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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
OPERATING ACTIVITIES    
Net income $ 274,522 $ 130,182
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 11,500 125,500
Net amortization of premiums and discounts from acquisition 390 53
Depreciation and amortization 41,736 46,448
Amortization of debt issuance costs 338 19
Deferred income tax benefit (3,403) (15,996)
Net increase in trading securities and other earning assets (47,336) (3,536)
Gains on investment securities, net (3,609) (7,624)
Gains on sales of assets (2,605) (1,770)
Amortization of securities premiums, net of discount accretion 42,014 31,613
Originations of loans held for sale (112,448) (74,414)
Gains on sales of loans held for sale, net (4,294) (1,920)
Proceeds from sales of loans held for sale 118,805 73,159
Equity-based compensation 14,096 10,442
Net tax benefit related to equity compensation plans 1,813 230
Changes in:    
Accrued income 12,891 (8,066)
Accrued expenses and taxes (60,986) 38,007
Other assets and liabilities, net 78,938 (127,172)
Net cash provided by operating activities 362,362 215,155
Securities held to maturity:    
Maturities, calls and principal repayments 142,169 111,129
Purchases (216,979) (65,334)
Securities available for sale:    
Sales 295,546 257,151
Maturities, calls and principal repayments 1,336,507 2,042,636
Purchases (3,720,734) (3,322,717)
Equity securities with readily determinable fair values:    
Sales 72,801  
Maturities, calls and principal repayments 2  
Purchases (1,058) (6,597)
Equity securities without readily determinable fair values:    
Sales 14  
Maturities, calls and principal repayments 2,501 7,719
Purchases (20,936) (5,979)
Payment on low-income housing tax credit investment commitments (12,202) (7,238)
Net increase in loans (408,476) (2,538,649)
Net decrease in fed funds sold and resell agreements 558,231 477,032
Net cash activity from acquisitions and divestitures 18,431 24
Net decrease (increase) in interest-bearing balances due from other financial institutions 10,318 (5,817)
Purchases of premises and equipment (20,703) (46,763)
Proceeds from sales of premises and equipment 1,666 8,497
Purchases of bank-owned and company-owned life insurance (100,000) (50,000)
Proceeds from bank-owned and company-owned life insurance death benefit   1,489
Net cash used in investing activities (2,062,902) (3,143,417)
FINANCING ACTIVITIES    
Net increase in demand and savings deposits 4,475,973 3,674,564
Net decrease in time deposits (291,414) (539,901)
Net increase in fed funds purchased and repurchase agreements 184,843 32,496
Proceeds from short-term debt   15,000
Proceeds from long-term debt   200,000
Payment of debt issuance costs   (2,328)
Cash dividends paid (48,816) (44,925)
Proceeds from exercise of stock options and sales of treasury shares 14,776 2,989
Purchases of treasury stock (4,269) (59,565)
Net cash provided by financing activities 4,331,093 3,278,330
Increase in cash and cash equivalents 2,630,553 350,068
Cash and cash equivalents at beginning of period 3,497,566 1,669,170
Cash and cash equivalents at end of period 6,128,119 2,019,238
Supplemental disclosures:    
Income tax payments 69,612 33,318
Total interest payments 37,967 73,085
Noncash disclosures:    
Acquisition of low-income housing tax credit investments 30,182 47,172
Commitment to fund low-income housing tax credit investments $ 30,182 $ 47,172