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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash Flows From Operating Activities: [Abstract]      
Net income $ 435,071 $ 500,685 $ 446,424
Adjustments to reconcile net income to net cash provided by (used in) operating activities: [Abstract]      
Provision for credit losses 222,592 44,000 8,000
Change in fair value of mortgage servicing rights due to market changes 79,524 53,517 (4,668)
Change in fair value of mortgage servicing rights due to principal payments 41,598 38,979 33,528
Net unrealized losses (gains) from derivative contracts (59,253) (25,936) 4,686
Share-based compensation 16,392 15,544 4,229
Depreciation and amortization 99,013 95,416 60,843
Net amortization of discounts and premiums 5,357 (16,984) 30,945
Net losses (gains) on financial instruments and other losses (gains), net (15,949) (583) 9,585
Net gain on mortgage loans held for sale (114,545) (40,402) (35,705)
Mortgage loans originated for sale (3,764,112) (3,025,930) (2,587,297)
Proceeds from sale of mortgage loans held for sale 3,817,475 3,035,600 2,691,144
Capitalized mortgage servicing rights (31,209) (35,128) (35,247)
Change in trading and fair value option securities (2,103,931) (483,007) (1,023,097)
Change in receivables 945,087 (740,868) (38,346)
Change in other assets 1,739 18,955 27,507
Change in other liabilities 8,895 92,463 (144,537)
Net cash provided by (used in) operating activities (416,256) (473,679) (552,006)
Cash Flows From Investing Activities: [Abstract]      
Proceeds from maturities or redemptions of investment securities 46,992 60,128 124,864
Proceeds from maturities or redemptions of available for sale securities 2,695,067 1,841,069 1,122,680
Purchases of investment securities 0 0 (4,468)
Purchases of available for sale securities (4,575,324) (5,245,256) (1,955,172)
Proceeds from sales of available for sale securities 384,507 1,211,718 745,643
Change in amount receivable on unsettled available for sale securities transactions (6,357) 25,410 38,347
Loans originated, net of principal collected (1,103,752) (44,414) (1,553,033)
Net payments on derivative asset contracts (121,130) 33,566 (114,417)
Acquisitions, net of cash acquired 0 0 (175,755)
Net change in restricted equity securities 289,161 116,105 18,997
Proceeds from disposition of assets 73,135 62,576 289,765
Purchases of assets (141,134) (384,639) (345,082)
Net cash provided by (used in) investing activities (2,458,835) (2,323,737) (1,807,631)
Cash Flows From Financing Activities: [Abstract]      
Net change in demand deposits, transaction deposits and savings accounts 8,773,433 2,252,936 (13,870)
Net change in time deposits (250,721) 104,288 (73,089)
Net change in other borrowed funds (5,091,026) 1,110,970 1,295,484
Change in amount due on unsettled security purchases 63,521 (41,651) (41,319)
Issuance of common and treasury stock, net (4,933) (7) (88)
Net change in derivative margin accounts (600,218) (207,122) 85,466
Net payments or proceeds on derivative liability contracts 127,054 (33,622) 114,076
Repurchase of common stock (75,830) (129,483) (53,465)
Dividends paid (144,437) (143,496) (127,188)
Net cash provided by (used in) financing activities 2,796,843 2,912,813 1,186,007
Net increase (decrease) in cash and cash equivalents (78,248) 115,397 (1,173,630)
Cash and cash equivalents at beginning of period 1,258,821 1,143,424 2,317,054
Cash and cash equivalents at end of period 1,180,573 1,258,821 1,143,424
Supplemental Cash Flow Information: [Abstract]      
Cash paid for interest 160,288 417,070 243,121
Cash paid for taxes 136,181 87,361 92,291
Net loans and bank premises transferred to repossessed real estate and other assets 85,323 10,665 9,880
Increase in U.S. government guaranteed loans eligible for repurchase 290,977 91,634 100,238
Increase in receivables from conveyance of GNMA OREO 11,322 28,669 38,216
Right-of-use assets obtained in exchange for operating lease liabilities $ 16,177 $ 62,755 $ 0