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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
OPERATING ACTIVITIES    
Net income $ 111,680 $ 49,165
Adjustments to reconcile net income to cash provided by operating activities:    
Provision (credit) for loan and lease losses 13,511 (9,202)
Deferred tax expense (benefit) (23,762) (3,640)
Net change in current taxes (25,261) 5,973
Depreciation 44,312 35,455
Increase (decrease) in accrued interest payable (2,359) 560
Net (increase) decrease in income earned not collected (9,475) (629)
Gain on acquisition 42,930 0
Securities (gains) losses (5,273) 0
Origination of loans held for sale (355,819) (123,144)
Proceeds from sale of loans held for sale 338,466 123,967
Gain on sale of loans (3,991) (2,220)
Net writedowns/losses on other real estate 3,188 6,993
Net amortization of premiums and discounts (45,662) (17,288)
Amortization of intangible assets 8,302 1,207
FDIC receivable for loss share agreements 27,291 17,121
FDIC payable for loss share agreements 5,503 4,903
Net change in other assets 14,243 (32,693)
Net change in other liabilities 25,085 35,033
Net cash provided by operating activities 77,049 91,561
INVESTING ACTIVITIES    
Net change in loans outstanding (566,524) (57,271)
Purchases of investment securities available for sale (1,435,387) (1,409,878)
Proceeds from maturities of investment securities held to maturity 167 214
Proceeds from maturities of investment securities available for sale 757,780 1,529,687
Proceeds from sales of investment securities available for sale 522,024 0
Net change in overnight investments 21,578 (259,150)
Cash (paid to) received from the FDIC for loss share agreements (10,890) (4,350)
Proceeds from sale of other real estate 47,391 38,370
Additions to premises and equipment (31,921) (39,550)
Business acquisition, net of cash acquired 123,137 18,194
Net cash (used) provided by investing activities (572,645) (183,734)
FINANCING ACTIVITIES    
Net change in time deposits (359,125) (219,297)
Net change in demand and other interest-bearing deposits 926,092 270,118
Net change in short-term borrowings (269,460) 81,716
Repayment of long-term obligations (4,483) (1,240)
Origination of long-term obligations 120,000 0
Cash dividends paid (7,206) (5,771)
Net cash provided (used) by financing activities 405,818 125,526
Change in cash and due from banks (89,778) 33,353
Cash and due from banks at beginning of period 604,182 533,599
Cash and due from banks at end of period 514,404 566,952
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES:    
Transfers of loans to other real estate 30,350 25,080
Dividends Declared but not Paid $ 3,603 $ 2,886