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Consolidated Statements Of Cash Flow (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Operating Activities      
Net income/(loss) $ 41,067 $ (16,295) $ 142,630
Adjustments to reconcile net income/(loss) to net cash provided/(used) by operating activities:      
Provision for loan losses 55,000 78,000 44,000
Provision/(benefit) for deferred income taxes (14,449) (70,266) 36,035
Depreciation and amortization of premises and equipment 36,514 35,028 34,624
Amortization of intangible assets 3,912 3,910 4,380
Net other amortization and accretion 31,187 79,034 50,317
Net (increase)/decrease in derivatives 650 (8,847) 5,145
Market value adjustment on mortgage servicing rights (20,182) 5,075 41,260
Repurchase and foreclosure provision 170,000 299,256 159,590
Fair value adjustment to foreclosed real estate 4,987 9,422 18,358
Goodwill impairment 0 0 10,100
Litigation and regulatory matters 63,654 33,313 41,279
(Gains)/losses on divestitures (638) (485) (10,143) [1]
Stock-based compensation expense 16,144 16,201 14,173
Tax benefit reversals stock-based compensation plans 1,569 4,140 5,771
Equity securities (gains)/losses, net (2,211) (365) (35,392)
Debt securities (gains)/losses, net 451 (328) (772)
Gains on extinguishment of debt 0 0 (5,761)
Net (gains)/losses on sale/disposal of fixed assets 2,213 (2,540) 1,581
Net (increase)/decrease in:      
Trading securities 455,520 (283,239) (226,361)
Loans held-for-sale 31,785 11,960 (38,608)
Capital markets receivables 72,517 [2] (31,598) [2] 44,388 [2]
Interest receivable 3,571 6,007 5,449
Mortgage servicing rights - sales 39,633 0 0
Other assets 13,860 188,423 (19,964)
Net increase/(decrease) in:      
Capital markets payables (89,156) [2] 24,434 [2] 35,918 [2]
Interest payable (4,301) (2,386) (7,945)
Other liabilities (285,843) (223,446) (291,444)
Trading liabilities (196,081) 217,144 (14,635)
Total adjustments 390,306 387,847 (98,657)
Net cash provided/(used) by operating activities 431,373 371,552 43,973
Available-for-sale securities:      
Sales 63,787 47,536 495,095
Maturities 899,591 1,085,524 810,833
Purchases (1,348,526) (1,157,906) (1,276,125)
Premises and equipment:      
Sales 765 7,354 0
Purchases (27,349) (21,862) (35,408)
Net (increase)/decrease in:      
Loans 1,464,212 (489,308) 75,350
Interests retained from securitizations classified as trading securities 5,482 8,736 7,894
Interest-bearing cash (349,940) 99,483 64,883
Cash receipts related to divestitures 1,638 5,278 24,467
Cash received for acquisition 53,293 0 0
Net cash provided/(used) by investing activities 762,953 (415,165) 166,989
Common stock:      
Stock options exercised 651 144 0
Cash dividends paid (38,229) (10,066) (7,944)
Repurchase of shares (91,533) [3] (133,757) [3] (45,111) [3]
Repurchase of common stock warrant - CPP 0 0 (79,700)
Tax benefit reversals stock-based compensation plans (1,569) (4,140) (5,771)
Preferred stock issuance 95,624 0 0
Cash dividends paid - preferred stock - noncontrolling interest (11,465) (11,406) (11,375)
Cash dividends paid - Series A preferred stock (4,288) 0 0
Term borrowings:      
Issuance 0 2,699 15,301
Payments/maturities (430,088) (234,209) (695,936)
Increases in restricted and secured term borrowings 5,052 7,595 10,318
Net cash paid for extinguishment of debt 0 0 (100,000)
Net increase/(decrease) in:      
Deposits (258,184) 416,700 1,004,778
Short-term borrowings (738,650) 288,060 (236,041)
Net cash provided/(used) by financing activities (1,472,679) 321,620 (151,481)
Net increase/(decrease) in cash and cash equivalents (278,353) 278,007 59,481
Cash and cash equivalents at beginning of period 1,106,262 828,255 768,774
Cash and cash equivalents at end of period 827,909 1,106,262 828,255
Supplemental Disclosures      
Total interest paid 97,387 111,033 138,925
Total taxes paid 5,437 33,112 16,399
Total taxes refunded 26,113 169,396 81,235
Transfer from loans to other real estate owned $ 23,340 $ 33,558 $ 63,932
[1] Net of tax, gains on divestitures are $9.9 million for 2011.
[2] Balances reflect the net presentation of certain capital markets receivables and payables. Prior periods have been revised for comparability.
[3] 2013, 2012, and 2011 include $87.6 million, $131.0 million, and $44.1 million, respectively, repurchased under the share repurchase program launched in 2011.