XML 178 R151.htm IDEA: XBRL DOCUMENT v3.20.4
Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Deferred tax assets:    
Allowance for credit losses $ 158,161 $ 103,267
Share-based compensation expense 15,531 14,233
State income taxes 16,640 16,097
Accrued compensation 44,112 22,578
Lease liability 69,714 60,635
Other accruals 10,018 12,383
Net operating loss 7,501 6,386
Goodwill and intangibles 3,165 3,141
Foreign tax credit carryforward 9,028 0
SBA loan fees 6,115 0
Other 8,110 7,923
Deferred tax assets 348,095 246,643
Valuation allowance (7,094) (5,919)
Net deferred tax assets after valuation allowance 341,001 240,724
Deferred tax liabilities:    
Derivative equity warrant assets (71,019) (45,533)
Net unrealized gains on cash flow hedge derivatives (49,772) 0
Net unrealized gains on AFS debt securities (185,634) (33,480)
Non-marketable and other equity securities (118,712) (54,239)
Premises and equipment and other intangibles (23,721) (16,459)
Right-of-use asset and deferred rent assets (52,057) (50,493)
Other (12,340) (12,087)
Deferred tax liabilities (513,255) (212,291)
Net deferred tax assets   $ 28,433
Net deferred tax liabilities $ (172,254)