XML 25 R6.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities    
Net income $ 362,174 $ 447,249
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for credit losses 10,000 (25,000)
Depreciation and amortization of premises and equipment 56,739 57,116
Amortization of capitalized servicing rights 25,316 19,951
Amortization of core deposit and other intangible assets 1,256 2,738
Provision for deferred income taxes 4,151 39,329
Asset write-downs 252 1,217
Net gain on sales of assets (4,768) (2,106)
Net change in accrued interest receivable, payable 15,748 (36,893)
Net change in other accrued income and expense (99,163) (27,301)
Net change in loans originated for sale 434,520 158,878
Net change in trading account assets and liabilities 489,545 359,559
Net cash provided by operating activities 1,295,770 994,737
Cash flows from investing activities    
Proceeds from sales of investment securities equity and other 4,593 2,526
Proceeds from maturities of investment securities Available for sale 220,320 422,171
Proceeds from maturities of investment securities Held to maturity 120,032 171,644
Purchases of investment securities Available for sale (2,156,662) (1,002)
Purchases of investment securities Held to maturity (566,119) (201,234)
Purchases of investment securities equity and other (10,966) (8,801)
Net (increase) decrease in loans and leases 637,624 (988,654)
Net (increase) decrease in interest-bearing deposits at banks 5,846,922 (7,743,417)
Capital expenditures, net (27,910) (31,016)
Net (increase) decrease in loan servicing advances 342,947 (374,614)
Other, net (215,201) (179,350)
Net cash provided (used) by investing activities 4,195,580 (8,931,747)
Cash flows from financing activities    
Net increase (decrease) in deposits (5,224,696) 8,670,627
Net increase (decrease) in short-term borrowings 3,261 (525)
Payments on long-term borrowings (49) (852,945)
Dividends paid — common (156,657) (142,044)
Dividends paid — preferred (30,718) (21,288)
Other, net (8,608) (9,569)
Net cash provided (used) by financing activities (5,417,467) 7,644,256
Net increase (decrease) in cash, cash equivalents and restricted cash 73,883 (292,754)
Cash, cash equivalents and restricted cash at beginning of period 1,337,577 1,552,743
Cash, cash equivalents and restricted cash at end of period 1,411,460 1,259,989
Supplemental disclosure of cash flow information    
Interest received during the period 978,682 971,142
Interest paid during the period 40,683 55,378
Income taxes paid during the period 33,638 24,220
Supplemental schedule of noncash investing and financing activities    
Real estate acquired in settlement of loans 4,598 2,301
Additions to right-of-use assets under operating leases $ 16,468 $ 13,020