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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net income $ 202.2 $ 192.1 $ 161.2
Adjustments to reconcile net income from operations to net cash provided by operating activities:      
Provision for (reversal of) credit losses 82.7 (14.6) 56.9
Net (gain) loss on disposal of premises and equipment (2.0) (1.8) 0.3
Depreciation and amortization 55.5 44.4 45.1
Net premium amortization on investment securities 17.0 38.8 15.9
Net loss (gain) on investment securities transactions 24.4 (1.1) (0.3)
Realized and unrealized net gains on mortgage banking activities (9.4) (26.2) (49.3)
Net gain on sale of investments in unrelated entities 0.0 0.0 (1.0)
Net gain on sale of OREO (0.7) (0.3) (0.9)
Write-downs of OREO and other assets pending disposal 2.8 0.0 0.1
Gain (Loss) on Extinguishment of Debt (1.4) 0.0 0.0
Mortgage servicing rights impairment (recovery) (3.4) (6.9) 9.9
Deferred taxes (4.7) 5.0 (6.6)
Net increase in cash surrender value of company-owned life insurance (11.1) (6.1) (7.6)
Stock-based compensation expense 9.6 8.9 7.5
Originations of mortgage loans held for sale (429.5) (817.4) (1,404.2)
Proceeds from sales of mortgage loans held for sale 461.6 883.9 1,468.4
Changes in operating assets and liabilities:      
(Increase) decrease in interest receivable (37.8) 3.7 (4.4)
Increase in other assets (12.9) (16.4) (27.7)
Increase (decrease) in accrued interest payable 8.4 (2.0) (6.3)
Increase (decrease) in accounts payable and accrued expenses 183.1 (1.7) 11.3
Net cash provided by operating activities 534.4 282.3 268.3
Purchases of investment securities:      
Held-to-maturity (858.5) (1,238.0) 0.0
Available-for-sale (3,309.4) (2,717.8) (2,444.1)
Proceeds from maturities, pay-downs, calls and sales of investment securities:      
Held-to-maturity 370.5 257.6 40.4
Available-for-sale 1,926.5 1,118.0 1,441.4
Purchases of Federal Home Loan Bank and Federal Reserve Bank Stock (241.4) 0.0 0.0
Proceeds from Federal Home Loan Bank and Federal Reserve Bank Stock 112.2 0.0 0.0
Proceeds from bank-owned life insurance settlements 1.3 1.0 5.0
Extensions of credit to clients, net of repayments (951.4) 467.8 (894.6)
Proceeds from sales of OREO 3.4 1.7 10.1
Proceeds from the sale of Health Savings Accounts 1.4 0.0 0.0
Proceeds from sale of investments in unrelated entities 0.0 0.0 2.2
Acquisition of bank and bank holding company, net of cash and cash equivalents received 2,006.9 0.0 0.0
Capital expenditures, net of sales (10.5) (10.3) (30.2)
Net cash used in investing activities (949.0) (2,120.0) (1,869.8)
Cash flows from financing activities:      
Net (decrease) increase in deposits (2,884.0) 2,052.6 2,553.5
Net increase (decrease) in securities sold under repurchase agreements 28.9 (40.3) 393.8
Proceeds from (Repayments of) Other Debt 2,327.0 0.0 0.0
Repayments of Other Long-term Debt 164.1 0.0 0.1
Advances on long-term debt 14.3 0.0 98.6
Payments of Stock Issuance Costs (0.8) 0.0 0.0
Proceeds from issuance of common stock 0.1 0.4 1.1
Purchase and retirement of common stock (199.0) (5.4) (116.8)
Dividends paid to common stockholders (182.1) (101.6) (128.6)
Net cash used in financing activities (1,059.7) 1,905.7 2,801.5
Net (decrease) increase in cash and cash equivalents (1,474.3) 68.0 1,200.0
Cash and cash equivalents at beginning of period 2,344.8 2,276.8 1,076.8
Cash and cash equivalents at end of period 870.5 2,344.8 2,276.8
Supplemental disclosures of cash flow information:      
Cash paid during the period for income taxes (57.8) (56.8) (54.4)
Cash paid during the period for interest expense 32.0 19.3 32.9
Supplemental disclosures of noncash investing and financing activities:      
Transfer of held-to-maturity to available-for-sale securities 10.9 0.0 0.0
Non-cash transfer of securities from available-for-sale to held-to-maturity 463.6 672.2 0.0
Transfer of Loans Held-for-sale to Portfolio Loans 19.8 0.0 0.0
Amortization of unrealized gains and losses on transfers of securities 12.4 0.0 0.0
Right-of-use assets obtained in exchange for operating lease liabilities 22.9 5.9 3.6
Transfer of loans to other real estate owned 0.4 0.9 3.3
Asset Acquisition, Consideration Transferred, Equity Interest Issued and Issuable 1,723.3 0.0 0.0
Capitalization of internally originated mortgage servicing rights 2.5 3.7 11.7
Supplemental schedule of noncash investing activities from acquisitions:      
Investment securities 2,699.0 0.0 0.0
Loans held for sale 217.0 0.0 0.0
Loans held for investment, net 7,645.5 0.0 0.0
Premises and equipment 144.7 0.0 0.0
Goodwill 479.3 0.0 0.0
Other intangibles 72.9 0.0 0.0
Mortgage servicing rights 1.3 0.0 0.0
Company-owned life insurance 186.6 0.0 0.0
Deferred tax assets 60.2 0.0 0.0
Other real estate owned 15.8 0.0 0.0
Other assets 200.8 0.0 0.0
Total noncash assets acquired 11,824.2 0.0 0.0
Deposits 11,688.0 0.0 0.0
Securities sold under repurchase agreements 74.0 0.0 0.0
Accounts payable and accrued expenses 110.4 0.0 0.0
Long-term debt 159.3 0.0 0.0
Subordinated debentures held by subsidiary trusts 76.1 0.0 0.0
Total liabilities assumed (12,107.8) 0.0 0.0
Securities Purchased under Agreements to Resell, Increase $ 101.1 0.0 0.0
Finite-Lived Intangible Assets, Gross   $ 106.0 $ 106.0