Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating activities    
Net income $ 468,778,000 $ 483,110,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Goodwill, Impairment Loss 3,000,000 0
Provision for credit losses 78,495,000 65,714,000
Depreciation and amortization 238,974,000 210,311,000
Share-based compensation expense 33,656,000 27,643,000
Change in deferred income taxes 12,266,000 60,444,000
Originations of loans held for sale (1,775,970,000) (2,276,606,000)
Principal payments on and proceeds from loans held for sale 1,733,936,000 2,435,673,000
Gain on sale of loans held for sale (19,861,000) (42,963,000)
Gains on early extinguishment of debt 0 0
Bargain purchase gain 0 0
Net gain on sales of securities (17,658,000) (981,000)
Impairment losses recognized in earnings on available-for-sale securities 0 1,802,000
Other Noncash Income (Expense) 0 0
Net change in    
Trading account securities (30,887,000) 17,038,000
Accrued income and other assets (157,163,000) (36,350,000)
Accrued expense and other liabilities 61,660,000 (131,541,000)
Net cash provided by (used for) operating activities 629,226,000 813,294,000
Investing activities    
Decrease (Increase) in interest bearing deposits in banks (15,855,000) 103,781,000
Net cash received in acquisitions 691,637,000 0
Proceeds from:    
Maturities and calls of available-for-sale and other securities 1,056,833,000 1,161,018,000
Maturities of held-to-maturity securities 337,175,000 195,369,000
Sales of available-for-sale and other securities 1,093,176,000 362,434,000
Purchases of available-for-sale and other securities (3,436,111,000) (830,992,000)
Purchases of held-to-maturity securities 0 (397,309,000)
Net proceeds from sales of loans 254,663,000 341,751,000
Net loan and lease activity, excluding sales (3,229,382,000) (2,091,670,000)
Proceeds from sale of operating lease assets 362,000 9,146,000
Purchases of premises and equipment (31,559,000) (89,100,000)
Proceeds from sales of other real estate 29,741,000 27,671,000
Purchases of loans and leases (286,819,000) (7,417,000)
PaymentsToAcquireIntangibleAssets 946,000 0
Other, net 3,495,000 2,550,000
Net cash provided by (used for) investing activities (3,533,590,000) (1,212,768,000)
Financing activities    
Increase (decrease) in deposits 1,321,398,000 315,008,000
Increase (decrease) in short-term borrowings 983,741,000 155,454,000
Maturity/redemption of subordinated notes (124,907,000) (50,000,000)
Proceeds from Federal Home Loan Bank advances 3,355,499,000 2,600,000,000
Maturity/redemption of Federal Home Loan Bank advances (3,579,439,000) (3,275,648,000)
Proceeds from Issuance of Other Long-term Debt 1,250,000,000 748,727,000
Maturity/redemption of long-term debt 0 (2,086,000)
Dividends paid on preferred stock (23,891,000) (23,910,000)
Dividends paid on common stock (121,253,000) (109,046,000)
Proceeds from Issuance of Common Stock 2,597,000 0
Repurchase of common stock (299,720,000) (124,995,000)
Other, net 19,069,000 10,822,000
Net cash provided by (used for) financing activities 2,783,094,000 244,326,000
Increase (decrease) in cash and cash equivalents (121,270,000) (155,148,000)
Cash and cash equivalents at beginning of period 1,001,132,000 1,262,806,000
Cash and cash equivalents at end of period 879,862,000 1,107,658,000
Supplemental disclosures:    
Interest paid 98,080,000 116,945,000
Income taxes paid (refunded) 87,454,000 99,538,000
Non-cash activities    
Loans transfered to portfolio from held-for-sale 45,240,000 307,303,000
Transfer of securities to held-to-maturity from available for sale 0 292,164,000
Loans transferred to loans held for sale 85,022,000 50,344,000
Dividends accrued, paid in subsequent quarter $ 46,580,000 $ 47,907,000