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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 760,317 $ 534,980
Interest-bearing cash with banks 5,173,877 2,946,804
Cash and cash equivalents 5,934,194 3,481,784
Interest-bearing deposits with banks 10,249 139,021
Assets purchased under resale agreements (“resale agreements”) 654,288 792,192
Securities:    
Available-for-sale (“AFS”) debt securities, at fair value (amortized cost of $7,072,240 and $6,879,225) 6,300,868 6,034,993
Held-to-maturity (“HTM”) debt securities, at amortized cost (fair value of $2,502,674 and $2,455,171) 2,993,421 3,001,868
Loans held-for-sale 6,861 25,644
Loans held-for-investment (net of allowance for loan losses of $619,893 and $595,645) 48,298,155 47,606,785
Investments in qualified affordable housing partnerships, tax credit and other investments, net 741,354 763,256
Premises and equipment (net of accumulated depreciation of $150,767 and $148,126) 90,212 89,191
Goodwill 465,697 465,697
Operating lease right-of-use assets 103,114 103,681
Other assets 1,646,485 1,608,038
TOTAL 67,244,898 64,112,150
Deposits:    
Noninterest-bearing 18,327,320 21,051,090
Interest-bearing 36,410,082 34,916,759
Total deposits 54,737,402 55,967,849
Short-term borrowings 4,500,000 0
Assets sold under repurchase agreements (“repurchase agreements”) 0 300,000
Long-term debt and finance lease liabilities 152,467 152,400
Operating lease liabilities 112,676 111,931
Accrued expenses and other liabilities 1,433,022 1,595,358
Total liabilities 60,935,567 58,127,538
COMMITMENTS AND CONTINGENCIES (Note 10)
STOCKHOLDERS’ EQUITY    
Common stock, $0.001 par value, 200,000,000 shares authorized; 169,199,767 and 168,459,045 shares issued 169 168
Additional paid-in capital 1,947,518 1,936,389
Retained earnings 5,832,291 5,582,546
Treasury stock, at cost 27,803,967 and 27,511,199 shares (790,653) (768,862)
Accumulated other comprehensive loss (“AOCI”), net of tax (679,994) (765,629)
Total stockholders’ equity 6,309,331 5,984,612
TOTAL $ 67,244,898 $ 64,112,150