XML 17 R6.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities    
Net income $ 447,249 $ 268,822
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for credit losses (25,000) 250,000
Depreciation and amortization of premises and equipment 57,116 54,756
Amortization of capitalized servicing rights 19,951 18,991
Amortization of core deposit and other intangible assets 2,738 3,913
Provision for deferred income taxes 39,329 (36,243)
Asset write-downs 1,217 2,990
Net gain on sales of assets (2,106) (3,933)
Net change in accrued interest receivable, payable (36,893) (13,863)
Net change in other accrued income and expense (27,301) (73,363)
Net change in loans originated for sale 158,878 (158,193)
Net change in trading account assets and liabilities 359,559 (708,319)
Net cash provided (used) by operating activities 994,737 (394,442)
Cash flows from investing activities    
Proceeds from sales of investment securities equity and other 2,526 2,536
Net cash used by investing activities (8,931,747) (3,852,363)
Proceeds from maturities of investment securities Available for sale 422,171 303,994
Proceeds from maturities of investment securities Held to maturity 171,644 359,615
Purchases of investment securities Available for sale (1,002) (2,951)
Purchases of investment securities Held to maturity (201,234) (5,996)
Purchases of investment securities equity and other (8,801) (17,728)
Net increase in loans and leases (988,654) (3,105,967)
Net increase in interest-bearing deposits at banks (7,743,417) (1,706,153)
Capital expenditures, net (31,016) (51,547)
Net increase in loan servicing advances (374,614) (48,866)
Other, net (179,350) 420,700
Cash flows from financing activities    
Net increase in deposits 8,670,627 5,413,829
Net decrease in short-term borrowings (525) (3,183)
Payments on long-term borrowings (852,945) (753,123)
Purchases of treasury stock   (373,750)
Dividends paid — common (142,044) (143,170)
Dividends paid — preferred (21,288) (21,344)
Other, net (9,569) (10,567)
Net cash provided by financing activities 7,644,256 4,108,692
Net decrease in cash, cash equivalents and restricted cash (292,754) (138,113)
Cash, cash equivalents and restricted cash at beginning of period 1,552,743 1,436,305
Cash, cash equivalents and restricted cash at end of period 1,259,989 1,298,192
Supplemental disclosure of cash flow information    
Interest received during the period 971,142 1,159,094
Interest paid during the period 55,378 158,861
Income taxes paid during the period 24,220 44,660
Supplemental schedule of noncash investing and financing activities    
Real estate acquired in settlement of loans 2,301 17,295
Additions to right-of-use assets under operating leases $ 13,020 $ 17,421