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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2021
Mar. 31, 2021
Sep. 30, 2020
Mar. 31, 2020
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Cash Flow From Operating Activities              
Net income $ 88,809 $ 94,301 $ 45,214 $ 45,838 $ 274,117 $ 239,769  
Adjustments to reconcile net income to net cash provided by (used in) operating activities              
Provision for credit losses (24,010)   43,009   (82,018) 157,009  
Depreciation and amortization         36,109 38,707  
Addition to (recovery of) valuation allowance on mortgage servicing rights, net         (12,231) 18,481  
Amortization of mortgage servicing rights         15,624 16,416  
Amortization of other intangible assets 2,203   2,253   6,642 7,939  
Amortization and accretion on earning assets, funding, and other, net         12,184 21,748  
Net amortization of tax credit investments         25,196 18,988  
Losses (gains) on sales of investment securities, net         16 (9,222)  
Asset (gains) losses, net         (10,024) (156,945)  
(Gains) losses on sale of branch, net         (1,038) 0  
(Gain) loss on mortgage banking activities, net         (32,304) (43,889)  
Mortgage loans originated and acquired for sale         (1,345,158) (1,319,034)  
Proceeds from sales of mortgage loans held for sale         1,348,006 1,620,777  
Changes in certain assets and liabilities              
(Increase) decrease in interest receivable         11,252 (415)  
Increase (decrease) in interest payable         (13,287) (12,735)  
Increase (decrease) in expense payable         24,509 (32,892)  
(Increase) decrease in net derivative position         82,122 (133,165)  
(Increase) decrease in net income tax position         (19,940) (58,002)  
Net change in other assets and other liabilities         44,366 49,525  
Net cash provided by (used in) operating activities         364,141 423,060  
Cash Flow From Investing Activities              
Net decrease (increase) in loans         804,497 (2,170,320)  
Purchases of              
AFS securities         (1,985,700) (1,368,124)  
HTM securities         (250,259) (109,824)  
Federal Home Loan Bank and Federal Reserve Bank stocks and equity securities         (9) (84,152)  
Premises, equipment, and software, net of disposals         (34,337) (34,440)  
Other intangibles         0 (200)  
Proceeds from              
Sales of securities         158,743 626,283  
Sale of Federal Home Loan Bank and Federal Reserve Bank stocks         0 144,000  
Prepayments, calls, and maturities of AFS investment securities         927,053 893,157  
Prepayments, calls, and maturities of HTM investment securities         243,063 323,175  
Sales, prepayments, calls, and maturities of other assets         18,149 18,457  
Net change in tax credit and alternative investments         (45,655) (35,630)  
Net cash (paid) received in acquisition         0 31,518  
Net cash provided by (used in) investing activities         (162,040) (1,572,625)  
Cash Flow From Financing Activities              
Net increase (decrease) in deposits         1,400,162 2,495,229  
Net decrease in deposits due to branch sales         (31,083) 0  
Net increase (decrease) in short-term funding         70,179 (284,655)  
Net increase (decrease) in short-term FHLB advances         0 (520,000)  
Repayment of long-term FHLB advances         (18,276) (966,777)  
Proceeds from long-term FHLB advances         6,576 4,000  
Proceeds from PPPLF         0 1,022,217  
(Repayment) proceeds of finance lease principal         (1,056) (1,044)  
Repayments of Senior Debt         (300,000) 0  
Proceeds from issuance of preferred shares     (208)   0 96,921  
Proceeds from issuance of common stock for stock-based compensation plans         18,629 3,165  
Redemption of preferred shares         (164,458) 0  
Cash dividends on common stock         (86,238) (84,156)  
Cash dividends on preferred stock         (14,236) (13,152)  
Net cash provided by (used in) financing activities         767,695 1,674,484  
Net increase (decrease) in cash and cash equivalents         969,796 524,918  
Cash and cash equivalents at beginning of period   716,048   588,744 716,048 588,744 $ 588,744
Cash and cash equivalents at end of period(a) 1,685,843   1,113,663   1,685,843 1,113,663 716,048
Supplemental disclosures of cash flow information              
Cash paid for interest         69,470 137,423  
Cash paid for (received from) income and franchise taxes         56,262 17,682  
Loans and bank premises transferred to OREO         33,794 12,599  
Capitalized mortgage servicing rights         11,761 11,495  
Loans transferred into held for sale from portfolio, net         10,071 260,856  
Unsettled trades to purchase securities         9,855 1,000  
Acquisition              
Fair value of assets acquired, including cash and cash equivalents 0   457,878   0 457,878  
Fair value ascribed to goodwill and intangible assets 0   22,150   0 22,150  
Fair value of liabilities assumed 0   480,028   0 480,028  
Restricted Cash and Cash Equivalents              
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Total 1,685,843   1,113,663   1,685,843 1,113,663 $ 716,048
Retained Earnings              
Cash Flow From Operating Activities              
Net income $ 88,809 $ 94,301 $ 45,214 $ 45,838 274,117 239,769  
ABRC              
Proceeds from              
Sales, prepayments, calls, and maturities of other assets           256,511  
Whitnell              
Proceeds from              
Sales, prepayments, calls, and maturities of other assets         2,415    
Performance/Service Based RSAs, RSA,              
Cash Flow From Financing Activities              
Payments for Repurchase of Common Stock         (4,562) (6,010)  
Board Authorized Purchase Program [Member]              
Cash Flow From Financing Activities              
Payments for Repurchase of Common Stock         $ (107,943) $ (71,255)