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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash Flows from Operating Activities      
Net income/(loss) $ 100,755 $ 12,175 $ (66,779)
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit losses 27,000 156,900 307,000
Provision for losses on other real estate owned 10,385 20,139 28,216
Deferred tax liability/(benefit) 13,808 (38,504) (37,115)
Depreciation 6,079 4,619 7,695
Net (gains)/losses on sale and transfers of other real estate owned (5,243) (9,977) 2,065
Net gains on sale of loans (3,354) (149) (4,761)
Net gains on sale of loans held for sale (88) (779)  
Proceeds from sale of loans 46,377 7,481 44,597
Originations of loans held for sale (14,027) (7,332) (9,418)
Write-down on loans held for sale   3,160  
(Decrease)/increase in unrealized loss from interest rate swaps (3,874) 5,814  
Purchase of trading securities (745) (3,795)  
Write-down on venture capital and other investments 379 515 1,982
Write-downs on impaired securities 200 492 817
Gain on sales and calls of securities (21,131) (19,253) (56,461)
Other non-cash interest (480) (794) 7
Amortization of security premiums, net 4,233 6,667 2,816
Amortization of other intangible assets 5,965 6,034 6,703
Excess tax short-fall from stock options 290 539 196
Stock based compensation expense 1,758 3,337 5,725
Decrease in accrued interest receivable 3,156 600 7,621
Noncontrolling interest. (605) (610) (611)
Increase/(decrease) in other assets, net (534) 34,594 (63,426)
Increase/(decrease) in other liabilities 3,746 (13,368) (30,461)
Net cash provided by operating activities 174,050 168,505 146,408
Cash Flows from Investing Activities      
(Increase)/decrease in short-term investments (88,634) 48,404 (229,726)
Decrease/(increase) in securities purchased under agreements to resell 110,000 (110,000) 201,000
Purchase of investment securities available-for-sale (571,093) (3,366,780) (1,573,823)
Proceeds from maturity and call of investment securities available-for-sale 435,000 2,876,414 1,428,468
Proceeds from sale of investment securities available-for-sale 524,958 65,139 51,679
Purchase of mortgage-backed securities available-for-sale (541,356)   (2,487,276)
Proceeds from repayment and sale of mortgage-backed securities available-for-sale 868,023 1,351,018 2,760,904
Purchase of investment securities held-to-maturity   (150,164) (99,858)
Purchase of mortgage-backed securities held-to-maturity (480,083) (165,527) (536,262)
Proceeds from maturity and call of investment securities held-to-maturity 163,855 108,067 1,057
Redemption of Federal Home Loan Bank stock 10,884 7,918  
Net (increase)/decrease in loans (362,054) (151,054) 177,690
Purchase of premises and equipment (2,888) (4,979) (12,222)
Proceeds from sales of other real estate owned 61,406 91,154 52,902
Net increase in investment in affordable housing (968) (3,015) (14,116)
Net cash provided by/(used in) investing activities 127,050 596,595 (279,583)
Cash Flows from Financing Activities      
Net increase in demand deposits, NOW accounts, money market and saving deposits 180,940 224,122 529,359
Net increase/(decrease) in time deposits 56,828 (736,549) 138,945
Net (decrease)/increase in federal funds purchased and securities sold under agreement to repurchase (161,000) 4,000 (105,000)
Advances from Federal Home Loan Bank .. 4,734,000 528,000 816,000
Repayment of Federal Home Loan Bank borrowings (5,059,000) (907,362) (1,336,000)
Cash dividends (16,046) (16,040) (22,460)
Issuance of common stock   124,928 119,448
Proceeds from other borrowings   1,253 7,212
Repayment of other borrowings (7,584)    
Proceeds from shares issued to Dividend Reinvestment Plan 287 310 1,160
Proceeds from exercise of stock options 1,306   13
Excess tax short-fall from share-based payment arrangements (290) (539) (196)
Net cash (used in)/provided by financing actvities (270,559) (777,877) 148,481
Increase/(decrease) in cash and cash equivalents 30,541 (12,777) 15,306
Cash and cash equivalents, beginning of the year 87,347 100,124 84,818
Cash and cash equivalents, end of the year 117,888 87,347 100,124
Supplemental disclosure of cash flow information      
Interest 142,644 197,762 255,243
Income taxes 53,148 13,369 25,247
Non-cash investing and financing activities:      
Net change in unrealized holding gain on securities available-for-sale, net of tax (7,710) (147) (24,202)
Adjustment to initially apply SFAS No. 160     8,500
Transfers to other real estate owned from loans held for investment 83,941 98,653 114,354
Transfers to other real estate owned from loans held for sale 2,874 21,473  
Loans transferred to loans held for sale 4,399 4,332 81,678
Loans to facilitate the sale of other real estate owned 7,472 12,204 21,272
Loans to facilitate the sale of loans $ 6,094 $ 23,500