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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating Activities    
Net income $ 272,731 $ 175,078
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation, amortization and accretion 82,074 60,349
Provision for credit losses 46,024 44,374
Deferred tax expense 28,867 36,706
Net securities gains (31) (5,895)
Tax benefit of stock-based compensation (378) (735)
Loans originated for sale (864,757) (787,957)
Loans sold 933,183 709,323
Gain on sale of loans (17,618) (10,583)
Net change in:    
Interest receivable (8,259) (10,104)
Interest payable 6,679 938
Bank owned life insurance (7,204) (8,100)
Other, net 45,530 (78,095)
Net cash flows provided by operating activities 516,841 125,299
Investing Activities    
Net change in loans and leases (1,054,971) (886,944)
Securities available for sale:    
Purchases (1,029,263) (1,042,784)
Sales 0 786,762
Maturities 421,666 404,618
Debt securities held to maturity:    
Purchases (244,367) (842,020)
Sales 0 57,050
Maturities 275,788 309,075
Purchase of bank owned life insurance 39 25,102
Increase in premises and equipment (19,267) (46,781)
Net cash received in business combinations and divestitures 141,082 196,964
Other, net 70 0
Net cash flows used in investing activities (1,509,301) (1,089,162)
Financing Activities    
Demand (non-interest bearing and interest bearing) and savings accounts 272,989 384,103
Time deposits 830,662 306,745
Short-term borrowings 1,043 573,102
Proceeds from issuance of long-term borrowings 26,612 96,917
Repayment of long-term borrowings (67,163) (150,420)
Net proceeds from issuance of common stock 10,251 6,963
Cash dividends paid:    
Preferred stock (6,030) (6,030)
Common stock (117,494) (103,584)
Net cash flows provided by financing activities 950,870 1,107,796
Net Increase (Decrease) in Cash and Cash Equivalents (41,590) 143,933
Cash and cash equivalents at beginning of period 479,443 371,407
Cash and Cash Equivalents at End of Period $ 437,853 $ 515,340