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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net income $ 541,342,000 $ 1,102,641,000 $ 934,889,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit losses (benefit) 208,609,000 83,030,000 (193,464,000)
Goodwill impairment losses 23,000,000 9,000,000 0
Amortization of intangibles 3,180,000 3,275,000 9,134,000
Depreciation and amortization of premises and equipment 58,507,000 55,107,000 55,104,000
Net accretion of discounts and amortization of premiums and deferred fees (45,249,000) 29,120,000 (21,962,000)
Interest capitalized on loans subject to the temporary payment moratorium or loss mitigation alternatives (9,868,000) (11,521,000) (15,567,000)
Share-based compensation 16,773,000 16,727,000 17,774,000
Impairment losses on right-of-use and long-lived assets 0 2,233,000 5,320,000
Fair value adjustments on mortgage servicing rights 12,339,000 (166,000) 10,206,000
Fair value adjustment for contingent consideration 0 (9,241,000) 0
Adjustments to indemnity reserves on loans sold (2,319,000) (919,000) (4,406,000)
Earnings from investments under the equity method, net of dividends or distributions (27,450,000) (29,522,000) (50,942,000)
Deferred income tax (benefit) expense (43,139,000) (33,129,000) 229,371,000
(Gain) loss on:      
Disposition of premises and equipment and other productive assets (12,756,000) (9,453,000) (18,393,000)
Proceeds from insurance claims (145,000) 0 0
Sale of debt securities 0 0 (23,000)
Sale of loans, including valuation adjustments on loans held-for-sale and mortgage banking activities 203,000 252,000 (21,611,000)
Sale of equity method investment (152,000) (8,198,000) 0
Disposition of stock as part of the Evertec Transactions 0 (240,412,000) 0
Sale of foreclosed assets, including write-downs (22,665,000) (33,008,000) (30,098,000)
Acquisitions of loans held-for-sale (7,639,000) (122,363,000) (251,336,000)
Proceeds from sale of loans held-for-sale 44,734,000 64,542,000 95,100,000
Net originations on loans held-for-sale (68,310,000) (202,913,000) (527,585,000)
Net decrease (increase) in:      
Trading debt securities 33,500,000 353,301,000 741,465,000
Equity securities (11,341,000) 54,000 (2,336,000)
Accrued income receivable (23,238,000) (62,932,000) 6,193,000
Other assets 24,200,000 76,589,000 25,022,000
Net increase (decrease) in:      
Interest payable 19,814,000 6,061,000 (5,395,000)
Pension and other postretirement benefits obligation 16,092,000 (2,893,000) (4,104,000)
Other liabilities (41,410,000) (20,724,000) 22,802,000
Total adjustments 145,270,000 (88,103,000) 70,269,000
Net cash provided by operating activities 686,612,000 1,014,538,000 1,005,158,000
Cash flows from investing activities:      
Net (increase) decrease in money market investments (1,383,821,000) 11,922,703,000 (5,895,789,000)
Purchases of investment securities:      
Available-for-sale (16,707,264,000) (22,232,278,000) (14,672,856,000)
Held-to-maturity (8,615,000) (1,879,443,000) 0
Equity (18,477,000) (48,921,000) (16,196,000)
Proceeds from calls, paydowns, maturities and redemptions of investment securities:      
Available-for-sale 18,215,910,000 20,143,921,000 9,602,430,000
Held-to-maturity 458,806,000 9,826,000 15,700,000
Proceeds from sale of investment securities:      
Available-for-sale 0 0 235,992,000
Equity 31,946,000 42,990,000 2,904,000
Net (disbursements) repayments on loans (2,475,837,000) (2,237,084,000) 469,268,000
Proceeds from sale of loans 135,231,000 141,314,000 203,179,000
Acquisition of loan portfolios (770,493,000) (753,684,000) (348,179,000)
Payments to acquire other intangible 0 0 (905,000)
Payments to acquire businesses, net of cash acquired 0 0 (155,828,000)
Return of capital from equity method investments 249,000 681,000 6,362,000
Payments to acquire equity method investments (1,500,000) (1,625,000) (375,000)
Acquisition of premises and equipment (208,044,000) (103,789,000) (72,781,000)
Proceeds from insurance claims 145,000 0 0
Proceeds from sale of:      
Premises and equipment and other productive assets 8,658,000 10,305,000 21,482,000
Foreclosed assets 109,547,000 107,203,000 86,942,000
Net cash (used in) provided by investing activities (2,613,407,000) 5,350,200,000 (10,518,650,000)
Net increase (decrease) in:      
Deposits 2,365,451,000 (5,770,261,000) 10,138,617,000
Assets sold under agreements to repurchase (57,225,000) 57,006,000 (29,700,000)
Other short-term borrowings (365,000,000) 290,000,000 75,000,000
Payment of notes payable (343,261,000) (103,147,000) (237,713,000)
Principal payments of finance leases (5,360,000) (3,346,000) (2,852,000)
Proceeds from issuance of notes payable 441,705,000 0 0
Proceeds from issuance of common stock 6,311,000 5,837,000 4,674,000
Dividends paid (159,860,000) (161,516,000) (141,466,000)
Net payments for repurchase of common stock (461,000) (631,893,000) (350,535,000)
Payments related to tax witholding for share-based compensation (4,089,000) (5,771,000) (5,115,000)
Net cash provided by (used in) financing activities 1,878,211,000 (6,323,091,000) 9,450,910,000
Net (decrease) increase in cash and due from banks, and restricted cash (48,584,000) 41,647,000 (62,582,000)
Cash and due from banks and restricted cash at beginning of period 476,159,000 434,512,000 497,094,000
Cash and due from banks and restricted cash at end of period 427,575,000 476,159,000 434,512,000
Other equity method investees      
Proceeds from sale of investment securities:      
Proceeds from disposition of stock as part of the Evertec Transactions 152,000 8,198,000 0
EVERTEC Assets      
Proceeds from sale of investment securities:      
Proceeds from disposition of stock as part of the Evertec Transactions $ 0 $ 219,883,000 $ 0