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Consolidated Statements of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:  
Net Income$ 109,494$ 96,842
Adjustments to reconcile net income to net cash provided by operating activities:  
Provision for credit losses105,000120,000
Depreciation and amortization of premises and equipment15,82415,371
Net amortization of investment securities premiums2,5962,916
Investment securities gains(1,507)(507)
Net decrease (increase) in loans held for sale20,386(17,856)
Amortization of intangible assets3,3033,948
Stock-based compensation3,4731,428
Decrease in accrued interest receivable1,3813,348
Decrease (increase) in other assets13,599(9,424)
Decrease in accrued interest payable(5,655)(11,194)
(Decrease) increase in other liabilities(18,862)(17,527)
Total adjustments139,53890,503
Net cash provided by operating activities249,032187,345
CASH FLOWS FROM INVESTING ACTIVITIES:  
Proceeds from sales of securities available for sale419,803401,518
Proceeds from maturities of securities held to maturity388382
Proceeds from maturities of securities available for sale440,475567,825
Purchase of securities held to maturity(28)(194)
Purchase of securities available for sale(616,586)(467,698)
Increase in short-term investments(223,063)(176,830)
Net increase in loans(74,029)(70,873)
Net purchases of premises and equipment(13,978)(15,169)
Net cash provided by (used in) investing activities(67,018)238,961
CASH FLOWS FROM FINANCING ACTIVITIES:  
Net increase in demand and savings deposits728,652892,809
Net decrease in time deposits(479,609)(422,606)
Decrease in short-term borrowings(225,122)(397,859)
Additions to long-term debt047,900
Repayments of long-term debt(93,945)(389,160)
Net proceeds from issuance of stock4,848230,239
Redemption of preferred stock and common stock warrent0(387,300)
Dividends paid(23,922)(29,037)
Net cash used in financing activities(89,098)(455,014)
Net Increase (Decrease) in Cash and Due From Banks92,916(28,708)
Cash and Due From Banks at Beginning of Period198,954284,508
Cash and Due From Banks at End of Period291,870255,800
Cash paid during the period for:  
Interest108,319156,965
Income taxes$ 21,216$ 41,018