|
|
|
|
|
 |
|
|
|
|
| (Taxable equivalent basis - dollars
in thousands) |
2000
|
|
|
|
|
|
|
|
|
|
|
|
Average
|
|
Revenue/
|
|
Yield/
|
|
|
|
|
|
Balance
|
Expense
|
Rate
|
 |
|
|
|
|
|
| Assets |
|
|
|
|
|
| Interest-earning assets: |
|
|
|
|
Loans net of unearned income |
$ 25,879,910 |
$ 2,277,775 |
8.80% |
|
Available-for-sale securities: |
|
|
|
|
|
Taxable |
4,882,055 |
328,612 |
6.73 |
|
|
Tax-free |
64,850 |
4,564 |
7.04 |
|
|
|
|
|
|
|
|
|
|
|
Total available-for-sale securities |
4,946,905 |
333,176 |
6.74 |
|
Held-to-maturity securities: |
|
|
|
|
|
Taxable |
6,469,385 |
444,682 |
6.87 |
|
|
Tax-free |
392,970 |
28,357 |
7.22 |
|
|
|
|
|
|
|
|
|
|
|
Total held-to-maturity securities |
6,862,355 |
473,039 |
6.89 |
|
|
|
|
|
|
|
|
|
|
|
|
Total investment securities |
11,809,260 |
806,215 |
6.83 |
|
Trading securities |
31,955 |
2,122 |
6.64 |
|
Federal funds sold and securities
purchased |
|
|
|
|
|
under agreements to resell |
417,709 |
27,455 |
6.57 |
|
Loans held for sale |
168,836 |
12,582 |
7.45 |
|
Other interest-earning assets |
104,682 |
6,966 |
6.65 |
|
|
|
|
|
|
|
|
|
|
Total interest-earning assets |
38,412,352 |
3,133,115 |
8.16 |
| Cash and other assets |
3,968,747 |
|
|
| Allowance for loan losses |
(356,006) |
|
|
| Market valuation on available-for-sale
securities |
(164,922) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 41,860,171 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Liabilities and Shareholders'
Equity |
|
|
|
| Interest-bearing liabilities: |
|
|
|
|
Interest-bearing demand deposits |
$ 9,376,473 |
327,664 |
3.49 |
|
Savings deposits |
1,661,398 |
37,030 |
2.23 |
|
Time deposits |
7,760,806 |
445,713 |
5.74 |
|
Foreign time deposits |
1,087,636 |
64,540 |
5.93 |
|
Certificates of deposit of $100,000
or more |
2,778,184 |
166,224 |
5.98 |
|
Federal funds purchased and securities
sold |
|
|
|
|
|
under agreements to repurchase |
3,420,781 |
188,410 |
5.51 |
|
Other borrowed funds |
1,547,155 |
96,808 |
6.26 |
|
Long-term Federal Home Loan Bank advances |
5,048,876 |
296,158 |
5.87 |
|
Subordinated debt |
885,445 |
61,194 |
6.91 |
|
Senior notes |
91,482 |
7,321 |
8.00 |
|
Other long-term debt |
6,180 |
261 |
4.22 |
|
|
|
|
|
|
|
|
|
|
Total interest-bearing liabilities |
33,664,416 |
1,691,323 |
5.02 |
|
|
|
|
|
|
|
|
|
|
|
Net interest spread |
|
|
3.14% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Noninterest-bearing demand deposits |
4,658,636 |
|
|
| Other liabilities |
692,132 |
|
|
| Shareholders’ equity |
2,844,987 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 41,860,171 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net interest income/margin on a taxable
equivalent basis |
|
1,441,792 |
3.75% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Taxable equivalent adjustment: |
|
|
|
|
Loans |
|
|
40,227 |
|
|
Available-for-sale securities |
|
3,410 |
|
|
Held-to-maturity securities |
|
19,052 |
|
|
Trading securities |
|
-0- |
|
|
|
|
|
|
|
|
|
|
|
Total taxable equivalent adjustment |
|
62,689 |
|
|
|
|
|
|
|
|
|
|
|
|
Net interest income |
|
$ 1,379,103 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Note: The taxable equivalent adjustment has been
computed based on the statutory federal income tax rate, adjusted for
applicable state income taxes net of the related federal tax benefit.
|
