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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 620 $ 335
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 88 127
Change in cash surrender value of bank-owned life insurance (29) (16)
Depreciation, amortization and accretion, net 70 38
Gain on sale of premises and equipment (2) (6)
Additions to residential mortgage servicing rights carried at fair value (8) (5)
Change in fair value of residential mortgage servicing rights carried at fair value (11) 12
Stock-based compensation 29 23
Net change in fair value of equity and other investments (24) (13)
Loss (gain) on investment securities, net 9 (4)
Gain on sale of loans and leases, net (11) (11)
Change in fair value of loans held for sale (14) 18
Origination of loans held for sale (538) (466)
Proceeds from sales of loans held for sale 843 483
Change in other assets and liabilities:    
Net (increase) decrease in other assets (49) 73
Net increase (decrease) in other liabilities 181 (123)
Net cash provided by operating activities 1,154 465
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of investment securities available for sale (1,309) (2,157)
Proceeds from investment securities available for sale 930 2,540
Purchases of restricted equity securities (245) (187)
Redemption of restricted equity securities 240 316
Net change in loans and leases 499 189
Proceeds from sales of loans and leases 202 43
Purchases of premises and equipment, net of proceeds from sales (30) (30)
Proceeds from bank-owned life insurance death benefits 13 2
Purchase of bank-owned life insurance 0 (3)
Cash received in an acquisition 0 874
Other 3 2
Net cash provided by investing activities 303 1,589
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net decrease in deposit liabilities (1,471) (488)
Net decrease in securities sold under agreements to repurchase (42) (70)
Proceeds from borrowings 11,550 8,325
Repayment of borrowings (11,450) (9,125)
Net proceeds for the issuance of subordinated debentures 246 0
Net proceeds from issuance of common stock under ESPP 4 3
Dividends paid on common stock (316) (226)
Repurchase and retirement of common stock (621) (9)
Net cash used in financing activities (2,100) (1,590)
Net (decrease) increase in cash and cash equivalents (643) 464
Cash and cash equivalents, beginning of period 2,380 1,879
Cash and cash equivalents, end of period 1,737 2,343
Cash paid during the period for:    
Interest 672 684
Income taxes 102 122
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES:    
Changes in unrealized gains and losses on investment securities available for sale, net of taxes (464) 194
Transfer of loans held for investment to loans held for sale 0 295
Columbia Banking Systems and Pacific Premier Bancorp Merger    
Asset Acquisition [Line Items]    
Assets acquired 0 16,612
Liabilities assumed 0 (14,709)
Net assets acquired $ 0 $ 1,903