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Consolidated Statements Of Cash Flow - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Activities      
Net income/(loss) $ 238,511 $ 97,313 $ 234,046
Adjustments to reconcile net income/(loss) to net cash provided/(used) by operating activities:      
Provision for loan losses 11,000 9,000 27,000
Provision/(benefit) for deferred income taxes 79,604 24,196 3,729
Depreciation and amortization of premises and equipment 32,387 35,780 35,715
Amortization of intangible assets [1] 5,198 5,253 4,170
Net other amortization and accretion 27,088 19,710 17,009
Net (increase)/decrease in derivatives 1,886 (6,617) 170
Fair value adjustment on mortgage servicing rights 0 0 (1,248)
Repurchase and foreclosure provision/(provision credit) (31,400) 0 (4,300)
Losses and write-downs on other real estate, net 8 1,258 2,160
Litigation and regulatory matters 13,400 15,118 56,187
Stock-based compensation expense 17,536 13,796 11,351
(Tax benefit)/benefit reversal stock-based compensation expense (1,613) (356) 7,220
Equity securities (gains)/losses, net 144 458 (2,872)
Debt securities (gains)/losses, net (1,485) (1,836) 0
Gain on extinguishment of debt 0 (5,793) 4,166
Loss on deconsolidation of securitization trusts 0 0 1,960
Net (gains)/losses on sale/disposal of fixed assets 3,447 454 1,906
Proceeds from sale of mortgage servicing rights 0 0 70,204
Loans held-for-sale:      
Purchases and originations (165,887) (9,731) (23,960)
Gross proceeds from settlements and sales 181,136 25,587 300,984
(Gain)/loss due to fair value adjustments and other (155) (913) (48,157)
Qualified pension plan contribution (165,000) 0 0
Net (increase)/decrease in:      
Trading securities (18,050) 311,210 (392,806)
Fixed income receivables 6,249 (21,172) 2,767
Interest receivable 1,627 4,804 1,911
Other assets (7,191) (78,824) 294,139
Net increase/(decrease) in:      
Trading liabilities (4,171) (28,295) 225,966
Fixed income payables (2,070) 4,915 (3,016)
Interest payable (4,535) (9,124) 169
Other liabilities (36,546) (39,153) (121,862)
Total adjustments (57,393) 269,725 470,662
Net cash provided/(used) by operating activities 181,118 367,038 704,708
Available-for-sale securities:      
Sales 444,222 69,650 7,829
Maturities 736,956 664,335 627,487
Purchases (1,239,912) (1,066,194) (751,365)
Held-to-maturity securities:      
Purchases 0 (10,000) 0
Premises and equipment:      
Sales 11,396 41,143 3,507
Purchases (62,554) (39,947) (31,404)
Proceeds from sale of other real estate 27,135 23,253 53,046
Net (increase)/decrease in:      
Loans (1,931,026) [2] (1,216,419) (917,848)
Interests retained from securitizations classified as trading securities 2,429 1,731 1,692
Interest-bearing cash (457,198) 1,019,131 (891,670)
Cash received/(paid) for business combination, net 0 (5,087) 413,352
Net cash provided/(used) by investing activities (2,468,552) (518,404) (1,485,374)
Common stock:      
Stock options exercised 22,479 7,219 1,864
Cash dividends paid (63,504) (53,947) (47,366)
Repurchase of shares [3] (97,396) (32,648) (43,579)
Tax benefit/(benefit reversal) stock-based compensation expense 1,613 356 (7,220)
Cash dividends paid - preferred stock - noncontrolling interest (11,434) (11,559) (11,465)
Cash dividends paid - Series A preferred stock (6,200) (6,200) (6,200)
Term borrowings:      
Issuance 100 495,555 396,393
Payments/maturities (267,527) (1,026,708) (23,572)
Increases in restricted and secured term borrowings 0 0 2,310
Net cash paid to deconsolidate/collapse securitization trusts 0 0 (225,151)
Net increase/(decrease) in:      
Deposits 2,705,757 1,555,280 898,232
Short-term borrowings 10,277 (816,324) 89,916
Net cash provided/(used) by financing activities 2,294,165 111,024 1,024,162
Net increase/(decrease) in cash and cash equivalents 6,731 (40,342) 243,496
Cash and cash equivalents at beginning of period 1,031,063 1,071,405 827,909
Cash and cash equivalents at end of period 1,037,794 1,031,063 1,071,405
Supplemental Disclosures      
Total interest paid 92,456 90,722 81,151
Total taxes paid 11,609 14,990 77,779
Total taxes refunded 3,950 33,909 3,947
Transfer from loans to other real estate owned $ 10,317 $ 16,728 $ 23,566
[1]

Represents customer lists, acquired contracts, core deposit intangibles, and covenants not to compete

[2]

2016 includes $ 537.4 million UPB of loans acquired from GE Capital.

[3]

2016 , 2015 and 2014 include $ 93 . 5 million , $ 28.4 million and $ 38.5 million, respectively, repurchased under share repurchase programs.