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Consolidated Statements of Cash Flow - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 222,539 $ 147,658 $ 98,291
Adjustments to reconcile net income to net cash provided by operating activities:      
Deferred income tax expense 99,966 80,027 8,045
Amortization of investment premiums, net 23,544 20,822 32,663
Gain on sale of investment securities, net (2,922) (2,904) (209)
Gain on sale of other real estate owned (888) (127) (912)
Valuation adjustment on other real estate owned 2,782 3,728 2,160
Provision for loan and lease losses 36,589 40,241 10,716
Change in cash surrender value of bank owned life insurance (8,501) (9,713) (4,280)
Change in FDIC indemnification asset 853 15,151 25,549
Depreciation, amortization and accretion 51,593 39,209 23,636
Loss on sale of premises and equipment 3,655 1,482 639
Increase in residential mortgage servicing rights (35,284) (23,311) (17,963)
Change in residential mortgage servicing rights carried at fair value 20,726 16,587 (2,374)
Change in junior subordinated debentures carried at fair value 6,163 5,849 2,193
Stock-based compensation 14,383 15,292 5,017
Net decrease (increase) in trading account assets 413 452 (2,211)
Gain on sale of loans (150,855) (93,294) (65,644)
Change in loans held for sale carried at fair value 696 (9,688) 14,503
Origination of loans held for sale (3,497,920) (2,146,829) (1,599,683)
Proceeds from sales of loans held for sale 3,549,226 2,267,471 1,863,548
Excess tax benefits from the exercise of stock options (556) (1,626) (65)
Change in other assets and liabilities:      
Net decrease (increase) in other assets 25,248 (45,913) 31,902
Net increase (decrease) in other liabilities 15,290 38,632 (7,589)
Net cash provided by operating activities 376,740 359,196 417,932
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of investment securities available for sale (1,074,205) (363,064) (51,191)
Purchases of investment securities held to maturity 0 0 (2,126)
Proceeds from investment securities available for sale 805,640 1,238,676 803,866
Proceeds from investment securities held to maturity 598 741 1,353
Redemption of restricted equity securities 72,442 5,615 2,758
Net change in loans and leases (1,816,164) (943,075) (391,185)
Proceeds from sales of loans 288,805 356,464 63,042
Proceeds from insurance settlement on loss of property 0 0 575
Net change in premises and equipment (69,341) (59,514) (34,224)
Proceeds from bank owned life insurance death benefit 5,351 3,723 1,173
Proceeds from redemption of bank owned life insurance cash surrender value 6,476 0 0
Net change in proceeds from FDIC indemnification asset 684 (2,667) 5,332
Proceeds from sales of other real estate owned 22,803 15,931 26,522
Net cash paid in divestiture 0 (127,557) 0
Net cash acquired (paid) in acquisition, net of consideration paid 0 116,867 (149,658)
Net cash used by investing activities (1,756,911) 242,140 276,237
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net increase (decrease) in deposit liabilities 820,210 905,396 (261,184)
Net (decrease) increase in securities sold under agreements to repurchase (8,761) (496,307) 87,807
Proceeds from term debt borrowings 150,000 0 0
Repayment of term debt borrowings (264,998) (97,003) (211,727)
Repayment of junior subordinated debentures 0 0 (8,764)
Dividends paid on common stock (134,618) (99,233) (50,768)
Excess tax benefits from stock based compensation 556 1,626 65
Proceeds from exercise of stock options 925 6,116 6,398
Repurchases and retirement of common stock (14,589) (7,183) (9,360)
Net cash provided (used) by financing activities 548,725 213,412 (447,533)
Net (decrease) increase in cash and cash equivalents (831,446) 814,748 246,636
Cash and cash equivalents, beginning of year 1,605,171 790,423 543,787
Cash and cash equivalents, end of year 773,725 1,605,171 790,423
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:      
Interest 67,884 55,235 40,826
Income taxes 13,263 7,098 41,993
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES:      
Change in unrealized losses on investment securities available for sale, net of taxes (14,626) 16,987 (29,378)
Change in unrealized losses on investment securities held to maturity related to factors other than credit, net of taxes 0 57 56
Cash dividend declared on common stock and payable after period-end 35,281 33,109 16,936
Transfer of loans to other real estate owned 9,062 24,873 24,193
Transfer from FDIC indemnification asset to due from FDIC and other 2,709 3,606 4,075
Assets acquired 0 9,877,572 376,071
Liabilities assumed $ 0 $ 8,767,025 $ 219,961