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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
OPERATING ACTIVITIES    
Net income $ 202,281 $ 121,388
Adjustments to reconcile net income to cash provided by operating activities:    
Provision (credit) for loan and lease losses 20,555 9,405
Deferred tax expense (benefit) 45,628 (8,501)
Net change in current taxes 17,404 (5,757)
Depreciation 45,420 44,476
Net increase (decrease) in accrued interest payable 1,344 624
Net (increase) decrease in income earned not collected (290) (1,872)
Gain on acquisitions (134,745) (4,994)
Securities (gains) losses (3,327) (17,157)
Loss on termination of FDIC shared-loss agreements 45 3,377
Origination of loans held for sale (299,136) (361,652)
Proceeds from sale of loans held for sale 309,791 342,505
Gain on sale of loans held for sale (6,279) (5,882)
(Gain) loss on sale of portfolio loans (164) 0
Net writedowns/losses on other real estate 2,160 3,884
(Gain) loss on sales of premises and equipment (159) 0
Net accretion of premiums and discounts (22,918) (23,859)
Amortization of intangible assets 11,045 11,135
Reduction FDIC receivable for shared-loss agreements 4,821 7,571
Net increase (decrease) in FDIC payable for shared-loss agreements 2,118 (14,001)
Net change in other assets (34,340) (25,924)
Net change in other liabilities 29,647 19,718
Net cash provided by operating activities 190,901 94,484
INVESTING ACTIVITIES    
Net change in loans outstanding (462,385) (416,812)
Purchases of investment securities available for sale (1,186,883) (1,966,181)
Proceeds from maturities of investment securities held to maturity 18 99
Proceeds from maturities of investment securities available for sale 1,140,459 627,971
Proceeds from sales of investment securities available for sale 517,588 1,370,768
Net change in overnight investments (908,583) (173,134)
Proceeds from sales of portfolio loans 32,294 13,328
Cash (paid to) received from the FDIC for shared-loss agreements (5,197) (13,502)
Net payment to the FDIC for termination of shared-loss agreements (285) (20,115)
Proceeds from sale of other real estate 20,236 16,010
Proceeds fro sales of premises and equipment 2,305 0
Additions to premises and equipment (35,912) (29,617)
Net cash acquired in business acquisitions 300,703 27,943
Net cash (used) provided by investing activities (585,642) (563,242)
FINANCING ACTIVITIES    
Net change in time deposits (238,751) (250,151)
Net change in demand and other interest-bearing deposits 429,684 421,082
Net change in short-term borrowings 61,030 132,167
Repayment of long-term obligations (7,985) (3,651)
Origination of long-term obligations 175,000 150,000
Cash dividends paid (7,206) (7,206)
Net cash provided (used) by financing activities 411,772 442,241
Change in cash and due from banks 17,031 (26,517)
Cash and due from banks at beginning of period 539,741 534,086
Cash and due from banks at end of period 556,772 507,569
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES:    
Transfers of loans to other real estate 21,891 21,280
Dividends declared but not paid 3,603 3,603
Unsettled sales of investment securities 0 361,225
Transfer of Portfolio Loans and Leases to Held-for-sale $ 84,509 $ 0