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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash Flows from Operating Activities          
Net income $ 25,940 $ 48,015 $ 176,042 $ 175,099 $ 161,109
Adjustments to reconcile net income to net cash provided by operating activities:          
Reversal for credit losses     (2,500) (15,650) (11,400)
Provision for losses on other real estate owned     691 176 547
Deferred tax liability.     34,554 15,949 2,004
Depreciation and amortization     7,265 7,490 7,574
Net gains on sale and transfers of other real estate owned     (2,661) (546) (2,012)
Net gains on sale of loans     (285) (786)
Proceeds from sale of loans     7,500 20,079 32,530
Originations of loans held for sale     (12,665) (37,447)
Amortization on alternative energy partnerships, venture capital and other investments     4,572 28,897 25,058
Write-down on impaired securities     206 3,875
Gain on sales and calls of securities     (1,006) (5,104) (526)
Other non-cash interest income     (1,740) (1,272) (332)
Amortization of security premiums, net     2,945 6,371 5,140
Excess tax short-fall from stock options     5,348
Stock based and stock issued to officers and directors compensation expense     5,734 4,963 4,950
Net change in accrued interest receivable and other assets     25,747 13,478 (3,429)
Gain from acquisition     (5,628)
Net change in other liabilities     (2,641) (2,784) (15,506)
Net cash provided by operating activities     248,874 234,402 176,697
Cash Flows from Investing Activities          
Decrease/(increase) in short-term investments and interest bearing deposits     796,322 (430,187) (47,266)
Purchase of investment securities available-for-sale     (339,814) (941,327) (295,497)
Proceeds from maturity and call of investment securities available-for-sale     490,950 460,000 165,000
Proceeds from sale of investment securities available-for-sale     111,704 294 385,234
Purchase of mortgage-backed securities available-for-sale     (267,760) (1,280,870)
Proceeds from repayment and sale of mortgage-backed securities available-for-sale     71,645 758,271 749,219
Purchase of Federal Home Loan Bank stock     (8,160) (1,650)
Redemption of Federal Home Loan Bank stock     13,482 1,650 13,535
Redemption of Federal Reserve Bank stock     8,733
Net increase in loans     (963,858) (1,051,952) (829,501)
Purchase of premises and equipment     (3,188) (3,523) (3,518)
Proceeds from sales of premises and equipment     5,598 12 602
Proceeds from sales of other real estate owned     18,357 7,699 12,154
Increase in investment in affordable housing and alternative energy partnerships     (40,284) (82,966) (53,235)
Acquisitions, net of cash acquired     (118,392) 6,572
Net cash used in investing activities     (224,665) (1,283,679) (1,177,571)
Cash Flows from Financing Activities          
Net increase in deposits     201,224 1,166,044 1,305,255
Net decrease in federal funds purchased and securities sold under agreements to repurchase     (250,000) (50,000) (50,000)
Advances from Federal Home Loan Bank     4,823,000 3,555,000 5,092,000
Repayment of Federal Home Loan Bank borrowings     (4,773,000) (3,480,000) (5,242,000)
Cash dividends     (69,888) (59,274) (45,283)
Purchase of treasury stock     (54,441) (59,412)
Proceeds from issuance of long-term debt and other borrowings     75,000
Proceeds from shares issued to Dividend Reinvestment Plan     2,528 2,277 4,175
Proceeds from exercise of stock options     1,094 7,661 5,014
Taxes paid related to net share settlement of RSUs     (5,128) (103) (227)
Excess tax short-fall from share-based payment arrangements     (5,348)
Net cash provided by financing activities     4,830 1,087,164 1,004,174
Increase in cash and cash equivalents     29,039 37,887 3,300
Cash and cash equivalents, beginning of the year     218,017 180,130 176,830
Cash and cash equivalents, end of the year 247,056 218,017 247,056 218,017 180,130
Supplemental disclosure of cash flow information          
Interest     81,069 81,793 72,870
Income taxes     76,709 38,671 69,074
Non-cash investing and financing activities:          
Net change in unrealized holding gain/(loss) on securities available-for-sale, net of tax     485 3,886 (2,259)
Net change in unrealized gain/(loss) on interest rate swaps designated as cash flow hedges     719 825 (598)
Transfers to other real estate owned from loans held for investment     1,243 2,698 866
Loans transferred to loans held for sale     8,000 7,953 6,684
Loans to facilitate the sale of other real estate owned     10,500 2,616
Issuance of stock related to acquisition     34,862 82,857
Supplemental disclosure for acquisitions          
Goodwill 372,189 372,189 372,189 372,189  
Business Acquired During the Period [Member]          
Supplemental disclosure for acquisitions          
Cash and cash equivalents 166,932 166,932 63,579
Short-term investments 122,000 122,000
Securities available-for-sale 88,044 88,044 2,370
FHLB and FRB stock 19,890 19,890
Loans 705,792 705,792 419,219
Premises and equipment 6,239 6,239 13,291
Other real estate owned     3,048
Cash surrender value of life insurance 46,083 46,083
Deferred tax assets, net 40,690 40,690
Goodwill 55,849
Core deposit intangible 6,122 6,122 1,302
Accrued interest receivable and other assets 10,689 10,689 2,884
Total assets acquired 1,212,481 1,212,481 561,542
Deposits 813,888 813,888 420,623
Advances from Federal Home Loan Bank 30,000 30,000
Accrued interest payable and other liabilities 8,512 8,512 1,056
Total liabilities assumed 852,400 852,400 421,679
Net assets acquired $ 360,081 360,081 139,863
Cash paid     285,324 57,006
Fair value of common stock issued     34,862 82,857
Total consideration paid     $ 320,186 $ 139,863