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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating Activities      
Net income $ 212,579 $ 112,558 $ 126,709
Adjustments to reconcile net income to net cash used in operating activities:      
Provision for loan losses 12,715 16,933 37,158
Depreciation, amortization and accretion, net (83,360) (83,279) (53,794)
Net realized gains on securities (4,403)   (4,937)
Bargain purchase gain (81,289)   (12,585)
Net gain on investment in SWS common stock   (5,985)  
Deferred income taxes 17,376 (22,782) 15,829
Other, net 7,995 19,000 6,249
Net change in securities purchased under agreements to resell (60,919)    
Net change in assets segregated for regulatory purposes 99,010 (76,011) 18,998
Net change in trading securities 117,639 (6,871) 31,267
Net change in broker-dealer and clearing organization receivables 71,992 (145,283) 21,219
Net change in FDIC Indemnification Asset 39,936 61,299 (912)
Net change in other assets (57,790) (21,455) (10,621)
Net change in broker-dealer and clearing organization payables (54,048) 214,755 (55,247)
Net change in other liabilities 25,099 59,331 (35,260)
Net gains from sales of loans (519,103) (390,361) (457,531)
Loans originated for sale (13,871,473) (10,839,905) (11,752,800)
Proceeds from loans sold 14,163,781 11,016,636 12,522,963
Net cash provided by (used in) operating activities 35,737 (91,420) 396,705
Investing Activities      
Proceeds from maturities and principal reductions of securities held to maturity 88,070 5,203  
Proceeds from sales, maturities and principal reductions of securities available for sale 673,950 315,166 381,890
Purchases of securities held to maturity (230,404) (123,520)  
Purchases of securities available for sale (48,121) (49,156) (372,998)
Net change in loans (150,605) 103,031 (140,437)
Purchases of premises and equipment and other assets (31,270) (43,186) (33,066)
Proceeds from sales of premises and equipment and other real estate owned 110,922 69,400 21,233
Proceeds from redemption of bank owned life insurance 822    
Net cash paid or Federal Home Loan Bank and Federal Reserve Bank stock (12,172) (17,114) 4,600
Net cash from acquisition 41,097   362,695
Net cash provided by investing activities 442,289 259,824 223,917
Financing Activities      
Net change in deposits (601,386) (518,417) (210,491)
Net change in short-term borrowings 20,437 420,609 (386,163)
Proceeds from notes payable 150,078 3,000 2,000
Payments on notes payable (42,571) (2,643) (3,262)
Redemption of preferred stock (114,068)    
Payments to repurchase common stock (30,028)    
Dividends paid on preferred stock (3,539) (5,619) (2,985)
Net cash distributed to noncontrolling interest (1,222) (902) (2,640)
Other, net 643 2,620 2,482
Net cash used in financing activities (621,656) (101,352) (601,059)
Net change in cash and cash equivalents (143,630) 67,052 19,563
Cash and cash equivalents, beginning of period 813,075 746,023 726,460
Cash and cash equivalents, end of period 669,445 813,075 746,023
Supplemental Disclosures of Cash Flow Information      
Cash paid for interest 59,700 28,846 31,805
Cash paid for income taxes, net of refunds 112,459 26,859 73,802
Supplemental Schedule of Non-Cash Activities      
Conversion of available for sale investment to SWS common stock   71,502  
Redemption of senior exchangeable notes for common stock     83,950
Conversion of loans to other real estate owned $ 57,838 $ 67,542 $ 25,639
Common stock issued at acquisition 200,626