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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 $ 166,239 $ 146,151 $ 74,327
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 683 (10,193) (11,061)
Amortization of fair value premiums on acquired deposits 0 0 (2,607)
Amortization of investment securities premiums, net of accretion of (discounts) (3,628) 3,111 4,971
Amortization of other intangible assets 8,500 9,803 11,069
Net change in operating leases 360 469 455
Depreciation and amortization of premises and equipment 15,812 14,128 12,687
Deferred income tax expense, net 61,126 63,616 27,846
Provision for (recapture of) credit losses 24,119 221 92,672
Stock-based compensation 4,185 6,245 2,170
Bargain purchase from Scotiabank PR & USVI acquisition 0 0 (7,336)
Loss (gain) on:      
Sale of securities 247 (19) (4,728)
Sale of loans (1,202) (7,292) (4,451)
Early extinguishment of debt (42) 1,481 63
Foreclosed real estate and other repossessed assets (12,186) (10,435) 2,250
Sale of other assets (4,962) (571) (6)
Originations and purchases of loans held-for-sale (185,884) (353,685) (236,107)
Proceeds from sale of loans held-for-sale 97,608 220,684 128,018
Net decrease (increase) in:      
Accrued interest receivable (5,825) 9,537 (23,598)
Servicing assets (1,948) (1,678) 3,484
Other assets 35,371 (9,051) (7,184)
Net increase (decrease) in:      
Accrued interest on deposits and borrowings 34 (861) (10,538)
Accrued expenses and other liabilities (34,151) 18,383 (17,436)
Net cash provided by operating activities 164,456 100,044 34,960
Purchases of:      
Investment securities available-for-sale (1,266,569) (29,095) (158,412)
Investment securities held-to-maturity (196,742) (380,322) 0
FHLB stock (122) 0 0
Equity securities (4,550) (7,650) (3,402)
Maturities and redemptions of:      
Investment securities available-for-sale 132,756 102,034 569,658
Investment securities held-to-maturity 29,438 12,445 0
FHLB stock 83 2,312 4,770
Proceeds from sales of:      
Investment securities available-for-sale 242,126 2,174 320,984
Foreclosed real estate and other repossessed assets, including write-offs 48,805 44,966 40,622
Loans held for investment 0 4,846 0
Premises and equipment 4,784 570 52
Other assets 1,060 0 0
Origination and purchase of loans, excluding loans held-for-sale (2,885,018) (2,036,516) (1,493,854)
Principal repayment of loans 2,412,011 2,124,355 1,492,748
Additions to premises and equipment (30,999) (23,053) (15,263)
Outlays for business acquisitions 0 0 (402)
Net cash (used in) provided by investing activities (1,512,937) (182,934) 757,501
Net increase (decrease) in:      
Deposits 6,906 152,699 735,830
Securities sold under agreements to repurchase 0 0 (190,063)
Subordinated capital notes (34,958) 0 0
FHLB advances, federal funds purchased, and other borrowings (1,547) (39,174) (12,872)
Exercise of stock options and restricted units lapsed, net (906) 283 583
Purchase of treasury stock (64,110) (49,872) (2,226)
Redemption of preferred stock 0 (92,000) 0
Dividends paid on preferred stock 0 (1,255) (6,512)
Dividends paid on common stock (30,090) (19,718) (14,381)
Net cash (used in) provided by financing activities (124,705) (49,037) 510,359
Net change in cash, cash equivalents and restricted cash (1,473,186) (131,927) 1,302,820
Cash, cash equivalents and restricted cash at beginning of year 2,023,650 2,155,577 852,757
Cash, cash equivalents and restricted cash at end of year 550,464 2,023,650 2,155,577
Reconciliation of the Consolidated Statements of Cash Flows to the Consolidated Statements of Financial Condition:      
Cash and due from banks 546,146 2,014,523 2,142,294
Money market investments 4,161 8,952 11,908
Restricted cash 157 175 1,375
Total cash, cash equivalents, restricted cash and restricted cash equivalents at end of year 550,464 2,023,650 2,155,577
Supplemental Cash Flow Disclosure and Schedule of Non-cash Activities:      
Interest paid 26,959 35,338 56,442
Income taxes paid 5,126 2,794 6,255
Operating lease liabilities paid 10,107 10,948 12,778
Mortgage loans held-for-sale securitized into mortgage-backed securities 126,082 149,080 90,174
Transfer from loans to foreclosed real estate and other repossessed assets 37,233 39,547 23,332
Reclassification of loans held-for-investment portfolio to held-for-sale portfolio 17,476 54,983 2,542
Reclassification of loans held-for-sale portfolio to held-for-investment portfolio 22,723 7,053 0
Financed sales of foreclosed real estate 1,767 1,444 284
Interest on loans subject to the temporary payment moratorium 0 0 35,593
Delinquent loans booked under the GNMA buy-back option 32,590 14,511 56,193
Conversion of debt security to equity security $ 1,500 $ 0 $ 0