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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 1,694,066 $ 2,540,376
Money market investments:    
Time deposits with other financial institutions 300 300
Other short-term investments 1,883 2,382
Total money market investments 2,183 2,682
Investment securities available for sale, at fair value:    
Securities pledged with creditors' right to repledge 200,983 321,180
Other investment securities available for sale 6,223,677 6,132,581
Total investment securities available for sale, at fair value 6,424,660 6,453,761
Investment securities held to maturity, at amortized cost, net of ACL of $12,324 as of March 31, 2022 and $8,571 as of December 31, 2021 (fair value 2022 - $168,814; 2021 - $ 167,147)2,3 165,735 169,562
Equity securities 32,014 32,169
Loans, net of ACL of $245,447 (2021 - $296,030) 10,852,258 10,791,628
Loans held for sale, at lower of cost or market 27,905 35,155
Total loans, net 10,880,163 10,826,783
Premises and equipment, net 145,850 146,417
Other real estate owned (OREO) 42,894 40,848
Accrued interest receivable on loans and investments 57,425 61,507
Deferred tax asset, net 176,775 208,482
Goodwill 38,611 38,611
Intangibles assets 27,648 29,934
Other assets 241,013 234,143
Total assets 19,929,037 20,785,275
LIABILITIES    
Non-interest-bearing deposits 6,344,385 7,027,513
Interest-bearing deposits 10,991,018 10,757,381
Total deposits 17,335,403 17,784,894
Securities sold under agreements to repurchase 200,000 300,000
FHLB advances 200,000 200,000
Other borrowings 183,762 183,762
Accounts payable and other liabilities 228,770 214,852
Total liabilities 18,147,935 18,683,508
STOCKHOLDERS' EQUITY    
Common stock, $0.10 par value, authorized, 2,000,000,000 shares; 223,663,116 shares issued 22,366 22,366
Less: Treasury stock (at par value) (2,496) (2,183)
Common stock outstanding, 198,700,871 shares outstanding (2021 - 201,826,505 shares outstanding) 19,870 20,183
Additional paid-in capital 687,070 738,288
Retained earnings, includes legal surplus reserve of $137,591 1,489,995 1,427,295
Accumulated other comprehensive loss, net of tax of $9,786 (415,833) (83,999)
Total stockholders' equity 1,781,102 2,101,767
Total liabilities and stockholders' equity $ 19,929,037 $ 20,785,275