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Consolidated Balance Sheet - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 1,432,805 $ 1,605,439
Interest-bearing deposits at banks 7,190,154 8,105,197
Federal funds sold 3,500  
Trading account 470,129 185,584
Investment securities (includes pledged securities that can be sold or repledged of $200,339 at December 31, 2019; $487,365 at December 31, 2018)    
Available for sale (cost: $6,258,276 at December 31, 2019; $8,869,423 at December 31, 2018) 6,318,776 8,682,509
Held to maturity (fair value: $2,699,206 at December 31, 2019; $3,255,483 at December 31, 2018) 2,656,917 3,316,640
Equity and other securities (cost: $487,041 at December 31, 2019; $677,187 at December 31, 2018) 521,558 693,664
Total investment securities 9,497,251 12,692,813
Loans and leases 91,188,525 88,733,492
Unearned discount (265,656) (267,015)
Loans and leases, net of unearned discount 90,922,869 88,466,477
Allowance for credit losses (1,051,071) (1,019,444)
Loans and leases, net 89,871,798 87,447,033
Premises and equipment 1,140,924 647,408
Goodwill 4,593,112 4,593,112
Core deposit and other intangible assets 29,034 47,067
Accrued interest and other assets 5,644,050 4,773,750
Total assets 119,872,757 120,097,403
Liabilities    
Noninterest-bearing deposits 32,396,407 32,256,668
Savings and interest-checking deposits 54,932,162 50,963,744
Time deposits 5,757,456 6,124,254
Deposits at Cayman Islands office 1,684,044 811,906
Total deposits 94,770,069 90,156,572
Short-term borrowings 62,363 4,398,378
Accrued interest and other liabilities 2,337,490 1,637,348
Long-term borrowings 6,986,186 8,444,914
Total liabilities 104,156,108 104,637,212
Shareholders' equity    
Preferred stock, $1.00 par, 1,000,000 shares authorized; Issued and outstanding: Liquidation preference of $1,000 per share: 350,000 shares at December 31, 2019 and 731,500 shares at December 31, 2018; Liquidation preference of $10,000 per share: 90,000 shares at December 31, 2019 and 50,000 shares at December 31, 2018 1,250,000 1,231,500
Common stock, $.50 par, 250,000,000 shares authorized, 159,741,898 shares issued at December 31, 2019; 159,765,044 shares issued at December 31, 2018 79,871 79,883
Common stock issuable, 21,534 shares at December 31, 2019; 24,563 shares at December 31, 2018 1,566 1,726
Additional paid-in capital 6,593,539 6,579,342
Retained earnings 12,820,916 11,516,672
Accumulated other comprehensive income (loss), net (206,680) (420,081)
Treasury stock — common, at cost — 29,174,402 shares at December 31, 2019; 21,255,275 shares at December 31, 2018 (4,822,563) (3,528,851)
Total shareholders’ equity 15,716,649 15,460,191
Total liabilities and shareholders’ equity $ 119,872,757 $ 120,097,403