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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash Flows from Operating Activities      
Net income $ 333,562 $ 229,264 $ 200,274
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit losses 0 26,000 70,000
Depreciation and amortization 48,253 46,967 45,434
Addition to (recovery of) valuation allowance on mortgage servicing rights, net (545) 175 (200)
Amortization of mortgage servicing rights 9,594 10,084 12,327
Amortization of other intangible assets 8,159 1,959 2,093
Amortization and accretion on earning assets, funding, and other, net 11,624 37,476 46,615
Net amortization of tax credit investments 19,425 19,834 5,272
Deferred income taxes 46,947 21,402 10,656
Losses (gains) on sales of investment securities, net 1,985 (434) (9,316)
Asset (gains) losses, net 1,103 1,244 86
(Gain) loss on mortgage banking activities, net (22,497) (3,516) (27,060)
Mortgage loans originated and acquired for sale (1,092,318) (715,357) (1,271,124)
Proceeds from sales of mortgage loans held for sale 1,131,652 819,950 1,542,660
Pension contributions (41,877) (6,242) 0
(Increase) decrease in interest receivable (7,417) (9,476) (7,836)
Increase (decrease) in interest payable 10,407 6,535 (4,642)
Increase (Decrease) Cash Collateral from Counterparties 41,274 (5,578) 0
Net change in other assets and other liabilities (2,763) (21,919) 26,144
Net cash provided by operating activities 496,567 458,368 641,383
Cash Flows from Investing Activities      
Net increase in loans (326,464) (861,934) (1,682,579)
Purchases of      
Available for sale securities (737,580) (1,137,191) (1,304,921)
Held to maturity securities (682,622) (234,379) (195,442)
Federal Home Loan Bank and Federal Reserve Bank stocks (347,323) (262,986) (92,761)
Premises, equipment, and software, net of disposals (65,854) (47,369) (103,881)
Proceeds from      
Sales of available for sale securities 601,130 18,467 549,555
Sale of Federal Home Loan Bank and Federal Reserve Bank stocks 282,145 237,656 100,000
Prepayments, calls, and maturities of available for sale investment securities 633,859 713,486 997,701
Prepayments, calls, and maturities of held to maturity investment securities 217,836 210,753 75,796
Sales, prepayments, calls and maturities of other assets 41,856 20,070 27,692
Net change in tax credit and alternative investments (57,327) (53,770) (23,498)
Net cash (paid) received in acquisition 59,472 339 (685)
Net cash used in investing activities (380,872) (1,396,858) (1,653,023)
Cash Flows from Financing Activities      
Net increase (decrease) in deposits 270,481 897,514 880,783
Net increase (decrease) in short-term funding (581,371) (217,753) 110,619
Net increase (decrease) in short-term FHLB advances 616,000 (198,000) 147,000
Repayment of long-term FHLB advances (2,150,016) (115,020) (38)
Proceeds from long-term FHLB advances 1,837,680 750,000 515,000
Repayment of long-term funding 0 0 (430,000)
Proceeds from issuance of long-term funding 300,000 0 0
Proceeds from issuance of preferred shares 97,315 0 97,066
Proceeds from issuance of common stock for stock-based compensation plans 18,408 27,619 21,748
Redemption of preferred shares 0 0 (58,903)
Redemption of warrants (1) 0 0
Purchase of preferred shares (537) 0 (1,248)
Purchase of common stock returned to authorized but unissued (33,075) (37,031) (20,007)
Purchase of treasury stock (213,598) (9,290) (5,074)
Cash dividends on common stock (105,519) (76,417) (67,855)
Cash dividends on preferred stock (10,784) (9,347) (8,903)
Net cash provided by (used in) financing activities 44,983 1,012,275 1,180,188
Net increase (decrease) in cash, cash equivalents, and restricted cash 160,678 73,785 168,548
Cash, cash equivalents, and restricted cash at beginning of period 716,018 642,233 473,685
Cash, cash equivalents, and restricted cash at end of period 876,698 716,018 642,233
Supplemental disclosures of cash flow information      
Cash paid for interest 261,724 138,174 88,269
Cash paid for income and franchise taxes 18,335 81,450 75,558
Loans and bank premises transferred to other real estate owned 26,517 11,505 9,752
Capitalized mortgage servicing rights 10,722 7,167 12,262
Loans transferred into held for sale from portfolio, net 33,010 71,954 256,194
Acquisition      
Fair value of assets acquired, including cash and cash equivalents 2,567,488 647 522
Fair value ascribed to goodwill and intangible assets 261,243 6,450 4,119
Fair value of liabilities assumed 2,340,323 54 1,423
Common stock issued in acquisition 488,408 7,151 0
Cash and cash equivalents 782,784 643,042 527,135
Restricted Cash $ 93,914 $ 72,976 $ 115,098