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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating Activities      
Net income $ 226,082 $ 195,249 $ 159,383
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for loan losses 19,010 33,831 69,598
Depreciation, amortization, and accretion, net 56,741 54,952 59,310
Deferred income tax expense 121,904 102,020 90,415
Decrease (increase) in trading account assets 8,766 (7,750) 4,989
Originations of mortgage loans held for sale (790,625) (766,815) (841,542)
Proceeds from sales of mortgage loans held for sale 807,906 761,979 1,008,501
Gain on sales of mortgage loans held for sale, net (14,966) (12,357) (13,649)
Decrease in other assets 7,799 2,258 45,435
Decrease in other liabilities (24,906) (8,990) (11,284)
Investment securities gains, net (2,769) (1,331) (2,945)
Losses and write-downs on other real estate, net 17,619 22,085 25,508
Losses and write-downs on other assets held for sale, net 892 7,643 3,917
Loss on early extinguishment of debt 1,533 0 0
Share-based compensation expense 12,556 10,233 7,465
Gain on sale of Memphis branches, net 0 (5,789) 0
Net cash provided by operating activities 447,542 387,218 605,101
Investing Activities      
Net cash (used) received in dispositions/acquisitions 0 (90,571) 56,328
Net (increase) decrease in interest earning deposits with banks (5,577) 12,515 (883)
Net decrease in federal funds sold and securities purchased under resale agreements 3,291 7,864 32,542
Net (increase) decrease in interest bearing funds with Federal Reserve Bank (108,525) (76,834) 853,862
Proceeds from maturities and principal collections of investment securities available for sale 693,608 568,918 711,134
Proceeds from sales of investment securities available for sale 347,954 20,815 407,718
Purchases of investment securities available for sale (1,634,531) (378,919) (1,434,322)
Proceeds from sales of loans and principal repayments on other loans held for sale 28,762 65,205 160,444
Proceeds from sale of other real estate 47,137 63,768 100,802
Net increase in loans (1,411,050) (1,326,596) (889,026)
Purchases of BOLI policies (45,000) 0 0
Net increase in premises and equipment (28,381) (38,680) (28,470)
Proceeds from sale of other assets held for sale 3,039 5,741 2,285
Net cash used in investing activities (2,109,273) (1,166,774) (27,586)
Financing Activities      
Net increase (decrease) in demand and savings deposits 2,274,949 562,669 (114,738)
Net (decrease) increase in certificates of deposit (565,315) 283,543 (122,343)
Net increase (decrease) in federal funds purchased and securities sold under repurchase agreements 50,109 (21,216) (53,111)
Repayments on long-term debt (823,899) (400,781) (307,571)
Proceeds from issuance of long-term debt 871,644 510,000 617,500
Dividends paid to common shareholders (55,354) (42,805) (36,427)
Stock options exercised 5,643 3,048 1,044
Proceeds from issuance of Series C Preferred Stock, net of issuance costs 0 0 125,862
Redemption of Series A Preferred Stock 0 0 (967,870)
Proceeds from issuance of common stock, net of issuance costs 0 0 175,174
Repurchases and agreements to repurchase shares of common stock (199,221) (88,113) 0
Restricted stock activity (4,984) (692) (3,564)
Net cash provided by (used in) financing activities 1,543,334 795,415 (722,515)
(Decrease) increase in cash and cash equivalents (118,397) 15,859 (145,000)
Cash and cash equivalents at beginning of year 485,489 469,630 614,630
Cash and cash equivalents at end of year 367,092 485,489 469,630
Supplemental Cash Flow Information      
Income tax payments, net 10,514 5,971 2,577
Interest paid 115,795 109,549 121,291
Non-cash Activities:      
Mortgage loans held for sale transferred to loans at fair value 659 334 14,714
Loans foreclosed and transferred to other real estate 26,313 58,556 85,422
Premises and equipment transferred to other assets held for sale at fair value 2,340 16,613 6,254
Securities purchased during the period but settled after period-end 0 25,938 0
Dispositions/Acquisitions:      
Fair value of non-cash assets (sold) acquired 0 (100,982) 536
Fair value of liabilities (sold) assumed 0 (191,553) 56,864
Series C Preferred Stock [Member]      
Financing Activities      
Dividends paid to preferred shareholders (10,238) (10,238) (2,730)
Series A Preferred Stock [Member]      
Financing Activities      
Dividends paid to preferred shareholders $ 0 $ 0 $ (33,741)