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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash Flows from Operating Activities    
Net income $ 89,584 $ 72,901
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:    
Provision (credit) for loan losses (9,000) 25,000
Provision for losses on other real estate owned 10,362 9,088
Deferred tax liability 5,901 4,380
Depreciation 4,435 4,577
Net gains on sale and transfer of other real estate owned (700) (4,842)
Net gains on sale of loans (618) (2,851)
Proceeds from sales of loans 58,505 20,699
Originations of loans held-for-sale (57,861) (10,992)
Increase in trading securities, net (79) (153,440)
Write-downs on venture capital investments 226 57
Gain on sales and calls of securities (13,241) (20,243)
Decrease in unrealized loss from interest rate swaps mark-to-market (2,634) (2,580)
Amortization/accretion of security premiums/discounts, net 3,800 2,903
Amortization of other intangible assets 4,368 4,475
Excess tax short-fall from share-based payment arrangements 679 276
Stock based compensation expense 1,801 1,278
Stock issued to officers as compensation 450  
Decrease in deferred loan fees, net 587 739
Decrease in accrued interest receivable 2,684 5,463
Decrease in other assets, net 28,475 7,297
(Decrease)/increase in other liabilities (1,365) 4,214
Net cash provided by/(used in) operating activities 126,359 (31,601)
Cash Flows from Investing Activities    
(Increase)/decrease in short-term investments (131,500) 172,629
Increase in securities purchased under agreements to resell   30,000
Purchase of investment securities available-for-sale (317,597) (371,116)
Proceeds from maturities and calls of investment securities available-for-sale 494,199 385,000
Proceeds from sale of investment securities available-for-sale 60,951 503,561
Purchase of mortgage-backed securities available-for-sale (654,386) (403,123)
Proceeds from repayment of mortgage-backed securities available-for-sale 78,758 83,594
Proceeds from sale of mortgage-backed securities available-for-sale 368,972 759,654
Purchase of mortgage-backed securities held-to-maturity   (480,083)
Proceeds from maturities and calls of investment securities held-to-maturity 301,981 82,703
Redemptions of Federal Home Loan Bank stock 7,496 7,698
Net increase in loans (224,244) (283,232)
Purchase of premises and equipment (2,312) (1,995)
Proceeds from sale of other real estate owned 33,167 50,115
Net increase in investment in affordable housing (2,639) (968)
Net cash provided by investing activities 12,846 534,437
Cash Flows from Financing Activities    
Net increase in demand deposits, NOW accounts, money market and savings deposits 461,314 108,622
Net (decrease)/increase in time deposits (337,224) 25,062
Net decrease in federal funds purchased and securities sold under agreements to repurchase (50,000) (153,500)
Advances from Federal Home Loan Bank 406,200 3,473
Repayment of Federal Home Loan Bank borrowings (610,000) (348,473)
Dividends paid on common stock (2,361) (2,359)
Dividends paid on preferred stock (9,675) (9,675)
Repayment of other borrowings (880) (5,695)
Proceeds from shares issued under Dividend Reinvestment Plan 211 205
Proceeds from exercise of stock options 647 1,306
Excess tax short-fall from share-based payment arrangements (679) (276)
Net cash used in financing activities (142,447) (381,310)
(Decrease)/increase in cash and cash equivalents (3,242) 121,526
Cash and cash equivalents, beginning of the period 117,888 87,347
Cash and cash equivalents, end of the period 114,646 208,873
Cash paid during the period:    
Interest 87,383 111,300
Income taxes paid 24,908 39,750
Non-cash investing and financing activities:    
Net change in unrealized holding gain/(loss) on securities available-for-sale, net of tax 10,679 (4,469)
Loans to facilitate sale of loans   6,094
Transfers to other real estate owned from loans held for investment 13,216 73,161
Transfers to other real estate owned from loans held for sale   2,873
Loans transferred from held for investment to held for sale,net 234 4,139
Loans to facilitate the sale of other real estate owned $ 1,785 $ 7,703