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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net (loss) income $ (47,156) $ 485,397 $ 475,547
Adjustments to reconcile net income to net cash (used in) provided by operating activities:      
(Recoveries of) provisions for loan losses (15,004) (18,587) 30,758
Depreciation and amortization 31,497 27,792 28,092
Amortization of discounts and premiums, net (8,069) (8,293) (3,600)
Amortization of core deposit intangibles 5,344 8,297 15,784
Net gain on sales of securities (4,054) (14,029) (21,036)
Gain on sales of loans (65,649) (24,066) (50,885)
Gain on Visa shares sold   (3,856)  
Stock plan-related compensation 30,205 27,454 22,247
Deferred tax (benefit) expense (31,289) 26,151 25,177
Loss on OTTI of securities recognized in earnings     612
Changes in operating assets and liabilities:      
(Increase) decrease in other assets (196,899) 105,575 (92,089)
Increase (decrease) in other liabilities 15,425 (16,020) 49,442
Origination of loans held for sale (4,680,243) (3,189,694) (6,213,592)
Proceeds from sales of loans originated for sale 4,545,466 3,316,296 7,109,473
Net cash (used in) provided by operating activities (420,426) 722,417 1,375,930
CASH FLOWS FROM INVESTING ACTIVITIES:      
Proceeds from repayment of securities held to maturity 940,580 775,347 680,715
Proceeds from repayment of securities available for sale 9,889 9,787 59,362
Proceeds from sales of securities held to maturity 44,104 139,294 191,142
Proceeds from sales of securities available for sale 278,689 333,725 631,802
Purchase of securities held to maturity (20,021) (150,338) (4,029,981)
Purchase of securities available for sale (318,027) (226,000) (554,239)
Proceeds from sale of Visa shares   3,856  
Net (purchase) redemption of Federal Home Loan Bank stock (148,644) 46,063 (92,245)
Net increase in loans (4,072,135) (3,482,686) (2,022,625)
Proceeds from sales of loans 1,923,208 478,605  
Purchase of premises and equipment, net (34,802) (73,495) (37,242)
Net cash used in investing activities (1,397,159) (2,145,842) (5,173,311)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net increase in deposits 98,024 2,667,742 783,471
Net increase (decrease) in short-term borrowed funds 768,100 (767,900) 2,466,100
Proceeds from long-term borrowed funds 11,243,500 50,000 2,460,312
Repayments of long-term borrowed funds (10,489,682) (160,615) (3,251,601)
Tax effect of stock plans 2,486 3,225 1,692
Proceeds received from follow-on common stock offering, net 629,682    
Cash dividends paid on common stock (453,981) (442,204) (440,308)
Treasury stock purchases (7,020) (7,283) (5,319)
Net cash received from stock option exercises   60 326
Net cash provided by financing activities 1,791,109 1,343,025 2,014,673
Net (decrease) increase in cash and cash equivalents (26,476) (80,400) (1,782,708)
Cash and cash equivalents at beginning of year 564,150 644,550 2,427,258
Cash and cash equivalents at end of year 537,674 564,150 644,550
Supplemental information:      
Cash paid for interest 540,818 553,811 552,501
Cash paid for income taxes 187,608 247,589 212,181
Cash paid for prepayment penalties on borrowings 914,965    
Non-cash investing and financing activities:      
Transfers to other real estate owned from loans 47,096 86,545 115,215
Transfer of loans from held for investment to held for sale 1,897,075 654,758  
Transfer of loans from held for sale to held for investment 153,578    
Shares issued for restricted stock awards $ 7,708 $ 7,073 $ 5,093