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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 583,913 $ 478,480
Money market investments:    
Time deposits with other financial institutions 300 300
Other short-term investments 700 1,725
Total money market investments 1,000 2,025
Available-for-sale debt securities, at fair value:    
Securities pledged with creditors' rights to repledge 0 81,103
Other available-for-sale debt securities 5,175,803 5,518,417
Total available-for-sale debt securities, at fair value (amortized cost of $6,021,072 as of September 30, 2023, and $6,398,197 as of December 31, 2022; ACL of $465 as of September 30, 2023 and $458 as of December 31, 2022) 5,175,803 5,599,520
Held-to-maturity debt securities, at amortized cost, net of ACL of $2,250 as of September 30, 2023 and $8,286 as of December 31, 2022 (fair value of $342,851 as of September 30, 2023 and $427,115 as of December 31, 2022) 356,919 429,251
Equity securities 48,683 55,289
Total investment securities 5,581,405 6,084,060
Loans, net of ACL of $263,615 as of September 30, 2023 and $260,464 as of December 31, 2022 11,687,317 11,292,361
Mortgage loans held for sale, at lower of cost or market 8,961 12,306
Total loans, net 11,696,278 11,304,667
Interest receivable 68,783 69,730
Premises and equipment, net 144,611 142,935
Other real estate owned ("OREO") 28,563 31,641
Deferred tax asset, net 150,805 155,584
Goodwill 38,611 38,611
Other intangible assets 15,229 21,118
Other assets 285,410 305,633
Total assets 18,594,608 18,634,484
LIABILITIES    
Non-interest-bearing deposits 5,440,247 6,112,884
Interest-bearing deposits 10,994,990 10,030,583
Total deposits 16,435,237 16,143,467
Short-term securities sold under agreements to repurchase 0 75,133
Advances from the FHLB:    
Short-term 0 475,000
Long-term 500,000 200,000
Total advances from the FHLB 500,000 675,000
Other long-term borrowings 161,700 183,762
Accounts payable and other liabilities 194,603 231,582
Total liabilities 17,291,540 17,308,944
Commitments and contingencies (See Note 22)
STOCKHOLDERS' EQUITY    
Common stock, $0.10 par value, authorized, 2,000,000,000 shares; 223,663,116 shares issued; 174,386,326 shares outstanding as of September 30, 2023 and 182,709,059 as of December 31, 2022 22,366 22,366
Additional paid-in capital 963,791 970,722
Retained earnings, includes legal surplus reserve of $168,484 1,790,652 1,644,209
Treasury stock (at cost), 49,276,790 shares as of September 30, 2023 and 40,954,057 shares as of December 31, 2022 (622,378) (506,979)
Accumulated other comprehensive loss, net of tax of $8,468 as of each September 30, 2023 and December 31, 2022 (851,363) (804,778)
Total stockholders' equity 1,303,068 1,325,540
Total liabilities and stockholders' equity $ 18,594,608 $ 18,634,484