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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash Flows from Operating Activities    
Net income $ 201,729 $ 138,745
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, and accretion, including amortization of purchase accounting adjustments and market value adjustments 4,811 (562)
Provision for credit losses 24,518 15,907
Share-based compensation expense - equity awards 11,839 9,980
(Gain) loss on sale of OREO and long-lived assets, net of impairment (1,270) 5,131
Securities losses, net 1,014 56
Deferred income tax expense 35,044 11,715
Originations of mortgage loans held for sale (864,324) (774,849)
Proceeds from sales of mortgage loans held for sale 815,728 848,116
Realized and unrealized (gain) on mortgage loans held for sale, net (29,425) (22,688)
Other operating activities, net 164,193 13,977
Net Cash Provided by Operating Activities 363,857 245,528
Cash Flows from Investing Activities    
Proceeds from sales of available for sale securities 299,513 18,867
Proceeds from maturities, prepayments and calls of available for sale securities 316,982 311,340
Purchases of available for sale securities, net of available for sale securities acquired (186,554) (511,074)
Proceeds from maturities, prepayments and calls of held to maturity securities 13,123 4,746
Purchases of equity securities, net of equity securities acquired (15,154) (11,545)
Proceeds from sales of equity securities 3,637 70,371
Increase in loans, net of loans acquired (824,675) (501,618)
Proceeds from sales of premises and equipment 101 2,003
Purchases of premises and equipment, net of premises and equipment acquired (7,819) (8,304)
Proceeds from dispositions of OREO 8,247 11,431
Cash paid for additional investment in tax credit entities (4,790) (1,831)
Cash received for acquisition of a business, net of cash paid 0 99,318
Purchase of bank owned life insurance policies 0 (50,000)
Other investing activities, net 249 554
Net Cash Used in Investing Activities (397,140) (565,742)
Cash Flows from Financing Activities    
Increase in deposits, net of deposits acquired 531,900 899,752
Net change in short-term borrowings (485,375) 62,916
Proceeds from long-term debt, net of long-term debt acquired 400,000 440,299
Repayments of long-term debt (191,123) (902,262)
Cash dividends paid on common stock (45,926) (41,508)
Cash dividends paid on preferred stock (4,547) (4,547)
Net share-based compensation stock transactions (4,448) (2,102)
Payments to repurchase common stock (164,724) (30,670)
Net proceeds from issuance of preferred stock 96,388 0
Net Cash Provided by Financing Activities 132,145 421,878
Net Increase In Cash and Cash Equivalents 98,862 101,664
Cash and Cash Equivalents at Beginning of Period 690,453 625,724
Cash and Cash Equivalents at End of Period 789,315 727,388
Supplemental Schedule of Non-cash Activities    
Acquisition of real estate in settlement of loans 5,055 2,722
Common stock issued in acquisitions 0 214,659
Cash paid (received) for:    
Interest on deposits and borrowings, net of acquired 149,638 83,057
Income taxes, net $ (152,950) $ 19,006