Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.5.0.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating activities    
Net income $ 345,854 $ 362,060
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 52,091 41,010
Depreciation and amortization 208,249 167,957
Share-based compensation expense 27,799 25,573
Gain (Loss) on Sale of Investments 656 82
Net change in:    
Trading account securities 1,708 (16,955)
Loans held for sale (307,880) (242,111)
Accrued income and other assets (97,334) (175,467)
Deferred income taxes (6,864) 24,138
Accrued expense and other liabilities 70,554 (84,512)
Other, net 6,883 15,516
Net cash provided by (used for) operating activities 286,638 86,095
Investing activities    
Change in interest bearing deposits in banks 6,942 (6,850)
Cash paid for acquisition of a business, net of cash received 0 457,836
Proceeds from:    
Maturities and calls of available-for-sale and other securities 467,633 916,486
Maturities of held-to-maturity securities 495,645 288,706
Proceeds from Sale of Available-for-sale Securities 170,986 20,126
Purchases of available-for-sale and other securities (1,405,035) (1,798,749)
Purchases of held-to-maturity securities 0 (215,447)
Proceeds from Securitizations of Loans Held-for-investment 0 780,117
Net proceeds from sales of portfolio loans 234,608 203,058
Net loan and lease activity, excluding sales and purchases (2,220,929) (1,172,432)
Purchases of premises and equipment (19,846) (43,093)
Proceeds from sales of other real estate 13,290 21,025
Purchases of loans and leases (341,985) (58,341)
Other, net 2,698 1,327
Net cash provided by (used for) investing activities (2,595,993) (1,521,903)
Financing activities    
Increase (decrease) in deposits (256,333) 1,821,169
Increase (decrease) in short-term borrowings 1,335,888 (888,979)
Sale Of Deposits 0 47,521
Net proceeds from issuance of long-term debt 1,051,794 1,746,938
Maturity/redemption of long-term debt (255,750) (789,408)
Dividends paid on preferred stock (27,872) (15,933)
Dividends paid on common stock (112,087) (97,310)
Repurchases of common stock 0 (150,847)
Proceeds from stock options exercised 3,887 6,517
Net proceeds from issuance of preferred stock 584,987 0
Other, net 4,865 10,586
Net cash provided by (used for) financing activities 2,329,379 1,595,212
Increase (decrease) in cash and cash equivalents 20,024 159,404
Cash and cash equivalents at beginning of period 847,156 1,220,565
Cash and cash equivalents at end of period 867,180 1,379,969
Supplemental disclosures:    
Interest paid 3,099 67,381
Income taxes paid (refunded) 107,428 87,986
Non-cash activities    
Loans transferred to held-for-sale from portfolio 266,527 111,588
Loans transferred to portfolio from held-for-sale 10,661 15,726
Transfer of loans to OREO $ 12,974 $ 13,028