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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net Income $ 91,324 $ 92,945
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Provision for loan losses 71,063 40,698
Amortization of intangibles 2,325 2,345
Depreciation and amortization of premises and equipment 12,836 11,799
Net accretion of discounts and amortization of premiums and deferred fees (7,006) (6,463)
Stock Based Compensation 3,112 0
Impairment losses on long-lived assets 272 0
Fair value adjustments on mortgage servicing rights 4,307 5,954
FDIC loss share (income) expense 8,027 8,257
Adjustments (expense) to indemnity reserves on loans sold 2,926 1,966
Earnings from investments under the equity method, net of dividends or distributions (7,370) (9,213)
Deferred income tax (benefit) expense 10,758 25,060
(Gain) loss on:    
Disposition of premises and equipment and other productive assets (72) 6,466
Sale of loans, including valuation adjustments on loans held-for-sale and mortgage banking activities (1,116) (5,381)
Sale of foreclosed assets, including write-downs (99) 4,512
Acquisitions of loans held-for-sale (47,335) (73,043)
Proceeds from sale of loans held-for-sale 12,036 29,364
Net originations on loans held-for-sale (48,375) (123,336)
Net (increase) decrease in:    
Trading securities 93,998 176,937
Equity securities (130) 435
Accrued income receivable 56,504 10,024
Other assets 36,014 11,995
Net increase (decrease) in:    
Interest payable (10,614) (11,281)
Pension and other postretirement benefits obligation 1,225 331
Other liabilities (94,529) (13,654)
Total adjustments 98,757 93,772
Net cash provided by operating activities 190,081 186,717
Cash flows from investing activities:    
Net (increase) decrease in money market investments (1,728,858) (766,208)
Purchases of investment securities:    
Available-for-sale (1,311,382) (1,216,880)
Equity (9,730) (225)
Proceeds from calls, paydowns, maturities and redemptions of investment securities:    
Available-for-sale 1,016,203 222,677
Held-to-maturity 2,639 2,184
Proceeds from sale of investment securities:    
Equity 9,745 1,757
Net repayments on loans 93,482 99,306
Acquisition of loan portfolios (161,295) (109,098)
Net payments from FDIC under loss sharing agreements (1,263) (23,574)
Return of capital from equity method investments 0 3,362
Acquisition of premises and equipment (13,046) (18,646)
Proceeds from insurance claims 258 0
Proceeds from sale of:    
Premises and equipment and other productive assets 3,033 3,011
Foreclosed assets 25,746 27,547
Net cash provided by investing activities (2,074,468) (1,774,787)
Net increase (decrease) in:    
Deposits 1,678,029 1,715,958
Federal funds purchased and assets sold under agreements to repurchase (10,860) (44,711)
Other short-term borrowings 89,992 0
Payments of notes payable (12,680) (17,408)
Proceeds from issuance of notes payable 40,000 0
Proceeds from issuance of common stock, including reissuance of treasury shares 4,712 1,806
Dividends paid (26,138) (16,499)
Net payments for repurchase of common stock (193) (75,604)
Payments related to tax witholding for shared-based compensation (1,223) (719)
Net cash provided by financing activities 1,761,639 1,562,823
Net decrease in cash and due from banks (122,748) (25,247)
Cash and due from banks and restricted cash at beginning of period 412,629 374,196
Cash and due from banks and restricted cash at end of period $ 289,881 $ 348,949