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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash Flows from Operating Activities:    
Net income $ 329,680 $ 381,668
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 34,316 664
Depreciation and amortization 24,915 24,603
Amortization of discounts and premiums, net (3,381) (25,114)
Amortization of core deposit intangibles 208 1,994
Net gain on sales of securities (28,915) (413)
Net gain on sales of loans (87,200) (49,809)
Stock-based compensation 27,283 24,611
Deferred tax (benefit) expense (12,324) 37,569
Changes in operating assets and liabilities:    
Decrease in other assets 536,552 353,403
Increase (decrease) in other liabilities 181,400 (11,608)
Origination of loans held for sale (1,623,848) (3,579,435)
Proceeds from sales of loans originated for sale 1,936,162 3,237,704
Net cash provided by operating activities 1,314,848 395,837
Cash Flows from Investing Activities:    
Proceeds from repayment of securities held to maturity 175,375 2,356,766
Proceeds from repayment of securities available for sale 336,429 50,010
Proceeds from sales of securities held to maturity 547,925  
Proceeds from sales of securities available for sale 246,209 264,413
Purchases of securities held to maturity (13,030) (10,086)
Purchase of securities available for sale (390,932) (271,836)
Redemption of Federal Home Loan Bank stock 79,254 463,623
Purchase of Federal Home Loan Bank stock (67,794) (386,007)
Proceeds from sales of loans 2,260,687 1,354,796
Other changes in loans, net (664,320) (2,623,161)
Purchase of premises and equipment, net (26,722) (69,665)
Net cash provided by investing activities 2,483,081 1,128,853
Cash Flows from Financing Activities:    
Net increase in deposits 5,294 712,841
Net decrease in short-term borrowed funds (460,000) (1,927,800)
(Repayments of) proceeds from long-term borrowed funds (850,000) 181,000
Net proceeds from issuance of preferred stock 502,840  
Cash dividends paid on common stock (249,094) (248,081)
Cash dividends paid on preferred stock (16,414)  
Payments relating to treasury shares received for restricted stock award tax payments (10,978) (8,542)
Net cash used in financing activities (1,078,352) (1,290,582)
Net increase in cash and cash equivalents 2,719,577 234,108
Cash and cash equivalents at beginning of period 557,850 537,674
Cash and cash equivalents at end of period 3,277,427 771,782
Supplemental information:    
Cash paid for interest 330,182 283,418
Cash paid for income taxes 110,651 135,192
Non-cash investing and financing activities:    
Transfers to other real estate owned from loans 9,558 18,691
Transfer of loans from held for investment to held for sale 1,881,532 1,339,679
Shares issued for restricted stock awards 11,028 $ 8,985
Securities transferred from held to maturity to available for sale $ 3,040,305