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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash Flows from Operating Activities      
Net income $ 229,264 $ 200,274 $ 188,301
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit losses 26,000 70,000 37,500
Depreciation and amortization 46,967 45,434 47,168
Addition to (recovery of) valuation allowance on mortgage servicing rights, net 175 (200) (425)
Amortization of mortgage servicing rights 10,084 12,327 11,601
Amortization of other intangible assets 1,959 2,093 3,094
Amortization and accretion on earning assets, funding, and other, net 37,476 46,615 39,806
Net amortization of tax credit investments 19,834 5,272 3,100
Deferred income taxes 21,402 10,656 (3,522)
Gain on sales of investment securities, net (434) (9,316) (8,133)
Asset (gains) losses, net 1,244 86 (2,540)
Gain on mortgage banking activities, net (3,516) (27,060) (20,258)
Mortgage loans originated and acquired for sale (715,357) (1,271,124) (1,228,106)
Proceeds from sales of mortgage loans held for sale 819,950 1,542,660 1,241,012
Pension contributions (6,242) 0 0
(Increase) decrease in interest receivable (9,476) (7,836) 395
Increase (decrease) in interest payable 6,535 (4,642) 3,898
Net change in other assets and other liabilities (27,497) 26,144 (11,685)
Net cash provided by operating activities 458,368 641,383 301,206
Cash Flows from Investing Activities      
Net increase in loans (861,934) (1,682,579) (1,136,793)
Purchases of      
Available for sale securities (1,137,191) (1,304,921) (2,859,793)
Held to maturity securities (234,379) (195,442) (250,767)
Federal Home Loan Bank and Federal Reserve Bank stocks (262,986) (92,761) (35,647)
Premises, equipment, and software, net of disposals (47,369) (103,881) (54,636)
Proceeds from      
Sales of available for sale securities 18,467 549,555 1,601,947
Sale of Federal Home Loan Bank and Federal Reserve Bank stocks 237,656 100,000 77,514
Prepayments, calls, and maturities of available for sale securities 713,486 997,701 1,099,625
Prepayments, calls, and maturities of held to maturity securities 210,753 75,796 17,013
Prepayments, calls and maturities of other assets 20,070 27,692 21,236
Net change in tax credit investments (53,770) (23,498) (14,649)
Net cash (paid) received in acquisition 339 (685) 1,132
Net cash used in investing activities (1,396,858) (1,653,023) (1,533,818)
Cash Flows from Financing Activities      
Net increase in deposits 897,514 880,783 2,244,161
Net increase (decrease) in short-term funding (415,753) 257,619 (233,872)
Repayment of long-term funding (115,020) (1,180,038) (1,500,035)
Proceeds from issuance of long-term funding 750,000 1,265,000 250,000
Proceeds from issuance of common stock for stock-based compensation plans 27,619 21,748 20,054
Proceeds from issuance of preferred stock 0 97,066 62,966
Redemption of preferred stock 0 (58,903) 0
Purchase of preferred stock 0 (1,248) (1,335)
Purchase of common stock returned to authorized but unissued (37,031) (20,007) (93,000)
Purchase of treasury stock for tax withholding (9,290) (5,074) (5,154)
Cash dividends on common stock (76,417) (67,855) (62,400)
Cash dividends on preferred stock (9,347) (8,903) (7,155)
Net cash provided by financing activities 1,012,275 1,180,188 674,230
Net increase (decrease) in cash and cash equivalents 73,785 168,548 (558,382)
Cash and cash equivalents at beginning of period 642,233 473,685 1,032,067
Cash and cash equivalents at end of period 716,018 642,233 473,685
Supplemental disclosures of cash flow information      
Cash paid for interest 138,174 88,269 73,054
Cash paid for income and franchise taxes 81,450 75,558 84,407
Loans and bank premises transferred to other real estate owned 11,505 9,752 10,988
Capitalized mortgage servicing rights 7,167 12,262 12,372
Loans transferred into held for sale from portfolio, net 71,954 256,194 0
Supplemental Cash Flow - Acquisition Information      
Fair value of assets acquired, including cash and cash equivalents 647 522 4,590
Fair value ascribed to goodwill and intangible assets 6,450 4,119 51,791
Fair value of liabilities assumed 54 1,423 12,851
Common stock issued in acquisition $ 7,151 $ 0 $ 43,530