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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating Activities    
Net income $ 142,077 $ 120,804
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 25,638 55,534
Depreciation, amortization, and accretion, net 39,524 46,513
Deferred income tax expense 74,940 64,101
Decrease in interest receivable 1,459 8,229
Decrease in interest payable (1,575) (3,207)
Increase in trading account assets (6,592) (6,261)
Originations of mortgage loans held for sale (579,139) (749,437)
Proceeds from sales of mortgage loans held for sale 561,796 893,348
Gains on sales of mortgage loans held for sale (8,971) (10,789)
(Increase) decrease in fair value of mortgage loans held for sale (969) 3,838
Decrease in other assets 1,392 36,138
Increase (decrease) in accrued salaries and benefits 6,772 (4,584)
Increase in other liabilities 14,934 333
Investment securities gains, net (1,331) (2,571)
Losses on sales of other loans held for sale, net 2,050 487
Losses and write-downs on other real estate, net 16,734 22,714
Share-based compensation expense 7,453 5,771
Write-downs on other assets held for sale 7,608 0
Gain on sale of Memphis branches, net (5,789) 0
Gain on sale of branch property (3,116) 0
Net cash provided by operating activities 294,895 480,961
Investing Activities    
Net cash (used) received in dispositions/acquisitions (90,571) 56,328
Net decrease in interest earning deposits with banks 10,713 9,382
Net decrease in federal funds sold and securities purchased under resale agreements 10,057 33,340
Net (increase) decrease in interest bearing funds with Federal Reserve Bank (105,918) 531,955
Proceeds from maturities and principal collections of investment securities available for sale 417,704 584,810
Proceeds from sales of investment securities available for sale 20,815 403,792
Purchases of investment securities available for sale (277,375) (1,197,122)
Proceeds from sales of loans 44,001 75,359
Proceeds from sale of other real estate 49,754 77,168
Principal repayments by borrowers on other loans held for sale 770 3,966
Net increase in loans (754,930) (423,252)
Purchases of premises and equipment (36,059) (24,971)
Proceeds from disposals of premises and equipment 4,838 3,172
Proceeds from sale of other assets held for sale 507 1,085
Net cash (used in) provided by investing activities (705,694) 135,012
Financing Activities    
Net increase (decrease) in demand and savings deposits 8,677 (281,267)
Net increase in certificates of deposit 295,687 141,252
Net decrease in federal funds purchased and securities sold under repurchase agreements (40,972) (6,630)
Principal repayments on long-term debt (605) (301,431)
Proceeds from issuance of long-term debt 99,938 462,500
Dividends paid to common shareholders (29,194) (26,703)
Dividends paid to preferred shareholders (7,678) (33,741)
Stock options exercised 1,985 789
Proceeds from issuance of Series C Preferred Stock 0 125,400
Redemption of Series A Preferred Stock 0 (967,870)
Proceeds from issuance of common stock 0 174,764
Excess tax benefit from share-based compensation 201 569
Restricted stock activity (468) (3,541)
Net cash provided by (used in) financing activities 327,571 (715,909)
Decrease in cash and cash equivalents (83,228) (99,936)
Cash and cash equivalents at beginning of period 469,630 614,630
Cash and cash equivalents at end of period 386,402 514,694
Supplemental Cash Flow Information    
Income tax payments, net 4,693 1,669
Interest paid 83,861 85,332
Non-cash Investing Activities:    
Mortgage loans held for sale transferred to loans at fair value 334 14,471
Premises and equipment transferred to other assets held for sale 16,613 490
Loans foreclosed and transferred to other real estate 35,495 72,854
Loans transferred to other loans held for sale at fair value 36,736 117,806
Other loans held for sale transferred to loans at fair value 0 1,235
Other loans held for sale foreclosed and transferred to other real estate at fair value 0 3,246
Settlement of prepaid common stock purchase contracts 0 122,848
Securities purchased during the period but settled after period-end 0 35,160
Dispositions/Acquisitions:    
Fair value of non-cash assets (sold) acquired (100,982) 536
Fair value of liabilities (sold) assumed $ (191,553) $ 56,864