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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash Flows From Operating Activities    
Net income $ 189,021 $ 143,332
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation 19,980 17,666
Amortization of other intangible assets 12,965 10,308
Amortization of tax credit investments 2,039 21,807
Net premium amortization on investment securities 13,199 11,290
Accretion income related to acquired loans (33,465) (29,525)
Share-based compensation expense 5,946 5,629
Excess tax (benefit) expense on share-based compensation (1,057) 416
Provision for loan losses 3,483 3,576
Net debt securities (gains) losses (1,486) (2,417)
Net (gains) losses on sales of loans and other assets (3,815) (215)
Increase in cash surrender value of company-owned life insurance (8,602) (7,993)
Residential real estate loans originated for sale (564,457) (377,702)
Proceeds from sales of residential real estate loans 528,739 378,849
(Increase) decrease in interest receivable 8,717 5,112
(Increase) decrease in other assets (1,695) 5,947
Increase (decrease) in accrued expenses and other liabilities (32,816) (7,866)
Net cash flows provided by (used in) operating activities 136,696 178,214
Cash Flows From Investing Activities    
Purchases of investment securities available-for-sale (1,713,799) (446,276)
Purchases of Federal Home Loan Bank/Federal Reserve Bank stock (21,142) (16,520)
Proceeds from maturities, prepayments, and calls of investment securities available-for-sale 810,397 316,239
Proceeds from sales of investment securities available-for-sale 295,615 136,648
Proceeds from maturities, prepayments, and calls of investment securities held-to-maturity 99,913 49,520
Proceeds from sales of Federal Home Loan Bank/Federal Reserve Bank stock 21 0
Proceeds from sales of equity securities 130 128
Proceeds from sale of student loan portfolio   70,674
Loan originations and payments, net 257,675 (211,199)
Proceeds from company-owned life insurance death benefits 5,716 6,501
Proceeds from sales of premises and equipment and other assets 3,038 6,013
Purchases of premises and equipment and other assets (31,095) (24,704)
Net cash flows provided by (used in) investing activities (293,531) (112,976)
Cash Flows From Financing Activities    
Deposits 98,403 (7,703)
Federal funds purchased and interbank borrowings (29,546) 114,998
Securities sold under agreements to repurchase (24,743) (64,979)
Other borrowings 3,744 2,427
Payments for maturities of Federal Home Loan Bank advances (375,999) (998,801)
Proceeds from Federal Home Loan Bank advances 750,000 945,000
Cash dividends paid on common stock (67,424) (59,394)
Common stock repurchased (95,214) (1,776)
Proceeds from exercise of stock options 280 948
Common stock issued 419 371
Net cash flows provided by (used in) financing activities 259,920 (68,909)
Net increase (decrease) in cash and cash equivalents 103,085 (3,671)
Cash and cash equivalents at beginning of period 317,165 290,432
Cash and cash equivalents at end of period 420,250 286,761
Supplemental cash flow information:    
Total interest paid 101,224 65,880
Total taxes paid (net of refunds) 2,954 1,681
Investment securities purchased but not settled 64,924 2,291
Securities transferred from held-to-maturity to available-for-sale 0 447,026
Securities transferred from available-for-sale to held-to-maturity 0 323,990
Operating lease right-of-use assets obtained in exchange for lease obligations 117,853 0
Finance lease right-of-use assets obtained in exchange for lease obligations $ 7,871 $ 0