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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities      
Net income $ 1,991,663 $ 1,858,746 $ 1,353,152
Adjustments to reconcile net income to net cash provided by operating activities      
Provision for credit losses 517,000 (75,000) 800,000
Depreciation and amortization of premises and equipment 282,056 224,274 220,598
Amortization of capitalized servicing rights 96,463 89,767 84,821
Amortization of core deposit and other intangible assets 55,624 10,167 14,869
Provision for deferred income taxes (29,987) 87,159 (31,291)
Asset write-downs 8,471 8,431 21,014
Net gain on sales of assets (153,491) (10,308) (19,441)
Net change in accrued interest receivable, payable (122,755) 65,724 (132,252)
Net change in other accrued income and expense (69,993) 52,540 (418,752)
Net change in loans originated for sale 771,458 (163,623) (542,078)
Net change in trading account and non-hedging derivative assets and liabilities 1,227,231 567,082 (561,453)
Net cash provided by operating activities 4,573,740 2,714,959 789,187
Cash flows from investing activities      
Proceeds from sales of investment securities equity and other 242,596 17,654 67,036
Proceeds from maturities of investment securities Available for sale 795,157 1,433,793 1,614,557
Proceeds from maturities of investment securities Held to maturity 1,515,623 615,201 911,555
Purchases of investment securities Available for sale (7,221,885) (677,916) (7,581)
Purchases of investment securities Held to maturity (1,889,954) (1,601,698) (11,993)
Purchases of investment securities equity and other (456,024) (30,153) (29,004)
Net (increase) decrease in loans and leases (3,639,040) 5,676,670 (7,231,694)
Net (increase) decrease in interest-bearing deposits at banks 26,106,931 (18,208,494) (16,473,656)
Capital expenditures, net (214,388) (149,213) (172,289)
Net (increase) decrease in loan servicing advances 1,578,825 (197,141) (754,823)
Acquisition, net of cash consideration, Bank and bank holding company 393,923    
Other, net (619,028) (510,302) 67,411
Net cash provided (used) by investing activities 16,592,736 (13,631,599) (22,020,481)
Cash flows from financing activities      
Net increase (decrease) in deposits (20,993,952) 11,737,671 25,037,167
Net increase (decrease) in short-term borrowings 2,613,036 (12,436) (2,881)
Proceeds from long-term borrowings 998,540 9,500  
Payments on long-term borrowings (907,240) (853,091) (2,665,023)
Purchases of treasury stock (1,800,000)   (373,750)
Dividends paid — common (784,089) (580,260) (568,112)
Dividends paid — preferred (96,927) (68,200) (68,256)
Proceeds from issuance of Series I preferred stock   495,000  
Other, net (13,177) (26,710) (11,413)
Net cash provided (used) by financing activities (20,983,809) 10,701,474 21,347,732
Net increase (decrease) in cash, cash equivalents and restricted cash 182,667 (215,166) 116,438
Cash, cash equivalents and restricted cash at beginning of period 1,337,577 1,552,743 1,436,305
Cash, cash equivalents and restricted cash at end of period 1,520,244 1,337,577 1,552,743
Supplemental disclosure of cash flow information      
Interest received during the period 6,134,684 3,976,804 4,135,990
Interest paid during the period 428,772 139,164 372,291
Income taxes paid during the period 487,618 314,295 275,558
Supplemental schedule of noncash investing and financing activities      
Real estate acquired in settlement of loans 31,376 8,851 20,646
Additions to right-of-use assets under operating leases 137,998 57,760 $ 70,754
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