XML 70 R9.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Net Income $ 161,335 $ 148,350
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Provision for loan losses 326,130 395,912
Amortization of intangibles 7,605 6,973
Depreciation and amortization of premises and equipment 34,953 34,864
Net (accretion of discounts) amortization of premiums and deferred fees (22,118) (97,668)
Impairment Losses On Net Assets To Be Disposed Of 0 6,085
Impaiment losses on long-lives assets 0 0
Fair value adjustments of mortgage servicing rights 7,217 26,373
Fair value change in equity appreciation instrument 0 (8,323)
FDIC loss share (income) expense 19,387 (49,344)
Amortization Of Prepaid F D I C Assesment 30,157 68,640
Adjustments (expense) to indemnity reserves on loans sold 17,990 29,587
Losses (earnings) from investments under equity method 9,788 11,250
Earnings from changes in fair value related to instruments measured at fair value pursuant to the fair value option 0 0
Stock options expense 0 0
Deferred income tax expense (benefit) (150,201) 44,608
Loss (gain) on: [Abstract]    
Disposition of premises and equipment (8,253) (2,019)
Early extinguishment of debt 24,950 0
Sale and valuation adjustments of investment securities 285 (8,044)
Sale of loans, including valuation adjustments on loans held-for-sale (18,569) (14,756)
Sale of equity method investment 0 (16,907)
Sale of processing and technology business, net of transaction costs 0 0
Gains (Losses) on Sales of Other Assets (2,545) 0
Acquisitions of loans held-for-sale (288,844) (253,401)
Proceeds from sale of loans held-for-sale 242,088 101,549
Net disbursements on loans held-for-sale (860,804) (617,591)
Increase (Decrease) in Operating Assets [Abstract]    
Trading securities 849,304 492,882
Accrued income receivable (8,735) 14,924
Other assets 65,944 (25,576)
Increase (Decrease) in Accounts Payable and Accrued Liabilities [Abstract]    
Interest payable (7,553) (7,344)
Pension and other postretirement benefit obligations 24,156 (128,802)
Other liabilities (48,062) (109,155)
Total adjustments 244,270 (105,283)
Net cash (used in) provided by operating activities 405,605 43,067
Cash flows from investing activities:    
Net increase in money market investments 450,511 (289,844)
Payments To Acquire Investments Abstract    
Available-for-sale (1,284,834) (1,198,613)
Held-to-maturity (250) (65,358)
Other (152,607) (116,582)
Proceeds From Sale Maturity And Collections Of Investments Abstract    
Available-for-sale 1,166,618 979,868
Held-to-maturity 4,398 54,617
Other 119,098 104,231
Proceeds from sale of investment securities available-for-sale 8,031 35,099
Proceeds From Sale Of Other Investments 0 2,294
Net repayments on loans 687,582 1,013,103
Proceeds from sale of loans 51,677 290,119
Acquisition of loan portfolios (1,051,588) (985,675)
F D I C Indemnification Asset Cash Payments Received 327,739 561,111
Cash received from acquisitions 0 (500)
Net proceeds from sale of equity method investments 0 31,503
Net proceeds from sale of processing and technology business 0 0
Mortgage servicing rights purchased (1,620) (1,251)
Acquisition of premises and equipment (34,336) (37,868)
Proceeds from sale of: [Abstract]    
Premises and equipment 20,612 12,314
Proceeds from Sale of Other Productive Assets 1,026 0
Foreclosed assets 142,019 133,017
Net cash (used in) provided by investing activities 454,076 521,585
Net increase (decrease) in: [Abstract]    
Deposits (1,624,634) 1,192,652
Federal funds purchased and assets sold under agreements to repurchase (196,533) 189,056
Other short-term borrowings 910,000 (198,022)
Payments of notes payable (72,815) (2,055,254)
Proceeds from issuance of notes payable 61,331 419,500
Proceeds from issuance of common stock 7,788 5,394
Net proceeds from issuance of depository shares 0 0
Dividends paid (2,482) (2,792)
Treasury stock acquired (276) (418)
Net cash (used in) provided by financing activities (917,621) (449,884)
Net (decrease) increase in cash and due from banks (57,940) 114,768
Cash and due from banks at beginning of period 535,282 452,373
Cash and due from banks at end of period $ 477,342 $ 567,141