XML 50 R8.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Operating Activities:    
Net income $ 61,033 $ 51,928
Adjustments to reconcile net income to net cash from operating activities:    
Provision for loan losses 1,100 9,450
Deferred tax expense (benefit) (2,539) (139)
Accretion of loan discounts (2,962) (2,366)
Securities premium amortization (discount accretion), net 4,539 2,368
Net (gain) loss on securities transactions 491 (5)
Depreciation and amortization 9,497 9,191
Net loss on sale/write-down of assets/foreclosed assets 477 1,597
Stock-based compensation 2,555 3,737
Net tax benefit (deficiency) from stock-based compensation (418) (65)
Excess tax benefits from stock-based compensation (41) (154)
Earnings on life insurance policies (1,068) (988)
Net change in:    
Trading account securities (3,237) (5,645)
Accrued interest receivable and other assets 41,769 27,621
Accrued interest payable and other liabilities (9,286) (25,293)
Net cash from operating activities 101,910 71,237
Securities held to maturity:    
Purchases   (57,547)
Maturities, calls and principal repayments 315 156
Securities available for sale:    
Purchases (10,984,308) (6,195,353)
Sales 9,985,078 5,547,541
Maturities, calls and principal repayments 218,136 148,979
Net change in loans (133,759) 75,427
Net cash paid in acquisitions (7,199)  
Proceeds from sales of premises and equipment 214 988
Purchases of premises and equipment (8,276) (3,586)
Proceeds from sales of repossessed properties 4,522 3,599
Net cash from investing activities (925,277) (479,796)
Financing Activities:    
Net change in deposits 152,273 230,217
Net change in short-term borrowings (85,104) 77,898
Principal payments on long-term borrowings (4) (5)
Proceeds from stock option exercises 5,542 5,769
Excess tax benefits from stock-based compensation 41 154
Purchase of treasury stock   (201)
Cash dividends paid (28,239) (27,579)
Net cash from financing activities 44,509 286,253
Net change in cash and cash equivalents (778,858) (122,306)
Cash and equivalents at beginning of period 2,907,592 2,820,977
Cash and equivalents at end of period $ 2,128,734 $ 2,698,671