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Interim Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Assets:    
Cash and cash equivalents $ 15,687,776 $ 6,781,783
Available-for-sale securities, at fair value (cost of $25,237,540 and $13,894,348, respectively) 25,904,324 14,014,919
Held-to-maturity securities, at amortized cost and net of allowance for credit losses of $291 and $0 (fair value of $13,612,463 and $14,115,272, respectively) (1) [1] 12,982,223 13,842,946
Non-marketable and other equity securities 1,547,363 1,213,829
Total investment securities 40,433,910 29,071,694
Loans, amortized cost 38,413,891 33,164,636
Allowance for credit losses: loans (512,958) (304,924)
Net loans 37,900,933 32,859,712
Premises and equipment, net of accumulated depreciation and amortization 173,477 161,876
Goodwill 137,823 137,823
Other intangible assets, net 45,380 49,417
Lease right-of-use assets 220,493 197,365
Accrued interest receivable and other assets 2,316,979 1,745,233
Total assets 96,916,771 71,004,903
Liabilities:    
Noninterest-bearing demand deposits 57,508,229 40,841,570
Interest-bearing deposits 27,264,791 20,916,237
Total deposits 84,773,020 61,757,807
Short-term borrowings 19,068 17,430
Lease liabilities 246,652 218,847
Other liabilities 3,067,221 2,041,752
Long-term debt 843,430 347,987
Total liabilities 88,949,391 64,383,823
Commitments and contingencies (Note 15 and Note 18)
SVBFG stockholders’ equity:    
Preferred stock, $0.001 par value, 20,000,000 shares authorized; 350,000 shares issued and outstanding 340,138 340,138
Common stock, $0.001 par value, 150,000,000 shares authorized; 51,787,972 shares and 51,655,607 shares issued and outstanding, respectively 52 52
Additional paid-in capital 1,548,918 1,470,071
Retained earnings 5,283,433 4,575,601
Accumulated other comprehensive income 620,394 84,445
Total SVBFG stockholders’ equity 7,792,935 6,470,307
Noncontrolling interests 174,445 150,773
Total equity 7,967,380 6,621,080
Total liabilities and total equity $ 96,916,771 $ 71,004,903
[1] Prior to our adoption of Accounting Standard Update (ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments) on January 1, 2020, the allowance for credit losses (ACL) related to held-to-maturity (HTM) securities was not applicable and is therefore presented as $0 at December 31, 2019. See "Adoption of New Accounting Standards" in Note 1 — “Basis of Presentation” of the “Notes to Interim Consolidated Financial Statements (unaudited)” under Part I, Item 1 of this report for additional details.