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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net (loss) income $ (1,528) $ 64,588
Adjustments to reconcile net income to net cash provied by (used in) operating activities:    
Amortization of deferred loan origination fees, net of costs 2,515 2,065
Amortization of discount to fair value of acquired loan 2,972 9,914
Amortization of investment securities premiums, net of accretion of discounts 9,312 1,048
Amortization of core deposit and customer relationship intangibles 1,429 1,627
Amortization of fair value premium of acquired deposits 569 4,349
FDIC Loss Share (Expense) Income 38,408 53,776
Other Than Temporary Impairment on securities 246 0
Reimbursement from the FDIC shared-loss coverage in sale of loans (20,000) 0
Depreciation and amortization of premises and equipment 8,538 7,415
Deferred income taxes, net (1,329) 20,418
Provision for covered and non-covered loan and lease losses, net 109,311 43,763
Stock-based compensation 1,213 1,248
(Gain) loss on:    
Sale of securities (2,572) (4,366)
Sale of mortgage loans held for sale (2,595) (3,891)
Gain on sale of derivatives and on sale of TBA (26) 584
Foreclosed real estate 30,608 9,185
Sale of other repossessed asset 4,585 4,506
Sale of premises and equipment 193 (11)
Originations of loans held-for-sale (165,333) (130,547)
Proceeds from sale of loans held-for-sale 76,953 72,211
Net (increase) decrease in:    
Trading securities 1,011 182
Accrued interest receivable 2,720 (931)
Servicing Assets 544 (185)
Other assets (18,263) 8,538
Net increase (decrease) in:    
Accrued interest on deposits and borrowings (745) (1,811)
Accrued expenses and other liabilities (11,923) (3,099)
Net cash provided by (used in) operating activities 66,813 160,576
Purchases of:    
Investment securities available-for-sale (3,747) (219,027)
Investment securities held-to-maturity (458,229) (115,396)
FHLB stock 0 (84,375)
Maturities and Redemptions of [Abstract]    
Investment securities available-for-sale 187,052 429,939
Investments securities held-to-maturity 24,753 1,045
FHLB Stock 365 87,636
Proceeds from sale of:    
Investment securities available for sale 103,831 189,249
Foreclosed real estate and other repossessed assets 63,959 33,915
Proceeds From Sale Of Loans Held For Investment 30,669 9,378
Premises and equipment (76) 25
Proceeds From Sale Of Mortgage Servicing Rights MSR 5,927 0
Origination and purchase of loans, excluding loans held-for-sale (611,815) (545,776)
Principal repayment of loans, including covered loans 722,579 561,479
Reimbursements from the FDIC on shared-loss agreements 46,356 31,537
Additions to premises and equipment (3,402) (6,626)
Net change in securities purchased under agreements to resell 0 60,000
Net change in restricted cash 4,058 49,292
Net cash provided by investing activities 112,280 482,295
Net increase (decrease) in:    
Deposits (211,637) (306,917)
Securities sold under agreements to repurchase 20,717 (255,000)
FHLB advances, federal funds purchased, and other borrowings (3,676) (1,142)
Subordinated capital notes 787 1,180
Exercise of stock options and restricted units lapsed, net 204 641
Purchase of treasury stock (8,950) (10,394)
Dividends paid on preferred stock (10,396) (10,396)
Dividends paid on common stock (13,373) (10,873)
Net cash used in financing activities (226,324) (592,901)
Net change in cash and cash equivalents (47,231) 49,970
Cash and cash equivalents at beginning of period 573,427 621,269
Cash and cash equivalents at end of period 526,196 671,239
Supplemental Cash Flow Disclosure and Schedule of Non-cash Activities:    
Interest paid 51,471 63,082
Income Taxes Paid 10,598 1,839
Mortgage loans securitized into mortgage-backed securities 87,609 71,466
Transfer from loans to foreclosed real estate and other repossessed assets 56,510 67,296
Securities purchased but not yet received 0 30,057
Reclassification of loans held-for-investment portfolio to held-for-sale portfolio 1,453 5,268
Reclassification of loans held-for-sale portfolio to investment portfolio $ 156 $ 25,801