Santander Holdings USA (SOV) 10-Q 9 Aug 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2019	Jul. 31, 2019
Document and Entity Information [Abstract]
Entity Registrant Name	Santander Holdings USA, Inc.
Entity Central Index Key	0000811830
Document Type	10-Q
Document Period End Date	Jun. 30, 2019
Amendment Flag	false
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Current Fiscal Year End	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		530,391,043

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Jun. 30, 2019	Dec. 31, 2018
ASSETS
Cash and cash equivalents		$ 8,019,284	$ 7,790,593
Investment securities:
Available-for-sale (AFS) at fair value		11,902,455	11,632,987
Held-to-maturity (HTM) (fair value of $2,969,488 and $2,676,049 as of June 30, 2019 and December 31, 2018, respectively)		2,955,751	2,750,680
Other investments (includes Trading securities of $2,302 and $10 as of June 30, 2019 and December 31, 2018, respectively)		955,811	805,357
Loans held-for-investment (LHFI)	[1],[2]	89,972,067	87,045,868
Allowance for loan and lease losses (ALLL)	[2]	(3,783,833)	(3,897,130)
Net LHFI		86,188,234	83,148,738
Loans held-for-sale (LHFS)	[3]	2,523,688	1,283,278
Goodwill		4,444,389	4,444,389
Intangible assets, net		445,687	475,193
Bank-owned life insurance (BOLI)		1,846,056	1,833,290
Restricted cash	[2]	3,417,993	2,931,711
Other assets	[2],[4]	5,020,601	3,653,336
TOTAL ASSETS		143,910,431	135,634,285
LIABILITIES
Accrued expenses and payables		4,188,536	3,035,848
Deposits and other customer accounts (includes $507.4 million and zero of deposits held for sale as of June 30, 2019 and December 31, 2018, respectively)		63,720,054	61,511,380
Borrowings and other debt obligations	[2]	48,906,752	44,953,784
Advance payments by borrowers for taxes and insurance		181,989	160,728
Deferred tax liabilities, net		1,416,993	1,212,538
Other liabilities	[2]	991,287	912,775
TOTAL LIABILITIES		119,405,611	111,787,053
Commitments and contingencies (Note 16)
STOCKHOLDER'S EQUITY
Common stock and paid-in capital (no par value; 800,000,000 shares authorized; 530,391,043 shares outstanding at both June 30, 2019 and December 31, 2018)		17,945,636	17,859,304
Accumulated other comprehensive loss		(96,519)	(321,652)
Retained earnings		4,114,659	3,783,405
TOTAL SANTANDER HOLDINGS USA, INC. (SHUSA) STOCKHOLDER'S EQUITY		21,963,776	21,321,057
Noncontrolling interest (NCI)		2,541,044	2,526,175
TOTAL STOCKHOLDER'S EQUITY		24,504,820	23,847,232
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY		143,910,431	135,634,285
Assets not subject to operating leases
Investment securities:
Premises and equipment, net	[5]	772,319	805,940
Operating lease assets
Investment securities:
Premises and equipment, net	[2],[6]	$ 15,418,163	$ 14,078,793
[1]	LHFI includes $104.2 million and $126.3 million of loans recorded at fair value at June 30, 2019 and December 31, 2018, respectively.
[2]	The Company has interests in certain securitization trusts ("Trusts") that are considered variable interest entities ("VIEs") for accounting purposes. At June 30, 2019 and December 31, 2018, LHFI included $25.2 billion and $24.1 billion, Operating leases assets, net included $15.3 billion and $14.0 billion, restricted cash included $1.7 billion and $1.6 billion, other assets included $604.4 million and $685.4 million, Borrowings and other debt obligations included $33.3 billion and $31.9 billion, and Other liabilities included $99.9 million and $122.0 million of assets or liabilities that were included within VIEs, respectively. See Note 6 to these Condensed Consolidated Financial Statements for additional information.
[3]	Includes $259.2 million and $209.5 million of loans recorded at the fair value option ("FVO") at June 30, 2019 and December 31, 2018, respectively.
[4]	Includes mortgage servicing rights ("MSRs") of $129.9 million and $149.7 million at June 30, 2019 and December 31, 2018, respectively, for which the Company has elected the FVO. See Note 14 to these Condensed Consolidated Financial Statements for additional information.
[5]	Net of accumulated depreciation of $1.5 billion and $1.4 billion at June 30, 2019 and December 31, 2018, respectively.
[6]	Net of accumulated depreciation of $3.7 billion and $3.5 billion at June 30, 2019 and December 31, 2018, respectively.

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands		Jun. 30, 2019	Dec. 31, 2018
ASSETS
Held-to-maturity securities, fair value		$ 2,969,488	$ 2,676,049
Trading securities		2,302	10
Loans held for investment, fair value		104,200	126,300
Accumulated depreciation		1,500,000	1,400,000
LHFS	[1]	2,523,688	1,283,278
Operating lease assets, net		675,682	0
Restricted cash	[2]	3,417,993	2,931,711
Other assets	[2],[3]	5,020,601	3,653,336
Other liabilities	[2]	991,287	912,775
Operating leases, accumulated depreciation		3,700,000	3,500,000
Deposits held for sale		$ 507,400	$ 0
STOCKHOLDER'S EQUITY
Common stock, no par value (in usd per share)
Common stock, shares authorized (in shares)		800,000,000	800,000,000
Common stock, shares outstanding (in shares)		530,391,043	530,391,043
VIE, Primary Beneficiary
ASSETS
LHFS		$ 25,240,477	$ 24,098,638
Operating lease assets, net		15,313,369	13,978,855
Restricted cash		1,697,692	1,582,158
Other assets		604,431	685,383
Borrowings and other debt obligations		33,289,722	31,949,839
Other liabilities		99,856	122,010
Residential mortgages
ASSETS
Mortgage servicing rights		129,900	149,700
Recurring
ASSETS
Trading securities		2,302	10
Loans held for investment, fair value		104,193	126,312
Loans held for sale		259,171	209,506
Mortgage servicing rights		$ 129,913	$ 149,660
[1]	Includes $259.2 million and $209.5 million of loans recorded at the fair value option ("FVO") at June 30, 2019 and December 31, 2018, respectively.
[2]	The Company has interests in certain securitization trusts ("Trusts") that are considered variable interest entities ("VIEs") for accounting purposes. At June 30, 2019 and December 31, 2018, LHFI included $25.2 billion and $24.1 billion, Operating leases assets, net included $15.3 billion and $14.0 billion, restricted cash included $1.7 billion and $1.6 billion, other assets included $604.4 million and $685.4 million, Borrowings and other debt obligations included $33.3 billion and $31.9 billion, and Other liabilities included $99.9 million and $122.0 million of assets or liabilities that were included within VIEs, respectively. See Note 6 to these Condensed Consolidated Financial Statements for additional information.
[3]	Includes mortgage servicing rights ("MSRs") of $129.9 million and $149.7 million at June 30, 2019 and December 31, 2018, respectively, for which the Company has elected the FVO. See Note 14 to these Condensed Consolidated Financial Statements for additional information.

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
INTEREST INCOME:
Loans		$ 2,035,148	$ 1,868,323	$ 4,034,486	$ 3,670,452
Interest-earning deposits		47,899	33,939	91,917	66,452
Investment securities:
AFS		71,137	77,031	145,567	150,536
HTM		15,789	17,181	33,111	34,245
Other investments		6,117	4,599	12,051	9,848
TOTAL INTEREST INCOME		2,176,090	2,001,073	4,317,132	3,931,533
INTEREST EXPENSE:
Deposits and other customer accounts		145,145	92,333	275,433	167,758
Borrowings and other debt obligations		409,220	316,654	817,089	621,344
TOTAL INTEREST EXPENSE		554,365	408,987	1,092,522	789,102
NET INTEREST INCOME		1,621,725	1,592,086	3,224,610	3,142,431
Provision for credit losses		480,632	433,803	1,080,843	987,683
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES		1,141,093	1,158,283	2,143,767	2,154,748
NON-INTEREST INCOME:
Consumer and commercial fees		146,499	136,165	279,517	276,337
Lease income		705,835	569,306	1,380,720	1,110,202
Miscellaneous income, net	[1],[2]	108,271	113,283	197,815	234,085
TOTAL FEES AND OTHER INCOME		960,605	818,754	1,858,052	1,620,624
Net gain/(loss) on sale of investment securities		2,379	419	379	(244)
Net gain/(loss) recognized in earnings		2,379	419	379	(244)
TOTAL NON-INTEREST INCOME		962,984	819,173	1,858,431	1,620,380
GENERAL, ADMINISTRATIVE AND OTHER EXPENSES:
Compensation and benefits		470,247	427,728	946,810	896,505
Occupancy and equipment expenses		142,646	163,171	285,040	322,511
Technology, outside service, and marketing expense		152,425	156,010	304,131	308,292
Loan expense		102,784	97,679	209,500	194,493
Lease expense		513,780	436,795	993,084	861,061
Other expenses		160,504	168,366	346,236	308,246
TOTAL GENERAL, ADMINISTRATIVE AND OTHER EXPENSES		1,542,386	1,449,749	3,084,801	2,891,108
INCOME BEFORE INCOME TAX PROVISION		561,691	527,707	917,397	884,020
Income tax provision		155,326	168,151	271,540	264,213
NET INCOME INCLUDING NCI		406,365	359,556	645,857	619,807
LESS: NET INCOME ATTRIBUTABLE TO NCI		110,743	104,141	183,255	179,280
NET INCOME ATTRIBUTABLE TO SHUSA		$ 295,622	$ 255,415	$ 462,602	$ 440,527
[1]	Includes equity investment (income)/expense, net.
[2]	Includes impact of $104.4 million and $172.0 million for the three-month and six-month periods ended June 30, 2019, respectively, compared to $79.2 million and $149.7 million for the corresponding periods in 2018 of lower of cost or market adjustments on a portion of the Company's LHFS portfolio.

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Parenthetical) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Income Statement [Abstract]
Lower of cost or market adjustment on a portion of unsecured loan portfolio held for sale	$ 104.4	$ 79.2	$ 172	$ 149.7

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Statement of Comprehensive Income [Abstract]
NET INCOME INCLUDING NCI		$ 406,365	$ 359,556	$ 645,857	$ 619,807
OTHER COMPREHENSIVE INCOME (OCI), NET OF TAX
Net unrealized gains/(losses) on cash flow hedge derivative financial instruments, net of tax	[1],[2]	1,133	(4,739)	8,137	(12,474)
Net unrealized gains/(losses) on AFS and HTM investment securities, net of tax	[2]	113,290	(35,054)	204,794	(160,700)
Pension and post-retirement actuarial gains, net of tax	[2]	6,091	625	12,202	1,250
TOTAL OTHER COMPREHENSIVE GAIN / (LOSS), NET OF TAX		120,514	(39,168)	225,133	(171,924)
COMPREHENSIVE INCOME		526,879	320,388	870,990	447,883
NET INCOME ATTRIBUTABLE TO NCI		110,743	104,141	183,255	179,280
COMPREHENSIVE INCOME ATTRIBUTABLE TO SHUSA		$ 416,136	$ 216,247	$ 687,735	$ 268,603
[1]	Excludes $(10.2) million, and $(16.5) million of OCI attributable to NCI for the three-month and six-month periods ended June 30, 2019, respectively, compared to $(0.2) million and $5.8 million for the corresponding periods in 2018.
[2]	Excludes $39.1 million impact of OCI reclassified to Retained earnings as a result of the adoption of Accounting Standards Update ("ASU 2018-02") for the six-month period ended June 30, 2018

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS) (Parenthetical) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Statement of Comprehensive Income [Abstract]
OCI attributable to noncontrolling interest	$ (10.2)	$ (0.2)	$ (16.5)	$ 5.8
ASU 2018-02
Reclassification of OCI to retained earnings				$ 39.1

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDER’S EQUITY - USD ($) $ in Thousands	Total	Common Shares Outstanding	Preferred Stock	Common Stock and Paid-in Capital	Accumulated Other Comprehensive (Loss)/Income	Retained Earnings	Noncontrolling Interest
Beginning balance (in shares) at Dec. 31, 2017		530,391,000
Equity, Beginning balance at Dec. 31, 2017	$ 23,690,832		$ 195,445	$ 17,723,010	$ (198,431)	$ 3,453,957	$ 2,516,851
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income attributable to SHUSA	268,603				(171,924)	440,527
Other comprehensive (OCI) income attributable to NCI	5,797						5,797
Net income attributable to NCI	179,280						179,280
Impact of SC stock option activity	7,074						7,074
Contribution from shareholder	9,174			9,174
Dividends declared and paid on common stock	(10,000)					(10,000)
Dividends paid to NCI	(11,535)						(11,535)
Dividends paid on preferred stock	(7,300)					(7,300)
Ending balance (in shares) at Jun. 30, 2018		530,391,000
Equity, Ending balance at Jun. 30, 2018	24,140,380		195,445	17,732,184	(409,449)	3,924,733	2,697,467
Beginning balance (in shares) at Mar. 31, 2018		530,391,000
Equity, Beginning balance at Mar. 31, 2018	23,830,599		195,445	17,732,184	(370,281)	3,677,968	2,595,283
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income attributable to SHUSA	216,247				(39,168)	255,415
Other comprehensive (OCI) income attributable to NCI	(245)						(245)
Net income attributable to NCI	104,141						104,141
Impact of SC stock option activity	4,075						4,075
Dividends declared and paid on common stock	(5,000)					(5,000)
Dividends paid to NCI	(5,787)						(5,787)
Dividends paid on preferred stock	(3,650)					(3,650)
Ending balance (in shares) at Jun. 30, 2018		530,391,000
Equity, Ending balance at Jun. 30, 2018	$ 24,140,380		195,445	17,732,184	(409,449)	3,924,733	2,697,467
Beginning balance (in shares) at Dec. 31, 2018	530,391,043	530,391,000
Equity, Beginning balance at Dec. 31, 2018	$ 23,847,232		0	17,859,304	(321,652)	3,783,405	2,526,175
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income attributable to SHUSA	687,735				225,133	462,602
Other comprehensive (OCI) income attributable to NCI	(16,523)						(16,523)
Net income attributable to NCI	183,255						183,255
Impact of SC stock option activity	5,606						5,606
Contribution from shareholder	75,901			75,901
Dividends declared and paid on common stock	(150,000)					(150,000)
Dividends paid to NCI	(42,394)						(42,394)
Stock repurchase attributable to NCI	$ (104,644)			10,431			(115,075)
Ending balance (in shares) at Jun. 30, 2019	530,391,043	530,391,000
Equity, Ending balance at Jun. 30, 2019	$ 24,504,820		0	17,945,636	(96,519)	4,114,659	2,541,044
Beginning balance (in shares) at Mar. 31, 2019		530,391,000
Equity, Beginning balance at Mar. 31, 2019	24,128,405		0	17,899,170	(217,033)	3,894,037	2,552,231
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income attributable to SHUSA	416,136				120,514	295,622
Other comprehensive (OCI) income attributable to NCI	(10,180)						(10,180)
Net income attributable to NCI	110,743						110,743
Impact of SC stock option activity	1,255						1,255
Contribution from shareholder	41,570			41,570
Dividends declared and paid on common stock	(75,000)					(75,000)
Dividends paid to NCI	(21,245)						(21,245)
Stock repurchase attributable to NCI	$ (86,864)			4,896			(91,760)
Ending balance (in shares) at Jun. 30, 2019	530,391,043	530,391,000
Equity, Ending balance at Jun. 30, 2019	$ 24,504,820		$ 0	$ 17,945,636	$ (96,519)	$ 4,114,659	$ 2,541,044

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income including NCI		$ 645,857	$ 619,807
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses		1,080,843	987,683
Deferred tax expense		216,264	242,773
Depreciation, amortization and accretion		1,131,787	889,219
Net loss on sale of loans		150,147	148,838
Net (gain)/loss on sale of investment securities		(379)	244
Loss on debt extinguishment		1,127	3,413
Net loss on real estate owned and premises and equipment		2,820	3,288
Stock-based compensation		266	501
Equity income on equity method investments		(322)	(3,392)
Originations of LHFS, net of repayments		(568,633)	(2,369,626)
Purchases of LHFS		(229)	(620)
Proceeds from sales of LHFS		614,783	3,256,748
Net change in:
Revolving personal loans		(72,723)	(72,921)
Other assets, BOLI and trading securities		(479,589)	(401,695)
Other liabilities		260,283	704,392
NET CASH PROVIDED BY OPERATING ACTIVITIES		2,982,302	4,008,652
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sales of AFS investment securities		285,263	39,446
Proceeds from prepayments and maturities of AFS investment securities		1,546,071	1,118,084
Purchases of AFS investment securities		(2,172,170)	(1,194,315)
Proceeds from prepayments and maturities of HTM investment securities		146,505	175,806
Purchases of HTM investment securities		(25,938)	(135,898)
Proceeds from sales of other investments		148,339	63,024
Proceeds from maturities of other investments		13,673	0
Purchases of other investments		(241,707)	(64,678)
Proceeds from sales of LHFI		602,325	826,085
Distributions from equity method investments		2,526	2,189
Contributions to equity method and other investments		(110,953)	(52,341)
Proceeds from settlements of BOLI policies		17,486	10,888
Purchases of LHFI		(625,435)	(559,358)
Net change in loans other than purchases and sales		(5,423,963)	(3,624,591)
Purchases and originations of operating leases		(4,527,626)	(4,804,003)
Proceeds from the sale and termination of operating leases		1,840,648	2,212,897
Manufacturer incentives		431,294	443,905
Proceeds from sales of real estate owned and premises and equipment		33,367	27,782
Purchases of premises and equipment		(88,014)	(70,756)
Upfront fee paid to FCA		(60,000)	0
NET CASH USED IN INVESTING ACTIVITIES		(8,208,309)	(5,585,834)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net change in deposits and other customer accounts		2,208,674	725,445
Net change in short-term borrowings		671,956	571,142
Net proceeds from long-term borrowings		21,916,766	23,140,364
Repayments of long-term borrowings		(19,882,995)	(22,560,831)
Proceeds from Federal Home Loan Bank (FHLB) advances (with terms greater than 3 months)		3,375,000	0
Repayments of FHLB advances (with terms greater than 3 months)		(2,150,000)	(1,400,000)
Net change in advance payments by borrowers for taxes and insurance		21,261	31,283
Cash dividends paid to preferred stockholders		0	(7,300)
Dividends paid on common stock		(150,000)	(10,000)
Dividends paid to NCI		(42,394)	(11,535)
Stock repurchase attributable to NCI		(104,644)	0
Proceeds from the issuance of common stock		1,455	4,911
Capital contribution from shareholder		75,901	5,741
NET CASH PROVIDED BY FINANCING ACTIVITIES		5,940,980	489,220
NET INCREASE/(DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH		714,973	(1,087,962)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD		10,722,304	10,338,774
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD	[1]	11,437,277	9,250,812
NON-CASH TRANSACTIONS
Loans transferred from/(to) held-for-investment (HFI) (from)/to held-for-sale, net (HFS)		1,600,445	724,616
Unsettled purchases of investment securities		333,498	0
Unsettled sales of investment securities		342,401	0
AFS investment securities transferred to HTM investment securities		0	1,167,189
Right-of-use assets		664,057	0
Accrued expenses and payables		$ 705,650	$ 0
[1]	The six-month periods ended June 30, 2019 and 2018 include cash and cash equivalents balances of $8.0 billion and $6.1 billion, respectively, and restricted cash balances of $3.4 billion and $3.1 billion, respectively.

CONDENSED CONSOLIDATED STATEM_7

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2019		Dec. 31, 2018		Jun. 30, 2018
Statement of Cash Flows [Abstract]
Cash and cash equivalents	$ 8,019,284		$ 7,790,593		$ 6,100,000
Restricted cash	$ 3,417,993	[1]	$ 2,931,711	[1]	$ 3,100,000
[1]	The Company has interests in certain securitization trusts ("Trusts") that are considered variable interest entities ("VIEs") for accounting purposes. At June 30, 2019 and December 31, 2018, LHFI included $25.2 billion and $24.1 billion, Operating leases assets, net included $15.3 billion and $14.0 billion, restricted cash included $1.7 billion and $1.6 billion, other assets included $604.4 million and $685.4 million, Borrowings and other debt obligations included $33.3 billion and $31.9 billion, and Other liabilities included $99.9 million and $122.0 million of assets or liabilities that were included within VIEs, respectively. See Note 6 to these Condensed Consolidated Financial Statements for additional information.

BASIS OF PRESENTATION AND ACCOU

BASIS OF PRESENTATION AND ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
BASIS OF PRESENTATION AND ACCOUNTING POLICIES	BASIS OF PRESENTATION AND ACCOUNTING POLICIES Introduction Santander Holdings USA, Inc. ("SHUSA" or the "Company") is the parent company (the "Parent Company") of Santander Bank, National Association (the "Bank" or "SBNA"), a national banking association; Santander Consumer USA Holdings Inc. (together with its subsidiaries, "SC"), a consumer finance company; Santander BanCorp (together with its subsidiaries, "Santander BanCorp"), a financial holding company headquartered in Puerto Rico that offers a full range of financial services through its wholly-owned banking subsidiary, Banco Santander Puerto Rico ("BSPR"); Santander Securities LLC ("SSLLC"), a broker-dealer headquartered in Boston, Massachusetts; Banco Santander International ("BSI"), an Edge corporation located in Miami, Florida that offers a full range of banking services to foreign individuals and corporations based primarily in Latin America; and Santander Investment Securities Inc. ("SIS"), a registered broker-dealer located in New York providing services in investment banking, institutional sales, and trading and offering research reports of Latin American and European equity and fixed income securities; as well as several other subsidiaries. SSLLC, SIS, and another SHUSA subsidiary, Santander Asset Management, LLC (“SAM”), are registered investment advisers with the Securities and Exchange Commission (the “SEC”). SHUSA is headquartered in Boston and the Bank's home office is in Wilmington, Delaware. SHUSA is a wholly-owned subsidiary of Banco Santander, S.A. ("Santander"). The Parent Company's two largest subsidiaries by asset size and revenue are the Bank and SC. The Bank’s primary business consists of attracting deposits and providing other retail banking services through its network of retail branches, and originating small business loans, middle market, large and global commercial loans, multifamily loans, residential mortgage loans, home equity lines of credit, and auto and other consumer loans throughout the Mid-Atlantic and Northeastern areas of the United States, focused throughout Pennsylvania, New Jersey, New York, New Hampshire, Massachusetts, Connecticut, Rhode Island, and Delaware. The Bank uses its deposits, as well as other financing sources, to fund its loan and investment portfolios. SC is a specialized consumer finance company focused on vehicle finance and third-party servicing. SC's primary business is the indirect origination and securitization of retail installment contracts ("RICs") principally through manufacturer-franchised dealers in connection with their sale of new and used vehicles to retail consumers. In conjunction with a ten -year private label financing agreement with Fiat Chrysler Automobiles US LLC ("FCA") that became effective May 1, 2013 (the "Chrysler Agreement"), SC offers a full spectrum of auto financing products and services to FCA customers and dealers under the Chrysler Capital brand. These products and services include consumer RICs and leases, as well as dealer loans for inventory, construction, real estate, working capital and revolving lines of credit. Refer to Note 16 for additional details. On June 28, 2019, SC entered into an amendment to the Chrysler Agreement, with FCA, which modified the Chrysler Agreement to, among other things, adjust certain performance metrics, exclusivity commitments and payment provisions under the Chrysler Agreement. The amendment also terminated the previously disclosed tolling agreement dated July 2018, between SC and FCA. SC also originates vehicle loans through a web-based direct lending program, purchases vehicle RICs from other lenders, and services automobile and recreational and marine vehicle portfolios for other lenders. Additionally, SC has other relationships through which it provides personal loans, private-label revolving lines of credit and other consumer finance products. As of June 30, 2019 , SC was owned approximately 70.5% by SHUSA and 29.5% by other shareholders. SC Common Stock is listed on the New York Stock Exchange (the "NYSE") under the trading symbol "SC." On April 22, 2019, SBNA entered into an agreement with First Commonwealth Bank for the sale of 14 bank branches and four automated teller machines ("ATMs") located in central Pennsylvania, together with approximately $507 million of deposits and $113 million of retail and business loans (outstanding balances as of June 30, 2019 ). This transaction aligns with SHUSA’s strategy to reallocate capital to investments in core markets that will drive growth. The transaction is expected to close in the third quarter of 2019, with the recognition of an immaterial gain on sale. NOTE 1. BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) Intermediate Holding Company ("IHC") The enhanced prudential standards ("EPS") mandated by Section 165 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "DFA")(the “Final Rule") were enacted by the Federal Reserve System (the "Federal Reserve") to strengthen regulatory oversight of foreign banking organizations ("FBOs"). Under the Final Rule, FBOs with over $50 billion of U.S. non-branch assets, including Santander, are required to consolidate U.S. subsidiary activities under an IHC. Due to its U.S. non-branch total consolidated asset size, Santander is subject to the Final Rule. As a result of this rule, Santander transferred substantially all of its equity interests in U.S. bank and non-bank subsidiaries previously outside the Company to the Company, which became an IHC effective July 1, 2016. These subsidiaries included Santander BanCorp, BSI, SIS and SSLLC, as well as several other subsidiaries. On July 1, 2017, an additional Santander subsidiary, SFS, a finance company located in Puerto Rico, was transferred to the Company. Additionally, effective July 2, 2018, Santander transferred SAM to the IHC. The contribution of SAM to the Company transferred approximately $5.4 million of assets, $1.0 million of liabilities, and $4.4 million of equity to the Company. Although SAM is an entity under common control, its results of operations, financial condition, and cash flows are immaterial to the historical financial results of the Company. As a result, the Company elected to report the results of SAM on a prospective basis beginning July 2, 2018. As a result of the contribution of SAM, SHUSA's net income is understated by $0.6 million and $1.0 million for the three- and six-month periods ended June 30, 2018. These amounts are immaterial to the overall presentation of the Company's financial statements for each of the periods presented. Basis of Presentation These Condensed Consolidated Financial Statements include accounts of the Company and its consolidated subsidiaries, and certain special purpose financing trusts that are considered VIEs. The Company generally consolidates VIEs for which it is deemed to be the primary beneficiary and voting interest entities ("VOEs") in which the Company has a controlling financial interest. All significant intercompany balances and transactions have been eliminated in consolidation. These Condensed Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States ("GAAP") and pursuant to SEC regulations. Additionally, where applicable, the Company's accounting policies conform to the accounting and reporting guidelines prescribed by bank regulatory authorities. In the opinion of management, the accompanying Condensed Consolidated Financial Statements reflect all adjustments of a normal and recurring nature necessary for a fair statement of the Condensed Consolidated Balance Sheets , Statements of Operations , Statements of Comprehensive Income , Statements of Stockholder's Equity and Statements of Cash Flows ("SCF") for the periods indicated, and contain adequate disclosure to make the information presented not misleading. These Condensed Consolidated Financial Statements should be read in conjunction with the Company's Annual Report on Form 10-K for the year ended December 31, 2018 . Corrections to Previously Reported Amounts We have made certain corrections to previously disclosed amounts to correct for immaterial errors related to our RIC portfolio. Certain accounting for RICs and auto loans As discussed in Note 1 - "Basis of Presentation and Accounting Policies" in the 2018 Annual Report on Form 10-K, the Company identified and corrected two immaterial errors. The Company has revised its comparative Condensed Consolidated Financial Statements as of June 30, 2018 included within this Quarterly Report on Form 10-Q. NOTE 1. BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) The following tables summarize the impacts of the corrections on the Company's Condensed Consolidated Statement of Operations for the periods indicated: For the three-month period ended For the six-month period ended June 30, 2018 June 30, 2018 As Reported Corrections As Revised As Reported Corrections Revised INTEREST INCOME Loans $ 1,813,853 $ 54,470 $ 1,868,323 $ 3,561,579 $ 108,873 $ 3,670,452 TOTAL INTEREST INCOME 1,946,603 54,470 2,001,073 3,822,660 108,873 3,931,533 NET INTEREST INCOME 1,537,616 54,470 1,592,086 3,033,558 108,873 3,142,431 Provision for credit losses 379,834 53,969 433,803 882,368 105,315 987,683 NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 1,157,782 501 1,158,283 2,151,190 3,558 2,154,748 Income tax provision / (benefit) 168,035 116 168,151 263,356 857 264,213 NET INCOME including NCI 359,171 385 359,556 617,107 2,700 619,807 Less: Net income attributable to NCI 104,018 123 104,141 178,416 864 179,280 NET INCOME ATTRIBUTABLE TO SHUSA $ 255,153 $ 262 $ 255,415 $ 438,691 $ 1,836 $ 440,527 The following table summarizes the impacts of the corrections on the Company's Condensed Consolidated SCF for the period indicated: For the six-month period ended June 30, 2018 As Reported Corrections As Revised Net cash provided by operating activities $ 3,909,460 $ 99,192 $ 4,008,652 Net cash provided by (used in) investing activities $ (5,486,642 ) $ (99,192 ) $ (5,585,834 ) In addition to the revision of the Company's Consolidated Financial Statements, information within the Notes to the Consolidated Financial Statements has been revised to reflect the correction of the errors discussed above. The following tables summarize the impacts of the correction of those items: June 30, 2018 As Reported Corrections As Revised Non-performing - RICs and auto loans - originated $ 1,924,294 $ (946,334 ) $ 977,960 Total non-performing loans 2,901,957 (946,334 ) 1,955,623 Total non-performing assets 3,169,101 (946,334 ) 2,222,767 June 30, 2018 As Reported Corrections As Revised 30-89 DPD (1) 90+ DPD Current 30-89 DPD 90+ DPD Current 30-89 DPD 90+ DPD Current RICs and auto loans - originated $ 3,038,768 $ 229,528 $ 22,416,117 $ 174,294 $ 20,269 $ (56,027 ) $ 3,213,062 $ 249,797 $ 22,360,090 Total loans $ 3,787,412 $ 814,165 $ 80,095,126 $ 174,294 $ 20,269 $ (56,027 ) $ 3,961,706 $ 834,434 $ 80,039,099 (1) Days past due ("DPD"). Significant Accounting Policies The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and the disclosures of contingent assets and liabilities, as of the date of the financial statements, and the amount of revenue and expenses during the reporting periods. Actual results could differ from those estimates, and those differences may be material. NOTE 1. BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) Management has identified (i) the allowance for loan losses and the reserve for unfunded lending commitments, (ii) estimates of expected residual values of leases vehicles subject to operating leases, (iii) accretion of discounts and subvention on RICs, (iv) goodwill, (v) fair value of financial instruments, and (vi) income taxes as the Company's significant accounting policies and estimates, in that they are important to the portrayal of the Company's financial condition, results of operations and cash flows and the accounting estimates related thereto require management's most difficult, subjective and complex judgments as a result of the need to make estimates about the effect of matters that are inherently uncertain. As of June 30, 2019, with the exception of the items noted in the section captioned "Recently Adopted Accounting Standards" below, there have been no significant changes to the Company's accounting policies as disclosed in its Annual Report on Form 10-K for the year ended December 31, 2018. Recently Adopted Accounting Standards Since January 1, 2019, the Company adopted the following Financial Accounting Standards Board ("FASB") Accounting Standards Updates (“ASUs"): • ASU 2016-02, Leases (Topic 842) . The Company adopted this standard as of January 1, 2019, resulting in the recognition of a right of-use (“ROU”) asset ( $664.1 million ) and lease liability ( $705.7 million ) in the Consolidated Balance Sheet for all operating leases with a term greater than 12 months. The Company adopted the ASU using the modified retrospective approach, with application at the adoption date and a cumulative-effect adjustment to the opening balance of retained earnings. Under this approach, comparative periods were not adjusted. We elected the package of practical expedients permitted under transition guidance, which allowed us to carry forward the historical lease classification. We also elected not to recognize a lease liability and associated ROU asset for short-term leases. We did not elect (1) the hindsight practical expedient when determining the lease term and (2) the practical expedient to not separate non-lease components from lease components. The ASU required the Company to accelerate the recognition of $18.7 million of previously deferred gains on sale-leaseback transactions, with such impact recorded to the opening balance of Retained earnings. The ROU asset and lease liability will subsequently be de-recognized in a manner that effectively yields a straight-line lease expense over the lease term. Lessee accounting requirements for finance leases (previously described as capital leases) and lessor accounting requirements for operating, sales-type, and direct financing leases (sales-type and direct financing leases were both previously referred to as capital leases) are largely unchanged. This standard did not materially affect our Consolidated Statements of Operations or SCF. • In August 2018, the FASB issued ASU 2018-15, Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract. This ASU aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. The capitalized costs will be presented with Other assets on the balance sheet, and the amortization expense will be presented in the Technology, outside service, and marketing expense line of the Statement of Operations. The Company has early adopted this standard effective January 1, 2019 and it did not have a material impact on the Company's Condensed Consolidated Financial Statements and related disclosures. The adoption of the following ASUs did not have an impact on the Company's financial position or results of operations: • ASU 2017-08, Receivables - Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities. • ASU 2017-11, Earnings Per Share (Topic 260); Distinguishing Liabilities from Equity (Topic 480); Derivatives and Hedging (Topic 815): (Part I) Accounting for Certain Financial Instruments with Down Round Features, (Part II) Replacement of the Indefinite Deferral for Mandatorily Redeemable Financial Instruments of Certain Nonpublic Entities and Certain Mandatorily Redeemable Noncontrolling Interests with a Scope Exception. • ASU 2018-07, Compensation - Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting. • ASU 2018-16, Derivatives and Hedging (Topic 815), Inclusion of the Secured Overnight Financing Rate (SOFR) Overnight Index Swap (OIS) Rate as a Benchmark Interest Rate for Hedge Accounting Purposes. NOTE 1. BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) Subsequent Events The Company evaluated events from the date of the Condensed Consolidated Financial Statements on June 30, 2019 through the issuance of these Condensed Consolidated Financial Statements , and has determined that there have been no material events that would require recognition in its Condensed Consolidated Financial Statements or disclosure in the Notes to the Condensed Consolidated Financial Statements for the three-month and six-month periods ended June 30, 2019 other than the events disclosed in Note 10.

RECENT ACCOUNTING DEVELOPMENTS

RECENT ACCOUNTING DEVELOPMENTS	6 Months Ended
	Jun. 30, 2019
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
RECENT ACCOUNTING DEVELOPMENTS	RECENT ACCOUNTING DEVELOPMENTS In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments . This guidance significantly changes how entities will measure credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. The standard will replace today’s “incurred loss” approach with an “expected loss” model for instruments measured at amortized cost. For AFS debt securities, entities will be required to record allowances rather than reduce the carrying amount, as they do today under the OTTI model. The standard also simplifies the accounting model for purchased credit-impaired debt securities and loans. The guidance will be effective for the Company for the first reporting period beginning after December 15, 2019, including interim periods within that year. The Company does not intend to adopt this ASU early and is currently evaluating the impact the new guidance will have on its financial position, results of operations and cash flows; however, it is expected that the new current expected credit loss model will alter the assumptions used in calculating the Company's allowance for credit losses ("ACL"), given the change to estimated losses for the estimated life of the financial asset, and will likely result in material increases to the Company's ACL and related decreases to capital ratios. In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement . This ASU removes the requirement to disclose the amount of and reasons for transfers between Level 1 and Level 2 of the fair value hierarchy, the policy for timin g of transfers between levels, and the valuation processes for Level 3 fair value measurements. This ASU requires disclosure of changes in unrealized gains and losses for the period included in OCI (loss) for recurring Level 3 fair value measurements held at the end of the reporting period and the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements. This new guidance will be effective for fiscal years beginning after December 15, 2019 and interim periods within those fiscal years. Early adoption is permitted. The Company is currently evaluating the effect the new guidance will have on its Consolidated Financial Statements and related disclosures. In addition to those described in detail above, the Company is in the process of evaluating ASU 2018-17, Consolidation (Topic 810): Targeted Improvements to Related Party Guidance for Variable Interest Entities , but does not expect it to have a material impact on the Company's financial position, results of operations, or disclosures.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	6 Months Ended
	Jun. 30, 2019
Investments, Debt and Equity Securities [Abstract]
INVESTMENT SECURITIES	INVESTMENT SECURITIES Summary of Investment in Debt Securities - AFS and HTM The following tables present the amortized cost, gross unrealized gains and losses and approximate fair values of debt securities AFS at the dates indicated: June 30, 2019 December 31, 2018 (in thousands) Amortized Gross Gross Fair Amortized Gross Gross Fair U.S. Treasury securities $ 3,122,838 $ 4,514 $ (3,176 ) $ 3,124,176 $ 1,815,914 $ 560 $ (11,729 ) $ 1,804,745 Corporate debt securities 158,446 87 (33 ) 158,500 160,164 12 (62 ) 160,114 Asset-backed securities (“ABS”) 417,401 2,054 (1,531 ) 417,924 435,464 3,517 (2,144 ) 436,837 State and municipal securities 13 — — 13 16 — — 16 Mortgage-backed securities (“MBS”): GNMA - Residential (1) 2,526,247 4,856 (17,651 ) 2,513,452 2,829,075 861 (85,675 ) 2,744,261 GNMA - Commercial 745,871 8,374 (429 ) 753,816 954,651 1,250 (19,515 ) 936,386 FHLMC and FNMA - Residential (2) 4,889,480 13,461 (41,731 ) 4,861,210 5,687,221 267 (188,515 ) 5,498,973 FHLMC and FNMA - Commercial 70,700 2,670 (6 ) 73,364 51,808 384 (537 ) 51,655 Total investments in debt securities AFS $ 11,930,996 $ 36,016 $ (64,557 ) $ 11,902,455 $ 11,934,313 $ 6,851 $ (308,177 ) $ 11,632,987 (1) Government National Mortgage Association ("GNMA") (2) Federal Home Loan Mortgage Corporation ("FHLMC") and Federal National Mortgage Association ("FNMA") The following tables present the amortized cost, gross unrealized gains and losses and approximate fair values of debt securities HTM at the dates indicated: June 30, 2019 December 31, 2018 (in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Loss Fair Value Amortized Gross Gross Fair MBS: GNMA - Residential $ 1,729,543 $ 11,782 $ (13,044 ) $ 1,728,281 $ 1,718,687 $ 1,806 $ (54,184 ) $ 1,666,309 GNMA - Commercial 1,226,208 15,951 (952 ) 1,241,207 1,031,993 1,426 (23,679 ) 1,009,740 Total investments in debt securities HTM $ 2,955,751 $ 27,733 $ (13,996 ) $ 2,969,488 $ 2,750,680 $ 3,232 $ (77,863 ) $ 2,676,049 The Company continuously evaluates its investment strategies in light of changes in the regulatory and market environments that could have an impact on capital and liquidity. Based on this evaluation, it is reasonably possible that the Company may elect to pursue other strategies relative to its investment securities portfolio. As of June 30, 2019 and December 31, 2018 , the Company had investment securities with an estimated carrying value of $6.8 billion and $6.6 billion , respectively, pledged as collateral, which were comprised of the following: $2.3 billion and $3.0 billion , respectively, were pledged as collateral for the Company's borrowing capacity with the Federal Reserve Bank (the "FRB"); $3.6 billion and $2.7 billion , respectively, were pledged to secure public fund deposits; $185.5 million and $78.0 million , respectively, were pledged to various independent parties to secure repurchase agreements, support hedging relationships, and for recourse on loan sales; $424.1 million and $423.3 million , respectively, were pledged to deposits with clearing organizations; and $273.0 million and $415.1 million , respectively, were pledged to secure the Company's customer overnight sweep product. At June 30, 2019 and December 31, 2018 , the Company had $40.3 million and $40.2 million , respectively, of accrued interest related to investment securities which is included in the Other assets line of the Company's Condensed Consolidated Balance Sheets . Contractual Maturity of Debt Securities Contractual maturities of the Company’s AFS debt securities at June 30, 2019 were as follows: (in thousands) Amortized Cost Fair Value Due within one year $ 3,255,956 $ 3,255,876 Due after 1 year but within 5 years 376,902 380,421 Due after 5 years but within 10 years 398,434 400,761 Due after 10 years 7,899,704 7,865,397 Total $ 11,930,996 $ 11,902,455 NOTE 3. INVESTMENT SECURITIES (continued) Contractual maturities of the Company’s HTM debt securities at June 30, 2019 were as follows: (in thousands) Amortized Cost Fair Value Due after 10 years $ 2,955,751 $ 2,969,488 Total $ 2,955,751 $ 2,969,488 Actual maturities may differ from contractual maturities when there is a right to call or prepay obligations with or without call or prepayment penalties. Gross Unrealized Loss and Fair Value of Debt Securities AFS and HTM The following tables present the aggregate amount of unrealized losses as of June 30, 2019 and December 31, 2018 on securities in the Company’s AFS investment portfolios classified according to the amount of time those securities have been in a continuous loss position: June 30, 2019 December 31, 2018 Less than 12 months 12 months or longer Less than 12 months 12 months or longer (in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Fair Value Unrealized U.S. Treasury securities $ — $ — $ 897,154 $ (3,176 ) $ 288,660 $ (315 ) $ 914,212 $ (11,414 ) Corporate debt securities 114,826 (33 ) — — 152,247 (62 ) 13 — ABS — — 67,419 (1,531 ) 31,888 (249 ) 77,766 (1,895 ) MBS: GNMA - Residential 36,884 (91 ) 1,946,255 (17,560 ) 102,418 (2,014 ) 2,521,278 (83,661 ) GNMA - Commercial — — 74,678 (429 ) 199,495 (2,982 ) 622,989 (16,533 ) FHLMC and FNMA - Residential 109,040 (181 ) 3,000,434 (41,550 ) 237,050 (5,728 ) 5,236,028 (182,787 ) FHLMC and FNMA - Commercial — — 435 (6 ) — — 21,819 (537 ) Total investments in debt securities AFS $ 260,750 $ (305 ) $ 5,986,375 $ (64,252 ) $ 1,011,758 $ (11,350 ) $ 9,394,105 $ (296,827 ) The following tables present the aggregate amount of unrealized losses as of June 30, 2019 and December 31, 2018 on debt securities in the Company’s HTM investment portfolios classified according to the amount of time those securities have been in a continuous loss position: June 30, 2019 December 31, 2018 Less than 12 months 12 months or longer Less than 12 months 12 months or longer (in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Fair Value Unrealized GNMA - Residential $ 30,535 $ (84 ) $ 966,960 $ (12,960 ) $ 205,573 $ (4,810 ) $ 1,295,554 $ (49,374 ) GNMA - Commercial — — 172,593 (952 ) 221,250 (5,572 ) 629,847 (18,107 ) Total investments in debt securities HTM $ 30,535 $ (84 ) $ 1,139,553 $ (13,912 ) $ 426,823 $ (10,382 ) $ 1,925,401 $ (67,481 ) OTTI Management evaluates all investment securities in an unrealized loss position for OTTI on a quarterly basis. An unrealized loss exists when the current fair value of an individual security is less than its amortized cost basis. The OTTI assessment is a subjective process requiring the use of judgments and assumptions. During the securities-level assessments, consideration is given to (1) the intent not to sell and probability that the Company will not be required to sell the security before recovery of its cost basis to allow for any anticipated recovery in fair value, (2) the financial condition and near-term prospects of the issuer, as well as company news and current events, and (3) the ability to collect the future expected cash flows. Key assumptions utilized to forecast expected cash flows may include loss severity, expected cumulative loss percentage, cumulative loss percentage to date, weighted average Fair Isaac Corporation ("FICO ® ") scores and weighted average loan-to-value ("LTV") ratio, rating or scoring, credit ratings and market spreads, as applicable. The Company assesses and recognizes OTTI in accordance with applicable accounting standards. Under these standards, if the Company determines that impairment on its debt securities exists and it has made the decision to sell the security or it is more likely than not that the Company will be required to sell the security prior to recovery of its amortized cost basis, it recognizes the entire portion of the unrealized loss in earnings. If the Company has not made a decision to sell the security and it does not expect that it will be required to sell the security prior to the recovery of the amortized cost basis but the Company has determined that OTTI exists, it recognizes the credit-related portion of the decline in value of the security in earnings. NOTE 3. INVESTMENT SECURITIES (continued) The Company did not record any OTTI related to its investment securities for the three-month and six-month periods ended June 30, 2019 or 2018 . Management has concluded that the unrealized losses on its debt securities for which it has not recognized OTTI (which were comprised of 695 individual securities at June 30, 2019 ) are temporary in nature since (1) they reflect the increase in interest rates, which lowers the current fair value of the securities, (2) they are not related to the underlying credit quality of the issuers, (3) the entire contractual principal and interest due on these securities is currently expected to be recoverable, (4) the Company does not intend to sell these investments at a loss and (5) it is more likely than not that the Company will not be required to sell the investments before recovery of the amortized cost basis, which for the Company's debt securities may be at maturity. Accordingly, the Company has concluded that the impairment on these securities is not other than temporary. Gains (Losses) and Proceeds on Sales of Investment Securities Proceeds from sales of investments in debt securities and the realized gross gains and losses from those sales were as follows: Three-Month Period Six-Month Period Ended June 30, (in thousands) 2019 2018 2019 2018 Proceeds from the sales of AFS securities $ 344,792 $ — $ 627,664 $ 39,446 Gross realized gains $ 2,528 $ 419 $ 3,340 $ — Gross realized losses (149 ) — (2,961 ) (244 ) OTTI — — — — Net realized gains/(losses) (1) $ 2,379 $ 419 $ 379 $ (244 ) (1) Includes net realized gain/(losses) on trading securities of $(12.0) thousand and $(0.3) million for the three-month and six-month periods ended June 30, 2019 , respectively, and $0.4 million and $(0.2) million for the three-month and six-month periods ended June 30, 2018 , respectively. The Company uses the specific identification method to determine the cost of the securities sold and the gain or loss recognized. Other Investments Other Investments consisted of the following as of: (in thousands) June 30, 2019 December 31, 2018 FHLB of Pittsburgh and FRB stock $ 706,086 $ 631,239 Low Income Housing Tax Credit investments ("LIHTC") 234,895 163,113 Equity securities not held for trading 12,528 10,995 Trading securities 2,302 10 Total $ 955,811 $ 805,357 Other investments primarily include the Company's investment in the stock of the FHLB of Pittsburgh and the FRB. These stocks do not have readily determinable fair values because their ownership is restricted and they lack a market. The stocks can be sold back only at their par value of $100 per share, and FHLB stock can be sold back only to the FHLB or to another member institution. Accordingly, these stocks are carried at cost. During the three-month and six-month periods ended June 30, 2019 , the Company purchased $111.0 million and $171.1 million of FHLB stock at par, respectively, and redeemed $39.1 million and $96.1 million of FHLB stock at par, respectively. There was no gain or loss associated with these redemptions. During the six-month period ended June 30, 2019 , the Company did no t purchase FRB stock. The Company's LIHTC investments are accounted for using the proportional amortization method. Equity securities are measured at fair value as of June 30, 2019 , with changes in fair value recognized in net income, and consist primarily of Community Reinvestment Act (“CRA") mutual fund investments. With the exception of equity and trading securities which are measured at fair value, the Company evaluates these other investments for impairment based on the ultimate recoverability of the carrying value, rather than by recognizing temporary declines in value. The Company held an immaterial amount of equity securities without readily determinable fair values at the reporting date.

LOANS AND ALLOWANCE FOR CREDIT

LOANS AND ALLOWANCE FOR CREDIT LOSSES	6 Months Ended
	Jun. 30, 2019
Loans and Leases Receivable Disclosure [Abstract]
LOANS AND ALLOWANCE FOR CREDIT LOSSES	=760 1,569,283 4.9 % 798,258 2.7 % Total $ 32,089,381 100.0 % $ 29,335,220 100.0 % (1) Consists primarily of loans for which credit scores are not considered in the ALLL model. (2) Credit scores updated quarterly. NOTE 4. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Consumer Lending Asset Quality Indicators-FICO and LTV Ratio For both residential and home equity loans, loss severity assumptions are incorporated in the loan and lease loss reserve models to estimate loan balances that will ultimately charge off. These assumptions are based on recent loss experience within various current LTV bands within these portfolios. LTVs are refreshed quarterly by applying Federal Housing Finance Agency Home price index changes at a state-by-state level to the last known appraised value of the property to estimate the current LTV. The Company's ALLL incorporates the refreshed LTV information to update the distribution of defaulted loans by LTV as well as the associated loss given default for each LTV band. Reappraisals on a recurring basis at the individual property level are not considered cost-effective or necessary; however, reappraisals are performed on certain higher risk accounts to support line management activities, default servicing decisions, or when other situations arise for which the Company believes the additional expense is warranted. Residential mortgage and home equity financing receivables by LTV and FICO range are summarized as follows: Residential Mortgages (1)(3) June 30, 2019 N/A (2) LTV<=70% 70.01-80% 80.01-90% 90.01-100% 100.01-110% LTV>110% Grand Total FICO Score (dollars in thousands) N/A (2) $ 167,858 $ 2,751 $ — $ — $ 132 $ — $ — $ 170,741 <600 38 206,466 47,271 34,358 23,982 942 3,961 317,018 600-639 — 142,130 42,800 35,911 36,620 1,296 1,410 260,167 640-679 118 276,927 93,563 73,156 88,659 3,267 1,137 536,827 680-719 97 522,166 224,343 119,674 148,100 1,719 4,824 1,020,923 720-759 29 973,173 422,704 199,259 185,078 2,210 3,748 1,786,201 >=760 802 3,230,464 1,019,055 327,112 175,625 5,604 6,506 4,765,168 Grand Total $ 168,942 $ 5,354,077 $ 1,849,736 $ 789,470 $ 658,196 $ 15,038 $ 21,586 $ 8,857,045 (1) Excludes LHFS. (2) Residential mortgages and home equity loans and lines of credit in the "N/A" range for LTV or FICO score primarily represent the balance on loans serviced by others, in run-off portfolios or for which a current LTV or FICO score is unavailable. (3) Allowance model considers LTV for financing receivables in first lien position for the Company and combined LTV ("CLTV") for financing receivables in second lien position for the Company. Home Equity Loans and Lines of Credit (2) June 30, 2019 N/A (1) LTV<=70% 70.01-90% 90.01-110% LTV>110% Grand Total FICO Score (dollars in thousands) N/A (1) $ 130,346 $ 1,074 $ 932 $ — $ — $ 132,352 <600 1,098 214,690 56,161 12,911 5,197 290,057 600-639 94 154,026 44,565 6,113 2,961 207,759 640-679 1,408 295,594 97,328 10,120 5,824 410,274 680-719 786 530,631 189,328 16,608 9,692 747,045 720-759 373 726,414 259,463 16,690 13,049 1,015,989 >=760 2,248 1,808,071 515,371 37,749 24,146 2,387,585 Grand Total $ 136,353 $ 3,730,500 $ 1,163,148 $ 100,191 $ 60,869 $ 5,191,061 (1) Residential mortgages and home equity loans and lines of credit in the "N/A" range for LTV or FICO score primarily represent the balance on loans serviced by others, in run-off portfolios or for which a current LTV or FICO score is unavailable. (2) Allowance model considers LTV for financing receivables in first lien position for the Company and CLTV for financing receivables in second lien position for the Company. Residential Mortgages (1)(3) December 31, 2018 N/A (2) LTV<=70% 70.01-80% 80.01-90% 90.01-100% 100.01-110% LTV>110% Grand Total FICO Score (dollars in thousands) N/A (2) $ 87,808 $ 4,465 $ — $ — $ 423 $ — $ — $ 92,696 <600 69 225,647 54,101 35,625 26,863 2,450 4,604 349,359 600-639 35 157,281 47,712 34,124 37,901 943 1,544 279,540 640-679 — 308,780 112,811 76,512 101,057 1,934 1,767 602,861 680-719 — 560,920 266,877 148,283 175,889 3,630 3,593 1,159,192 720-759 50 1,061,969 535,840 210,046 218,177 4,263 6,704 2,037,049 >=760 213 3,518,916 1,253,733 354,629 220,695 6,477 9,102 5,363,765 Grand Total $ 88,175 $ 5,837,978 $ 2,271,074 $ 859,219 $ 781,005 $ 19,697 $ 27,314 $ 9,884,462 (1) Excludes LHFS. (2) Residential mortgages and home equity loans and lines of credit in the "N/A" range for LTV or FICO score primarily represent the balance on loans serviced by others, in run-off portfolios or for which a current LTV or FICO score is unavailable. (3) Allowance model considers LTV for financing receivables in first lien position for the Company and CLTV for financing receivables in second lien position for the Company. NOTE 4. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Home Equity Loans and Lines of Credit (2) December 31, 2018 N/A (1) LTV<=70% 70.01-90% 90.01-110% LTV>110% Grand Total FICO Score (dollars in thousands) N/A (1) $ 133,436 $ 841 $ 197 $ — $ 5 $ 134,479 <600 1,130 209,536 64,202 14,948 5,988 295,804 600-639 398 166,384 48,543 7,932 2,780 226,037 640-679 919 305,642 112,937 10,311 6,887 436,696 680-719 869 527,374 215,824 17,231 13,482 774,780 720-759 1,139 732,467 292,516 20,812 14,677 1,061,611 >=760 2,280 1,844,830 614,221 46,993 27,939 2,536,263 Grand Total $ 140,171 $ 3,787,074 $ 1,348,440 $ 118,227 $ 71,758 $ 5,465,670 (1) Residential mortgages and home equity loans and lines of credit in the "N/A" range for LTV or FICO score primarily represent the balance on loans serviced by others, in run-off portfolios or for which a current LTV or FICO score is unavailable. (2) Allowance model considers LTV for financing receivables in first lien position for the Company and CLTV for financing receivables in second lien position for the Company. TDR Loans The following table summarizes the Company’s performing and non-performing TDRs at the dates indicated: (in thousands) June 30, 2019 December 31, 2018 Performing $ 4,336,971 $ 5,014,224 Non-performing 752,118 908,128 Total (1) $ 5,089,089 $ 5,922,352 (1) Excludes LHFS. Commercial Loan TDRs All of the Company’s commercial loan modifications are based on the circumstances of the individual customer, including specific customers' complete relationships with the Company. Loan terms are modified to meet each borrower’s particular circumstances at a point in time and may allow for modifications such a" id="sjs-B4" xml:space="preserve"> LOANS AND ALLOWANCE FOR CREDIT LOSSES Overall The Company's loans are reported at their outstanding principal balances net of any cumulative charge-offs, unamortized deferred fees and costs and unamortized premiums or discounts. The Company maintains an ACL to provide for losses inherent in its portfolios. Certain loans are pledged as collateral for borrowings, securitizations, or special purpose entities ("SPEs"). These loans totaled $50.8 billion at June 30, 2019 and $49.5 billion at December 31, 2018 . Loans that the Company intends to sell are classified as LHFS. The LHFS portfolio balance at June 30, 2019 was $2.5 billion , compared to $1.3 billion at December 31, 2018 . LHFS in the residential mortgage portfolio are reported at either estimated fair value (if the FVO is elected) or the lower of cost or fair value. For a discussion on the valuation of LHFS at fair value, see Note 14 to the Condensed Consolidated Financial Statements . Loans under SC’s personal lending platform have been classified as HFS and adjustments to lower of cost or market are recorded through Miscellaneous income, net on the Condensed Consolidated Statements of Operations . As of June 30, 2019 , the carrying value of the personal unsecured HFS portfolio was $1.0 billion . Interest on loans is credited to income as it is earned. Loan origination fees and certain direct loan origination costs are deferred and recognized as adjustments to interest income in the Condensed Consolidated Statements of Operations over the contractual life of the loan utilizing the interest method. Loan origination costs and fees and premiums and discounts on RICs are deferred and recognized in interest income over their estimated lives using estimated prepayment speeds, which are updated on a monthly basis. At June 30, 2019 and December 31, 2018 , accrued interest receivable on the Company's loans was $511.3 million and $524.0 million , respectively. During the second quarter of 2019, the Company entered into an agreement to sell approximately $1.4 billion of performing residential loans to FNMA. Approximately $566 million of this loan portfolio was sold during the second quarter for a gain of approximately $7 million . The remaining loans are expected to be sold during the third quarter of 2019 for an immaterial gain. Loan and Lease Portfolio Composition The following presents the composition of the gross loans and leases HFI by portfolio and by rate type: June 30, 2019 December 31, 2018 (dollars in thousands) Amount Percent Amount Percent Commercial LHFI: Commercial real estate ("CRE") loans $ 8,611,059 9.6 % $ 8,704,481 10.0 % Commercial and industrial ("C&I") loans 17,013,041 18.9 % 15,738,158 18.1 % Multifamily loans 8,512,147 9.5 % 8,309,115 9.5 % Other commercial (2) 7,896,467 8.8 % 7,630,004 8.8 % Total commercial LHFI 42,032,714 46.8 % 40,381,758 46.4 % Consumer loans secured by real estate: Residential mortgages 8,857,045 9.8 % 9,884,462 11.4 % Home equity loans and lines of credit 5,191,061 5.8 % 5,465,670 6.3 % Total consumer loans secured by real estate 14,048,106 15.6 % 15,350,132 17.7 % Consumer loans not secured by real estate: RICs and auto loans - originated (4) 31,613,831 35.1 % 28,532,085 32.8 % RICs and auto loans - purchased 475,550 0.5 % 803,135 0.9 % Personal unsecured loans 1,429,640 1.6 % 1,531,708 1.8 % Other consumer (3) 372,226 0.4 % 447,050 0.4 % Total consumer loans 47,939,353 53.2 % 46,664,110 53.6 % Total LHFI (1) $ 89,972,067 100.0 % $ 87,045,868 100.0 % Total LHFI: Fixed rate $ 59,097,455 65.7 % $ 56,696,491 65.1 % Variable rate 30,874,612 34.3 % 30,349,377 34.9 % Total LHFI (1) $ 89,972,067 100.0 % $ 87,045,868 100.0 % (1) Total LHFI includes deferred loan fees, net of deferred origination costs and unamortized purchase premiums, net of discounts as well as purchase accounting adjustments. These items resulted in a net increase in the loan balances of $1.7 billion and $1.4 billion as of June 30, 2019 and December 31, 2018 , respectively. (2) Other commercial includes commercial equipment vehicle financing ("CEVF") leveraged leases and loans. (3) Other consumer primarily includes recreational vehicle ("RV") and marine loans. (4) Beginning in 2018, the Bank has an agreement with SC by which SC provides the Bank with origination support services in connection with the processing, underwriting and purchase of RICs, primarily from Chrysler dealers. NOTE 4. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Portfolio segments and classes GAAP requires that entities disclose information about the credit quality of their financing receivables at disaggregated levels, specifically defined as “portfolio segments” and “classes,” based on management’s systematic methodology for determining the ACL. The Company utilizes similar categorization compared to the financial statement categorization of loans to model and calculate the ACL and track the credit quality, delinquency and impairment status of the underlying loan populations. In disaggregating its financing receivables portfolio, the Company’s methodology begins with the commercial and consumer segments. The commercial segmentation reflects line of business distinctions. The CRE line of business includes C&I owner-occupied real estate and specialized lending for investment real estate. The Company's allowance methodology further classifies loans in this line of business into construction and non-construction loans; however, the methodology for development and determination of the allowance is generally consistent between the two portfolios. "C&I" includes non-real estate-related C&I loans. "Multifamily" represents loans for multifamily residential housing units. “Other commercial” includes loans to global customer relationships in Latin America which are not defined as commercial or consumer for regulatory purposes. The remainder of the portfolio primarily represents the CEVF portfolio. The Company's portfolio classes are substantially the same as its financial statement categorization of loans for consumer loan populations. “Residential mortgages” includes mortgages on residential property, including single family and 1-4 family units. "Home equity loans and lines of credit" include all organic home equity contracts and purchased home equity portfolios. "RICs and auto loans" includes the Company's direct automobile loan portfolios, but excludes RV and marine RICs. "Personal unsecured loans" includes personal revolving loans and credit cards. “Other consumer” includes an acquired portfolio of marine RICs and RV contracts as well as indirect auto loans. In accordance with the Company's accounting policy when establishing the collective ACL for originated loans, the Company's estimate of losses on recorded investment includes the estimate of the related net unaccreted discount balance that is expected at the time of charge-off, while it considers the entire unaccreted discount for loan portfolios purchased at a discount as available to absorb the credit losses when determining the ACL specific to these portfolios. This accounting policy is not applicable to the purchased loan portfolios acquired with evidence of credit deterioration, on which we elected to apply the FVO. The RIC and auto loan portfolio is comprised of: (1) RICs originated by SC prior to the first quarter 2014 consolidation and change in control of SC (the “Change in Control"), (2) RICs originated by SC after the Change in Control, and (3) auto loans originated by SBNA. The composition of the portfolio segment is as follows: (in thousands) June 30, 2019 December 31, 2018 RICs - Purchased HFI: Unpaid principal balance ("UPB") (1) $ 494,738 $ 844,582 UPB - FVO (2) 5,913 9,678 Total UPB 500,651 854,260 Purchase marks (3) (25,101 ) (51,125 ) Total RICs - Purchased HFI 475,550 803,135 RICs - Originated HFI: UPB (1) 27,865,324 27,049,875 Net discount (68,966 ) (135,489 ) Total RICs - Originated 27,796,358 26,914,386 SBNA auto loans 3,817,473 1,617,699 Total RICs - originated post-Change in Control 31,613,831 28,532,085 Total RICs and auto loans HFI $ 32,089,381 $ 29,335,220 (1) UPB does not include amounts related to the loan receivables - unsecured and loan receivables from dealers due to the short-term and revolving nature of these receivables. (2) The Company elected to account for these loans, which were acquired with evidence of credit deterioration, under the FVO. (3) Includes purchase marks of $1.3 million and $2.1 million related to purchase loan portfolios on which we elected to apply the FVO at June 30, 2019 and December 31, 2018 , respectively. NOTE 4. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) During the six-month periods June 30, 2019 and 2018 , SC originated $5.9 billion and $4.7 billion , respectively, in Chrysler Capital loans (which excludes the SBNA originations program), which represented 54% and 49% , respectively, of the UPB of SC's total RIC originations. As of June 30, 2019 and December 31, 2018 , the carrying value of SC's auto RIC portfolio consisted of $8.6 billion and $9.0 billion , respectively, of Chrysler Capital loans (excluding the SBNA originations program), which represented 33% and 36% , respectively, of SC's auto RIC portfolio. ACL Rollforward by Portfolio Segment The activity in the ACL by portfolio segment for the three-month and six-month periods ended June 30, 2019 , and 2018 was as follows: Three-Month Period Ended June 30, 2019 (in thousands) Commercial Consumer Unallocated Total ALLL, beginning of period $ 447,991 $ 3,348,356 $ 46,748 $ 3,843,095 Provision for loan and lease losses 23,671 460,241 — 483,912 Other (1) — (20,395 ) — (20,395 ) Charge-offs (36,715 ) (1,208,152 ) — (1,244,867 ) Recoveries 12,131 709,957 — 722,088 Charge-offs, net of recoveries (24,584 ) (498,195 ) — (522,779 ) ALLL, end of period $ 447,078 $ 3,290,007 $ 46,748 $ 3,783,833 Reserve for unfunded lending commitments, beginning of period (2) $ 86,563 $ 6,122 $ — $ 92,685 Provision for reserve for unfunded lending commitments (3,218 ) (62 ) — (3,280 ) Reserve for unfunded lending commitments, end of period 83,345 6,060 — 89,405 Total ACL, end of period $ 530,423 $ 3,296,067 $ 46,748 $ 3,873,238 Six-Month Period Ended June 30, 2019 (in thousands) Commercial Consumer Unallocated Total ALLL, beginning of period $ 441,086 $ 3,409,021 $ 47,023 $ 3,897,130 Provision for loan and lease losses 45,644 1,041,294 — 1,086,938 Other — (20,395 ) — (20,395 ) Charge-offs (60,316 ) (2,632,770 ) (275 ) (2,693,361 ) Recoveries 20,664 1,492,857 — 1,513,521 Charge-offs, net of recoveries (39,652 ) (1,139,913 ) (275 ) (1,179,840 ) ALLL, end of period $ 447,078 $ 3,290,007 $ 46,748 $ 3,783,833 Reserve for unfunded lending commitments, beginning of period $ 89,472 $ 6,028 $ — $ 95,500 (Release of) / Provision for reserve for unfunded lending commitments (6,127 ) 32 — (6,095 ) Reserve for unfunded lending commitments, end of period 83,345 6,060 — 89,405 Total ACL, end of period $ 530,423 $ 3,296,067 $ 46,748 $ 3,873,238 Ending balance, individually evaluated for impairment (1) $ 96,718 $ 1,193,582 $ — $ 1,290,300 Ending balance, collectively evaluated for impairment 350,360 2,096,425 46,748 2,493,533 Financing receivables: Ending balance $ 42,122,566 $ 50,373,189 $ — $ 92,495,755 Ending balance, evaluated under the FVO or lower of cost or fair value 89,852 2,524,419 — 2,614,271 Ending balance, individually evaluated for impairment (1) 446,210 4,958,591 — 5,404,801 Ending balance, collectively evaluated for impairment 41,586,504 42,890,179 — 84,476,683 (1) Consists of loans in troubled debt restructuring ("TDR") status. NOTE 4. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Three-Month Period Ended June 30, 2018 (in thousands) Commercial Consumer Unallocated Total ALLL, beginning of period $ 462,074 $ 3,475,279 $ 47,023 $ 3,984,376 Provision for loan and lease losses (33,213 ) 469,909 — 436,696 Charge-offs (16,665 ) (1,043,513 ) — (1,060,178 ) Recoveries 14,624 613,358 — 627,982 Charge-offs, net of recoveries (2,041 ) (430,155 ) — (432,196 ) ALLL, end of period $ 426,820 $ 3,515,033 $ 47,023 $ 3,988,876 Reserve for unfunded lending commitments, beginning of period $ 89,542 $ 323 $ — $ 89,865 (Release of) / Provision for unfunded lending commitments (2,885 ) (8 ) — (2,893 ) Reserve for unfunded lending commitments, end of period 86,657 315 — 86,972 Total ACL, end of period $ 513,477 $ 3,515,348 $ 47,023 $ 4,075,848 Six-Month Period Ended June 30, 2018 (in thousands) Commercial Consumer Unallocated Total ALLL, beginning of period $ 443,796 $ 3,504,068 $ 47,023 $ 3,994,887 Provision for loan and lease losses 8,021 1,001,801 — 1,009,822 Charge-offs (49,625 ) (2,265,940 ) — (2,315,565 ) Recoveries 24,628 1,275,104 — 1,299,732 Charge-offs, net of recoveries (24,997 ) (990,836 ) — (1,015,833 ) ALLL, end of period $ 426,820 $ 3,515,033 $ 47,023 $ 3,988,876 Reserve for unfunded lending commitments, beginning of period $ 108,805 $ 306 $ — $ 109,111 Release of unfunded lending commitments (22,148 ) 9 — (22,139 ) Reserve for unfunded lending commitments, end of period 86,657 315 — 86,972 Total ACL, end of period $ 513,477 $ 3,515,348 $ 47,023 $ 4,075,848 Ending balance, individually evaluated for impairment (1) $ 83,148 $ 1,702,029 $ — $ 1,785,177 Ending balance, collectively evaluated for impairment 343,672 1,813,004 47,023 2,203,699 Financing receivables: Ending balance $ 39,605,333 $ 45,229,907 $ — $ 84,835,240 Ending balance, evaluated under the FVO or lower of cost or fair value 65,528 1,521,803 — 1,587,331 Ending balance, individually evaluated for impairment (1) 509,693 6,496,582 — 7,006,275 Ending balance, collectively evaluated for impairment 39,030,112 37,211,522 — 76,241,634 (1) Consists of loans in TDR status. NOTE 4. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) The following table presents the activity in the allowance for loan losses for RICs acquired in the Change in Control and those originated by SC subsequent to the Change in Control. Three-Month Period Ended Six-Month Period Ended June 30, 2019 June 30, 2019 (in thousands) Purchased Originated Total Purchased Originated Total ALLL, beginning of period $ 151,879 $ 2,970,450 $ 3,122,329 $ 193,742 $ 2,992,576 $ 3,186,318 (Release of) / Provision for loan and lease losses (24,476 ) 446,685 422,209 (48,560 ) 1,016,615 968,055 Other (1) — (20,395 ) (20,395 ) — (20,395 ) (20,395 ) Charge-offs (34,950 ) (1,122,101 ) (1,157,051 ) (86,262 ) (2,454,006 ) (2,540,268 ) Recoveries 25,587 672,318 697,905 59,120 1,412,167 1,471,287 Charge-offs, net of recoveries (9,363 ) (449,783 ) (459,146 ) (27,142 ) (1,041,839 ) (1,068,981 ) ALLL, end of period $ 118,040 $ 2,946,957 $ 3,064,997 $ 118,040 $ 2,946,957 $ 3,064,997 Three-Month Period Ended Six-Month Period Ended June 30, 2018 June 30, 2018 (in thousands) Purchased Originated Total Purchased Originated Total ALLL, beginning of period $ 322,726 $ 2,913,807 $ 3,236,533 $ 384,167 $ 2,862,356 $ 3,246,523 (Release of) / Provision for loan and lease losses (30,031 ) 451,402 421,371 (45,861 ) 989,908 944,047 Charge-offs (76,265 ) (928,741 ) (1,005,006 ) (181,775 ) (2,010,747 ) (2,192,522 ) Recoveries 49,791 556,887 606,678 109,690 1,151,838 1,261,528 Charge-offs, net of recoveries (26,474 ) (371,854 ) (398,328 ) (72,085 ) (858,909 ) (930,994 ) ALLL, end of period $ 266,221 $ 2,993,355 $ 3,259,576 $ 266,221 $ 2,993,355 $ 3,259,576 (1) Includes loans transferred to held for sale. Non-accrual loans by Class of Financing Receivable The recorded investment in non-accrual loans disaggregated by class of financing receivables and other non-performing assets is summarized as follows: (in thousands) June 30, 2019 December 31, 2018 Non-accrual loans: Commercial: CRE $ 80,089 $ 88,500 C&I 181,926 189,827 Multifamily 3,372 13,530 Other commercial 93,379 72,841 Total commercial loans 358,766 364,698 Consumer: Residential mortgages 199,861 216,815 Home equity loans and lines of credit 110,266 115,813 RICs and auto loans - originated 1,368,425 1,455,406 RICs - purchased 45,638 89,916 Personal unsecured loans 3,251 3,602 Other consumer 8,288 9,187 Total consumer loans 1,735,729 1,890,739 Total non-accrual loans 2,094,495 2,255,437 Other real estate owned ("OREO") 91,802 107,868 Repossessed vehicles 203,135 224,046 Foreclosed and other repossessed assets 2,849 1,844 Total OREO and other repossessed assets 297,786 333,758 Total non-performing assets $ 2,392,281 $ 2,589,195 NOTE 4. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Age Analysis of Past Due Loans The Company generally considers an account delinquent when an obligor fails to pay substantially all (defined as 90% ) of the scheduled payment by the due date. The age of recorded investments in past due loans and accruing loans 90 days or greater past due disaggregated by class of financing receivables is summarized as follows: As of: June 30, 2019 (in thousands) 30-89 90 Total Current Total Recorded Investment Commercial: CRE (1) $ 24,548 $ 43,378 $ 67,926 $ 8,551,349 $ 8,619,275 $ — C&I (2) 45,699 61,930 107,629 16,984,155 17,091,784 — Multifamily 1,058 629 1,687 8,513,353 8,515,040 — Other commercial 70,147 8,886 79,033 7,817,434 7,896,467 1,896 Consumer: Residential mortgages (3) 189,165 155,835 345,000 9,683,911 10,028,911 — Home equity loans and lines of credit 47,581 74,185 121,766 5,069,295 5,191,061 — RICs and auto loans - originated (4) 3,745,466 322,878 4,068,344 27,839,077 31,907,421 — RICs and auto loans - purchased 142,148 10,533 152,681 322,869 475,550 — Personal unsecured loans (5) 92,939 91,002 183,941 2,214,078 2,398,019 87,415 Other consumer 10,825 11,133 21,958 350,269 372,227 — Total $ 4,369,576 $ 780,389 $ 5,149,965 $ 87,345,790 $ 92,495,755 $ 89,311 (1) CRE includes of $8.2 million of LHFS at June 30, 2019 . (2) C&I loans includes $81.6 million of LHFS at June 30, 2019 . (3) Residential mortgages includes $1.2 billion of LHFS at June 30, 2019 . (4) RIC and auto loans includes $293.6 million of LHFS at June 30, 2019 . (5) Personal unsecured loans includes $1.0 billion of LHFS at June 30, 2019 . As of December 31, 2018 (in thousands) 30-89 90 Total Current Total Recorded Commercial: CRE $ 20,179 $ 49,317 $ 69,496 $ 8,634,985 $ 8,704,481 $ — C&I 61,495 74,210 135,705 15,602,453 15,738,158 — Multifamily 1,078 4,574 5,652 8,303,463 8,309,115 — Other commercial 16,081 5,330 21,411 7,608,593 7,630,004 6 Consumer: Residential mortgages (1) 186,222 171,265 357,487 9,741,496 10,098,983 — Home equity loans and lines of credit 58,507 79,860 138,367 5,327,303 5,465,670 — RICs and auto loans - originated 4,076,015 419,819 4,495,834 24,036,251 28,532,085 — RICs and auto loans - purchased 242,604 21,923 264,527 538,608 803,135 — Personal unsecured loans (2) 93,675 102,463 196,138 2,404,327 2,600,465 98,973 Other consumer 16,261 13,782 30,043 417,007 447,050 — Total $ 4,772,117 $ 942,543 $ 5,714,660 $ 82,614,486 $ 88,329,146 $ 98,979 (1) Residential mortgages included $214.5 million of LHFS at December 31, 2018 . (2) Personal unsecured loans included $1.1 billion of LHFS at December 31, 2018 . NOTE 4. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Impaired Loans by Class of Financing Receivable Impaired loans are generally defined as all TDRs plus commercial non-accrual loans in excess of $1.0 million . Impaired loans disaggregated by class of financing receivables are summarized as follows: June 30, 2019 (in thousands) Recorded Investment (1) UPB Related Average With no related allowance recorded: Commercial: CRE $ 68,994 $ 74,251 $ — $ 74,025 C&I 38,893 49,604 — 32,376 Multifamily 8,222 9,120 — 13,241 Other commercial 11,032 11,067 — 9,190 Consumer: Residential mortgages 132,235 186,597 — 138,567 Home equity loans and lines of credit 41,075 43,270 — 43,572 RICs and auto loans - originated — — — 1 RICs and auto loans - purchased 4,418 5,676 — 5,740 Personal unsecured loans 4 4 — 4 Other consumer 2,989 2,989 — 3,290 With an allowance recorded: Commercial: CRE 49,815 58,800 8,764 54,338 C&I 179,125 218,243 63,754 179,652 Other commercial 77,255 77,255 24,200 68,585 Consumer: Residential mortgages 253,202 290,093 27,499 253,584 Home equity loans and lines of credit 66,288 77,299 3,996 63,414 RICs and auto loans - originated 4,040,418 4,048,921 1,039,966 4,335,516 RICs and auto loans - purchased 396,631 448,257 114,936 505,351 Personal unsecured loans 15,510 15,748 4,707 15,846 Other consumer 10,238 13,335 2,478 10,149 Total: Commercial $ 433,336 $ 498,340 $ 96,718 $ 431,407 Consumer 4,963,008 5,132,189 1,193,582 5,375,034 Total $ 5,396,344 $ 5,630,529 $ 1,290,300 $ 5,806,441 (1) Recorded investment includes deferred loan fees, net of deferred origination costs and unamortized purchase premiums, net of discounts, as well as purchase accounting adjustments. NOTE 4. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) The Company recognized interest income, not including the impact of purchase accounting adjustments, of $363.7 million for the six-month period ended June 30, 2019 on approximately $4.3 billion of TDRs that were in performing status as of June 30, 2019 . December 31, 2018 (in thousands) Recorded Investment (1) UPB Related Average With no related allowance recorded: Commercial: CRE $ 79,056 $ 88,960 $ — $ 102,731 C&I 25,859 36,067 — 54,200 Multifamily 18,260 19,175 — 14,074 Other commercial 7,348 7,380 — 4,058 Consumer: Residential mortgages 144,899 201,905 — 126,110 Home equity loans and lines of credit 46,069 48,021 — 49,233 RICs and auto loans - originated 1 1 — 1 RICs and auto loans - purchased 7,061 9,071 — 11,627 Personal unsecured loans 4 4 — 42 Other consumer 3,591 3,591 — 6,574 With an allowance recorded: Commercial: CRE 58,861 66,645 6,449 78,271 C&I 180,178 197,937 66,329 178,474 Multifamily — — — 3,101 Other commercial 59,914 59,914 21,342 68,813 Consumer: Residential mortgages 253,965 289,447 29,156 288,029 Home equity loans and lines of credit 60,540 71,475 4,272 62,684 RICs and auto loans - originated 4,630,614 4,652,013 1,231,164 4,742,820 RICs and auto loans - purchased 614,071 694,000 184,545 890,274 Personal unsecured loans 16,182 16,446 6,875 16,330 Other consumer 10,060 13,275 1,162 10,826 Total: Commercial $ 429,476 $ 476,078 $ 94,120 $ 503,722 Consumer 5,787,057 5,999,249 1,457,174 6,204,550 Total $ 6,216,533 $ 6,475,327 $ 1,551,294 $ 6,708,272 (1) Recorded investment includes deferred loan fees, net of deferred origination costs and unamortized purchase premiums, net of discounts, as well as purchase accounting adjustments. The Company recognized interest income, not including the impact of purchase accounting adjustments, of $761.0 million for the year ended December 31, 2018 on approximately $5.0 billion of TDRs that were in performing status as of December 31, 2018 . Commercial Lending Asset Quality Indicators The Company's Risk Department performs a credit analysis and classifies certain loans over an internal threshold based on the commercial lending classifications described below: PASS. Asset is well-protected by the current net worth and paying capacity of the obligor or guarantors, if any, or by the fair value less costs to acquire and sell any underlying collateral in a timely manner. SPECIAL MENTION. Asset has potential weaknesses that deserve management’s close attention, which, if left uncorrected, may result in deterioration of the repayment prospects for an asset at some future date. Special mention assets are not adversely classified. NOTE 4. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) SUBSTANDARD. Asset is inadequately protected by the current net worth and paying capacity of the obligor or by the collateral pledged, if any. A well-defined weakness or weaknesses exist that jeopardize the liquidation of the debt. The loans are characterized by the distinct possibility that the Company will sustain some loss if deficiencies are not corrected. DOUBTFUL. Exhibits the inherent weaknesses of a substandard credit. Additional characteristics exist that make collection or liquidation in full highly questionable and improbable, on the basis of currently known facts, conditions and values. Possibility of loss is extremely high, but because of certain important and reasonable specific pending factors which may work to the advantage and strengthening of the credit, an estimated loss cannot yet be determined. LOSS. Credit is considered uncollectible and of such little value that it does not warrant consideration as an active asset. There may be some recovery or salvage value, but there is doubt as to whether, how much or when the recovery would occur. Commercial loan credit quality indicators by class of financing receivables are summarized as follows: June 30, 2019 CRE C&I Multifamily Remaining Total (1) (in thousands) Rating: Pass $ 7,583,924 $ 15,272,683 $ 8,273,815 $ 7,513,793 $ 38,644,215 Special mention 561,262 795,397 220,934 255,141 1,832,734 Substandard 422,429 379,865 20,291 65,504 888,089 Doubtful 8,914 62,499 — 62,029 133,442 N/A (2) 42,746 581,340 — — 624,086 Total commercial loans $ 8,619,275 $ 17,091,784 $ 8,515,040 $ 7,896,467 $ 42,122,566 (1) Financing receivables include LHFS. (2) Consists of loans that have not been assigned a regulatory rating. December 31, 2018 CRE C&I Multifamily Remaining Total (1) (in thousands) Rating: Pass $ 7,655,627 $ 14,003,134 $ 8,072,407 $ 7,466,419 $ 37,197,587 Special mention 628,097 772,704 204,262 67,313 1,672,376 Substandard 373,356 408,515 32,446 36,255 850,572 Doubtful 4,655 38,373 — 60,017 103,045 N/A (2) 42,746 515,432 — — 558,178 Total commercial loans $ 8,704,481 $ 15,738,158 $ 8,309,115 $ 7,630,004 $ 40,381,758 (1) Financing receivables include LHFS. (2) Consists of loans that have not been assigned a regulatory rating. Consumer Lending Asset Quality Indicators-Credit Score Consumer financing receivables for which either an internal or external credit score is a core component of the allowance model are summarized by credit score as follows: Credit Score Range (2) June 30, 2019 December 31, 2018 (dollars in thousands) RICs and auto loans Percent RICs and auto loans Percent No FICO ®(1) $ 3,206,105 9.9 % $ 3,136,449 10.7 % <600 15,333,280 47.8 % 14,884,385 50.7 % 600-639 5,700,553 17.8 % 5,185,412 17.7 % 640-679 5,093,132 15.9 % 4,758,394 16.2 % 680-719 595,315 1.9 % 289,270 1.0 % 720-759 591,713 1.8 % 283,052 1.0 % >=760 1,569,283 4.9 % 798,258 2.7 % Total $ 32,089,381 100.0 % $ 29,335,220 100.0 % (1) Consists primarily of loans for which credit scores are not considered in the ALLL model. (2) Credit scores updated quarterly. NOTE 4. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Consumer Lending Asset Quality Indicators-FICO and LTV Ratio For both residential and home equity loans, loss severity assumptions are incorporated in the loan and lease loss reserve models to estimate loan balances that will ultimately charge off. These assumptions are based on recent loss experience within various current LTV bands within these portfolios. LTVs are refreshed quarterly by applying Federal Housing Finance Agency Home price index changes at a state-by-state level to the last known appraised value of the property to estimate the current LTV. The Company's ALLL incorporates the refreshed LTV information to update the distribution of defaulted loans by LTV as well as the associated loss given default for each LTV band. Reappraisals on a recurring basis at the individual property level are not considered cost-effective or necessary; however, reappraisals are performed on certain higher risk accounts to support line management activities, default servicing decisions, or when other situations arise for which the Company believes the additional expense is warranted. Residential mortgage and home equity financing receivables by LTV and FICO range are summarized as follows: Residential Mortgages (1)(3) June 30, 2019 N/A (2) LTV<=70% 70.01-80% 80.01-90% 90.01-100% 100.01-110% LTV>110% Grand Total FICO Score (dollars in thousands) N/A (2) $ 167,858 $ 2,751 $ — $ — $ 132 $ — $ — $ 170,741 <600 38 206,466 47,271 34,358 23,982 942 3,961 317,018 600-639 — 142,130 42,800 35,911 36,620 1,296 1,410 260,167 640-679 118 276,927 93,563 73,156 88,659 3,267 1,137 536,827 680-719 97 522,166 224,343 119,674 148,100 1,719 4,824 1,020,923 720-759 29 973,173 422,704 199,259 185,078 2,210 3,748 1,786,201 >=760 802 3,230,464 1,019,055 327,112 175,625 5,604 6,506 4,765,168 Grand Total $ 168,942 $ 5,354,077 $ 1,849,736 $ 789,470 $ 658,196 $ 15,038 $ 21,586 $ 8,857,045 (1) Excludes LHFS. (2) Residential mortgages and home equity loans and lines of credit in the "N/A" range for LTV or FICO score primarily represent the balance on loans serviced by others, in run-off portfolios or for which a current LTV or FICO score is unavailable. (3) Allowance model considers LTV for financing receivables in first lien position for the Company and combined LTV ("CLTV") for financing receivables in second lien position for the Company. Home Equity Loans and Lines of Credit (2) June 30, 2019 N/A (1) LTV<=70% 70.01-90% 90.01-110% LTV>110% Grand Total FICO Score (dollars in thousands) N/A (1) $ 130,346 $ 1,074 $ 932 $ — $ — $ 132,352 <600 1,098 214,690 56,161 12,911 5,197 290,057 600-639 94 154,026 44,565 6,113 2,961 207,759 640-679 1,408 295,594 97,328 10,120 5,824 410,274 680-719 786 530,631 189,328 16,608 9,692 747,045 720-759 373 726,414 259,463 16,690 13,049 1,015,989 >=760 2,248 1,808,071 515,371 37,749 24,146 2,387,585 Grand Total $ 136,353 $ 3,730,500 $ 1,163,148 $ 100,191 $ 60,869 $ 5,191,061 (1) Residential mortgages and home equity loans and lines of credit in the "N/A" range for LTV or FICO score primarily represent the balance on loans serviced by others, in run-off portfolios or for which a current LTV or FICO score is unavailable. (2) Allowance model considers LTV for financing receivables in first lien position for the Company and CLTV for financing receivables in second lien position for the Company. Residential Mortgages (1)(3) December 31, 2018 N/A (2) LTV<=70% 70.01-80% 80.01-90% 90.01-100% 100.01-110% LTV>110% Grand Total FICO Score (dollars in thousands) N/A (2) $ 87,808 $ 4,465 $ — $ — $ 423 $ — $ — $ 92,696 <600 69 225,647 54,101 35,625 26,863 2,450 4,604 349,359 600-639 35 157,281 47,712 34,124 37,901 943 1,544 279,540 640-679 — 308,780 112,811 76,512 101,057 1,934 1,767 602,861 680-719 — 560,920 266,877 148,283 175,889 3,630 3,593 1,159,192 720-759 50 1,061,969 535,840 210,046 218,177 4,263 6,704 2,037,049 >=760 213 3,518,916 1,253,733 354,629 220,695 6,477 9,102 5,363,765 Grand Total $ 88,175 $ 5,837,978 $ 2,271,074 $ 859,219 $ 781,005 $ 19,697 $ 27,314 $ 9,884,462 (1) Excludes LHFS. (2) Residential mortgages and home equity loans and lines of credit in the "N/A" range for LTV or FICO score primarily represent the balance on loans serviced by others, in run-off portfolios or for which a current LTV or FICO score is unavailable. (3) Allowance model considers LTV for financing receivables in first lien position for the Company and CLTV for financing receivables in second lien position for the Company. NOTE 4. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Home Equity Loans and Lines of Credit (2) December 31, 2018 N/A (1) LTV<=70% 70.01-90% 90.01-110% LTV>110% Grand Total FICO Score (dollars in thousands) N/A (1) $ 133,436 $ 841 $ 197 $ — $ 5 $ 134,479 <600 1,130 209,536 64,202 14,948 5,988 295,804 600-639 398 166,384 48,543 7,932 2,780 226,037 640-679 919 305,642 112,937 10,311 6,887 436,696 680-719 869 527,374 215,824 17,231 13,482 774,780 720-759 1,139 732,467 292,516 20,812 14,677 1,061,611 >=760 2,280 1,844,830 614,221 46,993 27,939 2,536,263 Grand Total $ 140,171 $ 3,787,074 $ 1,348,440 $ 118,227 $ 71,758 $ 5,465,670 (1) Residential mortgages and home equity loans and lines of credit in the "N/A" range for LTV or FICO score primarily represent the balance on loans serviced by others, in run-off portfolios or for which a current LTV or FICO score is unavailable. (2) Allowance model considers LTV for financing receivables in first lien position for the Company and CLTV for financing receivables in second lien position for the Company. TDR Loans The following table summarizes the Company’s performing and non-performing TDRs at the dates indicated: (in thousands) June 30, 2019 December 31, 2018 Performing $ 4,336,971 $ 5,014,224 Non-performing 752,118 908,128 Total (1) $ 5,089,089 $ 5,922,352 (1) Excludes LHFS. Commercial Loan TDRs All of the Company’s commercial loan modifications are based on the circumstances of the individual customer, including specific customers' complete relationships with the Company. Loan terms are modified to meet each borrower’s particular circumstances at a point in time and may allow for modifications such a

OPERATING LEASE ASSETS, NET

OPERATING LEASE ASSETS, NET	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
OPERATING LEASE ASSETS, NET	OPERATING LEASE ASSETS, NET The Company has operating leases, including leased vehicles and commercial equipment vehicles and aircraft, which are included in the Company's Condensed Consolidated Balance Sheets as Operating lease assets, net. The leased vehicle portfolio consists primarily of leases originated under the Chrysler Agreement. Operating lease assets, net consisted of the following as of June 30, 2019 and December 31, 2018 : (in thousands) June 30, 2019 December 31, 2018 Leased vehicles $ 20,190,000 $ 18,737,338 Less: accumulated depreciation (3,665,402 ) (3,518,025 ) Depreciated net capitalized cost 16,524,598 15,219,313 Origination fees and other costs 80,786 66,967 Manufacturer subvention payments (1,292,015 ) (1,307,424 ) Leased vehicles, net 15,313,369 13,978,856 Commercial equipment vehicles and aircraft, gross 140,276 130,274 Less: accumulated depreciation (35,482 ) (30,337 ) Commercial equipment vehicles and aircraft, net 104,794 99,937 Total operating lease assets, net $ 15,418,163 $ 14,078,793 The following summarizes the future minimum rental payments due to the Company as lessor under operating leases as of June 30, 2019 (in thousands): 2019 $ 1,364,668 2020 2,236,603 2021 1,184,607 2022 206,467 2023 16,944 Thereafter 12,121 Total $ 5,021,410 Lease income for the three-month and six-month periods ended June 30, 2019 was $705.8 million and 1.4 billion , respectively, compared to $569.3 million and $1.1 billion , respectively, for the corresponding periods in 2018 . During the three-month and six-month periods ended June 30, 2019 , the Company recognized $48.5 million and $72.5 million , respectively, of net gains on the sale of operating lease assets that had been returned to the Company at the end of the lease term compared to $65.7 million and $118.9 million for the corresponding periods in 2018 , respectively. These amounts are recorded within Miscellaneous income, net in the Company's Condensed Consolidated Statements of Operations . Lease expense for the three-month and six-month periods ended June 30, 2019 was $513.8 million and $993.1 million , respectively, compared to $436.8 million and $861.1 million respectively, for the corresponding periods in 2018 .

VIEs

VIEs	6 Months Ended
	Jun. 30, 2019
Variable Interest Entity and Securitizations [Abstract]
VIEs	VIEs The Company transfers RICs and vehicle leases into newly formed Trusts that then issue one or more classes of notes payable backed by the collateral. The Company’s continuing involvement with these Trusts is in the form of servicing the assets and, generally, through holding residual interests in the Trusts. The Trusts are considered VIEs under GAAP and the Company may or may not consolidate these VIEs on its Condensed Consolidated Balance Sheets . The collateral borrowings under credit facilities and securitization notes payable of the Company’s consolidated VIEs remain on the Condensed Consolidated Financial Statements . The Company recognizes finance charges, fee income, and provisions for credit losses on the RICs, and leased vehicles and interest expense on the debt. Revolving credit facilities generally also utilize entities that are considered VIEs, which are included on the Condensed Consolidated Balance Sheets . The Company also uses a titling trust to originate and hold its leased vehicles and the associated leases in order to facilitate the pledging of leases to financing facilities or the sale of leases to other parties without incurring the costs and administrative burden of retitling the leased vehicles. This titling trust is considered a VIE. NOTE 6. VIEs (continued) On-balance sheet VIEs The assets of consolidated VIEs that are included in the Company's Condensed Consolidated Financial Statements , presented based upon the legal transfer of the underlying assets in order to reflect legal ownership, and that can be used only to settle obligations of the consolidated VIEs and the liabilities of those entities for which creditors (or beneficial interest holders) do not have recourse to the Company's general credit, were as follows (1) : (in thousands) June 30, 2019 December 31, 2018 Assets Restricted cash $ 1,697,692 $ 1,582,158 Loans (2) 25,240,477 24,098,638 Operating lease assets, net 15,313,369 13,978,855 Various other assets 604,431 685,383 Total Assets $ 42,855,969 $ 40,345,034 Liabilities Notes payable (2) $ 33,289,722 $ 31,949,839 Various other liabilities 99,856 122,010 Total Liabilities $ 33,389,578 $ 32,071,849 (1) Certain amounts shown above are greater than the amounts shown in the corresponding line items in the accompanying Condensed Consolidated Balance Sheets due to intercompany eliminations between the VIEs and other entities consolidated by the Company. For example, for most of its securitizations, the Company retains one or more of the lowest tranches of bonds. Rather than showing investment in bonds as an asset and the associated debt as a liability, these amounts are eliminated in consolidation as required by GAAP. (2) Reflects the impacts of purchase accounting. The Company retains servicing rights for receivables transferred to the Trusts and receives a monthly servicing fee on the outstanding principal balance. Supplemental fees, such as late charges, for servicing the receivables are reflected in Miscellaneous income, net. As of June 30, 2019 and December 31, 2018 , the Company was servicing $28.3 billion and $27.2 billion , respectively, of gross RICs that have been transferred to consolidated Trusts. The remainder of the Company’s RICs remains unpledged. A summary of the cash flows received from the consolidated securitization Trusts for the three-month and six-month periods ended June 30, 2019 and 2018 is as follows: Three-Month Period Six-Month Period Ended June 30, (in thousands) 2019 2018 2019 2018 Assets securitized $ 4,913,261 $ 6,511,953 $ 9,841,723 $ 13,752,897 Net proceeds from new securitizations (1) $ 3,794,437 $ 4,581,874 $ 7,757,055 $ 8,058,196 Net proceeds from sale of retained bonds 99,999 382,022 117,305 593,632 Cash received for servicing fees (2) 289,634 213,900 497,959 429,690 Net distributions from Trusts (2) 1,078,665 780,834 1,671,434 1,325,986 Total cash received from Trusts $ 5,262,735 $ 5,958,630 $ 10,043,753 $ 10,407,504 (1) Includes additional advances on existing securitizations. (2) These amounts are not reflected in the accompanying Consolidated SCF because the cash flows are between the VIEs and other entities included in the consolidation. Off-balance sheet VIEs During the three-month and six-month periods ended June 30, 2019 , the Company sold no RICs to VIEs in off-balance sheet securitizations compared to sales of $1.2 billion for a loss of $3.2 million and $2.6 billion for a loss of $20.1 million during the three-month and six-month periods ended June 30, 2018 , respectively. Beginning in 2017, the transactions were executed under the Company's securitization platforms with Santander. Santander holds eligible vertical interests in notes and certificates of not less than 5% to comply with the DFA's risk retention rules. NOTE 6. VIEs (continued) As of June 30, 2019 and December 31, 2018 , the Company was servicing $3.1 billion and $4.1 billion , respectively, of gross RICs that have been sold in off-balance sheet securitizations and were subject to an optional clean-up call. The portfolio was comprised as follows: (in thousands) June 30, 2019 December 31, 2018 Santander Private Auto Issuing Note ("SPAIN") trust $ 2,776,169 $ 3,461,793 Total serviced for related parties 2,776,169 3,461,793 Chrysler Capital securitizations 369,113 611,050 Total serviced for third parties 369,113 611,050 Total serviced for other portfolio $ 3,145,282 $ 4,072,843 Other than repurchases of sold assets due to standard representations and warranties, the Company has no exposure to loss as a result of its involvement with these VIEs. A summary of the cash flows received from the Trusts for the three-month and six-month periods ended June 30, 2019 and 2018 is as follows: Three-Month Period Six-Month Period Ended June 30, (in thousands) 2019 2018 2019 2018 Receivables securitized (1) $ — $ 1,156,060 $ — $ 2,631,313 Net proceeds from new securitizations $ — $ 1,160,119 $ — $ 2,634,919 Cash received for servicing fees 9,357 12,616 19,608 20,694 Total cash received from Trusts $ 9,357 $ 1,172,735 $ 19,608 $ 2,655,613 (1) Represents the UPB at the time of original securitization.

GOODWILL AND OTHER INTANGIBLES

GOODWILL AND OTHER INTANGIBLES	6 Months Ended
	Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLES	GOODWILL AND OTHER INTANGIBLES Goodwill Goodwill is assigned to reporting units, which are operating segments or one level below an operating segment, as of the acquisition date. The following table presents the Company's goodwill by its reporting units at June 30, 2019 : (in thousands) Consumer and Business Banking C&I (1) CRE and Vehicle Finance CIB SC Total Goodwill at December 31, 2018 $ 1,880,304 $ 1,412,995 $ — $ 131,130 $ 1,019,960 $ 4,444,389 Re-allocations during the period — (1,095,071 ) 1,095,071 — — — Goodwill at June 30, 2019 $ 1,880,304 $ 317,924 $ 1,095,071 $ 131,130 $ 1,019,960 $ 4,444,389 (1) Formerly Commercial Banking. The Company made a change in its reportable segments beginning January 1, 2019, and accordingly, has re-allocated goodwill to the related reporting units based on the estimated fair value of each reporting unit. Upon re-allocation, management tested the new reporting units for impairment, using the same methodology and assumptions as used in the October 1, 2018 goodwill impairment test, and noted there was no impairment. See Note 18 for additional details on the change in reportable segments. During first quarter of 2018, the reportable segments (and reporting units) formerly known as Commercial Banking and CRE were combined and presented as Commercial Banking. As a result, goodwill assigned to these former reporting units of $542.6 million and $870.4 million , for Commercial Banking and CRE, respectively, were combined. There were no disposals, additions or impairments of goodwill for the three-month and six-month periods ended June 30, 2019 or June 30, 2018. The Company evaluates goodwill for impairment at the reporting unit level. The Company completes its annual goodwill impairment test as of October 1 each year. The Company conducted its last annual goodwill impairment tests as of October 1, 2018 using generally accepted valuation methods. NOTE 7. GOODWILL AND OTHER INTANGIBLES (continued) Other Intangible Assets The following table details amounts related to the Company's intangible assets subject to amortization for the dates indicated. June 30, 2019 December 31, 2018 (in thousands) Net Carrying Amount Accumulated Amortization Net Carrying Amount Accumulated Amortization Intangibles subject to amortization: Dealer networks $ 367,590 $ (212,411 ) $ 387,196 $ (192,804 ) Chrysler relationship 57,500 (81,250 ) 65,000 (73,750 ) Trade name 14,100 (3,900 ) 14,700 (3,300 ) Other intangibles 6,497 (48,692 ) 8,297 (46,894 ) Total intangibles subject to amortization $ 445,687 $ (346,253 ) $ 475,193 $ (316,748 ) At June 30, 2019 and December 31, 2018 , the Company did no t have any intangibles, other than goodwill, that were not subject to amortization. Amortization expense on intangible assets was $14.7 million and $29.5 million for the three-month and six-month periods ended June 30, 2019 , respectively, and $15.3 million and $30.6 million for the three-month and six-month periods ended 2018 , respectively. The estimated aggregate amortization expense related to intangibles, excluding any impairment charges, for each of the five succeeding calendar years ending December 31 is: Year Calendar Year Amount Recorded To Date Remaining Amount To Record (in thousands) 2019 $ 58,992 $ 29,508 $ 29,484 2020 58,657 — 58,657 2021 39,903 — 39,903 2022 39,901 — 39,901 2023 28,649 — 28,649 Thereafter 249,093 — 249,093

OTHER ASSETS

OTHER ASSETS	6 Months Ended
	Jun. 30, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
OTHER ASSETS	OTHER ASSETS The following is a detail of items that comprised other assets at June 30, 2019 and December 31, 2018 : (in thousands) June 30, 2019 December 31, 2018 Operating lease ROU assets $ 675,682 $ — Deferred tax assets 532,593 625,087 Accrued interest receivable 553,581 566,602 Derivative assets at fair value 576,625 511,916 Other repossessed assets 205,984 225,890 Equity method investments 216,387 204,687 MSRs 132,018 152,121 OREO 91,802 107,868 Miscellaneous assets, receivables and prepaid expenses 2,035,929 1,259,165 Total other assets $ 5,020,601 $ 3,653,336 NOTE 8. OTHER ASSETS (continued) Other assets is comprised of: • Operating lease ROU assets We have operating leases for real estate and non-real estate assets. Real estate leases relate to office space and bank/lending retail branches. Non-real estate leases include data centers, automated teller machines ("ATMs"), vehicles and certain equipment leases. Leases with an initial term of 12 months or less are not recorded on the balance sheet; we recognize lease expense for these leases on a straight-line basis over the lease term. Some lease payments may vary based on changes in the Consumer Price Index. The Company generally uses the contractual lease terms to allocate lease and non-lease components. Real estate leases may include one or more options to renew, with renewal terms that can extend the lease term from one to five years or more. The exercise of lease renewal options is at our sole discretion. The Company includes a renewal option period in the lease term if it is reasonably certain that it will exercise such option. Certain leases also include options to purchase the leased property. The depreciable life of assets and leasehold improvements are limited by the expected lease term, unless there is a transfer of title or purchase option reasonably certain of exercise. ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Operating lease ROU assets and lease liabilities are recognized based on the present value of lease payments over the lease term, using our incremental borrowing rates. At June 30, 2019 , operating lease ROU assets were $675.7 million and operating lease liabilities were $730.8 million . Operating lease ROU assets are included in Other Assets in the Company’s Condensed Consolidated Balance Sheets. Lease liabilities are included in Accrued expenses and payables in the Company’s Condensed Consolidated Balance Sheets. For the three-month and six-month periods ended June 30, 2019 , operating lease expenses were $36.6 million and $74.2 million and sublease income was $1.3 million and $1.9 million , respectively, and are reported within Occupancy and equipment expenses in the Company’s Condensed Consolidated Statements of Operations. Supplemental balance sheet information related to leases was as follows: Maturity of Lease Liabilities at June 30, 2019 Total Operating leases (in thousands) 2019 $ 70,504 2020 136,794 2021 126,511 2022 117,126 2023 102,823 Thereafter 264,521 Total lease liabilities $ 818,279 Less: Interest (87,490 ) Present value of lease liabilities $ 730,789 Operating Lease Term and Discount Rate June 30, 2019 Weighted-average remaining lease term (years) 7 Weighted-average discount rate 3.2 % Other Information June 30, 2019 (in thousands) Operating cash flows from operating leases (1) $ (61,597 ) Leased assets obtained in exchange for new operating lease liabilities $ 717,765 (1) Activity is included within the net change in other liabilities on the Condensed Consolidated SCF. NOTE 8. OTHER ASSETS (continued) • The Company made approximately $1.9 million in payments during the six months ending June 30, 2019 to Santander for rental of certain office space. The related ROU asset and lease liability were approximately $15.2 million on June 30, 2019. • Deferred tax asset, net - Refer to Note 13 of these Condensed Consolidated Financial Statements for more information on tax-related activities. • Derivative assets at fair value - Refer to the offsetting of financial assets table in Note 12 to these Condensed Consolidated Financial Statements for the detail of these amounts. • Equity method investments - The Company makes certain equity investments in various limited partnerships, some of which are considered VIEs, that invest in and lend to qualified community development entities, such as renewable energy investments, through the New Market Tax Credits ("NMTC") and CRA programs. The Company acts only in a limited partner capacity in connection with these partnerships, so the Company has determined that it is not the primary beneficiary of the partnerships because it does not have the power to direct the activities of the partnerships that most significantly impact the partnerships' economic performance. • MSRs - See further discussion on the valuation of the MSRs in Note 14 . • Miscellaneous assets, receivables and prepaid expenses includes $351.3 million and $373.2 million of Income tax receivables and $ 287.1 million and $199.0 million of prepaid expenses at June 30, 2019 and December 31, 2018 , respectively. In addition, subvention receivables in connection with the Chrysler Agreement, investment and capital market receivables, derivatives trading receivables, and unapplied payments are also included in miscellaneous assets. In connection with SC's execution of the sixth amendment to the Chrysler Agreement in June 2019 , SC paid a $60 million upfront fee to FCA. This fee is being amortized into Other expenses over the remaining term of the Chrysler Agreement. The 2019 increase was also due to increases in subvention receivables, investment principal receivable and due from others related to broker-dealer activities.

DEPOSITS AND OTHER CUSTOMER ACC

DEPOSITS AND OTHER CUSTOMER ACCOUNTS	6 Months Ended
	Jun. 30, 2019
Deposits [Abstract]
DEPOSITS AND OTHER CUSTOMER ACCOUNTS	DEPOSITS AND OTHER CUSTOMER ACCOUNTS Deposits and other customer accounts are summarized as follows: June 30, 2019 December 31, 2018 (dollars in thousands) Balance Percent of total deposits Balance Percent of total deposits Interest-bearing demand deposits $ 10,328,504 16.2 % $ 8,827,704 14.4 % Non-interest-bearing demand deposits 14,687,583 23.1 % 14,420,450 23.4 % Savings 5,870,605 9.2 % 5,875,787 9.6 % Customer repurchase accounts 418,916 0.7 % 654,843 1.1 % Money market 23,756,860 37.2 % 24,263,929 39.4 % Certificates of deposit ("CDs") 8,657,586 13.6 % 7,468,667 12.1 % Total deposits (1) $ 63,720,054 100.0 % $ 61,511,380 100.0 % (1) Includes foreign deposits, as defined by the FRB, of $9.4 billion and $8.4 billion at June 30, 2019 and December 31, 2018 , respectively. Deposits collateralized by investment securities, loans, and other financial instruments totaled $3.6 billion and $2.7 billion at June 30, 2019 and December 31, 2018 , respectively. Demand deposit overdrafts that have been reclassified as loan balances were $104.4 million and $50.0 million at June 30, 2019 and December 31, 2018 , respectively. At June 30, 2019 and December 31, 2018 , the Company had $2.3 billion and $1.9 billion of CDs greater than $250 thousand.

BORROWINGS

BORROWINGS	6 Months Ended
	Jun. 30, 2019
Debt Disclosure [Abstract]
BORROWINGS	BORROWINGS Total borrowings and other debt obligations at June 30, 2019 were $48.9 billion , compared to $45.0 billion at December 31, 2018 . The Company's debt agreements impose certain limitations on dividends other payments and transactions. The Company is currently in compliance with these limitations. Periodically, as part of the Company's wholesale funding management, it opportunistically repurchases outstanding borrowings in the open market and subsequently retires the obligations. NOTE 10. BORROWINGS (continued) Bank The Bank had no new securities issuances during the three-month and six-month periods ended June 30, 2019 and the year ended December 31, 2018 . During the second quarter of 2019 , the Bank repurchased the following borrowings and other debt obligations: • $27.9 million of its subordinated notes due August 2022. • $21.2 million of its real estate investment trust ("REIT") preferred debt. The Bank did not repurchase any outstanding borrowings in the open market during the year ended December 31, 2018 . SHUSA During the second quarter of 2019 , the Company issued $1.0 billion of 3.50% senior notes due June 2024. During the second quarter of 2019 , the Company also redeemed $178.7 million of its 2.70% senior notes, due May 2019. During 2018 , the Company issued $1.4 billion of debt consisting of: • $427.9 million of its senior floating rate notes. • $1.0 billion of its 4.45% senior notes due 2021. During 2018 , the Company repurchased the following borrowings and other debt obligations: • $244.6 million of its 3.45% senior notes. • $821.3 million of its 2.7% senior notes. • $154.6 million of its Sovereign Cap Trust IX subordinated debentures and common securities. The Company recorded a loss on debt extinguishment related to debt repurchases and early repayments, primarily at the Bank, of $1.1 million for the three-month and six-month periods ended June 30, 2019 . The Company recorded a loss on debt extinguishment related to debt repurchases and early repayments of $1.2 million and $3.4 million for the corresponding periods in 2018 . In July 2019, the Company privately issued $721.0 million of floating rate senior notes due January 2023. Effective July 2019, the Company redeemed its floating rate senior notes, due July 2019 and September 2019. NOTE 10. BORROWINGS (continued) Parent Company and other Subsidiary Borrowings and Debt Obligations The following table presents information regarding the Parent Company and its subsidiaries' borrowings and other debt obligations at the dates indicated: June 30, 2019 December 31, 2018 (dollars in thousands) Balance Effective Rate Balance Effective Rate Parent Company 2.70% senior notes, due May 2019 $ — — % $ 178,628 2.82 % 2.65% senior notes, due April 2020 998,670 2.82 % 997,848 2.82 % 4.45% senior notes, due December 2021 996,183 4.61 % 995,540 4.61 % 3.70% senior notes, due March 2022 1,440,075 3.74 % 1,440,063 3.74 % 3.40% senior notes, due January 2023 995,432 3.54 % 994,831 3.54 % 3.50% senior notes, due June 2024 995,441 3.60 % — — % 4.50% senior notes, due July 2025 1,096,234 4.56 % 1,095,966 4.56 % 4.40% senior notes, due July 2027 1,049,806 4.40 % 1,049,799 4.40 % Senior notes, due July 2019 (1) 388,736 3.69 % 388,717 3.22 % Senior notes, due September 2019 (1) 370,955 3.66 % 370,936 3.18 % Senior notes, due January 2020 (1) 302,630 3.69 % 302,619 3.22 % Senior notes, due September 2020 (2) 108,845 3.55 % 108,888 3.17 % Senior notes, due June 2022 (1) 427,872 3.70 % 427,850 3.38 % Subsidiaries 2.00% subordinated debt, maturing through 2042 41,026 2.00 % 40,703 2.00 % Short-term borrowing, due within one year, maturing July 2019 22,000 2.35 % 44,000 2.40 % Short-term borrowing, due within one year, maturing July 2019 9,856 0.38 % 15,900 0.38 % Total Parent Company and subsidiaries' borrowings and other debt obligations $ 9,243,761 3.84 % $ 8,452,288 3.76 % (1) These notes bear interest at a rate equal to the three-month London Interbank Offered Rate (“LIBOR") plus 100 basis points per annum. (2) This note will bear interest at a rate equal to the three-month LIBOR plus 105 basis points per annum. Bank Borrowings and Debt Obligations The following table presents information regarding the Bank's borrowings and other debt obligations at the dates indicated: June 30, 2019 December 31, 2018 (dollars in thousands) Balance Effective Rate Balance Effective Rate Subordinated term loan, due February 2019 $ — — % $ 99,402 8.20 % FHLB advances, maturing through September 2021 6,775,000 2.75 % 4,850,000 2.74 % Real estate investment trust ("REIT") preferred, callable May 2020 125,311 13.08 % 145,590 13.22 % Subordinated term loan, due August 2022 — — % 26,770 9.95 % Total Bank borrowings and other debt obligations $ 6,900,311 2.94 % $ 5,121,762 3.18 % The Bank had outstanding irrevocable letters of credit totaling $769.3 million from the FHLB of Pittsburgh at June 30, 2019 , used to secure uninsured deposits placed with the Bank by state and local governments and their political subdivisions. NOTE 10. BORROWINGS (continued) Revolving Credit Facilities The following tables present information regarding SC's credit facilities as of June 30, 2019 and December 31, 2018 , respectively: June 30, 2019 (dollars in thousands) Balance Committed Amount Effective Rate Assets Pledged Restricted Cash Pledged Warehouse line, due March 2021 $ 1,061,345 $ 1,250,000 3.66 % $ 1,552,733 $ — Warehouse line, due November 2020 315,720 500,000 3.28 % 349,564 486 Warehouse line, due August 2020 (1) 2,966,543 4,400,000 3.73 % 4,080,313 3,849 Warehouse line, due October 2020 881,577 2,050,000 4.38 % 1,203,771 46 Warehouse line, due June 2021 186,983 500,000 4.04 % 267,358 — Warehouse line, due November 2020 585,400 1,000,000 3.76 % 922,796 — Warehouse line, due June 2021 90,900 350,000 5.66 % 101,504 239 Repurchase facility, due September 2019 (2) 330,062 330,062 3.80 % 452,740 — Repurchase facility, due July 2019 (2) 95,633 95,633 3.04 % 153,680 — Total SC revolving credit facilities $ 6,514,163 $ 10,475,695 3.81 % $ 9,084,459 $ 4,620 (1) This line is held exclusively for financing of Chrysler Capital leases. (2) The repurchase facilities are collateralized by securitization notes payable retained by SC. As the borrower, SC is exposed to liquidity risk due to changes in the market value of retained securities pledged. In some instances, SC places or receives cash collateral with counterparties under collateral arrangements associated with SC's repurchase agreements. The maturity date for the repurchase facility trade that expires in July 2019, was extended to October 2019. December 31, 2018 (dollars in thousands) Balance Committed Amount Effective Assets Pledged Restricted Cash Pledged Warehouse line, maturing on various dates $ 314,845 $ 1,250,000 4.83 % $ 458,390 $ — Warehouse line, due November 2020 317,020 500,000 3.53 % 359,214 525 Warehouse line, due August 2020 (1) 2,154,243 4,400,000 3.79 % 2,859,113 4,831 Warehouse line, due October 2020 242,377 2,050,000 5.94 % 345,599 120 Warehouse line, due August 2019 53,584 500,000 8.34 % 78,790 — Warehouse line, due November 2020 1,000,000 1,000,000 3.32 % 1,430,524 6 Warehouse line, due October 2019 97,200 350,000 4.35 % 108,418 328 Repurchase facility, due April 2019 (2) 167,118 167,118 3.84 % 235,540 — Repurchase facility, due March 2019 (2) 131,827 131,827 3.54 % 166,308 — Total SC revolving credit facilities $ 4,478,214 $ 10,348,945 3.91 % $ 6,041,896 $ 5,810 (1), (2) See corresponding footnotes to the June 30, 2019 credit facilities table above. The warehouse lines and repurchase facilities are fully collateralized by a designated portion of the Company's RICs, leased vehicles, securitization notes payable and residuals retained by the Company. NOTE 10. BORROWINGS (continued) Secured Structured Financings The following tables present information regarding SC's secured structured financings as of June 30, 2019 and December 31, 2018 , respectively: June 30, 2019 (dollars in thousands) Balance Initial Note Amounts Issued (3) Initial Weighted Average Interest Rate Range Collateral (2) Restricted Cash SC public securitizations, maturing on various dates between April 2021 and October 2026 (1) $ 19,094,235 $ 44,331,242 1.33% - 3.42% $ 24,972,094 $ 1,673,929 SC privately issued amortizing notes, maturing on various dates between July 2019 and September 2024 7,154,282 11,406,822 0.88% - 3.53% 10,529,218 19,231 Total SC secured structured financings $ 26,248,517 $ 55,738,064 0.88% - 3.53% $ 35,501,312 $ 1,693,160 (1) Securitizations executed under Rule 144A of the Securities Act of 1933, as amended (the "Securities Act"), are included within this balance. (2) Secured structured financings may be collateralized by SC's collateral overages of other issuances. (3) Excludes securitizations which no longer have outstanding debt and excludes any incremental borrowings. December 31, 2018 (dollars in thousands) Balance Initial Note Amounts Issued Initial Weighted Average Interest Rate Range Collateral Restricted Cash SC public securitizations, maturing on various dates between April 2021 and October 2026 $ 19,225,169 $ 41,380,952 1.16% - 3.53% $ 24,912,904 $ 1,541,714 SC privately issued amortizing notes, maturing on various dates between July 2019 and September 2024 7,676,351 11,305,368 0.88% - 3.17% 10,383,266 35,201 Total SC secured structured financings $ 26,901,520 $ 52,686,320 0.88% - 3.53% $ 35,296,170 $ 1,576,915 Most of SC's secured structured financings are in the form of public, SEC-registered securitizations. SC also executes private securitizations under Rule 144A of the Securities Act, and periodically issues private term amortizing notes, which are structured similarly to securitizations but are acquired by banks and conduits. SC's securitizations and private issuances are collateralized by RICs or vehicle leases. As of June 30, 2019 and December 31, 2018 , SC had private issuances of notes backed by vehicle leases outstanding totaling $8.3 billion and $7.8 billion , respectively.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME / (LOSS)	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME / (LOSS)	ACCUMULATED OTHER COMPREHENSIVE INCOME / (LOSS) The following table presents the components of accumulated other comprehensive income/(loss), net of related tax, for the three-month and six-month periods ended June 30, 2019 and 2018 , respectively. Total Other Total Accumulated Three-Month Period Ended June 30, 2019 March 31, 2019 June 30, 2019 (in thousands) Pretax Tax Net Activity Beginning Net Ending Change in accumulated OCI on cash flow hedge derivative financial instruments $ 15,761 $ (10,969 ) $ 4,792 Reclassification adjustment for net (gains) on cash flow hedge derivative financial instruments (1) (5,058 ) 1,399 (3,659 ) Net unrealized gains on cash flow hedge derivative financial instruments 10,703 (9,570 ) 1,133 $ (12,809 ) $ 1,133 $ (11,676 ) Change in unrealized gains on investments in debt securities AFS 152,353 (37,266 ) 115,087 Reclassification adjustment for (gains) included in net income/(expense) on non-OTTI securities (2) (2,379 ) 582 (1,797 ) Net unrealized gains on investments in debt securities AFS 149,974 (36,684 ) 113,290 (154,263 ) 113,290 (40,973 ) Pension and post-retirement actuarial gain (3) 6,274 (183 ) 6,091 (49,961 ) 6,091 (43,870 ) As of June 30, 2019 $ 166,951 $ (46,437 ) $ 120,514 $ (217,033 ) $ 120,514 $ (96,519 ) Total Other Total Accumulated Six-Month Period Ended June 30, 2019 December 31, 2018 June 30, 2019 (in thousands) Pretax Tax Net Activity Beginning Net Ending Change in accumulated OCI on cash flow hedge derivative financial instruments $ 26,163 $ (12,971 ) $ 13,192 Reclassification adjustment for net (gains) on cash flow hedge derivative financial instruments (1) (7,181 ) 2,126 (5,055 ) Net unrealized gains on cash flow hedge derivative financial instruments 18,982 (10,845 ) 8,137 $ (19,813 ) $ 8,137 $ (11,676 ) Change in unrealized gains on investments in debt securities 273,730 (68,652 ) 205,078 Reclassification adjustment for net (gains) included in net income/(expense) on non-OTTI securities (2) (379 ) 95 (284 ) Net unrealized gains on investments in debt securities 273,351 (68,557 ) 204,794 (245,767 ) 204,794 (40,973 ) Pension and post-retirement actuarial gain (3) 12,575 (373 ) 12,202 (56,072 ) 12,202 (43,870 ) As of June 30, 2019 $ 304,908 $ (79,775 ) $ 225,133 $ (321,652 ) $ 225,133 $ (96,519 ) (1) Net gains/(losses) reclassified into Interest on borrowings and other debt obligations in the Condensed Consolidated Statements of Operations for settlements of interest rate swap contracts designated as cash flow hedges. (2) Net (gains)/losses reclassified into Net gain on sale of investment securities sales in the Condensed Consolidated Statements of Operations for the sale of AFS securities. (3) Included in the computation of net periodic pension costs. NOTE 11. ACCUMULATED OTHER COMPREHENSIVE INCOME / (LOSS) (continued) Total Other Total Accumulated Three-Month Period Ended June 30, 2018 March 31, 2018 June 30, 2018 (in thousands) Pretax Tax Net Activity Beginning Net Ending Change in accumulated other comprehensive income on cash flow hedge derivative financial instruments $ (21,956 ) $ 6,772 $ (15,184 ) Reclassification adjustment for net losses on cash flow hedge derivative financial instruments (1) 15,332 (4,887 ) 10,445 Net unrealized (losses) on cash flow hedge derivative financial instruments (6,624 ) 1,885 (4,739 ) $ (23,752 ) $ (4,739 ) $ (28,491 ) Change in unrealized (losses) on investment securities AFS (46,198 ) 11,459 (34,739 ) Reclassification adjustment for net (gains) included in net income/(expense) on non-OTTI securities (2) (419 ) 104 (315 ) Net unrealized (losses) on investment securities AFS (46,617 ) 11,563 (35,054 ) (290,522 ) (35,054 ) (325,576 ) Pension and post-retirement actuarial gain (4) 842 (217 ) 625 (56,007 ) 625 (55,382 ) As of June 30, 2018 $ (52,399 ) $ 13,231 $ (39,168 ) $ (370,281 ) $ (39,168 ) $ (409,449 ) Total Other Total Accumulated Six-Month Period Ended June 30, 2018 December 31, 2017 June 30, 2018 (in thousands) Pretax Tax Net Activity Beginning Net Ending Change in accumulated OCI on cash flow hedge derivative financial instruments $ (23,788 ) $ 2,018 $ (21,770 ) Reclassification adjustment for net losses on cash flow hedge derivative financial instruments (1) 13,645 (4,349 ) 9,296 Net unrealized (losses) on cash flow hedge derivative financial instruments (10,143 ) (2,331 ) (12,474 ) $ (6,388 ) $ (12,474 ) Cumulative impact of adoption of new ASUs (4) (9,629 ) Net unrealized (losses) on cash flow hedge derivative financial instruments upon adoption (22,103 ) (28,491 ) Change in unrealized (losses) on investment securities (183,158 ) 22,246 (160,912 ) Reclassification adjustment for net losses included in net income/(expense) on non-OTTI securities (2) 244 (32 ) 212 Net unrealized (losses) on investment securities (182,914 ) 22,214 (160,700 ) (140,498 ) (160,700 ) Cumulative impact of adoption of new ASU (4) (24,378 ) Net unrealized (losses) on investments in debt securities (185,078 ) (325,576 ) Pension and post-retirement actuarial gain (3) 6,771 (5,521 ) 1,250 (51,545 ) 1,250 Cumulative impact of adoption of new ASUs (4) (5,087 ) Pension and post-retirement actuarial gain upon adoption (3,837 ) (55,382 ) As of June 30, 2018 $ (186,286 ) $ 14,362 $ (171,924 ) $ (198,431 ) $ (211,018 ) $ (409,449 ) (1) Net (losses)/gains reclassified into Interest on borrowings and other debt obligations in the Condensed Consolidated Statements of Operations for settlements of interest rate swap contracts designated as cash flow hedges. (2) Net (gains)/losses reclassified into Net gain on sale of investment securities sales in the Condensed Consolidated Statements of Operations for the sale of AFS securities. (3) Included in the computation of net periodic pension costs. (4) Includes impact of OCI reclassified to Retained earnings as a result of the adoption of ASU 2018-02. Refer to Note 1 for further discussion.

DERIVATIVES

DERIVATIVES	6 Months Ended
	Jun. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVES	DERIVATIVES General Derivatives represent contracts between parties that usually require little or no initial net investment and result in one or both parties delivering cash or another type of asset to the other party based on a notional amount and an underlying asset, index, interest rate or future purchase commitment or option as specified in the contract. Derivative transactions are often measured in terms of notional amount, but this amount is generally not exchanged, is not recorded on the balance sheet, and does not represent the Company`s exposure to credit loss. The notional amount is the basis on which the financial obligation of each party to the derivative contract is calculated to determine required payments under the contract. The Company controls the credit risk of its derivative contracts through credit approvals, limits and monitoring procedures. The underlying asset is typically a referenced interest rate (commonly the overnight indexed swap (“OIS") rate or LIBOR), security, credit spread or index. The Company’s capital markets and mortgage banking activities are subject to price risk. The Company employs various tools to measure and manage price risk in its portfolios. In addition, the Board of Directors has established certain limits relative to positions and activities. The level of price risk exposure at any given time depends on the market environment and expectations of future price and market movements and will vary from period to period. See Note 14 for discussion of the valuation methodology for derivative instruments. Credit Risk Contingent Features The Company has entered into certain derivative contracts that require the posting of collateral to counterparties when those contracts are in a net liability position. The amount of collateral to be posted is based on the amount of the net liability and thresholds generally related to the Company's long-term senior unsecured credit ratings. In a limited number of instances, counterparties also have the right to terminate their International Swaps and Derivatives Association, Inc. ("ISDA") Master Agreements if the Company's ratings fall below a specified level, typically investment grade. As of June 30, 2019 , derivatives in this category had a fair value of $1.0 million . The credit ratings of the Company and the Bank are currently considered investment grade. During the second quarter of 2019 , no additional collateral would be required if there were a further 1 - or 2 - notch downgrade by either Standard & Poor's ("S&P") or Moody's Investor Services ("Moody's"). As of June 30, 2019 and December 31, 2018 , the aggregate fair value of all derivative contracts with credit risk contingent features (i.e., those containing collateral posting or termination provisions based on the Company's ratings) that were in a net liability position totaled $8.2 million and $9.5 million , respectively. The Company had $14.9 million and $11.5 million in cash and securities collateral posted to cover those positions as of June 30, 2019 and December 31, 2018 , respectively. Hedge Accounting Management uses derivative instruments designated as hedges to mitigate the impact of interest rate and foreign exchange rate movements on the fair value of certain assets and liabilities and on highly probable forecasted cash flows. These instruments primarily include interest rate swaps that have underlying interest rates based on key benchmark indices. The nature and volume of the derivative instruments used to manage interest rate risk depend on the level and type of assets and liabilities on the balance sheet and the risk management strategies for the current and anticipated interest rate environment. Interest rate swaps are generally used to convert fixed-rate assets and liabilities to variable rate assets and liabilities and vice versa. The Company utilizes interest rate swaps that have a high degree of correlation to the related financial instrument. Cash Flow Hedges The Company has outstanding interest rate swap agreements designed to hedge a portion of the Company’s floating rate assets and liabilities (including its borrowed funds). All of these swaps have been deemed highly effective cash flow hedges. The gain or loss on the derivative instrument is reported as a component of accumulated OCI and reclassified into earnings in the same period or periods during which the hedged transaction affects earnings and is presented in the same Consolidated Statements of Operations line item as the earnings effect of the hedged item. The last of the hedges is scheduled to expire in December 2023 . The Company includes all components of each derivative's gain or loss in the assessment of hedge effectiveness. As of June 30, 2019 , the Company expected $0.8 million of losses recorded in accumulated other comprehensive loss to be reclassified to earnings during the subsequent twelve months as the future cash flows occur. NOTE 12. DERIVATIVES (continued) Derivatives Designated in Hedge Relationships – Notional and Fair Values Derivatives designated as accounting hedges at June 30, 2019 and December 31, 2018 included: (dollars in thousands) Notional Amount Asset Liability Weighted Average Receive Rate Weighted Average Pay Rate Weighted Average Life (Years) June 30, 2019 Cash flow hedges: Pay fixed — receive variable interest rate swaps $ 4,150,000 $ 12,225 $ 41,037 2.35 % 1.79 % 1.60 Pay variable - receive fixed interest rate swaps 4,300,000 1,754 23,454 1.42 % 2.26 % 1.62 Interest rate floor 3,650,000 22,754 46 — % — % 1.65 Total $ 12,100,000 $ 36,733 $ 64,537 1.31 % 1.42 % 1.62 December 31, 2018 Cash flow hedges: Pay fixed — receive variable interest rate swaps $ 4,176,105 $ 44,054 $ 10,503 2.67 % 1.74 % 2.07 Pay variable - receive fixed interest rate swaps 4,000,000 — 89,769 1.41 % 2.40 % 2.02 Interest rate floor 2,000,000 10,932 — 0.04 % — % 1.91 Total $ 10,176,105 $ 54,986 $ 100,272 1.66 % 1.66 % 2.02 Other Derivative Activities The Company also enters into derivatives that are not designated as accounting hedges under GAAP. The majority of these derivatives are customer-related derivatives relating to foreign exchange and lending arrangements, as well as derivatives to hedge interest rate risk on SC's secured structured financings and the borrowings under its revolving credit facilities. SC uses both interest rate swaps and interest rate caps to satisfy these requirements and to hedge the variability of cash flows on securities issued by Trusts and borrowings under its warehouse facilities. In addition, derivatives are used to manage risks related to residential and commercial mortgage banking and investing activities. Although these derivatives are used to hedge risk and are considered economic hedges, they are not designated as accounting hedges because the contracts they are hedging are carried at fair value on the balance sheet, resulting in generally symmetrical accounting treatment for the hedging instrument and the hedged item. Mortgage Banking Derivatives The Company's derivatives portfolio includes mortgage banking interest rate lock commitments, forward sale commitments and interest rate swaps. As part of its overall business strategy, the Company originates fixed-rate and adjustable rate residential mortgages. It sells a portion of this production to the FHLMC, the FNMA, and private investors. The Company uses forward sales as a means of hedging against the economic impact of changes in interest rates on the mortgages that are originated for sale and on interest rate lock commitments. The Company typically retains the servicing rights related to residential mortgage loans that are sold. Most of the Company`s residential MSRs are accounted for at fair value. As deemed appropriate, the Company economically hedges MSRs using interest rate swaps and forward contracts to purchase MBS. Customer-related derivatives The Company offers derivatives to its customers in connection with their risk management needs and requirements. These financial derivative transactions primarily consist of interest rate swaps, caps, floors and foreign exchange contracts. Risk exposure from customer positions is managed through transactions with other dealers, including Santander. Other derivative activities The Company uses foreign exchange contracts to manage the foreign exchange risk associated with certain foreign currency-denominated assets and liabilities. Foreign exchange contracts, which include spot and forward contracts as well as cross-currency swaps, represent agreements to exchange the currency of one country for the currency of another country at an agreed-upon price on an agreed-upon settlement date and may or may not be physically settled depending on the Company’s needs. Exposure to gains and losses on these contracts will increase or decrease over their respective lives as currency exchange and interest rates fluctuate. NOTE 12. DERIVATIVES (continued) Other derivative instruments primarily include forward contracts related to certain investment securities sales, an OIS, a total return swap on Visa, Inc. Class B common shares, and equity options, which manage the Company's market risk associated with certain investments and customer deposit products. Derivatives Not Designated in Hedge Relationships – Notional and Fair Values Other derivative activities at June 30, 2019 and December 31, 2018 included: Notional Asset derivatives Fair value Liability derivatives Fair value (in thousands) June 30, 2019 December 31, 2018 June 30, 2019 December 31, 2018 June 30, 2019 December 31, 2018 Mortgage banking derivatives: Forward commitments to sell loans $ 589,064 $ 329,189 $ — $ 4 $ 3,984 $ 4,821 Interest rate lock commitments 367,206 133,680 4,471 2,677 — — Mortgage servicing 420,000 455,000 14,863 1,575 243 8,953 Total mortgage banking risk management 1,376,270 917,869 19,334 4,256 4,227 13,774 Customer-related derivatives: Swaps receive fixed 10,626,331 11,335,998 360,742 92,542 9,812 120,185 Swaps pay fixed 11,132,874 11,825,804 21,283 163,673 311,582 72,662 Other 2,112,235 2,162,302 3,398 11,151 8,286 14,294 Total customer-related derivatives 23,871,440 25,324,104 385,423 267,366 329,680 207,141 Other derivative activities: Foreign exchange contracts 4,684,232 3,635,119 34,533 47,330 36,849 37,466 Interest rate swap agreements 2,120,371 2,281,379 2,992 11,553 13,219 3,264 Interest rate cap agreements 9,219,924 7,758,710 88,247 128,467 — — Options for interest rate cap agreements 9,203,381 7,741,765 — — 88,240 128,377 Other 1,140,641 1,038,558 10,327 4,527 12,587 7,137 Total $ 51,616,259 $ 48,697,504 $ 540,856 $ 463,499 $ 484,802 $ 397,159 Gains (Losses) on All Derivatives The following Condensed Consolidated Statement of Operations line items were impacted by the Company’s derivative activities for the three-month and six-month periods ended June 30, 2019 and 2018 : (in thousands) Three-Month Period Six-Month Period Ended June 30, Derivative Activity (1) Line Item 2019 2018 2019 2018 Cash flow hedges: Pay fixed-receive variable interest rate swaps Interest expense on borrowings $ 13,842 $ 7,925 $ 26,782 $ 10,689 Pay variable receive-fixed interest rate swap Interest income on loans (11,250 ) (5,023 ) (22,698 ) (7,043 ) Other derivative activities: Forward commitments to sell loans Miscellaneous income, net (819 ) (239 ) 834 (753 ) Interest rate lock commitments Miscellaneous income, net 1,495 131 1,794 279 Mortgage servicing Miscellaneous income, net 12,947 (3,512 ) 21,301 (12,662 ) Customer-related derivatives Miscellaneous income, net (2,291 ) 4,034 (16,350 ) 9,903 Foreign exchange Miscellaneous income, net 6,044 4,987 29,977 8,706 Interest rate swaps, caps, and options Miscellaneous income, net 5,421 193 7,866 10,232 Other Miscellaneous income, net 843 248 (368 ) (2,383 ) (1) Gains are disclosed as positive numbers while losses are shown as a negative number regardless of the line item being affected. NOTE 12. DERIVATIVES (continued) The net amount of change recognized in OCI for cash flow hedge derivatives were gains of $4.8 million and $13.2 million , net of tax, for the three-month and six-month periods ended June 30, 2019 , respectively, and losses of $15.2 million and $21.8 million , net of tax, for the three-month and six-month periods ended June 30, 2018 , respectively. The net amount of changes reclassified from OCI into earnings for cash flow hedge derivatives were gains of $3.7 million and $5.1 million , net of tax, for the three-month and six-month periods ended June 30, 2019 , respectively, and losses of $10.4 million and $9.3 million , net of tax, for the three-month and six-month periods ended June 30, 2018 , respectively. Disclosures about Offsetting Assets and Liabilities The Company enters into legally enforceable master netting agreements, which reduce risk by permitting netting of transactions with the same counterparty on the occurrence of certain events. A master netting agreement allows two counterparties the ability to net-settle amounts under all contracts, including any related collateral posted, through a single payment and in a single currency. The right to offset and certain terms regarding the collateral process, such as valuation, credit events and settlement, are contained in the ISDA Master Agreement. The Company's financial instruments, including resell and repurchase agreements, securities lending arrangements, derivatives and cash collateral, may be eligible for offset on its Condensed Consolidated Balance Sheet s. The Company has elected to present derivative balances on a gross basis even if the derivative is subject to a legally enforceable nettable ISDA Master Agreement for all trades executed after April 1, 2013. Collateral that is received or pledged for these transactions is disclosed within the “Gross amounts not offset in the Condensed Consolidated Balance Sheets ” section of the tables below. Prior to April 1, 2013, the Company had elected to net all caps, floors, and interest rate swaps when it had an ISDA Master Agreement with the counterparty. The collateral received or pledged in connection with these transactions is disclosed within the “Gross amounts offset in the Condensed Consolidated Balance Sheets " section of the tables below. Information about financial assets and liabilities that are eligible for offset on the Condensed Consolidated Balance Sheets as of June 30, 2019 and December 31, 2018 , respectively, is presented in the following tables: Offsetting of Financial Assets Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet (in thousands) Gross Amounts of Recognized Assets Gross Amounts Offset in the Condensed Consolidated Balance Sheet Net Amounts of Assets Presented in the Condensed Consolidated Balance Sheet Collateral Received (3) Net Amount June 30, 2019 Cash flow hedges $ 36,733 $ — $ 36,733 $ 19,236 $ 17,497 Other derivative activities (1) 536,385 964 535,421 63,216 472,205 Total derivatives subject to a master netting arrangement or similar arrangement 573,118 964 572,154 82,452 489,702 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 4,471 — 4,471 — 4,471 Total Derivative Assets $ 577,589 $ 964 $ 576,625 $ 82,452 $ 494,173 December 31, 2018 Cash flow hedges $ 54,986 $ — $ 54,986 $ 22,451 $ 32,535 Other derivative activities (1) 460,822 6,570 454,252 117,582 336,670 Total derivatives subject to a master netting arrangement or similar arrangement 515,808 6,570 509,238 140,033 369,205 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 2,677 — 2,677 — 2,677 Total Derivative Assets $ 518,485 $ 6,570 $ 511,915 $ 140,033 $ 371,882 (1) Includes customer-related and other derivatives. (2) Includes mortgage banking derivatives. (3) Collateral received includes cash, cash equivalents, and other financial instruments. Cash collateral received is reported in Other liabilities, as applicable, in the Condensed Consolidated Balance Sheets . Financial instruments that are pledged to the Company are not reflected in the accompanying Condensed Consolidated Balance Sheets since the Company does not control or have the ability to rehypothecate these instruments. NOTE 12. DERIVATIVES (continued) Offsetting of Financial Liabilities Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet (in thousands) Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Condensed Consolidated Balance Sheet Net Amounts of Liabilities Presented in the Condensed Consolidated Balance Sheet Collateral Pledged (3) Net Amount June 30, 2019 Cash flow hedges $ 64,537 $ — $ 64,537 $ 62,437 $ 2,100 Other derivative activities (1) 480,818 9,773 471,045 430,795 40,250 Total derivatives subject to a master netting arrangement or similar arrangement 545,355 9,773 535,582 493,232 42,350 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 3,984 — 3,984 3,855 129 Total Derivative Liabilities $ 549,339 $ 9,773 $ 539,566 $ 497,087 $ 42,479 December 31, 2018 Cash flow hedges $ 100,272 $ — $ 100,272 $ 5,612 $ 94,660 Other derivative activities (1) 392,338 13,422 378,916 316,285 62,631 Total derivatives subject to a master netting arrangement or similar arrangement 492,610 13,422 479,188 321,897 157,291 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 4,821 — 4,821 3,827 994 Total Derivative Liabilities $ 497,431 $ 13,422 $ 484,009 $ 325,724 $ 158,285 (1) Includes customer-related and other derivatives. (2) Includes mortgage banking derivatives. (3) Cash collateral pledged and financial instruments pledged is reported in Other assets, in the Condensed Consolidated Balance Sheets . In certain instances, the Company is over-collateralized since the actual amount of collateral pledged exceeds the associated financial liability. As a result, the actual amount of collateral pledged that is reported in Other assets may be greater than the amount shown in the table above.

INCOME TAXES

INCOME TAXES	6 Months Ended
	Jun. 30, 2019
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES An income tax provision of $155.3 million and $168.2 million was recorded for the three-month periods ended June 30, 2019 and 2018 , respectively. An income tax provision of $271.5 million and $264.2 million was recorded for the six-month periods ended June 30, 2019 and 2018 , respectively. . This resulted in an effective tax rate ("ETR") of 27.7% and 31.9% for the three-month periods ended June 30, 2019 and 2018 , respectively. The Company's ETR was 29.6% and 29.9% for the six-month periods ended June 30, 2019 and 2018 , respectively. The decrease in the ETR for the three-month period ended June 30, 2019 as compared to the three-month period ended June 30, 2018 was primarily due to certain discrete adjustments related to tax law changes recognized during the three-month period ended June 30, 2018. The Company is subject to the income tax laws of the U.S., its states and municipalities and certain foreign countries. These tax laws are complex and are potentially subject to different interpretations by the taxpayer and the relevant governmental taxing authorities. In establishing a provision for income tax expense, the Company must make judgments and interpretations about the application of these inherently complex tax laws. Actual income taxes paid may vary from estimates depending upon changes in income tax laws, actual results of operations, and the final audit of tax returns by taxing authorities. Tax assessments may arise several years after tax returns have been filed. The Company reviews its tax balances quarterly and, as new information becomes available, the balances are adjusted as appropriate. The Company is subject to ongoing tax examinations and assessments in various jurisdictions. NOTE 13. INCOME TAXES (continued) The Company filed a lawsuit against the United States in 2009 in Federal District Court in Massachusetts relating to the proper tax consequences of two financing transactions with an international bank through which the Company borrowed $1.2 billion . As a result of these financing transactions, the Company paid foreign taxes of $264.0 million during the years 2003 through 2007 and claimed a corresponding foreign tax credit for foreign taxes paid during those years, which the Internal Revenue Service ("IRS") disallowed. The IRS also disallowed the Company's deductions for interest expense and transaction costs, totaling $74.6 million in tax liability, and assessed penalties and interest totaling approximately $92.5 million . The Company has paid the taxes, penalties and interest associated with the IRS adjustments for all tax years, and the lawsuit will determine whether the Company is entitled to a refund of the amounts paid. In November 2015, the Federal District Court granted the Company's motions for summary judgment and later ordered amounts assessed by the IRS for the years 2003 through 2005 to be refunded to the Company. The IRS appealed that judgment, and the U.S. Court of Appeals for the First Circuit partially reversed the judgment of the Federal District Court, finding that the Company is not entitled to claim the foreign tax credits it claimed but will be allowed to exclude from income $132.0 million (representing half of the U.K. taxes the Company paid) and will be allowed to claim the interest expense deductions. The case was remanded to the Federal District Court for further proceedings to determine, among other issues, whether penalties should be sustained. On remand, the Company moved for summary judgment on two issues. On July 17, 2018, those motions were denied by the Court. In response to the First Circuit's decision, at December 31, 2016, the Company used its previously established $230.1 million tax reserve to write off deferred tax assets and a portion of the receivable that would not be realized under the Court's decision. Additionally, the Company established a $36.8 million tax reserve in relation to items that had not yet been determined by the courts, including potential penalties. The Company anticipates that the matter will be finally resolved with no effect on net income. With few exceptions, the Company is no longer subject to federal, state and non-U.S. income tax examinations by tax authorities for years prior to 2006. The Company applies an aggregate portfolio approach whereby income tax effects from accumulated OCI are released only when an entire portfolio (i.e., all related units of account) of a particular type is liquidated, sold or extinguished. The Company had a net deferred tax liability balance of $884.4 million at June 30, 2019 (consisting of a deferred tax asset balance of $532.6 million and a deferred tax liability balance of $1.4 billion ), compared to a net deferred tax liability balance of $587.5 million at December 31, 2018 (consisting of a deferred tax asset balance of $625.1 million and a deferred tax liability balance of $1.2 billion ). The $296.9 million increase in net deferred liability for the six-month period ended June 30, 2019 was primarily due to mark-to-mark adjustments and accelerated depreciation from leasing transactions.

FAIR VALUE

FAIR VALUE	6 Months Ended
	Jun. 30, 2019
Fair Value Disclosures [Abstract]
FAIR VALUE	FAIR VALUE General A portion of the Company’s assets and liabilities are carried at fair value, including AFS investment securities and derivative instruments. In addition, the Company elects to account for its residential mortgages HFS and a portion of its MSRs at fair value. Fair value is also used on a nonrecurring basis to evaluate certain assets for impairment or for disclosure purposes. Examples of nonrecurring uses of fair value include impairments for certain loans and foreclosed assets. Fair value measurement requires that valuation techniques maximize the use of observable inputs and minimize the use of unobservable inputs and also establishes a fair value hierarchy that categorizes the inputs to valuation techniques used to measure fair value into three levels as follows: • Level 1 inputs are quoted prices in active markets for identical assets or liabilities that can be accessed as of the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. • Level 2 inputs are those other than quoted prices included in Level 1 that are observable for the assets or liabilities, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active. • Level 3 inputs are those that are unobservable or not readily observable for the asset or liability and are used to measure fair value to the extent relevant observable inputs are not available. NOTE 14. FAIR VALUE (continued) Assets and liabilities measured at fair value, by their nature, result in a higher degree of financial statement volatility. When available, the Company uses quoted market prices or matrix pricing in active markets to determine fair value and classifies such items as Level 1 or Level 2 assets or liabilities. If quoted market prices in active markets are not available, fair value is determined using third-party broker quotes and/or discounted cash flow ("DCF") models incorporating various assumptions including interest rates, prepayment speeds and credit losses. Assets and liabilities valued using broker quotes and/or DCF models are classified as either Level 2 or Level 3, depending on the lowest level classification of an input that is considered significant to the overall valuation. The Company values assets and liabilities based on the principal market in which each would be sold (in the case of assets) or transferred (in the case of liabilities). The principal market is the forum with the greatest volume and level of activity. In the absence of a principal market, the valuation is based on the most advantageous market. In the absence of observable market transactions, the Company considers liquidity valuation adjustments to reflect the uncertainty in pricing the instruments. The fair value of a financial asset is measured on a stand-alone basis and cannot be measured as a group, with the exception of certain financial instruments held and managed on a net portfolio basis. In measuring the fair value of a nonfinancial asset, the Company assumes the highest and best use of the asset by a market participant, not just the intended use, to maximize the value of the asset. The Company also considers whether any credit valuation adjustments are necessary based on the counterparty's credit quality. Any models used to determine fair values or validate dealer quotes based on the descriptions below are subject to review and testing as part of the Company's model validation and internal control testing processes. The Bank's Market Risk Department is responsible for determining and approving the fair values of all assets and liabilities valued at fair value, including the Company's Level 3 assets and liabilities. Price validation procedures are performed and the results are reviewed for Level 3 assets and liabilities by the Market Risk Department. Price validation procedures performed for these assets and liabilities can include comparing current prices to historical pricing trends by collateral type and vintage, comparing prices by product type to indicative pricing grids published by market makers, and obtaining corroborating dealer prices for significant securities. The Company reviews the assumptions utilized to determine fair value on a quarterly basis. Any changes in methodologies or significant inputs used in determining fair values are further reviewed to determine if a change in fair value level hierarchy has occurred. Transfers in and out of Levels 1, 2 and 3 are considered to be effective as of the end of the quarter in which they occur. There were no material transfers in or out of Level 1, 2, or 3 during the six-month periods ended June 30, 2019 or 2018 for any assets or liabilities valued at fair value on a recurring basis. NOTE 14. FAIR VALUE (continued) Assets and Liabilities Measured at Fair Value on a Recurring Basis The following tables present the assets and liabilities that are measured at fair value on a recurring basis by major product category and fair value hierarchy as of June 30, 2019 and December 31, 2018 . (in thousands) Level 1 Level 2 Level 3 Balance at Level 1 Level 2 Level 3 Balance at Financial assets: U.S. Treasury securities $ — $ 3,124,176 $ — $ 3,124,176 $ 526,364 $ 1,278,381 $ — $ 1,804,745 Corporate debt — 158,500 — 158,500 — 160,114 — 160,114 ABS — 92,945 324,979 417,924 — 109,638 327,199 436,837 State and municipal securities — 13 — 13 — 16 — 16 MBS — 8,201,842 — 8,201,842 — 9,231,275 — 9,231,275 Investment in debt securities AFS (3) — 11,577,476 324,979 11,902,455 526,364 10,779,424 327,199 11,632,987 Other investments - trading securities — 2,302 — 2,302 4 6 — 10 RICs HFI (4) — — 104,193 104,193 — — 126,312 126,312 LHFS (1)(5) — 259,171 — 259,171 — 209,506 — 209,506 MSRs (2) — — 129,913 129,913 — — 149,660 149,660 Other assets - derivatives (3) — 573,050 4,539 577,589 — 515,781 2,704 518,485 Total financial assets (6) $ — $ 12,411,999 $ 563,624 $ 12,975,623 $ 526,368 $ 11,504,717 $ 605,875 $ 12,636,960 Financial liabilities: Other liabilities - derivatives (3) — 546,739 2,600 549,339 — 496,593 838 497,431 Total financial liabilities $ — $ 546,739 $ 2,600 $ 549,339 $ — $ 496,593 $ 838 $ 497,431 (1) LHFS disclosed on the Condensed Consolidated Balance Sheet s also includes LHFS that are held at the lower of cost or fair value and are not presented within this table. (2) The Company had total MSRs of $132.0 million and $152.1 million as of June 30, 2019 .and December 31, 2018 , respectively. The Company has elected to account for the majority of its MSR balance using the FVO, while the remainder of the MSRs are accounted for using the lower of cost or fair value and are not presented within this table. (3) Refer to Note 3 for the fair value of investment securities and to Note 12 for the fair values of derivative assets and liabilities on a further disaggregated basis. (4) RICs collateralized by vehicle titles at SC and RV/marine loans at SBNA. (5) Residential mortgage loans. (6) Approximately $563.6 million of these financial assets were measured using model-based techniques, or Level 3 inputs, and represented approximately 4.3% of total assets measured at fair value on a recurring basis and approximately 0.4% of total consolidated assets. Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis The Company may be required to measure certain assets and liabilities at fair value on a nonrecurring basis in accordance with GAAP from time to time. These adjustments to fair value usually result from application of lower-of-cost-or-fair value accounting or certain impairment measures. Assets measured at fair value on a nonrecurring basis that were still held on the balance sheet were as follows: (in thousands) Level 1 Level 2 Level 3 Balance at Level 1 Level 2 Level 3 Balance at Impaired commercial LHFI $ — $ 126,975 $ 223,289 $ 350,264 $ 5,182 $ 150,208 $ 219,258 $ 374,648 Foreclosed assets — 13,912 70,181 84,093 — 16,678 81,208 97,886 Vehicle inventory — 334,325 — 334,325 — 342,617 — 342,617 LHFS (1) — 832,056 1,432,461 2,264,517 — — 1,073,795 1,073,795 Auto loans impaired due to bankruptcy — 184,543 — 184,543 — 189,114 — 189,114 MSRs — — 8,636 8,636 — — 9,386 9,386 (1) These amounts include $1.0 billion and $1.1 billion of personal LHFS that were impaired as of June 30, 2019 and December 31, 2018 , respectively. NOTE 14. FAIR VALUE (continued) Valuation Processes and Techniques Impaired commercial LHFI in the table above represents the recorded investment of impaired commercial loans for which the Company measures impairment during the period based on the fair value of the underlying collateral supporting the loan. Written offers to purchase a specific impaired loan are considered observable market inputs, which are considered Level 1 inputs. Appraisals are obtained to support the fair value of the collateral and incorporate measures such as recent sales prices for comparable properties and are considered Level 2 inputs. Loans for which the value of the underlying collateral is determined using a combination of real estate appraisals, field examinations and internal calculations are classified as Level 3. The inputs in the internal calculations may include the loan balance, estimation of the collectability of the underlying receivables held by the customer used as collateral, sale and liquidation value of the inventory held by the customer used as collateral and historical loss-given-default parameters. In cases in which the carrying value exceeds the fair value of the collateral less cost to sell, an impairment charge is recognized. The net carrying value of these loans was $305.5 million and $479.4 million at June 30, 2019 and December 31, 2018 , respectively. Loans previously impaired which were not marked to fair value during the periods presented are excluded from this table. Foreclosed assets represent the recorded investment in assets taken during the period presented in foreclosure of defaulted loans, and are primarily comprised of commercial and residential real properties and generally measured at fair value less costs to sell. The fair value of the real property is generally determined using appraisals or other indications of market value based on recent comparable sales of similar properties or assumptions generally observable in the marketplace. The Company estimates the fair value of its vehicles, which are obtained either through repossession or lease termination, using historical auction rates and current market values of used cars. The Company's LHFS portfolios that are measured at fair value on a nonrecurring basis primarily consist of personal, commercial, and RICs LHFS. The estimated fair value of these LHFS is calculated based on a combination of estimated market rates for similar loans with similar credit risks and a DCF analysis in which the Company uses significant unobservable inputs on key assumptions, including historical default rates and adjustments to reflect voluntary prepayments, prepayment rates, discount rates reflective of the cost of funding, and credit loss expectations. The lower of cost or fair value adjustment for personal LHFS includes customer default activity and adjustments related to the net change in the portfolio balance during the reporting period. For loans that are considered collateral-dependent, such as certain bankruptcy loans, impairment is measured based on the fair value of the collateral less its estimated cost to sell. For the underlying collateral, the estimated fair value is obtained using historical auction rates and current market levels of used car prices. Fair Value Adjustments The following table presents the increases and decreases in value of certain assets that are measured at fair value on a nonrecurring basis for which a fair value adjustment has been included in the Condensed Consolidated Statements of Operations relating to assets held at period-end: Three-Month Period Ended June 30 Six-Month Period Ended June 30, (in thousands) Statement of Operations Location 2019 2018 2019 2018 Impaired LHFI Provision for credit losses $ 479 $ 29,891 $ (6,113 ) $ 579 Foreclosed assets Miscellaneous income, net (1) (1,532 ) (2,129 ) (3,784 ) (4,601 ) LHFS Provision for credit losses — (6 ) — (387 ) LHFS Miscellaneous income, net (1) (104,365 ) (79,221 ) (172,038 ) (149,711 ) Auto loans impaired due to bankruptcy Provision for credit losses (7,254 ) (6,667 ) (11,664 ) (88,812 ) MSRs Miscellaneous income, net (1) (182 ) 929 (355 ) 380 (1) Gains are disclosed as positive numbers while losses are shown as a negative number regardless of the line item being affected. NOTE 14. FAIR VALUE (continued) Level 3 Rollforward for Assets and Liabilities Measured at Fair Value on a Recurring Basis The tables below present the changes in Level 3 balances for the three-month and six-month periods ended June 30, 2019 and 2018 , respectively, for those assets and liabilities measured at fair value on a recurring basis. Three-Month Period Ended June 30, 2019 Three-Month Period Ended June 30, 2018 (in thousands) Investments RICs HFI MSRs Derivatives, net Total Investments RICs HFI MSRs Derivatives, net Total Balances, beginning of period $ 326,108 $ 114,809 $ 140,134 $ 1,252 $ 582,303 $ 348,634 $ 167,597 $ 160,130 $ 1,746 $ 678,107 Losses in other comprehensive income (830 ) — — — (830 ) (1,275 ) — — — (1,275 ) Gains/(losses) in earnings — 3,405 (14,691 ) 599 (10,687 ) — 4,760 (1,274 ) (1,299 ) 2,187 Additions/Issuances — 2,079 8,206 — 10,285 — 1,927 2,841 — 4,768 Settlements (1) (299 ) (16,100 ) (3,736 ) 88 (20,047 ) (503 ) (22,202 ) (3,227 ) 98 (25,834 ) Balances, end of period $ 324,979 $ 104,193 $ 129,913 $ 1,939 $ 561,024 $ 346,856 $ 152,082 $ 158,470 $ 545 $ 657,953 Changes in unrealized gains (losses) included in earnings related to balances still held at end of period $ — $ 3,405 $ (14,691 ) $ (896 ) $ (12,182 ) $ — $ 4,760 $ (1,274 ) $ (1,430 ) $ 2,056 Six-Month Period Ended June 30, 2019 Six-Month Period Ended June 30, 2018 (in thousands) Investments RICs HFI MSRs Derivatives, net Total Investments RICs HFI MSRs Derivatives, net Total Balances, beginning of period $ 327,199 $ 126,312 $ 149,660 $ 1,866 $ 605,037 $ 350,252 $ 186,471 $ 145,993 $ 1,514 $ 684,230 Losses in OCI (1,502 ) — — — (1,502 ) (1,774 ) — — — (1,774 ) Gains/(losses) in earnings — 6,952 (23,937 ) (101 ) (17,086 ) — 10,036 13,769 (1,165 ) 22,640 Additions/Issuances — 2,079 11,103 — 13,182 — 3,276 5,597 — 8,873 Settlements (1) (718 ) (31,150 ) (6,913 ) 174 (38,607 ) (1,622 ) (47,701 ) (6,889 ) 196 (56,016 ) Balances, end of period $ 324,979 $ 104,193 $ 129,913 $ 1,939 $ 561,024 $ 346,856 $ 152,082 $ 158,470 $ 545 $ 657,953 Changes in unrealized gains (losses) included in earnings related to balances still held at end of period $ — $ 6,952 $ (23,937 ) $ (1,895 ) $ (18,880 ) $ — $ 10,036 $ 13,769 $ (1,444 ) $ 22,361 (1) Settlements include charge-offs, prepayments, paydowns and maturities. The gains in earnings reported in the table above related to the RICs HFI for which the Company elected the FVO are driven by three primary factors: 1) the recognition of interest income, 2) recoveries of previously charged-off RICs, and 3) actual performance of the portfolio since the Change in Control. Recoveries from RICs that were charged off at the Change in Control date are a direct increase to the gain recognized within the portfolio. In accordance with Accounting Standards Codification (“ASC") 805, Business Combinations , the Company did not ascribe a fair value to the portfolio of sub-prime charged-off RICs at the Change in Control date. Recoveries of previously charged off loans are usually recorded as a reduction to charge-offs in the period in which the recovery is made; however, in instances where the FVO is elected, it will flow through the fair value mark. At the Change in Control date, the UPB of the previously charged-off RIC portfolio was approximately $3.0 billion . Valuation Processes and Techniques - Recurring Fair Value Assets and Liabilities The following is a description of the valuation techniques used for instruments measured at fair value on a recurring basis: Debt Securities Classified as AFS Debt securities classified as AFS are accounted for at fair value. The Company utilizes a third-party pricing service to value its investment securities portfolios on a global basis. Its primary pricing service has consistently proved to be a high quality third-party pricing provider. For those investments not valued by pricing vendors, other trusted market sources are utilized. The Company monitors and validates the reliability of vendor pricing on an ongoing basis, which can include pricing methodology reviews, performing detailed reviews of the assumptions and inputs used by the vendor to price individual securities, and price validation testing. Price validation testing is performed independently of the risk-taking function and can include corroborating the prices received from third-party vendors with prices from another third-party source, reviewing valuations of comparable instruments, comparison to internal valuations, or by reference to recent sales of similar securities. NOTE 14. FAIR VALUE (continued) The classification of securities within the fair value hierarchy is based upon the activity level in the market for the security type and the observability of the inputs used to determine their fair values. Actively traded quoted market prices for debt securities AFS, such as U.S. Treasury and government agency securities, corporate debt, state and municipal securities, and MBS, are not readily available. The Company's principal markets for its investment securities are the secondary institutional markets with an exit price that is predominantly reflective of bid-level pricing in these markets. These investment securities are priced by third-party pricing vendors. The third-party vendors use a variety of methods when pricing these securities that incorporate relevant observable market data to arrive at an estimate of what a buyer in the marketplace would pay for a security under current market conditions. These investment securities are, therefore, considered Level 2. Certain ABS are valued using DCF models. The DCF models are obtained from a third-party pricing vendor who uses observable market data and therefore are classified as Level 2. Other ABS that could not be valued using a third-party pricing service are valued using an internally-developed DCF model. When estimating the fair value using this model, the Company uses its best estimate of the key assumptions, which include the discount rates and forward yield curves. The Company uses comparable bond indices based on industry, term, and rating to discount the expected future cash flows. Determining the comparability of assets involves significant subjectivity related to asset type differences, cash flows, performance and other inputs. The inability of the Company to corroborate the fair value of the ABS due to the limited available observable data on these ABS resulted in a fair value classification of Level 3. Realized gains and losses on investments in debt securities are recognized in the Consolidated Statements of Operations through Net gain/(loss) on sale of investment securities . RICs HFI For certain RICs HFI, the Company has elected the FVO. The fair values of RICs are estimated using the DCF model. In estimating the fair value using this model, the Company uses significant unobservable inputs on key assumptions, which includes historical default rates and adjustments to reflect voluntary prepayments, prepayment rates based on available data from a comparable market securitization of similar assets, discount rates reflective of the cost of funding debt issuances and recent historical equity yields, recovery rates based on the average severity utilizing reported severity rates and loss severity utilizing available market data from a comparable securitized pool. Accordingly, RICs HFI for which the Company has elected the FVO are classified as Level 3. LHFS The Company's LHFS portfolios that are measured at fair value on a recurring basis consist primarily of residential mortgage LHFS. The fair values of LHFS are estimated using published forward agency prices to agency buyers such as FNMA and FHLMC. The majority of the residential mortgage LHFS portfolio is sold to these two agencies. The fair value is determined using current secondary market prices for portfolios with similar characteristics, adjusted for servicing values and market conditions. These loans are regularly traded in active markets, and observable pricing information is available from market participants. The prices are adjusted as necessary to include the embedded servicing value in the loans as well as the specific characteristics of certain loans that are priced based on the pricing of similar loans. These adjustments represent unobservable inputs to the valuation, and are not significant given the relative insensitivity of the value to changes in these inputs to the fair value of the loans. Accordingly, residential mortgage LHFS are classified as Level 2. Gains and losses on residential mortgage LHFS are recognized in the Condensed Consolidated Statements of Operations through Miscellaneous income, net. See further discussion below in the section captioned "FVO for Financial Assets and Financial Liabilities." NOTE 14. FAIR VALUE (continued) MSRs The model to value MSRs estimates the present value of the future net cash flows from mortgage servicing activities based on various assumptions. These cash flows include servicing and ancillary revenue, offset by the estimated costs of performing servicing activities. Significant assumptions used in the valuation of residential MSRs include changes in anticipated loan prepayment rates ("CPRs") and the discount rate, reflective of a market participant's required return on an investment for similar assets. Other important valuation assumptions include market-based servicing costs and the anticipated earnings on escrow and similar balances held by the Company in the normal course of mortgage servicing activities. All of these assumptions are considered to be unobservable inputs. Historically, servicing costs and discount rates have been less volatile than CPR and earnings rates, both of which are directly correlated with changes in market interest rates. Increases in prepayment speeds, discount rates and servicing costs result in lower valuations of MSRs. Decreases in the anticipated earnings rate on escrow and similar balances result in lower valuations of MSRs. For each of these items, the Company makes assumptions based on current market information and future expectations. All of the assumptions are based on standards that the Company believes would be utilized by market participants in valuing MSRs and are derived and/or benchmarked against independent public sources. Accordingly, MSRs are classified as Level 3. Gains and losses on MSRs are recognized on the Condensed Consolidated Statements of Operations through Miscellaneous income, net. Listed below are the most significant inputs that are utilized by the Company in the evaluation of residential MSRs: • A 10% and 20% increase in the CPR speed would decrease the fair value of the residential servicing asset by $5.5 million and $10.6 million , respectively, at June 30, 2019 . • A 10% and 20% increase in the discount rate would decrease the fair value of the residential servicing asset by $4.3 million and $8.4 million , respectively, at June 30, 2019 . Significant increases/(decreases) in any of those inputs in isolation would result in significantly (lower)/higher fair value measurements, respectively. These sensitivity calculations are hypothetical and should not be considered to be predictive of future performance. Changes in fair value based on adverse changes in assumptions generally cannot be extrapolated because the relationship of the change in assumption to the change in fair value may not be linear. Also, the effect of an adverse variation in a particular assumption on the fair value of the MSRs is calculated without changing any other assumption, while in reality changes in one factor may result in changes in another, which may either magnify or counteract the effect of the change. Prepayment estimates generally increase when market interest rates decline and decrease when market interest rates rise. Discount rates typically increase when market interest rates increase and/or credit and liquidity risks increase, and decrease when market interest rates decline and/or credit and liquidity conditions improve. Derivatives The valuation of these instruments is determined using commonly accepted valuation techniques, including DCF analysis on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivatives, including the period to maturity, and uses observable and unobservable market-based inputs. The fair value represents the estimated amount the Company would receive or pay to terminate the contract or agreement, taking into account current interest rates, foreign exchange rates, equity prices and, when appropriate, the current creditworthiness of the counterparties. The Company incorporates credit valuation adjustments in the fair value measurement of its derivatives to reflect the counterparty's nonperformance risk in the fair value measurement of its derivatives, except for those derivative contracts with associated credit support annexes which provide credit enhancements, such as collateral postings and guarantees. The Company has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy. Certain of the Company's derivatives utilize Level 3 inputs, which are primarily related to mortgage banking derivatives-interest rate lock commitments and total return settlement derivative contracts. The DCF model is utilized to determine the fair value of the mortgage banking derivatives-interest rate lock commitments and the total return settlement derivative contracts. The significant unobservable inputs for mortgage banking derivatives used in the fair value measurement of the Company's loan commitments are "pull through" percentage and the MSR value that is inherent in the underlying loan value. The pull through percentage is an estimate of loan commitments that will result in closed loans. The significant unobservable inputs for total return settlement derivative contracts used in the fair value measurement of the Company's liabilities are discount percentages, which are based on comparable financial instruments. Significant increases (decreases) in any of these inputs in isolation would result in significantly higher (lower) fair value measurements. Significant increases (decreases) in the fair value of a mortgage banking derivative asset (liability) results when the probability of funding increases (decreases). Significant increases (decreases) in the fair value of a mortgage loan commitment result when the embedded servicing value increases (decreases). NOTE 14. FAIR VALUE (continued) Gains and losses related to derivatives affect various line items in the Condensed Consolidated Statements of Operations . See Note 12 for a discussion of derivatives activity. Level 3 Inputs - Significant Recurring and Nonrecurring Fair Value Assets and Liabilities The following table presents quantitative information about the significant unobservable inputs within significant Level 3 recurring and nonrecurring assets and liabilities at June 30, 2019 and December 31, 2018 , respectively: (dollars in thousands) Fair Value at June 30, 2019 Valuation Technique Unobservable Inputs Range Financial Assets: ABS Financing bonds $ 301,589 DCF Discount Rate (1) 1.68% - 2.51% (2.37%) Sale-leaseback securities 23,390 Consensus Pricing (2) Offered quotes (3) 108.16 % RICs HFI 104,193 DCF CPR (4) 6.66 % Discount Rate (5) 9.50% - 14.50% (12.78%) Recovery Rate (6) 25.00% - 43.00% (41.42%) Personal LHFS (10) 955,729 Lower of Market or Income Approach Market Participant View 70.00% - 80.00% Discount Rate 15.00% - 25.00% Default Rate 30.00% - 40.00% Net Principal & Interest Payment Rate 70.00% - 85.00% Loss Severity Rate 90.00% - 95.00% MSRs (9) 129,913 DCF CPR (7) 6.96% - 100.00% (11.68%) Discount Rate (8) 9.61 % (1) Based on the applicable term and discount index. (2) Consensus pricing refers to fair value estimates that are generally developed using information such as dealer quotes or other third-party valuations or comparable asset prices. (3) Based on the nature of the input, a range or weighted average does not exist. For sale-leaseback securities, the Company owns one security. (4) Based on the analysis of available data from a comparable market securitization of similar assets. (5) Based on the cost of funding of debt issuance and recent historical equity yields. (6) Based on the average severity utilizing reported severity rates and loss severity utilizing available market data from a comparable securitized pool. (7) Average CPR projected from collateral stratified by loan type and note rate. (8) Average discount rate from collateral stratified by loan type and note rate. (9) Excludes MSR valued on a non-recurring basis for which we do not consider there to be significant unobservable assumptions. (10) Excludes non-significant Level 3 LHFS portfolios. (dollars in thousands) Fair Value at December 31, 2018 Valuation Technique Unobservable Inputs Range Financial Assets: ABS Financing bonds $ 303,224 DCF Discount Rate (1) 2.68% - 2.73% (2.69%) Sale-leaseback securities 23,975 Consensus Pricing (2) Offered Quotes (3) 110.28 % RICs HFI 126,312 DCF CPR (4) 6.66 % Discount Rate (5) 9.50% - 14.50% (12.55%) Recovery Rate (6) 25.00% - 43.00% (41.6%) Personal LHFS (10) 1,068,757 Lower of Market or Income Approach Market Participant View 70.00% - 80.00% Discount Rate 15.00% - 25.00% Default Rate 30.00% - 40.00% Net Principal & Interest Payment Rate 70.00% - 85.00% Loss Severity Rate 90.00% - 95.00% MSRs (9) 149,660 DCF CPR (7) 7.06% - 100.00% (9.22%) Discount Rate (8) 9.71 % (1), (2), (3), (4), (5), (6), (7), (8), (9), (10) - See corresponding footnotes to the June 30, 2019 Level 3 significant inputs table above. NOTE 14. FAIR VALUE (continued) Fair Value of Financial Instruments The carrying amounts and estimated fair values, as well as the level within the fair value hierarchy, of the Company's financial instruments are as follows: June 30, 2019 December 31, 2018 (in thousands) Carrying Value Fair Value Level 1 Level 2 Level 3 Carrying Value Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 8,019,284 $ 8,019,284 $ 8,019,284 $ — $ — $ 7,790,593 $ 7,790,593 $ 7,790,593 $ — $ — Investment in debt securities AFS 11,902,455 11,902,455 — 11,577,476 324,979 11,632,987 11,632,987 526,364 10,779,424 327,199 Investment in debt securities HTM 2,955,751 2,969,488 — 2,969,488 — 2,750,680 2,676,049 — 2,676,049 — Other investments - trading securities 2,302 2,302 — 2,302 — 10 10 4 6 — LHFI, net 86,188,234 87,891,554 — 126,975 87,764,579 83,148,738 83,415,697 5,182 150,208 83,260,307 LHFS 2,523,688 2,523,758 — 1,091,227 1,432,531 1,283,278 1,283,301 — 209,506 1,073,795 Restricted cash 3,417,993 3,417,993 3,417,993 — — 2,931,711 2,931,711 2,931,711 — — MSRs (1) 132,018 138,549 — — 138,549 152,121 159,046 — — 159,046 Derivatives 577,589 577,589 — 573,050 4,539 518,485 518,485 — 515,781 2,704 Financial liabilities: Deposits 63,720,054 63,726,203 55,063,569 8,662,634 — 61,511,380 61,456,268 54,039,848 7,416,420 — Borrowings and other debt obligations 48,906,752 49,497,911 — 35,593,434 13,904,477 44,953,784 45,083,518 — 31,494,126 13,589,392 Derivatives 549,339 549,339 — 546,739 2,600 497,431 497,431 — 496,593 838 (1) The Company has elected to account for the majority of its MSR balance using the FVO, while the remainder of the MSRs are accounted for using the lower of cost or fair value. Valuation Processes and Techniques - Financial Instruments The preceding tables present disclosures about the fair value of the Company's financial instruments. Those fair values for certain instruments are presented based upon subjective estimates of relevant market conditions at a specific point in time and information about each financial instrument. In cases in which quoted market prices are not available, fair values are based on estimates using

NON-INTEREST INCOME AND OTHER E

NON-INTEREST INCOME AND OTHER EXPENSES	6 Months Ended
	Jun. 30, 2019
Revenue from Contract with Customer [Abstract]
NON-INTEREST INCOME AND OTHER EXPENSES	NON-INTEREST INCOME AND OTHER EXPENSES The following table presents the details of the Company's Non-interest income for the following periods: Three-Month Period Ended June 30, Six-Month Period Ended June 30, (in thousands) 2019 2018 2019 2018 Non-interest income: Consumer and commercial fees $ 146,499 $ 136,165 $ 279,517 $ 276,337 Lease income 705,835 569,306 1,380,720 1,110,202 Miscellaneous income, net Mortgage banking income, net 13,908 2,933 22,723 19,278 BOLI 16,113 14,816 30,431 29,384 Capital market revenue 48,442 41,083 97,964 97,696 Net gain on sale of operating leases 48,479 65,742 72,490 118,941 Asset and wealth management fees 44,157 43,922 87,204 87,259 Loss on sale of non-mortgage loans (83,916 ) (74,872 ) (151,373 ) (118,782 ) Other miscellaneous income, net 21,088 19,659 38,376 309 Net gains/(losses) on sale of investment securities 2,379 419 379 (244 ) Total Non-interest income $ 962,984 $ 819,173 $ 1,858,431 $ 1,620,380 NOTE 15. NON-INTEREST INCOME AND OTHER EXPENSES (continued) Disaggregation of Revenue from Contracts with Customers Beginning January 1, 2018, the Company adopted the new accounting standard, "Revenue from Contracts with Customers", which requires the Company to disclose a disaggregation of revenue from contracts with customers that falls within the scope of this new accounting standard. The scope of the guidance explicitly excludes net interest income as well as many other revenues for financial assets and liabilities including loans, leases, securities, and derivatives. Therefore, the Company has evaluated the revenue streams within our Non-interest income line items to determine whether they are in-scope or out-of-scope. The following table presents the Company's Non-interest income disaggregated by revenue source: Three-Month Period Ended June 30, Six-Month Period Ended June 30, (in thousands) 2019 2018 2019 2018 Non-interest income: In-scope of revenue from contracts with customers: Depository services (1) $ 60,115 $ 57,432 $ 116,282 $ 115,778 Commission and trailer fees (2) 40,987 31,982 79,636 61,432 Interchange income, net (2) 17,851 16,170 32,963 29,643 Underwriting service fees (2) 27,249 24,840 50,792 49,344 Asset and wealth management fees (2) 37,077 42,151 73,997 80,354 Other revenue from contracts with customers (2) 11,895 7,684 20,379 17,686 Total In-scope of revenue from contracts with customers 195,174 180,259 374,049 354,237 Out-of-scope of revenue from contracts with customers: Consumer and commercial fees (3) 75,794 70,971 141,540 144,175 Lease income 705,835 569,306 1,380,720 1,110,202 Miscellaneous income/(loss) (3) (16,198 ) (1,782 ) (38,257 ) 12,010 Net gains/(losses) on sale of investment securities 2,379 419 379 (244 ) Total Out-of-scope of revenue from contracts with customers 767,810 638,914 1,484,382 1,266,143 Total Non-interest income $ 962,984 $ 819,173 $ 1,858,431 $ 1,620,380 (1) Primarily recorded in the Company's Condensed Consolidated Statements of Operations within Consumer and commercial fees . (2) Primarily recorded in the Company's Condensed Consolidated Statements of Operations within Miscellaneous income, net. (3) The balance presented excludes certain revenue streams that are considered in-scope and presented above. Arrangements with Multiple Performance Obligations Our contracts with customers may include multiple performance obligations. For such arrangements, we allocate revenue to each performance obligation based on its relative standalone selling price. We generally determine standalone selling prices based on the prices charged to customers or using expected cost plus margin. Practical Expedients In instances where incremental costs, such as commission expenses, are incurred and the period of benefit is equal to or less than one year, the Company has elected to apply the practical expedient where the Company expenses such amounts as incurred. These costs are recorded within Compensation and benefits within the Condensed Consolidated Statements of Operations. In instances where contracts with customers contain a financing component and the Company expects the customer to pay for the goods or services within one year or less, the Company has elected to apply the practical expedient where the Company does not adjust the contracted amount of consideration for the effects of financing components. The Company does not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less or (ii) contracts for which we recognize revenue at the amount to which we have the right to invoice for services performed. As a result of the practical expedient and for the Company's material revenue streams, there are no unperformed performance obligations. As a result of the practical expedient and the Company's revenue recognition for contracts with customers, there are no material contract assets or liabilities. NOTE 15. NON-INTEREST INCOME AND OTHER EXPENSES (continued) Other Expenses The following table presents the Company's other expenses for the following periods: Three-Month Period Ended June 30, Six-Month Period Ended June 30, (in thousands) 2019 2018 2019 (1) 2018 Other expenses: Amortization of intangibles $ 14,742 $ 15,288 $ 29,508 $ 30,576 Deposit insurance premiums and other expenses 10,507 14,804 42,244 31,564 Loss on debt extinguishment 1,109 1,201 1,127 3,413 Other administrative expenses 122,644 135,565 258,529 239,747 Other miscellaneous expenses 11,502 1,508 14,828 2,946 Total Other expenses $ 160,504 $ 168,366 $ 346,236 $ 308,246 (1) The six-month period ended June 30, 2019 includes $25.3 million of FDIC insurance premiums that relates to periods from the first quarter of 2015 through the fourth quarter of 2018. The Company has concluded that the out-of-period correction is immaterial to all impacted periods.

COMMITMENTS, CONTINGENCIES AND

COMMITMENTS, CONTINGENCIES AND GUARANTEES	6 Months Ended
	Jun. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS, CONTINGENCIES AND GUARANTEES	COMMITMENTS, CONTINGENCIES AND GUARANTEES Off-Balance Sheet Risk - Financial Instruments In the normal course of business, the Company utilizes a variety of financial instruments with off-balance sheet risk to meet the financing needs of its customers and manage its exposure to fluctuations in interest rates. These financial instruments include commitments to extend credit, letters of credit, loans sold with recourse, forward contracts, and interest rate and cross currency swaps, caps and floors. These financial instruments may involve, to varying degrees, elements of credit, liquidity, and interest rate risk in excess of the amount recognized on the Condensed Consolidated Balance Sheet s. The contractual or notional amounts of these financial instruments reflect the extent of involvement the Company has in particular classes of financial instruments. The Company’s exposure to credit loss in the event of non-performance by the other party to the financial instrument for commitments to extend credit, letters of credit and loans sold with recourse is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments. For forward contracts and interest rate swaps, caps and floors, the contract or notional amounts do not represent exposure to credit loss. The Company controls the credit risk of its forward contracts and interest rate swaps, caps and floors through credit approvals, limits and monitoring procedures. See Note 12 to these Condensed Consolidated Financial Statements for discussion of all derivative contract commitments. The following table details the amount of commitments at the dates indicated: Other Commitments June 30, 2019 December 31, 2018 (in thousands) Commitments to extend credit $ 30,753,795 $ 30,269,311 Letters of credit 1,342,137 1,488,714 Commitments to sell loans 820,625 875 Unsecured revolving lines of credit 27,745 28,145 Recourse exposure on sold loans 51,169 49,733 Total commitments $ 32,995,471 $ 31,836,778 Commitments to Extend Credit Commitments to extend credit generally have fixed expiration dates, are variable rate, and contain provisions that permit the Company to terminate or otherwise renegotiate the contracts in the event of a significant deterioration in the customer’s credit quality. These arrangements normally require payment of a fee by the customer, the pricing of which is based on prevailing market conditions, credit quality, probability of funding, and other relevant factors. Since many of these commitments are expected to expire without being drawn upon, the contract amounts are not necessarily indicative of future cash requirements. NOTE 16. COMMITMENTS, CONTINGENCIES AND GUARANTEES (continued) Included within the reported balances for Commitments to extend credit at June 30, 2019 and December 31, 2018 are $6.1 billion and $5.7 billion , respectively, of commitments that can be canceled by the Company without notice. Commitments to extend credit also include amounts committed by the Company to fund its investments in CRA, LIHTC, and other equity method investments in which it is a limited partner. Letters of Credit The Company’s letters of credit meet the definition of a guarantee. Letters of credit commit the Company to make payments on behalf of its customers if specified future events occur. The guarantees are primarily issued to support public and private borrowing arrangements. The weighted average term of these commitments at June 30, 2019 was 16.0 months. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. In the event of a requested draw by the beneficiary that complies with the terms of the letter of credit, the Company would be required to honor the commitment. The Company has various forms of collateral for these letters of credit, including real estate assets and other customer business assets. The maximum undiscounted exposure related to these commitments at June 30, 2019 was $1.3 billion . The fees related to letters of credit are deferred and amortized over the life of the respective commitments, and were immaterial to the Company’s financial statements at June 30, 2019 . Management believes that the utilization rate of these letters of credit will continue to be substantially less than the amount of the commitments, as has been the Company’s experience to date. As of June 30, 2019 and December 31, 2018 , the liability related to these letters of credit was $6.0 million and $4.6 million , respectively, which is recorded within the reserve for unfunded lending commitments in Other liabilities on the Condensed Consolidated Balance Sheets . The credit risk associated with letters of credit is monitored using the same risk rating system utilized within the loan and financing lease portfolio. Also included within the reserve for unfunded lending commitments at June 30, 2019 and December 31, 2018 was the liability related to lines of credit outstanding of $81.2 million and $88.7 million , respectively. Unsecured Revolving Lines of Credit Such commitments arise primarily from agreements with customers for unused lines of credit on unsecured revolving accounts and credit cards, provided there is no violation of conditions in the underlying agreement. These commitments, substantially all of which the Company can terminate at any time and which do not necessarily represent future cash requirements, are reviewed periodically based on account usage, customer creditworthiness and loan qualifications. Loans Sold with Recourse The Company has loans sold with recourse that meet the definition of a guarantee. For loans sold with recourse under the terms of its multifamily sales program with the FNMA, the Company retained a portion of the associated credit risk. Commitments to Sell Loans The Company enters into forward contracts relating to its mortgage banking business to hedge the exposures from commitments to make new residential mortgage loans with existing customers and from mortgage loans classified as LHFS. These contracts mature in less than one year . Commitments to sell loans at June 30, 2019 include the performing residential loans that will be sold to FNMA as disclosed in Note 4. SC Commitments The following table summarizes liabilities recorded for commitments and contingencies as of March 31, 2019 and 2018, all of which are included in Accounts payable and accrued expenses in the accompanying Condensed Consolidated Balance Sheet s: Agreement or Legal Matter Commitment or Contingency June 30, 2019 December 31, 2018 (in thousands) Chrysler Agreement Revenue-sharing and gain/(loss), net-sharing payments $ 19,893 $ 7,001 Agreement with Bank of America Servicer performance fee 5,249 6,353 Agreement with Citizens Bank of Philadelphia (CBP") Loss-sharing payments 2,498 3,708 Other contingencies Consumer arrangements 596 2,138 NOTE 16. COMMITMENTS, CONTINGENCIES AND GUARANTEES (continued) Following is a description of the agreements pursuant to which the liabilities in the preceding table were recorded. Chrysler Agreement On June 28, 2019, SC entered into an amendment to the Chrysler Agreement with FCA, which modified the Chrysler Agreement to, among other things, adjust certain performance metrics, exclusivity commitments and payment provisions. Under terms of the Chrysler Agreement, SC must make revenue sharing payments to FCA and also must share with FCA when residual gains/(losses) on leased vehicles exceed a specified threshold. The Chrysler Agreement also requires that SC maintain at least $5.0 billion in funding available for floor plan loans and $4.5 billion of financing dedicated to FCA retail financing. In turn, FCA must provide designated minimum threshold percentages of its subvention business to SC. Agreement with Bank of America Until January 31, 2017, SC had a flow agreement with Bank of America whereby SC was committed to sell up to $300.0 million of eligible loans to the bank each month. SC retains servicing on all sold loans and may receive or pay a servicer performance payment based on an agreed-upon formula if performance on the sold loans is better or worse, respectively, than expected performance at the time of sale. Servicer performance payments are due six years from the cut-off date of each loan sale. Agreement with CBP Until May 2017, SC sold loans to CBP under terms of a flow agreement and predecessor sale agreements. SC retains servicing on the sold loans and owes CBP a loss-sharing payment capped at 0.5% of the original pool balance if losses exceed a specified threshold, established on a pool-by-pool basis. Loss-sharing payments are due the month in which net losses exceed the established threshold of each loan sale. The SC had accrued $2.5 million and $3.7 million at June 30, 2019 and December 31, 2018 , respectively, related to the loss-sharing obligation. Other Contingencies SC is or may be subject to potential liability under various other contingent exposures. SC had accrued $0.6 million and $2.1 million at June 30, 2019 and December 31, 2018 , respectively, for other miscellaneous contingencies. Agreements Bluestem SC is party to agreements with Bluestem whereby SC is committed to purchase certain new advances on personal revolving financings receivables, along with existing balances on accounts with new advances, originated by Bluestem for an initial term ending in April 2020 and renewing through April 2022 at Bluestem's option. As of June 30, 2019 and December 31, 2018 , the total unused credit available to customers was $3.0 billion and $3.1 billion , respectively. In 2019, SC purchased $0.6 billion of receivables, out of the $3.1 billion unused credit available to customers as of December 31, 2018. In 2018, SC purchased $1.2 billion of receivables out of the $3.9 billion unused credit available to customers as of December 31, 2017. In addition, SC purchased $75.5 million of receivables related to newly-opened customer accounts during the six months ended June 30, 2019 . Each customer account generated under the agreements generally is approved with a credit limit higher than the amount of the initial purchase, with each subsequent purchase automatically approved as long as it does not cause the account to exceed its limit and the customer is in good standing. As of June 30, 2019 and December 31, 2018 , SC was obligated to purchase $16.3 million and $15.4 million , respectively, in receivables that had been originated by Bluestem but not yet purchased by SC. SC also is required to make a profit-sharing payment to Bluestem each month if performance exceeds a specified return threshold. The agreement, among other provisions, gives Bluestem the right to repurchase up to 9.99% of the existing portfolio at any time during the term of the agreement and, provides that if the repurchase right is exercised, Bluestem has the right to retain up to 20.00% of new accounts subsequently originated. NOTE 16. COMMITMENTS, CONTINGENCIES AND GUARANTEES (continued) Others Under terms of an application transfer agreement with Nissan, SC has the first opportunity to review for its own portfolio any credit applications turned down by Nissan’s captive finance company. The agreement does not require SC to originate any loans, but for each loan originated SC will pay Nissan a referral fee. In connection with the sale of RICs through securitizations and other sales, SC has made standard representations and warranties customary to the consumer finance industry. Violations of these representations and warranties may require SC to repurchase loans previously sold to on- or off-balance sheet Trusts or other third parties. As of June 30, 2019 , there were no loans that were the subject of a demand to repurchase or replace for breach of representations and warranties for SC's ABS or other sales. In the opinion of management, the potential exposure of other recourse obligations related to SC’s RICs sale agreements is not expected to have a material adverse effect on the Company's or SC’s business, consolidated financial position, results of operations, or cash flows. Santander has provided guarantees on the covenants, agreements, and obligations of SC under the governing documents of its warehouse facilities and privately issued amortizing notes. These guarantees are limited to the obligations of SC as servicer. In November 2015, SC executed a forward flow asset sale agreement with a third party under the terms of which SC is committed to sell $350.0 million in charged-off loan receivables in bankruptcy status on a quarterly basis. However, any sale of more than $275.0 million is subject to a market price check. The remaining aggregate commitments as of June 30, 2019 and December 31, 2018 not subject to a market price check were $46.1 million and $64.0 million , respectively. Other Off-Balance Sheet Risk Other off-balance sheet risk stems from financial instruments that do not meet the definition of guarantees under applicable accounting guidance, and from other relationships that include items such as indemnifications provided in the ordinary course of business and intercompany guarantees. Legal and Regulatory Proceedings Periodically, the Company is party to, or otherwise involved in, various lawsuits, investigations, regulatory matters and other legal proceedings that arise in the ordinary course of business. In view of the inherent difficulty of predicting the outcome of any such lawsuit, investigation, regulatory matter and/or legal proceeding, particularly where the claimants seek very large or indeterminate damages or where the matters present novel legal theories or involve a large number of parties, the Company generally cannot predict the eventual outcome of the pending matters, the timing of the ultimate resolution of the matters, or the eventual loss, fines or penalties related to the matters. Accordingly, except as provided below, the Company is unable to reasonably estimate a range of its potential exposure, if any, to these lawsuits, investigations, regulatory matters and other legal proceedings at this time. However, it is reasonably possible that actual outcomes or losses may differ materially from the Company's current assessments and estimates, and any adverse resolution of any of these matters against it could have a material adverse effect on the Company's financial position, liquidity, and results of operations. In accordance with applicable accounting guidance, the Company establishes an accrued liability for litigation, investigations, regulatory matters and other legal proceedings when those matters present material loss contingencies that are both probable and estimable. In such cases, there may be an exposure to loss in excess of any amounts accrued. When a loss contingency is not both probable and estimable, the Company does not establish an accrued liability. As a litigation, investigation or regulatory matter develops, the Company, in conjunction with any outside counsel handling the matter, evaluates on an ongoing basis whether the matter presents a material loss contingency that is probable and estimable. If a determination is made during a given quarter that a material loss contingency is probable and estimable, an accrued liability is established during such quarter with respect to such loss contingency, and the Company continues to monitor the matter for further developments that could affect the amount of the accrued liability previously established. As of June 30, 2019 and December 31, 2018 , the Company accrued aggregate legal and regulatory liabilities of $258.5 million and $215.2 million , respectively. Further, the Company estimates the aggregate range of reasonably possible losses for legal and regulatory proceedings in excess of reserves of up to $220 million as of June 30, 2019 . Set forth below are descriptions of the material lawsuits, regulatory matters and other legal proceedings to which the Company is subject. NOTE 16. COMMITMENTS, CONTINGENCIES AND GUARANTEES (continued) SHUSA Matters On March 21, 2017, SC and SHUSA entered into a written agreement with the FRB of Boston. Under the terms of that agreement, SC is required to enhance its compliance risk management program, board oversight of risk management and senior management oversight of risk management, and SHUSA is required to enhance its oversight of SC's management and operations. JPMorgan Chase Mortgage Loan Sale Indemnity Demand In connection with a 2007 sale by Sovereign Bank of approximately 35,000 second lien mortgage loans to JPMorgan Chase & Co. and certain of its subsidiaries, including EMC Mortgage LLC (collectively, “Chase”), Chase has asserted an indemnity claim against SBNA of approximately $40.0 million under the mortgage loan purchase agreement based on alleged breaches of representations and warranties. The parties are in discussions concerning this matter. SC Matters Securities Class Action and Shareholder Derivative Lawsuits Deka Lawsuit: SC is a defendant in a purported securities class action lawsuit (the "Deka Lawsuit") in the United States District Court, Northern District of Texas, captioned Deka Investment GmbH et al. v. Santander Consumer USA Holdings Inc. et al., No. 3:15-cv-2129-K. The Deka Lawsuit, which was filed in August 2014, was brought against SC, certain of its current and former directors and executive officers and certain institutions that served as underwriters in SC's initial public offering (the "IPO"), including SIS, on behalf of a class consisting of those who purchased or otherwise acquired SC securities between January 23, 2014 and June 12, 2014. The complaint alleges, among other things, that the IPO registration statement and prospectus and certain subsequent public disclosures violated federal securities laws by containing misleading statements concerning SC’s ability to pay dividends and the adequacy of SC’s compliance systems and oversight. In December 2015, SC and the individual defendants moved to dismiss the lawsuit, which was denied. In December 2016, the plaintiffs moved to certify the proposed classes. In July 2017, the court entered an order staying the Deka Lawsuit pending the resolution of the appeal of a class certification order in In re Cobalt Int’l Energy, Inc. Sec. Litig., No. H-14-3428, 2017 U.S. Dist. LEXIS 91938 (S.D. Tex. June 15, 2017). In October 2018, the court vacated the order staying the Deka Lawsuit but ordered that merits discovery be stayed until the court ruled on the issue of class certification. Feldman Lawsuit: In October 2015, a shareholder derivative complaint was filed in the Court of Chancery of the State of Delaware, captioned Feldman v. Jason A. Kulas, et al., C.A. No. 11614 (the "Feldman Lawsuit"). The Feldman Lawsuit names as defendants, certain of its current and former members of SC’s Board of Directors, and names SC as a nominal defendant. The complaint alleges, among other things, that the current and former director defendants breached their fiduciary duties in connection with overseeing SC’s nonprime auto lending practices, resulting in harm to SC. The complaint seeks unspecified damages and equitable relief. In December 2015, the Feldman Lawsuit was stayed pending the resolution of the Deka Lawsuit. Parmelee Lawsuits: SC is a defendant in two purported securities class action lawsuits filed in March and April 2016 in the United States District Court, Northern District of Texas. The lawsuits were consolidated and are now captioned Parmelee v. Santander Consumer USA Holdings Inc. et al., No. 3:16-cv-783. The lawsuits were filed against SC and certain of its current and former directors and executive officers on behalf of a class consisting of all those who purchased or otherwise acquired SC securities between February 3, 2015 and March 15, 2016. The complaint alleges that SC violated federal securities laws by making false or misleading statements, as well as failing to disclose material adverse facts, in its periodic reports filed under the Securities Exchange Act of 1934, as amended (the "Exchange Act") and certain other public disclosures, in connection with, among other things, SC’s change in its methodology for estimating its ACL and the correction of such ACL for prior periods. In March 2017, the company filed a motion to dismiss the lawsuit. In January 2018, the court granted SC’s motion as to defendant Ismail Dawood (SC’s former Chief Financial Officer) and denied the motion as to all other defendants. In July 2018, the lead plaintiff filed an unopposed motion for preliminary approval of a class action settlement of the lawsuit for a cash payment of $9.5 million . In September 2018, the court entered an order granting the motion for preliminary approval of the settlement of the lawsuit. An order approving the settlement was entered in June 2019. Jackie888 Lawsuit: In September 2016, a shareholder derivative complaint was filed in the Court of Chancery of the State of Delaware captioned Jackie888, Inc. v. Jason Kulas, et al., C.A. # 12775 (the "Jackie888 Lawsuit"). The Jackie888 Lawsuit names as defendants current and former members of SC’s Board of Directors, and names SC as a nominal defendant. The complaint alleges, among other things, that the defendants breached their fiduciary duties in connection with SC’s accounting practices and controls. The complaint seeks unspecified damages and equitable relief. In April 2017, the Jackie888 Lawsuit was stayed pending the resolution of the Deka Lawsuit. NOTE 16. COMMITMENTS, CONTINGENCIES AND GUARANTEES (continued) Consumer Lending Cases SC is also party to various lawsuits pending in federal and state courts alleging violations of state and federal consumer lending laws, including, without limitation, the Equal Credit Opportunity Act (the “ECOA”), the Fair Debt Collection Practices Act, the Fair Credit Reporting Act, Section 5 of the Federal Trade Commission Act, the Telephone Consumer Protection Act, the Truth in Lending Act, wrongful repossession laws, usury laws and laws related to unfair and deceptive acts or practices. In general, these cases seek damages and equitable and/or other relief. Regulatory Investigations and Proceedings SC is party to, or is periodically otherwise involved in, reviews, investigations, examinations and proceedings (both formal and informal), and information-gathering requests, by government and self-regulatory agencies, including the FRB of Boston, the CFPB, the Department of Justice (the “DOJ”), the SEC, the Federal Trade Commission and various state regulatory and enforcement agencies. Currently, such matters include, but are not limited to, the following: • SC received a civil subpoena from the DOJ under Financial Institutions Reform, Recovery and Enforcement Act requesting the production of documents and communications that, among other things, relate to the underwriting and securitization of nonprime vehicle loans. SC has responded to these requests within the deadlines specified in the subpoenas and has otherwise cooperated with the DOJ with respect to this matter. • In October 2014, May 2015, July 2015 and February 2017, SC received subpoenas and/or civil investigative demands ("CIDs") from the Attorneys General of California, Illinois, Oregon, New Jersey, Maryland and Washington under the authority of each state's consumer protection statutes. SC has been informed that these states will serve as an executive committee on behalf of a group of 33 state Attorneys General (and the District of Columbia). The subpoenas and/or CIDs from the executive committee states contain broad requests for information and the production of documents related to SC’s underwriting, securitization, servicing and collection of nonprime vehicle loans. SC has responded to these requests within the deadlines specified in the CIDs, and has otherwise cooperated with the Attorneys General with respect to this matter. • In August 2017, SC received a CID from the CFPB. The stated purpose of the CID was to determine whether SC has complied with the Fair Credit Reporting Act and related regulations. SC has responded to these requests within the deadlines specified in the CID and has otherwise cooperated with the CFPB with respect to this matter. Mississippi Attorney General Lawsuit In January 2017, the Attorney General of the State of Mississippi (the "Mississippi AG") filed a lawsuit against SC in the Chancery Court of the First Judicial District of Hinds County, State of Mississippi, captioned State of Mississippi ex rel. Jim Hood, Attorney General of the State of Mississippi v. Santander Consumer USA Inc., C.A. # G-2017-28. The complaint alleges that SC engaged in unfair and deceptive business practices to induce Mississippi consumers to apply for loans that they could not afford. The complaint asserts claims under the Mississippi Consumer Protection Act and seeks unspecified civil penalties, equitable relief and other relief. In March 2017, SC filed motions to dismiss the lawsuit and the parties are proceeding with discovery. Servicemembers’ Civil Relief Act (“SCRA ” ) Consent Order In February 2015, SC entered into a consent order with the DOJ, approved by the United States District Court for the Northern District of Texas, which resolves the DOJ's claims against SC that certain of its repossession and collection activities during the period between January 2008 and February 2013 violated the SCRA. The consent order requires SC to pay a civil fine in the amount of $55,000 , as well as at least $9.4 million to affected servicemembers consisting of $10,000 per servicemember plus compensation for any lost equity (with interest) for each repossession by SC, and $5,000 per servicemember for each instance where SC sought to collect repossession-related fees on accounts where a repossession was conducted by a prior account holder. The consent order also provides for monitoring by the DOJ of SC’s SCRA compliance for a period of five years and requires SC to undertake certain additional remedial measures. IHC Matters Periodically, SSLLC is party to pending and threatened legal actions and proceedings, including Financial Industry Regulatory Authority (“FINRA”) arbitration actions and class action claims. NOTE 16. COMMITMENTS, CONTINGENCIES AND GUARANTEES (continued) Puerto Rico FINRA Arbitrations As of June 30, 2019 , SSLLC had received 670 FINRA arbitration cases related to Puerto Rico bonds and Puerto Rico closed-end funds ("CEFs"), generally, that SSLLC previously recommended and/or sold to clients. Most of these cases are based upon concerns regarding the local Puerto Rico securities market. The statements of claims allege, among other things, fraud, negligence, breach of fiduciary duty, breach of contract, unsuitability, over-concentration and failure to supervise. There were 441 arbitration cases pending as of June 30, 2019 . The Company believes its reasonably possible it could experience an increase in claims in future periods. Puerto Rico Class Actions SSLLC, Santander BanCorp, BSPR, the Company and Santander are defendants in a putative class action alleging federal securities and common law claims relating to the solicitation and purchase of more than $180.0 million of Puerto Rico bonds and $101.0 million of CEFs during the period from December 2012 to October 2013. The case is pending in the United States District Court for the District of Puerto Rico and is captioned Jorge Ponsa-Rabell, et. al. v. SSLLC, Civ. No. 3:17-cv-02243. The amended complaint alleges that defendants acted in concert to defraud purchasers in connection with the underwriting and sale of Puerto Rico municipal bonds, CEFs and open-end funds. In May 2019, the defendants filed a motion to dismiss the amended complaint. Mexican Government Bonds Consolidated Purported Antitrust Class Action : A consolidated purported antitrust class action is pending in the United States District Court, Southern District of New York, captioned In re Mexican Government Bonds Antitrust Litigation, No. 1:18-cv-02830-JPO (the “MGB Lawsuit”). The MGB Lawsuit is against the Company, SIS, Santander, Banco Santander (Mexico), S.A. Institucion de Banca Multiple, Grupo Financiero Santander and Santander Investment Bolsa, Sociedad de Valores, S.A. on behalf of a class of persons who entered into Mexican government bond (“MGB”) transactions between January 1, 2006 and April 19, 2017, where such persons were either domiciled in the United States or, if domiciled outside the United States, transacted in the United States. The complaint alleges, among other things, that the Santander defendants and the other defendants violated U.S. antitrust laws by conspiring to rig auctions and/or fix prices of MGBs. On September 17, 2018, the defendants filed motions to dismiss the consolidated complaint. These matters are ongoing and could in the future result in the imposition of damages, fines or other penalties. No assurance can be given that the ultimate outcome of these matters or any resulting proceedings would not materially and adversely affect the Company's business, financial condition and results of operations.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
	Jun. 30, 2019
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS The Company has various debt agreements with Santander. For a listing of these debt agreements, see Note 11 to the Consolidated Financial Statements of the Company's Annual Report on Form 10-K for the year ended December 31, 2018 . The Company and its affiliates also entered into or were subject to various service agreements with Santander and its affiliates. Each of these agreements was made in the ordinary course of business and on market terms. Contributions from Santander that impact common stock and paid-in capital within the Condensed Consolidated Statements of Stockholder's Equity are disclosed within the table below: Six-Month Period Ended June 30, (in thousands) 2019 2018 Cash contribution $ 75,901 $ 5,741 Adjustment to book value of assets purchased on January 1 — 277 Deferred tax asset on purchased assets — 3,156 Contribution from shareholder $ 75,901 $ 9,174 NOTE 17. RELATED PARTY TRANSACTIONS (continued) On January 1, 2018, the Company purchased certain assets and assumed certain liabilities of Produban Servicios Informaticos Generales S.L. and Ingenieria De Software Bancario S.L., both affiliates of Santander. The book value and fair value of the net assets acquired was $2.8 million and $15.3 million respectively. Related to this transaction, in 2017, the Company received a net capital contribution from Santander of $2.8 million , representing cash received of $15.3 million and a return of capital of $12.5 million for the difference between the fair value of the assets purchased and the book value on the balance sheets of the affiliates. The Company re-evaluated the assets received on January 1, 2018 and recorded an additional $0.3 million to additional paid-in capital. The Company contributed these assets at book value of $3.1 million to SBNA, a subsidiary of the Company, on January 1, 2018. During the first quarter of 2018, the Company recorded a $3.2 million deferred tax asset on the assets purchased by the Company to establish the intangible under Section 197 of the Internal Revenue Code. During the six-month period ended June 30, 2019, the Company received a $75.9 million capital contribution from Santander. On March 29, 2017, SC entered into a Master Securities Purchase Agreement ("MSPA") with Santander, under which it has the option to sell a contractually determined amount of eligible prime loans to Santander through the SPAIN trust securitization platform, for a term that ended in December 2018. SC provided servicing on all loans originated under this arrangement. For the three-month and six-month periods ended June 30, 2018 , SC sold $1.2 billion and $2.6 billion of loans, respectively. at fair value under this MSPA. Total losses of $3.2 million and $20.1 million were recognized for the three-month and six-month periods ended June 30, 2018 , respectively. Servicing fee income of $7.7 million and $16.1 million was recognized in the Condensed Consolidated Statements of Operations for the three-month and six-month periods ended June 30, 2019 , respectively, and $8.6 million and $15.8 million for the three-month and six-month periods ended June 30, 2018 , respectively. SC had $16.1 million and $16.0 million of collections due to Santander as of June 30, 2019 and June 30, 2018 , respectively. Beginning in 2018, SC agreed to provide SBNA with origination support services in connection with the processing, underwriting, and purchase of RICs, primarily from Chrysler dealers. In addition, SC agreed to perform the servicing for any RICs originated on SBNA's behalf.

BUSINESS SEGMENT INFORMATION

BUSINESS SEGMENT INFORMATION	6 Months Ended
	Jun. 30, 2019
Segment Reporting [Abstract]
BUSINESS SEGMENT INFORMATION	BUSINESS SEGMENT INFORMATION Business Segment Products and Services The Company’s reportable segments are focused principally around the customers the Company serves. During the fourth quarter of 2018, the Chief Operating Decision Maker (the “CODM”) drove a reorganization of the Company's business leadership to better align the teams with how the CODM allocates resources and assesses business performance. Changes were made to the internal management reporting in 2019 and, accordingly, beginning in the first quarter of 2019, the prior Commercial Banking segment is now reported as two separate reportable segments: C&I and CRE & Vehicle Finance (“VF”). All prior period results have been recast to conform to the new composition of reportable segments. The Company has identified the following reportable segments: • The Consumer and Business Banking segment includes the products and services provided to Bank consumer and business banking customers, including consumer deposit, business banking, residential mortgage, unsecured lending and investment services. This segment offers a wide range of products and services to consumers and business banking customers, including demand and interest-bearing demand deposit accounts, money market and savings accounts, CDs and retirement savings products. It also offers lending products such as credit cards, mortgages, home equity lines of credit, and business loans such as business lines of credit and commercial cards. In addition, the Bank provides investment services to its retail customers, including annuities, mutual funds, and insurance products. Santander Universities, which provides grants and scholarships to universities and colleges as a way to foster education through research, innovation and entrepreneurship, is the last component of this segment. • The C&I segment currently provides commercial lines, loans, letters of credit, receivables financing and deposits to medium- and large-sized commercial customers, as well as financing and deposits for government entities. This segment also provides niche product financing for specific industries. • The CRE & VF segment offers CRE loans and multifamily loans to customers. This segment also offers commercial loans to dealers and financing for commercial equipment and vehicles. NOTE 18. BUSINESS SEGMENT INFORMATION (continued) • The CIB segment serves the needs of global commercial and institutional customers by leveraging the international footprint of Santander to provide financing and banking services to corporations with over $500 million in annual revenues. CIB also includes SIS, a registered broker-dealer located in New York that provides services in investment banking, institutional sales, and trading and offering research reports of Latin American and European equity and fixed-income securities. CIB's offerings and strategy are based on Santander's local and global capabilities in wholesale banking. • SC is a specialized consumer finance company focused on vehicle finance and third-party servicing. SC’s primary business is the indirect origination of RICs, principally through manufacturer-franchised dealers in connection with their sale of new and used vehicles to retail consumers. In conjunction with the Chrysler Agreement, SC offers a full spectrum of auto financing products and services to FCA customers and dealers under the Chrysler Capital brand. These products and services include consumer RICs and leases, as well as dealer loans for inventory, construction, real estate, working capital and revolving lines of credit. SC also originates vehicle loans through a web-based direct lending program, purchases vehicle RICs from other lenders, and services automobile, recreational and marine vehicle portfolios for other lenders. During 2015, SC announced its intention to exit the personal lending business. SC has entered into a number of intercompany agreements with the Bank as described above as part of the Other segment. All intercompany revenue and fees between the Bank and SC are eliminated in the consolidated results of the Company. The Other category includes certain immaterial subsidiaries such as BSI, BSPR, SSLLC, and SFS, the unallocated interest expense on the Company's borrowings and other debt obligations and certain unallocated corporate income and indirect expenses. This category also includes the Bank’s community development finance activities, including originating CRA-eligible loans and making CRA-eligible investments. The Company’s segment results, excluding SC and the entities that have been transferred to the IHC, are derived from the Company’s business unit profitability reporting system by specifically attributing managed balance sheet assets, deposits and other liabilities and their related interest income or expense to each of the segments. Funds transfer pricing ("FTP") methodologies are utilized to allocate a cost for funds used or a credit for funds provided to business line deposits, loans and selected other assets using a matched funding concept. The methodology includes a liquidity premium adjustment, which considers an appropriate market participant spread for commercial loans and deposits by analyzing the mix of borrowings available to the Company with comparable maturity periods. Other income and expenses are managed directly by each reportable segment, including fees, service charges, salaries and benefits, and other direct expenses, as well as certain allocated corporate expenses, and are accounted for within each segment’s financial results. Accounting policies for the lines of business are the same as those used in preparation of the Condensed Consolidated Financial Statements with respect to activities specifically attributable to each business line. However, the preparation of business line results requires management to establish methodologies to allocate funding costs and benefits, expenses and other financial elements to each line of business. Where practical, the results are adjusted to present consistent methodologies for the segments. The application and development of management reporting methodologies is a dynamic process and is subject to periodic enhancements. The implementation of these enhancements to the internal management reporting methodology may materially affect the results disclosed for each segment with no impact on consolidated results. Whenever significant changes to management reporting methodologies take place, prior period information is reclassified wherever practicable. The CODM manages SC on a historical basis by reviewing the results of SC on a pre-Change in Control basis. The Results of Segments table discloses SC's operating information on the same basis that it is reviewed by the CODM. The adjustments column includes adjustments to reconcile SC's GAAP results to SHUSA's consolidated results. NOTE 18. BUSINESS SEGMENT INFORMATION (continued) Results of Segments The following tables present certain information regarding the Company’s segments. For the Three-Month Period Ended SHUSA Reportable Segments June 30, 2019 Consumer & Business Banking C&I CRE & VF CIB Other (2) SC (3) SC Purchase Price Adjustments (4) Eliminations (4) Total (in thousands) Net interest income $ 374,187 $ 57,428 $ 105,148 $ 40,033 $ 30,715 $ 992,485 $ 9,802 $ 11,927 $ 1,621,725 Non-interest income 86,543 16,738 3,194 54,423 114,251 713,737 2,313 (28,215 ) 962,984 Provision for/(release of) credit losses 40,215 6,925 3,534 (4,188 ) 4,622 430,676 (1,152 ) — 480,632 Total expenses 404,102 59,508 32,593 66,120 181,599 795,514 9,860 (6,910 ) 1,542,386 Income/(loss) before income taxes 16,413 7,733 72,215 32,524 (41,255 ) 480,032 3,407 (9,378 ) 561,691 Intersegment revenue/(expense) (1) 581 1,053 1,782 (3,401 ) (15 ) — — — — For the Six-Month Period Ended SHUSA Reportable Segments June 30, 2019 Consumer & Business Banking C&I CRE & VF CIB Other (2) SC (3) SC Purchase Price Adjustments (4) Eliminations (4) Total (in thousands) Net interest income $ 739,164 $ 110,771 $ 207,714 $ 78,068 $ 71,904 $ 1,976,050 $ 17,126 $ 23,813 $ 3,224,610 Non-interest income 161,200 33,010 6,433 106,629 206,633 1,389,291 4,314 (49,079 ) 1,858,431 Provision for/(release of) credit losses 77,215 15,585 3,400 (2,746 ) 8,393 981,555 (2,559 ) — 1,080,843 Total expenses 794,073 114,183 62,667 132,560 406,301 1,566,487 20,390 (11,860 ) 3,084,801 Income/(loss) before income taxes 29,076 14,013 148,080 54,883 (136,157 ) 817,299 3,609 (13,406 ) 917,397 Intersegment revenue/(expense) (1) 976 2,304 3,791 (7,071 ) — — — — — Total assets 22,801,820 7,442,924 18,809,753 10,178,060 38,261,781 46,416,093 — — 143,910,431 (1) Intersegment revenue/(expense) represents charges or credits for funds used or provided by each of the segments and is included in net interest income. (2) Other includes the results of the entities transferred to the IHC, earnings from non-strategic assets, the investment portfolio, interest expense on the Bank’s and the Company's borrowings and other debt obligations, amortization of intangible assets and certain unallocated corporate income and indirect expenses. (3) Management of SHUSA manages SC by analyzing the pre-Change in Control results of SC as disclosed in this column. (4) SC Purchase Price Adjustments represents the impact that SC purchase marks had on the results of SC included within the consolidated operations of SHUSA, while eliminations eliminate intercompany transactions. NOTE 18. BUSINESS SEGMENT INFORMATION (continued) For the Three-Month Period Ended SHUSA Reportable Segments June 30, 2018 Consumer & Business Banking C&I CRE & VF CIB Other (2) SC (3) SC Purchase Price Adjustments (4) Eliminations (4) Total (in thousands) Net interest income $ 315,509 $ 57,019 $ 104,349 $ 30,958 $ 66,380 $ 1,001,042 $ 7,693 $ 9,136 $ 1,592,086 Non-interest income 70,251 17,411 (453 ) 64,692 108,877 567,693 2,869 (12,167 ) 819,173 Provision for/(release of) credit losses 18,283 (22,510 ) 9,510 3,764 8,620 406,544 9,592 — 433,803 Total expenses 387,110 59,064 30,398 58,292 193,015 713,045 11,683 (2,858 ) 1,449,749 Income/(loss) before income taxes (19,633 ) 37,876 63,988 33,594 (26,378 ) 449,146 (10,713 ) (173 ) 527,707 Intersegment revenue/(expense) (1) 521 1,401 1,161 (3,527 ) 444 — — — — For the Six-Month Period Ended SHUSA Reportable Segments June 30, 2018 Consumer & Business Banking C&I CRE & VF CIB Other (2) SC (3) SC Purchase Price Adjustments (4) Eliminations (4) Total (in thousands) Net interest income $ 619,560 $ 113,669 $ 203,219 $ 63,679 $ 129,338 $ 1,977,184 $ 17,588 $ 18,194 $ 3,142,431 Non-interest income 153,652 50,102 707 115,275 219,355 1,099,429 5,555 (23,695 ) 1,620,380 Provision for/(release of) credit losses 56,672 (30,411 ) 7,669 1,709 14,958 916,885 20,201 — 987,683 Total expenses 781,096 115,028 60,795 116,088 392,253 1,407,915 23,412 (5,479 ) 2,891,108 Income/(loss) before income taxes (64,556 ) 79,154 135,462 61,157 (58,518 ) 751,813 (20,470 ) (22 ) 884,020 Intersegment revenue/(expense) (1) 1,198 3,306 1,714 (5,808 ) (410 ) — — — — Total assets 19,088,996 6,776,531 18,348,263 7,832,197 36,919,571 41,157,189 — — 130,122,747 (1) Intersegment revenue/(expense) represents charges or credits for funds used or provided by each of the segments and is included in net interest income. (2) Other includes the results of the entities transferred to the IHC, earnings from non-strategic assets, the investment portfolio, interest expense on the Bank’s and the Company's borrowings and other debt obligations, amortization of intangible assets and certain unallocated corporate income and indirect expenses. (3) Management of SHUSA manages SC by analyzing the pre-Change in Control results of SC as disclosed in this column. (4) SC Purchase Price Adjustments represents the impact that SC purchase marks had on the results of SC included within the consolidated operations of SHUSA, while eliminations eliminate intercompany transactions.

BASIS OF PRESENTATION AND ACC_2

BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation These Condensed Consolidated Financial Statements include accounts of the Company and its consolidated subsidiaries, and certain special purpose financing trusts that are considered VIEs. The Company generally consolidates VIEs for which it is deemed to be the primary beneficiary and voting interest entities ("VOEs") in which the Company has a controlling financial interest. All significant intercompany balances and transactions have been eliminated in consolidation. These Condensed Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States ("GAAP") and pursuant to SEC regulations. Additionally, where applicable, the Company's accounting policies conform to the accounting and reporting guidelines prescribed by bank regulatory authorities. In the opinion of management, the accompanying Condensed Consolidated Financial Statements reflect all adjustments of a normal and recurring nature necessary for a fair statement of the Condensed Consolidated Balance Sheets , Statements of Operations , Statements of Comprehensive Income , Statements of Stockholder's Equity and Statements of Cash Flows ("SCF") for the periods indicated, and contain adequate disclosure to make the information presented not misleading. These Condensed Consolidated Financial Statements should be read in conjunction with the Company's Annual Report on Form 10-K for the year ended December 31, 2018 .
Recently Adopted Accounting Standards and Recent Accounting Developments	Recently Adopted Accounting Standards Since January 1, 2019, the Company adopted the following Financial Accounting Standards Board ("FASB") Accounting Standards Updates (“ASUs"): • ASU 2016-02, Leases (Topic 842) . The Company adopted this standard as of January 1, 2019, resulting in the recognition of a right of-use (“ROU”) asset ( $664.1 million ) and lease liability ( $705.7 million ) in the Consolidated Balance Sheet for all operating leases with a term greater than 12 months. The Company adopted the ASU using the modified retrospective approach, with application at the adoption date and a cumulative-effect adjustment to the opening balance of retained earnings. Under this approach, comparative periods were not adjusted. We elected the package of practical expedients permitted under transition guidance, which allowed us to carry forward the historical lease classification. We also elected not to recognize a lease liability and associated ROU asset for short-term leases. We did not elect (1) the hindsight practical expedient when determining the lease term and (2) the practical expedient to not separate non-lease components from lease components. The ASU required the Company to accelerate the recognition of $18.7 million of previously deferred gains on sale-leaseback transactions, with such impact recorded to the opening balance of Retained earnings. The ROU asset and lease liability will subsequently be de-recognized in a manner that effectively yields a straight-line lease expense over the lease term. Lessee accounting requirements for finance leases (previously described as capital leases) and lessor accounting requirements for operating, sales-type, and direct financing leases (sales-type and direct financing leases were both previously referred to as capital leases) are largely unchanged. This standard did not materially affect our Consolidated Statements of Operations or SCF. • In August 2018, the FASB issued ASU 2018-15, Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract. This ASU aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. The capitalized costs will be presented with Other assets on the balance sheet, and the amortization expense will be presented in the Technology, outside service, and marketing expense line of the Statement of Operations. The Company has early adopted this standard effective January 1, 2019 and it did not have a material impact on the Company's Condensed Consolidated Financial Statements and related disclosures. The adoption of the following ASUs did not have an impact on the Company's financial position or results of operations: • ASU 2017-08, Receivables - Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities. • ASU 2017-11, Earnings Per Share (Topic 260); Distinguishing Liabilities from Equity (Topic 480); Derivatives and Hedging (Topic 815): (Part I) Accounting for Certain Financial Instruments with Down Round Features, (Part II) Replacement of the Indefinite Deferral for Mandatorily Redeemable Financial Instruments of Certain Nonpublic Entities and Certain Mandatorily Redeemable Noncontrolling Interests with a Scope Exception. • ASU 2018-07, Compensation - Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting. • ASU 2018-16, Derivatives and Hedging (Topic 815), Inclusion of the Secured Overnight Financing Rate (SOFR) Overnight Index Swap (OIS) Rate as a Benchmark Interest Rate for Hedge Accounting Purposes. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments . This guidance significantly changes how entities will measure credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. The standard will replace today’s “incurred loss” approach with an “expected loss” model for instruments measured at amortized cost. For AFS debt securities, entities will be required to record allowances rather than reduce the carrying amount, as they do today under the OTTI model. The standard also simplifies the accounting model for purchased credit-impaired debt securities and loans. The guidance will be effective for the Company for the first reporting period beginning after December 15, 2019, including interim periods within that year. The Company does not intend to adopt this ASU early and is currently evaluating the impact the new guidance will have on its financial position, results of operations and cash flows; however, it is expected that the new current expected credit loss model will alter the assumptions used in calculating the Company's allowance for credit losses ("ACL"), given the change to estimated losses for the estimated life of the financial asset, and will likely result in material increases to the Company's ACL and related decreases to capital ratios. In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement . This ASU removes the requirement to disclose the amount of and reasons for transfers between Level 1 and Level 2 of the fair value hierarchy, the policy for timin g of transfers between levels, and the valuation processes for Level 3 fair value measurements. This ASU requires disclosure of changes in unrealized gains and losses for the period included in OCI (loss) for recurring Level 3 fair value measurements held at the end of the reporting period and the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements. This new guidance will be effective for fiscal years beginning after December 15, 2019 and interim periods within those fiscal years. Early adoption is permitted. The Company is currently evaluating the effect the new guidance will have on its Consolidated Financial Statements and related disclosures. In addition to those described in detail above, the Company is in the process of evaluating ASU 2018-17, Consolidation (Topic 810): Targeted Improvements to Related Party Guidance for Variable Interest Entities , but does not expect it to have a material impact on the Company's financial position, results of operations, or disclosures.
Commercial Lending Asset Quality Indicators	Commercial Lending Asset Quality Indicators The Company's Risk Department performs a credit analysis and classifies certain loans over an internal threshold based on the commercial lending classifications described below: PASS. Asset is well-protected by the current net worth and paying capacity of the obligor or guarantors, if any, or by the fair value less costs to acquire and sell any underlying collateral in a timely manner. SPECIAL MENTION. Asset has potential weaknesses that deserve management’s close attention, which, if left uncorrected, may result in deterioration of the repayment prospects for an asset at some future date. Special mention assets are not adversely classified. NOTE 4. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) SUBSTANDARD. Asset is inadequately protected by the current net worth and paying capacity of the obligor or by the collateral pledged, if any. A well-defined weakness or weaknesses exist that jeopardize the liquidation of the debt. The loans are characterized by the distinct possibility that the Company will sustain some loss if deficiencies are not corrected. DOUBTFUL. Exhibits the inherent weaknesses of a substandard credit. Additional characteristics exist that make collection or liquidation in full highly questionable and improbable, on the basis of currently known facts, conditions and values. Possibility of loss is extremely high, but because of certain important and reasonable specific pending factors which may work to the advantage and strengthening of the credit, an estimated loss cannot yet be determined. LOSS. Credit is considered uncollectible and of such little value that it does not warrant consideration as an active asset. There may be some recovery or salvage value, but there is doubt as to whether, how much or when the recovery would occur.
TDRs	Commercial Loan TDRs All of the Company’s commercial loan modifications are based on the circumstances of the individual customer, including specific customers' complete relationships with the Company. Loan terms are modified to meet each borrower’s particular circumstances at a point in time and may allow for modifications such as term extensions and interest rate reductions. Modifications for commercial loan TDRs generally, although not always, result in bifurcation of the original loan into A and B notes. The A note is restructured to allow for upgraded risk rating and return to accrual status after a sustained period of payment performance has been achieved (typically six months for monthly payment schedules). The B note, if any, is structured as a deficiency note; the balance is charged off but the debt is usually not forgiven. Commercial TDRs are generally placed on non-accrual status until the Company believes repayment under the revised terms is reasonably assured and a sustained period of repayment performance has been achieved (typically six months for a monthly amortizing loan). TDRs are subject to analysis for specific reserves by either calculating the present value of expected future cash flows or, if collateral-dependent, calculating the fair value of the collateral less its estimated cost to sell. The TDR classification will remain on the loan until it is paid in full or liquidated. Consumer Loan TDRs The primary modification program for the Company’s residential mortgage and home equity portfolios is a proprietary program designed to keep customers in their homes and, when appropriate, prevent them from entering into foreclosure. The program is available to all customers facing a financial hardship regardless of their delinquency status. The main goal of the modification program is to review the customer’s entire financial condition to ensure that the proposed modified payment solution is affordable according to a specific DTI ratio range. The main modification benefits of the program allow for term extensions, interest rate reductions, and/or deferment of principal. The Company reviews each customer on a case-by-case basis to determine which benefit or combination of benefits will be offered to achieve the target DTI range. For the Company’s other consumer portfolios, including RICs and auto loans, the terms of the modifications generally include one or a combination of: a reduction of the stated interest rate of the loan to a rate of interest lower than the current market rate for new debt with similar risk or an extension of the maturity date. NOTE 4. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Consumer TDRs excluding RICs are generally placed on non-accrual status until the Company believes repayment under the revised terms is reasonably assured and a sustained period of repayment performance has been achieved (typically six months for a monthly amortizing loan). Any loan that has remained current for the six months immediately prior to modification will remain on accrual status after the modification is implemented. RIC TDRs are placed on nonaccrual status when the Company believes repayment under the revised terms is not reasonably assured, and considered for return to accrual when a sustained period of repayment performance has been achieved. The TDR classification will remain on the loan until it is paid in full or liquidated. In addition to loans identified as TDRs above, the guidance also requires loans discharged under Chapter 7 bankruptcy proceedings to be considered TDRs and collateral-dependent, regardless of delinquency status. TDRs that are collateral-dependent loans must be written down to the fair market value of the collateral, less costs to sell and classified as non-accrual/NPLs for the remaining life of the loan. TDR Impact to ALLL The ALLL is established to recognize losses inherent in funded loans intended to be HFI that are probable and can be reasonably estimated. Prior to loans being placed in TDR status, the Company generally measures its allowance under a loss contingency methodology in which consumer loans with similar risk characteristics are pooled and loss experience information is monitored for credit risk and deterioration with statistical tools considering factors such as delinquency, LTV and credit scores. Upon TDR modification, the Company generally measures impairment based on a present value of expected future cash flows methodology considering all available evidence, by discounting expected future cash flows using the original effective interest rate or fair value of collateral less costs to sell. The amount of the required ALLL is equal to the difference between the loan’s impaired value and the recorded investment. RIC TDRs that subsequently default continue to have impairment measured based on the difference between the recorded investment of the RIC and the present value of expected cash flows. For the Company's other consumer TDR portfolios, impairment on subsequent defaults is generally measured based on the fair value of the collateral, if applicable, less its estimated cost to sell. Typically, commercial loans whose terms are modified in a TDR will have been identified as impaired prior to modification and accounted for generally using a present value of expected future cash flows methodology, unless the loan is considered collateral-dependent. Loans considered collateral-dependent are measured for impairment based on their fair values of collateral less estimated cost to sell. Accordingly, upon TDR modification or if a TDR modification subsequently defaults, the allowance methodology remains unchanged.

BASIS OF PRESENTATION AND ACC_3

BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Tables)	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Schedule of Error Corrections and Prior Period Adjustments	The following tables summarize the impacts of the corrections on the Company's Condensed Consolidated Statement of Operations for the periods indicated: For the three-month period ended For the six-month period ended June 30, 2018 June 30, 2018 As Reported Corrections As Revised As Reported Corrections Revised INTEREST INCOME Loans $ 1,813,853 $ 54,470 $ 1,868,323 $ 3,561,579 $ 108,873 $ 3,670,452 TOTAL INTEREST INCOME 1,946,603 54,470 2,001,073 3,822,660 108,873 3,931,533 NET INTEREST INCOME 1,537,616 54,470 1,592,086 3,033,558 108,873 3,142,431 Provision for credit losses 379,834 53,969 433,803 882,368 105,315 987,683 NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 1,157,782 501 1,158,283 2,151,190 3,558 2,154,748 Income tax provision / (benefit) 168,035 116 168,151 263,356 857 264,213 NET INCOME including NCI 359,171 385 359,556 617,107 2,700 619,807 Less: Net income attributable to NCI 104,018 123 104,141 178,416 864 179,280 NET INCOME ATTRIBUTABLE TO SHUSA $ 255,153 $ 262 $ 255,415 $ 438,691 $ 1,836 $ 440,527 The following table summarizes the impacts of the corrections on the Company's Condensed Consolidated SCF for the period indicated: For the six-month period ended June 30, 2018 As Reported Corrections As Revised Net cash provided by operating activities $ 3,909,460 $ 99,192 $ 4,008,652 Net cash provided by (used in) investing activities $ (5,486,642 ) $ (99,192 ) $ (5,585,834 ) In addition to the revision of the Company's Consolidated Financial Statements, information within the Notes to the Consolidated Financial Statements has been revised to reflect the correction of the errors discussed above. The following tables summarize the impacts of the correction of those items: June 30, 2018 As Reported Corrections As Revised Non-performing - RICs and auto loans - originated $ 1,924,294 $ (946,334 ) $ 977,960 Total non-performing loans 2,901,957 (946,334 ) 1,955,623 Total non-performing assets 3,169,101 (946,334 ) 2,222,767 June 30, 2018 As Reported Corrections As Revised 30-89 DPD (1) 90+ DPD Current 30-89 DPD 90+ DPD Current 30-89 DPD 90+ DPD Current RICs and auto loans - originated $ 3,038,768 $ 229,528 $ 22,416,117 $ 174,294 $ 20,269 $ (56,027 ) $ 3,213,062 $ 249,797 $ 22,360,090 Total loans $ 3,787,412 $ 814,165 $ 80,095,126 $ 174,294 $ 20,269 $ (56,027 ) $ 3,961,706 $ 834,434 $ 80,039,099 (1) Days past due ("DPD").

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	6 Months Ended
	Jun. 30, 2019
Investments, Debt and Equity Securities [Abstract]
Summary of Debt Securities, Available-for-sale	The following tables present the amortized cost, gross unrealized gains and losses and approximate fair values of debt securities AFS at the dates indicated: June 30, 2019 December 31, 2018 (in thousands) Amortized Gross Gross Fair Amortized Gross Gross Fair U.S. Treasury securities $ 3,122,838 $ 4,514 $ (3,176 ) $ 3,124,176 $ 1,815,914 $ 560 $ (11,729 ) $ 1,804,745 Corporate debt securities 158,446 87 (33 ) 158,500 160,164 12 (62 ) 160,114 Asset-backed securities (“ABS”) 417,401 2,054 (1,531 ) 417,924 435,464 3,517 (2,144 ) 436,837 State and municipal securities 13 — — 13 16 — — 16 Mortgage-backed securities (“MBS”): GNMA - Residential (1) 2,526,247 4,856 (17,651 ) 2,513,452 2,829,075 861 (85,675 ) 2,744,261 GNMA - Commercial 745,871 8,374 (429 ) 753,816 954,651 1,250 (19,515 ) 936,386 FHLMC and FNMA - Residential (2) 4,889,480 13,461 (41,731 ) 4,861,210 5,687,221 267 (188,515 ) 5,498,973 FHLMC and FNMA - Commercial 70,700 2,670 (6 ) 73,364 51,808 384 (537 ) 51,655 Total investments in debt securities AFS $ 11,930,996 $ 36,016 $ (64,557 ) $ 11,902,455 $ 11,934,313 $ 6,851 $ (308,177 ) $ 11,632,987 (1) Government National Mortgage Association ("GNMA") (2) Federal Home Loan Mortgage Corporation ("FHLMC") and Federal National Mortgage Association ("FNMA")
Summary of Held-to-maturity Securities	The following tables present the amortized cost, gross unrealized gains and losses and approximate fair values of debt securities HTM at the dates indicated: June 30, 2019 December 31, 2018 (in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Loss Fair Value Amortized Gross Gross Fair MBS: GNMA - Residential $ 1,729,543 $ 11,782 $ (13,044 ) $ 1,728,281 $ 1,718,687 $ 1,806 $ (54,184 ) $ 1,666,309 GNMA - Commercial 1,226,208 15,951 (952 ) 1,241,207 1,031,993 1,426 (23,679 ) 1,009,740 Total investments in debt securities HTM $ 2,955,751 $ 27,733 $ (13,996 ) $ 2,969,488 $ 2,750,680 $ 3,232 $ (77,863 ) $ 2,676,049
Investments Classified by Contractual Maturity Date	Contractual maturities of the Company’s AFS debt securities at June 30, 2019 were as follows: (in thousands) Amortized Cost Fair Value Due within one year $ 3,255,956 $ 3,255,876 Due after 1 year but within 5 years 376,902 380,421 Due after 5 years but within 10 years 398,434 400,761 Due after 10 years 7,899,704 7,865,397 Total $ 11,930,996 $ 11,902,455 NOTE 3. INVESTMENT SECURITIES (continued) Contractual maturities of the Company’s HTM debt securities at June 30, 2019 were as follows: (in thousands) Amortized Cost Fair Value Due after 10 years $ 2,955,751 $ 2,969,488 Total $ 2,955,751 $ 2,969,488
Gross Unrealized Loss and Fair Value of Debt Securities Available-for-Sale	The following tables present the aggregate amount of unrealized losses as of June 30, 2019 and December 31, 2018 on securities in the Company’s AFS investment portfolios classified according to the amount of time those securities have been in a continuous loss position: June 30, 2019 December 31, 2018 Less than 12 months 12 months or longer Less than 12 months 12 months or longer (in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Fair Value Unrealized U.S. Treasury securities $ — $ — $ 897,154 $ (3,176 ) $ 288,660 $ (315 ) $ 914,212 $ (11,414 ) Corporate debt securities 114,826 (33 ) — — 152,247 (62 ) 13 — ABS — — 67,419 (1,531 ) 31,888 (249 ) 77,766 (1,895 ) MBS: GNMA - Residential 36,884 (91 ) 1,946,255 (17,560 ) 102,418 (2,014 ) 2,521,278 (83,661 ) GNMA - Commercial — — 74,678 (429 ) 199,495 (2,982 ) 622,989 (16,533 ) FHLMC and FNMA - Residential 109,040 (181 ) 3,000,434 (41,550 ) 237,050 (5,728 ) 5,236,028 (182,787 ) FHLMC and FNMA - Commercial — — 435 (6 ) — — 21,819 (537 ) Total investments in debt securities AFS $ 260,750 $ (305 ) $ 5,986,375 $ (64,252 ) $ 1,011,758 $ (11,350 ) $ 9,394,105 $ (296,827 )
Gross Unrealized Loss and Fair Value of Debt Securities Held-to-maturity	The following tables present the aggregate amount of unrealized losses as of June 30, 2019 and December 31, 2018 on debt securities in the Company’s HTM investment portfolios classified according to the amount of time those securities have been in a continuous loss position: June 30, 2019 December 31, 2018 Less than 12 months 12 months or longer Less than 12 months 12 months or longer (in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Fair Value Unrealized GNMA - Residential $ 30,535 $ (84 ) $ 966,960 $ (12,960 ) $ 205,573 $ (4,810 ) $ 1,295,554 $ (49,374 ) GNMA - Commercial — — 172,593 (952 ) 221,250 (5,572 ) 629,847 (18,107 ) Total investments in debt securities HTM $ 30,535 $ (84 ) $ 1,139,553 $ (13,912 ) $ 426,823 $ (10,382 ) $ 1,925,401 $ (67,481 )
Gains (Losses) and Proceeds on Sales of Investment Securities	Proceeds from sales of investments in debt securities and the realized gross gains and losses from those sales were as follows: Three-Month Period Six-Month Period Ended June 30, (in thousands) 2019 2018 2019 2018 Proceeds from the sales of AFS securities $ 344,792 $ — $ 627,664 $ 39,446 Gross realized gains $ 2,528 $ 419 $ 3,340 $ — Gross realized losses (149 ) — (2,961 ) (244 ) OTTI — — — — Net realized gains/(losses) (1) $ 2,379 $ 419 $ 379 $ (244 ) (1) Includes net realized gain/(losses) on trading securities of $(12.0) thousand and $(0.3) million for the three-month and six-month periods ended June 30, 2019 , respectively, and $0.4 million and $(0.2) million for the three-month and six-month periods ended June 30, 2018 , respectively.
Schedule of Other Investments	Other Investments consisted of the following as of: (in thousands) June 30, 2019 December 31, 2018 FHLB of Pittsburgh and FRB stock $ 706,086 $ 631,239 Low Income Housing Tax Credit investments ("LIHTC") 234,895 163,113 Equity securities not held for trading 12,528 10,995 Trading securities 2,302 10 Total $ 955,811 $ 805,357

LOANS AND ALLOWANCE FOR CREDI_2

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)	6 Months Ended
	Jun. 30, 2019
Loans and Leases Receivable Disclosure [Abstract]
Schedule of Loans Receivable	The following presents the composition of the gross loans and leases HFI by portfolio and by rate type: June 30, 2019 December 31, 2018 (dollars in thousands) Amount Percent Amount Percent Commercial LHFI: Commercial real estate ("CRE") loans $ 8,611,059 9.6 % $ 8,704,481 10.0 % Commercial and industrial ("C&I") loans 17,013,041 18.9 % 15,738,158 18.1 % Multifamily loans 8,512,147 9.5 % 8,309,115 9.5 % Other commercial (2) 7,896,467 8.8 % 7,630,004 8.8 % Total commercial LHFI 42,032,714 46.8 % 40,381,758 46.4 % Consumer loans secured by real estate: Residential mortgages 8,857,045 9.8 % 9,884,462 11.4 % Home equity loans and lines of credit 5,191,061 5.8 % 5,465,670 6.3 % Total consumer loans secured by real estate 14,048,106 15.6 % 15,350,132 17.7 % Consumer loans not secured by real estate: RICs and auto loans - originated (4) 31,613,831 35.1 % 28,532,085 32.8 % RICs and auto loans - purchased 475,550 0.5 % 803,135 0.9 % Personal unsecured loans 1,429,640 1.6 % 1,531,708 1.8 % Other consumer (3) 372,226 0.4 % 447,050 0.4 % Total consumer loans 47,939,353 53.2 % 46,664,110 53.6 % Total LHFI (1) $ 89,972,067 100.0 % $ 87,045,868 100.0 % Total LHFI: Fixed rate $ 59,097,455 65.7 % $ 56,696,491 65.1 % Variable rate 30,874,612 34.3 % 30,349,377 34.9 % Total LHFI (1) $ 89,972,067 100.0 % $ 87,045,868 100.0 % (1) Total LHFI includes deferred loan fees, net of deferred origination costs and unamortized purchase premiums, net of discounts as well as purchase accounting adjustments. These items resulted in a net increase in the loan balances of $1.7 billion and $1.4 billion as of June 30, 2019 and December 31, 2018 , respectively. (2) Other commercial includes commercial equipment vehicle financing ("CEVF") leveraged leases and loans. (3) Other consumer primarily includes recreational vehicle ("RV") and marine loans. (4) Beginning in 2018, the Bank has an agreement with SC by which SC provides the Bank with origination support services in connection with the processing, underwriting and purchase of RICs, primarily from Chrysler dealers. The composition of the portfolio segment is as follows: (in thousands) June 30, 2019 December 31, 2018 RICs - Purchased HFI: Unpaid principal balance ("UPB") (1) $ 494,738 $ 844,582 UPB - FVO (2) 5,913 9,678 Total UPB 500,651 854,260 Purchase marks (3) (25,101 ) (51,125 ) Total RICs - Purchased HFI 475,550 803,135 RICs - Originated HFI: UPB (1) 27,865,324 27,049,875 Net discount (68,966 ) (135,489 ) Total RICs - Originated 27,796,358 26,914,386 SBNA auto loans 3,817,473 1,617,699 Total RICs - originated post-Change in Control 31,613,831 28,532,085 Total RICs and auto loans HFI $ 32,089,381 $ 29,335,220 (1) UPB does not include amounts related to the loan receivables - unsecured and loan receivables from dealers due to the short-term and revolving nature of these receivables. (2) The Company elected to account for these loans, which were acquired with evidence of credit deterioration, under the FVO. (3) Includes purchase marks of $1.3 million and $2.1 million related to purchase loan portfolios on which we elected to apply the FVO at June 30, 2019 and December 31, 2018 , respectively.
Allowance for Credit Losses by Portfolio Segment	The activity in the ACL by portfolio segment for the three-month and six-month periods ended June 30, 2019 , and 2018 was as follows: Three-Month Period Ended June 30, 2019 (in thousands) Commercial Consumer Unallocated Total ALLL, beginning of period $ 447,991 $ 3,348,356 $ 46,748 $ 3,843,095 Provision for loan and lease losses 23,671 460,241 — 483,912 Other (1) — (20,395 ) — (20,395 ) Charge-offs (36,715 ) (1,208,152 ) — (1,244,867 ) Recoveries 12,131 709,957 — 722,088 Charge-offs, net of recoveries (24,584 ) (498,195 ) — (522,779 ) ALLL, end of period $ 447,078 $ 3,290,007 $ 46,748 $ 3,783,833 Reserve for unfunded lending commitments, beginning of period (2) $ 86,563 $ 6,122 $ — $ 92,685 Provision for reserve for unfunded lending commitments (3,218 ) (62 ) — (3,280 ) Reserve for unfunded lending commitments, end of period 83,345 6,060 — 89,405 Total ACL, end of period $ 530,423 $ 3,296,067 $ 46,748 $ 3,873,238 Six-Month Period Ended June 30, 2019 (in thousands) Commercial Consumer Unallocated Total ALLL, beginning of period $ 441,086 $ 3,409,021 $ 47,023 $ 3,897,130 Provision for loan and lease losses 45,644 1,041,294 — 1,086,938 Other — (20,395 ) — (20,395 ) Charge-offs (60,316 ) (2,632,770 ) (275 ) (2,693,361 ) Recoveries 20,664 1,492,857 — 1,513,521 Charge-offs, net of recoveries (39,652 ) (1,139,913 ) (275 ) (1,179,840 ) ALLL, end of period $ 447,078 $ 3,290,007 $ 46,748 $ 3,783,833 Reserve for unfunded lending commitments, beginning of period $ 89,472 $ 6,028 $ — $ 95,500 (Release of) / Provision for reserve for unfunded lending commitments (6,127 ) 32 — (6,095 ) Reserve for unfunded lending commitments, end of period 83,345 6,060 — 89,405 Total ACL, end of period $ 530,423 $ 3,296,067 $ 46,748 $ 3,873,238 Ending balance, individually evaluated for impairment (1) $ 96,718 $ 1,193,582 $ — $ 1,290,300 Ending balance, collectively evaluated for impairment 350,360 2,096,425 46,748 2,493,533 Financing receivables: Ending balance $ 42,122,566 $ 50,373,189 $ — $ 92,495,755 Ending balance, evaluated under the FVO or lower of cost or fair value 89,852 2,524,419 — 2,614,271 Ending balance, individually evaluated for impairment (1) 446,210 4,958,591 — 5,404,801 Ending balance, collectively evaluated for impairment 41,586,504 42,890,179 — 84,476,683 (1) Consists of loans in troubled debt restructuring ("TDR") status. NOTE 4. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Three-Month Period Ended June 30, 2018 (in thousands) Commercial Consumer Unallocated Total ALLL, beginning of period $ 462,074 $ 3,475,279 $ 47,023 $ 3,984,376 Provision for loan and lease losses (33,213 ) 469,909 — 436,696 Charge-offs (16,665 ) (1,043,513 ) — (1,060,178 ) Recoveries 14,624 613,358 — 627,982 Charge-offs, net of recoveries (2,041 ) (430,155 ) — (432,196 ) ALLL, end of period $ 426,820 $ 3,515,033 $ 47,023 $ 3,988,876 Reserve for unfunded lending commitments, beginning of period $ 89,542 $ 323 $ — $ 89,865 (Release of) / Provision for unfunded lending commitments (2,885 ) (8 ) — (2,893 ) Reserve for unfunded lending commitments, end of period 86,657 315 — 86,972 Total ACL, end of period $ 513,477 $ 3,515,348 $ 47,023 $ 4,075,848 Six-Month Period Ended June 30, 2018 (in thousands) Commercial Consumer Unallocated Total ALLL, beginning of period $ 443,796 $ 3,504,068 $ 47,023 $ 3,994,887 Provision for loan and lease losses 8,021 1,001,801 — 1,009,822 Charge-offs (49,625 ) (2,265,940 ) — (2,315,565 ) Recoveries 24,628 1,275,104 — 1,299,732 Charge-offs, net of recoveries (24,997 ) (990,836 ) — (1,015,833 ) ALLL, end of period $ 426,820 $ 3,515,033 $ 47,023 $ 3,988,876 Reserve for unfunded lending commitments, beginning of period $ 108,805 $ 306 $ — $ 109,111 Release of unfunded lending commitments (22,148 ) 9 — (22,139 ) Reserve for unfunded lending commitments, end of period 86,657 315 — 86,972 Total ACL, end of period $ 513,477 $ 3,515,348 $ 47,023 $ 4,075,848 Ending balance, individually evaluated for impairment (1) $ 83,148 $ 1,702,029 $ — $ 1,785,177 Ending balance, collectively evaluated for impairment 343,672 1,813,004 47,023 2,203,699 Financing receivables: Ending balance $ 39,605,333 $ 45,229,907 $ — $ 84,835,240 Ending balance, evaluated under the FVO or lower of cost or fair value 65,528 1,521,803 — 1,587,331 Ending balance, individually evaluated for impairment (1) 509,693 6,496,582 — 7,006,275 Ending balance, collectively evaluated for impairment 39,030,112 37,211,522 — 76,241,634 (1) Consists of loans in TDR status. NOTE 4. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) The following table presents the activity in the allowance for loan losses for RICs acquired in the Change in Control and those originated by SC subsequent to the Change in Control. Three-Month Period Ended Six-Month Period Ended June 30, 2019 June 30, 2019 (in thousands) Purchased Originated Total Purchased Originated Total ALLL, beginning of period $ 151,879 $ 2,970,450 $ 3,122,329 $ 193,742 $ 2,992,576 $ 3,186,318 (Release of) / Provision for loan and lease losses (24,476 ) 446,685 422,209 (48,560 ) 1,016,615 968,055 Other (1) — (20,395 ) (20,395 ) — (20,395 ) (20,395 ) Charge-offs (34,950 ) (1,122,101 ) (1,157,051 ) (86,262 ) (2,454,006 ) (2,540,268 ) Recoveries 25,587 672,318 697,905 59,120 1,412,167 1,471,287 Charge-offs, net of recoveries (9,363 ) (449,783 ) (459,146 ) (27,142 ) (1,041,839 ) (1,068,981 ) ALLL, end of period $ 118,040 $ 2,946,957 $ 3,064,997 $ 118,040 $ 2,946,957 $ 3,064,997 Three-Month Period Ended Six-Month Period Ended June 30, 2018 June 30, 2018 (in thousands) Purchased Originated Total Purchased Originated Total ALLL, beginning of period $ 322,726 $ 2,913,807 $ 3,236,533 $ 384,167 $ 2,862,356 $ 3,246,523 (Release of) / Provision for loan and lease losses (30,031 ) 451,402 421,371 (45,861 ) 989,908 944,047 Charge-offs (76,265 ) (928,741 ) (1,005,006 ) (181,775 ) (2,010,747 ) (2,192,522 ) Recoveries 49,791 556,887 606,678 109,690 1,151,838 1,261,528 Charge-offs, net of recoveries (26,474 ) (371,854 ) (398,328 ) (72,085 ) (858,909 ) (930,994 ) ALLL, end of period $ 266,221 $ 2,993,355 $ 3,259,576 $ 266,221 $ 2,993,355 $ 3,259,576 (1) Includes loans transferred to held for sale.
Schedule of Non-accrual Loans	The recorded investment in non-accrual loans disaggregated by class of financing receivables and other non-performing assets is summarized as follows: (in thousands) June 30, 2019 December 31, 2018 Non-accrual loans: Commercial: CRE $ 80,089 $ 88,500 C&I 181,926 189,827 Multifamily 3,372 13,530 Other commercial 93,379 72,841 Total commercial loans 358,766 364,698 Consumer: Residential mortgages 199,861 216,815 Home equity loans and lines of credit 110,266 115,813 RICs and auto loans - originated 1,368,425 1,455,406 RICs - purchased 45,638 89,916 Personal unsecured loans 3,251 3,602 Other consumer 8,288 9,187 Total consumer loans 1,735,729 1,890,739 Total non-accrual loans 2,094,495 2,255,437 Other real estate owned ("OREO") 91,802 107,868 Repossessed vehicles 203,135 224,046 Foreclosed and other repossessed assets 2,849 1,844 Total OREO and other repossessed assets 297,786 333,758 Total non-performing assets $ 2,392,281 $ 2,589,195
Aging Analysis of Loan Portfolio	The age of recorded investments in past due loans and accruing loans 90 days or greater past due disaggregated by class of financing receivables is summarized as follows: As of: June 30, 2019 (in thousands) 30-89 90 Total Current Total Recorded Investment Commercial: CRE (1) $ 24,548 $ 43,378 $ 67,926 $ 8,551,349 $ 8,619,275 $ — C&I (2) 45,699 61,930 107,629 16,984,155 17,091,784 — Multifamily 1,058 629 1,687 8,513,353 8,515,040 — Other commercial 70,147 8,886 79,033 7,817,434 7,896,467 1,896 Consumer: Residential mortgages (3) 189,165 155,835 345,000 9,683,911 10,028,911 — Home equity loans and lines of credit 47,581 74,185 121,766 5,069,295 5,191,061 — RICs and auto loans - originated (4) 3,745,466 322,878 4,068,344 27,839,077 31,907,421 — RICs and auto loans - purchased 142,148 10,533 152,681 322,869 475,550 — Personal unsecured loans (5) 92,939 91,002 183,941 2,214,078 2,398,019 87,415 Other consumer 10,825 11,133 21,958 350,269 372,227 — Total $ 4,369,576 $ 780,389 $ 5,149,965 $ 87,345,790 $ 92,495,755 $ 89,311 (1) CRE includes of $8.2 million of LHFS at June 30, 2019 . (2) C&I loans includes $81.6 million of LHFS at June 30, 2019 . (3) Residential mortgages includes $1.2 billion of LHFS at June 30, 2019 . (4) RIC and auto loans includes $293.6 million of LHFS at June 30, 2019 . (5) Personal unsecured loans includes $1.0 billion of LHFS at June 30, 2019 . As of December 31, 2018 (in thousands) 30-89 90 Total Current Total Recorded Commercial: CRE $ 20,179 $ 49,317 $ 69,496 $ 8,634,985 $ 8,704,481 $ — C&I 61,495 74,210 135,705 15,602,453 15,738,158 — Multifamily 1,078 4,574 5,652 8,303,463 8,309,115 — Other commercial 16,081 5,330 21,411 7,608,593 7,630,004 6 Consumer: Residential mortgages (1) 186,222 171,265 357,487 9,741,496 10,098,983 — Home equity loans and lines of credit 58,507 79,860 138,367 5,327,303 5,465,670 — RICs and auto loans - originated 4,076,015 419,819 4,495,834 24,036,251 28,532,085 — RICs and auto loans - purchased 242,604 21,923 264,527 538,608 803,135 — Personal unsecured loans (2) 93,675 102,463 196,138 2,404,327 2,600,465 98,973 Other consumer 16,261 13,782 30,043 417,007 447,050 — Total $ 4,772,117 $ 942,543 $ 5,714,660 $ 82,614,486 $ 88,329,146 $ 98,979 (1) Residential mortgages included $214.5 million of LHFS at December 31, 2018 . (2) Personal unsecured loans included $1.1 billion of LHFS at December 31, 2018 .
Schedule of Impaired Loans by Class	Impaired loans disaggregated by class of financing receivables are summarized as follows: June 30, 2019 (in thousands) Recorded Investment (1) UPB Related Average With no related allowance recorded: Commercial: CRE $ 68,994 $ 74,251 $ — $ 74,025 C&I 38,893 49,604 — 32,376 Multifamily 8,222 9,120 — 13,241 Other commercial 11,032 11,067 — 9,190 Consumer: Residential mortgages 132,235 186,597 — 138,567 Home equity loans and lines of credit 41,075 43,270 — 43,572 RICs and auto loans - originated — — — 1 RICs and auto loans - purchased 4,418 5,676 — 5,740 Personal unsecured loans 4 4 — 4 Other consumer 2,989 2,989 — 3,290 With an allowance recorded: Commercial: CRE 49,815 58,800 8,764 54,338 C&I 179,125 218,243 63,754 179,652 Other commercial 77,255 77,255 24,200 68,585 Consumer: Residential mortgages 253,202 290,093 27,499 253,584 Home equity loans and lines of credit 66,288 77,299 3,996 63,414 RICs and auto loans - originated 4,040,418 4,048,921 1,039,966 4,335,516 RICs and auto loans - purchased 396,631 448,257 114,936 505,351 Personal unsecured loans 15,510 15,748 4,707 15,846 Other consumer 10,238 13,335 2,478 10,149 Total: Commercial $ 433,336 $ 498,340 $ 96,718 $ 431,407 Consumer 4,963,008 5,132,189 1,193,582 5,375,034 Total $ 5,396,344 $ 5,630,529 $ 1,290,300 $ 5,806,441 (1) Recorded investment includes deferred loan fees, net of deferred origination costs and unamortized purchase premiums, net of discounts, as well as purchase accounting adjustments. NOTE 4. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) The Company recognized interest income, not including the impact of purchase accounting adjustments, of $363.7 million for the six-month period ended June 30, 2019 on approximately $4.3 billion of TDRs that were in performing status as of June 30, 2019 . December 31, 2018 (in thousands) Recorded Investment (1) UPB Related Average With no related allowance recorded: Commercial: CRE $ 79,056 $ 88,960 $ — $ 102,731 C&I 25,859 36,067 — 54,200 Multifamily 18,260 19,175 — 14,074 Other commercial 7,348 7,380 — 4,058 Consumer: Residential mortgages 144,899 201,905 — 126,110 Home equity loans and lines of credit 46,069 48,021 — 49,233 RICs and auto loans - originated 1 1 — 1 RICs and auto loans - purchased 7,061 9,071 — 11,627 Personal unsecured loans 4 4 — 42 Other consumer 3,591 3,591 — 6,574 With an allowance recorded: Commercial: CRE 58,861 66,645 6,449 78,271 C&I 180,178 197,937 66,329 178,474 Multifamily — — — 3,101 Other commercial 59,914 59,914 21,342 68,813 Consumer: Residential mortgages 253,965 289,447 29,156 288,029 Home equity loans and lines of credit 60,540 71,475 4,272 62,684 RICs and auto loans - originated 4,630,614 4,652,013 1,231,164 4,742,820 RICs and auto loans - purchased 614,071 694,000 184,545 890,274 Personal unsecured loans 16,182 16,446 6,875 16,330 Other consumer 10,060 13,275 1,162 10,826 Total: Commercial $ 429,476 $ 476,078 $ 94,120 $ 503,722 Consumer 5,787,057 5,999,249 1,457,174 6,204,550 Total $ 6,216,533 $ 6,475,327 $ 1,551,294 $ 6,708,272 (1) Recorded investment includes deferred loan fees, net of deferred origination costs and unamortized purchase premiums, net of discounts, as well as purchase accounting adjustments.
Schedule of Loans by Credit Quality Indicators	Commercial loan credit quality indicators by class of financing receivables are summarized as follows: June 30, 2019 CRE C&I Multifamily Remaining Total (1) (in thousands) Rating: Pass $ 7,583,924 $ 15,272,683 $ 8,273,815 $ 7,513,793 $ 38,644,215 Special mention 561,262 795,397 220,934 255,141 1,832,734 Substandard 422,429 379,865 20,291 65,504 888,089 Doubtful 8,914 62,499 — 62,029 133,442 N/A (2) 42,746 581,340 — — 624,086 Total commercial loans $ 8,619,275 $ 17,091,784 $ 8,515,040 $ 7,896,467 $ 42,122,566 (1) Financing receivables include LHFS. (2) Consists of loans that have not been assigned a regulatory rating. December 31, 2018 CRE C&I Multifamily Remaining Total (1) (in thousands) Rating: Pass $ 7,655,627 $ 14,003,134 $ 8,072,407 $ 7,466,419 $ 37,197,587 Special mention 628,097 772,704 204,262 67,313 1,672,376 Substandard 373,356 408,515 32,446 36,255 850,572 Doubtful 4,655 38,373 — 60,017 103,045 N/A (2) 42,746 515,432 — — 558,178 Total commercial loans $ 8,704,481 $ 15,738,158 $ 8,309,115 $ 7,630,004 $ 40,381,758 (1) Financing receivables include LHFS. (2) Consists of loans that have not been assigned a regulatory rating. Consumer Lending Asset Quality Indicators-Credit Score Consumer financing receivables for which either an internal or external credit score is a core component of the allowance model are summarized by credit score as follows: Credit Score Range (2) June 30, 2019 December 31, 2018 (dollars in thousands) RICs and auto loans Percent RICs and auto loans Percent No FICO ®(1) $ 3,206,105 9.9 % $ 3,136,449 10.7 % <600 15,333,280 47.8 % 14,884,385 50.7 % 600-639 5,700,553 17.8 % 5,185,412 17.7 % 640-679 5,093,132 15.9 % 4,758,394 16.2 % 680-719 595,315 1.9 % 289,270 1.0 % 720-759 591,713 1.8 % 283,052 1.0 % >=760 1,569,283 4.9 % 798,258 2.7 % Total $ 32,089,381 100.0 % $ 29,335,220 100.0 % (1) Consists primarily of loans for which credit scores are not considered in the ALLL model. (2) Credit scores updated quarterly.
Schedule of Financing Receivable by LTV	110% Grand Total FICO Score (dollars in thousands) N/A (1) $ 130,346 $ 1,074 $ 932 $ — $ — $ 132,352 <600 1,098 214,690 56,161 12,911 5,197 290,057 600-639 94 154,026 44,565 6,113 2,961 207,759 640-679 1,408 295,594 97,328 10,120 5,824 410,274 680-719 786 530,631 189,328 16,608 9,692 747,045 720-759 373 726,414 259,463 16,690 13,049 1,015,989 >=760 2,248 1,808,071 515,371 37,749 24,146 2,387,585 Grand Total $ 136,353 $ 3,730,500 $ 1,163,148 $ 100,191 $ 60,869 $ 5,191,061 (1) Residential mortgages and home equity loans and lines of credit in the "N/A" range for LTV or FICO score primarily represent the balance on loans serviced by others, in run-off portfolios or for which a current LTV or FICO score is unavailable. (2) Allowance model considers LTV for financing receivables in first lien position for the Company and CLTV for financing receivables in second lien position for the Company. Residential Mortgages (1)(3) December 31, 2018 N/A (2) LTV<=70% 70.01-80% 80.01-90% 90.01-100% 100.01-110% LTV>110% Grand Total FICO Score (dollars in thousands) N/A (2) $ 87,808 $ 4,465 $ — $ — $ 423 $ — $ — $ 92,696 <600 69 225,647 54,101 35,625 26,863 2,450 4,604 349,359 600-639 35 157,281 47,712 34,124 37,901 943 1,544 279,540 640-679 — 308,780 112,811 76,512 101,057 1,934 1,767 602,861 680-719 — 560,920 266,877 148,283 175,889 3,630 3,593 1,159,192 720-759 50 1,061,969 535,840 210,046 218,177 4,263 6,704 2,037,049 >=760 213 3,518,916 1,253,733 354,629 220,695 6,477 9,102 5,363,765 Grand Total $ 88,175 $ 5,837,978 $ 2,271,074 $ 859,219 $ 781,005 $ 19,697 $ 27,314 $ 9,884,462 (1) Excludes LHFS. (2) Residential mortgages and home equity loans and lines of credit in the "N/A" range for LTV or FICO score primarily represent the balance on loans serviced by others, in run-off portfolios or for which a current LTV or FICO score is unavailable. (3) Allowance model considers LTV for financing receivables in first lien position for the Company and CLTV for financing receivables in second lien position for the Company. NOTE 4. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Home Equity Loans and Lines of Credit (2) December 31, 2018 N/A (1) LTV<=70% 70.01-90% 90.01-110% LTV>110% Grand Total FICO Score (dollars in thousands) N/A (1) $ 133,436 $ 841 $ 197 $ — $ 5 $ 134,479 <600 1,130 209,536 64,202 14,948 5,988 295,804 600-639 398 166,384 48,543 7,932 2,780 226,037 640-679 919 305,642 112,937 10,311 6,887 436,696 680-719 869 527,374 215,824 17,231 13,482 774,780 720-759 1,139 732,467 292,516 20,812 14,677 1,061,611 >=760 2,280 1,844,830 614,221 46,993 27,939 2,536,263 Grand Total $ 140,171 $ 3,787,074 $ 1,348,440 $ 118,227 $ 71,758 $ 5,465,670 (1) Residential mortgages and home equity loans and lines of credit in the "N/A" range for LTV or FICO score primarily represent the balance on loans serviced by others, in run-off portfolios or for which a current LTV or FICO score is unavailable. (2) Allowance model considers LTV for financing receivables in first lien position for the Company and CLTV for financing receivables in second lien position for the Company." id="sjs-B10">Residential mortgage and home equity financing receivables by LTV and FICO range are summarized as follows: Residential Mortgages (1)(3) June 30, 2019 N/A (2) LTV<=70% 70.01-80% 80.01-90% 90.01-100% 100.01-110% LTV>110% Grand Total FICO Score (dollars in thousands) N/A (2) $ 167,858 $ 2,751 $ — $ — $ 132 $ — $ — $ 170,741 <600 38 206,466 47,271 34,358 23,982 942 3,961 317,018 600-639 — 142,130 42,800 35,911 36,620 1,296 1,410 260,167 640-679 118 276,927 93,563 73,156 88,659 3,267 1,137 536,827 680-719 97 522,166 224,343 119,674 148,100 1,719 4,824 1,020,923 720-759 29 973,173 422,704 199,259 185,078 2,210 3,748 1,786,201 >=760 802 3,230,464 1,019,055 327,112 175,625 5,604 6,506 4,765,168 Grand Total $ 168,942 $ 5,354,077 $ 1,849,736 $ 789,470 $ 658,196 $ 15,038 $ 21,586 $ 8,857,045 (1) Excludes LHFS. (2) Residential mortgages and home equity loans and lines of credit in the "N/A" range for LTV or FICO score primarily represent the balance on loans serviced by others, in run-off portfolios or for which a current LTV or FICO score is unavailable. (3) Allowance model considers LTV for financing receivables in first lien position for the Company and combined LTV ("CLTV") for financing receivables in second lien position for the Company. Home Equity Loans and Lines of Credit (2) June 30, 2019 N/A (1) LTV<=70% 70.01-90% 90.01-110% LTV>110% Grand Total FICO Score (dollars in thousands) N/A (1) $ 130,346 $ 1,074 $ 932 $ — $ — $ 132,352 <600 1,098 214,690 56,161 12,911 5,197 290,057 600-639 94 154,026 44,565 6,113 2,961 207,759 640-679 1,408 295,594 97,328 10,120 5,824 410,274 680-719 786 530,631 189,328 16,608 9,692 747,045 720-759 373 726,414 259,463 16,690 13,049 1,015,989 >=760 2,248 1,808,071 515,371 37,749 24,146 2,387,585 Grand Total $ 136,353 $ 3,730,500 $ 1,163,148 $ 100,191 $ 60,869 $ 5,191,061 (1) Residential mortgages and home equity loans and lines of credit in the "N/A" range for LTV or FICO score primarily represent the balance on loans serviced by others, in run-off portfolios or for which a current LTV or FICO score is unavailable. (2) Allowance model considers LTV for financing receivables in first lien position for the Company and CLTV for financing receivables in second lien position for the Company. Residential Mortgages (1)(3) December 31, 2018 N/A (2) LTV<=70% 70.01-80% 80.01-90% 90.01-100% 100.01-110% LTV>110% Grand Total FICO Score (dollars in thousands) N/A (2) $ 87,808 $ 4,465 $ — $ — $ 423 $ — $ — $ 92,696 <600 69 225,647 54,101 35,625 26,863 2,450 4,604 349,359 600-639 35 157,281 47,712 34,124 37,901 943 1,544 279,540 640-679 — 308,780 112,811 76,512 101,057 1,934 1,767 602,861 680-719 — 560,920 266,877 148,283 175,889 3,630 3,593 1,159,192 720-759 50 1,061,969 535,840 210,046 218,177 4,263 6,704 2,037,049 >=760 213 3,518,916 1,253,733 354,629 220,695 6,477 9,102 5,363,765 Grand Total $ 88,175 $ 5,837,978 $ 2,271,074 $ 859,219 $ 781,005 $ 19,697 $ 27,314 $ 9,884,462 (1) Excludes LHFS. (2) Residential mortgages and home equity loans and lines of credit in the "N/A" range for LTV or FICO score primarily represent the balance on loans serviced by others, in run-off portfolios or for which a current LTV or FICO score is unavailable. (3) Allowance model considers LTV for financing receivables in first lien position for the Company and CLTV for financing receivables in second lien position for the Company. NOTE 4. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Home Equity Loans and Lines of Credit (2) December 31, 2018 N/A (1) LTV<=70% 70.01-90% 90.01-110% LTV>110% Grand Total FICO Score (dollars in thousands) N/A (1) $ 133,436 $ 841 $ 197 $ — $ 5 $ 134,479 <600 1,130 209,536 64,202 14,948 5,988 295,804 600-639 398 166,384 48,543 7,932 2,780 226,037 640-679 919 305,642 112,937 10,311 6,887 436,696 680-719 869 527,374 215,824 17,231 13,482 774,780 720-759 1,139 732,467 292,516 20,812 14,677 1,061,611 >=760 2,280 1,844,830 614,221 46,993 27,939 2,536,263 Grand Total $ 140,171 $ 3,787,074 $ 1,348,440 $ 118,227 $ 71,758 $ 5,465,670 (1) Residential mortgages and home equity loans and lines of credit in the "N/A" range for LTV or FICO score primarily represent the balance on loans serviced by others, in run-off portfolios or for which a current LTV or FICO score is unavailable. (2) Allowance model considers LTV for financing receivables in first lien position for the Company and CLTV for financing receivables in second lien position for the Company.
Summary of Performing and Non-performing TDRs	The following table summarizes the Company’s performing and non-performing TDRs at the dates indicated: (in thousands) June 30, 2019 December 31, 2018 Performing $ 4,336,971 $ 5,014,224 Non-performing 752,118 908,128 Total (1) $ 5,089,089 $ 5,922,352 (1) Excludes LHFS.
Schedule of Troubled Debt Restructurings	The following tables detail the activity of TDRs for the three-month and six-month periods ended June 30, 2019 and 2018 , respectively: Three-Month Period Ended June 30, 2019 Number of Pre-TDR Recorded (1) Term Extension Other (4) Post-TDR Recorded Investment (2) (dollars in thousands) Commercial: CRE 8 $ 423 $ 6 $ (13 ) $ 416 C&I 14 318 (1 ) — 317 Consumer: — Residential mortgages (3) 22 4,011 112 (35 ) 4,088 Home equity loans and lines of credit 35 2,863 — 318 3,181 RICs and auto loans - originated 17,111 293,942 (164 ) 887 294,665 RICs - purchased 211 854 1 (7 ) 848 Personal unsecured loans 74 736 — 9 745 Other consumer 13 442 — (3 ) 439 Total 17,488 $ 303,589 $ (46 ) $ 1,156 $ 304,699 Six-Month Period Ended June 30, 2019 Number of Pre-TDR Recorded (1) Term Extension Other (4) Post-TDR Recorded Investment (2) (dollars in thousands) Commercial: CRE 25 $ 45,131 $ 401 $ 698 $ 46,230 C&I 38 938 — — 938 Consumer: Residential mortgages (3) 48 7,524 112 122 7,758 Home equity loans and lines of credit 75 7,858 — 739 8,597 RICs and auto loans - originated 36,542 622,115 (596 ) 1,940 623,459 RICs - purchased 629 2,823 3 (12 ) 2,814 Personal unsecured loans 125 1,307 — 6 1,313 Other consumer 19 625 — (4 ) 621 Total 37,501 $ 688,321 $ (80 ) $ 3,489 $ 691,730 (1) Pre-TDR modification outstanding recorded investment amount is the month-end balance prior to the month in which the modification occurred. (2) Post-TDR modification outstanding recorded investment amount is the month-end balance for the month in which the modification occurred. (3) The post-TDR modification outstanding recorded investment amounts for residential mortgages exclude interest reserves. (4) Other modifications may include modifications such as interest rate reductions, fee waivers, or capitalization of fees. NOTE 4. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Three-Month Period Ended June 30, 2018 Number of Pre-TDR Recorded (1) Term Extension Other (4) Post-TDR Recorded Investment (2) (dollars in thousands) Commercial: CRE 24 $ 12,384 $ 347 $ (1,351 ) $ 11,380 C&I 68 2,111 (1 ) (2 ) 2,108 Consumer: Residential mortgages (3) 54 8,403 — (9 ) 8,394 Home equity loans and lines of credit 44 2,840 13 12 2,865 RICs and auto loans - originated 41,833 704,222 (920 ) (8 ) 703,294 RICs - purchased 1,223 7,915 (27 ) — 7,888 Personal unsecured loans 3,906 6,697 — (199 ) 6,498 Other consumer 4 215 — (1 ) 214 Total 47,156 $ 744,787 $ (588 ) $ (1,558 ) $ 742,641 Six-Month Period Ended June 30, 2018 Number of Pre-TDR Recorded (1) Term Extension Other (4) Post-TDR Recorded Investment (2) (dollars in thousands) Commercial: CRE 51 $ 46,892 $ 336 $ (2,482 ) $ 44,746 C&I 149 5,895 (4 ) (133 ) 5,758 Consumer: Residential mortgages (3) 115 18,330 — (729 ) 17,601 Home equity loans and lines of credit 138 8,944 13 (220 ) 8,737 RICs and auto loans - originated 74,783 1,271,621 (1,489 ) (80 ) 1,270,052 RICs - purchased 2,842 20,239 (76 ) (22 ) 20,141 Personal unsecured loans 7,568 13,038 — (284 ) 12,754 Other consumer 7 224 — (5 ) 219 Total 85,653 $ 1,385,183 $ (1,220 ) $ (3,955 ) $ 1,380,008 (1) Pre-TDR modification outstanding recorded investment amount is the month-end balance prior to the month in which the modification occurred. (2) Post-TDR modification outstanding recorded investment amount is the month-end balance for the month in which the modification occurred. (3) The post-TDR modification outstanding recorded investment amounts for residential mortgages exclude interest reserves. (4) Other modifications may include modifications such as interest rate reductions, fee waivers, or capitalization of fees.
Schedule of Troubled Debt Restructurings Subsequently Defaulted	The following table details period-end recorded investment balances of TDRs that became TDRs during the past twelve-month period and have subsequently defaulted during the three-month and six-month periods ended June 30, 2019 , and 2018 , respectively. Three-Month Period Six-Month Period Ended June 30, 2019 2018 2019 2018 Number of Recorded Investment (1) Number of Recorded Investment (1) Number of Recorded Investment (1) Number of Recorded Investment (1) (dollars in thousands) (dollars in thousands) Commercial CRE 1 $ 93 2 $ 309 2 $ 223 4 $ 593 C&I 10 254 42 1,275 25 845 94 2,795 Consumer: Residential mortgages 26 2,826 32 3,967 79 7,628 96 12,835 Home equity loans and lines of credit 9 641 13 608 15 1,066 20 1,159 RICs and auto loans 5,326 89,749 8,786 145,373 12,885 215,071 20,808 347,042 Personal unsecured loans 57 646 57 566 117 1,180 2,381 3,809 Other consumer — — 1 5 — — 2 15 Total 5,429 $ 94,209 8,933 $ 152,103 13,123 $ 226,013 23,405 $ 368,248 (1) The recorded investment represents the period-end balance. Does not include Chapter 7 bankruptcy TDRs.

OPERATING LEASE ASSETS, NET (Ta

OPERATING LEASE ASSETS, NET (Tables)	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Schedule of Operating Lease Assets, Net	Operating lease assets, net consisted of the following as of June 30, 2019 and December 31, 2018 : (in thousands) June 30, 2019 December 31, 2018 Leased vehicles $ 20,190,000 $ 18,737,338 Less: accumulated depreciation (3,665,402 ) (3,518,025 ) Depreciated net capitalized cost 16,524,598 15,219,313 Origination fees and other costs 80,786 66,967 Manufacturer subvention payments (1,292,015 ) (1,307,424 ) Leased vehicles, net 15,313,369 13,978,856 Commercial equipment vehicles and aircraft, gross 140,276 130,274 Less: accumulated depreciation (35,482 ) (30,337 ) Commercial equipment vehicles and aircraft, net 104,794 99,937 Total operating lease assets, net $ 15,418,163 $ 14,078,793
Schedule of Future Minimum Rental Payments Due to the Company Under Operating Leases	The following summarizes the future minimum rental payments due to the Company as lessor under operating leases as of June 30, 2019 (in thousands): 2019 $ 1,364,668 2020 2,236,603 2021 1,184,607 2022 206,467 2023 16,944 Thereafter 12,121 Total $ 5,021,410

VIEs (Tables)

VIEs (Tables)	6 Months Ended
	Jun. 30, 2019
Variable Interest Entity and Securitizations [Abstract]
Schedule of Variable Interest Entities	The assets of consolidated VIEs that are included in the Company's Condensed Consolidated Financial Statements , presented based upon the legal transfer of the underlying assets in order to reflect legal ownership, and that can be used only to settle obligations of the consolidated VIEs and the liabilities of those entities for which creditors (or beneficial interest holders) do not have recourse to the Company's general credit, were as follows (1) : (in thousands) June 30, 2019 December 31, 2018 Assets Restricted cash $ 1,697,692 $ 1,582,158 Loans (2) 25,240,477 24,098,638 Operating lease assets, net 15,313,369 13,978,855 Various other assets 604,431 685,383 Total Assets $ 42,855,969 $ 40,345,034 Liabilities Notes payable (2) $ 33,289,722 $ 31,949,839 Various other liabilities 99,856 122,010 Total Liabilities $ 33,389,578 $ 32,071,849 (1) Certain amounts shown above are greater than the amounts shown in the corresponding line items in the accompanying Condensed Consolidated Balance Sheets due to intercompany eliminations between the VIEs and other entities consolidated by the Company. For example, for most of its securitizations, the Company retains one or more of the lowest tranches of bonds. Rather than showing investment in bonds as an asset and the associated debt as a liability, these amounts are eliminated in consolidation as required by GAAP. (2) Reflects the impacts of purchase accounting.
Summary of Cash Flows Received	A summary of the cash flows received from the Trusts for the three-month and six-month periods ended June 30, 2019 and 2018 is as follows: Three-Month Period Six-Month Period Ended June 30, (in thousands) 2019 2018 2019 2018 Receivables securitized (1) $ — $ 1,156,060 $ — $ 2,631,313 Net proceeds from new securitizations $ — $ 1,160,119 $ — $ 2,634,919 Cash received for servicing fees 9,357 12,616 19,608 20,694 Total cash received from Trusts $ 9,357 $ 1,172,735 $ 19,608 $ 2,655,613 (1) Represents the UPB at the time of original securitization. A summary of the cash flows received from the consolidated securitization Trusts for the three-month and six-month periods ended June 30, 2019 and 2018 is as follows: Three-Month Period Six-Month Period Ended June 30, (in thousands) 2019 2018 2019 2018 Assets securitized $ 4,913,261 $ 6,511,953 $ 9,841,723 $ 13,752,897 Net proceeds from new securitizations (1) $ 3,794,437 $ 4,581,874 $ 7,757,055 $ 8,058,196 Net proceeds from sale of retained bonds 99,999 382,022 117,305 593,632 Cash received for servicing fees (2) 289,634 213,900 497,959 429,690 Net distributions from Trusts (2) 1,078,665 780,834 1,671,434 1,325,986 Total cash received from Trusts $ 5,262,735 $ 5,958,630 $ 10,043,753 $ 10,407,504 (1) Includes additional advances on existing securitizations. (2) These amounts are not reflected in the accompanying Consolidated SCF because the cash flows are between the VIEs and other entities included in the consolidation.
Schedule of Off-balance Sheet Variable Interest Entities Portfolio	The portfolio was comprised as follows: (in thousands) June 30, 2019 December 31, 2018 Santander Private Auto Issuing Note ("SPAIN") trust $ 2,776,169 $ 3,461,793 Total serviced for related parties 2,776,169 3,461,793 Chrysler Capital securitizations 369,113 611,050 Total serviced for third parties 369,113 611,050 Total serviced for other portfolio $ 3,145,282 $ 4,072,843

GOODWILL AND OTHER INTANGIBLES

GOODWILL AND OTHER INTANGIBLES (Tables)	6 Months Ended
	Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The following table presents the Company's goodwill by its reporting units at June 30, 2019 : (in thousands) Consumer and Business Banking C&I (1) CRE and Vehicle Finance CIB SC Total Goodwill at December 31, 2018 $ 1,880,304 $ 1,412,995 $ — $ 131,130 $ 1,019,960 $ 4,444,389 Re-allocations during the period — (1,095,071 ) 1,095,071 — — — Goodwill at June 30, 2019 $ 1,880,304 $ 317,924 $ 1,095,071 $ 131,130 $ 1,019,960 $ 4,444,389 (1) Formerly Commercial Banking.
Schedule of Finite-Lived Intangible Assets	The following table details amounts related to the Company's intangible assets subject to amortization for the dates indicated. June 30, 2019 December 31, 2018 (in thousands) Net Carrying Amount Accumulated Amortization Net Carrying Amount Accumulated Amortization Intangibles subject to amortization: Dealer networks $ 367,590 $ (212,411 ) $ 387,196 $ (192,804 ) Chrysler relationship 57,500 (81,250 ) 65,000 (73,750 ) Trade name 14,100 (3,900 ) 14,700 (3,300 ) Other intangibles 6,497 (48,692 ) 8,297 (46,894 ) Total intangibles subject to amortization $ 445,687 $ (346,253 ) $ 475,193 $ (316,748 )
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	The estimated aggregate amortization expense related to intangibles, excluding any impairment charges, for each of the five succeeding calendar years ending December 31 is: Year Calendar Year Amount Recorded To Date Remaining Amount To Record (in thousands) 2019 $ 58,992 $ 29,508 $ 29,484 2020 58,657 — 58,657 2021 39,903 — 39,903 2022 39,901 — 39,901 2023 28,649 — 28,649 Thereafter 249,093 — 249,093

OTHER ASSETS (Tables)

OTHER ASSETS (Tables)	6 Months Ended
	Jun. 30, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Other Assets	The following is a detail of items that comprised other assets at June 30, 2019 and December 31, 2018 : (in thousands) June 30, 2019 December 31, 2018 Operating lease ROU assets $ 675,682 $ — Deferred tax assets 532,593 625,087 Accrued interest receivable 553,581 566,602 Derivative assets at fair value 576,625 511,916 Other repossessed assets 205,984 225,890 Equity method investments 216,387 204,687 MSRs 132,018 152,121 OREO 91,802 107,868 Miscellaneous assets, receivables and prepaid expenses 2,035,929 1,259,165 Total other assets $ 5,020,601 $ 3,653,336
Maturity of Lease Liabilities	Supplemental balance sheet information related to leases was as follows: Maturity of Lease Liabilities at June 30, 2019 Total Operating leases (in thousands) 2019 $ 70,504 2020 136,794 2021 126,511 2022 117,126 2023 102,823 Thereafter 264,521 Total lease liabilities $ 818,279 Less: Interest (87,490 ) Present value of lease liabilities $ 730,789
Operating Lease Term, Rate and Other Information	Operating Lease Term and Discount Rate June 30, 2019 Weighted-average remaining lease term (years) 7 Weighted-average discount rate 3.2 % Other Information June 30, 2019 (in thousands) Operating cash flows from operating leases (1) $ (61,597 ) Leased assets obtained in exchange for new operating lease liabilities $ 717,765 (1) Activity is included within the net change in other liabilities on the Condensed Consolidated SCF.

DEPOSITS AND OTHER CUSTOMER A_2

DEPOSITS AND OTHER CUSTOMER ACCOUNTS (Tables)	6 Months Ended
	Jun. 30, 2019
Deposits [Abstract]
Summary of Deposits and Other Customer Accounts	Deposits and other customer accounts are summarized as follows: June 30, 2019 December 31, 2018 (dollars in thousands) Balance Percent of total deposits Balance Percent of total deposits Interest-bearing demand deposits $ 10,328,504 16.2 % $ 8,827,704 14.4 % Non-interest-bearing demand deposits 14,687,583 23.1 % 14,420,450 23.4 % Savings 5,870,605 9.2 % 5,875,787 9.6 % Customer repurchase accounts 418,916 0.7 % 654,843 1.1 % Money market 23,756,860 37.2 % 24,263,929 39.4 % Certificates of deposit ("CDs") 8,657,586 13.6 % 7,468,667 12.1 % Total deposits (1) $ 63,720,054 100.0 % $ 61,511,380 100.0 % (1) Includes foreign deposits, as defined by the FRB, of $9.4 billion and $8.4 billion at June 30, 2019 and December 31, 2018 , respectively.

BORROWINGS (Tables)

BORROWINGS (Tables)	6 Months Ended
	Jun. 30, 2019
Debt Instrument [Line Items]
Schedule of Borrowings and Other Debt Obligation	The following table presents information regarding the Bank's borrowings and other debt obligations at the dates indicated: June 30, 2019 December 31, 2018 (dollars in thousands) Balance Effective Rate Balance Effective Rate Subordinated term loan, due February 2019 $ — — % $ 99,402 8.20 % FHLB advances, maturing through September 2021 6,775,000 2.75 % 4,850,000 2.74 % Real estate investment trust ("REIT") preferred, callable May 2020 125,311 13.08 % 145,590 13.22 % Subordinated term loan, due August 2022 — — % 26,770 9.95 % Total Bank borrowings and other debt obligations $ 6,900,311 2.94 % $ 5,121,762 3.18 % The following table presents information regarding the Parent Company and its subsidiaries' borrowings and other debt obligations at the dates indicated: June 30, 2019 December 31, 2018 (dollars in thousands) Balance Effective Rate Balance Effective Rate Parent Company 2.70% senior notes, due May 2019 $ — — % $ 178,628 2.82 % 2.65% senior notes, due April 2020 998,670 2.82 % 997,848 2.82 % 4.45% senior notes, due December 2021 996,183 4.61 % 995,540 4.61 % 3.70% senior notes, due March 2022 1,440,075 3.74 % 1,440,063 3.74 % 3.40% senior notes, due January 2023 995,432 3.54 % 994,831 3.54 % 3.50% senior notes, due June 2024 995,441 3.60 % — — % 4.50% senior notes, due July 2025 1,096,234 4.56 % 1,095,966 4.56 % 4.40% senior notes, due July 2027 1,049,806 4.40 % 1,049,799 4.40 % Senior notes, due July 2019 (1) 388,736 3.69 % 388,717 3.22 % Senior notes, due September 2019 (1) 370,955 3.66 % 370,936 3.18 % Senior notes, due January 2020 (1) 302,630 3.69 % 302,619 3.22 % Senior notes, due September 2020 (2) 108,845 3.55 % 108,888 3.17 % Senior notes, due June 2022 (1) 427,872 3.70 % 427,850 3.38 % Subsidiaries 2.00% subordinated debt, maturing through 2042 41,026 2.00 % 40,703 2.00 % Short-term borrowing, due within one year, maturing July 2019 22,000 2.35 % 44,000 2.40 % Short-term borrowing, due within one year, maturing July 2019 9,856 0.38 % 15,900 0.38 % Total Parent Company and subsidiaries' borrowings and other debt obligations $ 9,243,761 3.84 % $ 8,452,288 3.76 % (1) These notes bear interest at a rate equal to the three-month London Interbank Offered Rate (“LIBOR") plus 100 basis points per annum. (2) This note will bear interest at a rate equal to the three-month LIBOR plus 105 basis points per annum.
SC
Debt Instrument [Line Items]
Schedule of Borrowings and Other Debt Obligation	The following tables present information regarding SC's secured structured financings as of June 30, 2019 and December 31, 2018 , respectively: June 30, 2019 (dollars in thousands) Balance Initial Note Amounts Issued (3) Initial Weighted Average Interest Rate Range Collateral (2) Restricted Cash SC public securitizations, maturing on various dates between April 2021 and October 2026 (1) $ 19,094,235 $ 44,331,242 1.33% - 3.42% $ 24,972,094 $ 1,673,929 SC privately issued amortizing notes, maturing on various dates between July 2019 and September 2024 7,154,282 11,406,822 0.88% - 3.53% 10,529,218 19,231 Total SC secured structured financings $ 26,248,517 $ 55,738,064 0.88% - 3.53% $ 35,501,312 $ 1,693,160 (1) Securitizations executed under Rule 144A of the Securities Act of 1933, as amended (the "Securities Act"), are included within this balance. (2) Secured structured financings may be collateralized by SC's collateral overages of other issuances. (3) Excludes securitizations which no longer have outstanding debt and excludes any incremental borrowings. December 31, 2018 (dollars in thousands) Balance Initial Note Amounts Issued Initial Weighted Average Interest Rate Range Collateral Restricted Cash SC public securitizations, maturing on various dates between April 2021 and October 2026 $ 19,225,169 $ 41,380,952 1.16% - 3.53% $ 24,912,904 $ 1,541,714 SC privately issued amortizing notes, maturing on various dates between July 2019 and September 2024 7,676,351 11,305,368 0.88% - 3.17% 10,383,266 35,201 Total SC secured structured financings $ 26,901,520 $ 52,686,320 0.88% - 3.53% $ 35,296,170 $ 1,576,915 The following tables present information regarding SC's credit facilities as of June 30, 2019 and December 31, 2018 , respectively: June 30, 2019 (dollars in thousands) Balance Committed Amount Effective Rate Assets Pledged Restricted Cash Pledged Warehouse line, due March 2021 $ 1,061,345 $ 1,250,000 3.66 % $ 1,552,733 $ — Warehouse line, due November 2020 315,720 500,000 3.28 % 349,564 486 Warehouse line, due August 2020 (1) 2,966,543 4,400,000 3.73 % 4,080,313 3,849 Warehouse line, due October 2020 881,577 2,050,000 4.38 % 1,203,771 46 Warehouse line, due June 2021 186,983 500,000 4.04 % 267,358 — Warehouse line, due November 2020 585,400 1,000,000 3.76 % 922,796 — Warehouse line, due June 2021 90,900 350,000 5.66 % 101,504 239 Repurchase facility, due September 2019 (2) 330,062 330,062 3.80 % 452,740 — Repurchase facility, due July 2019 (2) 95,633 95,633 3.04 % 153,680 — Total SC revolving credit facilities $ 6,514,163 $ 10,475,695 3.81 % $ 9,084,459 $ 4,620 (1) This line is held exclusively for financing of Chrysler Capital leases. (2) The repurchase facilities are collateralized by securitization notes payable retained by SC. As the borrower, SC is exposed to liquidity risk due to changes in the market value of retained securities pledged. In some instances, SC places or receives cash collateral with counterparties under collateral arrangements associated with SC's repurchase agreements. The maturity date for the repurchase facility trade that expires in July 2019, was extended to October 2019. December 31, 2018 (dollars in thousands) Balance Committed Amount Effective Assets Pledged Restricted Cash Pledged Warehouse line, maturing on various dates $ 314,845 $ 1,250,000 4.83 % $ 458,390 $ — Warehouse line, due November 2020 317,020 500,000 3.53 % 359,214 525 Warehouse line, due August 2020 (1) 2,154,243 4,400,000 3.79 % 2,859,113 4,831 Warehouse line, due October 2020 242,377 2,050,000 5.94 % 345,599 120 Warehouse line, due August 2019 53,584 500,000 8.34 % 78,790 — Warehouse line, due November 2020 1,000,000 1,000,000 3.32 % 1,430,524 6 Warehouse line, due October 2019 97,200 350,000 4.35 % 108,418 328 Repurchase facility, due April 2019 (2) 167,118 167,118 3.84 % 235,540 — Repurchase facility, due March 2019 (2) 131,827 131,827 3.54 % 166,308 — Total SC revolving credit facilities $ 4,478,214 $ 10,348,945 3.91 % $ 6,041,896 $ 5,810 (1), (2) See corresponding footnotes to the June 30, 2019 credit facilities table above.

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME / (LOSS) (Tables)	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income / (Loss)	The following table presents the components of accumulated other comprehensive income/(loss), net of related tax, for the three-month and six-month periods ended June 30, 2019 and 2018 , respectively. Total Other Total Accumulated Three-Month Period Ended June 30, 2019 March 31, 2019 June 30, 2019 (in thousands) Pretax Tax Net Activity Beginning Net Ending Change in accumulated OCI on cash flow hedge derivative financial instruments $ 15,761 $ (10,969 ) $ 4,792 Reclassification adjustment for net (gains) on cash flow hedge derivative financial instruments (1) (5,058 ) 1,399 (3,659 ) Net unrealized gains on cash flow hedge derivative financial instruments 10,703 (9,570 ) 1,133 $ (12,809 ) $ 1,133 $ (11,676 ) Change in unrealized gains on investments in debt securities AFS 152,353 (37,266 ) 115,087 Reclassification adjustment for (gains) included in net income/(expense) on non-OTTI securities (2) (2,379 ) 582 (1,797 ) Net unrealized gains on investments in debt securities AFS 149,974 (36,684 ) 113,290 (154,263 ) 113,290 (40,973 ) Pension and post-retirement actuarial gain (3) 6,274 (183 ) 6,091 (49,961 ) 6,091 (43,870 ) As of June 30, 2019 $ 166,951 $ (46,437 ) $ 120,514 $ (217,033 ) $ 120,514 $ (96,519 ) Total Other Total Accumulated Six-Month Period Ended June 30, 2019 December 31, 2018 June 30, 2019 (in thousands) Pretax Tax Net Activity Beginning Net Ending Change in accumulated OCI on cash flow hedge derivative financial instruments $ 26,163 $ (12,971 ) $ 13,192 Reclassification adjustment for net (gains) on cash flow hedge derivative financial instruments (1) (7,181 ) 2,126 (5,055 ) Net unrealized gains on cash flow hedge derivative financial instruments 18,982 (10,845 ) 8,137 $ (19,813 ) $ 8,137 $ (11,676 ) Change in unrealized gains on investments in debt securities 273,730 (68,652 ) 205,078 Reclassification adjustment for net (gains) included in net income/(expense) on non-OTTI securities (2) (379 ) 95 (284 ) Net unrealized gains on investments in debt securities 273,351 (68,557 ) 204,794 (245,767 ) 204,794 (40,973 ) Pension and post-retirement actuarial gain (3) 12,575 (373 ) 12,202 (56,072 ) 12,202 (43,870 ) As of June 30, 2019 $ 304,908 $ (79,775 ) $ 225,133 $ (321,652 ) $ 225,133 $ (96,519 ) (1) Net gains/(losses) reclassified into Interest on borrowings and other debt obligations in the Condensed Consolidated Statements of Operations for settlements of interest rate swap contracts designated as cash flow hedges. (2) Net (gains)/losses reclassified into Net gain on sale of investment securities sales in the Condensed Consolidated Statements of Operations for the sale of AFS securities. (3) Included in the computation of net periodic pension costs. NOTE 11. ACCUMULATED OTHER COMPREHENSIVE INCOME / (LOSS) (continued) Total Other Total Accumulated Three-Month Period Ended June 30, 2018 March 31, 2018 June 30, 2018 (in thousands) Pretax Tax Net Activity Beginning Net Ending Change in accumulated other comprehensive income on cash flow hedge derivative financial instruments $ (21,956 ) $ 6,772 $ (15,184 ) Reclassification adjustment for net losses on cash flow hedge derivative financial instruments (1) 15,332 (4,887 ) 10,445 Net unrealized (losses) on cash flow hedge derivative financial instruments (6,624 ) 1,885 (4,739 ) $ (23,752 ) $ (4,739 ) $ (28,491 ) Change in unrealized (losses) on investment securities AFS (46,198 ) 11,459 (34,739 ) Reclassification adjustment for net (gains) included in net income/(expense) on non-OTTI securities (2) (419 ) 104 (315 ) Net unrealized (losses) on investment securities AFS (46,617 ) 11,563 (35,054 ) (290,522 ) (35,054 ) (325,576 ) Pension and post-retirement actuarial gain (4) 842 (217 ) 625 (56,007 ) 625 (55,382 ) As of June 30, 2018 $ (52,399 ) $ 13,231 $ (39,168 ) $ (370,281 ) $ (39,168 ) $ (409,449 ) Total Other Total Accumulated Six-Month Period Ended June 30, 2018 December 31, 2017 June 30, 2018 (in thousands) Pretax Tax Net Activity Beginning Net Ending Change in accumulated OCI on cash flow hedge derivative financial instruments $ (23,788 ) $ 2,018 $ (21,770 ) Reclassification adjustment for net losses on cash flow hedge derivative financial instruments (1) 13,645 (4,349 ) 9,296 Net unrealized (losses) on cash flow hedge derivative financial instruments (10,143 ) (2,331 ) (12,474 ) $ (6,388 ) $ (12,474 ) Cumulative impact of adoption of new ASUs (4) (9,629 ) Net unrealized (losses) on cash flow hedge derivative financial instruments upon adoption (22,103 ) (28,491 ) Change in unrealized (losses) on investment securities (183,158 ) 22,246 (160,912 ) Reclassification adjustment for net losses included in net income/(expense) on non-OTTI securities (2) 244 (32 ) 212 Net unrealized (losses) on investment securities (182,914 ) 22,214 (160,700 ) (140,498 ) (160,700 ) Cumulative impact of adoption of new ASU (4) (24,378 ) Net unrealized (losses) on investments in debt securities (185,078 ) (325,576 ) Pension and post-retirement actuarial gain (3) 6,771 (5,521 ) 1,250 (51,545 ) 1,250 Cumulative impact of adoption of new ASUs (4) (5,087 ) Pension and post-retirement actuarial gain upon adoption (3,837 ) (55,382 ) As of June 30, 2018 $ (186,286 ) $ 14,362 $ (171,924 ) $ (198,431 ) $ (211,018 ) $ (409,449 ) (1) Net (losses)/gains reclassified into Interest on borrowings and other debt obligations in the Condensed Consolidated Statements of Operations for settlements of interest rate swap contracts designated as cash flow hedges. (2) Net (gains)/losses reclassified into Net gain on sale of investment securities sales in the Condensed Consolidated Statements of Operations for the sale of AFS securities. (3) Included in the computation of net periodic pension costs. (4) Includes impact of OCI reclassified to Retained earnings as a result of the adoption of ASU 2018-02. Refer to Note 1 for further discussion.

DERIVATIVES (Tables)

DERIVATIVES (Tables)	6 Months Ended
	Jun. 30, 2019
Derivative [Line Items]
Impact of Derivative Activities in the Condensed Consolidated Statement of Operations	The following Condensed Consolidated Statement of Operations line items were impacted by the Company’s derivative activities for the three-month and six-month periods ended June 30, 2019 and 2018 : (in thousands) Three-Month Period Six-Month Period Ended June 30, Derivative Activity (1) Line Item 2019 2018 2019 2018 Cash flow hedges: Pay fixed-receive variable interest rate swaps Interest expense on borrowings $ 13,842 $ 7,925 $ 26,782 $ 10,689 Pay variable receive-fixed interest rate swap Interest income on loans (11,250 ) (5,023 ) (22,698 ) (7,043 ) Other derivative activities: Forward commitments to sell loans Miscellaneous income, net (819 ) (239 ) 834 (753 ) Interest rate lock commitments Miscellaneous income, net 1,495 131 1,794 279 Mortgage servicing Miscellaneous income, net 12,947 (3,512 ) 21,301 (12,662 ) Customer-related derivatives Miscellaneous income, net (2,291 ) 4,034 (16,350 ) 9,903 Foreign exchange Miscellaneous income, net 6,044 4,987 29,977 8,706 Interest rate swaps, caps, and options Miscellaneous income, net 5,421 193 7,866 10,232 Other Miscellaneous income, net 843 248 (368 ) (2,383 ) (1) Gains are disclosed as positive numbers while losses are shown as a negative number regardless of the line item being affected.
Offsetting of Financial Assets	Information about financial assets and liabilities that are eligible for offset on the Condensed Consolidated Balance Sheets as of June 30, 2019 and December 31, 2018 , respectively, is presented in the following tables: Offsetting of Financial Assets Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet (in thousands) Gross Amounts of Recognized Assets Gross Amounts Offset in the Condensed Consolidated Balance Sheet Net Amounts of Assets Presented in the Condensed Consolidated Balance Sheet Collateral Received (3) Net Amount June 30, 2019 Cash flow hedges $ 36,733 $ — $ 36,733 $ 19,236 $ 17,497 Other derivative activities (1) 536,385 964 535,421 63,216 472,205 Total derivatives subject to a master netting arrangement or similar arrangement 573,118 964 572,154 82,452 489,702 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 4,471 — 4,471 — 4,471 Total Derivative Assets $ 577,589 $ 964 $ 576,625 $ 82,452 $ 494,173 December 31, 2018 Cash flow hedges $ 54,986 $ — $ 54,986 $ 22,451 $ 32,535 Other derivative activities (1) 460,822 6,570 454,252 117,582 336,670 Total derivatives subject to a master netting arrangement or similar arrangement 515,808 6,570 509,238 140,033 369,205 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 2,677 — 2,677 — 2,677 Total Derivative Assets $ 518,485 $ 6,570 $ 511,915 $ 140,033 $ 371,882 (1) Includes customer-related and other derivatives. (2) Includes mortgage banking derivatives. (3) Collateral received includes cash, cash equivalents, and other financial instruments. Cash collateral received is reported in Other liabilities, as applicable, in the Condensed Consolidated Balance Sheets . Financial instruments that are pledged to the Company are not reflected in the accompanying Condensed Consolidated Balance Sheets since the Company does not control or have the ability to rehypothecate these instruments.
Offsetting of Financial Liabilities	Offsetting of Financial Liabilities Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet (in thousands) Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Condensed Consolidated Balance Sheet Net Amounts of Liabilities Presented in the Condensed Consolidated Balance Sheet Collateral Pledged (3) Net Amount June 30, 2019 Cash flow hedges $ 64,537 $ — $ 64,537 $ 62,437 $ 2,100 Other derivative activities (1) 480,818 9,773 471,045 430,795 40,250 Total derivatives subject to a master netting arrangement or similar arrangement 545,355 9,773 535,582 493,232 42,350 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 3,984 — 3,984 3,855 129 Total Derivative Liabilities $ 549,339 $ 9,773 $ 539,566 $ 497,087 $ 42,479 December 31, 2018 Cash flow hedges $ 100,272 $ — $ 100,272 $ 5,612 $ 94,660 Other derivative activities (1) 392,338 13,422 378,916 316,285 62,631 Total derivatives subject to a master netting arrangement or similar arrangement 492,610 13,422 479,188 321,897 157,291 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 4,821 — 4,821 3,827 994 Total Derivative Liabilities $ 497,431 $ 13,422 $ 484,009 $ 325,724 $ 158,285 (1) Includes customer-related and other derivatives. (2) Includes mortgage banking derivatives. (3) Cash collateral pledged and financial instruments pledged is reported in Other assets, in the Condensed Consolidated Balance Sheets . In certain instances, the Company is over-collateralized since the actual amount of collateral pledged exceeds the associated financial liability. As a result, the actual amount of collateral pledged that is reported in Other assets may be greater than the amount shown in the table above.
Designated as hedging instrument
Derivative [Line Items]
Schedule of Derivative Instruments	Derivatives designated as accounting hedges at June 30, 2019 and December 31, 2018 included: (dollars in thousands) Notional Amount Asset Liability Weighted Average Receive Rate Weighted Average Pay Rate Weighted Average Life (Years) June 30, 2019 Cash flow hedges: Pay fixed — receive variable interest rate swaps $ 4,150,000 $ 12,225 $ 41,037 2.35 % 1.79 % 1.60 Pay variable - receive fixed interest rate swaps 4,300,000 1,754 23,454 1.42 % 2.26 % 1.62 Interest rate floor 3,650,000 22,754 46 — % — % 1.65 Total $ 12,100,000 $ 36,733 $ 64,537 1.31 % 1.42 % 1.62 December 31, 2018 Cash flow hedges: Pay fixed — receive variable interest rate swaps $ 4,176,105 $ 44,054 $ 10,503 2.67 % 1.74 % 2.07 Pay variable - receive fixed interest rate swaps 4,000,000 — 89,769 1.41 % 2.40 % 2.02 Interest rate floor 2,000,000 10,932 — 0.04 % — % 1.91 Total $ 10,176,105 $ 54,986 $ 100,272 1.66 % 1.66 % 2.02
Not designated as hedging instrument
Derivative [Line Items]
Schedule of Other Derivative Activities	Other derivative activities at June 30, 2019 and December 31, 2018 included: Notional Asset derivatives Fair value Liability derivatives Fair value (in thousands) June 30, 2019 December 31, 2018 June 30, 2019 December 31, 2018 June 30, 2019 December 31, 2018 Mortgage banking derivatives: Forward commitments to sell loans $ 589,064 $ 329,189 $ — $ 4 $ 3,984 $ 4,821 Interest rate lock commitments 367,206 133,680 4,471 2,677 — — Mortgage servicing 420,000 455,000 14,863 1,575 243 8,953 Total mortgage banking risk management 1,376,270 917,869 19,334 4,256 4,227 13,774 Customer-related derivatives: Swaps receive fixed 10,626,331 11,335,998 360,742 92,542 9,812 120,185 Swaps pay fixed 11,132,874 11,825,804 21,283 163,673 311,582 72,662 Other 2,112,235 2,162,302 3,398 11,151 8,286 14,294 Total customer-related derivatives 23,871,440 25,324,104 385,423 267,366 329,680 207,141 Other derivative activities: Foreign exchange contracts 4,684,232 3,635,119 34,533 47,330 36,849 37,466 Interest rate swap agreements 2,120,371 2,281,379 2,992 11,553 13,219 3,264 Interest rate cap agreements 9,219,924 7,758,710 88,247 128,467 — — Options for interest rate cap agreements 9,203,381 7,741,765 — — 88,240 128,377 Other 1,140,641 1,038,558 10,327 4,527 12,587 7,137 Total $ 51,616,259 $ 48,697,504 $ 540,856 $ 463,499 $ 484,802 $ 397,159

FAIR VALUE (Tables)

FAIR VALUE (Tables)	6 Months Ended
	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following tables present the assets and liabilities that are measured at fair value on a recurring basis by major product category and fair value hierarchy as of June 30, 2019 and December 31, 2018 . (in thousands) Level 1 Level 2 Level 3 Balance at Level 1 Level 2 Level 3 Balance at Financial assets: U.S. Treasury securities $ — $ 3,124,176 $ — $ 3,124,176 $ 526,364 $ 1,278,381 $ — $ 1,804,745 Corporate debt — 158,500 — 158,500 — 160,114 — 160,114 ABS — 92,945 324,979 417,924 — 109,638 327,199 436,837 State and municipal securities — 13 — 13 — 16 — 16 MBS — 8,201,842 — 8,201,842 — 9,231,275 — 9,231,275 Investment in debt securities AFS (3) — 11,577,476 324,979 11,902,455 526,364 10,779,424 327,199 11,632,987 Other investments - trading securities — 2,302 — 2,302 4 6 — 10 RICs HFI (4) — — 104,193 104,193 — — 126,312 126,312 LHFS (1)(5) — 259,171 — 259,171 — 209,506 — 209,506 MSRs (2) — — 129,913 129,913 — — 149,660 149,660 Other assets - derivatives (3) — 573,050 4,539 577,589 — 515,781 2,704 518,485 Total financial assets (6) $ — $ 12,411,999 $ 563,624 $ 12,975,623 $ 526,368 $ 11,504,717 $ 605,875 $ 12,636,960 Financial liabilities: Other liabilities - derivatives (3) — 546,739 2,600 549,339 — 496,593 838 497,431 Total financial liabilities $ — $ 546,739 $ 2,600 $ 549,339 $ — $ 496,593 $ 838 $ 497,431 (1) LHFS disclosed on the Condensed Consolidated Balance Sheet s also includes LHFS that are held at the lower of cost or fair value and are not presented within this table. (2) The Company had total MSRs of $132.0 million and $152.1 million as of June 30, 2019 .and December 31, 2018 , respectively. The Company has elected to account for the majority of its MSR balance using the FVO, while the remainder of the MSRs are accounted for using the lower of cost or fair value and are not presented within this table. (3) Refer to Note 3 for the fair value of investment securities and to Note 12 for the fair values of derivative assets and liabilities on a further disaggregated basis. (4) RICs collateralized by vehicle titles at SC and RV/marine loans at SBNA. (5) Residential mortgage loans. (6) Approximately $563.6 million of these financial assets were measured using model-based techniques, or Level 3 inputs, and represented approximately 4.3% of total assets measured at fair value on a recurring basis and approximately 0.4% of total consolidated assets.
Fair Value Measurements, Nonrecurring	Assets measured at fair value on a nonrecurring basis that were still held on the balance sheet were as follows: (in thousands) Level 1 Level 2 Level 3 Balance at Level 1 Level 2 Level 3 Balance at Impaired commercial LHFI $ — $ 126,975 $ 223,289 $ 350,264 $ 5,182 $ 150,208 $ 219,258 $ 374,648 Foreclosed assets — 13,912 70,181 84,093 — 16,678 81,208 97,886 Vehicle inventory — 334,325 — 334,325 — 342,617 — 342,617 LHFS (1) — 832,056 1,432,461 2,264,517 — — 1,073,795 1,073,795 Auto loans impaired due to bankruptcy — 184,543 — 184,543 — 189,114 — 189,114 MSRs — — 8,636 8,636 — — 9,386 9,386 (1) These amounts include $1.0 billion and $1.1 billion of personal LHFS that were impaired as of June 30, 2019 and December 31, 2018 , respectively.
Increases and Decreases in Value of Certain Assets Measured at Fair Value on Nonrecurring Basis	The following table presents the increases and decreases in value of certain assets that are measured at fair value on a nonrecurring basis for which a fair value adjustment has been included in the Condensed Consolidated Statements of Operations relating to assets held at period-end: Three-Month Period Ended June 30 Six-Month Period Ended June 30, (in thousands) Statement of Operations Location 2019 2018 2019 2018 Impaired LHFI Provision for credit losses $ 479 $ 29,891 $ (6,113 ) $ 579 Foreclosed assets Miscellaneous income, net (1) (1,532 ) (2,129 ) (3,784 ) (4,601 ) LHFS Provision for credit losses — (6 ) — (387 ) LHFS Miscellaneous income, net (1) (104,365 ) (79,221 ) (172,038 ) (149,711 ) Auto loans impaired due to bankruptcy Provision for credit losses (7,254 ) (6,667 ) (11,664 ) (88,812 ) MSRs Miscellaneous income, net (1) (182 ) 929 (355 ) 380 (1) Gains are disclosed as positive numbers while losses are shown as a negative number regardless of the line item being affected.
Rollforward for Recurring Assets and Liabilities	The tables below present the changes in Level 3 balances for the three-month and six-month periods ended June 30, 2019 and 2018 , respectively, for those assets and liabilities measured at fair value on a recurring basis. Three-Month Period Ended June 30, 2019 Three-Month Period Ended June 30, 2018 (in thousands) Investments RICs HFI MSRs Derivatives, net Total Investments RICs HFI MSRs Derivatives, net Total Balances, beginning of period $ 326,108 $ 114,809 $ 140,134 $ 1,252 $ 582,303 $ 348,634 $ 167,597 $ 160,130 $ 1,746 $ 678,107 Losses in other comprehensive income (830 ) — — — (830 ) (1,275 ) — — — (1,275 ) Gains/(losses) in earnings — 3,405 (14,691 ) 599 (10,687 ) — 4,760 (1,274 ) (1,299 ) 2,187 Additions/Issuances — 2,079 8,206 — 10,285 — 1,927 2,841 — 4,768 Settlements (1) (299 ) (16,100 ) (3,736 ) 88 (20,047 ) (503 ) (22,202 ) (3,227 ) 98 (25,834 ) Balances, end of period $ 324,979 $ 104,193 $ 129,913 $ 1,939 $ 561,024 $ 346,856 $ 152,082 $ 158,470 $ 545 $ 657,953 Changes in unrealized gains (losses) included in earnings related to balances still held at end of period $ — $ 3,405 $ (14,691 ) $ (896 ) $ (12,182 ) $ — $ 4,760 $ (1,274 ) $ (1,430 ) $ 2,056 Six-Month Period Ended June 30, 2019 Six-Month Period Ended June 30, 2018 (in thousands) Investments RICs HFI MSRs Derivatives, net Total Investments RICs HFI MSRs Derivatives, net Total Balances, beginning of period $ 327,199 $ 126,312 $ 149,660 $ 1,866 $ 605,037 $ 350,252 $ 186,471 $ 145,993 $ 1,514 $ 684,230 Losses in OCI (1,502 ) — — — (1,502 ) (1,774 ) — — — (1,774 ) Gains/(losses) in earnings — 6,952 (23,937 ) (101 ) (17,086 ) — 10,036 13,769 (1,165 ) 22,640 Additions/Issuances — 2,079 11,103 — 13,182 — 3,276 5,597 — 8,873 Settlements (1) (718 ) (31,150 ) (6,913 ) 174 (38,607 ) (1,622 ) (47,701 ) (6,889 ) 196 (56,016 ) Balances, end of period $ 324,979 $ 104,193 $ 129,913 $ 1,939 $ 561,024 $ 346,856 $ 152,082 $ 158,470 $ 545 $ 657,953 Changes in unrealized gains (losses) included in earnings related to balances still held at end of period $ — $ 6,952 $ (23,937 ) $ (1,895 ) $ (18,880 ) $ — $ 10,036 $ 13,769 $ (1,444 ) $ 22,361 (1) Settlements include charge-offs, prepayments, paydowns and maturities.
Quantitative Information on Level 3 Recurring Assets and Liabilities	The following table presents quantitative information about the significant unobservable inputs within significant Level 3 recurring and nonrecurring assets and liabilities at June 30, 2019 and December 31, 2018 , respectively: (dollars in thousands) Fair Value at June 30, 2019 Valuation Technique Unobservable Inputs Range Financial Assets: ABS Financing bonds $ 301,589 DCF Discount Rate (1) 1.68% - 2.51% (2.37%) Sale-leaseback securities 23,390 Consensus Pricing (2) Offered quotes (3) 108.16 % RICs HFI 104,193 DCF CPR (4) 6.66 % Discount Rate (5) 9.50% - 14.50% (12.78%) Recovery Rate (6) 25.00% - 43.00% (41.42%) Personal LHFS (10) 955,729 Lower of Market or Income Approach Market Participant View 70.00% - 80.00% Discount Rate 15.00% - 25.00% Default Rate 30.00% - 40.00% Net Principal & Interest Payment Rate 70.00% - 85.00% Loss Severity Rate 90.00% - 95.00% MSRs (9) 129,913 DCF CPR (7) 6.96% - 100.00% (11.68%) Discount Rate (8) 9.61 % (1) Based on the applicable term and discount index. (2) Consensus pricing refers to fair value estimates that are generally developed using information such as dealer quotes or other third-party valuations or comparable asset prices. (3) Based on the nature of the input, a range or weighted average does not exist. For sale-leaseback securities, the Company owns one security. (4) Based on the analysis of available data from a comparable market securitization of similar assets. (5) Based on the cost of funding of debt issuance and recent historical equity yields. (6) Based on the average severity utilizing reported severity rates and loss severity utilizing available market data from a comparable securitized pool. (7) Average CPR projected from collateral stratified by loan type and note rate. (8) Average discount rate from collateral stratified by loan type and note rate. (9) Excludes MSR valued on a non-recurring basis for which we do not consider there to be significant unobservable assumptions. (10) Excludes non-significant Level 3 LHFS portfolios. (dollars in thousands) Fair Value at December 31, 2018 Valuation Technique Unobservable Inputs Range Financial Assets: ABS Financing bonds $ 303,224 DCF Discount Rate (1) 2.68% - 2.73% (2.69%) Sale-leaseback securities 23,975 Consensus Pricing (2) Offered Quotes (3) 110.28 % RICs HFI 126,312 DCF CPR (4) 6.66 % Discount Rate (5) 9.50% - 14.50% (12.55%) Recovery Rate (6) 25.00% - 43.00% (41.6%) Personal LHFS (10) 1,068,757 Lower of Market or Income Approach Market Participant View 70.00% - 80.00% Discount Rate 15.00% - 25.00% Default Rate 30.00% - 40.00% Net Principal & Interest Payment Rate 70.00% - 85.00% Loss Severity Rate 90.00% - 95.00% MSRs (9) 149,660 DCF CPR (7) 7.06% - 100.00% (9.22%) Discount Rate (8) 9.71 % (1), (2), (3), (4), (5), (6), (7), (8), (9), (10) - See corresponding footnotes to the June 30, 2019 Level 3 significant inputs table above.
Schedule of Fair Value of Financial Instruments	The carrying amounts and estimated fair values, as well as the level within the fair value hierarchy, of the Company's financial instruments are as follows: June 30, 2019 December 31, 2018 (in thousands) Carrying Value Fair Value Level 1 Level 2 Level 3 Carrying Value Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 8,019,284 $ 8,019,284 $ 8,019,284 $ — $ — $ 7,790,593 $ 7,790,593 $ 7,790,593 $ — $ — Investment in debt securities AFS 11,902,455 11,902,455 — 11,577,476 324,979 11,632,987 11,632,987 526,364 10,779,424 327,199 Investment in debt securities HTM 2,955,751 2,969,488 — 2,969,488 — 2,750,680 2,676,049 — 2,676,049 — Other investments - trading securities 2,302 2,302 — 2,302 — 10 10 4 6 — LHFI, net 86,188,234 87,891,554 — 126,975 87,764,579 83,148,738 83,415,697 5,182 150,208 83,260,307 LHFS 2,523,688 2,523,758 — 1,091,227 1,432,531 1,283,278 1,283,301 — 209,506 1,073,795 Restricted cash 3,417,993 3,417,993 3,417,993 — — 2,931,711 2,931,711 2,931,711 — — MSRs (1) 132,018 138,549 — — 138,549 152,121 159,046 — — 159,046 Derivatives 577,589 577,589 — 573,050 4,539 518,485 518,485 — 515,781 2,704 Financial liabilities: Deposits 63,720,054 63,726,203 55,063,569 8,662,634 — 61,511,380 61,456,268 54,039,848 7,416,420 — Borrowings and other debt obligations 48,906,752 49,497,911 — 35,593,434 13,904,477 44,953,784 45,083,518 — 31,494,126 13,589,392 Derivatives 549,339 549,339 — 546,739 2,600 497,431 497,431 — 496,593 838 (1) The Company has elected to account for the majority of its MSR balance using the FVO, while the remainder of the MSRs are accounted for using the lower of cost or fair value.
Summary of Difference Between Fair Value and Principal Balance of LHFS	The following table summarizes the differences between the fair value and the principal balance of LHFS and RICs measured at fair value on a recurring basis as of June 30, 2019 and December 31, 2018 : June 30, 2019 December 31, 2018 (in thousands) Fair Value Aggregate UPB Difference Fair Value Aggregate UPB Difference LHFS (1) $ 259,171 $ 252,437 $ 6,734 $ 209,506 $ 204,061 $ 5,445 RICs HFI 104,193 118,036 (13,843 ) 126,312 142,882 (16,570 ) Nonaccrual loans 3,992 6,140 (2,148 ) 7,630 10,427 (2,797 ) (1) LHFS disclosed on the Condensed Consolidated Balance Sheet s also includes LHFS that are held at the lower of cost or fair value that are not presented within this table. There were no nonaccrual loans related to the LHFS measured using the FVO.

NON-INTEREST INCOME AND OTHER_2

NON-INTEREST INCOME AND OTHER EXPENSES (Tables)	6 Months Ended
	Jun. 30, 2019
Revenue from Contract with Customer [Abstract]
Details of Non-Interest Income	The following table presents the details of the Company's Non-interest income for the following periods: Three-Month Period Ended June 30, Six-Month Period Ended June 30, (in thousands) 2019 2018 2019 2018 Non-interest income: Consumer and commercial fees $ 146,499 $ 136,165 $ 279,517 $ 276,337 Lease income 705,835 569,306 1,380,720 1,110,202 Miscellaneous income, net Mortgage banking income, net 13,908 2,933 22,723 19,278 BOLI 16,113 14,816 30,431 29,384 Capital market revenue 48,442 41,083 97,964 97,696 Net gain on sale of operating leases 48,479 65,742 72,490 118,941 Asset and wealth management fees 44,157 43,922 87,204 87,259 Loss on sale of non-mortgage loans (83,916 ) (74,872 ) (151,373 ) (118,782 ) Other miscellaneous income, net 21,088 19,659 38,376 309 Net gains/(losses) on sale of investment securities 2,379 419 379 (244 ) Total Non-interest income $ 962,984 $ 819,173 $ 1,858,431 $ 1,620,380
Disaggregation of Revenue from Contracts with Customers	The following table presents the Company's Non-interest income disaggregated by revenue source: Three-Month Period Ended June 30, Six-Month Period Ended June 30, (in thousands) 2019 2018 2019 2018 Non-interest income: In-scope of revenue from contracts with customers: Depository services (1) $ 60,115 $ 57,432 $ 116,282 $ 115,778 Commission and trailer fees (2) 40,987 31,982 79,636 61,432 Interchange income, net (2) 17,851 16,170 32,963 29,643 Underwriting service fees (2) 27,249 24,840 50,792 49,344 Asset and wealth management fees (2) 37,077 42,151 73,997 80,354 Other revenue from contracts with customers (2) 11,895 7,684 20,379 17,686 Total In-scope of revenue from contracts with customers 195,174 180,259 374,049 354,237 Out-of-scope of revenue from contracts with customers: Consumer and commercial fees (3) 75,794 70,971 141,540 144,175 Lease income 705,835 569,306 1,380,720 1,110,202 Miscellaneous income/(loss) (3) (16,198 ) (1,782 ) (38,257 ) 12,010 Net gains/(losses) on sale of investment securities 2,379 419 379 (244 ) Total Out-of-scope of revenue from contracts with customers 767,810 638,914 1,484,382 1,266,143 Total Non-interest income $ 962,984 $ 819,173 $ 1,858,431 $ 1,620,380 (1) Primarily recorded in the Company's Condensed Consolidated Statements of Operations within Consumer and commercial fees . (2) Primarily recorded in the Company's Condensed Consolidated Statements of Operations within Miscellaneous income, net. (3) The balance presented excludes certain revenue streams that are considered in-scope and presented above.
Schedule of Other Expense	The following table presents the Company's other expenses for the following periods: Three-Month Period Ended June 30, Six-Month Period Ended June 30, (in thousands) 2019 2018 2019 (1) 2018 Other expenses: Amortization of intangibles $ 14,742 $ 15,288 $ 29,508 $ 30,576 Deposit insurance premiums and other expenses 10,507 14,804 42,244 31,564 Loss on debt extinguishment 1,109 1,201 1,127 3,413 Other administrative expenses 122,644 135,565 258,529 239,747 Other miscellaneous expenses 11,502 1,508 14,828 2,946 Total Other expenses $ 160,504 $ 168,366 $ 346,236 $ 308,246 (1) The six-month period ended June 30, 2019 includes $25.3 million of FDIC insurance premiums that relates to periods from the first quarter of 2015 through the fourth quarter of 2018. The Company has concluded that the out-of-period correction is immaterial to all impacted periods.

COMMITMENTS, CONTINGENCIES AN_2

COMMITMENTS, CONTINGENCIES AND GUARANTEES (Tables)	6 Months Ended
	Jun. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Schedule of Commitments Amount	The following table details the amount of commitments at the dates indicated: Other Commitments June 30, 2019 December 31, 2018 (in thousands) Commitments to extend credit $ 30,753,795 $ 30,269,311 Letters of credit 1,342,137 1,488,714 Commitments to sell loans 820,625 875 Unsecured revolving lines of credit 27,745 28,145 Recourse exposure on sold loans 51,169 49,733 Total commitments $ 32,995,471 $ 31,836,778
Summary of Liabilities for Commitments and Contingencies	The following table summarizes liabilities recorded for commitments and contingencies as of March 31, 2019 and 2018, all of which are included in Accounts payable and accrued expenses in the accompanying Condensed Consolidated Balance Sheet s: Agreement or Legal Matter Commitment or Contingency June 30, 2019 December 31, 2018 (in thousands) Chrysler Agreement Revenue-sharing and gain/(loss), net-sharing payments $ 19,893 $ 7,001 Agreement with Bank of America Servicer performance fee 5,249 6,353 Agreement with Citizens Bank of Philadelphia (CBP") Loss-sharing payments 2,498 3,708 Other contingencies Consumer arrangements 596 2,138

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	6 Months Ended
	Jun. 30, 2019
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	Contributions from Santander that impact common stock and paid-in capital within the Condensed Consolidated Statements of Stockholder's Equity are disclosed within the table below: Six-Month Period Ended June 30, (in thousands) 2019 2018 Cash contribution $ 75,901 $ 5,741 Adjustment to book value of assets purchased on January 1 — 277 Deferred tax asset on purchased assets — 3,156 Contribution from shareholder $ 75,901 $ 9,174

BUSINESS SEGMENT INFORMATION (T

BUSINESS SEGMENT INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2019
Segment Reporting [Abstract]
Schedule of Segment Reporting Information	The following tables present certain information regarding the Company’s segments. For the Three-Month Period Ended SHUSA Reportable Segments June 30, 2019 Consumer & Business Banking C&I CRE & VF CIB Other (2) SC (3) SC Purchase Price Adjustments (4) Eliminations (4) Total (in thousands) Net interest income $ 374,187 $ 57,428 $ 105,148 $ 40,033 $ 30,715 $ 992,485 $ 9,802 $ 11,927 $ 1,621,725 Non-interest income 86,543 16,738 3,194 54,423 114,251 713,737 2,313 (28,215 ) 962,984 Provision for/(release of) credit losses 40,215 6,925 3,534 (4,188 ) 4,622 430,676 (1,152 ) — 480,632 Total expenses 404,102 59,508 32,593 66,120 181,599 795,514 9,860 (6,910 ) 1,542,386 Income/(loss) before income taxes 16,413 7,733 72,215 32,524 (41,255 ) 480,032 3,407 (9,378 ) 561,691 Intersegment revenue/(expense) (1) 581 1,053 1,782 (3,401 ) (15 ) — — — — For the Six-Month Period Ended SHUSA Reportable Segments June 30, 2019 Consumer & Business Banking C&I CRE & VF CIB Other (2) SC (3) SC Purchase Price Adjustments (4) Eliminations (4) Total (in thousands) Net interest income $ 739,164 $ 110,771 $ 207,714 $ 78,068 $ 71,904 $ 1,976,050 $ 17,126 $ 23,813 $ 3,224,610 Non-interest income 161,200 33,010 6,433 106,629 206,633 1,389,291 4,314 (49,079 ) 1,858,431 Provision for/(release of) credit losses 77,215 15,585 3,400 (2,746 ) 8,393 981,555 (2,559 ) — 1,080,843 Total expenses 794,073 114,183 62,667 132,560 406,301 1,566,487 20,390 (11,860 ) 3,084,801 Income/(loss) before income taxes 29,076 14,013 148,080 54,883 (136,157 ) 817,299 3,609 (13,406 ) 917,397 Intersegment revenue/(expense) (1) 976 2,304 3,791 (7,071 ) — — — — — Total assets 22,801,820 7,442,924 18,809,753 10,178,060 38,261,781 46,416,093 — — 143,910,431 (1) Intersegment revenue/(expense) represents charges or credits for funds used or provided by each of the segments and is included in net interest income. (2) Other includes the results of the entities transferred to the IHC, earnings from non-strategic assets, the investment portfolio, interest expense on the Bank’s and the Company's borrowings and other debt obligations, amortization of intangible assets and certain unallocated corporate income and indirect expenses. (3) Management of SHUSA manages SC by analyzing the pre-Change in Control results of SC as disclosed in this column. (4) SC Purchase Price Adjustments represents the impact that SC purchase marks had on the results of SC included within the consolidated operations of SHUSA, while eliminations eliminate intercompany transactions. NOTE 18. BUSINESS SEGMENT INFORMATION (continued) For the Three-Month Period Ended SHUSA Reportable Segments June 30, 2018 Consumer & Business Banking C&I CRE & VF CIB Other (2) SC (3) SC Purchase Price Adjustments (4) Eliminations (4) Total (in thousands) Net interest income $ 315,509 $ 57,019 $ 104,349 $ 30,958 $ 66,380 $ 1,001,042 $ 7,693 $ 9,136 $ 1,592,086 Non-interest income 70,251 17,411 (453 ) 64,692 108,877 567,693 2,869 (12,167 ) 819,173 Provision for/(release of) credit losses 18,283 (22,510 ) 9,510 3,764 8,620 406,544 9,592 — 433,803 Total expenses 387,110 59,064 30,398 58,292 193,015 713,045 11,683 (2,858 ) 1,449,749 Income/(loss) before income taxes (19,633 ) 37,876 63,988 33,594 (26,378 ) 449,146 (10,713 ) (173 ) 527,707 Intersegment revenue/(expense) (1) 521 1,401 1,161 (3,527 ) 444 — — — — For the Six-Month Period Ended SHUSA Reportable Segments June 30, 2018 Consumer & Business Banking C&I CRE & VF CIB Other (2) SC (3) SC Purchase Price Adjustments (4) Eliminations (4) Total (in thousands) Net interest income $ 619,560 $ 113,669 $ 203,219 $ 63,679 $ 129,338 $ 1,977,184 $ 17,588 $ 18,194 $ 3,142,431 Non-interest income 153,652 50,102 707 115,275 219,355 1,099,429 5,555 (23,695 ) 1,620,380 Provision for/(release of) credit losses 56,672 (30,411 ) 7,669 1,709 14,958 916,885 20,201 — 987,683 Total expenses 781,096 115,028 60,795 116,088 392,253 1,407,915 23,412 (5,479 ) 2,891,108 Income/(loss) before income taxes (64,556 ) 79,154 135,462 61,157 (58,518 ) 751,813 (20,470 ) (22 ) 884,020 Intersegment revenue/(expense) (1) 1,198 3,306 1,714 (5,808 ) (410 ) — — — — Total assets 19,088,996 6,776,531 18,348,263 7,832,197 36,919,571 41,157,189 — — 130,122,747 (1) Intersegment revenue/(expense) represents charges or credits for funds used or provided by each of the segments and is included in net interest income. (2) Other includes the results of the entities transferred to the IHC, earnings from non-strategic assets, the investment portfolio, interest expense on the Bank’s and the Company's borrowings and other debt obligations, amortization of intangible assets and certain unallocated corporate income and indirect expenses. (3) Management of SHUSA manages SC by analyzing the pre-Change in Control results of SC as disclosed in this column. (4) SC Purchase Price Adjustments represents the impact that SC purchase marks had on the results of SC included within the consolidated operations of SHUSA, while eliminations eliminate intercompany transactions.

BASIS OF PRESENTATION AND ACC_4

BASIS OF PRESENTATION AND ACCOUNTING POLICIES (General) (Details) $ in Thousands		6 Months Ended
		Jun. 30, 2019USD ($)	Sep. 30, 2019atmbranch	Dec. 31, 2018USD ($)
Noncontrolling Interest [Line Items]
Deposits		$ 63,720,054		$ 61,511,380
Loans held-for-sale (LHFS)	[1]	2,523,688		$ 1,283,278
Affiliated Entity | SBNA
Noncontrolling Interest [Line Items]
Deposits		507,000
Loans held-for-sale (LHFS)		$ 113,000
SC
Noncontrolling Interest [Line Items]
Ownership percentage by parent		70.50%
Percentage owned by noncontrolling shareholders		29.50%
SC
Noncontrolling Interest [Line Items]
Financing contract term		10 years
First Commonwealth Bank | Forecast | Affiliated Entity | SBNA | Disposed of by Sale
Noncontrolling Interest [Line Items]
Number of bank branches to be sold | branch			14
Number of ATMs to be sold | atm			4
[1]	Includes $259.2 million and $209.5 million of loans recorded at the fair value option ("FVO") at June 30, 2019 and December 31, 2018, respectively.

BASIS OF PRESENTATION AND ACC_5

BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Intermediate Holding Company) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Mar. 31, 2019	Dec. 31, 2018	Jul. 02, 2018	Mar. 31, 2018	Dec. 31, 2017
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Total assets	$ 143,910,431	$ 130,122,747	$ 143,910,431	$ 130,122,747		$ 135,634,285
Total liabilities	119,405,611		119,405,611			111,787,053
Total stockholders' equity	24,504,820	24,140,380	24,504,820	24,140,380	$ 24,128,405	$ 23,847,232		$ 23,830,599	$ 23,690,832
Net income	$ 295,622	255,415	$ 462,602	440,527
SAM
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Total assets							$ 5,400
Total liabilities							1,000
Total stockholders' equity							$ 4,400
SAM | Not Retrospectively Restating Financial Statements for Contributions | Pro Forma
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net income		$ (600)		$ (1,000)

BASIS OF PRESENTATION AND ACC_6

BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Correction of Error, Impact on Balance Sheet and Statements of Operations) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
INTEREST INCOME:
Loans	$ 2,035,148	$ 1,868,323	$ 4,034,486	$ 3,670,452
TOTAL INTEREST INCOME	2,176,090	2,001,073	4,317,132	3,931,533
NET INTEREST INCOME	1,621,725	1,592,086	3,224,610	3,142,431
Provision for credit losses	480,632	433,803	1,080,843	987,683
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES	1,141,093	1,158,283	2,143,767	2,154,748
Income tax provision / (benefit)	155,326	168,151	271,540	264,213
NET INCOME including NCI	406,365	359,556	645,857	619,807
LESS: NET INCOME ATTRIBUTABLE TO NCI	110,743	104,141	183,255	179,280
NET INCOME ATTRIBUTABLE TO SHUSA	$ 295,622	255,415	$ 462,602	440,527
As Reported
INTEREST INCOME:
Loans		1,813,853		3,561,579
TOTAL INTEREST INCOME		1,946,603		3,822,660
NET INTEREST INCOME		1,537,616		3,033,558
Provision for credit losses		379,834		882,368
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES		1,157,782		2,151,190
Income tax provision / (benefit)		168,035		263,356
NET INCOME including NCI		359,171		617,107
LESS: NET INCOME ATTRIBUTABLE TO NCI		104,018		178,416
NET INCOME ATTRIBUTABLE TO SHUSA		255,153		438,691
Correction of Errors in Accounting for Retail Installment Contracts and Auto Loans | Corrections
INTEREST INCOME:
Loans		54,470		108,873
TOTAL INTEREST INCOME		54,470		108,873
NET INTEREST INCOME		54,470		108,873
Provision for credit losses		53,969		105,315
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES		501		3,558
Income tax provision / (benefit)		116		857
NET INCOME including NCI		385		2,700
LESS: NET INCOME ATTRIBUTABLE TO NCI		123		864
NET INCOME ATTRIBUTABLE TO SHUSA		$ 262		$ 1,836

BASIS OF PRESENTATION AND ACC_7

BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Correction of Error, Impact on Statements of Cash Flows) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net cash provided by operating activities	$ 2,982,302	$ 4,008,652
Net cash provided by (used in) investing activities	$ (8,208,309)	(5,585,834)
As Reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net cash provided by operating activities		3,909,460
Net cash provided by (used in) investing activities		(5,486,642)
Correction of Errors in Accounting for Retail Installment Contracts and Auto Loans | Corrections
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net cash provided by operating activities		99,192
Net cash provided by (used in) investing activities		$ (99,192)

BASIS OF PRESENTATION AND ACC_8

BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Correction of Error, Impact on Non-performing Assets) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Non-performing loans	$ 2,094,495	$ 2,255,437	$ 1,955,623
As Reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Non-performing loans			2,901,957
Correction of Errors in Accounting for Retail Installment Contracts and Auto Loans | Corrections
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Non-performing loans			(946,334)
Non-performing
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Total non-performing assets	2,392,281	2,589,195	2,222,767
Non-performing | As Reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Total non-performing assets			3,169,101
Non-performing | Correction of Errors in Accounting for Retail Installment Contracts and Auto Loans | Corrections
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Total non-performing assets			(946,334)
Consumer
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Non-performing loans	1,735,729	1,890,739
Consumer | RICs and auto loans - originated
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Non-performing loans	$ 1,368,425	$ 1,455,406	977,960
Consumer | RICs and auto loans - originated | As Reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Non-performing loans			1,924,294
Consumer | RICs and auto loans - originated | Correction of Errors in Accounting for Retail Installment Contracts and Auto Loans | Corrections
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Non-performing loans			$ (946,334)

BASIS OF PRESENTATION AND ACC_9

BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Correction of Error, Impact on Loans) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Total Past Due	$ 5,149,965	$ 5,714,660
Current	87,345,790	82,614,486	$ 80,039,099
As Reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Current			80,095,126
Corrections | Correction of Errors in Accounting for Retail Installment Contracts and Auto Loans
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Current			(56,027)
30-89 DPD
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Total Past Due	4,369,576	4,772,117	3,961,706
30-89 DPD | As Reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Total Past Due			3,787,412
30-89 DPD | Corrections | Correction of Errors in Accounting for Retail Installment Contracts and Auto Loans
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Total Past Due			174,294
90 or Greater DPD
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Total Past Due	780,389	942,543	834,434
90 or Greater DPD | As Reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Total Past Due			814,165
90 or Greater DPD | Corrections | Correction of Errors in Accounting for Retail Installment Contracts and Auto Loans
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Total Past Due			20,269
Consumer | RICs and auto loans - originated
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Total Past Due	4,068,344	4,495,834
Current	27,839,077	24,036,251	22,360,090
Consumer | RICs and auto loans - originated | As Reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Current			22,416,117
Consumer | RICs and auto loans - originated | Corrections | Correction of Errors in Accounting for Retail Installment Contracts and Auto Loans
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Current			(56,027)
Consumer | 30-89 DPD | RICs and auto loans - originated
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Total Past Due	3,745,466	4,076,015	3,213,062
Consumer | 30-89 DPD | RICs and auto loans - originated | As Reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Total Past Due			3,038,768
Consumer | 30-89 DPD | RICs and auto loans - originated | Corrections | Correction of Errors in Accounting for Retail Installment Contracts and Auto Loans
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Total Past Due			174,294
Consumer | 90 or Greater DPD | RICs and auto loans - originated
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Total Past Due	$ 322,878	$ 419,819	249,797
Consumer | 90 or Greater DPD | RICs and auto loans - originated | As Reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Total Past Due			229,528
Consumer | 90 or Greater DPD | RICs and auto loans - originated | Corrections | Correction of Errors in Accounting for Retail Installment Contracts and Auto Loans
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Total Past Due			$ 20,269

BASIS OF PRESENTATION AND AC_10

BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Recently Adopted Accounting Standards) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Jan. 01, 2019	Dec. 31, 2018	Jan. 01, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
ROU asset	$ 675,682		$ 0
Lease liability	$ 730,789
Impact to Retained earnings		$ 18,652		$ 8,455
Retained Earnings
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Impact to Retained earnings		18,652		$ 47,549
ASU 2016-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
ROU asset		664,100
Lease liability		705,700
ASU 2016-02 | Retained Earnings
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Impact to Retained earnings		$ 18,700

INVESTMENT SECURITIES (AFS Debt

INVESTMENT SECURITIES (AFS Debt Securities) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 11,930,996	$ 11,934,313
Gross Unrealized Gains	36,016	6,851
Gross Unrealized Loss	(64,557)	(308,177)
Fair Value	11,902,455	11,632,987
U.S. Treasury securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	3,122,838	1,815,914
Gross Unrealized Gains	4,514	560
Gross Unrealized Loss	(3,176)	(11,729)
Fair Value	3,124,176	1,804,745
Corporate debt securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	158,446	160,164
Gross Unrealized Gains	87	12
Gross Unrealized Loss	(33)	(62)
Fair Value	158,500	160,114
Asset-backed securities (“ABS”)
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	417,401	435,464
Gross Unrealized Gains	2,054	3,517
Gross Unrealized Loss	(1,531)	(2,144)
Fair Value	417,924	436,837
State and municipal securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	13	16
Gross Unrealized Gains	0	0
Gross Unrealized Loss	0	0
Fair Value	13	16
GNMA - Residential
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	2,526,247	2,829,075
Gross Unrealized Gains	4,856	861
Gross Unrealized Loss	(17,651)	(85,675)
Fair Value	2,513,452	2,744,261
GNMA - Commercial
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	745,871	954,651
Gross Unrealized Gains	8,374	1,250
Gross Unrealized Loss	(429)	(19,515)
Fair Value	753,816	936,386
FHLMC and FNMA - Residential
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	4,889,480	5,687,221
Gross Unrealized Gains	13,461	267
Gross Unrealized Loss	(41,731)	(188,515)
Fair Value	4,861,210	5,498,973
FHLMC and FNMA - Commercial
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	70,700	51,808
Gross Unrealized Gains	2,670	384
Gross Unrealized Loss	(6)	(537)
Fair Value	$ 73,364	$ 51,655

INVESTMENT SECURITIES (HTM Debt

INVESTMENT SECURITIES (HTM Debt Securities) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	$ 2,955,751	$ 2,750,680
Gross Unrealized Gains	27,733	3,232
Gross Unrealized Loss	(13,996)	(77,863)
Fair Value	2,969,488	2,676,049
GNMA - Residential
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	1,729,543	1,718,687
Gross Unrealized Gains	11,782	1,806
Gross Unrealized Loss	(13,044)	(54,184)
Fair Value	1,728,281	1,666,309
GNMA - Commercial
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	1,226,208	1,031,993
Gross Unrealized Gains	15,951	1,426
Gross Unrealized Loss	(952)	(23,679)
Fair Value	$ 1,241,207	$ 1,009,740

INVESTMENT SECURITIES (Securiti

INVESTMENT SECURITIES (Securities Pledged as Collateral) (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged as collateral, fair value	$ 6,800	$ 6,600
Collateral with Federal Reserve Bank
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged as collateral, fair value	2,300	3,000
Public fund deposits
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged as collateral, fair value	3,600	2,700
Repurchase agreements, hedging activities and recourse on loan sales
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged as collateral, fair value	185.5	78
Deposits with Clearing Organizations
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged as collateral, fair value	424.1	423.3
Overnight customer deposits
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged as collateral, fair value	$ 273	$ 415.1

INVESTMENT SECURITIES (Other In

INVESTMENT SECURITIES (Other Investments) (Details) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019	Dec. 31, 2018
Investments, Debt and Equity Securities [Abstract]
Accrued interest on investment securities	$ 40,300,000	$ 40,300,000	$ 40,200,000
FHLB Stock, par value (in usd per share)	$ 100	$ 100
Purchases of FHLB stock	$ 111,000,000	$ 171,100,000
FHLB stock redeemed	39,100,000	96,100,000
Gain (loss) on redemption of FHLB stock		0
Purchase of FRB stock		0
Equity securities	$ 12,528,000	$ 12,528,000	$ 10,995,000

INVESTMENT SECURITIES (Contract

INVESTMENT SECURITIES (Contractual Maturity of AFS Debt Securities) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Amortized Cost
Due within one year	$ 3,255,956
Due after 1 year but within 5 years	376,902
Due after 5 years but within 10 years	398,434
Due after 10 years	7,899,704
Amortized Cost	11,930,996	$ 11,934,313
Fair Value
Due within one year	3,255,876
Due after 1 year but within 5 years	380,421
Due after 5 years but within 10 years	400,761
Due after 10 years	7,865,397
Fair Value	$ 11,902,455	$ 11,632,987

INVESTMENT SECURITIES (Contra_2

INVESTMENT SECURITIES (Contractual Maturity of HTM Debt Securities) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Amortized Cost
Due after 10 years	$ 2,955,751
Amortized Cost	2,955,751	$ 2,750,680
Fair Value
Due after 10 years	2,969,488
Total	$ 2,969,488	$ 2,676,049

INVESTMENT SECURITIES (Gross Un

INVESTMENT SECURITIES (Gross Unrealized Loss and Fair Value of AFS Debt Securities) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Fair Value
Less than 12 months	$ 260,750	$ 1,011,758
12 months or longer	5,986,375	9,394,105
Unrealized Losses
Less than 12 months	(305)	(11,350)
12 months or longer	(64,252)	(296,827)
U.S. Treasury securities
Fair Value
Less than 12 months	0	288,660
12 months or longer	897,154	914,212
Unrealized Losses
Less than 12 months	0	(315)
12 months or longer	(3,176)	(11,414)
Corporate debt securities
Fair Value
Less than 12 months	114,826	152,247
12 months or longer	0	13
Unrealized Losses
Less than 12 months	(33)	(62)
12 months or longer	0	0
ABS
Fair Value
Less than 12 months	0	31,888
12 months or longer	67,419	77,766
Unrealized Losses
Less than 12 months	0	(249)
12 months or longer	(1,531)	(1,895)
GNMA - Residential
Fair Value
Less than 12 months	36,884	102,418
12 months or longer	1,946,255	2,521,278
Unrealized Losses
Less than 12 months	(91)	(2,014)
12 months or longer	(17,560)	(83,661)
GNMA - Commercial
Fair Value
Less than 12 months	0	199,495
12 months or longer	74,678	622,989
Unrealized Losses
Less than 12 months	0	(2,982)
12 months or longer	(429)	(16,533)
FHLMC and FNMA - Residential
Fair Value
Less than 12 months	109,040	237,050
12 months or longer	3,000,434	5,236,028
Unrealized Losses
Less than 12 months	(181)	(5,728)
12 months or longer	(41,550)	(182,787)
FHLMC and FNMA - Commercial
Fair Value
Less than 12 months	0	0
12 months or longer	435	21,819
Unrealized Losses
Less than 12 months	0	0
12 months or longer	$ (6)	$ (537)

INVESTMENT SECURITIES (Gross _2

INVESTMENT SECURITIES (Gross Unrealized Loss and Fair Value of HTM Debt Securities) (Details) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Fair Value
Less than 12 months	$ 30,535	$ 426,823
12 months or longer	1,139,553	1,925,401
Unrealized Losses
Less than 12 months	(84)	(10,382)
12 months or longer	(13,912)	(67,481)
GNMA - Residential
Fair Value
Less than 12 months	30,535	205,573
12 months or longer	966,960	1,295,554
Unrealized Losses
Less than 12 months	(84)	(4,810)
12 months or longer	(12,960)	(49,374)
GNMA - Commercial
Fair Value
Less than 12 months	0	221,250
12 months or longer	172,593	629,847
Unrealized Losses
Less than 12 months	0	(5,572)
12 months or longer	$ (952)	$ (18,107)

INVESTMENT SECURITIES (Other-Th

INVESTMENT SECURITIES (Other-Than-Temporary Impairment) (Details)	Jun. 30, 2019security
Investments, Debt and Equity Securities [Abstract]
Number of securities in unrealized loss position	695

INVESTMENT SECURITIES (Gains (L

INVESTMENT SECURITIES (Gains (Losses) and Proceeds on Sale of Investment Securities) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Investments, Debt and Equity Securities [Abstract]
Proceeds from the sales of AFS securities	$ 344,792,000	$ 0	$ 627,664,000	$ 39,446,000
Gross realized gains	2,528,000	419,000	3,340,000	0
Gross realized losses	(149,000)	0	(2,961,000)	(244,000)
OTTI	0	0	0	0
Net realized gains/(losses)	2,379,000	419,000	379,000	(244,000)
Net realized gains/(losses) on trading securities	$ (12,000)	$ 400,000	$ (300,000)	$ (200,000)

INVESTMENT SECURITIES (Schedule

INVESTMENT SECURITIES (Schedule of Other Investments) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Investments, Debt and Equity Securities [Abstract]
FHLB of Pittsburgh and FRB stock	$ 706,086	$ 631,239
Low Income Housing Tax Credit investments (LIHTC)	234,895	163,113
Equity securities not held for trading	12,528	10,995
Trading securities	2,302	10
Total	$ 955,811	$ 805,357

LOANS AND ALLOWANCE FOR CREDI_3

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Narrative) (Details) - USD ($) $ in Thousands		3 Months Ended	6 Months Ended		12 Months Ended
		Jun. 30, 2019	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Loans Receivable [Line Items]
Loans pledged as collateral		$ 50,800,000	$ 50,800,000		$ 49,500,000
Loans held-for-sale (LHFS)	[1]	2,523,688	2,523,688		1,283,278
Accrued interest receivable		553,581	553,581		566,602
Proceeds from sales of loans			614,783	$ 3,256,748
Gain from sale of loans			(150,147)	(148,838)
Financing receivable		92,495,755	$ 92,495,755		88,329,146
Percentage of payment needed on past due loans for qualification			90.00%
Minimum amount for commercial non-accrual loans (in excess of)			$ 1,000
Troubled debt restructurings		5,089,089	$ 5,089,089		5,922,352
TDR, threshold period of sustained repayment performance			6 months
TDR, threshold period loan needed to remain current prior to modification to remain on accrual status			6 months
TDRs, number of days past due after modification considered to have subsequently defaulted			90 days
Performing
Loans Receivable [Line Items]
Interest income			$ 363,700		761,000
Troubled debt restructurings		4,336,971	4,336,971		5,014,224
SC | Chrysler Capital Loans
Loans Receivable [Line Items]
Loans purchased/originated			$ 5,900,000	$ 4,700,000
SC | Chrysler Capital Loans | Accounts Receivable | Credit Concentration Risk
Loans Receivable [Line Items]
Percentage of loan origination			54.00%	49.00%
Loans receivable
Loans Receivable [Line Items]
Accrued interest receivable		511,300	$ 511,300		524,000
Retail installment contracts and auto loans | SC | Chrysler Capital Loans
Loans Receivable [Line Items]
Financing receivable		8,600,000	$ 8,600,000		$ 9,000,000
Retail installment contracts and auto loans | SC | Chrysler Capital Loans | Accounts Receivable | Credit Concentration Risk
Loans Receivable [Line Items]
Percentage of loan origination			33.00%		36.00%
Retail installment contracts
Loans Receivable [Line Items]
TDRs, number of days past due after modification considered to have subsequently defaulted			120 days
Consumer | Personal unsecured loans
Loans Receivable [Line Items]
LHFS		1,000,000	$ 1,000,000		$ 1,100,000
Financing receivable		2,398,019	2,398,019		2,600,465
Consumer | Residential mortgages
Loans Receivable [Line Items]
LHFS		1,200,000	1,200,000		214,500
Financing receivable		10,028,911	10,028,911		$ 10,098,983
Consumer loans secured by real estate | Residential mortgages | Performing
Loans Receivable [Line Items]
Loans held-for-sale (LHFS)		1,400,000	$ 1,400,000
Proceeds from sales of loans		566,000
Gain from sale of loans		$ 7,000
[1]	Includes $259.2 million and $209.5 million of loans recorded at the fair value option ("FVO") at June 30, 2019 and December 31, 2018, respectively.

LOANS AND ALLOWANCE FOR CREDI_4

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Loan and Lease Portfolio Composition) (Details) - USD ($) $ in Thousands		Jun. 30, 2019	Dec. 31, 2018
Loans Receivable [Line Items]
Total loans held for investment	[1],[2]	$ 89,972,067	$ 87,045,868
Loans held for investment with fixed rate of interest		59,097,455	56,696,491
Loans held for investment with variable rate of interest		$ 30,874,612	$ 30,349,377
Loans held for investment, percent of total loans		100.00%	100.00%
Loans held for investment with fixed rate of interest, percent of total loans		65.70%	65.10%
Loans held for investment with variable rate of interest, percent of total loans		34.30%	34.90%
Net increase in loan balances		$ 1,700,000	$ 1,400,000
Commercial
Loans Receivable [Line Items]
Total loans held for investment		$ 42,032,714	$ 40,381,758
Loans held for investment, percent of total loans		46.80%	46.40%
Commercial | Commercial real estate (CRE) loans
Loans Receivable [Line Items]
Total loans held for investment		$ 8,611,059	$ 8,704,481
Loans held for investment, percent of total loans		9.60%	10.00%
Commercial | Commercial and industrial (C&I) loans
Loans Receivable [Line Items]
Total loans held for investment		$ 17,013,041	$ 15,738,158
Loans held for investment, percent of total loans		18.90%	18.10%
Commercial | Multifamily loans
Loans Receivable [Line Items]
Total loans held for investment		$ 8,512,147	$ 8,309,115
Loans held for investment, percent of total loans		9.50%	9.50%
Commercial | Other commercial
Loans Receivable [Line Items]
Total loans held for investment		$ 7,896,467	$ 7,630,004
Loans held for investment, percent of total loans		8.80%	8.80%
Consumer
Loans Receivable [Line Items]
Total loans held for investment		$ 47,939,353	$ 46,664,110
Loans held for investment, percent of total loans		53.20%	53.60%
Consumer | RICs and auto loans - originated
Loans Receivable [Line Items]
Total loans held for investment		$ 31,613,831	$ 28,532,085
Consumer loans secured by real estate
Loans Receivable [Line Items]
Total loans held for investment		$ 14,048,106	$ 15,350,132
Loans held for investment, percent of total loans		15.60%	17.70%
Consumer loans secured by real estate | Residential mortgages
Loans Receivable [Line Items]
Total loans held for investment		$ 8,857,045	$ 9,884,462
Loans held for investment, percent of total loans		9.80%	11.40%
Consumer loans secured by real estate | Home equity loans and lines of credit
Loans Receivable [Line Items]
Total loans held for investment		$ 5,191,061	$ 5,465,670
Loans held for investment, percent of total loans		5.80%	6.30%
Consumer loans not secured by real estate | RICs and auto loans - originated
Loans Receivable [Line Items]
Total loans held for investment		$ 31,613,831	$ 28,532,085
Loans held for investment, percent of total loans		35.10%	32.80%
Consumer loans not secured by real estate | RICs and auto loans - purchased
Loans Receivable [Line Items]
Total loans held for investment		$ 475,550	$ 803,135
Loans held for investment, percent of total loans		0.50%	0.90%
Consumer loans not secured by real estate | Personal unsecured loans
Loans Receivable [Line Items]
Total loans held for investment		$ 1,429,640	$ 1,531,708
Loans held for investment, percent of total loans		1.60%	1.80%
Consumer loans not secured by real estate | Other consumer
Loans Receivable [Line Items]
Total loans held for investment		$ 372,226	$ 447,050
Loans held for investment, percent of total loans		0.40%	0.40%
[1]	LHFI includes $104.2 million and $126.3 million of loans recorded at fair value at June 30, 2019 and December 31, 2018, respectively.
[2]	The Company has interests in certain securitization trusts ("Trusts") that are considered variable interest entities ("VIEs") for accounting purposes. At June 30, 2019 and December 31, 2018, LHFI included $25.2 billion and $24.1 billion, Operating leases assets, net included $15.3 billion and $14.0 billion, restricted cash included $1.7 billion and $1.6 billion, other assets included $604.4 million and $685.4 million, Borrowings and other debt obligations included $33.3 billion and $31.9 billion, and Other liabilities included $99.9 million and $122.0 million of assets or liabilities that were included within VIEs, respectively. See Note 6 to these Condensed Consolidated Financial Statements for additional information.

LOANS AND ALLOWANCE FOR CREDI_5

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Retail Installment Contracts and Auto Loans) (Details) - USD ($) $ in Thousands		Jun. 30, 2019	Dec. 31, 2018
Loans Receivable [Line Items]
Total loans held for investment	[1],[2]	$ 89,972,067	$ 87,045,868
Consumer
Loans Receivable [Line Items]
Total loans held for investment		47,939,353	46,664,110
Purchase marks, FVO		1,300	2,100
Consumer | Retail installment contracts and auto loans
Loans Receivable [Line Items]
Total loans held for investment		32,089,381	29,335,220
Consumer | RICs - Purchased HFI
Loans Receivable [Line Items]
Unpaid principal balance (UPB)		494,738	844,582
UPB, FVO		5,913	9,678
Total UPB		500,651	854,260
Purchase marks		(25,101)	(51,125)
Total loans held for investment		475,550	803,135
Consumer | RICs - Originated HFI
Loans Receivable [Line Items]
Total UPB		27,865,324	27,049,875
Net discount		(68,966)	(135,489)
Total loans held for investment		27,796,358	26,914,386
Consumer | Auto Loans
Loans Receivable [Line Items]
Total loans held for investment		3,817,473	1,617,699
Consumer | RICs - Originated
Loans Receivable [Line Items]
Total loans held for investment		$ 31,613,831	$ 28,532,085
[1]	LHFI includes $104.2 million and $126.3 million of loans recorded at fair value at June 30, 2019 and December 31, 2018, respectively.
[2]	The Company has interests in certain securitization trusts ("Trusts") that are considered variable interest entities ("VIEs") for accounting purposes. At June 30, 2019 and December 31, 2018, LHFI included $25.2 billion and $24.1 billion, Operating leases assets, net included $15.3 billion and $14.0 billion, restricted cash included $1.7 billion and $1.6 billion, other assets included $604.4 million and $685.4 million, Borrowings and other debt obligations included $33.3 billion and $31.9 billion, and Other liabilities included $99.9 million and $122.0 million of assets or liabilities that were included within VIEs, respectively. See Note 6 to these Condensed Consolidated Financial Statements for additional information.

LOANS AND ALLOWANCE FOR CREDI_6

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Rollforward of Allowance for Credit Losses) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Allowance for Loan Losses [Roll Forward]
ALLL, beginning of period	$ 3,843,095	$ 3,984,376	$ 3,897,130	$ 3,994,887
Provision for loan and lease losses	483,912	436,696	1,086,938	1,009,822
Other	(20,395)		(20,395)
Charge-offs	(1,244,867)	(1,060,178)	(2,693,361)	(2,315,565)
Recoveries	722,088	627,982	1,513,521	1,299,732
Charge-offs, net of recoveries	(522,779)	(432,196)	(1,179,840)	(1,015,833)
ALLL, end of period	3,783,833	3,988,876	3,783,833	3,988,876
Reserve for Unfunded Lending Commitments Roll Forward [Roll Forward]
Reserve for unfunded lending commitments, beginning of period	92,685	89,865	95,500	109,111
(Release of) / Provision for reserve for unfunded lending commitments	(3,280)	(2,893)	(6,095)	(22,139)
Reserve for unfunded lending commitments, end of period	89,405	86,972	89,405	86,972
Total ACL, end of period	3,873,238	4,075,848	3,873,238	4,075,848
Ending balance, individually evaluated for impairment	1,290,300	1,785,177	1,290,300	1,785,177
Ending balance, collectively evaluated for impairment	2,493,533	2,203,699	2,493,533	2,203,699
Financing receivables:
Ending balance	92,495,755	84,835,240	92,495,755	84,835,240
Ending balance, evaluated under the FVO or lower of cost or fair value	2,614,271	1,587,331	2,614,271	1,587,331
Ending balance, individually evaluated for impairment	5,404,801	7,006,275	5,404,801	7,006,275
Ending balance, collectively evaluated for impairment	84,476,683	76,241,634	84,476,683	76,241,634
Commercial
Allowance for Loan Losses [Roll Forward]
ALLL, beginning of period	447,991	462,074	441,086	443,796
Provision for loan and lease losses	23,671	(33,213)	45,644	8,021
Other	0		0
Charge-offs	(36,715)	(16,665)	(60,316)	(49,625)
Recoveries	12,131	14,624	20,664	24,628
Charge-offs, net of recoveries	(24,584)	(2,041)	(39,652)	(24,997)
ALLL, end of period	447,078	426,820	447,078	426,820
Reserve for Unfunded Lending Commitments Roll Forward [Roll Forward]
Reserve for unfunded lending commitments, beginning of period	86,563	89,542	89,472	108,805
(Release of) / Provision for reserve for unfunded lending commitments	(3,218)	(2,885)	(6,127)	(22,148)
Reserve for unfunded lending commitments, end of period	83,345	86,657	83,345	86,657
Total ACL, end of period	530,423	513,477	530,423	513,477
Ending balance, individually evaluated for impairment	96,718	83,148	96,718	83,148
Ending balance, collectively evaluated for impairment	350,360	343,672	350,360	343,672
Financing receivables:
Ending balance	42,122,566	39,605,333	42,122,566	39,605,333
Ending balance, evaluated under the FVO or lower of cost or fair value	89,852	65,528	89,852	65,528
Ending balance, individually evaluated for impairment	446,210	509,693	446,210	509,693
Ending balance, collectively evaluated for impairment	41,586,504	39,030,112	41,586,504	39,030,112
Consumer
Allowance for Loan Losses [Roll Forward]
ALLL, beginning of period	3,348,356	3,475,279	3,409,021	3,504,068
Provision for loan and lease losses	460,241	469,909	1,041,294	1,001,801
Other	(20,395)		(20,395)
Charge-offs	(1,208,152)	(1,043,513)	(2,632,770)	(2,265,940)
Recoveries	709,957	613,358	1,492,857	1,275,104
Charge-offs, net of recoveries	(498,195)	(430,155)	(1,139,913)	(990,836)
ALLL, end of period	3,290,007	3,515,033	3,290,007	3,515,033
Reserve for Unfunded Lending Commitments Roll Forward [Roll Forward]
Reserve for unfunded lending commitments, beginning of period	6,122	323	6,028	306
(Release of) / Provision for reserve for unfunded lending commitments	(62)	(8)	32	9
Reserve for unfunded lending commitments, end of period	6,060	315	6,060	315
Total ACL, end of period	3,296,067	3,515,348	3,296,067	3,515,348
Ending balance, individually evaluated for impairment	1,193,582	1,702,029	1,193,582	1,702,029
Ending balance, collectively evaluated for impairment	2,096,425	1,813,004	2,096,425	1,813,004
Financing receivables:
Ending balance	50,373,189	45,229,907	50,373,189	45,229,907
Ending balance, evaluated under the FVO or lower of cost or fair value	2,524,419	1,521,803	2,524,419	1,521,803
Ending balance, individually evaluated for impairment	4,958,591	6,496,582	4,958,591	6,496,582
Ending balance, collectively evaluated for impairment	42,890,179	37,211,522	42,890,179	37,211,522
Consumer | Total
Allowance for Loan Losses [Roll Forward]
ALLL, beginning of period	3,122,329	3,236,533	3,186,318	3,246,523
Provision for loan and lease losses	422,209	421,371	968,055	944,047
Other	(20,395)		(20,395)
Charge-offs	(1,157,051)	(1,005,006)	(2,540,268)	(2,192,522)
Recoveries	697,905	606,678	1,471,287	1,261,528
Charge-offs, net of recoveries	(459,146)	(398,328)	(1,068,981)	(930,994)
ALLL, end of period	3,064,997	3,259,576	3,064,997	3,259,576
Consumer | Purchased
Allowance for Loan Losses [Roll Forward]
ALLL, beginning of period	151,879	322,726	193,742	384,167
Provision for loan and lease losses	(24,476)	(30,031)	(48,560)	(45,861)
Other	0		0
Charge-offs	(34,950)	(76,265)	(86,262)	(181,775)
Recoveries	25,587	49,791	59,120	109,690
Charge-offs, net of recoveries	(9,363)	(26,474)	(27,142)	(72,085)
ALLL, end of period	118,040	266,221	118,040	266,221
Consumer | Originated
Allowance for Loan Losses [Roll Forward]
ALLL, beginning of period	2,970,450	2,913,807	2,992,576	2,862,356
Provision for loan and lease losses	446,685	451,402	1,016,615	989,908
Other	(20,395)		(20,395)
Charge-offs	(1,122,101)	(928,741)	(2,454,006)	(2,010,747)
Recoveries	672,318	556,887	1,412,167	1,151,838
Charge-offs, net of recoveries	(449,783)	(371,854)	(1,041,839)	(858,909)
ALLL, end of period	2,946,957	2,993,355	2,946,957	2,993,355
Unallocated
Allowance for Loan Losses [Roll Forward]
ALLL, beginning of period	46,748	47,023	47,023	47,023
Provision for loan and lease losses	0	0	0	0
Other	0		0
Charge-offs	0	0	(275)	0
Recoveries	0	0	0	0
Charge-offs, net of recoveries	0	0	(275)	0
ALLL, end of period	46,748	47,023	46,748	47,023
Reserve for Unfunded Lending Commitments Roll Forward [Roll Forward]
Reserve for unfunded lending commitments, beginning of period	0	0	0	0
(Release of) / Provision for reserve for unfunded lending commitments	0	0	0	0
Reserve for unfunded lending commitments, end of period	0	0	0	0
Total ACL, end of period	46,748	47,023	46,748	47,023
Ending balance, individually evaluated for impairment	0	0	0	0
Ending balance, collectively evaluated for impairment	46,748	47,023	46,748	47,023
Financing receivables:
Ending balance	0	0	0	0
Ending balance, evaluated under the FVO or lower of cost or fair value	0	0	0	0
Ending balance, individually evaluated for impairment	0	0	0	0
Ending balance, collectively evaluated for impairment	$ 0	$ 0	$ 0	$ 0

LOANS AND ALLOWANCE FOR CREDI_7

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Non-accrual Loans) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018
Financing Receivable, Past Due [Line Items]
Non-accrual loans	$ 2,094,495	$ 2,255,437	$ 1,955,623
Foreclosed and other repossessed assets	205,984	225,890
Nonperforming
Financing Receivable, Past Due [Line Items]
Other real estate owned (OREO)	91,802	107,868
Repossessed vehicles	203,135	224,046
Foreclosed and other repossessed assets	2,849	1,844
Total OREO and other repossessed assets	297,786	333,758
Total non-performing assets	2,392,281	2,589,195	2,222,767
Commercial
Financing Receivable, Past Due [Line Items]
Non-accrual loans	358,766	364,698
Commercial | CRE
Financing Receivable, Past Due [Line Items]
Non-accrual loans	80,089	88,500
Commercial | C&I
Financing Receivable, Past Due [Line Items]
Non-accrual loans	181,926	189,827
Commercial | Multifamily
Financing Receivable, Past Due [Line Items]
Non-accrual loans	3,372	13,530
Commercial | Other commercial
Financing Receivable, Past Due [Line Items]
Non-accrual loans	93,379	72,841
Consumer
Financing Receivable, Past Due [Line Items]
Non-accrual loans	1,735,729	1,890,739
Consumer | Residential mortgages
Financing Receivable, Past Due [Line Items]
Non-accrual loans	199,861	216,815
Consumer | Home equity loans and lines of credit
Financing Receivable, Past Due [Line Items]
Non-accrual loans	110,266	115,813
Consumer | RICs and auto loans - originated
Financing Receivable, Past Due [Line Items]
Non-accrual loans	1,368,425	1,455,406	$ 977,960
Consumer | RICs and auto loans - purchased
Financing Receivable, Past Due [Line Items]
Non-accrual loans	45,638	89,916
Consumer | Personal unsecured loans
Financing Receivable, Past Due [Line Items]
Non-accrual loans	3,251	3,602
Consumer | Other consumer
Financing Receivable, Past Due [Line Items]
Non-accrual loans	$ 8,288	$ 9,187

LOANS AND ALLOWANCE FOR CREDI_8

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Age Analysis of Past Due Loans) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018
Financing Receivable, Past Due [Line Items]
Total Past Due	$ 5,149,965	$ 5,714,660
Current	87,345,790	82,614,486	$ 80,039,099
Total Financing Receivables	92,495,755	88,329,146
Recorded Investment Greater than 90 Days and Accruing	89,311	98,979
30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	4,369,576	4,772,117	3,961,706
90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Past Due	780,389	942,543	834,434
Commercial | CRE
Financing Receivable, Past Due [Line Items]
Total Past Due	67,926	69,496
Current	8,551,349	8,634,985
Total Financing Receivables	8,619,275	8,704,481
Recorded Investment Greater than 90 Days and Accruing	0	0
LHFS	8,200
Commercial | CRE | 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	24,548	20,179
Commercial | CRE | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Past Due	43,378	49,317
Commercial | C&I
Financing Receivable, Past Due [Line Items]
Total Past Due	107,629	135,705
Current	16,984,155	15,602,453
Total Financing Receivables	17,091,784	15,738,158
Recorded Investment Greater than 90 Days and Accruing	0	0
LHFS	81,600
Commercial | C&I | 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	45,699	61,495
Commercial | C&I | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Past Due	61,930	74,210
Commercial | Multifamily
Financing Receivable, Past Due [Line Items]
Total Past Due	1,687	5,652
Current	8,513,353	8,303,463
Total Financing Receivables	8,515,040	8,309,115
Recorded Investment Greater than 90 Days and Accruing	0	0
Commercial | Multifamily | 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	1,058	1,078
Commercial | Multifamily | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Past Due	629	4,574
Commercial | Other commercial
Financing Receivable, Past Due [Line Items]
Total Past Due	79,033	21,411
Current	7,817,434	7,608,593
Total Financing Receivables	7,896,467	7,630,004
Recorded Investment Greater than 90 Days and Accruing	1,896	6
Commercial | Other commercial | 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	70,147	16,081
Commercial | Other commercial | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Past Due	8,886	5,330
Commercial | RICs and auto loans - originated
Financing Receivable, Past Due [Line Items]
LHFS	293,600
Consumer | Residential mortgages
Financing Receivable, Past Due [Line Items]
Total Past Due	345,000	357,487
Current	9,683,911	9,741,496
Total Financing Receivables	10,028,911	10,098,983
Recorded Investment Greater than 90 Days and Accruing	0	0
LHFS	1,200,000	214,500
Consumer | Residential mortgages | 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	189,165	186,222
Consumer | Residential mortgages | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Past Due	155,835	171,265
Consumer | Home equity loans and lines of credit
Financing Receivable, Past Due [Line Items]
Total Past Due	121,766	138,367
Current	5,069,295	5,327,303
Total Financing Receivables	5,191,061	5,465,670
Recorded Investment Greater than 90 Days and Accruing	0	0
Consumer | Home equity loans and lines of credit | 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	47,581	58,507
Consumer | Home equity loans and lines of credit | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Past Due	74,185	79,860
Consumer | RICs and auto loans - originated
Financing Receivable, Past Due [Line Items]
Total Past Due	4,068,344	4,495,834
Current	27,839,077	24,036,251	22,360,090
Total Financing Receivables	31,907,421	28,532,085
Recorded Investment Greater than 90 Days and Accruing	0	0
Consumer | RICs and auto loans - originated | 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	3,745,466	4,076,015	3,213,062
Consumer | RICs and auto loans - originated | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Past Due	322,878	419,819	$ 249,797
Consumer | RICs and auto loans - purchased
Financing Receivable, Past Due [Line Items]
Total Past Due	152,681	264,527
Current	322,869	538,608
Total Financing Receivables	475,550	803,135
Recorded Investment Greater than 90 Days and Accruing	0	0
Consumer | RICs and auto loans - purchased | 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	142,148	242,604
Consumer | RICs and auto loans - purchased | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Past Due	10,533	21,923
Consumer | Personal unsecured loans
Financing Receivable, Past Due [Line Items]
Total Past Due	183,941	196,138
Current	2,214,078	2,404,327
Total Financing Receivables	2,398,019	2,600,465
Recorded Investment Greater than 90 Days and Accruing	87,415	98,973
LHFS	1,000,000	1,100,000
Consumer | Personal unsecured loans | 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	92,939	93,675
Consumer | Personal unsecured loans | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Past Due	91,002	102,463
Consumer | Other consumer
Financing Receivable, Past Due [Line Items]
Total Past Due	21,958	30,043
Current	350,269	417,007
Total Financing Receivables	372,227	447,050
Recorded Investment Greater than 90 Days and Accruing	0	0
Consumer | Other consumer | 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	10,825	16,261
Consumer | Other consumer | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Past Due	$ 11,133	$ 13,782

LOANS AND ALLOWANCE FOR CREDI_9

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Impaired Loans) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Financing Receivable, Impaired [Line Items]
Impaired financing receivable, recorded investment	$ 5,396,344	$ 6,216,533
Impaired financing receivable, UPB	5,630,529	6,475,327
Impaired financing receivable, related specific reserves	1,290,300	1,551,294
Impaired financing receivables, average recorded investment	5,806,441	6,708,272
Commercial
Financing Receivable, Impaired [Line Items]
Impaired financing receivable, recorded investment	433,336	429,476
Impaired financing receivable, UPB	498,340	476,078
Impaired financing receivable, related specific reserves	96,718	94,120
Impaired financing receivables, average recorded investment	431,407	503,722
Commercial | CRE
Financing Receivable, Impaired [Line Items]
Impaired financing receivable with no related allowance recorded, recorded investment	68,994	79,056
Impaired financing receivable with related allowance recorded, recorded investment	49,815	58,861
Impaired financing receivable with no related allowance recorded, UPB	74,251	88,960
Impaired financing receivable with related allowance recorded, UPB	58,800	66,645
Impaired financing receivable, related specific reserves	8,764	6,449
Impaired financing receivable with no related allowance recorded, average recorded investment	74,025	102,731
Impaired financing receivable with related allowance recorded, average recorded investment	54,338	78,271
Commercial | C&I
Financing Receivable, Impaired [Line Items]
Impaired financing receivable with no related allowance recorded, recorded investment	38,893	25,859
Impaired financing receivable with related allowance recorded, recorded investment	179,125	180,178
Impaired financing receivable with no related allowance recorded, UPB	49,604	36,067
Impaired financing receivable with related allowance recorded, UPB	218,243	197,937
Impaired financing receivable, related specific reserves	63,754	66,329
Impaired financing receivable with no related allowance recorded, average recorded investment	32,376	54,200
Impaired financing receivable with related allowance recorded, average recorded investment	179,652	178,474
Commercial | Multifamily
Financing Receivable, Impaired [Line Items]
Impaired financing receivable with no related allowance recorded, recorded investment	8,222	18,260
Impaired financing receivable with related allowance recorded, recorded investment		0
Impaired financing receivable with no related allowance recorded, UPB	9,120	19,175
Impaired financing receivable with related allowance recorded, UPB		0
Impaired financing receivable, related specific reserves		0
Impaired financing receivable with no related allowance recorded, average recorded investment	13,241	14,074
Impaired financing receivable with related allowance recorded, average recorded investment		3,101
Commercial | Other commercial
Financing Receivable, Impaired [Line Items]
Impaired financing receivable with no related allowance recorded, recorded investment	11,032	7,348
Impaired financing receivable with related allowance recorded, recorded investment	77,255	59,914
Impaired financing receivable with no related allowance recorded, UPB	11,067	7,380
Impaired financing receivable with related allowance recorded, UPB	77,255	59,914
Impaired financing receivable, related specific reserves	24,200	21,342
Impaired financing receivable with no related allowance recorded, average recorded investment	9,190	4,058
Impaired financing receivable with related allowance recorded, average recorded investment	68,585	68,813
Consumer
Financing Receivable, Impaired [Line Items]
Impaired financing receivable, recorded investment	4,963,008	5,787,057
Impaired financing receivable, UPB	5,132,189	5,999,249
Impaired financing receivable, related specific reserves	1,193,582	1,457,174
Impaired financing receivables, average recorded investment	5,375,034	6,204,550
Consumer | Residential mortgages
Financing Receivable, Impaired [Line Items]
Impaired financing receivable with no related allowance recorded, recorded investment	132,235	144,899
Impaired financing receivable with related allowance recorded, recorded investment	253,202	253,965
Impaired financing receivable with no related allowance recorded, UPB	186,597	201,905
Impaired financing receivable with related allowance recorded, UPB	290,093	289,447
Impaired financing receivable, related specific reserves	27,499	29,156
Impaired financing receivable with no related allowance recorded, average recorded investment	138,567	126,110
Impaired financing receivable with related allowance recorded, average recorded investment	253,584	288,029
Consumer | Home equity loans and lines of credit
Financing Receivable, Impaired [Line Items]
Impaired financing receivable with no related allowance recorded, recorded investment	41,075	46,069
Impaired financing receivable with related allowance recorded, recorded investment	66,288	60,540
Impaired financing receivable with no related allowance recorded, UPB	43,270	48,021
Impaired financing receivable with related allowance recorded, UPB	77,299	71,475
Impaired financing receivable, related specific reserves	3,996	4,272
Impaired financing receivable with no related allowance recorded, average recorded investment	43,572	49,233
Impaired financing receivable with related allowance recorded, average recorded investment	63,414	62,684
Consumer | RICs and auto loans - originated
Financing Receivable, Impaired [Line Items]
Impaired financing receivable with no related allowance recorded, recorded investment	0	1
Impaired financing receivable with related allowance recorded, recorded investment	4,040,418	4,630,614
Impaired financing receivable with no related allowance recorded, UPB	0	1
Impaired financing receivable with related allowance recorded, UPB	4,048,921	4,652,013
Impaired financing receivable, related specific reserves	1,039,966	1,231,164
Impaired financing receivable with no related allowance recorded, average recorded investment	1	1
Impaired financing receivable with related allowance recorded, average recorded investment	4,335,516	4,742,820
Consumer | RICs and auto loans - purchased
Financing Receivable, Impaired [Line Items]
Impaired financing receivable with no related allowance recorded, recorded investment	4,418	7,061
Impaired financing receivable with related allowance recorded, recorded investment	396,631	614,071
Impaired financing receivable with no related allowance recorded, UPB	5,676	9,071
Impaired financing receivable with related allowance recorded, UPB	448,257	694,000
Impaired financing receivable, related specific reserves	114,936	184,545
Impaired financing receivable with no related allowance recorded, average recorded investment	5,740	11,627
Impaired financing receivable with related allowance recorded, average recorded investment	505,351	890,274
Consumer | Personal unsecured loans
Financing Receivable, Impaired [Line Items]
Impaired financing receivable with no related allowance recorded, recorded investment	4	4
Impaired financing receivable with related allowance recorded, recorded investment	15,510	16,182
Impaired financing receivable with no related allowance recorded, UPB	4	4
Impaired financing receivable with related allowance recorded, UPB	15,748	16,446
Impaired financing receivable, related specific reserves	4,707	6,875
Impaired financing receivable with no related allowance recorded, average recorded investment	4	42
Impaired financing receivable with related allowance recorded, average recorded investment	15,846	16,330
Consumer | Other consumer
Financing Receivable, Impaired [Line Items]
Impaired financing receivable with no related allowance recorded, recorded investment	2,989	3,591
Impaired financing receivable with related allowance recorded, recorded investment	10,238	10,060
Impaired financing receivable with no related allowance recorded, UPB	2,989	3,591
Impaired financing receivable with related allowance recorded, UPB	13,335	13,275
Impaired financing receivable, related specific reserves	2,478	1,162
Impaired financing receivable with no related allowance recorded, average recorded investment	3,290	6,574
Impaired financing receivable with related allowance recorded, average recorded investment	$ 10,149	$ 10,826

LOANS AND ALLOWANCE FOR CRED_10

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Lending Asset Quality Indicators) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	$ 42,122,566	$ 40,381,758
Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	38,644,215	37,197,587
Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	1,832,734	1,672,376
Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	888,089	850,572
Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	133,442	103,045
N/A
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	624,086	558,178
CRE
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	8,619,275	8,704,481
CRE | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	7,583,924	7,655,627
CRE | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	561,262	628,097
CRE | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	422,429	373,356
CRE | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	8,914	4,655
CRE | N/A
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	42,746	42,746
C&I
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	17,091,784	15,738,158
C&I | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	15,272,683	14,003,134
C&I | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	795,397	772,704
C&I | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	379,865	408,515
C&I | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	62,499	38,373
C&I | N/A
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	581,340	515,432
Multifamily
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	8,515,040	8,309,115
Multifamily | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	8,273,815	8,072,407
Multifamily | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	220,934	204,262
Multifamily | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	20,291	32,446
Multifamily | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	0	0
Multifamily | N/A
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	0	0
Remaining commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	7,896,467	7,630,004
Remaining commercial | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	7,513,793	7,466,419
Remaining commercial | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	255,141	67,313
Remaining commercial | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	65,504	36,255
Remaining commercial | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	62,029	60,017
Remaining commercial | N/A
Financing Receivable, Credit Quality Indicator [Line Items]
Commercial loans	$ 0	$ 0

LOANS AND ALLOWANCE FOR CRED_11

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Consumer Lending Asset Quality Indicators - Credit Score) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Loans Receivable [Line Items]
Financing receivable	$ 92,495,755	$ 88,329,146
Consumer | RICs and auto loans
Loans Receivable [Line Items]
Financing receivable	$ 32,089,381	$ 29,335,220
Percent, RICs and auto loans	100.00%	100.00%
Consumer | RICs and auto loans | FICO score not applicable
Loans Receivable [Line Items]
Financing receivable	$ 3,206,105	$ 3,136,449
Percent, RICs and auto loans	9.90%	10.70%
Consumer | RICs and auto loans | FICO score less than 600
Loans Receivable [Line Items]
Financing receivable	$ 15,333,280	$ 14,884,385
Percent, RICs and auto loans	47.80%	50.70%
Consumer | RICs and auto loans | FICO score of 600 to 639
Loans Receivable [Line Items]
Financing receivable	$ 5,700,553	$ 5,185,412
Percent, RICs and auto loans	17.80%	17.70%
Consumer | RICs and auto loans | FICO Score of 640 to 679
Loans Receivable [Line Items]
Financing receivable	$ 5,093,132	$ 4,758,394
Percent, RICs and auto loans	15.90%	16.20%
Consumer | RICs and auto loans | FICO Score of 680 to 719
Loans Receivable [Line Items]
Financing receivable	$ 595,315	$ 289,270
Percent, RICs and auto loans	1.90%	1.00%
Consumer | RICs and auto loans | FICO Score of 720 to 759
Loans Receivable [Line Items]
Financing receivable	$ 591,713	$ 283,052
Percent, RICs and auto loans	1.80%	1.00%
Consumer | RICs and auto loans | FICO Score Equal to or Greater than 760
Loans Receivable [Line Items]
Financing receivable	$ 1,569,283	$ 798,258
Percent, RICs and auto loans	4.90%	2.70%

LOANS AND ALLOWANCE FOR CRED_12

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Consumer Lending Asset Quality Indicators - FICO and CLTV Range) (Details) - Consumer - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	$ 8,857,045	$ 9,884,462
Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	5,191,061	5,465,670
LTV not applicable | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	168,942	88,175
LTV not applicable | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	136,353	140,171
LTV less than or equal to 70% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	5,354,077	5,837,978
LTV less than or equal to 70% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	3,730,500	3,787,074
LTV of 70.01% to 80% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	1,849,736	2,271,074
LTV of 70.01% to 90% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	1,163,148	1,348,440
LTV of 80.01% to 90% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	789,470	859,219
LTV of 90.01% to 100% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	658,196	781,005
LTV of 90.01% to 110% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	100,191	118,227
LTV of 100.01% to 110% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	15,038	19,697
LTV greater than 110% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	21,586	27,314
LTV greater than 110% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	60,869	71,758
FICO score not applicable | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	170,741	92,696
FICO score not applicable | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	132,352	134,479
FICO score not applicable | LTV not applicable | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	167,858	87,808
FICO score not applicable | LTV not applicable | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	130,346	133,436
FICO score not applicable | LTV less than or equal to 70% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	2,751	4,465
FICO score not applicable | LTV less than or equal to 70% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	1,074	841
FICO score not applicable | LTV of 70.01% to 80% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	0	0
FICO score not applicable | LTV of 70.01% to 90% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	932	197
FICO score not applicable | LTV of 80.01% to 90% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	0	0
FICO score not applicable | LTV of 90.01% to 100% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	132	423
FICO score not applicable | LTV of 90.01% to 110% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	0	0
FICO score not applicable | LTV of 100.01% to 110% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	0	0
FICO score not applicable | LTV greater than 110% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	0	0
FICO score not applicable | LTV greater than 110% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	0	5
FICO score less than 600 | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	317,018	349,359
FICO score less than 600 | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	290,057	295,804
FICO score less than 600 | LTV not applicable | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	38	69
FICO score less than 600 | LTV not applicable | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	1,098	1,130
FICO score less than 600 | LTV less than or equal to 70% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	206,466	225,647
FICO score less than 600 | LTV less than or equal to 70% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	214,690	209,536
FICO score less than 600 | LTV of 70.01% to 80% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	47,271	54,101
FICO score less than 600 | LTV of 70.01% to 90% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	56,161	64,202
FICO score less than 600 | LTV of 80.01% to 90% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	34,358	35,625
FICO score less than 600 | LTV of 90.01% to 100% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	23,982	26,863
FICO score less than 600 | LTV of 90.01% to 110% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	12,911	14,948
FICO score less than 600 | LTV of 100.01% to 110% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	942	2,450
FICO score less than 600 | LTV greater than 110% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	3,961	4,604
FICO score less than 600 | LTV greater than 110% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	5,197	5,988
FICO score of 600 to 639 | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	260,167	279,540
FICO score of 600 to 639 | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	207,759	226,037
FICO score of 600 to 639 | LTV not applicable | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	0	35
FICO score of 600 to 639 | LTV not applicable | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	94	398
FICO score of 600 to 639 | LTV less than or equal to 70% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	142,130	157,281
FICO score of 600 to 639 | LTV less than or equal to 70% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	154,026	166,384
FICO score of 600 to 639 | LTV of 70.01% to 80% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	42,800	47,712
FICO score of 600 to 639 | LTV of 70.01% to 90% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	44,565	48,543
FICO score of 600 to 639 | LTV of 80.01% to 90% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	35,911	34,124
FICO score of 600 to 639 | LTV of 90.01% to 100% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	36,620	37,901
FICO score of 600 to 639 | LTV of 90.01% to 110% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	6,113	7,932
FICO score of 600 to 639 | LTV of 100.01% to 110% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	1,296	943
FICO score of 600 to 639 | LTV greater than 110% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	1,410	1,544
FICO score of 600 to 639 | LTV greater than 110% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	2,961	2,780
FICO Score of 640 to 679 | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	536,827	602,861
FICO Score of 640 to 679 | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	410,274	436,696
FICO Score of 640 to 679 | LTV not applicable | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	118	0
FICO Score of 640 to 679 | LTV not applicable | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	1,408	919
FICO Score of 640 to 679 | LTV less than or equal to 70% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	276,927	308,780
FICO Score of 640 to 679 | LTV less than or equal to 70% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	295,594	305,642
FICO Score of 640 to 679 | LTV of 70.01% to 80% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	93,563	112,811
FICO Score of 640 to 679 | LTV of 70.01% to 90% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	97,328	112,937
FICO Score of 640 to 679 | LTV of 80.01% to 90% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	73,156	76,512
FICO Score of 640 to 679 | LTV of 90.01% to 100% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	88,659	101,057
FICO Score of 640 to 679 | LTV of 90.01% to 110% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	10,120	10,311
FICO Score of 640 to 679 | LTV of 100.01% to 110% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	3,267	1,934
FICO Score of 640 to 679 | LTV greater than 110% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	1,137	1,767
FICO Score of 640 to 679 | LTV greater than 110% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	5,824	6,887
FICO Score of 680 to 719 | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	1,020,923	1,159,192
FICO Score of 680 to 719 | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	747,045	774,780
FICO Score of 680 to 719 | LTV not applicable | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	97	0
FICO Score of 680 to 719 | LTV not applicable | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	786	869
FICO Score of 680 to 719 | LTV less than or equal to 70% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	522,166	560,920
FICO Score of 680 to 719 | LTV less than or equal to 70% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	530,631	527,374
FICO Score of 680 to 719 | LTV of 70.01% to 80% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	224,343	266,877
FICO Score of 680 to 719 | LTV of 70.01% to 90% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	189,328	215,824
FICO Score of 680 to 719 | LTV of 80.01% to 90% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	119,674	148,283
FICO Score of 680 to 719 | LTV of 90.01% to 100% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	148,100	175,889
FICO Score of 680 to 719 | LTV of 90.01% to 110% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	16,608	17,231
FICO Score of 680 to 719 | LTV of 100.01% to 110% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	1,719	3,630
FICO Score of 680 to 719 | LTV greater than 110% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	4,824	3,593
FICO Score of 680 to 719 | LTV greater than 110% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	9,692	13,482
FICO Score of 720 to 759 | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	1,786,201	2,037,049
FICO Score of 720 to 759 | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	1,015,989	1,061,611
FICO Score of 720 to 759 | LTV not applicable | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	29	50
FICO Score of 720 to 759 | LTV not applicable | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	373	1,139
FICO Score of 720 to 759 | LTV less than or equal to 70% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	973,173	1,061,969
FICO Score of 720 to 759 | LTV less than or equal to 70% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	726,414	732,467
FICO Score of 720 to 759 | LTV of 70.01% to 80% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	422,704	535,840
FICO Score of 720 to 759 | LTV of 70.01% to 90% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	259,463	292,516
FICO Score of 720 to 759 | LTV of 80.01% to 90% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	199,259	210,046
FICO Score of 720 to 759 | LTV of 90.01% to 100% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	185,078	218,177
FICO Score of 720 to 759 | LTV of 90.01% to 110% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	16,690	20,812
FICO Score of 720 to 759 | LTV of 100.01% to 110% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	2,210	4,263
FICO Score of 720 to 759 | LTV greater than 110% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	3,748	6,704
FICO Score of 720 to 759 | LTV greater than 110% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	13,049	14,677
FICO Score Equal to or Greater than 760 | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	4,765,168	5,363,765
FICO Score Equal to or Greater than 760 | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	2,387,585	2,536,263
FICO Score Equal to or Greater than 760 | LTV not applicable | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	802	213
FICO Score Equal to or Greater than 760 | LTV not applicable | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	2,248	2,280
FICO Score Equal to or Greater than 760 | LTV less than or equal to 70% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	3,230,464	3,518,916
FICO Score Equal to or Greater than 760 | LTV less than or equal to 70% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	1,808,071	1,844,830
FICO Score Equal to or Greater than 760 | LTV of 70.01% to 80% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	1,019,055	1,253,733
FICO Score Equal to or Greater than 760 | LTV of 70.01% to 90% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	515,371	614,221
FICO Score Equal to or Greater than 760 | LTV of 80.01% to 90% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	327,112	354,629
FICO Score Equal to or Greater than 760 | LTV of 90.01% to 100% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	175,625	220,695
FICO Score Equal to or Greater than 760 | LTV of 90.01% to 110% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	37,749	46,993
FICO Score Equal to or Greater than 760 | LTV of 100.01% to 110% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	5,604	6,477
FICO Score Equal to or Greater than 760 | LTV greater than 110% | Residential Mortgages
Loans Receivable [Line Items]
Financing receivables	6,506	9,102
FICO Score Equal to or Greater than 760 | LTV greater than 110% | Home Equity Loans and Lines of Credit
Loans Receivable [Line Items]
Financing receivables	$ 24,146	$ 27,939

LOANS AND ALLOWANCE FOR CRED_13

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Troubled Debt Restructuring Activity) (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019USD ($)contract	Jun. 30, 2018USD ($)contract	Jun. 30, 2019USD ($)contract	Jun. 30, 2018USD ($)contract	Dec. 31, 2018USD ($)
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructurings	$ 5,089,089		$ 5,089,089		$ 5,922,352
Number of Contracts | contract	17,488	47,156	37,501	85,653
Pre-TDR Recorded Investment	$ 303,589	$ 744,787	$ 688,321	$ 1,385,183
Post-TDR Recorded Investment	$ 304,699	$ 742,641	$ 691,730	$ 1,380,008
TDRs which Subsequently Defaulted
Number of Contracts | contract	5,429	8,933	13,123	23,405
Recorded Investment	$ 94,209	$ 152,103	$ 226,013	$ 368,248
Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Restructuring Modifications	(46)	(588)	(80)	(1,220)
Other
Financing Receivable, Troubled Debt Restructuring [Line Items]
Restructuring Modifications	$ 1,156	$ (1,558)	$ 3,489	$ (3,955)
Commercial | CRE
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	8	24	25	51
Pre-TDR Recorded Investment	$ 423	$ 12,384	$ 45,131	$ 46,892
Post-TDR Recorded Investment	$ 416	$ 11,380	$ 46,230	$ 44,746
TDRs which Subsequently Defaulted
Number of Contracts | contract	1	2	2	4
Recorded Investment	$ 93	$ 309	$ 223	$ 593
Commercial | CRE | Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Restructuring Modifications	6	347	401	336
Commercial | CRE | Other
Financing Receivable, Troubled Debt Restructuring [Line Items]
Restructuring Modifications	$ (13)	$ (1,351)	$ 698	$ (2,482)
Commercial | C&I
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	14	68	38	149
Pre-TDR Recorded Investment	$ 318	$ 2,111	$ 938	$ 5,895
Post-TDR Recorded Investment	$ 317	$ 2,108	$ 938	$ 5,758
TDRs which Subsequently Defaulted
Number of Contracts | contract	10	42	25	94
Recorded Investment	$ 254	$ 1,275	$ 845	$ 2,795
Commercial | C&I | Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Restructuring Modifications	(1)	(1)	0	(4)
Commercial | C&I | Other
Financing Receivable, Troubled Debt Restructuring [Line Items]
Restructuring Modifications	$ 0	$ (2)	$ 0	$ (133)
Consumer | Residential mortgages
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	22	54	48	115
Pre-TDR Recorded Investment	$ 4,011	$ 8,403	$ 7,524	$ 18,330
Post-TDR Recorded Investment	$ 4,088	$ 8,394	$ 7,758	$ 17,601
TDRs which Subsequently Defaulted
Number of Contracts | contract	26	32	79	96
Recorded Investment	$ 2,826	$ 3,967	$ 7,628	$ 12,835
Consumer | Residential mortgages | Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Restructuring Modifications	112	0	112	0
Consumer | Residential mortgages | Other
Financing Receivable, Troubled Debt Restructuring [Line Items]
Restructuring Modifications	$ (35)	$ (9)	$ 122	$ (729)
Consumer | Home equity loans and lines of credit
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	35	44	75	138
Pre-TDR Recorded Investment	$ 2,863	$ 2,840	$ 7,858	$ 8,944
Post-TDR Recorded Investment	$ 3,181	$ 2,865	$ 8,597	$ 8,737
TDRs which Subsequently Defaulted
Number of Contracts | contract	9	13	15	20
Recorded Investment	$ 641	$ 608	$ 1,066	$ 1,159
Consumer | Home equity loans and lines of credit | Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Restructuring Modifications	0	13	0	13
Consumer | Home equity loans and lines of credit | Other
Financing Receivable, Troubled Debt Restructuring [Line Items]
Restructuring Modifications	$ 318	$ 12	$ 739	$ (220)
Consumer | RICs and auto loans
TDRs which Subsequently Defaulted
Number of Contracts | contract	5,326	8,786	12,885	20,808
Recorded Investment	$ 89,749	$ 145,373	$ 215,071	$ 347,042
Consumer | RICs and auto loans - originated
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	17,111	41,833	36,542	74,783
Pre-TDR Recorded Investment	$ 293,942	$ 704,222	$ 622,115	$ 1,271,621
Post-TDR Recorded Investment	294,665	703,294	623,459	1,270,052
Consumer | RICs and auto loans - originated | Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Restructuring Modifications	(164)	(920)	(596)	(1,489)
Consumer | RICs and auto loans - originated | Other
Financing Receivable, Troubled Debt Restructuring [Line Items]
Restructuring Modifications	$ 887	$ (8)	$ 1,940	$ (80)
Consumer | RICs - purchased
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	211	1,223	629	2,842
Pre-TDR Recorded Investment	$ 854	$ 7,915	$ 2,823	$ 20,239
Post-TDR Recorded Investment	848	7,888	2,814	20,141
Consumer | RICs - purchased | Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Restructuring Modifications	1	(27)	3	(76)
Consumer | RICs - purchased | Other
Financing Receivable, Troubled Debt Restructuring [Line Items]
Restructuring Modifications	$ (7)	$ 0	$ (12)	$ (22)
Consumer | Personal unsecured loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	74	3,906	125	7,568
Pre-TDR Recorded Investment	$ 736	$ 6,697	$ 1,307	$ 13,038
Post-TDR Recorded Investment	$ 745	$ 6,498	$ 1,313	$ 12,754
TDRs which Subsequently Defaulted
Number of Contracts | contract	57	57	117	2,381
Recorded Investment	$ 646	$ 566	$ 1,180	$ 3,809
Consumer | Personal unsecured loans | Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Restructuring Modifications	0	0	0	0
Consumer | Personal unsecured loans | Other
Financing Receivable, Troubled Debt Restructuring [Line Items]
Restructuring Modifications	$ 9	$ (199)	$ 6	$ (284)
Consumer | Other consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	13	4	19	7
Pre-TDR Recorded Investment	$ 442	$ 215	$ 625	$ 224
Post-TDR Recorded Investment	$ 439	$ 214	$ 621	$ 219
TDRs which Subsequently Defaulted
Number of Contracts | contract	0	1	0	2
Recorded Investment	$ 0	$ 5	$ 0	$ 15
Consumer | Other consumer | Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Restructuring Modifications	0	0	0	0
Consumer | Other consumer | Other
Financing Receivable, Troubled Debt Restructuring [Line Items]
Restructuring Modifications	(3)	$ (1)	(4)	$ (5)
Performing
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructurings	4,336,971		4,336,971		5,014,224
Non-performing
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructurings	$ 752,118		$ 752,118		$ 908,128

OPERATING LEASE ASSETS, NET (Co

OPERATING LEASE ASSETS, NET (Components of Leased Vehicles, Net) (Details) - USD ($) $ in Thousands		Jun. 30, 2019	Dec. 31, 2018
Operating Leased Assets [Line Items]
Less: accumulated depreciation		$ (1,500,000)	$ (1,400,000)
Leased vehicles
Operating Leased Assets [Line Items]
Operating leases		20,190,000	18,737,338
Less: accumulated depreciation		(3,665,402)	(3,518,025)
Depreciated net capitalized cost		16,524,598	15,219,313
Origination fees and other costs		80,786	66,967
Manufacturer subvention payments		(1,292,015)	(1,307,424)
Operating lease assets, net		15,313,369	13,978,856
Commercial equipment vehicles and aircraft
Operating Leased Assets [Line Items]
Operating leases		140,276	130,274
Less: accumulated depreciation		(35,482)	(30,337)
Operating lease assets, net		104,794	99,937
Operating lease assets
Operating Leased Assets [Line Items]
Operating lease assets, net	[1],[2]	$ 15,418,163	$ 14,078,793
[1]	Net of accumulated depreciation of $3.7 billion and $3.5 billion at June 30, 2019 and December 31, 2018, respectively.
[2]	The Company has interests in certain securitization trusts ("Trusts") that are considered variable interest entities ("VIEs") for accounting purposes. At June 30, 2019 and December 31, 2018, LHFI included $25.2 billion and $24.1 billion, Operating leases assets, net included $15.3 billion and $14.0 billion, restricted cash included $1.7 billion and $1.6 billion, other assets included $604.4 million and $685.4 million, Borrowings and other debt obligations included $33.3 billion and $31.9 billion, and Other liabilities included $99.9 million and $122.0 million of assets or liabilities that were included within VIEs, respectively. See Note 6 to these Condensed Consolidated Financial Statements for additional information.

OPERATING LEASE ASSETS, NET (Fu

OPERATING LEASE ASSETS, NET (Future Minimum Rental Receivables) (Details) $ in Thousands	Jun. 30, 2019USD ($)
Leases [Abstract]
2019	$ 1,364,668
2020	2,236,603
2021	1,184,607
2022	206,467
2023	16,944
Thereafter	12,121
Total	$ 5,021,410

OPERATING LEASE ASSETS, NET (Na

OPERATING LEASE ASSETS, NET (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Leases [Abstract]
Lease income	$ 705,835	$ 569,306	$ 1,380,720	$ 1,110,202
Lease expense	513,780	436,795	993,084	861,061
Operating Leased Assets [Line Items]
Net gain on sale of operating leases	48,479	65,742	72,490	118,941
Operating lease assets returned to the Company at end of lease term
Operating Leased Assets [Line Items]
Net gain on sale of operating leases	$ 48,500	$ 65,700	$ 72,500	$ 118,900

VIEs (Assets and Liabilities of

VIEs (Assets and Liabilities of VIEs) (Details) - USD ($) $ in Thousands		Jun. 30, 2019		Dec. 31, 2018		Jun. 30, 2018
Assets
Restricted cash		$ 3,417,993	[1]	$ 2,931,711	[1]	$ 3,100,000
Loans	[2]	2,523,688		1,283,278
Operating lease assets, net		675,682		0
Various other assets	[1],[3]	5,020,601		3,653,336
TOTAL ASSETS		143,910,431		135,634,285		$ 130,122,747
Liabilities
Various other liabilities	[1]	991,287		912,775
TOTAL LIABILITIES		119,405,611		111,787,053
VIEs, Primary Beneficiary
Assets
Restricted cash		1,697,692		1,582,158
Loans		25,240,477		24,098,638
Operating lease assets, net		15,313,369		13,978,855
Various other assets		604,431		685,383
TOTAL ASSETS		42,855,969		40,345,034
Liabilities
Notes payable		33,289,722		31,949,839
Various other liabilities		99,856		122,010
TOTAL LIABILITIES		$ 33,389,578		$ 32,071,849
[1]	The Company has interests in certain securitization trusts ("Trusts") that are considered variable interest entities ("VIEs") for accounting purposes. At June 30, 2019 and December 31, 2018, LHFI included $25.2 billion and $24.1 billion, Operating leases assets, net included $15.3 billion and $14.0 billion, restricted cash included $1.7 billion and $1.6 billion, other assets included $604.4 million and $685.4 million, Borrowings and other debt obligations included $33.3 billion and $31.9 billion, and Other liabilities included $99.9 million and $122.0 million of assets or liabilities that were included within VIEs, respectively. See Note 6 to these Condensed Consolidated Financial Statements for additional information.
[2]	Includes $259.2 million and $209.5 million of loans recorded at the fair value option ("FVO") at June 30, 2019 and December 31, 2018, respectively.
[3]	Includes mortgage servicing rights ("MSRs") of $129.9 million and $149.7 million at June 30, 2019 and December 31, 2018, respectively, for which the Company has elected the FVO. See Note 14 to these Condensed Consolidated Financial Statements for additional information.

VIEs (Narrative) (Details)

VIEs (Narrative) (Details) - VIE, Not Primary Beneficiary - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Variable Interest Entity [Line Items]
Sales of receivables securitization	$ 0	$ 1,200,000,000	$ 0	$ 2,600,000,000
Gain (loss) on retail installment contracts		$ (3,200,000)		$ (20,100,000)
Total serviced for other portfolio	3,145,282,000		3,145,282,000		$ 4,072,843,000
VIE, maximum exposure to loss	0		0
Trusts
Variable Interest Entity [Line Items]
Gross retail installment contracts transferred to consolidated Trusts	$ 28,300,000,000		$ 28,300,000,000		$ 27,200,000,000

VIEs (Cash Flow Summary) (Detai

VIEs (Cash Flow Summary) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
VIE, Primary Beneficiary | Trusts
Variable Interest Entity [Line Items]
Assets securitized	$ 4,913,261	$ 6,511,953	$ 9,841,723	$ 13,752,897
Net proceeds from new securitizations	3,794,437	4,581,874	7,757,055	8,058,196
Net proceeds from sale of retained bonds	99,999	382,022	117,305	593,632
Cash received for servicing fees	289,634	213,900	497,959	429,690
Net distributions from Trusts	1,078,665	780,834	1,671,434	1,325,986
Total cash received from Trusts	5,262,735	5,958,630	10,043,753	10,407,504
VIE, Not Primary Beneficiary | Off-balance Securitization Trusts
Variable Interest Entity [Line Items]
Assets securitized	0	1,156,060	0	2,631,313
Net proceeds from new securitizations	0	1,160,119	0	2,634,919
Cash received for servicing fees	9,357	12,616	19,608	20,694
Total cash received from Trusts	$ 9,357	$ 1,172,735	$ 19,608	$ 2,655,613

VIEs (Off-balance Sheet Portfol

VIEs (Off-balance Sheet Portfolio) (Details) - VIE, Not Primary Beneficiary - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Variable Interest Entity [Line Items]
Total serviced for other portfolio	$ 3,145,282	$ 4,072,843
Chrysler Capital securitizations
Variable Interest Entity [Line Items]
Total serviced for other portfolio	369,113	611,050
Third parties
Variable Interest Entity [Line Items]
Total serviced for other portfolio	369,113	611,050
SC
Variable Interest Entity [Line Items]
Total serviced for other portfolio	$ 2,776,169	$ 3,461,793

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLES (Goodwill) (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2019USD ($)
Goodwill [Line Items]
Balance at beginning of period	$ 4,444,389
Re-allocations during the period	0
Balance at end of period	4,444,389
Consumer and Business Banking
Goodwill [Line Items]
Balance at beginning of period	1,880,304
Re-allocations during the period	0
Balance at end of period	1,880,304
C&I
Goodwill [Line Items]
Balance at beginning of period	1,412,995
Re-allocations during the period	(1,095,071)
Balance at end of period	317,924
CRE and Vehicle Finance
Goodwill [Line Items]
Balance at beginning of period	0
Re-allocations during the period	1,095,071
Balance at end of period	1,095,071
CIB
Goodwill [Line Items]
Balance at beginning of period	131,130
Re-allocations during the period	0
Balance at end of period	131,130
SC
Goodwill [Line Items]
Balance at beginning of period	1,019,960
Re-allocations during the period	0
Balance at end of period	$ 1,019,960

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLES (Goodwill) (Narrative) (Details) - USD ($)	3 Months Ended
	Dec. 31, 2018	Jun. 30, 2019	Mar. 31, 2018
Goodwill [Line Items]
Impairment of goodwill	$ 0
Goodwill	$ 4,444,389,000	$ 4,444,389,000
Commercial Banking
Goodwill [Line Items]
Goodwill			$ 542,600,000
CRE
Goodwill [Line Items]
Goodwill			$ 870,400,000

GOODWILL AND OTHER INTANGIBLE_4

GOODWILL AND OTHER INTANGIBLES (Finite-lived Intangibles) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Finite-Lived Intangible Assets [Line Items]
Net Carrying Amount	$ 445,687	$ 475,193
Accumulated Amortization	(346,253)	(316,748)
Dealer networks
Finite-Lived Intangible Assets [Line Items]
Net Carrying Amount	367,590	387,196
Accumulated Amortization	(212,411)	(192,804)
Chrysler relationship
Finite-Lived Intangible Assets [Line Items]
Net Carrying Amount	57,500	65,000
Accumulated Amortization	(81,250)	(73,750)
Trade name
Finite-Lived Intangible Assets [Line Items]
Net Carrying Amount	14,100	14,700
Accumulated Amortization	(3,900)	(3,300)
Other intangibles
Finite-Lived Intangible Assets [Line Items]
Net Carrying Amount	6,497	8,297
Accumulated Amortization	$ (48,692)	$ (46,894)

GOODWILL AND OTHER INTANGIBLE_5

GOODWILL AND OTHER INTANGIBLES (Other Intangible Assets) (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Intangibles not subject to amortization	$ 0		$ 0		$ 0
Amortization of intangibles	$ 14,742,000	$ 15,288,000	$ 29,508,000	$ 30,576,000

GOODWILL AND OTHER INTANGIBLE_6

GOODWILL AND OTHER INTANGIBLES (Future Amortization Expense) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
2019, Calendar Year Amount	$ 58,992		$ 58,992
2019, Recorded To Date	14,742	$ 15,288	29,508	$ 30,576
2019, Remaining Amount To Record	29,484		29,484
2020	58,657		58,657
2021	39,903		39,903
2022	39,901		39,901
2023	28,649		28,649
Thereafter	$ 249,093		$ 249,093

OTHER ASSETS (Components) (Deta

OTHER ASSETS (Components) (Details) - USD ($) $ in Thousands		Jun. 30, 2019	Dec. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Operating lease ROU assets		$ 675,682	$ 0
Deferred tax assets		532,593	625,087
Accrued interest receivable		553,581	566,602
Derivative assets at fair value		576,625	511,916
Other repossessed assets		205,984	225,890
Equity method investments		216,387	204,687
MSRs		132,018	152,121
OREO		91,802	107,868
Miscellaneous assets, receivables and prepaid expenses		2,035,929	1,259,165
Total other assets	[1],[2]	$ 5,020,601	$ 3,653,336
[1]	Includes mortgage servicing rights ("MSRs") of $129.9 million and $149.7 million at June 30, 2019 and December 31, 2018, respectively, for which the Company has elected the FVO. See Note 14 to these Condensed Consolidated Financial Statements for additional information.
[2]	The Company has interests in certain securitization trusts ("Trusts") that are considered variable interest entities ("VIEs") for accounting purposes. At June 30, 2019 and December 31, 2018, LHFI included $25.2 billion and $24.1 billion, Operating leases assets, net included $15.3 billion and $14.0 billion, restricted cash included $1.7 billion and $1.6 billion, other assets included $604.4 million and $685.4 million, Borrowings and other debt obligations included $33.3 billion and $31.9 billion, and Other liabilities included $99.9 million and $122.0 million of assets or liabilities that were included within VIEs, respectively. See Note 6 to these Condensed Consolidated Financial Statements for additional information.

OTHER ASSETS (Narrative) (Detai

OTHER ASSETS (Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Income tax receivables	$ 351,300	$ 351,300	$ 351,300		$ 373,200
Prepaid expenses	287,100	287,100	287,100		199,000
Lessee, Lease, Description [Line Items]
Operating lease ROU assets	675,682	675,682	675,682		$ 0
Operating lease liabilities	730,789	730,789	730,789
Operating lease expense		36,600	74,200
Sublease income		1,300	1,900
Operating cash flows from operating leases			61,597
Upfront fee paid to FCA			60,000	$ 0
SC
Lessee, Lease, Description [Line Items]
Upfront fee paid to FCA	60,000
Parent Company
Lessee, Lease, Description [Line Items]
Operating lease ROU assets	15,200	15,200	15,200
Operating lease liabilities	$ 15,200	$ 15,200	15,200
Operating cash flows from operating leases			$ 1,900
Minimum
Lessee, Lease, Description [Line Items]
Renewal term	1 year	1 year	1 year
Maximum
Lessee, Lease, Description [Line Items]
Renewal term	5 years	5 years	5 years

OTHER ASSETS (Maturity of Lease

OTHER ASSETS (Maturity of Lease Liabilities) (Details) $ in Thousands	Jun. 30, 2019USD ($)
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
2019	$ 70,504
2020	136,794
2021	126,511
2022	117,126
2023	102,823
Thereafter	264,521
Total lease liabilities	818,279
Less: Interest	(87,490)
Present value of lease liabilities	$ 730,789

OTHER ASSETS (Operating Lease T

OTHER ASSETS (Operating Lease Term and Discount Rate) (Details)	Jun. 30, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Weighted-average remaining lease term (years)	7 years
Weighted-average discount rate	3.20%

OTHER ASSETS (Other Information

OTHER ASSETS (Other Information) (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2019USD ($)
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Operating cash flows from operating leases	$ (61,597)
Leased assets obtained in exchange for new operating lease liabilities	$ 717,765

DEPOSITS AND OTHER CUSTOMER A_3

DEPOSITS AND OTHER CUSTOMER ACCOUNTS (Summary of Deposits and Other Customer Accounts) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Balance
Interest-bearing demand deposits	$ 10,328,504	$ 8,827,704
Non-interest-bearing demand deposits	14,687,583	14,420,450
Savings	5,870,605	5,875,787
Customer repurchase accounts	418,916	654,843
Money market	23,756,860	24,263,929
Certificates of deposit (CDs)	8,657,586	7,468,667
Total Deposits	63,720,054	61,511,380
Foreign deposits	$ 9,400,000	$ 8,400,000
Percent of total deposits
Interest-bearing demand deposits (as a percent)	16.20%	14.40%
Non-interest-bearing demand deposits (as a percent)	23.10%	23.40%
Savings (as a percent)	9.20%	9.60%
Customer repurchase accounts (as a percent)	0.70%	1.10%
Money market (as a percent)	37.20%	39.40%
CDs (as a percent)	13.60%	12.10%
Total Deposits (as a percent)	100.00%	100.00%

DEPOSITS AND OTHER CUSTOMER A_4

DEPOSITS AND OTHER CUSTOMER ACCOUNTS (Narrative) (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged as collateral, fair value	$ 6,800	$ 6,600
Demand deposit overdrafts that have been reclassified as loan balances	104.4	50
CD in denominations greater than $250,000	2,300	1,900
Public fund deposits
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged as collateral, fair value	$ 3,600	$ 2,700

BORROWINGS (Narrative) (Details

BORROWINGS (Narrative) (Details) - USD ($) $ in Thousands		Jun. 30, 2019	Dec. 31, 2018
Debt Disclosure [Abstract]
Total borrowings and other debt obligations	[1]	$ 48,906,752	$ 44,953,784
[1]	The Company has interests in certain securitization trusts ("Trusts") that are considered variable interest entities ("VIEs") for accounting purposes. At June 30, 2019 and December 31, 2018, LHFI included $25.2 billion and $24.1 billion, Operating leases assets, net included $15.3 billion and $14.0 billion, restricted cash included $1.7 billion and $1.6 billion, other assets included $604.4 million and $685.4 million, Borrowings and other debt obligations included $33.3 billion and $31.9 billion, and Other liabilities included $99.9 million and $122.0 million of assets or liabilities that were included within VIEs, respectively. See Note 6 to these Condensed Consolidated Financial Statements for additional information.

BORROWINGS (Bank) (Narrative) (

BORROWINGS (Bank) (Narrative) (Details) - Bank $ in Millions	Jun. 30, 2019USD ($)
Subordinated term loan, due August 2022
Debt Instrument [Line Items]
Debt repurchased	$ 27.9
Real estate investment trust (REIT) preferred
Debt Instrument [Line Items]
Debt repurchased	$ 21.2

BORROWINGS (SHUSA) (Narrative)

BORROWINGS (SHUSA) (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Jul. 31, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
Loss on debt extinguishment	$ 1,109	$ 1,201	$ 1,127	$ 3,413
Sovereign Capital Trust IX
Debt Instrument [Line Items]
Debt repurchased						$ 154,600
Senior Notes
Debt Instrument [Line Items]
Debt issued						$ 1,400,000
Senior Notes | 3.50% senior notes, due June 2024
Debt Instrument [Line Items]
Debt issued	$ 1,000,000		$ 1,000,000
Stated interest rate	3.50%		3.50%
Senior Notes | 2.70% senior notes, due 2019
Debt Instrument [Line Items]
Stated interest rate	2.70%		2.70%			2.70%
Debt repurchased	$ 178,700		$ 178,700			$ 821,300
Senior Notes | Senior floating rate notes
Debt Instrument [Line Items]
Debt issued						427,900
Senior Notes | 4.45% senior notes due 2021
Debt Instrument [Line Items]
Debt issued						$ 1,000,000
Stated interest rate	4.45%		4.45%			4.45%
Senior Notes | 3.45% senior notes, due 2018
Debt Instrument [Line Items]
Stated interest rate						3.45%
Debt repurchased						$ 244,600
Senior Notes | Floating rate senior notes due January 2023 | Subsequent Event
Debt Instrument [Line Items]
Debt issued					$ 721,000

BORROWINGS (Parent Company and

BORROWINGS (Parent Company and Other IHC Entities) (Details) - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
Total borrowings and other debt obligations	[1]	$ 48,906,752	$ 44,953,784
Subsidiaries | 2.00% subordinated debt, maturing through 2042
Debt Instrument [Line Items]
Subordinated debt, Balance		$ 41,026	$ 40,703
Effective Rate		2.00%	2.00%
Stated interest rate		2.00%
Subsidiaries | Short-term borrowing, due within one year, maturing July 2019
Debt Instrument [Line Items]
Short-term borrowings, Balance		$ 22,000	$ 44,000
Effective Rate		2.35%	2.40%
Subsidiaries | Short-term borrowing, due within one year, maturing July 2019
Debt Instrument [Line Items]
Short-term borrowings, Balance		$ 9,856	$ 15,900
Effective Rate		0.38%	0.38%
Parent Company and Other Subsidiaries
Debt Instrument [Line Items]
Total borrowings and other debt obligations		$ 9,243,761	$ 8,452,288
Effective Rate		3.84%	3.76%
Senior Notes | 2.70% senior notes, due May 2019
Debt Instrument [Line Items]
Senior notes, Balance		$ 0	$ 178,628
Effective Rate		0.00%	2.82%
Stated interest rate		2.70%	2.70%
Senior Notes | 2.65% senior notes, due April 2020
Debt Instrument [Line Items]
Senior notes, Balance		$ 998,670	$ 997,848
Effective Rate		2.82%	2.82%
Stated interest rate		2.65%
Senior Notes | 4.45% senior notes, due December 2021
Debt Instrument [Line Items]
Senior notes, Balance		$ 996,183	$ 995,540
Effective Rate		4.61%	4.61%
Stated interest rate		4.45%	4.45%
Senior Notes | 3.70% senior notes, due March 2022
Debt Instrument [Line Items]
Senior notes, Balance		$ 1,440,075	$ 1,440,063
Effective Rate		3.74%	3.74%
Stated interest rate		3.70%
Senior Notes | 3.40% senior notes, due January 2023
Debt Instrument [Line Items]
Senior notes, Balance		$ 995,432	$ 994,831
Effective Rate		3.54%	3.54%
Stated interest rate		3.40%
Senior Notes | 3.50% senior notes, due June 2024
Debt Instrument [Line Items]
Senior notes, Balance		$ 995,441	$ 0
Effective Rate		3.60%	0.00%
Stated interest rate		3.50%
Senior Notes | 4.50% senior notes, due July 2025
Debt Instrument [Line Items]
Senior notes, Balance		$ 1,096,234	$ 1,095,966
Effective Rate		4.56%	4.56%
Stated interest rate		4.50%
Senior Notes | 4.40% senior notes, due July 2027
Debt Instrument [Line Items]
Senior notes, Balance		$ 1,049,806	$ 1,049,799
Effective Rate		4.40%	4.40%
Stated interest rate		4.40%
Senior Notes | Senior notes, due July 2019
Debt Instrument [Line Items]
Senior notes, Balance		$ 388,736	$ 388,717
Effective Rate		3.69%	3.22%
Senior Notes | Senior notes, due July 2019 | 3-month LIBOR
Debt Instrument [Line Items]
Basis spread on LIBOR (as a percent)		1.00%
Senior Notes | Senior notes, due September 2019
Debt Instrument [Line Items]
Senior notes, Balance		$ 370,955	$ 370,936
Effective Rate		3.66%	3.18%
Senior Notes | Senior notes, due January 2020
Debt Instrument [Line Items]
Senior notes, Balance		$ 302,630	$ 302,619
Effective Rate		3.69%	3.22%
Senior Notes | Senior notes, due September 2020
Debt Instrument [Line Items]
Senior notes, Balance		$ 108,845	$ 108,888
Effective Rate		3.55%	3.17%
Senior Notes | Senior notes, due September 2020 | 3-month LIBOR
Debt Instrument [Line Items]
Basis spread on LIBOR (as a percent)		1.05%
Senior Notes | Senior notes, due June 2022
Debt Instrument [Line Items]
Senior notes, Balance		$ 427,872	$ 427,850
Effective Rate		3.70%	3.38%
[1]	The Company has interests in certain securitization trusts ("Trusts") that are considered variable interest entities ("VIEs") for accounting purposes. At June 30, 2019 and December 31, 2018, LHFI included $25.2 billion and $24.1 billion, Operating leases assets, net included $15.3 billion and $14.0 billion, restricted cash included $1.7 billion and $1.6 billion, other assets included $604.4 million and $685.4 million, Borrowings and other debt obligations included $33.3 billion and $31.9 billion, and Other liabilities included $99.9 million and $122.0 million of assets or liabilities that were included within VIEs, respectively. See Note 6 to these Condensed Consolidated Financial Statements for additional information.

BORROWINGS (Santander Bank) (De

BORROWINGS (Santander Bank) (Details) - SBNA - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
Total borrowings and other debt obligations	$ 6,900,311	$ 5,121,762
Effective Rate	2.94%	3.18%
Subordinated term loan, due February 2019
Debt Instrument [Line Items]
Subordinated term loan, Balance	$ 0	$ 99,402
Effective Rate	0.00%	8.20%
FHLB advances, maturing through September 2021
Debt Instrument [Line Items]
FHLB advances, Balance	$ 6,775,000	$ 4,850,000
Effective Rate	2.75%	2.74%
Real estate investment trust (REIT) preferred, callable May 2020
Debt Instrument [Line Items]
REIT preferred, Balance	$ 125,311	$ 145,590
Effective Rate	13.08%	13.22%
Subordinated term loan, due August 2022
Debt Instrument [Line Items]
Subordinated term loan, Balance	$ 0	$ 26,770
Effective Rate	0.00%	9.95%
FHLB advances
Debt Instrument [Line Items]
Letters of credit	$ 769,300

BORROWINGS (SC Credit Facilitie

BORROWINGS (SC Credit Facilities) (Details) - USD ($)	Jun. 30, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
Balance	$ 81,200,000	$ 88,700,000
SC
Debt Instrument [Line Items]
Balance	55,738,064,000	52,686,320,000
Restricted Cash Pledged	1,693,160,000	1,576,915,000
SC | Revolving Credit Facility
Debt Instrument [Line Items]
Balance	6,514,163,000	4,478,214,000
Committed Amount	$ 10,475,695,000	$ 10,348,945,000
Effective Rate	3.81%	3.91%
Assets Pledged	$ 9,084,459,000	$ 6,041,896,000
Restricted Cash Pledged	4,620,000	5,810,000
SC | Revolving Credit Facility | Warehouse line, due March 2021
Debt Instrument [Line Items]
Balance	1,061,345,000
Committed Amount	$ 1,250,000,000
Effective Rate	3.66%
Assets Pledged	$ 1,552,733,000
Restricted Cash Pledged	0
SC | Revolving Credit Facility | Warehouse line, due November 2020
Debt Instrument [Line Items]
Balance	315,720,000	317,020,000
Committed Amount	$ 500,000,000	$ 500,000,000
Effective Rate	3.28%	3.53%
Assets Pledged	$ 349,564,000	$ 359,214,000
Restricted Cash Pledged	486,000	525,000
SC | Revolving Credit Facility | Warehouse line, due August 2020
Debt Instrument [Line Items]
Balance	2,966,543,000	2,154,243,000
Committed Amount	$ 4,400,000,000	$ 4,400,000,000
Effective Rate	3.73%	3.79%
Assets Pledged	$ 4,080,313,000	$ 2,859,113,000
Restricted Cash Pledged	3,849,000	4,831,000
SC | Revolving Credit Facility | Warehouse line, due October 2020
Debt Instrument [Line Items]
Balance	881,577,000	242,377,000
Committed Amount	$ 2,050,000,000	$ 2,050,000,000
Effective Rate	4.38%	5.94%
Assets Pledged	$ 1,203,771,000	$ 345,599,000
Restricted Cash Pledged	46,000	120,000
SC | Revolving Credit Facility | Warehouse line, due June 2021
Debt Instrument [Line Items]
Balance	186,983,000
Committed Amount	$ 500,000,000
Effective Rate	4.04%
Assets Pledged	$ 267,358,000
Restricted Cash Pledged	0
SC | Revolving Credit Facility | Warehouse line, due November 2020
Debt Instrument [Line Items]
Balance	585,400,000	1,000,000,000
Committed Amount	$ 1,000,000,000	$ 1,000,000,000
Effective Rate	3.76%	3.32%
Assets Pledged	$ 922,796,000	$ 1,430,524,000
Restricted Cash Pledged	0	6,000
SC | Revolving Credit Facility | Warehouse line, due June 2021
Debt Instrument [Line Items]
Balance	90,900,000
Committed Amount	$ 350,000,000
Effective Rate	5.66%
Assets Pledged	$ 101,504,000
Restricted Cash Pledged	239,000
SC | Revolving Credit Facility | Warehouse line, maturing on various dates
Debt Instrument [Line Items]
Balance		314,845,000
Committed Amount		$ 1,250,000,000
Effective Rate		4.83%
Assets Pledged		$ 458,390,000
Restricted Cash Pledged		0
SC | Revolving Credit Facility | Warehouse line, due August 2019
Debt Instrument [Line Items]
Balance		53,584,000
Committed Amount		$ 500,000,000
Effective Rate		8.34%
Assets Pledged		$ 78,790,000
Restricted Cash Pledged		0
SC | Revolving Credit Facility | Warehouse line, due October 2019
Debt Instrument [Line Items]
Balance		97,200,000
Committed Amount		$ 350,000,000
Effective Rate		4.35%
Assets Pledged		$ 108,418,000
Restricted Cash Pledged		328,000
SC | Revolving Credit Facility | Repurchase facility, due September 2019
Debt Instrument [Line Items]
Balance	330,062,000
Committed Amount	$ 330,062,000
Effective Rate	3.80%
Assets Pledged	$ 452,740,000
Restricted Cash Pledged	0
SC | Revolving Credit Facility | Repurchase facility, due July 2019
Debt Instrument [Line Items]
Balance	95,633,000
Committed Amount	$ 95,633,000
Effective Rate	3.04%
Assets Pledged	$ 153,680,000
Restricted Cash Pledged	$ 0
SC | Revolving Credit Facility | Repurchase facility, due April 2019
Debt Instrument [Line Items]
Balance		167,118,000
Committed Amount		$ 167,118,000
Effective Rate		3.84%
Assets Pledged		$ 235,540,000
Restricted Cash Pledged		0
SC | Revolving Credit Facility | Repurchase facility, due March 2019
Debt Instrument [Line Items]
Balance		131,827,000
Committed Amount		$ 131,827,000
Effective Rate		3.54%
Assets Pledged		$ 166,308,000
Restricted Cash Pledged		$ 0

BORROWINGS (Secured Structured

BORROWINGS (Secured Structured Financings) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
Initial Note Amounts Issued	$ 81,200	$ 88,700
SC
Debt Instrument [Line Items]
Balance	26,248,517	26,901,520
Initial Note Amounts Issued	55,738,064	52,686,320
Collateral	35,501,312	35,296,170
Restricted Cash	1,693,160	1,576,915
Private issuances of notes backed by vehicle leases	$ 8,300,000	$ 7,800,000
SC | Minimum
Debt Instrument [Line Items]
Initial Weighted Average Interest Rate Range	0.88%	0.88%
SC | Maximum
Debt Instrument [Line Items]
Initial Weighted Average Interest Rate Range	3.53%	3.53%
SC | SC public securitizations, maturing on various dates
Debt Instrument [Line Items]
Balance	$ 19,094,235	$ 19,225,169
Initial Note Amounts Issued	44,331,242	41,380,952
Collateral	24,972,094	24,912,904
Restricted Cash	$ 1,673,929	$ 1,541,714
SC | SC public securitizations, maturing on various dates | Minimum
Debt Instrument [Line Items]
Initial Weighted Average Interest Rate Range	1.33%	1.16%
SC | SC public securitizations, maturing on various dates | Maximum
Debt Instrument [Line Items]
Initial Weighted Average Interest Rate Range	3.42%	3.53%
SC | SC privately issued amortizing notes, maturing on various dates
Debt Instrument [Line Items]
Balance	$ 7,154,282	$ 7,676,351
Initial Note Amounts Issued	11,406,822	11,305,368
Collateral	10,529,218	10,383,266
Restricted Cash	$ 19,231	$ 35,201
SC | SC privately issued amortizing notes, maturing on various dates | Minimum
Debt Instrument [Line Items]
Initial Weighted Average Interest Rate Range	0.88%	0.88%
SC | SC privately issued amortizing notes, maturing on various dates | Maximum
Debt Instrument [Line Items]
Initial Weighted Average Interest Rate Range	3.53%	3.17%

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME / (LOSS) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Jan. 01, 2019	Jan. 01, 2018
Accumulated Other Comprehensive Income (Loss) [Line Items]
Total other comprehensive income/(loss), pretax activity	$ 166,951	$ (52,399)	$ 304,908	$ (186,286)
Total other comprehensive income/(loss), tax effect	(46,437)	13,231	(79,775)	14,362
TOTAL OTHER COMPREHENSIVE GAIN / (LOSS), NET OF TAX	120,514	(39,168)	225,133	(171,924)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Equity, Beginning balance	24,128,405	23,830,599	23,847,232	23,690,832
Net Activity	120,514	(39,168)	225,133	(171,924)
Cumulative impact of adoption of new ASUs					$ 18,652	$ 8,455
Net Activity, upon adoption				(211,018)
Equity, Ending balance	24,504,820	24,140,380	24,504,820	24,140,380
Net unrealized gains on cash flow hedge derivative financial instruments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income/(loss), pretax activity	15,761	(21,956)	26,163	(23,788)
Other comprehensive income/(loss), tax effect	(10,969)	6,772	(12,971)	2,018
Other comprehensive income/(loss), net activity	4,792	(15,184)	13,192	(21,770)
Reclassification adjustment, pretax activity	(5,058)	15,332	(7,181)	13,645
Reclassification adjustment, tax effect	1,399	(4,887)	2,126	(4,349)
Reclassification adjustment, net activity	(3,659)	10,445	(5,055)	9,296
Total other comprehensive income/(loss), pretax activity	10,703	(6,624)	18,982	(10,143)
Total other comprehensive income/(loss), tax effect	(9,570)	1,885	(10,845)	(2,331)
TOTAL OTHER COMPREHENSIVE GAIN / (LOSS), NET OF TAX	1,133	(4,739)	8,137	(12,474)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Equity, Beginning balance	(12,809)	(23,752)	(19,813)	(6,388)
Net Activity	1,133	(4,739)	8,137	(12,474)
Cumulative impact of adoption of new ASUs						(9,629)
Net Activity, upon adoption				(22,103)
Equity, Ending balance	(11,676)	(28,491)	(11,676)	(28,491)
Net unrealized gains on investments in debt securities AFS
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income/(loss), pretax activity	152,353	(46,198)	273,730	(183,158)
Other comprehensive income/(loss), tax effect	(37,266)	11,459	(68,652)	22,246
Other comprehensive income/(loss), net activity	115,087	(34,739)	205,078	(160,912)
Total other comprehensive income/(loss), pretax activity	149,974	(46,617)	273,351	(182,914)
Total other comprehensive income/(loss), tax effect	(36,684)	11,563	(68,557)	22,214
TOTAL OTHER COMPREHENSIVE GAIN / (LOSS), NET OF TAX	113,290	(35,054)	204,794	(160,700)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Equity, Beginning balance	(154,263)	(290,522)	(245,767)	(140,498)
Net Activity	113,290	(35,054)	204,794	(160,700)
Cumulative impact of adoption of new ASUs						(24,378)
Net Activity, upon adoption				(185,078)
Equity, Ending balance	(40,973)	(325,576)	(40,973)	(325,576)
Reclassification adjustment for net (gains)/losses included in net income/(expense) on non-OTTI securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Reclassification adjustment, pretax activity	(2,379)	(419)	(379)	244
Reclassification adjustment, tax effect	582	104	95	(32)
Reclassification adjustment, net activity	(1,797)	(315)	(284)	212
Pension and post-retirement actuarial gains/(losses)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Total other comprehensive income/(loss), pretax activity	6,274	842	12,575	6,771
Total other comprehensive income/(loss), tax effect	(183)	(217)	(373)	(5,521)
TOTAL OTHER COMPREHENSIVE GAIN / (LOSS), NET OF TAX	6,091	625	12,202	1,250
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Equity, Beginning balance	(49,961)	(56,007)	(56,072)	(51,545)
Net Activity	6,091	625	12,202	1,250
Cumulative impact of adoption of new ASUs						(5,087)
Net Activity, upon adoption				(3,837)
Equity, Ending balance	(43,870)	(55,382)	(43,870)	(55,382)
Accumulated other comprehensive (loss)/income
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Equity, Beginning balance	(217,033)	(370,281)	(321,652)	(198,431)
Cumulative impact of adoption of new ASUs						$ (39,094)
Equity, Ending balance	$ (96,519)	$ (409,449)	$ (96,519)	$ (409,449)

DERIVATIVES (Narrative) (Detail

DERIVATIVES (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Credit Risk Contingent Features
Fair value of derivatives with credit risk contingent feature associated with credit ratings	$ 1,000,000		$ 1,000,000
Additional collateral required	0		0
Fair value of derivatives with credit risk contingent features	8,200,000		8,200,000		$ 9,500,000
Collateral posted	14,900,000		14,900,000		$ 11,500,000
Cash Flow Hedges
Cash flow hedge gains to be reclassified within next twelve months			(800,000)
Net unrealized (losses) on cash flow hedge derivative financial instruments
Derivative [Line Items]
Net amount of change recognized in OCI for cash flow hedge derivatives	4,792,000	$ (15,184,000)	13,192,000	$ (21,770,000)
Amount reclassified from OCI into earnings for cash flow hedge derivatives	$ (3,659,000)	$ 10,445,000	$ (5,055,000)	$ 9,296,000

DERIVATIVES (Derivatives Design

DERIVATIVES (Derivatives Designated in Hedge Relationships) (Details) - Designated as hedging instrument - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Derivative [Line Items]
Notional Amount	$ 12,100,000	$ 10,176,105
Asset, Total	36,733	54,986
Liability, Total	$ 64,537	$ 100,272
Weighted Average Receive Rate	1.31%	1.66%
Weighted Average Pay Rate	1.42%	1.66%
Weighted Average
Derivative [Line Items]
Weighted Average Life (Years)	1 year 7 months 13 days	2 years 6 days
Cash flow hedges | Pay fixed — receive variable interest rate swaps
Derivative [Line Items]
Notional Amount	$ 4,150,000	$ 4,176,105
Asset, Cash flow hedges	12,225	44,054
Liability, Cash flow hedges	$ 41,037	$ 10,503
Weighted Average Receive Rate	2.35%	2.67%
Weighted Average Pay Rate	1.79%	1.74%
Cash flow hedges | Pay fixed — receive variable interest rate swaps | Weighted Average
Derivative [Line Items]
Weighted Average Life (Years)	1 year 7 months 5 days	2 years 27 days
Cash flow hedges | Pay variable - receive fixed interest rate swaps
Derivative [Line Items]
Notional Amount	$ 4,300,000	$ 4,000,000
Asset, Cash flow hedges	1,754	0
Liability, Cash flow hedges	$ 23,454	$ 89,769
Weighted Average Receive Rate	1.42%	1.41%
Weighted Average Pay Rate	2.26%	2.40%
Cash flow hedges | Pay variable - receive fixed interest rate swaps | Weighted Average
Derivative [Line Items]
Weighted Average Life (Years)	1 year 7 months 13 days	2 years 7 days
Cash flow hedges | Interest rate floor
Derivative [Line Items]
Notional Amount	$ 3,650,000	$ 2,000,000
Asset, Cash flow hedges	22,754	10,932
Liability, Cash flow hedges	$ 46	$ 0
Weighted Average Receive Rate	0.00%	0.04%
Weighted Average Pay Rate	0.00%	0.00%
Cash flow hedges | Interest rate floor | Weighted Average
Derivative [Line Items]
Weighted Average Life (Years)	1 year 7 months 24 days	1 year 10 months 28 days

DERIVATIVES (Derivatives Not De

DERIVATIVES (Derivatives Not Designated in Hedge Relationships) (Details) - Not designated as hedging instrument - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	$ 51,616,259	$ 48,697,504
Asset derivatives Fair value	540,856	463,499
Liability derivatives Fair value	484,802	397,159
Other
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	1,140,641	1,038,558
Asset derivatives Fair value	10,327	4,527
Liability derivatives Fair value	12,587	7,137
Foreign exchange contracts
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	4,684,232	3,635,119
Asset derivatives Fair value	34,533	47,330
Liability derivatives Fair value	36,849	37,466
Interest rate swap agreements
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	2,120,371	2,281,379
Asset derivatives Fair value	2,992	11,553
Liability derivatives Fair value	13,219	3,264
Interest rate cap agreements
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	9,219,924	7,758,710
Asset derivatives Fair value	88,247	128,467
Liability derivatives Fair value	0	0
Options for interest rate cap agreements
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	9,203,381	7,741,765
Asset derivatives Fair value	0	0
Liability derivatives Fair value	88,240	128,377
Mortgage banking derivatives
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	1,376,270	917,869
Asset derivatives Fair value	19,334	4,256
Liability derivatives Fair value	4,227	13,774
Mortgage banking derivatives | Forward commitments to sell loans
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	589,064	329,189
Asset derivatives Fair value	0	4
Liability derivatives Fair value	3,984	4,821
Mortgage banking derivatives | Interest rate lock commitments
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	367,206	133,680
Asset derivatives Fair value	4,471	2,677
Liability derivatives Fair value	0	0
Mortgage banking derivatives | Mortgage servicing
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	420,000	455,000
Asset derivatives Fair value	14,863	1,575
Liability derivatives Fair value	243	8,953
Customer-related derivatives
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	23,871,440	25,324,104
Asset derivatives Fair value	385,423	267,366
Liability derivatives Fair value	329,680	207,141
Customer-related derivatives | Swaps receive fixed
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	10,626,331	11,335,998
Asset derivatives Fair value	360,742	92,542
Liability derivatives Fair value	9,812	120,185
Customer-related derivatives | Swaps pay fixed
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	11,132,874	11,825,804
Asset derivatives Fair value	21,283	163,673
Liability derivatives Fair value	311,582	72,662
Customer-related derivatives | Other
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	2,112,235	2,162,302
Asset derivatives Fair value	3,398	11,151
Liability derivatives Fair value	$ 8,286	$ 14,294

DERIVATIVES (Gains (Losses) on

DERIVATIVES (Gains (Losses) on All Derivatives) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Pay fixed-receive variable interest rate swaps | Interest expense on borrowings | Cash flow hedges
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on all derivatives	$ 13,842	$ 7,925	$ 26,782	$ 10,689
Pay variable receive-fixed interest rate swap | Interest income on loans | Cash flow hedges
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on all derivatives	(11,250)	(5,023)	(22,698)	(7,043)
Forward commitments to sell loans | Miscellaneous income, net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on all derivatives	(819)	(239)	834	(753)
Interest rate lock commitments | Miscellaneous income, net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on all derivatives	1,495	131	1,794	279
Mortgage servicing | Miscellaneous income, net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on all derivatives	12,947	(3,512)	21,301	(12,662)
Customer-related derivatives | Miscellaneous income, net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on all derivatives	(2,291)	4,034	(16,350)	9,903
Foreign exchange | Miscellaneous income, net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on all derivatives	6,044	4,987	29,977	8,706
Interest rate swaps, caps, and options | Miscellaneous income, net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on all derivatives	5,421	193	7,866	10,232
Other | Miscellaneous income, net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on all derivatives	$ 843	$ 248	$ (368)	$ (2,383)

DERIVATIVES (Offsetting of Fina

DERIVATIVES (Offsetting of Financial Assets) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Offsetting Assets [Line Items]
Gross Amounts of Recognized Assets, Total derivatives subject to a master netting arrangement or similar arrangement	$ 573,118	$ 515,808
Gross Amounts Offset in the Condensed Consolidated Balance Sheet, Total Derivative Assets	964	6,570
Net Amounts of Assets Presented in the Condensed Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement	572,154	509,238
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Cash Collateral Received, Total Derivative Assets	82,452	140,033
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Net Amount, Total derivatives subject to a master netting arrangement or similar arrangement	489,702	369,205
Total derivatives not subject to a master netting arrangement or similar arrangement	4,471	2,677
Gross Amounts of Recognized Assets, Total Derivative Assets	577,589	518,485
Net Amounts of Assets Presented in the Condensed Consolidated Balance Sheet, Total Derivative Assets	576,625	511,915
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet - Net Amount, Total Derivative Assets	494,173	371,882
Other derivative activities
Offsetting Assets [Line Items]
Gross Amounts of Recognized Assets, Total derivatives subject to a master netting arrangement or similar arrangement	536,385	460,822
Gross Amounts Offset in the Condensed Consolidated Balance Sheet, Total Derivative Assets	964	6,570
Net Amounts of Assets Presented in the Condensed Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement	535,421	454,252
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Cash Collateral Received, Total Derivative Assets	63,216	117,582
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Net Amount, Total derivatives subject to a master netting arrangement or similar arrangement	472,205	336,670
Cash flow hedges
Offsetting Assets [Line Items]
Gross Amounts of Recognized Assets, Total derivatives subject to a master netting arrangement or similar arrangement	36,733	54,986
Gross Amounts Offset in the Condensed Consolidated Balance Sheet, Total Derivative Assets	0	0
Net Amounts of Assets Presented in the Condensed Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement	36,733	54,986
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Cash Collateral Received, Total Derivative Assets	19,236	22,451
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Net Amount, Total derivatives subject to a master netting arrangement or similar arrangement	$ 17,497	$ 32,535

DERIVATIVES (Offsetting of Fi_2

DERIVATIVES (Offsetting of Financial Liabilities) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Offsetting Liabilities [Line Items]
Gross Amounts of Recognized Liabilities, Total derivatives subject to a master netting arrangement or similar arrangement	$ 545,355	$ 492,610
Gross Amounts Offset in the Condensed Consolidated Balance Sheet	9,773	13,422
Net Amounts of Liabilities Presented in the Condensed Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement	535,582	479,188
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Cash Collateral Pledged	493,232	321,897
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Net Amount, Total derivatives subject to a master netting arrangement or similar arrangement	42,350	157,291
Total derivatives not subject to a master netting arrangement or similar arrangement	3,984	4,821
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Cash Collateral Pledged, Total derivatives not subject to a master netting arrangement or similar arrangement	3,855	3,827
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Net Amount, Total derivatives not subject to a master netting arrangement or similar arrangement	129	994
Gross Amounts of Recognized Liabilities, Total Derivative Liabilities	549,339	497,431
Net Amounts of Liabilities Presented in the Condensed Consolidated Balance Sheet, Total Derivative Liabilities	539,566	484,009
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Cash Collateral Pledged, Total Derivative Liabilities	497,087	325,724
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Net Amount, Total Derivatives Liabilities	42,479	158,285
Other derivative activities
Offsetting Liabilities [Line Items]
Gross Amounts of Recognized Liabilities, Total derivatives subject to a master netting arrangement or similar arrangement	480,818	392,338
Gross Amounts Offset in the Condensed Consolidated Balance Sheet	9,773	13,422
Net Amounts of Liabilities Presented in the Condensed Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement	471,045	378,916
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Cash Collateral Pledged	430,795	316,285
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Net Amount, Total derivatives subject to a master netting arrangement or similar arrangement	40,250	62,631
Cash flow hedges
Offsetting Liabilities [Line Items]
Gross Amounts of Recognized Liabilities, Total derivatives subject to a master netting arrangement or similar arrangement	64,537	100,272
Gross Amounts Offset in the Condensed Consolidated Balance Sheet	0	0
Net Amounts of Liabilities Presented in the Condensed Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement	64,537	100,272
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Cash Collateral Pledged	62,437	5,612
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Net Amount, Total derivatives subject to a master netting arrangement or similar arrangement	$ 2,100	$ 94,660

INCOME TAXES (Details)

INCOME TAXES (Details) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended	36 Months Ended	60 Months Ended
	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)	Dec. 31, 2009USD ($)transaction	Dec. 31, 2005USD ($)	Dec. 31, 2007USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2016USD ($)
Income Tax Disclosure [Abstract]
Income tax provision	$ 155,326	$ 168,151	$ 271,540	$ 264,213
Effective tax rate	27.70%	31.90%	29.60%	29.90%
Net deferred tax liability	$ 884,400		$ 884,400					$ 587,500
Deferred tax assets	532,593		532,593					625,087
Deferred tax liability	1,416,993		1,416,993					$ 1,212,538
Increase in net deferred liabilities			296,900
Income Tax Contingency [Line Items]
Number of financing transactions related to lawsuit | transaction					2
Transaction amount related to lawsuit seeking refund of taxes paid					$ 1,200,000
Disallowed interest expense and transaction costs deductions					74,600
Penalties and interest expense					$ 92,500
Tax reserve	$ 36,800		$ 36,800
Settled Litigation
Income Tax Contingency [Line Items]
Tax reserve									$ 230,100
Foreign
Income Tax Contingency [Line Items]
Foreign taxes paid							$ 264,000
U.K. | Settled Litigation
Income Tax Contingency [Line Items]
Foreign taxes paid						$ 132,000

FAIR VALUE (Fair Value Measurem

FAIR VALUE (Fair Value Measurements, Recurring) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Financial assets:
AFS investment securities	$ 11,902,455	$ 11,632,987
Other investments - trading securities	2,302	10
RICs held-for-investment	104,200	126,300
Other assets - derivatives	576,625	511,915
Total MSRs	132,018	152,121
Financial liabilities:
Other liabilities - derivatives	539,566	484,009
U.S. Treasury securities
Financial assets:
AFS investment securities	3,124,176	1,804,745
Corporate debt
Financial assets:
AFS investment securities	158,500	160,114
ABS
Financial assets:
AFS investment securities	417,924	436,837
State and municipal securities
Financial assets:
AFS investment securities	13	16
Recurring
Financial assets:
AFS investment securities	11,902,455	11,632,987
Other investments - trading securities	2,302	10
RICs held-for-investment	104,193	126,312
LHFS	259,171	209,506
MSRs	129,913	149,660
Other assets - derivatives	577,589	518,485
Total financial assets	12,975,623	12,636,960
Financial liabilities:
Other liabilities - derivatives	549,339	497,431
Total financial liabilities	549,339	497,431
Recurring | U.S. Treasury securities
Financial assets:
AFS investment securities	3,124,176	1,804,745
Recurring | Corporate debt
Financial assets:
AFS investment securities	158,500	160,114
Recurring | ABS
Financial assets:
AFS investment securities	417,924	436,837
Recurring | State and municipal securities
Financial assets:
AFS investment securities	13	16
Recurring | MBS
Financial assets:
AFS investment securities	8,201,842	9,231,275
Recurring | Level 1
Financial assets:
AFS investment securities	0	526,364
Other investments - trading securities	0	4
RICs held-for-investment	0	0
LHFS	0	0
MSRs	0	0
Other assets - derivatives	0	0
Total financial assets	0	526,368
Financial liabilities:
Other liabilities - derivatives	0	0
Total financial liabilities	0	0
Recurring | Level 1 | U.S. Treasury securities
Financial assets:
AFS investment securities	0	526,364
Recurring | Level 1 | Corporate debt
Financial assets:
AFS investment securities	0	0
Recurring | Level 1 | ABS
Financial assets:
AFS investment securities	0	0
Recurring | Level 1 | State and municipal securities
Financial assets:
AFS investment securities	0	0
Recurring | Level 1 | MBS
Financial assets:
AFS investment securities	0	0
Recurring | Level 2
Financial assets:
AFS investment securities	11,577,476	10,779,424
Other investments - trading securities	2,302	6
RICs held-for-investment	0	0
LHFS	259,171	209,506
MSRs	0	0
Other assets - derivatives	573,050	515,781
Total financial assets	12,411,999	11,504,717
Financial liabilities:
Other liabilities - derivatives	546,739	496,593
Total financial liabilities	546,739	496,593
Recurring | Level 2 | U.S. Treasury securities
Financial assets:
AFS investment securities	3,124,176	1,278,381
Recurring | Level 2 | Corporate debt
Financial assets:
AFS investment securities	158,500	160,114
Recurring | Level 2 | ABS
Financial assets:
AFS investment securities	92,945	109,638
Recurring | Level 2 | State and municipal securities
Financial assets:
AFS investment securities	13	16
Recurring | Level 2 | MBS
Financial assets:
AFS investment securities	$ 8,201,842	9,231,275
Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Percentage of level 3 assets to total assets held at fair value	4.30%
Percentage of level 3 assets to total assets	0.40%
Financial assets:
AFS investment securities	$ 324,979	327,199
Other investments - trading securities	0	0
RICs held-for-investment	104,193	126,312
LHFS	0	0
MSRs	129,913	149,660
Other assets - derivatives	4,539	2,704
Total financial assets	563,624	605,875
Financial liabilities:
Other liabilities - derivatives	2,600	838
Total financial liabilities	2,600	838
Recurring | Level 3 | U.S. Treasury securities
Financial assets:
AFS investment securities	0	0
Recurring | Level 3 | Corporate debt
Financial assets:
AFS investment securities	0	0
Recurring | Level 3 | ABS
Financial assets:
AFS investment securities	324,979	327,199
Recurring | Level 3 | State and municipal securities
Financial assets:
AFS investment securities	0	0
Recurring | Level 3 | MBS
Financial assets:
AFS investment securities	$ 0	$ 0

FAIR VALUE (Fair Value Measur_2

FAIR VALUE (Fair Value Measurements, Non-recurring) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 104,200	$ 126,300
Total carrying value of the loans	5,396,344	6,216,533
Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed assets	84,093	97,886
Vehicle inventory	334,325	342,617
LHFS	2,264,517	1,073,795
MSRs	8,636	9,386
Nonrecurring | Impaired commercial LHFI
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	350,264	374,648
Total carrying value of the loans	305,500	479,400
Nonrecurring | Auto loans impaired due to bankruptcy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	184,543	189,114
Nonrecurring | Impaired personal loans held for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
LHFS	1,000,000	1,100,000
Nonrecurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed assets	0	0
Vehicle inventory	0	0
LHFS	0	0
MSRs	0	0
Nonrecurring | Level 1 | Impaired commercial LHFI
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	5,182
Nonrecurring | Level 1 | Auto loans impaired due to bankruptcy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Nonrecurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed assets	13,912	16,678
Vehicle inventory	334,325	342,617
LHFS	832,056	0
MSRs	0	0
Nonrecurring | Level 2 | Impaired commercial LHFI
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	126,975	150,208
Nonrecurring | Level 2 | Auto loans impaired due to bankruptcy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	184,543	189,114
Nonrecurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed assets	70,181	81,208
Vehicle inventory	0	0
LHFS	1,432,461	1,073,795
MSRs	8,636	9,386
Nonrecurring | Level 3 | Impaired commercial LHFI
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	223,289	219,258
Nonrecurring | Level 3 | Auto loans impaired due to bankruptcy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 0	$ 0

FAIR VALUE (Fair Value Adjustme

FAIR VALUE (Fair Value Adjustments) (Details) - Nonrecurring - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Impaired LHFI | Provision for credit losses
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value adjustment	$ 479	$ 29,891	$ (6,113)	$ 579
Foreclosed assets | Miscellaneous income, net
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value adjustment	(1,532)	(2,129)	(3,784)	(4,601)
LHFS | Provision for credit losses
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value adjustment	0	(6)	0	(387)
LHFS | Miscellaneous income, net
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value adjustment	(104,365)	(79,221)	(172,038)	(149,711)
Auto loans impaired due to bankruptcy | Provision for credit losses
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value adjustment	(7,254)	(6,667)	(11,664)	(88,812)
MSRs | Miscellaneous income, net
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value adjustment	$ (182)	$ 929	$ (355)	$ 380

FAIR VALUE (Reconciliation of A

FAIR VALUE (Reconciliation of Assets and Liabilities Using Level 3 Inputs) (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)	Jun. 30, 2019USD ($)factor	Jun. 30, 2018USD ($)	Jan. 28, 2014USD ($)
Fair Value, Assets, Unobservable Input Reconciliation [Roll Forward]
Number of primary factors driving gains | factor			3
RICs HFI
Fair Value, Assets, Unobservable Input Reconciliation [Roll Forward]
Unpaid principal balance on previously charged-off RIC portfolio					$ 3,000,000
Level 3 | Recurring
Fair Value, Assets, Unobservable Input Reconciliation [Roll Forward]
Balances, beginning of period	$ 582,303	$ 678,107	$ 605,037	$ 684,230
Losses in OCI	(830)	(1,275)	(1,502)	(1,774)
Gains/(losses) in earnings	(10,687)	2,187	(17,086)	22,640
Additions/Issuances	10,285	4,768	13,182	8,873
Settlements	(20,047)	(25,834)	(38,607)	(56,016)
Balances, end of period	561,024	657,953	561,024	657,953
Changes in unrealized gains (losses) included in earnings related to balances still held at end of period	(12,182)	2,056	(18,880)	22,361
Level 3 | Recurring | Investments AFS
Fair Value, Assets, Unobservable Input Reconciliation [Roll Forward]
Balances, beginning of period	326,108	348,634	327,199	350,252
Losses in OCI	(830)	(1,275)	(1,502)	(1,774)
Gains/(losses) in earnings	0	0	0	0
Additions/Issuances	0	0	0	0
Settlements	(299)	(503)	(718)	(1,622)
Balances, end of period	324,979	346,856	324,979	346,856
Changes in unrealized gains (losses) included in earnings related to balances still held at end of period	0	0	0	0
Level 3 | Recurring | RICs HFI
Fair Value, Assets, Unobservable Input Reconciliation [Roll Forward]
Balances, beginning of period	114,809	167,597	126,312	186,471
Losses in OCI	0	0	0	0
Gains/(losses) in earnings	3,405	4,760	6,952	10,036
Additions/Issuances	2,079	1,927	2,079	3,276
Settlements	(16,100)	(22,202)	(31,150)	(47,701)
Balances, end of period	104,193	152,082	104,193	152,082
Changes in unrealized gains (losses) included in earnings related to balances still held at end of period	3,405	4,760	6,952	10,036
Level 3 | Recurring | MSRs
Fair Value, Assets, Unobservable Input Reconciliation [Roll Forward]
Balances, beginning of period	140,134	160,130	149,660	145,993
Losses in OCI	0	0	0	0
Gains/(losses) in earnings	(14,691)	(1,274)	(23,937)	13,769
Additions/Issuances	8,206	2,841	11,103	5,597
Settlements	(3,736)	(3,227)	(6,913)	(6,889)
Balances, end of period	129,913	158,470	129,913	158,470
Changes in unrealized gains (losses) included in earnings related to balances still held at end of period	(14,691)	(1,274)	(23,937)	13,769
Level 3 | Recurring | Derivatives, net
Fair Value, Assets, Unobservable Input Reconciliation [Roll Forward]
Balances, beginning of period	1,252	1,746	1,866	1,514
Losses in OCI	0	0	0	0
Gains/(losses) in earnings	599	(1,299)	(101)	(1,165)
Additions/Issuances	0	0	0	0
Settlements	88	98	174	196
Balances, end of period	1,939	545	1,939	545
Changes in unrealized gains (losses) included in earnings related to balances still held at end of period	$ (896)	$ (1,430)	$ (1,895)	$ (1,444)

FAIR VALUE (Sensitivity Analysi

FAIR VALUE (Sensitivity Analysis of Fair Value, Mortgage Servicing Rights) (Details) - MSRs $ in Millions	Jun. 30, 2019USD ($)
Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Line Items]
Sensitivity analysis of fair value, impact of 10 percent adverse change in prepayment speed	$ (5.5)
Sensitivity analysis of fair value, impact of 20 percent adverse change in prepayment speed	(10.6)
Sensitivity analysis of fair value, impact of 10 percent adverse change in discount rate	(4.3)
Sensitivity analysis of fair value, impact of 20 percent adverse change in discount rate	$ (8.4)

FAIR VALUE (Quantitative Inform

FAIR VALUE (Quantitative Information) (Details) $ in Thousands	Jun. 30, 2019USD ($)	Dec. 31, 2018USD ($)
Financial Assets:
RICs held-for-investment	$ 104,200	$ 126,300
MSRs	132,018	152,121
Level 3 | Financing bonds
Financial Assets:
ABS	$ 301,589	$ 303,224
Level 3 | Financing bonds | Discount Rate | Minimum
Financial Assets:
ABS, Unobservable Inputs (as a percent)	0.0168	0.0268
Level 3 | Financing bonds | Discount Rate | Maximum
Financial Assets:
ABS, Unobservable Inputs (as a percent)	0.0251	0.0273
Level 3 | Financing bonds | Discount Rate | Weighted Average
Financial Assets:
ABS, Unobservable Inputs (as a percent)	0.0237	0.0269
Level 3 | Sale-leaseback securities
Financial Assets:
ABS	$ 23,390	$ 23,975
Level 3 | Sale-leaseback securities | Offered Quotes
Financial Assets:
ABS, Unobservable Inputs (as a percent)	1.0816	1.1028
Level 3 | RICs HFI
Financial Assets:
RICs held-for-investment	$ 104,193	$ 126,312
Level 3 | RICs HFI | Discount Rate | Minimum
Financial Assets:
RICs HFI, Unobservable Inputs (as a percent)	0.0950	0.0950
Level 3 | RICs HFI | Discount Rate | Maximum
Financial Assets:
RICs HFI, Unobservable Inputs (as a percent)	0.1450	0.1450
Level 3 | RICs HFI | Discount Rate | Weighted Average
Financial Assets:
RICs HFI, Unobservable Inputs (as a percent)	0.1278	0.1255
Level 3 | RICs HFI | CPR
Financial Assets:
RICs HFI, Unobservable Inputs (as a percent)	0.0666	0.0666
Level 3 | RICs HFI | Recovery Rate | Minimum
Financial Assets:
RICs HFI, Unobservable Inputs (as a percent)	0.2500	0.2500
Level 3 | RICs HFI | Recovery Rate | Maximum
Financial Assets:
RICs HFI, Unobservable Inputs (as a percent)	0.4300	0.4300
Level 3 | RICs HFI | Recovery Rate | Weighted Average
Financial Assets:
RICs HFI, Unobservable Inputs (as a percent)	0.4142	0.4160
Level 3 | Personal LHFS
Financial Assets:
LHFS	$ 955,729	$ 1,068,757
Level 3 | Personal LHFS | Discount Rate | Minimum
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.1500	0.1500
Level 3 | Personal LHFS | Discount Rate | Maximum
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.2500	0.2500
Level 3 | Personal LHFS | Market Participant View | Minimum
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.7000	0.7000
Level 3 | Personal LHFS | Market Participant View | Maximum
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.8000	0.8000
Level 3 | Personal LHFS | Default Rate | Minimum
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.3000	0.3000
Level 3 | Personal LHFS | Default Rate | Maximum
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.4000	0.4000
Level 3 | Personal LHFS | Net Principal & Interest Payment Rate | Minimum
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.7000	0.7000
Level 3 | Personal LHFS | Net Principal & Interest Payment Rate | Maximum
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.8500	0.8500
Level 3 | Personal LHFS | Loss Severity Rate | Minimum
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.9000	0.9000
Level 3 | Personal LHFS | Loss Severity Rate | Maximum
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.9500	0.9500
Level 3 | MSRs
Financial Assets:
MSRs	$ 129,913	$ 149,660
Level 3 | MSRs | Discount Rate
Financial Assets:
MSRs, Unobservable Inputs (as a percent)	0.0961	0.0971
Level 3 | MSRs | CPR | Minimum
Financial Assets:
MSRs, Unobservable Inputs (as a percent)	0.0696	0.0706
Level 3 | MSRs | CPR | Maximum
Financial Assets:
MSRs, Unobservable Inputs (as a percent)	1	1
Level 3 | MSRs | CPR | Weighted Average
Financial Assets:
MSRs, Unobservable Inputs (as a percent)	0.1168	0.0922

FAIR VALUE (Fair Value of Finan

FAIR VALUE (Fair Value of Financial Instruments) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Financial assets:
AFS investment securities	$ 11,902,455	$ 11,632,987
Investment in debt securities HTM	2,969,488	2,676,049
Other investments - trading securities	2,302	10
LHFI, net	86,188,234	83,148,738
Derivatives	576,625	511,915
Financial liabilities:
Derivatives	539,566	484,009
Carrying Value
Financial assets:
Cash and cash equivalents	8,019,284	7,790,593
AFS investment securities	11,902,455	11,632,987
Investment in debt securities HTM	2,955,751	2,750,680
Other investments - trading securities	2,302	10
LHFI, net	86,188,234	83,148,738
LHFS	2,523,688	1,283,278
Restricted cash	3,417,993	2,931,711
MSRs	132,018	152,121
Derivatives	577,589	518,485
Financial liabilities:
Deposits	63,720,054	61,511,380
Borrowings and other debt obligations	48,906,752	44,953,784
Derivatives	549,339	497,431
Fair Value
Financial assets:
Cash and cash equivalents	8,019,284	7,790,593
AFS investment securities	11,902,455	11,632,987
Investment in debt securities HTM	2,969,488	2,676,049
Other investments - trading securities	2,302	10
LHFI, net	87,891,554	83,415,697
LHFS	2,523,758	1,283,301
Restricted cash	3,417,993	2,931,711
MSRs	138,549	159,046
Derivatives	577,589	518,485
Financial liabilities:
Deposits	63,726,203	61,456,268
Borrowings and other debt obligations	49,497,911	45,083,518
Derivatives	549,339	497,431
Fair Value | Level 1
Financial assets:
Cash and cash equivalents	8,019,284	7,790,593
AFS investment securities	0	526,364
Investment in debt securities HTM	0	0
Other investments - trading securities	0	4
LHFI, net	0	5,182
LHFS	0	0
Restricted cash	3,417,993	2,931,711
MSRs	0	0
Derivatives	0	0
Financial liabilities:
Deposits	55,063,569	54,039,848
Borrowings and other debt obligations	0	0
Derivatives	0	0
Fair Value | Level 2
Financial assets:
Cash and cash equivalents	0	0
AFS investment securities	11,577,476	10,779,424
Investment in debt securities HTM	2,969,488	2,676,049
Other investments - trading securities	2,302	6
LHFI, net	126,975	150,208
LHFS	1,091,227	209,506
Restricted cash	0	0
MSRs	0	0
Derivatives	573,050	515,781
Financial liabilities:
Deposits	8,662,634	7,416,420
Borrowings and other debt obligations	35,593,434	31,494,126
Derivatives	546,739	496,593
Fair Value | Level 3
Financial assets:
Cash and cash equivalents	0	0
AFS investment securities	324,979	327,199
Investment in debt securities HTM	0	0
Other investments - trading securities	0	0
LHFI, net	87,764,579	83,260,307
LHFS	1,432,531	1,073,795
Restricted cash	0	0
MSRs	138,549	159,046
Derivatives	4,539	2,704
Financial liabilities:
Deposits	0	0
Borrowings and other debt obligations	13,904,477	13,589,392
Derivatives	$ 2,600	$ 838

FAIR VALUE (Fair Value Option f

FAIR VALUE (Fair Value Option for Financial Assets and Liabilities) (Details) - USD ($) $ in Thousands	Jan. 28, 2014	Jun. 30, 2019	Dec. 31, 2018
Fair Value
Nonaccrual loans		$ 3,992	$ 7,630
Aggregate UPB
Nonaccrual loans		6,140	10,427
Difference
Nonaccrual loans		(2,148)	(2,797)
Residential mortgages
Difference
Principal balance of loans serviced for others		14,700,000	14,400,000
LHFS
Fair Value
LHFS		259,171	209,506
Aggregate UPB
LHFS		252,437	204,061
Difference
LHFS		6,734	5,445
RICs HFI
Fair Value
RICs HFI		104,193	126,312
Aggregate UPB
RICs HFI		118,036	142,882
Difference
RICs HFI		$ (13,843)	$ (16,570)
SC | RICs HFI
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Threshold period for discontinuing and reversing accrual of interest (more than)	60 days
Fair Value
RICs HFI	$ 1,900,000
Aggregate UPB
RICs HFI	$ 2,600,000

NON-INTEREST INCOME AND OTHER_3

NON-INTEREST INCOME AND OTHER EXPENSES (Schedule of Non-Interest Income) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Revenue from Contract with Customer [Abstract]
Consumer and commercial fees	$ 146,499	$ 136,165	$ 279,517	$ 276,337
Lease income	705,835	569,306	1,380,720	1,110,202
Mortgage banking income, net	13,908	2,933	22,723	19,278
BOLI	16,113	14,816	30,431	29,384
Capital market revenue	48,442	41,083	97,964	97,696
Net gain on sale of operating leases	48,479	65,742	72,490	118,941
Asset and wealth management fees	44,157	43,922	87,204	87,259
Loss on sale of non-mortgage loans	(83,916)	(74,872)	(151,373)	(118,782)
Other miscellaneous income, net	21,088	19,659	38,376	309
Net gains/(losses) on sale of investment securities	2,379	419	379	(244)
TOTAL NON-INTEREST INCOME	$ 962,984	$ 819,173	$ 1,858,431	$ 1,620,380

NON-INTEREST INCOME AND OTHER_4

NON-INTEREST INCOME AND OTHER EXPENSES (Disaggregation by Revenue Source) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Disaggregation of Revenue [Line Items]
Out-of-scope of revenue from contracts with customers	$ 767,810	$ 638,914	$ 1,484,382	$ 1,266,143
Lease income	705,835	569,306	1,380,720	1,110,202
Miscellaneous income/(loss)	(16,198)	(1,782)	(38,257)	12,010
Net gains/(losses) on sale of investment securities	2,379	419	379	(244)
Non-interest income	962,984	819,173	1,858,431	1,620,380
Depository services
Disaggregation of Revenue [Line Items]
In-scope of revenue from contracts with customers	60,115	57,432	116,282	115,778
Commission and trailer fees
Disaggregation of Revenue [Line Items]
In-scope of revenue from contracts with customers	40,987	31,982	79,636	61,432
Interchange income, net
Disaggregation of Revenue [Line Items]
In-scope of revenue from contracts with customers	17,851	16,170	32,963	29,643
Underwriting service fees
Disaggregation of Revenue [Line Items]
In-scope of revenue from contracts with customers	27,249	24,840	50,792	49,344
Asset and wealth management fees
Disaggregation of Revenue [Line Items]
In-scope of revenue from contracts with customers	37,077	42,151	73,997	80,354
Other revenue from contracts with customers
Disaggregation of Revenue [Line Items]
In-scope of revenue from contracts with customers	11,895	7,684	20,379	17,686
Total In-scope of revenue from contracts with customers
Disaggregation of Revenue [Line Items]
In-scope of revenue from contracts with customers	195,174	180,259	374,049	354,237
Consumer and commercial fees
Disaggregation of Revenue [Line Items]
Out-of-scope of revenue from contracts with customers	$ 75,794	$ 70,971	$ 141,540	$ 144,175

NON-INTEREST INCOME AND OTHER_5

NON-INTEREST INCOME AND OTHER EXPENSES (Schedule of Other Expense) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		48 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Revenue from Contract with Customer [Abstract]
Amortization of intangibles	$ 14,742	$ 15,288	$ 29,508	$ 30,576
Deposit insurance premiums and other expenses	10,507	14,804	42,244	31,564	$ 25,300
Loss on debt extinguishment	1,109	1,201	1,127	3,413
Other administrative expenses	122,644	135,565	258,529	239,747
Other miscellaneous expenses	11,502	1,508	14,828	2,946
Total Other expenses	$ 160,504	$ 168,366	$ 346,236	$ 308,246

COMMITMENTS, CONTINGENCIES AN_3

COMMITMENTS, CONTINGENCIES AND GUARANTEES (Other Commitments) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Other Commitments [Line Items]
Lines of credit outstanding	$ 81,200	$ 88,700
Total commitments	32,995,471	31,836,778
Commitments to extend credit
Other Commitments [Line Items]
Other commitments	30,753,795	30,269,311
Letters of credit
Other Commitments [Line Items]
Letters of credit	1,342,137	1,488,714
Commitments to sell loans
Other Commitments [Line Items]
Other commitments	820,625	875
Unsecured revolving lines of credit
Other Commitments [Line Items]
Lines of credit outstanding	27,745	28,145
Recourse exposure on sold loans
Other Commitments [Line Items]
Other commitments	$ 51,169	$ 49,733

COMMITMENTS, CONTINGENCIES AN_4

COMMITMENTS, CONTINGENCIES AND GUARANTEES (Commitments to Extend Credit) (Details) - USD ($) $ in Billions	Jun. 30, 2019	Dec. 31, 2018
Commitments to extend credit
Other Commitments [Line Items]
Commitments that can be canceled without notice	$ 6.1	$ 5.7

COMMITMENTS, CONTINGENCIES AN_5

COMMITMENTS, CONTINGENCIES AND GUARANTEES (Letters of Credit) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017
Other Commitments [Line Items]
Reserve for unfunded lending commitments	$ 89,405	$ 92,685	$ 95,500	$ 86,972	$ 89,865	$ 109,111
Lines of credit outstanding	$ 81,200		88,700
Letters of credit
Other Commitments [Line Items]
Commitments, weighted average term	1 year 3 months 29 days
Letters of credit	$ 1,342,137		1,488,714
Reserve for unfunded lending commitments	$ 6,000		$ 4,600

COMMITMENTS, CONTINGENCIES AN_6

COMMITMENTS, CONTINGENCIES AND GUARANTEES (Commitments to Sell Loans) (Details)	6 Months Ended
	Jun. 30, 2019
Commitments to sell loans
Other Commitments [Line Items]
Forward contracts maturity period (less than)	1 year

COMMITMENTS, CONTINGENCIES AN_7

COMMITMENTS, CONTINGENCIES AND GUARANTEES (SC Commitments) (Details) - SC - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Consumer arrangements
Long-term Purchase Commitment [Line Items]
Contingencies	$ 596	$ 2,138
Chrysler | Revenue-sharing and gain/(loss), net-sharing payments
Long-term Purchase Commitment [Line Items]
Commitments	19,893	7,001
Bank of America | Servicer performance fee
Long-term Purchase Commitment [Line Items]
Commitments	5,249	6,353
CBP | Loss-sharing payments
Long-term Purchase Commitment [Line Items]
Commitments	$ 2,498	$ 3,708

COMMITMENTS, CONTINGENCIES AN_8

COMMITMENTS, CONTINGENCIES AND GUARANTEES (Chrysler Agreement) (Details) - SC - Chrysler	Jun. 30, 2019USD ($)
Other Commitments [Line Items]
Financing dedicated to FCA retail financing	$ 4,500,000,000
Minimum
Other Commitments [Line Items]
Funding available for dealer inventory financing	$ 5,000,000,000

COMMITMENTS, CONTINGENCIES AN_9

COMMITMENTS, CONTINGENCIES AND GUARANTEES (Agreement with Bank of America) (Details) - SC - Bank of America - USD ($)	6 Months Ended
	Jun. 30, 2019	Jan. 31, 2017
Other Commitments [Line Items]
Commitments		$ 300,000,000
Servicer payments period	6 years

COMMITMENTS, CONTINGENCIES A_10

COMMITMENTS, CONTINGENCIES AND GUARANTEES (Agreement with CBP) (Details) - SC - CBP - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Other Commitments [Line Items]
Loss-sharing payment percentage	0.50%
Loss-sharing payments
Other Commitments [Line Items]
Other commitments	$ 2,498	$ 3,708

COMMITMENTS, CONTINGENCIES A_11

COMMITMENTS, CONTINGENCIES AND GUARANTEES (Other Contingencies) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
SC | Other miscellaneous contingencies
Loss Contingencies [Line Items]
Contingencies	$ 596	$ 2,138

COMMITMENTS, CONTINGENCIES A_12

COMMITMENTS, CONTINGENCIES AND GUARANTEES (Bluestem) (Details) - SC - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2019	Dec. 31, 2018	Dec. 31, 2017
Other Commitments [Line Items]
Purchase obligation	$ 16.3	$ 15.4
Purchase commitment, repurchase rate	9.99%
Purchase commitment, exercise of repurchase rights, retainer rate	20.00%
Bluestem | Purchase New Advances on Personal Revolving Financing Receivable
Other Commitments [Line Items]
Other commitments	$ 3,000	3,100	$ 3,900
Purchases from other commitments	600	$ 1,200
Bluestem | Purchase of Receivables Related to New Opened Customer Accounts
Other Commitments [Line Items]
Purchases from other commitments	$ 75.5

COMMITMENTS, CONTINGENCIES A_13

COMMITMENTS, CONTINGENCIES AND GUARANTEES (Others) (Details) - SC - USD ($)	6 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Other Commitments [Line Items]
Minimum sales commitment, charged off loan receivables	$ 350,000,000
Threshold for sales subject to market price check (over)	275,000,000
Minimum sales commitment, loans receivable, written off, remaining	$ 46,100,000	$ 64,000,000

COMMITMENTS, CONTINGENCIES A_14

COMMITMENTS, CONTINGENCIES AND GUARANTEES (Legal and Regulatory Proceedings) (Details) loan in Thousands, $ in Thousands	1 Months Ended	6 Months Ended
	Feb. 28, 2015USD ($)	Jun. 30, 2019USD ($)loanclaim	Dec. 31, 2018USD ($)	Jul. 31, 2018USD ($)	Oct. 31, 2013USD ($)
Loss Contingencies [Line Items]
Accrued legal and regulatory liabilities		$ 258,500	$ 215,200
JPMorgan Chase Mortgage Loan Sale Indemnity Demand
Loss Contingencies [Line Items]
Number of mortgage loans sold | loan		35
Damages sought, value		$ 40,000
Puerto Rico FINRA Arbitrations
Loss Contingencies [Line Items]
Number of FINRA arbitration cases | claim		670
Number of claims that remain pending | claim		441
Puerto Rico Closed-End Funds Shareholder Derivative and Class Action | Puerto Rico
Loss Contingencies [Line Items]
Bonds (more than)					$ 180,000
Closed-end funds					$ 101,000
SC | Parmelee Lawsuit
Loss Contingencies [Line Items]
Estimate of possible loss				$ 9,500
Number of claims dismissed | claim		2
SC | Violation of Service Members Civil Relief Act
Loss Contingencies [Line Items]
SCRA compliance period	5 years
SC | Violation of Service Members Civil Relief Act | Civil Fine
Loss Contingencies [Line Items]
Damages sought, value	$ 55
SC | Violation of Service Members Civil Relief Act | Lost Equity for Each Repossession
Loss Contingencies [Line Items]
Damages sought, value	10
SC | Violation of Service Members Civil Relief Act | Sought to Collect Repossession-related Fees
Loss Contingencies [Line Items]
Damages sought, value	5
Maximum
Loss Contingencies [Line Items]
Estimate of possible loss		$ 220,000
Minimum | SC | Violation of Service Members Civil Relief Act | Civil Fine to Affected Service Members
Loss Contingencies [Line Items]
Damages sought, value	$ 9,400

RELATED PARTY TRANSACTIONS (Con

RELATED PARTY TRANSACTIONS (Contributions from Santander) (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2017
Related Party Transaction [Line Items]
Contribution from shareholder	$ 75,901	$ 5,741
Santander
Related Party Transaction [Line Items]
Cash contribution			$ 15,300
Affiliated Entity | Santander
Related Party Transaction [Line Items]
Cash contribution	75,901	5,741
Adjustment to book value of assets purchased on January 1	0	277
Deferred tax asset on purchased assets	0	3,156
Contribution from shareholder	$ 75,901	$ 9,174

RELATED PARTY TRANSACTIONS (Nar

RELATED PARTY TRANSACTIONS (Narrative) (Details) - USD ($) $ in Thousands	Jan. 01, 2018	Jun. 30, 2019	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2017
Related Party Transaction [Line Items]
Contribution from shareholder		$ 41,570			$ 75,901	$ 9,174
Santander
Related Party Transaction [Line Items]
Net capital contribution							$ 2,800
Cash contribution							15,300
Return of capital							$ 12,500
Santander | Affiliated Entity
Related Party Transaction [Line Items]
Cash contribution					75,901	5,741
Adjustment to book value of assets purchased on January 1					0	277
Santander | Produban Servicios Informaticos Generales S.L. and Ingenieria De Software Bancario S.L. | Affiliated Entity
Related Party Transaction [Line Items]
Adjustment to book value of assets purchased on January 1	$ 300
Deferred tax asset on purchased assets				$ 3,200
Santander | Produban Servicios Informaticos Generales S.L. and Ingenieria De Software Bancario S.L. | Affiliated Entity | Net Book Value, Net Assets Acquired
Related Party Transaction [Line Items]
Amount of related party transactions	2,800
Santander | Produban Servicios Informaticos Generales S.L. and Ingenieria De Software Bancario S.L. | Affiliated Entity | Fair Value, Net Assets Acquired
Related Party Transaction [Line Items]
Amount of related party transactions	15,300
Santander | SC | Affiliated Entity
Related Party Transaction [Line Items]
Sale of loans securitized			$ 1,200,000			2,600,000
Loss on sale of loans securitized			3,200			20,100
Servicing fee income		7,700	8,600		16,100	15,800
Collections due to Santander		$ 16,100	$ 16,000		$ 16,100	$ 16,000
SBNA | Affiliated Entity
Related Party Transaction [Line Items]
Assets contributed	$ 3,100

BUSINESS SEGMENT INFORMATION (N

BUSINESS SEGMENT INFORMATION (Narrative) (Details)	6 Months Ended
	Jun. 30, 2019USD ($)segment
Commercial Banking
Segment Reporting Information [Line Items]
Number of reportable segments | segment	2
CIB
Segment Reporting Information [Line Items]
Minimum annual revenue to service corporations | $	$ 500,000,000

BUSINESS SEGMENT INFORMATION (S

BUSINESS SEGMENT INFORMATION (Segment Information) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Segment Reporting Information [Line Items]
Net interest income	$ 1,621,725	$ 1,592,086	$ 3,224,610	$ 3,142,431
Non-interest income	962,984	819,173	1,858,431	1,620,380
Provision for/(release of) credit losses	480,632	433,803	1,080,843	987,683
Total expenses	1,542,386	1,449,749	3,084,801	2,891,108
INCOME BEFORE INCOME TAX PROVISION	561,691	527,707	917,397	884,020
Intersegment revenue/(expense)	0	0	0	0
Total assets	143,910,431	130,122,747	143,910,431	130,122,747	$ 135,634,285
Reportable Segments | Consumer & Business Banking
Segment Reporting Information [Line Items]
Net interest income	374,187	315,509	739,164	619,560
Non-interest income	86,543	70,251	161,200	153,652
Provision for/(release of) credit losses	40,215	18,283	77,215	56,672
Total expenses	404,102	387,110	794,073	781,096
INCOME BEFORE INCOME TAX PROVISION	16,413	(19,633)	29,076	(64,556)
Intersegment revenue/(expense)	581	521	976	1,198
Total assets	22,801,820	19,088,996	22,801,820	19,088,996
Reportable Segments | C&I
Segment Reporting Information [Line Items]
Net interest income	57,428	57,019	110,771	113,669
Non-interest income	16,738	17,411	33,010	50,102
Provision for/(release of) credit losses	6,925	(22,510)	15,585	(30,411)
Total expenses	59,508	59,064	114,183	115,028
INCOME BEFORE INCOME TAX PROVISION	7,733	37,876	14,013	79,154
Intersegment revenue/(expense)	1,053	1,401	2,304	3,306
Total assets	7,442,924	6,776,531	7,442,924	6,776,531
Reportable Segments | CRE & VF
Segment Reporting Information [Line Items]
Net interest income	105,148	104,349	207,714	203,219
Non-interest income	3,194	(453)	6,433	707
Provision for/(release of) credit losses	3,534	9,510	3,400	7,669
Total expenses	32,593	30,398	62,667	60,795
INCOME BEFORE INCOME TAX PROVISION	72,215	63,988	148,080	135,462
Intersegment revenue/(expense)	1,782	1,161	3,791	1,714
Total assets	18,809,753	18,348,263	18,809,753	18,348,263
Reportable Segments | CIB
Segment Reporting Information [Line Items]
Net interest income	40,033	30,958	78,068	63,679
Non-interest income	54,423	64,692	106,629	115,275
Provision for/(release of) credit losses	(4,188)	3,764	(2,746)	1,709
Total expenses	66,120	58,292	132,560	116,088
INCOME BEFORE INCOME TAX PROVISION	32,524	33,594	54,883	61,157
Intersegment revenue/(expense)	(3,401)	(3,527)	(7,071)	(5,808)
Total assets	10,178,060	7,832,197	10,178,060	7,832,197
Reportable Segments | Other
Segment Reporting Information [Line Items]
Net interest income	30,715	66,380	71,904	129,338
Non-interest income	114,251	108,877	206,633	219,355
Provision for/(release of) credit losses	4,622	8,620	8,393	14,958
Total expenses	181,599	193,015	406,301	392,253
INCOME BEFORE INCOME TAX PROVISION	(41,255)	(26,378)	(136,157)	(58,518)
Intersegment revenue/(expense)	(15)	444	0	(410)
Total assets	38,261,781	36,919,571	38,261,781	36,919,571
Reportable Segments | SC
Segment Reporting Information [Line Items]
Net interest income	992,485	1,001,042	1,976,050	1,977,184
Non-interest income	713,737	567,693	1,389,291	1,099,429
Provision for/(release of) credit losses	430,676	406,544	981,555	916,885
Total expenses	795,514	713,045	1,566,487	1,407,915
INCOME BEFORE INCOME TAX PROVISION	480,032	449,146	817,299	751,813
Intersegment revenue/(expense)	0	0	0	0
Total assets	46,416,093	41,157,189	46,416,093	41,157,189
SC Purchase Price Adjustments | SC
Segment Reporting Information [Line Items]
Net interest income	9,802	7,693	17,126	17,588
Non-interest income	2,313	2,869	4,314	5,555
Provision for/(release of) credit losses	(1,152)	9,592	(2,559)	20,201
Total expenses	9,860	11,683	20,390	23,412
INCOME BEFORE INCOME TAX PROVISION	3,407	(10,713)	3,609	(20,470)
Intersegment revenue/(expense)	0	0	0	0
Total assets	0	0	0	0
Eliminations
Segment Reporting Information [Line Items]
Net interest income	11,927	9,136	23,813	18,194
Non-interest income	(28,215)	(12,167)	(49,079)	(23,695)
Provision for/(release of) credit losses	0	0	0	0
Total expenses	(6,910)	(2,858)	(11,860)	(5,479)
INCOME BEFORE INCOME TAX PROVISION	(9,378)	(173)	(13,406)	(22)
Intersegment revenue/(expense)	0	0	0	0
Total assets	$ 0	$ 0	$ 0	$ 0