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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating activities:    
Net income $ 257,218 $ 90,800
Adjustments to reconcile net income to net cash provided by operating activities:    
Net amortization/accretion of premium/discount on securities 25,413 16,092
Depreciation, amortization and accretion 27,057 21,031
Provision for credit losses 10,069 168,221
Gain on mortgage loans sold, net (20,366) (28,202)
Investment gains on sales, net (366) (335)
Stock-based compensation expense 11,068 9,649
Deferred tax expense (benefit) 4,427 (24,038)
Losses (gains) on dispositions of other real estate and other investments (806) 5,033
Income from equity method investment (61,021) (32,800)
Dividends received from equity method investment 49,409 7,957
Excess tax benefit from stock compensation (1,867) (590)
Gain on commercial loans sold, net (2,356) (1,221)
Decrease (increase) in other assets 24,016 (173,328)
Increase (decrease) in other liabilities (83,266) 83,745
Net cash provided by operating activities 297,560 185,198
Activities in securities available-for-sale:    
Purchases (1,075,927) (810,119)
Sales 2,240 100,055
Maturities, prepayments and calls 280,795 186,492
Activities in securities held-to-maturity:    
Maturities, prepayments and calls 23,300 8,948
Increase in securities purchased under agreements to resell (500,000) 0
Increase in loans, net (492,984) (2,738,112)
Purchases of software, premises and equipment (10,451) (18,663)
Proceeds from Sale of Property, Plant, and Equipment 281 0
Proceeds from sale of other real estate 4,183 5,130
Proceeds from bank owned life insurance settlements 952 1,690
Proceeds from derivative instruments 99,710 35,680
Proceeds from sale of FHLB stock 10,329 0
Purchase of trade name 0 (1,000)
Increase in other investments (29,636) (26,813)
Net cash used in investing activities (1,687,208) (3,256,712)
Financing activities:    
Net increase in deposits 512,121 5,340,992
Net increase in securities sold under agreements to repurchase 49,497 68,199
Federal Home Loan Bank: Advances 0 762,472
Federal Home Loan Bank: Repayments/maturities (200,000) (1,037,518)
Advances of other borrowings, net of issuance costs 0 56,568
Repayments of other borrowings 0 (89,579)
Principal payments of finance lease obligation (128) (120)
Issuance of common stock pursuant to restricted stock unit agreement, net of shares withheld for taxes (3,764) (2,488)
Exercise of common stock options, net of shares surrendered for taxes (2,791) (2,280)
Repurchase of common stock 0 (50,790)
Common stock dividends paid (27,765) (24,820)
Preferred stock dividends paid (7,596) 0
Net cash provided by financing activities 319,574 5,238,268
Net increase (decrease) in cash, cash equivalents, and restricted cash (1,070,074) 2,166,754
Cash, cash equivalents, and restricted cash, beginning of period 3,961,449 526,707
Cash, cash equivalents, and restricted cash, end of period 2,891,375 2,693,461
Commercial Loan    
Adjustments to reconcile net income to net cash provided by operating activities:    
Loans held-for-sale originated (288,031) (180,238)
Loans held-for-sale sold 295,743 182,844
Consumer Loan    
Adjustments to reconcile net income to net cash provided by operating activities:    
Loans held-for-sale originated (1,117,635) (955,401)
Loans held-for-sale sold $ 1,168,854 $ 995,979