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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net income from continuing operations $ 92,533 $ 118,664 $ (513,175)
Net (loss) from discontinued operations 0 0 (19,842)
Net income/(loss) 92,533 118,664 (533,017)
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision expense/(benefit) for credit losses 11,000 (500) 75,878
Net amortization of securities 2,886 1,939 2,513
Change in unamortized net loan origination costs and premiums 3,312 (1,918) 21,856
Premises and equipment depreciation and amortization expense 9,576 11,035 11,919
Stock-based compensation expense 7,338 4,170 4,727
Accretion of purchase accounting entries, net (1,637) (6,577) (10,377)
Amortization of other intangibles 5,134 5,200 6,181
Income from cash surrender value of bank-owned life insurance policies (5,540) (5,561) (5,354)
Securities losses/(gains), net 2,031 787 7,576
Net change in loans held-for-sale 5,168 5,775 (4,267)
Loss on disposition of assets 0 2,811 327
Loss on sale of real estate 0 6 13
Amortization of interest in tax-advantaged projects 3,508 3,444 3,645
Goodwill impairment 0 0 553,762
Gain on sale of business operations and other assets 0 (52,942) 0
Prepayment penalties on repayment of Federal Home Loan Bank advances 0 862 0
Net change in other (12,076) 18,282 (31,247)
Net cash provided by operating activities of continuing operations 123,233 105,477 123,977
Net cash provided/(used) by operating activities of discontinued operations 0 0 103,664
Net cash provided by operating activities 123,233 105,477 227,641
Cash flows from investing activities:      
Net decrease in trading security 818 776 734
Purchases of marketable equity securities 0 0 (17,631)
Proceeds from sales of marketable equity securities 0 2,880 33,928
Purchases of securities available for sale (478,940) (804,616) (885,182)
Proceeds from sales of securities available for sale 149,994 0 69,337
Proceeds from maturities, calls, and prepayments of securities available for sale 548,423 575,538 457,586
Purchases of securities held to maturity (807) (219,470) (144,651)
Proceeds from maturities, calls, and prepayments of securities held to maturity 51,961 46,061 35,331
Net change in loans (1,559,012) 1,262,521 1,054,029
Net change in Mid-Atlantic region loans held for sale 0 50,914 0
Proceeds from surrender of bank-owned life insurance 2,311 2,566 553
Purchase of Federal Home Loan Bank stock (124,331) 0 (6,741)
Proceeds from sales of Federal Home Loan Bank stock 127,912 24,078 19,887
Net investment in limited partnership tax credits (14,537) (2,878) (7,280)
Purchase of premises and equipment, net (1,495) (1,606) (7,208)
Proceeds from sales of seasoned commercial loan portfolios 24,323 16,417 37,988
Proceeds from sales of other real estate owned 0 187 171
Cash outflows from sale of business operations and other assets 0 (352,814) 0
Net investing cash flows provided/(used) by discontinued operations 0 0 252
Net cash (used)/provided by investing activities (1,273,380) 600,554 641,103
Cash flows from financing activities:      
Net increase in deposits 258,316 (154,052) 499,657
Net change in Mid-Atlantic region deposits held for sale 0 20,953 0
Proceeds from Federal Home Loan Bank advances and other borrowings 51,275 0 326,277
Repayments of Federal Home Loan Bank advances and other borrowings (60,196) (462,059) (582,648)
Proceeds from issuance of subordinated debt 98,032 0 0
Repayment from calling of subordinated debt (75,000) 0 0
Purchase of treasury stock (124,519) (68,712) (473)
Exercise of stock options 270 417 664
Common and preferred stock cash dividends paid (24,527) (24,553) (36,564)
Settlement of derivative contracts with financial institution counterparties 84,044 51,907 (97,611)
Net cash provided/(used) by financing activities 207,695 (636,099) 109,302
Net change in cash and cash equivalents (942,452) 69,932 978,046
Cash and cash equivalents at beginning of year 1,627,807 1,557,875 579,829
Cash and cash equivalents at end of year 685,355 1,627,807 1,557,875
Supplemental cash flow information:      
Interest paid on deposits 32,782 29,606 82,319
Interest paid on borrowed funds 9,043 11,385 21,277
Income taxes (refunded)/paid, net 28,439 14,816 (13,864)
Other net comprehensive (loss)/income (177,809) (34,114) 18,878
Reclassifications of loans to loans held for sale 3,369 11,660 14,845
Loans held0for-sale reclassified to portfolio loans, net 606 0 0
Premises and equipment reclassified to held-for-sale 1,380 4,577 0
Real estate owned acquired in settlement of loans 0 0 224
Premium payable on cash flow hedges 2,296 0 0
Discontinued Operations, Held-for-sale | Mid-Atlantic Branch Sale      
Supplemental cash flow information:      
Reclassifications of loans to loans held for sale 0 0 317,304
Mid-Atlantic liabilities reclassified to held for sale 0 0 630,065
Loans held0for-sale reclassified to portfolio loans, net 0 29,418 0
Mid-Atlantic deposits held-for-sale reclassified to deposits, net 0 7,197 0
Retained earnings      
Cash flows from operating activities:      
Net income/(loss) 92,533 118,664 (533,017)
Impact of ASC 326 adoption | Retained earnings      
Supplemental cash flow information:      
Impact to retained earnings from adoption of ASC 326, net of tax $ 0 $ 0 $ 24,380