As Reported Financial Statements

As Reported Financials

Document Name As Of Date Currency Code (in thousands) 2015 Y 10-K 12/31/2015 USD 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-K 12/31/2018 USD 2019 Q3 YTD 10-Q 9/30/2019 USD
Document Name As Of Date Currency Code 2015 Y 10-K 12/31/2015 USD 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-K 12/31/2018 USD 2019 Q3 YTD 10-Q 9/30/2019 USD

Cash Flows From Operating Activities

Net income 116,716 134,264 95,725 190,830 189,021

Adjustments to reconcile net income to cash provided by operating activities

Depreciation 14,101 16,558 22,183 23,773 19,980
Amortization of other intangible assets 11,746 12,486 11,841 14,442 12,965
Amortization of tax credit investments 0 0 11,733 22,949 2,039
Net premium amortization on investment securities 18,609 18,633 15,302 14,384 13,199
Amortization of and net gains on termination of FDIC indemnification asset 9,034 NA NA NA NA
Accretion income related to acquired loans NA (57,244) (40,576) (40,598) (33,465)
Share-based compensation expense 4,255 7,318 6,275 8,118 5,946
Excess tax (benefit) expense on share-based compensation 0 0 79 401 (1,057)
Provision for loan losses 2,923 960 3,050 6,966 3,483
Net debt securities (gains) losses (5,718) (5,848) (9,135) (2,060) (1,486)
Recognition of deferred gain on sale leaseback transactions (16,444) (16,057) (2,080) (1,577) NA
Gain on sale of ONB Insurance Group, Inc. 0 (41,864) 0 0 NA
Net gain on branch divestitures (15,627) 0 0 (13,989) NA
Net (gains) losses on sales of loans and other assets (5,232) (4,741) (6,421) (2,290) (3,815)
Increase in cash surrender value of company-owned life insurance (8,604) (8,479) (8,654) (10,584) (8,602)
Residential real estate loans originated for sale (350,846) (637,639) (452,604) (501,999) (564,457)
Proceeds from sales of residential real estate loans 362,157 578,653 535,271 514,891 528,739
(Increase) decrease in interest receivable (7,523) (4,974) 151 2,038 8,717
(Increase) decrease in other real estate owned 4,538 11,301 10,794 6,532 NA
(Increase) decrease in other assets 16,079 46,004 45,008 2,046 (1,695)
Increase (decrease) in accrued expenses and other liabilities (26,408) (24,524) 12,141 134 (32,816)
Total adjustments 7,040 (109,457) 154,358 43,577 NA
Net cash flows provided by (used in) operating activities 123,756 24,807 250,083 234,407 136,696

Cash Flows From Investing Activities

Cash portion of bank purchase price, net of cash acquired (37,098) (62,532) 2,564 60,759 NA
Payments related to branch divestitures (333,095) 0 0 (210,659) NA
Proceeds from sale of ONB Insurance Group, Inc. 0 91,771 0 0 NA
Purchases of investment securities available-for-sale (832,419) (1,625,746) (874,555) (663,338) (1,713,799)
Purchases of investment securities held-to-maturity (74,862) NA NA NA NA
Purchases of Federal Home Loan Bank/Federal Reserve Bank stock (21,872) (10,974) (17,979) (23,066) (21,142)
Proceeds from maturities, prepayments, and calls of investment securities available-for-sale 764,649 1,177,130 438,818 419,270 810,397
Proceeds from sales of investment securities available-for-sale 343,486 243,312 342,233 139,364 295,615
Proceeds from maturities, prepayments, and calls of investment securities held-to-maturity 39,799 120,954 57,682 55,520 99,913
Proceeds from sales of investment securities held-to-maturity 855 NA NA NA NA
Proceeds from sales of Federal Home Loan Bank/Federal Reserve Bank stock 8,711 0 6,594 2,409 21
Proceeds from sales of equity securities 0 0 127 128 130
Proceeds from sale of student loan portfolio NA 0 0 70,674 0
Reimbursements under FDIC loss share agreements 3,548 10,000 0 0 NA
Loan originations and payments, net (285,875) (370,442) (475,519) (102,928) 257,675
Proceeds from company-owned life insurance death benefits 1,224 4,095 2,347 6,501 5,716
Proceeds from sales of premises and equipment and other assets 7,714 6,332 18,592 7,341 3,038
Purchases of premises and equipment and other assets (85,661) (224,659) (37,303) (33,391) (31,095)
Net cash flows provided by (used in) investing activities (500,896) (640,759) (536,399) (271,416) (293,531)

Cash Flows From Financing Activities

Net increase (decrease) in

Deposits 89,328 489,680 85,062 261,551 98,403
Federal funds purchased and interbank borrowings 95,903 (78,087) 76,430 (64,898) (29,546)
Securities sold under agreements to repurchase (31,205) (23,489) (5,207) (41,997) (24,743)
Other borrowings NA (67) (20,056) (1,505) 3,744
Payments for maturities of Federal Home Loan Bank advances (229,109) (594,541) (947,694) (1,001,888) (375,999)
Payments for maturities/redemptions of other borrowings (63) NA NA NA NA
Proceeds from Federal Home Loan Bank advances 575,000 925,000 1,205,000 995,000 750,000
Cash dividends paid on common stock (55,552) (67,536) (72,604) (82,161) (67,424)
Common stock repurchased (88,695) (2,044) (2,761) (1,805) (95,214)
Proceeds from exercise of stock options 997 2,349 2,655 948 280
Common stock issued 391 388 404 497 419
Net cash flows provided by (used in) financing activities 356,995 651,653 321,229 63,742 259,920
Net increase (decrease) in cash and cash equivalents (20,145) 35,701 34,913 26,733 103,085
Cash and cash equivalents at beginning of period 239,963 219,818 255,519 290,432 317,165
Cash and cash equivalents at end of period 219,818 255,519 290,432 317,165 420,250

Supplemental cash flow information

Total interest paid NA NA NA NA 101,224
Total taxes paid (net of refunds) NA NA NA NA 2,954
Investment securities purchased but not settled NA NA NA NA 64,924
Securities transferred from held-to-maturity to available-for-sale NA NA NA NA 0
Securities transferred from available-for-sale to held-to-maturity NA NA NA NA 0
Operating lease right-of-use assets obtained in exchange for lease obligations NA NA NA NA 117,853
Finance lease right-of-use assets obtained in exchange for lease obligations NA NA NA NA 7,871
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.