• NYSE: ASB
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  • 23.10
    Stock Quote ($)
  • Change ($) (0.60)
  • Change (%) (2.53)
  • Market Value ($M) 3,553.89
  • Volume 2,160,621
  • As of 07/26/2017 Close Minimum 20 minute delay.

Cash Flow Statement

As Reported Financials

Source Document Currency Code (in thousands) 2013 Y 12/31/2015 USD 2014 Y 12/31/2016 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2016 USD 2017 Q1 YTD 3/31/2017 USD
Source Document Currency Code 2013 Y 12/31/2015 USD 2014 Y 12/31/2016 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2016 USD 2017 Q1 YTD 3/31/2017 USD

CASH FLOWS FROM OPERATING ACTIVITIES

Net income 188,692 190,509 188,301 200,274 56,270

Adjustments to reconcile net income to net cash provided by operating activities

Provision for credit losses 10,100 16,000 37,500 70,000 9,000
Depreciation and amortization 49,711 50,281 47,168 45,434 11,505
Addition to valuation allowance on mortgage servicing rights, net (14,563) 321 (425) (200) 217
Amortization of mortgage servicing rights 15,488 11,067 11,601 12,327 2,477
Amortization of other intangible assets 4,043 3,747 3,094 2,093 513
Amortization and accretion on earning assets, funding, and other, net 44,965 28,145 39,806 46,615 8,215
Deferred income taxes 25,920 9,890 (3,522) 10,656 NA
Tax impact of stock based compensation 25 (1,288) 1,518 (2,940) 3,486
Gain on sales of investment securities, net (564) (494) (8,133) (9,316) 0
(Gain) loss on sales of assets and impairment write-downs, net (5,413) NA NA NA NA
Asset (gains) losses, net NA (10,830) (2,540) 86 234
(Gain) loss on mortgage banking activities, net (34,268) (13,765) (20,258) (27,060) 5,171
Mortgage loans originated and acquired for sale (2,304,006) (1,069,852) (1,228,106) (1,271,124) (101,280)
Proceeds from sales of mortgage loans held for sale 2,516,690 1,010,167 1,241,012 1,542,660 196,578
Pension contributions (28,000) (21,000) 0 0 NA
Increase in interest receivable 2,078 (1,264) 395 (7,836) (761)
Decrease in interest payable (2,214) 1,536 3,898 (4,642) (185)
Other, net 9,274 NA NA NA NA
Commercial loans held for sale NA NA NA NA (2,155)
Net change in other assets and other liabilities NA (3,661) (9,565) 21,915 (19,532)
Net cash provided by operating activities 477,958 199,509 301,744 628,942 169,753

CASH FLOWS FROM INVESTING ACTIVITIES

Net increase in loans (593,591) (1,736,571) (1,136,793) (1,682,579) (113,051)

Purchases of

Available for sale securities (1,954,936) (1,096,410) (2,859,793) (1,304,921) (163,442)
Held to maturity securities (135,785) (229,795) (250,767) (195,442) (2,655)
Federal Home Loan Bank and Federal Reserve Bank stocks (28,399) (7,857) (35,647) (92,761) (58,362)
Premises, equipment, and software, net of disposals (67,723) (50,396) (54,636) (103,881) (13,586)
Other assets (2,098) (4,496) (15,187) (11,057) (5,433)

Proceeds from

Sales of available for sale securities 136,152 102,011 1,601,947 549,555 0
Sale of Federal Home Loan Bank and Federal Reserve Bank stocks 14,399 0 77,514 100,000 59,090
Prepayments, calls, and maturities of available for sale investment securities 1,298,077 862,037 1,099,625 997,701 231,019
Prepayments, calls, and maturities of held to maturity investment securities 0 6,420 17,013 75,796 22,916
Sales, prepayments, calls, and maturities of other assets 41,668 36,452 21,236 27,692 3,293
Sales of loans originated for investment 39,002 NA NA NA NA
Net cash paid in acquisition 0 0 1,132 (685) (217)
Net cash used in investing activities (1,253,234) (2,118,605) (1,534,356) (1,640,582) (40,428)

CASH FLOWS FROM FINANCING ACTIVITIES

Net decrease in deposits 394,340 1,496,337 2,244,161 880,783 (60,413)
Net decrease in deposits due to branch sales (65,430) NA NA NA NA
Net increase (decrease) in short-term funding (1,586,013) 327,362 (233,872) 257,619 (11,168)
Repayment of long-term funding (427,430) (155,066) (1,500,035) (1,180,038) (8)
Proceeds from issuance of long-term funding 2,500,000 996,030 250,000 1,265,000 0
Proceeds from issuance of common stock for stock-based compensation plans 9,305 13,228 20,054 21,748 17,940
Proceeds from issuance of preferred stock 0 0 62,966 97,066 NA
Redemption of preferred stock NA 0 0 (58,903) NA
Purchase of preferred stock (1,626) (2,451) (1,335) (1,248) 0
Purchase of common stock returned to authorized but unissued 0 (150,498) (93,000) (20,007) 0
Purchase of treasury stock (123,349) (108,600) 0 0 NA
Purchase of treasury stock for tax withholding NA (3,712) (5,154) (5,074) (7,743)
Cash dividends on common stock (54,991) (58,710) (62,400) (67,855) (18,368)
Cash dividends on preferred stock (5,158) (5,002) (7,155) (8,903) (2,330)
Net cash provided (used) by financing activities 639,648 2,348,918 674,230 1,180,188 (82,090)
Net increase (decrease) in cash and cash equivalents (135,628) 429,822 (558,382) 168,548 47,235
Cash and cash equivalents at beginning of period 737,873 602,245 1,032,067 473,685 642,233
Cash and cash equivalents at end of period 602,245 1,032,067 473,685 642,233 689,468

Supplemental disclosures of cash flow information

Cash paid for interest 65,552 54,330 73,054 88,269 26,531
Cash paid for income taxes 49,200 72,431 84,407 75,558 1,052
Loans and bank premises transferred to other real estate owned 26,151 21,413 10,988 9,752 921
Capitalized mortgage servicing rights 18,256 8,253 12,372 12,262 1,920
Loans transferred into held for sale from portfolio, net NA 0 0 256,194 13,905

Acquisition

Fair value of assets acquired, including cash and cash equivalents 0 0 4,590 522 0
Fair value ascribed to goodwill and intangible assets 0 0 51,791 4,119 217
Fair value of liabilities assumed 0 0 12,851 1,423 0
Common stock issued in acquisition 0 0 43,530 0 NA
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.