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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash Flows from Operating Activities    
Net Income $ 141,647 $ 98,437
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, and accretion 3,414 11,839
Amortization of purchase accounting adjustments, net (13,803) (14,657)
Provision for loan losses 39,255 19,197
Share-based compensation cost - equity awards 11,229 10,139
Gain on sale of assets, net (64) (2,384)
Gain on sale of available for sale securities (1,997) (1,569)
Gain on sale of OREO, net (5,798) (3,216)
Amortization of premium/discount on securities, net 16,288 13,217
Expense for deferred income taxes 3,008 3,244
Originations of mortgage loans held for sale (1,922,021) (1,880,856)
Proceeds from sales of mortgage loans held for sale 1,940,605 1,887,468
Realized and unrealized gains on mortgage loans held for sale, net (77,271) (60,109)
Tax benefit associated with share-based payment arrangements (115) (408)
Other operating activities, net 41,427 43,010
Net Cash Provided by Operating Activities 175,804 123,352
Cash Flows from Investing Activities    
Proceeds from sales of available for sale securities 197,733 212,278
Proceeds from maturities, prepayments and calls of available for sale securities 349,361 367,064
Purchases of available for sale securities (594,143) (934,638)
Proceeds from maturities, prepayments and calls of held to maturity securities 7,597 17,937
Purchases of equity securities (31,380) 0
Reimbursement of recoverable covered asset losses (to) from the FDIC (7,173) 1,429
Increase in loans, net of loans acquired (568,844) (491,545)
Proceeds from sale of premises and equipment 1,200 9,113
Purchases of premises and equipment, net of premises and equipment acquired (9,436) (14,144)
Proceeds from disposition of OREO 28,089 38,739
Cash paid for additional investment in tax credit entities (16,817) (7,868)
Cash received in excess of cash paid for acquisitions 0 425,581
Other investing activities, net (490) 14,695
Net Cash Used in Investing Activities (644,303) (361,359)
Cash Flows from Financing Activities    
Increase in deposits, net of deposits acquired 344,130 1,092,943
Net change in short-term borrowings, net of borrowings acquired 386,655 (624,811)
Proceeds from long-term debt 346,754 63,125
Repayments of long-term debt (13,826) (200,031)
Cash dividends paid on common stock (42,003) (38,334)
Cash dividends paid on preferred stock (6,077) 0
Net share-based compensation stock transactions 118 1,421
Payments to repurchase common stock (11,666) 0
Net proceeds from issuance of preferred stock 55,285 77,463
Tax benefit associated with share-based payment arrangements 115 408
Net Cash Provided by Financing Activities 1,059,485 372,184
Net Increase in Cash and Cash Equivalents 590,986 134,177
Cash and Cash Equivalents at Beginning of Period 510,267 548,095
Cash and Cash Equivalents at End of Period 1,101,253 682,272
Supplemental Schedule of Non-cash Activities    
Acquisition of real estate in settlement of loans 5,813 14,921
Common stock issued in acquisitions 0 474,753
Supplemental Disclosures Cash Paid For    
Interest on deposits and borrowings 46,656 42,899
Income taxes, net $ 54,560 $ 28,929