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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash Flows from Operating Activities    
Net income $ 81,180 $ 66,343
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:    
Credit for loan losses (7,150) (3,700)
Provision for losses on other real estate owned 368 1,616
Deferred tax liability 8,797 10,483
Depreciation and amortization 6,864 3,896
Net gains on sale and transfer of other real estate owned (2,003) (2,373)
Net gains on sale of loans (763) (216)
Proceeds from sales of loans 19,170 9,914
Originations of loans held-for-sale (17,433) (9,699)
Net change in trading securities   4,936
Write-downs on venture capital investments 327 268
Write-downs on impaired securities 3,875  
Net gains on sales and calls of securities (522) (6,466)
Amortization/accretion of security premiums/discounts, net 1,770 1,723
Excess tax short-fall from share-based payment arrangements 5,619 1,177
Stock based compensation and stock issued to officers as compensation 2,738 1,997
Net change in accrued interest receivable and other assets (15,041) (6,644)
Net change in other liabilities (1,423) (6,529)
Net cash provided by operating activities 86,373 66,726
Cash Flows from Investing Activities    
Decrease/(increase) in short-term investments 440,903 (286,638)
Purchase of investment securities available-for-sale (1,223,504) (350,834)
Proceeds from sale of investment securities available-for-sale 958,656 466,867
Proceeds from repayments, maturities and calls of investment securities available-for-sale 36,512 175,398
Purchase of Federal Home Loan Bank stock   (6,043)
Redemptions of Federal Home Loan Bank stock 13,535 5,371
Net increase in loans (581,379) (476,774)
Purchase of premises and equipment (1,383) (3,317)
Proceeds from sales of other real estate owned 10,139 17,931
Investment in affordable housing & alternative energy partnerships (19,590) (3,588)
Net cash used in investing activities (366,111) (461,627)
Cash Flows from Financing Activities    
Net increase in deposits 555,369 599,146
Net decrease in federal funds purchased and securities sold under agreements to repurchase (50,000) (100,000)
Advances from Federal Home Loan Bank 4,632,000 6,452,400
Repayment of Federal Home Loan Bank borrowings (4,847,000) (6,452,400)
Cash dividends paid (19,170) (9,556)
Repayment of other borrowings   (2,000)
Proceeds from shares issued under Dividend Reinvestment Plan 2,752 875
Proceeds from exercise of stock options 1,713  
Taxes paid related to net share settlement of RSUs (204) (274)
Excess tax short-fall from share-based payment arrangements (5,619) (1,177)
Net cash provided by financing activities 269,841 487,014
Increase in cash and cash equivalents (9,897) 92,113
Cash and cash equivalents, beginning of the period 176,830 153,747
Cash and cash equivalents, end of the period 166,933 245,860
Cash paid during the period:    
Interest 34,505 38,910
Income taxes paid 43,534 40,864
Non-cash investing and financing activities:    
Net change in unrealized holding gain on securities available-for-sale, net of tax 2,046 21,096
Net change in unrealized holding gain/(loss) on cash flow hedge derivatives 740 (263)
Transfers to other real estate owned from loans held for investment $ 866 $ 975