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CONSOLIDATED STATEMENTS OF CASH FLOWS — UNAUDITED - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash Flows from Operating Activities    
Net income from continuing operations $ 154,554 $ 188,051
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for credit losses 52,257 61,088
Depreciation and amortization 24,458 24,226
Share-based compensation expense 10,722 10,048
Deferred taxes (697) 21,999
Net amortization (accretion) of investment securities premiums and discounts (3,281) (8,859)
Unrealized (gain) loss on investment securities (324) 197
Net (gain) loss on sale of investment securities 749 429
Unrealized gain on equity method investments (11,041) 0
Impairment loss on fixed assets and leases 0 124
Unrealized (gain) loss on derivatives (1,089) (344)
Settlement of terminated fair value hedge derivatives 0 4,630
(Gain) loss on sale of leased assets under lessor operating leases (1,693) 439
Fair value adjustment on loans held for sale 607 0
Net (gain) loss on sale of loans and leases 14,776 869
Loss on sale of capital call lines of credit 0 5,037
Origination and purchases of loans held for sale (1,034,072) (470,318)
Proceeds from the sales and repayments of loans held for sale 952,271 454,867
Amortization (accretion) of loan net deferred fees, discounts and premiums (21,580) (74,016)
Earnings on investment in bank-owned life insurance (7,317) (9,617)
(Increase) decrease in accrued interest receivable and other assets (56,371) 917
Increase (decrease) in accrued interest payable and other liabilities (61,274) 33,339
Net Cash Provided By (Used In) Operating Activities 11,655 243,106
Cash Flows from Investing Activities    
Proceeds from maturities, calls and principal repayments of investment securities available for sale 457,970 228,503
Proceeds from maturities, calls and principal repayments of investment securities held to maturity 217,338 175,896
Proceeds from sales of investment securities available for sale 240,847 4,075
Purchases of investment securities available for sale (665,800) 0
Purchases of investment securities held to maturity (14,844) (73,074)
Purchases of equity method investments (5,000) 0
Origination of mortgage finance loans (16,495,064) (15,385,554)
Proceeds from repayments of mortgage finance loans 16,141,964 15,766,489
Net (increase) decrease in loans and leases, excluding mortgage finance loans (538,621) 1,586,922
Proceeds from sales of loans and leases 34,426 409,503
Purchases of loans (121,222) (702,409)
Proceeds from bank-owned life insurance 5,110 56,645
Net proceeds from sale of FHLB, Federal Reserve Bank, and other restricted stock 15,508  
Net purchases from sale of FHLB, Federal Reserve Bank, and other restricted stock   (51,667)
Purchases of bank premises and equipment (992) (521)
Proceeds from sale of fixed assets 0 73
Proceeds from sale of other real estate owned 79 33
Proceeds from sales of leased assets under lessor operating leases 14,576 2,515
Purchases of leased assets under lessor operating leases (31,299) (20,257)
Net Cash Provided By (Used In) Investing Activities (745,024) 1,997,172
Cash Flows from Financing Activities    
Net increase (decrease) in deposits 128,395 36,624
Net increase (decrease) in short-term borrowed funds from FHLB 0 (300,000)
Proceeds from long-term borrowed funds from FHLB and FRB 155,000 2,565,000
Repayments of long-term borrowed funds from FHLB and FRB (250,000) (1,525,000)
Repayments of other long-term borrowings (25,000) 0
Preferred stock dividends paid (11,501) (10,823)
Purchase of treasury stock (18,210) (39,806)
Payments of employee taxes withheld from share-based awards (5,150) (2,429)
Proceeds from issuance of common stock 1,511 324
Net Cash Provided By (Used In) Financing Activities (24,955) 723,890
Net Increase (Decrease) in Cash and Cash Equivalents (758,324) 2,964,168
Cash and Cash Equivalents – Beginning 3,846,346 455,806
Cash and Cash Equivalents – Ending 3,088,022 3,419,974
Non-cash Investing and Financing Activities:    
Purchases of investment securities held to maturity upon sale of consumer installment loans 160,029 436,841
Transfer of loans held for investment to held for sale 55,724 309,076
Transfer of loans held for sale to held for investment $ 5,210 $ 14,377