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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Cash Flow From Operating Activities              
Net income $ 86,824 $ 74,262 $ 91,007 $ 94,301 $ 161,086 $ 185,307  
Adjustments to reconcile net income to net cash provided by (used in) operating activities              
Provision for credit losses (2)   (35,004)   (3,992) (58,009)  
Depreciation and amortization         22,741 24,200  
Change in MSRs valuation(a)         (19,400) (10,239)  
Amortization of other intangible assets 2,203   2,203   4,405 4,439  
Amortization and accretion on earning assets, funding, and other, net         10,315 10,796  
Net amortization of tax credit investments         17,072 16,552  
Losses (gains) on sales of investment securities, net         (12) 16  
Asset (gains), net         (1,865) (4,796)  
(Gains) on sale of branch, net         0 (1,038)  
(Gain) loss on mortgage banking activities, net         3,036 (24,008)  
Mortgage loans originated and acquired for sale         (403,951) (889,315)  
Proceeds from sales of mortgage loans held for sale         500,410 884,581  
Changes in certain assets and liabilities              
(Increase) decrease in interest receivable         (14,898) 8,466  
(Decrease) increase in interest payable         1,501 (4,907)  
(Decrease) increase in expense payable         (24,791) 11,274  
Decrease in net derivative position         231,332 56,833  
Net change in other assets and other liabilities         6,051 20,049  
Net cash provided by operating activities         489,039 230,202  
Cash Flow From Investing Activities              
Net decrease (increase) in loans         (2,271,051) 478,170  
Purchases of              
AFS securities         (502,912) (1,162,109)  
HTM securities         (202,271) (81,368)  
Federal Home Loan Bank and Federal Reserve Bank stocks and equity securities         (69,339) (1)  
Premises, equipment, and software, net of disposals         (33,373) (19,706)  
Proceeds from              
Sales of AFS and equity securities         1,069 158,743  
Prepayments, calls, and maturities of AFS securities         296,179 699,584  
Prepayments, calls, and maturities of HTM securities         111,796 195,107  
Sales, prepayments, calls, and maturities of other assets         23,523 12,421  
Net change in tax credit and alternative investments         (34,186) (34,200)  
Net cash provided by (used in) investing activities         (2,680,566) 249,056  
Cash Flow From Financing Activities              
Net increase in deposits         110,280 813,098  
Net decrease in deposits due to branch sales         0 (31,083)  
Net increase (decrease) in short-term funding         351,358 (26,112)  
Net increase in short-term FHLB advances         2,045,000 0  
Repayment of long-term FHLB advances         (408,870) (18,049)  
Proceeds from long-term FHLB advances         916 5,251  
(Repayment) proceeds of finance lease principal         348 (1,035)  
Proceeds from issuance of common stock for stock-based compensation plans         6,793 18,174  
Payments for Repurchase of Redeemable Preferred Stock         0 65,000  
Cash dividends on common stock         (60,914) (55,693)  
Cash dividends on preferred stock         (5,750) (10,082)  
Net cash provided by financing activities         2,033,084 577,074  
Net increase (decrease) in cash and cash equivalents         (158,444) 1,056,332  
Cash and cash equivalents at beginning of period   1,025,515   716,048 1,025,515 716,048 $ 716,048
Cash and cash equivalents at end of period(b) 867,071   1,772,379   867,071 1,772,379 $ 1,025,515
Supplemental disclosures of cash flow information              
Cash paid for interest         33,533 44,782  
Cash (received from) income and franchise taxes         2,432 54,179  
Loans and bank premises transferred to OREO         1,817 18,535  
Capitalized mortgage servicing rights         5,231 7,488  
Loans transferred from held for sale into portfolio, net         4,149 9,970  
Transfer of AFS securities to HTM securities   1,600,000     1,621,990 0  
Unsettled trades to purchase securities         1,450 0  
Retained Earnings              
Cash Flow From Operating Activities              
Net income $ 86,824 $ 74,262 $ 91,007 $ 94,301 161,086 185,307  
ABRC              
Proceeds from              
Sales, prepayments, calls, and maturities of other assets         0 2,415  
Performance/Service Based RSAs, RSA,              
Cash Flow From Financing Activities              
Purchase of treasury stock, open market purchases         (6,078) (4,450)  
Board Authorized Purchase Program [Member]              
Cash Flow From Financing Activities              
Purchase of treasury stock, open market purchases         $ 0 $ (47,945)