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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating Activities:    
Net income $ 106,480 $ 84,941
Adjustments to reconcile net income to net cash from operating activities:    
Provision for loan losses 6,945 7,952
Deferred tax expense (benefit) 10,411 (4,301)
Accretion of loan discounts (3,378) (3,913)
Securities premium amortization (discount accretion), net 24,260 21,638
Net (gain) loss on securities transactions 19 0
Depreciation and amortization 12,130 12,121
Net (gain) loss on sale/write-down of assets/foreclosed assets (3,982) (533)
Stock-based compensation 3,175 3,103
Net tax benefit from stock-based compensation 2,211 3,515
Earnings on life insurance policies (820) (783)
Net change in:    
Trading account securities 1,326 (1,088)
Accrued interest receivable and other assets 23,555 55,705
Accrued interest payable and other liabilities 28,376 (48,702)
Net cash from operating activities 210,708 129,655
Investing Activities:    
Securities held-to-maturity - Purchases (1,500) 0
Securities held-to-maturity - Sales 0 0
Securities held to maturity: Maturities, calls and principal repayments 179,149 599,457
Securities available for sale:    
Purchases (3,245,923) (466,004)
Sales 2,984,867 0
Maturities, calls and principal repayments 62,768 107,586
Proceeds from sale of loans 0 0
Net change in loans (227,417) (214,281)
Benefits received on life insurance policies 0 461
Proceeds from sales of premises and equipment 11,317 1,544
Purchases of premises and equipment (16,759) (6,311)
Proceeds from sales of repossessed properties 307 345
Net cash from investing activities (253,191) 22,797
Financing Activities:    
Net change in deposits (194,611) 330,589
Net change in short-term borrowings (115,603) (81,792)
Proceeds from issuance of subordinated notes 0 98,446
Principal payments on subordinated notes 0 (100,000)
Proceeds from stock option exercises 19,165 24,747
Purchase of treasury stock 0 (42)
Cash dividends paid on preferred stock (2,016) (2,016)
Cash dividends paid on common stock (36,551) (34,656)
Net cash from financing activities (329,616) 235,276
Net change in cash and cash equivalents (372,099) 387,728
Cash and equivalents at beginning of period 5,053,047 4,141,445
Cash and equivalents at end of period $ 4,680,948 $ 4,529,173