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CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating Activities    
Net income $ 349,088 $ 373,292
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for (reversal of) credit losses 24,088 (43,173)
Depreciation, amortization, and accretion, net 36,991 66,572
Deferred income tax expense (benefit) (3,227) 25,111
Originations of loans held for sale (2,095,264) (2,042,076)
Proceeds from sales and payments on loans held for sale 1,926,118 2,078,089
Gain on sales of loans held for sale, net (7,277) (27,502)
(Increase) decrease in other assets (107,698) (7,354)
Increase (decrease) in other liabilities 72,987 (1,554)
Investment securities (gains) losses, net 0 1,990
Share-based compensation expense 14,511 13,131
Other 677 0
Net cash provided by (used in) operating activities 210,994 436,526
Investing Activities    
Proceeds from maturities and principal collections of investment securities available for sale 1,226,967 1,616,397
Proceeds from sales of investment securities available for sale 0 223,977
Purchases of investment securities available for sale (1,269,468) (3,476,929)
Proceeds from sales of loans 47,130 86,650
Purchases of loans (361,567) (1,041,602)
Net (increase) decrease in loans (1,594,366) 928,084
Net (purchases) redemptions of Federal Home Loan Bank stock (45,700) (1,200)
Net (purchases) redemptions of Federal Reserve Bank stock (536) (954)
Net proceeds from settlement (purchases) of bank-owned life insurance policies 3,106 6,264
Net increase in premises, equipment and software (11,260) (12,419)
Other 33,984 4,141
Net cash provided by (used in) investing activities (1,971,710) (1,667,591)
Financing Activities    
Net increase (decrease) in deposits (389,758) 480,391
Net increase (decrease) in federal funds purchased and securities sold under repurchase agreements 81,109 (33,135)
Net increase (decrease) in other short-term borrowings 254,818 (7,717)
Repayments and redemption of long-term debt (400,000) 0
Proceeds from issuance of long-term debt 1,000,000 0
Dividends paid to common shareholders (97,293) (97,927)
Dividends paid to preferred shareholders (16,581) (16,581)
Repurchases of common stock (12,987) (92,507)
Issuances, net of taxes paid, under equity compensation plans (3,385) 8,300
Net cash provided by (used in) financing activities 415,923 240,824
Increase (decrease) in cash and cash equivalents including restricted cash (1,344,793) (990,241)
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 1,665,060 3,262,676
Supplemental Disclosures:    
Income taxes paid 88,090 115,282
Interest paid 52,330 78,772
Non-cash Activities    
Securities purchased during the period but settled after period-end 0 48,795
Premises and equipment transferred to other assets held for sale 13,372 3,864
Loans foreclosed and transferred to other real estate 0 801
Loans transferred (from) to other loans held for sale at fair value $ (9,386) $ 0