Tcf financial corporation (CHFC)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Cash flows from operating activities
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

306,926

315,628

278,784

108,032

86,830

62,121

56,808

51,008

43,050

23,090

10,003

Proceeds from issuance of long-term borrowings

-

-

-

375,000

125,000

0

-

-

-

-

-

Proceeds from (Repayments of) Other Debt

-

-

-

-

-

-

0

-

-

-

-

Repayments of Other Debt

-

-

-

351,018

6,000

10,310

34,289

-

-

-

-

Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Provision for Loan and Lease Losses

65,282

46,768

68,443

14,875

6,500

6,100

11,000

18,500

26,000

45,600

59,000

Net amortization of premiums and discounts on investment securities

-

-

-

-9,713

-6,007

-4,497

-4,196

-4,795

-4,024

-2,818

-815

Share-based compensation expense

28,351

17,824

14,743

13,452

3,478

2,931

2,854

1,865

1,517

1,395

490

Depreciation and amortization

308,638

204,778

191,824

-

-

-

-

-

-

-

-

Impairment of goodwill and other intangible assets

0

0

73,409

-

-

-

-

-

-

-

-

Provision (benefit) for deferred income taxes

30,410

58,986

-53,729

24,091

5,700

-1,700

635

12,668

6,413

3,439

-6,977

Net gains on sales of assets

66,298

39,881

51,965

-

-

-

-

-

-

-

-

Proceeds from sales of loans and leases held-for-sale

966,352

372,354

280,640

-

-

-

-

-

-

-

-

Originations of loans and leases held-for-sale, net of repayments

835,047

375,622

430,121

-

-

-

-

-

-

-

-

Gains on sales of loans

-

-

-

15,686

6,354

4,451

7,108

9,645

5,017

5,986

6,431

Proceeds from sales of loans

-

-

-

723,521

228,995

153,743

218,237

314,521

224,341

281,511

367,796

Loans originated for sale, net of repayments

-

-

-

534,422

220,765

150,795

198,683

303,723

217,663

286,317

361,264

Net gains on sale of investment securities

-

-

-

129

630

0

1,133

0

0

-

95

Net (gains) losses from sales/writedowns of other real estate and repossessed assets

-

-

-

5,212

2,681

1,886

2,943

1,532

2,208

1,394

969

Proceeds from sale of trading securities

-

-

-

-

-

-

-

-

-

1,083

-

Investment securities net gains

-

-

-

-

-

-

-

-

-

-

-

Net (gain) loss on disposal of premises and equipment and branch bank properties

-

-

-

-

-

-

-

0

-616

-865

162

Depreciation of premises and equipment

-

-

-

13,270

11,028

8,980

8,713

8,142

7,950

7,826

6,429

Amortization of intangible assets

-

-

-

10,046

8,444

3,345

3,492

3,969

3,615

3,609

2,569

Additions to loan servicing rights

-

-

-

-4,333

-1,476

-1,075

-

-

-

-

-

Impairment of loan servicing rights

3,882

0

0

-4,585

-200

200

-

-

-

-

-

Net change in other assets

263,351

35,154

108,700

-

-

-

-

-

-

-

-

Net change in other liabilities

162,533

39,898

17,826

-

-

-

-

-

-

-

-

Other, net

65,921

41,949

36,196

-

-

-

-

-

-

-

-

Change in deferred tax valuation allowance

-

-

-

706

-

-

-

-

-

-

-

Contributions to defined benefit pension plan

-

-

-

-

-

-

15,000

12,000

0

10,000

7,500

Net increase in interest receivable and other assets

-

-

-

24,977

19,027

-2,322

-6,197

-4,261

-10,747

-350

17,973

Net increase (decrease) in interest payable and other liabilities

-

-

-

-46,449

-2,800

5,893

2,414

2,337

-909

9,325

306

Net cash provided by (used in) operating activities

641,757

563,630

244,958

280,501

103,049

90,225

89,679

95,166

102,476

77,214

46,037

Cash flows from investing activities
Proceeds from sales of investment securities available-for-sale

1,986,386

254,146

0

-

-

-

-

-

-

-

-

Proceeds from maturities of and principal collected on investment securities available-for-sale

735,861

169,622

116,358

248,772

212,051

165,749

154,959

268,848

327,013

333,878

264,998

Purchases of investment securities available-for-sale

2,806,598

1,230,430

353,557

-

-

-

-

-

-

-

-

Proceeds from maturities of and principal collected on investment securities held-to-maturity

17,632

15,407

21,186

-

-

-

-

-

-

-

-

Proceeds from sales and redemptions

-

-

-

41,446

40,301

0

38,028

0

0

-

78

Purchases

-

-

-

187,702

0

0

304,264

191,689

419,714

253,815

408,344

Proceeds from maturities, calls and principal reductions

-

-

-

90,933

87,189

83,989

65,790

55,352

52,115

47,150

41,511

Purchases of investment securities held-to-maturity

6,844

2,188

1,051

206,023

279,226

127,187

109,655

102,034

70,014

81,346

75,219

Redemption of Federal Home Loan Bank stock

256,021

269,002

246,002

-

-

-

-

-

-

-

-

Purchases of Federal Home Loan Bank stock

370,000

278,000

254,000

-

-

-

-

-

-

-

-

Proceeds from sales of loans and leases

1,985,093

903,606

1,618,791

-

-

-

-

-

-

-

-

Loan and lease originations and purchases, net of principal collected

2,037,489

957,672

2,726,967

860,135

493,776

586,121

502,687

330,760

196,484

124,985

64,754

Proceeds from sales of other assets

113,771

88,942

63,875

-

-

-

-

-

-

-

-

Proceeds from sales of other real estate and repossessed assets

-

-

-

-

-

-

-

-

-

-

16,950

Proceeds from sales of other real estate and repossessed assets

-

-

-

22,147

16,653

12,192

18,018

24,341

19,202

18,066

433

Purchases of premises and equipment and lease equipment

154,540

155,664

168,272

18,098

8,527

13,411

8,664

10,303

8,602

7,733

7,431

Purchase of bank owned life insurance

-

-

-

-

-

-

-

-

3,600

0

-

Net cash acquired (paid) in business combinations

975,014

0

8,120

325,714

16,551

14,260

0

339,372

0

17,177

-

Proceeds from returns of investment in equity method investments

-

-

-

77

-

-

-

-

-

-

-

Other, net

27,431

-20,935

-26,103

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

666,876

-902,294

-1,419,652

-542,869

-408,784

-479,049

-648,475

53,127

-300,084

-51,608

-231,778

Cash flows from financing activities
Net change in deposits

-901,522

549,157

1,094,612

-

-

-

-

-

-

-

-

Net increase in interest- and noninterest-bearing demand deposits and savings accounts

-

-

-

672,584

479,386

277,781

341,568

307,972

113,164

200,829

222,222

Net increase in time deposits

-

-

-

-550,847

-170,598

-115,642

-140,626

-157,425

-78,072

19,570

217,111

Net change in short-term borrowings

45,584

160

-4,747

401,144

-31,268

62,039

16,965

6,677

61,083

2,135

6,830

Proceeds from long-term borrowings

5,957,492

9,380,950

9,990,967

-

-

-

-

-

-

-

-

Payments on long-term borrowings

5,499,669

9,182,536

9,816,286

-

-

-

-

-

-

-

-

Payments on liabilities related to acquisition and portfolio purchase

1,000

2,000

3,000

-

-

-

-

-

-

-

-

Payments for Repurchase of Redeemable Preferred Stock

0

100,000

0

-

-

-

-

-

-

-

-

Net proceeds from public offering of Series C preferred stock

0

0

169,302

-

-

-

-

-

-

-

-

Proceeds preferred stock

0

0

-172,500

-

-

-

-

-

-

-

-

Repurchases of common stock

86,309

212,929

9,163

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock, net of issuance costs

-

-

-

-

-

76,175

53,925

0

0

-

-

Common shares sold to TCF employee benefit plans

0

715

23,254

1,572

2,473

1,242

806

260

245

292

280

Dividends paid on preferred stock

9,975

11,588

19,904

-

-

-

-

-

-

-

-

Repayment of FHLB advances

-

-

-

-

-

-

-

8,768

31,073

51,733

45,025

Repayment of subordinated debt obligations

-

-

-

-

-

-

-

0

-

-

-

Dividends paid on common stock

156,060

99,490

50,617

49,389

36,918

29,528

24,521

22,566

21,964

21,243

28,190

Exercise of stock options

-29

997

57

-

-

-

-

-

-

-

-

Payments related to tax-withholding upon conversion of share-based awards

6,198

6,865

5,506

1,065

571

701

379

248

0

0

-

Net investment by (distribution to) non-controlling interest

9,691

10,638

9,482

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

-667,319

303,939

1,186,873

497,981

361,504

261,056

213,449

125,902

43,383

149,850

373,228

Net change in cash and due from banks

641,314

-34,725

12,179

-

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

-

-

-

235,613

55,769

-127,768

-345,347

274,195

-154,225

175,456

187,487

Supplemental disclosures of cash flow information
Cash paid (received) for:
Interest on deposits and borrowings

269,474

139,026

86,411

25,460

16,958

14,823

18,047

23,859

32,129

40,206

46,232

Income taxes, net

12,177

-26,308

62,115

22,200

41,450

25,900

19,150

9,029

7,787

9,800

9,725

Noncash activities:
Transfer of loans and leases to other assets

88,716

105,247

100,608

-

-

-

-

-

-

-

-

Loans transferred to other real estate and repossessed assets

-

-

-

12,970

9,329

11,308

6,382

15,794

19,664

26,429

18,320

Transfer of loans and leases from held-for-investment to held for sale, net

2,184,134

848,941

1,320,210

-

-

-

-

-

-

-

-

Net transfer of loans held-for-sale to (from) loans held-for-investment

-

-

-

289

0

-

-

-

-

-

-

Closed branch offices transferred to other assets

-

-

-

4,846

2,692

841

382

0

0

-

-

Fair value of tangible assets acquired (noncash)

-

-

-

6,371,781

1,282,420

747,181

0

52,337

0

749,916

-

Goodwill, loan servicing rights and other identifiable intangible assets acquired

-

-

-

908,217

118,744

82,090

0

12,350

0

53,310

-

Liabilities assumed

-

-

-

6,100,901

1,258,051

815,011

0

404,059

0

736,706

-

Common stock and stock options issued

-

-

-

1,504,811

159,904

0

0

-

-

83,697

-