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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
9 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 117,818,000 $ 116,803,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 19,075,000 8,467,000
Cash received from (paid to) FDIC under loss share (714,000) 949,000
Stock option compensation expense 900,000 900,000
Reversal of provision for loan losses (11,381,000) (11,936,000)
(Gain) loss on investment securities and real estate held for sale (25,817,000) 598,000
Prepayment penalty from repayment of borrowings 10,554,000 0
Decrease (increase) in accrued interest receivable 12,487,000 (2,174,000)
Decrease (increase) in FDIC loss share receivable 1,795,000 (2,029,000)
Decrease in federal and state income tax 10,883,000 8,258,000
Increase in cash surrender value in bank owned life insurance (1,720,000) 0
Increase in other assets (37,376,000) (14,514,000)
Decrease in accrued expenses and other liabilities (23,738,000) (10,487,000)
Net cash provided by operating activities 72,766,000 94,835,000
CASH FLOWS FROM INVESTING ACTIVITIES    
Net loan originations (204,527,000) (329,076,000)
Loans purchased (183,406,000) 0
FHLB & FRB stock redemption 55,649,000 9,952,000
Available-for-sale securities purchased (329,490,000) (1,080,476,000)
Principal payments and maturities of available-for-sale securities 502,561,000 363,103,000
Proceeds on available-for-sale securities sold 244,749,000 0
Held-to-maturity securities purchased (249,382,000) 0
Principal payments and maturities of held-to-maturity securities 207,954,000 68,981,000
Net cash received from acquisitions 0 1,776,660,000
Proceeds from sales of real estate owned and held for investment 45,603,000 49,550,000
Proceeds from sales of covered REO 17,474,000 17,216,000
Purchase of bank owned life insurance (100,000,000) 0
Premises and equipment purchased and REO improvements (24,582,000) (35,647,000)
Net cash provided by (used in) investing activities (17,397,000) 840,263,000
CASH FLOWS FROM FINANCING ACTIVITIES    
Net decrease in customer accounts (138,390,000) (178,161,000)
Repayments of borrowings (210,554,000) 0
Proceeds from exercise of common stock options and related tax benefit 1,676,000 10,358,000
Dividends paid on common stock (38,997,000) (31,393,000)
Treasury stock purchased (103,049,000) (64,231,000)
Increase (decrease) in advance payments by borrowers for taxes and insurance 1,652,000 (13,930,000)
Net cash used in financing activities (487,662,000) (277,357,000)
Increase (decrease) in cash and cash equivalents (432,293,000) 657,741,000
Cash and cash equivalents at beginning of period 781,843,000 203,563,000
Cash and cash equivalents at end of period 349,550,000 861,304,000
Non-cash investing activities    
Non-covered real estate acquired through foreclosure 23,940,000 32,818,000
Covered real estate acquired through foreclosure 1,892,000 6,163,000
Cash paid during the period for    
Interest 88,511,000 97,485,000
Income taxes 48,096,000 54,072,000
The following summarizes the non-cash activities related to acquisitions    
Fair value of assets and intangibles acquired, including goodwill 0 80,384,000
Fair value of liabilities assumed 0 (1,857,044,000)
Net fair value of assets (liabilities) $ 0 $ (1,776,660,000)