Santander Holdings USA (SOV) 10-Q 10 Aug 20 2020 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2020	Jul. 31, 2020
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2020
Document Transition Report	false
Entity File Number	001-16581
Entity Registrant Name	SANTANDER HOLDINGS USA, INC.
Entity Incorporation, State or Country Code	VA
Entity Tax Identification Number	23-2453088
Entity Address, Address Line One	75 State Street
Entity Address, City or Town	Boston
Entity Address, State or Province	MA
Entity Address, Postal Zip Code	02109
City Area Code	617
Local Phone Number	346-7200
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Emerging Growth Company	false
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding (in shares)		530,391,043
Entity Central Index Key	0000811830
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Jun. 30, 2020	Dec. 31, 2019
ASSETS
Cash and cash equivalents		$ 11,085,206	$ 7,644,372
Investment securities:
AFS at fair value		12,047,923	14,339,758
HTM (fair value of $5,414,720 and $3,957,227 as of June 30, 2020 and December 31, 2019, respectively)		5,229,562	3,938,797
Other investments (includes trading securities of $19,766 and $1,097 as of June 30, 2020 and December 31, 2019, respectively)		1,728,065	995,680
LHFI	[1],[2]	91,293,831	92,705,440
ALLL	[2]	(7,112,739)	(3,646,189)
Net LHFI		84,181,092	89,059,251
LHFS	[3]	5,439,364	1,420,223
Goodwill		2,596,161	4,444,389
Intangible assets, net		386,722	416,204
BOLI		1,885,358	1,860,846
Restricted cash	[2]	5,189,766	3,881,880
Other assets	[2],[4]	5,527,672	4,204,216
TOTAL ASSETS		152,353,787	149,499,477
LIABILITIES
Accounts payables and Accrued expenses		5,442,761	4,476,072
Deposits and other customer accounts (includes $4.7 billion and zero of deposits held for sale as of June 30, 2020 and December 31, 2019, respectively)		73,963,248	67,326,706
Borrowings and other debt obligations	[2]	49,857,326	50,654,406
Advance payments by borrowers for taxes and insurance		166,198	153,420
Deferred tax liabilities, net		867,361	1,521,034
Other liabilities	[2]	1,830,116	969,009
TOTAL LIABILITIES		132,127,010	125,100,647
Commitments and contingencies
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, 2020 and December 31, 2019)		17,890,181	17,954,441
Accumulated other comprehensive gain/(loss), net of taxes		259,686	(88,207)
Retained earnings		685,025	4,155,226
TOTAL SHUSA STOCKHOLDER'S EQUITY		18,834,892	22,021,460
NCI		1,391,885	2,377,370
TOTAL STOCKHOLDER'S EQUITY		20,226,777	24,398,830
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY		152,353,787	149,499,477
Assets not subject to operating leases
Investment securities:
Premises and equipment, net	[5]	794,043	798,122
Operating lease assets
Investment securities:
Premises and equipment, net	[2],[6]	$ 16,262,853	$ 16,495,739
[1]	LHFI includes $72.9 million and $102.0 million of loans recorded at fair value at June 30, 2020 and December 31, 2019, respectively.
[2]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At June 30, 2020 and December 31, 2019, LHFI included $22.5 billion and $26.5 billion, Operating leases assets, net included $16.2 billion and $16.5 billion, restricted cash inc luded $1.6 billion and $1.6 billion, other assets included $703.2 million and $625.4 million, Borrowings and other debt obligations included $32.3 billion and $34.2 billion, and Other liabilities included $101.1 million and $188.1 million of assets or liabilities that were included within VIEs, respectively. See Note 7 to these Condensed Consolidated Financial Statements for additional information.
[3]	Includ es $241.3 million a nd $289.0 million of loans recorded at the FVO at June 30, 2020 and December 31, 2019, respectively.
[4]	Includes MSRs of $88.7 million an d $130.9 million at June 30, 2020 and December 31, 2019, respectively, for which the Company has elected the FVO. See Note 12 to these Condensed Consolidated Financial Statements for additional information.
[5]	Net of accumulated depreciation of $1.6 billion and $1.5 billion at June 30, 2020 and December 31, 2019, respectively.
[6]	Net of accumulated depreciation of $4.7 billion and $4.2 billion at June 30, 2020 and December 31, 2019, respectively.

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)		Jun. 30, 2020	Dec. 31, 2019
ASSETS
Held-to-maturity securities, fair value		$ 5,414,720,000	$ 3,957,227,000
Trading securities		19,766,000	1,097,000
Deposits held-for-sale		$ 4,700,000,000	$ 0
STOCKHOLDER'S EQUITY
Common stock, shares authorized (in shares)		800,000,000	800,000,000
Common stock, shares outstanding (in shares)		530,391,043	530,391,043
Loans held for investment, fair value		$ 72,900,000	$ 102,000,000
Loans held for sale		241,300,000	289,000,000
Accumulated depreciation		1,600,000,000	1,500,000,000
LHFI	[1],[2]	91,293,831,000	92,705,440,000
Restricted cash	[2]	5,189,766,000	3,881,880,000
Other assets	[2],[3]	5,527,672,000	4,204,216,000
Borrowings and other debt obligations	[2]	49,857,326,000	50,654,406,000
Other liabilities	[2]	1,830,116,000	969,009,000
Operating lease assets
STOCKHOLDER'S EQUITY
Accumulated depreciation		4,700,000,000	4,200,000,000
Operating lease assets, net	[2],[4]	16,262,853,000	16,495,739,000
VIEs, Primary Beneficiary
STOCKHOLDER'S EQUITY
LHFI		22,489,596,000	26,532,328,000
Restricted cash		1,612,388,000	1,629,870,000
Other assets		703,234,000	625,359,000
Borrowings and other debt obligations		32,300,000,000	34,200,000,000
Other liabilities		101,067,000	188,093,000
VIEs, Primary Beneficiary | Operating lease assets
STOCKHOLDER'S EQUITY
Operating lease assets, net		16,239,622,000	16,461,982,000
Recurring
ASSETS
Trading securities		19,766,000	1,097,000
STOCKHOLDER'S EQUITY
Loans held for investment, fair value		72,862,000	101,968,000
Loans held for sale		241,250,000	289,009,000
Mortgage servicing rights		88,674,000	130,855,000
Residential mortgages
STOCKHOLDER'S EQUITY
Mortgage servicing rights		$ 88,700,000	$ 130,900,000
[1]	LHFI includes $72.9 million and $102.0 million of loans recorded at fair value at June 30, 2020 and December 31, 2019, respectively.
[2]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At June 30, 2020 and December 31, 2019, LHFI included $22.5 billion and $26.5 billion, Operating leases assets, net included $16.2 billion and $16.5 billion, restricted cash inc luded $1.6 billion and $1.6 billion, other assets included $703.2 million and $625.4 million, Borrowings and other debt obligations included $32.3 billion and $34.2 billion, and Other liabilities included $101.1 million and $188.1 million of assets or liabilities that were included within VIEs, respectively. See Note 7 to these Condensed Consolidated Financial Statements for additional information.
[3]	Includes MSRs of $88.7 million an d $130.9 million at June 30, 2020 and December 31, 2019, respectively, for which the Company has elected the FVO. See Note 12 to these Condensed Consolidated Financial Statements for additional information.
[4]	Net of accumulated depreciation of $4.7 billion and $4.2 billion at June 30, 2020 and December 31, 2019, respectively.

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)		3 Months Ended		6 Months Ended
		Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
INTEREST INCOME:
Loans		$ 1,879,262,000	$ 2,035,148,000	$ 3,857,010,000	$ 4,034,486,000
Interest-earning deposits		8,272,000	47,899,000	40,421,000	91,917,000
Investment securities:
AFS		51,631,000	71,137,000	121,654,000	145,567,000
HTM		23,130,000	15,789,000	46,775,000	33,111,000
Other investments		5,494,000	6,117,000	11,904,000	12,051,000
TOTAL INTEREST INCOME		1,967,789,000	2,176,090,000	4,077,764,000	4,317,132,000
INTEREST EXPENSE:
Deposits and other customer accounts		69,122,000	145,145,000	197,735,000	275,433,000
Borrowings and other debt obligations		359,877,000	409,220,000	755,263,000	817,089,000
TOTAL INTEREST EXPENSE		428,999,000	554,365,000	952,998,000	1,092,522,000
NET INTEREST INCOME		1,538,790,000	1,621,725,000	3,124,766,000	3,224,610,000
Credit loss expense		977,373,000	480,632,000	2,162,983,000	1,080,843,000
NET INTEREST INCOME AFTER CREDIT LOSS EXPENSE		561,417,000	1,141,093,000	961,783,000	2,143,767,000
NON-INTEREST INCOME:
Consumer and commercial fees		108,826,000	146,499,000	233,074,000	279,517,000
Lease income		755,006,000	705,835,000	1,526,666,000	1,380,720,000
Miscellaneous income, net	[1],[2]	(100,030,000)	108,271,000	21,943,000	197,815,000
TOTAL FEES AND OTHER INCOME		763,802,000	960,605,000	1,781,683,000	1,858,052,000
Net gain on sale of investment securities		22,516,000	2,379,000	31,795,000	379,000
TOTAL NON-INTEREST INCOME		786,318,000	962,984,000	1,813,478,000	1,858,431,000
GENERAL, ADMINISTRATIVE AND OTHER EXPENSES:
Compensation and benefits		440,521,000	470,247,000	929,794,000	946,810,000
Occupancy and equipment expenses		164,875,000	142,646,000	311,786,000	285,040,000
Technology, outside service, and marketing expense		126,991,000	152,425,000	261,981,000	304,131,000
Loan expense		58,423,000	102,784,000	152,344,000	209,500,000
Lease expense		641,270,000	513,780,000	1,231,631,000	993,084,000
Impairment of goodwill		1,848,228,000	0	1,848,228,000	0
Other expenses		149,382,000	160,504,000	277,727,000	346,236,000
TOTAL GENERAL, ADMINISTRATIVE AND OTHER EXPENSES		3,429,690,000	1,542,386,000	5,013,491,000	3,084,801,000
(LOSS)/INCOME BEFORE INCOME TAX (BENEFIT)/PROVISION		(2,081,955,000)	561,691,000	(2,238,230,000)	917,397,000
Income tax (benefit)/provision		(186,151,000)	155,326,000	(219,512,000)	271,540,000
NET (LOSS)/INCOME INCLUDING NCI		(1,895,804,000)	406,365,000	(2,018,718,000)	645,857,000
LESS: NET (LOSS)/INCOME ATTRIBUTABLE TO NCI		(23,377,000)	110,743,000	(19,614,000)	183,255,000
NET (LOSS)/INCOME ATTRIBUTABLE TO SHUSA		$ (1,872,427,000)	$ 295,622,000	$ (1,999,104,000)	$ 462,602,000
[1]	Includes equity investment income/(expense), net.
[2]	Netted down by impact of $268.4 million, and $331.3 million for the three-month and six-month periods ended June 30, 2020, respectively, compared to $104.4 million and $172.0 million for the corresponding periods in 2019 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, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Income Statement [Abstract]
Lower of cost or market adjustment on a portion of unsecured loan portfolio held for sale	$ 268.4	$ 104.4	$ 331.3	$ 172

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Statement of Comprehensive Income [Abstract]
NET (LOSS) / INCOME INCLUDING NCI		$ (1,895,804)	$ 406,365	$ (2,018,718)	$ 645,857
OCI, NET OF TAX
Net unrealized gains on cash flow hedge derivative financial instruments, net of tax	[1]	7,348	1,133	155,653	8,137
Net unrealized (losses) / gains on AFS and HTM investment securities, net of tax		(15,203)	113,290	191,120	204,794
Pension and post-retirement actuarial gains, net of tax		560	6,091	1,120	12,202
TOTAL OTHER COMPREHENSIVE (LOSS) / GAIN, NET OF TAX		(7,295)	120,514	347,893	225,133
COMPREHENSIVE (LOSS) / INCOME		(1,903,099)	526,879	(1,670,825)	870,990
NET (LOSS) / INCOME ATTRIBUTABLE TO NCI		(23,377)	110,743	(19,614)	183,255
COMPREHENSIVE (LOSS) / INCOME ATTRIBUTABLE TO SHUSA		$ (1,879,722)	$ 416,136	$ (1,651,211)	$ 687,735
[1]	Excludes $27.0 thousand and $(10.1) million of Other comprehensive loss attributable to NCI for the three-month and six-month periods ended June 30, 2020, respectively, compared to $(10.2) million and $(16.5) million for the corresponding periods in 2019, respectively.

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Statement of Comprehensive Income [Abstract]
OCI attributable to noncontrolling interest	$ 27	$ (10,200)	$ (10,100)	$ (16,500)

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDER’S EQUITY - USD ($)	Total	Cumulative Effect, Period of Adoption, Adjustment	Common Shares Outstanding	Common Stock and Paid-in Capital	Accumulated Other Comprehensive (Loss)/Income	Accumulated Other Comprehensive (Loss)/IncomeCumulative Effect, Period of Adoption, Adjustment	Retained Earnings	Retained EarningsCumulative Effect, Period of Adoption, Adjustment	Noncontrolling Interest	Noncontrolling InterestCumulative Effect, Period of Adoption, Adjustment
Beginning balance (in shares) at Dec. 31, 2018			530,391,000
Equity, beginning balance at Dec. 31, 2018	$ 23,847,232,000	$ 18,652,000		$ 17,859,304,000	$ (321,652,000)	$ 0	$ 3,783,405,000	$ 18,652,000	$ 2,526,175,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income attributable to SHUSA	687,735,000				225,133,000		462,602,000
Other comprehensive loss attributable to NCI	(16,523,000)								(16,523,000)
Net income attributable to NCI	183,255,000								183,255,000
Impact of SC stock option activity	5,606,000								5,606,000
Contribution from shareholder	75,901,000			75,901,000
Dividends declared and paid on common stock	(150,000,000)						(150,000,000)
Dividends paid to NCI	(42,394,000)								(42,394,000)
Stock repurchase attributable to NCI	(104,644,000)			10,431,000					(115,075,000)
Ending balance (in shares) at Jun. 30, 2019			530,391,000
Equity, ending balance at Jun. 30, 2019	24,504,820,000			17,945,636,000	(96,519,000)		4,114,659,000		2,541,044,000
Beginning balance (in shares) at Dec. 31, 2018			530,391,000
Equity, beginning balance at Dec. 31, 2018	$ 23,847,232,000	18,652,000		17,859,304,000	(321,652,000)	$ 0	3,783,405,000	18,652,000	2,526,175,000
Ending balance (in shares) at Dec. 31, 2019	530,391,043		530,391,000
Equity, ending balance at Dec. 31, 2019	$ 24,398,830,000	(1,785,464,000)		17,954,441,000	(88,207,000)		4,155,226,000	(1,346,097,000)	2,377,370,000	$ (439,367,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accounting Standards Update [Extensible List]	us-gaap:AccountingStandardsUpdate201613Member
Beginning balance (in shares) at Mar. 31, 2019			530,391,000
Equity, beginning balance at Mar. 31, 2019	$ 24,128,405,000			17,899,170,000	(217,033,000)		3,894,037,000		2,552,231,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income attributable to SHUSA	416,136,000				120,514,000		295,622,000
Other comprehensive loss attributable to NCI	(10,180,000)								(10,180,000)
Net income attributable to NCI	110,743,000								110,743,000
Impact of SC stock option activity	1,255,000								1,255,000
Contribution from shareholder	41,570,000			41,570,000
Dividends declared and paid on common stock	(75,000,000)						(75,000,000)
Dividends paid to NCI	(21,245,000)								(21,245,000)
Stock repurchase attributable to NCI	(86,864,000)			4,896,000					(91,760,000)
Ending balance (in shares) at Jun. 30, 2019			530,391,000
Equity, ending balance at Jun. 30, 2019	$ 24,504,820,000			17,945,636,000	(96,519,000)		4,114,659,000		2,541,044,000
Beginning balance (in shares) at Dec. 31, 2019	530,391,043		530,391,000
Equity, beginning balance at Dec. 31, 2019	$ 24,398,830,000	(1,785,464,000)		17,954,441,000	(88,207,000)		4,155,226,000	(1,346,097,000)	2,377,370,000	(439,367,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income attributable to SHUSA	(1,651,211,000)				347,893,000		(1,999,104,000)
Other comprehensive loss attributable to NCI	(10,106,000)								(10,106,000)
Net income attributable to NCI	(19,614,000)								(19,614,000)
Impact of SC stock option activity	3,394,000								3,394,000
Contribution from shareholder	0
Dividends declared and paid on common stock	(125,000,000)						(125,000,000)
Dividends paid to NCI	(37,212,000)								(37,212,000)
Stock repurchase attributable to NCI	$ (546,840,000)			(64,260,000)					(482,580,000)
Ending balance (in shares) at Jun. 30, 2020	530,391,043		530,391,000
Equity, ending balance at Jun. 30, 2020	$ 20,226,777,000			17,890,181,000	259,686,000		685,025,000		1,391,885,000
Beginning balance (in shares) at Mar. 31, 2020			530,391,000
Equity, beginning balance at Mar. 31, 2020	22,223,973,000	$ (132,000)		17,870,442,000	266,981,000		2,557,302,000	$ 150,000	1,529,248,000	$ (282,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income attributable to SHUSA	(1,879,722,000)				(7,295,000)		(1,872,427,000)
Other comprehensive loss attributable to NCI	27,000								27,000
Net income attributable to NCI	(23,377,000)								(23,377,000)
Impact of SC stock option activity	1,001,000								1,001,000
Dividends paid to NCI	(16,619,000)								(16,619,000)
Stock repurchase attributable to NCI	$ (78,374,000)			19,739,000					(98,113,000)
Ending balance (in shares) at Jun. 30, 2020	530,391,043		530,391,000
Equity, ending balance at Jun. 30, 2020	$ 20,226,777,000			$ 17,890,181,000	$ 259,686,000		$ 685,025,000		$ 1,391,885,000

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)		6 Months Ended
		Jun. 30, 2020	Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income including NCI		$ (2,018,718,000)	$ 645,857,000
Adjustments to reconcile net income to net cash provided by operating activities:
Impairment of goodwill		1,848,228,000	0
Credit loss expense		2,162,983,000	1,080,843,000
Deferred tax (benefit)/expense		(296,146,000)	216,264,000
Depreciation, amortization and accretion		1,497,903,000	1,131,787,000
Net loss on sale of loans		209,763,000	150,147,000
Net gain on sale of investment securities		(31,795,000)	(379,000)
Loss on debt extinguishment		1,026,000	1,127,000
Net loss on real estate owned, premises and equipment, and other assets		2,907,000	2,820,000
Stock-based compensation		23,000	266,000
Equity loss/(income) on equity method investments		11,947,000	(322,000)
Originations of LHFS, net of repayments		(2,211,859,000)	(568,633,000)
Purchases of LHFS		0	(229,000)
Proceeds from sales of LHFS		674,829,000	614,783,000
Net change in:
Revolving personal loans		(25,598,000)	(72,723,000)
Other assets, BOLI and trading securities		(1,101,777,000)	(479,589,000)
Other liabilities		1,655,112,000	260,283,000
NET CASH PROVIDED BY OPERATING ACTIVITIES		2,378,828,000	2,982,302,000
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sales of AFS investment securities		1,553,560,000	285,263,000
Proceeds from prepayments and maturities of AFS investment securities		4,882,810,000	1,546,071,000
Purchases of AFS investment securities		(3,691,813,000)	(2,172,170,000)
Proceeds from prepayments and maturities of HTM investment securities		366,372,000	146,505,000
Purchases of HTM investment securities		(1,534,595,000)	(25,938,000)
Proceeds from sales of other investments		176,010,000	148,339,000
Proceeds from maturities of other investments		85,000	13,673,000
Purchases of other investments		(868,969,000)	(241,707,000)
Proceeds from sales of LHFI		570,510,000	602,325,000
Distributions from equity method investments		4,239,000	2,526,000
Contributions to equity method and other investments		(70,911,000)	(110,953,000)
Proceeds from settlements of BOLI policies		4,400,000	17,486,000
Purchases of LHFI		(77,136,000)	(625,435,000)
Net change in loans other than purchases and sales		(2,959,233,000)	(5,423,963,000)
Purchases and originations of operating leases		(3,022,996,000)	(4,527,626,000)
Proceeds from the sale and termination of operating leases		1,766,412,000	1,840,648,000
Manufacturer incentives		216,057,000	431,294,000
Proceeds from sales of real estate owned and premises and equipment		21,357,000	33,367,000
Purchases of premises and equipment		(96,094,000)	(88,014,000)
Upfront fee paid to FCA		0	(60,000,000)
NET CASH USED IN INVESTING ACTIVITIES		(2,759,935,000)	(8,208,309,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net change in deposits and other customer accounts		6,636,542,000	2,208,674,000
Net change in short-term borrowings		(244,149,000)	671,956,000
Net proceeds from long-term borrowings		22,047,223,000	21,916,766,000
Repayments of long-term borrowings		(21,228,029,000)	(19,882,995,000)
Proceeds from FHLB advances (with terms greater than 3 months)		2,500,000,000	3,375,000,000
Repayments of FHLB advances (with terms greater than 3 months)		(3,885,882,000)	(2,150,000,000)
Net change in advance payments by borrowers for taxes and insurance		12,778,000	21,261,000
Dividends paid on common stock		(125,000,000)	(150,000,000)
Dividends paid to NCI		(37,212,000)	(42,394,000)
Stock repurchase attributable to NCI		(546,840,000)	(104,644,000)
Proceeds from the issuance of common stock		396,000	1,455,000
Capital contribution from shareholder		0	75,901,000
NET CASH PROVIDED BY FINANCING ACTIVITIES		5,129,827,000	5,940,980,000
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH		4,748,720,000	714,973,000
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD		11,526,252,000	10,722,304,000
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD	[1]	16,274,972,000	11,437,277,000
NON-CASH TRANSACTIONS
Loans transferred from other real estate owned		(121,561,000)	(13,927,000)
Loans transferred from HFI to HFS, net		2,764,872,000	1,600,445,000
Unsettled purchases of investment securities		345,978,000	333,498,000
Unsettled sales of investment securities		0	342,401,000
ROU assets		0	664,057,000
Accrued expenses and payables		$ 0	$ 705,650,000
[1]	The six-month periods ended June 30, 2020 and 2019 include cash and cash equivalents balances of $11.1 billion and $8.0 billion, respectively, and restricted cash balances of $5.2 billion and $3.4 billion, respectively.

CONDENSED CONSOLIDATED STATEM_7

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2020		Dec. 31, 2019		Jun. 30, 2019
Statement of Cash Flows [Abstract]
Cash and cash equivalents	$ 11,085,206		$ 7,644,372		$ 8,000,000
Restricted cash	$ 5,189,766	[1]	$ 3,881,880	[1]	$ 3,400,000
[1]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At June 30, 2020 and December 31, 2019, LHFI included $22.5 billion and $26.5 billion, Operating leases assets, net included $16.2 billion and $16.5 billion, restricted cash inc luded $1.6 billion and $1.6 billion, other assets included $703.2 million and $625.4 million, Borrowings and other debt obligations included $32.3 billion and $34.2 billion, and Other liabilities included $101.1 million and $188.1 million of assets or liabilities that were included within VIEs, respectively. See Note 7 to these Condensed Consolidated Financial Statements for additional information.

DESCRIPTION OF BUSINESS, BASIS

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
BASIS OF PRESENTATION AND ACCOUNTING POLICIES	DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES SHUSA is the Parent Company of SBNA, a national banking association; SC, a consumer finance company; Santander BanCorp, a financial holding company headquartered in Puerto Rico that offers a full range of financial services through its wholly-owned banking subsidiary, BSPR; SSLLC, a broker-dealer headquartered in Boston, Massachusetts; BSI, a financial services company headquartered in Miami, Florida that offers a full range of banking services to foreign individuals and corporations based primarily in Latin America; and SIS, a registered broker-dealer headquartered 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, SAM, are registered investment advisers with the SEC. SHUSA is headquartered in Boston and the Bank's home office is in Wilmington, Delaware. SHUSA is a wholly-owned subsidiary of 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 and delivering service to dealers and customers across the full credit spectrum. SC's primary business is the indirect origination and servicing of RICs and leases, principally through manufacturer-franchised dealers in connection with their sale of new and used vehicles to retail consumers. Additionally, SC sells consumer RICs through flow agreements and, when market conditions are favorable, it accesses the ABS market through securitizations of consumer RICs. SAF is SC’s primary vehicle financing brand, and is available as a finance option for automotive dealers across the United States. Since May 2013, under its agreement with FCA, SC has operated as FCA's preferred provider for consumer loans, leases, and dealer loans and provides 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. In 2019, SC entered into an amendment to the Chrysler Agreement, which modified that agreement to, among other things, adjust certain performance metrics, exclusivity commitments and payment provisions. 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 other consumer finance products. As of June 30, 2020, SC was owned approximately 77.7% by SHUSA and 22.3% by other shareholders. SC Common Stock is listed on the NYSE under the trading symbol "SC." NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) IHC The EPS mandated by Section 165 of the DFA Final Rule were enacted by the Federal Reserve to strengthen regulatory oversight of FBOs. Under the Final Rule, FBOs with over $50 billion of U.S. non-branch assets, including Santander, were 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. On October 21, 2019, the Company entered into an agreement to sell the stock of Santander BanCorp (the holding company that owns BSPR) for a total consideration of approximately $1.1 billion, subject to adjustment based on the consolidated SBC balance sheet at closing. At June 30, 2020, BSPR had 27 branches, approximately 1,000 employees, total assets of approximately $6.0 billion and $4.8 billion of liabilities. Among other conditions precedent to the closing, the transaction requires the Company to transfer all of BSPR's non-performing assets and the equity of SAM to the Company or a third party prior to closing. In addition, the transaction requires review and approval of various regulators which have been received in July 2020. As a result, the Company has disclosed investments of $1.2 billion, loans of $2.6 billion (including commercial loans of $1.6 billion and consumer loans of $998.6 million) and deposits of $4.7 billion as available / held for sale and the Company has recognized a deferred tax liability of approximately $39.0 million for the unremitted earnings of SBC. C onsummation of the transaction is not expected to result in any material gain or loss. Basis of Presentation The accompanying Condensed Consolidated Financial Statements include the accounts of the Company and its consolidated subsidiaries, including certain Trusts that are considered VIEs. The Company also consolidates VIEs for which it is deemed to be the primary beneficiary and VOEs in which the Company has a controlling financial interest. All significant intercompany balances and transactions have been eliminated in consolidation. The accompanying Condensed Consolidated Financial Statements have been prepared in accordance with GAAP for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Additionally, where applicable, the Company's accounting policies conform to the accounting and reporting guidelines prescribed by bank regulatory authorities. Accordingly, they do not include all of the information and footnotes required for GAAP for complete financial statements. In the opinion of management, these financial statements contain all adjustments, consisting of normal and recurring adjustments necessary for a fair statement of the financial position, results of operations, and cash flows for the periods indicated, and contain adequate disclosure for the fair statement of this interim financial information. Results of operations for the periods presented herein are not necessarily indicative of results of operations for the entire year. These financial statements should be read in conjunction with the Company's Annual Report on Form 10-K for the year ended December 31, 2019. Certain prior-year amounts have been reclassified to conform to the current year presentation. These reclassifications did not have a material impact on the Company's consolidated financial condition or results of operations. Use of Estimates The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts in the financial statements and accompanying notes. Actual results could differ from those estimates, and those differences may be material. The most significant estimates include the ACL, accretion of discounts and subvention on RICs, fair value measurements, expected end-of-term lease residual values, values of repossessed assets, goodwill, and income taxes. These estimates, although based on actual historical trends and modeling, may potentially show significant variances over time. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) Recently Adopted Accounting Standards Since January 1, 2020, the Company adopted the following FASB ASUs: • Financial Instruments - Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments . This guidance significantly changed how entities measure credit losses for most financial assets and certain other instruments measured at amortized cost. The amendment introduced a new credit reserving framework known as CECL, which replaced the incurred loss impairment framework with one that reflects expected credit losses over the expected life of financial assets and commitments, and requires consideration of a broader range of reasonable and supportable information, including estimation of future expected changes in macroeconomic conditions. Additionally, the standard changes the accounting framework for purchased credit-deteriorated HTM debt securities and loans, and dictates measurement of AFS debt securities using an allowance instead of reducing the carrying amount as it was under the OTTI framework. The Company adopted the new guidance on January 1, 2020, on a modified retrospective basis which resulted in an increase in the ACL of approximately $2.5 billion, a decrease in stockholder's equity of approximately $1.8 billion and a decrease in deferred tax liabilities, net of approximately $0.7 billion at January 1, 2020. The increase was based on forecasts of expected future economic conditions and was primarily driven by the fact that the allowance covers expected credit losses over the full expected life of the loan portfolios. • In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting . This guidance provides temporary optional expedients to reduce the costs and complexity associated with the high volume of contractual modifications expected in the transition away from LIBOR as the benchmark rate in contracts and hedges. These optional expedients allow entities to negate many of the accounting impacts of modifying contracts and hedging relationships necessitated by reference rate reform, allowing them to generally maintain the accounting as if a change had not occurred. The Company adopted this standard during the three month period ended March 31, 2020 electing the practical expedients relative to the Company’s contracts and hedging relationships modified as a result of reference rate reform through December 31, 2022. These practical expedients did not have a material impact on the Company’s business, financial position, results of operations, or disclosures. • In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes . The amendments in this ASU simplify the accounting for income taxes by removing certain exceptions to the general tax accounting principles and simplifying other specific tax scenarios. The Company adopted this standard as of January 1, 2020 reflecting the change prospectively. It did not have a material impact to the Company’s business, financial position, results of operations, or disclosures. The adoption of the following ASUs did not have a material impact on the Company's financial position or results of operations: • A SU 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement • ASU 2018-17, Consolidation (Topic 810): Targeted Improvements to Related Party Guidance for Variable Interest Entities As required by the adoption of the CECL Standard, the following additional accounting policy disclosures are required to update the disclosures included in our Annual Report on Form 10-K for the year ended December 31, 2019: Significant Accounting Policies Investment Securities and Other Investments Investments in debt securities are classified as either AFS, HTM, trading, or other investments. Investments in equity securities are generally recorded at fair value with changes recorded in earnings. Management determines the appropriate classification at the time of purchase. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) Debt securities that the Company has the positive intent and ability to hold until maturity are classified as HTM securities. HTM securities are reported at cost and adjusted for payments, chargeoffs, amortization of premium and accretion of discount. Impairment of HTM securities is recorded using a valuation reserve which represents management’s best estimate of expected credit losses during the lives of the securities. Securities for which management has an expectation that nonpayment of the amortized costs basis is zero do not have a reserve. The Company has a zero loss expectation when the securities are issued or guaranteed by certain US government entities, and those entities have a long history of no defaults and the highest credit ratings issued by rating agencies. Transfers of debt securities into the HTM category from the AFS category are made at fair value at the date of transfer. The unrealized holding gain or loss at the date of transfer is retained in OCI and in the carrying value of HTM securities. Such amounts are amortized over the remaining lives of the securities. Any allowance recorded for credit losses while the security was classified as AFS is reversed through provision expense. Thereafter, the allowance is recorded through provision using the HTM valuation reserve. Debt securities expected to be held for an indefinite period of time are classified as AFS and recorded on the balance sheet at fair value. If the fair value of an AFS debt security declines below its amortized cost basis and the Company does not have the intention or requirement to sell the security before it recovers its amortized cost basis, declines due to credit factors will be recorded in earnings through an allowance on AFS securities, and declines due to non-credit factors will be recorded in AOCI, net of taxes. Subsequent to recognition of a credit loss, improvements to the expectation of collectability will be reversed through the allowance. If the Company has the intention or requirement to sell the security, the Company will record its fair value changes in earnings as a direct write down to the security. Increases in fair value above amortized cost basis are recorded in AOCI, net of taxes. The Company conducts a comprehensive security-level impairment assessment quarterly on all AFS securities with a fair value that is less than their amortized cost basis to determine whether the loss is due to credit factors. The quarterly assessment takes into consideration whether (i) the Company has the intent to sell or, (ii) it is more likely than not that it will be required to sell the security before the expected recovery of its amortized cost. The Company also considers whether or not it would expect to receive all of the contractual cash flows from the investment based on its assessment of the security structure, recent security collateral performance metrics, external credit ratings, failure of the issuer to make scheduled interest or principal payments, judgment and expectations of future performance, and relevant independent industry research, analysis and forecasts. The Company also considers the severity of the impairment in its assessment. Similar to HTM securities, securities for which management expects risk of nonpayment of the amortized cost basis is zero, do not have a reserve. The Company has a zero loss expectation when the securities are issued or guaranteed by certain US government entities, and those entities have a long history of no defaults and the highest credit ratings issued by rating agencies. In the event of a credit loss, the credit component of the impairment is recognized within non-interest income as a separate line item, and by the recording of a valuation reserve. The non-credit component is recorded within AOCI. The Company does not measure an ACL for accrued interest, and instead writes off uncollectible accrued interest balances in a timely manner. The Company places securities on nonaccrual and reverses any uncollectible accrued interest when the full and timely collection of interest or principal becomes uncertain, but no later than at 90 days past due. See Note 2 to the Consolidated Financial Statements for details on the Company's investments. LHFI Purchased LHFI Loans that at acquisition the company deems to have more than insignificant deterioration in credit quality since origination (i.e., Purchased Credit Deteriorated or PCD loans) require the recognition of an ACL at purchase. The ACL is added to the purchase price at the date of acquisition to determine the initial amortized cost basis of the PCD loan. The allowance for credit losses is calculated using the same methodology as originated loans, as described below. Alternatively, the Company can elect the FVO at the time of purchase for any financial asset. Under the FVO, loans are recorded at fair value with changes in value recognized immediately in income. There is no ACL for loans under a FVO. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) Allowance for Credit Losses General The ALLL and reserve for off-balance sheet commitments (together, the ACL) are maintained at levels that represent management’s best estimate of expected credit losses in the Company’s HFI loan portfolios, which excludes those loans accounted for under the FVO. The allowance for expected credit losses is measured based on a lifetime expected loss model, which means that it is not necessary for a loss event to occur before a credit loss is recognized. Management’s estimate of expected credit losses is based on an evaluation of relevant information about past events, current conditions, and reasonable and supportable forecasts that affect the future collectability of the reported amounts. Management's evaluation takes into consideration the risks in the loan portfolio, past loan and lease loss experience, specific loans with loss potential, geographic and industry concentrations, delinquency trends, economic forecasts and other relevant factors. While management uses the best information available to make such evaluations, future adjustments to the ACL may be necessary if conditions differ substantially from the assumptions used in making the evaluations. Provisions for credit losses are charged to provision expense in amounts sufficient to maintain the ACL at levels considered adequate to cover expected credit losses in the Company’s HFI loan portfolios. The ALLL is a valuation account that is deducted from, or added to, the amortized cost basis to present the net amount expected to be collected on the Company’s HFI loan portfolios. The reserve for off-balance sheet commitments represents the ECL for unfunded lending commitments and financial guarantees, and is presented within Other liabilities on the Company's Consolidated Balance Sheets. The reserve for off-balance sheet commitments, together with the ALLL, is generally referred to collectively throughout this Form 10-Q as the ACL, despite the presentation differences. The Company measures expected losses of all components of the amortized cost basis of its loans. For all loans except TDRs and Credit Cards, the Company has elected to exclude accrued interest receivable balances from the measurement of expected credit losses because it applies a nonaccrual policy that results in the timely write off of uncollectible interest. Off-balance sheet commitments which are not unconditionally cancellable by the Company are subject to credit risk. Additions to the reserve for off-balance sheet commitments are made by charges to the credit loss expense. The Company does not calculate a liability for expected credit losses for off-balance sheet credit exposures which are unconditionally cancellable by the lender, because these instruments do not expose the Company to credit risk. At SHUSA, this generally applies to credit cards and commercial demand lines of credit. Methodology The Company uses several methodologies for the measurement of ACL. The Company generally uses a DCF approach for determining ALLL for TDRs and other individually assessed loans, and loss rate or roll-rate models for other loans. The methodologies utilized by the Company to estimate expected credit losses may vary by product type. Expected credit losses are estimated on a collective basis when similar risk characteristics exist. Expected credit losses are estimated on an individual basis only if the individual asset or exposure does not share similar risk attributes with other financial assets or exposures, including when an asset is treated as a collateral dependent asset. The estimate of expected credit losses reflects information about past events, current conditions, and reasonable and supportable forecasts that affect the future collectability of reported amounts. This information includes internal information, external information, or a combination of both. The Company uses historical loss experience as a starting point for estimating expected credit losses. The ACL estimate includes significant assumptions including the reasonable and supportable economic forecast period, which considers the availability of forward-looking scenarios and their respective time horizons, as well as the reversion method to historical losses. The economic scenarios used by the Company are available up to the contractual maturities of the assets, and therefore the Company can project losses through the respective contractual maturities, using an input reversion approach. This method results in a single, quantitatively consistent credit model across the entire projection period as the macroeconomic effects in the historical data are controlled for the estimate of the long-run loss level. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) The Company uses multiple scenarios in its CECL estimation process. The selection of scenarios is reviewed quarterly and governed by the ACL Committee. Additionally, the results from the CECL models are reviewed and adjusted if necessary, based on management’s judgment, as discussed in the section captioned "Qualitative Reserves" below. CECL Models The Company uses a statistical methodology based on an ECL approach that focuses on forecasting the ECL components (i.e., PD, payoff, loss given default and exposure at default) on a loan level basis to estimate the expected future life-time losses. • In calculating the PD and payoff, the Company developed model forecasts which consider variables such as delinquency status, loan tenor and credit quality as measured by internal risk ratings assigned to individual loans and credit facilities. • The loss given default component forecasts the extent of losses given that a default has occurred and considers variables such as collateral, LTV and credit quality. • The exposure at default component captures the effects of expected partial prepayments and underpayments that are expected to occur during the forecast period and considers variables such as LTV, collateral and credit quality. The above ECL components are used to compute an ACL based on the weighted average of the results of four macroeconomic scenarios. The weighting of these scenarios is governed and approved quarterly by management through established committee governance. These ECL components are inputs to both the Company’s DCF approach for TDRs and individually assessed loans, and non-DCF approach for other loans. When using a non-DCF method to measure the ACL, the Company measures ECL over the asset’s contractual term, adjusted for (a) expected prepayments, (b) expected extensions associated with assets for which management has a reasonable expectation at the reporting date that it will execute a TDR with the borrower, and (c) expected extensions or renewal options (excluding those that are accounted for as derivatives) included in the original or modified contract at the reporting date that are not unconditionally cancellable by the Company. In addition to the ALLL, management estimates expected losses related to off-balance sheet commitments using the same models and procedures used to estimate expected loan losses. Off-balance sheet commitments for commercial customers are analyzed and segregated by risk according to the Company's internal risk rating scale. These risk classifications, in conjunction with a forecast of expected usage of committed amounts and an analysis of historical loss experience, reasonable and supportable forecasts of economic conditions, performance trends within specific portfolio segments, and any other pertinent information result in the estimation of the reserve for off-balance sheet commitments. DCF Approaches A DCF method measures expected credit losses by forecasting expected future principal and interest cash flows and discounting them using the financial asset’s EIR. The ACL reflects the difference between the amortized cost basis and the present value of the expected cash flows. When using a DCF method to measure the ACL, the period of exposure is determined as a function of the Company’s expectations of the timing of principal and interest payments. The Company considers estimated prepayments in the future principal and interest cash flows when utilizing a DCF method. The Company generally uses a DCF approach for TDRs and impaired commercial loans. The Company reports the entire change in present value in credit loss expense. Collateral-Dependent Assets A loan is considered a collateral-dependent financial asset when: • The Company determines foreclosure is probable or • The borrower is experiencing financial difficulty and the Company expects repayment to be provided substantially through the operation or sale of the collateral. For all collateral-dependent loans, the Company measures the allowance for expected credit losses as the difference between the asset’s amortized cost basis and the fair value of the underlying collateral as of the reporting date, adjusted for expected costs to sell. If repayment or satisfaction of the loan is dependent only on the operation, rather than the sale, of the collateral, the measure of credit losses does not incorporate estimated costs to sell. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) A collateral dependent loan is written down (i.e., charged-off) to the fair value of the collateral adjusted for costs to sell (if repayment from sale is expected.) Any subsequent increase or decrease in the collateral’s fair value less cost to sell is recognized as an adjustment to the related loan’s ACL. Negative ACLs are limited to the amount previously charged-off. Collateral Maintenance Provisions For certain loans with collateral maintenance provisions which are secured by highly liquid collateral, the Company expects nonpayment of the amortized cost basis to be zero when such provisions require the borrower to continually replenish collateral in the event the fair value of the collateral changes. For these loans, the Company records no ACL. Negative Allowance Negative allowance is defined as the amount of future recovery expected for accounts that have already been charged off. The Company performs an analysis of the actual historical recovery values to determine the pattern of recovery and expected rate of recovery over a given historic period, and uses the results of this analysis to determine negative allowance. Negative allowance reduces the ACL. Qualitative Reserves Quantitative models have certain limitations with respect to estimating expected losses in times of rapidly changing macro-economic forecasts. The June 30, 2020 ACL estimate includes qualitative adjustments to adjust for limitations in modeled results with respect to forecasted economic conditions that are well outside of historic economic conditions used to develop the models and to give consideration to significant government relief programs, stimulus, and internal credit accommodations. Management believes the qualitative component of the ACL, which incorporates management’s expert judgment related to expected future credit losses, will continue to represent a significant portion of the ACL for the foreseeable future. Regardless of the extent of the Company's analysis of customer performance, portfolio evaluations, trends or risk management processes established, a level of imprecision will always exist due to the judgmental nature of loan portfolio and/or individual loan evaluations. The Company maintains a qualitative reserve to the ACL to recognize the existence of these exposures. Imprecisions include loss factors inherent in the loan portfolio that may not have been discreetly contemplated in the modelled approach to the allowance, as well as potential variability in estimates. The qualitative adjustment is also established in consideration of several factors such as changes in the Company’s underwriting standards, the interpretation of economic trends, delays in obtaining information regarding a customer's financial condition and changes in its unique business conditions. This analysis is conducted at least quarterly, and the Company revises the allowance factors whenever necessary in order to address improving or deteriorating credit quality trends or specific risks associated with a loan pool classification. Governance A comprehensive analysis of the ACL is performed by the Company on a quarterly basis. Management regularly monitors the condition of borrowers and assesses both internal and external factors in determining whether any relationships have deteriorated considering factors such as historical loss experience, trends in delinquency and NPLs, changes in risk composition and underwriting standards, experience and ability of staff and regional and national economic conditions, trends and forecasts. Risk factors are continuously reviewed and revised by management when conditions warrant. The Company's reserves are principally based on various models subject to the Company's model risk management framework. New models are approved by the Company's Model Risk Management Committee, and inputs are reviewed periodically by the Company's Internal Audit function. Models, inputs and documentation are further reviewed and validated at least annually, and the Company completes a detailed variance analysis of historical model projections against actual observed results on a quarterly basis. Required actions resulting from the Company's analysis, if necessary, are governed by its ACL Committee. In addition, a review of allowance levels based on nationally published statistics is conducted on at least an annual basis. Reserve levels are collectively reviewed for adequacy and approved quarterly by Board-level committees. The ACL is subject to review by banking regulators. The Company's primary bank regulators conduct examinations of the ACL and make assessments regarding its adequacy and the methodology employed in its determination. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) Changes in the assumptions used in these estimates could have a direct material impact on credit loss expense in the Condensed Consolidated Statements of Operations and in the allowance for loan losses. The loan portfolio represents the largest asset on the Condensed Consolidated Balance Sheets. The Company’s models incorporate a variety of assumptions based on historical experience, current conditions and forecasts. Management also applies its judgement in evaluating the appropriateness of the allowance. Material changes to the ACL might be necessary if prevailing conditions differ materially from the assumptions and estimates utilized in calculating the ACL. TDRs TDR Impact to ACL The Company’s policies for estimating the ACL also apply to TDRs as follows: • The Company reflects the impact of the concession in the ALLL for TDRs. Interest rate concessions and significant term deferrals can only be captured within the ALLL by using a DCF method. Therefore, in circumstances in which the Company offers such ext

INVESTMENT SECURITIES

INVESTMENT SECURITIES	6 Months Ended
	Jun. 30, 2020
Investments, Debt and Equity Securities [Abstract]
INVESTMENT SECURITIES	INVESTMENT SECURITIES Summary of Investments in Debt Securities - AFS and HTM The following tables present the amortized cost, gross unrealized gains and losses and approximate fair values of investments in debt securities AFS at the dates indicated: June 30, 2020 December 31, 2019 (in thousands) Amortized Gross Gross Fair Amortized Gross Gross Fair U.S. Treasury securities $ 1,505,434 $ 16,362 $ (1) $ 1,521,795 $ 4,086,733 $ 4,497 $ (292) $ 4,090,938 Corporate debt securities 98,389 110 (13) 98,486 139,696 39 (22) 139,713 ABS 113,611 983 (1,329) 113,265 138,839 1,034 (1,473) 138,400 State and municipal securities 5 — — 5 9 — — 9 MBS: GNMA - Residential 4,154,798 111,781 (161) 4,266,418 4,868,512 12,895 (16,066) 4,865,341 GNMA - Commercial 1,002,210 26,394 — 1,028,604 773,889 6,954 (1,785) 779,058 FHLMC and FNMA - Residential 4,866,733 78,804 (1,465) 4,944,072 4,270,426 14,296 (30,325) 4,254,397 FHLMC and FNMA - Commercial 68,821 6,460 (3) 75,278 69,242 2,665 (5) 71,902 Total investments in debt securities AFS $ 11,810,001 $ 240,894 $ (2,972) $ 12,047,923 $ 14,347,346 $ 42,380 $ (49,968) $ 14,339,758 The following tables present the amortized cost, gross unrealized gains and losses and approximate fair values of investments in debt securities HTM at the dates indicated: June 30, 2020 December 31, 2019 (in thousands) Amortized Gross Gross Fair Amortized Gross Gross Fair ABS $ 23,342 $ 353 $ — $ 23,695 $ — $ — $ — $ — MBS: GNMA - Residential 2,319,089 62,751 (930) 2,380,910 1,948,025 11,354 (7,670) 1,951,709 GNMA - Commercial 2,887,131 122,984 — 3,010,115 1,990,772 20,115 (5,369) 2,005,518 Total investments in debt securities HTM $ 5,229,562 $ 186,088 $ (930) $ 5,414,720 $ 3,938,797 $ 31,469 $ (13,039) $ 3,957,227 As of June 30, 2020 and December 31, 2019, the Company had investment securities with an estimated carrying value of $5.0 billion and $7.5 billion, respectively, pledged as collateral, which were comprised of the following: $359.2 million and $2.7 billion, respectively, were pledged as collateral for the Company's borrowing capacity with the FRB; $3.8 billion and $3.5 billion, respectively, were pledged to secure public fund deposits; $129.7 million and $148.5 million, respectively, were pledged to various independent parties to secure repurchase agreements, support hedging relationships, and for recourse on loan sales; $350.0 million and $699.1 million, respectively, were pledged to deposits with clearing organizations; and $425.9 million and $461.9 million, respectively, were pledged to secure the Company's customer overnight sweep product. At June 30, 2020 and December 31, 2019, the Company had $40.4 million and $46.0 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. No accrued interest related to investment securities was written off during the periods ended June 30, 2020 or December 31, 2019. There were no transfers of securities between AFS and HTM during the periods ended June 30, 2020 or December 31, 2019. NOTE 2. INVESTMENT SECURITIES (continued) Contractual Maturity of Investments in Debt Securities Contractual maturities of the Company’s investments in debt securities AFS at June 30, 2020 were as follows: (in thousands) Amortized Cost Fair Value Due within one year $ 1,028,954 $ 1,033,024 Due after 1 year but within 5 years 656,560 671,008 Due after 5 years but within 10 years 424,030 439,653 Due after 10 years 9,700,457 9,904,238 Total $ 11,810,001 $ 12,047,923 Contractual maturities of the Company’s investments in debt securities HTM at June 30, 2020 were as follows: (in thousands) Amortized Cost Fair Value Due within one year $ — $ — Due after 1 year but within 5 years 17,207 17,307 Due after 5 years but within 10 years 6,135 6,388 Due after 10 years 5,206,220 5,391,025 Total $ 5,229,562 $ 5,414,720 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 Investments in Debt Securities AFS and HTM The following table presents the aggregate amount of unrealized losses as of June 30, 2020 and December 31, 2019 on debt 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, 2020 December 31, 2019 Less than 12 months 12 months or longer Less than 12 months 12 months or longer (in thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized U.S. Treasury securities $ 139,982 $ (1) $ — $ — $ 200,096 $ (167) $ 499,883 $ (125) Corporate debt securities 56,893 (13) — — 110,802 (22) — — ABS 12,779 (69) 38,538 (1,260) 27,662 (44) 47,616 (1,429) MBS: GNMA - Residential 21,157 (26) 28,479 (135) 2,053,763 (6,895) 997,024 (9,171) GNMA - Commercial — — — — 217,291 (1,756) 14,300 (29) FHLMC and FNMA - Residential 525,099 (1,177) 26,452 (288) 660,078 (4,110) 1,344,057 (26,215) FHLMC and FNMA - Commercial — — 425 (3) — — 430 (5) Total investments in debt securities AFS $ 755,910 $ (1,286) $ 93,894 $ (1,686) $ 3,269,692 $ (12,994) $ 2,903,310 $ (36,974) The following table presents the aggregate amount of unrealized losses as of June 30, 2020 and December 31, 2019 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, 2020 December 31, 2019 Less than 12 months 12 months or longer Less than 12 months 12 months or longer (in thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized MBS: GNMA - Residential $ 81,040 $ (930) $ — $ — $ 559,058 $ (2,004) $ 657,733 $ (5,666) GNMA - Commercial — — — — 731,445 (5,369) — — Total investments in debt securities HTM $ 81,040 $ (930) $ — $ — $ 1,290,503 $ (7,373) $ 657,733 $ (5,666) NOTE 2. INVESTMENT SECURITIES (continued) Allowance for credit-related losses on AFS securities The Company did not record an allowance for credit-related losses on AFS securities against its investments in debt securities at June 30, 2020 or December 31, 2019. Management has concluded that the unrealized losses on its investments in debt securities for which it has not recorded an allowance (which were comprised of 218 individual securities at June 30, 2020) are not credit related since (1) they are not related to the underlying credit quality of the issuers, (2) the entire contractual principal and interest due on these securities is currently expected to be recoverable, (3) the Company does not intend to sell these investments at a loss and (4) 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. Gains (Losses) and Proceeds on Sales of Investments in Debt 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 Ended June 30, Six-Month Period Ended June 30, (in thousands) 2020 2019 2020 2019 Proceeds from the sales of AFS securities $ 631,459 $ 344,792 $ 1,553,560 $ 627,664 Gross realized gains $ 22,516 $ 2,528 $ 32,829 $ 3,340 Gross realized losses — (149) (1,034) (2,961) Net realized gains/(losses) (1) $ 22,516 $ 2,379 $ 31,795 $ 379 (1) Includes net realized gain/(losses) on trading securities of $0.5 million and $(0.9) million for the three-month and six-month periods ended June 30, 2020, respectively, and $(12.0) thousand and $(0.3) million for the three-month and six-month periods ended June 30, 2019, 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, 2020 December 31, 2019 FHLB of Pittsburgh and FRB stock $ 659,146 $ 716,615 LIHTC investments 285,932 265,271 Equity securities not held for trading (1) 13,221 12,697 Interest-bearing deposits with an affiliate bank 750,000 — Trading securities 19,766 1,097 Total $ 1,728,065 $ 995,680 (1) Includes $0.2 million and zero of equity certificates related to an off-balance sheet securitization as of June 30, 2020 and December 31, 2019, respectively. 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 there is no market for their sale. 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, 2020, the Company purchased $2.9 million and $118.6 million of FHLB stock at par, respectively, and redeemed $128.6 million and $176.0 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, 2020, the Company did not 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, 2020, with changes in fair value recognized in net income, and consist primarily of CRA mutual fund investments. Interest-bearing deposits include deposits maturing in more than 90 days with Santander. NOTE 2. INVESTMENT SECURITIES (continued) 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, 2020
Loans and Leases Receivable Disclosure [Abstract]
LOANS AND ALLOWANCE FOR CREDIT LOSSES	=640 3,824,732 5,974,506 1,752,702 346,591 284,108 274,203 12,456,842 33.3 % Total $ 9,034,456 $ 14,927,097 $ 6,902,243 $ 2,872,571 $ 1,855,420 $ 1,773,611 $ 37,365,398 100.0 % (1) Consists primarily of loans for which credit scores are not available or are not considered in the ALLL model. (2) Loans originated during the six-months ended June 30, 2020. (3) Excludes LHFS. December 31, 2019 RICs and auto loans Credit Score Range Recorded Investment (in thousands) Percent No FICO (1) $ 3,178,459 8.7 % <600 15,013,670 41.2 % 600-639 5,957,970 16.3 % >=640 12,306,648 33.8 % Total $ 36,456,747 100.0 % (1) Consists primarily of loans for which credit scores are not available or are not considered in the ALLL model. 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. FICO scores are refreshed quarterly, where possible. The indicators disclosed represent the credit scores for loans as of the date presented based on the most recent assessment performed. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Residential mortgage and home equity financing receivables by LTV and FICO range are summarized as follows: As of June 30, 2020 Residential Mortgages (1)(3) (dollars in thousands) Amortized Cost by Origination Year FICO Score 2020 (4) 2019 2018 2017 2016 Prior Grand Total N/A (2) LTV <= 70% $ — $ — $ 527 $ 508 $ — $ 23,846 $ 24,881 70.01-80% — — — — 456 21,153 21,609 80.01-90% — — — — — 1,888 1,888 90.01-100% — — — — — 1,285 1,285 100.01-110% — — — — — 205 205 LTV>110% — — — — — 423 423 LTV - N/A (2) 4,105 13,129 7,694 9,885 8,797 21,246 64,856 <600 LTV <= 70% $ 844 $ 2,469 $ 2,631 $ 17,153 $ 13,278 $ 131,518 $ 167,893 70.01-80% 824 5,175 5,104 5,562 5,112 12,978 34,755 80.01-90% — 5,273 12,828 5,073 252 2,080 25,506 90.01-100% — 8,130 — — 219 936 9,285 100.01-110% — — — — — 727 727 LTV>110% — — — — — 1,621 1,621 LTV - N/A(2) — — — — — 63 63 600-639 LTV <= 70% $ 2,686 $ 8,518 $ 10,572 $ 11,914 $ 14,745 $ 90,769 $ 139,204 70.01-80% 2,345 3,979 2,864 3,992 2,756 9,381 25,317 80.01-90% 459 6,397 8,444 3,680 — 1,277 20,257 90.01-100% 882 5,980 177 — — 719 7,758 100.01-110% — — — — — 785 785 LTV>110% — — — — — 1,228 1,228 LTV - N/A (2) — — — — — — — 640-679 LTV <= 70% $ 2,747 $ 18,935 $ 20,470 $ 31,462 $ 29,651 $ 131,277 $ 234,542 70.01-80% 4,467 22,995 11,654 7,759 3,952 7,114 57,941 80.01-90% 1,243 8,453 18,079 6,358 — 1,731 35,864 90.01-100% 2,512 14,658 194 — — 1,213 18,577 100.01-110% — — — — — 570 570 LTV>110% — — — — — 441 441 LTV - N/A (2) — — — — — 38 38 680-719 LTV <= 70% $ 19,353 $ 47,345 $ 40,864 $ 77,285 $ 61,120 $ 226,123 $ 472,090 70.01-80% 19,074 56,309 28,699 16,310 9,506 6,846 136,744 80.01-90% 2,520 19,942 28,010 6,190 137 3,349 60,148 90.01-100% 12,423 36,127 325 — — 1,487 50,362 100.01-110% — — — — — 566 566 LTV>110% — — — — — 492 492 LTV - N/A(2) 231 — — — — 80 311 720-759 LTV <= 70% $ 53,791 $ 97,325 $ 89,547 $ 173,393 $ 139,901 $ 344,344 $ 898,301 70.01-80% 41,227 100,520 60,188 21,464 12,614 8,215 244,228 80.01-90% 6,824 48,682 52,732 13,132 224 2,124 123,718 90.01-100% 21,757 52,828 — 13 — 538 75,136 100.01-110% — — — — — 592 592 LTV>110% — — — — — 820 820 LTV - N/A (2) 499 — — — — 237 736 >=760 LTV <= 70% $ 147,498 $ 377,193 $ 249,148 $ 624,069 $ 682,579 $ 1,324,440 $ 3,404,927 70.01-80% 89,572 356,464 148,998 79,307 28,609 16,725 719,675 80.01-90% 12,902 129,572 87,007 24,838 158 5,011 259,488 90.01-100% 22,395 65,665 — — 95 4,371 92,526 100.01-110% — — — — 77 276 353 LTV>110% — — — — 93 2,727 2,820 LTV - N/A (2) 156 1,102 — — — 320 1,578 Total - All FICO Bands LTV <= 70% $ 226,919 $ 551,785 $ 413,759 $ 935,784 $ 941,274 $ 2,272,317 $ 5,341,838 70.01-80% 157,509 545,442 257,507 134,394 63,005 82,412 1,240,269 80.01-90% 23,948 218,319 207,100 59,271 771 17,460 526,869 90.01-100% 59,969 183,388 696 13 314 10,549 254,929 100.01-110% — — — — 77 3,721 3,798 LTV>110% — — — — 93 7,752 7,845 LTV - N/A (2) 4,991 14,231 7,694 9,885 8,797 21,984 67,582 Grand Total $ 473,336 $ 1,513,165 $ 886,756 $ 1,139,347 $ 1,014,331 $ 2,416,195 $ 7,443,130 (1) Excludes LHFS. (2) Balances in the "N/A" range for LTV or FICO score primarily represent loans serviced by others, in run-off portfolios or for which a current LTV or FICO score is unavailable. (3) The ALLL model considers LTV for financing receivables in first lien position and CLTV for financing receivables in second lien position for the Company. (4) Loans originated during the six-months ended June 30, 2020. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) As of June 30, 2020 Home Equity Loans and Lines of Credit (2) (in thousands) Amortized Cost by Origination Year FICO Score 2020 (4) 2019 2018 2017 2016 Prior Total Revolving N/A (2) LTV <= 70% $ 3 $ 6 $ 128 $ 32 $ 1,779 $ 39,684 $ 41,632 $ 8,382 70.01-90% — 20 — 180 698 12,795 13,693 203 90.01-110% — — — — — 1,890 1,890 — LTV>110% — — — — — 110 110 — LTV - N/A (2) 5,641 14,130 17,593 16,764 12,846 81,025 147,999 — <600 LTV <= 70% $ 75 $ 1,286 $ 6,233 $ 12,651 $ 15,838 $ 136,418 $ 172,501 $ 160,821 70.01-90% 241 1,278 5,542 4,257 1,891 14,164 27,373 25,973 90.01-110% — — — — — 3,242 3,242 2,898 LTV>110% — — — — — 3,529 3,529 3,354 LTV - N/A (2) — — — 15 — 531 546 — 600-639 LTV <= 70% $ 456 $ 3,750 $ 9,002 $ 11,382 $ 11,945 $ 108,247 $ 144,782 $ 141,223 70.01-90% 282 3,405 4,205 4,563 930 13,831 27,216 26,716 90.01-110% — — — — — 2,735 2,735 2,572 LTV>110% — — — — — 1,322 1,322 1,268 LTV - N/A (2) — — — — — 41 41 — 640-679 LTV <= 70% $ 3,161 $ 14,182 $ 21,111 $ 24,409 $ 22,616 $ 162,386 $ 247,865 $ 244,981 70.01-90% 2,964 11,209 15,972 8,636 4,137 20,601 63,519 63,621 90.01-110% — 49 — — — 6,038 6,087 5,593 LTV>110% 49 — — — — 2,871 2,920 2,864 LTV - N/A (2) — 96 — — — 108 204 — 680-719 LTV <= 70% $ 16,884 $ 30,602 $ 45,671 $ 50,892 $ 52,600 $ 275,868 $ 472,517 $ 465,016 70.01-90% 7,604 25,255 28,220 23,606 5,556 31,641 121,882 122,310 90.01-110% 145 — — — — 11,398 11,543 11,211 LTV>110% — — 228 — — 4,956 5,184 4,863 LTV - N/A (2) 41 — — — — 81 122 — 720-759 LTV <= 70% $ 23,514 $ 51,429 $ 69,467 $ 75,952 $ 70,675 $ 376,303 $ 667,340 $ 658,903 70.01-90% 13,548 33,229 40,610 31,839 7,607 38,422 165,255 164,950 90.01-110% — 133 4 — — 12,751 12,888 11,664 LTV>110% — — — — — 10,310 10,310 9,922 LTV - N/A (2) 311 72 — 65 — 157 605 — >=760 LTV <= 70% $ 64,081 $ 145,116 $ 185,988 $ 183,811 $ 164,397 $ 988,605 $ 1,731,998 $ 1,706,323 70.01-90% 29,373 76,230 81,349 54,257 17,771 104,747 363,727 365,233 90.01-110% 289 85 — — — 25,698 26,072 25,224 LTV>110% 426 79 — — — 14,287 14,792 14,209 LTV - N/A (2) 333 264 132 70 — 440 1,239 — Total - All FICO Bands LTV <= 70% $ 108,174 $ 246,371 $ 337,600 $ 359,129 $ 339,850 $ 2,087,511 $ 3,478,635 $ 3,385,649 LTV 70.01 - 90% 54,012 150,626 175,898 127,338 38,590 236,201 782,665 769,006 LTV 90.01 - 110% 434 267 4 — — 63,752 64,457 59,162 LTV>110% 475 79 228 — — 37,385 38,167 36,480 LTV - N/A (2) 6,326 14,562 17,725 16,914 12,846 82,383 150,756 — Grand Total $ 169,421 $ 411,905 $ 531,455 $ 503,381 $ 391,286 $ 2,507,232 $ 4,514,680 $ 4,250,297 (1) - (4) Refer to corresponding notes above. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Residential Mortgages (1)(3) December 31, 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) $ 92,052 $ 4,654 $ 534 $ — $ — $ — $ — $ 97,240 <600 33 180,465 48,344 36,401 27,262 1,518 2,325 296,348 600-639 31 122,675 45,189 34,690 37,358 636 1,108 241,687 640-679 1,176 263,781 89,179 78,215 87,067 946 1,089 521,453 680-719 7,557 511,018 219,766 132,076 155,857 1,583 2,508 1,030,365 720-759 14,427 960,290 413,532 195,335 191,850 1,959 3,334 1,780,727 >=760 36" id="sjs-B4">LOANS AND ALLOWANCE FOR CREDIT LOSSES Overall The Company's LHFI are generally reported at their outstanding principal balances net of any cumulative charge-offs, unamortized deferred fees and costs and unamortized premiums or discounts. Certain LHFI are accounted for at fair value under the FVO. Certain loans are pledged as collateral for borrowings, securitizations, or SPEs. These loans totaled $56.1 billion at June 30, 2020 and $53.9 billion at December 31, 2019. Loans that the Company intends to sell are classified as LHFS. The LHFS portfolio balance at June 30, 2020 was $5.4 billion, compared to $1.4 billion at December 31, 2019. At June 30, 2020, LHFS included $2.6 billion of loans associated with BSPR and $1.6 billion of prime performing RICs originated for sale. For a discussion on the valuation of LHFS at fair value, see Note 12 to these 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, 2020, the carrying value of the personal unsecured held for sale portfolio was $1.0 billion . LHFS in the residential mortgage portfolio that were originated with the intent to sell were $241.3 million as of June 30, 2020 and are reported at eit her estimated fair value (if the FVO is elected) or the lower of cost or fair value. 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, 2020 and December 31, 2019, accrued interest receivable on the Company's loans was $711.9 million and $497.7 million, respectively. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Loan and Lease Portfolio Composition The following presents the composition of gross loans and leases HFI by portfolio and by rate type: June 30, 2020 December 31, 2019 (dollars in thousands) Amount Percent Amount Percent Commercial LHFI: CRE loans $ 7,400,780 8.1 % $ 8,468,023 9.1 % C&I loans 17,664,463 19.3 % 16,534,694 17.8 % Multifamily loans 8,562,825 9.4 % 8,641,204 9.3 % Other commercial (2) 7,191,574 7.9 % 7,390,795 8.2 % Total commercial LHFI 40,819,642 44.7 % 41,034,716 44.4 % Consumer loans secured by real estate: Residential mortgages 7,443,130 8.2 % 8,835,702 9.5 % Home equity loans and lines of credit 4,514,680 4.9 % 4,770,344 5.1 % Total consumer loans secured by real estate 11,957,810 13.1 % 13,606,046 14.6 % Consumer loans not secured by real estate: RICs and auto loans 37,365,398 40.9 % 36,456,747 39.3 % Personal unsecured loans 881,244 1.0 % 1,291,547 1.4 % Other consumer (3) 269,737 0.3 % 316,384 0.3 % Total consumer loans 50,474,189 55.3 % 51,670,724 55.6 % Total LHFI (1) $ 91,293,831 100.0 % $ 92,705,440 100.0 % Total LHFI: Fixed rate $ 61,109,094 66.9 % $ 61,775,942 66.6 % Variable rate 30,184,737 33.1 % 30,929,498 33.4 % Total LHFI (1) $ 91,293,831 100.0 % $ 92,705,440 100.0 % (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 $3.1 billion and $3.2 billion as of June 30, 2020 and December 31, 2019, respectively. (2) Other commercial includes CEVF leveraged leases and loans. (3) Other consumer primarily includes RV and marine loans. 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 commercial 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. During the six-month periods ended June 30, 2020 and 2019, SC originated $7.3 billion and $5.9 billion, respectively, in Chrysler Capital loans (including the SBNA originations program), which represented 62% and 54%, respectively, of the UPB of SC's total RIC originations (including the SBNA originations program). NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) ACL Rollforward by Portfolio Segment The ACL is comprised of the ALLL and the reserve for unfunded lending commitments. The activity in the ACL by portfolio segment for the three-month and six-month periods ended June 30, 2020 and 2019 was as follows: Three-Month Period Ended June 30, 2020 (in thousands) Commercial Consumer Unallocated Total ALLL, beginning of period $ 911,463 $ 5,712,273 $ — $ 6,623,736 Credit loss expense on loans 205,488 819,082 — 1,024,570 Charge-offs (43,446) (899,773) — (943,219) Recoveries 7,617 400,035 — 407,652 Charge-offs, net of recoveries (35,829) (499,738) — (535,567) ALLL, end of period $ 1,081,122 $ 6,031,617 $ — $ 7,112,739 Reserve for unfunded lending commitments, beginning of period $ 140,631 $ 29,309 $ — $ 169,940 Credit loss expense on unfunded lending commitments (45,450) (1,747) — (47,197) Reserve for unfunded lending commitments, end of period 95,181 27,562 — 122,743 Total ACL, end of period $ 1,176,303 $ 6,059,179 $ — $ 7,235,482 Six-Month Period Ended June 30, 2020 (in thousands) Commercial Consumer Unallocated Total ALLL, beginning of period $ 399,829 $ 3,199,612 $ 46,748 $ 3,646,189 Day 1: Adjustment to allowance for adoption of ASU 2016-13 151,590 2,431,041 (46,748) 2,535,883 Credit loss expense on loans 608,316 1,534,161 — 2,142,477 Charge-offs (96,908) (2,144,486) — (2,241,394) Recoveries 18,295 1,011,289 — 1,029,584 Charge-offs, net of recoveries (78,613) (1,133,197) — (1,211,810) ALLL, end of period $ 1,081,122 $ 6,031,617 $ — $ 7,112,739 Reserve for unfunded lending commitments, beginning of period $ 85,934 $ 5,892 $ — $ 91,826 Day 1: Adjustment to allowance for adoption of ASU 2016-13 10,081 330 — 10,411 Credit loss expense on unfunded lending commitments (834) 21,340 — 20,506 Reserve for unfunded lending commitments, end of period 95,181 27,562 — 122,743 Total ACL, end of period $ 1,176,303 $ 6,059,179 $ — $ 7,235,482 NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) 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 Credit loss expense on loans (1) 23,671 439,846 — 463,517 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 $ 86,563 $ 6,122 $ — $ 92,685 (Recovery of) / Credit loss expense on 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 Credit loss expense on loans (1) 45,644 1,020,899 — 1,066,543 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 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 (1) Credit loss expense includes $20.4 million related to retail installment contracts transferred to held for sale during the three and six months ended June 30, 2019. The credit risk in the Company’s loan portfolios is driven by credit and collateral quality, and is affected by borrower-specific and economy-wide factors. In general, there is an inverse relationship between the credit quality of loans and projections of impairment losses so that loans with better credit quality require a lower expected loss. The Company manages this risk through its underwriting, pricing strategies, credit policy standards, and servicing guidelines and practices, as well as the application of geographic and other concentration limits. The Company estimates life-time expected losses based on prospective information as well as account-level models based on historical data. Unemployment, HPI, and used vehicle index growth rates, along with loan level characteristics, are the key inputs used in the models for prediction of the likelihood that the borrower will default in the forecasted period (the PD). The used vehicle index is also used to estimate the loss i n the event of default. The historic volume of loan deferrals provided to customers impacted by COVID-19 has driven positive trends in delinquencies and severity (charge-offs) in the quarter, however, the inclusion of key loan characteristics as inputs to the models (including number of extensions) and management’s evaluation of qualitative factors ensure the allowance is appropriate. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) The Company has determined the reasonable and supportable period to be three years, at which time the economic forecasts generally tend to revert to historical averages. The Company utilizes qualitative factors to capture any additional risks that may not be captured in either the economic forecasts or in the historical data. The Company generally uses a third party vendor's consensus baseline macroeconomic scenario for the quantitative estimate and additional positive and negative macroeconomic scenarios to make qualitative adjustment for macroeconomic uncertainty. The baseline scenario was based on the latest consensus forecasts available which show a steep decline in key variables in this quarter, including a sharp increase in unemployment rates (which are a key driver to losses), followed by a recovery in the second half of the year, supported by reopening of the economy and government stimulus. The scenarios are periodically updated over a reasonable and supportable time horizon, with weightings assigned by management and approved through established committee governance. To capture potential additional default risk as well as potential decreases in collateral resulting from COVID-19, for the three-month period ended June 30, 2020, the Company adjusted the ACL as follows: • For RICs, the Company adjusted the ACL using the latest consensus forecasts available which show a steep decline in key variables in this quarter, including a sharp increase in unemployment rates (which are a key driver to losses), followed by a recovery in the second half of the year, supported by reopening of the economy and government stimulus. • For other portfolios, in addition to the pandemic-specific economic forecast, the Company considered other specific portfolio characteristics, to determine an appropriate ACL. The Company’s allowance for loan losses increased $489.0 million and increased $3.5 billion for the three-month and six-month periods ended June 30, 2020, respectively. For the three months ended June 30, 2020, the increase was primarily due to a reserve build associated with a weaker economic outlook related to COVID-19, partially offset by changes in balances. For the six-month period, the primary drivers were an approximately a $2.5 billion increase at CECL adoption on January 1, 2020, driven mainly by the addition of life-time expected credit losses for non-TDR loans, and approximately $542.0 million, net due to business drivers during the first quarter of 2020, including $651.0 million of additional reserves specific to COVID-19 risk, partially offset by balance changes and portfolio mix. Non-accrual loans by Class of Financing Receivable The amortized cost basis of financial instruments that are either non-accrual with related expected credit loss or nonaccrual without related expected credit loss disaggregated by class of financing receivables and other non-performing assets is as follows: Non-accrual loans as of (1) : Non-accrual loans with no allowance Interest Income recognized on nonaccrual loans (in thousands) June 30, 2020 December 31, 2019 June 30, 2020 June 30, 2020 Non-accrual loans: Commercial: CRE $ 110,814 $ 83,117 $ 62,960 $ — C&I 92,895 153,428 40,875 — Multifamily 60,188 5,112 45,460 — Other commercial 16,440 31,987 5,790 — Total commercial loans 280,337 273,644 155,085 — Consumer: Residential mortgages 147,931 134,957 77,568 — Home equity loans and lines of credit 110,917 107,289 41,415 — RICs and auto loans 903,290 1,643,459 187,368 62,572 Personal unsecured loans 2,801 2,212 367 — Other consumer 10,161 11,491 81 — Total consumer loans 1,175,100 1,899,408 306,799 62,572 Total non-accrual loans 1,455,437 2,173,052 461,884 62,572 OREO 53,258 66,828 — — Repossessed vehicles 131,309 212,966 — — Foreclosed and other repossessed assets 2,268 4,218 — — Total OREO and other repossessed assets 186,835 284,012 — — Total non-performing assets $ 1,642,272 $ 2,457,064 $ 461,884 $ 62,572 (1) The December 31, 2019 table includes balances based on recorded investment. Differences between amortized cost and UPB were not material NOTE 3. 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 amortized cost 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, 2020 (in thousands) 30-89 90 Total Current Total Amortized Cost Commercial: CRE (1) $ 103,448 $ 89,702 $ 193,150 $ 8,311,839 $ 8,504,989 $ — C&I (2) 36,285 62,934 99,219 18,168,280 18,267,499 — Multifamily (3) 37,575 7,164 44,739 8,564,614 8,609,353 — Other commercial 56,345 7,763 64,108 7,127,466 7,191,574 107 Consumer: Residential mortgages (4) 96,234 118,981 215,215 8,258,779 8,473,994 — Home equity loans and lines of credit 44,406 78,839 123,245 4,391,435 4,514,680 — RICs and auto loans (5) 1,861,286 277,184 2,138,470 36,864,123 39,002,593 — Personal unsecured loans (6) 53,540 75,954 129,494 1,769,282 1,898,776 67,045 Other consumer 9,414 8,212 17,626 252,111 269,737 — Total $ 2,298,533 $ 726,733 $ 3,025,266 $ 93,707,929 $ 96,733,195 $ 67,152 (1) CRE loans includes $1.1 billion of LHFS at June 30, 2020. (2) C&I loans includes $603.0 million of LHFS at June 30, 2020. (3) Multifamily loans includes $46.5 million of LHFS at June 30, 2020. (4) Residential mortgages includes $1.0 billion of LHFS at June 30, 2020. (5) Personal unsecured loans includes $1.0 billion of LHFS at June 30, 2020. (6) RICs and auto loans includes $1.6 billion of LHFS at June 30, 2020. As of December 31, 2019 (in thousands) 30-89 90 Total Current Total Recorded Commercial: CRE $ 51,472 $ 65,290 $ 116,762 $ 8,351,261 $ 8,468,023 $ — C&I (1) 55,957 84,640 140,597 16,510,391 16,650,988 — Multifamily 10,456 3,704 14,160 8,627,044 8,641,204 — Other commercial 61,973 6,352 68,325 7,322,469 7,390,794 — Consumer: Residential mortgages (2) 154,978 128,578 283,556 8,848,971 9,132,527 — Home equity loans and lines of credit 45,417 75,972 121,389 4,648,955 4,770,344 — RICs and auto loans 4,364,110 404,723 4,768,833 31,687,914 36,456,747 — Personal unsecured loans (3) 85,277 102,572 187,849 2,110,803 2,298,652 93,102 Other consumer 11,375 7,479 18,854 297,530 316,384 — Total $ 4,841,015 $ 879,310 $ 5,720,325 $ 88,405,338 $ 94,125,663 $ 93,102 (1) C&I loans included $116.3 million of LHFS at December 31, 2019. (2) Residential mortgages included $296.8 million of LHFS at December 31, 2019. (3) Personal unsecured loans included $1.0 billion of LHFS at December 31, 2019. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) 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. 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. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Each commercial loan is evaluated to determine its risk rating at least annually. The indicators represent the rating for loans as of the date presented based on the most recent assessment performed. Amortized cost basis of loans in the commercial portfolio segment by credit quality indicator, class of financing receivable, and year of origination are summarized as follows: June 30, 2020 Commercial Loan Portfolio (1) (dollars in thousands) Amortized Cost by Origination Year Regulatory Rating: 2020 (3) 2019 2018 2017 2016 Prior Total Commercial real estate Pass $ 260,691 $ 1,183,498 $ 1,746,022 $ 1,319,696 $ 853,268 $ 1,964,698 $ 7,327,873 Special mention 1,163 125,290 90,447 146,761 119,398 268,717 751,776 Substandard — 17,276 30,250 31,879 79,673 262,281 421,359 Doubtful — — — — — 306 306 N/A (2) — — — — — 3,675 3,675 Total Commercial real estate $ 261,854 $ 1,326,064 $ 1,866,719 $ 1,498,336 $ 1,052,339 $ 2,499,677 $ 8,504,989 C&I Pass $ 4,554,855 $ 3,893,807 $ 2,977,262 $ 977,492 $ 590,003 $ 2,814,553 $ 15,807,972 Special mention 19,708 125,414 232,373 145,859 123,415 431,816 1,078,585 Substandard 36,413 30,606 161,818 39,673 68,624 245,123 582,257 Doubtful 691 — 1 3,959 404 1,736 6,791 N/A (2) 202,024 370,714 99,650 22,094 28,388 69,024 791,894 Total C&I $ 4,813,691 $ 4,420,541 $ 3,471,104 $ 1,189,077 $ 810,834 $ 3,562,252 $ 18,267,499 Multifamily Pass $ 596,068 $ 2,080,706 $ 1,802,434 $ 1,283,891 $ 583,711 $ 1,929,736 $ 8,276,546 Special mention — 16,408 47,855 82,368 21,972 65,259 233,862 Substandard — 3,788 — 53,514 1,750 39,893 98,945 Doubtful — — — — — — — N/A — — — — — — — Total Multifamily $ 596,068 $ 2,100,902 $ 1,850,289 $ 1,419,773 $ 607,433 $ 2,034,888 $ 8,609,353 Remaining commercial Pass $ 1,665,857 $ 1,875,752 $ 1,010,809 $ 663,880 $ 677,244 $ 940,907 $ 6,834,449 Special mention 9,606 2,910 10,553 15,891 13,358 242,899 295,217 Substandard 471 1,021 5,954 11,511 8,856 33,661 61,474 Doubtful — — 120 29 214 71 434 N/A — — — — — — — Total Remaining commercial $ 1,675,934 $ 1,879,683 $ 1,027,436 $ 691,311 $ 699,672 $ 1,217,538 $ 7,191,574 Total Commercial loans Pass $ 7,077,471 $ 9,033,763 $ 7,536,527 $ 4,244,959 $ 2,704,226 $ 7,649,894 $ 38,246,840 Special mention 30,477 270,022 381,228 390,879 278,143 1,008,691 2,359,440 Substandard 36,884 52,691 198,022 136,577 158,903 580,958 1,164,035 Doubtful 691 — 121 3,988 618 2,113 7,531 N/A (2) 202,024 370,714 99,650 22,094 28,388 72,699 795,569 Total commercial loans $ 7,347,547 $ 9,727,190 $ 8,215,548 $ 4,798,497 $ 3,170,278 $ 9,314,355 $ 42,573,415 (1) Includes $1.8 billion of LHFS at June 30, 2020. (2) Consists of loans that have not been assigned a regulatory rating. (3) Loans originated during the six-months ended June 30, 2020. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) December 31, 2019 CRE C&I Multifamily Remaining Total (1) At Recorded Investment (in thousands) Regulatory Rating: Pass $ 7,513,567 $ 14,816,669 $ 8,356,377 $ 7,072,083 $ 37,758,696 Special Mention 508,133 743,462 260,764 260,051 1,772,410 Substandard 379,199 321,842 24,063 44,919 770,023 Doubtful 24,378 47,010 — 13,741 85,129 N/A (2) 42,746 722,005 — — 764,751 Total commercial loans $ 8,468,023 $ 16,650,988 $ 8,641,204 $ 7,390,794 $ 41,151,009 (1) Includes $116.3 million of LHFS at December 31, 2019. (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 determined at origination as follows: As of June 30, 2020 RICs and auto loans (dollars in thousands) Amortized Cost by Origination Year (3) Credit Score Range 2020 (2) 2019 2018 2017 2016 Prior Total Percent No FICO (1) $ 885,580 $ 1,458,569 $ 683,611 $ 683,924 $ 364,506 $ 282,890 $ 4,359,080 11.7 % <600 3,031,459 5,184,779 3,226,089 1,415,247 898,892 941,407 14,697,873 39.3 % 600-639 1,292,685 2,309,243 1,239,841 426,809 307,914 275,111 5,851,603 15.7 % >=640 3,824,732 5,974,506 1,752,702 346,591 284,108 274,203 12,456,842 33.3 % Total $ 9,034,456 $ 14,927,097 $ 6,902,243 $ 2,872,571 $ 1,855,420 $ 1,773,611 $ 37,365,398 100.0 % (1) Consists primarily of loans for which credit scores are not available or are not considered in the ALLL model. (2) Loans originated during the six-months ended June 30, 2020. (3) Excludes LHFS. December 31, 2019 RICs and auto loans Credit Score Range Recorded Investment (in thousands) Percent No FICO (1) $ 3,178,459 8.7 % <600 15,013,670 41.2 % 600-639 5,957,970 16.3 % >=640 12,306,648 33.8 % Total $ 36,456,747 100.0 % (1) Consists primarily of loans for which credit scores are not available or are not considered in the ALLL model. 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. FICO scores are refreshed quarterly, where possible. The indicators disclosed represent the credit scores for loans as of the date presented based on the most recent assessment performed. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Residential mortgage and home equity financing receivables by LTV and FICO range are summarized as follows: As of June 30, 2020 Residential Mortgages (1)(3) (dollars in thousands) Amortized Cost by Origination Year FICO Score 2020 (4) 2019 2018 2017 2016 Prior Grand Total N/A (2) LTV <= 70% $ — $ — $ 527 $ 508 $ — $ 23,846 $ 24,881 70.01-80% — — — — 456 21,153 21,609 80.01-90% — — — — — 1,888 1,888 90.01-100% — — — — — 1,285 1,285 100.01-110% — — — — — 205 205 LTV>110% — — — — — 423 423 LTV - N/A (2) 4,105 13,129 7,694 9,885 8,797 21,246 64,856 <600 LTV <= 70% $ 844 $ 2,469 $ 2,631 $ 17,153 $ 13,278 $ 131,518 $ 167,893 70.01-80% 824 5,175 5,104 5,562 5,112 12,978 34,755 80.01-90% — 5,273 12,828 5,073 252 2,080 25,506 90.01-100% — 8,130 — — 219 936 9,285 100.01-110% — — — — — 727 727 LTV>110% — — — — — 1,621 1,621 LTV - N/A(2) — — — — — 63 63 600-639 LTV <= 70% $ 2,686 $ 8,518 $ 10,572 $ 11,914 $ 14,745 $ 90,769 $ 139,204 70.01-80% 2,345 3,979 2,864 3,992 2,756 9,381 25,317 80.01-90% 459 6,397 8,444 3,680 — 1,277 20,257 90.01-100% 882 5,980 177 — — 719 7,758 100.01-110% — — — — — 785 785 LTV>110% — — — — — 1,228 1,228 LTV - N/A (2) — — — — — — — 640-679 LTV <= 70% $ 2,747 $ 18,935 $ 20,470 $ 31,462 $ 29,651 $ 131,277 $ 234,542 70.01-80% 4,467 22,995 11,654 7,759 3,952 7,114 57,941 80.01-90% 1,243 8,453 18,079 6,358 — 1,731 35,864 90.01-100% 2,512 14,658 194 — — 1,213 18,577 100.01-110% — — — — — 570 570 LTV>110% — — — — — 441 441 LTV - N/A (2) — — — — — 38 38 680-719 LTV <= 70% $ 19,353 $ 47,345 $ 40,864 $ 77,285 $ 61,120 $ 226,123 $ 472,090 70.01-80% 19,074 56,309 28,699 16,310 9,506 6,846 136,744 80.01-90% 2,520 19,942 28,010 6,190 137 3,349 60,148 90.01-100% 12,423 36,127 325 — — 1,487 50,362 100.01-110% — — — — — 566 566 LTV>110% — — — — — 492 492 LTV - N/A(2) 231 — — — — 80 311 720-759 LTV <= 70% $ 53,791 $ 97,325 $ 89,547 $ 173,393 $ 139,901 $ 344,344 $ 898,301 70.01-80% 41,227 100,520 60,188 21,464 12,614 8,215 244,228 80.01-90% 6,824 48,682 52,732 13,132 224 2,124 123,718 90.01-100% 21,757 52,828 — 13 — 538 75,136 100.01-110% — — — — — 592 592 LTV>110% — — — — — 820 820 LTV - N/A (2) 499 — — — — 237 736 >=760 LTV <= 70% $ 147,498 $ 377,193 $ 249,148 $ 624,069 $ 682,579 $ 1,324,440 $ 3,404,927 70.01-80% 89,572 356,464 148,998 79,307 28,609 16,725 719,675 80.01-90% 12,902 129,572 87,007 24,838 158 5,011 259,488 90.01-100% 22,395 65,665 — — 95 4,371 92,526 100.01-110% — — — — 77 276 353 LTV>110% — — — — 93 2,727 2,820 LTV - N/A (2) 156 1,102 — — — 320 1,578 Total - All FICO Bands LTV <= 70% $ 226,919 $ 551,785 $ 413,759 $ 935,784 $ 941,274 $ 2,272,317 $ 5,341,838 70.01-80% 157,509 545,442 257,507 134,394 63,005 82,412 1,240,269 80.01-90% 23,948 218,319 207,100 59,271 771 17,460 526,869 90.01-100% 59,969 183,388 696 13 314 10,549 254,929 100.01-110% — — — — 77 3,721 3,798 LTV>110% — — — — 93 7,752 7,845 LTV - N/A (2) 4,991 14,231 7,694 9,885 8,797 21,984 67,582 Grand Total $ 473,336 $ 1,513,165 $ 886,756 $ 1,139,347 $ 1,014,331 $ 2,416,195 $ 7,443,130 (1) Excludes LHFS. (2) Balances in the "N/A" range for LTV or FICO score primarily represent loans serviced by others, in run-off portfolios or for which a current LTV or FICO score is unavailable. (3) The ALLL model considers LTV for financing receivables in first lien position and CLTV for financing receivables in second lien position for the Company. (4) Loans originated during the six-months ended June 30, 2020. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) As of June 30, 2020 Home Equity Loans and Lines of Credit (2) (in thousands) Amortized Cost by Origination Year FICO Score 2020 (4) 2019 2018 2017 2016 Prior Total Revolving N/A (2) LTV <= 70% $ 3 $ 6 $ 128 $ 32 $ 1,779 $ 39,684 $ 41,632 $ 8,382 70.01-90% — 20 — 180 698 12,795 13,693 203 90.01-110% — — — — — 1,890 1,890 — LTV>110% — — — — — 110 110 — LTV - N/A (2) 5,641 14,130 17,593 16,764 12,846 81,025 147,999 — <600 LTV <= 70% $ 75 $ 1,286 $ 6,233 $ 12,651 $ 15,838 $ 136,418 $ 172,501 $ 160,821 70.01-90% 241 1,278 5,542 4,257 1,891 14,164 27,373 25,973 90.01-110% — — — — — 3,242 3,242 2,898 LTV>110% — — — — — 3,529 3,529 3,354 LTV - N/A (2) — — — 15 — 531 546 — 600-639 LTV <= 70% $ 456 $ 3,750 $ 9,002 $ 11,382 $ 11,945 $ 108,247 $ 144,782 $ 141,223 70.01-90% 282 3,405 4,205 4,563 930 13,831 27,216 26,716 90.01-110% — — — — — 2,735 2,735 2,572 LTV>110% — — — — — 1,322 1,322 1,268 LTV - N/A (2) — — — — — 41 41 — 640-679 LTV <= 70% $ 3,161 $ 14,182 $ 21,111 $ 24,409 $ 22,616 $ 162,386 $ 247,865 $ 244,981 70.01-90% 2,964 11,209 15,972 8,636 4,137 20,601 63,519 63,621 90.01-110% — 49 — — — 6,038 6,087 5,593 LTV>110% 49 — — — — 2,871 2,920 2,864 LTV - N/A (2) — 96 — — — 108 204 — 680-719 LTV <= 70% $ 16,884 $ 30,602 $ 45,671 $ 50,892 $ 52,600 $ 275,868 $ 472,517 $ 465,016 70.01-90% 7,604 25,255 28,220 23,606 5,556 31,641 121,882 122,310 90.01-110% 145 — — — — 11,398 11,543 11,211 LTV>110% — — 228 — — 4,956 5,184 4,863 LTV - N/A (2) 41 — — — — 81 122 — 720-759 LTV <= 70% $ 23,514 $ 51,429 $ 69,467 $ 75,952 $ 70,675 $ 376,303 $ 667,340 $ 658,903 70.01-90% 13,548 33,229 40,610 31,839 7,607 38,422 165,255 164,950 90.01-110% — 133 4 — — 12,751 12,888 11,664 LTV>110% — — — — — 10,310 10,310 9,922 LTV - N/A (2) 311 72 — 65 — 157 605 — >=760 LTV <= 70% $ 64,081 $ 145,116 $ 185,988 $ 183,811 $ 164,397 $ 988,605 $ 1,731,998 $ 1,706,323 70.01-90% 29,373 76,230 81,349 54,257 17,771 104,747 363,727 365,233 90.01-110% 289 85 — — — 25,698 26,072 25,224 LTV>110% 426 79 — — — 14,287 14,792 14,209 LTV - N/A (2) 333 264 132 70 — 440 1,239 — Total - All FICO Bands LTV <= 70% $ 108,174 $ 246,371 $ 337,600 $ 359,129 $ 339,850 $ 2,087,511 $ 3,478,635 $ 3,385,649 LTV 70.01 - 90% 54,012 150,626 175,898 127,338 38,590 236,201 782,665 769,006 LTV 90.01 - 110% 434 267 4 — — 63,752 64,457 59,162 LTV>110% 475 79 228 — — 37,385 38,167 36,480 LTV - N/A (2) 6,326 14,562 17,725 16,914 12,846 82,383 150,756 — Grand Total $ 169,421 $ 411,905 $ 531,455 $ 503,381 $ 391,286 $ 2,507,232 $ 4,514,680 $ 4,250,297 (1) - (4) Refer to corresponding notes above. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Residential Mortgages (1)(3) December 31, 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) $ 92,052 $ 4,654 $ 534 $ — $ — $ — $ — $ 97,240 <600 33 180,465 48,344 36,401 27,262 1,518 2,325 296,348 600-639 31 122,675 45,189 34,690 37,358 636 1,108 241,687 640-679 1,176 263,781 89,179 78,215 87,067 946 1,089 521,453 680-719 7,557 511,018 219,766 132,076 155,857 1,583 2,508 1,030,365 720-759 14,427 960,290 413,532 195,335 191,850 1,959 3,334 1,780,727 >=760 36

OPERATING LEASE ASSETS, NET

OPERATING LEASE ASSETS, NET	6 Months Ended
	Jun. 30, 2020
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. Lease extensions granted by the Company are not treated as modifications. Income continues to accrue during the extension period and remaining lease payments are recorded on a straight-line basis over the modified lease term. Operating lease assets, net consisted of the following as of June 30, 2020 and December 31, 2019: (in thousands) June 30, 2020 December 31, 2019 Leased vehicles $ 21,854,377 $ 21,722,726 Less: accumulated depreciation (4,647,703) (4,159,944) Depreciated net capitalized cost 17,206,674 17,562,782 Manufacturer subvention payments, net of accretion (1,034,636) (1,177,342) Origination fees and other costs 67,584 76,542 Leased vehicles, net 16,239,622 16,461,982 Commercial equipment vehicles and aircraft, gross 28,916 41,154 Less: accumulated depreciation (5,685) (7,397) Commercial equipment vehicles and aircraft, net 23,231 33,757 Total operating lease assets, net (1) $ 16,262,853 $ 16,495,739 The following summarizes the future minimum rental payments due to the Company as lessor under operating leases as of June 30, 2020 (in thousands): 2020 $ 1,439,765 2021 2,093,714 2022 974,427 2023 233,673 2024 4,072 Thereafter 7,817 Total $ 4,753,468

VIEs

VIEs	6 Months Ended
	Jun. 30, 2020
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. For further description of the Company’s securitization activities, involvement with VIEs and accounting policies regarding consolidation of VIEs, see Part II, Item 8 - Financial Statements and Supplementary Data Note 7 in the Company's 2019 Annual Report on Form 10-K. 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, 2020 December 31, 2019 Assets Restricted cash $ 1,612,388 $ 1,629,870 Loans HFS 640,237 — Loans HFI 22,489,596 26,532,328 Operating lease assets, net 16,239,622 16,461,982 Various other assets 703,234 625,359 Total Assets $ 41,685,077 $ 45,249,539 Liabilities Notes payable $ 32,278,091 $ 34,249,851 Various other liabilities 101,067 188,093 Total Liabilities $ 32,379,158 $ 34,437,944 (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. 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, 2020 and December 31, 2019, the Company was servicing $28.1 billion and $27.3 billion, respectively, of gross RICs that have been transferred to consolidated Trusts. The remainder of the Company’s RICs remains unpledged. NOTE 7. VIEs (continued) A summary of the cash flows received from the consolidated Trusts for the three-month and six-month periods ended June 30, 2020 and 2019 is as follows: Three-Month Period Six-Month Period Ended June 30, (in thousands) 2020 2019 2020 2019 Assets securitized $ 3,887,075 $ 4,913,261 $ 10,562,806 $ 9,841,723 Net proceeds from new securitizations (1) $ 2,932,117 $ 3,794,437 $ 6,808,647 $ 7,757,055 Net proceeds from sale of retained bonds 1,526 99,999 55,993 117,305 Cash received for servicing fees (2) 246,545 289,634 493,288 497,959 Net distributions from Trusts (2) 621,708 1,078,665 1,557,381 1,671,434 Total cash received from Trusts $ 3,801,896 $ 5,262,735 $ 8,915,309 $ 10,043,753 (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 and six-months ended June 30, 2020, SC sold $512.3 million, of gross RICs to third party investors in off-balance sheet securitizations for a loss of $26.9 million. The losses were recorded in investment losses, net, in the accompanying Condensed Consolidated Statements of Income. There were no sales during the three-month or six-month periods ended June 30, 2019. As of June 30, 2020 and December 31, 2019, the Company was servicing $2.3 billion and $2.4 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, 2020 December 31, 2019 Related party SPAIN securitizations $ 1,639,063 $ 2,149,008 Third party SCART serviced securitizations 484,413 — Third party Chrysler Capital securitizations 127,108 259,197 Total serviced for other portfolio $ 2,250,584 $ 2,408,205 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 cash flows received from Trusts for the three-month and six-month periods ended June 30, 2020 and 2019, respectively, were as follows: Three-Month Period Ended Six-Month Period Ended June 30, (in thousands) 2020 2019 2020 2019 Receivables securitized (1) $ 512,286 $ — $ 512,286 $ — Net proceeds from new securitizations 460,086 — 460,086 — Cash received for servicing fees 5,079 9,357 11,258 19,608 Total cash received from Trusts $ 465,165 $ 9,357 $ 471,344 $ 19,608

GOODWILL AND OTHER INTANGIBLES

GOODWILL AND OTHER INTANGIBLES	6 Months Ended
	Jun. 30, 2020
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 activity in the Company's goodwill by its reporting units for the six-month period ended June 30, 2020: (in thousands) CBB C&I CRE & VF CIB SC Total Goodwill at December 31, 2019 $ 1,880,304 $ 317,924 $ 1,095,071 $ 131,130 $ 1,019,960 $ 4,444,389 Impairment during the period (1,557,384) (290,844) — — — (1,848,228) Goodwill at June 30, 2020 $ 322,920 $ 27,080 $ 1,095,071 $ 131,130 $ 1,019,960 $ 2,596,161 There were no changes to the Company's reportable segments during the first half of 2020. NOTE 5. GOODWILL AND OTHER INTANGIBLES (continued) The Company made a change in its commercial banking reportable segments beginning January 1, 2019 and, accordingly, re-allocated goodwill previously attributed to commercial banking to the related C&I and CRE&VF reporting units based on the estimated fair value of each reporting unit at January 1, 2019. Upon re-allocation, management tested the new reporting units for impairment, using the same methodology and assumptions used in the October 1, 2018 goodwill impairment test, and noted that there was no impairment. Refer to Note 17 to these Consolidated Financial Statements for additional details on the Company's reportable segments. 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, 2019 using generally accepted valuation methods. The Company continually assesses whether or not there have been events requiring a review of goodwill. During the second quarter of 2020, primarily due to the ongoing economic impacts of the COVID-19 pandemic, the Company determined that a goodwill triggering event occurred for the CBB, C&I, and CRE & VF reporting units. These Q2 triggering events are in addition to the CBB triggering event during Q1 2020, whereby the estimated fair value of CBB exceeded its carrying value by less than 5%. Based on its goodwill impairment analysis performed as of June 30, 2020 the Company concluded that a goodwill impairment charge of $1.6 billion and $290.8 million was required for the CBB and C&I reporting units, respectively. The CRE & VF reporting unit’s estimated fair value exceeded its carrying value by less than 5%. The goodwill allocated to these reporting units has become more sensitive to an impairment as the valuation is highly correlated with forecasted interest rates, credit costs, and other factors. A risk of further impairment or impairment to additional reporting units exists in subsequent quarters if the reporting unit’s operating environment does not return to a more normalized status in the foreseeable future. In prior annual goodwill impairment assessments, the Company determined that an equal weighting of the market and income approach valuation methods provided a reliable fair value estimate. In light of the significant market volatility arising from the continued impacts of the COVID-19 pandemic and the responses to the pandemic from multiple government agencies, the Company determined to give only a 25% weighting to the market approach in estimating the second quarter fair value of CBB, C&I, and CRE & VF, which is consistent with the approach used during the first quarter interim impairment assessment of CBB. The Company continued to analyze implied market multiples to support the valuation under the market approach. There were no disposals, additions or impairments of goodwill for the three-month and six-month periods ended June 30, 2019. Other Intangible Assets The following table details amounts related to the Company's intangible assets subject to amortization for the dates indicated. June 30, 2020 December 31, 2019 (in thousands) Net Carrying Accumulated Net Carrying Accumulated Intangibles subject to amortization: Dealer networks $ 328,375 $ (251,625) $ 347,982 $ (232,018) Chrysler relationship 42,500 (96,250) 50,000 (88,750) Trade name 13,200 (4,800) 13,500 (4,500) Other intangibles 2,647 (54,526) 4,722 (52,450) Total intangibles subject to amortization $ 386,722 $ (407,201) $ 416,204 $ (377,718) At June 30, 2020 and December 31, 2019, the Company did not 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, 2020, respectively, and $14.7 million and $29.5 million for the corresponding periods in 2019, respectively. NOTE 5. GOODWILL AND OTHER INTANGIBLES (continued) 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) 2020 $ 58,661 $ 29,487 $ 29,174 2021 39,904 — 39,904 2022 39,901 — 39,901 2023 28,649 — 28,649 2024 24,792 — 24,792 Thereafter 224,302 — 224,302

OTHER ASSETS

OTHER ASSETS	6 Months Ended
	Jun. 30, 2020
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, 2020 and December 31, 2019: (in thousands) June 30, 2020 December 31, 2019 Operating lease ROU assets $ 603,876 $ 656,472 Deferred tax assets 766,392 503,681 Accrued interest receivable 711,900 545,148 Derivative assets at fair value 1,644,784 555,880 Other repossessed assets 133,577 217,184 Equity method investments 268,069 271,656 MSRs 90,231 132,683 OREO 53,258 66,828 Income tax receivables 196,596 272,699 Prepaid expense 344,547 352,331 Miscellaneous assets and receivables 714,442 629,654 Total other assets $ 5,527,672 $ 4,204,216 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, ATMs, vehicles and certain equipment leases. Real estate leases may include one or more options to renew, with renewal terms that can extend the lease term generally from one For the three-month and six-month periods ended June 30, 2020, operating lease expenses were $40.7 million and $75.8 million, respectively, compared to $36.6 million and $74.2 million for the corresponding periods in 2019. Sublease income was $1.2 million and $2.6 million, respectively, for three-month and six-month periods ended June 30, 2020 compared to $1.3 million and $1.9 million for the corresponding periods in 2019. These are reported within Occupancy and equipment expenses in the Company’s Condensed Consolidated Statements of Operations. NOTE 6. OTHER ASSETS (continued) Supplemental balance sheet information related to leases was as follows: Maturity of Lease Liabilities at June 30, 2020 Total Operating leases (in thousands) 2020 $ 75,387 2021 132,623 2022 121,436 2023 106,528 2024 92,135 Thereafter 209,249 Total lease liabilities $ 737,358 Less: Interest (71,216) Present value of lease liabilities $ 666,142 Supplemental Balance sheet information June 30, 2020 December 31, 2019 Operating lease ROU assets $ 603,876 $ 656,472 Other liabilities 666,142 711,666 Weighted-average remaining lease term (years) 6.7 7.1 Weighted-average discount rate 3.1 % 3.1 % Six Months period ended Other Information June 30, 2020 June 30, 2019 (in thousands) Operating cash flows from operating leases (1) $ (72,177) $ (61,597) Leased assets obtained in exchange for new operating lease liabilities $ (19,001) $ 717,765 (1) Activity is included within the net change in other liabilities on the Consolidated SCF. The Company made approximately $2.0 million and $1.9 million in payments during the six-month periods ended June 30, 2020 and 2019, respectively, to Santander for rental of certain office space. The related ROU assets and lease liabilities were approximately $10.8 million and $15.2 million at June 30, 2020 and 2019, respectively. The remainder of Other assets is comprised of: • Deferred tax asset, net - Refer to Note 14 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 11 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 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 12. • Income tax receivables - Refer to Note 14 of these Condensed Consolidated Financial Statements for more information on tax-related activities. • OREO and Other repossessed assets includes property and vehicles recovered through foreclosure and repossession. The balance is lower as of June 30, 2020 due to the Company’s temporary suspension of foreclosures and repossessions during the first months of the COVID-19 pandemic.

DEPOSITS AND OTHER CUSTOMER ACC

DEPOSITS AND OTHER CUSTOMER ACCOUNTS	6 Months Ended
	Jun. 30, 2020
Deposits [Abstract]
DEPOSITS AND OTHER CUSTOMER ACCOUNTS	DEPOSITS AND OTHER CUSTOMER ACCOUNTS Deposits and other customer accounts are summarized as follows: June 30, 2020 December 31, 2019 (dollars in thousands) Balance Percent of total deposits Balance Percent of total deposits Interest-bearing demand deposits $ 11,804,834 16.0 % $ 10,301,133 15.3 % Non-interest-bearing demand deposits 19,228,541 26.0 % 14,922,974 22.2 % Savings 6,495,617 8.8 % 5,632,164 8.4 % Customer repurchase accounts 354,404 0.5 % 407,477 0.6 % Money market 30,551,312 41.2 % 26,687,677 39.6 % CDs 5,528,540 7.5 % 9,375,281 13.9 % Total deposits (1)(2) $ 73,963,248 100.0 % $ 67,326,706 100.0 % (1) Includes deposits held for sale of $4.7 billion and zero at June 30, 2020 and December 31, 2019, respectively. (2) Includes foreign deposits, as defined by the FRB, of $9.7 billion and $8.9 billion at June 30, 2020 and December 31, 2019, respectively. Deposits collateralized by investment securities, loans, and other financial instruments totaled $3.8 billion and $3.5 billion at June 30, 2020 and December 31, 2019, respectively. Demand deposit overdrafts that have been reclassified as loan balances were $133.5 million and $79.2 million at June 30, 2020 and December 31, 2019, respectively.

BORROWINGS

BORROWINGS	6 Months Ended
	Jun. 30, 2020
Debt Disclosure [Abstract]
BORROWINGS	BORROWINGS Total borrowings and other debt obligations at June 30, 2020 were $49.9 billion, compared to $50.7 billion at December 31, 2019. 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. Bank The Bank had no new securities issuances in the open market during the six-month periods ended June 30, 2020 and 2019. During the six-month period ended June 30, 2020, the Bank repurchased the following borrowings and other debt obligations: • $126.4 million of its REIT preferred debt. • $1.0 billion prepayment of FHLB advances. During the six-month period ended June 30, 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 REIT preferred debt. SHUSA During the six-month period ended June 30, 2020, the Company issued $2.1 billion of debt, consisting of: • $500.0 million 5.83% senior fixed-rate note due March 2023 to Santander, an affiliate. • $447.1 million of its senior floating-rate note due April 2023. • $1.0 billion 3.45% senior fixed-rate note due June 2025. • $125.0 million 2.0% short-term borrowing due February 2021 to an affiliate. During the six-month period ended June 30, 2020, the Company repurchased the following borrowings and other debt obligations: • $1.0 billion of its 2.65% senior notes due April 2020. NOTE 9. BORROWINGS (continued) During the six-month period ended June 30, 2019, the Company issued $1.0 billion of 3.50% senior notes due June 2024 and the Company also redeemed $178.7 million of its 2.70% senior notes due May 2019. 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, 2020 December 31, 2019 (dollars in thousands) Balance Effective Balance Effective Parent Company 2.65% senior notes due April 2020 $ — — % $ 999,502 2.82 % 4.45% senior notes due December 2021 604,629 4.61 % 604,172 4.61 % 3.70% senior notes due March 2022 849,155 3.74 % 849,465 3.74 % 3.40% senior notes due January 2023 996,665 3.54 % 996,043 3.54 % 3.50% senior notes due June 2024 996,238 3.60 % 995,797 3.60 % 4.50% senior notes due July 2025 1,096,787 4.56 % 1,096,508 4.56 % 4.40% senior notes due July 2027 1,049,820 4.40 % 1,049,813 4.40 % 2.88% senior notes due January 2024 (4) 750,000 2.88 % 750,000 2.88 % 5.83% senior notes due March 2023 (4) 500,000 5.83 % — — % 3.24% senior notes due November 2026 910,515 3.97 % 907,844 3.97 % 3.45% senior notes, due June 2025 994,329 3.58 % — — % Senior notes due September 2020 (2) 106,173 3.51 % 112,358 3.36 % Senior notes due June 2022 (1) 427,907 2.43 % 427,889 3.47 % Senior notes due January 2023 (3) 720,882 2.69 % 720,861 3.29 % Senior notes due July 2023 (3) 438,991 2.66 % 438,962 2.48 % Senior notes due April 2023 (3) 447,006 3.52 % — — % Short-term borrowing due within one year, with an affiliate 125,000 2.00 % — — % Subsidiaries 2.00% subordinated debt maturing through 2020 284 2.00 % 602 2.00 % Short-term borrowing due within one year, maturing July 2020 8,000 0.05 % 1,831 0.38 % Total Parent Company and subsidiaries' borrowings and other debt obligations $ 11,022,381 3.75 % $ 9,951,647 3.68 % (1) These notes bear interest at a rate equal to the three-month LIBOR plus 100 basis points per annum. (2) This note will bear interest at a rate equal to the three-month GBP LIBOR plus 105 basis points per annum. (3) This note will bear interest at a rate equal to the three-month LIBOR plus 110 basis points per annum. (4) These notes are with SHUSA's parent company, Santander. 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, 2020 December 31, 2019 (dollars in thousands) Balance Effective Balance Effective FHLB advances, maturing through May 2022 $ 5,400,000 1.14 % $ 7,035,000 2.15 % REIT preferred, callable May 2020 — — % 125,943 13.17 % Total Bank borrowings and other debt obligations $ 5,400,000 1.14 % $ 7,160,943 2.34 % The Bank had outstanding irrevocable letters of credit totaling $340.8 million from the FHLB of Pittsburgh at June 30, 2020 used to secure uninsured deposits placed with the Bank by state and local governments and their political subdivisions. NOTE 9. BORROWINGS (continued) Revolving Credit Facilities The following tables present information regarding SC's credit facilities as of June 30, 2020 and December 31, 2019, respectively: June 30, 2020 (dollars in thousands) Balance Committed Amount Effective Assets Pledged Restricted Cash Pledged Warehouse line due March 2021 $ 46,445 $ 1,250,000 2.03 % $ 743,224 $ 1 Warehouse line due November 2021 428,120 500,000 1.94 % 406,684 — Warehouse line due July 2021 322,790 500,000 2.58 % 328,473 — Warehouse line due October 2021 509,577 2,100,000 2.43 % 1,234,913 17 Warehouse line due June 2021 325,683 500,000 2.23 % 442,349 — Warehouse line due January 2022 649,400 1,000,000 2.03 % 875,599 — Warehouse line due June 2021 377,600 600,000 2.27 % 199,388 1,684 Warehouse line due October 2021 (3) 152,000 1,500,000 4.28 % 136,639 — Warehouse line due October 2021 (1) 832,943 3,500,000 3.75 % 415,514 — Repurchase facility due October 2020 (2) 253,128 253,128 3.80 % 377,550 — Repurchase facility due September 2020 (2) 44,800 44,800 2.24 % 69,945 — Total facilities with third parties $ 3,942,486 $ 11,747,928 2.72 % $ 5,230,278 $ 1,702 Promissory note with Santander due June 2022 $ 2,000,000 $ 2,000,000 1.40 % $ — $ — Total facilities with related parties $ 2,000,000 $ 2,000,000 1.40 % $ — $ — Total SC revolving credit facilities $ 5,942,486 $ 13,747,928 2.28 % $ 5,230,278 $ 1,702 (1) This line is held exclusively for financing of Chrysler Capital leases. In April 2020, the commitment amount was reduced by $500 million. (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. (3) During the three months ended March 31, 2020 the Chrysler Finance Loan credit facility was reactivated with a $1 billion commitment. In April 2020, the commitment amount increased by $500 million. December 31, 2019 (dollars in thousands) Balance Committed Amount Effective Assets Pledged Restricted Cash Pledged Warehouse line due March 2021 $ 516,045 $ 1,250,000 3.10 % $ 734,640 $ 1 Warehouse line due November 2020 471,320 500,000 2.69 % 505,502 186 Warehouse line due July 2021 500,000 500,000 3.64 % 761,690 302 Warehouse line due October 2021 896,077 2,100,000 3.44 % 1,748,325 7 Warehouse line due June 2021 471,284 500,000 3.32 % 675,426 — Warehouse line due November 2020 970,600 1,000,000 2.57 % 1,353,305 — Warehouse line due June 2021 53,900 600,000 7.02 % 62,601 94 Warehouse line due October 2021 (1) 1,098,443 5,000,000 4.43 % 1,898,365 1,756 Repurchase facility due January 2020 (2) 273,655 273,655 3.80 % 377,550 — Repurchase facility due March 2020 (2) 100,756 100,756 3.04 % 151,710 — Repurchase facility due March 2020 (2) 47,851 47,851 3.15 % 69,945 — Total SC revolving credit facilities $ 5,399,931 $ 11,872,262 3.44 % $ 8,339,059 $ 2,346 The warehouse lines and repurchase facilities are fully collateralized by a designated portion of SC's RICs, leased vehicles, securitization notes payable and residuals retained by SC. NOTE 9. BORROWINGS (continued) Secured Structured Financings The following tables present information regarding SC's secured structured financings as of June 30, 2020 and December 31, 2019, respectively: June 30, 2020 (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 2022 and May 2028 (1)(4) $ 17,858,305 $ 44,115,005 1.29% - 3.42% $ 22,498,984 $ 1,571,364 SC privately issued amortizing notes maturing on various dates between June 2022 and November 2026 (3) 9,634,154 10,597,563 1.28% - 3.90% 12,483,110 39,323 Total SC secured structured financings $ 27,492,459 $ 54,712,568 1.28% - 3.90% $ 34,982,094 $ 1,610,687 (1) Securitizations executed under Rule 144A of 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. (4) As of June 30, 2020, $4.5 million in secured structured financing is held by Santander. December 31, 2019 (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 February 2027 $ 18,807,773 $ 43,982,220 1.35% - 3.42% $ 24,697,158 $ 1,606,646 SC privately issued amortizing notes maturing on various dates between July 2019 and November 2026 9,334,112 10,397,563 1.05% - 3.90% 12,048,217 20,878 Total SC secured structured financings $ 28,141,885 $ 54,379,783 1.05% - 3.90% $ 36,745,375 $ 1,627,524

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME / (LOSS)	6 Months Ended
	Jun. 30, 2020
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, 2020, and 2019, respectively. Total Other Total Accumulated Three-Month Period Ended June 30, 2020 March 31, 2020 June 30, 2020 (in thousands) Pretax Tax Net Activity Beginning Net Ending Change in accumulated OCI on cash flow hedge derivative financial instruments $ 4,230 $ 3,014 $ 7,244 Reclassification adjustment for net losses on cash flow hedge derivative financial instruments (1) 137 (33) 104 Net unrealized gains on cash flow hedge derivative financial instruments 4,367 2,981 7,348 $ 128,191 $ 7,348 $ 135,539 Change in unrealized gains on investments in debt securities AFS 4,716 (688) 4,028 Reclassification adjustment for (gains) included in net income/(expense) on debt securities AFS (2) (22,516) 3,285 (19,231) Net unrealized gains on investments in debt securities AFS (17,800) 2,597 (15,203) 183,443 (15,203) 168,240 Pension and post-retirement actuarial gain (3) 753 (193) 560 (44,653) 560 (44,093) As of June 30, 2020 $ (12,680) $ 5,385 $ (7,295) $ 266,981 $ (7,295) $ 259,686 Total OCI/(Loss) Total Accumulated Six-Month Period Ended June 30, 2020 December 31, 2019 June 30, 2020 (in thousands) Pretax Tax Net Activity Beginning Net Ending Change in accumulated OCI on cash flow hedge derivative financial instruments $ 214,924 $ (59,482) $ 155,442 Reclassification adjustment for net losses on cash flow hedge derivative financial instruments (1) 273 (62) 211 Net unrealized gains on cash flow hedge derivative financial instruments 215,197 (59,544) 155,653 $ (20,114) $ 155,653 $ 135,539 Change in unrealized gains on investments in debt securities 282,702 (67,363) 215,339 Reclassification adjustment for net (gains) included in net income/(expense) on debt securities AFS (2) (31,795) 7,576 (24,219) Net unrealized gains on investments in debt securities 250,907 (59,787) 191,120 (22,880) 191,120 168,240 Pension and post-retirement actuarial gain (3) 1,506 (386) 1,120 (45,213) 1,120 (44,093) As of June 30, 2020 $ 467,610 $ (119,717) $ 347,893 $ (88,207) $ 347,893 $ 259,686 (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 debt securities AFS. (3) Included in the computation of net periodic pension costs. NOTE 10. ACCUMULATED OTHER COMPREHENSIVE INCOME / (LOSS) (continued) 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 other comprehensive income 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 investment securities AFS 152,353 (37,266) 115,087 Reclassification adjustment for net (gains) included in net income/(expense) on non-OTTI securities (2) (2,379) 582 (1,797) Net unrealized (losses) on investment securities AFS 149,974 (36,684) 113,290 (154,263) 113,290 (40,973) Pension and post-retirement actuarial gain (4) 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 OCI/(Loss) 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 investment securities 273,730 (68,652) 205,078 Reclassification adjustment for net losses included in net income/(expense) on debt securities AFS (2) (379) 95 (284) Net unrealized gains on investment 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) - (3) Refer to the corresponding explanations in the table above.

DERIVATIVES

DERIVATIVES	6 Months Ended
	Jun. 30, 2020
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 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 12 to these Condensed Consolidated Financial Statements 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 ISDA Master Agreements if the Company's ratings fall below a specified level, typically investment grade. As of June 30, 2020, derivatives in this category had a fair value of $0.2 million. The credit ratings of the Company and the Bank are currently considered investment grade. During the second quarter of 2020, no additional collateral would be required if there were a further 1- or 2- notch downgrade by either S&P or Moody's. NOTE 11. DERIVATIVES (continued) As of June 30, 2020 and December 31, 2019, 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 $11.3 million and $7.8 million, respectively. The Company had $36.0 million and $8.6 million in cash and securities collateral posted to cover those positions as of June 30, 2020 and December 31, 2019, 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 Condensed Consolidated Statements of Operations line item as the earnings effect of the hedged item. The last of the hedges is scheduled to expire in March 2024. The Company includes all components of each derivative's gain or loss in the assessment of hedge effectiveness. As of June 30, 2020, the Company expected $32.3 million of gains recorded in accumulated other comprehensive loss to be reclassified to earnings during the subsequent twelve months as the future cash flows occur. Derivatives Designated in Hedge Relationships – Notional and Fair Values Derivatives designated as accounting hedges at June 30, 2020 and December 31, 2019 included: (dollars in thousands) Notional Asset Liability Weighted Average Receive Rate Weighted Average Pay Weighted Average Life June 30, 2020 Cash flow hedges: Pay fixed — receive variable interest rate swaps $ 2,750,000 $ — $ 88,512 0.23 % 1.49 % 2.19 Pay variable - receive fixed interest rate swaps 7,070,000 194,232 — 1.41 % 0.18 % 2.19 Interest rate floor 3,950,000 56,194 — 1.75 % — % 0.84 Total $ 13,770,000 $ 250,426 $ 88,512 1.27 % 0.39 % 1.80 December 31, 2019 Cash flow hedges: Pay fixed — receive variable interest rate swaps $ 2,650,000 $ 2,807 $ 39,128 1.85 % 1.91 % 1.86 Pay variable - receive fixed interest rate swaps 7,570,000 7,462 29,209 1.43 % 1.73 % 2.39 Interest rate floor 3,800,000 18,762 — 0.19 % — % 1.28 Total $ 14,020,000 $ 29,031 $ 68,337 1.17 % 1.29 % 1.99 NOTE 11. DERIVATIVES (continued) 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. 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. NOTE 11. DERIVATIVES (continued) Derivatives Not Designated in Hedge Relationships – Notional and Fair Values Other derivative activities at June 30, 2020 and December 31, 2019 included: Notional Asset derivatives Liability derivatives (in thousands) June 30, 2020 December 31, 2019 June 30, 2020 December 31, 2019 June 30, 2020 December 31, 2019 Mortgage banking derivatives: Forward commitments to sell loans $ 549,805 $ 452,994 $ 51 $ 18 $ 3,483 $ 360 Interest rate lock commitments 322,558 167,423 16,435 3,042 — — Mortgage servicing 620,000 510,000 47,369 15,134 18,733 2,547 Total mortgage banking risk management 1,492,363 1,130,417 63,855 18,194 22,216 2,907 Customer-related derivatives: Swaps receive fixed 16,635,322 11,225,376 1,251,458 375,541 397 12,330 Swaps pay fixed 17,081,403 11,975,313 2,299 23,271 1,223,746 336,361 Other 3,637,631 3,532,959 7,507 3,457 14,760 4,848 Total customer-related derivatives 37,354,356 26,733,648 1,261,264 402,269 1,238,903 353,539 Other derivative activities: Foreign exchange contracts 3,700,790 3,724,007 42,671 33,749 35,118 34,428 Interest rate swap agreements 258,747 1,290,560 — — 17,797 11,626 Interest rate cap agreements 10,894,523 9,379,720 6,461 62,552 — — Options for interest rate cap agreements 10,894,523 9,379,720 — — 6,461 62,552 Other 691,071 1,087,986 20,709 10,536 25,876 13,025 Total $ 65,286,373 $ 52,726,058 $ 1,394,960 $ 527,300 $ 1,346,371 $ 478,077 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, 2020 and 2019: (in thousands) Three-Month Period Six-Month Period Ended June 30, Line Item 2020 2019 2020 2019 Derivative Activity (1) Cash flow hedges: Pay fixed-receive variable interest rate swaps Interest expense on borrowings $ (7,497) $ 13,842 $ (8,321) $ 26,782 Pay variable receive-fixed interest rate swap Interest income on loans 26,079 (11,250) 22,924 (22,698) Other derivative activities: Forward commitments to sell loans Miscellaneous income, net 7,741 (819) (3,090) 834 Interest rate lock commitments Miscellaneous income, net 1,395 1,495 13,392 1,794 Mortgage servicing Miscellaneous income, net 2,727 12,947 32,113 21,301 Customer-related derivatives Miscellaneous income, net 23,739 (2,291) 8,120 (16,350) Foreign exchange Miscellaneous income, net 1,783 6,044 12,805 29,977 Interest rate swaps, caps, and options Miscellaneous income, net (1,028) 5,421 (10,686) 7,866 Other Miscellaneous income, net (4,149) 843 (3,919) (368) (1) Gains are disclosed as positive numbers while losses are shown as a negative number regardless of the line item being affected. NOTE 11. DERIVATIVES (continued) The net amount of change recognized in OCI for cash flow hedge derivatives were gains of $7.2 million and $155.4 million, net of tax, for the three-month and six-month periods ended June 30, 2020, respectively, and 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. The net amount of changes reclassified from OCI into earnings for cash flow hedge derivatives were losses of $0.1 million and $0.2 million, net of tax, for the three-month and six-month periods ended June 30, 2020, respectively, and 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. 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 applicable 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 Sheets. 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, 2020 and December 31, 2019, respectively, is presented in the following tables: Offsetting of Financial Assets Gross Amounts Not Offset in the Consolidated Balance Sheets (in thousands) Gross Amounts of Recognized Assets Gross Amounts Offset in the Consolidated Balance Sheets Net Amounts of Assets Presented in the Consolidated Balance Sheets Collateral Received (3) Net Amount June 30, 2020 Cash flow hedges $ 250,427 $ — $ 250,427 $ 144,680 $ 105,747 Other derivative activities (1) 1,378,524 602 1,377,922 11,880 1,366,042 Total derivatives subject to a master netting arrangement or similar arrangement 1,628,951 602 1,628,349 156,560 1,471,789 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 16,435 — 16,435 — 16,435 Total Derivative Assets $ 1,645,386 $ 602 $ 1,644,784 $ 156,560 $ 1,488,224 December 31, 2019 Cash flow hedges $ 29,031 $ — $ 29,031 $ 17,790 $ 11,241 Other derivative activities (1) 524,258 435 523,823 51,437 472,386 Total derivatives subject to a master netting arrangement or similar arrangement 553,289 435 552,854 69,227 483,627 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 3,042 — 3,042 — 3,042 Total Derivative Assets $ 556,331 $ 435 $ 555,896 $ 69,227 $ 486,669 (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 re-hypothecate these instruments. NOTE 11. DERIVATIVES (continued) Offsetting of Financial Liabilities Gross Amounts Not Offset in the Consolidated Balance Sheets (in thousands) Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Consolidated Balance Sheets Net Amounts of Liabilities Presented in the Consolidated Balance Sheets Collateral Pledged (3) Net Amount June 30, 2020 Cash flow hedges $ 88,512 $ — $ 88,512 $ 88,512 $ — Other derivative activities (1) 1,342,888 10,625 1,332,263 708,705 623,558 Total derivatives subject to a master netting arrangement or similar arrangement 1,431,400 10,625 1,420,775 797,217 623,558 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 3,483 — 3,483 2,800 683 Total Derivative Liabilities $ 1,434,883 $ 10,625 $ 1,424,258 $ 800,017 $ 624,241 December 31, 2019 Cash flow hedges $ 68,337 $ — $ 68,337 $ 68,337 $ — Other derivative activities (1) 477,717 9,406 468,311 436,301 32,010 Total derivatives subject to a master netting arrangement or similar arrangement 546,054 9,406 536,648 504,638 32,010 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 360 — 360 273 87 Total Derivative Liabilities $ 546,414 $ 9,406 $ 537,008 $ 504,911 $ 32,097 (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, 2020
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES An income tax benefit of $186.2 million and a provision of $155.3 million were recorded for the three-month periods ended June 30, 2020 and 2019, respectively. An income tax benefit of $219.5 million and a provision of $271.5 million were recorded for the six-month periods ended June 30, 2020 and 2019, respectively. This resulted in an ETR of 8.9% and 27.7% for the three-month periods ended June 30, 2020 and 2019, respectively, and 9.8% and 29.6% for the six-month periods ended June 30, 2020 and 2019, respectively. The lower ETR for the three-month and six-month periods ended June 30, 2020, compared to the three-month and six-month periods ended June 30, 2019, is primarily the result of an expected pre-tax loss for 2020, compared to pre-tax income in 2019 as well as the impairment of goodwill that is non-deductible for tax purposes in the second quarter of 2020. 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 14. INCOME TAXES (continued) On September 5, 2019, the Federal District Court in Massachusetts entered a stipulated judgment resolving the Company’s litigation relating to the proper tax consequences of two financing transactions with an international bank through which the Company borrowed $1.2 billion that was previously disclosed within its Form 10-K for 2018. That stipulated judgment resolved the Company’s tax liability for the 2003 through 2005 tax years with no material effect on net income. The Company has agreed with the IRS to resolve the treatment of the same financing transactions for the 2006 and 2007 tax years on terms consistent with the September 5, 2019, stipulated judgment. The Congressional Joint Com mittee on Taxation has completed its review of the proposed resolution of the 2006 and 2007 tax years with no objection. The Company and the IRS are now finalizing that resolution, which will have no impact 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 AOCI 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 $101.0 million at June 30, 2020 (consisting of a deferred tax asset balance of $766.4 million and a deferred tax liability balance of $867.4 million), compared to a net deferred tax liability balance of $1.0 billion at December 31, 2019 (consisting of a deferred tax asset balance of $503.7 million and a deferred tax liability balance of $1.5 billion). The $916.4 million decrease in net deferred liability for the six-month period ended June 30, 2020 was primarily due to the adoption of the CECL Standard during the first quarter of 2020. The net deferred tax liability includes the Company’s $306.6 million deferred tax liability for the book over tax basis in its inve stment in SC. The deferred tax liability would be realized upon the Company’s disposition of its interest in SC or through dividends received from SC. Upon the Company reaching 80% or more ownership of SC, SC will be consolidated with the Company for tax filing purposes, facilitating certain off-sets of SC’s taxable income, and the capital planning benefit of netting SC’s net deferred tax liability against the Company’s net deferred tax asset. In addition, all of the $306.6 million deferred tax liability would be released as a reduction to income tax expense. As of June 30, 2020, the Company's ownership continued to be less than 80% and therefore SC was not consolidated for federal tax filing purposes. On August 10, 2020, SC repurchased shares under the exception to the interim policy related to the Dodd-Frank Act Stress Test and Comprehensive Capital Analysis and Review approved by the Federal Reserve (the "Exception"). As a result of these repurchases, SHUSA now owns approximately 80.25% of SC.

FAIR VALUE

FAIR VALUE	6 Months Ended
	Jun. 30, 2020
Fair Value Disclosures [Abstract]
FAIR VALUE	FAIR VALUE 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. 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 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. NOTE 12. FAIR VALUE (continued) 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 Company'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. 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, 2020 and December 31, 2019. (in thousands) Level 1 Level 2 Level 3 Balance at Level 1 Level 2 Level 3 Balance at Financial assets: U.S. Treasury securities $ — $ 1,521,795 $ — $ 1,521,795 $ — $ 4,090,938 $ — $ 4,090,938 Corporate debt — 98,486 — 98,486 — 139,713 — 139,713 ABS — 62,601 50,664 113,265 — 75,165 63,235 138,400 State and municipal securities — 5 — 5 — 9 — 9 MBS — 10,314,372 — 10,314,372 — 9,970,698 — 9,970,698 Investment in debt securities AFS (3) — 11,997,259 50,664 12,047,923 — 14,276,523 63,235 14,339,758 Other investments - trading securities — 19,766 — 19,766 379 718 — 1,097 RICs HFI (4) — — 72,862 72,862 — 17,634 84,334 101,968 LHFS (1)(5) — 241,250 — 241,250 — 289,009 — 289,009 MSRs (2) — — 88,674 88,674 — — 130,855 130,855 Other assets - derivatives (3) — 1,628,619 16,767 1,645,386 — 553,222 3,109 556,331 Total financial assets (6) $ — $ 13,886,894 $ 228,967 $ 14,115,861 $ 379 $ 15,137,106 $ 281,533 $ 15,419,018 Financial liabilities: Other liabilities - derivatives (3) — 1,428,086 6,797 1,434,883 — 543,560 2,854 546,414 Total financial liabilities $ — $ 1,428,086 $ 6,797 $ 1,434,883 $ — $ 543,560 $ 2,854 $ 546,414 (1) LHFS disclosed on the Condensed Consolidated Balance Sheets 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 $90.2 million and $132.7 million as of June 30, 2020 and December 31, 2019, 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 2 for the fair value of investment securities and to Note 11 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 $229.0 million of these financial assets were measured using model-based techniques, or Level 3 inputs, and represented approximately 1.6% of total assets measured at fair value on a recurring basis and approximately 0.2% of total consolidated assets. NOTE 12. FAIR VALUE (continued) 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: Investments in debt securities AFS Investments in debt securities 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. 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 which 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 and are classified as Level 3. Realized gains and losses on investments in debt securities are recognized in the Consolidated Statements of Operations through Net gain on sale of investment securities. RICs HFI For certain RICs reported in LHFI, net, the Company has elected the FVO. At December 31, 2019, the Company has used the most recent purchase price as the fair value for certain loans and hence classified those RICs as Level 2. The estimated fair value of the all RICs HFI at June 30, 2020 is estimated using a DCF model and 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 12. 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 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 $5.3 million and $10.2 million, respectively, at June 30, 2020. • A 10% and 20% increase in the discount rate would decrease the fair value of the residential servicing asset by $2.5 million and $4.9 million, respectively, at June 30, 2020. 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 12. FAIR VALUE (continued) Gains and losses related to derivatives affect various line items in the Condensed Consolidated Statements of Operations. See Note 11 to these Consolidated Financial Statements for a discussion of derivatives activity. 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, 2020 and 2019, respectively, for those assets and liabilities measured at fair value on a recurring basis. Three-Month Period Ended June 30, 2020 Three-Month Period Ended June 30, 2019 (in thousands) Investments RICs HFI MSRs Derivatives, net Total Investments RICs HFI MSRs Derivatives, net Total Balances, beginning of period $ 62,827 $ 87,384 $ 97,697 $ 4,897 $ 252,805 $ 326,108 $ 114,809 $ 140,134 $ 1,252 $ 582,303 Losses in OCI (88) — — — (88) (830) — — — (830) Gains/(losses) in earnings — 4,059 (3,341) 4,990 5,708 — 3,405 (14,691) 599 (10,687) Additions/Issuances — — 2,521 — 2,521 — 2,079 8,206 — 10,285 Settlements (1) (12,075) (18,581) (8,203) 83 (38,776) (299) (16,100) (3,736) 88 (20,047) Balances, end of period $ 50,664 $ 72,862 $ 88,674 $ 9,970 $ 222,170 $ 324,979 $ 104,193 $ 129,913 $ 1,939 $ 561,024 Changes in unrealized gains (losses) included in earnings related to balances still held at end of period $ — $ 4,059 $ (3,341) $ 3,596 $ 4,314 $ — $ 3,405 $ (14,691) $ (896) $ (12,182) Six-Month Period Ended June 30, 2020 Six-Month Period Ended June 30, 2019 (in thousands) Investments RICs HFI MSRs Derivatives, net Total Investments RICs HFI MSRs Derivatives, net Total Balances, beginning of period $ 63,235 $ 84,334 $ 130,855 $ 255 $ 278,679 $ 327,199 $ 126,312 $ 149,660 $ 1,866 $ 605,037 Losses in OCI (2) (319) — — — (319) (1,502) — — — (1,502) Gains/(losses) in earnings — 6,950 (35,623) 9,550 (19,123) — 6,952 (23,937) (101) (17,086) Additions/Issuances — 2,512 6,423 — 8,935 — 2,079 11,103 — 13,182 Transfer from level 2 (3) — 17,634 — — 17,634 — — — — — Settlements (1) (12,252) (38,568) (12,981) 165 (63,636) (718) (31,150) (6,913) 174 (38,607) Balances, end of period $ 50,664 $ 72,862 $ 88,674 $ 9,970 $ 222,170 $ 324,979 $ 104,193 $ 129,913 $ 1,939 $ 561,024 Changes in unrealized gains (losses) included in earnings related to balances still held at end of period $ — $ 6,950 $ (35,623) $ (3,843) $ (32,516) $ — $ 6,952 $ (23,937) $ (1,895) $ (18,880) (1) Settlements include charge-offs, prepayments, paydowns and maturities. (2) Losses in OCI during the three-month period ended June 30, 2020 increased by $0.1 million from the prior reporting date of March 31, 2020. (3) The Company transferred RIC's from Level 2 to Level 3 during 2020 because the fair value for these assets cannot be determined by using readily observable inputs as of June 30, 2020. There were no other transfers into or out of Level 3 during the three-month and six-month periods ended June 30, 2020 and 2019. 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 $ — $ 52,195 $ 133,066 $ 185,261 $ — $ 133,640 $ 356,220 $ 489,860 Foreclosed assets — 8,693 40,665 49,358 — 17,168 51,080 68,248 Vehicle inventory — 294,156 — 294,156 — 346,265 — 346,265 LHFS (1)(2) — 103 5,198,011 5,198,114 — — 1,131,214 1,131,214 Auto loans impaired due to bankruptcy — 187,837 — 187,837 — 200,504 503 201,007 Goodwill — — 350,000 350,000 — — — — MSRs — — 7,318 7,318 — — 8,197 8,197 NOTE 12. FAIR VALUE (continued) (1) These amounts include $808.4 million and $1.0 billion of personal LHFS that were impaired as of June 30, 2020 and December 31, 2019, respectively. (2) Balance at June 30, 2020 includes $2.6 billion of LHFS that were valued at lower-of-cost-or fair value. Valuation Processes and Techniques - Nonrecurring Fair Value Assets and Liabilities 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 $175.8 million and $448.8 million at June 30, 2020 and December 31, 2019, 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 RIC 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. The estimated fair value of goodwill is valued using unobservable inputs and is classified as Level 3. Fair value is calculated using widely-accepted valuation techniques, such as the guideline public company market approach (earnings and price-to-tangible book value multiples of comparable public companies) and the income approach (the DCF method). The Company uses a combination of these accepted methodologies to determine the fair valuation of reporting units. Several factors are taken into account, including actual operating results, future business plans, economic projections, and market data. On a quarterly basis, the Company assesses whether or not impairment indicators are present. For information on the Company's goodwill impairment test and the results of the most recent goodwill impairment test, see Note 5 for a description of the Company's goodwill valuation methodology. NOTE 12. FAIR VALUE (continued) 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 Six-Month Period Ended June 30, (in thousands) Statement of Operations Location 2020 2019 2020 2019 Impaired LHFI Credit loss expense $ 2,461 $ 479 $ 6,153 $ (6,113) Foreclosed assets Miscellaneous income, net (1) (1,171) (1,532) (3,121) (3,784) LHFS Miscellaneous income, net (1) (268,364) (104,365) (331,302) (172,038) Auto loans impaired due to bankruptcy Credit loss expense 4,953 (7,254) — (11,664) Goodwill impairment Impairment of goodwill (2) 1,848,228 — 1,848,228 — MSRs Miscellaneous income, net (1) (5) (182) (138) (355) (1) Gains are disclosed as positive numbers while losses are shown as a negative number regardless of the line item being affected. (2) In the period ended June 30, 2020, Goodwill totaling $2.2 billion was written down to its implied fair value of $350.0 million, resulting in a goodwill impairment charge of $1.8 billion. 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, 2020 and December 31, 2019, respectively: (dollars in thousands) Fair Value at June 30, 2020 Valuation Technique Unobservable Inputs Range Financial Assets: ABS Financing bonds $ 50,664 DCF Discount rate (1) 0.37% - 0.37% (0.37% ) RICs HFI 72,862 DCF CPR (2) 6.66 % Discount rate (3) 9.5% - 14.5% (12.01%) Recovery rate (4) 25% - 43% (41.96%) Personal LHFS (8) 808,405 Lower of market or Income approach Market participant view 65.00% - 70.00% Discount rate 20.00% - 30.00% Default rate 45.00% - 55.00% Net principal & interest payment rate 50.00% - 60.00% Loss severity rate 90.00% - 95.00% RICs HFS 1,637,194 DCF Discount rate 1.50% - 2.50% (2.00%) Default rate 1.00% - 2.00% (1.80%) Prepayment rate 10.00% - 20.00% (15.00%) Loss severity rate 50.00% - 60.00% (55.00%) MSRs (7) 88,674 DCF CPR (5) [0.00% - 28.71%] (16.96%) Discount rate (6) 9.43 % (1) Based on the applicable term and discount index. (2) Based on the analysis of available data from a comparable market securitization of similar assets. (3) Based on the cost of funding of debt issuance and recent historical equity yields. Weighted average amount was developed by weighting the associated relative unpaid principal balances. (4) Based on the average severity utilizing reported severity rates and loss severity utilizing available market data from a comparable securitized pool. Weighted average amount was developed by weighting the associated relative unpaid principal balances. (5) Average CPR projected from collateral stratified by loan type and note rate. Weighted average amount was developed by weighting the associated relative unpaid principal balances. (6) Average discount rate from collateral stratified by loan type and note rate. Weighted average amount was developed by weighting the associated relative unpaid principal balances. (7) Excludes MSR valued on a non-recurring basis for which we do not consider there to be significant unobservable assumptions. (8) Excludes non-significant Level 3 LHFS portfolios and LHFS associated with BSPR. The estimated fair value for personal LHFS (Bluestem) is calculated based on the lower of market participant view, a DCF analysis in which the Company uses significant unobservable inputs on key assumptions, and also considers the possible outcomes of the Bluestem bankruptcy process. NOTE 12. FAIR VALUE (continued) (dollars in thousands) Fair Value at December 31, 2019 Valuation Technique Unobservable Inputs Range Financial Assets: ABS Financing bonds $ 51,001 DCF Discount rate (1) 1.64% - 1.64% (1.64% ) Sale-leaseback securities 12,234 Consensus pricing (9) Offered quotes (10) 103.00 % RICs HFI 84,334 DCF CPR (2) 6.66 % Discount rate (3) 9.50% - 14.50% (13.16%) Recovery rate (4) 25% - 43% (41.12%) Personal LHFS (8) 1,007,105 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 (7) 130,855 DCF CPR (5) 7.83% - 100.00% (11.97%) Discount rate (6) 9.63 % (1), (2), (3), (4), (5), (6), (7), (8) - See corresponding footnotes to the June 30, 2020 Level 3 significant inputs table above. (9) 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. (10) Based on the nature of the input, a range or weighted average does not exist. The Company owns one sale-leaseback security. 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, 2020 December 31, 2019 (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 $ 11,085,206 $ 11,085,206 $ 11,085,206 $ — $ — $ 7,644,372 $ 7,644,372 $ 7,644,372 $ — $ — Investments in debt securities AFS 12,047,923 12,047,923 — 11,997,259 50,664 14,339,758 14,339,758 — 14,276,523 63,235 Investments in debt securities HTM 5,229,562 5,414,720 — 5,414,720 — 3,938,797 3,957,227 — 3,957,227 — Other investments (3) 769,766 769,766 — 769,766 — 1,097 1,097 379 718 — LHFI, net 84,181,092 88,368,326 — 52,195 88,316,131 89,059,251 90,490,760 — 1,142,998 89,347,762 LHFS 5,439,364 5,439,364 — 241,353 5,198,011 1,420,223 1,420,295 — 289,009 1,131,286 Restricted cash 5,189,766 5,189,766 5,189,766 — — 3,881,880 3,881,880 3,881,880 — — MSRs (1) 90,231 95,992 — — 95,992 132,683 139,052 — — 139,052 Derivatives 1,645,386 1,645,386 — 1,628,619 16,767 556,331 556,331 — 553,222 3,109 Financial liabilities: Deposits (2) 5,528,540 5,575,162 — 5,575,162 — 9,375,281 9,384,994 — 9,384,994 — Borrowings and other debt obligations 49,857,326 50,291,535 — 33,991,246 16,300,289 50,654,406 51,232,798 — 36,114,404 15,118,394 Derivatives 1,434,883 1,434,883 — 1,428,086 6,797 546,414 546,414 — 543,560 2,854 (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. (2) This line item excludes deposit liabilities with no defined or contractual maturities in accordance with ASU 2016-01. (3) This line item includes CDs with a maturity greater than 90 days and investments in trading securities. NOTE 12. FAIR VALUE (continued) 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 present value or other valuation techniques. These techniques involve uncertainties resulting in variability in estimates affected by changes in assumptions and risks of the financial instr

NON-INTEREST INCOME AND OTHER E

NON-INTEREST INCOME AND OTHER EXPENSES	6 Months Ended
	Jun. 30, 2020
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 Six-Month Period Ended June 30, (in thousands) 2020 2019 2020 2019 Non-interest income: Consumer and commercial fees $ 108,826 $ 146,499 $ 233,074 $ 279,517 Lease income 755,006 705,835 1,526,666 1,380,720 Miscellaneous income, net Mortgage banking income, net 17,038 13,908 33,127 22,723 BOLI 13,815 16,113 28,909 30,431 Capital market revenue 84,184 48,442 122,468 97,964 Net gain on sale of operating leases 23,145 48,479 50,096 72,490 Asset and wealth management fees 50,941 44,157 103,592 87,204 Loss on sale of non-mortgage loans (122,533) (83,916) (184,640) (151,373) Other miscellaneous (loss) / income, net (166,620) 21,088 (131,609) 38,376 Net gain on sale of investment securities 22,516 2,379 31,795 379 Total Non-interest income $ 786,318 $ 962,984 $ 1,813,478 $ 1,858,431 Disaggregation of Revenue from Contracts with Customers The following table presents the Company's Non-interest income disaggregated by revenue source: Three-Month Period Six-Month Period Ended June 30, (in thousands) 2020 2019 2020 2019 Non-interest income: In-scope of revenue from contracts with customers: Depository services (1) $ 41,825 $ 60,115 $ 99,029 $ 116,282 Commission and trailer fees (2) 45,552 40,987 97,264 79,636 Interchange income, net (2) 15,599 17,851 31,919 32,963 Underwriting service fees (2) 49,200 27,249 75,407 50,792 Asset and wealth management fees (2) 26,271 37,077 69,291 73,997 Other revenue from contracts with customers (2) 15,504 11,895 38,592 20,379 Total in-scope of revenue from contracts with customers 193,951 195,174 411,502 374,049 Out-of-scope of revenue from contracts with customers: Consumer and commercial fees (3) 59,027 75,794 113,388 141,540 Lease income 755,006 705,835 1,526,666 1,380,720 Miscellaneous loss (3) (244,182) (16,198) (269,873) (38,257) Net gain/(loss) on sale of investment securities 22,516 2,379 31,795 379 Total out-of-scope of revenue from contracts with customers 592,367 767,810 1,401,976 1,484,382 Total non-interest income $ 786,318 $ 962,984 $ 1,813,478 $ 1,858,431 (1) Primarily recorded in the Company's Consolidated Statements of Operations within Consumer and commercial fees. (2) Primarily recorded in the Company's Consolidated Statements of Operations within Miscellaneous income, net. (3) The balance presented excludes certain revenue streams that are considered in-scope and presented above. NOTE 13. 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 Six-Month Period Ended June 30, (in thousands) 2020 2019 2020 2019 (1) Other expenses: Amortization of intangibles $ 14,744 $ 14,742 $ 29,487 $ 29,508 Deposit insurance premiums and other expenses 13,766 10,507 26,320 42,244 Loss on debt extinguishment 890 1,109 1,026 1,127 Other administrative expenses 111,655 122,644 199,485 258,529 Other miscellaneous expenses 8,327 11,502 21,409 14,828 Total Other expenses $ 149,382 $ 160,504 $ 277,727 $ 346,236 (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, 2020
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 Sheets. 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 11 to these Condensed Consolidated Financial Statements for discussion of all derivative contract commitments. NOTE 15. COMMITMENTS, CONTINGENCIES, AND GUARANTEES (continued) The following table details the amount of commitments at the dates indicated: Other Commitments June 30, 2020 December 31, 2019 (in thousands) Commitments to extend credit $ 32,068,222 $ 30,685,478 Letters of credit 1,653,301 1,592,726 Commitments to sell loans 44,588 21,341 Unsecured revolving lines of credit 26,854 24,922 Recourse exposure on sold loans 53,389 53,667 Total commitments $ 33,846,354 $ 32,378,134 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. Included within the reported balances for Commitments to extend credit at June 30, 2020 and December 31, 2019 are $6.5 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, 2020 was 15.1 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, 2020 was $1.7 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, 2020. 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. The credit risk associated with letters of credit is monitored using the same risk rating system utilized within the loan and financing lease portfolio. As of June 30, 2020 and December 31, 2019, the liability related to unfunded lending commitments of $122.7 million and $89.6 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. NOTE 15. COMMITMENTS, CONTINGENCIES, AND GUARANTEES (continued) 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. SC Commitments The following table summarizes liabilities recorded for commitments and contingencies as of June 30, 2020 and December 31, 2019, all of which are included in Accounts payable and accrued expenses in the accompanying Condensed Consolidated Balance Sheets: Agreement or Legal Matter Commitment or Contingency June 30, 2020 December 31, 2019 (in thousands) Chrysler Agreement Revenue-sharing and gain/(loss), net-sharing payments $ (2,228) $ 12,132 Agreement with Bank of America Servicer performance fee 1,508 2,503 Agreement with CBP Loss-sharing payments 940 1,429 Other contingencies Consumer arrangements 12,300 1,991 Following is a description of the agreements and legal matters pursuant to which the liabilities in the preceding table were recorded. Chrysler Agreement Under the 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 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 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 retained 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. NOTE 15. COMMITMENTS, CONTINGENCIES, AND GUARANTEES (continued) 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, 2020 and December 31, 2019, the total unused credit available to customers was $3.0 billion and $3.0 billion, respectively. In 2020, SC purchased $0.5 billion of receivables out of the $3.0 billion unused credit available to customers as of December 31, 2019. In 2019, SC purchased $1.2 billion of receivables out of the $3.1 billion unused credit available to customers as of December 31, 2018. In addition, SC purchased $78.8 million and $75.5 million of receivables related to newly-opened customer accounts during the six-month periods ended June 30, 2020 and 2019, respectively. 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, 2020 and December 31, 2019, SC was obligated to purchase $14.9 million and $10.6 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. On March 9, 2020, Bluestem and certain of its subsidiaries and affiliates filed Chapter 11 bankruptcy in the United States District Court for the District of Delaware. Bluestem has obtained court authorization to continue to perform under its agreements with SC while its bankruptcy cases are pending and has an approved agreement to sell its assets to a third party by August 31, 2020. There are a number outcomes that could occur from the bankruptcy, including but not limited to, assumption of the agreements by the third party asset purchaser, an amendment to the agreements or the liquidation of the Bluestem assets. 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, 2020, 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 commitment as of June 30, 2020 and December 31, 2019 not subject to a market price check was $27.7 million and $39.8 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. NOTE 15. COMMITMENTS, CONTINGENCIES, AND GUARANTEES (continued) Legal and Regulatory Proceedings The Company, including its subsidiaries, is and in the future periodically expects to be party to, or otherwise involved in, various claims, disputes, lawsuits, investigations, regulatory matters and other legal matters and proceedings that arise in the ordinary course of business. In view of the inherent difficulty of predicting the outcome of any such claim, dispute, 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, if any. Accordingly, except as provided below, the Company is unable to reasonably estimate a range of its potential exposure, if any, to these claims, disputes, lawsuits, investigations, regulatory matters and other legal proceedings at this time. 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 materially and adversely affect the Company's business, financial position, liquidity, and results of operations. In accordance with applicable accounting guidance, the Company establishes an accrued liability for legal and regulatory 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 legal or regulatory proceeding 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, 2020 and December 31, 2019, the Company accrued aggregate legal and regulatory liabilities of approximately $185 million and $295 million, respectively. Further, the Company estimates the aggregate range of reasonably possible losses for legal and regulatory proceedings, in excess of reserves established, of up to approximately $145 million as of June 30, 2020. Set forth below are descriptions of the material lawsuits, regulatory matters and other legal proceedings to which the Company is subject. SHUSA Matter 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. Chase Mortgage Loan Sale Indemnity Demand In connection with a 2007 sale by Sovereign Bank of approximately 35,000 second lien mortgage loans to Chase, Chase asserted an indemnity claim against SBNA of approximately $38.0 million under the mortgage loan purchase agreement based on alleged breaches of representations and warranties. The parties resolved this dispute pursuant to a confidential settlement agreement. Mortgage Escrow Interest Putative Class Action The Bank is a defendant in a putative class action lawsuit (the “Tepper Lawsuit”) in the United States District Court, Southern District of New York, captioned Daniel and Rebecca Ruf-Tepper v. Santander Bank, N.A., No. 20-cv-00501. The Tepper Lawsuit, filed in January 2020, alleges that the Bank is obligated to pay interest on mortgage escrow accounts pursuant to state law. Plaintiffs filed an amended complaint and the Bank has filed a motion to dismiss. Congressional Inquiry into PPP After June 15, 2020, SBNA and seven other financial institutions received a request from the Congressional Select Subcommittee on the Coronavirus to provide information and documents related to PPP implementation. SBNA produced documents in response to this request and continues to cooperate with the subcommittee. NOTE 15. COMMITMENTS, CONTINGENCIES, AND GUARANTEES (continued) 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 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 and ordered that merits discovery in the Deka Lawsuit be stayed until the court ruled on the issue of class certi fication. On July 28, 2020, the Company entered into a Stipulation of Settlement with the plaintiffs in the Deka Lawsuit that fully resolves all of the plaintiffs' claims, for a cash payment of $47 million. The settlement is subject to approval by the Court and is not expected to have any financial impact to the Company. In Re Santander Consumer USA Holdings, Inc. Derivative Litigation: 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-VCG (the "Feldman Lawsuit"). The Feldman Lawsuit names as defendants certain 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. 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. No. 12775-VCG (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 director defendants breached their fiduciary duties in connection with SC’s accounting practices and controls. The complaint seeks uns pecified damages and equitable relief. In April 2017, the Jackie888 Lawsuit was stayed pending the resolution of the Deka Lawsuit. In March 2018, the Feldman Lawsuit and Jackie888 Lawsuit were consolidated under the caption In Re Santander Consumer USA Holdings, Inc. Derivative Litigation, Consol. C.A. No. 11614-VCG. In January 2020, the Company executed a Stipulation and Agreement of Settlement, Compromise and Release with the plaintiffs in the consolidated action that, subject to court approval, fully resolves all of the plaintiffs’ claims in the Feldman Lawsuit and the Jackie888 Lawsuit. The Stipulation provides for the settlement of the consolidated action and, in return the Company has enacted or will enact and implement certain corporate governance reforms and enhancements. The Settlement Hearing at which the Court would consider the settlement was scheduled for May 27, 2020, but on May 22, 2020, a shareholder filed its notice of intent to object to the settlement and the parties agreed to postpone the Settlement Hearing to a later date. 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 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 DOJ, the SEC, the Federal Trade Commission and various state regulatory and enforcement agencies. NOTE 15. COMMITMENTS, CONTINGENCIES, AND GUARANTEES (continued) Currently, such matters include, but are not limited to, the following: • SC received a civil subpoena from the DOJ in 2014 under the Financial Institutions Reform, Recovery and Enforcement Act requesting the production of documents and communications that, among other things, relate to the underwriting and sec uritization 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 CIDs from the Attorneys General of California, Illinois, Oregon, New Jersey, Maryland and Washington under the authority of each state's consumer protection statutes. On May 19, 2020, all of the Consortium members and SC announced a settlement of the investigation requiring SC to: (1) pay a total of $65 million to the states for consumer remediation; (2) pay $5 million to the states for investigation costs; (3) pay up to $2 million in settlement administration costs; (4) provide $45 million in prospective debt forgiveness; (5) provide deficiency waivers for a defined class of SC customers; and (6) implement certain enhancements to its loan underwriting process. • In August 2017, SC received CIDs from the CFPB. The stated purpose of the CIDs are to determine whether SC has complied with the Fair Credit Reporting Act and related regulations. SC has responded to these requests within the applicable deadlines and has otherwise cooperated with the CFPB with respect to this matter. In February 2020, the Company received a communication from the CFPB inviting the Company to respond to the CFPB’s identified issues in the form of a Notice of Opportunity to Respond and Advise, in which the CFPB identified potential claims it might bring against SC. Mississippi Attorney General Lawsuit In January 2017, 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. IHC Matters Periodically, SSLLC is party to pending and threatened legal actions and proceedings, including FINRA arbitration actions and class action claims. Puerto Rico FINRA Arbitrations As of June 30, 2020, SSLLC had received 764 FINRA arbitration cases related to Puerto Rico bonds and Puerto Rico 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 346 arbitration cases pending as of June 30, 2020. The Company has experienced a decrease in the volume of claims since September 30, 2019; however, it is reasonably possible that it could experience an increase in claims in future periods. NOTE 15. COMMITMENTS, CONTINGENCIES, AND GUARANTEES (continued) Puerto Rico Putative Class Action: 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. On July 22, 2020, the District Court dismissed the complaint. Puerto Rico Municipal Bond Insurer Litigation: On August 8, 2019, bond insurers National Public Finance Guarantee Corporation and MBIA Insurance Corporation filed suit in Puerto Rico state court against eight Puerto Rico municipal bond underwriters, including SSLLC, alleging that the underwriters made misrepresentations in connection with the issuance of the debt and that the bond insurers relied on such misrepresentations in agreeing to insure certain of the bonds. The complaint alleges damages of not less than $720.0 million. The defendants removed the case to federal court, and plaintiffs have sought to return the case to state court. 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, 2020
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, 2019. 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. During the six-month period ended June 30, 2019, the Company received $75.9 million of capital contributions from Santander. During the six-month period ended June 30, 2020, the Company did not receive any capital contributions from Santander. On March 29, 2017, SC entered into an MSPA with Santander, under which it has the option to sell a contractually determined amount of eligible prime loans to Santander through the Santander Private Auto Issuing Note trust securitization platform, for a term that ended in December 2018. SC provided servicing on all loans originated under this arrangement. Servicing fee income of $5.2 million and $11.2 million were recognized in the Condensed Consolidated Statements of Operations for the three-month and six-month periods ended June 30, 2020, respectively, and $7.7 million and $16.1 million for the three-month and six-month periods ended June 30, 2019, respectively. SC had $7.1 million and $8.2 million of collections due to Santander as of June 30, 2020 and December 31, 2019, 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. For the three-month and six-month periods ended June 30, 2020, SC facilitated the purchase of $1.7 billion and $2.8 billion, respectively, of RICs. For the three-month and six-month periods ended June 30, 2019, SC facilitated the purchase of $1.9 billion and $3.0 billion, respectively, of RICs. SC recognizes referral fee income and servicing fee income related to this agreement that eliminates in the consolidation of SHUSA. BSI enters into transactions with affiliates in the ordinary course of business. As of June 30, 2020, BSI held interest-bearing deposits with an unconsolidated affiliate of $1.0 billion.

BUSINESS SEGMENT INFORMATION

BUSINESS SEGMENT INFORMATION	6 Months Ended
	Jun. 30, 2020
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. The Company has identified the following reportable segments: CBB, C&I, CRE & VF, CIB, and SC. NOTE 17. BUSINESS SEGMENT INFORMATION (continued) • The CBB 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. The Bank also finances indirect consumer automobile RICs through an intercompany agreement with SC. 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. • 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 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. NOTE 17. BUSINESS SEGMENT INFORMATION (continued) In July 2020, the Company announced organizational changes to Business Banking to meet the evolving needs of its business customers including the re-alignment of Upper Business Banking into the C&I segment from the CBB segment. The CODM internal reporting package has not been updated for this change. Segment results will be updated in subsequent reporting periods after changes to the CODM internal reporting are finalized. 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 below 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. 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, 2020 CBB C&I CRE & VF CIB Other (2) SC (3) SC Purchase Price Adjustments (4) Eliminations (4) Total (in thousands) Net interest income $ 358,430 $ 70,034 $ 90,160 $ 42,457 $ (9,330) $ 984,745 $ (201) $ 2,495 $ 1,538,790 Non-interest income 71,373 12,221 2,157 90,398 (49,109) 667,242 3,168 (11,132) 786,318 Provision for/(release of) credit losses 186,714 36,568 14,252 15,314 (137,597) 861,896 226 — 977,373 Total expenses 1,955,547 337,287 29,736 62,424 121,796 919,626 9,804 (6,530) 3,429,690 Income/(loss) before income taxes (1,712,458) (291,600) 48,329 55,117 (42,638) (129,535) (7,063) (2,107) (2,081,955) Intersegment revenue/(expense) (1) 541 2,381 1,019 (3,941) — — — — — For the Six-Month Period Ended SHUSA Reportable Segments June 30, 2020 CBB C&I CRE & VF CIB (5) Other (2) SC (3) SC Purchase Price Adjustments (4) Eliminations (4) Total (in thousands) Net interest income $ 708,278 $ 127,853 $ 191,309 $ 79,376 $ 15,662 $ 1,996,152 $ (423) $ 6,559 $ 3,124,766 Non-interest income 154,926 25,952 5,350 140,550 65,244 1,441,074 5,021 (24,639) 1,813,478 Credit loss expense 352,184 71,178 63,387 33,455 (127,436) 1,769,783 432 — 2,162,983 Total expenses 2,340,820 387,037 58,681 124,923 291,186 1,803,423 19,593 (12,172) 5,013,491 Income/(loss) before income taxes (1,829,800) (304,410) 74,591 61,548 (82,844) (135,980) (15,427) (5,908) (2,238,230) Intersegment revenue/(expense) (1) 961 4,944 2,753 (8,658) — — — — — Total assets 24,052,719 7,048,220 19,567,288 12,419,110 41,997,755 47,268,695 — — 152,353,787 (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, with the exception of SIS, 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, which are presented 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. (5) Includes results and assets of SIS. NOTE 17. BUSINESS SEGMENT INFORMATION (continued) For the Three-Month Period Ended SHUSA Reportable Segments June 30, 2019 CBB 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 CBB C&I CRE & VF CIB (5) 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 Credit loss expense / (Recovery of) credit loss expense 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)- (5) Refer to corresponding notes above.

DESCRIPTION OF BUSINESS, BASI_2

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying Condensed Consolidated Financial Statements include the accounts of the Company and its consolidated subsidiaries, including certain Trusts that are considered VIEs. The Company also consolidates VIEs for which it is deemed to be the primary beneficiary and VOEs in which the Company has a controlling financial interest. All significant intercompany balances and transactions have been eliminated in consolidation. The accompanying Condensed Consolidated Financial Statements have been prepared in accordance with GAAP for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Additionally, where applicable, the Company's accounting policies conform to the accounting and reporting guidelines prescribed by bank regulatory authorities. Accordingly, they do not include all of the information and footnotes required for GAAP for complete financial statements. In the opinion of management, these financial statements contain all adjustments, consisting of normal and recurring adjustments necessary for a fair statement of the financial position, results of operations, and cash flows for the periods indicated, and contain adequate disclosure for the fair statement of this interim financial information. Results of operations for the periods presented herein are not necessarily indicative of results of operations for the entire year. These financial statements should be read in conjunction with the Company's Annual Report on Form 10-K for the year ended December 31, 2019. Certain prior-year amounts have been reclassified to conform to the current year presentation. These reclassifications did not have a material impact on the Company's consolidated financial condition or results of operations.
Use of Estimates	Use of Estimates The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts in the financial statements and accompanying notes. Actual results could differ from those estimates, and those differences may be material. The most significant estimates include the ACL, accretion of discounts and subvention on RICs, fair value measurements, expected end-of-term lease residual values, values of repossessed assets, goodwill, and income taxes. These estimates, although based on actual historical trends and modeling, may potentially show significant variances over time.
Recently Adopted Accounting Standards and Recent Accounting Developments	Recently Adopted Accounting Standards Since January 1, 2020, the Company adopted the following FASB ASUs: • Financial Instruments - Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments . This guidance significantly changed how entities measure credit losses for most financial assets and certain other instruments measured at amortized cost. The amendment introduced a new credit reserving framework known as CECL, which replaced the incurred loss impairment framework with one that reflects expected credit losses over the expected life of financial assets and commitments, and requires consideration of a broader range of reasonable and supportable information, including estimation of future expected changes in macroeconomic conditions. Additionally, the standard changes the accounting framework for purchased credit-deteriorated HTM debt securities and loans, and dictates measurement of AFS debt securities using an allowance instead of reducing the carrying amount as it was under the OTTI framework. The Company adopted the new guidance on January 1, 2020, on a modified retrospective basis which resulted in an increase in the ACL of approximately $2.5 billion, a decrease in stockholder's equity of approximately $1.8 billion and a decrease in deferred tax liabilities, net of approximately $0.7 billion at January 1, 2020. The increase was based on forecasts of expected future economic conditions and was primarily driven by the fact that the allowance covers expected credit losses over the full expected life of the loan portfolios. • In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting . This guidance provides temporary optional expedients to reduce the costs and complexity associated with the high volume of contractual modifications expected in the transition away from LIBOR as the benchmark rate in contracts and hedges. These optional expedients allow entities to negate many of the accounting impacts of modifying contracts and hedging relationships necessitated by reference rate reform, allowing them to generally maintain the accounting as if a change had not occurred. The Company adopted this standard during the three month period ended March 31, 2020 electing the practical expedients relative to the Company’s contracts and hedging relationships modified as a result of reference rate reform through December 31, 2022. These practical expedients did not have a material impact on the Company’s business, financial position, results of operations, or disclosures. • In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes . The amendments in this ASU simplify the accounting for income taxes by removing certain exceptions to the general tax accounting principles and simplifying other specific tax scenarios. The Company adopted this standard as of January 1, 2020 reflecting the change prospectively. It did not have a material impact to the Company’s business, financial position, results of operations, or disclosures. The adoption of the following ASUs did not have a material impact on the Company's financial position or results of operations: • A SU 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement • ASU 2018-17, Consolidation (Topic 810): Targeted Improvements to Related Party Guidance for Variable Interest Entities As required by the adoption of the CECL Standard, the following additional accounting policy disclosures are required to update the disclosures included in our Annual Report on Form 10-K for the year ended December 31, 2019: Significant Accounting Policies Investment Securities and Other Investments Investments in debt securities are classified as either AFS, HTM, trading, or other investments. Investments in equity securities are generally recorded at fair value with changes recorded in earnings. Management determines the appropriate classification at the time of purchase. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) Debt securities that the Company has the positive intent and ability to hold until maturity are classified as HTM securities. HTM securities are reported at cost and adjusted for payments, chargeoffs, amortization of premium and accretion of discount. Impairment of HTM securities is recorded using a valuation reserve which represents management’s best estimate of expected credit losses during the lives of the securities. Securities for which management has an expectation that nonpayment of the amortized costs basis is zero do not have a reserve. The Company has a zero loss expectation when the securities are issued or guaranteed by certain US government entities, and those entities have a long history of no defaults and the highest credit ratings issued by rating agencies. Transfers of debt securities into the HTM category from the AFS category are made at fair value at the date of transfer. The unrealized holding gain or loss at the date of transfer is retained in OCI and in the carrying value of HTM securities. Such amounts are amortized over the remaining lives of the securities. Any allowance recorded for credit losses while the security was classified as AFS is reversed through provision expense. Thereafter, the allowance is recorded through provision using the HTM valuation reserve. Debt securities expected to be held for an indefinite period of time are classified as AFS and recorded on the balance sheet at fair value. If the fair value of an AFS debt security declines below its amortized cost basis and the Company does not have the intention or requirement to sell the security before it recovers its amortized cost basis, declines due to credit factors will be recorded in earnings through an allowance on AFS securities, and declines due to non-credit factors will be recorded in AOCI, net of taxes. Subsequent to recognition of a credit loss, improvements to the expectation of collectability will be reversed through the allowance. If the Company has the intention or requirement to sell the security, the Company will record its fair value changes in earnings as a direct write down to the security. Increases in fair value above amortized cost basis are recorded in AOCI, net of taxes. The Company conducts a comprehensive security-level impairment assessment quarterly on all AFS securities with a fair value that is less than their amortized cost basis to determine whether the loss is due to credit factors. The quarterly assessment takes into consideration whether (i) the Company has the intent to sell or, (ii) it is more likely than not that it will be required to sell the security before the expected recovery of its amortized cost. The Company also considers whether or not it would expect to receive all of the contractual cash flows from the investment based on its assessment of the security structure, recent security collateral performance metrics, external credit ratings, failure of the issuer to make scheduled interest or principal payments, judgment and expectations of future performance, and relevant independent industry research, analysis and forecasts. The Company also considers the severity of the impairment in its assessment. Similar to HTM securities, securities for which management expects risk of nonpayment of the amortized cost basis is zero, do not have a reserve. The Company has a zero loss expectation when the securities are issued or guaranteed by certain US government entities, and those entities have a long history of no defaults and the highest credit ratings issued by rating agencies. In the event of a credit loss, the credit component of the impairment is recognized within non-interest income as a separate line item, and by the recording of a valuation reserve. The non-credit component is recorded within AOCI. The Company does not measure an ACL for accrued interest, and instead writes off uncollectible accrued interest balances in a timely manner. The Company places securities on nonaccrual and reverses any uncollectible accrued interest when the full and timely collection of interest or principal becomes uncertain, but no later than at 90 days past due. See Note 2 to the Consolidated Financial Statements for details on the Company's investments. LHFI Purchased LHFI Loans that at acquisition the company deems to have more than insignificant deterioration in credit quality since origination (i.e., Purchased Credit Deteriorated or PCD loans) require the recognition of an ACL at purchase. The ACL is added to the purchase price at the date of acquisition to determine the initial amortized cost basis of the PCD loan. The allowance for credit losses is calculated using the same methodology as originated loans, as described below. Alternatively, the Company can elect the FVO at the time of purchase for any financial asset. Under the FVO, loans are recorded at fair value with changes in value recognized immediately in income. There is no ACL for loans under a FVO. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) Allowance for Credit Losses General The ALLL and reserve for off-balance sheet commitments (together, the ACL) are maintained at levels that represent management’s best estimate of expected credit losses in the Company’s HFI loan portfolios, which excludes those loans accounted for under the FVO. The allowance for expected credit losses is measured based on a lifetime expected loss model, which means that it is not necessary for a loss event to occur before a credit loss is recognized. Management’s estimate of expected credit losses is based on an evaluation of relevant information about past events, current conditions, and reasonable and supportable forecasts that affect the future collectability of the reported amounts. Management's evaluation takes into consideration the risks in the loan portfolio, past loan and lease loss experience, specific loans with loss potential, geographic and industry concentrations, delinquency trends, economic forecasts and other relevant factors. While management uses the best information available to make such evaluations, future adjustments to the ACL may be necessary if conditions differ substantially from the assumptions used in making the evaluations. Provisions for credit losses are charged to provision expense in amounts sufficient to maintain the ACL at levels considered adequate to cover expected credit losses in the Company’s HFI loan portfolios. The ALLL is a valuation account that is deducted from, or added to, the amortized cost basis to present the net amount expected to be collected on the Company’s HFI loan portfolios. The reserve for off-balance sheet commitments represents the ECL for unfunded lending commitments and financial guarantees, and is presented within Other liabilities on the Company's Consolidated Balance Sheets. The reserve for off-balance sheet commitments, together with the ALLL, is generally referred to collectively throughout this Form 10-Q as the ACL, despite the presentation differences. The Company measures expected losses of all components of the amortized cost basis of its loans. For all loans except TDRs and Credit Cards, the Company has elected to exclude accrued interest receivable balances from the measurement of expected credit losses because it applies a nonaccrual policy that results in the timely write off of uncollectible interest. Off-balance sheet commitments which are not unconditionally cancellable by the Company are subject to credit risk. Additions to the reserve for off-balance sheet commitments are made by charges to the credit loss expense. The Company does not calculate a liability for expected credit losses for off-balance sheet credit exposures which are unconditionally cancellable by the lender, because these instruments do not expose the Company to credit risk. At SHUSA, this generally applies to credit cards and commercial demand lines of credit. Methodology The Company uses several methodologies for the measurement of ACL. The Company generally uses a DCF approach for determining ALLL for TDRs and other individually assessed loans, and loss rate or roll-rate models for other loans. The methodologies utilized by the Company to estimate expected credit losses may vary by product type. Expected credit losses are estimated on a collective basis when similar risk characteristics exist. Expected credit losses are estimated on an individual basis only if the individual asset or exposure does not share similar risk attributes with other financial assets or exposures, including when an asset is treated as a collateral dependent asset. The estimate of expected credit losses reflects information about past events, current conditions, and reasonable and supportable forecasts that affect the future collectability of reported amounts. This information includes internal information, external information, or a combination of both. The Company uses historical loss experience as a starting point for estimating expected credit losses. The ACL estimate includes significant assumptions including the reasonable and supportable economic forecast period, which considers the availability of forward-looking scenarios and their respective time horizons, as well as the reversion method to historical losses. The economic scenarios used by the Company are available up to the contractual maturities of the assets, and therefore the Company can project losses through the respective contractual maturities, using an input reversion approach. This method results in a single, quantitatively consistent credit model across the entire projection period as the macroeconomic effects in the historical data are controlled for the estimate of the long-run loss level. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) The Company uses multiple scenarios in its CECL estimation process. The selection of scenarios is reviewed quarterly and governed by the ACL Committee. Additionally, the results from the CECL models are reviewed and adjusted if necessary, based on management’s judgment, as discussed in the section captioned "Qualitative Reserves" below. CECL Models The Company uses a statistical methodology based on an ECL approach that focuses on forecasting the ECL components (i.e., PD, payoff, loss given default and exposure at default) on a loan level basis to estimate the expected future life-time losses. • In calculating the PD and payoff, the Company developed model forecasts which consider variables such as delinquency status, loan tenor and credit quality as measured by internal risk ratings assigned to individual loans and credit facilities. • The loss given default component forecasts the extent of losses given that a default has occurred and considers variables such as collateral, LTV and credit quality. • The exposure at default component captures the effects of expected partial prepayments and underpayments that are expected to occur during the forecast period and considers variables such as LTV, collateral and credit quality. The above ECL components are used to compute an ACL based on the weighted average of the results of four macroeconomic scenarios. The weighting of these scenarios is governed and approved quarterly by management through established committee governance. These ECL components are inputs to both the Company’s DCF approach for TDRs and individually assessed loans, and non-DCF approach for other loans. When using a non-DCF method to measure the ACL, the Company measures ECL over the asset’s contractual term, adjusted for (a) expected prepayments, (b) expected extensions associated with assets for which management has a reasonable expectation at the reporting date that it will execute a TDR with the borrower, and (c) expected extensions or renewal options (excluding those that are accounted for as derivatives) included in the original or modified contract at the reporting date that are not unconditionally cancellable by the Company. In addition to the ALLL, management estimates expected losses related to off-balance sheet commitments using the same models and procedures used to estimate expected loan losses. Off-balance sheet commitments for commercial customers are analyzed and segregated by risk according to the Company's internal risk rating scale. These risk classifications, in conjunction with a forecast of expected usage of committed amounts and an analysis of historical loss experience, reasonable and supportable forecasts of economic conditions, performance trends within specific portfolio segments, and any other pertinent information result in the estimation of the reserve for off-balance sheet commitments. DCF Approaches A DCF method measures expected credit losses by forecasting expected future principal and interest cash flows and discounting them using the financial asset’s EIR. The ACL reflects the difference between the amortized cost basis and the present value of the expected cash flows. When using a DCF method to measure the ACL, the period of exposure is determined as a function of the Company’s expectations of the timing of principal and interest payments. The Company considers estimated prepayments in the future principal and interest cash flows when utilizing a DCF method. The Company generally uses a DCF approach for TDRs and impaired commercial loans. The Company reports the entire change in present value in credit loss expense. Collateral-Dependent Assets A loan is considered a collateral-dependent financial asset when: • The Company determines foreclosure is probable or • The borrower is experiencing financial difficulty and the Company expects repayment to be provided substantially through the operation or sale of the collateral. For all collateral-dependent loans, the Company measures the allowance for expected credit losses as the difference between the asset’s amortized cost basis and the fair value of the underlying collateral as of the reporting date, adjusted for expected costs to sell. If repayment or satisfaction of the loan is dependent only on the operation, rather than the sale, of the collateral, the measure of credit losses does not incorporate estimated costs to sell. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) A collateral dependent loan is written down (i.e., charged-off) to the fair value of the collateral adjusted for costs to sell (if repayment from sale is expected.) Any subsequent increase or decrease in the collateral’s fair value less cost to sell is recognized as an adjustment to the related loan’s ACL. Negative ACLs are limited to the amount previously charged-off. Collateral Maintenance Provisions For certain loans with collateral maintenance provisions which are secured by highly liquid collateral, the Company expects nonpayment of the amortized cost basis to be zero when such provisions require the borrower to continually replenish collateral in the event the fair value of the collateral changes. For these loans, the Company records no ACL. Negative Allowance Negative allowance is defined as the amount of future recovery expected for accounts that have already been charged off. The Company performs an analysis of the actual historical recovery values to determine the pattern of recovery and expected rate of recovery over a given historic period, and uses the results of this analysis to determine negative allowance. Negative allowance reduces the ACL. Qualitative Reserves Quantitative models have certain limitations with respect to estimating expected losses in times of rapidly changing macro-economic forecasts. The June 30, 2020 ACL estimate includes qualitative adjustments to adjust for limitations in modeled results with respect to forecasted economic conditions that are well outside of historic economic conditions used to develop the models and to give consideration to significant government relief programs, stimulus, and internal credit accommodations. Management believes the qualitative component of the ACL, which incorporates management’s expert judgment related to expected future credit losses, will continue to represent a significant portion of the ACL for the foreseeable future. Regardless of the extent of the Company's analysis of customer performance, portfolio evaluations, trends or risk management processes established, a level of imprecision will always exist due to the judgmental nature of loan portfolio and/or individual loan evaluations. The Company maintains a qualitative reserve to the ACL to recognize the existence of these exposures. Imprecisions include loss factors inherent in the loan portfolio that may not have been discreetly contemplated in the modelled approach to the allowance, as well as potential variability in estimates. The qualitative adjustment is also established in consideration of several factors such as changes in the Company’s underwriting standards, the interpretation of economic trends, delays in obtaining information regarding a customer's financial condition and changes in its unique business conditions. This analysis is conducted at least quarterly, and the Company revises the allowance factors whenever necessary in order to address improving or deteriorating credit quality trends or specific risks associated with a loan pool classification. Governance A comprehensive analysis of the ACL is performed by the Company on a quarterly basis. Management regularly monitors the condition of borrowers and assesses both internal and external factors in determining whether any relationships have deteriorated considering factors such as historical loss experience, trends in delinquency and NPLs, changes in risk composition and underwriting standards, experience and ability of staff and regional and national economic conditions, trends and forecasts. Risk factors are continuously reviewed and revised by management when conditions warrant. The Company's reserves are principally based on various models subject to the Company's model risk management framework. New models are approved by the Company's Model Risk Management Committee, and inputs are reviewed periodically by the Company's Internal Audit function. Models, inputs and documentation are further reviewed and validated at least annually, and the Company completes a detailed variance analysis of historical model projections against actual observed results on a quarterly basis. Required actions resulting from the Company's analysis, if necessary, are governed by its ACL Committee. In addition, a review of allowance levels based on nationally published statistics is conducted on at least an annual basis. Reserve levels are collectively reviewed for adequacy and approved quarterly by Board-level committees. The ACL is subject to review by banking regulators. The Company's primary bank regulators conduct examinations of the ACL and make assessments regarding its adequacy and the methodology employed in its determination. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) Changes in the assumptions used in these estimates could have a direct material impact on credit loss expense in the Condensed Consolidated Statements of Operations and in the allowance for loan losses. The loan portfolio represents the largest asset on the Condensed Consolidated Balance Sheets. The Company’s models incorporate a variety of assumptions based on historical experience, current conditions and forecasts. Management also applies its judgement in evaluating the appropriateness of the allowance. Material changes to the ACL might be necessary if prevailing conditions differ materially from the assumptions and estimates utilized in calculating the ACL. TDRs TDR Impact to ACL The Company’s policies for estimating the ACL also apply to TDRs as follows: • The Company reflects the impact of the concession in the ALLL for TDRs. Interest rate concessions and significant term deferrals can only be captured within the ALLL by using a DCF method. Therefore, in circumstances in which the Company offers such extensions in its TDR modification, it uses a DCF method to calculate the ALLL. • The Company recognizes the impact of a TDR modification to the ALLL when the Company has a reasonable expectation that the TDR modification will be executed. Recently Issued Accounting Standards Not Yet Adopted There are no recently issued GAAP accounting developments that we expect will have a material impact on the Company's business, financial position, results of operations, or disclosures upon adoption.
Credit Quality of Financing Receivables	NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Each commercial loan is evaluated to determine its risk rating at least annually. The indicators represent the rating for loans as of the date presented based on the most recent assessment performed. Amortized cost basis of loans in the commercial portfolio segment by credit quality indicator, class of financing receivable, and year of origination are summarized as follows:
Fair Value Measurements	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 Company'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.

Fair Value Measures and Disclos

Fair Value Measures and Disclosures (Policies)	6 Months Ended
	Jun. 30, 2020
Fair Value Disclosures [Abstract]
Fair Value Measurements	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 Company'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.

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	6 Months Ended
	Jun. 30, 2020
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 investments in debt securities AFS at the dates indicated: June 30, 2020 December 31, 2019 (in thousands) Amortized Gross Gross Fair Amortized Gross Gross Fair U.S. Treasury securities $ 1,505,434 $ 16,362 $ (1) $ 1,521,795 $ 4,086,733 $ 4,497 $ (292) $ 4,090,938 Corporate debt securities 98,389 110 (13) 98,486 139,696 39 (22) 139,713 ABS 113,611 983 (1,329) 113,265 138,839 1,034 (1,473) 138,400 State and municipal securities 5 — — 5 9 — — 9 MBS: GNMA - Residential 4,154,798 111,781 (161) 4,266,418 4,868,512 12,895 (16,066) 4,865,341 GNMA - Commercial 1,002,210 26,394 — 1,028,604 773,889 6,954 (1,785) 779,058 FHLMC and FNMA - Residential 4,866,733 78,804 (1,465) 4,944,072 4,270,426 14,296 (30,325) 4,254,397 FHLMC and FNMA - Commercial 68,821 6,460 (3) 75,278 69,242 2,665 (5) 71,902 Total investments in debt securities AFS $ 11,810,001 $ 240,894 $ (2,972) $ 12,047,923 $ 14,347,346 $ 42,380 $ (49,968) $ 14,339,758
Summary of Held-to-maturity Securities	The following tables present the amortized cost, gross unrealized gains and losses and approximate fair values of investments in debt securities HTM at the dates indicated: June 30, 2020 December 31, 2019 (in thousands) Amortized Gross Gross Fair Amortized Gross Gross Fair ABS $ 23,342 $ 353 $ — $ 23,695 $ — $ — $ — $ — MBS: GNMA - Residential 2,319,089 62,751 (930) 2,380,910 1,948,025 11,354 (7,670) 1,951,709 GNMA - Commercial 2,887,131 122,984 — 3,010,115 1,990,772 20,115 (5,369) 2,005,518 Total investments in debt securities HTM $ 5,229,562 $ 186,088 $ (930) $ 5,414,720 $ 3,938,797 $ 31,469 $ (13,039) $ 3,957,227
Investments Classified by Contractual Maturity Date	Contractual maturities of the Company’s investments in debt securities AFS at June 30, 2020 were as follows: (in thousands) Amortized Cost Fair Value Due within one year $ 1,028,954 $ 1,033,024 Due after 1 year but within 5 years 656,560 671,008 Due after 5 years but within 10 years 424,030 439,653 Due after 10 years 9,700,457 9,904,238 Total $ 11,810,001 $ 12,047,923 Contractual maturities of the Company’s investments in debt securities HTM at June 30, 2020 were as follows: (in thousands) Amortized Cost Fair Value Due within one year $ — $ — Due after 1 year but within 5 years 17,207 17,307 Due after 5 years but within 10 years 6,135 6,388 Due after 10 years 5,206,220 5,391,025 Total $ 5,229,562 $ 5,414,720
Gross Unrealized Loss and Fair Value of Debt Securities Available-for-Sale	The following table presents the aggregate amount of unrealized losses as of June 30, 2020 and December 31, 2019 on debt 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, 2020 December 31, 2019 Less than 12 months 12 months or longer Less than 12 months 12 months or longer (in thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized U.S. Treasury securities $ 139,982 $ (1) $ — $ — $ 200,096 $ (167) $ 499,883 $ (125) Corporate debt securities 56,893 (13) — — 110,802 (22) — — ABS 12,779 (69) 38,538 (1,260) 27,662 (44) 47,616 (1,429) MBS: GNMA - Residential 21,157 (26) 28,479 (135) 2,053,763 (6,895) 997,024 (9,171) GNMA - Commercial — — — — 217,291 (1,756) 14,300 (29) FHLMC and FNMA - Residential 525,099 (1,177) 26,452 (288) 660,078 (4,110) 1,344,057 (26,215) FHLMC and FNMA - Commercial — — 425 (3) — — 430 (5) Total investments in debt securities AFS $ 755,910 $ (1,286) $ 93,894 $ (1,686) $ 3,269,692 $ (12,994) $ 2,903,310 $ (36,974)
Gross Unrealized Loss and Fair Value of Debt Securities Held-to-maturity	The following table presents the aggregate amount of unrealized losses as of June 30, 2020 and December 31, 2019 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, 2020 December 31, 2019 Less than 12 months 12 months or longer Less than 12 months 12 months or longer (in thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized MBS: GNMA - Residential $ 81,040 $ (930) $ — $ — $ 559,058 $ (2,004) $ 657,733 $ (5,666) GNMA - Commercial — — — — 731,445 (5,369) — — Total investments in debt securities HTM $ 81,040 $ (930) $ — $ — $ 1,290,503 $ (7,373) $ 657,733 $ (5,666)
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 Ended June 30, Six-Month Period Ended June 30, (in thousands) 2020 2019 2020 2019 Proceeds from the sales of AFS securities $ 631,459 $ 344,792 $ 1,553,560 $ 627,664 Gross realized gains $ 22,516 $ 2,528 $ 32,829 $ 3,340 Gross realized losses — (149) (1,034) (2,961) Net realized gains/(losses) (1) $ 22,516 $ 2,379 $ 31,795 $ 379 (1) Includes net realized gain/(losses) on trading securities of $0.5 million and $(0.9) million for the three-month and six-month periods ended June 30, 2020, respectively, and $(12.0) thousand and $(0.3) million for the three-month and six-month periods ended June 30, 2019, respectively.
Schedule of Other Investments	Other investments consisted of the following as of: (in thousands) June 30, 2020 December 31, 2019 FHLB of Pittsburgh and FRB stock $ 659,146 $ 716,615 LIHTC investments 285,932 265,271 Equity securities not held for trading (1) 13,221 12,697 Interest-bearing deposits with an affiliate bank 750,000 — Trading securities 19,766 1,097 Total $ 1,728,065 $ 995,680 (1) Includes $0.2 million and zero of equity certificates related to an off-balance sheet securitization as of June 30, 2020 and December 31, 2019, respectively.

LOANS AND ALLOWANCE FOR CREDI_2

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)	6 Months Ended
	Jun. 30, 2020
Loans and Leases Receivable Disclosure [Abstract]
Schedule of Loans Receivable	The following presents the composition of gross loans and leases HFI by portfolio and by rate type: June 30, 2020 December 31, 2019 (dollars in thousands) Amount Percent Amount Percent Commercial LHFI: CRE loans $ 7,400,780 8.1 % $ 8,468,023 9.1 % C&I loans 17,664,463 19.3 % 16,534,694 17.8 % Multifamily loans 8,562,825 9.4 % 8,641,204 9.3 % Other commercial (2) 7,191,574 7.9 % 7,390,795 8.2 % Total commercial LHFI 40,819,642 44.7 % 41,034,716 44.4 % Consumer loans secured by real estate: Residential mortgages 7,443,130 8.2 % 8,835,702 9.5 % Home equity loans and lines of credit 4,514,680 4.9 % 4,770,344 5.1 % Total consumer loans secured by real estate 11,957,810 13.1 % 13,606,046 14.6 % Consumer loans not secured by real estate: RICs and auto loans 37,365,398 40.9 % 36,456,747 39.3 % Personal unsecured loans 881,244 1.0 % 1,291,547 1.4 % Other consumer (3) 269,737 0.3 % 316,384 0.3 % Total consumer loans 50,474,189 55.3 % 51,670,724 55.6 % Total LHFI (1) $ 91,293,831 100.0 % $ 92,705,440 100.0 % Total LHFI: Fixed rate $ 61,109,094 66.9 % $ 61,775,942 66.6 % Variable rate 30,184,737 33.1 % 30,929,498 33.4 % Total LHFI (1) $ 91,293,831 100.0 % $ 92,705,440 100.0 % (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 $3.1 billion and $3.2 billion as of June 30, 2020 and December 31, 2019, respectively. (2) Other commercial includes CEVF leveraged leases and loans.
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, 2020 and 2019 was as follows: Three-Month Period Ended June 30, 2020 (in thousands) Commercial Consumer Unallocated Total ALLL, beginning of period $ 911,463 $ 5,712,273 $ — $ 6,623,736 Credit loss expense on loans 205,488 819,082 — 1,024,570 Charge-offs (43,446) (899,773) — (943,219) Recoveries 7,617 400,035 — 407,652 Charge-offs, net of recoveries (35,829) (499,738) — (535,567) ALLL, end of period $ 1,081,122 $ 6,031,617 $ — $ 7,112,739 Reserve for unfunded lending commitments, beginning of period $ 140,631 $ 29,309 $ — $ 169,940 Credit loss expense on unfunded lending commitments (45,450) (1,747) — (47,197) Reserve for unfunded lending commitments, end of period 95,181 27,562 — 122,743 Total ACL, end of period $ 1,176,303 $ 6,059,179 $ — $ 7,235,482 Six-Month Period Ended June 30, 2020 (in thousands) Commercial Consumer Unallocated Total ALLL, beginning of period $ 399,829 $ 3,199,612 $ 46,748 $ 3,646,189 Day 1: Adjustment to allowance for adoption of ASU 2016-13 151,590 2,431,041 (46,748) 2,535,883 Credit loss expense on loans 608,316 1,534,161 — 2,142,477 Charge-offs (96,908) (2,144,486) — (2,241,394) Recoveries 18,295 1,011,289 — 1,029,584 Charge-offs, net of recoveries (78,613) (1,133,197) — (1,211,810) ALLL, end of period $ 1,081,122 $ 6,031,617 $ — $ 7,112,739 Reserve for unfunded lending commitments, beginning of period $ 85,934 $ 5,892 $ — $ 91,826 Day 1: Adjustment to allowance for adoption of ASU 2016-13 10,081 330 — 10,411 Credit loss expense on unfunded lending commitments (834) 21,340 — 20,506 Reserve for unfunded lending commitments, end of period 95,181 27,562 — 122,743 Total ACL, end of period $ 1,176,303 $ 6,059,179 $ — $ 7,235,482 NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) 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 Credit loss expense on loans (1) 23,671 439,846 — 463,517 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 $ 86,563 $ 6,122 $ — $ 92,685 (Recovery of) / Credit loss expense on 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 Credit loss expense on loans (1) 45,644 1,020,899 — 1,066,543 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 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 (1) Credit loss expense includes $20.4 million related to retail installment contracts transferred to held for sale during the three and six months ended June 30, 2019.
Schedule of Non-accrual Loans	The amortized cost basis of financial instruments that are either non-accrual with related expected credit loss or nonaccrual without related expected credit loss disaggregated by class of financing receivables and other non-performing assets is as follows: Non-accrual loans as of (1) : Non-accrual loans with no allowance Interest Income recognized on nonaccrual loans (in thousands) June 30, 2020 December 31, 2019 June 30, 2020 June 30, 2020 Non-accrual loans: Commercial: CRE $ 110,814 $ 83,117 $ 62,960 $ — C&I 92,895 153,428 40,875 — Multifamily 60,188 5,112 45,460 — Other commercial 16,440 31,987 5,790 — Total commercial loans 280,337 273,644 155,085 — Consumer: Residential mortgages 147,931 134,957 77,568 — Home equity loans and lines of credit 110,917 107,289 41,415 — RICs and auto loans 903,290 1,643,459 187,368 62,572 Personal unsecured loans 2,801 2,212 367 — Other consumer 10,161 11,491 81 — Total consumer loans 1,175,100 1,899,408 306,799 62,572 Total non-accrual loans 1,455,437 2,173,052 461,884 62,572 OREO 53,258 66,828 — — Repossessed vehicles 131,309 212,966 — — Foreclosed and other repossessed assets 2,268 4,218 — — Total OREO and other repossessed assets 186,835 284,012 — — Total non-performing assets $ 1,642,272 $ 2,457,064 $ 461,884 $ 62,572 (1) The December 31, 2019 table includes balances based on recorded investment. Differences between amortized cost and UPB were not material
Aging Analysis of Loan Portfolio	The age of amortized cost 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, 2020 (in thousands) 30-89 90 Total Current Total Amortized Cost Commercial: CRE (1) $ 103,448 $ 89,702 $ 193,150 $ 8,311,839 $ 8,504,989 $ — C&I (2) 36,285 62,934 99,219 18,168,280 18,267,499 — Multifamily (3) 37,575 7,164 44,739 8,564,614 8,609,353 — Other commercial 56,345 7,763 64,108 7,127,466 7,191,574 107 Consumer: Residential mortgages (4) 96,234 118,981 215,215 8,258,779 8,473,994 — Home equity loans and lines of credit 44,406 78,839 123,245 4,391,435 4,514,680 — RICs and auto loans (5) 1,861,286 277,184 2,138,470 36,864,123 39,002,593 — Personal unsecured loans (6) 53,540 75,954 129,494 1,769,282 1,898,776 67,045 Other consumer 9,414 8,212 17,626 252,111 269,737 — Total $ 2,298,533 $ 726,733 $ 3,025,266 $ 93,707,929 $ 96,733,195 $ 67,152 (1) CRE loans includes $1.1 billion of LHFS at June 30, 2020. (2) C&I loans includes $603.0 million of LHFS at June 30, 2020. (3) Multifamily loans includes $46.5 million of LHFS at June 30, 2020. (4) Residential mortgages includes $1.0 billion of LHFS at June 30, 2020. (5) Personal unsecured loans includes $1.0 billion of LHFS at June 30, 2020. (6) RICs and auto loans includes $1.6 billion of LHFS at June 30, 2020. As of December 31, 2019 (in thousands) 30-89 90 Total Current Total Recorded Commercial: CRE $ 51,472 $ 65,290 $ 116,762 $ 8,351,261 $ 8,468,023 $ — C&I (1) 55,957 84,640 140,597 16,510,391 16,650,988 — Multifamily 10,456 3,704 14,160 8,627,044 8,641,204 — Other commercial 61,973 6,352 68,325 7,322,469 7,390,794 — Consumer: Residential mortgages (2) 154,978 128,578 283,556 8,848,971 9,132,527 — Home equity loans and lines of credit 45,417 75,972 121,389 4,648,955 4,770,344 — RICs and auto loans 4,364,110 404,723 4,768,833 31,687,914 36,456,747 — Personal unsecured loans (3) 85,277 102,572 187,849 2,110,803 2,298,652 93,102 Other consumer 11,375 7,479 18,854 297,530 316,384 — Total $ 4,841,015 $ 879,310 $ 5,720,325 $ 88,405,338 $ 94,125,663 $ 93,102 (1) C&I loans included $116.3 million of LHFS at December 31, 2019. (2) Residential mortgages included $296.8 million of LHFS at December 31, 2019. (3) Personal unsecured loans included $1.0 billion of LHFS at December 31, 2019.
Schedule of Financing Receivable by LTV	110% — — — — — 110 110 — LTV - N/A (2) 5,641 14,130 17,593 16,764 12,846 81,025 147,999 — <600 LTV <= 70% $ 75 $ 1,286 $ 6,233 $ 12,651 $ 15,838 $ 136,418 $ 172,501 $ 160,821 70.01-90% 241 1,278 5,542 4,257 1,891 14,164 27,373 25,973 90.01-110% — — — — — 3,242 3,242 2,898 LTV>110% — — — — — 3,529 3,529 3,354 LTV - N/A (2) — — — 15 — 531 546 — 600-639 LTV <= 70% $ 456 $ 3,750 $ 9,002 $ 11,382 $ 11,945 $ 108,247 $ 144,782 $ 141,223 70.01-90% 282 3,405 4,205 4,563 930 13,831 27,216 26,716 90.01-110% — — — — — 2,735 2,735 2,572 LTV>110% — — — — — 1,322 1,322 1,268 LTV - N/A (2) — — — — — 41 41 — 640-679 LTV <= 70% $ 3,161 $ 14,182 $ 21,111 $ 24,409 $ 22,616 $ 162,386 $ 247,865 $ 244,981 70.01-90% 2,964 11,209 15,972 8,636 4,137 20,601 63,519 63,621 90.01-110% — 49 — — — 6,038 6,087 5,593 LTV>110% 49 — — — — 2,871 2,920 2,864 LTV - N/A (2) — 96 — — — 108 204 — 680-719 LTV <= 70% $ 16,884 $ 30,602 $ 45,671 $ 50,892 $ 52,600 $ 275,868 $ 472,517 $ 465,016 70.01-90% 7,604 25,255 28,220 23,606 5,556 31,641 121,882 122,310 90.01-110% 145 — — — — 11,398 11,543 11,211 LTV>110% — — 228 — — 4,956 5,184 4,863 LTV - N/A (2) 41 — — — — 81 122 — 720-759 LTV <= 70% $ 23,514 $ 51,429 $ 69,467 $ 75,952 $ 70,675 $ 376,303 $ 667,340 $ 658,903 70.01-90% 13,548 33,229 40,610 31,839 7,607 38,422 165,255 164,950 90.01-110% — 133 4 — — 12,751 12,888 11,664 LTV>110% — — — — — 10,310 10,310 9,922 LTV - N/A (2) 311 72 — 65 — 157 605 — >=760 LTV <= 70% $ 64,081 $ 145,116 $ 185,988 $ 183,811 $ 164,397 $ 988,605 $ 1,731,998 $ 1,706,323 70.01-90% 29,373 76,230 81,349 54,257 17,771 104,747 363,727 365,233 90.01-110% 289 85 — — — 25,698 26,072 25,224 LTV>110% 426 79 — — — 14,287 14,792 14,209 LTV - N/A (2) 333 264 132 70 — 440 1,239 — Total - All FICO Bands LTV <= 70% $ 108,174 $ 246,371 $ 337,600 $ 359,129 $ 339,850 $ 2,087,511 $ 3,478,635 $ 3,385,649 LTV 70.01 - 90% 54,012 150,626 175,898 127,338 38,590 236,201 782,665 769,006 LTV 90.01 - 110% 434 267 4 — — 63,752 64,457 59,162 LTV>110% 475 79 228 — — 37,385 38,167 36,480 LTV - N/A (2) 6,326 14,562 17,725 16,914 12,846 82,383 150,756 — Grand Total $ 169,421 $ 411,905 $ 531,455 $ 503,381 $ 391,286 $ 2,507,232 $ 4,514,680 $ 4,250,297 (1) - (4) Refer to corresponding notes above. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Residential Mortgages (1)(3) December 31, 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) $ 92,052 $ 4,654 $ 534 $ — $ — $ — $ — $ 97,240 <600 33 180,465 48,344 36,401 27,262 1,518 2,325 296,348 600-639 31 122,675 45,189 34,690 37,358 636 1,108 241,687 640-679 1,176 263,781 89,179 78,215 87,067 946 1,089 521,453 680-719 7,557 511,018 219,766 132,076 155,857 1,583 2,508 1,030,365 720-759 14,427 960,290 413,532 195,335 191,850 1,959 3,334 1,780,727 >=760 36,621 3,324,285 938,368 353,989 203,665 3,673 7,281 4,867,882 Grand Total $ 151,897 $ 5,367,168 $ 1,754,912 $ 830,706 $ 703,059 $ 10,315 $ 17,645 $ 8,835,702 (1) Excludes LHFS. (2) Residential mortgages 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) The ALLL 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. Home Equity Loans and Lines of Credit (2) December 31, 2019 N/A (1) LTV<=70% 70.01-90% 90.01-110% LTV>110% Grand Total FICO Score N/A (1) $ 176,138 $ 189 $ 153 $ — $ — $ 176,480 <600 824 215,977 66,675 11,467 4,459 299,402 600-639 1,602 147,089 34,624 4,306 3,926 191,547 640-679 9,964 264,021 78,645 8,079 3,626 364,335 680-719 17,120 478,817 146,529 12,558 9,425 664,449 720-759 25,547 665,647 204,104 12,606 10,857 918,761 >=760 61,411 1,639,702 408,812 30,259 15,186 2,155,370 Grand Total $ 292,606 $ 3,411,442 $ 939,542 $ 79,275 $ 47,479 $ 4,770,344 (1) Excludes LHFS. (2) 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) The ALLL 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-B8" xml:space="preserve">Residential mortgage and home equity financing receivables by LTV and FICO range are summarized as follows: As of June 30, 2020 Residential Mortgages (1)(3) (dollars in thousands) Amortized Cost by Origination Year FICO Score 2020 (4) 2019 2018 2017 2016 Prior Grand Total N/A (2) LTV <= 70% $ — $ — $ 527 $ 508 $ — $ 23,846 $ 24,881 70.01-80% — — — — 456 21,153 21,609 80.01-90% — — — — — 1,888 1,888 90.01-100% — — — — — 1,285 1,285 100.01-110% — — — — — 205 205 LTV>110% — — — — — 423 423 LTV - N/A (2) 4,105 13,129 7,694 9,885 8,797 21,246 64,856 <600 LTV <= 70% $ 844 $ 2,469 $ 2,631 $ 17,153 $ 13,278 $ 131,518 $ 167,893 70.01-80% 824 5,175 5,104 5,562 5,112 12,978 34,755 80.01-90% — 5,273 12,828 5,073 252 2,080 25,506 90.01-100% — 8,130 — — 219 936 9,285 100.01-110% — — — — — 727 727 LTV>110% — — — — — 1,621 1,621 LTV - N/A(2) — — — — — 63 63 600-639 LTV <= 70% $ 2,686 $ 8,518 $ 10,572 $ 11,914 $ 14,745 $ 90,769 $ 139,204 70.01-80% 2,345 3,979 2,864 3,992 2,756 9,381 25,317 80.01-90% 459 6,397 8,444 3,680 — 1,277 20,257 90.01-100% 882 5,980 177 — — 719 7,758 100.01-110% — — — — — 785 785 LTV>110% — — — — — 1,228 1,228 LTV - N/A (2) — — — — — — — 640-679 LTV <= 70% $ 2,747 $ 18,935 $ 20,470 $ 31,462 $ 29,651 $ 131,277 $ 234,542 70.01-80% 4,467 22,995 11,654 7,759 3,952 7,114 57,941 80.01-90% 1,243 8,453 18,079 6,358 — 1,731 35,864 90.01-100% 2,512 14,658 194 — — 1,213 18,577 100.01-110% — — — — — 570 570 LTV>110% — — — — — 441 441 LTV - N/A (2) — — — — — 38 38 680-719 LTV <= 70% $ 19,353 $ 47,345 $ 40,864 $ 77,285 $ 61,120 $ 226,123 $ 472,090 70.01-80% 19,074 56,309 28,699 16,310 9,506 6,846 136,744 80.01-90% 2,520 19,942 28,010 6,190 137 3,349 60,148 90.01-100% 12,423 36,127 325 — — 1,487 50,362 100.01-110% — — — — — 566 566 LTV>110% — — — — — 492 492 LTV - N/A(2) 231 — — — — 80 311 720-759 LTV <= 70% $ 53,791 $ 97,325 $ 89,547 $ 173,393 $ 139,901 $ 344,344 $ 898,301 70.01-80% 41,227 100,520 60,188 21,464 12,614 8,215 244,228 80.01-90% 6,824 48,682 52,732 13,132 224 2,124 123,718 90.01-100% 21,757 52,828 — 13 — 538 75,136 100.01-110% — — — — — 592 592 LTV>110% — — — — — 820 820 LTV - N/A (2) 499 — — — — 237 736 >=760 LTV <= 70% $ 147,498 $ 377,193 $ 249,148 $ 624,069 $ 682,579 $ 1,324,440 $ 3,404,927 70.01-80% 89,572 356,464 148,998 79,307 28,609 16,725 719,675 80.01-90% 12,902 129,572 87,007 24,838 158 5,011 259,488 90.01-100% 22,395 65,665 — — 95 4,371 92,526 100.01-110% — — — — 77 276 353 LTV>110% — — — — 93 2,727 2,820 LTV - N/A (2) 156 1,102 — — — 320 1,578 Total - All FICO Bands LTV <= 70% $ 226,919 $ 551,785 $ 413,759 $ 935,784 $ 941,274 $ 2,272,317 $ 5,341,838 70.01-80% 157,509 545,442 257,507 134,394 63,005 82,412 1,240,269 80.01-90% 23,948 218,319 207,100 59,271 771 17,460 526,869 90.01-100% 59,969 183,388 696 13 314 10,549 254,929 100.01-110% — — — — 77 3,721 3,798 LTV>110% — — — — 93 7,752 7,845 LTV - N/A (2) 4,991 14,231 7,694 9,885 8,797 21,984 67,582 Grand Total $ 473,336 $ 1,513,165 $ 886,756 $ 1,139,347 $ 1,014,331 $ 2,416,195 $ 7,443,130 (1) Excludes LHFS. (2) Balances in the "N/A" range for LTV or FICO score primarily represent loans serviced by others, in run-off portfolios or for which a current LTV or FICO score is unavailable. (3) The ALLL model considers LTV for financing receivables in first lien position and CLTV for financing receivables in second lien position for the Company. (4) Loans originated during the six-months ended June 30, 2020. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) As of June 30, 2020 Home Equity Loans and Lines of Credit (2) (in thousands) Amortized Cost by Origination Year FICO Score 2020 (4) 2019 2018 2017 2016 Prior Total Revolving N/A (2) LTV <= 70% $ 3 $ 6 $ 128 $ 32 $ 1,779 $ 39,684 $ 41,632 $ 8,382 70.01-90% — 20 — 180 698 12,795 13,693 203 90.01-110% — — — — — 1,890 1,890 — LTV>110% — — — — — 110 110 — LTV - N/A (2) 5,641 14,130 17,593 16,764 12,846 81,025 147,999 — <600 LTV <= 70% $ 75 $ 1,286 $ 6,233 $ 12,651 $ 15,838 $ 136,418 $ 172,501 $ 160,821 70.01-90% 241 1,278 5,542 4,257 1,891 14,164 27,373 25,973 90.01-110% — — — — — 3,242 3,242 2,898 LTV>110% — — — — — 3,529 3,529 3,354 LTV - N/A (2) — — — 15 — 531 546 — 600-639 LTV <= 70% $ 456 $ 3,750 $ 9,002 $ 11,382 $ 11,945 $ 108,247 $ 144,782 $ 141,223 70.01-90% 282 3,405 4,205 4,563 930 13,831 27,216 26,716 90.01-110% — — — — — 2,735 2,735 2,572 LTV>110% — — — — — 1,322 1,322 1,268 LTV - N/A (2) — — — — — 41 41 — 640-679 LTV <= 70% $ 3,161 $ 14,182 $ 21,111 $ 24,409 $ 22,616 $ 162,386 $ 247,865 $ 244,981 70.01-90% 2,964 11,209 15,972 8,636 4,137 20,601 63,519 63,621 90.01-110% — 49 — — — 6,038 6,087 5,593 LTV>110% 49 — — — — 2,871 2,920 2,864 LTV - N/A (2) — 96 — — — 108 204 — 680-719 LTV <= 70% $ 16,884 $ 30,602 $ 45,671 $ 50,892 $ 52,600 $ 275,868 $ 472,517 $ 465,016 70.01-90% 7,604 25,255 28,220 23,606 5,556 31,641 121,882 122,310 90.01-110% 145 — — — — 11,398 11,543 11,211 LTV>110% — — 228 — — 4,956 5,184 4,863 LTV - N/A (2) 41 — — — — 81 122 — 720-759 LTV <= 70% $ 23,514 $ 51,429 $ 69,467 $ 75,952 $ 70,675 $ 376,303 $ 667,340 $ 658,903 70.01-90% 13,548 33,229 40,610 31,839 7,607 38,422 165,255 164,950 90.01-110% — 133 4 — — 12,751 12,888 11,664 LTV>110% — — — — — 10,310 10,310 9,922 LTV - N/A (2) 311 72 — 65 — 157 605 — >=760 LTV <= 70% $ 64,081 $ 145,116 $ 185,988 $ 183,811 $ 164,397 $ 988,605 $ 1,731,998 $ 1,706,323 70.01-90% 29,373 76,230 81,349 54,257 17,771 104,747 363,727 365,233 90.01-110% 289 85 — — — 25,698 26,072 25,224 LTV>110% 426 79 — — — 14,287 14,792 14,209 LTV - N/A (2) 333 264 132 70 — 440 1,239 — Total - All FICO Bands LTV <= 70% $ 108,174 $ 246,371 $ 337,600 $ 359,129 $ 339,850 $ 2,087,511 $ 3,478,635 $ 3,385,649 LTV 70.01 - 90% 54,012 150,626 175,898 127,338 38,590 236,201 782,665 769,006 LTV 90.01 - 110% 434 267 4 — — 63,752 64,457 59,162 LTV>110% 475 79 228 — — 37,385 38,167 36,480 LTV - N/A (2) 6,326 14,562 17,725 16,914 12,846 82,383 150,756 — Grand Total $ 169,421 $ 411,905 $ 531,455 $ 503,381 $ 391,286 $ 2,507,232 $ 4,514,680 $ 4,250,297 (1) - (4) Refer to corresponding notes above. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Residential Mortgages (1)(3) December 31, 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) $ 92,052 $ 4,654 $ 534 $ — $ — $ — $ — $ 97,240 <600 33 180,465 48,344 36,401 27,262 1,518 2,325 296,348 600-639 31 122,675 45,189 34,690 37,358 636 1,108 241,687 640-679 1,176 263,781 89,179 78,215 87,067 946 1,089 521,453 680-719 7,557 511,018 219,766 132,076 155,857 1,583 2,508 1,030,365 720-759 14,427 960,290 413,532 195,335 191,850 1,959 3,334 1,780,727 >=760 36,621 3,324,285 938,368 353,989 203,665 3,673 7,281 4,867,882 Grand Total $ 151,897 $ 5,367,168 $ 1,754,912 $ 830,706 $ 703,059 $ 10,315 $ 17,645 $ 8,835,702 (1) Excludes LHFS. (2) Residential mortgages 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) The ALLL 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. Home Equity Loans and Lines of Credit (2) December 31, 2019 N/A (1) LTV<=70% 70.01-90% 90.01-110% LTV>110% Grand Total FICO Score N/A (1) $ 176,138 $ 189 $ 153 $ — $ — $ 176,480 <600 824 215,977 66,675 11,467 4,459 299,402 600-639 1,602 147,089 34,624 4,306 3,926 191,547 640-679 9,964 264,021 78,645 8,079 3,626 364,335 680-719 17,120 478,817 146,529 12,558 9,425 664,449 720-759 25,547 665,647 204,104 12,606 10,857 918,761 >=760 61,411 1,639,702 408,812 30,259 15,186 2,155,370 Grand Total $ 292,606 $ 3,411,442 $ 939,542 $ 79,275 $ 47,479 $ 4,770,344 (1) Excludes LHFS. (2) 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) The ALLL 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, 2020 December 31, 2019 Performing $ 3,850,850 $ 3,646,354 Non-performing 449,245 673,777 Total (1) $ 4,300,095 $ 4,320,131 (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, 2020 and 2019: Three-Month Period Ended June 30, 2020 Number of Pre-TDR Amortized Cost (1) Post-TDR Amortized Cost (2) (dollars in thousands) Commercial: CRE 9 $ 13,047 $ 13,047 C&I 354 27,130 27,226 Multi-family 5 51,466 51,466 Other commercial 4 72 72 Consumer: Residential mortgages (3) 15 1,811 1,809 Home equity loans and lines of credit 22 2,693 2,939 RICs and auto loans 45,060 896,193 911,804 Personal unsecured loans 1 — — Other consumer 765 27,383 27,726 Total 46,235 $ 1,019,795 $ 1,036,089 Six-Month Period Ended June 30, 2020 Number of Pre-TDR Recorded Investment (1) Post-TDR Recorded Investment (2) (dollars in thousands) Commercial: CRE 11 $ 14,974 $ 14,974 C&I 389 27,965 28,063 Multi-family 5 51,466 51,466 Other commercial 5 117 117 Consumer: Residential mortgages (3) 28 3,672 3,814 Home equity loans and lines of credit 50 4,767 5,034 RICs and auto loans 54,855 1,072,573 1,088,570 Personal unsecured loans 2 — — Other consumer 798 28,575 28,908 Total 56,143 $ 1,204,109 $ 1,220,946 (1) Pre-TDR modification amount is the month-end balance prior to the month in which the modification occurred. (2) Post-TDR modification amount is the month-end balance for the month in which the modification occurred. (3) The post-TDR modification amounts for residential mortgages exclude interest reserves. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Three-Month Period Ended June 30, 2019 Number of Pre-TDR Recorded Investment (1) Post-TDR Recorded Investment (2) (dollars in thousands) Commercial: CRE 8 $ 423 $ 416 C&I 14 318 317 Consumer: Residential mortgages (3) 22 4,011 4,088 Home equity loans and lines of credit 35 2,863 3,181 RICs and auto loans 17,322 294,796 295,513 Personal unsecured loans 74 736 745 Other consumer 13 442 439 Total 17,488 $ 303,589 $ 304,699 Six-Month Period Ended June 30, 2019 Number of Pre-TDR Recorded Investment (1) Post-TDR Recorded Investment (2) (dollars in thousands) Commercial: CRE 25 $ 45,131 $ 46,230 C&I 38 938 938 Consumer: Residential mortgages (3) 48 7,524 7,758 Home equity loans and lines of credit 75 7,858 8,597 RICs and auto loans 37,171 624,938 626,273 Personal unsecured loans 125 1,307 1,313 Other consumer 19 625 621 Total 37,501 $ 688,321 $ 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. Three-Month Period Six-Month Period Ended June 30, 2020 2019 2020 2019 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 14 $ 2,909 1 $ 93 32 $ 5,114 2 $ 223 C&I 5 1,045 10 254 16 8,260 25 845 Other commercial — — — — 1 45 — — Consumer: Residential mortgages 22 3,640 26 2,826 30 4,880 79 7,628 Home equity loans and lines of credit 10 1,142 9 641 22 3,104 15 1,066 RICs and auto loans 2,000 31,441 5,326 89,749 6,076 100,437 12,885 215,071 Personal unsecured loans — — 57 646 — — 117 1,180 Other consumer 35 1,519 — — 46 1,807 — — Total 2,086 $ 41,696 5,429 $ 94,209 6,223 $ 123,647 13,123 $ 226,013 (1) 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, 2020
Leases [Abstract]
Schedule of Operating Lease Assets, Net	Operating lease assets, net consisted of the following as of June 30, 2020 and December 31, 2019: (in thousands) June 30, 2020 December 31, 2019 Leased vehicles $ 21,854,377 $ 21,722,726 Less: accumulated depreciation (4,647,703) (4,159,944) Depreciated net capitalized cost 17,206,674 17,562,782 Manufacturer subvention payments, net of accretion (1,034,636) (1,177,342) Origination fees and other costs 67,584 76,542 Leased vehicles, net 16,239,622 16,461,982 Commercial equipment vehicles and aircraft, gross 28,916 41,154 Less: accumulated depreciation (5,685) (7,397) Commercial equipment vehicles and aircraft, net 23,231 33,757 Total operating lease assets, net (1) $ 16,262,853 $ 16,495,739
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, 2020 (in thousands): 2020 $ 1,439,765 2021 2,093,714 2022 974,427 2023 233,673 2024 4,072 Thereafter 7,817 Total $ 4,753,468

VIEs (Tables)

VIEs (Tables)	6 Months Ended
	Jun. 30, 2020
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, 2020 December 31, 2019 Assets Restricted cash $ 1,612,388 $ 1,629,870 Loans HFS 640,237 — Loans HFI 22,489,596 26,532,328 Operating lease assets, net 16,239,622 16,461,982 Various other assets 703,234 625,359 Total Assets $ 41,685,077 $ 45,249,539 Liabilities Notes payable $ 32,278,091 $ 34,249,851 Various other liabilities 101,067 188,093 Total Liabilities $ 32,379,158 $ 34,437,944
Summary of Cash Flows Received	A summary of the cash flows received from the consolidated Trusts for the three-month and six-month periods ended June 30, 2020 and 2019 is as follows: Three-Month Period Six-Month Period Ended June 30, (in thousands) 2020 2019 2020 2019 Assets securitized $ 3,887,075 $ 4,913,261 $ 10,562,806 $ 9,841,723 Net proceeds from new securitizations (1) $ 2,932,117 $ 3,794,437 $ 6,808,647 $ 7,757,055 Net proceeds from sale of retained bonds 1,526 99,999 55,993 117,305 Cash received for servicing fees (2) 246,545 289,634 493,288 497,959 Net distributions from Trusts (2) 621,708 1,078,665 1,557,381 1,671,434 Total cash received from Trusts $ 3,801,896 $ 5,262,735 $ 8,915,309 $ 10,043,753 (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, 2020 December 31, 2019 Related party SPAIN securitizations $ 1,639,063 $ 2,149,008 Third party SCART serviced securitizations 484,413 — Third party Chrysler Capital securitizations 127,108 259,197 Total serviced for other portfolio $ 2,250,584 $ 2,408,205
Summary Of Securitization Transactions	A summary of cash flows received from Trusts for the three-month and six-month periods ended June 30, 2020 and 2019, respectively, were as follows: Three-Month Period Ended Six-Month Period Ended June 30, (in thousands) 2020 2019 2020 2019 Receivables securitized (1) $ 512,286 $ — $ 512,286 $ — Net proceeds from new securitizations 460,086 — 460,086 — Cash received for servicing fees 5,079 9,357 11,258 19,608 Total cash received from Trusts $ 465,165 $ 9,357 $ 471,344 $ 19,608

GOODWILL AND OTHER INTANGIBLES

GOODWILL AND OTHER INTANGIBLES (Tables)	6 Months Ended
	Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The following table presents activity in the Company's goodwill by its reporting units for the six-month period ended June 30, 2020: (in thousands) CBB C&I CRE & VF CIB SC Total Goodwill at December 31, 2019 $ 1,880,304 $ 317,924 $ 1,095,071 $ 131,130 $ 1,019,960 $ 4,444,389 Impairment during the period (1,557,384) (290,844) — — — (1,848,228) Goodwill at June 30, 2020 $ 322,920 $ 27,080 $ 1,095,071 $ 131,130 $ 1,019,960 $ 2,596,161
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, 2020 December 31, 2019 (in thousands) Net Carrying Accumulated Net Carrying Accumulated Intangibles subject to amortization: Dealer networks $ 328,375 $ (251,625) $ 347,982 $ (232,018) Chrysler relationship 42,500 (96,250) 50,000 (88,750) Trade name 13,200 (4,800) 13,500 (4,500) Other intangibles 2,647 (54,526) 4,722 (52,450) Total intangibles subject to amortization $ 386,722 $ (407,201) $ 416,204 $ (377,718)
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) 2020 $ 58,661 $ 29,487 $ 29,174 2021 39,904 — 39,904 2022 39,901 — 39,901 2023 28,649 — 28,649 2024 24,792 — 24,792 Thereafter 224,302 — 224,302

OTHER ASSETS (Tables)

OTHER ASSETS (Tables)	6 Months Ended
	Jun. 30, 2020
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, 2020 and December 31, 2019: (in thousands) June 30, 2020 December 31, 2019 Operating lease ROU assets $ 603,876 $ 656,472 Deferred tax assets 766,392 503,681 Accrued interest receivable 711,900 545,148 Derivative assets at fair value 1,644,784 555,880 Other repossessed assets 133,577 217,184 Equity method investments 268,069 271,656 MSRs 90,231 132,683 OREO 53,258 66,828 Income tax receivables 196,596 272,699 Prepaid expense 344,547 352,331 Miscellaneous assets and receivables 714,442 629,654 Total other assets $ 5,527,672 $ 4,204,216
Maturity of Lease Liabilities	Supplemental balance sheet information related to leases was as follows: Maturity of Lease Liabilities at June 30, 2020 Total Operating leases (in thousands) 2020 $ 75,387 2021 132,623 2022 121,436 2023 106,528 2024 92,135 Thereafter 209,249 Total lease liabilities $ 737,358 Less: Interest (71,216) Present value of lease liabilities $ 666,142
Operating Lease Term, Rate and Other Information	Supplemental Balance sheet information June 30, 2020 December 31, 2019 Operating lease ROU assets $ 603,876 $ 656,472 Other liabilities 666,142 711,666 Weighted-average remaining lease term (years) 6.7 7.1 Weighted-average discount rate 3.1 % 3.1 % Six Months period ended Other Information June 30, 2020 June 30, 2019 (in thousands) Operating cash flows from operating leases (1) $ (72,177) $ (61,597) Leased assets obtained in exchange for new operating lease liabilities $ (19,001) $ 717,765 (1) Activity is included within the net change in other liabilities on the Consolidated SCF.

DEPOSITS AND OTHER CUSTOMER A_2

DEPOSITS AND OTHER CUSTOMER ACCOUNTS (Tables)	6 Months Ended
	Jun. 30, 2020
Deposits [Abstract]
Summary of Deposits and Other Customer Accounts	Deposits and other customer accounts are summarized as follows: June 30, 2020 December 31, 2019 (dollars in thousands) Balance Percent of total deposits Balance Percent of total deposits Interest-bearing demand deposits $ 11,804,834 16.0 % $ 10,301,133 15.3 % Non-interest-bearing demand deposits 19,228,541 26.0 % 14,922,974 22.2 % Savings 6,495,617 8.8 % 5,632,164 8.4 % Customer repurchase accounts 354,404 0.5 % 407,477 0.6 % Money market 30,551,312 41.2 % 26,687,677 39.6 % CDs 5,528,540 7.5 % 9,375,281 13.9 % Total deposits (1)(2) $ 73,963,248 100.0 % $ 67,326,706 100.0 % (1) Includes deposits held for sale of $4.7 billion and zero at June 30, 2020 and December 31, 2019, respectively. (2) Includes foreign deposits, as defined by the FRB, of $9.7 billion and $8.9 billion at June 30, 2020 and December 31, 2019, respectively.

BORROWINGS (Tables)

BORROWINGS (Tables)	6 Months Ended
	Jun. 30, 2020
Debt Disclosure [Abstract]
Schedule of Borrowings and Other Debt Obligation	The following table presents information regarding the Parent Company and its subsidiaries' borrowings and other debt obligations at the dates indicated: June 30, 2020 December 31, 2019 (dollars in thousands) Balance Effective Balance Effective Parent Company 2.65% senior notes due April 2020 $ — — % $ 999,502 2.82 % 4.45% senior notes due December 2021 604,629 4.61 % 604,172 4.61 % 3.70% senior notes due March 2022 849,155 3.74 % 849,465 3.74 % 3.40% senior notes due January 2023 996,665 3.54 % 996,043 3.54 % 3.50% senior notes due June 2024 996,238 3.60 % 995,797 3.60 % 4.50% senior notes due July 2025 1,096,787 4.56 % 1,096,508 4.56 % 4.40% senior notes due July 2027 1,049,820 4.40 % 1,049,813 4.40 % 2.88% senior notes due January 2024 (4) 750,000 2.88 % 750,000 2.88 % 5.83% senior notes due March 2023 (4) 500,000 5.83 % — — % 3.24% senior notes due November 2026 910,515 3.97 % 907,844 3.97 % 3.45% senior notes, due June 2025 994,329 3.58 % — — % Senior notes due September 2020 (2) 106,173 3.51 % 112,358 3.36 % Senior notes due June 2022 (1) 427,907 2.43 % 427,889 3.47 % Senior notes due January 2023 (3) 720,882 2.69 % 720,861 3.29 % Senior notes due July 2023 (3) 438,991 2.66 % 438,962 2.48 % Senior notes due April 2023 (3) 447,006 3.52 % — — % Short-term borrowing due within one year, with an affiliate 125,000 2.00 % — — % Subsidiaries 2.00% subordinated debt maturing through 2020 284 2.00 % 602 2.00 % Short-term borrowing due within one year, maturing July 2020 8,000 0.05 % 1,831 0.38 % Total Parent Company and subsidiaries' borrowings and other debt obligations $ 11,022,381 3.75 % $ 9,951,647 3.68 % (1) These notes bear interest at a rate equal to the three-month LIBOR plus 100 basis points per annum. (2) This note will bear interest at a rate equal to the three-month GBP LIBOR plus 105 basis points per annum. (3) This note will bear interest at a rate equal to the three-month LIBOR plus 110 basis points per annum. (4) These notes are with SHUSA's parent company, Santander. The following table presents information regarding the Bank's borrowings and other debt obligations at the dates indicated: June 30, 2020 December 31, 2019 (dollars in thousands) Balance Effective Balance Effective FHLB advances, maturing through May 2022 $ 5,400,000 1.14 % $ 7,035,000 2.15 % REIT preferred, callable May 2020 — — % 125,943 13.17 % Total Bank borrowings and other debt obligations $ 5,400,000 1.14 % $ 7,160,943 2.34 % The following tables present information regarding SC's credit facilities as of June 30, 2020 and December 31, 2019, respectively: June 30, 2020 (dollars in thousands) Balance Committed Amount Effective Assets Pledged Restricted Cash Pledged Warehouse line due March 2021 $ 46,445 $ 1,250,000 2.03 % $ 743,224 $ 1 Warehouse line due November 2021 428,120 500,000 1.94 % 406,684 — Warehouse line due July 2021 322,790 500,000 2.58 % 328,473 — Warehouse line due October 2021 509,577 2,100,000 2.43 % 1,234,913 17 Warehouse line due June 2021 325,683 500,000 2.23 % 442,349 — Warehouse line due January 2022 649,400 1,000,000 2.03 % 875,599 — Warehouse line due June 2021 377,600 600,000 2.27 % 199,388 1,684 Warehouse line due October 2021 (3) 152,000 1,500,000 4.28 % 136,639 — Warehouse line due October 2021 (1) 832,943 3,500,000 3.75 % 415,514 — Repurchase facility due October 2020 (2) 253,128 253,128 3.80 % 377,550 — Repurchase facility due September 2020 (2) 44,800 44,800 2.24 % 69,945 — Total facilities with third parties $ 3,942,486 $ 11,747,928 2.72 % $ 5,230,278 $ 1,702 Promissory note with Santander due June 2022 $ 2,000,000 $ 2,000,000 1.40 % $ — $ — Total facilities with related parties $ 2,000,000 $ 2,000,000 1.40 % $ — $ — Total SC revolving credit facilities $ 5,942,486 $ 13,747,928 2.28 % $ 5,230,278 $ 1,702 (1) This line is held exclusively for financing of Chrysler Capital leases. In April 2020, the commitment amount was reduced by $500 million. (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. (3) During the three months ended March 31, 2020 the Chrysler Finance Loan credit facility was reactivated with a $1 billion commitment. In April 2020, the commitment amount increased by $500 million. December 31, 2019 (dollars in thousands) Balance Committed Amount Effective Assets Pledged Restricted Cash Pledged Warehouse line due March 2021 $ 516,045 $ 1,250,000 3.10 % $ 734,640 $ 1 Warehouse line due November 2020 471,320 500,000 2.69 % 505,502 186 Warehouse line due July 2021 500,000 500,000 3.64 % 761,690 302 Warehouse line due October 2021 896,077 2,100,000 3.44 % 1,748,325 7 Warehouse line due June 2021 471,284 500,000 3.32 % 675,426 — Warehouse line due November 2020 970,600 1,000,000 2.57 % 1,353,305 — Warehouse line due June 2021 53,900 600,000 7.02 % 62,601 94 Warehouse line due October 2021 (1) 1,098,443 5,000,000 4.43 % 1,898,365 1,756 Repurchase facility due January 2020 (2) 273,655 273,655 3.80 % 377,550 — Repurchase facility due March 2020 (2) 100,756 100,756 3.04 % 151,710 — Repurchase facility due March 2020 (2) 47,851 47,851 3.15 % 69,945 — Total SC revolving credit facilities $ 5,399,931 $ 11,872,262 3.44 % $ 8,339,059 $ 2,346 The following tables present information regarding SC's secured structured financings as of June 30, 2020 and December 31, 2019, respectively: June 30, 2020 (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 2022 and May 2028 (1)(4) $ 17,858,305 $ 44,115,005 1.29% - 3.42% $ 22,498,984 $ 1,571,364 SC privately issued amortizing notes maturing on various dates between June 2022 and November 2026 (3) 9,634,154 10,597,563 1.28% - 3.90% 12,483,110 39,323 Total SC secured structured financings $ 27,492,459 $ 54,712,568 1.28% - 3.90% $ 34,982,094 $ 1,610,687 (1) Securitizations executed under Rule 144A of 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. (4) As of June 30, 2020, $4.5 million in secured structured financing is held by Santander. December 31, 2019 (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 February 2027 $ 18,807,773 $ 43,982,220 1.35% - 3.42% $ 24,697,158 $ 1,606,646 SC privately issued amortizing notes maturing on various dates between July 2019 and November 2026 9,334,112 10,397,563 1.05% - 3.90% 12,048,217 20,878 Total SC secured structured financings $ 28,141,885 $ 54,379,783 1.05% - 3.90% $ 36,745,375 $ 1,627,524

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME / (LOSS) (Tables)	6 Months Ended
	Jun. 30, 2020
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, 2020, and 2019, respectively. Total Other Total Accumulated Three-Month Period Ended June 30, 2020 March 31, 2020 June 30, 2020 (in thousands) Pretax Tax Net Activity Beginning Net Ending Change in accumulated OCI on cash flow hedge derivative financial instruments $ 4,230 $ 3,014 $ 7,244 Reclassification adjustment for net losses on cash flow hedge derivative financial instruments (1) 137 (33) 104 Net unrealized gains on cash flow hedge derivative financial instruments 4,367 2,981 7,348 $ 128,191 $ 7,348 $ 135,539 Change in unrealized gains on investments in debt securities AFS 4,716 (688) 4,028 Reclassification adjustment for (gains) included in net income/(expense) on debt securities AFS (2) (22,516) 3,285 (19,231) Net unrealized gains on investments in debt securities AFS (17,800) 2,597 (15,203) 183,443 (15,203) 168,240 Pension and post-retirement actuarial gain (3) 753 (193) 560 (44,653) 560 (44,093) As of June 30, 2020 $ (12,680) $ 5,385 $ (7,295) $ 266,981 $ (7,295) $ 259,686 Total OCI/(Loss) Total Accumulated Six-Month Period Ended June 30, 2020 December 31, 2019 June 30, 2020 (in thousands) Pretax Tax Net Activity Beginning Net Ending Change in accumulated OCI on cash flow hedge derivative financial instruments $ 214,924 $ (59,482) $ 155,442 Reclassification adjustment for net losses on cash flow hedge derivative financial instruments (1) 273 (62) 211 Net unrealized gains on cash flow hedge derivative financial instruments 215,197 (59,544) 155,653 $ (20,114) $ 155,653 $ 135,539 Change in unrealized gains on investments in debt securities 282,702 (67,363) 215,339 Reclassification adjustment for net (gains) included in net income/(expense) on debt securities AFS (2) (31,795) 7,576 (24,219) Net unrealized gains on investments in debt securities 250,907 (59,787) 191,120 (22,880) 191,120 168,240 Pension and post-retirement actuarial gain (3) 1,506 (386) 1,120 (45,213) 1,120 (44,093) As of June 30, 2020 $ 467,610 $ (119,717) $ 347,893 $ (88,207) $ 347,893 $ 259,686 (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 debt securities AFS. (3) Included in the computation of net periodic pension costs. NOTE 10. ACCUMULATED OTHER COMPREHENSIVE INCOME / (LOSS) (continued) 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 other comprehensive income 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 investment securities AFS 152,353 (37,266) 115,087 Reclassification adjustment for net (gains) included in net income/(expense) on non-OTTI securities (2) (2,379) 582 (1,797) Net unrealized (losses) on investment securities AFS 149,974 (36,684) 113,290 (154,263) 113,290 (40,973) Pension and post-retirement actuarial gain (4) 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 OCI/(Loss) 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 investment securities 273,730 (68,652) 205,078 Reclassification adjustment for net losses included in net income/(expense) on debt securities AFS (2) (379) 95 (284) Net unrealized gains on investment 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)

DERIVATIVES (Tables)

DERIVATIVES (Tables)	6 Months Ended
	Jun. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	Derivatives designated as accounting hedges at June 30, 2020 and December 31, 2019 included: (dollars in thousands) Notional Asset Liability Weighted Average Receive Rate Weighted Average Pay Weighted Average Life June 30, 2020 Cash flow hedges: Pay fixed — receive variable interest rate swaps $ 2,750,000 $ — $ 88,512 0.23 % 1.49 % 2.19 Pay variable - receive fixed interest rate swaps 7,070,000 194,232 — 1.41 % 0.18 % 2.19 Interest rate floor 3,950,000 56,194 — 1.75 % — % 0.84 Total $ 13,770,000 $ 250,426 $ 88,512 1.27 % 0.39 % 1.80 December 31, 2019 Cash flow hedges: Pay fixed — receive variable interest rate swaps $ 2,650,000 $ 2,807 $ 39,128 1.85 % 1.91 % 1.86 Pay variable - receive fixed interest rate swaps 7,570,000 7,462 29,209 1.43 % 1.73 % 2.39 Interest rate floor 3,800,000 18,762 — 0.19 % — % 1.28 Total $ 14,020,000 $ 29,031 $ 68,337 1.17 % 1.29 % 1.99
Schedule of Other Derivative Activities	Other derivative activities at June 30, 2020 and December 31, 2019 included: Notional Asset derivatives Liability derivatives (in thousands) June 30, 2020 December 31, 2019 June 30, 2020 December 31, 2019 June 30, 2020 December 31, 2019 Mortgage banking derivatives: Forward commitments to sell loans $ 549,805 $ 452,994 $ 51 $ 18 $ 3,483 $ 360 Interest rate lock commitments 322,558 167,423 16,435 3,042 — — Mortgage servicing 620,000 510,000 47,369 15,134 18,733 2,547 Total mortgage banking risk management 1,492,363 1,130,417 63,855 18,194 22,216 2,907 Customer-related derivatives: Swaps receive fixed 16,635,322 11,225,376 1,251,458 375,541 397 12,330 Swaps pay fixed 17,081,403 11,975,313 2,299 23,271 1,223,746 336,361 Other 3,637,631 3,532,959 7,507 3,457 14,760 4,848 Total customer-related derivatives 37,354,356 26,733,648 1,261,264 402,269 1,238,903 353,539 Other derivative activities: Foreign exchange contracts 3,700,790 3,724,007 42,671 33,749 35,118 34,428 Interest rate swap agreements 258,747 1,290,560 — — 17,797 11,626 Interest rate cap agreements 10,894,523 9,379,720 6,461 62,552 — — Options for interest rate cap agreements 10,894,523 9,379,720 — — 6,461 62,552 Other 691,071 1,087,986 20,709 10,536 25,876 13,025 Total $ 65,286,373 $ 52,726,058 $ 1,394,960 $ 527,300 $ 1,346,371 $ 478,077
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, 2020 and 2019: (in thousands) Three-Month Period Six-Month Period Ended June 30, Line Item 2020 2019 2020 2019 Derivative Activity (1) Cash flow hedges: Pay fixed-receive variable interest rate swaps Interest expense on borrowings $ (7,497) $ 13,842 $ (8,321) $ 26,782 Pay variable receive-fixed interest rate swap Interest income on loans 26,079 (11,250) 22,924 (22,698) Other derivative activities: Forward commitments to sell loans Miscellaneous income, net 7,741 (819) (3,090) 834 Interest rate lock commitments Miscellaneous income, net 1,395 1,495 13,392 1,794 Mortgage servicing Miscellaneous income, net 2,727 12,947 32,113 21,301 Customer-related derivatives Miscellaneous income, net 23,739 (2,291) 8,120 (16,350) Foreign exchange Miscellaneous income, net 1,783 6,044 12,805 29,977 Interest rate swaps, caps, and options Miscellaneous income, net (1,028) 5,421 (10,686) 7,866 Other Miscellaneous income, net (4,149) 843 (3,919) (368) (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, 2020 and December 31, 2019, respectively, is presented in the following tables: Offsetting of Financial Assets Gross Amounts Not Offset in the Consolidated Balance Sheets (in thousands) Gross Amounts of Recognized Assets Gross Amounts Offset in the Consolidated Balance Sheets Net Amounts of Assets Presented in the Consolidated Balance Sheets Collateral Received (3) Net Amount June 30, 2020 Cash flow hedges $ 250,427 $ — $ 250,427 $ 144,680 $ 105,747 Other derivative activities (1) 1,378,524 602 1,377,922 11,880 1,366,042 Total derivatives subject to a master netting arrangement or similar arrangement 1,628,951 602 1,628,349 156,560 1,471,789 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 16,435 — 16,435 — 16,435 Total Derivative Assets $ 1,645,386 $ 602 $ 1,644,784 $ 156,560 $ 1,488,224 December 31, 2019 Cash flow hedges $ 29,031 $ — $ 29,031 $ 17,790 $ 11,241 Other derivative activities (1) 524,258 435 523,823 51,437 472,386 Total derivatives subject to a master netting arrangement or similar arrangement 553,289 435 552,854 69,227 483,627 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 3,042 — 3,042 — 3,042 Total Derivative Assets $ 556,331 $ 435 $ 555,896 $ 69,227 $ 486,669 (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 re-hypothecate these instruments.
Offsetting of Financial Liabilities	Offsetting of Financial Liabilities Gross Amounts Not Offset in the Consolidated Balance Sheets (in thousands) Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Consolidated Balance Sheets Net Amounts of Liabilities Presented in the Consolidated Balance Sheets Collateral Pledged (3) Net Amount June 30, 2020 Cash flow hedges $ 88,512 $ — $ 88,512 $ 88,512 $ — Other derivative activities (1) 1,342,888 10,625 1,332,263 708,705 623,558 Total derivatives subject to a master netting arrangement or similar arrangement 1,431,400 10,625 1,420,775 797,217 623,558 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 3,483 — 3,483 2,800 683 Total Derivative Liabilities $ 1,434,883 $ 10,625 $ 1,424,258 $ 800,017 $ 624,241 December 31, 2019 Cash flow hedges $ 68,337 $ — $ 68,337 $ 68,337 $ — Other derivative activities (1) 477,717 9,406 468,311 436,301 32,010 Total derivatives subject to a master netting arrangement or similar arrangement 546,054 9,406 536,648 504,638 32,010 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 360 — 360 273 87 Total Derivative Liabilities $ 546,414 $ 9,406 $ 537,008 $ 504,911 $ 32,097 (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.

FAIR VALUE (Tables)

FAIR VALUE (Tables)	6 Months Ended
	Jun. 30, 2020
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, 2020 and December 31, 2019. (in thousands) Level 1 Level 2 Level 3 Balance at Level 1 Level 2 Level 3 Balance at Financial assets: U.S. Treasury securities $ — $ 1,521,795 $ — $ 1,521,795 $ — $ 4,090,938 $ — $ 4,090,938 Corporate debt — 98,486 — 98,486 — 139,713 — 139,713 ABS — 62,601 50,664 113,265 — 75,165 63,235 138,400 State and municipal securities — 5 — 5 — 9 — 9 MBS — 10,314,372 — 10,314,372 — 9,970,698 — 9,970,698 Investment in debt securities AFS (3) — 11,997,259 50,664 12,047,923 — 14,276,523 63,235 14,339,758 Other investments - trading securities — 19,766 — 19,766 379 718 — 1,097 RICs HFI (4) — — 72,862 72,862 — 17,634 84,334 101,968 LHFS (1)(5) — 241,250 — 241,250 — 289,009 — 289,009 MSRs (2) — — 88,674 88,674 — — 130,855 130,855 Other assets - derivatives (3) — 1,628,619 16,767 1,645,386 — 553,222 3,109 556,331 Total financial assets (6) $ — $ 13,886,894 $ 228,967 $ 14,115,861 $ 379 $ 15,137,106 $ 281,533 $ 15,419,018 Financial liabilities: Other liabilities - derivatives (3) — 1,428,086 6,797 1,434,883 — 543,560 2,854 546,414 Total financial liabilities $ — $ 1,428,086 $ 6,797 $ 1,434,883 $ — $ 543,560 $ 2,854 $ 546,414 (1) LHFS disclosed on the Condensed Consolidated Balance Sheets 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 $90.2 million and $132.7 million as of June 30, 2020 and December 31, 2019, 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 2 for the fair value of investment securities and to Note 11 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 $229.0 million of these financial assets were measured using model-based techniques, or Level 3 inputs, and represented approximately 1.6% of total assets measured at fair value on a recurring basis and approximately 0.2% of total consolidated assets.
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, 2020 and 2019, respectively, for those assets and liabilities measured at fair value on a recurring basis. Three-Month Period Ended June 30, 2020 Three-Month Period Ended June 30, 2019 (in thousands) Investments RICs HFI MSRs Derivatives, net Total Investments RICs HFI MSRs Derivatives, net Total Balances, beginning of period $ 62,827 $ 87,384 $ 97,697 $ 4,897 $ 252,805 $ 326,108 $ 114,809 $ 140,134 $ 1,252 $ 582,303 Losses in OCI (88) — — — (88) (830) — — — (830) Gains/(losses) in earnings — 4,059 (3,341) 4,990 5,708 — 3,405 (14,691) 599 (10,687) Additions/Issuances — — 2,521 — 2,521 — 2,079 8,206 — 10,285 Settlements (1) (12,075) (18,581) (8,203) 83 (38,776) (299) (16,100) (3,736) 88 (20,047) Balances, end of period $ 50,664 $ 72,862 $ 88,674 $ 9,970 $ 222,170 $ 324,979 $ 104,193 $ 129,913 $ 1,939 $ 561,024 Changes in unrealized gains (losses) included in earnings related to balances still held at end of period $ — $ 4,059 $ (3,341) $ 3,596 $ 4,314 $ — $ 3,405 $ (14,691) $ (896) $ (12,182) Six-Month Period Ended June 30, 2020 Six-Month Period Ended June 30, 2019 (in thousands) Investments RICs HFI MSRs Derivatives, net Total Investments RICs HFI MSRs Derivatives, net Total Balances, beginning of period $ 63,235 $ 84,334 $ 130,855 $ 255 $ 278,679 $ 327,199 $ 126,312 $ 149,660 $ 1,866 $ 605,037 Losses in OCI (2) (319) — — — (319) (1,502) — — — (1,502) Gains/(losses) in earnings — 6,950 (35,623) 9,550 (19,123) — 6,952 (23,937) (101) (17,086) Additions/Issuances — 2,512 6,423 — 8,935 — 2,079 11,103 — 13,182 Transfer from level 2 (3) — 17,634 — — 17,634 — — — — — Settlements (1) (12,252) (38,568) (12,981) 165 (63,636) (718) (31,150) (6,913) 174 (38,607) Balances, end of period $ 50,664 $ 72,862 $ 88,674 $ 9,970 $ 222,170 $ 324,979 $ 104,193 $ 129,913 $ 1,939 $ 561,024 Changes in unrealized gains (losses) included in earnings related to balances still held at end of period $ — $ 6,950 $ (35,623) $ (3,843) $ (32,516) $ — $ 6,952 $ (23,937) $ (1,895) $ (18,880) (1) Settlements include charge-offs, prepayments, paydowns and maturities. (2) Losses in OCI during the three-month period ended June 30, 2020 increased by $0.1 million from the prior reporting date of March 31, 2020. (3) The Company transferred RIC's from Level 2 to Level 3 during 2020 because the fair value for these assets cannot be determined by using readily observable inputs as of June 30, 2020. There were no other transfers into or out of Level 3 during the three-month and six-month periods ended June 30, 2020 and 2019.
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 $ — $ 52,195 $ 133,066 $ 185,261 $ — $ 133,640 $ 356,220 $ 489,860 Foreclosed assets — 8,693 40,665 49,358 — 17,168 51,080 68,248 Vehicle inventory — 294,156 — 294,156 — 346,265 — 346,265 LHFS (1)(2) — 103 5,198,011 5,198,114 — — 1,131,214 1,131,214 Auto loans impaired due to bankruptcy — 187,837 — 187,837 — 200,504 503 201,007 Goodwill — — 350,000 350,000 — — — — MSRs — — 7,318 7,318 — — 8,197 8,197
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 Six-Month Period Ended June 30, (in thousands) Statement of Operations Location 2020 2019 2020 2019 Impaired LHFI Credit loss expense $ 2,461 $ 479 $ 6,153 $ (6,113) Foreclosed assets Miscellaneous income, net (1) (1,171) (1,532) (3,121) (3,784) LHFS Miscellaneous income, net (1) (268,364) (104,365) (331,302) (172,038) Auto loans impaired due to bankruptcy Credit loss expense 4,953 (7,254) — (11,664) Goodwill impairment Impairment of goodwill (2) 1,848,228 — 1,848,228 — MSRs Miscellaneous income, net (1) (5) (182) (138) (355) (1) Gains are disclosed as positive numbers while losses are shown as a negative number regardless of the line item being affected. (2) In the period ended June 30, 2020, Goodwill totaling $2.2 billion was written down to its implied fair value of $350.0 million, resulting in a goodwill impairment charge of $1.8 billion.
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, 2020 and December 31, 2019, respectively: (dollars in thousands) Fair Value at June 30, 2020 Valuation Technique Unobservable Inputs Range Financial Assets: ABS Financing bonds $ 50,664 DCF Discount rate (1) 0.37% - 0.37% (0.37% ) RICs HFI 72,862 DCF CPR (2) 6.66 % Discount rate (3) 9.5% - 14.5% (12.01%) Recovery rate (4) 25% - 43% (41.96%) Personal LHFS (8) 808,405 Lower of market or Income approach Market participant view 65.00% - 70.00% Discount rate 20.00% - 30.00% Default rate 45.00% - 55.00% Net principal & interest payment rate 50.00% - 60.00% Loss severity rate 90.00% - 95.00% RICs HFS 1,637,194 DCF Discount rate 1.50% - 2.50% (2.00%) Default rate 1.00% - 2.00% (1.80%) Prepayment rate 10.00% - 20.00% (15.00%) Loss severity rate 50.00% - 60.00% (55.00%) MSRs (7) 88,674 DCF CPR (5) [0.00% - 28.71%] (16.96%) Discount rate (6) 9.43 % (1) Based on the applicable term and discount index. (2) Based on the analysis of available data from a comparable market securitization of similar assets. (3) Based on the cost of funding of debt issuance and recent historical equity yields. Weighted average amount was developed by weighting the associated relative unpaid principal balances. (4) Based on the average severity utilizing reported severity rates and loss severity utilizing available market data from a comparable securitized pool. Weighted average amount was developed by weighting the associated relative unpaid principal balances. (5) Average CPR projected from collateral stratified by loan type and note rate. Weighted average amount was developed by weighting the associated relative unpaid principal balances. (6) Average discount rate from collateral stratified by loan type and note rate. Weighted average amount was developed by weighting the associated relative unpaid principal balances. (7) Excludes MSR valued on a non-recurring basis for which we do not consider there to be significant unobservable assumptions. (8) Excludes non-significant Level 3 LHFS portfolios and LHFS associated with BSPR. The estimated fair value for personal LHFS (Bluestem) is calculated based on the lower of market participant view, a DCF analysis in which the Company uses significant unobservable inputs on key assumptions, and also considers the possible outcomes of the Bluestem bankruptcy process. NOTE 12. FAIR VALUE (continued) (dollars in thousands) Fair Value at December 31, 2019 Valuation Technique Unobservable Inputs Range Financial Assets: ABS Financing bonds $ 51,001 DCF Discount rate (1) 1.64% - 1.64% (1.64% ) Sale-leaseback securities 12,234 Consensus pricing (9) Offered quotes (10) 103.00 % RICs HFI 84,334 DCF CPR (2) 6.66 % Discount rate (3) 9.50% - 14.50% (13.16%) Recovery rate (4) 25% - 43% (41.12%) Personal LHFS (8) 1,007,105 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 (7) 130,855 DCF CPR (5) 7.83% - 100.00% (11.97%) Discount rate (6) 9.63 % (1), (2), (3), (4), (5), (6), (7), (8) - See corresponding footnotes to the June 30, 2020 Level 3 significant inputs table above. (9) 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.
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, 2020 December 31, 2019 (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 $ 11,085,206 $ 11,085,206 $ 11,085,206 $ — $ — $ 7,644,372 $ 7,644,372 $ 7,644,372 $ — $ — Investments in debt securities AFS 12,047,923 12,047,923 — 11,997,259 50,664 14,339,758 14,339,758 — 14,276,523 63,235 Investments in debt securities HTM 5,229,562 5,414,720 — 5,414,720 — 3,938,797 3,957,227 — 3,957,227 — Other investments (3) 769,766 769,766 — 769,766 — 1,097 1,097 379 718 — LHFI, net 84,181,092 88,368,326 — 52,195 88,316,131 89,059,251 90,490,760 — 1,142,998 89,347,762 LHFS 5,439,364 5,439,364 — 241,353 5,198,011 1,420,223 1,420,295 — 289,009 1,131,286 Restricted cash 5,189,766 5,189,766 5,189,766 — — 3,881,880 3,881,880 3,881,880 — — MSRs (1) 90,231 95,992 — — 95,992 132,683 139,052 — — 139,052 Derivatives 1,645,386 1,645,386 — 1,628,619 16,767 556,331 556,331 — 553,222 3,109 Financial liabilities: Deposits (2) 5,528,540 5,575,162 — 5,575,162 — 9,375,281 9,384,994 — 9,384,994 — Borrowings and other debt obligations 49,857,326 50,291,535 — 33,991,246 16,300,289 50,654,406 51,232,798 — 36,114,404 15,118,394 Derivatives 1,434,883 1,434,883 — 1,428,086 6,797 546,414 546,414 — 543,560 2,854 (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. (2) This line item excludes deposit liabilities with no defined or contractual maturities in accordance with ASU 2016-01. (3) This line item includes CDs with a maturity greater than 90 days and investments in trading securities.
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, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 (in thousands) Fair Value Aggregate UPB Difference Fair Value Aggregate UPB Difference LHFS (1) $ 241,250 $ 228,660 $ 12,590 $ 289,009 $ 284,111 $ 4,898 RICs HFI 72,862 79,249 (6,387) 101,968 113,863 (11,895) Nonaccrual loans 2,382 3,558 (1,176) 10,616 12,917 (2,301) (1) LHFS disclosed on the Condensed Consolidated Balance Sheets 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, 2020
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 Six-Month Period Ended June 30, (in thousands) 2020 2019 2020 2019 Non-interest income: Consumer and commercial fees $ 108,826 $ 146,499 $ 233,074 $ 279,517 Lease income 755,006 705,835 1,526,666 1,380,720 Miscellaneous income, net Mortgage banking income, net 17,038 13,908 33,127 22,723 BOLI 13,815 16,113 28,909 30,431 Capital market revenue 84,184 48,442 122,468 97,964 Net gain on sale of operating leases 23,145 48,479 50,096 72,490 Asset and wealth management fees 50,941 44,157 103,592 87,204 Loss on sale of non-mortgage loans (122,533) (83,916) (184,640) (151,373) Other miscellaneous (loss) / income, net (166,620) 21,088 (131,609) 38,376 Net gain on sale of investment securities 22,516 2,379 31,795 379 Total Non-interest income $ 786,318 $ 962,984 $ 1,813,478 $ 1,858,431
Disaggregation of Revenue from Contracts with Customers	The following table presents the Company's Non-interest income disaggregated by revenue source: Three-Month Period Six-Month Period Ended June 30, (in thousands) 2020 2019 2020 2019 Non-interest income: In-scope of revenue from contracts with customers: Depository services (1) $ 41,825 $ 60,115 $ 99,029 $ 116,282 Commission and trailer fees (2) 45,552 40,987 97,264 79,636 Interchange income, net (2) 15,599 17,851 31,919 32,963 Underwriting service fees (2) 49,200 27,249 75,407 50,792 Asset and wealth management fees (2) 26,271 37,077 69,291 73,997 Other revenue from contracts with customers (2) 15,504 11,895 38,592 20,379 Total in-scope of revenue from contracts with customers 193,951 195,174 411,502 374,049 Out-of-scope of revenue from contracts with customers: Consumer and commercial fees (3) 59,027 75,794 113,388 141,540 Lease income 755,006 705,835 1,526,666 1,380,720 Miscellaneous loss (3) (244,182) (16,198) (269,873) (38,257) Net gain/(loss) on sale of investment securities 22,516 2,379 31,795 379 Total out-of-scope of revenue from contracts with customers 592,367 767,810 1,401,976 1,484,382 Total non-interest income $ 786,318 $ 962,984 $ 1,813,478 $ 1,858,431 (1) Primarily recorded in the Company's Consolidated Statements of Operations within Consumer and commercial fees. (2) Primarily recorded in the Company's 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 Six-Month Period Ended June 30, (in thousands) 2020 2019 2020 2019 (1) Other expenses: Amortization of intangibles $ 14,744 $ 14,742 $ 29,487 $ 29,508 Deposit insurance premiums and other expenses 13,766 10,507 26,320 42,244 Loss on debt extinguishment 890 1,109 1,026 1,127 Other administrative expenses 111,655 122,644 199,485 258,529 Other miscellaneous expenses 8,327 11,502 21,409 14,828 Total Other expenses $ 149,382 $ 160,504 $ 277,727 $ 346,236 (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, A_2

COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Tables)	6 Months Ended
	Jun. 30, 2020
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, 2020 December 31, 2019 (in thousands) Commitments to extend credit $ 32,068,222 $ 30,685,478 Letters of credit 1,653,301 1,592,726 Commitments to sell loans 44,588 21,341 Unsecured revolving lines of credit 26,854 24,922 Recourse exposure on sold loans 53,389 53,667 Total commitments $ 33,846,354 $ 32,378,134
Summary of Liabilities for Commitments and Contingencies	The following table summarizes liabilities recorded for commitments and contingencies as of June 30, 2020 and December 31, 2019, all of which are included in Accounts payable and accrued expenses in the accompanying Condensed Consolidated Balance Sheets: Agreement or Legal Matter Commitment or Contingency June 30, 2020 December 31, 2019 (in thousands) Chrysler Agreement Revenue-sharing and gain/(loss), net-sharing payments $ (2,228) $ 12,132 Agreement with Bank of America Servicer performance fee 1,508 2,503 Agreement with CBP Loss-sharing payments 940 1,429 Other contingencies Consumer arrangements 12,300 1,991

BUSINESS SEGMENT INFORMATION (T

BUSINESS SEGMENT INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2020
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, 2020 CBB C&I CRE & VF CIB Other (2) SC (3) SC Purchase Price Adjustments (4) Eliminations (4) Total (in thousands) Net interest income $ 358,430 $ 70,034 $ 90,160 $ 42,457 $ (9,330) $ 984,745 $ (201) $ 2,495 $ 1,538,790 Non-interest income 71,373 12,221 2,157 90,398 (49,109) 667,242 3,168 (11,132) 786,318 Provision for/(release of) credit losses 186,714 36,568 14,252 15,314 (137,597) 861,896 226 — 977,373 Total expenses 1,955,547 337,287 29,736 62,424 121,796 919,626 9,804 (6,530) 3,429,690 Income/(loss) before income taxes (1,712,458) (291,600) 48,329 55,117 (42,638) (129,535) (7,063) (2,107) (2,081,955) Intersegment revenue/(expense) (1) 541 2,381 1,019 (3,941) — — — — — For the Six-Month Period Ended SHUSA Reportable Segments June 30, 2020 CBB C&I CRE & VF CIB (5) Other (2) SC (3) SC Purchase Price Adjustments (4) Eliminations (4) Total (in thousands) Net interest income $ 708,278 $ 127,853 $ 191,309 $ 79,376 $ 15,662 $ 1,996,152 $ (423) $ 6,559 $ 3,124,766 Non-interest income 154,926 25,952 5,350 140,550 65,244 1,441,074 5,021 (24,639) 1,813,478 Credit loss expense 352,184 71,178 63,387 33,455 (127,436) 1,769,783 432 — 2,162,983 Total expenses 2,340,820 387,037 58,681 124,923 291,186 1,803,423 19,593 (12,172) 5,013,491 Income/(loss) before income taxes (1,829,800) (304,410) 74,591 61,548 (82,844) (135,980) (15,427) (5,908) (2,238,230) Intersegment revenue/(expense) (1) 961 4,944 2,753 (8,658) — — — — — Total assets 24,052,719 7,048,220 19,567,288 12,419,110 41,997,755 47,268,695 — — 152,353,787 (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, with the exception of SIS, 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, which are presented 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. (5) Includes results and assets of SIS. NOTE 17. BUSINESS SEGMENT INFORMATION (continued) For the Three-Month Period Ended SHUSA Reportable Segments June 30, 2019 CBB 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 CBB C&I CRE & VF CIB (5) 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 Credit loss expense / (Recovery of) credit loss expense 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)- (5) Refer to corresponding notes above.

DESCRIPTION OF BUSINESS, BASI_3

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (General) (Details) - SC	Jun. 30, 2020
Noncontrolling Interest [Line Items]
Ownership percentage by parent	77.70%
Percentage owned by noncontrolling shareholders	22.30%

DESCRIPTION OF BUSINESS, BASI_4

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Intermediate Holding Company) (Details)	5 Months Ended
	Dec. 31, 2020USD ($)	Jun. 30, 2020USD ($)branchemployee	Dec. 31, 2019USD ($)	Jun. 30, 2019USD ($)
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Total assets		$ 152,353,787,000	$ 149,499,477,000	$ 143,910,431,000
Total liabilities		132,127,010,000	125,100,647,000
LHFS		241,300,000	289,000,000
Deposits held-for-sale		4,700,000,000	0
Commercial
Error Corrections and Prior Period Adjustments Restatement [Line Items]
LHFS		$ 1,800,000,000	$ 116,300,000
Santander BanCorp
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Number of bank branches | branch		27
Number of employees | employee		1,000
Total assets		$ 6,000,000,000
Total liabilities		4,800,000,000
Subsidiary
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Investments available-for-sale		1,200,000,000
LHFS		2,600,000,000
Deposits held-for-sale		4,700,000,000
Deferred tax liabilities, investments		39,000,000
Subsidiary | Forecast
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Sale of stock, consideration received on transaction	$ 1,100,000,000
Subsidiary | Commercial
Error Corrections and Prior Period Adjustments Restatement [Line Items]
LHFS		1,600,000,000
Subsidiary | Consumer
Error Corrections and Prior Period Adjustments Restatement [Line Items]
LHFS		$ 998,600,000

DESCRIPTION OF BUSINESS, BASI_5

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Recently Adopted Accounting Standards) (Details) - USD ($) $ in Thousands	Jun. 30, 2020		Mar. 31, 2020	Jan. 01, 2020	Dec. 31, 2019		Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing receivable, allowance for credit loss	$ 7,112,739	[1]	$ 6,623,736		$ 3,646,189	[1]	$ 3,783,833	$ 3,843,095	$ 3,897,130
Decrease in stockholders' equity	20,226,777		22,223,973		24,398,830		$ 24,504,820	$ 24,128,405	23,847,232
Deferred tax liabilities, net	$ (101,000)				(1,000,000)
Cumulative Effect, Period of Adoption, Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing receivable, allowance for credit loss					2,535,883
Decrease in stockholders' equity			$ (132)		$ (1,785,464)				$ 18,652
ASU 2016-13
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing receivable, allowance for credit loss				$ 2,500,000
Deferred tax liabilities, net				$ 700,000
[1]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At June 30, 2020 and December 31, 2019, LHFI included $22.5 billion and $26.5 billion, Operating leases assets, net included $16.2 billion and $16.5 billion, restricted cash inc luded $1.6 billion and $1.6 billion, other assets included $703.2 million and $625.4 million, Borrowings and other debt obligations included $32.3 billion and $34.2 billion, and Other liabilities included $101.1 million and $188.1 million of assets or liabilities that were included within VIEs, respectively. See Note 7 to these Condensed Consolidated Financial Statements for additional information.

INVESTMENT SECURITIES (AFS Debt

INVESTMENT SECURITIES (AFS Debt Securities) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 11,810,001	$ 14,347,346
Gross Unrealized Gains	240,894	42,380
Gross Unrealized Loss	(2,972)	(49,968)
Fair Value	12,047,923	14,339,758
U.S. Treasury securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	1,505,434	4,086,733
Gross Unrealized Gains	16,362	4,497
Gross Unrealized Loss	(1)	(292)
Fair Value	1,521,795	4,090,938
Corporate debt securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	98,389	139,696
Gross Unrealized Gains	110	39
Gross Unrealized Loss	(13)	(22)
Fair Value	98,486	139,713
ABS
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	113,611	138,839
Gross Unrealized Gains	983	1,034
Gross Unrealized Loss	(1,329)	(1,473)
Fair Value	113,265	138,400
State and municipal securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	5	9
Gross Unrealized Gains	0	0
Gross Unrealized Loss	0	0
Fair Value	5	9
GNMA - Residential
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	4,154,798	4,868,512
Gross Unrealized Gains	111,781	12,895
Gross Unrealized Loss	(161)	(16,066)
Fair Value	4,266,418	4,865,341
GNMA - Commercial
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	1,002,210	773,889
Gross Unrealized Gains	26,394	6,954
Gross Unrealized Loss	0	(1,785)
Fair Value	1,028,604	779,058
FHLMC and FNMA - Residential
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	4,866,733	4,270,426
Gross Unrealized Gains	78,804	14,296
Gross Unrealized Loss	(1,465)	(30,325)
Fair Value	4,944,072	4,254,397
FHLMC and FNMA - Commercial
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	68,821	69,242
Gross Unrealized Gains	6,460	2,665
Gross Unrealized Loss	(3)	(5)
Fair Value	$ 75,278	$ 71,902

INVESTMENT SECURITIES (HTM Debt

INVESTMENT SECURITIES (HTM Debt Securities) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	$ 5,229,562	$ 3,938,797
Gross Unrealized Gains	186,088	31,469
Gross Unrealized Loss	(930)	(13,039)
Fair Value	5,414,720	3,957,227
ABS
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	23,342	0
Gross Unrealized Gains	353	0
Gross Unrealized Loss	0	0
Fair Value	23,695	0
GNMA - Residential
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	2,319,089	1,948,025
Gross Unrealized Gains	62,751	11,354
Gross Unrealized Loss	(930)	(7,670)
Fair Value	2,380,910	1,951,709
GNMA - Commercial
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	2,887,131	1,990,772
Gross Unrealized Gains	122,984	20,115
Gross Unrealized Loss	0	(5,369)
Fair Value	$ 3,010,115	$ 2,005,518

INVESTMENT SECURITIES (Securiti

INVESTMENT SECURITIES (Securities Pledged as Collateral) (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged as collateral, fair value	$ 5,000,000,000	$ 7,500,000,000
Accrued interest on investment securities	40,400,000	46,000,000
AFS investment securities transferred to HTM investment securities	0	0
Collateral with Federal Reserve Bank
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged as collateral, fair value	359,200,000	2,700,000,000
Public fund deposits
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged as collateral, fair value	3,800,000,000	3,500,000,000
Repurchase agreements, hedging activities and recourse on loan sales
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged as collateral, fair value	129,700,000	148,500,000
Deposits with Clearing Organizations
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged as collateral, fair value	350,000,000	699,100,000
Overnight customer deposits
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged as collateral, fair value	$ 425,900,000	$ 461,900,000

INVESTMENT SECURITIES (Contract

INVESTMENT SECURITIES (Contractual Maturity of AFS Debt Securities) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Amortized Cost
Due within one year	$ 1,028,954
Due after 1 year but within 5 years	656,560
Due after 5 years but within 10 years	424,030
Due after 10 years	9,700,457
Amortized Cost	11,810,001	$ 14,347,346
Fair Value
Due within one year	1,033,024
Due after 1 year but within 5 years	671,008
Due after 5 years but within 10 years	439,653
Due after 10 years	9,904,238
Fair Value	$ 12,047,923	$ 14,339,758

INVESTMENT SECURITIES (Contra_2

INVESTMENT SECURITIES (Contractual Maturity of HTM Debt Securities) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Amortized Cost
Due within one year	$ 0
Due after 1 year but within 5 years	17,207
Due after 5 years but within 10 years	6,135
Due after 10 years	5,206,220
Amortized Cost	5,229,562	$ 3,938,797
Fair Value
Due within one year	0
Due after 1 year but within 5 years	17,307
Due after 5 years but within 10 years	6,388
Due after 10 years	5,391,025
Investments in debt securities HTM	$ 5,414,720	$ 3,957,227

INVESTMENT SECURITIES (Gross Un

INVESTMENT SECURITIES (Gross Unrealized Loss and Fair Value of AFS Debt Securities) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Fair Value
Less than 12 months	$ 755,910	$ 3,269,692
12 months or longer	93,894	2,903,310
Unrealized Losses
Less than 12 months	(1,286)	(12,994)
12 months or longer	(1,686)	(36,974)
U.S. Treasury securities
Fair Value
Less than 12 months	139,982	200,096
12 months or longer	0	499,883
Unrealized Losses
Less than 12 months	(1)	(167)
12 months or longer	0	(125)
Corporate debt securities
Fair Value
Less than 12 months	56,893	110,802
12 months or longer	0	0
Unrealized Losses
Less than 12 months	(13)	(22)
12 months or longer	0	0
ABS
Fair Value
Less than 12 months	12,779	27,662
12 months or longer	38,538	47,616
Unrealized Losses
Less than 12 months	(69)	(44)
12 months or longer	(1,260)	(1,429)
GNMA - Residential
Fair Value
Less than 12 months	21,157	2,053,763
12 months or longer	28,479	997,024
Unrealized Losses
Less than 12 months	(26)	(6,895)
12 months or longer	(135)	(9,171)
GNMA - Commercial
Fair Value
Less than 12 months	0	217,291
12 months or longer	0	14,300
Unrealized Losses
Less than 12 months	0	(1,756)
12 months or longer	0	(29)
FHLMC and FNMA - Residential
Fair Value
Less than 12 months	525,099	660,078
12 months or longer	26,452	1,344,057
Unrealized Losses
Less than 12 months	(1,177)	(4,110)
12 months or longer	(288)	(26,215)
FHLMC and FNMA - Commercial
Fair Value
Less than 12 months	0	0
12 months or longer	425	430
Unrealized Losses
Less than 12 months	0	0
12 months or longer	$ (3)	$ (5)

INVESTMENT SECURITIES (Gross _2

INVESTMENT SECURITIES (Gross Unrealized Loss and Fair Value of HTM Debt Securities) (Details) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Fair Value
Less than 12 months	$ 81,040	$ 1,290,503
12 months or longer	0	657,733
Unrealized Losses
Less than 12 months	(930)	(7,373)
12 months or longer	0	(5,666)
GNMA - Residential
Fair Value
Less than 12 months	81,040	559,058
12 months or longer	0	657,733
Unrealized Losses
Less than 12 months	(930)	(2,004)
12 months or longer	0	(5,666)
GNMA - Commercial
Fair Value
Less than 12 months	0	731,445
12 months or longer	0	0
Unrealized Losses
Less than 12 months	0	(5,369)
12 months or longer	$ 0	$ 0

INVESTMENT SECURITIES (Other-Th

INVESTMENT SECURITIES (Other-Than-Temporary Impairment) (Details)	6 Months Ended	12 Months Ended
	Jun. 30, 2020USD ($)security	Dec. 31, 2019USD ($)
Investments, Debt and Equity Securities [Abstract]
Other-than-temporary impairment loss, debt securities, available-for-sale, recognized in earnings | $	$ 0	$ 0
Number of securities in unrealized loss position | security	218

INVESTMENT SECURITIES (Gains (L

INVESTMENT SECURITIES (Gains (Losses) and Proceeds on Sale of Investment Securities) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Investments, Debt and Equity Securities [Abstract]
Proceeds from the sales of AFS securities	$ 631,459	$ 344,792	$ 1,553,560	$ 627,664
Gross realized gains	22,516	2,528	32,829	3,340
Gross realized losses	0	(149)	(1,034)	(2,961)
Net realized gains/(losses)	22,516	2,379	31,795	379
Net realized gains/(losses) on trading securities	$ 500	$ (12)	$ (900)	$ (300)

INVESTMENT SECURITIES (Schedule

INVESTMENT SECURITIES (Schedule of Other Investments) (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Qualitative and Quantitative Information, Transferor's Continuing Involvement [Line Items]
FHLB of Pittsburgh and FRB stock	$ 659,146,000	$ 716,615,000
LIHTC investments	285,932,000	265,271,000
Equity securities not held for trading	13,221,000	12,697,000
Interest-bearing deposits with an affiliate bank	750,000,000	0
Trading securities	19,766,000	1,097,000
Total	1,728,065,000	995,680,000
Off-balance Securitization Trusts
Qualitative and Quantitative Information, Transferor's Continuing Involvement [Line Items]
Equity securities not held for trading	$ 200,000	$ 0

INVESTMENT SECURITIES (Other In

INVESTMENT SECURITIES (Other Investments) (Details)	3 Months Ended	6 Months Ended
	Jun. 30, 2020USD ($)$ / shares	Jun. 30, 2020USD ($)$ / shares
Investments, Debt and Equity Securities [Abstract]
FHLB Stock, par value (in usd per share) | $ / shares	$ 100	$ 100
Purchases of FHLB stock	$ 2,900,000	$ 118,600,000
FHLB stock redeemed	$ 128,600,000	176,000,000
Gain (loss) on redemption of FHLB stock		0
Purchase of FRB stock		$ 0

LOANS AND ALLOWANCE FOR CREDI_3

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Narrative) (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2020		Jun. 30, 2020		Jun. 30, 2019	Mar. 31, 2020	Jan. 01, 2020	Dec. 31, 2019		Mar. 31, 2019	Dec. 31, 2018
Loans Receivable [Line Items]
Loans pledged as collateral		$ 56,100,000		$ 56,100,000					$ 53,900,000
LHFS	[1]	5,439,364		5,439,364					1,420,223
LHFS		241,300		241,300					289,000
Accrued interest receivable		711,900		711,900					545,148
Financing receivable, allowance for credit loss, period increase (decrease)		489,000		3,500,000
Financing receivable, allowance for credit loss		7,112,739	[2]	7,112,739	[2]	$ 3,783,833	$ 6,623,736		3,646,189	[2]	$ 3,843,095	$ 3,897,130
Financing receivable, allowance for credit loss, increase for business drivers				$ 542,000
Percentage of payment needed on past due loans for qualification				90.00%
TDRs, number of days past due after modification considered to have subsequently defaulted				90 days
Subsidiaries
Loans Receivable [Line Items]
LHFS		2,600,000		$ 2,600,000
SC | Chrysler Capital Loans
Loans Receivable [Line Items]
Loans purchased/originated				$ 7,300,000		$ 5,900,000
SC | Chrysler Capital Loans | Accounts Receivable | Credit Concentration Risk
Loans Receivable [Line Items]
Percentage of loan origination				62.00%		54.00%
Loans receivable
Loans Receivable [Line Items]
Accrued interest receivable		711,900		$ 711,900					497,700
Retail installment contracts
Loans Receivable [Line Items]
TDRs, number of days past due after modification considered to have subsequently defaulted				120 days
Consumer
Loans Receivable [Line Items]
Financing receivable, allowance for credit loss		6,031,617		$ 6,031,617		$ 3,290,007	$ 5,712,273		3,199,612		$ 3,348,356	$ 3,409,021
Consumer | Subsidiaries
Loans Receivable [Line Items]
LHFS		998,600		998,600
Consumer | Personal unsecured loans
Loans Receivable [Line Items]
LHFS		1,000,000		1,000,000					$ 1,000,000
Consumer | Retail installment contracts | Subsidiaries
Loans Receivable [Line Items]
LHFS		$ 1,600,000		1,600,000
COVID-19
Loans Receivable [Line Items]
Financing receivable, allowance for credit loss, reserves				$ 651,000
ASU 2016-13
Loans Receivable [Line Items]
Financing receivable, allowance for credit loss								$ 2,500,000
[1]	Includ es $241.3 million a nd $289.0 million of loans recorded at the FVO at June 30, 2020 and December 31, 2019, respectively.
[2]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At June 30, 2020 and December 31, 2019, LHFI included $22.5 billion and $26.5 billion, Operating leases assets, net included $16.2 billion and $16.5 billion, restricted cash inc luded $1.6 billion and $1.6 billion, other assets included $703.2 million and $625.4 million, Borrowings and other debt obligations included $32.3 billion and $34.2 billion, and Other liabilities included $101.1 million and $188.1 million of assets or liabilities that were included within VIEs, respectively. See Note 7 to these Condensed Consolidated Financial Statements for additional information.

LOANS AND ALLOWANCE FOR CREDI_4

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Loan and Lease Portfolio Composition) (Details) - USD ($) $ in Thousands		Jun. 30, 2020	Dec. 31, 2019
Loans Receivable [Line Items]
Total	[1],[2]	$ 91,293,831	$ 92,705,440
Loans held for investment with fixed rate of interest		61,109,094	61,775,942
Loans held for investment with variable rate of interest		$ 30,184,737	$ 30,929,498
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		66.90%	66.60%
Loans held for investment with variable rate of interest, percent of total loans		33.10%	33.40%
Net increase in loan balances		$ 3,100,000	$ 3,200,000
Commercial
Loans Receivable [Line Items]
Total		$ 40,819,642	$ 41,034,716
Loans held for investment, percent of total loans		44.70%	44.40%
Commercial | CRE loans
Loans Receivable [Line Items]
Total		$ 7,400,780	$ 8,468,023
Loans held for investment, percent of total loans		8.10%	9.10%
Commercial | C&I loans
Loans Receivable [Line Items]
Total		$ 17,664,463	$ 16,534,694
Loans held for investment, percent of total loans		19.30%	17.80%
Commercial | Multifamily loans
Loans Receivable [Line Items]
Total		$ 8,562,825	$ 8,641,204
Loans held for investment, percent of total loans		9.40%	9.30%
Commercial | Other commercial
Loans Receivable [Line Items]
Total		$ 7,191,574	$ 7,390,795
Loans held for investment, percent of total loans		7.90%	8.20%
Consumer
Loans Receivable [Line Items]
Total		$ 50,474,189	$ 51,670,724
Loans held for investment, percent of total loans		55.30%	55.60%
Consumer | Residential mortgages
Loans Receivable [Line Items]
Total		$ 7,443,130	$ 8,835,702
Consumer | Home equity loans and lines of credit
Loans Receivable [Line Items]
Total		4,514,680	4,770,344
Consumer | RICs and auto loans
Loans Receivable [Line Items]
Total		37,365,398	36,456,747
Consumer loans secured by real estate
Loans Receivable [Line Items]
Total		$ 11,957,810	$ 13,606,046
Loans held for investment, percent of total loans		13.10%	14.60%
Consumer loans secured by real estate | Residential mortgages
Loans Receivable [Line Items]
Total		$ 7,443,130	$ 8,835,702
Loans held for investment, percent of total loans		8.20%	9.50%
Consumer loans secured by real estate | Home equity loans and lines of credit
Loans Receivable [Line Items]
Total		$ 4,514,680	$ 4,770,344
Loans held for investment, percent of total loans		4.90%	5.10%
Consumer loans not secured by real estate | RICs and auto loans
Loans Receivable [Line Items]
Total		$ 37,365,398	$ 36,456,747
Loans held for investment, percent of total loans		40.90%	39.30%
Consumer loans not secured by real estate | Personal unsecured loans
Loans Receivable [Line Items]
Total		$ 881,244	$ 1,291,547
Loans held for investment, percent of total loans		1.00%	1.40%
Consumer loans not secured by real estate | Other consumer
Loans Receivable [Line Items]
Total		$ 269,737	$ 316,384
Loans held for investment, percent of total loans		0.30%	0.30%
[1]	LHFI includes $72.9 million and $102.0 million of loans recorded at fair value at June 30, 2020 and December 31, 2019, respectively.
[2]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At June 30, 2020 and December 31, 2019, LHFI included $22.5 billion and $26.5 billion, Operating leases assets, net included $16.2 billion and $16.5 billion, restricted cash inc luded $1.6 billion and $1.6 billion, other assets included $703.2 million and $625.4 million, Borrowings and other debt obligations included $32.3 billion and $34.2 billion, and Other liabilities included $101.1 million and $188.1 million of assets or liabilities that were included within VIEs, respectively. See Note 7 to these Condensed Consolidated Financial Statements for additional information.

LOANS AND ALLOWANCE FOR CREDI_5

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Rollforward of Allowance for Credit Losses) (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2020		Jun. 30, 2019	Jun. 30, 2020		Jun. 30, 2019
Allowance for Loan Losses [Roll Forward]
ALLL, beginning of period	$ 6,623,736		$ 3,843,095	$ 3,646,189	[1]	$ 3,897,130
Credit loss expense on loans	1,024,570		463,517	2,142,477		1,066,543
Charge-offs	(943,219)		(1,244,867)	(2,241,394)		(2,693,361)
Recoveries	407,652		722,088	1,029,584		1,513,521
Charge-offs, net of recoveries	(535,567)		(522,779)	(1,211,810)		(1,179,840)
ALLL, end of period	7,112,739	[1]	3,783,833	7,112,739	[1]	3,783,833
Reserve for Unfunded Lending Commitments Roll Forward [Roll Forward]
Reserve for unfunded lending commitments, beginning of period	169,940		92,685	91,826		95,500
Credit loss expense on unfunded lending commitments	(47,197)		(3,280)	20,506		(6,095)
Reserve for unfunded lending commitments, end of period	122,743		89,405	122,743		89,405
Total ACL, end of period	7,235,482		3,873,238	7,235,482		3,873,238
Cumulative Effect, Period of Adoption, Adjustment
Allowance for Loan Losses [Roll Forward]
ALLL, beginning of period				2,535,883
Reserve for Unfunded Lending Commitments Roll Forward [Roll Forward]
Reserve for unfunded lending commitments, beginning of period				10,411
Commercial
Allowance for Loan Losses [Roll Forward]
ALLL, beginning of period	911,463		447,991	399,829		441,086
Credit loss expense on loans	205,488		23,671	608,316		45,644
Charge-offs	(43,446)		(36,715)	(96,908)		(60,316)
Recoveries	7,617		12,131	18,295		20,664
Charge-offs, net of recoveries	(35,829)		(24,584)	(78,613)		(39,652)
ALLL, end of period	1,081,122		447,078	1,081,122		447,078
Reserve for Unfunded Lending Commitments Roll Forward [Roll Forward]
Reserve for unfunded lending commitments, beginning of period	140,631		86,563	85,934		89,472
Credit loss expense on unfunded lending commitments	(45,450)		(3,218)	(834)		(6,127)
Reserve for unfunded lending commitments, end of period	95,181		83,345	95,181		83,345
Total ACL, end of period	1,176,303		530,423	1,176,303		530,423
Commercial | Cumulative Effect, Period of Adoption, Adjustment
Allowance for Loan Losses [Roll Forward]
ALLL, beginning of period				151,590
Reserve for Unfunded Lending Commitments Roll Forward [Roll Forward]
Reserve for unfunded lending commitments, beginning of period				10,081
Consumer
Allowance for Loan Losses [Roll Forward]
ALLL, beginning of period	5,712,273		3,348,356	3,199,612		3,409,021
Credit loss expense on loans	819,082		439,846	1,534,161		1,020,899
Charge-offs	(899,773)		(1,208,152)	(2,144,486)		(2,632,770)
Recoveries	400,035		709,957	1,011,289		1,492,857
Charge-offs, net of recoveries	(499,738)		(498,195)	(1,133,197)		(1,139,913)
ALLL, end of period	6,031,617		3,290,007	6,031,617		3,290,007
Reserve for Unfunded Lending Commitments Roll Forward [Roll Forward]
Reserve for unfunded lending commitments, beginning of period	29,309		6,122	5,892		6,028
Credit loss expense on unfunded lending commitments	(1,747)		(62)	21,340		32
Reserve for unfunded lending commitments, end of period	27,562		6,060	27,562		6,060
Total ACL, end of period	6,059,179		3,296,067	6,059,179		3,296,067
Transfer of LHFI to LHFS			20,400			20,400
Consumer | Cumulative Effect, Period of Adoption, Adjustment
Allowance for Loan Losses [Roll Forward]
ALLL, beginning of period				2,431,041
Reserve for Unfunded Lending Commitments Roll Forward [Roll Forward]
Reserve for unfunded lending commitments, beginning of period				330
Unallocated
Allowance for Loan Losses [Roll Forward]
ALLL, beginning of period	0		46,748	46,748		47,023
Credit loss expense on loans	0		0	0		0
Charge-offs	0		0	0		(275)
Recoveries	0		0	0		0
Charge-offs, net of recoveries	0		0	0		(275)
ALLL, end of period	0		46,748	0		46,748
Reserve for Unfunded Lending Commitments Roll Forward [Roll Forward]
Reserve for unfunded lending commitments, beginning of period	0		0	0		0
Credit loss expense on unfunded lending commitments	0		0	0		0
Reserve for unfunded lending commitments, end of period	0		0	0		0
Total ACL, end of period	$ 0		$ 46,748	0		$ 46,748
Unallocated | Cumulative Effect, Period of Adoption, Adjustment
Allowance for Loan Losses [Roll Forward]
ALLL, beginning of period				(46,748)
Reserve for Unfunded Lending Commitments Roll Forward [Roll Forward]
Reserve for unfunded lending commitments, beginning of period				$ 0
[1]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At June 30, 2020 and December 31, 2019, LHFI included $22.5 billion and $26.5 billion, Operating leases assets, net included $16.2 billion and $16.5 billion, restricted cash inc luded $1.6 billion and $1.6 billion, other assets included $703.2 million and $625.4 million, Borrowings and other debt obligations included $32.3 billion and $34.2 billion, and Other liabilities included $101.1 million and $188.1 million of assets or liabilities that were included within VIEs, respectively. See Note 7 to these Condensed Consolidated Financial Statements for additional information.

LOANS AND ALLOWANCE FOR CREDI_6

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Non-accrual Loans) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Financing Receivable, Past Due [Line Items]
Non-accrual loans	$ 1,455,437	$ 2,173,052
Non-accrual loans with no allowance	461,884
Interest Income recognized on nonaccrual loans	62,572
Foreclosed and other repossessed assets	133,577	217,184
Nonperforming
Financing Receivable, Past Due [Line Items]
OREO	53,258	66,828
Repossessed vehicles	131,309	212,966
Foreclosed and other repossessed assets	2,268	4,218
Total OREO and other repossessed assets	186,835	284,012
Total non-performing assets	1,642,272	2,457,064
Commercial
Financing Receivable, Past Due [Line Items]
Non-accrual loans	280,337	273,644
Non-accrual loans with no allowance	155,085
Interest Income recognized on nonaccrual loans	0
Commercial | CRE
Financing Receivable, Past Due [Line Items]
Non-accrual loans	110,814	83,117
Non-accrual loans with no allowance	62,960
Interest Income recognized on nonaccrual loans	0
Commercial | C&I
Financing Receivable, Past Due [Line Items]
Non-accrual loans	92,895	153,428
Non-accrual loans with no allowance	40,875
Interest Income recognized on nonaccrual loans	0
Commercial | Multifamily
Financing Receivable, Past Due [Line Items]
Non-accrual loans	60,188	5,112
Non-accrual loans with no allowance	45,460
Interest Income recognized on nonaccrual loans	0
Commercial | Other commercial
Financing Receivable, Past Due [Line Items]
Non-accrual loans	16,440	31,987
Non-accrual loans with no allowance	5,790
Interest Income recognized on nonaccrual loans	0
Consumer
Financing Receivable, Past Due [Line Items]
Non-accrual loans	1,175,100	1,899,408
Non-accrual loans with no allowance	306,799
Interest Income recognized on nonaccrual loans	62,572
Consumer | Residential mortgages
Financing Receivable, Past Due [Line Items]
Non-accrual loans	147,931	134,957
Non-accrual loans with no allowance	77,568
Interest Income recognized on nonaccrual loans	0
Consumer | Home equity loans and lines of credit
Financing Receivable, Past Due [Line Items]
Non-accrual loans	110,917	107,289
Non-accrual loans with no allowance	41,415
Interest Income recognized on nonaccrual loans	0
Consumer | RICs and auto loans
Financing Receivable, Past Due [Line Items]
Non-accrual loans	903,290	1,643,459
Non-accrual loans with no allowance	187,368
Interest Income recognized on nonaccrual loans	62,572
Consumer | Personal unsecured loans
Financing Receivable, Past Due [Line Items]
Non-accrual loans	2,801	2,212
Non-accrual loans with no allowance	367
Interest Income recognized on nonaccrual loans	0
Consumer | Other consumer
Financing Receivable, Past Due [Line Items]
Non-accrual loans	10,161	$ 11,491
Non-accrual loans with no allowance	81
Interest Income recognized on nonaccrual loans	$ 0

LOANS AND ALLOWANCE FOR CREDI_7

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Age Analysis of Past Due Loans) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Financing Receivable, Past Due [Line Items]
Total Past Due	$ 3,025,266	$ 5,720,325
Current	93,707,929	88,405,338
Total	96,733,195	94,125,663
Recorded Investment Greater than 90 Days and Accruing	67,152	93,102
LHFS	241,300	289,000
30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	2,298,533	4,841,015
90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Past Due	726,733	879,310
Commercial
Financing Receivable, Past Due [Line Items]
Total	42,573,415	41,151,009
LHFS	1,800,000	116,300
Commercial | CRE
Financing Receivable, Past Due [Line Items]
Total Past Due	193,150	116,762
Current	8,311,839	8,351,261
Total	8,504,989	8,468,023
Recorded Investment Greater than 90 Days and Accruing	0	0
LHFS	1,100,000
Commercial | CRE | 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	103,448	51,472
Commercial | CRE | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Past Due	89,702	65,290
Commercial | C&I
Financing Receivable, Past Due [Line Items]
Total Past Due	99,219	140,597
Current	18,168,280	16,510,391
Total	18,267,499	16,650,988
Recorded Investment Greater than 90 Days and Accruing	0	0
LHFS	603,000
Commercial | C&I | 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	36,285	55,957
Commercial | C&I | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Past Due	62,934	84,640
Commercial | Multifamily
Financing Receivable, Past Due [Line Items]
Total Past Due	44,739	14,160
Current	8,564,614	8,627,044
Total	8,609,353	8,641,204
Recorded Investment Greater than 90 Days and Accruing	0	0
LHFS	46,500
Commercial | Multifamily | 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	37,575	10,456
Commercial | Multifamily | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Past Due	7,164	3,704
Commercial | Other commercial
Financing Receivable, Past Due [Line Items]
Total Past Due	64,108	68,325
Current	7,127,466	7,322,469
Total	7,191,574	7,390,794
Recorded Investment Greater than 90 Days and Accruing	107	0
Commercial | Other commercial | 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	56,345	61,973
Commercial | Other commercial | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Past Due	7,763	6,352
Consumer | Residential mortgages
Financing Receivable, Past Due [Line Items]
Total Past Due	215,215	283,556
Current	8,258,779	8,848,971
Total	8,473,994	9,132,527
Recorded Investment Greater than 90 Days and Accruing	0	0
LHFS	1,000,000	296,800
Consumer | Residential mortgages | 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	96,234	154,978
Consumer | Residential mortgages | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Past Due	118,981	128,578
Consumer | Home equity loans and lines of credit
Financing Receivable, Past Due [Line Items]
Total Past Due	123,245	121,389
Current	4,391,435	4,648,955
Total	4,514,680	4,770,344
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	44,406	45,417
Consumer | Home equity loans and lines of credit | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Past Due	78,839	75,972
Consumer | RICs and auto loans
Financing Receivable, Past Due [Line Items]
Total Past Due	2,138,470	4,768,833
Current	36,864,123	31,687,914
Total	39,002,593	36,456,747
Recorded Investment Greater than 90 Days and Accruing	0	0
LHFS	1,600,000
Consumer | RICs and auto loans | 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	1,861,286	4,364,110
Consumer | RICs and auto loans | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Past Due	277,184	404,723
Consumer | Personal unsecured loans
Financing Receivable, Past Due [Line Items]
Total Past Due	129,494	187,849
Current	1,769,282	2,110,803
Total	1,898,776	2,298,652
Recorded Investment Greater than 90 Days and Accruing	67,045	93,102
LHFS	1,000,000	1,000,000
Consumer | Personal unsecured loans | 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	53,540	85,277
Consumer | Personal unsecured loans | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Past Due	75,954	102,572
Consumer | Other consumer
Financing Receivable, Past Due [Line Items]
Total Past Due	17,626	18,854
Current	252,111	297,530
Total	269,737	316,384
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	9,414	11,375
Consumer | Other consumer | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Past Due	$ 8,212	$ 7,479

LOANS AND ALLOWANCE FOR CREDI_8

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Lending Asset Quality Indicators) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 96,733,195	$ 94,125,663
LHFS	241,300	289,000
Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
2020	7,347,547
2019	9,727,190
2018	8,215,548
2017	4,798,497
2016	3,170,278
Prior	9,314,355
Total	42,573,415	41,151,009
LHFS	1,800,000	116,300
Commercial | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2020	7,077,471
2019	9,033,763
2018	7,536,527
2017	4,244,959
2016	2,704,226
Prior	7,649,894
Total	38,246,840	37,758,696
Commercial | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
2020	30,477
2019	270,022
2018	381,228
2017	390,879
2016	278,143
Prior	1,008,691
Total	2,359,440	1,772,410
Commercial | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2020	36,884
2019	52,691
2018	198,022
2017	136,577
2016	158,903
Prior	580,958
Total	1,164,035	770,023
Commercial | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
2020	691
2019	0
2018	121
2017	3,988
2016	618
Prior	2,113
Total	7,531	85,129
Commercial | N/A
Financing Receivable, Credit Quality Indicator [Line Items]
2020	202,024
2019	370,714
2018	99,650
2017	22,094
2016	28,388
Prior	72,699
Total	795,569	764,751
Commercial | CRE
Financing Receivable, Credit Quality Indicator [Line Items]
2020	261,854
2019	1,326,064
2018	1,866,719
2017	1,498,336
2016	1,052,339
Prior	2,499,677
Total	8,504,989	8,468,023
LHFS	1,100,000
Commercial | CRE | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2020	260,691
2019	1,183,498
2018	1,746,022
2017	1,319,696
2016	853,268
Prior	1,964,698
Total	7,327,873	7,513,567
Commercial | CRE | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
2020	1,163
2019	125,290
2018	90,447
2017	146,761
2016	119,398
Prior	268,717
Total	751,776	508,133
Commercial | CRE | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2020	0
2019	17,276
2018	30,250
2017	31,879
2016	79,673
Prior	262,281
Total	421,359	379,199
Commercial | CRE | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
2020	0
2019	0
2018	0
2017	0
2016	0
Prior	306
Total	306	24,378
Commercial | CRE | N/A
Financing Receivable, Credit Quality Indicator [Line Items]
2020	0
2019	0
2018	0
2017	0
2016	0
Prior	3,675
Total	3,675	42,746
Commercial | C&I
Financing Receivable, Credit Quality Indicator [Line Items]
2020	4,813,691
2019	4,420,541
2018	3,471,104
2017	1,189,077
2016	810,834
Prior	3,562,252
Total	18,267,499	16,650,988
LHFS	603,000
Commercial | C&I | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2020	4,554,855
2019	3,893,807
2018	2,977,262
2017	977,492
2016	590,003
Prior	2,814,553
Total	15,807,972	14,816,669
Commercial | C&I | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
2020	19,708
2019	125,414
2018	232,373
2017	145,859
2016	123,415
Prior	431,816
Total	1,078,585	743,462
Commercial | C&I | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2020	36,413
2019	30,606
2018	161,818
2017	39,673
2016	68,624
Prior	245,123
Total	582,257	321,842
Commercial | C&I | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
2020	691
2019	0
2018	1
2017	3,959
2016	404
Prior	1,736
Total	6,791	47,010
Commercial | C&I | N/A
Financing Receivable, Credit Quality Indicator [Line Items]
2020	202,024
2019	370,714
2018	99,650
2017	22,094
2016	28,388
Prior	69,024
Total	791,894	722,005
Commercial | Multifamily
Financing Receivable, Credit Quality Indicator [Line Items]
2020	596,068
2019	2,100,902
2018	1,850,289
2017	1,419,773
2016	607,433
Prior	2,034,888
Total	8,609,353	8,641,204
LHFS	46,500
Commercial | Multifamily | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2020	596,068
2019	2,080,706
2018	1,802,434
2017	1,283,891
2016	583,711
Prior	1,929,736
Total	8,276,546	8,356,377
Commercial | Multifamily | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
2020	0
2019	16,408
2018	47,855
2017	82,368
2016	21,972
Prior	65,259
Total	233,862	260,764
Commercial | Multifamily | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2020	0
2019	3,788
2018	0
2017	53,514
2016	1,750
Prior	39,893
Total	98,945	24,063
Commercial | Multifamily | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
2020	0
2019	0
2018	0
2017	0
2016	0
Prior	0
Total	0	0
Commercial | Multifamily | N/A
Financing Receivable, Credit Quality Indicator [Line Items]
2020	0
2019	0
2018	0
2017	0
2016	0
Prior	0
Total	0	0
Commercial | Remaining commercial
Financing Receivable, Credit Quality Indicator [Line Items]
2020	1,675,934
2019	1,879,683
2018	1,027,436
2017	691,311
2016	699,672
Prior	1,217,538
Total	7,191,574	7,390,794
Commercial | Remaining commercial | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2020	1,665,857
2019	1,875,752
2018	1,010,809
2017	663,880
2016	677,244
Prior	940,907
Total	6,834,449	7,072,083
Commercial | Remaining commercial | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
2020	9,606
2019	2,910
2018	10,553
2017	15,891
2016	13,358
Prior	242,899
Total	295,217	260,051
Commercial | Remaining commercial | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2020	471
2019	1,021
2018	5,954
2017	11,511
2016	8,856
Prior	33,661
Total	61,474	44,919
Commercial | Remaining commercial | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
2020	0
2019	0
2018	120
2017	29
2016	214
Prior	71
Total	434	13,741
Commercial | Remaining commercial | N/A
Financing Receivable, Credit Quality Indicator [Line Items]
2020	0
2019	0
2018	0
2017	0
2016	0
Prior	0
Total	$ 0	$ 0

LOANS AND ALLOWANCE FOR CREDI_9

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Consumer Lending Asset Quality Indicators - Credit Score) (Details) - USD ($) $ in Thousands		Jun. 30, 2020	Dec. 31, 2019
Loans Receivable [Line Items]
Total	[1],[2]	$ 91,293,831	$ 92,705,440
Consumer
Loans Receivable [Line Items]
Total		50,474,189	51,670,724
RICs and auto loans | Consumer
Loans Receivable [Line Items]
2020		9,034,456
2019		14,927,097
2018		6,902,243
2017		2,872,571
2016		1,855,420
Prior		1,773,611
Total		$ 37,365,398	$ 36,456,747
Total, percent		100.00%	100.00%
RICs and auto loans | Consumer | No FICO
Loans Receivable [Line Items]
2020		$ 885,580
2019		1,458,569
2018		683,611
2017		683,924
2016		364,506
Prior		282,890
Total		$ 4,359,080	$ 3,178,459
Total, percent		11.70%	8.70%
RICs and auto loans | Consumer | FICO score less than 600
Loans Receivable [Line Items]
2020		$ 3,031,459
2019		5,184,779
2018		3,226,089
2017		1,415,247
2016		898,892
Prior		941,407
Total		$ 14,697,873	$ 15,013,670
Total, percent		39.30%	41.20%
RICs and auto loans | Consumer | FICO score of 600 to 639
Loans Receivable [Line Items]
2020		$ 1,292,685
2019		2,309,243
2018		1,239,841
2017		426,809
2016		307,914
Prior		275,111
Total		$ 5,851,603	$ 5,957,970
Total, percent		15.70%	16.30%
RICs and auto loans | Consumer | FICO score equal to or greater than 640
Loans Receivable [Line Items]
2020		$ 3,824,732
2019		5,974,506
2018		1,752,702
2017		346,591
2016		284,108
Prior		274,203
Total		$ 12,456,842	$ 12,306,648
Total, percent		33.30%	33.80%
[1]	LHFI includes $72.9 million and $102.0 million of loans recorded at fair value at June 30, 2020 and December 31, 2019, respectively.
[2]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At June 30, 2020 and December 31, 2019, LHFI included $22.5 billion and $26.5 billion, Operating leases assets, net included $16.2 billion and $16.5 billion, restricted cash inc luded $1.6 billion and $1.6 billion, other assets included $703.2 million and $625.4 million, Borrowings and other debt obligations included $32.3 billion and $34.2 billion, and Other liabilities included $101.1 million and $188.1 million of assets or liabilities that were included within VIEs, respectively. See Note 7 to these Condensed Consolidated Financial Statements for additional information.

LOANS AND ALLOWANCE FOR CRED_10

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Consumer Lending Asset Quality Indicators - FICO and CLTV Range) (Details) - USD ($) $ in Thousands		Jun. 30, 2020	Dec. 31, 2019
Loans Receivable [Line Items]
Total	[1],[2]	$ 91,293,831	$ 92,705,440
Consumer
Loans Receivable [Line Items]
Total		50,474,189	51,670,724
Consumer | Residential Mortgages
Loans Receivable [Line Items]
2020		473,336
2019		1,513,165
2018		886,756
2017		1,139,347
2016		1,014,331
Prior		2,416,195
Total		7,443,130	8,835,702
Consumer | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		169,421
2019		411,905
2018		531,455
2017		503,381
2016		391,286
Prior		2,507,232
Total		4,514,680	4,770,344
Revolving		4,250,297
Consumer | LTV less than or equal to 70% | Residential Mortgages
Loans Receivable [Line Items]
2020		226,919
2019		551,785
2018		413,759
2017		935,784
2016		941,274
Prior		2,272,317
Total		5,341,838	5,367,168
Consumer | LTV less than or equal to 70% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		108,174
2019		246,371
2018		337,600
2017		359,129
2016		339,850
Prior		2,087,511
Total		3,478,635	3,411,442
Revolving		3,385,649
Consumer | LTV of 70.01% to 80% | Residential Mortgages
Loans Receivable [Line Items]
2020		157,509
2019		545,442
2018		257,507
2017		134,394
2016		63,005
Prior		82,412
Total		1,240,269	1,754,912
Consumer | LTV of 70.01% to 90% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		54,012
2019		150,626
2018		175,898
2017		127,338
2016		38,590
Prior		236,201
Total		782,665	939,542
Revolving		769,006
Consumer | LTV of 80.01% to 90% | Residential Mortgages
Loans Receivable [Line Items]
2020		23,948
2019		218,319
2018		207,100
2017		59,271
2016		771
Prior		17,460
Total		526,869	830,706
Consumer | LTV of 90.01% to 100% | Residential Mortgages
Loans Receivable [Line Items]
2020		59,969
2019		183,388
2018		696
2017		13
2016		314
Prior		10,549
Total		254,929	703,059
Consumer | LTV of 90.01% to 100% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Total			79,275
Consumer | LTV of 90.01% to 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		434
2019		267
2018		4
2017		0
2016		0
Prior		63,752
Total		64,457
Revolving		59,162
Consumer | LTV of 100.01% to 110% | Residential Mortgages
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		77
Prior		3,721
Total		3,798	10,315
Consumer | LTV greater than 110% | Residential Mortgages
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		93
Prior		7,752
Total		7,845	17,645
Consumer | LTV greater than 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		475
2019		79
2018		228
2017		0
2016		0
Prior		37,385
Total		38,167	47,479
Revolving		36,480
Consumer | LTV not applicable | Residential Mortgages
Loans Receivable [Line Items]
2020		4,991
2019		14,231
2018		7,694
2017		9,885
2016		8,797
Prior		21,984
Total		67,582	151,897
Consumer | LTV not applicable | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		6,326
2019		14,562
2018		17,725
2017		16,914
2016		12,846
Prior		82,383
Total		150,756	292,606
Revolving		0
Consumer | FICO score not applicable | Residential Mortgages
Loans Receivable [Line Items]
Total			97,240
Consumer | FICO score not applicable | Home equity loans and lines of credit
Loans Receivable [Line Items]
Total			176,480
Consumer | FICO score not applicable | LTV less than or equal to 70% | Residential Mortgages
Loans Receivable [Line Items]
2020		0
2019		0
2018		527
2017		508
2016		0
Prior		23,846
Total		24,881	4,654
Consumer | FICO score not applicable | LTV less than or equal to 70% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		3
2019		6
2018		128
2017		32
2016		1,779
Prior		39,684
Total		41,632	189
Revolving		8,382
Consumer | FICO score not applicable | LTV of 70.01% to 80% | Residential Mortgages
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		456
Prior		21,153
Total		21,609	534
Consumer | FICO score not applicable | LTV of 70.01% to 90% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		0
2019		20
2018		0
2017		180
2016		698
Prior		12,795
Total		13,693	153
Revolving		203
Consumer | FICO score not applicable | LTV of 80.01% to 90% | Residential Mortgages
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		0
Prior		1,888
Total		1,888	0
Consumer | FICO score not applicable | LTV of 90.01% to 100% | Residential Mortgages
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		0
Prior		1,285
Total		1,285	0
Consumer | FICO score not applicable | LTV of 90.01% to 100% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Total			0
Consumer | FICO score not applicable | LTV of 90.01% to 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		0
Prior		1,890
Total		1,890
Revolving		0
Consumer | FICO score not applicable | LTV of 100.01% to 110% | Residential Mortgages
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		0
Prior		205
Total		205	0
Consumer | FICO score not applicable | LTV greater than 110% | Residential Mortgages
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		0
Prior		423
Total		423	0
Consumer | FICO score not applicable | LTV greater than 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		0
Prior		110
Total		110	0
Revolving		0
Consumer | FICO score not applicable | LTV not applicable | Residential Mortgages
Loans Receivable [Line Items]
2020		4,105
2019		13,129
2018		7,694
2017		9,885
2016		8,797
Prior		21,246
Total		64,856	92,052
Consumer | FICO score not applicable | LTV not applicable | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		5,641
2019		14,130
2018		17,593
2017		16,764
2016		12,846
Prior		81,025
Total		147,999	176,138
Revolving		0
Consumer | FICO score less than 600 | Residential Mortgages
Loans Receivable [Line Items]
Total			296,348
Consumer | FICO score less than 600 | Home equity loans and lines of credit
Loans Receivable [Line Items]
Total			299,402
Consumer | FICO score less than 600 | LTV less than or equal to 70% | Residential Mortgages
Loans Receivable [Line Items]
2020		844
2019		2,469
2018		2,631
2017		17,153
2016		13,278
Prior		131,518
Total		167,893	180,465
Consumer | FICO score less than 600 | LTV less than or equal to 70% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		75
2019		1,286
2018		6,233
2017		12,651
2016		15,838
Prior		136,418
Total		172,501	215,977
Revolving		160,821
Consumer | FICO score less than 600 | LTV of 70.01% to 80% | Residential Mortgages
Loans Receivable [Line Items]
2020		824
2019		5,175
2018		5,104
2017		5,562
2016		5,112
Prior		12,978
Total		34,755	48,344
Consumer | FICO score less than 600 | LTV of 70.01% to 90% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		241
2019		1,278
2018		5,542
2017		4,257
2016		1,891
Prior		14,164
Total		27,373	66,675
Revolving		25,973
Consumer | FICO score less than 600 | LTV of 80.01% to 90% | Residential Mortgages
Loans Receivable [Line Items]
2020		0
2019		5,273
2018		12,828
2017		5,073
2016		252
Prior		2,080
Total		25,506	36,401
Consumer | FICO score less than 600 | LTV of 90.01% to 100% | Residential Mortgages
Loans Receivable [Line Items]
2020		0
2019		8,130
2018		0
2017		0
2016		219
Prior		936
Total		9,285	27,262
Consumer | FICO score less than 600 | LTV of 90.01% to 100% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Total			11,467
Consumer | FICO score less than 600 | LTV of 90.01% to 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		0
Prior		3,242
Total		3,242
Revolving		2,898
Consumer | FICO score less than 600 | LTV of 100.01% to 110% | Residential Mortgages
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		0
Prior		727
Total		727	1,518
Consumer | FICO score less than 600 | LTV greater than 110% | Residential Mortgages
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		0
Prior		1,621
Total		1,621	2,325
Consumer | FICO score less than 600 | LTV greater than 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		0
Prior		3,529
Total		3,529	4,459
Revolving		3,354
Consumer | FICO score less than 600 | LTV not applicable | Residential Mortgages
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		0
Prior		63
Total		63	33
Consumer | FICO score less than 600 | LTV not applicable | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		15
2016		0
Prior		531
Total		546	824
Revolving		0
Consumer | FICO score of 600 to 639 | Residential Mortgages
Loans Receivable [Line Items]
Total			241,687
Consumer | FICO score of 600 to 639 | Home equity loans and lines of credit
Loans Receivable [Line Items]
Total			191,547
Consumer | FICO score of 600 to 639 | LTV less than or equal to 70% | Residential Mortgages
Loans Receivable [Line Items]
2020		2,686
2019		8,518
2018		10,572
2017		11,914
2016		14,745
Prior		90,769
Total		139,204	122,675
Consumer | FICO score of 600 to 639 | LTV less than or equal to 70% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		456
2019		3,750
2018		9,002
2017		11,382
2016		11,945
Prior		108,247
Total		144,782	147,089
Revolving		141,223
Consumer | FICO score of 600 to 639 | LTV of 70.01% to 80% | Residential Mortgages
Loans Receivable [Line Items]
2020		2,345
2019		3,979
2018		2,864
2017		3,992
2016		2,756
Prior		9,381
Total		25,317	45,189
Consumer | FICO score of 600 to 639 | LTV of 70.01% to 90% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		282
2019		3,405
2018		4,205
2017		4,563
2016		930
Prior		13,831
Total		27,216	34,624
Revolving		26,716
Consumer | FICO score of 600 to 639 | LTV of 80.01% to 90% | Residential Mortgages
Loans Receivable [Line Items]
2020		459
2019		6,397
2018		8,444
2017		3,680
2016		0
Prior		1,277
Total		20,257	34,690
Consumer | FICO score of 600 to 639 | LTV of 90.01% to 100% | Residential Mortgages
Loans Receivable [Line Items]
2020		882
2019		5,980
2018		177
2017		0
2016		0
Prior		719
Total		7,758	37,358
Consumer | FICO score of 600 to 639 | LTV of 90.01% to 100% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Total			4,306
Consumer | FICO score of 600 to 639 | LTV of 90.01% to 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		0
Prior		2,735
Total		2,735
Revolving		2,572
Consumer | FICO score of 600 to 639 | LTV of 100.01% to 110% | Residential Mortgages
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		0
Prior		785
Total		785	636
Consumer | FICO score of 600 to 639 | LTV greater than 110% | Residential Mortgages
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		0
Prior		1,228
Total		1,228	1,108
Consumer | FICO score of 600 to 639 | LTV greater than 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		0
Prior		1,322
Total		1,322	3,926
Revolving		1,268
Consumer | FICO score of 600 to 639 | LTV not applicable | Residential Mortgages
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		0
Prior		0
Total		0	31
Consumer | FICO score of 600 to 639 | LTV not applicable | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		0
Prior		41
Total		41	1,602
Revolving		0
Consumer | FICO score of 640 to 679 | Residential Mortgages
Loans Receivable [Line Items]
Total			521,453
Consumer | FICO score of 640 to 679 | Home equity loans and lines of credit
Loans Receivable [Line Items]
Total			364,335
Consumer | FICO score of 640 to 679 | LTV less than or equal to 70% | Residential Mortgages
Loans Receivable [Line Items]
2020		2,747
2019		18,935
2018		20,470
2017		31,462
2016		29,651
Prior		131,277
Total		234,542	263,781
Consumer | FICO score of 640 to 679 | LTV less than or equal to 70% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		3,161
2019		14,182
2018		21,111
2017		24,409
2016		22,616
Prior		162,386
Total		247,865	264,021
Revolving		244,981
Consumer | FICO score of 640 to 679 | LTV of 70.01% to 80% | Residential Mortgages
Loans Receivable [Line Items]
2020		4,467
2019		22,995
2018		11,654
2017		7,759
2016		3,952
Prior		7,114
Total		57,941	89,179
Consumer | FICO score of 640 to 679 | LTV of 70.01% to 90% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		2,964
2019		11,209
2018		15,972
2017		8,636
2016		4,137
Prior		20,601
Total		63,519	78,645
Revolving		63,621
Consumer | FICO score of 640 to 679 | LTV of 80.01% to 90% | Residential Mortgages
Loans Receivable [Line Items]
2020		1,243
2019		8,453
2018		18,079
2017		6,358
2016		0
Prior		1,731
Total		35,864	78,215
Consumer | FICO score of 640 to 679 | LTV of 90.01% to 100% | Residential Mortgages
Loans Receivable [Line Items]
2020		2,512
2019		14,658
2018		194
2017		0
2016		0
Prior		1,213
Total		18,577	87,067
Consumer | FICO score of 640 to 679 | LTV of 90.01% to 100% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Total			8,079
Consumer | FICO score of 640 to 679 | LTV of 90.01% to 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		0
2019		49
2018		0
2017		0
2016		0
Prior		6,038
Total		6,087
Revolving		5,593
Consumer | FICO score of 640 to 679 | LTV of 100.01% to 110% | Residential Mortgages
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		0
Prior		570
Total		570	946
Consumer | FICO score of 640 to 679 | LTV greater than 110% | Residential Mortgages
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		0
Prior		441
Total		441	1,089
Consumer | FICO score of 640 to 679 | LTV greater than 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		49
2019		0
2018		0
2017		0
2016		0
Prior		2,871
Total		2,920	3,626
Revolving		2,864
Consumer | FICO score of 640 to 679 | LTV not applicable | Residential Mortgages
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		0
Prior		38
Total		38	1,176
Consumer | FICO score of 640 to 679 | LTV not applicable | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		0
2019		96
2018		0
2017		0
2016		0
Prior		108
Total		204	9,964
Revolving		0
Consumer | FICO score of 680 to 719 | Residential Mortgages
Loans Receivable [Line Items]
Total			1,030,365
Consumer | FICO score of 680 to 719 | Home equity loans and lines of credit
Loans Receivable [Line Items]
Total			664,449
Consumer | FICO score of 680 to 719 | LTV less than or equal to 70% | Residential Mortgages
Loans Receivable [Line Items]
2020		19,353
2019		47,345
2018		40,864
2017		77,285
2016		61,120
Prior		226,123
Total		472,090	511,018
Consumer | FICO score of 680 to 719 | LTV less than or equal to 70% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		16,884
2019		30,602
2018		45,671
2017		50,892
2016		52,600
Prior		275,868
Total		472,517	478,817
Revolving		465,016
Consumer | FICO score of 680 to 719 | LTV of 70.01% to 80% | Residential Mortgages
Loans Receivable [Line Items]
2020		19,074
2019		56,309
2018		28,699
2017		16,310
2016		9,506
Prior		6,846
Total		136,744	219,766
Consumer | FICO score of 680 to 719 | LTV of 70.01% to 90% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		7,604
2019		25,255
2018		28,220
2017		23,606
2016		5,556
Prior		31,641
Total		121,882	146,529
Revolving		122,310
Consumer | FICO score of 680 to 719 | LTV of 80.01% to 90% | Residential Mortgages
Loans Receivable [Line Items]
2020		2,520
2019		19,942
2018		28,010
2017		6,190
2016		137
Prior		3,349
Total		60,148	132,076
Consumer | FICO score of 680 to 719 | LTV of 90.01% to 100% | Residential Mortgages
Loans Receivable [Line Items]
2020		12,423
2019		36,127
2018		325
2017		0
2016		0
Prior		1,487
Total		50,362	155,857
Consumer | FICO score of 680 to 719 | LTV of 90.01% to 100% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Total			12,558
Consumer | FICO score of 680 to 719 | LTV of 90.01% to 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		145
2019		0
2018		0
2017		0
2016		0
Prior		11,398
Total		11,543
Revolving		11,211
Consumer | FICO score of 680 to 719 | LTV of 100.01% to 110% | Residential Mortgages
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		0
Prior		566
Total		566	1,583
Consumer | FICO score of 680 to 719 | LTV greater than 110% | Residential Mortgages
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		0
Prior		492
Total		492	2,508
Consumer | FICO score of 680 to 719 | LTV greater than 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		0
2019		0
2018		228
2017		0
2016		0
Prior		4,956
Total		5,184	9,425
Revolving		4,863
Consumer | FICO score of 680 to 719 | LTV not applicable | Residential Mortgages
Loans Receivable [Line Items]
2020		231
2019		0
2018		0
2017		0
2016		0
Prior		80
Total		311	7,557
Consumer | FICO score of 680 to 719 | LTV not applicable | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		41
2019		0
2018		0
2017		0
2016		0
Prior		81
Total		122	17,120
Revolving		0
Consumer | FICO score of 720 to 759 | Residential Mortgages
Loans Receivable [Line Items]
Total			1,780,727
Consumer | FICO score of 720 to 759 | Home equity loans and lines of credit
Loans Receivable [Line Items]
Total			918,761
Consumer | FICO score of 720 to 759 | LTV less than or equal to 70% | Residential Mortgages
Loans Receivable [Line Items]
2020		53,791
2019		97,325
2018		89,547
2017		173,393
2016		139,901
Prior		344,344
Total		898,301	960,290
Consumer | FICO score of 720 to 759 | LTV less than or equal to 70% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		23,514
2019		51,429
2018		69,467
2017		75,952
2016		70,675
Prior		376,303
Total		667,340	665,647
Revolving		658,903
Consumer | FICO score of 720 to 759 | LTV of 70.01% to 80% | Residential Mortgages
Loans Receivable [Line Items]
2020		41,227
2019		100,520
2018		60,188
2017		21,464
2016		12,614
Prior		8,215
Total		244,228	413,532
Consumer | FICO score of 720 to 759 | LTV of 70.01% to 90% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		13,548
2019		33,229
2018		40,610
2017		31,839
2016		7,607
Prior		38,422
Total		165,255	204,104
Revolving		164,950
Consumer | FICO score of 720 to 759 | LTV of 80.01% to 90% | Residential Mortgages
Loans Receivable [Line Items]
2020		6,824
2019		48,682
2018		52,732
2017		13,132
2016		224
Prior		2,124
Total		123,718	195,335
Consumer | FICO score of 720 to 759 | LTV of 90.01% to 100% | Residential Mortgages
Loans Receivable [Line Items]
2020		21,757
2019		52,828
2018		0
2017		13
2016		0
Prior		538
Total		75,136	191,850
Consumer | FICO score of 720 to 759 | LTV of 90.01% to 100% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Total			12,606
Consumer | FICO score of 720 to 759 | LTV of 90.01% to 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		0
2019		133
2018		4
2017		0
2016		0
Prior		12,751
Total		12,888
Revolving		11,664
Consumer | FICO score of 720 to 759 | LTV of 100.01% to 110% | Residential Mortgages
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		0
Prior		592
Total		592	1,959
Consumer | FICO score of 720 to 759 | LTV greater than 110% | Residential Mortgages
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		0
Prior		820
Total		820	3,334
Consumer | FICO score of 720 to 759 | LTV greater than 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		0
Prior		10,310
Total		10,310	10,857
Revolving		9,922
Consumer | FICO score of 720 to 759 | LTV not applicable | Residential Mortgages
Loans Receivable [Line Items]
2020		499
2019		0
2018		0
2017		0
2016		0
Prior		237
Total		736	14,427
Consumer | FICO score of 720 to 759 | LTV not applicable | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		311
2019		72
2018		0
2017		65
2016		0
Prior		157
Total		605	25,547
Revolving		0
Consumer | FICO score equal to or greater than 760 | Residential Mortgages
Loans Receivable [Line Items]
Total			4,867,882
Consumer | FICO score equal to or greater than 760 | Home equity loans and lines of credit
Loans Receivable [Line Items]
Total			2,155,370
Consumer | FICO score equal to or greater than 760 | LTV less than or equal to 70% | Residential Mortgages
Loans Receivable [Line Items]
2020		147,498
2019		377,193
2018		249,148
2017		624,069
2016		682,579
Prior		1,324,440
Total		3,404,927	3,324,285
Consumer | 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]
2020		64,081
2019		145,116
2018		185,988
2017		183,811
2016		164,397
Prior		988,605
Total		1,731,998	1,639,702
Revolving		1,706,323
Consumer | FICO score equal to or greater than 760 | LTV of 70.01% to 80% | Residential Mortgages
Loans Receivable [Line Items]
2020		89,572
2019		356,464
2018		148,998
2017		79,307
2016		28,609
Prior		16,725
Total		719,675	938,368
Consumer | 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]
2020		29,373
2019		76,230
2018		81,349
2017		54,257
2016		17,771
Prior		104,747
Total		363,727	408,812
Revolving		365,233
Consumer | FICO score equal to or greater than 760 | LTV of 80.01% to 90% | Residential Mortgages
Loans Receivable [Line Items]
2020		12,902
2019		129,572
2018		87,007
2017		24,838
2016		158
Prior		5,011
Total		259,488	353,989
Consumer | FICO score equal to or greater than 760 | LTV of 90.01% to 100% | Residential Mortgages
Loans Receivable [Line Items]
2020		22,395
2019		65,665
2018		0
2017		0
2016		95
Prior		4,371
Total		92,526	203,665
Consumer | FICO score equal to or greater than 760 | LTV of 90.01% to 100% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Total			30,259
Consumer | 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]
2020		289
2019		85
2018		0
2017		0
2016		0
Prior		25,698
Total		26,072
Revolving		25,224
Consumer | FICO score equal to or greater than 760 | LTV of 100.01% to 110% | Residential Mortgages
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		77
Prior		276
Total		353	3,673
Consumer | FICO score equal to or greater than 760 | LTV greater than 110% | Residential Mortgages
Loans Receivable [Line Items]
2020		0
2019		0
2018		0
2017		0
2016		93
Prior		2,727
Total		2,820	7,281
Consumer | FICO score equal to or greater than 760 | LTV greater than 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		426
2019		79
2018		0
2017		0
2016		0
Prior		14,287
Total		14,792	15,186
Revolving		14,209
Consumer | FICO score equal to or greater than 760 | LTV not applicable | Residential Mortgages
Loans Receivable [Line Items]
2020		156
2019		1,102
2018		0
2017		0
2016		0
Prior		320
Total		1,578	36,621
Consumer | FICO score equal to or greater than 760 | LTV not applicable | Home equity loans and lines of credit
Loans Receivable [Line Items]
2020		333
2019		264
2018		132
2017		70
2016		0
Prior		440
Total		1,239	$ 61,411
Revolving		$ 0
[1]	LHFI includes $72.9 million and $102.0 million of loans recorded at fair value at June 30, 2020 and December 31, 2019, respectively.
[2]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At June 30, 2020 and December 31, 2019, LHFI included $22.5 billion and $26.5 billion, Operating leases assets, net included $16.2 billion and $16.5 billion, restricted cash inc luded $1.6 billion and $1.6 billion, other assets included $703.2 million and $625.4 million, Borrowings and other debt obligations included $32.3 billion and $34.2 billion, and Other liabilities included $101.1 million and $188.1 million of assets or liabilities that were included within VIEs, respectively. See Note 7 to these Condensed Consolidated Financial Statements for additional information.

LOANS AND ALLOWANCE FOR CRED_11

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Troubled Debt Restructuring Activity) (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020USD ($)contract	Jun. 30, 2019USD ($)contract	Jun. 30, 2020USD ($)contract	Jun. 30, 2019USD ($)contract	Dec. 31, 2019USD ($)
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructurings	$ 4,300,095		$ 4,300,095		$ 4,320,131
Number of Contracts | contract	46,235	17,488	56,143	37,501
Pre-TDR Recorded Investment	$ 1,019,795	$ 303,589	$ 1,204,109	$ 688,321
Post-TDR Recorded Investment	$ 1,036,089	$ 304,699	$ 1,220,946	$ 691,730
TDRs which Subsequently Defaulted
Number of Contracts | contract	2,086	5,429	6,223	13,123
Recorded Investment	$ 41,696	$ 94,209	$ 123,647	$ 226,013
Commercial | CRE
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	9	8	11	25
Pre-TDR Recorded Investment	$ 13,047	$ 423	$ 14,974	$ 45,131
Post-TDR Recorded Investment	$ 13,047	$ 416	$ 14,974	$ 46,230
TDRs which Subsequently Defaulted
Number of Contracts | contract	14	1	32	2
Recorded Investment	$ 2,909	$ 93	$ 5,114	$ 223
Commercial | C&I
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	354	14	389	38
Pre-TDR Recorded Investment	$ 27,130	$ 318	$ 27,965	$ 938
Post-TDR Recorded Investment	$ 27,226	$ 317	$ 28,063	$ 938
TDRs which Subsequently Defaulted
Number of Contracts | contract	5	10	16	25
Recorded Investment	$ 1,045	$ 254	$ 8,260	$ 845
Commercial | Multifamily
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	5		5
Pre-TDR Recorded Investment	$ 51,466		$ 51,466
Post-TDR Recorded Investment	$ 51,466		$ 51,466
Commercial | Other commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	4		5
Pre-TDR Recorded Investment	$ 72		$ 117
Post-TDR Recorded Investment	$ 72		$ 117
TDRs which Subsequently Defaulted
Number of Contracts | contract	0	0	1	0
Recorded Investment	$ 0	$ 0	$ 45	$ 0
Consumer | Residential mortgages
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	15	22	28	48
Pre-TDR Recorded Investment	$ 1,811	$ 4,011	$ 3,672	$ 7,524
Post-TDR Recorded Investment	$ 1,809	$ 4,088	$ 3,814	$ 7,758
TDRs which Subsequently Defaulted
Number of Contracts | contract	22	26	30	79
Recorded Investment	$ 3,640	$ 2,826	$ 4,880	$ 7,628
Consumer | Home equity loans and lines of credit
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	22	35	50	75
Pre-TDR Recorded Investment	$ 2,693	$ 2,863	$ 4,767	$ 7,858
Post-TDR Recorded Investment	$ 2,939	$ 3,181	$ 5,034	$ 8,597
TDRs which Subsequently Defaulted
Number of Contracts | contract	10	9	22	15
Recorded Investment	$ 1,142	$ 641	$ 3,104	$ 1,066
Consumer | RICs and auto loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	45,060	17,322	54,855	37,171
Pre-TDR Recorded Investment	$ 896,193	$ 294,796	$ 1,072,573	$ 624,938
Post-TDR Recorded Investment	$ 911,804	$ 295,513	$ 1,088,570	$ 626,273
TDRs which Subsequently Defaulted
Number of Contracts | contract	2,000	5,326	6,076	12,885
Recorded Investment	$ 31,441	$ 89,749	$ 100,437	$ 215,071
Consumer | Personal unsecured loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	1	74	2	125
Pre-TDR Recorded Investment	$ 0	$ 736	$ 0	$ 1,307
Post-TDR Recorded Investment	$ 0	$ 745	$ 0	$ 1,313
TDRs which Subsequently Defaulted
Number of Contracts | contract	0	57	0	117
Recorded Investment	$ 0	$ 646	$ 0	$ 1,180
Consumer | Other consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	765	13	798	19
Pre-TDR Recorded Investment	$ 27,383	$ 442	$ 28,575	$ 625
Post-TDR Recorded Investment	$ 27,726	$ 439	$ 28,908	$ 621
TDRs which Subsequently Defaulted
Number of Contracts | contract	35	0	46	0
Recorded Investment	$ 1,519	$ 0	$ 1,807	$ 0
Performing
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructurings	3,850,850		3,850,850		3,646,354
Non-performing
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructurings	$ 449,245		$ 449,245		$ 673,777

OPERATING LEASE ASSETS, NET (Co

OPERATING LEASE ASSETS, NET (Components of Leased Vehicles, Net) (Details) - USD ($) $ in Thousands		Jun. 30, 2020	Dec. 31, 2019
Operating Leased Assets [Line Items]
Less: accumulated depreciation		$ (1,600,000)	$ (1,500,000)
Leased vehicles
Operating Leased Assets [Line Items]
Operating leases		21,854,377	21,722,726
Less: accumulated depreciation		(4,647,703)	(4,159,944)
Depreciated net capitalized cost		17,206,674	17,562,782
Manufacturer subvention payments, net of accretion		(1,034,636)	(1,177,342)
Origination fees and other costs		67,584	76,542
Total premises and equipment, net		16,239,622	16,461,982
Commercial equipment vehicles and aircraft
Operating Leased Assets [Line Items]
Operating leases		28,916	41,154
Less: accumulated depreciation		(5,685)	(7,397)
Total premises and equipment, net		23,231	33,757
Operating lease assets
Operating Leased Assets [Line Items]
Less: accumulated depreciation		(4,700,000)	(4,200,000)
Total premises and equipment, net	[1],[2]	$ 16,262,853	$ 16,495,739
[1]	Net of accumulated depreciation of $4.7 billion and $4.2 billion at June 30, 2020 and December 31, 2019, respectively.
[2]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At June 30, 2020 and December 31, 2019, LHFI included $22.5 billion and $26.5 billion, Operating leases assets, net included $16.2 billion and $16.5 billion, restricted cash inc luded $1.6 billion and $1.6 billion, other assets included $703.2 million and $625.4 million, Borrowings and other debt obligations included $32.3 billion and $34.2 billion, and Other liabilities included $101.1 million and $188.1 million of assets or liabilities that were included within VIEs, respectively. See Note 7 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, 2020USD ($)
Leases [Abstract]
2020	$ 1,439,765
2021	2,093,714
2022	974,427
2023	233,673
2024	4,072
Thereafter	7,817
Total	$ 4,753,468

OPERATING LEASE ASSETS, NET (Na

OPERATING LEASE ASSETS, NET (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Leases [Abstract]
Net gain on sale of operating leases	$ 23,145	$ 48,479	$ 50,096	$ 72,490

VIEs (Assets and Liabilities of

VIEs (Assets and Liabilities of VIEs) (Details) - USD ($) $ in Thousands		Jun. 30, 2020		Dec. 31, 2019		Jun. 30, 2019
Assets
Restricted cash		$ 5,189,766	[1]	$ 3,881,880	[1]	$ 3,400,000
Loans HFS	[2]	5,439,364		1,420,223
Loans HFI	[1],[3]	91,293,831		92,705,440
Operating lease assets, net		603,876		656,472
Various other assets	[1],[4]	5,527,672		4,204,216
TOTAL ASSETS		152,353,787		149,499,477		$ 143,910,431
Liabilities
Various other liabilities	[1]	1,830,116		969,009
TOTAL LIABILITIES		132,127,010		125,100,647
VIEs, Primary Beneficiary
Assets
Restricted cash		1,612,388		1,629,870
Loans HFS		640,237		0
Loans HFI		22,489,596		26,532,328
Various other assets		703,234		625,359
TOTAL ASSETS		41,685,077		45,249,539
Liabilities
Notes payable		32,278,091		34,249,851
Various other liabilities		101,067		188,093
TOTAL LIABILITIES		$ 32,379,158		$ 34,437,944
[1]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At June 30, 2020 and December 31, 2019, LHFI included $22.5 billion and $26.5 billion, Operating leases assets, net included $16.2 billion and $16.5 billion, restricted cash inc luded $1.6 billion and $1.6 billion, other assets included $703.2 million and $625.4 million, Borrowings and other debt obligations included $32.3 billion and $34.2 billion, and Other liabilities included $101.1 million and $188.1 million of assets or liabilities that were included within VIEs, respectively. See Note 7 to these Condensed Consolidated Financial Statements for additional information.
[2]	Includ es $241.3 million a nd $289.0 million of loans recorded at the FVO at June 30, 2020 and December 31, 2019, respectively.
[3]	LHFI includes $72.9 million and $102.0 million of loans recorded at fair value at June 30, 2020 and December 31, 2019, respectively.
[4]	Includes MSRs of $88.7 million an d $130.9 million at June 30, 2020 and December 31, 2019, respectively, for which the Company has elected the FVO. See Note 12 to these Condensed Consolidated Financial Statements for additional information.

VIEs (Narrative) (Details)

VIEs (Narrative) (Details) - USD ($)	3 Months Ended			6 Months Ended
	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2019	Jun. 30, 2019	Dec. 31, 2019
VIEs, Primary Beneficiary | Trusts
Variable Interest Entity [Line Items]
Gross retail installment contracts transferred to consolidated Trusts	$ 28,100,000,000				$ 27,300,000,000
VIE, Not Primary Beneficiary
Variable Interest Entity [Line Items]
Gross retail installment contracts transferred to consolidated Trusts	512,300,000
Gain (loss) on retail installment contracts	(26,900,000)
Sales of receivables securitization		$ 0	$ 0	$ 0
Total serviced for other portfolio	2,250,584,000				$ 2,408,205,000
VIE, maximum exposure to loss	$ 0

VIEs (Cash Flow Summary) (Detai

VIEs (Cash Flow Summary) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
VIEs, Primary Beneficiary | Trusts
Variable Interest Entity [Line Items]
Assets securitized	$ 3,887,075	$ 4,913,261	$ 10,562,806	$ 9,841,723
Net proceeds from new securitizations	2,932,117	3,794,437	6,808,647	7,757,055
Net proceeds from sale of retained bonds	1,526	99,999	55,993	117,305
Cash received for servicing fees	246,545	289,634	493,288	497,959
Net distributions from Trusts	621,708	1,078,665	1,557,381	1,671,434
Total cash received from Trusts	3,801,896	5,262,735	8,915,309	10,043,753
VIE, Not Primary Beneficiary
Variable Interest Entity [Line Items]
Receivables securitized	512,286	0	512,286	0
Net proceeds from new securitizations	460,086	0	460,086	0
Cash received for servicing fees	5,079	9,357	11,258	19,608
Total cash received from Trusts	$ 465,165	$ 9,357	$ 471,344	$ 19,608

VIEs (Off-balance Sheet Portfol

VIEs (Off-balance Sheet Portfolio) (Details) - VIE, Not Primary Beneficiary - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Variable Interest Entity [Line Items]
Total serviced for other portfolio	$ 2,250,584	$ 2,408,205
Third party SCART serviced securitizations
Variable Interest Entity [Line Items]
Total serviced for other portfolio	484,413	0
Third party Chrysler Capital securitizations
Variable Interest Entity [Line Items]
Total serviced for other portfolio	127,108	259,197
SC
Variable Interest Entity [Line Items]
Total serviced for other portfolio	$ 1,639,063	$ 2,149,008

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLES (Goodwill) (Details) - USD ($)	Jan. 01, 2019	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Goodwill [Roll Forward]
Goodwill		$ 2,596,161,000		$ 2,596,161,000		$ 4,444,389,000
Impairment during the period	$ 0	(1,848,228,000)	$ 0	(1,848,228,000)	$ 0
CBB
Goodwill [Roll Forward]
Goodwill		322,920,000		322,920,000		1,880,304,000
Impairment during the period				(1,557,384,000)
C&I
Goodwill [Roll Forward]
Goodwill		27,080,000		27,080,000		317,924,000
Impairment during the period				(290,844,000)
CRE & VF
Goodwill [Roll Forward]
Goodwill		1,095,071,000		1,095,071,000		1,095,071,000
Impairment during the period				0
CIB
Goodwill [Roll Forward]
Goodwill		131,130,000		131,130,000		131,130,000
Impairment during the period				0
SC
Goodwill [Roll Forward]
Goodwill		$ 1,019,960,000		1,019,960,000		$ 1,019,960,000
Impairment during the period				$ 0

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLES (Goodwill) (Narrative) (Details) - USD ($)	Jan. 01, 2019	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Impairment during the period	$ 0	$ (1,848,228,000)	$ 0	$ (1,848,228,000)	$ 0
Reporting unit, percentage of fair value in excess of carrying amount (less than)						5.00%

GOODWILL AND OTHER INTANGIBLE_4

GOODWILL AND OTHER INTANGIBLES (Finite-lived Intangibles) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Finite-Lived Intangible Assets [Line Items]
Net Carrying Amount	$ 386,722	$ 416,204
Accumulated Amortization	(407,201)	(377,718)
Dealer networks
Finite-Lived Intangible Assets [Line Items]
Net Carrying Amount	328,375	347,982
Accumulated Amortization	(251,625)	(232,018)
Chrysler relationship
Finite-Lived Intangible Assets [Line Items]
Net Carrying Amount	42,500	50,000
Accumulated Amortization	(96,250)	(88,750)
Trade name
Finite-Lived Intangible Assets [Line Items]
Net Carrying Amount	13,200	13,500
Accumulated Amortization	(4,800)	(4,500)
Other intangibles
Finite-Lived Intangible Assets [Line Items]
Net Carrying Amount	2,647	4,722
Accumulated Amortization	$ (54,526)	$ (52,450)

GOODWILL AND OTHER INTANGIBLE_5

GOODWILL AND OTHER INTANGIBLES (Other Intangible Assets) (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Intangibles not subject to amortization	$ 0		$ 0		$ 0
Amortization of intangibles	$ 14,744,000	$ 14,742,000	$ 29,487,000	$ 29,508,000

GOODWILL AND OTHER INTANGIBLE_6

GOODWILL AND OTHER INTANGIBLES (Future Amortization Expense) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Calendar Year Amount
2020	$ 58,661		$ 58,661
2021	39,904		39,904
2022	39,901		39,901
2023	28,649		28,649
2024	24,792		24,792
Thereafter	224,302		224,302
Recorded To Date
2020	14,744	$ 14,742	29,487	$ 29,508
Remaining Amount To Record
2020	$ 29,174		$ 29,174

OTHER ASSETS (Components) (Deta

OTHER ASSETS (Components) (Details) - USD ($) $ in Thousands		Jun. 30, 2020	Dec. 31, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Operating lease ROU assets		$ 603,876	$ 656,472
Deferred tax assets		766,392	503,681
Accrued interest receivable		711,900	545,148
Derivative assets at fair value		1,644,784	555,880
Other repossessed assets		133,577	217,184
Equity method investments		268,069	271,656
MSRs		90,231	132,683
OREO		53,258	66,828
Income tax receivables		196,596	272,699
Prepaid expense		344,547	352,331
Miscellaneous assets and receivables		714,442	629,654
Total other assets	[1],[2]	$ 5,527,672	$ 4,204,216
[1]	Includes MSRs of $88.7 million an d $130.9 million at June 30, 2020 and December 31, 2019, respectively, for which the Company has elected the FVO. See Note 12 to these Condensed Consolidated Financial Statements for additional information.
[2]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At June 30, 2020 and December 31, 2019, LHFI included $22.5 billion and $26.5 billion, Operating leases assets, net included $16.2 billion and $16.5 billion, restricted cash inc luded $1.6 billion and $1.6 billion, other assets included $703.2 million and $625.4 million, Borrowings and other debt obligations included $32.3 billion and $34.2 billion, and Other liabilities included $101.1 million and $188.1 million of assets or liabilities that were included within VIEs, respectively. See Note 7 to these Condensed Consolidated Financial Statements for additional information.

OTHER ASSETS (Narrative) (Detai

OTHER ASSETS (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Lessee, Lease, Description [Line Items]
Operating lease expense	$ 40,700	$ 36,600	$ 75,800	$ 74,200
Sublease income	1,200	1,300	2,600	1,900
Operating cash flows from operating leases			72,177	61,597
Operating lease ROU assets	603,876		603,876		$ 656,472
Present value of lease liabilities	666,142		666,142
Parent Company
Lessee, Lease, Description [Line Items]
Operating cash flows from operating leases			2,000	1,900
Operating lease ROU assets	10,800	15,200	10,800	15,200
Present value of lease liabilities	$ 10,800	$ 15,200	$ 10,800	$ 15,200
Minimum
Lessee, Lease, Description [Line Items]
Renewal term	1 year		1 year
Maximum
Lessee, Lease, Description [Line Items]
Renewal term	5 years		5 years

OTHER ASSETS (Maturity of Lease

OTHER ASSETS (Maturity of Lease Liabilities) (Details) $ in Thousands	Jun. 30, 2020USD ($)
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
2020	$ 75,387
2021	132,623
2022	121,436
2023	106,528
2024	92,135
Thereafter	209,249
Total lease liabilities	737,358
Less: Interest	(71,216)
Present value of lease liabilities	$ 666,142

OTHER ASSETS (Operating Lease T

OTHER ASSETS (Operating Lease Term and Discount Rate) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Operating lease ROU assets	$ 603,876	$ 656,472
Other liabilities	$ 666,142	$ 711,666
Weighted-average remaining lease term (years)	6 years 8 months 12 days	7 years 1 month 6 days
Weighted-average discount rate	3.10%	3.10%

OTHER ASSETS (Other Information

OTHER ASSETS (Other Information) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Operating cash flows from operating leases	$ (72,177)	$ (61,597)
Leased assets obtained in exchange for new operating lease liabilities	$ (19,001)	$ 717,765

DEPOSITS AND OTHER CUSTOMER A_3

DEPOSITS AND OTHER CUSTOMER ACCOUNTS (Summary of Deposits and Other Customer Accounts) (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Balance
Interest-bearing demand deposits	$ 11,804,834,000	$ 10,301,133,000
Non-interest-bearing demand deposits	19,228,541,000	14,922,974,000
Savings	6,495,617,000	5,632,164,000
Customer repurchase accounts	354,404,000	407,477,000
Money market	30,551,312,000	26,687,677,000
CDs	5,528,540,000	9,375,281,000
Total Deposits	$ 73,963,248,000	$ 67,326,706,000
Percent of total deposits
Interest-bearing demand deposits (as a percent)	16.00%	15.30%
Non-interest-bearing demand deposits (as a percent)	26.00%	22.20%
Savings (as a percent)	8.80%	8.40%
Customer repurchase accounts (as a percent)	0.50%	0.60%
Money market (as a percent)	41.20%	39.60%
CDs (as a percent)	7.50%	13.90%
Total Deposits (as a percent)	100.00%	100.00%
Deposits held-for-sale	$ 4,700,000,000	$ 0
Foreign deposits	$ 9,700,000,000	$ 8,900,000,000

DEPOSITS AND OTHER CUSTOMER A_4

DEPOSITS AND OTHER CUSTOMER ACCOUNTS (Narrative) (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged as collateral, fair value	$ 5,000	$ 7,500
Demand deposit overdrafts that have been reclassified as loan balances	133.5	79.2
CD in denominations greater than $250,000	1,200	1,500
Public fund deposits
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged as collateral, fair value	$ 3,800	$ 3,500

BORROWINGS (Narrative) (Details

BORROWINGS (Narrative) (Details) - USD ($) $ in Thousands		Jun. 30, 2020	Dec. 31, 2019
Debt Disclosure [Abstract]
Total borrowings and other debt obligations	[1]	$ 49,857,326	$ 50,654,406
[1]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At June 30, 2020 and December 31, 2019, LHFI included $22.5 billion and $26.5 billion, Operating leases assets, net included $16.2 billion and $16.5 billion, restricted cash inc luded $1.6 billion and $1.6 billion, other assets included $703.2 million and $625.4 million, Borrowings and other debt obligations included $32.3 billion and $34.2 billion, and Other liabilities included $101.1 million and $188.1 million of assets or liabilities that were included within VIEs, respectively. See Note 7 to these Condensed Consolidated Financial Statements for additional information.

BORROWINGS (Bank) (Narrative) (

BORROWINGS (Bank) (Narrative) (Details) $ in Millions	Jun. 30, 2019USD ($)
Real estate investment trust
Debt Instrument [Line Items]
Debt repurchased	$ 126.4
Bank | Federal home loan bank advances
Debt Instrument [Line Items]
Debt repurchased	1,000
Bank | Real estate investment trust (REIT) preferred
Debt Instrument [Line Items]
Debt repurchased	21.2
Bank | Subordinated term loan, due August 2022
Debt Instrument [Line Items]
Debt repurchased	$ 27.9

BORROWINGS (SHUSA) (Narrative)

BORROWINGS (SHUSA) (Narrative) (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019
Short-term debt borrowings due February 2021
Debt Instrument [Line Items]
Debt issued	$ 125,000,000
Stated interest rate	2.00%
Short-term borrowings	$ 125,000,000	$ 0
Senior Notes
Debt Instrument [Line Items]
Debt issued	2,100,000,000
Senior Notes | 5.83% senior notes, due March 2023
Debt Instrument [Line Items]
Debt issued	$ 500,000,000
Stated interest rate	5.83%
Senior Notes | Senior floating rate note due April 2023
Debt Instrument [Line Items]
Debt issued	$ 447,100,000
Senior Notes | 3.45% senior fixed rate note due June 2025
Debt Instrument [Line Items]
Debt issued	$ 1,000,000,000
Stated interest rate	3.45%
Senior Notes | 2.65% senior notes due April 2020
Debt Instrument [Line Items]
Stated interest rate	2.65%
Debt repurchased	$ 1,000,000,000
Senior Notes | 3.50% senior notes due June 2024
Debt Instrument [Line Items]
Debt issued			$ 1,000,000,000
Stated interest rate	3.50%		3.50%
Senior Notes | 2.70% senior notes due May 2019
Debt Instrument [Line Items]
Stated interest rate			2.70%
Debt repurchased			$ 178,700,000

BORROWINGS (Parent Company and

BORROWINGS (Parent Company and Other IHC Entities) (Details) - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019
Debt Instrument [Line Items]
Total borrowings and other debt obligations	[1]	$ 49,857,326	$ 50,654,406
Short-term debt borrowings due February 2021
Debt Instrument [Line Items]
Short-term borrowings, Balance		$ 125,000	$ 0
Effective Rate		2.00%	0.00%
Stated interest rate		2.00%
Subsidiaries | 2.00% subordinated debt maturing through 2020
Debt Instrument [Line Items]
Subordinated debt, Balance		$ 284	$ 602
Effective Rate		2.00%	2.00%
Stated interest rate		2.00%
Subsidiaries | Short-term borrowing due within one year, maturing July 2020
Debt Instrument [Line Items]
Short-term borrowings, Balance		$ 8,000	$ 1,831
Effective Rate		0.05%	0.38%
Parent Company and Other Subsidiaries
Debt Instrument [Line Items]
Total borrowings and other debt obligations		$ 11,022,381	$ 9,951,647
Effective Rate		3.75%	3.68%
Senior Notes | 2.65% senior notes due April 2020
Debt Instrument [Line Items]
Senior notes, Balance		$ 0	$ 999,502
Effective Rate		0.00%	2.82%
Stated interest rate		2.65%
Senior Notes | 4.45% senior notes due December 2021
Debt Instrument [Line Items]
Senior notes, Balance		$ 604,629	$ 604,172
Effective Rate		4.61%	4.61%
Stated interest rate		4.45%
Senior Notes | 3.70% senior notes due March 2022
Debt Instrument [Line Items]
Senior notes, Balance		$ 849,155	$ 849,465
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		$ 996,665	$ 996,043
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		$ 996,238	$ 995,797
Effective Rate		3.60%	3.60%
Stated interest rate		3.50%		3.50%
Senior Notes | 4.50% senior notes due July 2025
Debt Instrument [Line Items]
Senior notes, Balance		$ 1,096,787	$ 1,096,508
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		$ 1,049,820	$ 1,049,813
Effective Rate		4.40%	4.40%
Stated interest rate		4.40%
Senior Notes | 2.88% senior notes, due January 2024
Debt Instrument [Line Items]
Senior notes, Balance		$ 750,000	$ 750,000
Effective Rate		2.88%	2.88%
Stated interest rate		2.88%
Senior Notes | 5.83% senior notes, due March 2023
Debt Instrument [Line Items]
Senior notes, Balance		$ 500,000	$ 0
Effective Rate		5.83%	0.00%
Stated interest rate		5.83%
Senior Notes | 3.24% senior notes due November 2026
Debt Instrument [Line Items]
Senior notes, Balance		$ 910,515	$ 907,844
Effective Rate		3.97%	3.97%
Stated interest rate		3.24%
Senior Notes | 3.45% senior notes, due June 2025
Debt Instrument [Line Items]
Senior notes, Balance		$ 994,329	$ 0
Effective Rate		3.58%	0.00%
Stated interest rate		3.45%
Senior Notes | Senior notes, due September 2020
Debt Instrument [Line Items]
Senior notes, Balance		$ 106,173	$ 112,358
Effective Rate		3.51%	3.36%
Senior Notes | Senior notes, due September 2020 | 3-month LIBOR
Debt Instrument [Line Items]
Basis spread on LIBOR (as a percent)		105.00%
Senior Notes | Senior notes, due June 2022
Debt Instrument [Line Items]
Senior notes, Balance		$ 427,907	$ 427,889
Effective Rate		2.43%	3.47%
Senior Notes | Senior notes, due June 2022 | 3-month LIBOR
Debt Instrument [Line Items]
Basis spread on LIBOR (as a percent)		100.00%
Senior Notes | Senior notes, due January 2023
Debt Instrument [Line Items]
Senior notes, Balance		$ 720,882	$ 720,861
Effective Rate		2.69%	3.29%
Senior Notes | Senior notes, due January 2023 | 3-month LIBOR
Debt Instrument [Line Items]
Basis spread on LIBOR (as a percent)		110.00%
Senior Notes | Senior notes, due July 2023
Debt Instrument [Line Items]
Senior notes, Balance		$ 438,991	$ 438,962
Effective Rate		2.66%	2.48%
Senior Notes | Senior Notes, Due April 2023
Debt Instrument [Line Items]
Senior notes, Balance		$ 447,006	$ 0
Effective Rate		3.52%	0.00%
[1]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At June 30, 2020 and December 31, 2019, LHFI included $22.5 billion and $26.5 billion, Operating leases assets, net included $16.2 billion and $16.5 billion, restricted cash inc luded $1.6 billion and $1.6 billion, other assets included $703.2 million and $625.4 million, Borrowings and other debt obligations included $32.3 billion and $34.2 billion, and Other liabilities included $101.1 million and $188.1 million of assets or liabilities that were included within VIEs, respectively. See Note 7 to these Condensed Consolidated Financial Statements for additional information.

BORROWINGS (Santander Bank) (De

BORROWINGS (Santander Bank) (Details) - SBNA - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Total borrowings and other debt obligations	$ 5,400,000	$ 7,160,943
Effective Rate	1.14%	2.34%
FHLB advances, maturing through May 2022
Debt Instrument [Line Items]
FHLB advances, Balance	$ 5,400,000	$ 7,035,000
Effective Rate	1.14%	2.15%
REIT preferred, callable May 2020
Debt Instrument [Line Items]
REIT preferred, Balance	$ 0	$ 125,943
Effective Rate	0.00%	13.17%
FHLB advances
Debt Instrument [Line Items]
Letters of credit	$ 340,800

BORROWINGS (SC Credit Facilitie

BORROWINGS (SC Credit Facilities) (Details) - USD ($)	Jun. 30, 2020	Apr. 30, 2020	Mar. 31, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Balance	$ 122,700,000			$ 89,600,000
SC
Debt Instrument [Line Items]
Balance	54,712,568,000			54,379,783,000
Restricted Cash Pledged	$ 1,610,687,000			$ 1,627,524,000
SC | Minimum
Debt Instrument [Line Items]
Effective Rate	1.28%			1.05%
SC | SC public securitizations, maturing on various dates
Debt Instrument [Line Items]
Balance	$ 44,115,005,000			$ 43,982,220,000
Restricted Cash Pledged	$ 1,571,364,000			$ 1,606,646,000
SC | SC public securitizations, maturing on various dates | Minimum
Debt Instrument [Line Items]
Effective Rate	1.29%			1.35%
SC | SC privately issued amortizing notes, maturing on various dates
Debt Instrument [Line Items]
Balance	$ 10,597,563,000			$ 10,397,563,000
Restricted Cash Pledged	$ 39,323,000			$ 20,878,000
SC | SC privately issued amortizing notes, maturing on various dates | Minimum
Debt Instrument [Line Items]
Effective Rate	1.28%			1.05%
SC | Revolving Credit Facility
Debt Instrument [Line Items]
Balance	$ 5,942,486,000			$ 5,399,931,000
Committed Amount	$ 13,747,928,000			$ 11,872,262,000
Effective Rate	2.28%			3.44%
Assets Pledged	$ 5,230,278,000			$ 8,339,059,000
Restricted Cash Pledged	1,702,000			2,346,000
SC | Revolving Credit Facility | Warehouse line, due March 2021
Debt Instrument [Line Items]
Balance				516,045,000
Committed Amount				$ 1,250,000,000
Effective Rate				3.10%
Assets Pledged				$ 734,640,000
Restricted Cash Pledged				1,000
SC | Revolving Credit Facility | Warehouse line, due November 2020
Debt Instrument [Line Items]
Balance				471,320,000
Committed Amount				$ 500,000,000
Effective Rate				2.69%
Assets Pledged				$ 505,502,000
Restricted Cash Pledged				186,000
SC | Revolving Credit Facility | Warehouse line, due July 2021
Debt Instrument [Line Items]
Balance				500,000,000
Committed Amount				$ 500,000,000
Effective Rate				3.64%
Assets Pledged				$ 761,690,000
Restricted Cash Pledged				302,000
SC | Revolving Credit Facility | Warehouse line, due October 2021
Debt Instrument [Line Items]
Balance				896,077,000
Committed Amount				$ 2,100,000,000
Effective Rate				3.44%
Assets Pledged				$ 1,748,325,000
Restricted Cash Pledged				7,000
SC | Revolving Credit Facility | Warehouse line, due June 2021
Debt Instrument [Line Items]
Balance				471,284,000
Committed Amount				$ 500,000,000
Effective Rate				3.32%
Assets Pledged				$ 675,426,000
Restricted Cash Pledged				0
SC | Revolving Credit Facility | Warehouse line, due November 2020
Debt Instrument [Line Items]
Balance				970,600,000
Committed Amount				$ 1,000,000,000
Effective Rate				2.57%
Assets Pledged				$ 1,353,305,000
Restricted Cash Pledged				0
SC | Revolving Credit Facility | Warehouse line, due June 2021
Debt Instrument [Line Items]
Balance				53,900,000
Committed Amount				$ 600,000,000
Effective Rate				7.02%
Assets Pledged				$ 62,601,000
Restricted Cash Pledged				94,000
SC | Revolving Credit Facility | Warehouse line due, October 2021
Debt Instrument [Line Items]
Balance				1,098,443,000
Committed Amount			$ 1,000,000,000	$ 5,000,000,000
Effective Rate				4.43%
Assets Pledged				$ 1,898,365,000
Restricted Cash Pledged				1,756,000
Line of credit facility, additional borrowing capacity		$ 500,000,000
SC | Revolving Credit Facility | Warehouse line, due October 2021
Debt Instrument [Line Items]
Line of credit facility, reduction in borrowing capacity		$ 500,000,000
SC | Revolving Credit Facility | Repurchase facility, due January 2020
Debt Instrument [Line Items]
Balance				273,655,000
Committed Amount				$ 273,655,000
Effective Rate				3.80%
Assets Pledged				$ 377,550,000
Restricted Cash Pledged				0
SC | Revolving Credit Facility | Repurchase facility, due March 2020
Debt Instrument [Line Items]
Balance				100,756,000
Committed Amount				$ 100,756,000
Effective Rate				3.04%
Assets Pledged				$ 151,710,000
Restricted Cash Pledged				0
SC | Revolving Credit Facility | Repurchase facility, due March 2020
Debt Instrument [Line Items]
Balance				47,851,000
Committed Amount				$ 47,851,000
Effective Rate				3.15%
Assets Pledged				$ 69,945,000
Restricted Cash Pledged				$ 0
SC | Revolving Credit Facilities With Third Parties
Debt Instrument [Line Items]
Balance	3,942,486,000
Committed Amount	$ 11,747,928,000
Effective Rate	2.72%
Assets Pledged	$ 5,230,278,000
Restricted Cash Pledged	1,702,000
SC | Revolving Credit Facilities With Third Parties | Warehouse line, due March 2021
Debt Instrument [Line Items]
Balance	46,445,000
Committed Amount	$ 1,250,000,000
Effective Rate	2.03%
Assets Pledged	$ 743,224,000
Restricted Cash Pledged	1,000
SC | Revolving Credit Facilities With Third Parties | Warehouse line, due November 2021
Debt Instrument [Line Items]
Balance	428,120,000
Committed Amount	$ 500,000,000
Effective Rate	1.94%
Assets Pledged	$ 406,684,000
Restricted Cash Pledged	0
SC | Revolving Credit Facilities With Third Parties | Warehouse line, due July 2021
Debt Instrument [Line Items]
Balance	322,790,000
Committed Amount	$ 500,000,000
Effective Rate	2.58%
Assets Pledged	$ 328,473,000
Restricted Cash Pledged	0
SC | Revolving Credit Facilities With Third Parties | Warehouse line, due October 2021
Debt Instrument [Line Items]
Balance	509,577,000
Committed Amount	$ 2,100,000,000
Effective Rate	2.43%
Assets Pledged	$ 1,234,913,000
Restricted Cash Pledged	17,000
SC | Revolving Credit Facilities With Third Parties | Warehouse line, due June 2021
Debt Instrument [Line Items]
Balance	325,683,000
Committed Amount	$ 500,000,000
Effective Rate	2.23%
Assets Pledged	$ 442,349,000
Restricted Cash Pledged	0
SC | Revolving Credit Facilities With Third Parties | Warehouse line due, January 2022
Debt Instrument [Line Items]
Balance	649,400,000
Committed Amount	$ 1,000,000,000
Effective Rate	2.03%
Assets Pledged	$ 875,599,000
Restricted Cash Pledged	0
SC | Revolving Credit Facilities With Third Parties | Warehouse line, due June 2021
Debt Instrument [Line Items]
Balance	377,600,000
Committed Amount	$ 600,000,000
Effective Rate	2.27%
Assets Pledged	$ 199,388,000
Restricted Cash Pledged	1,684,000
SC | Revolving Credit Facilities With Third Parties | Warehouse line due, October 2021
Debt Instrument [Line Items]
Balance	152,000,000
Committed Amount	$ 1,500,000,000
Effective Rate	4.28%
Assets Pledged	$ 136,639,000
Restricted Cash Pledged	0
SC | Revolving Credit Facilities With Third Parties | Warehouse line, due October 2021
Debt Instrument [Line Items]
Balance	832,943,000
Committed Amount	$ 3,500,000,000
Effective Rate	3.75%
Assets Pledged	$ 415,514,000
Restricted Cash Pledged	0
SC | Revolving Credit Facilities With Third Parties | Repurchase facility, due October 2020
Debt Instrument [Line Items]
Balance	253,128,000
Committed Amount	$ 253,128,000
Effective Rate	3.80%
Assets Pledged	$ 377,550,000
Restricted Cash Pledged	0
SC | Revolving Credit Facilities With Third Parties | Repurchase facility, due September 2020
Debt Instrument [Line Items]
Balance	44,800,000
Committed Amount	$ 44,800,000
Effective Rate	2.24%
Assets Pledged	$ 69,945,000
Restricted Cash Pledged	0
SC | Revolving Credit Facility With Related Parties
Debt Instrument [Line Items]
Balance	2,000,000,000
Committed Amount	$ 2,000,000,000
Effective Rate	1.40%
Assets Pledged	$ 0
Restricted Cash Pledged	0
SC | Revolving Credit Facility With Related Parties | Promissory note with Santander due June 2022
Debt Instrument [Line Items]
Balance	2,000,000,000
Committed Amount	$ 2,000,000,000
Effective Rate	1.40%
Assets Pledged	$ 0
Restricted Cash Pledged	$ 0

BORROWINGS (Secured Structured

BORROWINGS (Secured Structured Financings) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Initial Note Amounts Issued	$ 122,700	$ 89,600
SC
Debt Instrument [Line Items]
Balance	27,492,459	28,141,885
Initial Note Amounts Issued	54,712,568	54,379,783
Collateral	34,982,094	36,745,375
Restricted Cash	1,610,687	1,627,524
Private issuances of notes backed by vehicle leases	$ 10,800,000	$ 10,200,000
SC | Minimum
Debt Instrument [Line Items]
Initial Weighted Average Interest Rate Range	1.28%	1.05%
SC | Maximum
Debt Instrument [Line Items]
Initial Weighted Average Interest Rate Range	3.90%	3.90%
SC | SC public securitizations, maturing on various dates
Debt Instrument [Line Items]
Balance	$ 17,858,305	$ 18,807,773
Initial Note Amounts Issued	44,115,005	43,982,220
Collateral	22,498,984	24,697,158
Restricted Cash	$ 1,571,364	$ 1,606,646
SC | SC public securitizations, maturing on various dates | Minimum
Debt Instrument [Line Items]
Initial Weighted Average Interest Rate Range	1.29%	1.35%
SC | SC public securitizations, maturing on various dates | Maximum
Debt Instrument [Line Items]
Initial Weighted Average Interest Rate Range	3.42%	3.42%
SC | SC privately issued amortizing notes, maturing on various dates
Debt Instrument [Line Items]
Balance	$ 9,634,154	$ 9,334,112
Initial Note Amounts Issued	10,597,563	10,397,563
Collateral	12,483,110	12,048,217
Restricted Cash	$ 39,323	$ 20,878
SC | SC privately issued amortizing notes, maturing on various dates | Minimum
Debt Instrument [Line Items]
Initial Weighted Average Interest Rate Range	1.28%	1.05%
SC | SC privately issued amortizing notes, maturing on various dates | Maximum
Debt Instrument [Line Items]
Initial Weighted Average Interest Rate Range	3.90%	3.90%
Santander | Structured finance
Debt Instrument [Line Items]
Balance	$ 4,500

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME / (LOSS) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Accumulated Other Comprehensive Income (Loss) [Line Items]
Total other comprehensive income/(loss), pretax activity	$ (12,680)	$ 166,951	$ 467,610	$ 304,908
Total other comprehensive income/(loss), tax effect	5,385	(46,437)	(119,717)	(79,775)
TOTAL OTHER COMPREHENSIVE (LOSS) / GAIN, NET OF TAX	(7,295)	120,514	347,893	225,133
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Equity, beginning balance	22,223,973	24,128,405	24,398,830	23,847,232
Net Activity	(7,295)	120,514	347,893	225,133
Equity, ending balance	20,226,777	24,504,820	20,226,777	24,504,820
Accumulated Other Comprehensive (Loss)/Income
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Equity, beginning balance	266,981	(217,033)	(88,207)	(321,652)
Equity, ending balance	259,686	(96,519)	259,686	(96,519)
Net unrealized gains on cash flow hedge derivative financial instruments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income/(loss), pretax activity	4,230	15,761	214,924	26,163
Other comprehensive income/(loss), tax effect	3,014	(10,969)	(59,482)	(12,971)
Other comprehensive income/(loss), net activity	7,244	4,792	155,442	13,192
Reclassification adjustment, pretax activity	137	(5,058)	273	(7,181)
Reclassification adjustment, tax effect	(33)	1,399	(62)	2,126
Reclassification adjustment, net activity	104	(3,659)	211	(5,055)
Total other comprehensive income/(loss), pretax activity	4,367	10,703	215,197	18,982
Total other comprehensive income/(loss), tax effect	2,981	(9,570)	(59,544)	(10,845)
TOTAL OTHER COMPREHENSIVE (LOSS) / GAIN, NET OF TAX	7,348	1,133	155,653	8,137
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Equity, beginning balance	128,191	(12,809)	(20,114)	(19,813)
Net Activity	7,348	1,133	155,653	8,137
Equity, ending balance	135,539	(11,676)	135,539	(11,676)
Net unrealized gains on investments in debt securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income/(loss), pretax activity	4,716	152,353	282,702	273,730
Other comprehensive income/(loss), tax effect	(688)	(37,266)	(67,363)	(68,652)
Other comprehensive income/(loss), net activity	4,028	115,087	215,339	205,078
Reclassification adjustment, pretax activity	(22,516)	(2,379)	(31,795)	(379)
Reclassification adjustment, tax effect	3,285	582	7,576	95
Reclassification adjustment, net activity	(19,231)	(1,797)	(24,219)	(284)
Total other comprehensive income/(loss), pretax activity	(17,800)	149,974	250,907	273,351
Total other comprehensive income/(loss), tax effect	2,597	(36,684)	(59,787)	(68,557)
TOTAL OTHER COMPREHENSIVE (LOSS) / GAIN, NET OF TAX	(15,203)	113,290	191,120	204,794
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Equity, beginning balance	183,443	(154,263)	(22,880)	(245,767)
Net Activity	(15,203)	113,290	191,120	204,794
Equity, ending balance	168,240	(40,973)	168,240	(40,973)
Pension and post-retirement actuarial gains
Accumulated Other Comprehensive Income (Loss) [Line Items]
Total other comprehensive income/(loss), pretax activity	753	6,274	1,506	12,575
Total other comprehensive income/(loss), tax effect	(193)	(183)	(386)	(373)
TOTAL OTHER COMPREHENSIVE (LOSS) / GAIN, NET OF TAX	560	6,091	1,120	12,202
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Equity, beginning balance	(44,653)	(49,961)	(45,213)	(56,072)
Net Activity	560	6,091	1,120	12,202
Equity, ending balance	$ (44,093)	$ (43,870)	$ (44,093)	$ (43,870)

DERIVATIVES (Narrative) (Detail

DERIVATIVES (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Derivative [Line Items]
Fair value of derivatives with credit risk contingent feature associated with credit ratings	$ 200,000		$ 200,000
Additional collateral required	0		0
Fair value of derivatives with credit risk contingent features	11,300,000		11,300,000		$ 7,800,000
Collateral posted	36,000,000		36,000,000		$ 8,600,000
Cash flow hedge loss to be reclassified within next twelve months			32,300,000
Net unrealized gain (loss) on cash flow hedge derivative financial instruments
Derivative [Line Items]
Net amount of change recognized in OCI for cash flow hedge derivatives	7,244,000	$ 4,792,000	155,442,000	$ 13,192,000
Amount reclassified from OCI into earnings for cash flow hedge derivatives	$ 104,000	$ (3,659,000)	$ 211,000	$ (5,055,000)

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, 2020	Dec. 31, 2019
Derivative [Line Items]
Notional Amount	$ 13,770,000	$ 14,020,000
Asset, Total	250,426	29,031
Liability, Total	$ 88,512	$ 68,337
Weighted Average Receive Rate	1.27%	1.17%
Weighted Average Pay Rate	0.39%	1.29%
Weighted Average
Derivative [Line Items]
Weighted Average Life (Years)	1 year 9 months 18 days	1 year 11 months 26 days
Cash flow hedges | Pay fixed — receive variable interest rate swaps
Derivative [Line Items]
Notional Amount	$ 2,750,000	$ 2,650,000
Asset, Cash flow hedges	0	2,807
Liability, Cash flow hedges	$ 88,512	$ 39,128
Weighted Average Receive Rate	0.23%	1.85%
Weighted Average Pay Rate	1.49%	1.91%
Cash flow hedges | Pay fixed — receive variable interest rate swaps | Weighted Average
Derivative [Line Items]
Weighted Average Life (Years)	2 years 2 months 8 days	1 year 10 months 9 days
Cash flow hedges | Pay variable - receive fixed interest rate swaps
Derivative [Line Items]
Notional Amount	$ 7,070,000	$ 7,570,000
Asset, Cash flow hedges	194,232	7,462
Liability, Cash flow hedges	$ 0	$ 29,209
Weighted Average Receive Rate	1.41%	1.43%
Weighted Average Pay Rate	0.18%	1.73%
Cash flow hedges | Pay variable - receive fixed interest rate swaps | Weighted Average
Derivative [Line Items]
Weighted Average Life (Years)	2 years 2 months 8 days	2 years 4 months 20 days
Cash flow hedges | Interest rate floor
Derivative [Line Items]
Notional Amount	$ 3,950,000	$ 3,800,000
Asset, Cash flow hedges	56,194	18,762
Liability, Cash flow hedges	$ 0	$ 0
Weighted Average Receive Rate	1.75%	0.19%
Weighted Average Pay Rate	0.00%	0.00%
Cash flow hedges | Interest rate floor | Weighted Average
Derivative [Line Items]
Weighted Average Life (Years)	10 months 2 days	1 year 3 months 10 days

DERIVATIVES (Derivatives Not De

DERIVATIVES (Derivatives Not Designated in Hedge Relationships) (Details) - Not designated as hedging instrument - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	$ 65,286,373	$ 52,726,058
Asset derivatives Fair value	1,394,960	527,300
Liability derivatives Fair value	1,346,371	478,077
Other
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	691,071	1,087,986
Asset derivatives Fair value	20,709	10,536
Liability derivatives Fair value	25,876	13,025
Foreign exchange contracts
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	3,700,790	3,724,007
Asset derivatives Fair value	42,671	33,749
Liability derivatives Fair value	35,118	34,428
Interest rate swap agreements
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	258,747	1,290,560
Asset derivatives Fair value	0	0
Liability derivatives Fair value	17,797	11,626
Interest rate cap agreements
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	10,894,523	9,379,720
Asset derivatives Fair value	6,461	62,552
Liability derivatives Fair value	0	0
Options for interest rate cap agreements
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	10,894,523	9,379,720
Asset derivatives Fair value	0	0
Liability derivatives Fair value	6,461	62,552
Mortgage banking derivatives
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	1,492,363	1,130,417
Asset derivatives Fair value	63,855	18,194
Liability derivatives Fair value	22,216	2,907
Mortgage banking derivatives | Forward commitments to sell loans
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	549,805	452,994
Asset derivatives Fair value	51	18
Liability derivatives Fair value	3,483	360
Mortgage banking derivatives | Interest rate lock commitments
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	322,558	167,423
Asset derivatives Fair value	16,435	3,042
Liability derivatives Fair value	0	0
Mortgage banking derivatives | Mortgage servicing
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	620,000	510,000
Asset derivatives Fair value	47,369	15,134
Liability derivatives Fair value	18,733	2,547
Customer-related derivatives
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	37,354,356	26,733,648
Asset derivatives Fair value	1,261,264	402,269
Liability derivatives Fair value	1,238,903	353,539
Customer-related derivatives | Swaps receive fixed
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	16,635,322	11,225,376
Asset derivatives Fair value	1,251,458	375,541
Liability derivatives Fair value	397	12,330
Customer-related derivatives | Swaps pay fixed
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	17,081,403	11,975,313
Asset derivatives Fair value	2,299	23,271
Liability derivatives Fair value	1,223,746	336,361
Customer-related derivatives | Other
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	3,637,631	3,532,959
Asset derivatives Fair value	7,507	3,457
Liability derivatives Fair value	$ 14,760	$ 4,848

DERIVATIVES (Gains (Losses) on

DERIVATIVES (Gains (Losses) on All Derivatives) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Pay fixed-receive variable interest rate swaps | Interest expense on borrowings | Cash flow hedges
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on derivatives	$ (7,497)	$ 13,842	$ (8,321)	$ 26,782
Pay variable receive-fixed interest rate swap | Interest income on loans | Cash flow hedges
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on derivatives	26,079	(11,250)	22,924	(22,698)
Forward commitments to sell loans | Miscellaneous income, net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on derivatives	7,741	(819)	(3,090)	834
Interest rate lock commitments | Miscellaneous income, net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on derivatives	1,395	1,495	13,392	1,794
Mortgage servicing | Miscellaneous income, net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on derivatives	2,727	12,947	32,113	21,301
Customer-related derivatives | Miscellaneous income, net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on derivatives	23,739	(2,291)	8,120	(16,350)
Foreign exchange | Miscellaneous income, net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on derivatives	1,783	6,044	12,805	29,977
Interest rate swaps, caps, and options | Miscellaneous income, net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on derivatives	(1,028)	5,421	(10,686)	7,866
Other | Miscellaneous income, net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on derivatives	$ (4,149)	$ 843	$ (3,919)	$ (368)

DERIVATIVES (Offsetting of Fina

DERIVATIVES (Offsetting of Financial Assets) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Offsetting Assets [Line Items]
Gross Amounts of Recognized Assets, Total derivatives subject to a master netting arrangement or similar arrangement	$ 1,628,951	$ 553,289
Gross Amounts Offset in the Condensed Consolidated Balance Sheet, Total Derivative Assets	602	435
Net Amounts of Assets Presented in the Condensed Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement	1,628,349	552,854
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Collateral Received, Total Derivative Assets	156,560	69,227
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Net Amount, Total derivatives subject to a master netting arrangement or similar arrangement	1,471,789	483,627
Total derivatives not subject to a master netting arrangement or similar arrangement	16,435	3,042
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Collateral Received	0
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Net Amount	16,435	3,042
Gross Amounts of Recognized Assets, Total Derivative Assets	1,645,386	556,331
Net Amounts of Assets Presented in the Condensed Consolidated Balance Sheet, Total Derivative Assets	1,644,784	555,896
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Collateral Received, Total Derivative Assets	156,560	69,227
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet - Net Amount, Total Derivative Assets	1,488,224	486,669
Other derivative activities
Offsetting Assets [Line Items]
Gross Amounts of Recognized Assets, Total derivatives subject to a master netting arrangement or similar arrangement	1,378,524	524,258
Gross Amounts Offset in the Condensed Consolidated Balance Sheet, Total Derivative Assets	602	435
Net Amounts of Assets Presented in the Condensed Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement	1,377,922	523,823
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Collateral Received, Total Derivative Assets	11,880	51,437
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Net Amount, Total derivatives subject to a master netting arrangement or similar arrangement	1,366,042	472,386
Cash flow hedges
Offsetting Assets [Line Items]
Gross Amounts of Recognized Assets, Total derivatives subject to a master netting arrangement or similar arrangement	250,427	29,031
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	250,427	29,031
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Collateral Received, Total Derivative Assets	144,680	17,790
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Net Amount, Total derivatives subject to a master netting arrangement or similar arrangement	$ 105,747	$ 11,241

DERIVATIVES (Offsetting of Fi_2

DERIVATIVES (Offsetting of Financial Liabilities) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Offsetting Liabilities [Line Items]
Gross Amounts of Recognized Liabilities, Total derivatives subject to a master netting arrangement or similar arrangement	$ 1,431,400	$ 546,054
Gross Amounts Offset in the Condensed Consolidated Balance Sheet	10,625	9,406
Net Amounts of Liabilities Presented in the Condensed Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement	1,420,775	536,648
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Collateral Pledged	797,217	504,638
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Net Amount, Total derivatives subject to a master netting arrangement or similar arrangement	623,558	32,010
Total derivatives not subject to a master netting arrangement or similar arrangement	3,483	360
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Collateral Pledged, Total derivatives not subject to a master netting arrangement or similar arrangement	2,800	273
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Net Amount, Total derivatives not subject to a master netting arrangement or similar arrangement	683	87
Gross Amounts of Recognized Liabilities, Total Derivative Liabilities	1,434,883	546,414
Net Amounts of Liabilities Presented in the Condensed Consolidated Balance Sheet, Total Derivative Liabilities	1,424,258	537,008
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Collateral Pledged, Total Derivative Liabilities	800,017	504,911
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Net Amount, Total Derivatives Liabilities	624,241	32,097
Other derivative activities
Offsetting Liabilities [Line Items]
Gross Amounts of Recognized Liabilities, Total derivatives subject to a master netting arrangement or similar arrangement	1,342,888	477,717
Gross Amounts Offset in the Condensed Consolidated Balance Sheet	10,625	9,406
Net Amounts of Liabilities Presented in the Condensed Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement	1,332,263	468,311
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Collateral Pledged	708,705	436,301
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Net Amount, Total derivatives subject to a master netting arrangement or similar arrangement	623,558	32,010
Cash flow hedges
Offsetting Liabilities [Line Items]
Gross Amounts of Recognized Liabilities, Total derivatives subject to a master netting arrangement or similar arrangement	88,512	68,337
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	88,512	68,337
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Collateral Pledged	88,512	68,337
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Net Amount, Total derivatives subject to a master netting arrangement or similar arrangement	$ 0	$ 0

INCOME TAXES (Narrative 10-Q) (

INCOME TAXES (Narrative 10-Q) (Details) $ in Thousands	Sep. 05, 2019USD ($)transaction	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Aug. 10, 2020	Dec. 31, 2019USD ($)
Income Tax Contingency [Line Items]
Income tax (benefit)/provision		$ (186,151)	$ 155,326	$ (219,512)	$ 271,540
Effective income tax rate reconciliation, percent		8.90%	27.70%	9.80%	29.60%
Number of financing transactions related to lawsuit | transaction	2
Transaction amount related to lawsuit seeking refund of taxes paid	$ 1,200,000
Deferred tax liabilities, net		$ 101,000		$ 101,000			$ 1,000,000
Deferred tax assets, net		766,392		766,392			503,681
Deferred tax liabilities, gross		$ 867,400		867,400			$ 1,500,000
Increase (decrease) in deferred tax liabilities, net				$ (916,400)
Threshold ownership percentage		80.00%		80.00%
Subsequent Event
Income Tax Contingency [Line Items]
Ownership percentage						80.25%
SC
Income Tax Contingency [Line Items]
Decrease upon potential decrease of investment interest				$ 306,600

FAIR VALUE (Fair Value Measurem

FAIR VALUE (Fair Value Measurements, Recurring) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Financial assets:
AFS investment securities	$ 12,047,923	$ 14,339,758
Other investments - trading securities	19,766	1,097
RICs held-for-investment	72,900	102,000
LHFS	241,300	289,000
Other assets - derivatives	1,644,784	555,896
Financial liabilities:
Other liabilities - derivatives	1,424,258	537,008
Total MSRs	90,231	132,683
U.S. Treasury securities
Financial assets:
AFS investment securities	1,521,795	4,090,938
Corporate debt
Financial assets:
AFS investment securities	98,486	139,713
ABS
Financial assets:
AFS investment securities	113,265	138,400
State and municipal securities
Financial assets:
AFS investment securities	5	9
Recurring
Financial assets:
AFS investment securities	12,047,923	14,339,758
Other investments - trading securities	19,766	1,097
RICs held-for-investment	72,862	101,968
LHFS	241,250	289,009
MSRs	88,674	130,855
Other assets - derivatives	1,645,386	556,331
Total financial assets	14,115,861	15,419,018
Financial liabilities:
Other liabilities - derivatives	1,434,883	546,414
Total financial liabilities	1,434,883	546,414
Recurring | U.S. Treasury securities
Financial assets:
AFS investment securities	1,521,795	4,090,938
Recurring | Corporate debt
Financial assets:
AFS investment securities	98,486	139,713
Recurring | ABS
Financial assets:
AFS investment securities	113,265	138,400
Recurring | State and municipal securities
Financial assets:
AFS investment securities	5	9
Recurring | MBS
Financial assets:
AFS investment securities	10,314,372	9,970,698
Recurring | Level 1
Financial assets:
AFS investment securities	0	0
Other investments - trading securities	0	379
RICs held-for-investment	0	0
LHFS	0	0
MSRs	0	0
Other assets - derivatives	0	0
Total financial assets	0	379
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	0
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	11,997,259	14,276,523
Other investments - trading securities	19,766	718
RICs held-for-investment	0	17,634
LHFS	241,250	289,009
MSRs	0	0
Other assets - derivatives	1,628,619	553,222
Total financial assets	13,886,894	15,137,106
Financial liabilities:
Other liabilities - derivatives	1,428,086	543,560
Total financial liabilities	1,428,086	543,560
Recurring | Level 2 | U.S. Treasury securities
Financial assets:
AFS investment securities	1,521,795	4,090,938
Recurring | Level 2 | Corporate debt
Financial assets:
AFS investment securities	98,486	139,713
Recurring | Level 2 | ABS
Financial assets:
AFS investment securities	62,601	75,165
Recurring | Level 2 | State and municipal securities
Financial assets:
AFS investment securities	5	9
Recurring | Level 2 | MBS
Financial assets:
AFS investment securities	10,314,372	9,970,698
Recurring | Level 3
Financial assets:
AFS investment securities	50,664	63,235
Other investments - trading securities	0	0
RICs held-for-investment	72,862	84,334
LHFS	0	0
MSRs	88,674	130,855
Other assets - derivatives	16,767	3,109
Total financial assets	228,967	281,533
Financial liabilities:
Other liabilities - derivatives	6,797	2,854
Total financial liabilities	$ 6,797	2,854
Percentage of level 3 assets to total assets held at fair value	1.60%
Percentage of level 3 assets to total assets	0.20%
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	50,664	63,235
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 (Sensitivity Analysi

FAIR VALUE (Sensitivity Analysis of Fair Value, Mortgage Servicing Rights) (Details) - MSRs $ in Millions	Jun. 30, 2020USD ($)
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	$ (5.3)
Sensitivity analysis of fair value, impact of 20 percent adverse change in prepayment speed	(10.2)
Sensitivity analysis of fair value, impact of 10 percent adverse change in discount rate	(2.5)
Sensitivity analysis of fair value, impact of 20 percent adverse change in discount rate	$ (4.9)

FAIR VALUE (Reconciliation of A

FAIR VALUE (Reconciliation of Assets and Liabilities Using Level 3 Inputs) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Fair Value, Assets, Unobservable Input Reconciliation [Roll Forward]
Change in gain (loss) included in other comprehensive income (loss)	$ 100
Level 3 | Recurring
Fair Value, Assets, Unobservable Input Reconciliation [Roll Forward]
Balances, beginning of period	252,805	$ 582,303	$ 278,679	$ 605,037
Losses in OCI	(88)	(830)	(319)	(1,502)
Gains/(losses) in earnings	5,708	(10,687)	(19,123)	(17,086)
Additions/Issuances	2,521	10,285	8,935	13,182
Transfers from level 2			17,634	0
Settlements	(38,776)	(20,047)	(63,636)	(38,607)
Balances, end of period	222,170	561,024	222,170	561,024
Changes in unrealized gains (losses) included in earnings related to balances still held at end of period	4,314	(12,182)	(32,516)	(18,880)
Level 3 | Recurring | Investments AFS
Fair Value, Assets, Unobservable Input Reconciliation [Roll Forward]
Balances, beginning of period	62,827	326,108	63,235	327,199
Losses in OCI	(88)	(830)	(319)	(1,502)
Gains/(losses) in earnings	0	0	0	0
Additions/Issuances	0	0	0	0
Transfers from level 2			0	0
Settlements	(12,075)	(299)	(12,252)	(718)
Balances, end of period	50,664	324,979	50,664	324,979
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	87,384	114,809	84,334	126,312
Losses in OCI	0	0	0	0
Gains/(losses) in earnings	4,059	3,405	6,950	6,952
Additions/Issuances	0	2,079	2,512	2,079
Transfers from level 2			17,634	0
Settlements	(18,581)	(16,100)	(38,568)	(31,150)
Balances, end of period	72,862	104,193	72,862	104,193
Changes in unrealized gains (losses) included in earnings related to balances still held at end of period	4,059	3,405	6,950	6,952
Level 3 | Recurring | MSRs
Fair Value, Assets, Unobservable Input Reconciliation [Roll Forward]
Balances, beginning of period	97,697	140,134	130,855	149,660
Losses in OCI	0	0	0	0
Gains/(losses) in earnings	(3,341)	(14,691)	(35,623)	(23,937)
Additions/Issuances	2,521	8,206	6,423	11,103
Transfers from level 2			0	0
Settlements	(8,203)	(3,736)	(12,981)	(6,913)
Balances, end of period	88,674	129,913	88,674	129,913
Changes in unrealized gains (losses) included in earnings related to balances still held at end of period	(3,341)	(14,691)	(35,623)	(23,937)
Level 3 | Recurring | Derivatives, net
Fair Value, Assets, Unobservable Input Reconciliation [Roll Forward]
Balances, beginning of period	4,897	1,252	255	1,866
Losses in OCI	0	0	0	0
Gains/(losses) in earnings	4,990	599	9,550	(101)
Additions/Issuances	0	0	0	0
Transfers from level 2			0	0
Settlements	83	88	165	174
Balances, end of period	9,970	1,939	9,970	1,939
Changes in unrealized gains (losses) included in earnings related to balances still held at end of period	$ 3,596	$ (896)	$ (3,843)	$ (1,895)

FAIR VALUE (Fair Value Measur_2

FAIR VALUE (Fair Value Measurements, Non-recurring) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 72,900	$ 102,000
LHFS	241,300	289,000
Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed assets	49,358	68,248
Vehicle inventory	294,156	346,265
LHFS	5,198,114	1,131,214
MSRs	7,318	8,197
Nonrecurring | Lower-of-cost-or fair value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
LHFS	2,600,000
Nonrecurring | Impaired commercial LHFI
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	185,261	489,860
Total carrying value of the loans	175,800	448,800
Nonrecurring | Auto loans impaired due to bankruptcy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	187,837	201,007
Goodwill	350,000	0
Nonrecurring | Impaired personal loans held for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
LHFS	808,400	1,000,000
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	0
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
Goodwill	0	0
Nonrecurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed assets	8,693	17,168
Vehicle inventory	294,156	346,265
LHFS	103	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	52,195	133,640
Nonrecurring | Level 2 | Auto loans impaired due to bankruptcy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	187,837	200,504
Goodwill	0	0
Nonrecurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed assets	40,665	51,080
Vehicle inventory	0	0
LHFS	5,198,011	1,131,214
MSRs	7,318	8,197
Nonrecurring | Level 3 | Impaired commercial LHFI
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	133,066	356,220
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	503
Goodwill	$ 350,000	$ 0

FAIR VALUE (Fair Value Adjustme

FAIR VALUE (Fair Value Adjustments) (Details) - USD ($)	Jan. 01, 2019	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Goodwill		$ 2,596,161,000		$ 2,596,161,000		$ 4,444,389,000
Impairment of goodwill	$ 0	1,848,228,000	$ 0	1,848,228,000	$ 0
Nonrecurring
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Goodwill		2,200,000,000		2,200,000,000
Nonrecurring | Impaired LHFI | Credit loss expense
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value adjustment		2,461,000	479,000	6,153,000	(6,113,000)
Nonrecurring | Foreclosed assets | Miscellaneous income, net
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value adjustment		(1,171,000)	(1,532,000)	(3,121,000)	(3,784,000)
Nonrecurring | LHFS | Miscellaneous income, net
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value adjustment		(268,364,000)	(104,365,000)	(331,302,000)	(172,038,000)
Nonrecurring | Auto loans impaired due to bankruptcy
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Goodwill, fair value disclosure		350,000,000		350,000,000		$ 0
Nonrecurring | Auto loans impaired due to bankruptcy | Credit loss expense
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value adjustment		4,953,000	(7,254,000)	0	(11,664,000)
Nonrecurring | Goodwill impairment | Impairment of goodwill
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value adjustment		1,848,228,000	0	1,848,228,000	0
Nonrecurring | MSRs | Miscellaneous income, net
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value adjustment		$ (5,000)	$ (182,000)	$ (138,000)	$ (355,000)

FAIR VALUE (Quantitative Inform

FAIR VALUE (Quantitative Information) (Details) $ in Thousands	Jun. 30, 2020USD ($)	Dec. 31, 2019USD ($)
Financial Assets:
RICs held-for-investment	$ 72,900	$ 102,000
LHFS	241,300	289,000
MSRs	90,231	132,683
Level 3 | Financing bonds
Financial Assets:
ABS	$ 50,664	$ 51,001
Level 3 | Financing bonds | Discount rate | Minimum
Financial Assets:
ABS, Unobservable Inputs (as a percent)	0.0037	0.0164
Level 3 | Financing bonds | Discount rate | Maximum
Financial Assets:
ABS, Unobservable Inputs (as a percent)	0.0037	0.0164
Level 3 | Financing bonds | Discount rate | Weighted Average
Financial Assets:
ABS, Unobservable Inputs (as a percent)	0.0037	0.0164
Level 3 | Sale-leaseback securities
Financial Assets:
ABS		$ 12,234
Level 3 | Sale-leaseback securities | Offered Quotes
Financial Assets:
ABS, Unobservable Inputs (as a percent)		1.0300
Level 3 | RICs HFI
Financial Assets:
RICs held-for-investment	$ 72,862	$ 84,334
Level 3 | RICs HFI | Discount rate | Minimum
Financial Assets:
RICs HFI, Unobservable Inputs (as a percent)	0.095	0.0950
Level 3 | RICs HFI | Discount rate | Maximum
Financial Assets:
RICs HFI, Unobservable Inputs (as a percent)	0.145	0.1450
Level 3 | RICs HFI | Discount rate | Weighted Average
Financial Assets:
RICs HFI, Unobservable Inputs (as a percent)	0.1201	0.1316
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)	0.25	0.25
Level 3 | RICs HFI | Recovery Rate | Maximum
Financial Assets:
RICs HFI, Unobservable Inputs (as a percent)	0.43	0.43
Level 3 | RICs HFI | Recovery Rate | Weighted Average
Financial Assets:
RICs HFI, Unobservable Inputs (as a percent)	0.4196	0.4112
Level 3 | Personal LHFS
Financial Assets:
LHFS	$ 808,405	$ 1,007,105
Level 3 | Personal LHFS | Discount rate | Minimum
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.2000	0.1500
Level 3 | Personal LHFS | Discount rate | Maximum
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.3000	0.2500
Level 3 | Personal LHFS | Market participant view | Minimum
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.6500	0.7000
Level 3 | Personal LHFS | Market participant view | Maximum
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.7000	0.8000
Level 3 | Personal LHFS | Default rate | Minimum
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.4500	0.3000
Level 3 | Personal LHFS | Default rate | Maximum
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.5500	0.4000
Level 3 | Personal LHFS | Net principal & interest payment rate | Minimum
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.5000	0.7000
Level 3 | Personal LHFS | Net principal & interest payment rate | Maximum
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.6000	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 | RICs HFS
Financial Assets:
LHFS	$ 1,637,194
Level 3 | RICs HFS | Discount rate | Minimum
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.0150
Level 3 | RICs HFS | Discount rate | Maximum
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.0250
Level 3 | RICs HFS | Discount rate | Weighted Average
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.0200
Level 3 | RICs HFS | Default rate | Minimum
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.0100
Level 3 | RICs HFS | Default rate | Maximum
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.0200
Level 3 | RICs HFS | Default rate | Weighted Average
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.0180
Level 3 | RICs HFS | Loss severity rate | Minimum
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.5000
Level 3 | RICs HFS | Loss severity rate | Maximum
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.6000
Level 3 | RICs HFS | Loss severity rate | Weighted Average
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.5500
Level 3 | RICs HFS | Prepayment rate | Minimum
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.1000
Level 3 | RICs HFS | Prepayment rate | Maximum
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.2000
Level 3 | RICs HFS | Prepayment rate | Weighted Average
Financial Assets:
LHFS, Unobservable Inputs (as a percent)	0.1500
Level 3 | MSRs
Financial Assets:
MSRs	$ 88,674	$ 130,855
Level 3 | MSRs | Discount rate
Financial Assets:
MSRs, Unobservable Inputs (as a percent)	0.0943	0.0963
Level 3 | MSRs | CPR | Minimum
Financial Assets:
MSRs, Unobservable Inputs (as a percent)	0	0.0783
Level 3 | MSRs | CPR | Maximum
Financial Assets:
MSRs, Unobservable Inputs (as a percent)	0.2871	1
Level 3 | MSRs | CPR | Weighted Average
Financial Assets:
MSRs, Unobservable Inputs (as a percent)	0.1696	0.1197

FAIR VALUE (Fair Value of Finan

FAIR VALUE (Fair Value of Financial Instruments) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Financial assets:
AFS investment securities	$ 12,047,923	$ 14,339,758
Investments in debt securities HTM	5,414,720	3,957,227
Other investments - trading securities	19,766	1,097
LHFS	241,300	289,000
Derivatives	1,644,784	555,896
Financial liabilities:
Derivatives	1,424,258	537,008
Carrying Value
Financial assets:
Cash and cash equivalents	11,085,206	7,644,372
AFS investment securities	12,047,923	14,339,758
Investments in debt securities HTM	5,229,562	3,938,797
Other investments - trading securities	769,766	1,097
LHFI, net	84,181,092	89,059,251
LHFS	5,439,364	1,420,223
Restricted cash	5,189,766	3,881,880
MSRs	90,231	132,683
Derivatives	1,645,386	556,331
Financial liabilities:
Deposits	5,528,540	9,375,281
Borrowings and other debt obligations	49,857,326	50,654,406
Derivatives	1,434,883	546,414
Fair Value
Financial assets:
Cash and cash equivalents	11,085,206	7,644,372
AFS investment securities	12,047,923	14,339,758
Investments in debt securities HTM	5,414,720	3,957,227
Other investments - trading securities	769,766	1,097
LHFI, net	88,368,326	90,490,760
LHFS	5,439,364	1,420,295
Restricted cash	5,189,766	3,881,880
MSRs	95,992	139,052
Derivatives	1,645,386	556,331
Financial liabilities:
Deposits	5,575,162	9,384,994
Borrowings and other debt obligations	50,291,535	51,232,798
Derivatives	1,434,883	546,414
Fair Value | Level 1
Financial assets:
Cash and cash equivalents	11,085,206	7,644,372
AFS investment securities	0	0
Investments in debt securities HTM	0	0
Other investments - trading securities	0	379
LHFI, net	0	0
LHFS	0	0
Restricted cash	5,189,766	3,881,880
MSRs	0	0
Derivatives	0	0
Financial liabilities:
Deposits	0	0
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	11,997,259	14,276,523
Investments in debt securities HTM	5,414,720	3,957,227
Other investments - trading securities	769,766	718
LHFI, net	52,195	1,142,998
LHFS	241,353	289,009
Restricted cash	0	0
MSRs	0	0
Derivatives	1,628,619	553,222
Financial liabilities:
Deposits	5,575,162	9,384,994
Borrowings and other debt obligations	33,991,246	36,114,404
Derivatives	1,428,086	543,560
Fair Value | Level 3
Financial assets:
Cash and cash equivalents	0	0
AFS investment securities	50,664	63,235
Investments in debt securities HTM	0	0
Other investments - trading securities	0	0
LHFI, net	88,316,131	89,347,762
LHFS	5,198,011	1,131,286
Restricted cash	0	0
MSRs	95,992	139,052
Derivatives	16,767	3,109
Financial liabilities:
Deposits	0	0
Borrowings and other debt obligations	16,300,289	15,118,394
Derivatives	$ 6,797	$ 2,854

FAIR VALUE (Fair Value Option f

FAIR VALUE (Fair Value Option for Financial Assets and Liabilities) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Fair Value
Nonaccrual loans	$ 2,382	$ 10,616
Aggregate UPB
Nonaccrual loans	3,558	12,917
Difference
Nonaccrual loans	(1,176)	(2,301)
Residential mortgages
Difference
Principal balance of loans serviced for others	14,100,000	15,000,000
LHFS
Fair Value
LHFS	241,250	289,009
Aggregate UPB
LHFS	228,660	284,111
Difference
LHFS	12,590	4,898
RICs HFI
Fair Value
RICs HFI	72,862	101,968
Aggregate UPB
RICs HFI	79,249	113,863
Difference
RICs HFI	$ (6,387)	$ (11,895)

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, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Revenue from Contract with Customer [Abstract]
Consumer and commercial fees	$ 108,826	$ 146,499	$ 233,074	$ 279,517
Lease income	755,006	705,835	1,526,666	1,380,720
Mortgage banking income, net	17,038	13,908	33,127	22,723
BOLI	13,815	16,113	28,909	30,431
Capital market revenue	84,184	48,442	122,468	97,964
Net gain on sale of operating leases	23,145	48,479	50,096	72,490
Asset and wealth management fees	50,941	44,157	103,592	87,204
Loss on sale of non-mortgage loans	(122,533)	(83,916)	(184,640)	(151,373)
Other miscellaneous (loss) / income, net	(166,620)	21,088	(131,609)	38,376
Net gain/(loss) on sale of investment securities	22,516	2,379	31,795	379
TOTAL NON-INTEREST INCOME	$ 786,318	$ 962,984	$ 1,813,478	$ 1,858,431

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, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Disaggregation of Revenue [Line Items]
Lease income	$ 755,006	$ 705,835	$ 1,526,666	$ 1,380,720
Miscellaneous income/(loss)	(244,182)	(16,198)	(269,873)	(38,257)
Net gain/(loss) on sale of investment securities	22,516	2,379	31,795	379
Total out-of-scope of revenue from contracts with customers	592,367	767,810	1,401,976	1,484,382
Non-interest income	786,318	962,984	1,813,478	1,858,431
Total in-scope of revenue from contracts with customers
Disaggregation of Revenue [Line Items]
In-scope of revenue from contracts with customers	193,951	195,174	411,502	374,049
Depository services
Disaggregation of Revenue [Line Items]
In-scope of revenue from contracts with customers	41,825	60,115	99,029	116,282
Commission and trailer fees
Disaggregation of Revenue [Line Items]
In-scope of revenue from contracts with customers	45,552	40,987	97,264	79,636
Interchange income, net
Disaggregation of Revenue [Line Items]
In-scope of revenue from contracts with customers	15,599	17,851	31,919	32,963
Underwriting service fees
Disaggregation of Revenue [Line Items]
In-scope of revenue from contracts with customers	49,200	27,249	75,407	50,792
Asset and wealth management fees
Disaggregation of Revenue [Line Items]
In-scope of revenue from contracts with customers	26,271	37,077	69,291	73,997
Other revenue from contracts with customers
Disaggregation of Revenue [Line Items]
In-scope of revenue from contracts with customers	15,504	11,895	38,592	20,379
Consumer and commercial fees
Disaggregation of Revenue [Line Items]
Out-of-scope of revenue from contracts with customers	$ 59,027	$ 75,794	$ 113,388	$ 141,540

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, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2018
Revenue from Contract with Customer [Abstract]
Amortization of intangibles	$ 14,744	$ 14,742	$ 29,487	$ 29,508
Deposit insurance premiums and other expenses	13,766	10,507	26,320	42,244	$ 25,300
Loss on debt extinguishment	890	1,109	1,026	1,127
Other administrative expenses	111,655	122,644	199,485	258,529
Other miscellaneous expenses	8,327	11,502	21,409	14,828
Total Other expenses	$ 149,382	$ 160,504	$ 277,727	$ 346,236

COMMITMENTS, CONTINGENCIES, A_3

COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Other Commitments) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Other Commitments [Line Items]
Lines of credit outstanding	$ 122,700	$ 89,600
Total commitments	33,846,354	32,378,134
Commitments to extend credit
Other Commitments [Line Items]
Other commitments	32,068,222	30,685,478
Letters of credit
Other Commitments [Line Items]
Letters of credit	1,653,301	1,592,726
Commitments to sell loans
Other Commitments [Line Items]
Other commitments	44,588	21,341
Unsecured revolving lines of credit
Other Commitments [Line Items]
Lines of credit outstanding	26,854	24,922
Recourse exposure on sold loans
Other Commitments [Line Items]
Other commitments	$ 53,389	$ 53,667

COMMITMENTS, CONTINGENCIES, A_4

COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Commitments to Extend Credit) (Details) - USD ($) $ in Billions	Jun. 30, 2020	Dec. 31, 2019
Commitments to extend credit
Other Commitments [Line Items]
Commitments that can be canceled without notice	$ 6.5	$ 5.7

COMMITMENTS, CONTINGENCIES, A_5

COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Letters of Credit) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Other Commitments [Line Items]
Lines of credit outstanding	$ 122,700	$ 89,600
Letters of credit
Other Commitments [Line Items]
Commitments, weighted average term	15 months 3 days
Letters of credit	$ 1,653,301	$ 1,592,726

COMMITMENTS, CONTINGENCIES, A_6

COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Commitments to Sell Loans) (Details)	6 Months Ended
	Jun. 30, 2020
Commitments to sell loans
Other Commitments [Line Items]
Forward contracts maturity period (less than)	1 year

COMMITMENTS, CONTINGENCIES, A_7

COMMITMENTS, CONTINGENCIES, AND GUARANTEES (SC Commitments) (Details) - SC - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Consumer arrangements
Long-term Purchase Commitment [Line Items]
Contingencies	$ 12,300	$ 1,991
Chrysler | Revenue-sharing and gain/(loss), net-sharing payments
Long-term Purchase Commitment [Line Items]
Commitments	(2,228)	12,132
Bank of America | Servicer performance fee
Long-term Purchase Commitment [Line Items]
Commitments	1,508	2,503
CBP | Loss-sharing payments
Long-term Purchase Commitment [Line Items]
Commitments	$ 940	$ 1,429

COMMITMENTS, CONTINGENCIES, A_8

COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Chrysler Agreement) (Details) - SC - Chrysler	Jun. 30, 2020USD ($)
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, A_9

COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Agreement with Bank of America) (Details) - SC - Bank of America - USD ($)	6 Months Ended
	Jun. 30, 2020	Jan. 31, 2017
Other Commitments [Line Items]
Commitments		$ 300,000,000
Servicer payments period	6 years

COMMITMENTS, CONTINGENCIES, _10

COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Agreement with CBP) (Details)	6 Months Ended
	Jun. 30, 2020
SC | CBP
Other Commitments [Line Items]
Loss-sharing payment percentage	0.50%

COMMITMENTS, CONTINGENCIES, _11

COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Bluestem) (Details) - SC - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Dec. 31, 2018
Other Commitments [Line Items]
Purchase obligation	$ 14.9		$ 10.6
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		3,000	$ 3,100
Purchases from other commitments	500		$ 1,200
Bluestem | Purchase of Receivables Related to New Opened Customer Accounts
Other Commitments [Line Items]
Purchases from other commitments	$ 78.8	$ 75.5

COMMITMENTS, CONTINGENCIES, _12

COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Others) (Details) - SC - USD ($)	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
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	$ 27,700,000	$ 39,800,000

COMMITMENTS, CONTINGENCIES, _13

COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Legal and Regulatory Proceedings) (Details) loan in Thousands, $ in Millions	Jul. 28, 2020USD ($)	May 19, 2020USD ($)	Aug. 08, 2019USD ($)	Jun. 30, 2020USD ($)claim	Dec. 31, 2007USD ($)loan	Dec. 31, 2019USD ($)	Oct. 31, 2013USD ($)
Loss Contingencies [Line Items]
Accrued legal and regulatory liabilities				$ 185		$ 295
JPMorgan Chase Mortgage Loan Sale Indemnity Demand
Loss Contingencies [Line Items]
Number of mortgage loans sold | loan					35
Damages sought, value					$ 38
Consumer Remediation
Loss Contingencies [Line Items]
Litigation settlement, amount awarded to other party		$ 65
Investigation Costs
Loss Contingencies [Line Items]
Litigation settlement, amount awarded to other party		5
Settlement Administration Costs
Loss Contingencies [Line Items]
Litigation settlement, amount awarded to other party		2
Debt Forgiveness
Loss Contingencies [Line Items]
Litigation settlement, amount awarded to other party		$ 45
Puerto Rico FINRA Arbitrations
Loss Contingencies [Line Items]
Number of FINRA arbitration cases | claim				764
Number of claims that remain pending | claim				346
Puerto Rico Closed-End Funds Shareholder Derivative and Class Action | Puerto Rico
Loss Contingencies [Line Items]
Bonds (more than)							$ 180
Closed-end funds							$ 101
Puerto Rico Municipal Bond Insurer Litigation | Puerto Rico
Loss Contingencies [Line Items]
Damages sought, value			$ 720
Deka Investment v. Santander Comsumer USA Holdings Inc. | Subsequent Event
Loss Contingencies [Line Items]
Loss contingency, damages paid, value	$ 47
Maximum
Loss Contingencies [Line Items]
Estimate of possible loss				$ 145

RELATED PARTY TRANSACTIONS (Nar

RELATED PARTY TRANSACTIONS (Narrative 10-Q) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Related Party Transaction [Line Items]
Contribution from shareholder		$ 41,570,000	$ 0	$ 75,901,000
Interest-bearing deposits with an affiliate bank	$ 750,000,000		750,000,000		$ 0
BSI | Affiliated Entity
Related Party Transaction [Line Items]
Interest-bearing deposits with an affiliate bank	1,000,000,000		1,000,000,000
Santander | SC | Affiliated Entity
Related Party Transaction [Line Items]
Servicing fee income	5,200,000	7,700,000	11,200,000	16,100,000
Collections due to Santander	7,100,000		7,100,000		$ 8,200,000
Purchase of Retail Installment Contracts | SC | Affiliated Entity
Related Party Transaction [Line Items]
Purchases of RICs	$ 1,700,000,000	$ 1,900,000,000	$ 2,800,000,000	$ 3,000,000,000

BUSINESS SEGMENT INFORMATION (N

BUSINESS SEGMENT INFORMATION (Narrative) (Details) $ in Millions	Jun. 30, 2020USD ($)
CIB
Segment Reporting Information [Line Items]
Minimum annual revenue to service corporations	$ 500

BUSINESS SEGMENT INFORMATION (S

BUSINESS SEGMENT INFORMATION (Segment Information) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Segment Reporting Information [Line Items]
Net interest income	$ 1,538,790	$ 1,621,725	$ 3,124,766	$ 3,224,610
Non-interest income	786,318	962,984	1,813,478	1,858,431
Credit loss expense	977,373	480,632	2,162,983	1,080,843
Total expenses	3,429,690	1,542,386	5,013,491	3,084,801
(LOSS)/INCOME BEFORE INCOME TAX (BENEFIT)/PROVISION	(2,081,955)	561,691	(2,238,230)	917,397
Intersegment revenue/(expense)	0	0	0	0
Total assets	152,353,787	143,910,431	152,353,787	143,910,431	$ 149,499,477
Reportable Segments | CBB
Segment Reporting Information [Line Items]
Net interest income	358,430	374,187	708,278	739,164
Non-interest income	71,373	86,543	154,926	161,200
Credit loss expense	186,714	40,215	352,184	77,215
Total expenses	1,955,547	404,102	2,340,820	794,073
(LOSS)/INCOME BEFORE INCOME TAX (BENEFIT)/PROVISION	(1,712,458)	16,413	(1,829,800)	29,076
Intersegment revenue/(expense)	541	581	961	976
Total assets	24,052,719	22,801,820	24,052,719	22,801,820
Reportable Segments | C&I
Segment Reporting Information [Line Items]
Net interest income	70,034	57,428	127,853	110,771
Non-interest income	12,221	16,738	25,952	33,010
Credit loss expense	36,568	6,925	71,178	15,585
Total expenses	337,287	59,508	387,037	114,183
(LOSS)/INCOME BEFORE INCOME TAX (BENEFIT)/PROVISION	(291,600)	7,733	(304,410)	14,013
Intersegment revenue/(expense)	2,381	1,053	4,944	2,304
Total assets	7,048,220	7,442,924	7,048,220	7,442,924
Reportable Segments | CRE & VF
Segment Reporting Information [Line Items]
Net interest income	90,160	105,148	191,309	207,714
Non-interest income	2,157	3,194	5,350	6,433
Credit loss expense	14,252	3,534	63,387	3,400
Total expenses	29,736	32,593	58,681	62,667
(LOSS)/INCOME BEFORE INCOME TAX (BENEFIT)/PROVISION	48,329	72,215	74,591	148,080
Intersegment revenue/(expense)	1,019	1,782	2,753	3,791
Total assets	19,567,288	18,809,753	19,567,288	18,809,753
Reportable Segments | CIB
Segment Reporting Information [Line Items]
Net interest income	42,457	40,033	79,376	78,068
Non-interest income	90,398	54,423	140,550	106,629
Credit loss expense	15,314	(4,188)	33,455	(2,746)
Total expenses	62,424	66,120	124,923	132,560
(LOSS)/INCOME BEFORE INCOME TAX (BENEFIT)/PROVISION	55,117	32,524	61,548	54,883
Intersegment revenue/(expense)	(3,941)	(3,401)	(8,658)	(7,071)
Total assets	12,419,110	10,178,060	12,419,110	10,178,060
Reportable Segments | Other
Segment Reporting Information [Line Items]
Net interest income	(9,330)	30,715	15,662	71,904
Non-interest income	(49,109)	114,251	65,244	206,633
Credit loss expense	(137,597)	4,622	(127,436)	8,393
Total expenses	121,796	181,599	291,186	406,301
(LOSS)/INCOME BEFORE INCOME TAX (BENEFIT)/PROVISION	(42,638)	(41,255)	(82,844)	(136,157)
Intersegment revenue/(expense)	0	(15)	0	0
Total assets	41,997,755	38,261,781	41,997,755	38,261,781
Reportable Segments | SC
Segment Reporting Information [Line Items]
Net interest income	984,745	992,485	1,996,152	1,976,050
Non-interest income	667,242	713,737	1,441,074	1,389,291
Credit loss expense	861,896	430,676	1,769,783	981,555
Total expenses	919,626	795,514	1,803,423	1,566,487
(LOSS)/INCOME BEFORE INCOME TAX (BENEFIT)/PROVISION	(129,535)	480,032	(135,980)	817,299
Intersegment revenue/(expense)	0	0	0	0
Total assets	47,268,695	46,416,093	47,268,695	46,416,093
SC Purchase Price Adjustments | SC
Segment Reporting Information [Line Items]
Net interest income	(201)	9,802	(423)	17,126
Non-interest income	3,168	2,313	5,021	4,314
Credit loss expense	226	(1,152)	432	(2,559)
Total expenses	9,804	9,860	19,593	20,390
(LOSS)/INCOME BEFORE INCOME TAX (BENEFIT)/PROVISION	(7,063)	3,407	(15,427)	3,609
Intersegment revenue/(expense)	0	0	0	0
Total assets	0	0	0	0
Eliminations
Segment Reporting Information [Line Items]
Net interest income	2,495	11,927	6,559	23,813
Non-interest income	(11,132)	(28,215)	(24,639)	(49,079)
Credit loss expense	0	0	0	0
Total expenses	(6,530)	(6,910)	(12,172)	(11,860)
(LOSS)/INCOME BEFORE INCOME TAX (BENEFIT)/PROVISION	(2,107)	(9,378)	(5,908)	(13,406)
Intersegment revenue/(expense)	0	0	0	0
Total assets	$ 0	$ 0	$ 0	$ 0

Uncategorized Items - sov-20200

Label	Element	Value
Accounting Standards Update [Extensible List]	us-gaap_AccountingStandardsUpdateExtensibleList	us-gaap:AccountingStandardsUpdate201602Member