XML 18 R8.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Operating Activities    
Net Income $ 189,535 $ 111,490
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Provision for Credit Losses (40,800) 102,600
Depreciation and Amortization 15,751 14,929
Amortization of Deferred Loan and Lease (Fees) Costs, Net (13,431) (1,640)
Amortization and Accretion of Premiums/Discounts on Investment Securities, Net 27,147 19,043
Amortization of Operating Lease Right-of-Use Assets 8,562 9,192
Share-Based Compensation 9,658 5,347
Benefit Plan Contributions (1,274) (1,071)
Deferred Income Taxes 5,308 (31,725)
Gains on Sale of Premises and Equipment (9,893) (1,850)
Net Gains on Sales of Loans and Leases (12,639) (9,779)
Net Losses (Gains) on Sales of Investment Securities 39 (11,125)
Proceeds from Sales of Loans Held for Sale 412,153 333,770
Originations of Loans Held for Sale (319,274) (316,203)
Net Tax Benefits from Share-Based Compensation 1,349 469
Net Change in Other Assets and Other Liabilities 68,084 (135,753)
Net Cash Provided by Operating Activities 340,275 87,694
Investment Securities Available-for-Sale:    
Proceeds from Sales, Prepayments and Maturities 1,138,809 733,619
Purchases (1,789,229) (1,238,926)
Investment Securities Held-to-Maturity:    
Proceeds from Prepayments and Maturities 914,953 1,000,743
Purchases (2,569,229) (1,170,928)
Net Change in Loans and Leases (149,765) (782,613)
Purchases of Premises and Equipment (14,314) (25,693)
Proceeds from Sale of Premises and Equipment 9,008 1,981
Net Cash Used in Investing Activities (2,459,767) (1,481,817)
Financing Activities    
Net Change in Deposits 2,282,057 1,954,401
Net Change in Short-Term Borrowings (150,100) (2,200)
Proceeds from Long-Term Debt   50,000
Repayments of Long-Term Debt (50,067) (75,063)
Net Proceeds from Issuance of Preferred Stock 175,487  
Proceeds from Issuance of Common Stock 10,836 7,684
Repurchase of Common Stock (23,412) (17,897)
Cash Dividends Paid on Common Stock (82,429) (80,536)
Cash Dividends Paid on Preferred Stock (1,006)  
Net Cash Provided by Financing Activities 2,161,366 1,836,389
Net Change in Cash and Cash Equivalents 41,874 442,266
Cash and Cash Equivalents at Beginning of Period 614,088 558,658
Cash and Cash Equivalents at End of Period 655,962 1,000,924
Supplemental Information    
Cash Paid for Interest 25,207 42,712
Cash Paid for Income Taxes 41,193 $ 46,949
Non-Cash Investing and Financing Activities:    
Transfer from Loans to Loans Held for Sale $ 23,888