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Consolidated Statement of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Interest income      
Loans and leases, including fees $ 3,975,053 $ 4,442,182 $ 4,164,561
Investment securities      
Fully taxable 176,469 288,532 323,912
Exempt from federal taxes 183 321 665
Deposits at banks 32,956 141,397 108,182
Other 8,051 7,161 1,391
Total interest income 4,192,712 4,879,593 4,598,711
Interest expense      
Savings and interest-checking deposits 146,701 368,003 215,411
Time deposits 66,280 95,426 51,423
Deposits at Cayman Islands office 4,054 21,917 5,633
Short-term borrowings 28 24,741 5,386
Long-term borrowings 109,332 239,242 248,556
Total interest expense 326,395 749,329 526,409
Net interest income 3,866,317 4,130,264 4,072,302
Provision for credit losses 800,000 176,000 132,000
Net interest income after provision for credit losses 3,066,317 3,954,264 3,940,302
Other income      
Brokerage services income 47,428 48,922 51,069
Trading account and foreign exchange gains 40,536 62,044 32,547
Gain (loss) on bank investment securities (9,421) 18,037 (6,301)
Other revenues from operations 470,588 469,320 451,321
Total other income 2,088,444 2,061,679 1,856,000
Other expense      
Salaries and employee benefits 1,950,692 1,900,797 1,752,264
Equipment and net occupancy 322,037 324,079 298,828
Outside data processing and software 258,480 229,731 199,025
FDIC assessments 53,803 41,535 68,526
Advertising and marketing 61,904 93,472 85,710
Printing, postage and supplies 39,869 39,893 35,658
Amortization of core deposit and other intangible assets 14,869 19,490 24,522
Other costs of operations 683,586 819,685 823,529
Total other expense 3,385,240 3,468,682 3,288,062
Income before taxes 1,769,521 2,547,261 2,508,240
Income taxes 416,369 618,112 590,160
Net income 1,353,152 1,929,149 1,918,080
Net income available to common shareholders      
Basic 1,279,066 1,849,509 1,836,028
Diluted $ 1,279,068 $ 1,849,511 $ 1,836,035
Net income per common share      
Basic $ 9.94 $ 13.76 $ 12.75
Diluted $ 9.94 $ 13.75 $ 12.74
Mortgage Banking Revenues [Member]      
Other income      
Revenue from contract with customer $ 566,641 $ 457,770 $ 360,442
Service Charges on Deposit Accounts [Member]      
Other income      
Revenue from contract with customer 370,788 432,978 429,337
Trust Income [Member]      
Other income      
Revenue from contract with customer $ 601,884 $ 572,608 $ 537,585