XML 16 R2.htm IDEA: XBRL DOCUMENT v3.23.2
CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets:    
Cash and due from banks $ 476,642 $ 469,501
Money market investments:    
Time deposits with other banks 8,593,476 5,614,595
Total money market investments 8,593,476 5,614,595
Trading account debt securities, at fair value:    
Other trading account debt securities 29,160 27,723
Debt securities available-for-sale, at fair value:    
Pledged securities with creditors' right to repledge 104,564 129,203
Other debt securities available-for-sale 17,137,653 17,675,171
Debt securities held-to-maturity, at amortized cost:    
Pledged securities with creditors' right to repledge 26,543 26,496
Other debt securities held-to-maturity 8,384,023 8,498,870
Debt securities held-to-maturity (fair value 2023 - $8,274,950; 2022 - $8,440,196) 8,410,566 8,525,366
Less - Allowance for credit losses 6,145 6,911
Debt securities held-to-maturity, net 8,404,421 8,518,455
Equity securities (realizable value 2023 - $193,239; 2022 - $196,665) 192,373 195,854
Loans held-for-sale, at fair value 55,421 5,381
Loans held-in-portfolio 33,354,999 32,372,925
Less - Unearned income 324,077 295,156
Allowance for credit losses 700,200 720,302
Total loans held-in-portfolio, net 32,330,722 31,357,467
Premises and equipment, net 523,927 498,711
Other real estate 86,216 89,126
Accrued income receivable 239,998 240,195
Mortgage servicing rights, at fair value 121,249 128,350
Other assets 1,703,662 1,847,813
Goodwill 827,428 827,428
Other intangible assets 11,354 12,944
Total assets 70,838,266 67,637,917
Deposits:    
Non-interest bearing 15,316,552 15,960,557
Interest bearing 48,688,266 45,266,670
Total deposits 64,004,818 61,227,227
Assets sold under agreements to repurchase 123,205 148,609
Other short-term borrowings 0 365,000
Notes payable 1,304,049 886,710
Other liabilities 841,185 916,946
Total liabilities 66,273,257 63,544,492
Commitments and contingencies
Stockholders' equity:    
Preferred stock, 30,000,000 shares authorized; 885,726 shares issued and outstanding (2022 - 885,726) 22,143 22,143
Common stock, $0.01 par value; 170,000,000 shares authorized;104,712,430 shares issued (2022 - 104,657,522) and 72,103,969 shares outstanding (2022 - 71,853,720) 1,047 1,047
Surplus 4,795,581 4,790,993
Retained earnings 4,093,284 3,834,348
Treasury stock - at cost, 32,608,461 shares (2022 - 32,803,802) (2,018,611) (2,030,178)
Accumulated other comprehensive loss, net of tax (2,328,435) (2,524,928)
Total stockholders' equity 4,565,009 4,093,425
Total liabilities and stockholders' equity $ 70,838,266 $ 67,637,917