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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Net income $ 506,622 $ 671,135 $ 618,158
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit losses 292,536 165,779 228,072
Amortization of intangibles 6,397 9,370 9,326
Depreciation and amortization of premises and equipment 58,452 58,067 53,300
Net accretion of discounts and amortization of premiums and deferred fees (63,300) (158,070) (87,154)
Interest capitalized on loans subject to the temporary payment moratorium (95,212) 0 (481)
Share-based compensation 8,254 12,303 10,521
Impairment losses on long-lived assets 18,004 2,591 272
Fair value adjustments on mortgage servicing rights 42,055 27,771 8,477
FDIC Loss Share Income 0 0 (94,725)
Adjustments to indemnity reserves on loans sold (390) 343 12,959
Earnings from investments under the equity method, net of dividends or distributions (27,738) (28,011) (24,217)
Deferred income tax expense (benefit) 75,044 141,332 (12,320)
(Gain) loss on:      
Disposition of premises and equipment and other productive assets (11,561) (6,666) 15,984
Proceeds from insurance claims (366) (1,205) (20,147)
Early extinguishment of debt 0 0 12,522
Sale of debt securities (41) 20 0
Sale of loans, including valuation adjustments on loans held-for-sale and mortgage banking activities (32,449) (15,888) (9,681)
Sale of foreclosed assets, including write-downs (19,958) (21,982) 6,833
Acquisitions of loans held-for-sale (227,697) (223,939) (232,264)
Proceeds from sale of loans held-for-sale 83,456 71,075 66,687
Net originations on loans held-for-sale (391,537) (289,430) (254,582)
Net decrease (increase) in:      
Trading debt securities 493,993 460,969 458,447
Equity securities (8,263) (8,032) (1,622)
Accrued income receivable (35,616) (8,369) 49,288
Other assets 114,329 (37,847) 265,322
Net (decrease) increase in:      
Interest payable (5,404) (284) (9,786)
Pension and other postretirement benefits obligation 5,898 778 4,558
Other liabilities (106,736) (116,443) (226,244)
Total adjustments 172,150 34,232 229,345
Net cash provided by operating activities 678,772 705,367 847,503
Cash flows from investing activities:      
Net (increase) decrease in money market investments (8,378,577) 905,558 1,083,515
Purchases of investment securities:      
Available-for-sale (21,033,807) (18,733,295) (10,050,165)
Equity (30,794) (16,300) (13,068)
Proceeds from calls, paydowns, maturities and redemptions of investment securities:      
Available-for-sale 18,224,362 14,650,440 6,946,209
Held-to-maturity 6,733 5,913 7,280
Proceeds from sale of investment securities:      
Available-for-sale 5,103 99,445 0
Equity 25,206 20,030 24,209
Net disbursements on loans (875,941) (641,029) (6,665)
Proceeds from sale of loans 84,385 110,534 29,669
Acquisition of loan portfolios (1,138,276) (619,737) (601,550)
Payments to acquire other intangible (83) (10,382) 0
Net payments (to) from FDIC under loss sharing agreements 0 0 (25,012)
Payments to acquire businesses, net of cash acquired 0 0 (1,843,333)
Return of capital from equity method investments 959 6,942 4,090
Payments to acquire equity method investments (1,778) 0 0
Acquisition of premises and equipment (60,073) (75,665) (80,549)
Proceeds from insurance claims 366 1,205 20,147
Proceeds from sale of:      
Premises and equipment and other productive assets 26,548 18,608 9,185
Foreclosed assets 77,521 107,881 105,371
Net cash used in investing activities (13,068,146) (4,169,852) (4,390,667)
Net increase (decrease) in:      
Deposits 13,102,028 4,043,955 4,259,651
Assets sold under agreements to repurchase (72,076) (88,151) (109,391)
Other short-term borrowings 0 (41) (96,167)
Payments of notes payable (139,920) (210,377) (755,966)
Principal payments of finance leases (3,145) (1,726) 0
Payments for debt extinguishment 0 0 (12,522)
Proceeds from issuance of notes payable 261,999 75,000 473,819
Proceeds from issuance of common stock 9,093 8,719 7,268
Payments for repurchase of redeemable preferred stock (28,017) 0 0
Dividends paid (133,645) (115,810) (105,441)
Net payments for repurchase of common stock (500,479) (250,581) (125,264)
Payments related to tax witholding for share-based compensation (3,693) (5,431) (2,201)
Net cash provided by financing activities 12,492,145 3,455,557 3,533,786
Net increase (decrease) in cash and due from banks, and restricted cash 102,771 (8,928) (9,378)
Cash and due from banks and restricted cash at beginning of period 394,323 403,251 412,629
Cash and due from banks and restricted cash at end of period $ 497,094 $ 394,323 $ 403,251