XML 12 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Condition - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Assets:    
Cash and cash equivalents $ 2,204,397 $ 2,528,169
Securities:    
Debt securities available-for-sale ($842,424 and $1,263,227 pledged, respectively) 4,122,883 [1] 3,531,427
Equity investments with readily determinable fair values, at fair value 31,766  
Total securities 4,154,649 3,531,427
Loans held for sale   35,258
Loans held for investment, net of deferred loan fees and costs 39,447,825 38,387,971
Less: Allowance for loan losses (160,652) (158,046)
Loans held for investment, net 39,287,173 38,229,925
Total loans, net 39,287,173 38,265,183
Federal Home Loan Bank stock, at cost [2] 653,075 603,819
Premises and equipment, net 359,725 368,655
Goodwill 2,436,131 2,436,131
Mortgage servicing rights ($2,505 and $2,729 measured at fair value, respectively) 4,362 6,100
Bank-owned life insurance 971,795 967,173
Other real estate owned and other repossessed assets 14,204 16,400
Other assets 383,659 401,138
Total assets 50,469,170 49,124,195
Deposits:    
Interest-bearing checking and money market accounts 11,830,315 12,936,301
Savings accounts 4,920,967 5,210,001
Certificates of deposit 10,306,519 8,643,646
Non-interest-bearing accounts 2,498,044 2,312,215
Total deposits 29,555,845 29,102,163
Wholesale borrowings:    
Federal Home Loan Bank advances 13,234,500 12,104,500
Repurchase agreements 200,000 450,000
Total wholesale borrowings 13,434,500 12,554,500
Junior subordinated debentures 359,339 359,179
Total borrowed funds 13,793,839 12,913,679
Other liabilities 330,134 312,977
Total liabilities 43,679,818 42,328,819
Stockholders' equity:    
Preferred stock at par $0.01 (5,000,000 shares authorized): Series A (515,000 shares issued and outstanding) 502,840 502,840
Common stock at par $0.01 (900,000,000 shares authorized; 490,439,070 and 489,072,101 shares issued; and 490,379,705 and 488,490,352 shares outstanding, respectively) 4,904 4,891
Paid-in capital in excess of par 6,082,394 6,072,559
Retained earnings 271,559 237,868
Treasury stock, at cost (59,365 and 581,749 shares, respectively) (757) (7,615)
Accumulated other comprehensive loss, net of tax:    
Net unrealized (loss) gain on securities available for sale, net of tax of $3,757 and $(27,961), respectively (9,069) 39,188
Net unrealized loss on the non-credit portion of OTTI losses on securities, net of tax of $2,517 and $3,338, respectively (6,042) (5,221)
Net unrealized loss on pension and post-retirement obligations, net of tax of $21,057 and $32,121, respectively (56,477) (49,134)
Total accumulated other comprehensive loss, net of tax (71,588) (15,167)
Total stockholders' equity 6,789,352 6,795,376
Total liabilities and stockholders' equity $ 50,469,170 $ 49,124,195
[1] As equity securities have no contractual maturity, they have been excluded from this table.
[2] Carrying value and estimated fair value are at cost.