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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income $ 168,146 $ 102,957 $ 116,172
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 24,431 21,082 19,465
Stock-based compensation 10,032 7,575 7,489
Provision for credit losses 11,869 8,101 1,884
Net amortization of premiums and accretion of discounts on securities and borrowings 24,310 22,080 26,949
Amortization of other intangible assets 11,327 9,169 9,919
Gains on securities transactions, net (777) (2,487) (745)
Proceeds from sales of loans held for sale 572,439 144,790 85,452
Gains on sales of loans, net (22,030) (4,245) (1,731)
Originations of loans held for sale (425,713) (134,328) (91,463)
Gains on sales of assets, net (1,358) (2,776) (18,087)
Net deferred income tax expense 27,154 16,453 11,455
FDIC loss-share receivable (excluding reimbursements) 1,291 3,326 20,792
Net change in:      
Trading securities 0 14,233 31
Fair value of borrowings hedged by derivative transactions 6,158 1,473 1,364
Cash surrender value of bank owned life insurance (6,694) (6,815) (6,392)
Accrued interest receivable (3,262) (2,480) 423
Other assets 46,167 (74,589) 15,867
Accrued expenses and other liabilities (24,313) 31,410 (14,868)
Net cash provided by operating activities 419,177 154,929 183,976
Cash flows from investing activities:      
Net loan originations and purchases (1,379,218) (1,756,578) (778,300)
Investment securities held to maturity:      
Purchases (669,157) (239,608) (397,186)
Sales 0 11,666 0
Maturities, calls and principal repayments 325,766 402,485 347,531
Investment securities available for sale:      
Purchases (679,530) (594,327) (28,415)
Sales 4,782 140,640 62,025
Maturities, calls and principal repayments 867,998 142,588 153,673
Death benefit proceeds from bank owned life insurance 2,406 0 0
Proceeds from sales of real estate property and equipment 20,560 23,861 43,360
Purchases of real estate property and equipment (20,707) (34,040) (21,862)
(Payments to) reimbursements from the FDIC (213) 1,889 5,582
Cash and cash equivalents acquired in acquisitions 0 201,025 102,025
Net cash used in investing activities (1,527,313) (1,700,399) (511,567)
Cash flows from financing activities:      
Net change in deposits 1,477,157 1,051,660 1,300,011
Net change in short-term borrowings 3,969 873,123 (151,470)
Proceeds from issuance of long-term borrowings, net 385,000 162,792 0
Repayments of long-term borrowings (769,182) (970,000) (275,000)
Proceeds from issuance of preferred stock, net 0 111,590 0
Dividends paid to preferred shareholders (7,188) (3,813) 0
Cash dividends paid to common shareholders (111,813) (102,279) (88,119)
Purchase of common shares to treasury (3,191) (2,108) (1,688)
Common stock issued, net 112,085 7,898 5,096
Net cash provided by financing activities 1,086,837 1,128,863 788,830
Net change in cash and cash equivalents (21,299) (416,607) 461,239
Cash and cash equivalents at beginning of year 413,800 830,407 369,168
Cash and cash equivalents at end of year 392,501 413,800 830,407
Supplemental disclosures of cash flow information:      
Interest on deposits and borrowings 151,209 159,170 162,762
Federal and state income taxes 26,564 50,027 34,236
Supplemental schedule of non-cash investing activities:      
Transfer of loans to other real estate owned 8,089 8,828 11,012
Loans transferred to loans held for sale 174,501 0 27,329
Non-cash assets acquired:      
Loans 0 822,716 1,160,269
Premises and equipment 0 8,550 11,234
Bank owned life insurance 0 5,090 25,224
Accrued interest receivable 0 3,741 3,792
Goodwill 0 113,587 148,115
Other intangible assets 0 18,616 9,750
Other assets 0 49,831 52,349
Total non-cash assets acquired 0 1,349,283 1,634,737
Liabilities assumed:      
Deposits 0 1,167,725 1,414,843
Short-term borrowings 0 57,087 16,796
Long-term borrowings 0 90,738 0
Accrued expenses and other liabilities 0 5,156 13,900
Total liabilities assumed 0 1,320,706 1,445,539
Net non-cash assets acquired 0 28,577 189,198
Net cash and cash equivalents acquired in acquisition 0 201,025 102,025
Common stock issued in acquisition 0 229,602 291,223
Held-to-maturity securities      
Non-cash assets acquired:      
Investments acquired 0 0 7,930
Available for sale securities      
Non-cash assets acquired:      
Investments acquired $ 0 $ 327,152 $ 216,074