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Consolidated Statement of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Interest income        
Loans and leases, including fees $ 1,060,832 $ 953,662 $ 3,065,272 $ 2,776,340
Investment securities        
Fully taxable 80,118 87,937 244,989 276,057
Exempt from federal taxes 153 345 573 1,154
Deposits at banks 26,000 14,970 66,546 39,345
Other 272 296 1,050 760
Total interest income 1,167,375 1,057,210 3,378,430 3,093,656
Interest expense        
Savings and interest-checking deposits 56,156 37,714 145,421 93,891
Time deposits 12,976 13,992 35,274 49,293
Deposits at Cayman Islands office 1,556 310 2,479 856
Short-term borrowings 1,600 554 3,866 1,148
Long-term borrowings 66,049 47,506 178,048 138,874
Total interest expense 138,337 100,076 365,088 284,062
Net interest income 1,029,038 957,134 3,013,342 2,809,594
Provision for credit losses 16,000 30,000 94,000 137,000
Net interest income after provision for credit losses 1,013,038 927,134 2,919,342 2,672,594
Other income        
Brokerage services income 12,267 14,676 38,288 48,677
Trading account and foreign exchange gains 6,073 7,058 15,965 24,833
Loss on bank investment securities (3,415)   (10,520) (17)
Other revenues from operations 113,769 106,702 340,351 334,704
Total other income 459,294 459,429 1,375,404 1,367,090
Other expense        
Salaries and employee benefits 431,371 398,605 1,313,336 1,246,400
Equipment and net occupancy 77,481 75,558 225,309 223,721
Outside data processing and software 50,678 45,761 148,819 134,637
FDIC assessments 18,849 23,969 58,689 78,149
Advertising and marketing 21,784 17,403 59,800 49,837
Printing, postage and supplies 8,843 8,732 26,881 27,397
Amortization of core deposit and other intangible assets 6,143 7,808 19,163 24,341
Other costs of operations 160,830 228,189 633,903 560,030
Total other expense 775,979 806,025 2,485,900 2,344,512
Income before taxes 696,353 580,538 1,808,846 1,695,172
Income taxes 170,262 224,615 436,985 609,269
Net income 526,091 355,923 1,371,861 1,085,903
Net income available to common shareholders        
Basic 505,363 335,801 1,310,697 1,025,011
Diluted $ 505,365 $ 335,804 $ 1,310,703 $ 1,025,023
Net income per common share        
Basic $ 3.54 $ 2.22 $ 9.01 $ 6.71
Diluted 3.53 2.21 9.00 6.69
Cash dividends per common share $ 1.00 $ 0.75 $ 2.55 $ 2.25
Average common shares outstanding        
Basic 142,822 151,347 145,424 152,866
Diluted 142,976 151,691 145,605 153,293
Mortgage Banking Revenues [Member]        
Other income        
Revenue from contract with customer $ 88,408 $ 96,737 $ 268,213 $ 267,592
Service Charges on Deposit Accounts [Member]        
Other income        
Revenue from contract with customer 108,647 109,356 320,546 319,589
Trust Income [Member]        
Other income        
Revenue from contract with customer $ 133,545 $ 124,900 $ 402,561 $ 371,712