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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities    
Net income $ 2,092,000 $ 1,907,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 380,000 470,000
Depreciation and amortization of premises and equipment 243,000 235,000
Amortization of capitalized servicing rights 101,000 104,000
Amortization of core deposit and other intangible assets 32,000 40,000
Provision for deferred income taxes (38,000) (13,000)
Asset write-downs 16,000 7,000
Net gain on sales of assets (79,000) (3,000)
Net change in accrued interest receivable, payable (86,000) (149,000)
Net change in other accrued income and expense 138,000 166,000
Net change in loans originated for sale (3,000) (544,000)
Net change in trading account and other non-hedging derivative assets and liabilities (316,000) (286,000)
Net cash from operating activities 2,480,000 1,934,000
Cash flows from investing activities    
Investment securities available for sale 0 58,000
Equity and other securities 380,000 436,000
Loans 814,000 569,000
Investment securities available for sale 3,644,000 5,255,000
Investment securities held to maturity 1,480,000 844,000
Investment securities available for sale (7,561,000) (11,156,000)
Equity and other securities (363,000) (398,000)
Payments to Acquire Loans Receivable 683,000 0
Net change in loans (2,017,000) (2,309,000)
Net change in interest-bearing deposits at banks 2,122,000 3,652,000
Capital expenditures, net (87,000) (131,000)
Net change in loan servicing advances (911,000) 186,000
Other, net 198,000 151,000
Net cash from investing activities (2,984,000) (2,843,000)
Cash flows from financing activities    
Net change in deposits 2,330,000 1,277,000
Net change in short-term borrowings 999,000 (2,711,000)
Proceeds from long-term borrowings 3,533,000 4,003,000
Payments on long-term borrowings (3,380,000) (678,000)
Proceeds from issuance of Series J preferred stock 0 733,000
Redemption of Series E preferred stock 0 (350,000)
Purchases of treasury stock (2,129,000) (198,000)
Dividends paid — common (671,000) (671,000)
Dividends paid — preferred (112,000) (107,000)
Other, net (25,000) 96,000
Net cash from financing activities 545,000 1,394,000
Net change in cash, cash equivalents and restricted cash 41,000 485,000
Cash, cash equivalents and restricted cash at beginning of period 1,909,000 1,731,000
Cash, cash equivalents and restricted cash at end of period 1,950,000 2,216,000
Supplemental disclosure of cash flow information    
Interest received during the period 7,951,000 8,323,000
Interest paid during the period 2,722,000 3,294,000
Income taxes paid during the period 314,000 240,000
Supplemental schedule of noncash investing and financing activities    
Real estate acquired in settlement of loans 13,000 30,000
Additions to right-of-use assets under operating leases $ 75,000 $ 62,000