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Consolidated Condensed Statements of Cash Flows (USD $)
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating Activities    
Net income/(loss) $ 180,159,000 $ (12,821,000)
Adjustments to reconcile net income/(loss) to net cash provided/(used) by operating activities:    
Provision for loan losses 21,000,000 40,000,000
Provision/(benefit) for deferred income taxes 1,557,000 (26,779,000)
Depreciation and amortization of premises and equipment 26,791,000 26,507,000
Amortization of intangible assets 2,945,000 2,784,000
Net other amortization and accretion 12,586,000 26,387,000
Net (increase)/decrease in derivatives 2,887,000 (7,858,000)
Fair value adjustment to mortgage servicing rights (1,265,000) (20,267,000)
Repurchase And Foreclosure Provision (4,300,000) 200,000,000
Fair value adjustment on foreclosed real estate 2,098,000 3,278,000
Litigation and regulatory matters (2,720,000) 6,299,000
(Gains)/losses on divestitures 0 (638,000)
Stock-based compensation expense 8,355,000 12,452,000
Tax benefit reversals stock-based compensation plans 7,773,000 1,509,000
Equity securities (gains)/losses, net (2,872,000) (28,000)
Debt securities (gains)/losses, net 0 451,000
(Gains)/losses on extinguishment of debt 4,350,000 [1] 0
Loss on deconsolidation of debt 1,960,000 0
Net (gains)/losses on sale/disposal of fixed assets 3,256,000 1,050,000
Proceeds from sale of mortgage servicing rights 70,071,000 0
Net (increase)/decrease in:    
Trading securities (535,921,000) (84,502,000)
Loans held-for-sale 218,237,000 30,297,000
Capital markets receivables (152,252,000) 34,618,000
Interest receivable (2,547,000) 890,000
Other assets 319,017,000 87,022,000
Net increase/(decrease) in:    
Capital markets payables 308,787,000 (56,545,000)
Interest payable 7,171,000 5,810,000
Other liabilities (75,434,000) (177,245,000)
Trading liabilities 163,886,000 21,540,000
Total adjustments 405,416,000 127,032,000
Net cash provided/(used) by operating activities 585,575,000 114,211,000
Available-for-sale securities:    
Sales 7,829,000 63,787,000
Maturities 497,144,000 783,033,000
Purchases (620,329,000) (977,723,000)
Premises and equipment:    
Sales 1,283,000 0
Purchases (21,919,000) (18,949,000)
Net (increase)/decrease in:    
Loans (449,223,000) 1,461,678,000
Interests retained from securitizations classified as trading securities 1,176,000 4,088,000
Interest-bearing cash 454,812,000 196,178,000
Cash receipts related to divestitures 0 1,638,000
Cash received for acquisition 0 50,934,000
Net cash provided/(used) by investing activities (129,227,000) 1,564,664,000
Common stock:    
Stock options exercised 944,000 608,000
Cash dividends paid (35,659,000) (26,467,000)
Repurchase of shares (28,903,000) [2] (91,395,000) [2]
Tax benefit reversals stock-based compensation plans (7,773,000) (1,509,000)
Preferred stock issuance 0 95,624,000
Cash dividends paid - preferred stock - noncontrolling interest (8,531,000) (8,531,000)
Cash dividends paid - Series A preferred stock (4,650,000) (2,738,000)
Term borrowings:    
Payments/maturities (231,913,000) (411,027,000)
Increases in restricted and secured term borrowings 2,089,000 4,411,000
Net increase/(decrease) in:    
Deposits (591,185,000) (707,898,000)
Short-term borrowings 531,055,000 (611,399,000)
Net cash provided/(used) by financing activities (374,526,000) (1,760,321,000)
Net increase/(decrease) in cash and cash equivalents 81,822,000 (81,446,000)
Cash and cash equivalents at beginning of period 827,909,000 1,106,262,000
Cash and cash equivalents at end of period 909,731,000 1,024,816,000
Supplemental Disclosures    
Total interest paid 52,785,000 65,750,000
Total taxes paid 54,540,000 5,044,000
Total taxes refunded 1,966,000 26,035,000
Transfer from loans to other real estate owned $ 17,010,000 $ 14,481,000
[1]

Nine months ended September 30, 2014 loss is associated with the collapse of two HELOC securitization trusts.

[2]

2014 includes $24.0 million repurchased under the share repurchase program launched in January 2014. 2013 includes $87.6million repurchased under the share repurchase program launched in 2011.