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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net income $ 112,871 $ 51,026
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of deferred loan origination fees and fair value (discounts) premiums on loans 2,044 (7,606)
Amortization of fair value premiums on acquired deposits 0 (1,955)
Amortization of investment securities premiums, net of accretion of discounts 2,370 4,142
Amortization of other intangibles assets 7,351 8,315
Net change in operating leases 359 401
Depreciation and amortization of premises and equipment 10,369 9,382
Deferred income tax expense, net 33,441 12,127
(Recapture) provision for credit losses (6,978) 78,496
Stock-based compensation 4,993 1,468
Bargain purchase from Scotiabank Acquistion 0 (7,336)
(Gain) loss on:    
Sale of securities 0 (4,728)
Sale of loans (5,752) (2,202)
Early extinguishment of debt 0 63
Foreclosed real estate and other repossessed assets (6,863) 1,078
Sale of other assets (570) (7)
Originations and purchases of loans held-for-sale (284,966) (143,394)
Proceeds from sale of loans held-for-sale 175,955 64,248
Net (increase) decrease in:    
Trading securities 0 15
Accrued interest receivable 9,101 (29,996)
Servicing assets (932) 3,537
Other assets (8,895) 3,320
Net increase (decrease) in:    
Accrued interest on deposits and borrowings (782) (4,038)
Accrued expenses and other liabilities 49,005 13,438
Net cash provided by operating activities 92,121 49,794
Purchases of:    
Investment securities available-for-sale (28,273) (1,778)
Investment securities held-to-maturity (348,758) 0
Other investments (6,472) (1,645)
Maturities and redemptions of:    
Investment securities available-for-sale 77,846 389,139
Investment securities held-to-maturity 4,943 0
FHLB stock 782 4,726
Proceeds from sales of:    
Investment securities available-for-sale 0 320,984
Foreclosed real estate and other repossessed assets, including write-offs 33,669 25,517
Premises and equipment 570 7
Origination and purchase of loans, excluding loans held-for-sale (1,472,546) (1,101,167)
Principal repayment of loans 1,628,577 1,060,606
Additions to premises and equipment (14,151) (11,512)
Outlays for business acquisitions 0 402
Net cash (used in) provided by investing activities (123,813) 685,279
Net increase (decrease) in:    
Deposits 782,908 915,076
Securities sold under agreements to repurchase 0 (190,063)
FHLB advances, federal funds purchased, and other borrowings (3,330) (12,361)
Exercise of stock options with treasury shares 281 465
Redemption of preferred stock (92,000) 0
Purchase of treasury stock (40,161) (2,226)
Dividends paid on preferred stock (1,255) (4,884)
Dividends paid on common stock (14,637) (10,787)
Net cash provided by financing activities 631,806 695,220
Net change in cash, cash equivalents and restricted cash 600,114 1,430,293
Cash, cash equivalents and restricted cash at beginning of period 2,155,577 852,757
Cash, cash equivalents and restricted cash at end of period 2,755,691 2,283,050
Reconciliation of the Consolidated Statements of Cash Flows to the Consolidated Statements of Financial Condition:    
Cash and due from banks 2,745,675 2,267,383
Money market investments 9,837 14,617
Restricted cash 179 1,050
Total cash, cash equivalents, restricted cash and restricted cash equivalents at end of period 2,755,691 2,283,050
Supplemental Cash Flow Disclosure and Schedule of Non-cash Activities:    
Interest paid 28,686 40,385
Income taxes paid 2,467 5,941
Operating lease liabilities paid 8,455 9,747
Mortgage loans held-for-sale securitized into mortgage-backed securities 117,051 46,184
Securities purchased but not yet received 31,565 0
Transfer from loans to foreclosed real estate and other repossessed assets 29,947 14,733
Reclassification of loans held-for-investment portfolio to held-for-sale portfolio 17,993 261
Reclassification of loans held-for-sale portfolio to held-for-investment portfolio 7,053 0
Interest capitalized on loans subject to the temporary payment moratorium 0 35,593
Financed sales of foreclosed real estate 1,121 0
Loans booked under the GNMA buy-back option $ 19,944 $ 62,651