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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 97,465 $ 116,154
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 21,350 21,533
Provision for loan losses 96,204 22,842
Gain on other real estate owned (5,145) (521)
Deferred tax (benefit) expense (14,713) 11,895
Increase in cash surrender value of life insurance contracts (8,807) (7,700)
(Gain) loss on disposal of other assets (6,014) 1,626
Net (increase) decrease in loans held for sale (21,698) 498
Net amortization of securities premium/discount 20,836 15,456
Amortization of intangible assets 15,015 18,493
Amortization of FDIC indemnification asset 4,678 4,034
Stock-based compensation expense 10,555 9,469
Increase (decrease) in interest payable and other liabilities 8,502 (6,753)
Net payments (to) from FDIC for loss share claims (436) 14,667
Decrease in FDIC loss share receivable 3,487 6,309
Decrease (increase) in other assets 40,693 (9,980)
Other, net 6,572 4,768
Net cash provided by operating activities 268,544 222,790
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sales of securities 141,716 9,287
Proceeds from maturities of securities available for sale 298,810 755,663
Purchases of securities available for sale (720,241) (1,286,443)
Proceeds from maturities of securities held to maturity 307,633 439,410
Purchases of securities held to maturity (371,657) (658,226)
Net decrease in short-term investments 436,635 608,534
Proceeds from sales of loans 166,922  
Net increase in loans (591,696) (882,702)
Purchase of life insurance contracts (40,000)  
Purchases of property and equipment (10,817) (19,529)
Proceeds from sales of property and equipment 677 13,607
Proceeds from sales of other real estate 20,709 39,612
Other, net (3,651) (8,603)
Net cash used in investing activities (364,960) (989,390)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in deposits 536,581 867,117
Net decrease in short-term borrowings (347,688) (102,391)
Repayments of long-term debt (16,796) (31,621)
Net proceeds from issuance of long-term debt 6,796 149,153
Dividends paid (57,349) (57,881)
Purchase of common stock under stock buyback program   (90,836)
Proceeds from exercise of stock options 49 347
Issuance of stock from dividend reinvestment 821  
Net cash provided by financing activities 122,414 733,888
NET INCREASE (DECREASE) IN CASH AND DUE FROM BANKS 25,998 (32,712)
CASH AND DUE FROM BANKS, BEGINNING 303,874 356,455
CASH AND DUE FROM BANKS, ENDING 329,872 323,743
SUPPLEMENTAL INFORMATION FOR NON-CASH INVESTING AND FINANCING ACTIVITIES    
Assets acquired in settlement of loans $ 12,012 $ 12,997