XML 16 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Condition - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
ASSETS:    
Cash and cash equivalents $ 1,474,955 $ 2,528,169
Securities:    
Debt securities available for sale ($1,228,702 and $1,263,227 pledged at December 31, 2018 and 2017, respectively) 5,613,520 3,531,427
Equity investments with readily determinable fair values, at fair value 30,551
Total securities 5,644,071 3,531,427
Loans held for sale 35,258
Loans held for investment, net of deferred loan fees and costs 40,165,908 38,387,971
Less: Allowance for loan losses (159,820) (158,046)
Loans held for investment, net 40,006,088 38,229,925
Total loans, net 40,006,088 38,265,183
Federal Home Loan Bank stock, at cost 644,590 603,819
Premises and equipment, net 346,179 368,655
Goodwill 2,436,131 2,436,131
Mortgage servicing rights ($2,729 measured at fair value at December 31, 2017) 780 6,100
Bank-owned life insurance 977,627 967,173
Other real estate owned and other repossessed assets 10,794 16,400
Other assets 358,161 401,138
Total assets 51,899,376 49,124,195
Deposits:    
Interest-bearing checking and money market accounts 11,530,049 12,936,301
Savings accounts 4,643,260 5,210,001
Certificates of deposit 12,194,322 8,643,646
Non-interest-bearing accounts 2,396,799 2,312,215
Total deposits 30,764,430 29,102,163
Wholesale borrowings:    
Federal Home Loan Bank advances 13,053,661 12,104,500
Repurchase agreements 500,000 450,000
Total wholesale borrowings 13,553,661 12,554,500
Junior subordinated debentures 359,508 359,179
Subordinated notes 294,697
Total borrowed funds 14,207,866 12,913,679
Other liabilities 271,845 312,977
Total liabilities 45,244,141 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 473,536,604 and 488,490,352 shares outstanding, respectively) 4,904 4,891
Paid-in capital in excess of par 6,099,940 6,072,559
Retained earnings 297,202 237,868
Treasury stock, at cost (16,902,466 and 581,749 shares, respectively) (161,998) (7,615)
Accumulated other comprehensive loss, net of tax:    
Net unrealized (loss) gain on securities available for sale, net of tax of $4,201 and $(27,961), respectively (10,534) 39,188
Net unrealized loss on the non-credit portion of other-than-temporary impairment ("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 $27,224 and $32,121, respectively (71,077) (49,134)
Total accumulated other comprehensive loss, net of tax (87,653) (15,167)
Total stockholders' equity 6,655,235 6,795,376
Total liabilities and stockholders' equity $ 51,899,376 $ 49,124,195