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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating Activities    
Net income $ 96,169 $ 119,469
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision (recovery) for loan losses (1,838) 8,818
Depreciation, amortization and accretion, net 3,558 (11,300)
Net realized gains on securities   (14)
Net change in fair value of equity securities 396  
Deferred income taxes 653 6,013
Other, net 6,355 8,540
Net change in securities purchased under agreements to resell 21,881 (45,224)
Net change in trading securities 70,371 (410,877)
Net change in broker-dealer and clearing organization receivables (42,516) (157,908)
Net change in FDIC indemnification asset   24,637
Net change in other assets 39,208 (35,967)
Net change in broker-dealer and clearing organization payables 85,409 223,043
Net change in other liabilities (79,283) (100,970)
Net change in securities sold, not yet purchased (53,239) 19,620
Proceeds from sale of mortgage servicing rights asset 9,303 17,499
Net gains from sales of loans (354,488) (416,336)
Loans originated for sale (11,148,919) (11,251,438)
Proceeds from loans sold 11,665,782 11,520,363
Net cash provided by (used in) operating activities 318,802 (482,032)
Investing Activities    
Proceeds from maturities and principal reductions of securities held to maturity 36,729 42,185
Proceeds from sales, maturities and principal reductions of securities available for sale 190,266 248,578
Proceeds from sales, maturities and principal reductions of equity securities 3  
Purchases of securities held to maturity (29,377) (58,831)
Purchases of securities available for sale (276,710) (415,282)
Purchases of equity securities (719)  
Net change in loans (113,918) (206,362)
Purchases of premises and equipment and other assets (60,473) (20,093)
Proceeds from sales of premises and equipment and other real estate owned 18,440 27,333
Net cash received from (paid for) Federal Home Loan Bank and Federal Reserve Bank stock (5,447) 14,540
Net cash paid for acquisition (63,245)  
Net cash used in investing activities (304,451) (367,932)
Financing Activities    
Net change in deposits (40,850) 547,163
Net change in short-term borrowings 10,225 59,912
Proceeds from notes payable 455,776 285,806
Payments on notes payable (444,312) (303,472)
Payments to repurchase common stock (38,821) (27,388)
Dividends paid on common stock (20,074) (17,384)
Net cash contributed from (distributed to) noncontrolling interest 18,367 (1,193)
Taxes paid on employee stock awards netting activity (1,806) (2,431)
Other, net (551) (501)
Net cash provided by (used in) financing activities (62,046) 540,512
Net change in cash and cash equivalents (47,695) (309,452)
Cash and cash equivalents, beginning of period 673,960 871,757
Cash and cash equivalents, end of period 626,265 562,305
Reconciliation of Cash, Cash Equivalents and Restricted Cash to Consolidated Balance Sheets    
Total cash, cash equivalents and restricted cash 673,960 871,757
Supplemental Disclosures of Cash Flow Information    
Cash paid for interest 101,402 57,504
Cash paid for income taxes, net of refunds 5,806 69,863
Supplemental Schedule of Non-Cash Activities    
Construction in progress related to build-to-suit lease obligations 23,773  
Conversion of loans to other real estate owned 5,868 8,319
Additions to mortgage servicing rights $ 21,090 $ 8,429