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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating Activities:    
Net income $ 185,546 $ 149,467
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan and lease losses 27,900 43,850
Deferred tax (benefit) expense (3,241) 14,425
Depreciation and amortization 28,060 27,342
Amortization of earning assets and funding, premiums/discounts, net 33,338 42,855
Stock-based compensation 9,050 8,558
Gain on sale, net of write-down, on foreclosed and repossessed assets (551) (744)
Write-down (gain on sale), net on premises and equipment 218 (713)
Impairment loss on investment securities recognized in earnings 126 149
Gain on the sale of investment securities, net 0 (414)
Increase in cash surrender value of life insurance policies (10,943) (11,060)
Mortgage banking activities (8,038) (11,335)
Proceeds from sale of loans held for sale 262,029 298,840
Origination of loans held for sale (227,435) (320,739)
Net decrease (increase) in derivative contract assets net of liabilities 11,235 (73,765)
Net (increase) decrease in accrued interest receivable and other assets (19,405) 51,270
Net increase (decrease) in accrued expenses and other liabilities 12,386 (30,419)
Net cash provided by operating activities 300,275 187,567
Investing Activities:    
Net decrease in interest-bearing deposits 2,469 133,969
Purchases of available for sale investment securities (305,309) (615,174)
Proceeds from maturities and principal payments of available for sale investment securities 695,595 430,099
Proceeds from sales of available for sale investment securities 0 259,283
Purchases of held-to-maturity investment securities (887,240) (640,218)
Proceeds from maturities and principal payments of held-to-maturity investment securities 525,499 517,513
Net proceeds of Federal Home Loan Bank stock 58,306 3,243
Alternative investments return of capital (capital call), net 107 (649)
Net increase in loans (446,454) (1,010,423)
Proceeds from loans not originated for sale 7,445 20,764
Proceeds from Life Insurance Policy 746 0
Proceeds from the sale of foreclosed and repossessed assets 5,651 6,900
Proceeds from the sale of premises and equipment 2,182 1,550
Additions to premises and equipment (20,034) (31,250)
Proceeds from redemption of other assets 7,581 0
Net cash used for investing activities (353,456) (924,393)
Financing Activities:    
Net increase in deposits 1,551,987 1,248,710
Proceeds from Federal Home Loan Bank advances 9,245,000 14,150,000
Repayments of Federal Home Loan Bank advances (10,580,218) (14,226,147)
Net decrease in securities sold under agreements to repurchase and other borrowings (46,624) (350,695)
Dividends paid to common shareholders (70,732) (66,648)
Dividends paid to preferred shareholders (6,072) (6,072)
Exercise of stock options 5,301 2,372
Excess tax benefits from stock-based compensation 0 2,363
Common stock repurchase program (11,585) (11,206)
Common shares purchased related to stock compensation plan activity (9,295) (5,392)
Common stock warrants repurchased 0 (163)
Net cash (used for) provided by financing activities 77,762 737,122
Net decrease in cash and due from banks 24,581 296
Cash and due from banks at beginning of period 190,663 199,693
Cash and due from banks at end of period 215,244 199,989
Supplemental disclosure of cash flow information:    
Interest paid 85,242 79,054
Income taxes paid 78,832 61,639
Noncash investing and financing activities:    
Real Estate Owned, Transfer to Real Estate Owned 6,503 4,917
Transfer of loans from portfolio to loans-held-for-sale $ 0 $ 20,547