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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating Activities    
Net income $ 92,716 $ 321,300
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for (reversal of) credit losses 4,671 (39,648)
Depreciation, amortization and accretion, net 20,207 18,393
Deferred income taxes 2,258 (382)
Other, net 11,814 14,049
Net change in securities purchased under agreements to resell (27,103) (75,589)
Net change in trading securities 6,134 84,442
Net change in broker-dealer and clearing organization receivables 748,584 (223,819)
Net change in other assets (52,021) (50,625)
Net change in broker-dealer and clearing organization payables (470,426) 152,755
Net change in other liabilities 66,479 (105,402)
Net change in securities sold, not yet purchased 2,929 33,275
Proceeds from sale of mortgage servicing rights asset 1,876 116,000
Change in valuation of mortgage servicing rights asset (23,575) (12,821)
Net gains from sales of loans (266,435) (669,857)
Loans originated for sale (11,706,056) (21,563,008)
Proceeds from loans sold 12,823,759 22,874,493
Net cash provided by operating activities 1,235,811 873,556
Investing Activities    
Proceeds from maturities and principal reductions of securities held to maturity 78,144 34,082
Proceeds from sales, maturities and principal reductions of securities available for sale 259,774 507,365
Purchases of securities held to maturity (11,432)  
Purchases of securities available for sale (625,522) (1,075,154)
Purchases of equity securities (30)  
Net change in loans held for investment (391,040) 360,518
Purchases of premises and equipment and other assets (7,335) (22,079)
Proceeds from sales of premises and equipment and other real estate owned 1,808 4,252
Net cash paid to Federal Home Loan Bank and Federal Reserve Bank stock (175) (82)
Net cash used in investing activities (695,808) (191,098)
Financing Activities    
Net change in deposits (1,296,781) 865,638
Net change in short-term borrowings 82,178 51,203
Proceeds from notes payable 638,498 739,372
Payments on notes payable and junior subordinated debentures (636,394) (792,893)
Payments to repurchase common stock (442,336) (123,631)
Dividends paid on common stock (33,457) (29,500)
Net cash distributed to noncontrolling interest (4,601) (9,727)
Other, net (4,768) (3,200)
Net cash provided by (used in) financing activities (1,697,661) 697,262
Net change in cash, cash equivalents and restricted cash (1,157,658) 1,379,720
Cash, cash equivalents and restricted cash, beginning of period 3,045,263 1,353,303
Cash, cash equivalents and restricted cash, end of period 1,887,605 2,733,023
Supplemental Disclosures of Cash Flow Information    
Cash paid for interest 69,681 85,069
Cash paid for income taxes, net of refunds 14,956 83,129
Supplemental Schedule of Non-Cash Activities    
Conversion of loans to other real estate owned 326 2,924
Additions to mortgage servicing rights 47,850 $ 70,368
Carrying amount of AFS securities transferred to HTM, net of $67,798 unrealized loss $ 689,477