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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 209,750 $ 179,028
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 58,978 48,823
(Accretion) of discount and amortization of premiums, net (152,297) (162,319)
Decrease in FDIC indemnification asset and receivable 72,520 79,700
Stock compensation costs 12,137 9,850
Deferred tax expense 12,131 64,398
Provision for loan losses 52,100 75,006
Impairment on other real estate owned 13,342 22,440
Net gain on sales of investment securities, loans and other assets (22,654) (29,586)
Originations and purchases of loans held for sale (58,237) (40,193)
Proceeds from sales of loans held for sale   30,180
Prepayment penalty for Federal Home Loan Bank advances and other borrowings, net 3,699 12,281
Prepayment penalty on modification of Federal Home Loan Bank advances (37,678)  
Net proceeds from FDIC shared-loss agreements 83,801 147,121
Net change in accrued interest receivable and other assets (71,753) (134,500)
Net change in accrued expenses and other liabilities (15,983) (100,393)
Other net operating activities (3,293) (2,383)
Total adjustments (53,187) 20,425
Net cash provided by operating activities 156,563 199,453
Net decrease (increase) in:    
Loans 88,965 (720,348)
Short-term investments (285,167) 77,551
Federal funds sold (20,000) (30,000)
Purchases of:    
Securities purchased under resale agreements (750,000) (1,119,711)
Investment securities available-for-sale (1,250,317) (2,464,002)
Loans receivable (371,352) (569,946)
Premises and equipment (5,826) (7,460)
Investments in affordable housing partnerships (45,500) (22,756)
Proceeds from sale of:    
Investment securities available-for-sale 1,130,024 602,625
Loans receivable 61,979 151,961
Loans held for sale originated for investment 338,022 607,291
Other real estate owned 76,239 135,461
Premises and equipment 12 9,200
Repayments, maturities and redemptions of investment securities available-for-sale 999,518 1,447,842
Paydowns, maturities and termination of securities purchased under resale agreements 436,434 667,887
Redemption of Federal Home Loan Bank stock 18,943 19,424
Other net investing activities (360) (99)
Net cash provided by (used in) investing activities 421,614 (1,215,080)
Net increase (decrease) in:    
Deposits 213,425 1,668,073
Short-term borrowings (25,208) (58,596)
Proceeds from:    
Issuance of common stock pursuant to various stock plans and agreements 3,136 3,663
Payment for:    
Repayment of FHLB advances (57,615) (760,274)
Repayment of long-term debt (75,000) (21,918)
Repayment of notes payable and other borrowings   (6,250)
Repurchase of common stock warrants   (14,500)
Repurchase of shares of treasury stock pursuant to the Stock Repurchase Plan (199,950)  
Cash dividends (48,472) (21,512)
Other net financing activities (2,406) (73)
Net cash (used in) provided by financing activities (192,090) 788,613
Effect of exchange rate changes on cash and cash equivalents (900) (1,047)
NET INCREASE IN CASH AND CASH EQUIVALENTS 385,187 (228,061)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 1,431,185 1,333,949
CASH AND CASH EQUIVALENTS, END OF PERIOD 1,816,372 1,105,888
Cash paid during the period for:    
Interest 104,829 135,037
Income tax payments, net of refunds 188,739 262,988
Noncash investing and financing activities:    
Loans transferred to loans held for sale, net 148,755 631,407
Transfers to other real estate owned 62,862 140,987
Loans to facilitate sales of other real estate owned and short sale 3,060 8,792
Loans to facilitate sales of loans 1,018 21,637
Loans to facilitate sales of premises and equipment   11,100
Conversion of preferred stock to common stock   $ 31