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Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Total
Performance/Service Based RSAs, RSA, [Member]
Board Authorized Purchase Program [Member]
Series C Preferred Stock
Series D Preferred Stock
Series E Preferred Stock
Series F Preferred Stock [Member]
Preferred Equity
Common Stock [Member]
Surplus
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Treasury Stock
Performance/Service Based RSAs, RSA, [Member]
Treasury Stock
Board Authorized Purchase Program [Member]
Beginning balance at Dec. 31, 2020 $ 4,090,933             $ 353,512 $ 1,752 $ 1,720,329 $ 2,458,920 $ 12,618 $ (456,198)    
Preferred stock shares outstanding, beginning balance (in shares) at Dec. 31, 2020               364,000              
Common stock shares outstanding, beginning balance (in shares) at Dec. 31, 2020                 175,216,000            
Comprehensive income:                              
Net income 350,994                   350,994        
Other Comprehensive Income, Other, Net of Tax (22,935)                     (22,935)      
Other comprehensive (loss) (22,935)                     (22,935)      
Comprehensive income 328,059                            
Purchase of preferred stock (164,458)             $ (160,317)     (4,141)        
Common stock issued:                              
Stock-based compensation plans, net 25,702                 (22,069) 0   47,771    
Purchase of Treasury Stock   $ (4,847) $ (132,955)                     $ (4,847) $ (132,955)
Cash dividends                              
Common stock dividends (116,061)                   (116,061)        
Preferred stock dividends (17,111)                   (17,111)        
Stock-based compensation expense, net 15,591                 15,591          
Other                         0    
Ending balance at Dec. 31, 2021 4,024,853             $ 193,195 $ 1,752 1,713,851 2,672,601 (10,317) (546,229)    
Preferred stock shares outstanding, ending balance (in shares) at Dec. 31, 2021               200,000              
Common stock shares outstanding, ending balance (in shares) at Dec. 31, 2021                 175,216,000            
Cash dividends                              
Purchase of preferred stock               (164,000)              
Preferred Stock, Dividends, Per Share, Cash Paid       $ 0.70252 $ 0.95613 $ 1.46875 $ 1.40625                
Net income 366,122                   366,122        
Other comprehensive (loss) (262,483)                     (262,483)      
Comprehensive income 103,639                            
Stock-based compensation plans, net 11,061                 (17,397)     28,458    
Purchase of Treasury Stock   (6,480)                       (6,480)  
Common stock dividends (123,137)                   (123,137)        
Preferred stock dividends [1] (11,500)                   (11,500)        
Stock-based compensation expense, net 16,280                 16,280          
Other (938)             $ 916     (916)   (938)    
Ending balance at Dec. 31, 2022 4,015,490             194,112 $ 1,752 1,712,733 2,904,882 (272,799) (525,190)    
Ending balance (Cumulative Effect, Period of Adoption, Adjustment [Member]) at Dec. 31, 2022 1,713                   1,713        
Ending balance (Cumulative Effect, Period of Adoption, Adjusted Balance [Member]) at Dec. 31, 2022 $ 4,026,566             $ 193,195 $ 1,752 1,713,851 2,674,314 (10,317) (546,229)    
Preferred stock shares outstanding, ending balance (in shares) at Dec. 31, 2022               200,000              
Preferred stock shares outstanding, ending balance (in shares) (Cumulative Effect, Period of Adoption, Adjusted Balance [Member]) at Dec. 31, 2022               200,000              
Common stock shares outstanding, ending balance (in shares) at Dec. 31, 2022 150,444,019               175,216,000            
Common stock shares outstanding, ending balance (in shares) (Cumulative Effect, Period of Adoption, Adjusted Balance [Member]) at Dec. 31, 2022                 175,216,000            
Cash dividends                              
Preferred Stock, Dividends, Per Share, Cash Paid       1.46875 1.40625                
Net income $ 182,956                   182,956        
Other comprehensive (loss) 101,703                     101,703      
Comprehensive income 284,659                            
Stock-based compensation plans, net 4,297                 (15,065)     19,362    
Purchase of Treasury Stock   $ (6,593)                       $ (6,593)  
Common stock dividends (129,534)                   (129,534)        
Preferred stock dividends [2] (11,500)                   (11,500)        
Stock-based compensation expense, net 17,155                 17,155          
Other                         0    
Ending balance at Dec. 31, 2023 $ 4,173,973             $ 194,112 $ 1,752 $ 1,714,822 $ 2,946,805 $ (171,096) $ (512,421)    
Preferred stock shares outstanding, ending balance (in shares) at Dec. 31, 2023               200,000              
Common stock shares outstanding, ending balance (in shares) at Dec. 31, 2023 151,036,674               175,216,000            
Cash dividends                              
Preferred Stock, Dividends, Per Share, Cash Paid           $ 1.46875 $ 1.40625                
[1]
(a) Series C, $0.70252 per share; Series D, $0.95613 per share; Series E, $1.46875 per share; and Series F, $1.40625 per share.
(b) MSRs at December 31, 2021 were carried at LOCOM. On January 1, 2022, the Corporation made the irrevocable election to account for MSRs at fair value.
[2]
(c) Series E, $1.46875 per share; and Series F, $1.40625 per share.