Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Assets:
Cash and due from banks	$ 1,035,307	$ 1,149,734
Federal funds sold, securities purchased under agreements to resell and interest bearing deposits	14,041,538	5,788,964
Cash and cash equivalents	15,076,845	6,938,698
Trading account assets	926,497	473,976
Debt securities available for sale	6,028,072	7,235,305
Debt securities held to maturity, net of allowance for debt securities held to maturity losses of $15,105 at September 30, 2020 (fair value of $9,779,195 and $6,921,158 at September 30, 2020 and December 31, 2019, respectively)	9,428,931	6,797,046
Loans held for sale, at fair value	253,454	112,058
Loans	66,180,612	63,946,857
Allowance for loan losses	(1,804,423)	(920,993)
Net loans	64,376,189	63,025,864
Premises and equipment, net	1,063,923	1,087,698
Bank owned life insurance	758,391	750,224
Goodwill	2,328,296	4,513,296
Other assets	3,412,324	2,669,182
Total assets	103,652,922	93,603,347
Deposits:
Noninterest bearing	26,803,670	21,850,216
Interest bearing	59,567,362	53,135,067
Total deposits	86,371,032	74,985,283
FHLB and other borrowings	3,560,973	3,690,044
Federal funds purchased and securities sold under agreements to repurchase	189,474	173,028
Accrued expenses and other liabilities	2,136,479	1,368,403
Total liabilities	92,257,958	80,216,758
Shareholder’s Equity:
Series A Preferred stock, $.0.01 par value, liquidation preference $200,000 per share, authorized — 30,000,000 shares, issued — 1,150 at both September 30, 2020 and December 31, 2019	229,475	229,475
Common stock — $0.01 par value; authorized — 300,000,000 shares, issued — 222,963,891 shares at both September 30, 2020 and December 31, 2019, respectively	2,230	2,230
Surplus	14,032,321	14,043,727
Accumulated deficit	(3,264,295)	(917,227)
Accumulated other comprehensive income (loss)	365,374	(1,072)
Total BBVA USA Bancshares, Inc. shareholder’s equity	11,365,105	13,357,133
Noncontrolling interests	29,859	29,456
Total shareholder’s equity	11,394,964	13,386,589
Total liabilities and shareholder’s equity	$ 103,652,922	$ 93,603,347