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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income $ 161,907 $ 168,146 $ 102,957
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 24,845 24,431 21,082
Stock-based compensation 12,204 10,032 7,575
Provision for credit losses 9,942 11,869 8,101
Net amortization of premiums and accretion of discounts on securities and borrowings 46,346 24,310 22,080
Amortization of other intangible assets 10,016 11,327 9,169
Losses (gains) on securities transactions, net 20 (777) (2,487)
Proceeds from sales of loans held for sale 813,855 572,439 144,790
Gains on sales of loans, net (20,814) (22,030) (4,245)
Originations of loans held for sale (444,290) (425,713) (134,328)
Losses (gains) on sales of assets, net 95 (1,358) (2,776)
Net deferred income tax expense 76,848 27,154 16,453
Net change in:      
Trading securities 0 0 14,233
Fair value of borrowings hedged by derivative transactions 0 6,158 1,473
Cash surrender value of bank owned life insurance (7,338) (6,694) (6,815)
Accrued interest receivable (7,174) (3,262) (2,480)
Other assets (57,353) 47,458 (71,263)
Accrued expenses and other liabilities 121 (24,313) 31,410
Net cash provided by operating activities 619,230 419,177 154,929
Cash flows from investing activities:      
Net loan originations and purchases (1,418,073) (1,379,431) (1,754,689)
Investment securities held to maturity:      
Purchases (220,356) (669,157) (239,608)
Sales 0 0 11,666
Maturities, calls and principal repayments 290,929 325,766 402,485
Investment securities available for sale:      
Purchases (411,788) (679,530) (594,327)
Sales 2,727 4,782 140,640
Maturities, calls and principal repayments 204,684 867,998 142,588
Death benefit proceeds from bank owned life insurance 13,089 2,406 0
Proceeds from sales of real estate property and equipment 9,357 20,560 23,861
Purchases of real estate property and equipment (18,117) (20,707) (34,040)
Cash and cash equivalents acquired in acquisitions 0 0 201,025
Net cash used in investing activities (1,547,548) (1,527,313) (1,700,399)
Cash flows from financing activities:      
Net change in deposits 422,754 1,477,157 1,051,660
Net change in short-term borrowings (332,332) 3,969 873,123
Proceeds from issuance of long-term borrowings, net 1,065,000 385,000 162,792
Repayments of long-term borrowings (185,000) (769,182) (970,000)
Proceeds from issuance of preferred stock, net 98,101 0 111,590
Cash dividends paid to preferred shareholders (6,277) (7,188) (3,813)
Cash dividends paid to common shareholders (115,881) (111,813) (102,279)
Purchase of common shares to treasury (2,645) (3,191) (2,108)
Common stock issued, net 8,207 112,085 7,898
Net cash provided by financing activities 951,927 1,086,837 1,128,863
Net change in cash and cash equivalents 23,609 (21,299) (416,607)
Cash and cash equivalents at beginning of year 392,501 413,800 830,407
Cash and cash equivalents at end of year 416,110 392,501 413,800
Supplemental disclosures of cash flow information:      
Interest on deposits and borrowings 170,614 151,209 159,170
Federal and state income taxes 29,013 26,564 50,027
Supplemental schedule of non-cash investing activities:      
Transfer of loans to other real estate owned 7,301 8,089 8,828
Loans transferred to loans held for sale 313,201 174,501 0
Non-cash assets acquired:      
Investment securities available for sale 0 0 327,152
Loans 0 0 822,716
Premises and equipment 0 0 8,550
Bank owned life insurance 0 0 5,090
Accrued interest receivable 0 0 3,741
Goodwill 0 0 113,587
Other intangible assets 0 0 18,616
Other assets 0 0 49,831
Total non-cash assets acquired 0 0 1,349,283
Liabilities assumed:      
Deposits 0 0 1,167,725
Short-term borrowings 0 0 57,087
Long-term borrowings 0 0 90,738
Accrued expenses and other liabilities 0 0 5,156
Total liabilities assumed 0 0 1,320,706
Net non-cash assets acquired 0 0 28,577
Net cash and cash equivalents acquired in acquisition 0 0 201,025
Common stock issued in acquisition $ 0 $ 0 $ 229,602