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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating Activities    
Net income $ 290,074 $ 472,568
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for (reversal of) credit losses 103,818 143,607
Depreciation, amortization, and accretion, net 47,548 63,554
Deferred income tax expense (benefit) 15,016 22,827
Originations of loans held for sale (4,540,026) (468,407)
Proceeds from sales and payments on loans held for sale 4,479,035 798,317
Gain on sales of loans held for sale, net (7,973) (7,781)
(Increase) decrease in other assets (275,999) (245,928)
Increase (decrease) in other liabilities 169,197 170,688
Investment securities (gains) losses, net 256,660 (1,030)
Share-based compensation expense 24,063 24,851
Loss on sales of loans 0 50,064
Net gain on sales of other real estate and other assets held for sale (1,202) (4,088)
Other 0 (2,832)
Net cash provided by (used in) operating activities 560,211 1,016,410
Investing Activities    
Net cash received (paid) for business combination and divestiture 0 8,359
Proceeds from maturities and principal collections of investment securities held to maturity 129,572 0
Proceeds from maturities and principal collections of investment securities available for sale 477,981 714,090
Proceeds from sales of investment securities available for sale 1,365,923 82,595
Purchases of investment securities available for sale (2,255,313) (709,932)
Net proceeds from sales of loans 25,125 1,642,232
Purchases of loans 0 (10,623)
Net (increase) decrease in loans 139,975 (1,750,770)
Net (purchases) redemptions of Federal Home Loan Bank stock (3,587) 95,185
Net (purchases) redemptions of Federal Reserve Bank stock (12,341) (15,679)
Net proceeds from settlement (purchases) of bank-owned life insurance policies 2,324 3,360
Net increase in premises, equipment and software (44,384) (20,557)
Proceeds from sales of other real estate and other assets held for sale 25,534 9,367
Net cash provided by (used in) investing activities (149,191) 47,627
Financing Activities    
Net increase (decrease) in deposits (562,130) 1,339,392
Net increase (decrease) in federal funds purchased and securities sold under repurchase agreements (95,019) (48,318)
Net increase (decrease) in other short-term borrowings (3,496) (601,022)
Repayments and redemption of long-term debt (1,075,000) (4,621,226)
Proceeds from long-term debt, net 1,150,000 3,220,912
Dividends paid to common shareholders (166,170) (160,503)
Dividends paid to preferred shareholders (29,119) (26,204)
Repurchases of common stock (222,646) 0
Issuances, net of taxes paid, under equity compensation plans (5,254) (7,217)
Net cash provided by (used in) financing activities (1,008,834) (904,186)
Increase (decrease) in cash and cash equivalents including restricted cash (597,814) 159,851
Cash, cash equivalents, and restricted cash, at beginning of period 2,451,426 1,977,780
Cash, cash equivalents, and restricted cash at end of period 1,853,612 2,137,631
Supplemental Disclosures:    
Income taxes paid 33,517 60,082
Interest paid 1,130,654 780,407
Non-cash Activities    
Loans foreclosed and transferred to other real estate 21,992 0
Investment securities transferred from available for sale to held to maturity 2,715,635 0
Settlement of acquired debt $ 0 $ 31,109