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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 614,053 $ 534,980
Interest-bearing cash with banks 5,763,834 2,946,804
Cash and cash equivalents 6,377,887 3,481,784
Interest-bearing deposits with banks 17,169 139,021
Assets purchased under resale agreements (“resale agreements”) 635,000 792,192
Securities:    
Available-for-sale (“AFS”) debt securities, at fair value (amortized cost of $6,820,569 and $6,879,225) 5,987,258 6,034,993
Held-to-maturity (“HTM”) debt securities, at amortized cost (fair value of $2,440,484 and $2,455,171) 2,975,933 3,001,868
Loans held-for-sale 2,830 25,644
Loans held-for-investment (net of allowance for loan losses of $635,400 and $595,645) 49,192,964 47,606,785
Investments in qualified affordable housing partnerships, tax credit and other investments, net 815,471 763,256
Premises and equipment (net of accumulated depreciation of $153,079 and $148,126) 88,966 89,191
Goodwill 465,697 465,697
Operating lease right-of-use assets 100,500 103,681
Other assets 1,873,006 1,608,038
TOTAL 68,532,681 64,112,150
Deposits:    
Noninterest-bearing 16,741,099 21,051,090
Interest-bearing 38,917,687 34,916,759
Total deposits 55,658,786 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 152,951 152,400
Operating lease liabilities 110,383 111,931
Accrued expenses and other liabilities 1,648,864 1,595,358
Total liabilities 62,070,984 58,127,538
COMMITMENTS AND CONTINGENCIES (Note 11)
STOCKHOLDERS’ EQUITY    
Common stock, $0.001 par value, 200,000,000 shares authorized; 169,310,864 and 168,459,045 shares issued 169 168
Additional paid-in capital 1,959,615 1,936,389
Retained earnings 6,075,735 5,582,546
Treasury stock, at cost 27,827,196 and 27,511,199 shares (791,890) (768,862)
Accumulated other comprehensive loss (“AOCI”), net of tax (781,932) (765,629)
Total stockholders’ equity 6,461,697 5,984,612
TOTAL $ 68,532,681 $ 64,112,150