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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 1,261,590 $ 2,540,376
Money market investments:    
Time deposits with other financial institutions 300 300
Other short-term investments 1,633 2,382
Total money market investments 1,933 2,682
Available-for-sale debt securities, at fair value:    
Securities pledged with creditors' right to repledge 202,586 321,180
Other available-for-sale debt securities 5,878,534 6,132,581
Total available-for-sale securities, at fair value 6,081,120 6,453,761
Held-to-maturity debt securities, at amortized cost, net of ACL of $8,885 as of June 30, 2022 and $8,571 as of December 31, 2021 (fair value 2022 - $453,242; 2021 - $ 167,147)2,3 449,342 169,562
Equity securities 32,843 32,169
Loans, net of ACL of $252,152 (2021 - $269,030) 10,954,722 10,791,628
Mortgage loans held for sale, at lower of cost or market 22,601 35,155
Total loans, net 10,977,323 10,826,783
Premises and equipment, net 145,395 146,417
Other real estate owned (OREO) 41,706 40,848
Accrued interest receivable on loans and investments 62,501 61,507
Deferred tax asset, net 166,999 208,482
Goodwill 38,611 38,611
Intangibles assets 25,424 29,934
Other assets 246,848 234,143
Total assets 19,531,635 20,785,275
LIABILITIES    
Non-interest-bearing deposits 6,286,922 7,027,513
Interest-bearing deposits 10,853,206 10,757,381
Total deposits 17,140,128 17,784,894
Securities sold under agreements to repurchase 200,000 300,000
Federal Home Loan Bank advances 200,000 200,000
Other borrowings 183,762 183,762
Accounts payable and other liabilities 249,829 214,852
Total liabilities 17,973,719 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) (3,203) (2,183)
Common stock outstanding, 191,626,336 shares outstanding (2021 - 201,826,505 shares outstanding) 19,163 20,183
Additional paid-in capital 589,175 738,288
Retained earnings, includes legal surplus reserve of $137,591 1,541,334 1,427,295
Accumulated other comprehensive loss, net of tax of $9,786 (591,756) (83,999)
Total stockholders' equity 1,557,916 2,101,767
Total liabilities and stockholders' equity $ 19,531,635 $ 20,785,275