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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
ASSETS:    
Cash and cash equivalents $ 8,484 $ 15,430
Securities:    
Debt securities available-for-sale 15,052 10,402
Equity investments with readily determinable fair values, at fair value 55 14
Total securities 15,107 10,416
Loans held for sale 535 899
Loans and leases held for investment, net of deferred loan fees and costs 62,661 68,272
Less: Allowance for credit losses on loans and leases, held for investment (1,071) (1,201)
Total loans and leases held for investment, net 61,590 67,071
Federal Home Loan Bank stock and Federal Reserve Bank stock, at cost 1,018 1,146
Premises and equipment, net 464 562
Core deposit and other intangibles 407 488
Bank-owned life insurance 1,633 1,605
Other assets 2,430 2,543
Total assets 91,668 100,160
Deposits:    
Interest-bearing checking and money market accounts 20,045 20,780
Savings accounts 14,782 14,282
Certificates of deposit 22,369 27,324
Non-interest-bearing accounts 11,956 13,484
Total deposits 69,152 75,870
Borrowed funds:    
Wholesale borrowings 12,150 13,400
Junior subordinated debentures 584 582
Subordinated notes 448 444
Total borrowed funds 13,182 14,426
Other liabilities 1,225 1,696
Total liabilities 83,559 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; 422,749,037 and 422,416,178 shares issued; and 415,608,145 and 414,934,628 shares outstanding, respectively) 4 4
Paid-in capital in excess of par 9,300 9,282
Accumulated deficit (1,006) (763)
Treasury stock, at cost (7,140,892 and 7,481,550 shares, respectively) (198) (219)
AOCL, net of tax (495) (640)
Total stockholders’ equity 8,108 8,167
Total liabilities, mezzanine and stockholders’ equity $ 91,668 $ 100,160
Common stock (in usd per share) $ 0.01 $ 0.01