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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating Activities:    
Net income $ 68,779 $ 72,163
Adjustments to reconcile net income to net cash from operating activities:    
Provision for loan losses 28,500 8,162
Deferred tax expense (benefit) (4,395) (3,748)
Accretion of loan discount (3,727) (3,571)
Securities premium amortization (discount accretion), net 19,725 17,308
Net (gain) loss on securities transactions (14,903) (228)
Depreciation and amortization 11,912 10,034
Net (gain) loss on sale/write-down of assets/foreclosed assets (632) (779)
Stock-based compensation 2,482 2,562
Net tax benefit (deficiency) from stock-based compensation (3) (1)
Excess tax benefits from stock-based compensation (41) (75)
Earnings on life insurance policies (867) (886)
Net change in:    
Trading account securities (444) (236)
Accrued interest receivable and other assets 29,418 (36,504)
Accrued interest payable and other liabilities (5,714) (9,423)
Net cash from operating activities 130,090 54,778
Investing Activities:    
Securities held-to-maturity - Sales 135,610 0
Securities held to maturity: Maturities, calls and principal repayments 149,507 95,453
Securities available for sale:    
Purchases (813,955) (772,500)
Sales 1,060,196 223,987
Maturities, calls and principal repayments 91,993 372,316
Net change in loans (54,632) (225,770)
Proceeds from sales of premises and equipment 1,513 0
Purchases of premises and equipment (7,366) (51,803)
Proceeds from sales of repossessed properties 57 2,901
Net cash from investing activities 562,923 (355,416)
Financing Activities:    
Net change in deposits (186,620) 13,692
Net change in short-term borrowings (199,636) (198,912)
Proceeds from stock option exercises 96 728
Excess tax benefits from stock-based compensation 41 75
Cash dividends – preferred stock (2,016) (2,016)
Cash dividends – common stock (32,938) (32,288)
Net cash from financing activities (421,073) (218,721)
Net change in cash and cash equivalents 271,940 (519,359)
Cash and equivalents at beginning of period 3,591,523 4,364,123
Cash and equivalents at end of period $ 3,863,463 $ 3,844,764