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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 422,417 $ 466,201 $ 495,401
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses 18,256 37,242 4,180
Depreciation 32,323 32,803 32,811
Amortization of discounts and premiums, net (3,891) (4,555) (26,258)
Amortization of core deposit intangibles 208 2,391
Net loss (gain) on sales of securities 14 (29,924) (3,347)
Gain on trading securities activity (222) (316)  
Net gain on sales of loans (111) (87,301) (57,398)
Stock-based compensation 36,260 36,029 32,661
Deferred tax expense 23,197 21,444 44,746
Changes in operating assets and liabilities:      
Decrease in other assets 29,952 451,873 326,790
(Decrease) increase in other liabilities (53,320) 23,329 (4,336)
Purchases of securities held for trading (141,615) (202,450)  
Proceeds from sales of securities held for trading 141,837 202,766  
Origination of loans held for sale (1,674,123) (4,646,773)
Proceeds from sales of loans originated for sale 35,258 2,053,484 4,554,785
Net cash provided by operating activities 540,355 1,326,710 755,653
CASH FLOWS FROM INVESTING ACTIVITIES:      
Proceeds from repayment of securities held to maturity 175,375 2,499,205
Proceeds from repayment of securities available for sale 817,822 387,772 50,192
Proceeds from sales of securities held to maturity 547,925 1,297
Proceeds from sales of securities available for sale 278,539 453,878 322,038
Purchase of securities held to maturity (13,030) (213,208)
Purchase of securities available for sale (3,288,204) (1,163,043) (279,402)
Redemption of Federal Home Loan Bank stock 120,220 90,909 601,941
Purchases of Federal Home Loan Bank stock (160,991) (103,794) (528,904)
Proceeds from bank-owned life insurance 16,303    
Proceeds from sales of loans 195,760 2,289,377 1,675,550
Other changes in loans, net (1,990,068) (1,575,846) (2,826,365)
Purchase of premises and equipment, net (9,847) (27,783) (84,179)
Net cash (used in) provided by investing activities (4,020,466) 1,061,740 1,218,165
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net increase in deposits 1,662,267 214,260 461,145
Net decrease in short-term borrowed funds (460,000) (3,256,300)
Proceeds from issuance of long-term borrowed funds 5,667,268 3,000,000 1,181,000
Repayments of long-term borrowed funds (4,373,500) (3,300,000) 0
Net proceeds from issuance of preferred stock 502,840  
Cash dividends paid on common stock (333,061) (332,147) (330,810)
Cash dividends paid on preferred stock (32,828) (24,621)  
Treasury stock repurchased (160,767)    
Payments relating to treasury shares received for restricted stock award tax payments (2,482) (18,463) (8,677)
Net cash provided by (used in) financing activities 2,426,897 (418,131) (1,953,642)
Net (decrease) increase in cash and cash equivalents (1,053,214) 1,970,319 20,176
Cash and cash equivalents at beginning of year 2,528,169 557,850 537,674
Cash and cash equivalents at end of year 1,474,955 2,528,169 557,850
Supplemental information:      
Cash paid for interest 645,588 447,476 382,135
Cash paid for income taxes 44,123 217,682 180,238
Non-cash investing and financing activities:      
Transfers to repossessed assets from loans 5,631 9,973 20,099
Transfer of loans from held for investment to held for sale 195,649 1,910,121 1,659,743
Shares issued for restricted stock awards 8,879 11,028 $ 8,985
Securities transferred from held to maturity to available for sale $ 3,040,305