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Consolidated Statements of Condition - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Assets:    
Cash and cash equivalents $ 2,680,772 $ 2,528,169
Securities:    
Available-for-sale ($1,232,077 and $1,263,227 pledged, respectively) 3,391,952 3,531,427 [1]
Equity investments with readily determinable fair values, at fair value 32,069  
Total securities 3,424,021 3,531,427
Loans held for sale 31,402 35,258
Loans held for investment, net of deferred loan fees and costs 38,889,423 38,387,971
Less: Allowance for loan losses (161,140) (158,046)
Loans held for investment, net 38,728,283 38,229,925
Total loans, net 38,759,685 38,265,183
Federal Home Loan Bank stock, at cost [2] 622,989 603,819
Premises and equipment, net 364,312 368,655
Goodwill 2,436,131 2,436,131
Mortgage servicing rights ($2,575 and $2,729 measured at fair value, respectively) 5,187 6,100
Bank-owned life insurance 965,655 967,173
Other real estate owned and other repossessed assets 15,458 16,400
Other assets 380,664 401,138
Total assets 49,654,874 49,124,195
Deposits:    
Interest-bearing checking and money market accounts 12,633,937 12,936,301
Savings accounts 5,019,698 5,210,001
Certificates of deposit 9,063,320 8,643,646
Non-interest-bearing accounts 2,518,479 2,312,215
Total deposits 29,235,434 29,102,163
Wholesale borrowings:    
Federal Home Loan Bank advances 12,534,500 12,104,500
Repurchase agreements 450,000 450,000
Total wholesale borrowings 12,984,500 12,554,500
Junior subordinated debentures 359,259 359,179
Total borrowed funds 13,343,759 12,913,679
Other liabilities 294,964 312,977
Total liabilities 42,874,157 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 490,379,532 and 488,490,352 shares outstanding, respectively) 4,904 4,891
Paid-in capital in excess of par 6,073,755 6,072,559
Retained earnings 255,777 237,868
Treasury stock, at cost (59,538 and 581,749 shares, respectively) (777) (7,615)
Accumulated other comprehensive loss, net of tax:    
Net unrealized gain on securities available for sale, net of tax of $(3,354) and $(27,961), respectively 8,050 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 $21,604 and $32,121, respectively (57,790) (49,134)
Total accumulated other comprehensive loss, net of tax (55,782) (15,167)
Total stockholders' equity 6,780,717 6,795,376
Total liabilities and stockholders' equity $ 49,654,874 $ 49,124,195
[1] The amortized cost includes the non-credit portion of OTTI recorded in AOCL. At December 31, 2017, 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.