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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Activities:      
Net income $ 207,127 $ 204,729 $ 199,726
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan and lease losses 56,350 49,300 37,250
Deferred tax expense (benefit) 17,700 (15,513) (5,154)
Depreciation and amortization 36,449 34,678 30,585
Amortization of earning assets and funding premium/discount, net 57,331 54,555 50,758
Stock-based compensation 11,438 10,935 10,223
Gain on sale, net of write-down, on foreclosed and repossessed assets (976) (311) (1,297)
Loss (gain) on sale, net of write-down, on premises and equipment 397 (244) (292)
Impairment loss on securities recognized in earnings 149 110 1,145
Gain on the sale of investment securities, net (414) (609) (5,499)
Increase in cash surrender value of life insurance policies (14,759) (13,020) (13,178)
Gain from life insurance policies 0 (220) (2,229)
Mortgage banking activities (11,103) (7,795) (4,070)
Proceeds from sale of loans held for sale 438,925 452,590 287,132
Originations of loans held for sale (452,886) (449,048) (296,996)
Net decrease (increase) in derivative contract assets net of liabilities 27,929 (6,489) (49,158)
Gain on redemption of other assets (7,331) 0 0
Net decrease (increase) in accrued interest receivable and other assets 50,737 (44,334) [1] (2,552) [1]
Net (decrease) increase in accrued expenses and other liabilities (18,918) 33,478 [1] 6,601 [1]
Net cash provided by operating activities 398,145 302,792 242,995
Investing Activities:      
Net decrease (increase) in interest-bearing deposits 126,446 (23,212) (109,021)
Purchases of available-for-sale securities (980,870) (903,240) (217,920)
Proceeds from maturities and principal payments of available-for-sale securities 672,965 558,301 416,821
Proceeds from sales of available-for-sale securities 259,283 123,270 98,402
Purchases of held-to-maturity securities (1,066,156) (761,033) (1,113,958)
Proceeds from maturities and principal payments of held-to-maturity securities 795,953 681,124 575,009
Net (purchase) proceeds of Federal Home Loan Bank stock (6,299) 4,943 (34,412)
Purchases of intercompany debt securities (381) 458 (115)
Net increase in loans (1,440,141) (1,813,811) (1,269,290)
Proceeds from loans not originated for sale 34,170 33,644 0
Purchase of life insurance policies 0 (50,000) 0
Proceeds from life insurance policies 0 3,912 2,178
Proceeds from the sale of foreclosed properties and repossessed assets 9,205 10,511 8,995
Proceeds from the sale of premises and equipment 1,550 650 3,565
Additions to premises and equipment (40,731) (36,115) (30,039)
Acquisition of business, net cash acquired 0 1,396,414 0
Net cash used for investing activities (1,635,006) (774,184) (1,669,785)
Financing Activities:      
Net increase in deposits 1,351,609 853,921 797,244
Contingent consideration 5,000 0 0
Proceeds from Federal Home Loan Bank advances 19,630,000 13,505,000 10,372,226
Repayments of Federal Home Loan Bank advances (19,451,219) (13,700,279) (9,565,192)
Net decrease in securities sold under agreements to repurchase and other borrowings (201,874) (99,356) (80,906)
Issuance of long-term debt 0 0 150,000
Repayment of long-term debt 0 0 (150,000)
Debt issuance costs 0 0 (1,349)
Dividends paid to common shareholders (89,522) (80,964) (67,431)
Dividends paid to preferred shareholders (8,096) (8,711) (10,556)
Exercise of stock options 11,762 3,060 2,221
Excess tax benefits from stock-based compensation 3,204 2,338 1,161
Common stock issued 0 0 435
Common stock repurchased (11,206) (12,564) (10,741)
Shares acquired related to employee share-based compensation plans (11,664) (5,251) (2,326)
Common stock warrants repurchased (163) (23) (3)
Net cash (used for) provided by financing activities 1,227,831 457,171 1,434,783
Net (decrease) increase in cash and due from banks (9,030) (14,221) 7,993
Cash and due from banks at beginning of period 199,693 213,914 205,921
Cash and due from banks at end of period 190,663 199,693 213,914
Supplemental disclosure of cash flow information:      
Interest paid 102,438 95,428 89,942
Income taxes paid 80,143 106,991 102,973
Noncash investing and financing activities:      
Transfer of loans and leases to foreclosed properties and repossessed assets 6,769 8,714 5,532
Transfer of loans from portfolio to loans held for sale 39,383 585 0
Deposits assumed in business acquisition 0 1,446,899 0
Preferred stock conversion $ 0 $ 28,939 $ 0
[1] An additional line item, net decrease (increase) in derivative contract assets net of liabilities, was added to the Consolidated Statements of Cash Flows to detail the net change in derivative balances subject to offsetting. The update removed $6.5 million and $49.2 million in net increases in derivative contract assets net of liabilities from the net (increase) in accrued interest receivable and other assets and net increase in accrued expenses and other liabilities line items for the years ended December 31, 2015 and December 31, 2014 respectively.