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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating Activities    
Net income $ 24,680 $ 26,307
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision (recovery) for loan losses (1,807) 1,705
Depreciation, amortization and accretion, net 1,577 (1,031)
Net change in fair value of equity securities 572  
Deferred income taxes (534) 1,531
Other, net 2,590 1,990
Net change in securities purchased under agreements to resell (58,441) (23,798)
Net change in assets segregated for regulatory purposes (11,592) 14,598
Net change in trading securities (25,466) (107,766)
Net change in broker-dealer and clearing organization receivables (164,957) (39,422)
Net change in FDIC indemnification asset   19,424
Net change in other assets (2,949) (8,702)
Net change in broker-dealer and clearing organization payables 217,443 110,694
Net change in other liabilities (108,306) (104,858)
Net change in securities sold, not yet purchased 22,730 (9,696)
Proceeds from sale of mortgage servicing rights asset   17,499
Net gains from sales of loans (105,767) (124,150)
Loans originated for sale (3,021,516) (2,939,349)
Proceeds from loans sold 3,405,633 3,514,340
Net cash provided by operating activities 173,890 349,316
Investing Activities    
Proceeds from maturities and principal reductions of securities held to maturity 14,095 15,152
Proceeds from sales, maturities and principal reductions of securities available for sale 44,925 83,048
Proceeds from sales, maturities and principal reductions of equity securities 15  
Purchases of securities held to maturity (14,848) (831)
Purchases of securities available for sale (116,393) (240,757)
Purchases of equity securities (217)  
Net change in loans 48,859 57,902
Purchases of premises and equipment and other assets (4,271) (4,951)
Proceeds from sales of premises and equipment and other real estate owned 4,487 11,438
Net cash received from Federal Home Loan Bank and Federal Reserve Bank stock 9,716 34,953
Net cash used in investing activities (13,632) (44,046)
Financing Activities    
Net change in deposits (19,231) 245,777
Net change in short-term borrowings (142,099) (663,512)
Proceeds from notes payable 69,808 72,382
Payments on notes payable (75,799) (65,573)
Payments to repurchase common stock (1,706) (7,205)
Dividends paid on common stock (6,719) (5,802)
Net cash distributed to noncontrolling interest (501) (575)
Taxes paid on employee stock awards netting activity (689) (838)
Other, net (177) (356)
Net cash used in financing activities (177,113) (425,702)
Net change in cash and cash equivalents (16,855) (120,432)
Cash and cash equivalents, beginning of period 487,382 690,764
Cash and cash equivalents, end of period 470,527 570,332
Supplemental Disclosures of Cash Flow Information    
Cash paid for interest 28,294 14,407
Cash paid for income taxes, net of refunds 542 1,262
Supplemental Schedule of Non-Cash Activities    
Conversion of loans to other real estate owned 2,496 1,945
Additions to mortgage servicing rights $ 6,661 $ 1,224