XML 160 R147.htm IDEA: XBRL DOCUMENT v3.6.0.2
Parent Company Only Condensed Financial Information Condensed Statements of Cash Flows (Detail) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Adjustments to reconcile net income to net cash used for operating activities:      
Gains on derivative instruments, net $ (48,581) $ (83,805) $ (96,845)
Gains on investment securities, net (51,740) (89,445) [1],[2] (267,023)
Amortization of share-based compensation 35,494 32,239 29,545
Impairment loss on SVBIF Sale Transaction 0 0 13,934
Other, net 41,684 64,044 19,788
Net cash used for operating activities 437,977 339,197 255,268
Cash flows from investing activities:      
Net (increase) decrease in loans (3,169,493) (2,335,153) (3,480,531)
Net cash used for investing activities 1,015,344 (6,495,736) (12,233,682)
Cash flows from financing activities:      
Proceeds from issuance of common stock, ESPP, and ESOP 26,147 22,410 22,146
Tax benefit from stock exercises (3,640) 16,602 9,602
Net proceeds from public equity offering 0 0 434,866
Net cash provided by financing activities (410,828) 5,848,782 12,250,649
Net increase (decrease) in cash and cash equivalents 1,042,493 (307,757) 272,235
Cash and cash equivalents at beginning of period 1,503,257 1,811,014 [3] 1,538,779
Cash and cash equivalents at end of period 2,545,750 1,503,257 1,811,014 [3]
Parent Company      
Cash flows from operating activities:      
Net income attributable to SVBFG 382,685 343,904 263,870
Adjustments to reconcile net income to net cash used for operating activities:      
Gains on derivative instruments, net (35,608) (55,477) (66,604)
Gains on investment securities, net (20,644) (39,447) (8,750)
Net income of subsidiaries (31,107) (10,221) 8,529
Cash dividends from bank subsidiary 40,000 0 0
Amortization of share-based compensation 35,494 32,239 29,545
Decrease (increase) in other assets 35,699 (30,638) 46,512
Increase (decrease) in other liabilities 15,293 28,985 25,697
Impairment loss on SVBIF Sale Transaction 0 0 9,564
Other, net 708 470 513
Net cash used for operating activities 62,049 (53,647) 27,948
Cash flows from investing activities:      
Net decrease in investment securities from purchases, sales and maturities 54,737 31,380 15,469
Net (increase) decrease in loans (3,478) 6,825 (11,893)
Net cash used for investing activities 38,445 (269,019) (398,474)
Cash flows from financing activities:      
Proceeds from issuance of common stock, ESPP, and ESOP 26,147 22,410 22,146
Tax benefit from stock exercises (3,640) 16,602 9,602
Net proceeds from public equity offering 0 0 434,866
Proceeds from Issuance of Long-term Debt 0 346,431 0
Net cash provided by financing activities 22,507 385,443 466,614
Net increase (decrease) in cash and cash equivalents 123,001 62,777 96,088
Cash and cash equivalents at beginning of period 377,013 314,236 218,148
Cash and cash equivalents at end of period 500,014 377,013 314,236
Parent Company | Bank Subsidiaries      
Adjustments to reconcile net income to net cash used for operating activities:      
Net income of subsidiaries (379,629) (306,864) (249,350)
Cash flows from investing activities:      
Investment in subsidiaries (14,738) (378,286) (432,804)
Parent Company | Nonbank Subsidiaries      
Adjustments to reconcile net income to net cash used for operating activities:      
Net income of subsidiaries (11,949) (26,819) (23,049)
Cash flows from investing activities:      
Investment in subsidiaries $ 1,924 $ 71,062 $ 30,754
[1] During the second quarter of 2015 we adopted new accounting guidance related to our consolidated variable interest entities (ASU 2015-02). Amounts prior to January 1, 2015 have not been revised for the adoption of this guidance. See Note 2— "Summary of Significant Accounting Policies” of the “Notes to the Consolidated Financial Statements” under Part II, Item 8 of this report for additional details.
[2] During the second quarter of 2015 we adopted new accounting guidance related to our consolidated variable interest entities (ASU 2015-02). Amounts prior to January 1, 2015 have not been revised for the adoption of this guidance. See Note 2— "Summary of Significant Accounting Policies” of the “Notes to the Consolidated Financial Statements” under Part II, Item 8 of this report for additional details.
[3] Cash and cash equivalents at December 31, 2014 included $15.0 million recognized in assets held-for-sale in conjunction with the SVBIF sale transaction. On April 13, 2015 we received net proceeds of $39.3 million consisting of the sales price of $48.6 million less $9.3 million of cash and cash equivalents held by SVBIF that were sold.