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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating Activities    
Net income $ 171,037 $ 187,093
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for (reversal of) credit losses 11,400 (18,575)
Depreciation, amortization, and accretion, net 27,109 52,395
Deferred income tax expense (benefit) 1,250 17,926
Originations of loans held for sale (915,873) (1,075,343)
Proceeds from sales and payments on loans held for sale 946,187 857,872
Gain on sales of loans held for sale, net (4,647) (16,293)
(Increase) decrease in other assets (58,709) 17,437
Increase (decrease) in other liabilities (5,433) (11,936)
Investment securities (gains) losses, net 0 1,990
Share-based compensation expense 8,334 7,664
Other 677 0
Net cash provided by (used in) operating activities 181,332 20,230
Investing Activities    
Proceeds from maturities and principal collections of investment securities available for sale 642,957 852,628
Proceeds from sales of investment securities available for sale 0 223,977
Purchases of investment securities available for sale (820,120) (2,125,567)
Proceeds from sales of loans 39,568 21,535
Purchases of loans (181,335) (606,985)
Net (increase) decrease in loans (726,686) 5,084
Net (purchases) redemptions of Federal Home Loan Bank stock (13,827) (1,200)
Net (purchases) redemptions of Federal Reserve Bank stock (424) 0
Net proceeds from settlement (purchases) of bank-owned life insurance policies 0 3,784
Net increase in premises, equipment and software (2,662) (4,027)
Other 28,464 1,247
Net cash provided by (used in) investing activities (1,034,065) (1,629,524)
Financing Activities    
Net increase (decrease) in deposits (771,032) 677,380
Net increase in federal funds purchased and securities sold under repurchase agreements 236,991 65,737
Net increase (decrease) in other short-term borrowings 400,192 (7,717)
Repayments and redemption of long-term debt (400,000) 0
Dividends paid to common shareholders (47,851) (48,834)
Dividends paid to preferred shareholders (8,291) (8,291)
Repurchases of common stock (9,671) 0
Issuances, net of taxes paid, under equity compensation plans (3,955) 6,368
Net cash provided by (used in) financing activities (603,617) 684,643
Increase (decrease) in cash and cash equivalents including restricted cash (1,456,350) (924,651)
Cash, cash equivalents, and restricted cash, at beginning of period 3,009,853 4,252,917
Cash, cash equivalents, and restricted cash at end of period 1,553,503 3,328,266
Supplemental Disclosures:    
Income taxes paid 46,493 48,505
Interest paid 27,278 46,599
Non-cash Activities    
Securities purchased during the period but settled after period-end 0 53,699
Premises and equipment transferred to other assets held for sale 11,712 0
Loans foreclosed and transferred to other real estate 0 720
Loans transferred (from) to other loans held for sale at fair value $ (1,055) $ 0