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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net (loss) income $ (60,825) $ 85,827
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 18,252 16,837
Provision for loan losses 188,007 5,192
Deferred income taxes (21,442) 1,457
Gains on sale of securities, net   (2,250)
Trading securities revenue (59)  
Purchases of trading securities (17,485)  
Proceeds from sale of trading securities 17,051  
Share-based compensation expense 13,734 4,357
Accretion of discount related to acquired loans (21,039) (6,518)
(Gains) losses on disposal of premises and equipment (239) 3,723
Losses (gains) on sale of bank premises and other repossessed real estate 79 (380)
Net amortization of premiums on investment securities 5,523 3,325
Bank premises and other repossessed real estate write downs 350 487
Fair value adjustment for loans held for sale (11,621) 730
Originations and purchases of loans held for sale (796,272) (327,348)
Proceeds from sales of loans held for sale 737,760 306,062
Gains on sales of loans held for sale (20,202) (4,314)
Bank owned life insurance income (2,753) (2,707)
Net change in:    
Accrued interest receivable (18,700) (2,653)
Prepaid assets (3,577) (2,025)
Operating Leases 2,858 504
Bank owned life insurance 13,567 1,105
Derivative assets (65,552) (12,496)
Miscellaneous other assets 26,318 (24,031)
Accrued interest payable (1,554) 1,449
Accrued income taxes (5,121) 470
Derivative liabilities 98,885 25,865
Miscellaneous other liabilities (6,075) 27,589
Net cash provided by operating activities 69,868 100,257
Cash flows from investing activities:    
Proceeds from sales of investment securities available for sale   189,327
Proceeds from maturities and calls of investment securities available for sale 252,809 113,039
Proceeds from sales of other investment securities 42,034 45
Purchases of investment securities available for sale (295,652) (463,473)
Purchases of other investment securities (28,744) (23,566)
Net increase in loans (1,045,044) (214,785)
Net cash received from acquisitions 2,566,376  
Recoveries of loans previously charged off 4,933 1,949
Purchases of premises and equipment (9,082) (8,116)
Proceeds from sale of bank premises and other repossessed real estate 2,862 4,428
Proceeds from sale of premises and equipment 9 8
Net cash provided by (used in) investing activities 1,490,501 (401,144)
Cash flows from financing activities:    
Net increase in deposits 2,157,236 275,346
Net increase in federal funds purchased and securities sold under agreements to repurchase and other short-term borrowings 20,191 27,381
Proceeds from borrowings 500,000 700,001
Repayment of borrowings (500,004) (150,004)
Common stock issuance 385 343
Common stock repurchases (32,160) (82,103)
Dividends paid on common stock (31,573) (27,491)
Stock options exercised 560 402
Net cash provided by financing activities 2,114,635 743,875
Net increase in cash and cash equivalents 3,675,004 442,988
Cash and cash equivalents at beginning of period 688,704 408,983
Cash and cash equivalents at end of period 4,363,708 851,971
Cash paid for:    
Interest 39,347 41,476
Income taxes 2,878 20,903
Initial measurement and recognition of operating lease assets in exchange for lease liabilities per ASU 2016-02   82,160
Recognition of operating lease assets in exchange for lease liabilities 5,121 4,950
Acquisitions:    
Fair value of tangible assets acquired 18,910,560  
Other intangible assets acquired 130,862  
Liabilities assumed 17,380,016  
Net identifiable assets acquired over liabilities assumed 600,483  
Common stock issued in acquisition 2,246,327  
Real estate acquired in full or in partial settlement of loans $ 4,054 $ 7,632