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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Cash Flows From Operating Activities        
Net income $ 48,566 $ 42,290 $ 89,350 $ 59,316
Adjustments to net income:        
Provision for credit losses on loans and leases, excluding covered loans   32,000   87,000
Provision for losses on covered loans 1,716 46,516 20,832 46,516
Amortization of intangibles 2,104 2,128 4,272 4,575
Depreciation and amortization 6,904 6,363 13,652 12,710
Share-based employee compensation expense     9,468 8,109
Deferred income tax benefit     2,686 17,813
(Gain) loss on disposal of assets (8,422) 2,814 (10,846) 1,423
Gain on sale of securities (1,689) (355) (1,819) (2,489)
Gain on acquisition (8,164) (25,228) (8,164) (25,228)
Impairment loss on securities 294 506 458 1,509
Other, net     (9,418) (15,184)
Net change in:        
Trading securities     129,818 25,015
Other assets and other liabilities, net     51,709 154,439
Net cash provided by operating activities     291,998 375,524
Cash Flows From Investing Activities        
Purchase of securities available-for-sale     (2,017,983) (1,684,200)
Sales of securities available-for-sale 47,200 24,400 53,304 432,021
Maturities and paydowns of securities available-for-sale     1,367,512 907,157
Loan originations, net of principal collections     (108,530) 629,454
Net payments for premises and equipment     (19,637) (10,361)
Net cash acquired in acquisitions     28,066 94,706
Other investing activities, net     59,628 10,235
Net cash (used in) provided by investing activities     (637,640) 379,012
Cash Flows From Financing Activities        
Net increase in deposits     961,463 51,966
Net decrease in federal funds purchased and securities sold under repurchase agreements       (449,079)
Net decrease in short-term borrowings, net of transfers from long-term debt     (3,105) (30,529)
Net decrease in long-term debt     (757) (353)
Proceeds from exercise of stock options     4,507 17,761
Tax benefit from exercise of stock options     992 3,281
Redemption of preferred stock       (200,000)
Repurchase of common stock warrants       (18,500)
Cash dividends paid     (21,211) (13,467)
Other financing activities, net     (1,429) (3,261)
Net cash provided by (used in) financing activities     940,460 (642,181)
Net increase in cash and cash equivalents     594,818 112,355
Cash and cash equivalents at beginning of year     434,689 812,926
Cash and cash equivalents at end of period 1,029,507 925,281 1,029,507 925,281
Cash paid during the period for:        
Interest     40,129 39,413
Income taxes     26,072  
Non-cash investing activities:        
Transfer of loans to other real estate owned     64,191 66,653
Assets acquired (liabilities assumed) in acquisitions:        
Securities available-for-sale 10,441 17,183 10,441 17,183
Covered loans 55,313 330,566 55,313 330,566
Covered other real estate owned 7,463 15,161 7,463 15,161
Deposits (126,795) (541,499) (126,795) (541,499)
Other borrowings $ (3,165) $ (30,539) $ (3,165) $ (30,539)