Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Operating activities    
Net income $ 480,918 $ 473,743
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 65,714 107,930
Depreciation and amortization 210,311 208,041
Share-based compensation expense 27,643 19,958
Change in deferred income taxes 54,008 151,449
Originations of loans held for sale (2,276,606) (2,852,920)
Principal payments on and proceeds from loans held for sale 2,435,673 2,724,950
Gain on sale of loans held for sale (42,963) (34,292)
Gains on early extinguishment of debt 0 798
Bargain Purchase Gain 0 (11,409)
Net gain on sales of securities (981) (5,512)
Impairment losses recognized in earnings on available-for-sale securities 1,802 1,606
Net change in    
Trading account securities 17,038 (46,071)
Accrued income and other assets (36,350) 473,451
Accrued expense and other liabilities (122,913) (535,448)
Net cash provided by (used for) operating activities 813,294 674,678
Investing activities    
Decrease (Increase) in interest bearing deposits in banks 103,781 79,398
Net cash received in acquisitions 0 40,310
Proceeds from:    
Maturities and calls of available-for-sale and other securities 1,161,018 1,389,995
Maturities of held-to-maturity securities 195,369 69,822
Sales of available-for-sale and other securities 362,434 830,528
Purchases of available-for-sale and other securities (830,992) (2,074,313)
Purchases of held-to-maturity securities (397,309) (734,740)
Net proceeds from sales of loans 341,751 1,799,770
Net loan and lease activity, excluding sales (2,091,670) (2,532,577)
Proceeds from sale of operating lease assets 9,146 23,634
Purchases of premises and equipment (89,100) (82,862)
Proceeds from sales of other real estate 27,671 26,832
Purchases of loans and leases (7,417) (451,829)
Other, net 2,550 3,497
Net cash provided by (used for) investing activities (1,212,768) (1,612,535)
Financing activities    
Increase (decrease) in deposits 315,008 2,749,959
Increase (decrease) in short-term borrowings 155,454 (291,267)
Maturity/redemption of subordinated notes (50,000) (202,895)
Proceeds from Federal Home Loan Bank advances 2,600,000 815,000
Maturity/redemption of Federal Home Loan Bank advances (3,275,648) (1,213,815)
Proceeds from Issuance of Other Long-term Debt 748,727 0
Maturity/redemption of long-term debt 2,086 1,044,348
Dividends paid on preferred stock (23,910) (23,736)
Dividends paid on common stock (109,046) (103,400)
Repurchase of common stock (124,995) (65,303)
Other, net 10,822 (705)
Net cash provided by (used for) financing activities 244,326 619,490
Increase (decrease) in cash and cash equivalents (155,148) (318,367)
Cash and cash equivalents at beginning of period 1,262,806 1,115,968
Cash and cash equivalents at end of period 1,107,658 797,601
Supplemental disclosures:    
Income taxes paid (refunded) 99,538 5,581
Interest paid 116,945 180,267
Non-cash activities    
Loans transferred to loans held for sale 50,344 1,656,486
Loans transfered to portfolio from held-for-sale 307,303 0
Transfer of securities to held-to-maturity from available for sale 292,164 278,748
Dividends accrued, paid in subsequent quarter $ 47,907 $ 47,824