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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities    
Net income $ 1,400,778 $ 882,012
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for credit losses (60,000) 725,000
Depreciation and amortization of premises and equipment 169,232 164,323
Amortization of capitalized servicing rights 66,000 63,992
Amortization of core deposit and other intangible assets 8,213 11,740
Provision for deferred income taxes 70,190 (119,913)
Asset write-downs 5,046 17,692
Net gain on sales of assets (15,260) (14,736)
Net change in accrued interest receivable, payable 20,395 (135,825)
Net change in other accrued income and expense 50,804 (344,085)
Net change in loans originated for sale (117,139) (422,773)
Net change in trading account assets and liabilities 419,772 (702,362)
Net cash provided by operating activities 2,018,031 125,065
Cash flows from investing activities    
Proceeds from sales of investment securities equity and other 8,937 55,499
Proceeds from maturities of investment securities Available for sale 1,139,203 1,149,281
Proceeds from maturities of investment securities Held to maturity 476,352 719,379
Purchases of investment securities Available for sale (5,389) (5,860)
Purchases of investment securities Held to maturity (1,087,656) (8,995)
Purchases of investment securities equity and other (27,270) (26,955)
Net (increase) decrease in loans and leases 4,977,272 (7,227,304)
Net increase in interest-bearing deposits at banks (14,781,978) (13,007,783)
Capital expenditures, net (87,165) (125,370)
Net (increase) decrease in loan servicing advances (402,175) 149,838
Other, net (388,305) 351,278
Net cash used by investing activities (10,178,174) (17,976,992)
Cash flows from financing activities    
Net increase in deposits 8,895,558 20,394,732
Net increase (decrease) in short-term borrowings 44,066 (16,240)
Proceeds from long-term borrowings 9,500  
Payments on long-term borrowings (853,041) (1,605,041)
Purchases of treasury stock   (373,750)
Dividends paid — common (425,541) (426,204)
Dividends paid — preferred (55,388) (55,444)
Proceeds from issuance of Series I preferred stock 495,000  
Other, net (23,042) (13,199)
Net cash provided by financing activities 8,087,112 17,904,854
Net increase (decrease) in cash, cash equivalents and restricted cash (73,031) 52,927
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 1,479,712 1,489,232
Supplemental disclosure of cash flow information    
Interest received during the period 2,976,574 3,121,917
Interest paid during the period 116,402 319,079
Income taxes paid during the period 278,783 254,471
Supplemental schedule of noncash investing and financing activities    
Real estate acquired in settlement of loans 6,822 20,047
Loans held for sale transferred to loans held for investment 330,188  
Additions to right-of-use assets under operating leases $ 34,404 $ 45,888