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CONSOLIDATED STATEMENTS OF CASH FLOWS — UNAUDITED - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash Flows from Operating Activities    
Net income from continuing operations $ 12,912 $ 49,726
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for credit losses 28,297 17,070
Depreciation and amortization 15,639 8,246
Share-based compensation expense 4,246 3,890
Deferred taxes (24,941) (276)
Net amortization (accretion) of investment securities premiums and discounts (725) (2,286)
Unrealized (gain) loss on investment securities (160) 45
Impairment loss on investment securities 51,319 0
Net (gain) loss on sale of investment securities 0 30
Unrealized (gain) loss on derivatives (712) (661)
Fair value adjustment on loans held for sale 667 0
Net (gain) loss on sale of loans and leases (2) (68)
Origination and purchases of loans held for sale (299,808) (340,536)
Proceeds from the sales and repayments of loans held for sale 326,356 322,413
Amortization (accretion) of loan net deferred fees, discounts and premiums (4,365) (7,367)
Earnings on investment in bank-owned life insurance (4,660) (3,261)
(Increase) decrease in accrued interest receivable and other assets (10,470) (10,576)
Increase (decrease) in accrued interest payable and other liabilities 528 (55,207)
Net Cash Provided By (Used In) Operating Activities 94,121 (18,818)
Cash Flows from Investing Activities    
Proceeds from maturities, calls and principal repayments of investment securities available for sale 99,521 113,323
Proceeds from maturities, calls and principal repayments of investment securities held to maturity 69,058 72,327
Proceeds from sales of investment securities available for sale 0 21,970
Purchases of investment securities available for sale (156,689) (328,905)
Purchases of investment securities held to maturity (14,022) 0
Origination of mortgage finance loans (5,329,199) (4,936,887)
Proceeds from repayments of mortgage finance loans 5,287,252 4,880,422
Net (increase) decrease in loans and leases, excluding mortgage finance loans (337,435) 16,634
Proceeds from sales of loans and leases 1,081 0
Purchases of loans (106,020) (7,403)
Purchases of bank-owned life insurance (1,462) 0
Proceeds from bank-owned life insurance 5,102 176
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 (544)  
Purchases of bank premises and equipment (686) (418)
Proceeds from sale of other real estate owned 0 33
Proceeds from sales of leased assets under lessor operating leases 413 94
Purchases of leased assets under lessor operating leases (16,398) (4,007)
Net Cash Provided By (Used In) Investing Activities (500,028) (163,160)
Cash Flows from Financing Activities    
Net increase (decrease) in deposits 66,911 41,501
Proceeds from long-term borrowed funds from FHLB and FRB 100,000 0
Repayments of long-term borrowed funds from FHLB and FRB (100,000) 0
Preferred stock dividends paid (3,434) (3,804)
Purchase of treasury stock (5,641) 0
Payments of employee taxes withheld from share-based awards (9,815) (1,426)
Proceeds from issuance of common stock 645 481
Net Cash Provided By (Used In) Financing Activities 48,666 36,752
Net Increase (Decrease) in Cash and Cash Equivalents (357,241) (145,226)
Cash and Cash Equivalents – Beginning 3,785,931 3,846,346
Cash and Cash Equivalents – Ending 3,428,690 3,701,120
Non-cash Investing and Financing Activities:    
Transfer of loans held for sale to held for investment $ 135,815 $ 858