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Consolidated Statements of Condition - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Assets:    
Cash and cash equivalents $ 984,296 $ 557,850
Securities:    
Available-for-sale 50,224 104,281
Held-to-maturity ($1,718,094 and $1,930,533 pledged, respectively) (fair value of $3,750,049 and $3,813,959, respectively) 3,642,104 3,712,776 [1]
Total securities 3,692,328 3,817,057
Non-covered loans held for sale 215,981 409,152
Non-covered loans held for investment, net of deferred loan fees and costs 37,330,489 37,382,722
Less: Allowance for losses on non-covered loans (154,450) (158,290)
Non-covered loans held for investment, net 37,176,039 37,224,432
Covered loans 1,599,101 1,698,133
Less: Allowance for losses on covered loans (17,906) (23,701)
Covered loans, net 1,581,195 1,674,432
Total loans, net 38,973,215 39,308,016
Federal Home Loan Bank stock, at cost [2] 577,943 590,934
Premises and equipment, net 379,304 373,675
FDIC loss share receivable 221,158 243,686
Goodwill 2,436,131 2,436,131
Core deposit intangibles 54 208
Mortgage servicing rights (includes $228,800 and $228,099, respectively, measured at fair value) 234,306 233,961
Bank-owned life insurance 955,440 949,026
Other real estate owned (includes $17,292 and $16,990, respectively, covered by loss sharing agreements) 27,551 28,598
Other assets 342,838 387,413
Total assets 48,824,564 48,926,555
Deposits:    
NOW and money market accounts 12,972,381 13,395,080
Savings accounts 5,335,783 5,280,374
Certificates of deposit 7,562,207 7,577,170
Non-interest-bearing accounts 2,856,175 2,635,279
Total deposits 28,726,546 28,887,903
Wholesale borrowings:    
Federal Home Loan Bank advances 11,354,500 11,664,500
Repurchase agreements 1,500,000 1,500,000
Fed funds purchased   150,000
Total wholesale borrowings 12,854,500 13,314,500
Junior subordinated debentures 358,952 358,879
Total borrowed funds 13,213,452 13,673,379
Other liabilities 237,215 241,282
Total liabilities 42,177,213 42,802,564
Stockholders' equity:    
Preferred stock at par $0.01 (5,000,000 shares authorized): Series A (515,000 shares issued and outstanding) 503,116  
Common stock at par $0.01 (900,000,000 shares authorized; 488,953,712 and 487,067,889 shares issued; and 488,953,712 and 487,056,676 shares outstanding, respectively) 4,890 4,871
Paid-in capital in excess of par 6,045,979 6,047,558
Retained earnings 149,425 128,435
Treasury stock, at cost (11,213 shares at December 31, 2016)   (160)
Accumulated other comprehensive loss, net of tax:    
Net unrealized loss on securities available for sale, net of tax of $951 and $534, respectively (1,336) (753)
Net unrealized loss on the non-credit portion of other-than-temporary impairment ("OTTI") losses on securities, net of tax of $3,338 and $3,351, respectively (5,222) (5,241)
Net unrealized loss on pension and post-retirement obligations, net of tax of $33,483 and $34,355, respectively (49,501) (50,719)
Total accumulated other comprehensive loss, net of tax (56,059) (56,713)
Total stockholders' equity 6,647,351 6,123,991
Total liabilities and stockholders' equity $ 48,824,564 $ 48,926,555
[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 December 31, 2016, the non-credit portion of OTTI recorded in AOCL was $8.6 million (before taxes).
[2] Carrying value and estimated fair value are at cost.