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Condensed consolidating financial information of guarantor and issuers of registered guaranteed securities (Tables)
 6 Months Ended
Jun. 30, 2017
Table Text Block  
Schedule of Condensed Balance Sheet [Table Text Block]
Condensed Consolidating Statement of Financial Condition (Unaudited)
At June 30, 2017
All other
Popular Inc.PNAsubsidiaries andEliminationPopular, Inc.
(In thousands)Holding Co.Holding Co.eliminationsentriesConsolidated
Assets:
Cash and due from banks$53,002$462$405,723$(53,499)$405,688
Money market investments217,4038,1674,219,227(225,167)4,219,630
Trading account securities, at fair value3,269-47,149(125)50,293
Investment securities available-for-sale, at
fair value--9,409,402-9,409,402
Investment securities held-to-maturity, at
amortized cost--96,286-96,286
Other investment securities, at lower of cost
or realizable value9,8504,492155,835-170,177
Investment in subsidiaries5,676,7251,836,482-(7,513,207)-
Loans held-for-sale, at lower of cost or
fair value--69,797-69,797
Loans held-in-portfolio:
Loans not covered under loss-sharing
agreements with the FDIC32,997-23,007,1265,95523,046,078
Loans covered under loss-sharing
agreements with the FDIC--536,341-536,341
Less - Unearned income--127,807-127,807
Allowance for loan losses271-539,743-540,014
Total loans held-in-portfolio, net32,726-22,875,9175,95522,914,598
FDIC loss-share asset--52,583-52,583
Premises and equipment, net3,015-543,971-546,986
Other real estate not covered under loss-
sharing agreements with the FDIC81-181,015-181,096
Other real estate covered under loss-
sharing agreements with the FDIC--25,350-25,350
Accrued income receivable206132135,881(115)136,104
Mortgage servicing assets, at fair value--188,728-188,728
Other assets77,42232,7562,022,086(23,968)2,108,296
Goodwill--627,294-627,294
Other intangible assets6,114-34,247-40,361
Total assets$6,079,813$1,882,491$41,090,491$(7,810,126)$41,242,669
Liabilities and Stockholders' Equity
Liabilities:
Deposits:
Non-interest bearing$-$-$7,535,231$(53,499)$7,481,732
Interest bearing--25,865,468(225,167)25,640,301
Total deposits--33,400,699(278,666)33,122,033
Assets sold under agreements to repurchase--406,385-406,385
Other short-term borrowings--1,200-1,200
Notes payable736,642148,525675,667-1,560,834
Other liabilities65,03710,670820,419(21,954)874,172
Total liabilities801,679159,19535,304,370(300,620)35,964,624
Stockholders' equity:
Preferred stock50,160---50,160
Common stock1,041256,307(56,309)1,041
Surplus4,254,8434,106,0075,717,821(9,815,301)4,263,370
Retained earnings (accumulated deficit)1,365,031(2,362,692)312,5832,041,5821,356,504
Treasury stock, at cost(89,998)--(89)(90,087)
Accumulated other comprehensive loss,
net of tax(302,943)(20,021)(300,590)320,611(302,943)
Total stockholders' equity5,278,1341,723,2965,786,121(7,509,506)5,278,045
Total liabilities and stockholders' equity$6,079,813$1,882,491$41,090,491$(7,810,126)$41,242,669

Condensed Consolidating Statement of Financial Condition (Unaudited)
At December 31, 2016
All other
Popular, Inc.PNAsubsidiaries andEliminationPopular, Inc.
(In thousands)Holding Co.Holding Co.eliminationsentriesConsolidated
Assets:
Cash and due from banks$47,783$591$362,101$(48,081)$362,394
Money market investments252,34713,2632,891,670(267,063)2,890,217
Trading account securities, at fair value2,640-57,297(132)59,805
Investment securities available-for-sale, at
fair value--8,209,806-8,209,806
Investment securities held-to-maturity, at
amortized cost--98,101-98,101
Other investment securities, at lower of cost
or realizable value9,8504,492153,476-167,818
Investment in subsidiaries5,609,6111,818,127-(7,427,738)-
Loans held-for-sale, at lower of cost or
fair value--88,821-88,821
Loans held-in-portfolio:
Loans not covered under loss-sharing
agreements with the FDIC1,142-22,894,030-22,895,172
Loans covered under loss-sharing
agreements with the FDIC--572,878-572,878
Less - Unearned income--121,425-121,425
Allowance for loan losses2-540,649-540,651
Total loans held-in-portfolio, net1,140-22,804,834-22,805,974
FDIC loss-share asset--69,334-69,334
Premises and equipment, net3,067-540,914-543,981
Other real estate not covered under loss-sharing
agreements with the FDIC81-180,364-180,445
Other real estate covered under loss-sharing
agreements with the FDIC--32,128-32,128
Accrued income receivable112138137,882(90)138,042
Mortgage servicing assets, at fair value--196,889-196,889
Other assets61,77025,1462,073,562(14,968)2,145,510
Goodwill--627,294-627,294
Other intangible assets553-44,497-45,050
Total assets$5,988,954$1,861,757$38,568,970$(7,758,072)$38,661,609
Liabilities and Stockholders' Equity
Liabilities:
Deposits:
Non-interest bearing$-$-$7,028,524$(48,081)$6,980,443
Interest bearing--23,782,844(267,063)23,515,781
Total deposits--30,811,368(315,144)30,496,224
Assets sold under agreements to repurchase--479,425-479,425
Other short-term borrowings--1,200-1,200
Notes payable735,600148,512690,740-1,574,852
Other liabilities55,3096,034865,861(15,253)911,951
Total liabilities790,909154,54632,848,594(330,397)33,463,652
Stockholders' equity:
Preferred stock50,160---50,160
Common stock1,040256,307(56,309)1,040
Surplus4,246,4954,111,2075,717,066(9,819,746)4,255,022
Retained earnings (accumulated deficit)1,228,834(2,382,049)264,9442,108,5781,220,307
Treasury stock, at cost(8,198)--(88)(8,286)
Accumulated other comprehensive loss,
net of tax(320,286)(21,949)(317,941)339,890(320,286)
Total stockholders' equity5,198,0451,707,2115,720,376(7,427,675)5,197,957
Total liabilities and stockholders' equity$5,988,954$1,861,757$38,568,970$(7,758,072)$38,661,609
Schedule of Condensed Income Statement [Table Text Block]
Condensed Consolidating Statement of Operations (Unaudited)
Quarter ended June 30, 2017
All other
Popular, Inc.PNAsubsidiaries andEliminationPopular, Inc.
(In thousands)Holding Co.Holding Co.eliminationsentriesConsolidated
Interest and dividend income:
Dividend income from subsidiaries$27,500$-$-$(27,500)$-
Loans114-367,555-367,669
Money market investments6091811,132(628)11,131
Investment securities1418148,315-48,537
Trading account securities--1,396-1,396
Total interest and dividend income28,36499428,398(28,128)428,733
Interest expense:
Deposits--34,720(628)34,092
Short-term borrowings--1,115-1,115
Long-term debt13,1172,6913,239-19,047
Total interest expense13,1172,69139,074(628)54,254
Net interest income (expense) 15,247(2,592)389,324(27,500)374,479
Provision for loan losses- non-covered loans269-55,651(5,955)49,965
Provision for loan losses- covered loans--2,514-2,514
Net interest income (expense)
after provision for loan losses14,978(2,592)331,159(21,545)322,000
Service charges on deposit accounts--41,073-41,073
Other service fees--60,473(1,305)59,168
Mortgage banking activities--10,741-10,741
Net gain on sale of investment securities--19-19
Other-than-temporary impairment losses on investment securities--(8,299)-(8,299)
Trading account profit (loss)280-(932)(3)(655)
Adjustments (expense) to indemnity reserves
on loans sold--(2,930)-(2,930)
FDIC loss-share expense--(475)-(475)
Other operating income 4,52041613,223(8)18,151
Total non-interest income4,800416112,893(1,316)116,793
Operating expenses:
Personnel costs11,974-106,841-118,815
Net occupancy expenses1,035-21,230-22,265
Equipment expenses485-15,765-16,250
Other taxes46-10,694-10,740
Professional fees3,6753369,433(207)72,934
Communications130-5,769-5,899
Business promotion540-12,826-13,366
FDIC deposit insurance--6,172-6,172
Other real estate owned (OREO) expenses --16,670-16,670
Other operating expenses(16,865)1338,795(563)21,380
Amortization of intangibles--2,344-2,344
Total operating expenses1,02046306,539(770)306,835
Income (loss) before income tax and equity in
earnings of subsidiaries18,758(2,222)137,513(22,091)131,958
Income tax (benefit) expense-(777)34,3992,11035,732
Income (loss) before equity in earnings of
subsidiaries18,758(1,445)103,114(24,201)96,226
Equity in undistributed earnings of
subsidiaries77,46812,995-(90,463)-
Net Income$96,226$11,550$103,114$(114,664)$96,226
Comprehensive income, net of tax$113,195$13,459$120,441$(133,900)$113,195

Condensed Consolidating Statement of Operations (Unaudited)
Six months ended June 30, 2017
All other
Popular, Inc.PNAsubsidiaries andEliminationPopular, Inc.
(In thousands)Holding Co.Holding Co.eliminationsentriesConsolidated
Interest and dividend income:
Dividend income from subsidiaries$156,500$-$-$(156,500)$-
Loans129-730,676-730,805
Money market investments1,0903917,704(1,129)17,704
Investment securities28316192,979-93,423
Trading account securities--2,796-2,796
Total interest and dividend income158,002200844,155(157,629)844,728
Interest expense:
Deposits--68,978(1,129)67,849
Short-term borrowings--2,210-2,210
Long-term debt26,2355,3836,474-38,092
Total interest expense26,2355,38377,662(1,129)108,151
Net interest income (expense)131,767(5,183)766,493(156,500)736,577
Provision for loan losses- non-covered loans269-97,708(5,955)92,022
Provision for loan losses- covered loans--1,155-1,155
Net interest income (expense)
after provision for loan losses131,498(5,183)667,630(150,545)643,400
Service charges on deposit accounts--80,609-80,609
Other service fees--116,731(1,388)115,343
Mortgage banking activities--22,110-22,110
Net gain on sale of investment securities--181-181
Other-than-temporary impairment losses on investment securities--(8,299)-(8,299)
Trading account profit (loss)160-(1,101)8(933)
Adjustments (expense) to indemnity reserves
on loans sold--(4,896)-(4,896)
FDIC loss-share expense--(8,732)-(8,732)
Other operating income9,1751,22526,893(14)37,279
Total non-interest income9,3351,225223,496(1,394)232,662
Operating expenses:
Personnel costs25,788-218,634-244,422
Net occupancy expenses1,949-41,092-43,041
Equipment expenses1,067-31,153-32,220
Other taxes92-21,617-21,709
Professional fees6,188(492)136,778(290)142,184
Communications282-11,566-11,848
Business promotion959-23,983-24,942
FDIC deposit insurance--12,665-12,665
Other real estate owned (OREO) expenses --29,488-29,488
Other operating expenses(35,655)2687,683(1,109)50,945
Amortization of intangibles--4,689-4,689
Total operating expenses670(466)619,348(1,399)618,153
Income (loss) before income tax
and equity in earnings of subsidiaries140,163(3,492)271,778(150,540)257,909
Income tax (benefit) expense -(1,222)67,6392,32168,738
Income (loss) before equity in
earnings of subsidiaries140,163(2,270)204,139(152,861)189,171
Equity in undistributed earnings of
subsidiaries49,00821,628-(70,636)-
Net Income$189,171$19,358$204,139$(223,497)$189,171
Comprehensive income, net of tax$206,514$21,286$221,490$(242,776)$206,514

Condensed Consolidating Statement of Operations (Unaudited)
Quarter ended June 30, 2016
All other
Popular, Inc.PNAsubsidiaries andEliminationPopular, Inc.
(In thousands)Holding Co.Holding Co.eliminationsentriesConsolidated
Interest and dividend income:
Dividend income from subsidiaries$24,200$-$-$(24,200)$-
Loans20-369,701-369,721
Money market investments323303,889(353)3,889
Investment securities1438136,501-36,725
Trading account securities--1,875-1,875
Total interest and dividend income24,686111411,966(24,553)412,210
Interest expense:
Deposits--30,952(353)30,599
Short-term borrowings--2,058-2,058
Long-term debt13,1182,6923,192-19,002
Total interest expense13,1182,69236,202(353)51,659
Net interest income (expense)11,568(2,581)375,764(24,200)360,551
Provision for loan losses- non-covered loans31-39,637-39,668
Provision for loan losses- covered loans--804-804
Net interest income (expense) after provision for
loan losses11,537(2,581)335,323(24,200)320,079
Service charges on deposit accounts--40,296-40,296
Other service fees--58,224(1,279)56,945
Mortgage banking activities--16,227-16,227
Net gain on sale of investment securities1,583---1,583
Other-than-temporary impairment losses on
investment securities--(209)-(209)
Trading account profit35-1,082-1,117
Adjustments (expense) to indemnity reserves
on loans sold--(5,746)-(5,746)
FDIC loss-share expense--(12,576)-(12,576)
Other operating income (loss)1,812(1,636)12,701(11)12,866
Total non-interest income (expense)3,430(1,636)109,999(1,290)110,503
Operating expenses:
Personnel costs10,634-106,074-116,708
Net occupancy expenses845-20,869-21,714
Equipment expenses643-14,618-15,261
Other taxes47-10,123-10,170
Professional fees2,3313078,491(227)80,625
Communications140-5,872-6,012
Business promotion486-13,219-13,705
FDIC deposit insurance--5,362-5,362
Other real estate owned (OREO) expenses 68-12,912-12,980
Other operating expenses(15,950)439,998(537)23,515
Amortization of intangibles--3,097-3,097
Total operating expenses(756)34310,635(764)309,149
Income (loss) before income tax and equity in earnings
of subsidiaries15,723(4,251)134,687(24,726)121,433
Income tax (benefit) expense -(1,488)34,140(206)32,446
Income (loss) before equity in earnings of subsidiaries15,723(2,763)100,547(24,520)88,987
Equity in undistributed earnings of subsidiaries73,26412,176-(85,440)-
Net Income $88,987$9,413$100,547$(109,960)$88,987
Comprehensive income, net of tax$125,125$16,343$137,225$(153,568)$125,125

Condensed Consolidating Statement of Operations (Unaudited)
Six months ended June 30, 2016
All other
Popular, Inc.PNAsubsidiaries andEliminationPopular, Inc.
(In thousands)Holding Co.Holding Co.eliminationsentriesConsolidated
Interest and dividend income:
Dividend income from subsidiaries$53,900$-$-$(53,900)$-
Loans39-732,879-732,918
Money market investments578516,752(629)6,752
Investment securities38116172,454-72,996
Trading account securities--3,564-3,564
Total interest and dividend income54,898212815,649(54,529)816,230
Interest expense:
Deposits--61,102(629)60,473
Short-term borrowings--3,919-3,919
Long-term debt26,2355,3857,255-38,875
Total interest expense26,2355,38572,276(629)103,267
Net interest income (expense) 28,663(5,173)743,373(53,900)712,963
Provision (reversal) for loan losses- non-covered loans(3)-87,611-87,608
Provision (reversal) for loan losses- covered loans--(2,301)-(2,301)
Net interest income (expense) after provision
for loan losses28,666(5,173)658,063(53,900)627,656
Service charges on deposit accounts--80,158-80,158
Other service fees--111,663(1,336)110,327
Mortgage banking activities--26,778-26,778
Net gain on sale of investment securities1,583---1,583
Other-than temporary impairment losses on
investment securities--(209)-(209)
Trading account profit59-896-955
Net loss on sale of loans, including valuation
adjustments on loans held-for-sale--(304)-(304)
Adjustments (expense) to indemnity reserves
on loans sold--(9,844)-(9,844)
FDIC loss-share expense--(15,722)-(15,722)
Other operating income (loss)5,068(2,939)26,300(18)28,411
Total non-interest income (expense)6,710(2,939)219,716(1,354)222,133
Operating expenses:
Personnel costs26,055-217,744-243,799
Net occupancy expenses1,761-40,383-42,144
Equipment expenses1,088-28,721-29,809
Other taxes94-20,271-20,365
Professional fees5,21260151,096(284)156,084
Communications277-12,055-12,332
Business promotion951-23,864-24,815
FDIC deposit insurance--12,732-12,732
Other real estate owned (OREO) expenses 68-22,053-22,121
Other operating expenses(36,378)4378,104(1,089)40,680
Amortization of intangibles--6,211-6,211
Total operating expenses(872)103613,234(1,373)611,092
Income (loss) before income tax and equity in
earnings of subsidiaries36,248(8,215)264,545(53,881)238,697
Income tax expense (benefit) 3(2,875)67,576764,711
Income (loss) before equity in earnings of subsidiaries36,245(5,340)196,969(53,888)173,986
Equity in undistributed earnings of subsidiaries137,74121,099-(158,840)-
Net Income$173,986$15,759$196,969$(212,728)$173,986
Comprehensive income, net of tax$285,260$43,638$309,260$(352,898)$285,260
Schedule of Condensed Cash Flow Statement [Table Text Block]

Condensed Consolidating Statement of Cash Flows (Unaudited)

Six months ended June 30, 2017
All other
Popular, Inc.PNAsubsidiariesEliminationPopular, Inc.
(In thousands)Holding Co.Holding Co.and eliminationsentriesConsolidated
Cash flows from operating activities:
Net income $189,171$19,358$204,139$(223,497)$189,171
Adjustments to reconcile net income to net
cash provided by (used in) operating activities:
Equity in losses (earnings) of subsidiaries,
net of dividends or distributions(49,008)(21,628)-70,636-
Provision for loan losses 269-92,908-93,177
Amortization of intangibles--4,689-4,689
Depreciation and amortization of premises and
equipment320-23,608-23,928
Net accretion of discounts and amortization
of premiums and deferred fees 1,04313(14,566)-(13,510)
Other-than-temporary impairment on investment securities--8,299-8,299
Fair value adjustments on mortgage servicing rights--14,000-14,000
FDIC loss-share expense--8,732-8,732
Adjustments (expense) to indemnity reserves on
loans sold--4,896-4,896
Earnings from investments under the
equity method(9,169)(1,225)(11,019)-(21,413)
Deferred income tax (benefit) expense-(1,222)53,578(2)52,354
(Gain) loss on:
Disposition of premises and equipment and other
productive assets(16)-5,533-5,517
Sale and valuation adjustments of investment
securities --(181)-(181)
Sale of loans, including valuation adjustments on
loans held for sale and mortgage banking activities--(12,631)-(12,631)
Sale of foreclosed assets, including write-downs--13,603-13,603
Acquisitions of loans held-for-sale--(153,085)-(153,085)
Proceeds from sale of loans held-for-sale--58,857-58,857
Net originations on loans held-for-sale--(224,278)-(224,278)
Net (increase) decrease in:
Trading securities(629)-334,456(8)333,819
Accrued income receivable(94)62,002251,939
Other assets(1,789)375,3733,8027,423
Net (decrease) increase in:
Interest payable--(164)(25)(189)
Pension and other postretirement benefits
obligations--883-883
Other liabilities(201)(564)(13,777)(1,476)(16,018)
Total adjustments(59,274)(24,583)201,71672,952190,811
Net cash provided by (used in) operating activities129,897(5,225)405,855(150,545)379,982
Cash flows from investing activities:
Net decrease (increase) in money market investments 34,9445,096(1,327,557)(41,896)(1,329,413)
Purchases of investment securities:
Available-for-sale--(1,738,920)-(1,738,920)
Other--(4,900)-(4,900)
Proceeds from calls, paydowns, maturities and
redemptions of investment securities:
Available-for-sale--541,660-541,660
Held-to-maturity--2,860-2,860
Proceeds from sale of investment securities:
Available for sale--423-423
Other--2,541-2,541
Net repayments on loans 53-5,035-5,088
Proceeds from sale of loans--37,864(37,864)-
Acquisition of loan portfolios (31,909)-(267,942)37,864(261,987)
Acquisition of trademark(5,560)-5,560--
Net payments from FDIC under loss-sharing
agreements--(14,819)-(14,819)
Return of capital from equity method investments500-3,362-3,862
Capital contribution to subsidiary(5,955)-5,955--
Acquisition of premises and equipment(275)-(29,717)-(29,992)
Proceeds from sale of:
Premises and equipment and other productive assets21-5,165-5,186
Foreclosed assets--60,603-60,603
Net cash (used in) provided by investing activities(8,181)5,096(2,712,827)(41,896)(2,757,808)
Cash flows from financing activities:
Net increase (decrease) in:
Deposits--2,589,25336,4782,625,731
Assets sold under agreements to repurchase--(73,040)-(73,040)
Payments of notes payable --(35,074)-(35,074)
Proceeds from issuance of notes payable--20,000-20,000
Proceeds from issuance of common stock3,831---3,831
Dividends paid to parent company--(156,500)156,500-
Dividends paid(43,045)---(43,045)
Net payments for repurchase of common stock(75,666)---(75,666)
Capital contribution from parent--5,955(5,955)-
Payments related to tax withholding for
share-based compensation(1,617)---(1,617)
Net cash (used in) provided by financing activities(116,497)-2,350,594187,0232,421,120
Net increase (decrease) in cash and due from banks5,219(129)43,622(5,418)43,294
Cash and due from banks at beginning of period47,783591362,101(48,081)362,394
Cash and due from banks at end of period$53,002$462$405,723$(53,499)$405,688
During the six months ended June 30, 2017 there have not been any cash flows associated with discontinued operations.

Condensed Consolidating Statement of Cash Flows (Unaudited)

Six months ended June 30, 2016
All other
Popular, Inc.PNAsubsidiariesEliminationPopular, Inc.
(In thousands)Holding Co.Holding Co.and eliminationsentriesConsolidated
Cash flows from operating activities:
Net income$173,986$15,759$196,969$(212,728)$173,986
Adjustments to reconcile net income to net cash
provided by (used in) operating activities:
Equity in earnings of subsidiaries,
net of dividends or distributions(137,741)(21,099)-158,840-
Provision (reversal) for loan losses (3)-85,310-85,307
Amortization of intangibles--6,211-6,211
Depreciation and amortization of premises and
equipment353-22,788-23,141
Net accretion of discounts and amortization
of premiums and deferred fees 1,04315(25,782)-(24,724)
Other-than-temporary impairment on investment securities--209-209
Fair value adjustments on mortgage servicing rights--12,817-12,817
FDIC loss-share expense--15,722-15,722
Adjustments (expense) to indemnity reserves on
loans sold--9,844-9,844
(Earnings) losses from investments under the
equity method(5,069)2,939(11,551)-(13,681)
Deferred income tax expense (benefit)3(2,875)52,180849,316
(Gain) loss on:
Disposition of premises and equipment and
other productive assets(1)-2,425-2,424
Sale and valuation adjustments of investment
securities (1,583)---(1,583)
Sale of loans, including valuation adjustments on
loans held for sale and mortgage banking activities--(15,577)-(15,577)
Sale of foreclosed assets, including write-downs68-9,503-9,571
Acquisitions of loans held-for-sale--(148,725)-(148,725)
Proceeds from sale of loans held-for-sale--43,110-43,110
Net originations on loans held-for-sale--(247,287)-(247,287)
Net (increase) decrease in:
Trading securities(251)-393,33990393,178
Accrued income receivable(17)(30)3,252503,255
Other assets83935(19,889)(2,336)(21,351)
Net (decrease) increase in:
Interest payable--(1,158)(50)(1,208)
Pension and other postretirement benefits
obligations--2,300-2,300
Other liabilities(3,244)(397)7,6352,3166,310
Total adjustments(145,603)(21,412)196,676158,918188,579
Net cash provided by (used in) operating activities28,383(5,653)393,645(53,810)362,565
Cash flows from investing activities:
Net (increase) decrease in money market investments (82)5,442(605,325)(5,442)(605,407)
Purchases of investment securities:
Available-for-sale--(1,682,199)-(1,682,199)
Other--(70,302)-(70,302)
Proceeds from calls, paydowns, maturities and
redemptions of investment securities:
Available-for-sale--632,284-632,284
Held-to-maturity--2,209-2,209
Other--47,859-47,859
Proceeds from sale of investment securities:
Other1,583-26,127-27,710
Net repayments (disbursements) on loans 17-(61,216)-(61,199)
Proceeds from sale of loans--95,940-95,940
Acquisition of loan portfolios --(308,949)-(308,949)
Net payments from FDIC under loss-sharing
agreements--88,588-88,588
Return of capital from equity method investments118206--324
Return of capital from wholly-owned subsidiaries14,000--(14,000)-
Acquisition of premises and equipment(651)-(60,093)-(60,744)
Proceeds from sale of:
Premises and equipment and other productive assets46-2,793-2,839
Foreclosed assets216-28,679-28,895
Net cash provided by (used in) investing activities15,2475,648(1,863,605)(19,442)(1,862,152)
Cash flows from financing activities:
Net increase (decrease) in:
Deposits--1,537,432(7,341)1,530,091
Federal funds purchased and assets sold
under agreements to repurchase--59,460-59,460
Other short-term borrowings--30,000-30,000
Payments of notes payable --(216,501)-(216,501)
Proceeds from issuance of notes payable--128,883-128,883
Proceeds from issuance of common stock3,710---3,710
Dividends paid to parent company--(53,900)53,900-
Dividends paid(32,953)---(32,953)
Net payments for repurchase of common stock(1,141)--(90)(1,231)
Return of capital to parent company--(14,000)14,000-
Payments related to tax withholding for
share-based compensation(238)---(238)
Net cash (used in) provided by financing activities(30,622)-1,471,37460,4691,501,221
Net increase (decrease) in cash and due from banks13,008(5)1,414(12,783)1,634
Cash and due from banks at beginning of period24,298600363,620(24,844)363,674
Cash and due from banks at end of period$37,306$595$365,034$(37,627)$365,308
During the six months ended June 30, 2017 there have not been any cash flows associated with discontinued operations.