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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating Activities    
Net income $ 112,989 $ 109,756
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 16,070 11,034
Depreciation, amortization, and accretion, net 28,506 28,169
Deferred income tax expense 61,283 58,302
Decrease in trading account assets 4,096 1,891
Originations of mortgage loans held for sale (320,304) (454,708)
Proceeds from sales of mortgage loans held for sale 299,186 426,430
Gain on sales of mortgage loans held for sale, net (6,946) (8,988)
Increase in other assets (32,874) (36,398)
Increase (decrease) in other liabilities 13,162 (34,914)
Investment securities gains, net (67) (2,710)
Losses and write-downs on other real estate, net 6,089 11,066
Losses and write-downs on other assets held for sale, net 7,902 0
Loss on early extinguishment of debt 4,735 0
Share-based compensation expense 6,849 6,271
Net cash provided by operating activities 200,676 115,201
Investing Activities    
Net increase in interest earning deposits with banks (7,154) (6,884)
Net (increase) decrease in federal funds sold and securities purchased under resale agreements (7,866) 623
Net increase in interest bearing funds with Federal Reserve Bank (74,519) (567,843)
Proceeds from maturities and principal collections of investment securities available for sale 443,128 314,239
Proceeds from sales of investment securities available for sale 243,609 82,156
Purchases of investment securities available for sale (623,046) (686,074)
Proceeds from sales of loans and principal repayments on other loans held for sale 7,739 21,866
Proceeds from sales of loans and principal repayments on other loans held for sale 16,282 19,348
Net increase in loans (660,778) (445,124)
Net increase in premises and equipment (16,769) (8,805)
Proceeds from sales of other assets held for sale 296 351
Net cash used in investing activities (679,078) (1,276,147)
Financing Activities    
Net increase in demand and savings deposits 595,342 1,039,670
Net increase in certificates of deposit 87,466 77,813
Net increase in federal funds purchased and securities sold under repurchase agreements 70,154 61,369
Repayments on long-term debt (1,455,067) (425,078)
Proceeds from issuance of long-term debt 1,400,000 425,000
Dividends paid to common shareholders (30,015) (26,664)
Dividends paid to preferred shareholders (5,119) (5,119)
Stock options exercised 2,035 3,271
Repurchases of common stock (171,547) (109,570)
Restricted stock activity (4,605) (4,403)
Net cash provided by financing activities 488,644 1,036,289
Increase (decrease) in cash and cash equivalents 10,242 (124,657)
Cash and cash equivalents at beginning of period 367,092 485,489
Cash and cash equivalents at end of period 377,334 360,832
Supplemental Cash Flow Information    
Income tax payments, net 5,849 8,751
Interest paid 64,424 55,747
Non-cash Activities    
Premises and equipment transferred to other assets held for sale 18,677 939
Loans foreclosed and transferred to other real estate 8,631 11,391
Loans transferred to other loans held for sale at fair value 7,314 19,459
Securities purchased during the period but settled after period-end $ 0 $ 47,159