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Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 1,298,192 $ 1,432,805
Interest-bearing deposits at banks 8,896,307 7,190,154
Federal funds sold   3,500
Trading account 1,224,291 470,129
Investment securities (includes pledged securities that can be sold or repledged of $195,217 at March 31, 2020; $200,339 at December 31, 2019)    
Available for sale (cost: $5,948,056 at March 31, 2020; $6,258,276 at December 31, 2019) 6,139,979 6,318,776
Held to maturity (fair value: $2,397,849 at March 31, 2020; $2,699,206 at December 31, 2019) 2,300,642 2,656,917
Equity and other securities (cost: $502,234 at March 31, 2020; $487,041 at December 31, 2019) 515,969 521,558
Total investment securities 8,956,590 9,497,251
Loans and leases 94,408,178 91,188,525
Unearned discount (265,903) (265,656)
Loans and leases, net of unearned discount 94,142,275 90,922,869
Allowance for credit losses (1,384,366) (1,051,071)
Loans and leases, net 92,757,909 89,871,798
Premises and equipment 1,154,558 1,140,924
Goodwill 4,593,112 4,593,112
Core deposit and other intangible assets 25,121 29,034
Accrued interest and other assets 5,671,753 5,644,050
Total assets 124,577,833 119,872,757
Liabilities    
Noninterest-bearing deposits 35,554,715 32,396,407
Savings and interest-checking deposits 57,956,331 54,932,162
Time deposits 5,454,341 5,757,456
Deposits at Cayman Islands office 1,217,921 1,684,044
Total deposits 100,183,308 94,770,069
Short-term borrowings 59,180 62,363
Accrued interest and other liabilities 2,198,116 2,337,490
Long-term borrowings 6,321,435 6,986,186
Total liabilities 108,762,039 104,156,108
Shareholders' equity    
Preferred stock, $1.00 par, 1,000,000 shares authorized; Issued and outstanding: Liquidation preference of $1,000 per share: 350,000 shares at March 31, 2020 and December 31, 2019; Liquidation preference of $10,000 per share: 90,000 shares at March 31, 2020 and December 31, 2019 1,250,000 1,250,000
Common stock, $.50 par, 250,000,000 shares authorized, 159,741,898 shares issued at March 31, 2020 and December 31, 2019 79,871 79,871
Common stock issuable, 17,641 shares at March 31, 2020; 21,534 shares at December 31, 2019 1,292 1,566
Additional paid-in capital 6,588,407 6,593,539
Retained earnings 12,837,390 12,820,916
Accumulated other comprehensive income (loss), net 209,833 (206,680)
Treasury stock — common, at cost — 31,477,259 shares at March 31, 2020; 29,174,402 shares at December 31, 2019 (5,150,999) (4,822,563)
Total shareholders’ equity 15,815,794 15,716,649
Total liabilities and shareholders’ equity $ 124,577,833 $ 119,872,757