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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2020
Mar. 31, 2020
Sep. 30, 2019
Mar. 31, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Sep. 30, 2020
Sep. 30, 2019
Cash Flow From Operating Activities                  
Net income $ 45,214 $ 45,838 $ 83,339 $ 86,686 $ 239,769 $ 254,686      
Adjustments to reconcile net income to net cash provided by (used in) operating activities                  
Provision for credit losses 43,009   2,000   157,009 16,000      
Depreciation and amortization         38,707 43,704      
Addition to (recovery of) valuation allowance on mortgage servicing rights, net         18,481 177      
Amortization of mortgage servicing rights         16,416 8,749      
Amortization of other intangible assets 2,253   2,686   7,939 7,237      
Amortization and accretion on earning assets, funding, and other, net         21,748 17,607      
Net amortization of tax credit investments         18,988 15,512      
Losses (gains) on sales of investment securities, net         (9,222) (5,931)      
Asset (gains) losses, net         (156,945) (2,316)      
(Gain) loss on mortgage banking activities, net         (43,889) (15,966)      
Mortgage loans originated and acquired for sale         (1,319,034) (824,289)      
Proceeds from sales of mortgage loans held for sale         1,620,777 1,048,729      
Changes in certain assets and liabilities                  
(Increase) decrease in interest receivable         (415) 2,476      
Increase (decrease) in interest payable         (12,735) 589      
Increase (decrease) in expense payable         (32,892) (15,932)      
(Increase) decrease in net derivative position         (133,165) (109,948)      
Increase (decrease) in unsettled trades         1,000 2,577      
(Increase) decrease in net income tax position         (58,002) 33,770      
Net change in other assets and other liabilities         48,525 (7,446)      
Net cash provided by (used in) operating activities         423,060 469,986      
Cash Flow From Investing Activities                  
Net increase in loans         (2,170,320) (72,644)      
Purchases of                  
Available for sale securities         (1,368,124) (460,124)      
Held to maturity securities         (109,824) (322,590)      
Federal Home Loan Bank and Federal Reserve Bank stocks         (84,152) (214,554)      
Premises, equipment, and software, net of disposals         (34,440) (50,385)      
Other intangibles         (200) 0      
Proceeds from                  
Sales of available for sale securities         626,283 1,367,450      
Sale of Federal Home Loan Bank and Federal Reserve Bank stocks         144,000 257,646      
Prepayments, calls, and maturities of available for sale investment securities         893,157 400,648      
Prepayments, calls, and maturities of held to maturity investment securities         323,175 168,378      
Sales, prepayments, calls, and maturities of other assets         18,457 6,674      
Net change in tax credit and alternative investments         (35,630) (50,117)      
Net cash (paid) received in acquisition         (31,518)        
Net cash (paid) received in acquisition           551,250      
Net cash provided by (used in) investing activities         (1,572,625) 1,581,631      
Cash Flow From Financing Activities                  
Net increase (decrease) in deposits         2,495,229 (1,200,004)      
Net increase (decrease) in short-term funding         (284,655) (48,630)      
Net increase (decrease) in short-term FHLB advances         (520,000) (685,000)      
Repayment of long-term FHLB advances         (966,777) (763,036)      
Proceeds from long-term FHLB advances         4,000 751,573      
Proceeds from PPPLF         1,022,217 0      
Repayment of finance lease principal         (1,044) 0      
Proceeds from issuance of preferred shares         96,921 0      
Proceeds from issuance of common stock for stock-based compensation plans         3,165 9,070      
Cash dividends on common stock         (84,156) (83,248)      
Cash dividends on preferred stock         (13,152) (11,402)      
Net cash provided by (used in) financing activities         1,674,484 (2,168,770)      
Net increase (decrease) in cash, cash equivalents, and restricted cash         524,918 (117,154)      
Cash, cash equivalents, and restricted cash at beginning of period   588,744   876,698 588,744 876,698 $ 876,698    
Cash, cash equivalents, and restricted cash at end of period 1,113,663   759,545   1,113,663 759,545 588,744    
Supplemental disclosures of cash flow information                  
Cash paid for interest         137,423 266,192      
Cash paid for (received from) income and franchise taxes         17,682 38,979      
Loans and bank premises transferred to OREO         12,599 7,374      
Capitalized mortgage servicing rights         11,495 8,900      
Loans transferred into held for sale from portfolio, net         260,856 326,476      
Unsettled trades to purchase securities         1,000 2,577      
Acquisition                  
Fair value of assets acquired, including cash and cash equivalents               $ 457,878 $ 695,848
Fair value ascribed to goodwill and intangible assets               22,150 29,837
Fair value of liabilities assumed               480,028 725,764
Equity issued in (adjustments related to) acquisition               0 (79)
Restricted Cash and Cash Equivalents                  
Cash and cash equivalents               1,113,663 562,798
Restricted cash               0 196,747
Total cash, cash equivalents, and restricted cash shown in the statement of cash flows 1,113,663 588,744 759,545 876,698 1,113,663 759,545 $ 876,698 $ 1,113,663 $ 759,545
Retained Earnings                  
Cash Flow From Operating Activities                  
Net income $ 45,214 $ 45,838 $ 83,339 $ 86,686 239,769        
ABRC                  
Proceeds from                  
Sales, prepayments, calls, and maturities of other assets         256,511 0      
Performance/Service Based RSAs, RSA,                  
Cash Flow From Financing Activities                  
Payments for Repurchase of Common Stock         (6,010) (8,493)      
Board Authorized Purchase Program [Member]                  
Cash Flow From Financing Activities                  
Payments for Repurchase of Common Stock         $ (71,255) $ (129,600)