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CONSOLIDATED STATEMENTS OF CASH FLOWS — UNAUDITED - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash Flows from Operating Activities    
Net income from continuing operations $ 107,811 $ 101,295
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for credit losses 35,191 43,232
Depreciation and amortization 14,709 16,569
Share-based compensation expense 7,071 6,518
Deferred taxes (529) 2,766
Net amortization (accretion) of investment securities premiums and discounts (4,689) (5,778)
Unrealized (gain) loss on investment securities 69 0
Net (gain) loss on sale of investment securities 749 0
Unrealized gain on equity method investments (11,041) 0
Impairment loss on fixed assets and leases 0 124
Unrealized (gain) loss on derivatives (720) (139)
Settlement of terminated fair value hedge derivatives 0 4,630
(Gain) loss on sale of leased assets under lessor operating leases (1,660) 202
Net (gain) loss on sale of loans 86 625
Loss on sale of capital call lines of credit 0 5,037
Origination and purchases of loans held for sale (694,847) (309,590)
Proceeds from the sales and repayments of loans held for sale 655,749 313,685
Amortization (accretion) of loan net deferred fees, discounts and premiums (16,809) (32,174)
Earnings on investment in bank-owned life insurance (5,268) (7,644)
(Increase) decrease in accrued interest receivable and other assets (43,888) (70,818)
Increase (decrease) in accrued interest payable and other liabilities (54,727) 38,465
Net Cash Provided By (Used In) Operating Activities (12,743) 107,005
Cash Flows from Investing Activities    
Proceeds from maturities, calls and principal repayments of investment securities available for sale 259,666 156,297
Proceeds from maturities, calls and principal repayments of investment securities held to maturity 142,791 94,286
Proceeds from sales of investment securities available for sale 240,688 0
Purchases of investment securities available for sale (599,311) 0
Purchases of investment securities held to maturity 0 (73,074)
Purchases of equity method investments (5,000) 0
Origination of mortgage finance loans (10,386,402) (10,104,913)
Proceeds from repayments of mortgage finance loans 10,278,131 10,452,136
Net (increase) decrease in loans and leases, excluding mortgage finance loans (276,242) 1,290,224
Proceeds from sales of loans and leases 23,708 397,107
Purchases of loans (50,644) (600,674)
Proceeds from bank-owned life insurance 2,563 55,227
Net proceeds from sale of FHLB, Federal Reserve Bank, and other restricted stock 18,267  
Net purchases from sale of FHLB, Federal Reserve Bank, and other restricted stock   (52,044)
Purchases of bank premises and equipment (736) (154)
Proceeds from sale of other real estate owned 79 0
Proceeds from sales of leased assets under lessor operating leases 13,724 569
Purchases of leased assets under lessor operating leases (19,601) (14,881)
Net Cash Provided By (Used In) Investing Activities (358,319) 1,600,106
Cash Flows from Financing Activities    
Net increase (decrease) in deposits (239,772) (208,662)
Net increase (decrease) in short-term borrowed funds from FHLB 0 (300,000)
Proceeds from long-term borrowed funds from FHLB and FRB 75,000 2,565,000
Repayments of long-term borrowed funds from FHLB and FRB (250,000) (1,015,000)
Preferred stock dividends paid (7,713) (7,012)
Purchase of treasury stock 0 (39,806)
Payments of employee taxes withheld from share-based awards (4,989) (2,373)
Proceeds from issuance of common stock 777 160
Net Cash Provided By (Used In) Financing Activities (426,697) 992,307
Net Increase (Decrease) in Cash and Cash Equivalents (797,759) 2,699,418
Cash and Cash Equivalents – Beginning 3,846,346 455,806
Cash and Cash Equivalents – Ending 3,048,587 3,155,224
Non-cash Investing and Financing Activities:    
Purchases of investment securities held to maturity upon sale of consumer installment loans 0 436,841
Transfer of loans held for investment to held for sale 24,804 256,465
Transfer of loans held for sale to held for investment $ 3,194 $ 14,377