Condensed Parent Company Information (Tables)

12 Months Ended

Dec. 31, 2021

Condensed Financial Information Of Parent Company Only Disclosure [Abstract]

Condensed Balance Sheets

	December 31,
(in thousands)	2021		2020
Assets:
Cash	$	90,277	$	199,995
Investment in bank subsidiaries		3,706,046		3,511,693
Investment in non-bank subsidiaries		24,726		25,134
Due from subsidiaries and other assets		17,323		15,464
Total assets	$	3,838,372	$	3,752,286
Liabilities and Stockholders' Equity:
Long term debt	$	166,664	$	312,260
Other liabilities		1,356		1,001
Stockholders' equity		3,670,352		3,439,025
Total liabilities and stockholders' equity	$	3,838,372	$	3,752,286

Condensed Statements of Income

	Years Ended December 31,
(in thousands)	2021			2020				2019
Operating income
From subsidiaries
Cash dividends received from bank subsidiaries	$	150,000		$		70,000		$	240,000
Cash dividend from nonbank Subsidiary		5,000			—				5,000
Equity in earnings (loss) of subsidiaries greater than dividends received		327,950				(101,406	)		94,185
Total operating income		482,950				(31,406	)		339,185
Other expense, net		25,814				22,307			15,635
Income tax benefit		(6,079	)			(8,539	)		(3,830	)
Net income (loss)	$	463,215		$		(45,174	)	$	327,380
Other comprehensive income (loss), net of tax		(134,004	)			134,793			125,985
Comprehensive income	$	329,211		$		89,619		$	453,365

Condensed Statements of Cash Flows

	Years Ended December 31,
(in thousands)	2021				2020				2019
Cash flows from operating activities - principally    dividends received from subsidiaries	$		160,887		$		71,067		$	255,322
Net cash provided by operating activities			160,887				71,067			255,322
Cash flows from investing activities:
Contribution of capital to subsidiary		—				—				(50,000	)
Net cash received in acquisition		—				—				38,505
Other, net		—				—				(1,874	)
Net cash (used in) investing activities			—				—			(13,369	)
Cash flows from financing activities:
Proceeds from issuance of long term debt			—				166,425			—
Repayment of long term debt			(150,000	)		—				(13,919	)
Dividends paid to stockholders			(95,927	)			(95,605	)		(94,871	)
Repurchase of common stock			(21,796	)			(12,716	)		—
Proceeds from dividend reinvestment and other incentive plans			4,482				5,301			4,265
Payroll tax remitted on net share settlement of equity awards			(7,364	)			(4,530	)		(6,295	)
Cash received(paid) under accelerated share repurchase agreement			—				12,110			(185,000	)
Other, net			—				—			(42,129	)
Net cash provided by (used in) financing activities			(270,605	)			70,985			(337,949	)
Net increase (decrease) in cash			(109,718	)			142,052			(95,996	)
Cash, beginning of year			199,995				57,943			153,939
Cash, end of year	$		90,277		$		199,995		$	57,943