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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net Income $ 107,681 $ 216,691 $ 895,344
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Provision for loan losses 325,424 170,016 241,478
Goodwill impairment charge 0 3,801 0
Amortization of intangibles 9,378 12,144 11,019
Depreciation and amortization of premises and equipment 48,364 46,874 47,474
Net accretion of discounts and amortization of premiums and deferred fees (22,310) (40,786) (73,496)
Impairment losses on long-lived assets 4,784 0 0
Other-than-temporary impairment on investment securities 8,299 209 14,445
Fair value adjustments on mortgage servicing rights 36,519 25,336 7,904
FDIC loss share (income) expense 10,066 207,779 (20,062)
Adjustments (expense) to indemnity reserves on loans sold 22,377 17,285 18,628
Earnings from investments under the equity method (34,083) (31,288) (24,373)
Deferred income tax (benefit) expense 207,428 61,574 (519,128)
(Gain) loss on:      
Disposition of premises and equipment 4,281 4,094 (3,629)
Sale and valuation adjustments of investment securities (334) (1,962) (141)
Sale of loans, including valuation adjustments on loans held-for-sale and mortgage banking activities (16,670) (35,517) (35,013)
Sale of foreclosed assets, including write-downs 21,715 19,357 60,378
Acquisitions of loans held-for-sale (244,385) (310,217) (401,991)
Proceeds from sale of loans held-for-sale 69,464 89,887 124,111
Net originations on loans held-for-sale (315,522) (510,783) (792,821)
Net (increase) decrease in:      
Trading securities 501,618 753,839 1,083,683
Accrued income receivable (75,802) (13,808) 5,392
Other assets (50,508) (26,304) 100,133
Net increase (decrease) in:      
Interest payable 2,549 165 528
Pension and other postretirement benefits obligation (13,100) (55,678) 3,252
Other liabilities 28,279 (13,241) (72,980)
Total adjustments 527,831 372,776 (225,209)
Net cash provided by operating activities 635,512 589,467 670,135
Cash flows from investing activities:      
Net (increase) decrease in money market investments (2,364,902) (710,125) (357,706)
Purchases of investment securities:      
Available-for-sale (4,139,762) (3,407,779) (2,014,315)
Held-to-maturity 0 0 (750)
Other (29,672) (14,130) (40,847)
Proceeds from calls, paydowns, maturities and redemptions of investment securities:      
Available-for-sale 2,023,295 1,227,966 1,362,712
Held-to-maturity 6,232 4,588 4,856
Other 0 11,122 46,341
Proceeds from sale of investment securities available-for-sale 14,992 5,259 96,760
Proceeds from sale of other investment securities 30,265 9,021 14,950
Net repayments on loans (398,676) (267,205) 431,676
Proceeds from sale of loans 415 141,363 30,160
Acquisition of loan portfolios (535,534) (535,445) (338,447)
Acquisition of trademark 0 0 (50)
Net payments from FDIC under loss sharing agreements (7,679) 98,518 247,976
Net cash received and acquired from business combination 0 0 731,279
Acquisition of servicing advances 0 0 (61,304)
Cash paid related to business acquisitions 0 0 (17,250)
Return of capital from equity method investments 8,694 907 13,329
Mortgage servicing rights purchased 0 0 (2,400)
Acquisition of premises and equipment (62,697) (100,320) (62,656)
Proceeds from sale of:      
Premises and equipment and other productive assets 9,753 8,897 12,880
Foreclosed assets 96,540 83,357 141,145
Net cash provided by investing activities (5,348,736) (3,444,006) 238,339
Net increase (decrease) in:      
Deposits 4,954,105 3,286,428 207,338
Federal funds purchased and assets sold under agreements to repurchase (88,505) (282,719) (509,512)
Other short-term borrowings 95,008 0 (148,215)
Payments of notes payable (95,607) (254,816) (737,889)
Proceeds from issuance of notes payable 55,000 165,047 277,398
Proceeds from issuance of common stock, including reissuance of treasury shares 7,016 7,437 6,226
Dividends paid (95,910) (65,932) (19,257)
Net payments for repurchase of common stock (75,664) (563) (1,021)
Payments related to tax witholding for shared-based compensation (1,756) (1,623) (963)
Net cash used in financing activities 4,753,687 2,853,259 (925,895)
Net decrease in cash and due from banks 40,463 (1,280) (17,421)
Cash and due from banks at beginning of period 362,394 363,674 381,095
Cash and due from banks at end of period $ 402,857 $ 362,394 $ 363,674