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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 45,199 $ 47,388
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Provision for credit losses 5,000 3,300
Depreciation and amortization 13,094 11,968
(Recovery of) addition to valuation allowance on mortgage servicing rights, net (156) (5,216)
Amortization of mortgage servicing rights 2,725 4,989
Amortization of other intangible assets 991 1,011
Amortization and accretion on earning assets, funding, and other, net 6,537 14,069
Tax impact of stock-based compensation 545 59
(Gain) loss on sales of investment securities, net and impairment write-downs (378) (300)
(Gain) loss on sales of assets and impairment write-downs, net (728) (836)
Gain on mortgage banking activities, net (4,100) (15,493)
Mortgage loans originated and acquired for sale (203,764) (681,410)
Proceeds from sales of mortgage loans held for sale 224,348 779,022
(Increase) decrease in interest receivable (3,009) (3,226)
Increase (decrease) in interest payable (6,474) (7,276)
Net change in other assets and other liabilities (6,165) (14,637)
Net cash provided by (used in) operating activities 73,665 133,412
CASH FLOWS FROM INVESTING ACTIVITIES    
Net (increase) decrease in loans (555,979) (179,438)
Purchases of:    
Available for sale securities (273,627) (511,419)
Premises, equipment, and software, net of disposals (10,848) (16,223)
FHLB stock (111) 0
Held to maturity securities (18,857) (13,240)
Other assets (850) (797)
Proceeds from:    
Sales of available for sale securities 80,025 61,457
Sale of FHLB stock 0 14,399
Prepayments, calls and maturities of investment securities 180,880 403,763
Prepayments, calls, and maturities of other assets 11,036 9,385
Sales of loans originated for investment 0 12,172
Net cash provided by (used in) investing activities (588,331) (219,941)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase (decrease) in deposits 242,760 481,429
Net increase (decrease) in short-term funding 506,980 (557,387)
Repayment of long-term funding (155,009) (100,076)
Proceeds from issuance of preferred stock   0
Redemption of preferred stock (806) 0
Cash dividends on common stock (14,639) (13,483)
Cash dividends on preferred stock (1,244) (1,300)
Purchase of treasury stock (42,199) (33,125)
Net cash provided by (used in) financing activities 535,843 (223,942)
Net increase (decrease) in cash and cash equivalents 21,177 (310,471)
Cash and cash equivalents at beginning of period 602,245 737,873
Cash and cash equivalents at end of period 623,422 427,402
Supplemental disclosures of cash flow information:    
Cash paid for interest 19,578 24,946
Cash (received) paid for income taxes 4,165 0
Loans and bank premises transferred to other real estate owned 6,343 12,408
Capitalized mortgage servicing rights $ 1,725 $ 5,902