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Consolidated Statements of Cash Flows
12 Months Ended
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Cash Flows from Operating Activities      
Net income $ 175,099,000 $ 161,109,000 $ 137,830,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Credit for loan losses (15,650,000) (11,400,000) (10,800,000)
Provision for losses on other real estate owned 176,000 547,000 1,619,000
Deferred tax liability 15,949,000 2,004,000 31,304,000
Depreciation and amortization 7,490,000 7,574,000 7,868,000
Net gains on sale and transfers of other real estate owned (546,000) (2,012,000) (4,065,000)
Net gains on sale of loans (285,000) (786,000) (395,000)
Proceeds from sale of loans 20,079,000 32,530,000 19,287,000
Originations of loans held for sale (12,665,000) (37,447,000) (19,865,000)
Income associated with debt redemption (555,000)
Amortization on alternative energy partnerships, venture capital and other investments 28,897,000 25,058,000 436,000
Write-down on impaired securities 206,000 3,875,000 820,000
Gain on sales and calls of securities (5,104,000) (526,000) (7,568,000)
Other non-cash interest income (1,272,000) (332,000) (137,000)
Amortization of security premiums, net 6,371,000 5,140,000 2,849,000
Excess tax short-fall from stock options 5,348,000 1,285,000
Stock based and stock issued to officers and directors compensation expense 4,963,000 4,950,000 4,190,000
Net change in accrued interest receivable and other assets 13,478,000 (3,429,000) (2,776,000)
Net change in other liabilities (2,784,000) (15,506,000) (11,256,000)
Net cash provided by operating activities 234,402,000 176,697,000 150,071,000
Cash Flows from Investing Activities      
(Increase)/decrease in short-term investments (430,187,000) (47,266,000) 32,260,000
Purchase of investment securities available-for-sale (941,327,000) (295,497,000) (885,782,000)
Proceeds from maturity and call of investment securities available-for-sale 460,000,000 165,000,000 585,776,000
Proceeds from sale of investment securities available-for-sale 294,000 385,234,000 160,451,000
Purchase of mortgage-backed securities available-for-sale (1,280,870,000) (307,617,000)
Proceeds from repayment and sale of mortgage-backed securities available-for-sale 758,271,000 749,219,000 768,236,000
Purchase of Federal Home Loan Bank stock (1,650,000) (18,164,000)
Redemption of Federal Home Loan Bank stock 1,650,000 13,535,000 12,379,000
Net increase in loans (1,051,952,000) (829,501,000) (824,558,000)
Purchase of premises and equipment (3,523,000) (3,518,000) (4,777,000)
Proceeds from sales of premises and equipment 12,000 602,000
Proceeds from sales of other real estate owned 7,699,000 12,154,000 29,880,000
Increase in investment in affordable housing and alternative energy partnerships (82,966,000) (53,235,000) (7,445,000)
Acquisition, net of cash acquired 6,572,000
Net cash used in investing activities (1,283,679,000) (1,177,571,000) (459,361,000)
Cash Flows from Financing Activities      
Net increase in deposits 1,166,044,000 1,305,255,000 802,281,000
Net decrease in federal funds purchased and securities sold under agreements to repurchase (50,000,000) (50,000,000) (350,000,000)
Advances from Federal Home Loan Bank 3,555,000,000 5,092,000,000 9,822,400,000
Repayment of Federal Home Loan Bank borrowings (3,480,000,000) (5,242,000,000) (9,918,600,000)
Cash dividends (59,274,000) (45,283,000) (23,104,000)
Purchase of treasury stock (54,441,000) (59,412,000)
Repayment of long-term debt and other borrowings (1,445,000)
Proceeds from shares issued to Dividend Reinvestment Plan 2,277,000 4,175,000 2,848,000
Proceeds from exercise of stock options 7,661,000 5,014,000 128,000
Taxes paid related to net share settlement of RSUs (103,000) (227,000) (850,000)
Excess tax short-fall from share-based payment arrangements (5,348,000) (1,285,000)
Net cash provided by financing activities 1,087,164,000 1,004,174,000 332,373,000
Increase in cash and cash equivalents 37,887,000 3,300,000 23,083,000
Cash and cash equivalents, beginning of the year 180,130,000 176,830,000 153,747,000
Cash and cash equivalents, end of the year 218,017,000 180,130,000 176,830,000
Supplemental disclosure of cash flow information      
Interest 81,793,000 72,870,000 78,366,000
Income taxes 38,671,000 69,074,000 60,225,000
Non-cash investing and financing activities:      
Net change in unrealized holding gain/(loss) on securities available-for-sale, net of tax 3,886,000 (2,259,000) 26,557,000
Net change in unrealized gain/(loss) on interest rate swaps designated as cash flow hedges 825,000 (598,000) (2,397,000)
Transfers to short-term investments from trading securities 4,936,000
Transfers to other real estate owned from loans held for investment 2,698,000 866,000 4,970,000
Loans transferred to loans held for sale 7,953,000 6,684,000 973,000
Loans to facilitate the sale of other real estate owned 2,616,000 413,000
Issuance of stock related to acquisition   82,857,000
Supplemental disclosure for acquisitions      
Goodwill $ 372,189,000 372,189,000  
Asia Bancshares [Member]      
Supplemental disclosure for acquisitions      
Cash and cash equivalents   63,579,000  
Securities available-for-sale   2,370,000  
Loans   419,219,000  
Premises and equipment   13,291,000  
Other real estate owned   3,048,000  
Goodwill   55,849,000  
Core deposit intangible   1,302,000  
Accrued interest receivable and other assets   2,884,000  
Total assets acquired   561,542,000  
Deposits   420,623,000  
Accrued interest payable and other liabilities   1,056,000  
Total liabilities assumed   421,679,000  
Net assets acquired   139,863,000  
Cash paid   57,006,000  
Fair value of common stock issued   82,857,000  
Total consideration paid   $ 139,863,000