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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net income $ 75,214 $ 62,332
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 12,440 10,230
Stock-based compensation 5,184 3,886
Provision for credit losses 2,229 4,500
Net amortization of premiums and accretion of discounts on securities and borrowings 7,047 12,519
Amortization of other intangible assets 5,777 4,489
Gains on securities transactions, net (268) (2,324)
Proceeds from sales of loans held for sale 185,577 53,005
Gains on sales of loans, net (4,900) (1,020)
Originations of loans held for sale (171,123) (32,793)
Gains on sales of assets, net (699) (481)
FDIC loss-share receivable (excluding reimbursements) 559 3,325
Net change in:    
Trading securities 0 14,233
Fair value of borrowings hedged by derivative transactions 6,779 (1,059)
Cash surrender value of bank owned life insurance (3,781) (3,382)
Accrued interest receivable (1,639) (945)
Other assets (18,585) (25,207)
Accrued expenses and other liabilities (743) (1,696)
Net cash provided by operating activities 99,068 99,612
Cash flows from investing activities:    
Net loan originations (15,384) (385,576)
Loans purchased (443,770) (629,074)
Investment securities held to maturity:    
Purchases (309,507) (168,682)
Sales 0 11,666
Maturities, calls and principal repayments 134,389 209,017
Investment securities available for sale:    
Purchases (432,530) (26,791)
Sales 2,081 14,022
Maturities, calls and principal repayments 760,312 80,994
Proceeds from sales of real estate property and equipment 9,146 7,626
Purchases of real estate property and equipment (15,353) (9,106)
Reimbursements from the FDIC 94 1,753
Net cash used in investing activities (310,522) (894,151)
Cash flows from financing activities:    
Net change in deposits 102,507 296,915
Net change in short-term borrowings 334,853 (20,633)
Proceeds from issuance of long-term borrowings, net 0 98,851
Repayments of long-term borrowings (269,000) 0
Proceeds from issuance of preferred stock, net 0 111,590
Cash dividends paid to preferred shareholders (3,594) 0
Cash dividends paid to common shareholders (55,857) (51,012)
Purchase of common shares to treasury (1,615) (2,082)
Common stock issued, net 3,491 3,708
Net cash provided by financing activities 110,785 437,337
Net change in cash and cash equivalents (100,669) (357,202)
Cash and cash equivalents at beginning of year 413,800 830,407
Cash and cash equivalents at end of period 313,131 473,205
Supplemental disclosures of cash flow information:    
Interest on deposits and borrowings 76,693 78,777
Federal and state income taxes 12,964 38,525
Supplemental schedule of non-cash investing activities:    
Transfer of loans to other real estate owned $ 2,899 $ 4,369