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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities    
Net income $ 905,318 $ 509,876
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for credit losses (40,000) 575,000
Depreciation and amortization of premises and equipment 113,459 108,748
Amortization of capitalized servicing rights 40,147 37,971
Amortization of core deposit and other intangible assets 5,475 7,826
Provision for deferred income taxes 55,153 (90,093)
Asset write-downs 3,243 15,626
Net gain on sales of assets (12,845) (5,808)
Net change in accrued interest receivable, payable (1,048) (48,790)
Net change in other accrued income and expense (50,200) 6,403
Net change in loans originated for sale 172,617 (220,368)
Net change in trading account assets and liabilities 340,392 (765,314)
Net cash provided by operating activities 1,531,711 131,077
Cash flows from investing activities    
Proceeds from sales of investment securities equity and other 5,268 54,232
Proceeds from maturities of investment securities Available for sale 811,795 662,253
Proceeds from maturities of investment securities Held to maturity 335,976 502,093
Purchases of investment securities Available for sale (2,137) (4,052)
Purchases of investment securities Held to maturity (305,633) (8,995)
Purchases of investment securities equity and other (19,299) (20,575)
Net (increase) decrease in loans and leases 1,172,249 (6,713,727)
Net increase in interest-bearing deposits at banks (10,201,014) (13,698,187)
Capital expenditures, net (44,459) (93,651)
Net (increase) decrease in loan servicing advances (417,629) 178,984
Other, net (317,489) 197,377
Net cash used by investing activities (8,982,372) (18,944,248)
Cash flows from financing activities    
Net increase in deposits 8,463,034 20,199,033
Net increase (decrease) in short-term borrowings 31,753 (10,065)
Payments on long-term borrowings (852,992) (754,425)
Purchases of treasury stock   (373,750)
Dividends paid — common (283,791) (284,690)
Dividends paid — preferred (34,100) (34,156)
Other, net (15,518) (10,266)
Net cash provided by financing activities 7,308,386 18,731,681
Net decrease in cash, cash equivalents and restricted cash (142,275) (81,490)
Cash, cash equivalents and restricted cash at beginning of period 1,552,743 1,436,305
Cash, cash equivalents and restricted cash at end of period 1,410,468 1,354,815
Supplemental disclosure of cash flow information    
Interest received during the period 1,976,059 2,156,881
Interest paid during the period 79,841 223,874
Income taxes paid during the period 204,259 61,759
Supplemental schedule of noncash investing and financing activities    
Real estate acquired in settlement of loans 3,968 17,885
Additions to right-of-use assets under operating leases $ 18,182 $ 30,585