XML 82 R7.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Operating Activities    
Net income $ 57,324 $ 46,883
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 39,968 46,126
Depreciation and amortization 11,324 10,375
Benefit attributable to FDIC loss share 22,854  
Accretion of acquired loans (63,508) (27,781)
Accretion income for lease financing (1,304) (1,298)
Amortization and accretion of securities, net    
Available for sale 7,530 5,081
Other 13  
Gain on acquisition 0 (1,041)
Gain on sales and calls of investment securities, net Available for sale (889) (651)
Originations of loans held for sale (193,212) (182,735)
Proceeds from sales of loans, primarily mortgage loans sold in the secondary mortgage markets 214,996 178,105
Gains on sales of loans, net (3,395) (3,275)
Amortization of intangible assets 1,086 903
Net change in assets and liabilities    
Interest receivable (1,273) (3,825)
Interest payable (709) (4,414)
Prepaid assets (16,552) 2,455
Bank owned life insurance (4,195) (4,204)
Employee pension liability 4,303 18,704
Other assets and liabilities (10,560) (8,767)
NET CASH PROVIDED BY OPERATING ACTIVITIES 63,801 70,641
Proceeds From Sales of Securities [Abstract]    
Proceeds from sales of securities available for sale 3,648 500,066
Proceeds From Prepayments Calls and Maturities [Abstract]    
Available for sale 503,105 369,285
Held to maturity 15,568 9,215
Other 12 25
Proceeds From Prepayments Calls and Maturities    
Available for sale (939,552) (829,717)
Held to maturity (36,461) (23,688)
Other (79) (3,323)
Net decrease in loans and leases 28,850 132,645
Purchases of premises and equipment (5,132) (12,548)
Net cash acquired from acquisitions   985,506
NET CASH (USED) PROVIDED BY INVESTING ACTIVITIES (430,041) 1,127,466
Financing Activities    
Net increase in demand accounts 127,443 55,676
Net increase in savings and money market accounts 493,800 111,328
Net decrease in certificates and other time deposits (548,310) (32,417)
Net increase (decrease) in securities sold under agreements to repurchase 31,985 (975,335)
Net decrease in wholesale borrowings (874) (265,142)
Net proceeds from issuance of common stock   400,064
Cash dividends - common (34,616) (31,090)
Restricted stock activity (2,223) (2,535)
Proceeds from exercise of stock options, conversion of debentures or conversion of preferred stock   826
NET CASH PROVIDED (USED) BY FINANCING ACTIVITIES 67,205 (738,625)
Increase in cash and cash equivalents (299,035) 459,482
Cash and cash equivalents at beginning of period 523,113 161,033
Cash and cash equivalents at end of period 224,078 620,515
Cash paid during period for:    
Interest, net of amounts capitalized 27,741 33,777
Federal income taxes $ 2,615 $ 14,108