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CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating Activities    
Net income $ 187,093 $ 38,521
Adjustments to reconcile net income to net cash (used) provided by operating activities:    
(Reversal of) provision for credit losses (18,575) 158,722
Depreciation, amortization, and accretion, net 52,395 23,649
Deferred income tax expense (benefit) 17,926 (10,978)
Originations of loans held for sale 1,075,343 254,395
Proceeds from sales and payments on loans held for sale 857,872 259,224
Gain on sales of loans held for sale, net 16,293 9,497
Gain on sales of loans held for sale, net 17,437 (442,711)
(Decrease) increase in other liabilities (11,936) 260,486
Investment securities losses (gains), net 1,990 (8,734)
Share-based compensation expense 7,664 3,570
Other 0 1,904
Net cash provided by operating activities 20,230 19,761
Investing Activities    
Proceeds from maturities and principal collections of investment securities available for sale 852,628 341,431
Proceeds from sales of investment securities available for sale 223,977 413,180
Purchases of investment securities available for sale (2,125,567) (755,558)
Proceeds from sales of loans 21,535 11,808
Purchases of loans 606,985 0
Net decrease (increase) in loans 5,084 (1,065,125)
Net purchases of Federal Home Loan Bank stock (1,200) (978)
Net purchases of Federal Reserve Bank stock 0 (454)
Net proceeds from settlement (purchases) of bank-owned life insurance policies 3,784 (249,942)
Net increase in premises, equipment and software (4,027) (6,941)
Other (1,247) (8,547)
Net cash used in investing activities (1,629,524) (1,304,032)
Financing Activities    
Net increase in deposits 677,380 1,420,659
Net increase in federal funds purchased and securities sold under repurchase agreements 65,737 147,086
Net decrease in other short-term borrowings (7,717) (578,560)
Repayments and redemption of long-term debt 0 (251,904)
Proceeds from issuance of long-term debt, net 0 1,248,441
Dividends paid to common shareholders (48,834) (44,149)
Dividends paid to preferred shareholders (8,291) (3,150)
Repurchase of common stock 0 (16,246)
Issuances, net of taxes paid, under equity compensation plans 6,368 (990)
Net cash provided by financing activities 684,643 1,921,187
(Decrease) increase in cash and cash equivalents including restricted cash (924,651) 636,916
Cash, cash equivalents, and restricted cash, at beginning of period 4,252,917 1,186,918
Cash, cash equivalents, and restricted cash at end of period 3,328,266 1,823,834
Supplemental Disclosures:    
Income taxes paid 48,505 920
Interest paid 46,599 109,340
Non-cash Activities    
Securities sold during the period but settled after period-end 0 169,748
Securities purchased during the period but settled after period-end 53,699 113,818
Loans foreclosed and transferred to other real estate 720 1,951
Dividends declared on common stock during the period but paid after period-end 49,093 48,598
Dividends declared on preferred stock during the period but paid after period-end $ 5,141 $ 5,141