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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 85,439 $ 98,762
Adjustments to reconcile net income to net cash from operating activities:    
Discount accretion, net of depreciation and amortization 904 (3,318)
Stock-based compensation expense 2,326 1,868
Provision for loan losses 4,200 4,800
Credit for unfunded loan commitments 0 (50)
Valuation adjustment of OREO 153 113
Net gains on sales of SBA and other loans (1,807) (8,557)
Earnings on BOLI (744) (778)
Net change in fair value of derivatives (62) 15
Net losses on sale and disposal of premises and equipment 75 36
Net losses (gains) on sales of OREO 13 (151)
Net gains on sales of securities available for sale (129) 0
Net change in fair value of equity investments with readily determinable fair value (1,225) (3,518)
Losses on investments in affordable housing partnership 5,216 5,074
Net change in deferred income taxes 3,933 4,408
Proceeds from sales of loans held for sale 64,220 161,621
Originations of loans held for sale (49,560) (148,086)
Originations of servicing assets (946) (3,316)
Net change in accrued interest receivable (1,755) (975)
Net change in other assets (19,976) 2,102
Net change in accrued interest payable 5,613 8,633
Net change in other liabilities (6,468) (13,134)
Net cash provided by operating activities 89,420 105,549
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of interest bearing deposits in other financial institutions (11,270) (4,611)
Redemption of interest bearing deposits in other financial institutions 10,047 5,635
Purchase of securities available for sale (110,954) (277,627)
Proceeds from matured, called, or paid-down securities available for sale 114,943 102,950
Proceeds from sale of securities available for sale 69,169 0
Proceeds from sales of other loans held for sale previously classified as held for investment 83,599 6,296
Net change in loans receivable 56,824 (557,761)
Proceeds from sales of OREO 2,741 4,350
Purchase of FHLB stock (155)  
Purchase of FHLB stock   0
Redemption of FHLB stock 4,036 2,829
Purchase of premises and equipment (3,100) (4,329)
Proceeds from BOLI death benefits 1,363 0
Investments in affordable housing partnerships (12,270) (5,480)
Net cash provided by (used in) investing activities 204,973 (727,748)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net change in deposits 16,728 887,987
Proceeds from FHLB advances 515,000 0
Repayment of FHLB advances (640,000) (320,000)
Repayment of federal funds purchased 0 (69,900)
Proceeds from convertible notes, net of issuance fees 0 212,920
Purchase of treasury stock 0 (78,961)
Cash dividends paid on common stock (35,463) (35,235)
Taxes paid in net settlement of restricted stock (472) (457)
Issuance of additional stock pursuant to various stock plans 3 209
Net cash (used in) provided by financing activities (144,204) 596,563
NET CHANGE IN CASH AND CASH EQUIVALENTS 150,189 (25,636)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 459,606 492,000
CASH AND CASH EQUIVALENTS, END OF PERIOD 609,795 466,364
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Interest paid 102,452 58,348
Income taxes paid 35,159 15,218
SUPPLEMENTAL DISCLOSURES OF NON-CASH ACTIVITIES    
Transfer from loans receivable to OREO 302 1,876
Transfer from loans receivable to loans held for sale 82,991 6,155
Transfer from loans held for sale to loans receivable 5,181 478
Transfer of available for sale securities to equity investments with adoption of ASU 2016-01 0 21,957
New commitments to fund affordable housing partnership investments 0 5,000
Lease liabilities arising from obtaining right-of-use assets $ 62,833 $ 0