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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities    
Net income $ 192,470 $ 227,472
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for credit losses 50,879 27,874
Share-based compensation expense 17,762 14,040
Depreciation and amortization 207,954 153,018
Provision (benefit) for deferred income taxes (27,732) 33,409
Net gains on sales of assets (46,966) (28,977)
Proceeds from sales of loans and leases held-for-sale 512,051 264,970
Originations of loans and leases held-for-sale, net of repayments (548,371) (271,793)
Impairment of loan servicing rights 4,520 0
Net change in other assets (188,081) 21,984
Net change in other liabilities 16,229 (1,849)
Other, net (34,793) (29,668)
Net cash provided by (used in) operating activities 155,922 410,480
Cash flows from investing activities    
Proceeds from sales of investment securities available-for-sale 1,993,274 0
Proceeds from maturities of and principal collected on investment securities available-for-sale 398,989 120,183
Purchases of investment securities available-for-sale (1,424,344) (919,645)
Proceeds from maturities of and principal collected on investment securities held-to-maturity 11,945 11,259
Purchases of investment securities held-to-maturity (4,029) (2,187)
Redemption of Federal Home Loan Bank stock 162,011 201,001
Purchases of Federal Home Loan Bank stock (142,000) (199,000)
Proceeds from sales of loans and leases 566,880 675,164
Loan and lease originations and purchases, net of principal collected (674,459) 735,840
Proceeds from sales of other assets 82,970 58,879
Purchases of premises and equipment and lease equipment (108,404) (903,394)
Net cash acquired (paid) in business combination 975,014 0
Other, net (6,743) 15,151
Net cash provided by (used in) investing activities 1,831,104 (206,749)
Cash flows from financing activities    
Net change in deposits (15,296) 163,442
Net change in short-term borrowings (17,292) 2,451
Proceeds from long-term borrowings 2,799,986 7,043,458
Payments on long-term borrowings (3,838,454) (7,118,690)
Payments on liabilities related to acquisition and portfolio purchase (1,000) 0
Redemption of Series B preferred stock 0 (100,000)
Repurchases of common stock (58,804) (149,912)
Common shares sold to TCF employee benefit plans 0 715
Dividends paid on preferred stock (7,481) (9,094)
Dividends paid on common stock (102,368) (74,916)
Exercise of stock options 0 (997)
Payments related to tax-withholding upon conversion of share-based awards (5,813) (6,563)
Net investment by (distribution to) non-controlling interest (4,547) (5,439)
Net cash provided by (used in) financing activities (1,251,069) (255,545)
Net change in cash and due from banks 735,957 (51,814)
Cash and cash equivalents at beginning of period 587,057 621,782
Cash and cash equivalents at end of period 1,323,014 569,968
Cash paid (received) for:    
Interest on deposits and borrowings 192,793 99,336
Income taxes, net 10,367 (21,035)
Noncash activities:    
Transfer of loans and leases to other assets 73,314 77,704
Transfer of loans and leases from held for investment to held for sale, net $ 1,837,445 $ 644,488