• NYSE: ASB
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  • 21.48
    Stock Quote ($)
    • Change ($) (0.11)
    • Change (%) (0.51)
    • Market Value ($M) 3,371.00
    • Volume 1,296,449
    As of 11/20/2019 Close Minimum 20 minute delay.

Cash Flow Statement

As Reported Financials

Document Name As Of Date Currency Code (in thousands) 2015 Y 10-K 12/31/2015 USD 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-K 12/31/2018 USD 2019 Q3 YTD 10-Q 9/30/2019 USD
Document Name As Of Date Currency Code 2015 Y 10-K 12/31/2015 USD 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-K 12/31/2018 USD 2019 Q3 YTD 10-Q 9/30/2019 USD

Cash Flow From Operating Activities

Net income 188,301 200,274 229,264 333,562 254,686

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

Provision for credit losses 37,500 70,000 26,000 0 16,000
Depreciation and amortization 47,168 45,434 46,967 48,253 43,704
Addition to (recovery of) valuation allowance on mortgage servicing rights, net (425) (200) 175 (545) 177
Amortization of mortgage servicing rights 11,601 12,327 10,084 9,594 8,749
Amortization of other intangible assets 3,094 2,093 1,959 8,159 7,237
Amortization and accretion on earning assets, funding, and other, net 39,806 46,615 37,476 11,624 17,607
Net amortization of tax credit investments 3,100 5,272 19,834 19,425 15,512
Deferred income taxes (3,522) 10,656 21,402 46,947 NA
Losses (gains) on sales of investment securities, net (8,133) (9,316) (434) 1,985 (5,931)
Asset (gains) losses, net (2,540) 86 1,244 1,103 (2,316)
(Gain) loss on mortgage banking activities, net (20,258) (27,060) (3,516) (22,497) (15,966)
Mortgage loans originated and acquired for sale (1,228,106) (1,271,124) (715,357) (1,092,318) (824,289)
Proceeds from sales of mortgage loans held for sale 1,241,012 1,542,660 819,950 1,131,652 1,048,729
Pension Contribution 0 0 (6,242) (41,877) 0
Changes in certain assets and liabilities
(Increase) decrease in interest receivable 395 (7,836) (9,476) (7,417) 2,476
Increase (decrease) in interest payable 3,898 (4,642) 6,535 10,407 589
Increase (decrease) in expense payable NA NA NA NA (15,932)
Increase (decrease) in cash collateral NA 0 (5,578) 41,274 (8,237)
Increase (decrease) in net derivative position NA NA NA NA (109,948)
Net change in other assets and other liabilities (11,685) 26,144 (21,919) (2,763) 37,138
Net cash provided by (used in) operating activities 301,206 641,383 458,368 496,567 469,986

Cash Flow From Investing Activities

Net increase in loans (1,136,793) (1,682,579) (861,934) (326,464) (72,644)

Purchases of

Available for sale securities (2,859,793) (1,304,921) (1,137,191) (737,580) (460,124)
Held to maturity securities (250,767) (195,442) (234,379) (682,622) (322,590)
Federal Home Loan Bank and Federal Reserve Bank stocks (35,647) (92,761) (262,986) (347,323) (214,554)
Premises, equipment, and software, net of disposals (54,636) (103,881) (47,369) (65,854) (50,385)

Proceeds from

Sales of available for sale securities 1,601,947 549,555 18,467 601,130 1,367,450
Sale of Federal Home Loan Bank and Federal Reserve Bank stocks 77,514 100,000 237,656 282,145 257,646
Prepayments, calls, and maturities of available for sale investment securities 1,099,625 997,701 713,486 633,859 400,648
Prepayments, calls, and maturities of held to maturity investment securities 17,013 75,796 210,753 217,836 168,378
Sales, prepayments, calls, and maturities of other assets 21,236 27,692 20,070 41,856 6,674
Net change in tax credit and alternative investments (14,649) (23,498) (53,770) (57,327) (50,117)
Net cash (paid) received in acquisition 1,132 (685) 339 59,472 551,250
Net cash provided by (used in) investing activities (1,533,818) (1,653,023) (1,396,858) (380,872) 1,581,631

Cash Flow From Financing Activities

Net increase (decrease) in deposits 2,244,161 880,783 897,514 270,481 (1,200,004)
Net increase (decrease) in short-term funding (233,872) 110,619 (217,753) (581,371) (48,630)
Net increase (decrease) in short-term FHLB advances NA 147,000 (198,000) 616,000 (685,000)
Repayment of long-term FHLB advances NA (38) (115,020) (2,150,016) (763,036)
Proceeds from long-term FHLB advances NA 515,000 750,000 1,837,680 751,573
Repayment of long-term funding (1,500,035) (430,000) 0 0 NA
Proceeds from issuance of long-term funding 250,000 0 0 300,000 0
Proceeds from issuance of preferred shares 62,966 97,066 0 97,315 0
Proceeds from issuance of common stock for stock-based compensation plans 20,054 21,748 27,619 18,408 9,070
Redemption of preferred shares 0 (58,903) 0 0 NA
Common stock warrants exercised NA 0 0 (1) NA
Purchase of preferred shares (1,335) (1,248) 0 (537) 0
Purchase of common stock returned to authorized but unissued (93,000) (20,007) (37,031) (33,075) 0
Purchase of treasury stock (5,154) (5,074) (9,290) (213,598) (138,093)
Cash dividends on common stock (62,400) (67,855) (76,417) (105,519) (83,248)
Cash dividends on preferred stock (7,155) (8,903) (9,347) (10,784) (11,402)
Net cash provided by (used in) financing activities 674,230 1,180,188 1,012,275 44,983 (2,168,770)
Net increase (decrease) in cash, cash equivalents, and restricted cash (558,382) 168,548 73,785 160,678 (117,154)
Cash, cash equivalents, and restricted cash at beginning of period 1,032,067 473,685 642,233 716,018 876,698
Cash, cash equivalents, and restricted cash at end of period 473,685 642,233 716,018 876,698 759,545

Supplemental disclosures of cash flow information

Cash paid for interest 73,054 88,269 138,174 261,724 266,192
Cash paid for (received from) income and franchise taxes 84,407 75,558 81,450 18,335 38,979
Loans and bank premises transferred to OREO 10,988 9,752 11,505 26,517 7,734
Capitalized mortgage servicing rights 12,372 12,262 7,167 10,722 8,900
Loans transferred into held for sale from portfolio, net 0 256,194 71,954 33,010 326,476

Acquisition

Fair value of assets acquired, including cash and cash equivalents 4,590 522 647 2,567,488 695,848
Fair value ascribed to goodwill and intangible assets 51,791 4,119 6,450 261,243 29,837
Fair value of liabilities assumed 12,851 1,423 54 2,340,323 725,764
Equity issued in (adjustments related to) acquisition 43,530 0 7,151 488,408 (79)
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.