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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities      
Net income $ 306,926 $ 315,628 $ 278,784
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Provision for credit losses 65,282 46,768 68,443
Share-based compensation expense 28,351 17,824 14,743
Depreciation and amortization 308,638 204,778 191,824
Impairment of goodwill and other intangible assets 0 0 73,409
Provision (benefit) for deferred income taxes 30,410 58,986 (53,729)
Net gains on sales of assets (66,298) (39,881) (51,965)
Proceeds from sales of loans and leases held-for-sale 966,352 372,354 280,640
Originations of loans and leases held-for-sale, net of repayments (835,047) (375,622) (430,121)
Impairment of loan servicing rights 3,882 0 0
Net change in other assets (263,351) (35,154) (108,700)
Net change in other liabilities 162,533 39,898 17,826
Other, net (65,921) (41,949) (36,196)
Net cash provided by (used in) operating activities 641,757 563,630 244,958
Cash flows from investing activities      
Proceeds from sales of investment securities available-for-sale 1,986,386 254,146 0
Proceeds from maturities of and principal collected on investment securities available-for-sale 735,861 169,622 116,358
Purchases of investment securities available-for-sale (2,806,598) (1,230,430) (353,557)
Proceeds from maturities of and principal collected on investment securities held-to-maturity 17,632 15,407 21,186
Purchases of investment securities held-to-maturity (6,844) (2,188) (1,051)
Redemption of Federal Home Loan Bank stock 256,021 269,002 246,002
Purchases of Federal Home Loan Bank stock (370,000) (278,000) (254,000)
Proceeds from sales of loans and leases 1,985,093 903,606 1,618,791
Loan and lease originations and purchases, net of principal collected (2,037,489) (957,672) (2,726,967)
Proceeds from sales of other assets 113,771 88,942 63,875
Proceeds from sales of other assets (154,540) (155,664) (168,272)
Net cash acquired (paid) in business combinations 975,014 0  
Net cash acquired (paid) in business combinations     (8,120)
Other, net (27,431) 20,935 26,103
Net cash provided by (used in) investing activities 666,876 (902,294) (1,419,652)
Cash flows from financing activities      
Net change in deposits (901,522) 549,157 1,094,612
Net change in short-term borrowings 45,584 160 (4,747)
Proceeds from long-term borrowings 5,957,492 9,380,950 9,990,967
Payments on long-term borrowings (5,499,669) (9,182,536) (9,816,286)
Payments on liabilities related to acquisition and portfolio purchase (1,000) (2,000) (3,000)
Redemption of Series B preferred stock 0 (100,000) 0
Net proceeds from public offering of Series C preferred stock 0 0 169,302
Proceeds preferred stock 0 0 (172,500)
Repurchases of common stock (86,309) (212,929) (9,163)
Common shares sold to TCF employee benefit plans 0 715 23,254
Dividends paid on preferred stock (9,975) (11,588) (19,904)
Dividends paid on common stock (156,060) (99,490) (50,617)
Exercise of stock options 29 (997) (57)
Payments related to tax-withholding upon conversion of share-based awards (6,198) (6,865) (5,506)
Net investment by (distribution to) non-controlling interest (9,691) (10,638) (9,482)
Net cash provided by (used in) financing activities (667,319) 303,939 1,186,873
Net change in cash and due from banks 641,314 (34,725) 12,179
Cash and cash equivalents at beginning of period 587,057 621,782 609,603
Cash and cash equivalents at end of period 1,228,371 587,057 621,782
Cash paid (received) for:      
Interest on deposits and borrowings 269,474 139,026 86,411
Income taxes, net 12,177 (26,308) 62,115
Noncash activities:      
Transfer of loans and leases to other assets 88,716 105,247 100,608
Transfer of loans and leases from held for investment to held for sale, net $ 2,184,134 $ 848,941 $ 1,320,210