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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities    
Net Income (Loss) $ 2,258,599 $ 1,226,292
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for credit losses 420,000 427,000
Depreciation and amortization of premises and equipment 226,786 219,737
Amortization of capitalized servicing rights 93,799 75,165
Amortization of core deposit and other intangible assets 47,099 38,024
Provision for deferred income taxes (39,922) (89,413)
Asset write-downs 3,318 7,358
Net gain on sales of assets (244,413) (14,583)
Net change in accrued interest receivable, payable 232,610 (58,629)
Net change in other accrued income and expense 207,845 (71,004)
Net change in loans originated for sale (257,145) 560,861
Net change in trading account and other non-hedging derivative assets and liabilities 156,145 1,299,313
Net cash provided by operating activities 3,104,721 3,620,121
Cash flows from investing activities    
Proceeds from sales of investment securities equity and other 809,058 42,999
Proceeds from maturities of investment securities Available for sale 512,669 641,573
Proceeds from maturities of investment securities Held to maturity 923,707 1,053,989
Purchases of investment securities Available for sale (343,946) (7,219,785)
Purchases of investment securities Held to maturity (2,947,627) (796,312)
Purchases of investment securities equity and other (1,049,338) (155,290)
Net increase in loans and leases (850,349) (58,942)
Net (increase) decrease in interest-bearing deposits at banks (5,155,567) 25,674,122
Capital expenditures, net (168,213) (126,810)
Net decrease in loan servicing advances 305,622 1,324,912
Acquisition, net of cash consideration, Bank and bank holding company   393,923
Other, net (592,921) (516,504)
Net cash provided (used) by investing activities (8,556,905) 20,257,875
Cash flows from financing activities    
Net increase (decrease) in deposits 607,737 (20,663,949)
Net increase (decrease) in short-term borrowings 3,175,712 (24,111)
Proceeds from long-term borrowings 4,032,374 499,250
Payments on long-term borrowings (780,715) (907,191)
Purchases of treasury stock (594,000) (1,200,000)
Dividends paid — common (652,338) (578,968)
Dividends paid — preferred (83,435) (80,600)
Other, net (4,531) (4,194)
Net cash provided (used) by financing activities 5,700,804 (22,959,763)
Net increase in cash, cash equivalents and restricted cash 248,620 918,233
Cash, cash equivalents and restricted cash at beginning of period 1,520,244 1,337,577
Cash, cash equivalents and restricted cash at end of period 1,768,864 2,255,810
Supplemental disclosure of cash flow information    
Interest received during the period 7,428,629 4,145,231
Interest paid during the period 1,779,089 214,552
Income taxes paid during the period 430,802 362,866
Supplemental schedule of noncash investing and financing activities    
Real estate acquired in settlement of loans 16,818 21,017
Additions to right-of-use assets under operating leases $ 88,263 99,705
Acquisition of bank and bank holding company, Common stock issued   8,286,515
Acquisition of bank and bank holding company, Common stock awards converted   104,810
Fair value of Assets acquired (noncash)   63,757,316
Fair value of Liabilities assumed   55,499,314
Fair value of Preferred stock converted   $ 260,600