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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating activities:    
Net income $ 100,794 $ 75,382
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 8,014 7,995
Amortization of intangible assets 6,597 7,191
Net accretion on securities, loans and borrowings (11,729) (5,902)
Stock-based compensation 3,242 3,233
Provision for credit losses (10,057) 15,368
Amortization of mortgage servicing rights 269 166
Unrealized (gain) loss on equity securities (24) 18
Income from bank-owned life insurance policies (981) (866)
Net gain on sale of loans and other assets (463) (529)
Change in other assets and other liabilities (7,585) (6,701)
Net cash provided by operating activities 88,077 95,355
Investing activities:    
Proceeds from maturities, calls, and paydowns of available-for-sale investment securities 151,994 130,739
Proceeds from maturities and redemptions of equity and other investment securities 2,648 406
Purchases of available-for-sale investment securities (759,022) (65,211)
Purchases of equity and other securities (92) (24)
Net decrease (increase) in loans 179,167 (296,873)
Cash (paid) received for acquisitions, net of cash acquired of $0 and $55,973, respectively (2,900) 34,360
Purchases of premises and equipment, net (5,689) (4,641)
Real estate tax credit investments (320) (550)
Net cash used in investing activities (434,214) (201,794)
Financing activities:    
Net increase in deposits 1,114,051 1,335,437
Net decrease in borrowings (92,843) (83,563)
Payments on subordinated debt held by unconsolidated subsidiary trusts (77,320) 0
Issuance of common stock 8,669 13,023
Purchases of treasury stock (128) (139)
Sales of treasury stock 0 85
Increase in deferred compensation arrangements 128 139
Cash dividends paid (45,162) (42,609)
Withholding taxes paid on share-based compensation (1,137) (1,084)
Net cash provided by financing activities 906,258 1,221,289
Change in cash and cash equivalents 560,121 1,114,850
Cash and cash equivalents at beginning of period 1,645,805 205,030
Cash and cash equivalents at end of period 2,205,926 1,319,880
Supplemental disclosures of cash flow information:    
Cash paid for interest 7,644 12,336
Cash paid for income taxes 22,482 10,459
Supplemental disclosures of noncash financing and investing activities:    
Dividends declared and unpaid 22,768 22,104
Transfers from loans to other real estate 120 990
Acquisitions:    
Common stock issued 0 76,942
Fair value of assets acquired, excluding acquired cash and intangibles 199 549,983
Fair value of liabilities assumed $ 174 $ 530,767