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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 102,815 $ 101,856
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of investment premiums, net 14,717 10,114
Gain on sale of investment securities, net (33) (858)
Gain on sale of other real estate owned, net (482) (1,530)
Valuation adjustment on other real estate owned 107 1,462
Provision for loan and lease losses 22,329 15,412
Change in cash surrender value of bank owned life insurance (4,221) (4,366)
Depreciation, amortization and accretion 29,357 30,059
Loss on sale of premises and equipment 1,004 4,211
Additions to residential mortgage servicing rights carried at fair value (14,860) (14,843)
Change in fair value of residential mortgage servicing rights carried at fair value 16,001 34,565
Change in junior subordinated debentures carried at fair value 3,214 3,203
Stock-based compensation 4,275 5,245
Net increase in trading account assets (503) (602)
Gain on sale of loans (61,113) (80,169)
Change in loans held for sale carried at fair value (7,074) (13,809)
Origination of loans held for sale (1,672,915) (1,810,425)
Proceeds from sales of loans held for sale 1,672,006 1,972,727
Goodwill impairment 0 142
Change in other assets and liabilities:    
Net decrease (increase) in other assets 9,008 (16,958)
Net (decrease) increase in other liabilities (29,849) 57,836
Net cash provided by operating activities 83,783 293,272
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of investment securities available for sale (725,498) (247,620)
Proceeds from investment securities available for sale 297,427 319,919
Proceeds from investment securities held to maturity 254 282
Purchases of restricted equity securities (236,571) (600)
Redemption of restricted equity securities 236,588 7
Net change in loans and leases (922,699) (1,084,966)
Proceeds from sales of loans 98,632 311,669
Net change in premises and equipment (11,144) (15,572)
Proceeds from bank owned life insurance death benefits 0 814
Proceeds from sales of other real estate owned 4,937 10,228
Net cash used in investing activities (1,258,074) (705,839)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in deposit liabilities 439,569 552,670
Net (decrease) increase in securities sold under agreements to repurchase (22,759) 55,674
Proceeds from term debt borrowings 100,000 285,000
Repayment of term debt borrowings (100,000) (270,015)
Dividends paid on common stock (70,507) (70,528)
Proceeds from stock options exercised 463 778
Repurchase and retirement of common stock (5,943) (9,374)
Net cash provided by financing activities 340,823 544,205
Net (decrease) increase in cash and cash equivalents (833,468) 131,638
Cash and cash equivalents, beginning of period 1,449,432 773,725
Cash and cash equivalents, end of period 615,964 905,363
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Interest 37,324 35,820
Income taxes 19,392 12,851
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES:    
Change in unrealized gains on investment securities available for sale, net of taxes 11,292 25,218
Cash dividend declared on common stock and payable after period-end 35,241 35,296
Transfer of loans to loans held for sale 0 265,741
Change in GNMA mortgage loans recognized due to repurchase option 5,422 (7,881)
Transfer of loans to other real estate owned 2,628 4,546
Transfers from other real estate owned to loans due to internal financing $ 0 $ 256