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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating Activities    
Net income $ 119,469 $ 112,406
Adjustments to reconcile net income to net cash used in operating activities:    
Provision for loan losses 8,818 36,273
Depreciation, amortization and accretion, net (11,300) (37,616)
Net realized gains on securities (14)  
Deferred income taxes 6,013 4,878
Other, net 8,540 11,661
Net change in securities purchased under agreements to resell (45,224) (32,624)
Net change in assets segregated for regulatory purposes (26,343) (15,227)
Net change in trading securities (410,877) (187,958)
Net change in broker-dealer and clearing organization receivables (157,908) 149,674
Net change in FDIC indemnification asset 24,637 18,486
Net change in other assets (35,967) (50,760)
Net change in broker-dealer and clearing organization payables 223,043 (117,398)
Net change in other liabilities (100,970) (1,612)
Net change in securities sold, not yet purchased 19,620 34,589
Proceeds from sale of mortgage servicing rights asset 17,499 7,586
Net gains from sales of loans (416,336) (469,721)
Loans originated for sale (11,251,438) (11,995,553)
Proceeds from loans sold 11,520,363 12,292,342
Net cash used in operating activities (508,375) (240,574)
Investing Activities    
Proceeds from maturities and principal reductions of securities held to maturity 42,185 141,485
Proceeds from sales, maturities and principal reductions of securities available for sale 248,578 367,307
Purchases of securities held to maturity (58,831) (175,781)
Purchases of securities available for sale (415,282) (250,896)
Net change in loans (206,362) (465,542)
Purchases of premises and equipment and other assets (20,093) (31,119)
Proceeds from sales of premises and equipment and other real estate owned 27,333 58,490
Net cash received from (paid for) Federal Home Loan Bank and Federal Reserve Bank stock 14,540 (6,807)
Net cash used in investing activities (367,932) (362,863)
Financing Activities    
Net change in deposits 547,163 108,834
Net change in short-term borrowings 59,912 317,649
Proceeds from notes payable 285,806 208,794
Payments on notes payable (303,472) (134,052)
Proceeds from issuance of common stock   4,139
Payments to repurchase common stock (27,388)  
Dividends paid on common stock (17,384)  
Net cash distributed (to) from noncontrolling interest (1,193) 676
Taxes paid on employee stock awards netting activity (2,431) (2,406)
Other, net (501) (704)
Net cash provided by financing activities 540,512 502,930
Net change in cash and cash equivalents (335,795) (100,507)
Cash and cash equivalents, beginning of period 690,764 669,445
Cash and cash equivalents, end of period 354,969 568,938
Supplemental Disclosures of Cash Flow Information    
Cash paid for interest 57,504 42,399
Cash paid for income taxes, net of refunds 69,863 53,899
Supplemental Schedule of Non-Cash Activities    
Conversion of loans to other real estate owned 8,319 14,894
Additions to mortgage servicing rights $ 8,429 $ 20,309