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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash Flows from Operating Activities    
Net income $ 138,745 $ 102,491
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, and accretion, including amortization of purchase accounting adjustments and market value adjustments (562) 1,825
Provision for loan and lease losses 15,581 18,204
Share-based compensation cost - equity awards 9,980 7,111
(Gain)/loss on sale of OREO and long-lived assets, net of impairment 5,131 (2,950)
Loss/(gain) on sale of available for sale securities 56 (59)
Expense/(benefit) for deferred income taxes 11,715 10,040
Originations of mortgage loans held for sale (774,849) (919,207)
Proceeds from sales of mortgage loans held for sale 848,116 965,042
Realized and unrealized (gain)/loss on mortgage loans held for sale, net (22,688) (33,110)
Other operating activities, net 14,303 (2,355)
Net Cash Provided by Operating Activities 245,528 147,032
Cash Flows from Investing Activities    
Proceeds from sales of available for sale securities 18,867 64,144
Proceeds from maturities, prepayments and calls of available for sale securities 311,340 236,468
Purchases of available for sale securities, net of available for sale securities acquired (511,074) (856,187)
Proceeds from maturities, prepayments and calls of held to maturity securities 4,746 4,267
Purchases of equity securities, net of equity securities acquired (11,545) (1,180)
Proceeds from sales of equity securities 70,371 5,059
Increase in loans, net of loans acquired (501,618) (481,482)
Proceeds from sales of premises and equipment 2,003 2,365
Purchases of premises and equipment, net of premises and equipment acquired (8,304) (24,001)
Proceeds from dispositions of OREO 11,431 9,949
Cash paid for additional investment in tax credit entities (1,831) (2,827)
Cash received for acquisition of a business, net of cash paid 99,318 0
Purchase of bank owned life insurance policies (50,000) 0
Other investing activities, net 554 1,267
Net Cash Used in Investing Activities (565,742) (1,042,158)
Cash Flows from Financing Activities    
Increase/(decrease) in deposits, net of deposits acquired 899,752 (554,983)
Net change in short-term borrowings 62,916 74,799
Proceeds from long-term debt, net of long-term debt acquired 440,299 50,000
Repayments of long-term debt (902,262) (11,252)
Cash dividends paid on common stock (41,508) (34,476)
Cash dividends paid on preferred stock (4,547) (4,548)
Net share-based compensation stock transactions (2,102) (2,374)
Payments to repurchase common stock (30,670) 0
Net proceeds from issuance of common stock 0 485,194
Net Cash Provided by Financing Activities 421,878 2,360
Net Increase (Decrease) In Cash and Cash Equivalents 101,664 (892,766)
Cash and Cash Equivalents at Beginning of Period 625,724 1,362,126
Cash and Cash Equivalents at End of Period 727,388 469,360
Supplemental Schedule of Non-cash Activities    
Acquisition of real estate in settlement of loans 2,722 6,467
Common stock issued in acquisitions 214,659 0
Cash paid for:    
Interest on deposits and borrowings 83,057 40,778
Income taxes, net $ 19,006 $ 40,872