XML 16 R6.htm IDEA: XBRL DOCUMENT v3.21.2
Interim Consolidated Statements of Stockholders' Equity - USD ($)
$ in Millions
Total
Impact of adopting ASC 326
Common Stock
Noncumulative Preferred Stock
Preferred Stock
Preferred Stock
Noncumulative Preferred Stock
Common Stock
Common Stock
Common Stock
Additional Paid-in Capital
Additional Paid-in Capital
Common Stock
Retained Earnings
Retained Earnings
Impact of adopting ASC 326
Accumulated Other Comprehensive Income
Total SVBFG Stockholders’ Equity
Total SVBFG Stockholders’ Equity
Impact of adopting ASC 326
Total SVBFG Stockholders’ Equity
Common Stock
Total SVBFG Stockholders’ Equity
Noncumulative Preferred Stock
Noncontrolling Interests
Balance (in shares) at Dec. 31, 2019             51,655,607                      
Balance, beginning of period, net of tax at Dec. 31, 2019 $ 6,621       $ 340   $ 0   $ 1,470   $ 4,576   $ 84 $ 6,470       $ 151
Balance, beginning of period, net of tax (Day one impact for adoption of ASC 326) at Dec. 31, 2019   $ (35)                   $ (35)     $ (35)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Common stock issued under employee benefit plans, net of restricted stock cancellations (in shares)             376,588                      
Common stock issued under employee benefit plans, net of restricted stock cancellations 18           $ 0   18         18        
Net income 855                   815     815       40
Capital calls and distributions, net (17)                                 (17)
Other comprehensive (loss) income, net of tax 536                       536 536        
Share-based compensation, net 61               61         61        
Common stock repurchases (in shares)             (244,223)                      
Common stock repurchases (60)           $ 0       (60)     (60)        
Dividends on preferred stock (12)                   (12)     (12)        
Balance (in shares) at Sep. 30, 2020             51,787,972                      
Balance, end of period, net of tax at Sep. 30, 2020 7,967       340   $ 0   1,549   5,284   620 7,793       174
Balance (in shares) at Jun. 30, 2020             51,740,714                      
Balance, beginning of period, net of tax at Jun. 30, 2020 7,468       340   $ 0   1,523   4,842   614 7,319       149
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Common stock issued under employee benefit plans, net of restricted stock cancellations (in shares)             47,258                      
Common stock issued under employee benefit plans, net of restricted stock cancellations 4               4         4        
Net income 474                   446     446       28
Capital calls and distributions, net (3)                                 (3)
Other comprehensive (loss) income, net of tax 6                                  
Share-based compensation, net 22               22         22        
Dividends on preferred stock (4)                   (4)     (4)        
Balance (in shares) at Sep. 30, 2020             51,787,972                      
Balance, end of period, net of tax at Sep. 30, 2020 7,967       340   $ 0   1,549   5,284   620 7,793       174
Balance (in shares) at Dec. 31, 2020             51,888,463                      
Balance, beginning of period, net of tax at Dec. 31, 2020 8,433       340   $ 0   1,585   5,672   623 8,220       213
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Common stock issued under employee benefit plans, net of restricted stock cancellations (in shares)             374,039                      
Common stock issued under employee benefit plans, net of restricted stock cancellations (1)           $ 0   (1)         (1)        
Issuance of stock     $ 2,363 $ 1,724       $ 0   $ 2,363           $ 2,363 $ 1,724  
Issuance of stock (in shares)           1,724,000,000   4,527,000                    
Net income 1,665                   1,439     1,439       226
Capital calls and distributions, net (70)                                 (70)
Other comprehensive (loss) income, net of tax (558)                         (558)        
Share-based compensation, net 93               93         93        
Dividends on preferred stock (40)                   40     (40)        
Balance (in shares) at Sep. 30, 2021             58,677,483                      
Balance, end of period, net of tax at Sep. 30, 2021 14,669       2,064   $ 0   5,100   7,071   65 14,300       369
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Issuance of common stock for the acquisition of Boston Private (in shares)               1,887,981                    
Issuance of common stock for the acquisition of Boston Private     1,060         $ 0   1,060           1,060    
Balance (in shares) at Jun. 30, 2021             54,530,307                      
Balance, beginning of period, net of tax at Jun. 30, 2021 11,967       2,064   $ 0   2,755   6,706   142 11,667       300
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Common stock issued under employee benefit plans, net of restricted stock cancellations (in shares)             32,195                      
Common stock issued under employee benefit plans, net of restricted stock cancellations 2               2         2        
Issuance of stock     1,245         $ 0   1,245           1,245    
Issuance of stock (in shares)               2,227,000                    
Net income 475                   387     387       88
Capital calls and distributions, net (19)                                 (19)
Other comprehensive (loss) income, net of tax (77)                                  
Share-based compensation, net 38               38         38        
Dividends on preferred stock (22)                   (22)     (22)        
Balance (in shares) at Sep. 30, 2021             58,677,483                      
Balance, end of period, net of tax at Sep. 30, 2021 $ 14,669       $ 2,064   $ 0   $ 5,100   $ 7,071   $ 65 $ 14,300       $ 369
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Issuance of common stock for the acquisition of Boston Private (in shares)               1,887,981                    
Issuance of common stock for the acquisition of Boston Private     $ 1,060         $ 0   $ 1,060           $ 1,060