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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating activities    
Net (loss) income $ (697,344) $ 90,297
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 8,373 5,916
Amortization of FDIC indemnification asset 641 853
Net loss on sale of securities and other assets 4,716 2,974
Net gain on sale of loans (3,148) (2,724)
Provision for loan and lease losses 79,898 12,888
Goodwill and intangible assets impairment 742,352 0
Provision for loan servicing rights loss 7 0
Stock-based compensation 1,637 1,839
Originations of residential real estate loans held for sale (172,370) (98,875)
Proceeds from sales of residential real estate loans held for sale 178,527 103,407
Net deferred income taxes (48,238) 688
Changes in:    
Accrued interest receivable 9,341 2,727
Other assets (66,709) 22,116
Accrued interest payable and other liabilities 12,890 (27,768)
Net cash provided by operating activities 50,573 114,338
Investing activities    
Purchase of securities available for sale (413,887) (541,872)
Proceeds from sales of securities available for sale 0 97,212
Proceeds from maturities of securities available for sale 234,077 94,926
Net increase in loans (11,939) (383,665)
(Payment) recovery of covered losses from FDIC indemnification claims (43) 43
Purchase of premises and equipment (3,861) (5,953)
Proceeds from sale of premises and equipment 0 299
Proceeds from sale of repossessed property 12,368 6,593
Purchase of FHLB stock (110,637) (46,948)
Proceeds from redemption of FHLB stock 92,350 47,030
Net cash paid in business acquisition (4,711) 0
Net cash used in investing activities (206,283) (732,335)
Financing activities    
Net (decrease) increase in deposits (121,163) 734,966
Net decrease in securities sold under agreements to repurchase and other short-term borrowings (4,183) (28,370)
Proceeds from FHLB advances and other long-term borrowings 650,000 465,000
Repayments on FHLB advances and other long-term borrowings (190,000) (465,000)
Common stock repurchased (39,983) (74,659)
Taxes paid related to net share settlement of equity awards (1,295) (1,227)
Dividends paid (33,654) (28,771)
Net cash provided by financing activities 259,722 601,939
Net increase (decrease) in cash and cash equivalents 104,012 (16,058)
Cash and cash equivalents, beginning of period 243,474 298,696
Cash and cash equivalents, end of period 347,486 282,638
Supplemental disclosure of cash flow information    
Cash payments for interest 56,613 52,551
Cash payments for income taxes 17,194 19,113
Supplemental disclosure of noncash investing and financing activities    
Loans transferred to repossessed properties $ (7,507) $ (17,919)