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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 $ 335,665 $ 263,625
Adjustments to reconcile net income to net cash from operating activities:    
Provision for loan losses 17,846 27,358
Deferred tax expense (benefit) 39,198 (9,505)
Accretion of loan discounts (10,470) (11,567)
Securities premium amortization (discount accretion), net 73,748 66,455
Net (gain) loss on securities transactions 113 4,917
Depreciation and amortization 37,452 35,819
Net (gain) loss on sale/write-down of assets/foreclosed assets (6,122) (2,045)
Stock-based compensation 9,556 9,013
Net tax benefit from stock-based compensation 3,378 5,844
Earnings on life insurance policies (2,510) (2,367)
Net change in:    
Trading account securities (1,094) (3,018)
Accrued interest receivable and other assets (19,047) 10,495
Accrued interest payable and other liabilities (17,545) (39,580)
Net cash from operating activities 460,168 355,444
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 300,340 780,562
Securities available for sale:    
Purchases (14,983,642) (9,138,457)
Sales 13,838,566 8,993,963
Maturities, calls and principal repayments 182,028 283,278
Proceeds from sale of loans 21,318 0
Net change in loans (718,551) (745,702)
Benefits received on life insurance policies 384 462
Proceeds from sales of premises and equipment 12,859 1,553
Purchases of premises and equipment (56,781) (23,796)
Proceeds from sales of repossessed properties 1,106 517
Net cash from investing activities (1,403,873) 152,380
Financing Activities:    
Net change in deposits (523,535) 591,694
Net change in short-term borrowings (64,047) 20,927
Proceeds from issuance of subordinated notes 0 98,434
Principal payments on subordinated notes 0 (100,000)
Proceeds from stock option exercises 26,567 45,422
Purchase of treasury stock (70) (100,042)
Cash dividends paid on preferred stock (6,047) (6,047)
Cash dividends paid on common stock (122,721) (107,754)
Net cash from financing activities (689,853) 442,634
Net change in cash and cash equivalents (1,633,558) 950,458
Cash and equivalents at beginning of period 5,053,047 4,141,445
Cash and equivalents at end of period $ 3,419,489 $ 5,091,903