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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating Activities    
Net income $ 194,872 $ 124,070
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for (reversal of) credit losses 10,921 53,980
Depreciation, amortization, and accretion, net 11,543 17,854
Deferred income tax expense (benefit) 6,787 2,446
Originations of loans held for sale (1,544,628) (468,414)
Proceeds from sales and payments on loans held for sale 1,515,593 392,753
Gain on sales of loans held for sale, net (2,523) (2,419)
(Increase) decrease in other assets (96,746) (81,810)
Increase (decrease) in other liabilities (50,058) (22,298)
Share-based compensation expense 6,496 7,914
Net gain on sales of other real estate and other assets held for sale (355) 0
Net cash provided by (used in) operating activities 51,902 24,076
Investing Activities    
Proceeds from maturities and principal collections of investment securities held to maturity 49,571 0
Proceeds from maturities and principal collections of investment securities available for sale 125,397 196,020
Purchases of investment securities available for sale (277,156) (258,482)
Net proceeds from sales of loans 37 2,548
Net (increase) decrease in loans (56,802) 28,830
Net (purchases) redemptions of Federal Home Loan Bank stock (16,878) (16,626)
Net (purchases) redemptions of Federal Reserve Bank stock (287) (12,144)
Net increase in premises, equipment and software (8,158) (18,490)
Proceeds from sales of other real estate and other assets held for sale 2,534 0
Net cash provided by (used in) investing activities (181,742) (78,344)
Financing Activities    
Net increase (decrease) in deposits (258,749) (157,277)
Net increase (decrease) in federal funds purchased and securities sold under repurchase agreements (48,726) (60,830)
Net increase (decrease) in other short-term borrowings 0 248,973
Proceeds from long-term debt, net 350,000 100,000
Dividends paid to common shareholders (53,657) (55,733)
Dividends paid to preferred shareholders (11,323) (9,685)
Repurchases of common stock (120,849) (30,015)
Issuances, net of taxes paid, under equity compensation plans (14,610) (9,091)
Net cash provided by (used in) financing activities (157,914) 26,342
Increase (decrease) in cash and cash equivalents including restricted cash (287,754) (27,926)
Cash, cash equivalents, and restricted cash, at beginning of period 2,993,987 2,451,426
Cash, cash equivalents, and restricted cash at end of period 2,706,233 2,423,500
Supplemental Disclosures:    
Income taxes paid 30,303 28,798
Interest paid 327,399 385,188
Non-cash Activities    
Loans foreclosed and transferred to other real estate $ 403 $ 21,210