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Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 1,258,989 $ 1,552,743
Interest-bearing deposits at banks 31,407,227 23,663,810
Federal funds sold 1,000  
Trading account 687,359 1,068,581
Investment securities (includes pledged securities that can be sold or repledged of $89,522 at March 31, 2021; $105,136 at December 31, 2020)    
Available for sale (cost: $4,194,886 at March 31, 2021; $4,621,027 at December 31, 2020 4,364,437 4,822,606
Held to maturity (fair value: $1,850,210 at March 31, 2021; $1,842,281 at December 31, 2020) 1,778,135 1,748,989
Equity and other securities (cost: $455,286 at March 31, 2021; $449,008 at December 31, 2020) 468,095 474,102
Total investment securities 6,610,667 7,045,697
Loans and leases 99,691,141 98,875,788
Unearned discount (392,061) (339,921)
Loans and leases, net of unearned discount 99,299,080 98,535,867
Allowance for credit losses (1,636,206) (1,736,387)
Loans and leases, net 97,662,874 96,799,480
Premises and equipment 1,148,941 1,161,558
Goodwill 4,593,112 4,593,112
Core deposit and other intangible assets 11,427 14,165
Accrued interest and other assets 7,099,464 6,701,959
Total assets 150,481,060 142,601,105
Liabilities    
Noninterest-bearing deposits 53,641,419 47,572,884
Savings and interest-checking deposits 70,679,036 67,680,840
Time deposits 3,514,219 3,899,910
Deposits at Cayman Islands office 641,691 652,104
Total deposits 128,476,365 119,805,738
Short-term borrowings 58,957 59,482
Accrued interest and other liabilities 2,000,727 2,166,409
Long-term borrowings 3,498,503 4,382,193
Total liabilities 134,034,552 126,413,822
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, 2021 and December 31, 2020; Liquidation preference of $10,000 per share: 90,000 shares at March 31, 2021 and December 31, 2020 1,250,000 1,250,000
Common stock, $.50 par, 250,000,000 shares authorized, 159,741,898 shares issued at March 31, 2021 and December 31, 2020 79,871 79,871
Common stock issuable, 15,492 shares at March 31, 2021; 18,113 shares at December 31, 2020 1,165 1,344
Additional paid-in capital 6,611,150 6,617,404
Retained earnings 13,731,893 13,444,428
Accumulated other comprehensive income (loss), net (138,478) (63,032)
Treasury stock — common, at cost — 31,098,951 shares at March 31, 2021; 31,426,742 shares at December 31, 2020 (5,089,093) (5,142,732)
Total shareholders’ equity 16,446,508 16,187,283
Total liabilities and shareholders’ equity $ 150,481,060 $ 142,601,105