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CONSOLIDATED STATEMENTS OF CASH FLOWS — UNAUDITED - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash Flows from Operating Activities    
Net income from continuing operations $ 73,851 $ 107,811
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for credit losses 49,078 35,191
Depreciation and amortization 27,282 14,709
Share-based compensation expense 8,652 7,071
Deferred taxes (10,973) (529)
Net amortization (accretion) of investment securities premiums and discounts (1,773) (4,689)
Unrealized (gain) loss on investment securities (160) 69
Impairment loss on debt securities 51,319 0
Impairment loss on equity securities 2,278 0
Net (gain) loss on sale of investment securities 1,797 749
Unrealized gain on equity method investments 0 (11,041)
Unrealized (gain) loss on derivatives (1,514) (720)
(Gain) loss on sale of leased assets under lessor operating leases (1,636) (1,660)
Fair value adjustment on loans held for sale 378 0
Fair value adjustment on loans held for investment (2,050) 0
Net (gain) loss on sale of loans and leases (2) 86
Origination and purchases of loans held for sale (417,808) (694,847)
Proceeds from the sales and repayments of loans held for sale 466,171 655,749
Amortization (accretion) of loan net deferred fees, discounts and premiums (11,616) (16,809)
Earnings on investment in bank-owned life insurance (6,909) (5,268)
(Increase) decrease in accrued interest receivable and other assets 3,465 (43,888)
Increase (decrease) in accrued interest payable and other liabilities 26,445 (54,727)
Net Cash Provided By (Used In) Operating Activities 256,275 (12,743)
Cash Flows from Investing Activities    
Proceeds from maturities, calls and principal repayments of investment securities available for sale 167,483 259,666
Proceeds from maturities, calls and principal repayments of investment securities held to maturity 155,580 142,791
Proceeds from sales of investment securities available for sale 450,423 240,688
Purchases of investment securities available for sale (506,771) (599,311)
Purchases of investment securities held to maturity (14,022) 0
Purchases of equity method investments 0 (5,000)
Origination of mortgage finance loans (12,162,399) (10,386,402)
Proceeds from repayments of mortgage finance loans 11,969,037 10,278,131
Net (increase) decrease in loans and leases, excluding mortgage finance loans (461,034) (276,242)
Proceeds from sales of loans and leases 1,081 23,708
Purchases of loans (182,000) (50,644)
Purchases of bank-owned life insurance (1,462) 0
Proceeds from bank-owned life insurance 5,634 2,563
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 (4,376)  
Purchases of bank premises and equipment (772) (736)
Proceeds from sale of other real estate owned 0 79
Proceeds from sales of leased assets under lessor operating leases 4,207 13,724
Purchases of leased assets under lessor operating leases (39,811) (19,601)
Net Cash Provided By (Used In) Investing Activities (619,202) (358,319)
Cash Flows from Financing Activities    
Net increase (decrease) in deposits 101,644 (239,772)
Proceeds from long-term borrowed funds from FHLB and FRB 160,000 75,000
Repayments of long-term borrowed funds from FHLB and FRB (100,000) (250,000)
Redemption of preferred stock (57,501) 0
Preferred stock dividends paid (6,848) (7,713)
Purchase of treasury stock (5,641) 0
Payments of employee taxes withheld from share-based awards (12,280) (4,989)
Proceeds from issuance of common stock 1,133 777
Net Cash Provided By (Used In) Financing Activities 80,507 (426,697)
Net Increase (Decrease) in Cash and Cash Equivalents (282,420) (797,759)
Cash and Cash Equivalents – Beginning 3,785,931 3,846,346
Cash and Cash Equivalents – Ending 3,503,511 3,048,587
Non-cash Investing and Financing Activities:    
Transfer of loans held for investment to held for sale 0 24,804
Transfer of loans held for sale to held for investment 137,011 3,194
Transfer of loans to other real estate owned $ 12,306 $ 0