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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating activities:    
Net income $ 52,850 $ 40,134
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation 4,034 4,079
Amortization of intangible assets 3,351 3,667
Net accretion on securities, loans and borrowings (7,127) (2,113)
Stock-based compensation 1,674 1,952
Provision for credit losses (5,719) 5,594
Amortization of mortgage servicing rights 135 82
Unrealized (gain) loss on equity securities (24) 30
Income from bank-owned life insurance policies (480) (408)
Net (gain) loss on sale of loans and other assets (280) 9
Change in other assets and other liabilities 13,396 (26,332)
Net cash provided by operating activities 61,810 26,694
Investing activities:    
Proceeds from maturities, calls, and paydowns of available-for-sale investment securities 78,112 61,753
Proceeds from maturities and redemptions of equity and other investment securities 2,383 404
Purchases of available-for-sale investment securities (546,733) (34,597)
Purchases of equity and other securities (10) (18)
Net decrease in loans 52,297 25,446
Purchases of premises and equipment, net (876) (3,020)
Real estate tax credit investments (155) (550)
Net cash (used in) provided by investing activities (414,982) 49,418
Financing activities:    
Net increase in deposits 979,263 309,015
Net decrease in borrowings (26,940) (45,040)
Payments on subordinated debt held by unconsolidated subsidiary trusts (77,320) 0
Issuance of common stock 7,329 6,399
Purchases of treasury stock (68) (74)
Sales of treasury stock 0 79
Increase in deferred compensation agreements 68 74
Cash dividends paid (22,553) (21,268)
Withholding taxes paid on share-based compensation (1,065) (991)
Net cash provided by financing activities 858,714 248,194
Change in cash and cash equivalents 505,542 324,306
Cash and cash equivalents at beginning of period 1,645,805 205,030
Cash and cash equivalents at end of period 2,151,347 529,336
Supplemental disclosures of cash flow information:    
Cash paid for interest 4,351 6,888
Cash paid for income taxes 2,701 9,642
Supplemental disclosures of noncash financing activities    
Dividends declared and unpaid 22,671 21,441
Transfers from loans to other real estate $ 63 $ 779