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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 444,793 $ 534,980
Interest-bearing cash with banks 4,170,191 2,946,804
Cash and cash equivalents 4,614,984 3,481,784
Interest-bearing deposits with banks 10,498 139,021
Assets purchased under resale agreements (“resale agreements”) 785,000 792,192
Securities:    
Available-for-sale (“AFS”) debt securities, at fair value (amortized cost of $6,916,491 and $6,879,225) 6,188,337 6,034,993
Held-to-maturity (“HTM”) debt securities, at amortized cost (fair value of $2,453,971 and $2,455,171) 2,956,040 3,001,868
Loans held-for-sale 116 25,644
Loans held-for-investment (net of allowance for loan losses of $668,743 and $595,645) 51,542,039 47,606,785
Investments in qualified affordable housing partnerships, tax credit and other investments, net 905,036 763,256
Premises and equipment (net of accumulated depreciation of $157,622 and $148,126) 86,370 89,191
Goodwill 465,697 465,697
Operating lease right-of-use assets 94,024 103,681
Other assets 1,964,743 1,608,038
TOTAL 69,612,884 64,112,150
Deposits:    
Noninterest-bearing 15,539,872 21,051,090
Interest-bearing 40,552,566 34,916,759
Total deposits 56,092,438 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 153,011 152,400
Operating lease liabilities 102,353 111,931
Accrued expenses and other liabilities 1,814,248 1,595,358
Total liabilities 62,662,050 58,127,538
COMMITMENTS AND CONTINGENCIES (Note 12)
STOCKHOLDERS’ EQUITY    
Common stock, $0.001 par value, 200,000,000 shares authorized; 169,372,230 and 168,459,045 shares issued 169 168
Additional paid-in capital 1,980,818 1,936,389
Retained earnings 6,465,230 5,582,546
Treasury stock, at cost 29,344,863 and 27,511,199 shares (874,787) (768,862)
Accumulated other comprehensive loss (“AOCI”), net of tax (620,596) (765,629)
Total stockholders’ equity 6,950,834 5,984,612
TOTAL $ 69,612,884 $ 64,112,150