Webster Financial Corporation(NYSE:WBS) 
Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides a range of banking, investment, and financial services to individuals, families, and businesses in the United States. It operates through three segments: Commercial Banking, HSA Ba...
Website: http://public.websteronline.com
Founded: 1935
Full Time Employees: 3,298
Sector: Financial Services
Industry: Banks-Regional
• Market Cap:
• Exchange:
• Shs Outstanding:
• Employees:
• Beta:
• Return on Equity (ROE) ttm:
• Return on Assets (ROA) ttm:
• EPS ttm:
• Book value per Share:
• Cash per Share:
• Current ast per Share:
• P/E ttm:
• P/E forward:
• P/E ttm high:
• P/E ttm low:
• P/S ttm:
• P/B ttm:
• P/FCF ttm:
• PEG ratio:
• Cash Ratio ttm:
• Quick Ratio ttm:
• Current Ratio ttm:
• Gross Mgn ttm:
• EBITDA Mgn ttm:
• Operating Mgn ttm:
• Net Income Mgn ttm:
• Trailing Div yield:
• Forward Div yield:
• Payout Ratio ttm:
• Ex-Dividend date:
• Target Price High:
• Target Price Low:
• Target Price Mean:
• Number of Analysts:
• Debt Ratio ttm:
• Debt to Equity ttm:
• Total Net Debt:
At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 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 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2013-12-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-03-31 | 2010-12-31 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
interest income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest and fees on loans and leases | 794,668,000 | 775,203,000 | 755,117,000 | 783,140,000 | 809,184,000 | 798,097,000 | 792,045,000 | 789,423,000 | 793,626,000 | 771,973,000 | 716,356,000 | 642,784,000 | 525,960,000 | 431,538,000 | 346,276,000 | 189,985,000 | 196,273,000 | 185,919,000 | 190,536,000 | 189,010,000 | 188,001,000 | 196,521,000 | 216,187,000 | 223,527,000 | 236,453,000 | 235,949,000 | 228,764,000 | 225,961,000 | 215,448,000 | 207,820,000 | 193,220,000 | 185,172,000 | 181,130,000 | 174,456,000 | 167,808,000 | 161,978,000 | 157,071,000 | 152,171,000 | 149,808,000 | 145,504,000 | 140,520,000 | 135,694,000 | 130,723,000 | 132,604,000 | 129,227,000 | 122,179,000 | 121,367,000 | 121,379,000 | 120,741,000 | 124,035,000 | 120,018,000 | 121,231,000 | 122,447,000 | 123,350,000 | ||||||||||||||
taxable interest on investment securities | 194,278,000 | 190,600,000 | 187,115,000 | 181,935,000 | 168,583,000 | 150,588,000 | 135,071,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-taxable interest on investment securities | 7,043,000 | 7,166,000 | 7,354,000 | 7,866,000 | 8,139,000 | 10,239,000 | 12,514,000 | 13,477,000 | 13,511,000 | 13,535,000 | 13,684,000 | 9,116,250 | 13,999,000 | 12,664,000 | 9,802,000 | 3,942,500 | 5,154,000 | 5,283,000 | 5,333,000 | 4,111,750 | 5,460,000 | 5,501,000 | 5,486,000 | 4,100,500 | 5,471,000 | 5,529,000 | 5,402,000 | 3,857,000 | 5,061,000 | 5,096,000 | 5,271,000 | 4,275,750 | 5,765,000 | 5,722,000 | ||||||||||||||||||||||||||||||||||
loans held for sale | 3,988,000 | 7,000 | 15,000 | 2,836,000 | 5,400,000 | 5,593,000 | 82,000 | 280,000 | 17,000 | 421,000 | 16,000 | 5,000 | 40,000 | 7,000 | 26,000 | 45,000 | 57,000 | 53,000 | 91,000 | 181,000 | 229,000 | 184,000 | 175,000 | 268,000 | 166,000 | 145,000 | 148,000 | 130,000 | 208,000 | 148,000 | 142,000 | 208,000 | 307,000 | 203,000 | 316,000 | 443,000 | 440,000 | 293,000 | 273,000 | 291,000 | 357,000 | 432,000 | 510,000 | 226,000 | 239,000 | 615,000 | 655,000 | 657,000 | 498,000 | 370,000 | 266,000 | 422,000 | 144,000 | 314,000 | 364,000 | 716,000 | 833,000 | 164,000 | 51,000 | 54,000 | 92,000 | 1,400,000 | 3,276,000 | 4,616,000 | 7,419,000 | 6,249,000 | ||
other interest and dividends | 28,325,000 | 27,611,000 | 23,886,000 | 19,310,000 | 12,757,000 | 11,769,000 | 12,138,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total interest income | 1,028,302,000 | 1,000,587,000 | 973,487,000 | 995,087,000 | 1,004,063,000 | 976,286,000 | 951,850,000 | 933,147,000 | 930,789,000 | 933,396,000 | 830,928,000 | 743,593,000 | 617,569,000 | 513,747,000 | 409,828,000 | 236,020,000 | 239,692,000 | 231,558,000 | 235,574,000 | 236,065,000 | 239,239,000 | 252,275,000 | 274,470,000 | 282,000,000 | 294,136,000 | 292,257,000 | 286,190,000 | 280,392,000 | 268,363,000 | 260,491,000 | 245,921,000 | 236,115,000 | 231,021,000 | 226,789,000 | 219,680,000 | 211,432,000 | 205,715,000 | 202,431,000 | 202,335,000 | 198,160,000 | 191,998,000 | 186,970,000 | 182,912,000 | 183,751,000 | 179,914,000 | 172,546,000 | 172,216,000 | 174,633,000 | 174,107,000 | 175,665,000 | 173,258,000 | 175,497,000 | 178,034,000 | 177,820,000 | 181,462,000 | 184,957,000 | 187,165,000 | 191,758,000 | 208,649,000 | 214,627,000 | 213,993,000 | 232,004,000 | 244,957,000 | 251,626,000 | 250,319,000 | 248,693,000 | ||
interest expense: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits | 355,504,000 | 339,738,000 | 326,383,000 | 358,895,000 | 371,075,000 | 361,263,000 | 335,971,000 | 325,793,000 | 293,955,000 | 251,466,000 | 150,204,000 | 81,202,000 | 37,492,000 | 12,459,000 | 7,399,000 | 4,027,000 | 4,571,000 | 5,094,000 | 6,439,000 | 8,651,000 | 12,598,000 | 18,805,000 | 27,843,000 | 31,586,000 | 34,214,000 | 32,757,000 | 31,020,000 | 27,629,000 | 24,397,000 | 20,225,000 | 18,156,000 | 17,379,000 | 16,760,000 | 14,679,000 | 13,435,000 | 12,591,000 | 12,594,000 | 12,374,000 | 12,299,000 | 11,476,000 | 11,480,000 | 11,533,000 | 11,542,000 | 11,322,000 | 11,345,000 | 13,885,000 | 14,543,000 | 15,102,000 | 16,056,000 | 17,268,000 | 18,930,000 | 22,769,000 | 30,482,000 | 31,951,000 | 35,937,000 | 41,977,000 | 49,982,000 | 52,908,000 | 57,154,000 | 57,731,000 | 60,055,000 | 75,242,000 | 89,510,000 | 94,484,000 | 89,683,000 | 87,630,000 | ||
securities sold under agreements to repurchase and federal funds purchased | 631,000 | 218,000 | 1,676,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
federal home loan bank advances | 29,620,000 | 29,825,000 | 23,589,000 | 19,063,000 | 35,172,000 | 33,727,000 | 37,367,000 | 25,659,000 | 40,196,000 | 88,556,000 | 68,126,000 | 41,523,000 | 13,814,000 | 3,164,000 | 56,000 | 169,000 | 492,000 | 534,000 | 513,000 | 5,622,000 | 2,528,000 | 3,748,000 | 6,869,000 | 8,932,000 | 6,910,000 | 7,772,000 | 7,785,000 | 10,024,000 | 7,685,000 | 8,471,000 | 7,281,000 | 7,777,000 | 6,894,000 | 8,156,000 | 7,493,000 | 7,516,000 | 6,979,000 | 7,291,000 | 7,247,000 | 6,759,000 | 5,949,000 | 5,329,000 | 4,821,000 | 4,857,000 | 4,203,000 | 4,010,000 | 3,943,000 | 4,426,000 | 4,564,000 | 4,151,000 | 3,551,000 | 3,355,000 | ||||||||||||||||
long-term debt | 10,880,000 | 9,624,000 | 9,647,000 | 7,808,000 | 7,895,000 | 7,885,000 | 8,665,000 | 9,512,000 | 9,452,000 | 9,482,000 | 9,488,000 | 9,310,000 | 9,018,000 | 8,787,000 | 7,168,000 | 4,218,000 | 4,217,000 | 4,218,000 | 4,223,000 | 4,240,000 | 4,249,000 | 4,335,000 | 5,227,000 | 5,506,000 | 5,902,000 | 6,037,000 | 3,082,000 | 2,839,000 | 2,825,000 | 2,787,000 | 2,676,000 | 2,632,000 | 2,616,000 | 2,584,000 | 2,548,000 | 2,537,000 | 2,498,000 | 2,482,000 | 2,464,000 | 2,435,000 | 2,421,000 | 2,411,000 | 2,398,000 | 2,410,000 | 2,409,000 | 2,733,000 | 3,246,000 | 5,367,000 | 5,685,000 | 5,976,000 | 6,012,000 | 6,362,000 | 9,012,000 | 12,195,000 | ||||||||||||||
total interest expense | 396,635,000 | 379,405,000 | 361,295,000 | 386,619,000 | 414,180,000 | 403,989,000 | 384,111,000 | 362,126,000 | 343,653,000 | 349,567,000 | 235,645,000 | 141,218,000 | 66,566,000 | 27,087,000 | 15,580,000 | 9,238,000 | 10,001,000 | 10,706,000 | 11,810,000 | 19,136,000 | 19,983,000 | 27,868,000 | 43,669,000 | 50,750,000 | 53,597,000 | 50,470,000 | 44,639,000 | 43,261,000 | 37,991,000 | 35,481,000 | 31,753,000 | 31,183,000 | 30,117,000 | 29,002,000 | 27,016,000 | 26,173,000 | 25,518,000 | 25,526,000 | 26,183,000 | 24,820,000 | 23,988,000 | 23,459,000 | 23,148,000 | 23,103,000 | 22,544,000 | 26,274,000 | 27,326,000 | 30,255,000 | 30,739,000 | 31,844,000 | 32,877,000 | 36,048,000 | 45,692,000 | 46,436,000 | 50,981,000 | 58,285,000 | 67,877,000 | 73,561,000 | 82,581,000 | 85,446,000 | 88,307,000 | 107,148,000 | 122,258,000 | 124,567,000 | 119,966,000 | 120,612,000 | ||
net interest income | 631,667,000 | 621,182,000 | 612,192,000 | 608,468,000 | 589,883,000 | 572,297,000 | 567,739,000 | 571,021,000 | 587,136,000 | 583,829,000 | 595,283,000 | 602,375,000 | 551,003,000 | 486,660,000 | 394,248,000 | 226,782,000 | 229,691,000 | 220,852,000 | 223,764,000 | 216,929,000 | 219,256,000 | 224,407,000 | 230,801,000 | 231,250,000 | 240,539,000 | 241,787,000 | 241,551,000 | 237,131,000 | 230,372,000 | 225,010,000 | 214,168,000 | 204,932,000 | 200,904,000 | 197,787,000 | 192,664,000 | 185,259,000 | 180,197,000 | 176,905,000 | 176,152,000 | 173,340,000 | 168,010,000 | 163,511,000 | 159,764,000 | 160,648,000 | 157,370,000 | 146,272,000 | 144,890,000 | 144,378,000 | 143,368,000 | 143,821,000 | 140,381,000 | 139,449,000 | 132,342,000 | 131,384,000 | 130,481,000 | 126,672,000 | 119,288,000 | 118,197,000 | 126,068,000 | 129,181,000 | 125,686,000 | 124,856,000 | 122,699,000 | 127,059,000 | 130,353,000 | 128,081,000 | ||
provision for credit losses | 44,000,000 | 46,500,000 | 77,500,000 | 63,500,000 | 54,000,000 | 59,000,000 | 45,500,000 | 28,686,750 | 36,500,000 | 31,498,000 | 46,749,000 | 59,404,750 | 36,531,000 | 12,243,000 | 76,000,000 | 100,000,000 | 45,500,000 | 25,000,000 | 15,800,000 | 45,250,000 | 15,250,000 | 4,250,000 | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
net interest income after provision for credit losses | 587,667,000 | 574,682,000 | 534,692,000 | 544,968,000 | 535,883,000 | 513,297,000 | 522,239,000 | 412,875,250 | 550,636,000 | 552,331,000 | 548,534,000 | 298,573,000 | 514,472,000 | 474,417,000 | 154,801,000 | 26,068,000 | 83,681,000 | 100,686,000 | 109,056,000 | 77,449,000 | 111,809,000 | 126,103,000 | 125,081,000 | |||||||||||||||||||||||||||||||||||||||||||||
non-interest income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposit service fees | 39,576,000 | 40,934,000 | 38,895,000 | 38,665,000 | 38,863,000 | 41,027,000 | 42,589,000 | 37,459,000 | 41,005,000 | 45,418,000 | 45,436,000 | 48,453,000 | 50,807,000 | 51,385,000 | 47,827,000 | 40,544,000 | 40,258,000 | 41,439,000 | 40,469,000 | 38,345,000 | 39,278,000 | 35,839,000 | 42,570,000 | 40,470,000 | 41,410,000 | 43,118,000 | 43,024,000 | 40,272,000 | 40,601,000 | 40,859,000 | 40,451,000 | 37,618,000 | 38,321,000 | 38,192,000 | 37,006,000 | 35,132,000 | 35,734,000 | 34,894,000 | 36,382,000 | 34,231,000 | 35,229,000 | 34,493,000 | 32,625,000 | 25,928,000 | 26,489,000 | 24,823,000 | 24,728,000 | 23,719,000 | 23,363,000 | 24,286,000 | 27,074,000 | 25,340,000 | 29,345,000 | 27,784,000 | 30,634,000 | 30,844,000 | 29,984,000 | 27,959,000 | 30,018,000 | 31,738,000 | 29,943,000 | 28,433,000 | 30,577,000 | 29,954,000 | 28,758,000 | 25,354,000 | ||
loan and lease related fees | 16,404,000 | 17,657,000 | 17,621,000 | 18,770,000 | 18,513,000 | 19,334,000 | 19,767,000 | 21,362,000 | 19,966,000 | 20,528,000 | 23,005,000 | 25,632,000 | 26,769,000 | 27,907,000 | 22,679,000 | 9,602,000 | 10,881,000 | 7,862,000 | 8,313,000 | 9,095,000 | 6,568,000 | 6,968,000 | 6,496,000 | 8,704,000 | 8,246,000 | 6,558,000 | 7,819,000 | 7,914,000 | 10,782,000 | 6,333,000 | 6,996,000 | 6,550,000 | 6,346,000 | 6,344,000 | 7,208,000 | 7,065,000 | 10,299,000 | 7,074,000 | 5,675,000 | |||||||||||||||||||||||||||||
wealth and investment services | 7,640,000 | 7,779,000 | 7,789,000 | 8,387,000 | 8,367,000 | 8,556,000 | 7,924,000 | 7,767,000 | 7,254,000 | 7,391,000 | 6,587,000 | 7,017,000 | 11,419,000 | 11,244,000 | 10,597,000 | 10,111,000 | 9,985,000 | 10,087,000 | 9,403,000 | 8,820,000 | 8,255,000 | 7,102,000 | 8,739,000 | 8,476,000 | 8,496,000 | 8,309,000 | 7,651,000 | 8,105,000 | 8,412,000 | 8,456,000 | 7,870,000 | 8,155,000 | 7,750,000 | 7,877,000 | 7,273,000 | 6,970,000 | 7,593,000 | 7,204,000 | 7,195,000 | 8,052,000 | 7,761,000 | 8,784,000 | 7,889,000 | 8,517,000 | 8,762,000 | 7,859,000 | 7,186,000 | 7,249,000 | 7,221,000 | 5,759,000 | 6,486,000 | 6,722,000 | 6,218,000 | 5,835,000 | 6,009,000 | 6,160,000 | 6,081,000 | 5,750,000 | 6,480,000 | 7,070,000 | 7,634,000 | 6,956,000 | 7,507,000 | 7,142,000 | 7,637,000 | 6,878,000 | ||
cash surrender value of life insurance policies | 7,535,000 | 9,172,000 | 7,992,000 | 7,387,000 | 8,020,000 | 6,359,000 | 5,946,000 | 6,587,000 | 6,620,000 | 6,293,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of investment securities | 220,000 | 8,000 | 94,000 | 320,000 | 80,000 | 486,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | 29,751,000 | 19,115,000 | 20,089,000 | 36,184,000 | 3,575,000 | 16,937,000 | 32,953,000 | 6,455,000 | 15,495,000 | 9,663,000 | 5,698,000 | 18,962,000 | 19,071,000 | 22,051,000 | 15,772,000 | 25,521,000 | 17,460,000 | 8,392,000 | 12,397,000 | 12,731,000 | 10,177,000 | 2,338,000 | 9,092,000 | 7,284,000 | 5,938,000 | 13,286,000 | 5,770,000 | 12,439,000 | 7,478,000 | 7,848,000 | 8,714,000 | 8,133,000 | 7,288,000 | 5,265,000 | 5,714,000 | 15,498,000 | 5,767,000 | 9,200,000 | 8,319,000 | 6,474,000 | 5,513,000 | 4,645,000 | 6,941,000 | 6,492,000 | 5,071,000 | 2,677,000 | 2,521,000 | 4,098,000 | 1,633,000 | 3,602,000 | 1,857,000 | 3,248,000 | 7,933,000 | 4,314,000 | 2,649,000 | 3,517,000 | 1,325,000 | 276,000 | 1,315,000 | 2,731,000 | 854,000 | 2,700,000 | 2,926,000 | 1,569,000 | 1,367,000 | 1,824,000 | ||
total non-interest income | 100,906,000 | 94,657,000 | 92,606,000 | 52,507,000 | 57,741,000 | 42,298,000 | 99,353,000 | 63,815,000 | 90,382,000 | 89,374,000 | 70,766,000 | 102,179,000 | 113,636,000 | 120,933,000 | 104,035,000 | 90,138,000 | 83,775,000 | 72,702,000 | 76,757,000 | 76,763,000 | 75,060,000 | 60,076,000 | 73,378,000 | 70,919,000 | 69,931,000 | 75,853,000 | 68,612,000 | 73,163,000 | 72,284,000 | 68,374,000 | 68,747,000 | 66,039,000 | 65,846,000 | 64,551,000 | 63,042,000 | 70,617,000 | 66,412,000 | 65,075,000 | 64,024,000 | 60,349,000 | 61,455,000 | 59,851,000 | 57,890,000 | 53,775,000 | 50,909,000 | 52,940,000 | 48,479,000 | 47,353,000 | 43,986,000 | 39,516,000 | 46,206,000 | 44,302,000 | 65,520,000 | 47,016,000 | 53,457,000 | 44,158,000 | 35,378,000 | 54,115,000 | -85,899,000 | 15,749,000 | ||||||||
non-interest expense: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
compensation and benefits | 209,036,000 | 199,930,000 | 198,645,000 | 192,668,000 | 194,736,000 | 186,850,000 | 188,540,000 | 184,914,000 | 180,333,000 | 173,305,000 | 173,200,000 | 177,979,000 | 173,983,000 | 187,656,000 | 184,002,000 | 109,283,000 | 105,352,000 | 97,754,000 | 107,600,000 | 122,754,000 | 104,019,000 | 99,731,000 | 101,887,000 | 100,467,000 | 98,623,000 | 98,527,000 | 97,785,000 | 97,039,000 | 96,640,000 | 93,052,000 | 94,765,000 | 95,104,000 | 89,192,000 | 87,354,000 | 88,276,000 | 88,038,000 | 83,148,000 | 80,231,000 | 80,309,000 | 79,232,000 | 73,378,000 | 74,043,000 | 70,864,000 | 71,220,000 | 66,849,000 | 65,769,000 | 66,126,000 | 63,587,000 | 68,619,000 | 68,146,000 | 61,897,000 | 67,071,000 | 60,584,000 | 61,079,000 | 61,644,000 | 59,772,000 | 59,189,000 | 56,469,000 | 52,078,000 | 61,314,000 | 62,866,000 | 63,443,000 | 42,333,000 | 66,958,000 | 66,888,000 | 68,391,000 | ||
occupancy | 19,003,000 | 19,337,000 | 19,717,000 | 18,740,000 | 18,879,000 | 15,103,000 | 19,439,000 | 18,478,000 | 18,617,000 | 20,254,000 | 20,171,000 | 20,174,000 | 23,517,000 | 51,593,000 | 18,615,000 | 13,256,000 | 12,430,000 | 14,010,000 | 15,650,000 | 28,024,000 | 14,275,000 | 14,245,000 | 14,485,000 | 14,379,000 | 14,087,000 | 14,019,000 | 14,696,000 | 13,974,000 | 14,502,000 | 15,842,000 | 15,145,000 | 13,533,000 | 14,744,000 | 16,034,000 | 16,179,000 | 16,195,000 | 15,004,000 | 14,842,000 | 14,253,000 | 11,573,000 | 11,987,000 | 11,680,000 | 13,596,000 | 11,518,000 | 11,557,000 | 12,209,000 | 12,462,000 | 12,578,000 | 12,882,000 | 13,125,000 | 13,150,000 | 14,735,000 | 13,546,000 | 14,440,000 | 14,061,000 | 13,572,000 | 13,594,000 | 14,295,000 | 13,406,000 | 12,827,000 | 13,128,000 | 13,682,000 | 10,279,000 | 12,516,000 | 13,200,000 | 13,383,000 | ||
technology and equipment | 47,520,000 | 45,932,000 | 47,719,000 | 47,182,000 | 56,696,000 | 45,303,000 | 45,836,000 | 46,486,000 | 55,261,000 | 51,815,000 | 44,366,000 | 44,202,000 | 45,283,000 | 41,498,000 | 55,401,000 | 28,750,000 | 28,441,000 | 27,124,000 | 28,516,000 | 29,122,000 | 27,846,000 | 27,468,000 | 27,837,000 | 27,639,000 | 26,180,000 | 25,767,000 | 25,697,000 | 24,858,000 | 24,553,000 | 24,604,000 | 23,862,000 | 22,818,000 | 22,580,000 | 22,458,000 | 21,608,000 | 20,815,000 | 19,753,000 | 19,376,000 | 19,235,000 | 19,218,000 | 21,336,000 | 20,224,000 | 19,248,000 | 15,827,000 | 15,419,000 | 15,489,000 | 15,118,000 | 16,021,000 | 15,582,000 | 15,054,000 | 15,141,000 | |||||||||||||||||
intangible assets amortization | 8,966,000 | 9,093,000 | 9,237,000 | 9,681,000 | 8,491,000 | 8,716,000 | 9,194,000 | 8,618,000 | 8,899,000 | 9,193,000 | 9,497,000 | 8,240,000 | 8,511,000 | 8,802,000 | 6,387,000 | 1,118,000 | 1,124,000 | 1,132,000 | 1,139,000 | 1,147,000 | 1,089,000 | 962,000 | 962,000 | 962,000 | 961,000 | 962,000 | 962,000 | 962,000 | 961,000 | 962,000 | 962,000 | 977,000 | 1,002,000 | 1,028,000 | 1,055,000 | 1,082,000 | 1,493,000 | 1,523,000 | 1,554,000 | 1,588,000 | 1,621,000 | 1,843,000 | 1,288,000 | 416,000 | 432,000 | 1,242,000 | 1,384,000 | 1,397,000 | 1,397,000 | 1,397,000 | 1,397,000 | 1,397,000 | 1,397,000 | 1,397,000 | 1,409,000 | 1,421,000 | 1,450,000 | 1,464,000 | 1,463,000 | 1,464,000 | 1,464,000 | 1,404,000 | 2,153,000 | 3,344,000 | ||||
marketing | 4,953,000 | 5,171,000 | 4,027,000 | 6,139,000 | 4,224,000 | 4,107,000 | 4,281,000 | 5,176,000 | 4,810,000 | 5,160,000 | 3,476,000 | 5,570,000 | 3,918,000 | 3,441,000 | 3,509,000 | 2,599,000 | 3,721,000 | 3,227,000 | 2,504,000 | 3,485,000 | 3,852,000 | 3,286,000 | 3,502,000 | 3,957,000 | 4,758,000 | 4,243,000 | 3,328,000 | 4,345,000 | 4,052,000 | 4,889,000 | 3,552,000 | 3,320,000 | 4,045,000 | 4,615,000 | 5,441,000 | 5,488,000 | 4,622,000 | 4,669,000 | 4,924,000 | 3,533,000 | 4,099,000 | 4,245,000 | 4,176,000 | 3,918,000 | 4,032,000 | 3,104,000 | 4,529,000 | 5,094,000 | 4,100,000 | 4,540,000 | 4,144,000 | 5,520,000 | 5,226,000 | 4,791,000 | 4,365,000 | 3,802,000 | 3,196,000 | 3,106,000 | 2,895,000 | 2,478,000 | 4,940,000 | 3,643,000 | 1,659,000 | 4,134,000 | 4,209,000 | 4,211,000 | ||
professional and outside services | 17,815,000 | 18,394,000 | 17,226,000 | 15,205,000 | 16,001,000 | 14,066,000 | 12,981,000 | 18,804,000 | 26,874,000 | 29,385,000 | 32,434,000 | 26,489,000 | 21,618,000 | 15,332,000 | 54,091,000 | 9,360,000 | 7,074,000 | 21,025,000 | 9,776,000 | 11,380,000 | 9,223,000 | 6,158,000 | 5,663,000 | 4,674,000 | 5,024,000 | 5,634,000 | 6,048,000 | 6,201,000 | 4,930,000 | 4,381,000 | 4,788,000 | 5,045,000 | 4,030,000 | 3,507,000 | 4,276,000 | 3,441,000 | 4,795,000 | 3,754,000 | 2,811,000 | 2,932,000 | 2,896,000 | 2,875,000 | 2,453,000 | 1,855,000 | 2,470,000 | 2,479,000 | 2,790,000 | 3,387,000 | 2,692,000 | 2,835,000 | 3,125,000 | 2,430,000 | 3,566,000 | 2,602,000 | ||||||||||||||
deposit insurance | 15,621,000 | 15,061,000 | 16,345,000 | 16,069,000 | 13,555,000 | 15,065,000 | 24,223,000 | 58,725,000 | 13,310,000 | 13,723,000 | 12,323,000 | 6,578,000 | 8,026,000 | 6,748,000 | 5,222,000 | 4,234,000 | 3,855,000 | 3,749,000 | 3,956,000 | 4,372,000 | 4,204,000 | 5,015,000 | 4,725,000 | 4,662,000 | 4,409,000 | 4,453,000 | 4,430,000 | 4,651,000 | 9,694,000 | 13,687,000 | 6,717,000 | 5,948,000 | 6,344,000 | 6,625,000 | 6,732,000 | 6,410,000 | 6,177,000 | 6,633,000 | 6,786,000 | 6,242,000 | 6,067,000 | 5,492,000 | 6,241,000 | 5,856,000 | 5,938,000 | 5,642,000 | 5,675,000 | 5,723,000 | 5,709,000 | 4,756,000 | 4,472,000 | 5,781,000 | 7,161,000 | 6,085,000 | ||||||||||||||
other expense | 33,755,000 | 32,796,000 | 30,728,000 | 34,693,000 | 36,376,000 | 36,811,000 | 31,429,000 | 33,182,000 | 54,474,000 | 41,254,000 | 37,000,000 | 30,232,500 | 45,215,000 | 43,157,000 | 19,775,000 | 22,740,000 | 23,042,000 | 24,304,000 | 19,886,000 | 22,798,000 | 12,934,500 | 18,470,000 | 17,044,000 | |||||||||||||||||||||||||||||||||||||||||||||
total non-interest expense | 356,669,000 | 345,714,000 | 343,644,000 | 340,377,000 | 348,958,000 | 326,021,000 | 335,923,000 | 377,221,000 | 362,578,000 | 344,089,000 | 332,467,000 | 348,390,000 | 330,071,000 | 358,227,000 | 359,785,000 | 189,853,000 | 180,237,000 | 187,028,000 | 187,982,000 | 219,530,000 | 183,996,000 | 176,584,000 | 178,836,000 | 179,730,000 | 179,894,000 | 180,640,000 | 175,686,000 | 174,759,000 | 178,783,000 | 180,459,000 | 171,615,000 | 171,049,000 | 161,823,000 | 164,419,000 | 163,784,000 | 161,871,000 | 156,097,000 | 152,778,000 | 151,742,000 | 143,164,000 | 139,854,000 | 137,446,000 | 134,090,000 | 130,294,000 | 124,642,000 | 122,925,000 | 123,887,000 | 127,179,000 | 127,813,000 | 126,572,000 | 123,218,000 | 129,125,000 | 147,667,000 | 133,624,000 | ||||||||||||||
income before income taxes | 331,904,000 | 323,625,000 | 283,654,000 | 257,098,000 | 244,666,000 | 229,574,000 | 285,669,000 | 221,615,000 | 278,440,000 | 297,616,000 | 286,833,000 | 313,164,000 | 298,037,000 | 237,123,000 | -50,347,000 | 38,396,750 | 50,368,000 | 51,997,000 | 51,222,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
income tax expense | 70,687,000 | 64,777,000 | 56,737,000 | 79,332,000 | 51,681,000 | 47,941,000 | 69,346,000 | 36,222,000 | 51,965,000 | 62,648,000 | 65,829,000 | 68,413,000 | 64,069,000 | 54,812,000 | 31,029,000 | 29,766,000 | 33,991,000 | 30,211,000 | 15,118,000 | 18,289,000 | 14,802,000 | 11,144,000 | 25,966,000 | 25,411,000 | 26,451,000 | 26,141,000 | 26,697,000 | 13,700,000 | 20,743,000 | 20,075,000 | 17,029,000 | 30,281,000 | 29,090,000 | 21,951,000 | 23,845,000 | 24,445,000 | 24,599,000 | 24,217,000 | 24,146,000 | 25,075,000 | 20,663,000 | 24,092,000 | 23,614,000 | 23,679,000 | 20,261,000 | 19,489,000 | 18,312,000 | 16,603,000 | 11,045,750 | 15,990,000 | 12,326,000 | 550,000 | 355,000 | -14,285,000 | ||||||||||||||
net income | 261,217,000 | 258,848,000 | 226,917,000 | 177,766,000 | 192,985,000 | 181,633,000 | 216,323,000 | 185,393,000 | 226,475,000 | 234,968,000 | 221,004,000 | 244,751,000 | 233,968,000 | 182,311,000 | -16,747,000 | 111,038,000 | 95,713,000 | 94,035,000 | 108,078,000 | 60,044,000 | 69,281,000 | 53,097,000 | 38,199,000 | 90,473,000 | 93,865,000 | 98,649,000 | 99,736,000 | 98,838,000 | 99,673,000 | 81,682,000 | 80,225,000 | 69,893,000 | 64,496,000 | 61,579,000 | 59,471,000 | 57,660,000 | 51,817,000 | 50,603,000 | 48,617,000 | 52,579,000 | 51,536,000 | 52,503,000 | 49,722,000 | 51,015,000 | 50,458,000 | 48,526,000 | 44,993,000 | 41,240,000 | 38,938,000 | 40,497,000 | 42,379,000 | -300,501,000 | -16,754,000 | 24,365,000 | -8,698,000 | 34,968,000 | 35,467,000 | 35,036,000 | ||||||||||
yoy | 35.36% | 42.51% | 4.90% | -4.11% | -14.79% | -22.70% | -2.12% | -24.25% | -3.20% | 28.88% | -1419.66% | 120.42% | 144.45% | 93.88% | -115.50% | 84.93% | 38.15% | 77.10% | 182.93% | -33.63% | -26.19% | -46.18% | -61.70% | -8.46% | -5.83% | 20.77% | 24.32% | 41.41% | 54.54% | 32.65% | 34.90% | 21.22% | 24.47% | 21.69% | 22.33% | 9.66% | 0.55% | -3.62% | -2.22% | 3.07% | 2.14% | 2.46% | 13.38% | 22.35% | 19.83% | 6.17% | 3354.83% | -147.91% | -30.46% | |||||||||||||||||||
qoq | 0.92% | 14.07% | 27.65% | -7.89% | 6.25% | -16.04% | 16.68% | -18.14% | -3.61% | 6.32% | -9.70% | 4.61% | 28.33% | -1188.62% | -115.08% | 16.01% | 1.78% | -12.99% | 80.00% | -13.33% | 30.48% | 39.00% | -57.78% | -3.61% | -4.85% | -1.09% | 0.91% | -0.84% | 22.03% | 1.82% | 14.78% | 8.37% | 4.74% | 3.54% | 3.14% | 11.28% | 2.40% | 4.08% | -7.54% | 2.02% | -1.84% | 5.59% | -2.53% | 1.10% | 7.85% | 9.10% | 5.91% | -3.85% | -4.44% | 1693.61% | -380.12% | -124.87% | -1.41% | 1.23% | ||||||||||||||
preferred stock dividends | 4,162,000 | 4,162,000 | 4,163,000 | 4,163,000 | 4,162,000 | 4,162,000 | 4,163,000 | -29,137,000 | 4,162,000 | 4,162,000 | 4,163,000 | -27,675,000 | 4,162,000 | 4,163,000 | 3,431,000 | -1,671,750 | -2,024,000 | -2,024,000 | -2,639,000 | -2,639,000 | -2,639,000 | -615,000 | -615,000 | -615,000 | -615,000 | -793,000 | -831,000 | -831,000 | 1,248,500 | 4,994,000 | ||||||||||||||||||||||||||||||||||||||
income allocated to participating securities | 3,004,000 | 2,991,000 | 2,387,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income applicable to common stockholders | 254,051,000 | 251,695,000 | 220,367,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 1,550 | 1,520 | 1,300 | 1,010 | 1,100 | 1,030 | 1,230 | 1,060 | 1,290 | 1,320 | 1,240 | 1,400 | 1,310 | 1,000 | -140 | 1,200 | 1,030 | 1,020 | 1,180 | 640 | 750 | 570 | 400 | 960 | 1,000 | 1,050 | 1,060 | 1,060 | 1,060 | 870 | 850 | 730 | 680 | |||||||||||||||||||||||||||||||||||
diluted | 1,540 | 1,520 | 1,300 | 1,010 | 1,100 | 1,030 | 1,230 | 1,060 | 1,280 | 1,320 | 1,240 | 1,400 | 1,310 | 1,000 | -140 | 1,200 | 1,030 | 1,010 | 1,170 | 650 | 750 | 570 | 390 | 960 | 1,000 | 1,050 | 1,060 | 1,040 | 1,060 | 860 | 850 | 730 | 670 | |||||||||||||||||||||||||||||||||||
other comprehensive income, net of tax: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale | 52,180,000 | 8,858,000 | 96,581,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative financial instruments | 813,000 | 2,004,000 | 10,124,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
defined benefit pension and other postretirement benefit plans | 277,000 | 277,000 | 277,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income, net of tax | 53,270,000 | 11,139,000 | 106,982,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income | 314,487,000 | 269,987,000 | 333,899,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities sold under agreements to repurchase and other borrowings | 815,000 | 38,000 | 1,114,000 | 2,108,000 | 1,162,000 | 50,000 | 63,000 | 7,827,000 | 9,183,000 | 6,242,000 | 2,677,000 | 957,000 | 824,000 | 721,000 | 860,000 | 635,000 | 623,000 | 608,000 | 980,000 | 3,730,000 | 4,726,000 | 6,571,000 | 3,904,000 | 2,752,000 | 2,769,000 | 3,084,000 | 3,998,000 | 3,640,000 | 3,395,000 | 3,847,000 | 3,583,000 | 3,540,000 | 3,529,000 | 3,447,000 | 3,379,000 | 4,173,000 | 4,150,000 | 4,138,000 | 4,186,000 | 4,387,000 | 4,514,000 | 4,587,000 | ||||||||||||||||||||||||||
(loss) on sale of investment securities | -56,886,000 | -19,597,000 | -49,915,000 | -9,826,000 | -16,825,000 | -48,000 | -16,747,000 | -558,500 | -2,234,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income available to common stockholders | 173,603,000 | 188,823,000 | 177,471,000 | 212,160,000 | 181,230,000 | 222,313,000 | 230,806,000 | 216,841,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
taxable interest and dividends on investments | 92,993,500 | 123,635,000 | 147,467,000 | 100,872,000 | 50,208,000 | 77,570,000 | 69,538,000 | 53,724,000 | 29,531,250 | 38,208,000 | 40,303,000 | 39,614,000 | 37,060,000 | 45,549,000 | 50,069,000 | 52,622,000 | 38,639,000 | 52,046,000 | 50,634,000 | 51,876,000 | 35,590,250 | 47,646,000 | 47,427,000 | 47,288,000 | 34,041,750 | 43,819,000 | 46,408,000 | |||||||||||||||||||||||||||||||||||||||||
mortgage banking activities | 1,010,000 | 42,000 | 129,000 | 59,000 | 89,000 | 86,000 | 102,000 | 428,000 | 733,000 | 1,525,000 | 1,319,000 | 2,642,000 | 4,110,000 | 7,087,000 | 4,205,000 | 2,893,000 | 2,286,000 | 2,133,000 | 932,000 | 764,000 | 740,000 | 1,305,000 | 1,235,000 | 1,144,000 | 1,899,000 | 2,421,000 | 3,351,000 | 2,266,000 | 2,253,000 | 3,276,000 | 2,945,000 | 2,629,000 | 2,276,000 | 1,441,000 | 2,517,000 | 1,561,000 | 977,000 | 1,805,000 | 8,515,000 | 6,515,000 | 3,624,000 | 4,383,000 | 1,094,000 | 1,324,000 | 1,253,000 | 427,000 | -138,000 | 1,456,000 | 1,406,000 | 3,433,000 | 606,000 | 336,000 | 50,000 | 104,000 | 740,000 | 3,962,000 | 2,229,000 | |||||||||||
increase in cash surrender value of life insurance policies | 6,728,000 | 6,543,000 | 7,718,000 | 8,244,000 | 6,732,000 | 3,627,000 | 3,666,000 | 3,603,000 | 3,533,000 | 3,662,000 | 3,695,000 | 3,624,000 | 3,580,000 | 3,670,000 | 3,708,000 | 3,650,000 | 3,584,000 | 3,693,000 | 3,706,000 | 3,643,000 | 3,572,000 | 3,684,000 | 3,720,000 | 3,648,000 | 3,575,000 | 3,699,000 | 3,743,000 | 3,664,000 | 3,653,000 | 3,383,000 | 3,288,000 | 3,197,000 | 3,152,000 | 3,278,000 | 3,346,000 | 3,496,000 | 2,680,000 | 2,561,000 | 2,517,000 | 2,609,000 | 2,642,000 | 2,533,000 | 2,612,000 | 2,578,000 | ||||||||||||||||||||||||
net income available to common shareholders | 96,944,000 | 229,806,000 | 178,148,000 | -20,178,000 | 36,768,500 | 49,512,000 | 50,479,000 | 47,083,000 | 48,376,000 | 47,819,000 | 47,911,000 | 44,378,000 | 40,625,000 | 38,323,000 | 39,704,000 | 41,548,000 | 33,465,000 | 12,730,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
benefit for credit losses | 188,845,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net interest income after benefit for credit losses | 205,403,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax (benefit) expense | -33,600,000 | -28,536,000 | -593,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from credit losses | -9,875,000 | 7,750,000 | -21,500,000 | -25,750,000 | -1,000,000 | 22,750,000 | 40,000,000 | 59,000,000 | 85,000,000 | 85,000,000 | 66,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net interest income after benefit from credit losses | 178,451,750 | 221,941,000 | 242,352,000 | 249,514,000 | 217,929,000 | 196,506,000 | 184,407,000 | 32,039,250 | 41,672,000 | 34,288,000 | 52,197,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income tax expense | 97,948,500 | 125,479,000 | 128,026,000 | 138,289,000 | 75,162,000 | 87,570,000 | 67,899,000 | 49,343,000 | 116,439,000 | 119,276,000 | 125,100,000 | 125,877,000 | 125,535,000 | 113,373,000 | 102,425,000 | 100,300,000 | 86,922,000 | 94,777,000 | 90,669,000 | 81,422,000 | 81,505,000 | 76,262,000 | 75,202,000 | 72,834,000 | 76,725,000 | 76,611,000 | 73,166,000 | 73,814,000 | 74,629,000 | 74,137,000 | ||||||||||||||||||||||||||||||||||||||
preferred stock dividends and other | -1,891,750 | -2,542,000 | -2,480,000 | -2,548,000 | -2,328,000 | -2,391,000 | -2,368,000 | -2,178,000 | -2,407,000 | -2,423,000 | -2,456,000 | -2,187,000 | -2,175,000 | -2,213,000 | -2,193,000 | -2,142,000 | -2,324,000 | -2,070,000 | -2,094,000 | -2,129,000 | -2,164,000 | -2,183,000 | -2,205,000 | -2,131,000 | ||||||||||||||||||||||||||||||||||||||||||||
earnings applicable to common shareholders | 72,564,750 | 93,171,000 | 91,555,000 | 105,530,000 | 57,716,000 | 66,890,000 | 50,729,000 | 36,021,000 | 88,066,000 | 91,442,000 | 96,193,000 | 97,549,000 | 96,663,000 | 97,460,000 | 79,489,000 | 78,083,000 | 67,569,000 | 62,426,000 | 59,485,000 | 57,342,000 | 55,496,000 | 49,634,000 | 48,398,000 | 46,486,000 | ||||||||||||||||||||||||||||||||||||||||||||
benefit from loan and lease losses | 6,000,000 | 11,300,000 | 11,900,000 | 10,000,000 | 10,500,000 | 11,000,000 | 10,500,000 | 12,500,000 | 14,250,000 | 14,000,000 | 15,600,000 | 9,750,000 | 9,500,000 | 9,500,000 | 7,500,000 | 5,000,000 | 5,000,000 | 4,000,000 | 2,500,000 | 5,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net interest income after benefit from loan and lease losses | 225,250,000 | 229,239,000 | 229,887,000 | 227,131,000 | 219,872,000 | 203,168,000 | 182,164,000 | 172,759,000 | 165,947,000 | 162,905,000 | 160,552,000 | 150,014,000 | 151,148,000 | 147,870,000 | 138,772,000 | 139,890,000 | 139,378,000 | 139,368,000 | 141,321,000 | 135,381,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
provision for loan and lease losses | 8,600,000 | 10,500,000 | 13,000,000 | 10,150,000 | 7,250,000 | 8,875,000 | 13,000,000 | 12,750,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net interest income after provision for loan and lease losses | 232,951,000 | 214,510,000 | 191,932,000 | 190,754,000 | 190,537,000 | 113,946,250 | 155,010,000 | 150,761,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment loss on investment securities recognized in earnings | -31,500 | -126,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
taxable interest and dividends on securities | 45,940,000 | 43,612,000 | 43,384,000 | 45,311,000 | 48,039,000 | 48,322,000 | 47,230,000 | 46,857,000 | 47,652,000 | 46,966,000 | 46,349,000 | 43,133,000 | 43,532,000 | 45,662,000 | 45,888,000 | 44,095,000 | 45,753,000 | 46,493,000 | 47,963,000 | 46,625,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
non-taxable interest on securities | 5,616,000 | 5,399,000 | 4,820,000 | 4,656,000 | 4,215,000 | 4,043,000 | 3,891,000 | 3,987,000 | 4,027,000 | 3,955,000 | 4,099,000 | 6,619,000 | 6,662,000 | 6,935,000 | 6,980,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment loss on securities recognized in earnings | -149,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loan related fees | 4,928,250 | 8,305,000 | 5,729,000 | 5,679,000 | 8,361,000 | 5,479,000 | 5,570,000 | 4,039,000 | 3,565,000 | 4,869,000 | 2,166,000 | 6,823,000 | 4,829,000 | 7,225,000 | 6,005,000 | 6,501,000 | 5,557,000 | 6,350,000 | 6,482,000 | 7,147,000 | 7,171,000 | 7,891,000 | 6,858,000 | 7,328,000 | 7,660,000 | 7,901,000 | 7,940,000 | |||||||||||||||||||||||||||||||||||||||||
impairment loss recognized in earnings | -20,500 | -82,000 | -61,500 | -85,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on sale of investment securities | 43,000 | 1,121,000 | 42,000 | 810,000 | 2,537,000 | 2,176,000 | 4,364,000 | 4,318,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities sold under agreements to repurchase and other short-term borrowings | 5,646,000 | 5,594,000 | 5,360,000 | 4,434,000 | 4,449,000 | 4,384,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income on trading securities | -1,799,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
litigation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations before income tax expense | 68,787,000 | 64,482,000 | 59,552,000 | 55,541,000 | 38,267,250 | 58,369,000 | 44,626,000 | 18,195,000 | 1,776,000 | -364,489,000 | -18,114,000 | -42,786,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations | 48,526,000 | 44,993,000 | 41,240,000 | 38,938,000 | 40,497,000 | 42,379,000 | 32,300,000 | 17,645,000 | 1,421,000 | -13,684,000 | -19,242,000 | -31,875,000 | -11,113,000 | -300,509,000 | -16,236,000 | -28,501,000 | 26,489,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations, net of tax | 1,995,000 | -11,000 | 313,000 | 8,000 | -518,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net income attributable to non controlling interests | -1,000 | 7,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to webster financial corporation | 48,526,000 | 44,993,000 | 41,240,000 | 38,938,000 | 40,497,000 | 42,379,000 | 34,296,000 | 17,638,000 | 1,421,000 | -13,696,000 | -19,250,000 | -31,562,000 | -11,126,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income from continuing operations | 352.5 | 510 | 460 | 440 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other incomes | 16,832,000 | 26,242,000 | 19,892,000 | 16,799,000 | 10,995,500 | 15,616,000 | 14,066,000 | 14,301,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax-exempt interest and dividends on securities | 7,165,000 | 7,221,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on trading securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other-than-temporary impairment loss on securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: portion of loss recognized in other comprehensive income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net impairment loss recognized in earnings | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accretion of preferred stock discount | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-taxable interest and dividends on securities | 7,351,000 | 7,480,000 | 7,531,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase agreements and other short-term borrowings | 3,562,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from loan losses | 10,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net interest income after benefit from loan losses | 129,449,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other-than-temporary impairment losses on securities | -3,054,000 | -8,214,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
portion of the loss recognized in other comprehensive income | 1,866,000 | 4,534,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net impairment losses recognized in earnings | -1,188,000 | -3,680,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
technology and equipment expense | 15,392,000 | 15,657,000 | 15,268,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
consolidated net income | 34,295,000 | 17,645,000 | 1,421,000 | -13,695,000 | -19,242,000 | -31,562,000 | -11,113,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accretion of preferred stock discount and gain on extinguishment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings | 15,210,000 | 14,485,000 | 15,044,000 | 16,308,000 | 17,895,000 | 20,653,000 | 25,427,000 | 27,715,000 | 28,252,000 | 31,906,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for loan losses | 32,000,000 | 43,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net interest income after provision for loan losses | 100,342,000 | 88,384,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on the exchange of trust preferreds for common stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on early extinguishment of subordinated notes | 5,993,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on assets classified as trading | 8,584,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
litigation reserve | 19,676,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other expenses | 20,854,000 | 12,363,000 | 14,759,000 | 18,117,000 | 15,132,000 | 14,284,000 | 16,867,000 | 17,398,000 | 17,529,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock dividends, accretion of preferred stock discount and gain on extinguishment | -4,908,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other including fraud related costs | 27,962,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock dividends, accretion of preferred stock discount | -7,490,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss available to common shareholders | -6,069,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans including fees | 102,391,500 | 131,266,000 | 137,533,000 | 140,767,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments securities | 38,150,250 | 52,975,000 | 48,799,000 | 50,827,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in cash surrender value of life insurance | 2,680,000 | 2,692,000 | 2,665,000 | 2,592,000 | 2,631,000 | 2,606,000 | 2,623,000 | 2,581,000 | 2,637,000 | 2,629,000 | 2,586,000 | 2,534,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment losses on investment securities | -7,100,000 | -1,290,000 | -27,110,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income on the sale of investment securities | -3,465,750 | -4,728,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on the exchange of trust preferred securities for common stock | 6,084,000 | 24,336,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on visa share redemption | 476,750 | 1,907,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-interest expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
furniture and equipment | 15,299,000 | 15,199,000 | 15,288,000 | 15,140,000 | 15,469,000 | 14,892,000 | 15,634,000 | 15,160,000 | 14,374,000 | 15,039,000 | 15,389,000 | 14,969,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
outside services | 4,209,000 | 3,628,000 | 3,394,000 | 3,784,000 | 4,101,000 | 3,798,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fdic deposit insurance assesment | 4,122,750 | 5,942,000 | 4,590,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fdic special deposit insurance assesment | 2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill impairment | 188,866,000 | 1,013,000 | 8,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
severance and other costs | 6,533,000 | 4,169,000 | 1,313,000 | 240,000 | 5,905,000 | 1,535,000 | 9,368,000 | 5,343,000 | 452,000 | 5,291,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreclosed and repossessed asset write-downs | 2,745,000 | 2,232,000 | 2,829,000 | 3,450,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreclosed and repossessed asset expenses | 2,192,000 | 1,733,000 | 1,799,000 | 1,179,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total non-interest expenses | 93,794,750 | 127,086,000 | 130,077,000 | 118,018,000 | 92,844,500 | 117,544,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations before income tax benefit | -28,342,750 | -41,256,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | -12,785,750 | -22,014,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net income attributable to noncontrolling interests | 5,250 | 8,000 | 13,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock dividends, accretion of preferred stock discount and excess carrying value over fair value of consideration upon redemption | 7,770,500 | -6,850,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income applicable to common shareholders | 30,852,600 | -26,100,000 | 16,799,000 | -21,557,000 | -307,594,000 | -21,748,000 | -28,940,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on the sale of investment securities | -13,593,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fdic deposit insurance assessment | 5,959,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fdic special deposit insurance assessment | 8,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations before income tax (benefit) expense | -60,411,000 | -11,706,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock dividends and accretion of preferred stock discount and gain on extinguishment | 48,361,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on investment securities | 4,457,000 | -4,233,000 | -50,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on write-down of investments to fair value | -129,593,000 | -33,507,000 | -54,924,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
visa share redemption | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock dividends and accretion of preferred stock discount | -10,431,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans | 168,200,000 | 175,363,000 | 175,786,000 | 191,272,000 | 205,363,000 | 212,847,000 | 210,337,000 | 209,164,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments | 40,398,000 | 39,210,000 | 38,115,000 | 39,332,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of fnma/fhlmc preferred stock | -2,060,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on webster capital trust i and ii securities | 2,130,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt redemption premium | 8,940,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreclosed and repossessed property expenses | 3,414,000 | 3,464,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax provision | -465,000 | -1,878,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noninterest income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities’ gains | 126,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total noninterest income | -5,749,000 | 47,847,000 | 45,410,250 | 60,235,000 | 63,985,000 | 57,421,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noninterest expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
professional services | 3,706,000 | 4,153,000 | 3,247,000 | 3,557,000 | 3,432,000 | 4,802,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total noninterest expenses | 137,723,000 | 116,111,000 | 97,761,750 | 121,676,000 | 138,091,000 | 131,280,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss from discontinued operations, net of tax | -439,000 | -2,124,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on securities transactions | -421,000 | 195,000 | 483,000 | 503,000 | 541,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible asset amortization | 1,548,000 | 3,473,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
severance and closing costs | -650,000 | 4,522,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations before income taxes | 40,792,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | 14,303,000 | -28,000 | 15,400,000 | 16,530,000 | 16,186,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities and short-term investments | 25,001,500 | 34,163,000 | 32,563,000 | 33,280,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
federal home loan bank advances and other borrowings | 14,924,500 | 17,639,000 | 21,271,000 | 20,787,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other long-term debt | 8,412,500 | 12,444,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance revenue | 7,052,500 | 8,948,000 | 9,141,000 | 10,121,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sales of loans and loan servicing | 2,010,000 | 1,850,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on write-down of securities available for sale to fair value | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings per share | 0.478 | 0.65 | 0.64 | 0.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted earnings per share | 0.473 | 0.64 | 0.63 | 0.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
average shares outstanding: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 13,791.5 | 53,735 | 55,677 | 56,113 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 13,938.25 | 54,259 | 56,243 | 56,762 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 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 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2013-12-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-03-31 | 2010-12-31 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and due from banks | 498,801,000 | 425,349,000 | 421,124,000 | 388,060,000 | 721,261,000 | 333,138,000 | 322,041,000 | 429,323,000 | 406,300,000 | 283,623,000 | 201,683,000 | 264,118,000 | 286,487,000 | 294,482,000 | 240,435,000 | 137,385,000 | 161,369,000 | 193,430,000 | 160,703,000 | 193,501,000 | 181,524,000 | 198,680,000 | 198,458,000 | 185,341,000 | 227,966,000 | 190,828,000 | 167,587,000 | 260,422,000 | 222,234,000 | 228,628,000 | 164,927,000 | 231,158,000 | 215,244,000 | 231,808,000 | 184,044,000 | 190,663,000 | 199,989,000 | 224,964,000 | 198,174,000 | 251,258,000 | 251,898,000 | 205,650,000 | 233,970,000 | 261,544,000 | 207,128,000 | 223,616,000 | 252,283,000 | 164,556,000 | 197,229,000 | 173,027,000 | 195,957,000 | 168,776,000 | 170,691,000 | 159,849,000 | 179,490,000 | 158,065,000 | ||||||||||||
interest-bearing deposits | 2,563,680,000 | 2,568,570,000 | 2,091,152,000 | 1,686,374,000 | 2,476,290,000 | 1,202,515,000 | 1,223,187,000 | 1,286,472,000 | 1,766,431,000 | 1,077,136,000 | 2,232,388,000 | 575,825,000 | 326,638,000 | 607,323,000 | 552,778,000 | 324,185,000 | 2,442,790,000 | 1,386,463,000 | 1,210,958,000 | 69,603,000 | 60,276,000 | 104,444,000 | 69,482,000 | 72,554,000 | 74,865,000 | 26,652,000 | 53,072,000 | 69,077,000 | 99,746,000 | 70,654,000 | 45,899,000 | 25,628,000 | 26,992,000 | 33,662,000 | 38,150,000 | 29,461,000 | 21,938,000 | 38,091,000 | 27,805,000 | 155,907,000 | 19,257,000 | 142,083,000 | 119,297,000 | 132,695,000 | 105,394,000 | 23,674,000 | 98,205,000 | 79,763,000 | 73,598,000 | 77,921,000 | 96,062,000 | 87,240,000 | 104,982,000 | 52,811,000 | 40,041,000 | 162,193,000 | ||||||||||||
investment securities available-for-sale, at fair value | 9,932,344,000 | 9,620,354,000 | 9,360,097,000 | 9,006,600,000 | 8,594,978,000 | 7,808,874,000 | 8,601,141,000 | 8,959,729,000 | 7,653,391,000 | 7,759,341,000 | 7,798,977,000 | 7,892,697,000 | 8,085,044,000 | 8,638,358,000 | 8,744,897,000 | 4,234,854,000 | 3,410,443,000 | 3,262,893,000 | 3,313,980,000 | 3,326,776,000 | 3,304,217,000 | 3,183,624,000 | 3,016,631,000 | 2,925,833,000 | 2,960,103,000 | 2,978,657,000 | 2,977,316,000 | 2,823,953,000 | 2,780,581,000 | 2,773,506,000 | 2,591,162,000 | |||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, net of allowance for credit losses of 102 and 171 | 8,077,505,000 | 8,192,720,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for sale | 75,386,000 | 278,409,000 | 63,849,000 | 27,634,000 | 117,615,000 | 248,137,000 | 239,763,000 | 6,541,000 | 46,267,000 | 10,963,000 | 210,724,000 | 1,991,000 | 898,000 | 388,000 | 17,970,000 | 4,694,000 | 24,969,000 | 4,335,000 | 17,262,000 | 14,012,000 | 29,018,000 | 46,446,000 | 22,448,000 | 36,053,000 | 27,061,000 | 19,249,000 | 20,615,000 | 11,869,000 | 20,888,000 | 32,855,000 | 39,407,000 | 28,698,000 | 67,577,000 | 66,578,000 | 53,353,000 | 30,425,000 | 37,091,000 | 38,331,000 | 63,535,000 | 45,866,000 | 67,952,000 | 26,083,000 | 20,802,000 | 107,633,000 | 91,207,000 | 89,228,000 | 59,615,000 | 57,391,000 | 28,266,000 | 10,809,000 | 52,224,000 | 11,109,000 | 29,790,000 | 12,528,000 | 37,005,000 | 113,936,000 | 48,876,000 | 24,524,000 | 3,247,000 | 3,972,000 | 8,223,000 | 221,568,000 | 211,659,000 | 372,891,000 | 456,033,000 | |||
loans and leases | 55,052,081,000 | 53,671,959,000 | 53,056,223,000 | 52,505,168,000 | 51,947,015,000 | 51,573,465,000 | 51,098,642,000 | 50,726,052,000 | 50,088,146,000 | 51,626,048,000 | 50,926,523,000 | 49,764,426,000 | 47,823,875,000 | 45,646,743,000 | 43,536,485,000 | 22,271,729,000 | 21,580,335,000 | 21,475,001,000 | 21,301,383,000 | 21,641,215,000 | 21,852,023,000 | 21,802,517,000 | 20,891,524,000 | 20,036,986,000 | 19,551,646,000 | 19,269,883,000 | 18,814,290,000 | 18,465,489,000 | 18,321,019,000 | 18,025,996,000 | 17,805,575,000 | 17,523,858,000 | 17,446,421,000 | 17,273,678,000 | 17,094,499,000 | 17,026,588,000 | 16,623,401,000 | 16,272,029,000 | 15,858,355,000 | 15,671,735,000 | 15,216,525,000 | 14,777,526,000 | 14,270,226,000 | 13,900,025,000 | 13,513,502,000 | 12,699,776,000 | 12,028,696,000 | 11,727,652,000 | 11,539,997,000 | 11,312,150,000 | 11,225,404,000 | 11,056,446,000 | ||||||||||||||||
allowance for credit losses on loans and leases | -727,897,000 | -722,046,000 | -713,321,000 | -687,798,000 | -669,355,000 | -641,442,000 | -635,438,000 | -628,911,000 | -613,914,000 | -574,325,000 | -571,499,000 | -569,371,000 | -314,922,000 | -307,945,000 | -328,351,000 | -369,811,000 | -358,522,000 | -334,931,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
federal home loan bank and federal reserve bank stock | 340,231,000 | 370,272,000 | 350,702,000 | 321,343,000 | 360,795,000 | 348,263,000 | 381,451,000 | 326,882,000 | 306,085,000 | 407,968,000 | 584,724,000 | 445,900,000 | 373,044,000 | 329,424,000 | 206,123,000 | 71,836,000 | 75,936,000 | 76,874,000 | 77,674,000 | 77,594,000 | 89,611,000 | 94,495,000 | 141,327,000 | 149,046,000 | 116,984,000 | 118,371,000 | 106,674,000 | 149,286,000 | 133,740,000 | 141,293,000 | 125,328,000 | 151,566,000 | 136,340,000 | 155,505,000 | 163,557,000 | 194,646,000 | 185,104,000 | 185,104,000 | 188,347,000 | 188,347,000 | 184,280,000 | 180,290,000 | 193,290,000 | 193,290,000 | 171,174,000 | 158,878,000 | 137,874,000 | 110,962,000 | ||||||||||||||||||||
deferred tax assets | 220,972,000 | 252,442,000 | 249,395,000 | 316,856,000 | 273,174,000 | 354,482,000 | 341,292,000 | 369,212,000 | 478,926,000 | 377,588,000 | 315,525,000 | 371,634,000 | 369,737,000 | 269,790,000 | 178,042,000 | 109,405,000 | 96,489,000 | 78,268,000 | 80,235,000 | 81,286,000 | 76,695,000 | 77,145,000 | 80,318,000 | 61,975,000 | 59,956,000 | 73,462,000 | 76,576,000 | 96,516,000 | 92,910,000 | 106,910,000 | 99,199,000 | 92,630,000 | 82,895,000 | 80,942,000 | 76,869,000 | 84,391,000 | 127,628,000 | 94,823,000 | 80,565,000 | |||||||||||||||||||||||||||||
premises and equipment | 427,215,000 | 422,774,000 | 422,425,000 | 406,963,000 | 411,070,000 | 417,700,000 | 423,128,000 | 429,561,000 | 431,698,000 | 426,310,000 | 431,432,000 | 430,184,000 | 434,721,000 | 449,578,000 | 490,004,000 | 204,557,000 | 209,573,000 | 215,716,000 | 220,982,000 | 226,743,000 | 250,535,000 | 258,392,000 | 268,420,000 | 270,413,000 | 278,642,000 | 278,227,000 | 279,580,000 | 124,850,000 | 128,507,000 | 127,973,000 | 127,196,000 | 130,001,000 | 130,358,000 | 131,833,000 | 134,551,000 | 137,413,000 | 137,067,000 | 134,482,000 | 134,212,000 | 129,426,000 | 127,216,000 | 123,828,000 | 123,548,000 | 121,933,000 | 118,608,000 | 121,605,000 | 134,562,000 | 135,394,000 | 137,420,000 | 141,088,000 | 147,379,000 | 148,274,000 | 155,464,000 | 157,724,000 | 164,865,000 | 171,178,000 | 178,422,000 | 179,353,000 | 179,625,000 | 182,629,000 | 185,928,000 | 188,443,000 | 190,273,000 | 192,928,000 | 193,063,000 | 197,852,000 | 194,412,000 | 196,232,000 |
goodwill | 2,868,068,000 | 2,868,068,000 | 2,868,068,000 | 2,868,068,000 | 2,868,068,000 | 2,868,068,000 | 2,868,068,000 | 2,631,465,000 | 2,631,465,000 | 2,631,465,000 | 2,631,465,000 | 2,514,104,000 | 2,513,771,000 | 2,513,771,000 | 2,513,771,000 | 538,373,000 | 538,373,000 | 538,373,000 | 538,373,000 | 538,373,000 | 538,373,000 | 538,373,000 | 538,373,000 | 538,373,000 | 538,373,000 | 538,373,000 | 538,373,000 | 538,373,000 | 538,373,000 | 538,373,000 | 538,373,000 | 538,373,000 | 538,373,000 | 538,373,000 | 538,373,000 | 538,373,000 | 538,373,000 | 538,373,000 | 538,373,000 | 538,373,000 | 538,373,000 | 538,373,000 | 538,373,000 | 529,887,000 | 529,887,000 | 529,887,000 | 529,887,000 | 529,887,000 | 529,887,000 | 529,887,000 | 529,887,000 | 529,887,000 | 529,887,000 | 529,887,000 | 529,887,000 | 529,887,000 | 529,887,000 | 529,887,000 | 529,887,000 | 529,887,000 | 529,887,000 | 718,525,000 | 719,538,000 | 728,038,000 | 728,038,000 | 770,596,000 | 770,489,000 | 771,662,000 |
other intangible assets | 307,679,000 | 315,971,000 | 325,064,000 | 334,301,000 | 343,982,000 | 374,125,000 | 382,841,000 | 203,135,000 | 211,752,000 | 220,652,000 | 229,845,000 | 199,342,000 | 207,269,000 | 215,780,000 | 224,582,000 | 17,869,000 | 18,987,000 | 20,112,000 | 21,244,000 | 22,383,000 | 23,529,000 | 19,994,000 | 20,955,000 | 21,917,000 | 22,879,000 | 23,841,000 | 24,803,000 | 25,764,000 | 26,726,000 | 27,688,000 | 28,650,000 | 29,611,000 | 30,589,000 | 31,591,000 | 32,619,000 | 33,674,000 | 34,756,000 | 36,249,000 | 37,772,000 | 39,326,000 | 40,914,000 | 42,535,000 | 44,378,000 | 2,666,000 | 3,082,000 | 5,351,000 | 10,270,000 | 11,512,000 | 12,896,000 | 14,293,000 | 15,690,000 | 17,087,000 | 19,880,000 | 21,277,000 | 24,071,000 | 25,468,000 | 26,865,000 | 29,705,000 | 31,126,000 | 32,575,000 | 34,039,000 | 35,501,000 | 36,965,000 | 38,429,000 | 39,977,000 | 45,875,000 | 47,933,000 | 51,538,000 |
cash surrender value of life insurance policies | 1,266,491,000 | 1,262,311,000 | 1,255,074,000 | 1,251,622,000 | 1,247,624,000 | 1,241,367,000 | 1,237,828,000 | 1,247,938,000 | 1,242,648,000 | 1,239,077,000 | 1,233,994,000 | 1,229,169,000 | 1,230,641,000 | 1,228,484,000 | 1,222,898,000 | 572,305,000 | 572,368,000 | 570,380,000 | 567,298,000 | 564,195,000 | 561,021,000 | 557,325,000 | 554,231,000 | 550,651,000 | 549,335,000 | 546,963,000 | 546,094,000 | 543,616,000 | 539,923,000 | 537,431,000 | 535,391,000 | 531,820,000 | 528,136,000 | 524,674,000 | 521,427,000 | 517,852,000 | 514,153,000 | 510,410,000 | 506,746,000 | 503,093,000 | 449,711,000 | 446,423,000 | 443,225,000 | 440,073,000 | 438,100,000 | 430,535,000 | 418,293,000 | 414,797,000 | 312,117,000 | 309,556,000 | 307,039,000 | 305,901,000 | 300,683,000 | 298,149,000 | 293,387,000 | 290,786,000 | 286,806,000 | |||||||||||
accrued interest receivable and other assets | 2,290,096,000 | 2,387,117,000 | 2,231,971,000 | 2,157,459,000 | 2,213,890,000 | 2,099,673,000 | 2,003,862,000 | 1,890,088,000 | 1,627,408,000 | 1,663,199,000 | 1,597,806,000 | 1,618,175,000 | 1,468,928,000 | 1,424,401,000 | 1,410,616,000 | 531,469,000 | 571,240,000 | 616,609,000 | 509,511,000 | 626,551,000 | 674,304,000 | 708,887,000 | 701,744,000 | 455,380,000 | 502,921,000 | 452,501,000 | 364,378,000 | 313,256,000 | 281,423,000 | 283,668,000 | 285,404,000 | 286,677,000 | 295,309,000 | 305,871,000 | 280,126,000 | 294,462,000 | 364,512,000 | 385,029,000 | 415,552,000 | 328,993,000 | 324,901,000 | 287,966,000 | 304,051,000 | 301,304,000 | 291,657,000 | 260,687,000 | 259,742,000 | 260,103,000 | 257,660,000 | 245,594,000 | 237,042,000 | 254,796,000 | 259,088,000 | 259,194,000 | 322,087,000 | 487,184,000 | 318,230,000 | 320,026,000 | 279,925,000 | 259,942,000 | 254,653,000 | |||||||
total assets | 83,192,652,000 | 81,914,270,000 | 80,279,750,000 | 79,025,073,000 | 79,453,900,000 | 76,838,106,000 | 76,161,693,000 | 74,945,249,000 | 73,130,851,000 | 74,038,243,000 | 74,844,395,000 | 71,277,521,000 | 69,052,566,000 | 67,595,021,000 | 65,131,484,000 | 34,915,599,000 | 35,374,258,000 | 33,753,752,000 | 33,259,037,000 | 32,590,690,000 | 32,994,443,000 | 32,708,617,000 | 31,654,874,000 | 30,389,344,000 | 29,895,100,000 | 28,942,043,000 | 28,238,129,000 | 27,610,315,000 | 27,346,317,000 | 27,036,737,000 | 26,752,147,000 | 26,487,645,000 | 26,350,182,000 | 26,174,930,000 | 26,002,916,000 | 26,072,529,000 | 25,633,617,000 | 25,120,466,000 | 24,935,509,000 | 24,677,820,000 | 24,069,782,000 | 23,620,786,000 | 23,106,688,000 | 22,533,010,000 | 21,826,882,000 | 20,852,999,000 | 20,146,765,000 | 19,729,662,000 | 19,429,749,000 | 19,134,142,000 | 18,714,340,000 | 18,228,093,000 | 17,964,946,000 | 18,038,068,000 | 17,743,148,000 | 18,024,715,000 | 17,739,197,000 | 17,808,286,000 | 17,452,576,000 | 17,256,734,000 | 17,583,537,000 | 17,516,037,000 | 17,478,636,000 | 17,243,562,000 | 17,201,960,000 | 16,845,407,000 | 16,947,256,000 | 16,879,200,000 |
liabilities and stockholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-interest-bearing | 10,491,975,000 | 10,345,761,000 | 10,139,131,000 | 10,316,501,000 | 10,744,524,000 | 9,996,274,000 | 10,212,509,000 | 10,732,516,000 | 11,410,063,000 | 11,157,390,000 | 12,007,387,000 | 12,974,975,000 | 13,849,812,000 | 13,576,152,000 | 13,570,702,000 | 7,060,488,000 | 7,154,835,000 | 6,751,373,000 | 6,680,114,000 | 6,155,592,000 | 6,136,814,000 | 6,193,757,000 | 4,883,436,000 | 4,446,463,000 | 4,291,659,000 | 4,174,806,000 | 4,224,144,000 | 4,162,446,000 | 4,231,505,000 | 4,151,259,000 | 4,074,992,000 | 4,191,496,000 | 4,138,206,000 | 4,074,819,000 | 3,913,058,000 | 4,021,061,000 | 3,993,750,000 | 3,958,484,000 | 3,625,605,000 | 3,713,063,000 | 3,551,229,000 | 3,547,356,000 | 3,450,316,000 | 3,598,872,000 | 3,256,741,000 | 3,128,152,000 | 2,881,131,000 | 2,786,525,000 | 2,611,297,000 | 2,491,442,000 | 2,473,693,000 | |||||||||||||||||
interest-bearing | 57,683,669,000 | 55,968,664,000 | 55,436,098,000 | 54,436,579,000 | 53,769,906,000 | 52,280,418,000 | 50,535,234,000 | 50,051,768,000 | 48,921,704,000 | 47,590,142,000 | 43,290,092,000 | 41,079,365,000 | 40,159,075,000 | 39,501,005,000 | 40,785,581,000 | 22,786,541,000 | 22,871,492,000 | 22,095,593,000 | 21,801,720,000 | 21,179,844,000 | 20,783,739,000 | 20,162,240,000 | 19,630,401,000 | 18,878,283,000 | 18,989,006,000 | 18,423,972,000 | 18,526,784,000 | 17,696,399,000 | 17,766,118,000 | 17,192,097,000 | 17,310,050,000 | 16,802,233,000 | 16,717,029,000 | 16,383,278,000 | 16,328,599,000 | 15,282,796,000 | 15,207,158,000 | 14,869,984,000 | 15,098,918,000 | 14,239,715,000 | 14,031,001,000 | 13,746,910,000 | 14,095,334,000 | 12,052,733,000 | 12,290,177,000 | 11,726,268,000 | 11,649,704,000 | 11,626,912,000 | 11,362,630,000 | 11,453,055,000 | 11,182,332,000 | |||||||||||||||||
total deposits | 68,175,644,000 | 66,314,425,000 | 65,575,229,000 | 64,753,080,000 | 64,514,430,000 | 62,276,692,000 | 60,747,743,000 | 60,784,284,000 | 60,331,767,000 | 58,747,532,000 | 55,297,479,000 | 54,054,340,000 | 54,008,887,000 | 53,077,157,000 | 54,356,283,000 | 29,847,029,000 | 30,026,327,000 | 28,846,966,000 | 28,481,834,000 | 27,335,436,000 | 26,920,553,000 | 26,355,997,000 | 24,513,837,000 | 23,324,746,000 | 23,280,665,000 | 22,598,778,000 | 22,750,928,000 | 21,858,845,000 | 21,997,623,000 | 21,343,356,000 | 21,385,042,000 | 20,993,729,000 | 20,855,235,000 | 20,458,097,000 | 20,241,657,000 | 19,303,857,000 | 19,200,908,000 | 18,828,468,000 | 18,724,523,000 | 17,952,778,000 | 17,582,230,000 | 17,294,266,000 | 17,545,650,000 | 15,651,605,000 | 15,546,918,000 | 14,854,420,000 | 14,530,835,000 | 14,413,437,000 | 13,973,927,000 | 13,944,497,000 | 13,656,025,000 | 13,585,934,000 | 14,124,668,000 | 13,608,785,000 | 13,479,545,000 | 13,993,526,000 | ||||||||||||
securities sold under agreements to repurchase and federal funds purchased | 101,717,000 | 372,806,000 | 83,395,000 | 344,168,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
federal home loan bank advances | 2,560,817,000 | 3,339,914,000 | 2,910,011,000 | 2,110,108,000 | 3,110,205,000 | 2,809,843,000 | 3,659,930,000 | 2,360,018,000 | 1,810,218,000 | 4,310,371,000 | 8,560,461,000 | 5,460,552,000 | 3,510,717,000 | 2,510,810,000 | 10,903,000 | 10,997,000 | 113,334,000 | 138,444,000 | 138,554,000 | 133,164,000 | 433,243,000 | 523,321,000 | 1,773,399,000 | 1,948,476,000 | 1,392,849,000 | 1,426,656,000 | 951,730,000 | 1,826,808,000 | 1,441,884,000 | 1,576,956,000 | 1,202,030,000 | 1,677,105,000 | 1,507,681,000 | 1,767,757,000 | 1,922,832,000 | 2,842,908,000 | 2,587,983,000 | 2,463,057,000 | 2,363,131,000 | 2,664,139,000 | 2,609,212,000 | 2,509,285,000 | 1,584,357,000 | 2,859,431,000 | 2,290,204,000 | 2,052,421,000 | 1,827,612,000 | 1,452,660,000 | 1,529,102,000 | 1,352,466,000 | 1,252,609,000 | 760,964,000 | 403,297,000 | 768,005,000 | 629,828,000 | 574,378,000 | 544,651,000 | 663,210,000 | 663,123,000 | 671,294,000 | 1,335,996,000 | 1,355,931,000 | 1,419,570,000 | 869,079,000 | 1,052,228,000 | 628,445,000 | 531,117,000 | 655,709,000 |
long-term debt | 1,249,612,000 | 905,634,000 | 907,410,000 | 909,185,000 | 910,963,000 | 912,743,000 | 914,520,000 | 1,048,820,000 | 1,050,539,000 | 1,052,258,000 | 1,071,413,000 | 1,073,128,000 | 1,074,844,000 | 1,076,559,000 | 1,078,274,000 | 562,931,000 | 564,114,000 | 565,297,000 | 566,480,000 | 567,663,000 | 568,846,000 | 570,029,000 | 571,212,000 | 540,364,000 | 549,158,000 | 538,379,000 | 524,303,000 | 226,021,000 | 225,957,000 | 225,894,000 | 225,830,000 | 225,767,000 | 225,704,000 | 225,640,000 | 225,577,000 | 225,514,000 | 225,450,000 | 225,387,000 | 225,323,000 | 226,356,000 | 226,327,000 | 226,297,000 | 226,267,000 | 226,237,000 | 226,208,000 | 228,365,000 | 334,276,000 | 335,678,000 | 472,928,000 | 474,318,000 | 552,589,000 | 554,478,000 | 570,637,000 | 582,837,000 | 586,617,000 | 588,540,000 | 588,419,000 | 589,600,000 | 590,520,000 | 661,968,000 | 687,797,000 | 657,004,000 | 653,995,000 | 666,891,000 | 650,643,000 | 666,236,000 | 656,455,000 | 623,091,000 |
accrued expenses and other liabilities | 1,642,185,000 | 1,643,874,000 | 1,599,551,000 | 1,775,318,000 | 1,620,020,000 | 1,790,036,000 | 1,730,116,000 | 1,603,744,000 | 1,581,635,000 | 1,404,776,000 | 1,314,594,000 | 1,481,485,000 | 1,366,294,000 | 1,188,925,000 | 990,156,000 | 236,617,000 | 477,715,000 | 211,755,000 | 143,953,000 | 166,167,000 | 385,078,000 | 224,955,000 | 266,374,000 | 153,161,000 | 309,342,000 | 356,093,000 | 356,848,000 | 230,252,000 | 300,167,000 | 266,240,000 | 291,804,000 | 245,817,000 | 219,873,000 | 245,618,000 | 244,919,000 | 223,712,000 | 306,942,000 | 226,897,000 | 274,416,000 | 267,576,000 | 247,450,000 | 196,739,000 | 310,962,000 | 222,300,000 | 215,727,000 | 176,943,000 | 284,352,000 | 234,194,000 | 318,866,000 | 199,330,000 | 242,637,000 | 255,892,000 | 184,320,000 | 203,898,000 | 203,222,000 | 162,678,000 | 159,120,000 | 185,342,000 | 158,102,000 | 216,734,000 | 220,187,000 | 155,853,000 | 152,198,000 | 185,381,000 | 141,949,000 | 178,010,000 | 185,767,000 | 176,324,000 |
total liabilities | 73,729,975,000 | 72,576,653,000 | 71,075,596,000 | 69,891,859,000 | 70,255,850,000 | 68,028,838,000 | 67,414,195,000 | 66,255,253,000 | 64,931,650,000 | 65,758,517,000 | 66,550,101,000 | 63,221,335,000 | 61,226,156,000 | 59,597,233,000 | 56,954,349,000 | 31,477,274,000 | 31,988,069,000 | 30,424,047,000 | 29,986,109,000 | 29,356,065,000 | 29,774,753,000 | 29,533,838,000 | 28,564,632,000 | 27,181,574,000 | 26,742,706,000 | 25,876,826,000 | 25,271,874,000 | 24,723,800,000 | 24,530,119,000 | 24,275,014,000 | 24,036,005,000 | 23,785,687,000 | 23,711,395,000 | 23,569,804,000 | 23,442,558,000 | 23,545,517,000 | 23,121,988,000 | 22,643,500,000 | 22,497,542,000 | 22,262,249,000 | 21,667,237,000 | 21,241,091,000 | 20,751,113,000 | 20,210,329,000 | 19,516,032,000 | 18,643,811,000 | 18,053,235,000 | 17,745,984,000 | 17,498,201,000 | 17,239,200,000 | 16,868,566,000 | 16,378,173,000 | 16,140,316,000 | 16,255,002,000 | 15,859,409,000 | 16,168,998,000 | 15,781,163,000 | 15,910,912,000 | 15,601,426,000 | 15,391,607,000 | 15,699,841,000 | 15,689,891,000 | 15,577,354,000 | 15,517,269,000 | 15,455,751,000 | 15,030,787,000 | 15,100,028,000 | 14,964,609,000 |
stockholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value: authorized—3,000,000 shares; | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series f issued and outstanding—6,000 shares | 145,037,000 | 145,037,000 | 145,037,000 | 145,037,000 | 145,037,000 | 145,037,000 | 145,037,000 | 145,037,000 | 145,037,000 | 145,037,000 | 145,037,000 | 145,037,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series g issued and outstanding—135,000 shares | 138,942,000 | 138,942,000 | 138,942,000 | 138,942,000 | 138,942,000 | 138,942,000 | 138,942,000 | 138,942,000 | 138,942,000 | 138,942,000 | 138,942,000 | 138,942,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued—182,778,045 shares; outstanding—164,816,922 and 171,391,125 shares | 1,828,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
paid-in capital | 6,169,269,000 | 6,155,132,000 | 6,140,885,000 | 6,181,475,000 | 6,166,150,000 | 6,153,286,000 | 6,138,935,000 | 6,179,753,000 | 6,164,846,000 | 6,150,713,000 | 6,137,743,000 | 6,173,240,000 | 6,161,297,000 | 6,148,853,000 | 6,129,440,000 | 1,108,594,000 | 1,104,885,000 | 1,101,126,000 | 1,105,137,000 | 1,109,532,000 | 1,106,473,000 | 1,103,756,000 | 1,101,324,000 | 1,113,250,000 | 1,115,204,000 | 1,113,893,000 | 1,113,107,000 | 1,114,394,000 | 1,114,848,000 | 1,115,414,000 | 1,120,522,000 | 1,122,164,000 | 1,123,685,000 | 1,124,661,000 | 1,124,900,000 | 1,125,937,000 | 1,125,377,000 | 1,125,446,000 | 1,125,925,000 | 1,124,325,000 | 1,124,823,000 | 1,124,498,000 | 1,128,897,000 | 1,127,534,000 | 1,128,453,000 | 1,125,584,000 | 1,145,620,000 | 1,145,392,000 | 1,146,292,000 | 1,146,141,000 | 1,145,346,000 | 1,145,146,000 | 1,160,929,000 | 1,160,690,000 | 1,007,755,000 | 1,007,153,000 | 1,007,740,000 | 733,487,000 | 736,602,000 | 734,604,000 | 739,533,000 | 737,300,000 | 734,100,000 | |||||
retained earnings | 4,290,807,000 | 4,100,350,000 | 3,913,169,000 | 3,759,158,000 | 3,654,363,000 | 3,534,351,000 | 3,425,701,000 | 3,282,530,000 | 3,170,330,000 | 3,017,445,000 | 2,856,745,000 | 2,713,861,000 | 2,543,015,000 | 2,383,638,000 | 2,276,875,000 | 2,333,288,000 | 2,260,560,000 | 2,203,160,000 | 2,147,436,000 | 2,077,522,000 | 2,055,620,000 | 2,024,487,000 | 2,009,541,000 | 2,061,352,000 | 2,010,930,000 | 1,955,933,000 | 1,895,870,000 | 1,828,303,000 | 1,761,036,000 | 1,699,767,000 | 1,649,524,000 | 1,595,762,000 | 1,535,585,000 | 1,496,300,000 | 1,460,026,000 | 1,425,320,000 | 1,392,500,000 | 1,365,549,000 | 1,342,930,000 | 1,317,559,000 | 1,288,261,000 | 1,260,090,000 | 1,230,816,000 | 1,202,117,000 | 1,172,372,000 | 1,080,488,000 | 1,000,427,000 | 962,594,000 | 928,523,000 | 898,031,000 | 865,427,000 | 839,816,000 | 776,968,000 | 746,057,000 | 710,295,000 | 699,642,000 | 708,024,000 | 759,683,000 | 786,949,000 | 759,020,000 | 783,875,000 | 1,109,114,000 | 1,146,628,000 | 1,191,315,000 | 1,183,621,000 | 1,208,364,000 | 1,189,713,000 | 1,173,924,000 |
treasury stock | -898,214,000 | -765,410,000 | -686,306,000 | -536,843,000 | -535,027,000 | -536,277,000 | -486,844,000 | -507,523,000 | -506,003,000 | -455,416,000 | -397,981,000 | -431,762,000 | -426,808,000 | -339,178,000 | -239,264,000 | -126,951,000 | -126,738,000 | -126,445,000 | -133,893,000 | -140,659,000 | -140,414,000 | -140,883,000 | -141,797,000 | -76,734,000 | -82,480,000 | -84,393,000 | -86,855,000 | -71,504,000 | -74,096,000 | -77,496,000 | -84,399,000 | -70,430,000 | -75,032,000 | -67,400,000 | -71,188,000 | -70,899,000 | -76,742,000 | -80,165,000 | -84,138,000 | -71,854,000 | -74,666,000 | -67,844,000 | -106,633,000 | -103,294,000 | -106,639,000 | |||||||||||||||||||||||
accumulated other comprehensive (loss), net of tax | -384,992,000 | -438,262,000 | -449,401,000 | -556,383,000 | -373,243,000 | -627,899,000 | -616,101,000 | -550,571,000 | -915,779,000 | -718,823,000 | -588,020,000 | -684,960,000 | -736,901,000 | -481,332,000 | -275,723,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | 9,462,677,000 | 9,337,617,000 | 9,204,154,000 | 9,133,214,000 | 9,198,050,000 | 8,809,268,000 | 8,747,498,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | 83,192,652,000 | 81,914,270,000 | 80,279,750,000 | 79,025,073,000 | 79,453,900,000 | 76,838,106,000 | 76,161,693,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued—182,778,045 shares; outstanding—167,083,263 and 171,391,125 shares | 1,828,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, net of allowance for credit losses of 109 and 171 | 8,297,927,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued—182,778,045 shares; outstanding—168,594,276 and 171,391,125 shares | 1,828,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, net of allowance for credit losses of 171 and 209 | 8,444,191,000 | 8,565,936,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
allowance for credit losses on loan and leases | -689,566,000 | -635,737,000 | -594,741,000 | -301,187,000 | -359,431,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued—182,778,045 shares; outstanding—171,391,125 and 172,021,956 shares | 1,828,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities sold under agreements to repurchase and other borrowings | 100,232,000 | 239,524,000 | 361,886,000 | 458,387,000 | 157,491,000 | 243,580,000 | 306,154,000 | 1,151,830,000 | 1,265,414,000 | 1,743,782,000 | 518,733,000 | 674,896,000 | 655,871,000 | 507,124,000 | 498,378,000 | 995,355,000 | 1,301,822,000 | 1,688,805,000 | 1,262,749,000 | 1,040,431,000 | 1,210,692,000 | 956,920,000 | 688,065,000 | 581,874,000 | 564,488,000 | 862,568,000 | 931,299,000 | 643,269,000 | 902,902,000 | 872,692,000 | 807,573,000 | 949,526,000 | 800,705,000 | 899,691,000 | 910,149,000 | 1,151,400,000 | 1,002,018,000 | 1,014,504,000 | 1,083,877,000 | 1,250,756,000 | 1,236,975,000 | 1,331,662,000 | ||||||||||||||||||||||||||
issued—182,778,045 shares | 1,828,000 | 1,828,000 | 1,828,000 | 1,828,000 | 1,828,000 | 1,828,000 | 1,828,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, net of allowance for credit losses of 182 and 209 | 8,637,654,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, net of allowance for credit losses of 184 and 209 | 7,679,891,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, net of allowance for credit losses of 209 and 182 | 7,074,588,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders' equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders' equity | 8,689,996,000 | 8,199,201,000 | 8,279,726,000 | 8,294,294,000 | 8,056,186,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders' equity | 74,945,249,000 | 73,130,851,000 | 74,038,243,000 | 74,844,395,000 | 71,277,521,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, net of allowance for credit losses of 203 and 182 | 6,875,772,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, net of allowance for credit losses of 216 and 182 | 6,943,784,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, net of allowance for credit losses of 282 and 182 | 7,063,223,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, net of allowance for credit losses of 182 and 214 | 6,564,697,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued—182,778,045 and 93,686,311 shares | 1,828,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, net of allowance for credit losses of 209 and 214 | 6,505,838,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and shareholders' equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value... | 225,000,000 | 225,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series f issued and outstanding | 145,037,000 | 145,037,000 | 145,037,000 | 145,037,000 | 145,037,000 | 145,037,000 | 145,037,000 | 145,037,000 | 145,037,000 | 145,037,000 | 145,037,000 | 145,037,000 | 145,037,000 | 145,037,000 | 145,037,000 | 145,037,000 | 145,037,000 | 145,037,000 | 145,037,000 | 145,056,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
series g issued and outstanding | 138,942,000 | 138,942,000 | 138,942,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock, 0.01 par value... | 566,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued | 1,828,000 | 1,828,000 | 1,828,000 | 937,000 | 937,000 | 937,000 | 937,000 | 937,000 | 937,000 | 937,000 | 937,000 | 937,000 | 937,000 | 937,000 | 937,000 | 937,000 | 937,000 | 937,000 | 937,000 | 937,000 | 937,000 | 937,000 | 937,000 | 937,000 | 937,000 | 937,000 | 937,000 | 937,000 | 936,000 | 936,000 | ||||||||||||||||||||||||||||||||||||||
total shareholders' equity | 7,826,410,000 | 7,997,788,000 | 8,177,135,000 | 3,438,325,000 | 3,386,189,000 | 3,329,705,000 | 3,272,928,000 | 3,234,625,000 | 3,219,690,000 | 3,174,779,000 | 3,090,242,000 | 3,207,770,000 | 3,152,394,000 | 3,065,217,000 | 2,966,255,000 | 2,886,515,000 | 2,816,198,000 | 2,761,723,000 | 2,716,142,000 | 2,701,958,000 | 2,638,787,000 | 2,605,126,000 | 2,560,358,000 | 2,527,012,000 | 2,511,629,000 | 2,476,966,000 | 2,437,967,000 | 2,415,571,000 | 2,402,545,000 | 2,379,695,000 | 2,355,575,000 | 2,322,681,000 | 2,310,850,000 | 2,209,188,000 | 2,093,530,000 | 1,905,014,000 | ||||||||||||||||||||||||||||||||
total liabilities and shareholders' equity | 69,052,566,000 | 67,595,021,000 | 65,131,484,000 | 34,915,599,000 | 35,374,258,000 | 33,753,752,000 | 33,259,037,000 | 32,590,690,000 | 32,994,443,000 | 32,708,617,000 | 31,654,874,000 | 30,389,344,000 | 29,895,100,000 | 28,942,043,000 | 28,238,129,000 | 27,610,315,000 | 27,346,317,000 | 27,036,737,000 | 26,752,147,000 | 26,487,645,000 | 26,350,182,000 | 26,174,930,000 | 26,002,916,000 | 26,072,529,000 | 25,633,617,000 | 25,120,466,000 | 24,935,509,000 | 24,677,820,000 | 24,069,782,000 | 23,620,786,000 | 23,106,688,000 | 22,533,010,000 | 21,826,882,000 | 20,852,999,000 | 20,146,765,000 | 16,879,200,000 | ||||||||||||||||||||||||||||||||
investment securities held-to-maturity, net of allowance for credit losses of 210 and 214 | 6,547,998,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, net of allowance for credit losses of 204 and 214 | 6,362,254,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, net of allowance for credit losses of 214 and 299 | 6,198,125,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating lease liabilities | 144,804,000 | 150,708,000 | 154,461,000 | 156,910,000 | 158,280,000 | 165,211,000 | 170,731,000 | 177,061,000 | 174,396,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value: authorized - 3,000,000 shares; | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax | -22,580,000 | 1,508,000 | 5,890,000 | 8,274,000 | 52,037,000 | 41,445,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, net of allowance for credit losses of 234 and 299 | 5,986,308,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, net of allowance for credit losses of 382 and 299 | 5,623,243,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity | 5,568,093,000 | 5,568,188,000 | 5,723,434,000 | 5,477,126,000 | 5,486,206,000 | 5,293,918,000 | 5,193,521,000 | 4,636,707,000 | 4,480,160,000 | 4,325,420,000 | 4,332,458,000 | 4,356,219,000 | 4,408,321,000 | 4,487,392,000 | 4,497,311,000 | 4,219,198,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
allowance for credit losses on investment securities held-to-maturity | -308,000 | -299,000 | -306,000 | -309,000 | -312,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income (loss,) net of tax | 42,256,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax | -24,800,000 | -36,072,000 | -37,234,000 | -66,190,000 | -101,841,000 | -130,652,000 | -131,564,000 | -121,936,000 | -115,479,000 | -91,531,000 | -69,098,000 | -72,082,000 | -77,027,000 | -76,993,000 | -53,153,000 | -57,511,000 | -70,397,000 | -78,106,000 | -59,519,000 | -60,695,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
allowance for loan and lease losses | -209,096,000 | -209,152,000 | -211,671,000 | -211,389,000 | -212,353,000 | -211,832,000 | -207,322,000 | -205,349,000 | -199,994,000 | -201,803,000 | -199,578,000 | -199,107,000 | -194,320,000 | -187,925,000 | -180,428,000 | -174,201,000 | -174,990,000 | -172,992,000 | -167,860,000 | -161,970,000 | -159,264,000 | -156,482,000 | -152,573,000 | -177,129,000 | -186,089,000 | -198,757,000 | -210,288,000 | -233,487,000 | -257,352,000 | |||||||||||||||||||||||||||||||||||||||
preferred stock, .01 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock, .01 par value... | 907,000 | 820,000 | 566,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities available-for-sale, at fair value | 2,898,730,000 | 2,638,037,000 | 2,991,091,000 | 2,984,631,000 | 3,015,417,000 | 2,837,158,000 | 2,968,109,000 | 2,793,873,000 | 2,873,886,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, .01 par value: authorized - 3,000,000 shares; | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for sale, fair value option | 17,137,000 | 18,645,000 | 19,727,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series e issued and outstanding | 122,710,000 | 122,710,000 | 122,710,000 | 122,710,000 | 122,710,000 | 122,710,000 | 122,710,000 | 122,710,000 | 122,710,000 | 122,710,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale | 2,807,966,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities available-for-sale | 2,897,060,000 | 3,040,111,000 | 2,921,950,000 | 3,080,469,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities held-to-maturity | 4,212,050,000 | 4,160,658,000 | 4,022,332,000 | 3,920,974,000 | 4,012,289,000 | 3,923,052,000 | 3,951,208,000 | 4,064,022,000 | 3,923,189,000 | 3,872,955,000 | 3,641,979,000 | 3,358,721,000 | 3,107,529,000 | 3,142,160,000 | 3,076,226,000 | 3,079,654,000 | 2,973,727,000 | 3,106,013,000 | 3,211,047,000 | 3,072,453,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax asset | 73,228,000 | 79,886,000 | 81,191,000 | 101,578,000 | 84,743,000 | 79,257,000 | 61,136,000 | 74,077,000 | 62,884,000 | 65,109,000 | 68,681,000 | 74,098,000 | 79,011,000 | 81,676,000 | 105,665,000 | 96,310,000 | 95,209,000 | 104,774,000 | 101,855,000 | 121,010,000 | 121,733,000 | 139,458,000 | 153,745,000 | 199,531,000 | 189,337,000 | 58,126,000 | 41,904,000 | 35,709,000 | 30,608,000 | |||||||||||||||||||||||||||||||||||||||
series a issued and outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a issued and outstanding - 28,939 shares | 28,939,000 | 28,939,000 | 28,939,000 | 28,939,000 | 28,939,000 | 28,939,000 | 28,939,000 | 28,939,000 | 28,939,000 | 28,939,000 | 28,939,000 | 28,939,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series e issued and outstanding - 5,060 shares | 122,710,000 | 122,710,000 | 122,710,000 | 122,710,000 | 122,710,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued - 93,644,633 and 93,623,090 shares | 936,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -50,090,000 | -56,261,000 | -35,919,000 | -48,549,000 | -32,266,000 | -29,277,000 | -43,878,000 | -46,445,000 | -60,204,000 | -33,127,000 | -5,979,000 | -13,709,000 | -12,711,000 | -26,320,000 | -28,389,000 | -105,196,000 | -105,910,000 | -86,181,000 | -46,140,000 | -46,223,000 | -15,896,000 | -10,259,000 | -4,913,000 | -3,515,000 | ||||||||||||||||||||||||||||||||||||||||||||
issued - 93,623,090 and 93,366,673 shares | 936,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued - 93,381,269 and 93,366,673 shares | 934,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities available for sale, at fair value | 3,106,931,000 | 3,136,160,000 | 3,120,354,000 | 3,153,580,000 | 3,144,867,000 | 2,874,764,000 | 2,500,151,000 | 2,195,109,000 | 2,413,776,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid fdic premiums | 16,323,000 | 21,673,000 | 27,062,000 | 32,507,000 | 37,946,000 | 42,424,000 | 52,121,000 | 57,548,000 | 68,257,000 | 73,752,000 | 79,241,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued - 93,366,673 and 90,735,596 shares | 934,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: treasury stock, at cost | -100,918,000 | -172,807,000 | -124,877,000 | -129,235,000 | -132,631,000 | -134,641,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
federal home loan bank and federal reserve bank stock, at cost | 155,630,000 | 142,595,000 | 142,595,000 | 142,595,000 | 143,874,000 | 143,874,000 | 143,874,000 | 143,874,000 | 143,874,000 | 140,874,000 | 140,874,000 | 140,874,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities sold under agreements to repurchase and other short-term borrowings | 1,076,160,000 | 1,310,015,000 | 1,203,378,000 | 1,268,589,000 | 1,164,706,000 | 1,220,905,000 | 857,394,000 | 1,091,477,000 | 960,197,000 | 849,876,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued - 90,735,596 and 90,709,350 shares | 907,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued - 90,728,276 and 90,709,350 shares | 907,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total equity | 1,983,678,000 | 1,931,548,000 | 1,894,942,000 | 1,845,774,000 | 1,849,920,000 | 1,824,630,000 | 1,783,066,000 | 1,883,739,000 | 1,855,717,000 | 1,958,034,000 | 1,897,374,000 | 1,851,150,000 | 1,865,127,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and equity | 19,729,662,000 | 19,429,749,000 | 19,134,142,000 | 18,714,340,000 | 18,228,093,000 | 17,964,946,000 | 18,038,068,000 | 17,743,148,000 | 18,024,715,000 | 17,739,197,000 | 17,808,286,000 | 17,452,576,000 | 17,256,734,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued - 90,721,171 and 90,709,350 shares | 907,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued - 90,713,626 and 90,709,350 shares | 907,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value | 11,554,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a issued and outstanding—28,939 shares | 28,939,000 | 28,939,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total webster financial corporation shareholders’ equity | 1,845,774,000 | 1,840,343,000 | 1,815,053,000 | 1,874,091,000 | 1,846,076,000 | 1,948,393,000 | 1,887,734,000 | 1,841,518,000 | 1,855,495,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non controlling interests | 9,577,000 | 9,577,000 | 9,644,000 | 9,648,000 | 9,641,000 | 9,641,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-interest bearing | 2,292,673,000 | 2,183,665,000 | 2,216,987,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest bearing | 11,293,261,000 | 11,941,003,000 | 11,391,798,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued - 90,703,887 shares and 90,688,879 shares | 907,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: treasury stock, | -141,338,000 | -146,711,000 | -149,462,000 | -156,539,000 | -159,363,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans | 11,014,050,000 | 11,024,639,000 | 10,856,560,000 | 10,896,520,000 | 11,036,709,000 | 10,995,953,000 | 11,304,703,000 | 11,824,530,000 | 11,952,262,000 | 12,677,220,000 | 12,581,586,000 | 12,420,661,000 | 12,287,857,000 | 12,266,024,000 | 12,295,298,000 | 12,157,881,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
allowance for loan losses | -297,948,000 | -321,665,000 | -344,087,000 | -343,871,000 | -341,184,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued - 90,694,337 shares and 90,688,879 shares | 907,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders' equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series b issued and outstanding—0 shares and 400,000 shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued—90,688,879 shares and 81,963,734 shares | 907,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total webster financial corporation shareholders' equity | 1,773,422,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading, at fair value | 8,785,000 | 77,000 | 1,197,000 | 2,280,000 | 1,049,000 | 2,340,000 | 635,000 | 5,935,000 | 14,076,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
available for sale, at fair value | 2,206,362,000 | 2,365,956,000 | 2,126,043,000 | 1,912,283,000 | 1,405,872,000 | 1,097,229,000 | 1,188,705,000 | 824,118,000 | 849,591,000 | 760,502,000 | 639,364,000 | 455,508,000 | 411,309,000 | 395,668,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
held-to-maturity | 3,136,605,000 | 2,915,923,000 | 2,658,869,000 | 2,429,887,000 | 2,522,511,000 | 2,031,665,000 | 2,065,771,000 | 2,091,918,000 | 2,107,227,000 | 2,051,277,000 | 2,046,891,000 | 2,066,763,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total investment securities | 5,351,752,000 | 5,281,879,000 | 4,784,912,000 | 4,615,164,000 | 4,173,837,000 | 3,661,990,000 | 3,846,167,000 | 2,991,854,000 | 3,049,852,000 | 2,970,682,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noninterest bearing deposits | 1,763,819,000 | 1,662,122,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest bearing deposits | 11,715,726,000 | 12,331,404,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series b issued and outstanding - 300,000 shares and 400,000 shares | 295,532,000 | 295,205,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued - 81,977,210 shares and 81,963,734 shares | 820,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued - 81,969,280 shares and 81,963,734 shares | 820,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and due from depository institutions | 171,184,000 | 173,437,000 | 254,638,000 | 208,862,000 | 259,208,000 | 221,195,000 | 323,480,000 | 274,321,000 | 306,654,000 | 264,929,000 | 293,223,000 | 269,061,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments | 390,310,000 | 360,618,000 | 8,216,000 | 19,942,000 | 22,154,000 | 6,449,000 | 2,996,000 | 4,042,000 | 5,112,000 | 80,270,000 | 8,222,000 | 6,161,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading assets, at fair value | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash surrender value of life insurance | 289,486,000 | 285,064,000 | 282,399,000 | 279,807,000 | 277,176,000 | 274,570,000 | 271,947,000 | 269,366,000 | 266,729,000 | 264,100,000 | 261,852,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits | 13,632,127,000 | 13,600,730,000 | 13,174,582,000 | 12,694,759,000 | 11,884,890,000 | 11,832,375,000 | 12,076,567,000 | 12,143,292,000 | 12,354,158,000 | 12,553,993,000 | 12,819,061,000 | 12,558,390,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities sold under agreements to repurchase and other short-term debt | 856,846,000 | 872,030,000 | 1,015,099,000 | 1,146,852,000 | 1,570,971,000 | 1,688,728,000 | 1,275,024,000 | 1,642,320,000 | 1,238,012,000 | 994,624,000 | 899,852,000 | 943,802,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a issued and outstanding — 28,939 and 224,900 shares | 28,939,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series b issued and outstanding — 400,000 shares | 393,170,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: treasury stock, at cost; 4,067,057 shares and 3,723,527 shares | -161,911,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
held-to-maturity, at amortized cost | 2,702,881,000 | 2,767,965,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a issued and outstanding - 56,400 and 224,900 shares | 56,400,000 | 56,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series b issued and outstanding - 400,000 shares | 392,734,000 | 392,298,000 | 391,862,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued - 71,936,357 and 56,607,177 shares | 719,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
paid in capital: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
warrants | 13,002,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid in capital | 851,573,000 | 815,893,000 | 727,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of taxes | -34,141,000 | -66,872,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: treasury stock, at cost; 3,796,701 and 3,723,527 shares | -152,236,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests | 9,640,000 | 9,632,000 | 9,632,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued - 67,899,440 and 56,607,177 shares | 679,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
warrant for common stock | 8,719,000 | 8,719,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: treasury stock, at cost; 3,801,628 and 3,723,527 shares | -152,548,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other securities | 134,874,000 | 134,874,000 | 134,874,000 | 132,210,000 | 117,213,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
assets held for disposition | 5,571,000 | 5,571,000 | 900,000 | 900,000 | 6,912,000 | 51,603,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a issued and outstanding - 224,900 shares | 224,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued - 56,607,177 shares | 566,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: treasury stock, at cost; 3,776,766 and 3,723,527 shares | -151,376,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and shareholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities held for disposition | 806,000 | 9,261,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock of subsidiary corporation | 9,577,000 | 9,577,000 | 9,577,000 | 9,577,000 | 9,577,000 | 9,577,000 | 9,577,000 | 9,577,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a issued and outstanding — 224,900 shares at december 31, 2008 | 224,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series b issued and outstanding — 400,000 shares at december 31, 2008 | 391,426,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued—56,607,177 shares and 56,594,469 shares | 566,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: treasury stock, at cost; 3,723,527 shares and 4,119,374 shares | -154,225,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total shareholders’ equity | 1,874,119,000 | 1,816,569,000 | 1,891,705,000 | 1,716,716,000 | 1,736,632,000 | 1,805,043,000 | 1,837,651,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and shareholders’ equity | 17,583,537,000 | 17,516,037,000 | 17,478,636,000 | 17,243,562,000 | 17,201,960,000 | 16,845,407,000 | 16,947,256,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued interest receivable | 75,830,000 | 73,060,000 | 77,593,000 | 80,432,000 | 86,654,000 | 85,078,000 | 86,878,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unsettled trades | 68,996,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other assets | 123,073,000 | 126,621,000 | 169,221,000 | 100,271,000 | 105,495,000 | 115,766,000 | 114,787,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
paid in capital | 725,195,000 | 729,090,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: treasury stock, at cost; 3,892,841 and 4,119,374 shares | -157,125,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued and outstanding—225,000 shares at june 30, 2008 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued—56,603,497 shares and 56,594,469 shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: treasury stock, at cost; 4,052,343 and 4,119,374 shares | -163,439,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reserve for unfunded credit commitments | 9,500,000 | 9,500,000 | 9,479,000 | 7,776,000 | 7,293,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued—56,599,164 shares and 56,594,469 shares | 566,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: treasury stock, at cost; 4,108,940 and 4,119,374 shares | -165,544,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total securities | 2,748,931,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized - 200,000,000 shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued - 56,594,469 shares and 56,388,707 shares | 566,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: treasury stock, at cost; 4,119,374 shares at december 31, 2007 | -166,263,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued - 56,584,354 shares and 56,388,707 shares | 566,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: treasury stock, at cost; 3,064,181 shares at september 30, 2007 | -133,161,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued - 56,582,089 shares and 56,388,707 shares | 566,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: treasury stock, at cost; 1,938,822 shares at june 30, 2007 | -85,015,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued - 56,531,337 shares and 56,388,707 shares | 565,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: treasury stock, at cost; 1,279 shares at march 31, 2007 | -60,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 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 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-03-31 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 261,217,000 | 258,848,000 | 226,917,000 | 177,766,000 | 192,985,000 | 181,633,000 | 216,323,000 | 185,393,000 | 226,475,000 | 234,968,000 | 221,004,000 | 244,751,000 | 233,968,000 | 182,311,000 | -16,747,000 | 111,038,000 | 95,713,000 | 94,035,000 | 108,078,000 | 60,044,000 | 69,281,000 | 53,097,000 | 38,199,000 | 90,473,000 | 93,865,000 | 98,649,000 | 99,736,000 | 98,838,000 | 99,673,000 | 81,682,000 | 80,225,000 | 69,893,000 | 64,496,000 | 61,579,000 | 59,471,000 | 57,660,000 | 51,817,000 | 49,033,000 | 48,617,000 | 52,579,000 | 51,536,000 | 52,503,000 | 49,722,000 | 51,015,000 | 48,526,000 | 44,993,000 | 41,240,000 | 38,938,000 | 40,497,000 | -19,242,000 | -31,547,000 | -11,126,000 | 24,365,000 | -8,698,000 | 34,968,000 | 35,467,000 | 35,036,000 | |||||||
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for credit losses | 44,000,000 | 46,500,000 | 77,500,000 | 63,500,000 | 54,000,000 | 59,000,000 | 45,500,000 | 46,749,000 | 36,531,000 | 100,000,000 | 45,500,000 | 25,000,000 | 15,800,000 | 45,250,000 | 15,250,000 | 4,250,000 | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax expense | 11,678,000 | -7,967,000 | 27,636,000 | -8,562,000 | 16,470,000 | -28,420,000 | -13,477,000 | 13,911,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock-based compensation | 12,747,000 | 15,121,000 | 14,011,000 | 13,588,000 | 14,360,000 | 13,433,000 | 13,760,000 | 13,892,000 | 14,383,000 | 3,643,000 | 3,468,000 | 2,965,000 | 2,823,000 | 3,342,000 | 3,405,000 | 2,609,000 | 2,942,000 | 3,268,000 | 3,440,000 | 2,976,000 | 3,014,000 | 2,719,000 | 2,544,000 | 3,335,000 | 3,226,000 | 3,007,000 | 2,725,000 | 3,318,000 | 2,880,000 | 2,944,000 | 2,831,000 | 2,783,000 | 2,652,000 | 3,007,000 | 2,994,000 | 2,282,000 | 2,430,000 | 2,268,000 | 1,697,000 | 2,247,000 | 2,743,000 | 1,520,000 | 1,189,000 | 2,079,000 | -247,000 | 1,383,000 | 1,638,000 | 2,108,000 | 2,373,000 | 2,459,000 | 2,139,000 | 2,380,000 | 2,239,000 | 2,329,000 | 2,255,000 | |||||||||
depreciation and amortization of property and equipment and intangible assets | 18,366,000 | 18,088,000 | 18,239,000 | 18,903,000 | 16,118,000 | 17,483,000 | 19,027,000 | 17,841,000 | 18,310,000 | 19,594,000 | 20,745,000 | 19,397,000 | 21,730,000 | 23,889,000 | 16,784,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
net (accretion) and amortization of interest-earning assets and borrowings | -42,357,000 | -35,492,000 | -26,944,000 | -20,952,000 | -11,893,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of low-income housing tax credit investments | 23,162,000 | 34,611,000 | 32,061,000 | 17,058,000 | 21,595,000 | 21,836,000 | 20,413,000 | 17,491,000 | 17,989,000 | 14,817,000 | 21,478,000 | 12,537,000 | 5,222,000 | 16,072,000 | 10,377,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
reduction of rou lease assets | 7,423,000 | 7,906,000 | 7,614,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss on sale of investment securities | 0 | 0 | -220,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
originations of loans held for sale | -1,981,000 | -1,676,000 | -3,105,000 | -1,570,000 | 26,023,000 | -27,942,000 | -3,317,000 | -3,419,000 | -1,599,000 | -5,711,000 | -2,590,000 | -3,479,000 | -1,530,000 | -5,042,000 | -23,056,000 | -42,118,000 | -57,018,000 | -54,569,000 | -81,361,000 | -87,411,000 | ||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of loans held for sale | 2,006,000 | 2,284,000 | 2,741,000 | 1,650,000 | 890,000 | 1,057,000 | 4,713,000 | 2,632,000 | 2,590,000 | 4,828,000 | 3,832,000 | 2,449,000 | 1,053,000 | 6,080,000 | 26,753,000 | 47,643,000 | 52,256,000 | 68,427,000 | 79,308,000 | 143,594,000 | 172,579,000 | 94,574,000 | 75,594,000 | 86,539,000 | 66,236,000 | 42,851,000 | 20,613,000 | 40,920,000 | 57,042,000 | 45,257,000 | 44,806,000 | 70,998,000 | 88,691,000 | 66,718,000 | 106,620,000 | 140,085,000 | 128,268,000 | 85,411,000 | 85,161,000 | 100,290,000 | 143,801,000 | 131,604,000 | 76,895,000 | 79,602,000 | ||||||||||||||||||||
net loss on sale of factored receivables portfolio | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (gain) on sale of mortgage servicing rights | 0 | 0 | 0 | -11,655,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(increase) in cash surrender value of life insurance policies | -7,535,000 | -9,172,000 | -7,992,000 | -7,387,000 | -8,020,000 | -6,359,000 | -5,946,000 | -6,587,000 | -6,620,000 | -6,293,000 | -6,728,000 | -6,543,000 | -7,718,000 | -8,244,000 | -6,732,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
(gain) from life insurance policies | -1,550,000 | -671,000 | -821,000 | -503,000 | -1,645,000 | -890,000 | -528,000 | -3,817,000 | -1,047,000 | -1,409,000 | -38,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) on sale of alternative investments | -957,000 | -2,457,000 | -3,291,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other operating activities | -3,297,000 | -2,428,000 | -499,000 | 6,462,000 | -3,839,000 | -7,476,000 | -11,145,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in derivative contract assets and liabilities | -24,191,000 | -63,363,000 | -84,526,000 | 141,459,000 | -160,701,000 | -16,766,000 | 56,534,000 | 72,362,000 | 70,808,000 | -48,570,000 | 202,438,000 | 121,396,000 | 215,423,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in prepaid expenses and other assets | 92,733,000 | -62,504,000 | -14,062,000 | -465,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (decrease) in accrued expenses and other liabilities | -16,744,000 | 77,147,000 | -156,181,000 | 403,771,000 | -33,967,000 | 13,634,000 | -418,820,000 | -59,848,000 | 9,360,000 | -78,240,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities | 374,720,000 | 270,914,000 | 94,890,000 | 891,316,000 | 45,312,000 | 223,991,000 | 243,681,000 | 87,815,000 | 427,172,000 | 249,368,000 | 214,294,000 | 275,287,000 | 421,860,000 | 423,548,000 | 215,257,000 | 224,423,000 | 150,938,000 | 84,406,000 | 228,825,000 | 219,053,000 | 120,617,000 | 102,467,000 | -61,588,000 | 171,787,000 | 34,102,000 | 54,627,000 | 43,334,000 | -26,975,000 | 239,857,000 | 124,259,000 | 132,267,000 | 144,691,000 | 118,271,000 | 37,911,000 | 144,093,000 | 211,227,000 | 89,864,000 | 84,396,000 | 12,658,000 | 95,284,000 | 118,374,000 | 34,741,000 | 58,786,000 | 77,058,000 | 68,027,000 | 93,455,000 | 60,789,000 | 34,811,000 | 1,046,000 | 106,959,000 | 290,727,000 | -109,656,000 | 3,376,000 | 134,743,000 | -39,573,000 | 15,543,000 | 75,831,000 | 87,475,000 | 27,080,000 | 236,443,000 | ||||
capital expenditures | -12,215,000 | -13,222,000 | -8,311,000 | 0 | -10,022,000 | -8,426,000 | -5,057,000 | -6,323,000 | -14,319,000 | -9,368,000 | -10,293,000 | -10,236,000 | -8,631,000 | -5,251,000 | -4,644,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
free cash flows | 362,505,000 | 257,692,000 | 86,579,000 | 891,316,000 | 35,290,000 | 215,565,000 | 238,624,000 | 81,492,000 | 412,853,000 | 240,000,000 | 204,001,000 | 265,051,000 | 413,229,000 | 418,297,000 | 210,613,000 | 224,423,000 | 150,938,000 | 84,406,000 | 228,825,000 | 219,053,000 | 120,617,000 | 102,467,000 | -61,588,000 | 171,787,000 | 34,102,000 | 54,627,000 | 43,334,000 | -26,975,000 | 239,857,000 | 124,259,000 | 132,267,000 | 144,691,000 | 118,271,000 | 37,911,000 | 144,093,000 | 211,227,000 | 89,864,000 | 84,396,000 | 12,658,000 | 95,284,000 | 118,374,000 | 34,741,000 | 58,786,000 | 77,058,000 | 68,027,000 | 93,455,000 | 60,789,000 | 34,811,000 | 1,046,000 | 106,959,000 | 290,727,000 | -109,656,000 | 3,376,000 | 134,743,000 | -39,573,000 | 15,543,000 | 75,831,000 | 87,475,000 | 27,080,000 | 236,443,000 | ||||
investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of available-for-sale securities | -405,896,000 | -465,312,000 | -552,655,000 | -1,571,146,000 | -976,945,000 | -410,241,000 | -244,434,000 | -1,441,703,000 | -361,493,000 | -211,269,000 | -357,784,000 | 0 | 0 | -385,602,000 | -714,208,000 | -125,577,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from principal payments, maturities, and calls of available-for-sale securities | 257,303,000 | 232,636,000 | 331,818,000 | 284,441,000 | 182,595,000 | 220,422,000 | 205,507,000 | 134,823,000 | 218,295,000 | 119,056,000 | 119,033,000 | 141,762,000 | 136,861,000 | 192,448,000 | 283,474,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of available-for-sale securities | 0 | 0 | 14,880,000 | 604,432,000 | 284,698,000 | 921,642,000 | 331,690,000 | 391,307,000 | 0 | 2,938,000 | 395,358,000 | 107,617,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of held-to-maturity securities | 0 | -45,269,000 | -1,054,868,000 | -677,961,000 | -271,804,000 | -20,570,000 | 0 | -599,387,000 | -186,368,000 | -116,121,000 | -391,395,000 | -456,139,000 | -234,477,000 | -425,938,000 | -328,798,000 | -88,514,000 | -222,906,000 | -121,334,000 | -69,608,000 | -368,909,000 | -201,182,000 | -381,191,000 | -194,966,000 | -292,818,000 | -178,267,000 | -280,945,000 | -58,032,000 | -302,064,000 | -335,007,000 | -378,214,000 | -69,247,000 | -69,717,000 | -283,409,000 | -2,675,000 | -66,013,000 | -13,419,000 | -45,181,000 | -29,982,000 | -147,952,000 | -4,169,000 | -36,110,000 | -21,592,000 | ||||||||||||||||||||||
proceeds from principal payments, maturities, and calls of held-to-maturity securities | 131,238,000 | 121,299,000 | 162,036,000 | 136,994,000 | 131,166,000 | 108,913,000 | 80,360,000 | 77,353,000 | 91,077,000 | 121,651,000 | 99,992,000 | 122,865,000 | 151,177,000 | 196,630,000 | 280,080,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
net (increase) in federal home loan bank and federal reserve bank stock | 30,041,000 | -19,570,000 | -29,359,000 | -54,569,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
alternative investments (capital calls), net of returns of capital | -64,284,000 | -84,721,000 | -56,677,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of alternative investments | 1,304,000 | 4,566,000 | 4,970,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (increase) in loans | -1,459,468,000 | -907,765,000 | -653,556,000 | -506,536,000 | -758,714,000 | -530,555,000 | -692,991,000 | -747,351,000 | 1,410,845,000 | -837,765,000 | -1,478,986,000 | -1,975,325,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of loans not originated for sale | 251,667,000 | 42,061,000 | 38,877,000 | 1,809,000 | 475,065,000 | 43,224,000 | 49,440,000 | 113,346,000 | 71,493,000 | 334,350,000 | 106,779,000 | 31,120,000 | 530,068,000 | 67,378,000 | 51,127,000 | 9,021,000 | 3,496,000 | 8,247,000 | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of mortgage servicing rights | 278,000 | 0 | 0 | 18,310,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of foreclosed properties and repossessed assets | 1,534,000 | 80,000 | 181,000 | 1,564,000 | 5,472,000 | 700,000 | 790,000 | -410,000 | 1,688,000 | 1,010,000 | 1,745,000 | 497,000 | 781,000 | 1,059,000 | 231,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of property and equipment | 1,789,000 | 895,000 | 1,428,000 | 2,352,000 | 597,000 | 2,778,000 | 1,042,000 | 2,749,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment | -12,215,000 | -13,222,000 | -8,311,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from life insurance policies | 6,179,000 | 587,000 | 8,004,000 | 6,111,000 | 15,706,000 | 8,564,000 | 3,977,000 | 2,891,000 | 4,891,000 | 5,426,000 | 3,783,000 | 7,793,000 | 0 | 2,391,000 | 1,583,000 | 1,100,000 | 260,000 | 606,000 | 269,000 | 750,000 | 3,673,000 | 6,923,000 | 0 | 2,270,000 | 0 | 1,842,000 | 0 | 262,000 | 0 | 0 | 0 | 3,912,000 | 1,418,000 | |||||||||||||||||||||||||||||||
cash paid for acquisition of hsa deposits | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash paid for acquisition of ametros | 0 | 0 | 0 | -359,460,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used for) investing activities | -1,261,482,000 | -1,088,466,000 | -738,364,000 | -1,136,327,000 | -716,385,000 | -669,000,000 | -1,347,548,000 | -1,775,254,000 | 1,510,880,000 | -308,181,000 | -2,023,197,000 | -1,853,109,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
see accompanying notes to condensed consolidated financial statements. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
webster financial corporation and subsidiaries condensed consolidated statements of cash flows (unaudited), continued | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in deposits | 1,860,725,000 | 741,600,000 | 817,663,000 | -49,851,000 | 2,245,366,000 | 1,529,222,000 | -26,850,000 | 453,306,000 | 1,583,961,000 | 3,447,298,000 | 1,236,463,000 | 46,037,000 | 931,431,000 | -1,276,909,000 | 1,235,442,000 | -178,832,000 | 1,179,422,000 | 365,209,000 | 1,145,364,000 | 415,768,000 | 560,230,000 | 1,841,593,000 | 1,188,728,000 | 43,558,000 | 683,017,000 | -152,101,000 | 890,903,000 | -23,926,000 | 652,441,000 | -40,083,000 | 391,087,000 | 138,210,000 | 398,390,000 | 216,557,000 | 937,040,000 | 102,899,000 | 372,713,000 | 104,200,000 | 771,797,000 | 369,353,000 | 288,883,000 | -251,336,000 | 447,021,000 | 104,720,000 | 117,398,000 | 439,510,000 | 29,430,000 | 288,472,000 | 515,883,000 | -513,981,000 | 361,399,000 | 27,753,000 | 441,222,000 | 479,824,000 | 809,869,000 | 111,015,000 | -302,692,000 | -66,725,000 | -210,866,000 | -199,835,000 | -265,068,000 | 260,671,000 | 99,994,000 | |
net increase in federal home loan bank advances | -779,097,000 | 429,903,000 | 799,903,000 | -1,000,097,000 | 300,362,000 | -850,087,000 | 1,299,912,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (decrease) in securities sold under agreements to repurchase and federal funds purchased | -260,773,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of long-term debt | 0 | 0 | 0 | -132,550,000 | 0 | 0 | 0 | 0 | -136,070,000 | 0 | -74,901,000 | 0 | -10,310,000 | 1,000 | 0 | 0 | -15,928,000 | 8,717,000 | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the issuance of long-term debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt issuance costs | 0 | 0 | 0 | -3,642,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of contingent consideration | -206,000 | 0 | 0 | 0 | -4,050,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid to common stockholders | -66,473,000 | -67,294,000 | -68,545,000 | -67,838,000 | -69,053,000 | -69,055,000 | -68,599,000 | -68,822,000 | -69,293,000 | -69,900,000 | -70,140,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid to preferred stockholders | -4,162,000 | -4,162,000 | -4,163,000 | -4,163,000 | -4,162,000 | -4,162,000 | -4,163,000 | -4,163,000 | -4,162,000 | -4,162,000 | -4,163,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
exercise of stock options | 0 | 0 | 0 | 1,723,000 | 68,000 | 138,000 | 86,000 | 411,000 | 23,000 | 83,000 | 72,000 | 3,314,000 | 122,000 | 0 | 0 | 118,000 | -2,000 | 0 | 217,000 | 404,000 | 63,000 | 0 | 1,820,000 | 290,000 | 2,958,000 | 710,000 | 1,798,000 | 2,793,000 | 9,390,000 | 599,000 | 1,471,000 | 302,000 | 498,000 | 85,000 | 2,216,000 | 261,000 | 482,000 | 140,000 | 434,000 | 158,000 | 264,000 | 110,000 | 23,000 | -216,000 | 418,000 | 0 | 92,000 | -150,000 | 590,000 | 3,498,000 | 854,000 | 1,155,000 | 4,123,000 | |||||||||||
common stock repurchase program | -129,787,000 | -78,614,000 | -180,987,000 | -1,000 | 0 | -44,999,000 | -20,403,000 | -1,000 | -49,983,000 | -2,837,000 | -97,136,000 | -99,925,000 | -122,205,000 | 0 | 0 | 0 | -76,556,000 | 0 | 0 | 0 | -13,003,000 | 0 | 0 | 0 | -12,158,000 | 0 | 0 | |||||||||||||||||||||||||||||||||||||
common shares acquired related to stock compensation plan activity | -407,000 | -408,000 | -21,782,000 | -346,000 | -250,000 | -3,123,000 | -13,496,000 | -513,000 | -361,000 | -319,000 | -15,085,000 | -1,110,000 | -1,450,000 | -2,128,000 | -18,967,000 | -209,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | 955,324,000 | 1,299,195,000 | 1,081,316,000 | -878,106,000 | 2,332,971,000 | 435,434,000 | 933,300,000 | 1,230,503,000 | -1,126,080,000 | -1,014,499,000 | 3,403,031,000 | 1,804,640,000 | 1,279,669,000 | 2,271,413,000 | 873,037,000 | -300,424,000 | 1,264,677,000 | 335,604,000 | 615,106,000 | -228,839,000 | 44,969,000 | 979,465,000 | 1,117,674,000 | 389,814,000 | 864,164,000 | 552,995,000 | 367,329,000 | 346,431,000 | 180,696,000 | 233,962,000 | 160,140,000 | 44,987,000 | 131,746,000 | 102,164,000 | -156,148,000 | 490,709,000 | 374,287,000 | 169,764,000 | 193,071,000 | 550,337,000 | 343,328,000 | 583,736,000 | -1,020,230,000 | 666,450,000 | 321,399,000 | 323,707,000 | 132,058,000 | 412,172,000 | 491,026,000 | -94,652,000 | -352,593,000 | 279,235,000 | -35,947,000 | 331,795,000 | 271,555,000 | -303,842,000 | 353,774,000 | 27,886,000 | -128,460,000 | |||||
net increase in cash and cash equivalents | 68,562,000 | 481,643,000 | 437,842,000 | -1,123,117,000 | 1,661,898,000 | -9,575,000 | -170,567,000 | -456,936,000 | 811,972,000 | -1,073,312,000 | 1,594,128,000 | 226,818,000 | -288,680,000 | 108,592,000 | 331,643,000 | -2,142,589,000 | 1,024,266,000 | 208,232,000 | 1,108,557,000 | 35,184,000 | 10,045,000 | |||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of period | 0 | 0 | 2,074,434,000 | 0 | 0 | 0 | 1,715,795,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of period | 68,562,000 | 481,643,000 | 2,512,276,000 | -1,123,117,000 | 1,661,898,000 | -9,575,000 | 1,545,228,000 | -456,936,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in securities sold under agreements to repurchase and federal funds purchased | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net amortization of interest-earning assets and borrowings | -41,132,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock contribution to charitable foundation | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (increase) in loans held for sale | -16,094,000 | -17,262,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in federal home loan bank and federal reserve bank stock | 39,452,000 | -12,532,000 | -138,824,000 | -43,620,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash paid for acquisition of interlink | 0 | 0 | 0 | -157,646,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash paid for acquisition of bend | 0 | 0 | 0 | -54,407,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash received in merger with sterling | 0 | 0 | 0 | 513,960,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
see accompanying notes to consolidated financial statements. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
webster financial corporation and subsidiaries consolidated statements of cash flows, continued | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from extinguishment of borrowings | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax | -20,425,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reduction of right-of-use lease assets | 7,388,000 | 9,047,000 | 7,475,000 | 6,388,000 | 8,888,000 | 7,815,000 | 7,525,000 | 8,909,000 | 8,009,000 | 31,937,000 | 7,928,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of investment securities | 19,597,000 | 49,915,000 | 9,826,000 | 16,825,000 | 0 | 48,000 | 16,747,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in accrued interest receivable and other assets | -43,275,000 | -54,990,000 | 296,416,000 | 4,083,000 | -385,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
alternative investments (capital calls), net of distributions | -8,202,000 | -4,341,000 | -4,192,000 | -9,335,000 | -9,371,000 | -5,540,000 | -3,184,000 | -17,076,000 | -627,000 | -1,523,000 | -5,661,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
additions to property and equipment | -10,022,000 | -8,426,000 | -5,057,000 | -6,323,000 | -14,319,000 | -9,368,000 | -10,293,000 | -10,236,000 | -8,631,000 | -5,251,000 | -4,644,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net (decrease) in securities sold under agreements to repurchase and other borrowings | -139,292,000 | -122,362,000 | -96,501,000 | -183,347,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of cash flow information: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest paid | 423,500,000 | 395,048,000 | 416,290,000 | 370,942,000 | 332,974,000 | 323,522,000 | 221,182,000 | 126,309,000 | 64,998,000 | 34,087,000 | 15,457,000 | -416,000 | 19,454,000 | 6,475,000 | 16,638,000 | 14,573,000 | 25,793,000 | 27,430,000 | 50,327,000 | 45,341,000 | 64,730,000 | 43,757,000 | 43,372,000 | 39,865,000 | 40,852,000 | 30,023,000 | 33,986,000 | 28,804,000 | 31,888,000 | 26,557,000 | 26,797,000 | 23,384,000 | 27,527,000 | 23,226,000 | 28,301,000 | 22,145,000 | 26,064,000 | 21,524,000 | 25,695,000 | 20,205,000 | 24,356,000 | 27,225,000 | 32,808,000 | 32,023,000 | 34,402,000 | 37,347,000 | 47,187,000 | 45,968,000 | 54,177,000 | 56,908,000 | 70,874,000 | 76,798,000 | 83,150,000 | 83,203,000 | ||||||||||
income taxes paid | 25,852,000 | 73,210,000 | 11,240,000 | 54,802,000 | 73,104,000 | 134,358,000 | 6,334,000 | 63,618,000 | 63,862,000 | 58,952,000 | 7,112,000 | 4,775,000 | 26,939,000 | 77,518,000 | 3,355,000 | 16,696,000 | 66,023,000 | 6,425,000 | 4,928,000 | 19,483,000 | 20,815,000 | 65,485,000 | 4,274,000 | 9,688,000 | 3,456,000 | 44,468,000 | 3,313,000 | 30,227,000 | 25,498,000 | 47,948,000 | 5,386,000 | 18,504,000 | 18,546,000 | 36,845,000 | 6,248,000 | 27,427,000 | 21,418,000 | 46,137,000 | 12,009,000 | 20,818,000 | 26,093,000 | 20,605,000 | 5,979,000 | 3,814,000 | 20,023,000 | 6,194,000 | 571,000 | 91,000 | 3,155,000 | 958,000 | 1,057,000 | 790,000 | -1,305,000 | 1,288,000 | ||||||||||
non-cash investing and financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transfer of loans and leases to foreclosed properties and repossessed assets | 380,000 | 1,183,000 | 742,000 | 6,394,000 | 1,133,000 | 2,351,000 | 607,000 | 611,000 | -412,000 | 362,000 | 213,000 | 709,000 | 219,000 | 678,000 | 151,000 | 216,000 | 2,321,000 | 230,000 | 2,627,000 | 3,216,000 | 1,344,000 | 2,145,000 | 3,735,000 | 2,557,000 | 2,142,000 | 1,780,000 | 1,626,000 | 2,469,000 | 3,336,000 | 1,757,000 | 1,410,000 | 1,852,000 | 1,632,000 | 1,645,000 | 1,640,000 | 2,132,000 | 1,790,000 | 2,070,000 | 2,722,000 | |||||||||||||||||||||||||
transfer of returned lease equipment to assets held for sale | 2,626,000 | 792,000 | 1,524,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transfer of loans and leases to loans held for sale | 319,340,000 | 48,677,000 | 284,806,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of ametros: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tangible assets acquired | 0 | 0 | 256,957,000 | 0 | 0 | 0 | 17,607,000 | -512,101,000 | 0 | 0 | 27,434,111,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill and other intangible assets | 0 | 0 | 417,085,000 | 0 | 0 | 0 | -25,561,000 | 333,000 | 0 | 0 | 2,149,532,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities assumed | 0 | 0 | 299,507,000 | 0 | 0 | 0 | -7,954,000 | 2,368,000 | 0 | 0 | 24,403,343,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
forgiveness of long-term debt | 0 | 0 | 12,875,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pre-existing equity interest | 0 | 0 | 2,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of interlink: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contingent consideration | 0 | 0 | 0 | 16,039,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of bend: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
merger with sterling: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit for credit losses | 188,845,000 | -15,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of mortgage servicing rights | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (gain) on sale, net of write-downs, of foreclosed properties and repossessed assets | 1,019,000 | -557,000 | -476,000 | -323,000 | -120,000 | -592,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on sale, net of write-downs, of property and equipment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (gain) on mortgage banking activities | -907,000 | -51,000 | -91,000 | -77,000 | -51,000 | -26,000 | -106,000 | -397,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (gain) on sale of loans not originated for sale | -137,000 | 22,000 | -650,000 | -95,000 | -187,000 | 38,000 | -1,357,000 | -1,816,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in derivative contract assets and liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (increase) in accrued interest receivable and other assets | -10,591,000 | 129,114,000 | -124,147,000 | -8,150,000 | 6,405,000 | -154,026,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in accrued expenses and other liabilities | 20,043,000 | -103,724,000 | 29,729,000 | -95,151,000 | 27,470,000 | -23,463,000 | 80,876,000 | -13,637,000 | 15,776,000 | -11,625,000 | -31,595,000 | 26,705,000 | -38,531,000 | 15,355,000 | 17,294,000 | 7,125,000 | 2,671,000 | 2,590,000 | 14,054,000 | 48,792,000 | -42,062,000 | 14,552,000 | -10,151,000 | -16,906,000 | -22,761,000 | 32,618,000 | -2,392,000 | 2,062,000 | -1,189,000 | 7,934,000 | -78,902,000 | 60,394,000 | 13,610,000 | 24,767,000 | ||||||||||||||||||||||||||||||
net decrease (increase) in federal home loan bank and federal reserve bank stock | 16,215,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in securities sold under agreements to repurchase and other borrowings | 300,896,000 | -86,089,000 | -62,574,000 | -845,676,000 | -113,584,000 | -480,916,000 | 19,025,000 | 148,747,000 | 8,746,000 | -496,977,000 | -306,467,000 | -386,983,000 | 426,056,000 | 222,318,000 | -170,261,000 | 253,772,000 | 268,855,000 | 106,191,000 | -68,731,000 | 288,030,000 | 13,781,000 | |||||||||||||||||||||||||||||||||||||||||||
transfer of returned finance lease equipment to assets held for sale | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transfer of loans to loans held for sale | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits assumed | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock issued | 0 | 0 | 0 | 5,041,182,000 | -1,000 | 332,000 | 598,000 | 506,000 | -37,431,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock exchanged | 0 | 0 | 0 | 138,942,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(accretion) and amortization of interest-earning assets and borrowings | -4,863,000 | -6,536,000 | -4,388,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of mortgage servicing assets | 352,000 | 368,000 | 341,000 | -1,281,000 | 382,000 | 1,199,000 | 570,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss on sale, net of write-downs, of property and equipment | 1,767,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) on extinguishment of long-term debt | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from federal home loan bank advances | 2,550,000,000 | 0 | 15,450,000,000 | 14,300,000,000 | 8,000,000,000 | 0 | 0 | 100,000,000 | 80,470,000 | 75,000,000 | 325,000,000 | 500,000,000 | 2,950,000,000 | 3,475,000,000 | 2,025,000,000 | 2,300,000,000 | 1,400,000,000 | 3,735,000,000 | 1,225,000,000 | 2,475,000,000 | 1,525,000,000 | 3,010,000,000 | 1,945,000,000 | 3,425,000,000 | 3,875,000,000 | 5,480,000,000 | 4,025,000,000 | 5,580,000,000 | 4,545,000,000 | 4,405,000,000 | 2,925,000,000 | 3,375,000,000 | 2,800,000,000 | 5,019,295,000 | 4,093,584,000 | 1,000,000,000 | 1,026,265,000 | 800,000,000 | 930,000,000 | 45,934,000 | 56,000,000 | 243,000,000 | ||||||||||||||||||||||
repayments of federal home loan bank advances | -5,050,153,000 | -4,250,090,000 | -12,350,091,000 | -12,350,165,000 | -7,000,093,000 | -2,650,093,000 | -94,000 | -102,337,000 | -25,110,000 | -100,110,000 | -75,080,000 | -375,079,000 | -415,078,000 | -1,750,078,000 | -3,125,077,000 | -2,919,373,000 | -2,058,807,000 | -1,825,074,000 | -2,275,078,000 | -3,350,076,000 | -1,360,072,000 | -2,100,074,000 | -2,000,075,000 | -2,840,573,000 | -2,205,073,000 | -3,580,072,000 | -4,795,073,000 | -5,225,072,000 | -3,900,071,000 | -5,480,071,000 | -4,846,005,000 | -4,350,070,000 | -2,825,070,000 | -2,450,069,000 | -4,075,070,000 | -4,450,062,000 | -3,718,626,000 | -1,076,436,000 | -849,032,000 | -700,032,000 | -438,033,000 | -410,425,000 | -102,000 | -213,115,000 | ||||||||||||||||||||
transfer of loans and leases to loans held-for-sale | 107,789,000 | 133,077,000 | 316,596,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from credit losses | -21,500,000 | -25,750,000 | -1,000,000 | 22,750,000 | 40,000,000 | 76,000,000 | 85,000,000 | 85,000,000 | 66,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on disposal of property and equipment | 67,000 | 5,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 0 | 839,943,000 | 0 | 0 | 461,570,000 | 0 | 0 | 263,104,000 | 0 | 0 | 0 | 257,895,000 | 0 | 0 | 0 | 259,208,000 | 0 | 0 | 306,654,000 | 0 | 0 | 311,888,000 | ||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | -1,073,312,000 | 2,434,071,000 | -288,680,000 | 108,592,000 | 793,213,000 | 1,024,266,000 | 208,232,000 | 1,371,661,000 | 21,304,000 | -61,324,000 | 35,184,000 | 267,940,000 | -2,253,000 | -81,201,000 | 45,776,000 | 208,862,000 | -102,285,000 | 49,159,000 | 274,321,000 | -28,294,000 | 24,162,000 | 269,061,000 | ||||||||||||||||||||||||||||||||||||||||||
stock-based compensation expense | 11,646,000 | 10,868,000 | 12,762,000 | 21,466,000 | 9,003,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on sale of investment securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease (increase) in derivative contract assets and liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in accrued interest receivable and other assets | -69,651,000 | 8,596,000 | 13,318,000 | 2,013,000 | 2,682,000 | -5,481,000 | -23,004,000 | 8,767,000 | -24,000 | 1,002,000 | -10,484,000 | -17,381,000 | -6,673,000 | 29,786,000 | -72,259,000 | 2,372,000 | -37,613,000 | 19,254,000 | -33,912,000 | 27,181,000 | 4,653,000 | -11,381,000 | ||||||||||||||||||||||||||||||||||||||||||
net increase in federal home loan bank and federal reserve bank stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid to common shareholders | -70,692,000 | -71,235,000 | -36,234,000 | -36,221,000 | -36,237,000 | -36,241,000 | -36,108,000 | -36,083,000 | -36,076,000 | -36,078,000 | -36,728,000 | -36,812,000 | -36,806,000 | -36,799,000 | -30,366,000 | -29,957,000 | -31,028,000 | -30,073,000 | -23,901,000 | -23,898,000 | -23,870,000 | -23,923,000 | -22,939,000 | -22,874,000 | -22,857,000 | -22,878,000 | -20,913,000 | -21,074,000 | -21,060,000 | -20,801,000 | -18,029,000 | -17,759,000 | ||||||||||||||||||||||||||||||||
dividends paid to preferred shareholders | -4,161,000 | -3,432,000 | -1,969,000 | -1,969,000 | -1,968,000 | -1,969,000 | -1,969,000 | -1,969,000 | -1,968,000 | -1,969,000 | -1,969,000 | -1,969,000 | -1,968,000 | -1,969,000 | -1,969,000 | -1,969,000 | -1,968,000 | -1,969,000 | -1,969,000 | -2,024,000 | -2,024,000 | -2,024,000 | -2,024,000 | -2,024,000 | -2,024,000 | -2,024,000 | -2,024,000 | -2,024,000 | -2,024,000 | -2,024,000 | -2,639,000 | -2,639,000 | ||||||||||||||||||||||||||||||||
transfer of loans and leases to loans-held-for-sale | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unsettled purchases of investment securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(accretion) and amortization of net (premiums) discounts on earnings assets and borrowings | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in loans | -3,971,000 | 89,448,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -2,586,369,000 | -756,651,000 | -391,349,000 | -211,778,000 | 264,626,000 | 31,090,000 | -226,910,000 | -1,046,748,000 | -1,046,041,000 | -606,537,000 | -812,915,000 | -610,801,000 | -519,503,000 | -281,268,000 | -426,947,000 | -294,520,000 | -358,638,000 | -173,764,000 | -266,581,000 | -92,311,000 | 5,436,000 | -711,262,000 | -489,126,000 | -227,370,000 | -207,248,000 | -646,261,000 | -415,454,000 | -646,797,000 | 933,870,000 | -689,092,000 | -301,699,000 | -449,835,000 | -168,645,000 | -469,913,000 | -464,891,000 | -3,460,000 | 83,291,000 | -182,698,000 | 30,329,000 | -547,739,000 | -186,519,000 | 237,953,000 | -391,600,000 | -217,128,000 | -136,277,000 | |||||||||||||||||||
transfer of loans from portfolio to loans-held-for-sale | 49,384,000 | 42,431,000 | 8,655,000 | 706,000 | 11,186,000 | 8,874,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax (benefit) expense | -28,543,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(accretion) and amortization of net discounts / premiums on earning assets and borrowings | -19,854,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (gain) loss on sale, net of write-downs, of foreclosed properties and repossessed assets | -103,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income on sale, net of write-downs, of property and equipment | 1,662,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in loans | -674,472,000 | 187,768,000 | -71,996,000 | -934,368,000 | -863,351,000 | -495,075,000 | -300,283,000 | -485,262,000 | -361,881,000 | -163,614,000 | -302,769,000 | -234,466,000 | -289,165,000 | -102,759,000 | -183,213,000 | -186,912,000 | -76,329,000 | -429,718,000 | -369,501,000 | -425,376,000 | -215,546,000 | -467,995,000 | -449,529,000 | -516,132,000 | -380,155,000 | -428,922,000 | -329,060,000 | -222,173,000 | -246,232,000 | -117,970,000 | -204,952,000 | -30,492,000 | 119,410,000 | -157,218,000 | -198,368,000 | -143,452,000 | -77,761,000 | 3,941,000 | -52,480,000 | -28,295,000 | ||||||||||||||||||||||||
amortization and accretion of net discounts on earnings assets and borrowings | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (gain) on sale and write-downs of foreclosed properties and repossessed assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (gain) loss on sale and write-downs of property and equipment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (gain) on sale of investment securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transfer of loans from portfolio to loans held for sale | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rou lease assets recorded upon adoption of asu no. 2016-02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
lessee operating lease liabilities recorded upon adoption of asu no. 2016-02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax benefit | -6,017,000 | 7,177,000 | -1,554,000 | -10,423,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 8,388,000 | 8,332,000 | 10,351,000 | 9,168,000 | 9,338,000 | 9,047,000 | 9,063,000 | 9,348,000 | 9,275,000 | 9,248,000 | 9,636,000 | 9,759,000 | 9,804,000 | 9,698,000 | 9,489,000 | 9,112,000 | 9,100,000 | 9,323,000 | 9,637,000 | 9,107,000 | 9,412,000 | 9,009,000 | 8,921,000 | 8,687,000 | 9,119,000 | 8,773,000 | 8,099,000 | 7,076,000 | 26,907,000 | 29,864,000 | 26,122,000 | 25,646,000 | 23,481,000 | 21,212,000 | 22,750,000 | 21,966,000 | 18,924,000 | 17,209,000 | 15,682,000 | 14,060,000 | 12,941,000 | 12,038,000 | 13,922,000 | 12,105,000 | 11,935,000 | 13,741,000 | 12,639,000 | 13,115,000 | ||||||||||||||||
amortization of premiums/discounts | 36,336,000 | 30,729,000 | 35,583,000 | 28,751,000 | 19,182,000 | 17,651,000 | 10,345,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale, net of write-down, of foreclosed and repossessed assets | -226,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on disposal of premises and equipment | -36,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of investment securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in cash surrender value of life insurance policies | -3,666,000 | -3,603,000 | -3,533,000 | -3,662,000 | -3,695,000 | -3,624,000 | -3,580,000 | -3,670,000 | -3,708,000 | -3,650,000 | -3,584,000 | -3,693,000 | -3,706,000 | -3,643,000 | -3,572,000 | -3,684,000 | -3,720,000 | -3,648,000 | -3,575,000 | -3,699,000 | -3,743,000 | -3,664,000 | -3,653,000 | -3,383,000 | -3,288,000 | -3,197,000 | -3,152,000 | -3,278,000 | -3,496,000 | -2,680,000 | -2,561,000 | -2,517,000 | -2,609,000 | -2,534,000 | ||||||||||||||||||||||||||||||
gain from life insurance policies | -545,000 | -395,000 | -410,000 | -867,000 | -4,000 | -342,000 | -6,000 | -307,000 | -1,214,000 | -3,348,000 | -64,000 | -1,100,000 | -628,000 | 0 | 0 | 0 | -220,000 | -1,558,000 | ||||||||||||||||||||||||||||||||||||||||||||||
mortgage banking activities | -1,525,000 | -1,319,000 | -2,642,000 | -4,110,000 | -7,087,000 | -4,205,000 | -2,893,000 | -2,286,000 | -2,133,000 | -932,000 | -764,000 | -740,000 | -1,305,000 | -1,235,000 | -1,144,000 | -1,899,000 | -2,421,000 | -3,351,000 | -2,266,000 | -2,253,000 | -3,276,000 | -2,945,000 | -2,629,000 | |||||||||||||||||||||||||||||||||||||||||
net decrease in right-of-use lease assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease (increase) in derivative contract assets net of liabilities | 34,232,000 | -21,791,000 | 128,550,000 | 15,832,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of banking centers | -253,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of available-for-sale investment securities | -353,534,000 | -212,900,000 | -291,386,000 | -404,676,000 | -106,898,000 | -356,977,000 | -122,353,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from available-for-sale investment securities maturities/principal repayments | 219,393,000 | 255,122,000 | 255,362,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of available-for-sale investment securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of held-to-maturity investment securities | -428,278,000 | -419,049,000 | -356,624,000 | -292,000,000 | -476,302,000 | -157,298,000 | -371,935,000 | -281,627,000 | -722,859,000 | -297,448,000 | -269,670,000 | -126,709,000 | -92,780,000 | -64,281,000 | -457,529,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from held-to-maturity investment securities maturities/principal repayments | 312,891,000 | 351,126,000 | 343,825,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from federal home loan bank/federal reserve bank stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
alternative investments capital calls, net of distributions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from loans not originated for sale | 12,152,000 | 32,335,000 | 16,787,000 | 2,783,000 | 2,808,000 | 3,216,000 | 390,000 | 389,000 | 530,000 | 15,617,000 | 4,395,000 | 1,013,000 | 640,000 | 0 | 34,000 | 7,234,000 | 0 | 0 | 7,445,000 | 0 | 32,915,000 | |||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of foreclosed and repossessed assets | 762,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of banking centers | 499,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additions to premises and equipment | -3,822,000 | -3,727,000 | -3,680,000 | -7,264,000 | -6,199,000 | -4,269,000 | -3,548,000 | -6,946,000 | -6,073,000 | -6,735,000 | -5,963,000 | -7,477,000 | -9,418,000 | -10,283,000 | -5,780,000 | -8,512,000 | -6,642,000 | -6,160,000 | -7,232,000 | |||||||||||||||||||||||||||||||||||||||||||||
common shares purchased related to stock compensation plan activity | -260,000 | -103,000 | -3,908,000 | -156,000 | -59,000 | -3,160,000 | -44,000 | -134,000 | -6,111,000 | -5,597,000 | -1,928,000 | -6,164,000 | -12,000 | -291,000 | -8,992,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
noncash investing and financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transfer of loans from loans and leases to loans-held-for-sale | 26,528,000 | 31,808,000 | 16,587,000 | 2,769,000 | 2,822,000 | 214,000 | 530,000 | 15,002,000 | 436,000 | 447,000 | 0 | 35,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax expense | 2,820,000 | 13,192,000 | -2,720,000 | 3,133,000 | -9,425,000 | 9,939,000 | -3,666,000 | 1,286,000 | -5,833,000 | -3,729,000 | -7,060,000 | 7,548,000 | 3,275,000 | 3,793,000 | -6,215,000 | 16,847,000 | 10,138,000 | 6,800,000 | -4,149,000 | 1,031,000 | 17,310,000 | 6,466,000 | 7,803,000 | |||||||||||||||||||||||||||||||||||||||||
net change in right-of-use lease assets | 1,278,000 | 58,000 | 19,234,000 | 5,239,000 | 6,055,000 | -2,660,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in federal home loan bank/federal reserve bank stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
alternative investments capital call | -2,042,000 | -3,526,000 | -4,821,000 | -6,320,000 | 1,089,000 | -2,192,000 | -2,616,000 | -700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease (increase) in loans | -217,668,000 | 302,554,000 | 203,533,000 | 214,879,000 | 49,335,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale, net of write-down, on foreclosed and repossessed assets | 29,000 | -865,000 | -409,000 | -301,000 | -363,000 | 98,000 | -192,000 | -178,000 | -457,000 | 36,000 | -454,000 | -202,000 | -89,000 | -233,000 | -237,000 | -240,000 | -74,000 | -232,000 | 47,000 | -242,000 | -67,000 | -538,000 | 536,000 | -238,000 | ||||||||||||||||||||||||||||||||||||||||
loss on sale/write-down on premises and equipment | 197,000 | 921,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on the sale of investment securities | 0 | 0 | 0 | -8,000 | 0 | 0 | -94,000 | -320,000 | -80,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in accrued expenses and other liabilities | -39,873,000 | 35,151,000 | -6,795,000 | 1,569,000 | -25,193,000 | 26,325,000 | -36,606,000 | -12,778,000 | 9,319,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in federal home loan bank/federal reserve bank stock | -80,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of foreclosed and repossessed assets | 44,000 | 3,380,000 | 2,031,000 | 2,636,000 | 2,710,000 | 2,630,000 | 5,561,000 | 3,245,000 | 1,853,000 | 1,948,000 | 2,280,000 | 2,086,000 | 1,285,000 | 2,229,000 | 2,688,000 | 1,983,000 | 1,442,000 | 2,942,000 | 3,399,000 | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of premises and equipment | 250,000 | 225,000 | 1,175,000 | 1,675,000 | 0 | 800,000 | 0 | 0 | 0 | 650,000 | 924,000 | -25,000 | 519,000 | 371,000 | 516,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax (benefit) expense | -1,260,000 | -2,956,000 | -20,502,000 | -6,518,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in derivative contract assets net of liabilities | 54,311,000 | 84,133,000 | -67,062,000 | -189,718,000 | 41,225,000 | -49,479,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of banking center deposits | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease (increase) in accrued interest receivable and other assets | 2,304,000 | 8,598,000 | 9,308,000 | 5,447,000 | 2,601,000 | 322,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from available-for-sale investment securities maturities/principal payments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from held-to-maturity investment securities maturities/principal payments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from sale of federal home loan bank/federal reserve bank stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of foreclosed properties and repossessed assets | 1,191,000 | 4,016,000 | 1,720,000 | 3,426,000 | 2,307,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
divestiture of banking center deposits, net cash paid | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of long-term debt | 0 | 0 | 0 | 300,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
right-of-use lease assets recorded upon asu adoption | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
lessee operating lease liabilities recorded upon asu adoption | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
origination of loans held for sale | -149,091,000 | -115,666,000 | -59,562,000 | -72,670,000 | -40,908,000 | -33,168,000 | -55,005,000 | -43,563,000 | -43,131,000 | -79,998,000 | -74,453,000 | -72,984,000 | -138,410,000 | -108,838,000 | -73,491,000 | -116,984,000 | -147,370,000 | -86,882,000 | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from available-for-sale investment securities maturities/principle repayments | 155,868,000 | 141,856,000 | 124,848,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of available for sale investment securities | 0 | 0 | 8,963,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from held-to-maturity investment securities maturities/principle repayments | 272,618,000 | 210,871,000 | 172,032,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from federal home loan bank stock | 4,884,000 | 46,832,000 | 7,719,000 | -32,062,000 | 1,387,000 | -11,697,000 | 42,612,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | -2,253,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale, net of write-down, on premises and equipment | 156,000 | 100,000 | 731,000 | 36,000 | 446,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from loan and lease losses | 6,000,000 | 11,300,000 | 10,000,000 | 10,500,000 | 10,500,000 | 11,000,000 | 7,250,000 | 10,500,000 | 12,500,000 | 14,250,000 | 14,000,000 | 15,600,000 | 13,800,000 | 9,750,000 | 9,500,000 | 7,500,000 | 5,000,000 | 5,000,000 | 4,000,000 | 2,500,000 | ||||||||||||||||||||||||||||||||||||||||||||
gain on sale, net of write-down, on premises and equipment | 1,110,000 | -693,000 | -308,000 | 288,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment loss on securities recognized in earnings | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from available-for-sale investment securities maturities/principle payments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from held-to-maturity investment securities maturities/principle payments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
alternative investments (capital call) return of capital | -2,025,000 | 118,000 | -364,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from redemption of other assets | 0 | 0 | 0 | 7,581,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of series e preferred stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of series f preferred stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
right-of-use lease assets recorded | 0 | 0 | 0 | 157,234,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
lessee operating lease liabilities recorded | 594,000 | 0 | 0 | 178,208,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of premium/discount on earning assets and funding | 13,882,000 | 12,181,000 | 10,604,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in right-of-use lease assets | -3,386,000 | -234,000 | -654,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of available for sale investment securities | -95,206,000 | -129,168,000 | -126,717,000 | -305,533,000 | -203,122,000 | -251,920,000 | -198,833,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from maturities and principal payments of available for sale investment securities | 142,412,000 | 170,099,000 | 81,858,000 | 189,525,000 | 144,948,000 | 111,231,000 | 381,557,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from maturities and principal payments of held-to-maturity investment securities | 158,268,000 | 133,779,000 | 108,732,000 | 143,292,000 | 137,503,000 | 133,692,000 | 168,216,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
webster financial corporation and subsidiariescondensed consolidated statements of cash flows (unaudited), continued | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and due from banks and interest-bearing deposits | 85,351,000 | -3,179,000 | -108,840,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and due from banks and interest-bearing deposits at beginning of period | 0 | 0 | 329,499,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and due from banks and interest-bearing deposits at end of period | 85,351,000 | -3,179,000 | 220,659,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for loan and lease losses | 8,600,000 | 13,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in derivative contract assets net of liabilities | -45,896,000 | 11,744,000 | 21,528,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of earning assets and funding premium/discount | 12,955,000 | 13,631,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on redemption of other assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in interest-bearing deposits | 30,669,000 | -29,092,000 | -24,755,000 | -20,271,000 | 4,488,000 | -8,689,000 | -27,301,000 | -8,822,000 | -52,171,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from maturities and principal payments of available-for-sale securities | 98,848,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of available-for-sale securities | 60,327,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from maturities and principal payments of held-to-maturity securities | 175,881,000 | 278,440,000 | 218,717,000 | 171,797,000 | 126,999,000 | 142,352,000 | 174,480,000 | 220,401,000 | 143,891,000 | 143,438,000 | 224,833,000 | 204,956,000 | 195,153,000 | 171,539,000 | 186,553,000 | 160,429,000 | 112,236,000 | 119,500,000 | 111,466,000 | 133,383,000 | 147,499,000 | 95,031,000 | 47,677,000 | 71,018,000 | 45,234,000 | 0 | 55,783,000 | 41,597,000 | ||||||||||||||||||||||||||||||||||||
net proceeds from (purchase of) federal home loan bank stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
webster financial corporation and subsidiariesconsolidated statements of cash flows, continued | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in securities sold under agreements to repurchase and other borrowings | 17,386,000 | -259,633,000 | 30,210,000 | 65,119,000 | -141,953,000 | 148,821,000 | -98,986,000 | -10,458,000 | -241,251,000 | -166,879,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess tax benefits from stock-based compensation | 841,000 | 122,000 | 282,000 | 1,959,000 | 207,000 | 204,000 | 818,000 | 1,109,000 | 93,000 | -509,000 | 773,000 | -54,000 | -1,022,000 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
common stock warrants repurchased | 0 | 0 | 0 | -163,000 | 0 | -3,000 | -48,000 | -39,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and due from banks | 38,188,000 | -6,394,000 | 15,914,000 | -16,564,000 | -9,326,000 | -24,975,000 | -28,320,000 | -27,574,000 | 54,416,000 | 87,727,000 | -32,673,000 | 24,202,000 | -22,930,000 | 27,181,000 | 10,842,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash and due from banks at beginning of period | 0 | 0 | 0 | 231,158,000 | 0 | 0 | 0 | 190,663,000 | 0 | 0 | 0 | 199,693,000 | 0 | 0 | 0 | 261,544,000 | 0 | 0 | 0 | 195,957,000 | 159,849,000 | 0 | 171,184,000 | |||||||||||||||||||||||||||||||||||||||||
cash and due from banks at end of period | 38,188,000 | -6,394,000 | 63,701,000 | 164,927,000 | 15,914,000 | -16,564,000 | 47,764,000 | 184,044,000 | -9,326,000 | -24,975,000 | 26,790,000 | 198,174,000 | -640,000 | 46,248,000 | -28,320,000 | 233,970,000 | 54,416,000 | -32,673,000 | 24,202,000 | 173,027,000 | 170,691,000 | 21,425,000 | 158,065,000 | |||||||||||||||||||||||||||||||||||||||||
write-down, net on premises and equipment | 42,000 | 196,000 | 57,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment loss on investment securities recognized in earnings | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds of federal home loan bank stock | 7,553,000 | -15,965,000 | 26,238,000 | 19,165,000 | 8,052,000 | 31,089,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
alternative investments return of capital | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of earning assets and funding, premiums/discounts | 13,235,000 | 13,390,000 | 10,051,000 | 9,668,000 | 13,619,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash and due from banks | -66,231,000 | -6,619,000 | -1,519,000 | -13,119,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain on sale) write-down, net on premises and equipment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in interest-bearing deposits | 1,364,000 | 128,102,000 | 122,152,000 | 228,117,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds (purchase) of federal home loan bank stock | -4,067,000 | -3,990,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
alternative investments return of capital (capital call) | 766,000 | -189,000 | -267,000 | 563,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of life insurance policies | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of business, net cash acquired | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits assumed in business acquisition | 0 | 0 | 0 | 1,446,899,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock conversion | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
write-down (gain on sale), net on premises and equipment | -341,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
write-down on premises and equipment | 530,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of available for sale securities | -52,031,000 | -186,183,000 | -238,560,000 | -190,431,000 | -287,568,000 | -212,948,000 | -236,668,000 | -194,898,000 | -375,068,000 | -197,356,000 | -436,757,000 | -549,672,000 | -84,144,000 | -117,198,000 | -528,208,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from maturities and principal payments of available for sale securities | 160,350,000 | 158,768,000 | 145,797,000 | 125,534,000 | 104,760,000 | 209,763,000 | 137,874,000 | 227,318,000 | 243,692,000 | 209,283,000 | 174,454,000 | 162,620,000 | 214,698,000 | 156,200,000 | 164,095,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of available for sale securities | 279,000 | 215,793,000 | 43,211,000 | 2,500,000 | 35,284,000 | 27,859,000 | -1,000 | 102,368,000 | 0 | 91,921,000 | 146,612,000 | 120,622,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease (increase) in interest-bearing deposits | 13,398,000 | -6,165,000 | 4,323,000 | 18,141,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (purchase) proceeds of federal home loan bank stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock repurchased | -11,206,000 | 0 | -9,939,000 | 0 | -2,625,000 | 0 | -51,235,000 | -331,000 | -34,000 | -1,643,000 | -328,000 | -237,000 | -288,000 | -640,000 | -101,000 | -15,000 | -36,000 | -262,000 | -33,000 | -96,000 | -253,000 | -42,434,000 | -49,014,000 | -85,476,000 | -1,556,000 | |||||||||||||||||||||||||||||||||||||||
shares acquired related to employee share-based compensation plans | -4,425,000 | -935,000 | -242,000 | -695,000 | -3,379,000 | -108,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative contract assets and liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of premises and equipment | -10,611,000 | -8,198,000 | -12,441,000 | -9,314,000 | -10,952,000 | -7,412,000 | -8,437,000 | -10,131,000 | -7,439,000 | -6,866,000 | -5,201,000 | -2,477,000 | -9,159,000 | -6,754,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of earning assets and funding, premium/discount | 15,234,000 | 12,215,000 | 14,381,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on sale, net of write-down, on foreclosed and repossessed assets | -378,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment loss recognized in earnings | 149,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on sale, net of write-down, on premises and equipment | -373,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain, net on sale of loans held for sale | -2,276,000 | -1,441,000 | -2,517,000 | -1,561,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of business, net of cash acquired | 0 | 0 | 1,396,414,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on the sale of investment securities | -43,000 | -1,121,000 | 0 | -810,000 | -2,176,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net purchase of federal home loan bank stock | -22,116,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on alternative investments | -71,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on fair value adjustment of futures contracts derivatives | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of preferred stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on fair value adjustment of derivative instruments | 36,000 | 2,000 | 119,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of loans held for sale | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transfer of loans and leases, net to foreclosed properties and repossessed assets | 2,065,000 | 1,818,000 | 1,148,000 | 2,508,000 | 1,480,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to webster financial corporation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations, net of tax | 0 | 1,995,000 | -11,000 | 0 | -2,124,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations | 48,526,000 | 44,993,000 | 17,645,000 | 1,421,000 | -13,684,000 | -19,242,000 | -31,860,000 | -11,126,000 | -300,509,000 | -16,236,000 | -28,501,000 | 26,489,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile income from continuing operations to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on sale net of write-down, on foreclosed and repossessed assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale and write-down on premises and equipment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on fair value adjustment of alternate investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in trading securities | 11,554,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale for loans held for sale | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net purchase of federal home loan bank and federal reserve board stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of subsidiary preferred stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends paid to common shareholders | -8,761,000 | -8,758,000 | -8,771,000 | -4,377,000 | -4,371,000 | -871,000 | -787,000 | -782,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends paid to preferred shareholders of consolidated subsidiary | -179,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends paid to preferred shareholders | -615,000 | -615,000 | -615,000 | -615,000 | -614,000 | -615,000 | -4,191,000 | -5,414,000 | -6,244,000 | -6,201,000 | -9,779,000 | -9,446,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of common stock | 153,000 | 157,000 | 151,000 | 99,000 | 99,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from discontinued operations: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating activities | 0 | 1,995,000 | -11,000 | 0 | 8,000 | -518,000 | -2,382,000 | 241,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from discontinued operations | 0 | 1,995,000 | -11,000 | 0 | 8,000 | -518,000 | 3,538,000 | 18,241,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and due from banks at beginning of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and due from banks at end of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on sale and write-down of foreclosed and repossessed assets | -421,000 | -439,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
write-down of premises and equipment | 1,403,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of premises and equipment | 85,000 | 430,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on write-down of investments to fair value | 1,188,000 | 3,680,000 | 129,593,000 | 33,507,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on fair value adjustment of private equities | 79,000 | 478,000 | -597,000 | 760,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease (increase) in trading securities | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in loans held for sale | -7,552,000 | 11,817,000 | -29,613,000 | -2,224,000 | 76,931,000 | -65,060,000 | -24,352,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of federal home loan bank and federal reserve board stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in securities sold under agreements to repurchase and other short-term borrowings | -233,855,000 | 106,637,000 | -65,211,000 | 103,883,000 | -142,589,000 | -131,273,000 | -423,639,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of preferred stock | 0 | -100,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
warburg investment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of federal home loan bank and federal reserve board stock | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of life insurance | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
retained earnings | 35,707,000 | 27,141,000 | 776,968,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest and fees on loans and leases | -1,581,000 | 368,000 | 121,231,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net interest income | 264,000 | 668,000 | 139,449,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loan related fees | 404,000 | 1,590,000 | 4,829,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total non-interest income | -812,000 | 2,716,000 | 44,302,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income before taxes | 8,295,000 | 5,448,000 | 44,626,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income after taxes | 8,172,000 | 1,907,000 | 32,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 100 | 0 | 380 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 90 | 0 | 360 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on fair value adjustment of derivative instruments | -61,000 | -156,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations income from continuing operations | 38,938,000 | 32,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale and write-down of foreclosed and repossessed assets | -784,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of premises and equipment | 104,000 | -49,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of fhlb and frb stock | 1,279,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans | 11,014,050,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax asset | 95,209,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of branch | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of subsidiary stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on early extinguishment of subordinated notes | -1,489,000 | 0 | 0 | -4,504,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on exchange of trust preferred securities for common stock | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
warrants—fair value adjustment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale and write-down of foreclosed and repossessed assets | 1,124,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on fair value adjustment of direct investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (gain) loss on the sale of investment securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of fhlb and frb stock | -3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of branch deposits | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of subsidiary | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
conversion of series a preferred stock | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on early extinguishment of fair value hedge of subordinated debt | 0 | 0 | 0 | 1,489,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mortgage loans securitized and transferred to mortgage-backed securities -government sponsored enterprises (“gse”) held-to-maturity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of loan to finance sale of subsidiary | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transfer of loans held for sale to loan portfolio | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on fair value adjustment of direct investments | -1,103,000 | -1,249,000 | -694,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease (increase) in loans held for sale | 41,415,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of premises and equipment | 769,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in deposits | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in securities sold under agreements to repurchase and other short-term debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dissolution of joint venture | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
available for sale: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
u.s. treasury bills | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
agency collateralized mortgage obligations (“cmos”) - gse | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pooled trust preferred securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
single issuer trust preferred securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities-financial institutions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mortgage-backed securities - gse | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commercial mortgage-backed securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total available for sale | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
held to maturity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
municipal bonds and notes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
private label mbs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total held to maturity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total investment securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
consolidated net income | 34,295,000 | 17,645,000 | 1,421,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from loan losses | 10,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (gain) loss on the sale of foreclosed properties | -315,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of foreclosed properties | 4,348,000 | 6,104,000 | 3,842,000 | 7,735,000 | 12,759,000 | 8,624,000 | 3,165,000 | 6,146,000 | 4,318,000 | 4,522,000 | 1,333,000 | 4,114,000 | 367,000 | 961,000 | 753,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in securities sold under agreements to repurchase and other short-term debt | -234,084,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends paid to preferred shareholders of consolidated affiliate | -216,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | -66,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transfer of loans and leases, net to foreclosed properties | 4,283,000 | 7,390,000 | 1,348,000 | 19,147,000 | 10,922,000 | 10,331,000 | 16,544,000 | 11,713,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
three months ended march 31, 2011 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
beginning balance | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
facility consolidation | 273,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total accrued | 273,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments related to: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
severance and other employee related costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total payments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring and repositioning reserve balance | 273,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreclosed and repossessed asset write-downs | 892,000 | 2,061,000 | 2,746,000 | 2,075,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill impairment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in trading securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of subsidiary | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of preferred stock, net of issuance costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of discontinued operations | 18,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mortgage loans securitized and transferred to mortgage-backed securities—government sponsored enterprises ("gse") held-to-maturity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transfer of loans-held-for-sale to loan portfolio | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for loan losses | 32,000,000 | 43,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss on the sale of investment securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on assets classified as trading | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in loans held for sale | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit for treasury stock repurchases | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transfer of loans and leases, net to repossessed assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
write-down of fixed assets | 9,000 | 1,561,000 | -489,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on the sale of securities | -4,318,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss on trading securities | -92,000 | -220,000 | -38,000 | 105,000 | -39,000 | 118,000 | -37,000 | 121,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in cash surrender value of life insurance | -1,300,000 | -2,680,000 | -2,692,000 | -2,665,000 | -2,592,000 | -2,631,000 | -2,606,000 | -2,623,000 | -2,581,000 | -2,635,000 | -2,631,000 | -2,586,000 | -2,534,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of fixed assets | 675,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of fixed assets | -2,575,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (decrease) in securities sold under agreements to repurchase and other short-term debt | -6,489,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on exchange of trust securities for common stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
warrants – fair value adjustment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on webster capital trust i and ii securities | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt redemption premium | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in trading assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
life insurance gain | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in short-term investments | 11,726,000 | 2,212,000 | -15,705,000 | -3,453,000 | 1,046,000 | 1,070,000 | -2,061,000 | 169,487,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(purchases) sales of federal home loan bank and federal reserve bank stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
life insurance proceeds | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net purchases of premises and equipment, net of sales proceeds | -9,762,000 | -8,684,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
conversion of preferred stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
warburg investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mortgage loans securitized and transferred to mortgage-backed securities – government sponsored enterprises (“gse”) held-to-maturity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transfer of property from premises and equipment to assets held-for-disposition | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
extinguishment of junior subordinated notes through issuance of common stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
carrying value of junior subordinated notes extinguished | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value of common stock issued | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
recognition of deferred gain on cash flow hedge | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
conversion of series a preferred stock: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
carrying value of series a preferred stock converted, net of cash paid upon conversion | -33,007,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
conversion of series c preferred stock: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
carrying value of series c preferred stock converted | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value of warrants reclassified from liability to equity on december 10, 2009 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale transactions: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value of noncash assets sold | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value of liabilities extinguished | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment losses on investment securities | 1,290,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income on the sale of investment securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in trading securities | 0 | -1,000 | 77,000 | 1,212,000 | 1,186,000 | -1,666,000 | -9,355,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
death benefits | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in prepaid expenses and other assets | -39,918,000 | -29,660,000 | -15,414,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in short-term investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of securities, available for sale | -548,552,000 | -334,869,000 | -353,222,000 | -489,543,000 | -88,841,000 | -161,006,000 | -178,432,000 | -312,106,000 | -60,875,000 | -86,635,000 | -153,946,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from maturities and principal payments of securities, available for sale | 75,904,000 | 51,655,000 | 47,430,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of securities, available for sale | 6,981,000 | 8,027,000 | 402,309,000 | 2,822,000 | 9,382,000 | 4,763,000 | 1,514,000 | -26,638,000 | 7,856,000 | 2,608,000 | 27,199,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from fhlb advances | 32,000,000 | 90,476,000 | 9,329,810,000 | 36,295,000,000 | 48,856,627,000 | 12,821,925,000 | 15,454,000,000 | 9,874,400,000 | 822,510,000 | 11,551,916,000 | 163,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of fhlb advances | -30,102,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance costs for series b preferred stock | 0 | 0 | -24,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of series a preferred stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends to common shareholders | -681,000 | -526,000 | -529,000 | -15,803,000 | -15,765,000 | -15,748,000 | -15,747,000 | -16,045,000 | -16,317,000 | -16,949,000 | -15,249,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends to preferred shareholders of consolidated affiliate | -215,000 | -215,000 | -216,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mortgage loans securitized and transferred to mortgage-backed securities - government sponsored enterprises (“gse”) held-to-maturity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transfer of property from premises and equipment to assets held for disposition | 4,671,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transfer of loans and leases, net to assets held for disposition | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transfer of deposits to liabilities held for disposition | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unsettled trade to sell securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unsettled trade to acquire brokered deposit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net change in cash and cash equivalents | 45,776,000 | -50,346,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mortgage loans securitized and transferred to mortgage-backed securities - gse held-to-maturity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income on sale of foreclosed properties | 390,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
write-down of foreclosed property | 3,450,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on available for sale securities | -4,458,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of other securities | -2,664,000 | -14,997,000 | -6,251,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net purchases of premises and equipment proceeds sales | -5,632,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in fhlb advances | -9,993,703,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of intangible assets | 1,463,000 | 1,464,000 | 1,464,000 | 1,548,000 | 1,404,000 | 2,153,000 | 3,344,000 | 3,473,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss on sale of foreclosed properties | 2,537,000 | 1,499,000 | 412,000 | 513,000 | 20,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of goodwill | 188,866,000 | 1,013,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss on sale of securities | 4,325,000 | 316,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on sale of loans and loan servicing | -336,000 | -50,000 | -104,000 | -740,000 | -1,276,000 | -1,849,000 | -3,962,000 | -2,229,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans originated for sale | -25,741,000 | -24,829,000 | -24,198,000 | -133,612,000 | -579,309,000 | -624,236,000 | -887,900,000 | -744,914,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of loans originated for sale | 23,852,000 | 25,604,000 | 28,553,000 | 347,697,000 | 570,676,000 | 787,317,000 | 878,680,000 | 645,908,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in interest receivable | 1,523,000 | -2,770,000 | 4,533,000 | 2,839,000 | 6,222,000 | -1,576,000 | 1,800,000 | 3,687,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in prepaid expenses and other assets | -72,145,000 | -4,174,000 | 8,543,000 | -5,947,000 | 3,835,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from surrender of life insurance contracts | -2,000 | 2,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contribution to stock purchased by the employee stock purchase plan | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from maturities and principal repayments of securities, available for sale | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(purchase) proceeds from sales of federal home loan bank and federal reserve stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from maturities and principal repayments of held-to-maturity securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from sale of mortgage loans | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net purchases of premises and equipment | -11,063,000 | -6,941,000 | -7,107,000 | -8,623,000 | -7,496,000 | -11,952,000 | -6,537,000 | -8,555,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash received due to acquisitions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of fhlb advances | -36,314,104,000 | -48,919,435,000 | -12,270,130,000 | -15,636,844,000 | -9,449,859,000 | -724,746,000 | -11,675,189,000 | -581,498,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in securities sold under agreements to repurchase and other short-term borrowings | -117,284,000 | 414,184,000 | -366,690,000 | 404,012,000 | -43,567,000 | 50,633,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other long-term debt issued | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of other long-term debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends to preferred shareholders | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in cash and cash equivalents | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosures: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental schedule of noncash investing and financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mortgage loans securitized and transferred to mortgage-backed securities held-to-maturity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
residential construction loans held-for-sale transferred to residential construction loan portfolio | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase transactions: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value of noncash assets acquired | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value of liabilities assumed | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (loss ) income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss from discontinued operations, net of tax | -518,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from maturities and principal payments of securities available for sale | -5,969,000 | 11,963,000 | 9,120,000 | 603,000 | 62,168,000 | 234,807,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of preferred stock | -98,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of long term debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on long term debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosures of cash flow information: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contingent consideration in a business combination | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (loss )income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income from continuing operations to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on sale of securities | -156,000 | -600,000 | -466,000 | -662,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in trading securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceed from sale of discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess tax benefit from stock-based compensation | -1,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on write-down to fair value of direct investments | 709,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided (used) by operating activities | 263,002,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of other securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used) provided by investing activities | -308,469,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used) provided by financing activities | -5,107,000 | -279,805,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in cash and cash equivalents | -32,333,000 | -42,827,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on write-down of securities available for sale to fair value | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on write-down of direct investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of federal home loan bank and federal reserve stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of federal home loan bank and federal reserve stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of held-to-maturity securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used) provided by discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transfer of loans to foreclosed properties | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reclassification of reserve for unfunded credit commitments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
residential construction loans held-for-sale transferred to portfolio | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on sale of foreclosed properties | -5,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accrued expenses and other liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
company contribution to stock purchased by the employee stock purchase plan | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in short-term investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in federal funds purchased and securities sold under agreement to repurchase | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt issued | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess tax benefit from stock options exercised | 8,000 | 238,000 | 748,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for deferred taxes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used) provided by operating activities | -24,477,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided (used) by investing activities | 261,455,000 |