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Consolidated Statement of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Interest income      
Loans and leases, including fees $ 4,442,182 $ 4,164,561 $ 3,742,867
Investment securities      
Fully taxable 288,532 323,912 361,157
Exempt from federal taxes 321 665 1,431
Deposits at banks 141,397 108,182 61,326
Other 7,161 1,391 1,014
Total interest income 4,879,593 4,598,711 4,167,795
Interest expense      
Savings and interest-checking deposits 368,003 215,411 133,177
Time deposits 95,426 51,423 61,505
Deposits at Cayman Islands office 21,917 5,633 1,186
Short-term borrowings 24,741 5,386 1,511
Long-term borrowings 239,242 248,556 189,372
Total interest expense 749,329 526,409 386,751
Net interest income 4,130,264 4,072,302 3,781,044
Provision for credit losses 176,000 132,000 168,000
Net interest income after provision for credit losses 3,954,264 3,940,302 3,613,044
Other income      
Brokerage services income 48,922 51,069 61,445
Trading account and foreign exchange gains 62,044 32,547 35,301
Gain (loss) on bank investment securities 18,037 (6,301) 21,279
Other revenues from operations 469,320 451,321 440,538
Total other income 2,061,679 1,856,000 1,851,143
Other expense      
Salaries and employee benefits 1,900,797 1,752,264 1,648,794
Equipment and net occupancy 324,079 298,828 295,084
Outside data processing and software 229,731 199,025 184,670
FDIC assessments 41,535 68,526 101,871
Advertising and marketing 93,472 85,710 69,203
Printing, postage and supplies 39,893 35,658 35,960
Amortization of core deposit and other intangible assets 19,490 24,522 31,366
Other costs of operations 819,685 823,529 773,377
Total other expense 3,468,682 3,288,062 3,140,325
Income before taxes 2,547,261 2,508,240 2,323,862
Income taxes 618,112 590,160 915,556
Net income 1,929,149 1,918,080 1,408,306
Net income available to common shareholders      
Basic 1,849,509 1,836,028 1,327,503
Diluted $ 1,849,511 $ 1,836,035 $ 1,327,517
Net income per common share      
Basic $ 13.76 $ 12.75 $ 8.72
Diluted $ 13.75 $ 12.74 $ 8.70
Mortgage Banking Revenues [Member]      
Other income      
Revenue from contract with customer $ 457,770 $ 360,442 $ 363,827
Service Charges on Deposit Accounts [Member]      
Other income      
Revenue from contract with customer 432,978 429,337 427,372
Trust Income [Member]      
Other income      
Revenue from contract with customer $ 572,608 $ 537,585 $ 501,381