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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 518,835 $ 532,985
Money market investments:    
Time deposits with other financial institutions 2,800 3,000
Other short-term investments 7,308 216,473
Total money market investments 10,108 219,473
Investment securities available for sale, at fair value:    
Securities pledged that can be repledged 661,554 793,562
Other investment securities 1,182,299 1,092,833
Total investment securities available for sale 1,843,853 1,886,395
Investment securities held to maturity, at amortized cost:    
Securities pledged that can be repledged 0 0
Other investment securities 156,190 161,483
Total investment securities held to maturity, fair value of $132,241 (2015- $131,544) 156,190 161,483
Other equity securities 28,717 32,169
Loans, net of allowance for loan and lease losses of $214,070 (2015 - $240,710) 8,649,584 8,871,672
Loans held for sale, at lower of cost or market 56,779 35,869
Total loans, net 8,706,363 8,907,541
Premises and equipment, net 154,208 161,016
Other real estate owned 139,446 146,801
Accrued interest receivable on loans and investments 41,439 48,697
Other assets 476,094 476,459
Total assets 12,075,253 12,573,019
LIABILITIES    
Non-interest-bearing deposits 1,473,528 1,336,559
Interest-bearing deposits 7,507,785 8,001,565
Total deposits 8,981,313 9,338,124
Securities sold under agreements to repurchase [1],[2] 600,000 700,000
Advances from the Federal Home Loan Bank (FHLB) 355,000 455,000
Other borrowings 216,187 226,492
Accounts payable and other liabilities 122,867 159,269
Total liabilities 10,275,367 10,878,885
Preferred stock, authorized 50,000,000 shares:    
Non-cumulative Perpetual Monthly Income Preferred Stock: issued - 22,004,000 shares, outstanding 1,444,146 shares, aggregate liquidation value of $36,104 36,104 36,104
Common stock, $0.10 par value, authorized, 2,000,000,000 shares; issued, 218,605,179 shares (2015 - 216,051,128 shares issued) 21,861 21,605
Less: Treasury stock (at par value) (122) (96)
Common stock outstanding, 217,387,647 shares outstanding (2015 - 215,088,698 shares outstanding) 21,739 21,509
Additional paid-in capital 930,390 926,348
Retained earnings, includes legal surplus reserve of $42,798 807,293 737,922
Accumulated other comprehensive income (loss) , net of tax of $7,752 4,360 (27,749)
Total stockholders' equity 1,799,886 1,694,134
Total liabilities and stockholders' equity $ 12,075,253 $ 12,573,019
[1] As of September 30, 2016, includes $500 million with an average rate of 3.56% that lenders have the right to call before their contractual maturities at various dates beginning on October 11, 2016. In addition, $400 million is tied to variable rates.
[2] Reported net of securities purchased under agreements to repurchase (reverse repurchase agreements) by counterparty, when applicable, pursuant to ASC 210-20-45-11.