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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net income $ 934,889 $ 506,622 $ 671,135
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit losses (benefit) (193,464) 292,536 165,779
Amortization of intangibles 9,134 6,397 9,370
Depreciation and amortization of premises and equipment 55,104 58,452 58,067
Net accretion of discounts and amortization of premiums and deferred fees (21,962) (63,300) (158,070)
Interest capitalized on loans subject to the temporary payment moratorium or loss mitigation alternatives (15,567) (95,212) 0
Share-based compensation 17,774 8,254 12,303
Impairment losses on right-of-use and long-lived assets 5,320 18,004 2,591
Fair value adjustments on mortgage servicing rights 10,206 42,055 27,771
Adjustments (expense) to indemnity reserves on loans sold (4,406) (390) 343
Earnings from investments under the equity method, net of dividends or distributions (50,942) (27,738) (28,011)
Deferred income tax expense 229,371 75,044 141,332
(Gain) loss on:      
Disposition of premises and equipment and other productive assets (18,393) (11,561) (6,666)
Proceeds from insurance claims 0 (366) (1,205)
Sale of debt securities (23) (41) 20
Sale of loans, including valuation adjustments on loans held-for-sale and mortgage banking activities (21,611) (32,449) (15,888)
Sale of foreclosed assets, including write-downs (30,098) (19,958) (21,982)
Acquisitions of loans held-for-sale (251,336) (227,697) (223,939)
Proceeds from sale of loans held-for-sale 95,100 83,456 71,075
Net originations on loans held-for-sale (527,585) (391,537) (289,430)
Net (increase) decrease in:      
Trading debt securities 741,465 493,993 460,969
Equity securities (2,336) (8,263) (8,032)
Accrued income receivable 6,193 (35,616) (8,369)
Other assets 25,022 114,329 (37,847)
Net (decrease) increase in:      
Interest payable (5,395) (5,404) (284)
Pension and other postretirement benefits obligation (4,104) 5,898 778
Other liabilities 22,802 (106,736) (116,443)
Total adjustments 70,269 172,150 34,232
Net cash provided by operating activities 1,005,158 678,772 705,367
Cash flows from investing activities:      
Net (increase) decrease in money market investments (5,895,789) (8,378,577) 905,558
Purchases of investment securities:      
Available-for-sale (14,672,856) (21,033,807) (18,733,295)
Equity (16,196) (30,794) (16,300)
Proceeds from calls, paydowns, maturities and redemptions of investment securities:      
Available-for-sale 9,602,430 18,224,362 14,650,440
Held-to-maturity 15,700 6,733 5,913
Proceeds from sale of investment securities:      
Available-for-sale 235,992 5,103 99,445
Equity 2,904 25,206 20,030
Net repayments (disbursements) on loans 469,268 (875,941) (641,029)
Proceeds from sale of loans 203,179 84,385 110,534
Acquisition of loan portfolios (348,179) (1,138,276) (619,737)
Payments to acquire other intangible (905) (83) (10,382)
Payments to acquire businesses, net of cash acquired (155,828) 0 0
Return of capital from equity method investments 6,362 959 6,942
Payments to acquire equity method investments (375) (1,778) 0
Acquisition of premises and equipment (72,781) (60,073) (75,665)
Proceeds from insurance claims 0 366 1,205
Proceeds from sale of:      
Premises and equipment and other productive assets 21,482 26,548 18,608
Foreclosed assets 86,942 77,521 107,881
Net cash used in investing activities (10,518,650) (13,068,146) (4,169,852)
Net increase (decrease) in:      
Deposits 10,138,617 13,102,028 4,043,955
Assets sold under agreements to repurchase (29,700) (72,076) (88,151)
Other short-term borrowings 75,000 0 (41)
Payment of notes payable (237,713) (139,920) (210,377)
Principal payments of finance leases (2,852) (3,145) (1,726)
Proceeds from issuance of notes payable 0 261,999 75,000
Proceeds from issuance of common stock 4,674 9,093 8,719
Payments for repurchase of redeemable preferred stock 0 (28,017) 0
Dividends paid (141,466) (133,645) (115,810)
Net payments for repurchase of common stock (350,535) (500,479) (250,581)
Payments related to tax witholding for share-based compensation (5,115) (3,693) (5,431)
Net cash provided by financing activities 9,450,910 12,492,145 3,455,557
Net (decrease) increase in cash and due from banks, and restricted cash (62,582) 102,771 (8,928)
Cash and due from banks and restricted cash at beginning of period 497,094 394,323 403,251
Cash and due from banks and restricted cash at end of period $ 434,512 $ 497,094 $ 394,323