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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
OPERATING ACTIVITIES    
Net income $ 52,072 $ 67,158
Adjustments to reconcile net income to cash provided by operating activities:    
Provision (credit) for loan and lease losses 4,843 5,792
Deferred tax expense (benefit) (8,806) (10,203)
Net change in current taxes 35,678 15,437
Depreciation 22,053 21,965
Increase (decrease) in accrued interest payable 324 176
Net (increase) decrease in income earned not collected (3,482) (5,988)
Gain on acquisition (1,704) (42,930)
Securities (gains) losses (4,628) (5,126)
Origination of loans held for sale (144,895) (126,547)
Proceeds from sale of loans held for sale 140,160 127,203
Gain on sale of loans (2,487) (3,468)
Net writedowns/losses on other real estate 2,599 1,978
Net amortization of premiums and discounts (12,201) (17,150)
Amortization of intangible assets 5,586 5,206
FDIC receivable for loss share agreements 4,076 8,092
FDIC payable for loss share agreements 1,790 2,110
Net change in other assets (19,678) 15,223
Net change in other liabilities 3,857 3,804
Net cash provided by operating activities 75,157 62,732
INVESTING ACTIVITIES    
Net change in loans outstanding (131,923) (168,341)
Purchases of investment securities available for sale (1,139,933) (626,268)
Proceeds from maturities of investment securities held to maturity 61 77
Proceeds from maturities of investment securities available for sale 396,211 330,500
Proceeds from sales of investment securities available for sale 987,260 481,708
Net change in overnight investments (805,699) (734,004)
Cash (paid to) received from the FDIC for loss share agreements (9,871) (5,762)
Proceeds from sale of other real estate 8,202 22,794
Additions to premises and equipment (13,595) (13,177)
Business acquisition, net cash acquired 14,745 123,137
Net cash (used) provided by investing activities (694,542) (589,336)
FINANCING ACTIVITIES    
Net change in time deposits (84,802) (189,906)
Net change in demand and other interest-bearing deposits 460,086 545,807
Net change in short-term borrowings 92,841 (50,835)
Repayment of long-term obligations (68) (3,140)
Origination of long-term obligations 75,000 120,000
Cash dividends paid 0 (3,603)
Net cash provided (used) by financing activities 543,057 418,323
Change in cash and due from banks (76,328) (108,281)
Cash and due from banks at beginning of period 534,086 604,182
Cash and due from banks at end of period 457,758 495,901
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES:    
Transfers of loans to other real estate 9,980 21,300
Dividends Declared but not Paid $ 3,603 $ 3,603