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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating Activities      
Net income $ 760,467 $ 373,695 $ 563,780
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for (reversal of) credit losses [1] (106,251) 355,022 87,720
Depreciation, amortization, and accretion, net 157,987 106,107 8,079
Deferred income tax expense (benefit) 45,000 (86,192) 86,633
Originations of loans held for sale (3,698,368) (3,466,170) (872,105)
Proceeds from sales of loans held for sale 3,749,502 2,936,398 816,223
Gain on sales of loans held for sale, net (42,513) (67,115) (21,448)
Increase in other assets (78,728) (411,632) (127,636)
Increase (decrease) in other liabilities (21,674) 281,866 43,066
Investment securities (gains) losses, net 799 (78,931) 7,659
Share-based compensation expense 27,795 18,641 24,487
Other 0 55,343 4,592
Net cash provided by operating activities 794,016 17,032 621,050
Investing Activities      
Net cash received in business combination, net of cash paid 0 0 201,100
Proceeds from maturities and principal collections of investment securities available for sale 3,051,158 2,291,536 1,102,651
Proceeds from sales of investment securities available for sale 565,400 2,649,686 2,923,787
Purchases of investment securities available for sale (6,877,712) (6,036,179) (4,300,021)
Proceeds from sales of loans 111,168 1,426,954 74,123
Purchases of loans (1,624,182) (126,152) (667,954)
Net (increase) decrease in loans 373,964 (2,461,302) (1,361,693)
Net purchases of Federal Reserve Bank stock (1,220) (658) (55,335)
Net (purchases) redemptions of Federal Home Loan Bank stock (1,200) 129,710 (45,856)
Net (purchases) proceeds from settlement of bank-owned life insurance policies 19,045 (242,300) 16,637
Net increase in premises, equipment and software (25,954) (30,102) (61,208)
Other 25,367 45,834 19,907
Net cash used in investing activities (4,384,166) (2,352,973) (2,153,862)
Financing Activities      
Net increase in deposits 2,735,705 8,284,519 797,612
Net increase (decrease) in federal funds purchased and securities sold under repurchase agreements 36,211 62,232 (101,142)
Net increase (decrease) in other short-term borrowings 0 (1,745,843) 1,103,560
Repayments and redemption of long-term debt 0 (2,408,939) (157,226)
Proceeds from issuance of long-term debt, net 0 1,445,492 497,045
Dividends paid to common shareholders (194,677) (189,967) (167,923)
Dividends paid to preferred shareholders (33,163) (33,163) (17,741)
Proceeds from issuance of preferred stock, net 0 0 342,005
Issuances, net of taxes paid, under equity compensation plans 11,566 5,407 7,321
Repurchase of common stock (199,932) (16,246) (725,398)
Other (8,624) (1,552) (1,947)
Net cash provided by financing activities 2,347,086 5,401,940 1,576,166
Increase (decrease) in cash and cash equivalents including restricted cash (1,243,064) 3,065,999 43,354
Cash, cash equivalents, and restricted cash at beginning of year 4,252,917 1,186,918 1,143,564
Cash, cash equivalents, and restricted cash at end of year 3,009,853 4,252,917 1,186,918
Supplemental Disclosures:      
Income taxes paid 204,214 110,828 101,781
Interest paid 132,923 319,282 464,712
Non-cash Activities:      
Common stock issued, treasury stock reissued, equity awards/warrants exchanged to acquire FCB 0 0 1,625,688
Loans foreclosed and transferred to other real estate 12,408 2,163 19,423
Loans transferred to (from) loans held for sale at fair value $ (859) $ 49,821 $ 72,707
[1] Beginning January 1, 2020, provision calculation is based on current expected credit loss methodology. Prior to January 1, 2020, calculation was based on incurred loss methodology.