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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 478,480 $ 2,540,376
Money market investments:    
Deposits with other financial institutions 300 300
Other short-term investments 1,725 2,382
Total money market investments 2,025 2,682
Available-for-sale debt securities, at fair value:    
Securities pledged with creditors' rights to repledge 81,103 321,180
Other available-for-sale debt securities 5,518,417 6,132,581
Total available-for-sale securities, at fair value 5,599,520 6,453,761
Held-to-maturity debt securities, at amortized cost, net of ACL of $8,286 as of December 31, 2022 and $8,571 as of December 31, 2021 (fair value 2022 - $427,115; 2021 - $ 167,147) 429,251 169,562
Equity securities 55,289 32,169
Total investment securities 6,084,060 6,655,492
Loans, net of ACL of $260,464 (2021 - $269,030) 11,292,361 10,791,628
Mortgage loans held for sale, at lower of cost or market 12,306 35,155
Total loans, net 11,304,667 10,826,783
Accrued interest receivable 69,730 61,507
Premises and equipment, net 142,935 146,417
Other real estate owned ("OREO") 31,641 40,848
Deferred tax asset, net 155,584 208,482
Goodwill 38,611 38,611
Other intangible assets 21,118 29,934
Other assets 305,633 234,143
Total assets 18,634,484 20,785,275
LIABILITIES    
Non-interest-bearing deposits 6,112,884 7,027,513
Interest-bearing deposits 10,030,583 10,757,381
Total deposits 16,143,467 17,784,894
Securities sold under agreements to repurchase 75,133 300,000
Advances from the Federal Home Loan Bank ("FHLB") 675,000 200,000
Other borrowings 183,762 183,762
Accounts payable and other liabilities 231,582 214,852
Total liabilities 17,308,944 18,683,508
Commitments and contingencies (See Note 29)
STOCKHOLDERS' EQUITY    
Common stock, $0.10 par value, authorized, 2,000,000,000 shares; 223,663,116 shares issued; 182,709,059 shares outstanding (2021 - 201,826,505 shares outstanding) 22,366 22,366
Additional paid-in capital (See Note 1) 970,722 972,547
Retained earnings, includes legal surplus reserve of $168,484 (2021 - $137,591) 1,644,209 1,427,295
Treasury stock, at cost 40,954,057 shares (2021 - 21,836,611 shares) (See Note 1) (506,979) (236,442)
Accumulated other comprehensive loss, net of tax of $8,468 as of December 31, 2022 (2021 - $9,786) (804,778) (83,999)
Total stockholders' equity 1,325,540 2,101,767
Total liabilities and stockholders' equity $ 18,634,484 $ 20,785,275