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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating Activities:      
Net income $ 364,149 $ 304,261 $ 279,328
Adjustments to reconcile net income to net cash from operating activities:      
Provision for loan losses 35,460 51,673 51,845
Deferred tax expense (benefit) (14,493) (11,598) (19,059)
Accretion of loan discounts (16,062) (15,582) (14,447)
Securities premium amortization (discount accretion), net 89,933 79,705 73,785
Net (gain) loss on securities transactions 4,941 (14,975) (69)
Depreciation and amortization 47,812 48,177 42,138
Net (gain) loss on sale/write-down of assets/foreclosed assets (4,697) (3,618) (1,765)
Stock-based compensation 13,013 11,799 12,737
Net tax benefit from stock-based compensation 9,062 5,063 1,434
Earnings on life insurance policies (3,190) (3,599) (3,585)
Net change in:      
Trading account securities (3,842) (124) (1,153)
Accrued interest receivable and other assets (55,179) (7,395) (13,038)
Accrued interest payable and other liabilities 71,172 (5,945) (13,291)
Net cash from operating activities 538,079 437,842 394,860
Investing Activities:      
Securities held to maturity: Purchases 0 0 (1,350)
Securities held to maturity: Sales 0 136,719 0
Securities held to maturity: Maturities, calls and principal repayments 783,176 228,641 209,425
Securities available for sale:      
Purchases (13,529,192) (16,419,833) (14,147,908)
Sales 11,963,359 14,847,380 12,683,169
Maturities, calls and principal repayments 1,328,143 335,750 658,199
Proceeds from sale of loans 0 30,470 0
Net change in loans (1,187,631) (538,989) (500,990)
Net cash (paid) received in acquisitions 0 (492) 0
Benefits received on life insurance policies 597 906 444
Proceeds from sales of premises and equipment 4,525 58,774 2,538
Purchases of premises and equipment (34,089) (53,648) (147,129)
Proceeds from sales of repossessed properties 517 341 4,682
Net cash from investing activities (670,595) (1,373,981) (1,238,920)
Financing Activities:      
Net change in deposits 1,060,814 1,467,980 207,665
Net change in short-term borrowings 170,832 83,470 90,403
Proceeds from issuance of subordinated notes 98,434 0 0
Principal payments on subordinated notes (100,000) 0 0
Proceeds from stock option exercises 67,746 78,866 14,853
Purchase of treasury stock (101,473) (1,290) (101,237)
Cash dividends paid on preferred stock (8,063) (8,063) (8,063)
Cash dividends paid on common stock (144,172) (134,902) (132,161)
Net cash from financing activities 1,044,118 1,486,061 71,460
Net change in cash and cash equivalents 911,602 549,922 (772,600)
Cash and cash equivalents at beginning of year 4,141,445 3,591,523 4,364,123
Cash and cash equivalents at end of year $ 5,053,047 $ 4,141,445 $ 3,591,523