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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ 495,401 $ (47,156) $ 485,397
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Provision for (recoveries of) loan losses 4,180 (15,004) (18,587)
Depreciation and amortization 32,811 31,497 27,792
Amortization of discounts and premiums, net (26,258) (8,069) (8,293)
Amortization of core deposit intangibles 2,391 5,344 8,297
Net gain on sales of securities (3,347) (4,054) (14,029)
Net gain on sales of loans (57,398) (65,649) (24,066)
Gain on Visa shares sold     (3,856)
Stock-based compensation 32,661 30,205 27,454
Deferred tax expense (benefit) 44,746 (31,289) 26,151
Changes in operating assets and liabilities:      
Decrease (increase) in other assets 326,790 (196,899) 105,575
(Decrease) increase in other liabilities (4,336) 15,425 (16,020)
Origination of loans held for sale (4,646,773) (4,680,243) (3,189,694)
Proceeds from sales of loans originated for sale 4,554,785 4,545,466 3,316,296
Net cash provided by (used in) operating activities 755,653 (420,426) 722,417
CASH FLOWS FROM INVESTING ACTIVITIES:      
Proceeds from repayment of securities held to maturity 2,499,205 940,580 775,347
Proceeds from repayment of securities available for sale 50,192 9,889 9,787
Proceeds from sales of securities held to maturity 1,297 44,104 139,294
Proceeds from sales of securities available for sale 322,038 278,689 333,725
Purchase of securities held to maturity (213,208) (20,021) (150,338)
Purchase of securities available for sale (279,402) (318,027) (226,000)
Proceeds from sale of Visa shares     3,856
Redemption of Federal Home Loan Bank stock 601,941 623,189 555,635
Purchase of Federal Home Loan Bank stock (528,904) (771,833) (509,572)
Net increase in loans (2,826,365) (4,072,135) (3,482,686)
Proceeds from sales of loans 1,675,550 1,923,208 478,605
Purchase of premises and equipment, net (84,179) (34,802) (73,495)
Net cash provided by (used in) investing activities 1,218,165 (1,397,159) (2,145,842)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net increase in deposits 461,145 98,024 2,667,742
Net increase (decrease) in short-term borrowed funds (3,256,300) 768,100 (767,900)
Proceeds from long-term borrowed funds 1,181,000 11,243,500 50,000
Repayments of long-term borrowed funds   (10,489,682) (160,615)
Tax effect of stock plans [1]   2,486 3,225
Proceeds received from follow-on common stock offering, net   629,682  
Cash dividends paid on common stock (330,810) (453,981) (442,204)
Net cash received from stock option exercises     60
Payments relating to treasury shares received for restricted stock award tax payments [1] (8,677) (7,020) (7,283)
Net cash (used in) provided by financing activities (1,953,642) 1,791,109 1,343,025
Net increase (decrease) in cash and cash equivalents 20,176 (26,476) (80,400)
Cash and cash equivalents at beginning of year 537,674 564,150 644,550
Cash and cash equivalents at end of year 557,850 537,674 564,150
Supplemental information:      
Cash paid for interest 382,135 540,818 553,811
Cash paid for income taxes 180,238 187,608 247,589
Cash paid for prepayment penalties on borrowings   914,965  
Non-cash investing and financing activities:      
Transfers to other real estate owned from loans 20,099 47,096 86,545
Transfer of loans from held for investment to held for sale 1,659,743 1,897,075 654,758
Transfer of loans from held for sale to held for investment   153,578  
Shares issued for restricted stock awards $ 8,985 $ 7,708 $ 7,073
[1] See Note 2, "Summary of Significant Accounting Policies" for a discussion of the Company's adoption of ASU No. 2016-09.