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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2015
Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 35,098 $ 38,407
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion 2,934 5,299
Cash received from (paid to) FDIC under loss share 1,975 (431)
Stock option compensation expense 300 300
Provision for (reversal of) allowance for loan losses 0 (5,500)
Gain on investment securities and real estate held for sale (2,310) (9,606)
Decrease in accrued interest receivable 2,170 11,280
Decrease in federal and state income tax receivable 16,577 19,208
Increase in cash surrender value of bank owned life insurance (785) (216)
Increase in other assets (3,754) (14,552)
Increase (decrease) in accrued expenses and other liabilities 15,870 (25,890)
Net cash provided by operating activities 68,075 18,299
CASH FLOWS FROM INVESTING ACTIVITIES    
Origination of loans and principal repayments, net (179,768) (36,993)
Loans purchased (51,646) (46,831)
FHLB & FRB stock purchased (6,809) 0
FHLB & FRB stock redemption 2,901 3,969
Available-for-sale securities purchased (50,741) (41,225)
Principal payments and maturities of available-for-sale securities 114,764 202,760
Principal payments and maturities of held-to-maturity securities 43,569 31,178
Proceeds from sales of real estate owned 26,664 17,909
Purchase of bank owned life insurance 0 (100,000)
Premises and equipment purchased and REO improvements (17,183) (2,019)
Net cash provided by (used in) investing activities (118,249) 28,748
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase (decrease) in customer accounts 19,492 (137,999)
Proceeds from borrowings 204,000 0
Repayments of borrowings (106,000) (100,000)
Proceeds from exercise of common stock options and related tax benefit 5,042 266
Dividends paid on common stock (12,036) (14,359)
Treasury stock purchased (9,938) (24,326)
Decrease in advance payments by borrowers for taxes and insurance (28,476) (9,703)
Net cash provided by (used in) financing activities 72,084 (286,121)
Increase (decrease) in cash and cash equivalents 21,910 (239,074)
Cash and cash equivalents at beginning of period 284,049 781,843
Cash and cash equivalents at end of period 305,959 542,769
Non-cash investing activities    
Real estate acquired through foreclosure 5,308 8,852
Covered real estate acquired through foreclosure 0 51
Cash paid during the period for    
Interest 29,195 34,653
Income taxes $ 8 $ 23