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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 157,364 $ 151,505 $ 138,183
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and Amortization 17,347 15,774 34,502
Cash received from FDIC under loss share 2,502 13,421 7,587
Stock option compensation expense 324 473 848
Provision (reversal) for loan losses (15,401) 1,350 44,955
(Gain) loss on investment securities and real estate held for sale, net (2,510) (8,011) (100,952)
Loss on extinguishment of debt 0 0 95,565
(Increase) decrease in accrued interest receivable (2,819) (330) 5,726
Increase in FDIC loss share receivable (1,795) (1,482) (3,284)
Decrease (increase) in income taxes receivable 18,890 (17,462) 18,066
(Increase) decrease in other assets (17,799) 36,350 (74,889)
Increase (decrease) in accrued expenses and other liabilities 17,612 (10,166) 8,649
Net cash provided by operating activities 173,715 181,422 174,956
CASH FLOWS FROM INVESTING ACTIVITIES      
Net (loan originations) principal collections (261,401) 343,771 544,240
Loans purchased (218,544) 0 0
FHLB & FRB stock purchase 0 (23,981) 0
FHLB & FRB stock redeemed 14,017 5,894 1,830
Available-for-sale securities purchased (1,280,477) (889,595) (2,442,184)
Principal payments and maturities of available-for-sale securities 609,395 275,726 1,608,603
Available-for-sale securities sold 0 43,198 2,257,913
Held-to-maturity securities purchased 0 (787,449) (1,167,121)
Principal payments and maturities of held-to-maturity securities 103,617 331,022 23,082
Net cash received from acquisition 1,776,660 202,308 50,576
Proceeds from sales of real estate held for sale and investment 73,895 115,615 175,832
Proceeds from sales of covered REO 15,654 20,843 33,579
Premises and equipment purchased and REO improvements (51,794) (29,246) (32,010)
Net cash (used) by investing activities 781,022 (391,894) 1,054,340
CASH FLOWS FROM FINANCING ACTIVITIES      
Net (decrease) in customer accounts (226,914) (223,515) (225,068)
Proceeds from long-term borrowings 0 50,000 0
Repayments of long-term borrowings 0 (22,470) (995,306)
Proceeds from exercise of common stock options and related tax benefit 10,252 4,261 357
Dividends paid on common stock (42,065) (37,835) (32,430)
Treasury stock purchased, net (104,291) (110,238) (41,914)
(Decrease) increase in advance payments by borrowers for taxes and insurance (13,439) 2,402 493
Net cash provided (used) by financing activities (376,457) (337,395) (1,293,868)
Increase (decrease) in cash and cash equivalents 578,280 (547,867) (64,572)
Cash and cash equivalents at beginning of period 203,563 751,430 816,002
Cash and cash equivalents at end of period 781,843 203,563 751,430
Non-cash investing activities      
Non-covered real estate acquired through foreclosure 37,721 91,352 160,971
Covered real estate acquired through foreclosure 8,748 11,196 15,905
Cash paid during the period for      
Interest 128,733 140,409 199,735
Income taxes 64,372 80,417 59,596
The following summarizes the non-cash activities related to acquisitions      
Fair value of assets and intangibles acquired, including goodwill 80,242 607,193 124,594
Fair value of liabilities assumed (1,856,902) (776,009) (154,493)
Net fair value of acquired assets (liabilities) $ (1,776,660) $ (168,816) $ (29,899)