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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Cash Flow From Operating Activities              
Net income $ 91,007 $ 94,301 $ 148,718 $ 45,838 $ 185,307 $ 194,555  
Adjustments to reconcile net income to net cash provided by (used in) operating activities              
Provision for credit losses (35,004)   61,000   (58,009) 114,001  
Depreciation and amortization         24,200 29,119  
Addition to (recovery of) valuation allowance on mortgage servicing rights, net         (10,239) 17,029  
Amortization of mortgage servicing rights         11,352 10,043  
Amortization of other intangible assets 2,203   2,872   4,439 5,686  
Amortization and accretion on earning assets, funding, and other, net         10,796 14,060  
Net amortization of tax credit investments         16,552 13,661  
Losses (gains) on sales of investment securities, net         16 (9,214)  
Asset (gains) losses, net         (4,796) (157,284)  
Gain (Loss) on Disposition of Business (1,038)   0        
(Gain) loss on mortgage banking activities, net         (24,008) (26,545)  
Mortgage loans originated and acquired for sale         (889,315) (860,674)  
Proceeds from sales of mortgage loans held for sale         884,581 1,022,268  
Changes in certain assets and liabilities              
(Increase) decrease in interest receivable         8,466 4,099  
Increase (decrease) in interest payable         (4,907) (3,682)  
Increase (decrease) in expense payable         11,274 (49,911)  
(Increase) decrease in net derivative position         56,833 (138,961)  
Increase (decrease) in unsettled trades         0 20,515  
(Increase) decrease in net income tax position         (27,779) 18,606  
Net change in other assets and other liabilities         36,476 68,750  
Net cash provided by (used in) operating activities         230,202 286,120  
Cash Flow From Investing Activities              
Net decrease (increase) in loans         478,170 (1,912,941)  
Purchases of              
AFS securities         (1,162,109) (867,693)  
HTM securities         (81,368) (65,563)  
Federal Home Loan Bank and Federal Reserve Bank stocks         (1) (78,153)  
Premises, equipment, and software, net of disposals         (19,706) (22,577)  
Other intangibles         0 (200)  
Proceeds from              
Sales of securities         158,743 626,276  
Sale of Federal Home Loan Bank and Federal Reserve Bank stocks         0 100,000  
Prepayments, calls, and maturities of AFS investment securities         699,584 499,025  
Prepayments, calls, and maturities of HTM investment securities         195,107 191,953  
Sales, prepayments, calls, and maturities of other assets         12,421 12,728  
Net change in tax credit and alternative investments         (34,200) (30,276)  
Net cash (paid) received in acquisition         0 31,518  
Net cash provided by (used in) investing activities         249,056 (1,322,370)  
Cash Flow From Financing Activities              
Net increase (decrease) in deposits         813,098 2,334,002  
Net Decrease In Deposits Due To Branch Sales (31,083)   0        
Net increase (decrease) in short-term funding         (26,112) (309,144)  
Net increase (decrease) in short-term FHLB advances         0 (520,000)  
Repayment of long-term FHLB advances         (18,049) (16,583)  
Proceeds from long-term FHLB advances         5,251 4,000  
Proceeds from PPPLF         0 1,009,760  
(Repayment) proceeds of finance lease principal         (1,035) (1,007)  
Proceeds from issuance of preferred shares     97,129   0 97,129  
Proceeds from issuance of common stock for stock-based compensation plans         18,174 3,069  
Redemption of preferred shares         (65,000) 0  
Cash dividends on common stock         (55,693) (56,281)  
Cash dividends on preferred stock         (10,082) (7,945)  
Net cash provided by (used in) financing activities         577,074 2,460,197  
Net increase (decrease) in cash and cash equivalents         1,056,332 1,423,947  
Cash and cash equivalents at beginning of period   716,048   588,744 716,048 588,744 $ 588,744
Cash and cash equivalents at end of period(a) 1,772,379   2,012,691   1,772,379 2,012,691 716,048
Supplemental disclosures of cash flow information              
Cash paid for interest         44,782 97,929  
Cash paid for (received from) income and franchise taxes         54,179 3,318  
Loans and bank premises transferred to OREO         18,535 5,212  
Capitalized mortgage servicing rights         7,488 9,169  
Loans transferred into held for sale from portfolio, net         9,970 201,827  
Unsettled trades to purchase securities         0 20,515  
Acquisition              
Fair value of assets acquired, including cash and cash equivalents 0   459,235   0 459,235  
Fair value ascribed to goodwill and intangible assets 0   20,793   0 20,793  
Fair value of liabilities assumed 0   480,028   0 480,028  
Restricted Cash and Cash Equivalents              
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Total 1,772,379   2,012,691   1,772,379 2,012,691 $ 716,048
Retained Earnings              
Cash Flow From Operating Activities              
Net income $ 91,007 $ 94,301 $ 148,718 $ 45,838 185,307 194,555  
ABRC              
Proceeds from              
Sales, prepayments, calls, and maturities of other assets           256,571  
Whitnell              
Proceeds from              
Sales, prepayments, calls, and maturities of other assets         2,415    
Performance/Service Based RSAs, RSA,              
Cash Flow From Financing Activities              
Payments for Repurchase of Common Stock         (4,450) (5,548)  
Board Authorized Purchase Program [Member]              
Cash Flow From Financing Activities              
Payments for Repurchase of Common Stock         $ (47,945) $ (71,255)