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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash Flows from Operating Activities    
Net Income $ 98,437 $ 69,445
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, and accretion 11,839 12,241
Amortization of purchase accounting adjustments, net (14,657) 7,129
Provision for loan losses 19,197 12,565
Share-based compensation cost 10,139 8,927
Gain on sale of assets, net (2,384) 7
Gain on sale of available for sale securities (1,569) (609)
Gain on sale of OREO, net (3,216) (3,253)
Impairment of FDIC loss share receivables and other long-lived assets 1,884 5,378
Amortization of premium/discount on securities, net 13,217 10,248
Provision (benefit) for deferred income taxes 3,244 (24,328)
Originations of mortgage loans held for sale (1,880,856) (1,218,684)
Proceeds from sales of mortgage loans held for sale 1,887,468 1,234,694
Gain on sale of mortgage loans held for sale, net (60,109) (41,412)
Tax benefit associated with share-based payment arrangements (408) (1,163)
Change in other assets, net of other assets acquired 25,633 23,514
Other operating activities, net 15,493 (14,914)
Net Cash Provided by Operating Activities 123,352 79,785
Cash Flows from Investing Activities    
Proceeds from sales of available for sale securities 212,278 20,531
Proceeds from maturities, prepayments and calls of available for sale securities 367,064 413,069
Purchases of available for sale securities (934,638) (540,197)
Proceeds from maturities, prepayments and calls of held to maturity securities 17,937 32,880
Reimbursement of recoverable covered asset losses from (to) the FDIC 1,429 (457)
Increase in loans, net (491,545) (476,329)
Proceeds from sale of premises and equipment 9,113 6,217
Purchases of premises and equipment, net of premises and equipment acquired (14,144) (26,587)
Proceeds from disposition of OREO 38,739 69,124
Cash paid for additional investment in tax credit entities (7,868) (10,384)
Cash received in excess of cash paid for acquisitions 425,581 188,803
Other investing activities, net 14,695 (16,073)
Net Cash Used in Investing Activities (361,359) (339,403)
Cash Flows from Financing Activities    
Increase in deposits, net of deposits acquired 1,092,943 497,970
Net change in short-term borrowings, net of borrowings acquired (624,811) 77,338
Proceeds from long-term debt 63,125 4,637
Repayments of long-term debt (200,031) (21,012)
Cash dividends paid on common stock (38,334) (31,701)
Proceeds from common stock transactions 4,825 11,141
Payments to repurchase common stock (3,404) (3,307)
Net proceeds from issuance of preferred stock 77,463 0
Tax benefit associated with share-based payment arrangements 408 1,163
Net Cash Provided by Financing Activities 372,184 536,229
Net Increase in Cash and Cash Equivalents 134,177 276,611
Cash and Cash Equivalents at Beginning of Period 548,095 391,396
Cash and Cash Equivalents at End of Period 682,272 668,007
Supplemental Schedule of Noncash Activities    
Acquisition of real estate in settlement of loans 14,921 20,219
Common stock issued in acquisitions 474,753 214,665
Supplemental Disclosures Cash paid for:    
Income taxes, net 42,899 30,984
Income taxes, net $ 28,929 $ 42,933