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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Cash flows from operating activities:          
Net Income $ 20,664 $ 46,810 $ 209,835 $ 220,796  
Adjustments to reconcile net income (loss) to net cash provided by operating activities:          
Provision for loan losses     253,936 128,651  
Goodwill impairment charge 0 3,801 0 3,801  
Amortization of intangibles     7,034 9,308  
Depreciation and amortization of premises and equipment     35,966 34,725  
Net accretion of discounts and amortization of premiums and deferred fees     (17,371) (36,753)  
Impairment losses on long-lived assets     11,286 0  
Other-than-temporary impairment on investment securities 0 0 8,299 209  
Fair value adjustments on mortgage servicing rights     24,262 18,879  
FDIC loss share (income) expense     12,680 77,445  
Adjustments (expense) to indemnity reserves on loans sold 6,406 4,390 11,302 14,234  
Earnings from investments under the equity method     (27,350) (23,812)  
Deferred income tax (benefit) expense     30,471 61,918  
(Gain) loss on:          
Disposition of premises and equipment and other productive assets     5,018 3,603  
Sale and valuation adjustments of investment securities     (284) (1,932)  
Sale of loans, including valuation adjustments on loans held-for-sale and mortgage banking activities     (16,455) (32,982)  
Sale of foreclosed assets, including write-downs     19,228 13,160  
Acquisitions of loans held-for-sale     (204,813) (223,189)  
Proceeds from sale of loans held-for-sale     68,326 58,003  
Net originations on loans held-for-sale     (283,709) (365,353)  
Net (increase) decrease in:          
Trading securities     498,840 578,133  
Accrued income receivable     (8,297) 4,543  
Other assets     13,454 (28,201)  
Net increase (decrease) in:          
Interest payable     (9,299) (11,553)  
Pension and other postretirement benefits obligation     (13,760) (56,537)  
Other liabilities     15,178 (5,292)  
Total adjustments     433,942 221,008  
Net cash provided by operating activities     643,777 441,804  
Cash flows from investing activities:          
Net (increase) decrease in money market investments     (2,597,994) (1,783,402)  
Purchases of investment securities:          
Available-for-sale     (2,356,389) (2,408,514)  
Other     (23,822) (14,017)  
Proceeds from calls, paydowns, maturities and redemptions of investment securities:          
Available-for-sale     1,225,915 951,447  
Held-to-maturity     6,229 4,182  
Other     0 11,051  
Proceeds from sale of investment securities available-for-sale     14,888 1,556  
Proceeds from sale of other investment securities     17,675 8,006  
Net repayments on loans     (77,400) (93,354)  
Proceeds from sale of loans     415 134,114  
Acquisition of loan portfolios     (448,121) (355,507)  
Acquisition of trademark     0    
Net payments from FDIC under loss sharing agreements     (11,520) 95,407  
Return of capital from equity method investments     8,556 324  
Acquisition of premises and equipment     (40,158) (78,297)  
Proceeds from sale of:          
Premises and equipment and other productive assets     6,982 5,519  
Foreclosed assets     85,705 54,600  
Net cash provided by investing activities     (4,189,039) (3,466,885)  
Net increase (decrease) in:          
Deposits     3,751,367 3,119,674  
Federal funds purchased and assets sold under agreements to repurchase     (105,020) 3,106  
Other short-term borrowings     239,398 0  
Payments of notes payable     (89,375) (230,608)  
Proceeds from issuance of notes payable     45,000 165,047  
Proceeds from issuance of common stock     5,515 5,718  
Dividends paid     (69,162) (49,438)  
Net payments for repurchase of common stock     (75,662) (1,547)  
Payments related to tax witholding for shared-based compensation     (1,756) 0  
Net cash used in financing activities     3,700,305 3,011,952  
Net decrease in cash and due from banks     155,043 (13,129)  
Cash and due from banks at beginning of period     362,394 363,674 $ 363,674
Cash and due from banks at end of period $ 517,437 $ 350,545 $ 517,437 $ 350,545 $ 362,394