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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities    
Net income $ 1,226,292 $ 1,400,778
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for credit losses 427,000 (60,000)
Depreciation and amortization of premises and equipment 219,737 169,232
Amortization of capitalized servicing rights 75,165 66,000
Amortization of core deposit and other intangible assets 38,024 8,213
Provision for deferred income taxes (89,413) 70,190
Asset write-downs 7,358 5,046
Net gain on sales of assets (14,583) (15,260)
Net change in accrued interest receivable, payable (58,629) 20,395
Net change in other accrued income and expense (71,004) 50,804
Net change in loans originated for sale 560,861 (117,139)
Net change in trading account and non-hedging derivative assets and liabilities 1,299,313 419,772
Net cash provided by operating activities 3,620,121 2,018,031
Cash flows from investing activities    
Proceeds from sales of investment securities equity and other 42,999 8,937
Proceeds from maturities of investment securities Available for sale 641,573 1,139,203
Proceeds from maturities of investment securities Held to maturity 1,053,989 476,352
Purchases of investment securities Available for sale (7,219,785) (5,389)
Purchases of investment securities Held to maturity (796,312) (1,087,656)
Purchases of investment securities equity and other (155,290) (27,270)
Net (increase) decrease in loans and leases (58,942) 4,977,272
Net (increase) decrease in interest-bearing deposits at banks 25,674,122 (14,781,978)
Capital expenditures, net (126,810) (87,165)
Net (increase) decrease in loan servicing advances 1,324,912 (402,175)
Acquisition, net of cash consideration, Bank and bank holding company 393,923  
Other, net (516,504) (388,305)
Net cash provided (used) by investing activities 20,257,875 (10,178,174)
Cash flows from financing activities    
Net increase (decrease) in deposits (20,663,949) 8,895,558
Net increase (decrease) in short-term borrowings (24,111) 44,066
Proceeds from long-term borrowings 499,250 9,500
Payments on long-term borrowings (907,191) (853,041)
Purchases of treasury stock (1,200,000)  
Dividends paid — common (578,968) (425,541)
Dividends paid — preferred (80,600) (55,388)
Proceeds from issuance of Series I preferred stock   495,000
Other, net (4,194) (23,042)
Net cash provided (used) by financing activities (22,959,763) 8,087,112
Net increase (decrease) in cash, cash equivalents and restricted cash 918,233 (73,031)
Cash, cash equivalents and restricted cash at beginning of period 1,337,577 1,552,743
Cash, cash equivalents and restricted cash at end of period 2,255,810 1,479,712
Supplemental disclosure of cash flow information    
Interest received during the period 4,145,231 2,976,574
Interest paid during the period 214,552 116,402
Income taxes paid during the period 362,866 278,783
Supplemental schedule of noncash investing and financing activities    
Real estate acquired in settlement of loans 21,017 6,822
Additions to right-of-use assets under operating leases 99,705 34,404
Loans held for sale transferred to loans held for investment   $ 330,188
Acquisition of bank and bank holding company, Common stock issued 8,286,515  
Acquisition of bank and bank holding company, Common stock awards converted 104,810  
Fair value of Assets acquired (noncash) 63,757,316  
Fair value of Liabilities assumed 55,499,314  
Fair value of Preferred stock converted $ 260,600