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Condensed Consolidated Statements of Financial Condition (unaudited) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
ASSETS:    
Cash and cash equivalents $ 8,094 $ 15,430
Securities:    
Debt Securities available-for-sale 14,823 10,402
Equity investments with readily determinable fair values, at fair value 14 14
Total securities 14,837 10,416
Loans held for sale 319 899
Loans and leases held for investment, net of deferred loan fees and costs 64,121 68,272
Less: Allowance for credit losses on loans and leases, held for investment (1,106) (1,201)
Total loans and leases held for investment, net 63,015 67,071
Federal Home Loan Bank stock and Federal Reserve Bank stock, at cost 1,017 1,146
Premises and equipment, net 474 562
Core deposit and other intangibles 433 488
Bank-owned life insurance 1,625 1,605
Other assets 2,423 2,543
Total assets 92,237 100,160
Deposits:    
Interest-bearing checking and money market accounts 19,067 20,780
Savings accounts 14,460 14,282
Certificates of deposit 24,212 27,324
Non-interest-bearing accounts 12,006 13,484
Total deposits 69,745 75,870
Borrowed funds:    
Wholesale borrowings 12,150 13,400
Junior subordinated debentures 584 582
Subordinated notes 446 444
Total borrowed funds 13,180 14,426
Other liabilities 1,216 1,696
Total liabilities 84,141 91,992
Commitment and contingencies (refer to Note 17)
Mezzanine equity:    
Preferred stock - Series B 1 1
Stockholders' equity:    
Preferred stock - Series A and D 503 503
Common stock at par $0.01 (666,666,666 and 666,666,666 shares authorized; 422,623,325 and 422,416,178 shares issued; and 415,353,394 and 414,934,628 shares outstanding, respectively) 4 4
Paid-in capital in excess of par 9,291 9,282
Accumulated deficit (957) (763)
Treasury stock, at cost (7,269,931 and 7,481,550 shares, respectively) (204) (219)
AOCL, net of tax (542) (640)
Total stockholders’ equity 8,095 8,167
Total liabilities, mezzanine and stockholders’ equity $ 92,237 $ 100,160
Common stock (in usd per share) $ 0.01 $ 0.01