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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating Activities    
Net income $ 171,968 $ 97,385
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization and accretion 57,388 36,392
Provision for credit losses 30,049 27,606
Deferred tax expense 15,541 21,226
Net securities gains (31) (3,118)
Tax benefit of stock-based compensation (357) (724)
Loans originated for sale (529,376) (519,973)
Loans sold 589,823 380,522
Gain on sale of loans (11,668) (4,716)
Net change in:    
Interest receivable 1,044 (462)
Interest payable 2,658 58
Bank owned life insurance (5,367) (5,063)
Other, net 27,613 (114,988)
Net cash flows provided by (used in) operating activities 349,285 (85,855)
Investing Activities    
Net change in loans and leases (719,659) (582,236)
Securities available for sale:    
Purchases (581,769) (592,601)
Sales 0 755,866
Maturities 288,337 247,930
Debt securities held to maturity:    
Purchases (224,229) (782,281)
Sales 0 1,574
Maturities 168,333 214,739
Increase in premises and equipment (10,333) (34,832)
Net cash received in business combinations 0 196,964
Other, net (32) (5,805)
Net cash flows used in investing activities (1,079,352) (580,682)
Financing Activities    
Demand (non-interest bearing and interest bearing) and savings accounts (110,447) (45,049)
Time deposits 252,901 (143,154)
Short-term borrowings 655,809 1,126,769
Proceeds from issuance of long-term borrowings 17,490 77,223
Repayment of long-term borrowings (56,343) (133,162)
Net proceeds from issuance of common stock 7,213 3,702
Cash dividends paid:    
Preferred stock (4,020) (4,020)
Common stock (78,280) (64,561)
Net cash flows provided by financing activities 684,323 817,748
Net Increase (Decrease) in Cash and Cash Equivalents (45,744) 151,211
Cash and cash equivalents at beginning of period 479,443 371,407
Cash and Cash Equivalents at End of Period $ 433,699 $ 522,618