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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash Flows from Operating Activities:    
Net income $ 219,212 $ 256,369
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for (recovery of) loan losses (10,269) 719
Depreciation and amortization 16,001 16,325
Amortization of discounts and premiums, net (2,130) (15,983)
Amortization of core deposit intangibles 184 1,452
Net gain on sales of securities (28,915) (176)
Net gain on sales of loans (10,501) (35,460)
Stock-based compensation 18,195 16,367
Deferred tax expense 27,766 20,250
Changes in operating assets and liabilities:    
Decrease in other assets 101,612 297,480
Increase (decrease) in other liabilities 51,393 (21,206)
Origination of loans held for sale (1,122,084) (2,176,235)
Proceeds from sales of loans originated for sale 1,275,991 1,927,800
Net cash provided by operating activities 536,455 287,702
Cash Flows from Investing Activities:    
Proceeds from repayment of securities held to maturity 175,375 2,176,943
Proceeds from repayment of securities available for sale 2,614 49,959
Proceeds from sales of securities held to maturity 547,925  
Proceeds from sales of securities available for sale 139,009 112,676
Purchases of securities held to maturity (13,030) (10,086)
Purchase of securities available for sale (84,000) (112,500)
Redemption of Federal Home Loan Bank stock 65,161 337,180
Purchase of Federal Home Loan Bank stock (63,294) (260,044)
Proceeds from sales of loans 364,164 1,037,760
Other changes in loans, net (89,365) (1,864,187)
Purchase of premises and equipment, net (22,648) (60,939)
Net cash provided by investing activities 1,021,911 1,406,762
Cash Flows from Financing Activities:    
Net increase in deposits 5,662 456,234
Net decrease in short-term borrowed funds (460,000) (2,021,400)
(Repayments of) proceeds from long-term borrowed funds (850,000) 181,000
Net proceeds from issuance of preferred stock 502,840  
Cash dividends paid on common stock (166,031) (165,347)
Cash dividends paid on preferred stock (8,207)  
Payments relating to treasury shares received for restricted stock award tax payments (10,634) (8,336)
Net cash used in financing activities (986,370) (1,557,849)
Net increase in cash and cash equivalents 571,996 136,615
Cash and cash equivalents at beginning of period 557,850 537,674
Cash and cash equivalents at end of period 1,129,846 674,289
Supplemental information:    
Cash paid for interest 214,315 185,450
Cash paid for income taxes 67,651 125,209
Non-cash investing and financing activities:    
Transfers to other real estate owned from loans 9,558 15,233
Transfer of loans from held for investment to held for sale 1,843,765 1,026,107
Shares issued for restricted stock awards 10,312 $ 8,709
Securities transferred from held to maturity to available for sale $ 3,040,305