Condensed Financial Information Of Parent Company (Notes)

12 Months Ended

Dec. 31, 2014

Condensed Financial Information Of Parent Company [Abstract]

Condensed Financial Information of Parent Company Only Disclosure

CONDENSED FINANCIAL INFORMATION OF PARENT COMPANY

The following tables present the parent company only condensed balance sheets and the related condensed statements of earnings and condensed statements of cash flows as of and for the years indicated:

Parent Company Only	December 31,
Condensed Balance Sheets	2014		2013
	(In thousands)
Assets:
Cash and due from banks	$	309,220	$	21,835
Investments in subsidiaries	3,119,642		911,200
Other assets	212,157		10,341
Total assets	$	3,641,019	$	943,376
Liabilities:
Subordinated debentures	$	133,232	$	132,645
Other liabilities	1,362		1,638
Total liabilities	134,594		134,283
Stockholders’ equity	3,506,425		809,093
Total liabilities and stockholders’ equity	$	3,641,019	$	943,376

Parent Company Only	December 31,
Condensed Statement of Earnings	2014		2013			2012
	(In thousands)
Miscellaneous income	$	122	$	104		$	114
Acquisition‑related securities gain	—		5,222			—
Debt termination income	—		—			1,597
Dividends from Bank subsidiary	137,000		48,000			50,000
Total income	137,122		53,326			51,711
Interest expense	4,211		3,796			3,721
Operating expenses	8,105		6,061			5,576
Total expenses	12,316		9,857			9,297
Earnings before income taxes and equity in undistributed earnings of subsidiaries	124,806		43,469			42,414
Income tax benefit	5,164		4,038			3,174
Earnings before equity in undistributed earnings of subsidiaries	129,970		47,507			45,588
Equity in undistributed earnings of subsidiaries	38,935		(2,392		)	11,213
Net earnings	$	168,905	$	45,115		$	56,801

Parent Company Only	December 31,
Condensed Statements of Cash Flows	2014			2013			2012
	(In thousands)
Cash flows from operating activities:
Net earnings	$	168,905		$	45,115		$	56,801
Adjustments to reconcile net earnings to net cash provided by operating activities:
Acquisition‑related securities gain	—			(5,222		)	—
Change in other assets	39,874			(609		)	711
Change in liabilities	310			4,932			(4,122		)
Tax effect in stockholders’ equity of restricted stock vesting	4,625			(364		)	(102		)
Earned stock compensation	41,099			441			715
Equity in undistributed (earnings) losses of subsidiaries	(38,935		)	2,392			(11,213		)
Net cash provided by operating activities	215,878			46,685			42,790
Cash flows from investing activities:
Net cash and cash equivalents acquired in acquisition	226,960			857			—
Purchases of securities available‑for‑sale	—			—			(1,500		)
Net cash provided by (used in) investing activities	226,960			857			(1,500		)
Cash flows from financing activities:
Redemptions of subordinated debentures	—			—			(18,558		)
Tax effect in stockholders’ equity of restricted stock vesting	(4,625		)	364			102
Restricted stock surrendered	(22,307		)	(13,537		)	(1,475		)
Cash dividends paid, net	(114,162		)	(41,006		)	(28,787		)
Net cash used in financing activities	(141,094		)	(54,179		)	(48,718		)
Net increase (decrease) in cash and cash equivalents	301,744			(6,637		)	(7,428		)
Cash and cash equivalents, beginning of year	21,835			28,472			35,900
Cash and cash equivalents, end of year	$	323,579		$	21,835		$	28,472
Supplemental disclosure of noncash investing and financing activities:
Common stock issued for acquisitions	$	2,594,070		$	242,268		$	—