• NYSE: ASB
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  • 21.93
    Stock Quote ($)
  • Change ($) 0.23
  • Change (%) 1.04
  • Market Value ($M) 3,318.19
  • Volume 68,448
  • As of 08/22/2017 10:20 AM ET 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 Q2 YTD 6/30/2017 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 Q2 YTD 6/30/2017 USD

CASH FLOWS FROM OPERATING ACTIVITIES

Net income 188,692 190,509 188,301 200,274 114,253

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

Provision for credit losses 10,100 16,000 37,500 70,000 21,000
Depreciation and amortization 49,711 50,281 47,168 45,434 23,241
Addition to valuation allowance on mortgage servicing rights, net (14,563) 321 (425) (200) 275
Amortization of mortgage servicing rights 15,488 11,067 11,601 12,327 5,084
Amortization of other intangible assets 4,043 3,747 3,094 2,093 1,009
Amortization and accretion on earning assets, funding, and other, net 44,965 28,145 39,806 46,615 17,889
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) 4,035
Gain on sales of investment securities, net (564) (494) (8,133) (9,316) (356)
(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) 86 700
(Gain) loss on mortgage banking activities, net (34,268) (13,765) (20,258) (27,060) 4,287
Mortgage loans originated and acquired for sale (2,304,006) (1,069,852) (1,228,106) (1,271,124) (220,284)
Proceeds from sales of mortgage loans held for sale 2,516,690 1,010,167 1,241,012 1,542,660 364,128
Pension contributions (28,000) (21,000) 0 0 NA
Increase in interest receivable 2,078 (1,264) 395 (7,836) (757)
Increase (decrease) in interest payable (2,214) 1,536 3,898 (4,642) 2,653
Other, net 9,274 NA NA NA NA
Net change in other assets and other liabilities NA (3,661) (9,565) 21,915 (38,650)
Net cash provided by operating activities 477,958 199,509 301,744 628,942 298,507

CASH FLOWS FROM INVESTING ACTIVITIES

Net increase in loans (593,591) (1,736,571) (1,136,793) (1,682,579) (819,198)

Purchases of

Available for sale securities (1,954,936) (1,096,410) (2,859,793) (1,304,921) (417,397)
Held to maturity securities (135,785) (229,795) (250,767) (195,442) (70,969)
Federal Home Loan Bank and Federal Reserve Bank stocks (28,399) (7,857) (35,647) (92,761) (166,869)
Premises, equipment, and software, net of disposals (67,723) (50,396) (54,636) (103,881) (19,289)
Other assets (2,098) (4,496) (15,187) (11,057) (6,498)

Proceeds from

Sales of available for sale securities 136,152 102,011 1,601,947 549,555 0
Sales of held to maturity securities NA NA NA NA 16,059
Sale of Federal Home Loan Bank and Federal Reserve Bank stocks 14,399 0 77,514 100,000 125,690
Prepayments, calls, and maturities of available for sale investment securities 1,298,077 862,037 1,099,625 997,701 389,251
Prepayments, calls, and maturities of held to maturity investment securities 0 6,420 17,013 75,796 80,976
Sales, prepayments, calls, and maturities of other assets 41,668 36,452 21,236 27,692 6,353
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) (882,108)

CASH FLOWS FROM FINANCING ACTIVITIES

Net decrease in deposits 394,340 1,496,337 2,244,161 880,783 (270,268)
Net decrease in deposits due to branch sales (65,430) NA NA NA NA
Net increase in short-term funding (1,586,013) 327,362 (233,872) 257,619 310,447
Repayment of long-term funding (427,430) (155,066) (1,500,035) (1,180,038) (12)
Proceeds from issuance of long-term funding 2,500,000 996,030 250,000 1,265,000 500,000
Proceeds from issuance of common stock for stock-based compensation plans 9,305 13,228 20,054 21,748 20,945
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) (8,445)
Cash dividends on common stock (54,991) (58,710) (62,400) (67,855) (36,804)
Cash dividends on preferred stock (5,158) (5,002) (7,155) (8,903) (4,669)
Net cash provided (used) by financing activities 639,648 2,348,918 674,230 1,180,188 511,194
Net increase (decrease) in cash and cash equivalents (135,628) 429,822 (558,382) 168,548 (72,407)
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 1,032,067 473,685 642,233 569,826

Supplemental disclosures of cash flow information

Cash paid for interest 65,552 54,330 73,054 88,269 57,306
Cash paid for income taxes 49,200 72,431 84,407 75,558 27,461
Loans and bank premises transferred to other real estate owned 26,151 21,413 10,988 9,752 3,267
Capitalized mortgage servicing rights 18,256 8,253 12,372 12,262 3,278
Loans transferred into held for sale from portfolio, net NA 0 0 256,194 62,264

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.