XML 18 R8.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
OPERATING ACTIVITIES:    
Net income $ 150,691 $ 135,330
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 21,886 18,655
Provision for depreciation and amortization 19,890 20,689
Amortization of investment security premiums, net 17,827 16,014
Investment securities gains (losses), net [1] (879) 1,739
Net gains on sales of loans held for sale (3,547) (2,880)
Origination of loans held for sale (96,943) (70,880)
Proceeds from sales and repayments of held for sale 92,423 68,486
Net (increase) decrease in trading securities, excluding unsettled transactions 6,097 81,184
Stock-based compensation 6,195 6,287
(Increase) decrease in interest receivable (428) 60
Increase (decrease) in interest payable (692) 57
Increase (decrease) in income taxes payable 1,483 73
Other changes, net (1,985) (9,785)
Net cash provided by (used in) operating activities 212,018 265,029
INVESTING ACTIVITIES:    
Proceeds from sales of investment securities [1] 6,552 2,071
Proceeds from maturities/pay downs of investment securities [1] 910,411 1,109,707
Purchases of investment securities [1] (625,931) (414,154)
Net (increase) decrease in loans (234,405) (693,522)
Repayments of long-term securities purchased under agreements to resell 100,000 50,000
Purchases of land, buildings and equipment (14,117) (13,649)
Sales of land, buildings and equipment 2,527 5,399
Net cash provided by (used in) investing activities 145,037 45,852
FINANCING ACTIVITIES:    
Net increase (decrease) in non-interest bearing, savings, interest checking and money market deposits 77,562 (38,985)
Net increase (decrease) in time open and C.D.'s (157,367) 267,339
Net increase (decrease) in federal funds purchased and short-term securities sold under agreements to repurchase (467,461) (331,280)
Repayment of long-term borrowings (146) (840)
Additional long-term borrowings 0 900
Purchases of treasury stock (10,628) (37,462)
Issuance of stock under equity compensation plans (7) (2)
Cash dividends paid on common stock (45,816) (43,522)
Cash dividends paid on preferred stock (4,500) (4,500)
Net cash provided by (used in) financing activities (608,363) (188,352)
Increase (decrease) in cash and cash equivalents (251,308) 122,529
Cash and cash equivalents at beginning of year 782,435 502,719
Cash and cash equivalents at end of period 531,127 625,248
Supplemental Cash Flow Information:    
Income tax payments, net 54,621 59,886
Interest paid on deposits and borrowings 21,203 16,532
Loans transferred to foreclosed real estate 461 861
Transfer of loans held for investment to held for sale $ 0 $ 50,360
[1] Available for sale and non-marketable securities