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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Dec. 31, 2016
Cash flows from operating activities:          
Net Income $ 96,226 $ 88,987 $ 189,171 $ 173,986  
Adjustments to reconcile net income (loss) to net cash provided by operating activities:          
Provision for loan losses     93,177 85,307  
Amortization of intangibles     4,689 6,211  
Depreciation and amortization of premises and equipment     23,928 23,141  
Net accretion of discounts and amortization of premiums and deferred fees     (13,510) (24,724)  
Other-than-temporary impairment on investment securities 8,299 209 8,299 209  
Fair value adjustments on mortgage servicing rights     14,000 12,817  
FDIC loss share (income) expense     8,732 15,722  
Adjustments (expense) to indemnity reserves on loans sold 2,930 5,746 4,896 9,844  
Earnings from investments under the equity method     (21,413) (13,681)  
Deferred income tax (benefit) expense     52,354 49,316  
(Gain) loss on:          
Disposition of premises and equipment and other productive assets     5,517 2,424  
Sale and valuation adjustments of investment securities     (181) (1,583)  
Sale of loans, including valuation adjustments on loans held-for-sale and mortgage banking activities     (12,631) (15,577)  
Sale of foreclosed assets, including write-downs     13,603 9,571  
Acquisitions of loans held-for-sale     (153,085) (148,725)  
Proceeds from sale of loans held-for-sale     58,857 43,110  
Net originations on loans held-for-sale     (224,278) (247,287)  
Net (increase) decrease in:          
Trading securities     333,819 393,178  
Accrued income receivable     1,939 3,255  
Other assets     7,423 (21,351)  
Net increase (decrease) in:          
Interest payable     (189) (1,208)  
Pension and other postretirement benefits obligation     883 2,300  
Other liabilities     (16,018) 6,310  
Total adjustments     190,811 188,579  
Net cash provided by operating activities     379,982 362,565  
Cash flows from investing activities:          
Net (increase) decrease in money market investments     (1,329,413) (605,407)  
Purchases of investment securities:          
Available-for-sale     (1,738,920) (1,682,199)  
Other     (4,900) (70,302)  
Proceeds from calls, paydowns, maturities and redemptions of investment securities:          
Available-for-sale     541,660 632,284  
Held-to-maturity     2,860 2,209  
Other     0 47,859  
Proceeds from sale of investment securities available-for-sale     423 0  
Proceeds from sale of other investment securities     2,541 27,710  
Net repayments on loans     5,088 (61,199)  
Proceeds from sale of loans     0 95,940  
Acquisition of loan portfolios     (261,987) (308,949)  
Acquisition of trademark     0    
Net payments from FDIC under loss sharing agreements     (14,819) 88,588  
Return of capital from equity method investments     3,862 324  
Acquisition of premises and equipment     (29,992) (60,744)  
Proceeds from sale of:          
Premises and equipment and other productive assets     5,186 2,839  
Foreclosed assets     60,603 28,895  
Net cash provided by investing activities     (2,757,808) (1,862,152)  
Net increase (decrease) in:          
Deposits     2,625,731 1,530,091  
Federal funds purchased and assets sold under agreements to repurchase     (73,040) 59,460  
Other short-term borrowings     0 30,000  
Payments of notes payable     (35,074) (216,501)  
Proceeds from issuance of notes payable     20,000 128,883  
Proceeds from issuance of common stock     3,831 3,710  
Dividends paid     (43,045) (32,953)  
Net payments for repurchase of common stock     (75,666) (238)  
Payments related to tax witholding for shared-based compensation     (1,617) (1,231)  
Net cash used in financing activities     2,421,120 1,501,221  
Net decrease in cash and due from banks     43,294 1,634  
Cash and due from banks at beginning of period     362,394 363,674 $ 363,674
Cash and due from banks at end of period $ 405,688 $ 365,308 $ 405,688 $ 365,308 $ 362,394