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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
OPERATING ACTIVITIES    
Net income $ 100,231 $ 67,621
Adjustments to reconcile net income to cash provided by operating activities:    
Provision (credit) for loan and lease losses 7,605 8,231
Deferred tax expense (benefit) (5,573) 6,693
Net change in current taxes 33,128 27,462
Depreciation 23,179 22,616
Net increase (decrease) in accrued interest payable (2,454) 150
Net (increase) decrease in income earned not collected (1,358) (617)
Gain on acquisitions 0 (12,017)
Securities (gains) losses, net 0 24
Marketable equity securities gain (loss), net (971) 0
Gain on extinguishment of debt (25,814) 0
Loss on termination of FDIC shared-loss agreements 0 45
Origination of loans held for sale (131,353) (134,932)
Proceeds from sale of loans held for sale 138,538 162,837
Gain on sale of loans held for sale (2,666) (3,456)
(Gain) loss on sale of portfolio loans 0 (164)
Net writedowns/losses on other real estate 1,210 1,717
(Gain) loss on sales of premises and equipment 0 (156)
Net accretion of premiums and discounts (10,323) (10,985)
Amortization of intangible assets 6,049 5,271
Reduction FDIC receivable for shared-loss agreements (1,834) 2,591
Net increase (decrease) in FDIC payable for shared-loss agreements 1,124 1,005
Net change in other assets 342,312 (15,078)
Net change in other liabilities (12,642) 8,741
Net cash provided by operating activities 458,388 137,599
INVESTING ACTIVITIES    
Net change in loans outstanding (7,283) (105,100)
Purchases of investment securities available for sale (374,850) (871,698)
Payments to Acquire Marketable Securities (2,272) 0
Proceeds from maturities of investment securities held to maturity 2 15
Proceeds from maturities of investment securities available for sale 503,717 787,182
Proceeds from sales of investment securities available for sale 0 14,162
Proceeds from Sale and Maturity of Marketable Securities 664 0
Net change in overnight investments (558,955) (856,442)
Proceeds from sales of portfolio loans 0 32,294
Cash (paid to) received from the FDIC for shared-loss agreements 0 (2,760)
Net payment to the FDIC for termination of shared-loss agreements 0 (285)
Proceeds from sale of other real estate 8,380 8,845
Proceeds fro sales of premises and equipment 13 2,205
Additions to premises and equipment (24,081) (15,459)
Net cash acquired in business acquisitions 0 25,646
Net cash (used) provided by investing activities (454,665) (981,395)
FINANCING ACTIVITIES    
Net change in time deposits (92,064) (107,339)
Net change in demand and other interest-bearing deposits 795,034 827,009
Net change in short-term borrowings (139,049) 87,100
Repayment of long-term obligations (651,451) (442)
Cash dividends paid (4,204) 0
Net cash provided (used) by financing activities (91,734) 806,328
Change in cash and due from banks (88,011) (37,468)
Cash and due from banks at beginning of period 336,150 539,741
Cash and due from banks at end of period 248,139 502,273
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES:    
Transfers of loans to other real estate 6,582 5,822
Dividends declared but not paid 4,204 3,603
Transfer of Portfolio Loans and Leases to Held-for-sale $ 0 $ 32,130