Cash flow Statement (Quarterly, GAAP
in millions $) |
(Dec 31 2023) 12 Months |
(Sep 30 2023) 9 Months |
(Jun 30 2023) 6 Months |
(Mar 31 2023) 3 Months |
(Dec 31 2022) 12 Months |
Income |
392.93 |
306.69 |
208.23 |
102.96 |
305.26 |
Depreciation & amortization |
30.93 |
22.68 |
14.78 |
7.72 |
31.86 |
Amortization of Other Assets |
16.49 |
12.44 |
8.22 |
3.84 |
20.34 |
Extraordinary Item, Gain (Loss), Insurance Assets, Accretion Expense
|
- |
- |
- |
- |
- |
Business Combination, Bargain Purchase, Gain Recognized, Amount |
- |
- |
- |
- |
- |
Provision for Loan, Lease, and Other Losses |
- |
- |
- |
- |
- |
Inventories Decrease /-Increase |
- |
- |
- |
- |
- |
R & D, Environmental and Other Expense |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property |
-2.12 |
-1.48 |
-1.38 |
-0.15 |
-0.70 |
Share-based Compensation |
9.27 |
7.08 |
4.84 |
2.51 |
9.13 |
Income (Loss) from Equity Method Investments |
- |
- |
- |
- |
- |
Payments for Origination of Mortgage Loans Held-for-sale |
-480.85 |
-365.41 |
-212.93 |
-90.47 |
-510.14 |
Provision For Loan Losses Expensed |
6.30 |
3.50 |
1.20 |
- |
45.17 |
Investment Income Amortization Of Premium |
- |
- |
- |
- |
- |
Fair Value Adjustment For Marketable Securities |
6.12 |
10.63 |
11.41 |
2.30 |
-0.32 |
Provision For Credit Losses Including Credit Losses On Investment Securities |
- |
- |
- |
- |
- |
Provision For Loan Losses Expensed On Unfunded Commitments |
-1.50 |
- |
- |
- |
- |
Bank Owned Life Insurance Income |
-8.26 |
-5.83 |
-3.17 |
-12.84 |
-8.27 |
Income taxes |
-4.08 |
0.86 |
-1.26 |
0.18 |
2.21 |
Losses/ -gains on Investments net |
- |
- |
- |
- |
- |
Increase (Decrease) in Accrued Interest Receivable, Net |
-15.77 |
-7.75 |
2.13 |
0.46 |
-24.47 |
Accounts Payable |
- |
- |
- |
- |
- |
Accrued Expense |
- |
- |
- |
- |
- |
Deferred Revenue and Customer Advances and Deposits |
- |
- |
- |
- |
- |
Prepaid Expense and Other Assets |
- |
- |
- |
- |
- |
Other Working Capital |
-2.38 |
-27.30 |
-32.16 |
15.91 |
31.94 |
Other Noncash Items |
- |
- |
- |
- |
- |
Other net |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
428.34 |
313.72 |
166.29 |
65.55 |
501.23 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
379.67 |
264.17 |
165.06 |
117.95 |
413.17 |
Capital Expenditures |
-8.55 |
-6.78 |
-1.43 |
-2.40 |
-9.02 |
Sale of Capital Items |
- |
- |
- |
- |
- |
Short-term Investments Proceeds |
603.81 |
508.60 |
410.09 |
331.92 |
1,065.43 |
Payments to Acquire Available-for-sale Securities, Debt |
-9.89 |
-8.43 |
-3.93 |
- |
-1,932.58 |
Proceeds from Sale of Foreclosed Assets |
1.29 |
0.85 |
0.48 |
0.16 |
2.32 |
Proceeds From Sale Of Sba Loans |
3.45 |
2.34 |
2.34 |
3.75 |
2.86 |
Cash Acquired In Acquisition |
- |
- |
- |
- |
- |
Death Benefits Received |
- |
- |
- |
- |
- |
Proceeds From Payments For Market Acquisitions |
- |
- |
- |
- |
- |
Return Of Investment On Cash Value Of Life Insurance |
- |
- |
- |
- |
- |
Proceeds From Qualified Sale Of Investment Securities Held To Maturity |
- |
- |
- |
- |
- |
Proceeds Payments From Sale Of Equity Securities |
- |
- |
- |
- |
- |
Payments To Acquire Equity Securities |
- |
- |
- |
-49.98 |
-29.98 |
Payments To Acquire Equity Securities Fv Ni |
- |
- |
- |
- |
- |
Payments For Loan Portfolio |
- |
- |
- |
-242.62 |
-242.62 |
Restricted Cash and Investments Increase (Decrease) |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Loans and Leases |
-9.04 |
181.51 |
270.33 |
43.89 |
-673.88 |
Payments for (Proceeds from) Deposits |
- |
- |
- |
- |
- |
Payments For Proceeds From Other Investments |
-3.36 |
-1.80 |
-0.13 |
5.24 |
-60.89 |
Increase (Decrease) in Federal Funds Sold |
-5.10 |
-3.93 |
-1.55 |
- |
- |
Payments to Acquire Businesses, Net of Cash Acquired |
- |
- |
- |
- |
858.58 |
Interest in Subsidiaries and Affiliates |
- |
- |
- |
- |
- |
Proceeds from Divestiture of Businesses |
- |
- |
- |
- |
- |
Accounts payable |
- |
- |
- |
- |
- |
Receivables |
- |
- |
- |
- |
- |
Proceeds from Life Insurance Policies |
3.81 |
3.81 |
2.91 |
- |
0.28 |
Other Net |
1.52 |
1.52 |
1.52 |
- |
13.78 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
578.46 |
678.81 |
680.62 |
381.14 |
-1,024.27 |
Short-term debt Net |
- |
- |
- |
- |
- |
Other borrowing transactions |
- |
- |
- |
- |
- |
Long-term debt - borrowings |
- |
- |
- |
- |
296.32 |
Long-term debt - repayments |
- |
- |
- |
- |
-300.00 |
Proceeds from (Payments for) in Securities Sold under Agreements to Repurchase |
10.94 |
28.97 |
29.20 |
7.60 |
-9.74 |
Issuances/ -repurchases
of Comm. Stock |
-47.97 |
-30.58 |
-24.99 |
-13.45 |
-70.70 |
Partnership and Parent Transactions |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
-96.50 |
Increase (Decrease) in Deposits |
-1,151.07 |
-1,420.04 |
-941.89 |
-493.32 |
-2,177.06 |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
0.00 |
351.55 |
51.55 |
- |
0.00 |
Net Increase Decrease In Fhlb And Other Borrowed Funds Net Of Acquired |
- |
- |
- |
- |
- |
Disgorgement Of Profit Or Loss Financing Activities |
- |
- |
- |
- |
- |
Proceeds From Issuance Of Preferred Stock And Warrant |
- |
- |
- |
- |
- |
Repurchase Of Preferred And Common Stock Warrant |
- |
- |
- |
- |
- |
Payments For Disgorgement Of Profits |
- |
- |
- |
- |
- |
Increase Decrease In Loans From Federal Home Loan Bank |
- |
- |
- |
- |
- |
Proceeds From Disgorgement Of Profits |
- |
- |
- |
- |
- |
Increase Decrease In Loans To Federal Home Loan Banks And Other Borrowings |
- |
- |
- |
- |
- |
Increase In Loans To Federal Home Loan Banks |
- |
- |
- |
- |
- |
Decrease In Loans To Federal Home Loan Banks |
- |
- |
- |
- |
- |
Payments of Dividends, Preferred Stock and Preference Stock |
- |
- |
- |
- |
- |
Dividends paid |
-145.90 |
-109.60 |
-73.14 |
-36.65 |
-128.42 |
Net Cash flow from
Financing Activities |
-682.71 |
-1,179.69 |
-959.27 |
-535.82 |
-2,314.43 |
Effect of exchange rate on cash flow |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
371.12 |
257.39 |
163.63 |
115.54 |
404.16 |
Total Cash Flow |
275.42 |
-236.71 |
-113.60 |
-36.74 |
-2,925.53 |
Cash & cash equiv. at beg.
of the Year |
- |
- |
- |
- |
- |
Cash & cash equivalents at
end of period |
- |
- |
- |
- |
- |
Cash Interests paid |
- |
- |
- |
- |
- |
Cash Income taxes paid |
- |
- |
- |
- |
- |