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Consolidated Statements of Condition - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Assets:    
Cash and cash equivalents $ 1,334,206 $ 741,870
Securities:    
Debt securities available-for-sale ($1,447,566 and $1,372,238 pledged at March 31, 2020 and December 31, 2019, respectively) (Allowance for credit losses of $0,000 at March 31, 2020) 5,455,245 5,853,057
Equity investments with readily determinable fair values, at fair value 32,616 32,830
Total securities 5,487,861 5,885,887
Loans and leases held for investment, net of deferred loan fees and costs 42,291,759 41,894,155
Less: Allowance for loan and lease losses (162,244) (147,638)
Total loans and leases held for investment, net 42,129,515 41,746,517
Federal Home Loan Bank stock, at cost [1] 663,870 647,562
Premises and equipment, net 306,657 312,626
Operating lease right-of-use assets 281,873 286,194
Goodwill 2,426,379 2,426,379
Bank-owned life insurance 1,152,444 1,145,058
Other real estate owned and other repossessed assets 9,526 12,268
Other assets 468,762 436,460
Total assets 54,261,093 53,640,821
Deposits:    
Interest-bearing checking and money market accounts 10,181,252 10,230,144
Savings accounts 4,955,670 4,780,007
Certificates of deposit 14,142,212 14,214,858
Non-interest-bearing accounts 2,693,632 2,432,123
Total deposits 31,972,766 31,657,132
Wholesale borrowings:    
Federal Home Loan Bank advances 13,477,661 13,102,661
Repurchase agreements 800,000 800,000
Total wholesale borrowings 14,277,661 13,902,661
Junior subordinated debentures 359,961 359,866
Subordinated notes 295,205 295,066
Total borrowed funds 14,932,827 14,557,593
Operating lease liabilities 281,853 285,991
Other liabilities 436,262 428,411
Total liabilities 47,623,708 46,929,127
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 490,439,070 shares issued; and 466,360,703 and 467,346,781 shares outstanding, respectively) 4,904 4,904
Paid-in capital in excess of par 6,101,540 6,115,487
Retained earnings 344,344 342,023
Treasury stock, at cost (24,078,367 and 23,092,289 shares, respectively) (235,678) (220,717)
Accumulated other comprehensive loss, net of tax:    
Net unrealized gain on securities available for sale, net of tax of $(4,607) and $(9,424), respectively 12,740 25,440
Net unrealized loss on pension and post-retirement obligations, net of tax of $21,685 and $22,191, respectively (57,803) (59,136)
Net unrealized (loss) gain on cash flow hedges, net of tax of $13,242 and $(333), respectively (35,502) 853
Total accumulated other comprehensive loss, net of tax (80,565) (32,843)
Total stockholders' equity 6,637,385 6,711,694
Total liabilities and stockholders' equity $ 54,261,093 $ 53,640,821
[1] Carrying value and estimated fair value are at cost.