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Consolidated Statement of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Interest income    
Loans and leases, including fees $ 1,117,913 $ 979,969
Investment securities    
Fully taxable 80,411 82,852
Exempt from federal taxes 95 248
Deposits at banks 27,407 18,677
Other 483 404
Total interest income 1,226,309 1,082,150
Interest expense    
Savings and interest-checking deposits 76,138 40,527
Time deposits 21,081 10,936
Deposits at Cayman Islands office 4,738 381
Short-term borrowings 6,713 883
Long-term borrowings 67,579 53,906
Total interest expense 176,249 106,633
Net interest income 1,050,060 975,517
Provision for credit losses 22,000 43,000
Net interest income after provision for credit losses 1,028,060 932,517
Other income    
Brokerage services income 12,476 13,392
Trading account and foreign exchange gains 10,802 4,637
Gain (loss) on bank investment securities 11,841 (9,431)
Other revenues from operations 134,437 126,302
Total other income 500,765 458,696
Other expense    
Salaries and employee benefits 499,200 463,428
Equipment and net occupancy 79,347 74,797
Outside data processing and software 52,417 48,429
FDIC assessments 9,426 20,280
Advertising and marketing 20,275 16,248
Printing, postage and supplies 9,855 9,319
Amortization of core deposit and other intangible assets 5,020 6,632
Other costs of operations 218,808 294,211
Total other expense 894,348 933,344
Income before taxes 634,477 457,869
Income taxes 151,735 105,259
Net income 482,742 352,610
Net income available to common shareholders    
Basic 462,086 332,748
Diluted $ 462,086 $ 332,749
Net income per common share    
Basic $ 3.35 $ 2.24
Diluted $ 3.35 $ 2.23
Average common shares outstanding    
Basic 137,889 148,688
Diluted 137,920 148,905
Mortgage Banking Revenues [Member]    
Other income    
Revenue from contract with customer $ 95,311 $ 87,306
Service Charges on Deposit Accounts [Member]    
Other income    
Revenue from contract with customer 103,112 105,115
Trust Income [Member]    
Other income    
Revenue from contract with customer $ 132,786 $ 131,375