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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 $ 57,983 $ 49,091 $ 114,253 $ 91,625  
Adjustments to reconcile net income to net cash provided by operating activities:          
Provision for credit losses 12,000 14,000 21,000 34,000  
Depreciation and amortization     23,241 22,914  
Addition to valuation allowance on mortgage servicing rights, net     275 2,120  
Amortization of mortgage servicing rights     5,084 5,896  
Amortization of other intangible assets 496 539 1,009 1,043  
Amortization and accretion on earning assets, funding, and other, net     17,889 22,045  
Tax impact of stock based compensation     4,035 395  
Gain on sales of investment securities, net     (356) (6,214)  
Asset (gains) losses, net 466 343 700 (181)  
(Gain) loss on mortgage banking activities, net     4,287 (7,058)  
Mortgage loans originated and acquired for sale     (220,284) (517,838)  
Proceeds from sales of mortgage loans held for sale     364,128 491,980  
Increase in interest receivable     (757) (4,875)  
Increase (decrease) in interest payable     2,653 (4,739)  
Commercial loans held for sale      
Other, net     (38,650) (25,836)  
Net cash provided by operating activities     298,507 105,277  
CASH FLOWS FROM INVESTING ACTIVITIES          
Net increase in loans     (819,198) (1,281,291)  
Purchases of:          
Available for sale securities     (417,397) (495,453)  
Held to maturity securities     (70,969) (112,226)  
Federal Home Loan Bank and Federal Reserve Bank stocks     (166,869) (67,261)  
Premises, equipment, and software, net of disposals     (19,289) (81,461)  
Other assets     (6,498) (3,073)  
Proceeds from:          
Sales of available for sale securities     0 359,484  
Sales of held to maturity securities     16,059 0  
Proceeds from Sale of Federal Home Loan Bank Stock     125,690 20,000  
Prepayments, calls, and maturities of available for sale investment securities     389,251 371,440  
Prepayments, calls, and maturities of held to maturity investment securities     80,976 37,172  
Sales, prepayments, calls, and maturities of other assets     6,353 13,362  
Net cash paid in acquisition     (217) (685)  
Net cash used in investing activities     (882,108) (1,239,992)  
CASH FLOWS FROM FINANCING ACTIVITIES          
Net decrease in deposits     (270,268) (714,815)  
Proceeds from (Repayments of) Short-term Debt     310,447 1,077,141  
Proceeds from (Repayments of) Long-term Debt and Capital Securities     (12) (430,018)  
Proceeds from issuance of long-term funding     500,000 1,265,000  
Proceeds from issuance of common stock for stock-based compensation plans     20,945 4,276  
Purchase of preferred stock     0 (1,248)  
Purchase of common stock returned to authorized but unissued     0 (20,007)  
Purchase of treasury stock for tax withholding     (8,445) (4,018)  
Cash dividends on common stock     (36,804) (33,034)  
Cash dividends on preferred stock     (4,669) (4,367)  
Net cash provided by financing activities     511,194 1,138,910  
Net increase (decrease) in cash and cash equivalents     (72,407) 4,195  
Cash and cash equivalents at beginning of period     642,233 473,685 $ 473,685
Cash and cash equivalents at end of period 569,826 477,880 569,826 477,880 $ 642,233
Supplemental disclosures of cash flow information:          
Cash paid for interest     57,306 46,316  
Cash paid for income taxes     27,461 27,852  
Loans and bank premises transferred to other real estate owned     3,267 4,704  
Capitalized mortgage servicing rights     3,278 4,149  
Loans transferred into held for sale from portfolio, net     62,264 130,694  
Fair value of assets acquired, including cash and cash equivalents 0 522 0 522  
Fair value ascribed to goodwill and intangible assets 217 4,119 217 4,119  
Fair value of liabilities assumed $ 0 $ 1,423 $ 0 $ 1,423