XML 18 R8.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
OPERATING ACTIVITIES:    
Net income $ 224,917 $ 204,480
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 32,590 25,918
Provision for depreciation and amortization 29,521 30,997
Amortization of investment security premiums, net 28,173 23,357
Investment securities gains (losses), net [1] 2,158 3,704
Net gains on sales of loans held for sale (6,200) (4,924)
Origination of loans held for sale (162,552) (115,768)
Proceeds from sales and repayments of held for sale 164,588 117,746
Net (increase) decrease in trading securities, excluding unsettled transactions 7,234 77,262
Stock-based compensation 9,149 8,901
(Increase) decrease in interest receivable (3,757) (331)
Increase (decrease) in interest payable (223) 269
Increase (decrease) in income taxes payable 201 1,787
Other changes, net 8,511 (24,602)
Net cash provided by (used in) operating activities 334,310 348,796
INVESTING ACTIVITIES:    
Proceeds from sales of investment securities [1] 369,036 7,946
Proceeds from maturities/pay downs of investment securities [1] 1,384,993 1,659,778
Purchases of investment securities [1] (1,072,782) (1,080,003)
Net (increase) decrease in loans (364,765) (817,886)
Payments for Securities Purchased under Agreements to Resell (75,000) 0
Repayments of long-term securities purchased under agreements to resell 100,000 150,000
Purchases of land, buildings and equipment (22,853) (18,479)
Sales of land, buildings and equipment 2,570 5,831
Net cash provided by (used in) investing activities 321,199 (92,813)
FINANCING ACTIVITIES:    
Net increase (decrease) in non-interest bearing, savings, interest checking and money market deposits (12,490) 280,495
Net increase (decrease) in time open and C.D.'s (424,462) 14,510
Net increase (decrease) in federal funds purchased and short-term securities sold under agreements to repurchase (314,921) (473,661)
Repayment of long-term borrowings (218) (3,872)
Additional long-term borrowings 0 1,469
Proceeds from Short-term Debt 722 0
Purchases of treasury stock (11,320) (38,476)
Issuance of stock under equity compensation plans (7) (3)
Cash dividends paid on common stock (68,722) (65,294)
Cash dividends paid on preferred stock (6,750) (6,750)
Net cash provided by (used in) financing activities (838,168) (291,582)
Increase (decrease) in cash and cash equivalents (182,659) (35,599)
Cash and cash equivalents at beginning of year 782,435 502,719
Cash and cash equivalents at end of period 599,776 467,120
Supplemental Cash Flow Information:    
Income tax payments, net 87,449 88,531
Interest paid on deposits and borrowings 32,387 24,438
Loans transferred to foreclosed real estate 1,166 1,031
Transfer of loans held for investment to held for sale $ 0 $ 42,688
[1] Available for sale and non-marketable securities