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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Dec. 31, 2015
Operating Activities:          
Net income $ 37,817 $ 34,343 $ 95,058 $ 106,322  
Adjustment to reconcile net income to net cash provided by operating activities:          
Provision for credit losses   (3,000) 3,000 (13,000) $ (13,000)
Depreciation and amortization     19,023 19,914  
Amortization of intangibles 923 949 2,672 3,042  
Amortization of debt securities premium and discount, net     7,751 9,461  
Share-based compensation expense     6,856 5,749  
Security gains, net (1) (33) (89) (88)  
Net deferred loan origination expense     (5,059) (5,073)  
Excess tax benefit from exercise of stock options     (1,247) (867)  
Increase in interest receivable     (682) 386  
Increase (decrease) in interest payable     1,036 (47)  
Realized gain on mortgages sold     (40,209) (34,965)  
Proceeds from mortgages sold     1,249,605 1,134,164  
Origination of mortgages held for sale     (1,256,131) (1,130,433)  
Loss on other real estate owned, net (525) (321) 2,254 2,956  
Increase in bank-owned life insurance     (5,481) (5,491)  
Other, net     15,465 14,532  
Net cash provided by (used in) operating activities     93,822 106,562  
Investing activities:          
Proceeds from calls and maturities of available-for-sale securities     315,221 276,707  
Proceeds from sales of available-for-sale securities     15 1,110  
Purchases of available-for-sale securities     (690,820) (294,853)  
Net increase in loans and leases     (293,761) (503,869)  
Purchases of premises and equipment     (17,637) (20,125)  
Proceeds from sale of premises and equipment     1,362 549  
Purchase of bank-owned life insurance, net of proceeds from death benefits       2,742  
Acquisition of Insurance Agency     (3,716)    
Proceeds from sale of other real estate owned     10,352 13,033  
Other, net     (87) (12)  
Net cash provided by (used in) investing activities     (679,071) (524,718)  
Financing activities:          
Net increase in deposits     258,898 169,607  
Net decrease in short-term debt and other liabilities     1,023 258,024  
Advances of long-term debt     500,000    
Repayment of long-term debt     (6,280) (6,280)  
Issuance of common stock     1,879 6,071  
Repurchase of common stock     (14,162) (70,439)  
Excess tax benefit from exercise of stock options     1,247 867  
Payment of cash dividends     (30,599) (23,953)  
Net cash provided by financing activities     712,006 333,897  
Increase in cash and cash equivalents     126,757 (84,259)  
Cash and cash equivalents at beginning of period     197,969 357,250 357,250
Cash and cash equivalents at end of period $ 324,726 $ 272,991 324,726 272,991 $ 197,969
Supplemental Cash Flow Information          
Income tax payments, net     36,897 58,298  
Interest paid     20,634 21,923  
Transfers of loans to other real estate owned     9,266 5,868  
MSR fair value adjustment     (10,233) (4,026)  
Financed sales of other real estate owned     $ 673 1,178  
Transfers of loans held for sale to loan portfolio       $ 75