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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating Activities:      
Net income $ 454,918 $ 364,149 $ 304,261
Adjustments to reconcile net income to net cash from operating activities:      
Provision for loan losses 21,613 35,460 51,673
Deferred tax expense (benefit) 52,923 (14,493) (11,598)
Accretion of loan discounts (14,341) (16,062) (15,582)
Securities premium amortization (discount accretion), net 100,528 89,933 79,705
Net (gain) loss on securities transactions 156 4,941 (14,975)
Depreciation and amortization 50,172 47,812 48,177
Net (gain) loss on sale/write-down of assets/foreclosed assets (5,272) (4,697) (3,618)
Stock-based compensation 13,943 13,013 11,799
Net tax benefit from stock-based compensation 3,865 9,062 5,063
Earnings on life insurance policies (3,380) (3,190) (3,599)
Net change in:      
Trading account securities (2,658) (3,842) (124)
Accrued interest receivable and other assets (85,898) (55,179) (7,395)
Accrued interest payable and other liabilities (24,181) 71,172 (5,945)
Net cash from operating activities 562,388 538,079 437,842
Investing Activities:      
Securities held to maturity: Purchases (1,500) 0 0
Securities held to maturity: Sales 0 0 136,719
Securities held to maturity: Maturities, calls and principal repayments 300,632 783,176 228,641
Securities available for sale:      
Purchases (18,191,057) (13,529,192) (16,419,833)
Sales 16,806,062 11,963,359 14,847,380
Maturities, calls and principal repayments 221,906 1,328,143 335,750
Proceeds from sale of loans 21,318 0 30,470
Net change in loans (1,008,789) (1,187,631) (538,989)
Net cash (paid) received in acquisitions 0 0 (492)
Benefits received on life insurance policies 384 597 906
Proceeds from sales of premises and equipment 13,628 4,525 58,774
Purchases of premises and equipment (79,270) (34,089) (53,648)
Proceeds from sales of repossessed properties 3,366 517 341
Net cash from investing activities (1,913,320) (670,595) (1,373,981)
Financing Activities:      
Net change in deposits 276,815 1,060,814 1,467,980
Net change in short-term borrowings 219,724 170,832 83,470
Proceeds from issuance of subordinated notes 0 98,434 0
Principal payments on subordinated notes 0 (100,000) 0
Proceeds from stock option exercises 31,647 67,746 78,866
Purchase of treasury stock (101,010) (101,473) (1,290)
Cash dividends paid on preferred stock (8,063) (8,063) (8,063)
Cash dividends paid on common stock (165,449) (144,172) (134,902)
Net cash from financing activities 253,664 1,044,118 1,486,061
Net change in cash and cash equivalents (1,097,268) 911,602 549,922
Cash and cash equivalents at beginning of year 5,053,047 4,141,445 3,591,523
Cash and cash equivalents at end of year $ 3,955,779 $ 5,053,047 $ 4,141,445