Net income
|
75,063 |
88,526 |
96,787 |
172,595 |
149,398 |
|
Provision for loan and lease losses
|
9,641 |
10,140 |
3,582 |
14,586 |
25,969 |
|
Depreciation and amortization
|
13,266 |
13,037 |
12,645 |
24,171 |
20,136 |
|
Stock-based compensation expense
|
4,049 |
5,354 |
5,446 |
6,219 |
6,467 |
|
Pension expense (income)
|
(1,042) |
(1,153) |
(628) |
859 |
781 |
|
Net amortization (accretion) on investment securities
|
7,899 |
8,476 |
10,798 |
10,846 |
8,663 |
|
Net (gain) loss on sales of investment securities
|
(1,505) |
(234) |
(1,649) |
161 |
110 |
|
Originations of loans held for sale
|
(246,845) |
(232,526) |
(157,796) |
(157,771) |
(269,271) |
|
Net gains from sales of loans held for sale
|
(6,471) |
(6,804) |
(5,169) |
(6,071) |
(10,128) |
|
Proceeds from sales of loans held for sale
|
242,029 |
246,829 |
163,300 |
167,374 |
260,243 |
|
Deferred income taxes
|
4,192 |
346 |
(4,488) |
6,267 |
12,626 |
|
Amortization of operating leases
|
NA
|
NA
|
NA
|
NA
|
5,494 |
|
Payments for operating leases
|
NA
|
NA
|
NA
|
NA
|
(5,652) |
|
Decrease (increase) cash surrender value of life insurance
|
(5,379) |
(186) |
(3,792) |
(5,454) |
(3,017) |
|
Decrease (increase) in interest receivable
|
(995) |
(1,456) |
(5,707) |
(3,808) |
201 |
|
Decrease in indemnification asset
|
5,036 |
5,613 |
10,117 |
1,900 |
NA
|
|
(Decrease) increase in interest payable
|
2,296 |
46 |
55 |
5,207 |
1,160 |
|
Decrease (increase) in other assets
|
(33,370) |
(1,108) |
(21,455) |
34,360 |
(232,483) |
|
(Decrease) increase in other liabilities
|
23,703 |
7,700 |
21,478 |
(10,043) |
137,405 |
|
Net cash provided by (used in) operating activities
|
91,567 |
142,600 |
123,524 |
261,398 |
108,102 |
|
Proceeds from sales of securities available-for-sale
|
70,219 |
206,990 |
189,962 |
290,745 |
400,533 |
|
Proceeds from calls, paydowns and maturities of securities available-for-sale
|
120,953 |
186,132 |
224,690 |
387,351 |
401,586 |
|
Purchases of securities available-for-sale
|
(547,901) |
(396,984) |
(723,131) |
(852,131) |
(518,455) |
|
Proceeds from sales of securities held-to-maturity
|
0 |
4,862 |
0 |
0 |
NA
|
|
Proceeds from calls, paydowns and maturities of securities held-to-maturity
|
140,059 |
127,021 |
121,903 |
36,671 |
12,073 |
|
Purchases of securities held-to-maturity
|
(3,520) |
(11,196) |
(23,402) |
(14,014) |
0 |
|
Purchases of other investment securities
|
NA
|
(4,239) |
(2,353) |
(31,385) |
(11,620) |
|
Net decrease (increase) in interest-bearing deposits with other banks
|
(11,104) |
(48,716) |
48,476 |
(3,764) |
(1,931) |
|
Net decrease (increase) in loans and leases
|
(390,312) |
(376,848) |
(266,043) |
(28,577) |
(267,320) |
|
Proceeds from disposal of other real estate owned
|
15,817 |
9,356 |
6,983 |
3,797 |
1,207 |
|
Purchases of premises and equipment
|
(7,467) |
(9,726) |
(6,537) |
(18,228) |
(15,227) |
|
Net cash acquired (paid) from business combinations
|
(305,591) |
0 |
0 |
64,895 |
(51,663) |
|
Net cash (paid) received for branch divestitures
|
NA
|
0 |
0 |
(41,197) |
118 |
|
Net cash provided by (used in) investing activities
|
(918,847) |
(313,348) |
(429,452) |
(205,837) |
(50,699) |
|
Net (decrease) increase in total deposits
|
523,882 |
346,164 |
369,258 |
(18,690) |
(56,419) |
|
Net (decrease) increase in short-term borrowings
|
277,033 |
(130,513) |
6,653 |
30,531 |
173,495 |
|
Payments on long-term debt
|
(46,238) |
(86) |
(94) |
(52,460) |
(74,454) |
|
Proceeds from issuance of long-term debt
|
120,000 |
NA
|
NA
|
NA
|
NA
|
|
Proceeds from FHLB borrowings
|
NA
|
0 |
0 |
150,000 |
0 |
|
Cash dividends paid on common stock
|
(39,070) |
(39,125) |
(41,178) |
(79,655) |
(66,482) |
|
Purchases of treasury stock
|
(4,498) |
NA
|
NA
|
NA
|
NA
|
|
Treasury stock purchase
|
NA
|
NA
|
NA
|
NA
|
(27,372) |
|
Proceeds from exercise of stock options
|
744 |
801 |
341 |
284 |
90 |
|
Excess tax benefit on share-based compensation
|
146 |
264 |
0 |
0 |
NA
|
|
Net cash provided by (used in) financing activities
|
831,999 |
177,505 |
334,980 |
30,010 |
(51,142) |
|
Change in cash and due from banks
|
4,719 |
6,757 |
29,052 |
85,571 |
6,261 |
|
Cash and due from banks at beginning of period
|
110,122 |
114,841 |
121,598 |
150,650 |
236,221 |
|
Cash and due from banks at end of period
|
114,841 |
121,598 |
150,650 |
236,221 |
242,482 |
|
Interest paid
|
20,961 |
33,233 |
49,474 |
84,125 |
NA
|
|
Income taxes paid
|
31,193 |
37,566 |
38,329 |
16,004 |
NA
|
|
Acquisition of other real estate owned through foreclosure
|
8,398 |
2,872 |
4,119 |
1,821 |
NA
|
|
Issuance of restricted stock awards
|
7,760 |
5,759 |
6,416 |
8,797 |
NA
|
|
Securities transferred from AFS to HTM
|
NA
|
0 |
0 |
372,128 |
NA
|
|
Common stock issued in bank acquisitions
|
NA
|
0 |
0 |
1,043,424 |
NA
|
|
Assets acquired, net of purchase consideration
|
NA
|
0 |
0 |
3,342,781 |
(39,140) |
|
Liabilities assumed
|
NA
|
0 |
0 |
4,018,948 |
18,298 |
|
Goodwill
|
NA
|
0 |
0 |
676,167 |
57,438 |
|