FHN Stock Cash Flow Statements

First Horizon Quarterly Cash Flow Statements Chart

Quarterly

Annual

Stock-Based Compensation

Operating Cash Flow

Investing Cash Flow

Financing Cash Flow

First Horizon Quarterly Cash Flow Statements Table

Quarterly

Annual

Unit: USD	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-09-30	2019-06-30	2019-03-31	2018-09-30	2018-06-30	2018-03-31	2016-03-31	2011-09-30	2011-06-30	2011-03-31	2010-09-30	2010-06-30	2010-03-31	2009-09-30	2009-06-30	2009-03-31	2008-09-30

operating activities
net income	245,000,000	222,000,000	170,000,000	223,000,000	204,000,000	197,000,000	189,000,000	142,000,000	330,000,000	255,000,000	270,000,000	268,000,000	176,000,000	198,000,000	229,000,000	235,000,000	310,000,000	236,000,000	232,825,000											38,980,000					-9,893,000	-35,014,000
adjustments to reconcile net income to net cash from operating activities:
benefit from credit losses	30,000,000	40,000,000	10,000,000	35,000,000	55,000,000	50,000,000		110,000,000	50,000,000	50,000,000	45,000,000	60,000,000	30,000,000	-40,000,000	-65,000,000	-85,000,000
deferred income tax expense	18,000,000	2,000,000	4,000,000	5,000,000	31,000,000	-57,000,000	21,000,000	22,000,000	-5,000,000	6,000,000	-76,000,000	10,000,000	119,000,000	38,000,000		-51,000,000	26,000,000	-3,000,000
depreciation and amortization of premises and equipment	14,000,000	14,000,000	14,000,000	14,000,000	13,000,000	14,000,000	14,000,000	13,000,000	14,000,000	14,000,000	14,000,000	15,000,000	15,000,000	15,000,000	15,000,000	15,000,000	15,000,000	16,000,000		15,778,000	10,524,000	10,516,000	10,578,000	11,164,000	11,400,000	11,939,000	11,783,000	11,978,000	8,122,000	8,876,000	8,618,000	8,548,000	7,649,000	7,519,000	7,535,000	7,762,000	8,399,000	8,502,000	8,920,000
amortization of intangible assets	10,000,000	10,000,000	11,000,000	11,000,000	11,000,000	11,000,000	11,000,000	12,000,000	12,000,000	12,000,000	12,000,000	13,000,000	13,000,000	13,000,000	14,000,000	14,000,000	14,000,000	14,000,000		14,629,000	5,284,000	5,308,000	6,206,000	6,205,000	6,217,000	6,460,000	6,460,000	6,474,000	1,300,000	1,012,000	1,032,000	1,336,000	1,382,000	1,382,000	1,380,000	1,445,000	1,509,000	1,636,000	1,802,000
net other amortization and accretion	-5,000,000	-2,000,000	-6,000,000	6,000,000	1,000,000	1,000,000		5,000,000	5,000,000	4,000,000	-8,000,000	12,000,000	-5,000,000	-10,000,000	-17,000,000	-18,000,000	-18,000,000	-14,000,000		-25,886,000	4,174,000	3,664,000	4,174,000	-3,799,000	1,257,000	-1,046,000	-7,332,000	-1,613,000	4,730,000	11,447,000	12,106,000	13,183,000	12,168,000	10,789,000	10,443,000	9,634,000	12,129,000	11,420,000	10,335,000
net decrease in trading securities	196,000,000	237,000,000
net increase in derivatives	-7,000,000	-3,000,000	1,000,000	-7,000,000	0	4,000,000	-25,000,000	9,000,000	-32,000,000	-266,000,000	-298,000,000	264,000,000	163,000,000	395,000,000	103,000,000	56,000,000	-69,000,000	322,000,000
stock-based compensation expense	15,000,000	18,000,000	15,000,000	13,000,000	13,000,000	18,000,000	15,000,000	13,000,000	-14,000,000	22,000,000	22,000,000	21,000,000	18,000,000	14,000,000	12,000,000	10,000,000	11,000,000	10,000,000	9,413,000	11,588,000	3,718,000	7,281,000	5,822,000	5,224,000	5,432,000	6,012,000	5,547,000	5,906,000	3,941,000	4,367,000	2,603,000	2,544,000	6,171,000	2,441,000	1,675,000	2,020,000	1,063,000	2,276,000	1,883,000
loans held for sale:
purchases and originations	-683,000,000	-558,000,000	-686,000,000	-700,000,000	-764,000,000	-608,000,000	-461,000,000	-548,000,000	-809,000,000	-477,000,000	-544,000,000	-717,000,000	-956,000,000	-1,511,000,000	-1,962,000,000	-1,878,000,000	-1,861,000,000	-943,000,000		-1,683,484,000	-509,324,000	-587,593,000	-485,202,000	-489,587,000	-513,788,000	-596,874,000	-557,940,000	-574,735,000
gross proceeds from settlements and sales	544,000,000	372,000,000	400,000,000	525,000,000	488,000,000	379,000,000	323,000,000	333,000,000	234,000,000	293,000,000	260,000,000	456,000,000	674,000,000	920,000,000	1,163,000,000	1,238,000,000	1,367,000,000	683,000,000		1,255,082,000	141,707,000	180,810,000	219,242,000	226,040,000	135,855,000	227,394,000	371,986,000	152,209,000	10,311,000
gain due to fair value adjustments and other	-6,000,000	-1,000,000
other operating activities	-288,000,000	-2,000,000	-214,000,000	415,000,000	-313,000,000	244,000,000	197,000,000	365,000,000	25,000,000	-359,000,000	-87,000,000	-9,000,000	-277,000,000	141,000,000	-1,104,000,000	71,000,000	319,000,000	789,000,000	-704,813,000
total adjustments	-162,000,000	127,000,000	21,000,000	166,000,000	-354,000,000	641,000,000	176,000,000	556,000,000	-25,000,000	-324,000,000	-245,000,000	500,000,000	648,000,000	496,000,000	-56,000,000	-682,000,000	-359,000,000	828,000,000	947,072,000	-308,980,000	840,385,000	-1,416,477,000	255,343,000	111,055,000	19,084,000	-449,444,000	162,269,000	-299,372,000	-163,231,000	222,426,000	-95,481,000	-267,803,000	621,169,000	-415,048,000	-112,666,000	269,045,000	567,869,000	29,260,000	2,195,467,000
net cash from operating activities	83,000,000	349,000,000	191,000,000	389,000,000	-150,000,000	838,000,000	365,000,000	698,000,000	305,000,000	-69,000,000	25,000,000	768,000,000	824,000,000	694,000,000	173,000,000	-447,000,000	-49,000,000	1,064,000,000	439,897,000																	234,031,000
investing activities
proceeds from maturities of securities available for sale	240,000,000	217,000,000	217,000,000	223,000,000	208,000,000	183,000,000	178,000,000	227,000,000	207,000,000	244,000,000	271,000,000	320,000,000	352,000,000	408,000,000	1,091,000,000	505,000,000	584,000,000	591,000,000
purchases of securities available for sale	-212,000,000	-245,000,000	-1,267,000,000	-247,000,000	-3,000,000	-21,000,000	-33,000,000	-7,000,000	0	-221,000,000	-310,000,000	-594,000,000	-371,000,000	-1,492,000,000	-1,393,000,000	-696,000,000	-582,000,000	-1,065,000,000
proceeds from prepayments of securities held to maturity	14,000,000	13,000,000	13,000,000	16,000,000	15,000,000	13,000,000	13,000,000	16,000,000	14,000,000	10,000,000	15,000,000	15,000,000	14,000,000	11,000,000	7,000,000
purchases of premises and equipment	-9,000,000	-9,000,000	-17,000,000	-6,000,000	-11,000,000	-10,000,000	-14,000,000	-9,000,000	-9,000,000	-5,000,000	-6,000,000	-3,000,000	-9,000,000	-10,000,000	-7,000,000	-20,000,000	-16,000,000	-10,000,000
net increase in loans and leases	-1,065,000,000	333,000,000	-116,000,000	318,000,000	-1,051,000,000	-488,000,000	481,000,000	-569,000,000	-2,266,000,000	-949,000,000	-753,000,000	-831,000,000	-1,506,000,000	-134,000,000	618,000,000	1,290,000,000	1,939,000,000	-338,000,000
net increase in interest-bearing deposits with banks	253,000,000	373,000,000	-252,000,000	167,000,000	433,000,000	-557,000,000	589,000,000	2,606,000,000	-2,036,000,000	-1,103,000,000	1,857,000,000	6,234,000,000	4,073,000,000	1,359,000,000	-78,000,000	-1,378,000,000	-1,816,000,000	-3,284,000,000
other investing activities	3,000,000	11,000,000	-2,000,000	3,000,000	1,000,000	4,000,000	-11,000,000	13,000,000	1,000,000	2,000,000	70,000,000	1,000,000	2,000,000	2,000,000	4,000,000	7,000,000	2,000,000	6,000,000
net cash from investing activities	-776,000,000	693,000,000	-256,000,000	482,000,000			1,228,000,000	2,273,000,000	-4,084,000,000	-2,022,000,000	1,158,000,000	4,435,000,000	2,566,000,000	154,000,000	-144,000,000	-527,000,000	126,000,000	-4,072,000,000	3,544,638,000											-409,783,000	-215,132,000	881,374,000	-180,656,000
financing activities
common stock:
stock options exercised	0	3,000,000	8,000,000	0			0	0	0	5,000,000	6,000,000	4,000,000	11,000,000	15,000,000	3,000,000	0	13,000,000	12,000,000	2,855,000	0	1,000	4,144,000	5,329,000	2,944,000	520,000	23,000	93,000	4,327,000	157,000
cash dividends paid	-82,000,000	-80,000,000	-80,000,000	-81,000,000	-86,000,000	-85,000,000	-84,000,000	-84,000,000	-84,000,000	-83,000,000	-81,000,000	-81,000,000	-80,000,000	-82,000,000	-81,000,000	-85,000,000	-83,000,000	-84,000,000	-83,058,000	-47,017,000	-47,848,000	-44,077,000	-43,744,000	-44,952,000	-38,759,000	-39,001,000	-39,399,000	-21,353,000	-14,347,000	-2,621,000									-38,849,000
repurchase of shares	-28,000,000	-365,000,000	-164,000,000	-75,000,000	-228,000,000	-159,000,000	0	0	-6,000,000	-4,000,000	0	-2,000,000	-8,000,000	-2,000,000	-144,000,000	-146,000,000	-64,000,000	-62,000,000	295,000	-752,000	-1,479,000	-2,064,000	-28,383,000	-52,222,000	-53,436,000	-19,207,000	-2,606,000	-2,184,000	-75,763,000	-33,000	-416,000	-471,000	-859,000			-23,000	-256,000	-109,000	-47,000
preferred stock:
series d preferred stock redemption				0
cash dividends paid - preferred stock - noncontrolling interest	-4,000,000	-4,000,000	-4,000,000	-5,000,000	-5,000,000	-5,000,000	-5,000,000	-4,000,000	-4,000,000	-4,000,000		-3,000,000	-3,000,000	-3,000,000	-2,000,000	-3,000,000	-3,000,000	-3,000,000		-2,852,000	-2,851,000	-2,883,000	-2,852,000	-2,820,000	-2,883,000	-2,852,000	-2,820,000	-2,883,000							-2,844,000
cash dividends paid - preferred stock	-5,000,000	-8,000,000	-5,000,000	-8,000,000	-8,000,000	-8,000,000	-8,000,000	-8,000,000	-8,000,000	-8,000,000		-8,000,000	-8,000,000	-8,000,000		-8,000,000	-8,000,000	-8,000,000	-8,751,000
net decrease in deposits	1,368,000,000	-1,373,000,000
net increase in short-term borrowings	-334,000,000	395,000,000		-1,929,000,000	1,812,000,000	154,000,000		-4,439,000,000	461,000,000	3,979,000,000		-536,000,000	234,000,000	-405,000,000		-21,000,000	44,000,000	4,000,000
proceeds from issuance of term borrowings	0	497,000,000		7,000,000	7,000,000	11,000,000													-446,534,000
repayment of term borrowing								0
increases (decreases) in term borrowings	0	-1,000,000		26,000,000	2,000,000	4,000,000				8,000,000		-4,000,000	8,000,000	1,000,000
net cash from financing activities	565,000,000	-936,000,000		-291,000,000	448,000,000	-127,000,000		-2,952,000,000	3,902,000,000	1,844,000,000		-5,165,000,000	-3,410,000,000	-771,000,000		607,000,000	159,000,000	3,049,000,000	-3,927,755,000
net decrease in cash and cash equivalents																																			-115,628,000	-451,000	-2,705,000	-370,741,000
cash and cash equivalents at beginning of period	0	1,537,000,000		0	0	1,731,000,000		0	0	1,543,000,000		0	0	1,788,000,000		0	0	1,648,000,000		0	0	1,266,893,000	0	0	1,405,325,000	0	0	1,452,046,000	1,031,063,000	0	0	768,774,000	0	0	918,595,000	0	0	1,324,780,000	0
cash and cash equivalents at end of period	-128,000,000	1,643,000,000		580,000,000	-110,000,000	1,566,000,000		19,000,000	123,000,000	1,296,000,000		38,000,000	-20,000,000	1,865,000,000		-367,000,000	236,000,000	1,689,000,000		648,566,000	-110,502,000	1,130,049,000	245,975,000	36,835,000	1,212,870,000	-33,810,000	43,989,000	1,433,031,000	1,082,169,000	147,879,000	46,851,000	864,565,000	-33,617,000	164,800,000	802,967,000	-451,000	-2,705,000	954,039,000	-268,128,000
supplemental disclosures
total interest paid	403,000,000	372,000,000		428,000,000	544,000,000	420,000,000		431,000,000	330,000,000	200,000,000			52,000,000	19,000,000		30,000,000	59,000,000	39,000,000	-148,454,000	56,086,000	41,502,000	83,866,000	102,555,000	111,851,000	88,774,000	74,369,000	82,373,000	51,418,000	11,223,000	20,461,000	48,486,000	24,658,000	35,815,000	44,747,000	35,658,000	50,149,000	66,855,000	84,023,000	158,760,000
total taxes paid	21,000,000	4,000,000		5,000,000	85,000,000	3,000,000		85,000,000	34,000,000	3,000,000			8,000,000	2,000,000		81,000,000	171,000,000	2,000,000		83,137,000	1,246,000	5,240,000	17,969,000	13,834,000	1,008,000	282,000	8,431,000	4,066,000	617,000
total taxes refunded				2,000,000				13,000,000	0	2,000,000			1,000,000	1,000,000		24,000,000	0	4,000,000		2,000	539,000	2,000	0	220,000	27,522,000	746,000	740,000	90,000	2,281,000
transfer from loans to oreo				1,000,000	1,000,000	1,000,000		0	1,000,000	2,000,000						1,000,000				99,000	772,000	1,116,000	2,966,000	1,736,000	1,607,000	7,378,000	934,000	3,076,000
transfer from loans hfs to trading securities	253,000,000	227,000,000		194,000,000	210,000,000	342,000,000		375,000,000	422,000,000	122,000,000			397,000,000	736,000,000		619,000,000	373,000,000	498,000,000		479,562,000	206,240,000	397,616,000	222,015,000	376,451,000	425,808,000	307,620,000	266,685,000	333,483,000
transfer from loans to loans hfs																0	-28,000,000	-3,000,000
net increase in cash and cash equivalents		106,000,000		580,000,000	-110,000,000	-165,000,000		19,000,000	123,000,000	-247,000,000		38,000,000	-20,000,000	77,000,000		-367,000,000	236,000,000	41,000,000	56,780,000											147,879,000
securities (gains) losses			91,000,000	-1,000,000			5,000,000	0			0	-12,000,000	0	-6,000,000	-1,000,000	-1,000,000
net (gains) losses on sale/disposal of fixed assets											0	0			-3,000,000	-1,000,000	-1,000,000	34,000,000
gain on divestiture
gain on boli
(gain) loss due to fair value adjustments and other			-18,000,000	-42,000,000	-9,000,000	-6,000,000	-44,000,000	16,000,000	14,000,000	2,000,000	29,000,000	36,000,000	29,000,000	13,000,000	-63,000,000	-73,000,000	-34,000,000	-35,000,000
proceeds from sales of securities available for sale															0	35,000,000	7,000,000	26,000,000
purchases of securities held to maturity											0				-416,000,000
proceeds from sales of premises and equipment			0				0				1,000,000	2,000,000	11,000,000	4,000,000	20,000,000	18,000,000	3,000,000	1,000,000
proceeds from boli											13,000,000	3,000,000	0	6,000,000	10,000,000	6,000,000	5,000,000	1,000,000		402,000	6,216,000	1,610,000	1,140,000	5,737,000	3,208,000	3,929,000	7,136,000	494,000
cash received for divestitures
preferred stock issuance											0	0	0	494,000,000	0	0				0
call of preferred stock
net increase in deposits			-995,000,000	1,780,000,000	-947,000,000	-39,000,000	-1,237,000,000	1,582,000,000	3,993,000,000	-2,049,000,000		-4,535,000,000	-3,564,000,000	-781,000,000		983,000,000	114,000,000	3,190,000,000
117
net increase in trading securities				-108,000,000	121,000,000	591,000,000		203,000,000	485,000,000	375,000,000		385,000,000	829,000,000	514,000,000
preferred stock conversion to common stock								0
net cash provided (used in) by investing activities						-876,000,000
benefit for credit losses
loss on debt extinguishment															3,000,000
(gain) loss on boli											-5,000,000	-1,000,000			-3,000,000	-3,000,000
113
increases (decreases) in restricted and secured term borrowings								1,000,000
purchase accounting gain															0
gain on sale of mortgage servicing rights											0
gain on sale of title services business											-1,000,000
cash received for acquisitions
cancellation of common shares																				-5,862,000	0	-1,892,000
proceeds from sales and pay downs of loans classified as held to maturity
cash (paid) received for acquisitions
120
provision (provision credit) for credit losses																		-45,000,000
operating activities:
less undistributed net income of subsidiaries
income before undistributed net income of subsidiaries
adjustments to reconcile income to net cash from operating activities:
depreciation, amortization, and other
(gain) loss on derivative transactions
investing activities:
proceeds from sales and prepayments of securities
purchases of securities
(investment in) return on subsidiary
cash received (paid for) business combination
financing activities:
proceeds from issuance of preferred stock
repayment of term borrowings
other financing activities
cash and cash equivalents at beginning of year
cash and cash equivalents at end of year
income taxes received from subsidiaries
benefit for deferred income taxes
proceeds from sale and pay down of loans classified as held to maturity
net increase in interest-bearing deposit with banks
payments/maturities on term borrowings
net income/																					56,665,000	16,472,000	113,943,000	113,742,000	103,405,000	274,716,000	85,992,000	94,994,000	52,213,000			43,003,000	33,711,000					-65,095,000
adjustments to reconcile net income/(loss) to net cash provided/(used) by operating activities:
provision/(provision credit) for loan losses																					110,000,000	145,000,000	15,000,000	13,000,000	9,000,000	2,000,000	0	-1,000,000
provision/(benefit) for deferred income taxes																					-19,928,000	-18,600,000	8,159,000	53,705,000	7,238,000	68,284,000	17,721,000	20,309,000	4,293,000
net (increase)/decrease in derivatives																					-44,747,000	-323,845,000	-64,437,000	-67,594,000	-51,821,000	99,870,000	814,000	-14,549,000	-321,000
fair value adjustment on interest-only strips																					1,233,000	1,295,000	1,421,000	141,000	1,258,000	456,000	296,000	-1,592,000
(gains)/losses and write-downs on oreo																					185,000	-68,000	240,000	-14,000	-290,000	647,000	-49,000	216,000
litigation and regulatory matters																							14,515,000			-2,135,000	17,000	671,000	-375,000
gain on sale and pay down of held-to-maturity loans																							0
equity securities (gains)/losses																					1,493,000	-25,000	-97,000	-316,000	-31,000	-212,859,000	-31,000	-34,000	80,000	-35,162,000	0	-27,000				-65,000	330,000	2,000
debt securities (gains)/losses																							0			0	0	-52,000	-1,654,000
net (gains)/losses on sale/disposal of fixed assets																					1,358,000	458,000	1,271,000	19,224,000	-42,000	-855,000	1,588,000	-3,202,000	3,684,000
(gain)/loss on boli																					-4,246,000	366,000	-646,000	-1,546,000	-1,032,000
loans held-for-sale:
(gain)/loss due to fair value adjustments and other																					7,748,000	-1,129,000	-42,606,000	16,847,000	19,291,000	21,874,000	-11,770,000	3,651,000	-91,000
net (increase)/decrease in:
trading securities																					967,238,000	-133,755,000	495,838,000	389,086,000	192,101,000	25,935,000	376,319,000	-9,843,000	-346,558,000	-32,960,000	-273,360,000	-157,332,000	589,604,000	-844,676,000	-271,971,000	302,144,000	-148,328,000	30,665,000	-94,613,000
fixed income receivables																					35,114,000	-140,455,000	-62,158,000	-100,792,000	-7,921,000	-109,654,000	25,888,000	-25,343,000	-51,194,000
interest receivable																					-5,828,000	-1,089,000	9,231,000	-150,000	-5,970,000	-4,331,000	-6,731,000	-2,990,000	-8,352,000	-10,022,000	11,281,000	-7,976,000	1,542,000	7,200,000	-4,617,000	-4,040,000	13,501,000	-1,239,000	-4,147,000
other assets																					346,017,000	-477,645,000	-47,650,000	-49,590,000	56,984,000	-38,075,000	-13,092,000	44,468,000	19,223,000	34,333,000	-41,977,000	10,097,000	92,237,000	204,967,000	-144,624,000	68,414,000	77,687,000	-216,541,000	171,223,000
net increase/(decrease) in:
trading liabilities																					-219,869,000	-52,970,000	161,430,000	128,678,000	94,289,000	-4,027,000	-83,641,000	188,847,000	172,634,000	-27,795,000	114,665,000	22,330,000	-66,811,000	123,558,000	64,532,000	129,011,000	-1,747,000	-71,473,000	-83,329,000
fixed income payables																					-66,539,000	41,739,000	473,000	-33,921,000	90,718,000	22,200,000	8,572,000	-42,829,000	33,327,000
interest payable																					-968,000	-8,882,000	3,500,000	-4,135,000	16,570,000	12,837,000	-6,257,000	10,030,000	10,206,000	11,405,000	-14,746,000	10,034,000	1,034,000	-6,621,000	3,270,000	-4,917,000	-10,634,000	-10,704,000	984,000
other liabilities																					76,041,000	-66,858,000	1,541,000	2,353,000	-47,631,000	13,511,000	22,121,000	-66,349,000	-29,942,000	-18,127,000	-14,915,000	-120,245,000	-57,493,000	-4,945,000	-75,599,000	-213,803,000	66,204,000	61,466,000	-9,794,000
net cash provided/(used) by operating activities																					897,050,000	-1,400,005,000	369,286,000	224,797,000	122,489,000	-174,728,000	248,261,000	-204,378,000	-111,018,000
available-for-sale securities:
sales																					0	8,703,000	11,401,000	158,411,000	13,012,000	2,033,000	0	13,104,000	961,000	35,177,000	100,000	458,314,000	36,000	51,408,000	4,832,000	23,150,000	11,040,000	8,566,000
maturities																					347,270,000	224,406,000	227,488,000	181,813,000	157,502,000	189,601,000	167,831,000	152,800,000	135,503,000	147,501,000	171,134,000	239,827,000	207,602,000	278,403,000	275,917,000	175,682,000	226,856,000	149,505,000	82,185,000
purchases																					-1,284,362,000	-213,950,000	-212,648,000	-61,022,000	-83,512,000	-107,223,000	-95,041,000	-159,951,000	-148,000	-212,104,000	-286,844,000	-762,182,000	-344,045,000	-113,759,000	-287,988,000	-8,985,000	-39,032,000	-21,833,000	-35,275,000
premises and equipment:
proceeds from sales of oreo																					1,290,000	3,185,000	1,831,000	5,860,000	3,791,000	7,815,000	6,986,000	10,527,000
proceeds from sale and pay down of loans classified as held-to-maturity																							0
loans																					663,576,000	-2,312,423,000	-1,596,110,000	-1,735,541,000	-448,321,000	302,387,000	-436,639,000	418,174,000	112,474,000	-290,504,000	-144,537,000	741,245,000	-42,038,000	189,159,000	664,086,000	830,095,000	760,843,000	476,224,000
interests retained from securitizations classified as trading securities																					66,000	64,000	76,000	150,000	148,000	164,000	326,000	241,000	1,487,000	2,143,000
interest-bearing cash																					-2,465,319,000	-188,120,000	228,768,000	420,074,000	264,357,000	218,953,000	-441,283,000	876,249,000	-349,084,000	-95,096,000	45,195,000	209,103,000	8,679,000	108,423,000	155,729,000	506,201,000	501,889,000	-966,650,000
net cash provided/(used) by investing activities																					-2,744,314,000	-2,481,943,000	-1,346,683,000	-1,005,833,000	-92,730,000	916,713,000	-839,784,000	1,268,638,000	-268,259,000						811,654,000	1,635,408,000	1,418,683,000	-378,833,000
cash dividends paid - series a preferred stock																					-1,550,000	-1,550,000	-1,550,000	-1,550,000	-1,550,000	-1,550,000	-1,550,000	-1,550,000
term borrowings:
issuance																																							0
payments/maturities																							-1,401,000	-1,000	-1,179,000	-12,344,000	-2,596,000	-2,625,000	-6,155,000	-37,694,000	-35,085,000	-588,268,000	-134,007,000	-31,811,000	-72,524,000	-12,677,000	-806,688,000	-664,929,000
increases/(decreases) in restricted and secured term borrowings
deposits																					3,339,701,000	1,990,115,000	-363,658,000	-154,571,000	-220,104,000	30,218,000	158,916,000	228,478,000	360,685,000	-197,772,000	545,060,000	142,736,000	-225,896,000	132,116,000	202,485,000	-742,470,000	67,414,000	668,249,000	-1,045,890,000
short-term borrowings																					-2,933,584,000	1,806,967,000	1,652,540,000	1,069,682,000	92,057,000	-715,763,000	504,650,000	-1,285,626,000	170,193,000	530,050,000	-169,475,000	67,733,000	-133,436,000	-36,592,000	-833,180,000	-953,844,000	-1,130,666,000	60,587,000	-579,070,000
net cash provided/(used) by financing activities																					1,736,762,000	3,745,104,000	1,223,372,000	817,871,000	-222,214,000	-775,795,000	635,512,000	-1,083,275,000	430,383,000						-804,723,000			43,927,000
net increase/(decrease) in cash and cash equivalents																					-110,502,000	-136,844,000	245,975,000	36,835,000	-192,455,000	-33,810,000	43,989,000	-19,015,000	51,106,000			95,791,000	-33,617,000
increases in restricted and secured term borrowings																						-3,656,000	7,091,000	1,361,000	3,120,000	-15,319,000	20,806,000	159,000
(gain)/loss on extinguishment of debt
pension plan contribution
proceeds from sale of equity investment
proceeds from the sale of visa class b shares
cash paid related to divestitures																										0	0	-27,599,000
cash paid/(received) for acquisitions
repurchase and foreclosure provision/
gain on sale of held-to-maturity loans
held-to-maturity securities:
prepayments and maturities
proceeds from sales of loans classified as held-to-maturity
cash																										0
equity acquisition adjustment																												-18,000
qualified pension plan contribution
cash (paid)/received for acquisition
benefit from loan losses																													3,000,000	32,000,000	1,000,000	1,000,000	50,000,000	70,000,000	105,000,000	185,000,000	260,000,000	300,000,000	340,000,000
fair value adjustment to foreclosed real estate																													536,000	4,350,000	4,612,000	5,039,000	4,529,000
(tax benefit)/benefit reversal—stock based compensation expense																													17,000
tax benefit/(benefit reversal)—stock based compensation expense																													-17,000
cash dividends paid—preferred stock—noncontrolling interest																													-2,820,000
cash dividends paid—series a preferred stock																													-1,550,000
transfer from loans to other real estate owned																													732,000	16,945,000	17,013,000	16,105,000
adjustments to reconcile net income to net cash used by operating activities:
benefit from deferred income tax																														-5,337,000
decrease in derivatives																																			18,456,000
market value adjustment on mortgage servicing rights																														30,798,000	15,006,000	-7,647,000	430,000	31,417,000	26,038,000	36,668,000	-52,596,000	-26,734,000
repurchase and foreclosure provision																														52,790,000	24,564,000	37,203,000
goodwill impairment																														0	0	10,100,000	0	0	3,348,000
loss accruals from litigation and regulatory matters																														0
gains on divestitures																														-9,424,000
excess tax provision from stock-based compensation arrangements																																	0	20,000	-3,000
debt securities gains																														0	-1,000	-771,000							0
gains on extinguishment of debt																														0	0	-5,761,000
net incomees on disposal of fixed assets																														-142,000	-76,000	228,000	1,336,000	314,000	793,000	768,000	3,579,000	1,560,000	19,072,000
loans held for sale																														11,784,000	-27,444,000	4,802,000	90,978,000	557,000	-53,293,000	-21,403,000	162,234,000	-76,864,000	1,836,001,000
capital markets receivables																														104,045,000	-29,649,000	-449,503,000	263,987,000	-85,352,000	-409,110,000	161,565,000	542,519,000	-323,101,000
mortgage servicing rights - bulk sales
capital markets payables																														44,171,000	51,659,000	347,828,000	-374,553,000	13,227,000	447,877,000	-422,613,000	-418,005,000	268,019,000
available for sale securities:
net decrease in:
cash receipts related to divestitures																														8,226,000
exercise of stock options																																	0	84,000	9,000	0
repurchase of common stock warrant - cpp
cash dividends paid - preferred stock - cpp																																			-10,832,000
net cash paid for extinguishment of debt																														0	0	-100,000,000
increases in restricted term borrowings
total income taxes paid																														2,008,000	3,627,000	9,900,000	22,000	153,000	563,000	152,000	488,000	106,246,000	572,000
increase in derivatives
mortgage servicing rights — bulk sales
net cash used by operating activities																															-72,646,000	-224,800,000			-122,559,000			-35,835,000
repurchase of common stock warrant — cpp																															0	-79,700,000
cash dividends paid — preferred stock — cpp																																	-10,831,000				-10,832,000	-10,952,000
cash dividends paid — preferred stock — noncontrolling interest																															-2,743,000	-2,813,000	-2,812,000				-2,750,000	-4,209,000
net cash used by financing activities																															334,629,000	-560,783,000	-507,841,000			-1,869,890,000
adjustments to reconcile net income/(loss) to net cash used by operating activities:
decrease/(increase) in derivatives																																7,187,000				-48,306,000	66,732,000	132,651,000
excess tax benefit from stock-based compensation arrangements																																							0
net decrease/(increase) in:
securitization retained interests classified as trading securities																																2,229,000	2,590,000	2,687,000	2,296,000	113,917,000	-35,568,000	-18,215,000
provision/(benefit) for deferred income tax
equity securities losses																																	2,928,000	-75,000	1,906,000
gains on repurchases of debt																																	0	0	-17,060,000	-12,800,000	0	-60,000	-18,919,000
mortgage servicing rights due to sale																																	-49,116,000
long-term debt:
net cash paid for repurchase of debt																																	0	0	-87,840,000
(benefit)/benefit from deferred income tax																																		9,491,000	124,672,000				-184,797,000
(increase)/decrease in derivatives
mortgage banking repurchase and foreclosure provision
transfer from loans to real estate acquired by foreclosure
benefit from foreclosure and repurchase losses																																			40,675,000
fair value adjustment for real estate losses																																			6,011,000
adjustments to reconcile net income to net cash provided/(used) by operating activities:
benefit for deferred income tax																																				25,124,000	-40,449,000	-79,844,000
benefit from foreclosure losses
loss on divestitures
held to maturity securities:
cash payments related to divestitures																																							92,782,000
issuance of common shares
cash paid for repurchase of debt																																				-147,200,000	0	-4,710,000	-72,806,000
benefit from foreclosure reserve																																					23,742,000	17,623,000	2,046,000
cash and cash equivalents from discontinued operations at end of period, included above
adjustments to reconcile net (loss)/income to net cash provided/(used) by operating activities:
excess tax benefit (shortfall) from stock-based compensation arrangements
operating																																							-118,290,000
activities																																							-89,599,000
equity securities gains																																							210,000
investing
purchases/																																							-48,788,000
financing
issuance of shares																																							-102,000
payments																																							-1,173,499,000
issuance of preferred stock of subsidiary
repurchase of preferred stock of subsidiary
net cash (used)/provided by financing activities																																							-2,910,263,000
see accompanying notes to consolidated condensed financial statements.
certain previously reported amounts have been reclassified to agree with current presentation.
loss on divestiture
net increase in loans
net increase in interest-bearing deposits with other financial institutions
net cash (used)/provided by investing activities

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