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Consolidated Statements of Cash Flows — Unaudited - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash Flows from Operating Activities    
Net income from continuing operations $ 49,726 $ 53,721
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for credit losses 17,070 19,603
Depreciation and amortization 8,246 8,833
Share-based compensation expense 3,890 3,005
Deferred taxes (276) 18,656
Net amortization (accretion) of investment securities premiums and discounts (2,286) (2,682)
Unrealized (gain) loss on investment securities 45 (62)
Net (gain) loss on sale of investment securities 30 0
Impairment loss on fixed assets and leases 0 109
Unrealized (gain) loss on derivatives (661) 52
Settlement of terminated fair value hedge derivatives 0 4,630
(Gain) loss on sale of loans (68) 0
Origination and purchases of loans held for sale (340,536) (185,919)
Proceeds from the sales and repayments of loans held for sale 322,413 106,146
Amortization (accretion) of loan net deferred fees, discounts and premiums (7,367) (23,039)
Earnings on investment in bank-owned life insurance (3,261) (2,647)
(Increase) decrease in accrued interest receivable and other assets (10,576) (932)
Increase (decrease) in accrued interest payable and other liabilities (55,207) 18,064
Net Cash Provided By (Used In) Operating Activities (18,818) 17,538
Cash Flows from Investing Activities    
Proceeds from maturities, calls and principal repayments of investment securities available for sale 113,323 69,648
Proceeds from maturities, calls and principal repayments of investment securities held to maturity 72,327 44,213
Proceeds from sales of investment securities available for sale 21,970 0
Purchases of investment securities available for sale (328,905) 0
Purchases of investment securities held to maturity 0 (73,074)
Origination of mortgage finance loans (4,936,887) (4,702,988)
Proceeds from repayments of mortgage finance loans 4,880,422 4,794,683
Net (increase) decrease in loans and leases, excluding mortgage finance loans 16,634 736,616
Purchases of loans (7,403) (12,550)
Proceeds from bank-owned life insurance 176 727
Net proceeds from sale of FHLB, Federal Reserve Bank, and other restricted stock 9,481  
Net purchases from sale of FHLB, Federal Reserve Bank, and other restricted stock   (50,537)
Purchases of bank premises and equipment (418) (130)
Proceeds from sale of other real estate owned 33 0
Proceeds from sales of leased assets under lessor operating leases 94 113
Purchases of leased assets under lessor operating leases (4,007) (2,076)
Net Cash Provided By (Used In) Investing Activities (163,160) 804,645
Cash Flows from Financing Activities    
Net increase (decrease) in deposits 41,501 (435,823)
Net increase (decrease) in short-term borrowed funds from FHLB 0 (300,000)
Proceeds from long-term borrowed funds from FHLB and FRB 0 2,565,000
Repayments of long-term borrowed funds from FHLB and FRB 0 (1,015,000)
Preferred stock dividends paid (3,804) (3,450)
Purchase of treasury stock 0 (39,806)
Payments of employee taxes withheld from share-based awards (1,426) (2,280)
Proceeds from issuance of common stock 481 55
Net Cash Provided By (Used In) Financing Activities 36,752 768,696
Net Increase (Decrease) in Cash and Cash Equivalents (145,226) 1,590,879
Cash and Cash Equivalents – Beginning 3,846,346 455,806
Cash and Cash Equivalents – Ending 3,701,120 2,046,685
Non-cash Investing and Financing Activities:    
Transfer of loans held for investment to held for sale 0 16,000
Transfer of loans held for sale to held for investment $ 858 $ 0