| December 31, | ||||||||||
| (Dollars in thousands, except per share data) | 2001 | 2000 | ||||||||
|
Assets
|
||||||||||
|
Cash accounts
|
$ | 472,658 | $ | 514,152 | ||||||
|
Interest-bearing deposits with banks
|
8,355 | 16,619 | ||||||||
|
Federal funds sold and other
|
35,507 | 486 | ||||||||
|
Total cash and cash equivalents
|
516,520 | 531,257 | ||||||||
|
Investment securities:
|
||||||||||
|
Available for sale
|
129,312 | 426,701 | ||||||||
|
Held to maturity (fair value of $6,467 and
$22,671)
|
6,274 | 22,514 | ||||||||
|
Mortgage-backed securities:
|
||||||||||
|
Available for sale
|
8,030,512 | 4,087,196 | ||||||||
|
Held to maturity (fair value of $1,022,658 and
$1,531,525)
|
983,904 | 1,506,175 | ||||||||
|
Loans and leases, net
|
25,396,071 | 23,950,172 | ||||||||
|
Loans held for sale
|
332,629 | 58,002 | ||||||||
|
Bank owned life insurance
|
808,231 | 743,509 | ||||||||
|
Federal Home Loan Bank stock
|
617,836 | 568,377 | ||||||||
|
Premises and equipment
|
352,235 | 323,911 | ||||||||
|
Accrued interest receivable
|
162,065 | 165,990 | ||||||||
|
Real estate and other collateral owned
|
54,351 | 27,731 | ||||||||
|
Loan servicing assets
|
139,840 | 121,735 | ||||||||
|
Goodwill
|
350,839 | 172,411 | ||||||||
|
Other assets
|
293,897 | 265,746 | ||||||||
|
Total assets
|
$ | 38,174,516 | $ | 32,971,427 | ||||||
|
Liabilities
|
||||||||||
|
Deposits
|
$ | 25,123,309 | $ | 19,605,671 | ||||||
|
Federal Home Loan Bank advances
|
8,657,238 | 9,636,277 | ||||||||
|
Federal funds purchased and
repurchase agreements
|
203,259 | 262,326 | ||||||||
|
Other borrowings
|
304,410 | 284,808 | ||||||||
|
Advance payments by borrowers for taxes
and insurance
|
54,103 | 60,761 | ||||||||
|
Accrued interest payable
|
57,704 | 54,499 | ||||||||
|
Accrued expenses and other liabilities
|
845,993 | 610,881 | ||||||||
|
Total liabilities
|
35,246,016 | 30,515,223 | ||||||||
|
Commitments and contingencies
|
— | — | ||||||||
|
Shareholders’ Equity
|
||||||||||
|
Preferred stock — $.01 par value per
share; 20,000,000 shares authorized and unissued
|
— | — | ||||||||
|
Common stock — $.01 par value per
share; 360,000,000 shares authorized; 224,855,827 and
212,684,698 shares issued
|
2,249 | 2,127 | ||||||||
|
Additional paid-in capital
|
2,091,767 | 1,745,232 | ||||||||
|
Retained earnings
|
811,093 | 786,793 | ||||||||
|
Less 516,082 and 4,456,293 shares of common stock
held in treasury at cost
|
(14,586 | ) | (100,545 | ) | ||||||
|
Borrowings of employee investment and stock
ownership plan
|
— | (1,256 | ) | |||||||
|
Accumulated other comprehensive income
|
37,977 | 23,853 | ||||||||
|
Total shareholders’ equity
|
2,928,500 | 2,456,204 | ||||||||
|
Total liabilities and
shareholders’ equity
|
$ | 38,174,516 | $ | 32,971,427 | ||||||
See Notes to Consolidated Financial Statements.