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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Dec. 31, 2016
Cash flows from operating activities:      
Net Income $ 92,945 $ 84,999  
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Provision for loan losses 40,698 44,835  
Amortization of intangibles 2,345 3,114  
Depreciation and amortization of premises and equipment 11,799 11,707  
Net accretion of discounts and amortization of premiums and deferred fees (6,463) (11,158)  
Fair value adjustments on mortgage servicing rights 5,954 8,477  
FDIC loss share (income) expense 8,257 3,146  
Adjustments (expense) to indemnity reserves on loans sold 1,966 4,098  
Earnings from investments under the equity method (10,879) (7,089)  
Deferred income tax (benefit) expense 25,060 23,218  
(Gain) loss on:      
Disposition of premises and equipment and other productive assets 6,466 (1,946)  
Sale and valuation adjustments of investment securities (162) 0  
Sale of loans, including valuation adjustments on loans held-for-sale and mortgage banking activities (5,381) (7,101)  
Sale of foreclosed assets, including write-downs 4,512 2,802  
Acquisitions of loans held-for-sale (73,043) (66,451)  
Proceeds from sale of loans held-for-sale 29,364 22,253  
Net originations on loans held-for-sale (123,336) (110,528)  
Net (increase) decrease in:      
Trading securities 177,153 176,598  
Accrued income receivable 10,024 3,926  
Other assets 13,161 20,996  
Net increase (decrease) in:      
Interest payable (11,281) (12,261)  
Pension and other postretirement benefits obligation 331 1,536  
Other liabilities (13,654) (17,010)  
Total adjustments 92,891 93,162  
Net cash provided by operating activities 185,836 178,161  
Cash flows from investing activities:      
Net (increase) decrease in money market investments (763,130) 262,632  
Purchases of investment securities:      
Available-for-sale (1,216,880) (742,859)  
Other (225) (59,786)  
Proceeds from calls, paydowns, maturities and redemptions of investment securities:      
Available-for-sale 222,677 239,399  
Held-to-maturity 2,184 2,108  
Other 0 41,664  
Proceeds from sale of investment securities available-for-sale 381 0  
Proceeds from sale of other investment securities 1,757 26,346  
Net repayments on loans 99,306 13,335  
Proceeds from sale of loans 0 1,128  
Acquisition of loan portfolios (109,098) (212,798)  
Net payments from FDIC under loss sharing agreements (23,574) 88,588  
Return of capital from equity method investments 3,862 206  
Acquisition of premises and equipment (18,646) (38,819)  
Proceeds from sale of:      
Premises and equipment and other productive assets 3,011 5,092  
Foreclosed assets 27,547 14,513  
Net cash provided by investing activities (1,770,828) (359,251)  
Net increase (decrease) in:      
Deposits 1,715,958 318,550  
Federal funds purchased and assets sold under agreements to repurchase (44,711) (1,991)  
Other short-term borrowings 0 5,170  
Payments of notes payable (17,408) (108,452)  
Proceeds from issuance of notes payable 0 28,883  
Proceeds from issuance of common stock 1,806 2,109  
Dividends paid (16,499) (16,473)  
Net payments for repurchase of common stock (75,604) (77)  
Payments related to tax witholding for shared-based compensation (719) (680)  
Net cash used in financing activities 1,562,823 227,039  
Net decrease in cash and due from banks (22,169) 45,949  
Cash and due from banks at beginning of period 362,394 363,674 $ 363,674
Cash and due from banks at end of period $ 340,225 $ 409,623 $ 362,394