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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities:    
Net income $ 27,188 $ 161,780
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision (credit) for loan and lease losses (1,043) (9,977)
Depreciation and amortization 4,372 4,528
Write down of other real estate, net of gain on sale 529 (7,989)
Amortization of other intangible assets 3,886 5,994
Net amortization of investment securities 6,111 10,766
Share-based compensation 2,100 3,168
Net gain on investment securities (240)  
Net gain on sales of residential loans (4,151) (8,492)
Proceeds from sales of loans held for sale 279,641 545,199
Originations of loans held for sale (268,472) (510,861)
Equity in earnings of unconsolidated subsidiaries (422) (733)
Increase in cash surrender value of bank-owned life insurance (2,402) (1,492)
Deferred income taxes 14,701 (115,683)
Premium paid on repurchases of preferred stock of subsidiaries   1,895
Net change in other assets and liabilities 702 (8,425)
Net cash provided by operating activities 62,500 69,678
Cash flows from investing activities:    
Proceeds from maturities of and calls on investment securities available for sale 104,784 387,409
Proceeds from sales of investment securities available for sale 162,470  
Purchases of investment securities available for sale (18,993) (501,502)
Proceeds from maturities of and calls on investment securities held to maturity 12,046 9,980
Purchases of investment securities held to maturity (2,443) (4,595)
Net loan originations (183,197) (258,612)
Purchase of loan portfolio (62,648) (37,104)
Proceeds from sales of loans originated for investment   10,679
Proceeds from sale of other real estate 2,790 16,375
Proceeds from bank-owned life insurance 481  
Purchases of premises and equipment (4,425) (3,920)
Distributions from unconsolidated subsidiaries 470 553
Contributions to unconsolidated subsidiaries 466 (9,050)
Proceeds from redemption of FHLB stock 1,736 1,302
Net cash provided by (used in) investing activities 13,537 (388,485)
Cash flows from financing activities:    
Net increase in deposits 111,923 225,492
Repayments of long-term debt (14) (13)
Net increase (decrease) in short-term borrowings (8,015) 28,000
Cash dividends paid on common stock (9,841) (3,367)
Repurchases of common stock and other related costs (129,391)  
Repurchases of preferred stock of subsidiaries   (11,781)
Net proceeds from issuance of common stock and stock option exercises 74  
Net cash provided by (used in) financing activities (35,264) 238,331
Net increase (decrease) in cash and cash equivalents 40,773 (80,476)
Cash and cash equivalents at beginning of period 49,348 177,375
Cash and cash equivalents at end of period 90,121 96,899
Cash paid during the period for:    
Interest 4,796 17,436
Income taxes   5
Cash received during the period for:    
Income taxes 79  
Supplemental disclosure of noncash investing and financing activities:    
Net change in common stock held by directors' deferred compensation plan 11 39
Net reclassification of loans to other real estate 1,752 3,461
Net transfer of investment securities available for sale to held to maturity   $ 101,669