Fiscal period | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
Period End Date | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 |
Loans receivable, including fees | 2,048.30 | 1,424.90 | 1,464.38 | 1,717.42 | 1,503.51 | 1,198.44 | 1,035.38 | 968.63 | 1,059.21 | 979.39 |
Short-term investments | -- | -- | -- | -- | -- | -- | -- | 17.94 | 23.21 | 17.34 |
Investment in Federal Home Loan Bank stock | -- | -- | -- | -- | -- | -- | 3.43 | 6.08 | 6.27 | 3.98 |
Investment in Federal Reserve Bank stock | -- | -- | -- | -- | -- | -- | -- | -- | -- | 2.89 |
Investment securities available-for-sale | 198.91 | 143.98 | 82.55 | 67.84 | 60.91 | 58.67 | 53.40 | 41.38 | 44.68 | 43.85 |
Investment securities held-to-maturity | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Restricted equity securities | 3.14 | 2.08 | 1.54 | 2.47 | 3.15 | 2.52 | -- | -- | -- | -- |
Interest-bearing deposits in other banks | 41.11 | 15.53 | 25.18 | 66.76 | 54.80 | 33.39 | 14.73 | -- | -- | -- |
Securities purchased under resale agreements | 29.77 | 32.24 | 21.39 | 27.82 | 29.33 | 32.10 | 30.55 | 19.80 | 20.32 | 21.24 |
Investment securities held for trading | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Total interest and dividend income | 2,321.23 | 1,618.73 | 1,595.04 | 1,882.30 | 1,651.70 | 1,325.12 | 1,137.48 | 1,053.82 | 1,153.70 | 1,068.69 |
Savings deposits | 251.84 | -- | 184.74 | 375.80 | 234.75 | -- | -- | -- | -- | -- |
Time deposits | -- | 69.16 | -- | -- | -- | -- | -- | -- | -- | -- |
Money market accounts | -- | -- | -- | -- | -- | -- | -- | -- | -- | 15.02 |
Customer deposit accounts | -- | -- | -- | -- | -- | 116.39 | 84.22 | 73.51 | 65.49 | 63.50 |
Checking accounts | -- | -- | -- | -- | -- | -- | -- | -- | -- | 3.56 |
Savings deposits | -- | -- | -- | -- | -- | -- | -- | -- | -- | 2.96 |
Time deposits:Less than $100,000 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 15.49 |
Time deposits:$100,000 or greater | -- | -- | -- | -- | -- | -- | -- | -- | -- | 26.48 |
Long-Term Debt | 5.60 | 3.08 | 6.05 | 6.64 | 6.49 | 5.43 | 5.02 | 4.64 | 4.82 | 3.44 |
Short-term borrowings | -- | 0.04 | 1.50 | -- | -- | -- | -- | 0.06 | -- | -- |
Federal Home Loan Bank advances | 1.75 | 6.88 | 13.79 | 16.70 | 10.45 | 7.75 | 5.59 | 4.27 | 4.12 | 4.17 |
Junior subordinated debt securities | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Federal Funds Purchased | 1.80 | -- | -- | 1.76 | 1.40 | 1.00 | 0.71 | -- | -- | -- |
Securities sold under repurchase agreements | 14.36 | 8.00 | 11.77 | 13.58 | 12.11 | 9.48 | 9.30 | 20.91 | 38.40 | 41.38 |
Other Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | -- |
Total Interest Expense | 275.35 | 87.16 | 217.85 | 414.49 | 265.20 | 140.05 | 104.84 | 103.38 | 112.82 | 112.49 |
Net Interest Income | 2,045.88 | 1,531.57 | 1,377.19 | 1,467.81 | 1,386.51 | 1,185.07 | 1,032.64 | 950.44 | 1,040.88 | 956.19 |
Provision for loan losses | 73.50 | (35.00) | 210.65 | 98.69 | 64.26 | 46.27 | 27.48 | 14.22 | 49.16 | 22.36 |
Provision for loan losses-Non-covered loans | -- | -- | -- | -- | -- | -- | -- | -- | 44.13 | 18.34 |
Provision for loan losses-Covered loans | -- | -- | -- | -- | -- | -- | -- | -- | 5.03 | 4.03 |
Net interest income after provision for loan losses | 1,972.38 | 1,566.57 | 1,166.54 | 1,369.13 | 1,322.25 | 1,138.80 | 1,005.16 | 936.22 | 991.72 | 933.83 |
Branch fees | -- | -- | -- | -- | 39.86 | 42.49 | 41.18 | 39.50 | 37.87 | 32.04 |
Letters of credit fees and commissions | -- | -- | -- | -- | 56.28 | 42.78 | 45.76 | 38.99 | 25.94 | 22.12 |
Ancillary loan fees | -- | -- | -- | -- | 24.05 | 23.33 | 19.35 | 15.03 | 10.62 | 9.37 |
Lending fees | 79.21 | 77.70 | 74.84 | 63.67 | -- | -- | -- | -- | -- | -- |
Deposit account fees | 88.44 | 71.26 | 48.15 | 38.65 | -- | -- | -- | -- | -- | -- |
Net gain on sales of investment securitiesavailable-for-sale | -- | 8.91 | -- | 3.93 | -- | -- | -- | -- | -- | -- |
Net gain on investment securities available-for-sale | 1.31 | 1.57 | 12.30 | -- | 2.54 | 8.04 | 10.36 | 40.37 | 10.85 | 12.09 |
Impairment writedown on investment securities | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Impairment loss securities-Impairment loss on investment securities | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Dividend and other investment income | 7.04 | 16.85 | 10.64 | 5.25 | 18.98 | -- | -- | -- | 5.46 | -- |
Net gain on sales of loans | 6.41 | -- | 4.50 | 4.04 | 6.59 | 8.87 | 6.09 | 24.87 | 39.13 | 7.75 |
Net gain on sales of securitized loans | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Wealth management fees | 27.57 | 25.75 | 17.49 | 16.67 | 13.79 | 14.63 | 13.24 | 18.27 | -- | -- |
Net gain (loss) on trading securities | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Other Operating Income | 11.49 | 11.96 | 13.57 | 10.80 | 10.67 | -- | 30.16 | -- | 19.03 | 34.80 |
Foreign exchange income | 48.16 | 48.98 | 22.37 | 26.40 | -- | -- | -- | -- | 11.38 | 12.66 |
Income from secondary market activities | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net gain on sale of real estate owned | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income from life insurance policies | -- | -- | -- | -- | -- | -- | -- | -- | -- | 3.78 |
Net gain (loss) on disposal of fixed assets | -- | -- | -- | 0.11 | 6.68 | 77.39 | -- | -- | -- | 1.52 |
Amortization of fair value of net assets acquired in excess of purchase price | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Gain on acquisition | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Decrease in FDIC indemnification asset and receivable | -- | -- | -- | -- | -- | -- | -- | (37.98) | (201.42) | (228.59) |
Other commission and fee income | -- | -- | -- | -- | -- | 19.40 | -- | 28.15 | 29.42 | -- |
Derivative commission fee income | -- | -- | -- | -- | -- | 17.67 | 16.78 | 16.19 | -- | -- |
Net gain on sale of business | -- | -- | -- | -- | 31.47 | 3.81 | -- | -- | -- | -- |
Interest rate contracts and other derivative income | 29.06 | 22.91 | 31.69 | 39.87 | -- | -- | -- | -- | -- | -- |
Total Noninterest Income | 298.67 | 285.90 | 235.55 | 209.38 | 210.91 | 258.41 | 182.92 | 183.38 | (11.71) | (92.47) |
Salaries, Compensation and employee benefits | 477.64 | 433.73 | 404.07 | 401.70 | 379.62 | 335.29 | 300.12 | 262.19 | 231.84 | 175.91 |
Occupancy and equipment expense | 62.50 | 63.00 | 66.49 | 69.73 | 68.90 | 64.92 | 61.45 | 61.29 | 63.82 | 56.64 |
Deposit insurance premiums and regulatory assessments | 19.45 | 17.56 | 15.13 | 12.93 | 21.21 | 23.74 | 23.28 | 18.77 | 21.92 | 16.55 |
Amortization of investments in affordable housing partnerships | -- | -- | -- | -- | -- | -- | -- | -- | 75.66 | 27.27 |
Amortization of premiums on deposits acquired and excess of purchase price over fair value of net assets acquired | -- | -- | -- | -- | -- | 6.94 | 8.09 | 9.23 | 10.20 | 9.37 |
Amortization of real estate investment | -- | 122.46 | 70.08 | -- | -- | -- | -- | -- | -- | -- |
Amortization of CRA and tax credit investments | 113.36 | -- | -- | 85.52 | 89.63 | 87.95 | 83.45 | 36.12 | -- | -- |
Other real estate owned operations, net | -- | -- | -- | -- | -- | -- | 1.47 | (8.91) | (3.59) | (1.13) |
Other Operating Expenses | 118.17 | 81.80 | 79.49 | 92.25 | 88.04 | 76.70 | 77.46 | 87.00 | 92.36 | 64.59 |
Data processing | 14.52 | 16.26 | 16.60 | 13.53 | 13.18 | 12.09 | 11.68 | 10.19 | 15.89 | 9.10 |
Computer software expense | 28.26 | 30.60 | 29.03 | 26.47 | 22.29 | 18.18 | 12.91 | -- | -- | -- |
Deposit-related expenses | 25.51 | 16.15 | 13.53 | 14.18 | 11.24 | 9.94 | 10.39 | 9.58 | -- | 6.54 |
Consulting Expense | -- | 6.52 | 5.39 | 9.85 | 11.58 | 14.92 | 22.74 | 17.23 | -- | 6.45 |
Legal expense | -- | 8.02 | 7.77 | 8.44 | 8.78 | 11.44 | 2.84 | 16.37 | 53.02 | 31.72 |
Loan related expense | -- | -- | -- | -- | -- | -- | -- | -- | 3.44 | 12.52 |
Loan related expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Prepayment penalty for FHLB advances | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Repurchase agreements extinguishment costs | -- | -- | 8.74 | -- | -- | -- | 0.00 | 21.82 | -- | -- |
Total Noninterest Expense | 859.39 | 796.09 | 716.32 | 734.59 | 714.47 | 662.11 | 615.89 | 540.88 | 564.55 | 415.51 |
Income before provision for income taxes | 1,411.65 | 1,056.38 | 685.77 | 843.92 | 818.70 | 735.10 | 572.19 | 578.72 | 415.46 | 425.85 |
Current income tax expense:Federal | 163.80 | 84.25 | -- | 107.39 | 63.04 | 120.97 | 63.64 | (62.83) | 153.21 | 131.24 |
Current income tax expense:State | 160.63 | 95.94 | -- | 86.58 | 64.92 | 72.84 | 48.56 | (4.75) | 70.53 | 44.39 |
Current income tax expense:Foreign | 3.13 | (1.55) | -- | (2.49) | 3.51 | 1.82 | 1.35 | 0.41 | 3.85 | 0.21 |
Provision for income taxes | 283.57 | 183.40 | 117.97 | 169.88 | 115.00 | 229.48 | 140.51 | 194.04 | 72.97 | 130.81 |
Deferred income tax benefit:Federal | (23.48) | 1.53 | -- | (8.80) | (11.87) | 40.06 | 25.30 | 199.86 | (116.24) | (32.96) |
Deferred income tax benefit:State | (21.84) | 3.26 | -- | (16.39) | (4.60) | (6.20) | 1.88 | 60.44 | (37.67) | (13.68) |
Deferred income tax benefit:Foreign | 1.33 | (0.03) | -- | 3.59 | -- | -- | (0.21) | 0.92 | (0.71) | 1.61 |
Income before cumulative effect of change in accounting principle | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Extraordinary item, net of tax | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Cumulative effect of change in accounting principle, net of tax | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Consolidated Net Income (Loss) | 1,128.08 | 872.98 | 567.80 | 674.04 | 703.70 | 505.62 | 431.68 | 384.68 | 342.48 | 295.05 |
Preferred stock dividends | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | -- |
Preferred Stock Dividends And Amortization Of Preferred Stock Discount | -- | -- | -- | -- | -- | -- | -- | -- | -- | 3.43 |
Earnings allocated to participating securities | -- | -- | -- | -- | -- | -- | -- | 0.00 | -- | -- |
NET INCOME(LOSS) AVAILABLE TO COMMON SHAREHOLDERS | 1,128.08 | 872.98 | 567.80 | 674.04 | 703.70 | 505.62 | 431.68 | 384.67 | 342.48 | 291.62 |
BASIC EARNINGS PER SHARE, BEFORE CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING PRINCIPLE, NET OF TAX | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
EARNINGS PER SHARE:Basic | 7.98 | 6.16 | 3.99 | 4.63 | 4.86 | 3.50 | 3.00 | 2.67 | 2.39 | 2.11 |
DILUTED EARNINGS PER SHARE, BEFORE CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING PRINCIPLE, NET OF TAX | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
EARNINGS PER SHARE:Diluted | 7.92 | 6.10 | 3.97 | 4.61 | 4.81 | 3.47 | 2.97 | 2.66 | 2.38 | 2.10 |
Weighted average shares outstanding: Basic | 141.33 | 141.83 | 142.34 | 145.50 | 144.86 | 144.44 | 144.09 | 143.82 | 142.95 | 137.34 |
Weighted average shares outstanding:Diluted | 142.49 | 143.14 | 142.99 | 146.18 | 146.17 | 145.91 | 145.17 | 144.51 | 143.56 | 139.57 |