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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
OPERATING ACTIVITIES      
Net income $ 210,386 $ 138,562 $ 166,869
Adjustments to reconcile net income to cash provided by operating activities:      
Provision for loan and lease losses 20,664 640 (32,255)
Deferred tax expense (benefit) 550 (33,339) 47,646
Change in current taxes payable (19,477) 72,274 (79,173)
Depreciation 87,717 75,481 70,841
Change in accrued interest payable (2,481) 1,457 (2,616)
Change in income earned not collected (12,782) 6,402 (724)
Business Combination, Bargain Purchase, Gain Recognized, Amount (42,930) 0 0
Gain (Loss) on Disposition of Business (216) 0 0
Gain on sale of other assets 0 0 (4,085)
Securities losses (gains) (10,817) (29,096) 0
Origination of loans held for sale (685,631) (377,993) (393,908)
Proceeds from sale of loans held for sale 701,412 398,719 443,708
Gain on sale of loans (11,851) (4,971) (10,738)
Loss on sale of other real estate 2,168 14,275 6,686
Gain on elimination of acquired debt 0 (1,988) 0
Net amortization of premiums and discounts (85,066) (48,374) (112,759)
Amortization of intangible assets 22,894 6,955 2,309
FDIC receivable for loss share agreements 47,044 27,666 71,771
FDIC payable for loss share agreements 9,918 6,933 7,821
Net change in other assets (12,904) (72,680) 100,437
Net change in other liabilities 14,458 1,319 49,177
Net cash provided by operating activities 233,056 182,242 331,007
INVESTING ACTIVITIES      
Net change in loans outstanding (1,311,447) (814,372) 323,436
Purchases of investment securities available for sale (2,467,993) (2,518,680) (2,671,420)
Proceeds from maturities of investment securities held to maturity 263 389 435
Proceeds from maturities of investment securities available for sale 1,478,608 2,482,722 2,437,851
Proceeds from sales of investment securities available for sale 1,286,120 422,652 0
Net change in overnight investments (338,213) 221,730 (416,144)
Cash (paid to) received from the FDIC for loss share agreements (33,296) (1,286) 19,373
Proceeds from Sale of Other Real Estate 80,932 89,485 147,550
Proceeds from Sale of Loans Held-for-investment 45,862 0 0
Additions to premises and equipment (89,734) (82,708) (66,037)
Business acquisition, net of cash acquired 123,137 182,370 0
Net Cash Used in Divestiture of Businesses (22,242) 0 0
Net cash (used) provided by investing activities (1,248,003) (17,698) (224,956)
FINANCING ACTIVITIES      
Net change in time deposits (590,773) (499,869) (699,005)
Net change in demand and other interest-bearing deposits 1,607,487 497,692 487,046
Net change in short-term borrowings (397,952) (25,321) (57,087)
Repayment of long-term obligations (5,896) (54,301) (4,152)
Origination of long-term obligations 350,000 0 70,000
Stock issuance costs 0 (619) 0
Repurchase of common stock 0 0 (321)
Cash dividends paid (18,015) (11,543) (8,663)
Net cash provided (used) by financing activities 944,851 (93,961) (212,182)
Change in cash and due from banks (70,096) 70,583 (106,131)
Cash and due from banks at beginning of period 604,182 533,599 639,730
Cash and due from banks at end of period 534,086 604,182 533,599
CASH PAYMENTS FOR:      
Interest 46,785 48,894 59,234
Income taxes 136,900 127,970 102,890
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES:      
Transfers of loans to other real estate 55,032 65,956 92,125
Dividends declared but not paid 0 3,603 2,885
Reclassification of reserve for unfunded commitments to allowance for loans and leases 0 0 7,368 [1]
Repurchase and retirement of common stock 0 (46,085) 0
Issuance of common stock associated with Bancorporation merger $ 0 $ 564,248 $ 0
[1] Reclassification results from enhancements to the ALLL calculation during the second quarter of 2013 that resulted in the allocation of $15.8 million previously designated as 'nonspecific' to other loan classes and the absorption of $7.4 million of the reserve for unfunded commitments related to unfunded, revocable loan commitments into the ALLL. Further discussion is contained in Note A.