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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash Flows from Operating Activities      
Net income $ 285,979 $ 354,124 $ 360,642
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit losses 37,500 25,978 14,543
Provision for losses on other real estate owned 1,164 0 0
Deferred tax benefit (20,756) (4,782) (2,088)
Depreciation and amortization 7,183 8,371 9,958
Amortization of right-of-use asset 9,646 9,733 9,845
Change in operating lease liabilities (3,946) 2,279 (4,629)
Net gains on sale and transfers of other real estate owned 0 0 (6)
Net losses/(gains) on sale of loans 737 0 (1)
Loss on sales or disposal of fixed assets 0 6 67
Amortization of alternative energy partnerships, venture capital and other investments 72,633 86,616 42,065
Net gain on sales and calls of securities (1,107) 0 (101)
Amortization/accretion of security premiums/discount, net (25,369) (11,373) 2,465
Unrealized loss/(gain) on equity securities 7,516 (18,248) (291)
Write-off of AFS debt securities 0 3,000 0
Stock-based compensation and stock issued to officers as compensation 6,804 7,836 7,832
Net change in accrued interest receivable and other assets (10,050) (54,369) (80,411)
Net change in other liabilities (38,779) (24,429) 107,467
Net cash provided by operating activities 329,155 384,742 467,357
Cash Flows from Investing Activities      
Purchase of investment securities available-for-sale (1,358,614) (618,334) (711,707)
Proceeds from repayment, maturity, and call of investment securities available-for-sale 1,407,915 522,815 213,936
Proceeds from sale of investment securities available-for-sale 33,690 0 0
Proceeds from sale of equity securities 0 0 553
Benefits received from bank owned life insurance policies 0 0 4,013
Purchase of Federal Home Loan Bank stock (12,535) (29,381) (9,776)
Redemption of Federal Home Loan Bank stock 13,031 28,885 9,776
Proceeds from sale of loans originally classified as held-for-investment 172,960 0 33
Net increase in loans (36,018) (1,327,048) (1,272,268)
Purchase of premises and equipment (3,636) (3,401) (3,390)
Proceeds from sales of other real estate owned 0 0 307
Net increase in investment in affordable housing and alternative energy partnerships (32,763) (50,616) (6,995)
Acquisitions, net of cash acquired 0 0 (73,882)
Net cash provided/(used) for investing activities 184,030 (1,477,080) (1,849,400)
Cash Flows from Financing Activities      
Increase/(decrease) in deposits 360,997 820,041 (128,803)
Advances from Federal Home Loan Bank 6,968,000 14,035,000 5,480,000
Repayment of Federal Home Loan Bank borrowings (7,448,000) (13,980,000) (5,015,000)
Cash dividends paid (97,967) (98,638) (100,955)
Purchase of treasury stock (84,703) (16,667) (141,316)
Proceeds from shares issued under Dividend Reinvestment Plan 2,933 3,491 3,720
Taxes paid related to net share settlement of RSUs (3,726) (4,490) (2,905)
Net cash (used)/provided by financing activities (302,466) 758,737 94,741
Increase/(decrease) in cash, cash equivalents, and restricted cash 210,719 (333,601) (1,287,302)
Cash, cash equivalents, and restricted cash, beginning of the year 828,801 1,162,402 2,449,704
Cash, cash equivalents, and restricted cash, end of the period 1,039,520 828,801 1,162,402
Supplemental Cash Flow Information      
Interest 662,066 484,861 105,521
Income taxes 56,172 70,332 96,881
Non-cash investing and financing activities:      
Net change in unrealized holding gain/(loss) on securities available-for-sale, net of tax 583 18,642 (105,043)
Net change in unrealized holding (loss)/gain on cash flow hedge derivatives (774) (1,763) 5,813
Transfers to other real estate owned from loans held-for-investment 4,794 15,374 0
Loans transferred from held-for-investment to held-for-sale $ 173,697 $ 0 $ 32