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Consolidated Statements of Condition - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Assets:    
Cash and cash equivalents $ 585,794 $ 564,150
Securities:    
Available-for-sale ($10,752 and $11,436 pledged, respectively) 162,326 173,783
Held-to-maturity ($4,503,995 and $4,584,886 pledged, respectively) (fair value of $6,812,774 and $7,085,971, respectively) 6,597,285 [1] 6,922,667 [2]
Total securities 6,759,611 7,096,450
Non-covered loans held for sale 380,613 379,399
Non-covered loans held for investment, net of deferred loan fees and costs 34,146,565 33,024,956
Less: Allowance for losses on non-covered loans (146,045) (139,857)
Non-covered loans held for investment, net 34,000,520 32,885,099
Covered loans 2,149,055 2,428,622
Less: Allowance for losses on covered loans (37,632) (45,481)
Covered loans, net 2,111,423 2,383,141
Total loans, net 36,492,556 35,647,639
Federal Home Loan Bank stock, at cost [3] 538,473 515,327
Premises and equipment, net 327,523 319,002
FDIC loss share receivable 336,665 397,811
Goodwill 2,436,131 2,436,131
Core deposit intangibles, net 3,734 7,943
Mortgage servicing rights 236,218 227,297
Bank-owned life insurance 935,210 915,156
Other real estate owned (includes $29,113 and $32,048, respectively, covered by loss sharing agreements) 52,704 94,004
Other assets 340,863 338,307
Total assets 49,045,482 48,559,217
Deposits:    
NOW and money market accounts 12,702,596 12,549,600
Savings accounts 7,506,031 7,051,622
Certificates of deposit 5,517,871 6,420,598
Non-interest-bearing accounts 2,553,673 2,306,914
Total deposits 28,280,171 28,328,734
Wholesale borrowings:    
Federal Home Loan Bank advances 10,529,244 10,183,132
Repurchase agreements 3,325,000 3,425,000
Fed funds purchased 511,000 260,000
Total wholesale borrowings 14,365,244 13,868,132
Junior subordinated debentures 358,541 358,355
Total borrowed funds 14,723,785 14,226,487
Other liabilities 214,689 222,181
Total liabilities $ 43,218,645 $ 42,777,402
Stockholders' equity:    
Preferred stock at par $0.01 (5,000,000 shares authorized; none issued)
Common stock at par $0.01 (600,000,000 shares authorized; 444,343,024 and 442,659,460 shares issued, and 444,319,494 and 442,587,190 shares outstanding, respectively) $ 4,444 $ 4,427
Paid-in capital in excess of par 5,386,863 5,369,623
Retained earnings 489,383 464,569
Treasury stock, at cost (23,530 and 72,270 shares, respectively) (426) (1,118)
Accumulated other comprehensive loss, net of tax:    
Net unrealized gain on securities available for sale, net of tax of $1,130 and $2,022, respectively 1,560 2,990
Net unrealized loss on the non-credit portion of other-than-temporary impairment ("OTTI") losses on securities, net of tax of $3,411 and $3,444, respectively (5,335) (5,387)
Net unrealized loss on pension and post-retirement obligations, net of tax of $33,480 and $36,118, respectively (49,652) (53,289)
Total accumulated other comprehensive loss, net of tax (53,427) (55,686)
Total stockholders' equity 5,826,837 5,781,815
Total liabilities and stockholders' equity $ 49,045,482 $ 48,559,217
[1] Held-to-maturity securities are reported at a carrying amount equal to amortized cost less the non-credit portion of OTTI recorded in AOCL. At September 30, 2015, the non-credit portion of OTTI recorded in AOCL was $8.7 million (before tax).
[2] Held-to-maturity securities are reported at a carrying amount equal to amortized cost less the non-credit portion of OTTI recorded in AOCL. At December 31, 2014, the non-credit portion of OTTI recorded in AOCL was $8.8 million (before taxes).
[3] Carrying value and estimated fair value are at cost.