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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities    
Net Income (Loss) $ 1,568,658 $ 579,696
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for credit losses 270,000 312,000
Depreciation and amortization of premises and equipment 148,806 134,949
Amortization of capitalized servicing rights 57,442 50,998
Amortization of core deposit and other intangible assets 32,153 19,640
Provision for deferred income taxes (6,687) (77,346)
Asset write-downs 1,337 3,469
Net gain on sales of assets (234,388) (10,856)
Net change in accrued interest receivable, payable 259,115 10,834
Net change in other accrued income and expense (72,168) (32,412)
Net change in loans originated for sale (339,702) 571,879
Net change in trading account and other non-hedging derivative assets and liabilities 521 920,288
Net cash provided by operating activities 1,685,087 2,483,139
Cash flows from investing activities    
Proceeds from sales of investment securities equity and other 614,355 26,286
Proceeds from maturities of investment securities Available for sale 298,136 467,788
Proceeds from maturities of investment securities Held to maturity 570,742 572,192
Purchases of investment securities Available for sale (343,946) (4,588,013)
Purchases of investment securities Held to maturity (2,947,627) (796,312)
Purchases of investment securities equity and other (872,516) (26,505)
Net increase in loans and leases (1,645,467) (265,684)
Net (increase) decrease in interest-bearing deposits at banks (2,148,180) 17,628,196
Capital expenditures, net (101,379) (87,742)
Net decrease in loan servicing advances 285,706 1,039,029
Acquisition, net of cash consideration, Bank and bank holding company   393,923
Other, net (359,299) (324,594)
Net cash provided (used) by investing activities (6,649,475) 14,038,564
Cash flows from financing activities    
Net decrease in deposits (1,454,879) (14,151,849)
Net increase (decrease) in short-term borrowings 4,352,933 (72,595)
Proceeds from long-term borrowings 3,485,675  
Payments on long-term borrowings (194) (900,096)
Purchases of treasury stock (594,000) (600,000)
Dividends paid — common (436,369) (369,822)
Dividends paid — preferred (49,881) (47,046)
Other, net (10,755) (29,598)
Net cash provided (used) by financing activities 5,292,530 (16,171,006)
Net increase in cash, cash equivalents and restricted cash 328,142 350,697
Cash, cash equivalents and restricted cash at beginning of period 1,520,244 1,337,577
Cash, cash equivalents and restricted cash at end of period 1,848,386 1,688,274
Supplemental disclosure of cash flow information    
Interest received during the period 4,813,949 2,416,362
Interest paid during the period 922,988 86,713
Income taxes paid during the period 329,200 231,687
Supplemental schedule of noncash investing and financing activities    
Real estate acquired in settlement of loans 11,612 8,800
Additions to right-of-use assets under operating leases $ 68,672 31,013
Acquisition of bank and bank holding company, Common stock issued   8,286,515
Acquisition of bank and bank holding company, Common stock awards converted   104,810
Fair value of Assets acquired (noncash)   63,757,316
Fair value of Liabilities assumed   55,499,314
Fair value of Preferred stock converted   $ 260,600