Santander Holdings USA (SOV) 10-K 7 Mar 22 2021 FY Annual report Financial data

Cover Page

Cover Page - USD ($)	12 Months Ended
	Dec. 31, 2021	Feb. 28, 2022	Jun. 30, 2021
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2021
Current Fiscal Year End Date	--12-31
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 Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 0
Entity Common Stock, Shares Outstanding (in shares)		530,391,043
Entity Central Index Key	0000811830
Amendment Flag	false
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2021
Audit Information [Abstract]
Auditor Firm ID	238
Auditor Name	PricewaterhouseCoopers LLP
Auditor Location	Boston, Massachusetts

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Dec. 31, 2021	Dec. 31, 2020
ASSETS
Cash and cash equivalents		$ 19,305,530	$ 12,621,281
Federal Funds Sold and Securities Purchased under Agreements to Resell		5,346,468	0
Investment securities:
AFS at fair value		11,313,937	11,313,489
HTM (fair value of $6,629,206 and $5,677,929 as of December 31, 2021 and December 31, 2020, respectively)		6,702,471	5,504,685
Other investments (includes trading securities of $35,791 and $40,435 as of December 31, 2021 and December 31, 2020, respectively)		1,096,138	1,553,862
LHFI	[1],[2]	92,075,812	92,133,182
ALLL	[2]	(6,461,410)	(7,338,493)
Net LHFI		85,614,402	84,794,689
LHFS	[2],[3]	255,023	2,226,196
Premises and equipment, net	[4]	856,393	787,341
Operating lease assets, net	[2],[5]	15,406,402	16,412,929
Goodwill		2,596,161	2,596,161
Intangible assets, net		339,079	357,547
BOLI		1,942,099	1,908,806
Restricted cash	[2]	5,711,705	5,303,460
Other assets	[2],[6]	3,335,423	4,052,230
TOTAL ASSETS		159,821,231	149,432,676
LIABILITIES
Accounts payables and accrued expenses		5,329,755	4,700,349
Deposits and other customer accounts		81,598,172	75,303,707
Federal funds purchased and securities loaned or sold under repurchase agreements		5,258,875	0
Borrowings and other debt obligations	[2]	41,133,187	46,359,467
Advance payments by borrowers for taxes and insurance		142,592	144,214
Deferred tax liabilities, net		771,341	182,353
Other liabilities	[2]	1,119,959	1,479,874
TOTAL LIABILITIES		135,353,881	128,169,964
Commitments and contingencies (Note 20)
STOCKHOLDER'S EQUITY
Common stock and paid-in capital (no par value; 800,000,000 shares authorized; 530,391,043 shares outstanding at both December 31, 2021 and December 31, 2020)		17,875,938	17,876,818
AOCI/(loss), net of taxes		(188,110)	166,295
Retained earnings		4,826,127	1,843,765
TOTAL SHUSA STOCKHOLDER'S EQUITY		22,513,955	19,886,878
NCI		1,953,395	1,375,834
TOTAL STOCKHOLDER'S EQUITY		24,467,350	21,262,712
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY		$ 159,821,231	$ 149,432,676
[1]	LHFI includes $33.5 million and $50.4 million of loans recorded at fair value at December 31, 2021 and December 31, 2020, respectively.
[2]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At December 31, 2021 and December 31, 2020, LHFI included $20.6 billion and $22.6 billion, LHFS included $0.0 billion and $0.6 billion Operating leases assets, net included $14.7 billion and $16.4 billion, restricted cash included $1.6 billion and $1.7 billion, Other assets included $629.4 million and $791.3 million, Borrowings and other debt obligations included $29.2 billion and $31.7 billion, and Other liabilities included $81.1 million and $84.9 million of assets or liabilities that were included within VIEs, respectively. See Note 8 to these Consolidated Financial Statements for additional information.
[3]	Includes $166.8 million and $265.4 million of loans recorded at the FVO at December 31, 2021 and December 31, 2020, respectively.
[4]	Net of accumulated depreciation of $1.8 billion and $1.6 billion at December 31, 2021 and December 31, 2020, respectively.
[5]	Net of accumulated depreciation of $3.8 billion and $4.8 billion at December 31, 2021 and December 31, 2020, respectively.
[6]	Includes MSRs of $79.1 million and $77.5 million at December 31, 2021 and December 31, 2020, respectively, for which the Company has elected the FVO. See Note 15 to these Consolidated Financial Statements for additional information.

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands		Dec. 31, 2021	Dec. 31, 2020
ASSETS
Held-to-maturity securities, fair value		$ 6,629,206	$ 5,677,929
Trading securities		$ 35,791	$ 40,435
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		$ 33,500	$ 50,400
Loans held for sale		166,800	265,400
Accumulated depreciation		1,812,827	1,629,143
LHFI	[1],[2]	92,075,812	92,133,182
LHFS	[2],[3]	255,023	2,226,196
Operating lease assets, net	[2],[4]	15,406,402	16,412,929
Restricted cash	[2]	5,711,705	5,303,460
Other assets	[2],[5]	3,335,423	4,052,230
Borrowings and other debt obligations	[2]	41,133,187	46,359,467
Other liabilities	[2]	1,119,959	1,479,874
Property, plant, and equipment, lessor asset under operating lease, accumulated depreciation		3,800,000	4,800,000
VIEs, Primary Beneficiary
STOCKHOLDER'S EQUITY
LHFI		20,551,716	22,572,549
LHFS		0	581,938
Operating lease assets, net		14,668,336	16,391,107
Restricted cash		1,637,311	1,737,021
Other assets		629,364	791,306
Borrowings and other debt obligations		29,200,000	31,700,000
Other liabilities		81,098	84,922
Residential mortgages
STOCKHOLDER'S EQUITY
Mortgage servicing rights		$ 79,100	$ 77,500
[1]	LHFI includes $33.5 million and $50.4 million of loans recorded at fair value at December 31, 2021 and December 31, 2020, respectively.
[2]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At December 31, 2021 and December 31, 2020, LHFI included $20.6 billion and $22.6 billion, LHFS included $0.0 billion and $0.6 billion Operating leases assets, net included $14.7 billion and $16.4 billion, restricted cash included $1.6 billion and $1.7 billion, Other assets included $629.4 million and $791.3 million, Borrowings and other debt obligations included $29.2 billion and $31.7 billion, and Other liabilities included $81.1 million and $84.9 million of assets or liabilities that were included within VIEs, respectively. See Note 8 to these Consolidated Financial Statements for additional information.
[3]	Includes $166.8 million and $265.4 million of loans recorded at the FVO at December 31, 2021 and December 31, 2020, respectively.
[4]	Net of accumulated depreciation of $3.8 billion and $4.8 billion at December 31, 2021 and December 31, 2020, respectively.
[5]	Includes MSRs of $79.1 million and $77.5 million at December 31, 2021 and December 31, 2020, respectively, for which the Company has elected the FVO. See Note 15 to these Consolidated Financial Statements for additional information.

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
INTEREST INCOME:
Loans		$ 7,045,658,000	$ 7,657,090,000	$ 8,098,482,000
Interest-earning deposits		27,058,000	53,406,000	174,189,000
Investment securities:
AFS		107,659,000	191,451,000	280,927,000
HTM		103,911,000	96,763,000	70,815,000
Other investments		8,643,000	21,574,000	25,782,000
TOTAL INTEREST INCOME		7,292,929,000	8,020,284,000	8,650,195,000
INTEREST EXPENSE:
Deposits and other customer accounts		87,103,000	290,405,000	574,471,000
Borrowings and other debt obligations		1,016,305,000	1,370,398,000	1,632,956,000
TOTAL INTEREST EXPENSE		1,103,408,000	1,660,803,000	2,207,427,000
NET INTEREST INCOME		6,189,521,000	6,359,481,000	6,442,768,000
Credit loss expense / (benefit)		(207,349,000)	2,868,183,000	2,292,017,000
NET INTEREST INCOME AFTER CREDIT LOSS EXPENSE		6,396,870,000	3,491,298,000	4,150,751,000
NON-INTEREST INCOME:
Consumer and commercial fees		437,041,000	471,901,000	548,846,000
Capital market revenue		250,268,000	227,421,000	197,042,000
Lease income		2,899,816,000	3,037,284,000	2,872,857,000
Miscellaneous income, net	[1],[2]	850,581,000	182,085,000	104,556,000
TOTAL FEES AND OTHER INCOME		4,437,706,000	3,918,691,000	3,723,301,000
Net gain / (loss) on sale of investment securities		14,481,000	31,297,000	5,816,000
TOTAL NON-INTEREST INCOME		4,452,187,000	3,949,988,000	3,729,117,000
GENERAL, ADMINISTRATIVE AND OTHER EXPENSES:
Compensation and benefits		1,975,292,000	1,896,480,000	1,945,047,000
Occupancy and equipment expenses		663,660,000	632,424,000	603,716,000
Technology, outside service, and marketing expense		605,464,000	548,662,000	656,681,000
Loan expense		319,287,000	328,549,000	405,367,000
Lease expense		2,032,206,000	2,393,339,000	2,067,611,000
Impairment of goodwill		0	1,848,228,000	0
Other expenses		548,258,000	560,552,000	687,430,000
TOTAL GENERAL, ADMINISTRATIVE AND OTHER EXPENSES		6,144,167,000	8,208,234,000	6,365,852,000
INCOME / (LOSS) BEFORE INCOME TAX (BENEFIT)/PROVISION		4,704,890,000	(766,948,000)	1,514,016,000
Income tax (benefit)/provision		1,083,583,000	(110,645,000)	472,199,000
NET INCOME / (LOSS) INCLUDING NCI		3,621,307,000	(656,303,000)	1,041,817,000
LESS: NET INCOME / (LOSS) ATTRIBUTABLE TO NCI		638,945,000	184,061,000	288,648,000
NET INCOME / (LOSS) ATTRIBUTABLE TO SHUSA		$ 2,982,362,000	$ (840,364,000)	$ 753,169,000
[1]	Includes equity investment income/(expense), net.
[2]	Netted down by impact of lower of cost or market adjustments on a portion of the Company's LHFS portfolio zero , $509.2 million, $404.6 million for the years ended December 31, 2021, 2020, and 2019 respectively. This portion of the portfolio was sold in the first quarter of 2021.

CONSOLIDATED STATEMENTS OF OP_2

CONSOLIDATED STATEMENTS OF OPERATIONS (Parenthetical) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Statement [Abstract]
Lower of cost or market adjustment on a portion of unsecured loan portfolio held for sale	$ 0	$ 509,200,000	$ 404,600,000

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Statement of Comprehensive Income [Abstract]
NET INCOME / (LOSS) INCLUDING NCI		$ 3,621,307	$ (656,303)	$ 1,041,817
OCI, NET OF TAX
Net unrealized changes in cash flow hedge derivative financial instruments, net of tax	[1]	(158,184)	98,281	(301)
Net unrealized (losses) / gains on AFS investment securities, net of tax	[1]	(197,168)	140,143	222,887
Pension and post-retirement actuarial gains, net of tax		947	16,078	10,859
TOTAL OCI / (LOSS), NET OF TAX		(354,405)	254,502	233,445
COMPREHENSIVE INCOME		3,266,902	(401,801)	1,275,262
NET INCOME ATTRIBUTABLE TO NCI		638,945	184,061	288,648
COMPREHENSIVE INCOME ATTRIBUTABLE TO SHUSA		$ 2,627,957	$ (585,862)	$ 986,614
[1]	Excludes $5.2 million, $(7.4) million, and $(18.3) million of OCI/(loss) attributable to NCI for the years ended December 31, 2021, 2020, and 2019, respectively.

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS) (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Statement of Comprehensive Income [Abstract]
OCI attributable to noncontrolling interest	$ 5.2	$ (7.4)	$ (18.3)

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDER’S EQUITY - USD ($) $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjustment	Common Shares Outstanding	Common Stock and Paid-in Capital	Accumulated Other Comprehensive Income / (Loss)	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
Beginning balance at Dec. 31, 2018	$ 23,847,232	$ 18,652		$ 17,859,304	$ (321,652)	$ 3,783,405	$ 18,652	$ 2,526,175
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income/(loss) attributable to SHUSA	986,614				233,445	753,169
Other comprehensive income (loss) attributable to NCI	(18,265)							(18,265)
Net income attributable to NCI	288,648							288,648
Impact of SC stock option activity	10,176							10,176
Contribution from shareholder and related tax impact	88,927			88,927
Dividends declared and paid on common stock	(400,000)					(400,000)
Dividends paid to NCI	(85,160)							(85,160)
Stock repurchase attributable to NCI	(337,994)			6,210				(344,204)
Ending balance (in shares) at Dec. 31, 2019			530,391,000
Ending balance at Dec. 31, 2019	$ 24,398,830	$ (1,785,464)		17,954,441	(88,207)	4,155,226	$ (1,346,097)	2,377,370	$ (439,367)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accounting Standards Update [Extensible List]	ASU 2016-13
Comprehensive income/(loss) attributable to SHUSA	$ (585,862)				254,502	(840,364)
Other comprehensive income (loss) attributable to NCI	(7,372)							(7,372)
Net income attributable to NCI	184,061							184,061
Impact of SC stock option activity	5,536							5,536
Dividends declared and paid on common stock	(125,000)					(125,000)
Dividends paid to NCI	(50,546)							(50,546)
Stock repurchase attributable to NCI	$ (771,471)			(77,623)				(693,848)
Ending balance (in shares) at Dec. 31, 2020	530,391,043		530,391,000
Ending balance at Dec. 31, 2020	$ 21,262,712			17,876,818	166,295	1,843,765		1,375,834
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accounting Standards Update [Extensible List]	Accounting Standards Update 2016-02 [Member]
Comprehensive income/(loss) attributable to SHUSA	$ 2,627,957				(354,405)	2,982,362
Other comprehensive income (loss) attributable to NCI	5,159							5,159
Net income attributable to NCI	638,945							638,945
Impact of SC stock option activity	8,576							8,576
Dividends paid to NCI	(66,525)							(66,525)
Stock repurchase attributable to NCI	$ (9,474)			(880)				(8,594)
Ending balance (in shares) at Dec. 31, 2021	530,391,043		530,391,000
Ending balance at Dec. 31, 2021	$ 24,467,350			$ 17,875,938	$ (188,110)	$ 4,826,127		$ 1,953,395

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)		12 Months Ended
		Dec. 31, 2021		Dec. 31, 2020		Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income/(loss) including NCI		$ 3,621,307,000		$ (656,303,000)		$ 1,041,817,000
Adjustments to reconcile net income to net cash provided by operating activities:
Impairment of goodwill		0		1,848,228,000		0
Credit loss expense / (benefit)		(207,349,000)		2,868,183,000		2,292,017,000
Deferred tax expense/(benefit)		635,635,000		(276,155,000)		339,152,000
Depreciation, amortization and accretion		2,354,705,000		2,766,050,000		2,402,611,000
Net (gain)/loss on sale of loans		(41,881,000)		374,734,000		397,037,000
Net gain on sale of investment securities		(14,481,000)		(31,297,000)		(5,816,000)
Loss on debt extinguishment		0		10,887,000		2,735,000
Net loss/(gain) on real estate owned, premises and equipment, and other		6,332,000		(66,150,000)		(19,637,000)
Stock-based compensation		0		33,000		317,000
Equity loss/(income) on equity method investments		12,785,000		11,538,000		(1,584,000)
Originations of LHFS		(1,395,180,000)		(3,728,842,000)		(1,627,654,000)
Purchases of LHFS		0		0		(387,000)
Proceeds from sales of and collections on LHFS	[1]	2,853,517,000		2,085,878,000		1,727,897,000
Net change in:
Revolving personal loans		34,246,000		(282,371,000)		(360,922,000)
Other assets, BOLI and trading securities		651,562,000		621,985,000		(152,520,000)
Other liabilities		28,070,000		(277,399,000)		814,094,000
NET CASH PROVIDED BY OPERATING ACTIVITIES		8,539,268,000		5,268,999,000		6,849,157,000
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sales of AFS investment securities		1,326,299,000		2,665,593,000		1,423,579,000
Proceeds from prepayments and maturities of AFS investment securities		4,458,454,000		8,125,673,000		6,688,603,000
Purchases of AFS investment securities		(6,148,828,000)		(7,632,295,000)		(10,534,918,000)
Proceeds from prepayments and maturities of HTM investment securities		1,924,402,000		1,225,093,000		392,971,000
Purchases of HTM investment securities		(3,166,142,000)		(2,707,302,000)		(1,595,777,000)
Proceeds from sales of other investments		64,290,000		431,819,000		264,364,000
Proceeds from maturities of other investments		750,000,000		85,000		13,673,000
Purchases of other investments		(325,493,000)		(902,090,000)		(369,361,000)
Net change in federal funds sold and securities purchased under resale agreements		(5,346,468,000)		0		0
Proceeds from sales of LHFI	[2]	3,332,062,000		3,489,035,000		2,583,563,000
Proceeds from the sales of equity method investments		8,100,000		0		0
Distributions from equity method investments		9,279,000		8,053,000		4,539,000
Contributions to equity method and other investments		(183,352,000)		(135,298,000)		(228,275,000)
Proceeds from settlements of BOLI policies		26,799,000		11,023,000		34,941,000
Purchases of LHFI		(1,486,001,000)		(77,136,000)		(897,907,000)
Net change in loans other than purchases and sales		(1,878,798,000)		(3,751,019,000)		(10,184,035,000)
Purchases and originations of operating leases		(7,694,192,000)		(6,860,838,000)		(8,597,560,000)
Proceeds from the sale and termination of operating leases		6,944,112,000		4,273,115,000		3,502,677,000
Manufacturer and dealer incentives received/(paid)		(55,799,000)		433,062,000		794,237,000
Proceeds from sales of real estate owned and premises and equipment		32,905,000		49,981,000		68,491,000
Purchases of premises and equipment		(233,640,000)		(195,807,000)		(216,810,000)
Net cash paid for branch disposition		0		0		(329,328,000)
Upfront fee paid to FCA		0		0		(60,000,000)
NET CASH USED IN INVESTING ACTIVITIES		(7,642,011,000)		(1,549,253,000)		(17,242,333,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net change in deposits and other customer accounts		6,294,465,000		7,977,001,000		6,286,153,000
Net change in short-term borrowings		(158,385,000)		(36,672,000)		191,931,000
Net proceeds from long-term borrowings		28,056,693,000		42,867,377,000		48,043,664,000
Repayments of long-term borrowings		(32,280,005,000)		(41,537,581,000)		(44,522,618,000)
Proceeds from FHLB advances (with terms greater than 3 months)		0		2,500,000,000		4,435,000,000
Repayments of FHLB advances (with terms greater than 3 months)		(900,000,000)		(8,135,882,000)		(2,500,000,000)
Net change in federal funds purchased and securities loaned or sold under repurchase agreements		5,258,875,000		0		0
Net change in advance payments by borrowers for taxes and insurance		(1,622,000)		(9,206,000)		(7,308,000)
Dividends paid on common stock		0		(125,000,000)		(400,000,000)
Dividends paid to NCI		(66,525,000)		(50,546,000)		(85,160,000)
Stock repurchase attributable to NCI		(9,474,000)		(771,471,000)		(337,994,000)
Proceeds from the issuance of common stock		1,215,000		723,000		4,529,000
Capital contribution from shareholder		0		0		88,927,000
NET CASH PROVIDED BY/(USED IN) FINANCING ACTIVITIES		6,195,237,000		2,678,743,000		11,197,124,000
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH		7,092,494,000		6,398,489,000		803,948,000
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD		17,924,741,000	[3]	11,526,252,000	[3]	10,722,304,000
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD	[3]	25,017,235,000		17,924,741,000		11,526,252,000
SUPPLEMENTAL DISCLOSURES
Income taxes paid/(received), net		240,413,000		(60,703,000)		35,355,000
Interest paid		1,129,445,000		1,689,643,000		2,210,838,000
NON-CASH TRANSACTIONS
Loans transferred from other real estate owned		(31,121,000)		(41,398,000)		(1,423,000)
Loans transferred from/(to) LHFI (from)/to LHFS, net		183,601,000		3,009,343,000		2,727,067,000
Unsettled purchases of investment securities		37,589,000		113,537,000		3,108,000
ROU assets		0		0		664,057,000
Accrued expenses and payables		$ 0		$ 0		$ 705,650,000
[1]	Included in this balance is sales proceeds from Bluestem portfolio sale of $608 million for loans originated as HFS for the year ended December 31, 2021.
[2]	Included in this balance is sales proceeds from Bluestem portfolio sale of $188 million for loans originated as HFI for the year ended December 31, 2021.
[3]	The years ended December 31, 2021, 2020 and 2019 include cash and cash equivalents balances of $19.3 billion, $12.6 billion and $7.6 billion, respectively, and restricted cash balances of $5.7 billion, $5.3 billion and $3.9 billion, respectively.

CONSOLIDATED STATEMENTS OF CA_2

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)
Proceeds from sales of and collections on LHFS	$ 2,853,517	[1]
Proceeds from sales of LHFI	3,332,062	[2]
Cash and cash equivalents	19,305,530
Restricted cash	5,711,705	[3]
Consumer | Personal Loans
Proceeds from sales of and collections on LHFS	608,000
Proceeds from sales of LHFI	$ 188,000
[1]	Included in this balance is sales proceeds from Bluestem portfolio sale of $608 million for loans originated as HFS for the year ended December 31, 2021.
[2]	Included in this balance is sales proceeds from Bluestem portfolio sale of $188 million for loans originated as HFI for the year ended December 31, 2021.
[3]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At December 31, 2021 and December 31, 2020, LHFI included $20.6 billion and $22.6 billion, LHFS included $0.0 billion and $0.6 billion Operating leases assets, net included $14.7 billion and $16.4 billion, restricted cash included $1.6 billion and $1.7 billion, Other assets included $629.4 million and $791.3 million, Borrowings and other debt obligations included $29.2 billion and $31.7 billion, and Other liabilities included $81.1 million and $84.9 million of assets or liabilities that were included within VIEs, respectively. See Note 8 to these Consolidated Financial Statements for additional information.

DESCRIPTION OF BUSINESS, BASIS

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES	DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES SHUSA is the parent holding company of SBNA, a national banking association; SC, a consumer finance company headquartered in Dallas, Texas; 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; 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; SFS, a consumer credit institution headquartered in Puerto Rico; and several other subsidiaries. SHUSA is headquartered in Boston and SBNA's home office is in Wilmington, Delaware. SSLLC is a registered investment adviser with the SEC. SHUSA's two largest subsidiaries by asset size and revenue are SBNA and SC. SHUSA is a wholly-owned subsidiary of Santander. As of December 31, 2021, SC was owned approximately 80.2% by SHUSA and 19.8% by other shareholders. Refer below for additional information on SHUSA's January 31, 2022 acquisition of the remainder of SC's outstanding shares. Acquisitions and Divestitures Acquisition o f Credit Agricole Miami Wealth Management Business In May 2021, BSI closed an agreement with Crédit Agricole Corporate and Investment Bank, S.A. to take over management of $3.1 billion in global wealth management client assets and liabilities for consideration of $189 million. The Company has recorded assets acquired of $566 million (including loans of $528 million and definite-lived intangible assets of approximately $38 million) and liabilities assumed, comprised of deposits of $377 million, at fair value. Intangible assets will be amortized over t he estimated useful life of six years. Agreement to Acquire Pierpont Capital Holdings LLC In July 2021, SHUSA announced that it had reached an agreement to acquire PCH, parent company of Amherst Pierpont Securities, a market-leading independent fixed-income broker dealer, for a total consideration of approximately $450 million. PCH has a net book value of approximately $300 million. Amherst Pierpont Securities has approximately 230 employees serving more than 1,300 active institutional clients from its headquarters in New York and offices in Chicago, San Francisco, Austin, other U.S. locations and Hong Kong. The transaction is expected to close subject to regulatory approvals and customary closing conditions. Acquisition of SC Shares In August 2021, SHUSA entered into a definitive agreement whereby SHUSA agreed to acquire all of the outstanding shares of SC Common Stock not already owned by SHUSA via an all-cash tender offer. Under the terms of the definitive agreement, a wholly-owned subsidiary of SHUSA commenced a tender offer to acquire all outstanding shares of SC Common Stock that SHUSA did not already own at a price of $41.50 per share in cash. SHUSA agreed to acquire all remaining shares not tendered in the ten der offer through a second-step merger at the same price as in the tender offer. Consummation of the tender offer was subject to various conditions, including regulatory approval by the Federal Reserve and other customary closing conditions. The transaction was completed on January 31, 2022, at which time, SHUSA acquired the remaining 19.8% noncontrolling interest in SC for approximately $2.5 billion and SC became a wholly-owned subsidiary of SHUSA. Divestiture of SBC On September 1, 2020 the Company sold its investment in SBC, a financial holding company headquartered in Puerto Rico that offered a full range of financial services through its wholly-owned banking subsidiary, BSPR. Core Business SBNA’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 and leases throughout the Mid-Atlantic and Northeastern areas of the United States, principally located in Massachusetts, New Hampshire, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania, and Delaware. SBNA uses its deposits, as well as other financing sources, to fund its loan and investment portfolios. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) 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 auto 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 the MPLFA with Stellantis, SC has operated as Stellantis's preferred provider for consumer loans, leases, and dealer loans and provides services to Stellantis customers and dealers under the CCAP 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 MPLFA 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. Basis of Presentation These Consolidated Financial Statements include the accounts of the Company and its consolidated subsidiaries, including certain Trusts that are considered VIEs. The Company generally 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. These Consolidated Financial Statements have been prepared in accordance with GAAP and pursuant to SEC regulations. In the opinion of management, the accompanying Consolidated Financial Statements reflect all adjustments of a normal and recurring nature necessary for a fair statement of the Consolidated Balance Sheets, Statements of Operations, Statements of Comprehensive Income, Statements of Stockholder's Equity and Statement of Cash Flow for the periods indicated, and contain adequate disclosure to make the information presented not misleading. 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 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, fair value measurements, expected end-of-term lease residual values, and goodwill. These estimates, although based on actual historical trends and modeling, may potentially show significant variances over time. Recently Adopted Accounting Standards Since January 1, 2021, the Company has not adopted any new accounting standards that had a material impact on the Company’s financial position or results of operations. Accounting Standards adopted January 1, 2020 Effective January 1, 2020, the Company adopted Topic 326 Financial Instruments - Credit Losses, resulting in an increase in the ACL of approximately $2.5 billion, a decrease in stockholder's equity of approximately $1.8 billion and a net decrease in deferred tax liabilities of approximately $0.7 billion at January 1, 2020. Significant Accounting Policies Consolidation In accordance with the applicable accounting guidance for consolidations, the Consolidated Financial Statements include any VOEs in which the Company has a controlling financial interest and any VIEs for which the Company is deemed to be the primary beneficiary. The Company consolidates its VIEs if the Company has (i) a variable interest in the entity; (ii) the power to direct activities of the VIE that most significantly impact the entity's economic performance; and (iii) the obligation to absorb losses of the entity or the right to receive benefits from the entity that could potentially be significant to the VIE (i.e., the Company is considered to be the primary beneficiary). The Company generally consolidates its VOEs if the Company, directly or indirectly, owns more than 50% of the outstanding voting shares of the entity and the noncontrolling shareholders do not hold any substantive participating or controlling rights. Interests in VIEs and VOEs can include equity interests in corporations, partnerships and similar legal entities, subordinated debt, securitizations, derivatives contracts, leases, service agreements, guarantees, standby letters of credit, loan commitments, and other contracts, agreements and financial instruments. Upon the occurrence of certain significant events, as required by the VIE model, the Company reassesses whether a legal entity in which the Company is involved is a VIE. The reassessment process considers whether the Company has acquired or divested the power to direct the activities of the VIE through changes in governing documents or other circumstances. The reassessment also considers whether the Company has acquired or disposed of a financial interest that could be significant to the VIE, or whether an interest in the VIE has become significant or is no longer significant. The consolidation status of the entities with which the Company is involved may change as a result of such reassessments. Changes in consolidation status are applied prospectively, with assets and liabilities of a newly consolidated VIE initially recorded at fair value. A gain or loss may be recognized upon deconsolidation of a VIE, depending on the carrying amounts of deconsolidated assets and liabilities compared to the fair value of retained interests and ongoing contractual arrangements. The Company uses the equity method to account for unconsolidated investments in VOEs if the Company has significant influence over the entity's operating and financing decisions but does not maintain a controlling financial interest. Unconsolidated investments in VOEs or VIEs in which the Company has a voting or economic interest of less than 20% generally are carried at cost less any impairment. These investments are included in Other assets on the Consolidated Balance Sheets, and the Company's proportionate share of income or loss is included in Miscellaneous income, net within the Consolidated Statements of Operations. Sales of RICs and Leases The Company, through SC, transfers RICs into newly formed Trusts which then issue one or more classes of notes payable backed by the RICs. The Company’s continuing involvement with the credit facilities and Trusts are in the form of servicing loans held by the SPEs and, generally, through holding a residual interest in the SPE. These transactions are structured without recourse. The Trusts are considered VIEs under GAAP and are consolidated when the Company has: (a) power over the significant activities of the entity and (b) an obligation to absorb losses or the right to receive benefits from the VIE which are potentially significant to the VIE. The Company has power over the significant activities of those Trusts as servicer of the financial assets held in the Trust. Servicing fees are not considered significant variable interests in the Trusts; however, when the Company also retains a residual interest in the Trust, either in the form of a debt security or equity interest, the Company has an obligation to absorb losses or the right to receive benefits that are potentially significant to the SPE. For all VIEs in which the Company is involved, the Company assesses whether it is the primary beneficiary of the VIE on an ongoing basis. In circumstances where the Company have both the power to direct the activities that most significantly impact the VIEs performance and the obligation to absorb losses or the right to receive benefits of the VIE that could be significant, the Company would conclude that it is the primary beneficiary of the VIE, and accordingly, these Trusts are consolidated within the Consolidated Financial Statements, and the associated RICs, borrowings under credit facilities and securitization notes payable remain on the Consolidated Balance Sheets. In situations where the Company is not deemed to be the primary beneficiary of the VIE, the Company does not consolidate the VIE and only recognizes its interests in the VIE. These securitizations involving Trusts are treated as sales of the associated retail installment contracts. While these Trusts are included in our Consolidated Financial Statements, they are separate legal entities; thus, the finance receivables and other assets sold to these Trusts are legally owned by the Trusts, are available only to satisfy the notes payable related to the securitized RICs, and are not available to the Company's creditors or other subsidiaries. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) The Company also sells RICs and leases to VIEs or directly to third parties. The Company may determine that these transactions meet sale accounting treatment in accordance with applicable guidance. Due to the nature, purpose, and activity of these transactions, the Company either does not hold potentially significant variable interests or is not the primary beneficiary as a result of the Company's limited further involvement with the financial assets. The transferred financial assets are removed from the Company's Consolidated Balance Sheets at the time the sale is completed. The Company generally remains the servicer of the financial assets and receives servicing fees. The Company also recognizes a gain or loss for the difference between the fair value, as measured based on sales proceeds plus (or minus) the value of any servicing asset (or liability) retained and the carrying value of the assets sold. See further discussion on the Company's securitizations in Note 8 to these Consolidated Financial Statements. Cash, Cash Equivalents, and Restricted Cash Cash and cash equivalents include cash, amounts due from depository institutions, interest-bearing deposits in other banks, and federal funds sold. Cash and cash equivalents have original maturities of three months or less and, accordingly, the carrying amount of these instruments is deemed to be a reasonable estimate of fair value. The Company has maintained balances in various operating and money market accounts in excess of federally insured limits. Cash deposited to support securitization transactions, lockbox collections, and the related required reserve accounts is recorded in the Company's Consolidated Balance Sheets as restricted cash. Excess cash flows generated by Trusts are added to the restricted cash reserve account, creating additional over-collateralization until the contractual securitization requirement has been reached. Once the targeted reserve requirement is satisfied, additional excess cash flows generated by the Trusts are released to the Company as distributions from the Trusts. Lockbox collections are added to restricted cash and released when transferred to the appropriate warehouse facility or Trust. The Company also maintains restricted cash primarily related to cash posted as collateral related to derivative agreements and cash restricted for investment purposes. 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. 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, charge offs, 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 amortized cost plus or minus any unrealized gains or losses recorded in AOCI. The unrealized gain or loss at the date of transfer is amortized over the remaining lives of the securities. Any reserve for credit losses on investments recorded while the security was classified as AFS will be reversed through provision expense in non-interest income. Thereafter, the allowance will be recorded through provision expense 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 a reserve for credit losses on investments, 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. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) 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. Prior to the adoption of CECL, credit losses on HTM and AFS securities were recorded as direct write downs of the investment in the asset and in noninterest income. 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 delinquent. Realized gains and losses on sales of investment securities are recognized on the trade date and included in earnings within Net (losses)/gains on sale of investment securities, which is a component of non-interest income. Unamortized premiums and discounts are recognized in interest income over the estimated life of the security using the interest method. Debt securities held for trading purposes and equity securities are carried at fair value, with changes in fair value recorded in non-interest income. Investments that are purchased principally for the purpose of economically hedging MSR in the near term are classified as trading securities and carried at fair value, with changes in fair value recorded as a component of the Miscellaneous income, net line of the Consolidated Statements of Operations. Other investments primarily include the Company's investment in the stock of the FHLB of Pittsburgh and the FRB. Although FHLB and FRB stock are equity interests in the FHLB and FRB, respectively, neither has a readily determinable fair value, because ownership is restricted and they are not readily marketable. FHLB stock can be sold back only at its par value of $100 per share and only to FHLBs or to another member institution. Accordingly, FHLB stock and FRB stock are carried at cost. The Company evaluates this investment for impairment on the ultimate recoverability of the par value. See Note 2 to the Consolidated Financial Statements for details on the Company's investments. Securities Financing Activities The Company may enter into Securities Financing Activities primarily to deploy the Company’s excess cash and investment positions. Securities Financing Activities are treated as collateralized financings and are included in "Federal funds sold and securities purchased under resale agreements or similar arrangements" and "Federal funds purchased and securities loaned or sold under repurchase agreements" on the Company’s Condensed Consolidated Balance Sheets. Resale and repurchase agreements are generally carried at the amounts at which the securities will be subsequently sold or repurchased. These agreements are generally carried at the amount of cash collateral advanced or received plus accrued interest. Where appropriate under applicable accounting guidance, Securities Financing Activities with the same counterparty are reported on a net basis. Securities transferred to counterparties under repurchase agreements and securities lending transactions continue to be recognized on the Condensed Consolidated Balance Sheets, are measured at fair value, and are included in Investment securities AFS on the Company’s Condensed Consolidated Balance Sheets. Securities received from counterparties under reverse repurchase agreements and securities borrowed transactions are not recognized on the Condensed Consolidated Balance Sheets unless the counterparty defaults. The securities transferred under Securities Financing Activities typically are U.S. Treasury and agency securities or residential agency MBS. In general, the securities transferred can be sold, re-pledged or otherwise used by the party in possession. No restrictions exist on the use of cash collateral by either party. The Company may be exposed to counterparty risk, with such risk managed by performing assessments independent of business line managers, and establishing concentration limits on each counterparty. Additionally, these transactions include collateral arrangements that require the fair values of the underlying securities to be determined daily, resulting in cash being obtained or refunded to counterparties to maintain specified collateral levels. These financing transactions do not create material credit risk given the collateral provided and the related monitoring process. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) LHFI LHFI include commercial and consumer loans (including RICs) originated by the Company as well as loans acquired by the Company, which the Company intends to hold for the foreseeable future or until maturity. RICs include nonprime automobile finance receivables that are acquired individually from dealers at a nonrefundable discount from the contractual principal amount. RICs also include receivables originated through a direct lending program and loan portfolios purchased from other lenders. Originated LHFI Originated LHFI are reported net of cumulative charge offs, unamortized loan origination fees and costs, and unamortized discounts and premiums. Interest on loans is credited to income as it is earned. For most of the Company's originated LHFI, loan origination fees and certain direct loan origination costs and premiums and discounts are deferred and recognized as adjustments to interest income in the Consolidated Statements of Operations over the contractual life of the loan utilizing the effective interest method. For RICs, loan origination fees and costs, premiums and discounts are deferred and amortized over their estimated lives as adjustments to interest income utilizing the effective interest method using estimated prepayment speeds, which are updated on a monthly basis. The Company estimates future principal prepayments specific to pools of homogeneous loans, which are based on the vintage, credit quality at origination and term of the loan. Prepayments in our portfolio are sensitive to credit quality, with higher credit quality loans experiencing higher voluntary prepayment rates than lower credit quality loans. The resulting prepayment rate specific to each pool is based on historical experience and is used as an input in the calculation of the constant effective yield. The impact of defaults is not considered in the prepayment rate; the prepayment rate only considers voluntary prepayments. Our estimated weighted average prepayment rates ranged from 11.1% to 16.1% at December 31, 2021 and 9.8% to 16.2% at December 31, 2020. The Company’s LHFI are carried at amortized cost, net of the ALLL. When a RIC is originated, certain cost basis adjustments (the net discounts) to the principal balance of the loan are recognized in accordance with the accounting guidance for loan origination fees and costs. These cost basis adjustments generally include the following: • Origination costs. • Dealer discounts - dealer discounts to the principal balance of the loan generally occur in circumstances in which the contractual interest rate on the loan is not sufficient to compensate for the credit risk of the borrower. • Participation - participation fees, or premiums, paid to the dealer as a form of profit-sharing, rewarding the dealer for originating loans that perform. • Subvention - payments received from the vehicle manufacturer as compensation (yield enhancement) for the cost of below-market interest rates offered to consumers. Originated loans are initially recorded at the proceeds paid to fund the loan. Collateral is generally required for originated loans. For commercial loans, the Company focuses on assessing the borrower’s capacity and willingness to repay and obtaining sufficient collateral. C&I loans are generally secured by the borrower’s assets and by guarantees. CRE loans are secured by real estate at specified LTV ratios and often by a guarantee. The Company purchases residential mortgage loans and home equity loans and lines that are secured by the underlying 1-4 family residential properties. RICs and auto loans are secured by the underlying vehicles. See LHFS subsection below for accounting treatment when an HFI loan is re-designated as LHFS. Purchased LHFI Purchased loans are generally loans acquired in a bulk purchase or a business combination. RICs acquired directly from a dealer are considered to be originated loans, not purchased loans. Loans that at acquisition the Company deems to have more than insignificant deterioration in credit quality since origination are considered purchased credit deteriorated (PCD) loans. PCD loans require the recognition of an ACL at purchase. The allowance for credit losses is added to the purchase price at the date of acquisition to determine the initial amortized cost basis of the PCD loan. The ACL 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 the FVO. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) Purchase discounts and premiums on purchased loans that are deemed performing are accreted over the remaining expected lives of the loans, generally using the retrospective effective interest method, which considers the impact of estimated prepayments that is updated on a quarterly basis. The purchase discount on personal unsecured loans (given their revolving nature) are amortized on a straight-line basis. For loans under the FVO, the Company recognizes the fair value adjustments as part of other non-interest income in the Company’s Consolidated Statements of Operations. Generally, the Company does not recognize interest income on non-accrual loans under the FVO. For certain loans which the Company has elected to account for at fair value that are not considered non-accrual, the Company recognizes interest income separately from the total fair value adjustment. 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, excluding those loans accounted for under the FVO. Credit loss expenses are charged in amounts sufficient to maintain the ACL at levels considered adequate to cover expected credit losses in the Company’s HFI loan portfolios . The allowance for expected credit losses is measured based on a current 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 portfolio, past 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. 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 expected credit losses 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-K 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 a

INVESTMENT SECURITIES

INVESTMENT SECURITIES	12 Months Ended
	Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]
INVESTMENT SECURITIES	INVESTMENT SECURITIES Summary of Investments in Debt Securities - AFS and HTM The following table presents the amortized cost, gross unrealized gains and losses and approximate fair values of investments in debt securities AFS at the dates indicated: December 31, 2021 December 31, 2020 (in thousands) Amortized Gross Gross Fair Amortized Gross Gross Fair U.S. Treasury securities $ 72,860 $ 758 $ — $ 73,618 $ 168,075 $ 2,578 $ — $ 170,653 Corporate debt securities 275,963 140 (96) 276,007 155,610 114 (9) 155,715 ABS 537,835 353 (466) 537,722 109,888 686 (1,236) 109,338 State and municipal securities — — — — — — — — MBS: GNMA - Residential 4,064,718 21,169 (19,692) 4,066,195 3,467,611 69,864 (1,350) 3,536,125 GNMA - Commercial 2,086,437 2,060 (55,658) 2,032,839 1,706,648 26,949 (235) 1,733,362 FHLMC and FNMA - Residential 4,267,757 14,616 (62,732) 4,219,641 5,464,821 77,813 (4,351) 5,538,283 FHLMC and FNMA - Commercial 104,383 3,591 (59) 107,915 63,732 6,283 (2) 70,013 Total investments in debt securities AFS $ 11,409,953 $ 42,687 $ (138,703) $ 11,313,937 $ 11,136,385 $ 184,287 $ (7,183) $ 11,313,489 The following table presents the amortized cost, gross unrealized gains and losses and approximate fair values of investments in debt securities HTM at the dates indicated: December 31, 2021 December 31, 2020 (in thousands) Amortized Gross Gross Fair Amortized Gross Gross Fair ABS $ 89,722 $ 319 $ — $ 90,041 $ 44,841 $ 765 $ — $ 45,606 MBS: GNMA - Residential 2,862,595 13,412 (45,102) 2,830,905 1,966,247 51,417 (1,819) 2,015,845 GNMA - Commercial 3,750,154 25,524 (67,418) 3,708,260 3,493,597 124,429 (1,548) 3,616,478 Total investments in debt securities HTM $ 6,702,471 $ 39,255 $ (112,520) $ 6,629,206 $ 5,504,685 $ 176,611 $ (3,367) $ 5,677,929 As of December 31, 2021 and December 31, 2020, the Company had investment securities with an estimated carrying value of $5.3 billion and $3.5 billion, respectively, pledged as collateral, which were comprised of the following: $1.6 billion and $754.1 million, respectively, were pledged as collateral for the Company's borrowing capacity with the FRB; $3.2 billion and $2.2 billion, respectively, were pledged to secure public fund deposits; $72.6 million and $103.4 million, respectively, were pledged to various independent parties to secure repurchase agreements, support hedging relationships, and for recourse on loan sales; and $403.8 million and $388.0 million, respectively, were pledged to secure the Company's customer overnight sweep product. The Company also participates in Securities Financing Activities discussed further in Note 13 to these Consolidated Financial Statements. At December 31, 2021 and December 31, 2020, the Company had $26.9 million and $34.6 million, respectively, of accrued interest related to investment securities which is included in the Other assets line of the Company's Consolidated Balance Sheets. No accrued interest related to investment securities was written off during the periods ended December 31, 2021 or December 31, 2020. There were no transfers of securities between AFS and HTM during the periods ended December 31, 2021 or December 31, 2020. NOTE 2. INVESTMENT SECURITIES (continued) Contractual Maturity of Investments in Debt Securities Contractual maturities of the Company’s investments in debt securities AFS at December 31, 2021 were as follows: (in thousands) Due Within One Year Due After 1 Within 5 Years Due After 5 Within 10 Years Due After 10 Years/No Maturity Total (1) Weighted Average Yield (2) U.S Treasuries $ 50,651 $ 22,967 $ — $ — $ 73,618 2.12 % Corporate debt securities 175,855 100,152 — — 276,007 0.65 % ABS — 3,704 63,792 470,226 537,722 1.33 % MBS: GNMA - Residential — 13 50,104 4,016,078 4,066,195 0.82 % GNMA - Commercial — — — 2,032,839 2,032,839 1.71 % FHLMC and FNMA - Residential 91 40,347 145,039 4,034,164 4,219,641 1.22 % FHLMC and FNMA - Commercial — 14,883 79,238 13,794 107,915 1.82 % Total fair value $ 226,597 $ 182,066 $ 338,173 $ 10,567,101 $ 11,313,937 1.17 % Weighted Average Yield 1.19 % 1.17 % 1.61 % 1.15 % 1.17 % Total amortized cost $ 226,285 $ 179,386 $ 331,955 $ 10,672,327 $ 11,409,953 Contractual maturities of the Company’s investments in debt securities HTM at December 31, 2021 were as follows: (in thousands) Due Within One Year Due After 1 Within 5 Years Due After 5 Within 10 Years Due After 10 Years/No Maturity Total (1) Weighted Average Yield (2) ABS $ — $ 43,718 $ 46,323 $ — $ 90,041 1.37 % MBS: GNMA - Residential — — — 2,830,905 2,830,905 1.42 % GNMA - Commercial — — — 3,708,260 3,708,260 2.00 % Total fair value $ — $ 43,718 $ 46,323 $ 6,539,165 $ 6,629,206 1.74 % Weighted average yield — % 1.00 % 1.72 % 1.75 % 1.74 % Total amortized cost $ — $ 43,654 $ 46,068 $ 6,612,749 $ 6,702,471 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 December 31, 2021 and December 31, 2020 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: December 31, 2021 December 31, 2020 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 Corporate debt securities $ 173,255 $ (96) $ — $ — $ 98,800 $ (9) $ — $ — ABS 389,743 (205) 16,265 (261) — — 49,033 (1,236) MBS: GNMA - Residential 2,283,469 (19,068) 96,339 (624) 347,821 (1,334) 8,875 (16) GNMA - Commercial 1,795,619 (51,908) 89,640 (3,750) 103,891 (235) — — FHLMC and FNMA - Residential 3,315,452 (61,103) 109,769 (1,629) 1,040,474 (4,165) 22,749 (186) FHLMC and FNMA - Commercial 45,641 (59) — — — — 420 (2) Total investments in debt securities AFS $ 8,003,179 $ (132,439) $ 312,013 $ (6,264) $ 1,590,986 $ (5,743) $ 81,077 $ (1,440) NOTE 2. INVESTMENT SECURITIES (continued) The following table presents the aggregate amount of unrealized losses as of December 31, 2021 and December 31, 2020 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: December 31, 2021 December 31, 2020 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 $ 2,051,851 $ (42,284) $ 81,034 $ (2,818) $ 212,471 $ (1,819) $ — $ — GNMA - Commercial 2,515,603 (61,377) 124,655 (6,041) 155,263 (1,548) — — Total investments in debt securities HTM $ 4,567,454 $ (103,661) $ 205,689 $ (8,859) $ 367,734 $ (3,367) $ — $ — Allowance for credit-related losses on AFS securities The Company did not record an allowance for credit-related losses on AFS or HTM securities at December 31, 2021 or December 31, 2020. As discussed in Note 1 , securities for which management has an expectation that nonpayment of the amortized cost basis is zero do not have a reserve. For securities that do not qualify for the zero credit loss expectation exception, management has concluded that the unrealized losses 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: Year Ended December 31, (in thousands) 2021 2020 2019 Proceeds from the sales of AFS securities $ 1,326,299 $ 2,665,593 $ 1,423,579 Gross realized gains $ 18,267 $ 32,915 $ 9,496 Gross realized losses (3,786) (1,618) (3,680) Net realized gains/(losses) (1) $ 14,481 $ 31,297 $ 5,816 (1) Includes net realized gain/(losses) on trading securities of $(1.5) million, $(1.4) million, and $(0.8) million for the years ended December 31, 2021, 2020, and 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) December 31, 2021 December 31, 2020 FHLB of Pittsburgh and FRB stock $ 394,668 $ 435,330 LIHTC investments 370,493 313,603 Equity securities not held for trading (1) 45,186 14,494 Interest-bearing deposits with an affiliate bank 250,000 750,000 Trading securities 35,791 40,435 Total $ 1,096,138 $ 1,553,862 (1) Includes $3.0 million and $1.4 million of equity certificates related to an off-balance sheet securitization as of December 31, 2021 and December 31, 2020, respectively. NOTE 2. INVESTMENT SECURITIES (continued) 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 year ended December 31, 2021, the Company purchased $4.8 million of FHLB stock at par, respectively, and redeemed $44.8 million of FHLB stock at par. The Company redeemed $0.7 million of FRB stock at par during the year ended December 31, 2021. The Company did not purchase any FRB stock during the year ended December 31, 2021. There was no gain or loss associated with these redemptions. The Company's LIHTC investments are accounted for using the proportional amortization method. Equity securities are measured at fair value as of December 31, 2021, 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. 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	12 Months Ended
	Dec. 31, 2021
Receivables [Abstract]
LOANS AND ALLOWANCE FOR CREDIT LOSSES	=640 8,793,804 4,169,473 2,681,160 718,312 122,569 133,991 16,619,309 38.5 % Total $ 21,206,427 $ 10,257,057 $ 6,761,592 $ 2,988,734 $ 1,069,897 $ 899,391 $ 43,183,098 100.0 % (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 year-to-date ended December 31, 2021. (3) Excludes LHFS. As of December 31, 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) $ 1,326,026 $ 839,412 $ 450,539 $ 484,975 $ 230,382 $ 142,746 $ 3,474,080 8.5 % <600 6,056,260 4,373,991 2,648,215 1,126,742 685,830 634,480 15,525,518 38.2 % 600-639 2,782,566 1,912,731 1,001,985 335,111 229,690 173,501 6,435,584 15.8 % >=640 8,427,478 4,832,173 1,382,133 264,635 200,430 156,611 15,263,460 37.5 % Total $ 18,592,330 $ 11,958,307 $ 5,482,872 $ 2,211,463 $ 1,346,332 $ 1,107,338 $ 40,698,642 100.0 % (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 year ended December 31, 2020. (3) Excludes LHFS. 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 CECL loss calculation incorporates the refreshed LTV information to update the distribution of defaulted loans by LTV as well as the associated LGD 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 December 31, 2021 Residential Mortgages (1)(3) (dollars in thousands) Amortized Cost by Origination Year FICO Score 2021 (4) 2020 2019 2018 2017 Prior Grand Total N/A (2) LTV <= 70% $ — $ 714 $ — $ — $ 486 $ 2,556 $ 3,756 70.01-80% — — — — — — — 80.01-90% — — — — — — — 90.01-100% — — — — — — — 100.01-110% — — — — — — — LTV>110% — — — — — — — LTV - N/A (2) 11,604 906 677 337 469 2,551 16,544 <600 LTV <= 70% $ 473 $ 3,071 $ 6,423 $ 10,459 $ 15,692 $ 80,996 $ 117,114 70.01-80% 554 890 9,350 6,536 1,992 791 20,113 80.01-90% 1,107 758 122 — 194 323 2,504 90.01-100% 222 — — — — — 222 100.01-110% — — — — — — — LTV>110% — — — — — 1,199 1,199 LTV - N/A(2) — — — — — — — 600-639 LTV <= 70% $ 874 $ 7,579 $ 16,259 $ 5,273 $ 11,251 $ 65,491 $ 106,727 70.01-80% 1,597 3,333 7,608 3,120 1,037 605 17,300 80.01-90% 874 2,668 249 — — 686 4,477 90.01-100% 2,904 — — — — 651 3,555 100.01-110% — — — — — 29 29 LTV>110% — — — — — — — LTV - N/A (2) — — — — — 26 26 640-679 LTV <= 70% $ 11,217 $ 17,410 $ 17,973 $ 21,395 $ 26,162 $ 124,216 $ 218,373 70.01-80% 2,695 4,563 19,042 7,315 833 617 35,065 80.01-90% 4,623 4,128 838 — — 280 9,869 90.01-100% 5,978 — — — — 55 6,033 100.01-110% — — — — — — — LTV>110% — — — — — 120 120 LTV - N/A (2) — — — — — 11 11 680-719 LTV <= 70% $ 53,618 $ 50,541 $ 63,067 $ 33,964 $ 58,213 $ 207,741 $ 467,144 70.01-80% 22,651 13,754 27,627 11,358 1,027 1,842 78,259 80.01-90% 15,135 9,830 — — — 818 25,783 90.01-100% 13,058 — — — — 463 13,521 100.01-110% — — — — — 271 271 LTV>110% — — — — — 263 263 LTV - N/A(2) — — — — — 24 24 720-759 LTV <= 70% $ 151,630 $ 131,054 $ 95,045 $ 67,156 $ 87,133 $ 298,402 $ 830,420 70.01-80% 76,151 32,676 49,429 14,447 785 2,075 175,563 80.01-90% 22,071 19,657 — — — 113 41,841 90.01-100% 17,901 — — — — 673 18,574 100.01-110% — — — — — 71 71 LTV>110% — — — — — 139 139 LTV - N/A (2) — — — — — 123 123 >=760 LTV <= 70% $ 529,277 $ 620,743 $ 318,336 $ 155,536 $ 298,619 $ 1,033,587 $ 2,956,098 70.01-80% 163,425 72,961 90,219 26,116 1,025 4,136 357,882 80.01-90% 22,504 23,897 448 — 557 432 47,838 90.01-100% 19,656 — — — — 281 19,937 100.01-110% — — — — — 490 490 LTV>110% — — — — — 937 937 LTV - N/A (2) — — — — — 345 345 Total - All FICO Bands LTV <= 70% $ 747,089 $ 831,112 $ 517,103 $ 293,783 $ 497,556 $ 1,812,989 $ 4,699,632 70.01-80% 267,073 128,177 203,275 68,892 6,699 10,066 684,182 80.01-90% 66,314 60,938 1,657 — 751 2,652 132,312 90.01-100% 59,719 — — — — 2,123 61,842 100.01-110% — — — — — 861 861 LTV>110% — — — — — 2,658 2,658 LTV - N/A (2) 11,604 906 677 337 469 3,080 17,073 Grand Total $ 1,151,799 $ 1,021,133 $ 722,712 $ 363,012 $ 505,475 $ 1,834,429 $ 5,598,560 (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 year-to-date ended December 31, 2021. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) As of December 31, 2021 Home Equity Loans and Lines of Credit (2) (in thousands) Amortized Cost by Origination Year FICO Score 2021 (4) 2020 2019 2018 2017 Prior Total Revolving N/A (2) LTV <= 70% $ 376 $ 203 $ 293 $ 133 $ 349 $ 1,141 $ 2,495 $ 2,495 70.01-90% — — — — — — — — 90.01-110% — — — — — — — — LTV>110% — — — — — — — — LTV - N/A (2) 1,532 2,918 3,840 4,801 4,530 67,463 85,084 48,176 <600 LTV <= 70% $ 124 $ 782 $ 3,491 $ 9,835 $ 11,918 $ 107,603 $ 133,753 $ 116,942 70.01-90% 22 — 279 300 45 2,223 2,869 2,779 90.01-110% — — — — — 716 716 657 LTV>110% — — — — — 1,059 1,059 1,035 LTV - N/A (2) — — 25 — 100 60 185 184 600-639 LTV <= 70% $ 332 $ 1,764 $ 5,558 $ 10,950 $ 11,225 $ 91,711 $ 121,540 $ 111,806 70.01-90% 80 — 396 247 74 2,986 3,783 3,469 90.01-110% — — — — — 1,520 1,520 1,347 LTV>110% — — — — — 167 167 167 LTV - N/A (2) — — — — 15 520 535 535 640-679 LTV <= 70% $ 1,955 $ 6,071 $ 16,141 $ 23,548 $ 21,145 $ 149,878 $ 218,738 $ 209,365 70.01-90% 898 582 815 692 26 6,977 9,990 8,433 90.01-110% — — — — — 2,683 2,683 2,491 LTV>110% 66 — — — — 584 650 650 LTV - N/A (2) — — — — — 131 131 114 680-719 LTV <= 70% $ 14,566 $ 28,722 $ 39,326 $ 55,143 $ 51,826 $ 259,309 $ 448,892 $ 437,913 70.01-90% 7,155 788 2,726 1,677 282 9,901 22,529 21,834 90.01-110% 48 — — — — 3,824 3,872 3,600 LTV>110% 221 35 — — — 2,933 3,189 3,189 LTV - N/A (2) — — — — — 156 156 156 720-759 LTV <= 70% $ 29,419 $ 48,535 $ 58,649 $ 70,611 $ 80,215 $ 334,534 $ 621,963 $ 609,953 70.01-90% 11,448 2,044 2,939 1,752 287 12,044 30,514 29,561 90.01-110% 673 — — — — 1,599 2,272 2,211 LTV>110% 493 — — — — 2,539 3,032 2,967 LTV - N/A (2) 13 84 51 — 60 103 311 303 >=760 LTV <= 70% $ 80,540 $ 144,947 $ 173,781 $ 208,180 $ 183,234 $ 900,607 $ 1,691,289 $ 1,657,725 70.01-90% 19,362 4,222 3,948 2,111 102 29,500 59,245 57,819 90.01-110% 797 498 47 3 — 6,180 7,525 6,758 LTV>110% 2,578 587 — — — 2,199 5,364 5,362 LTV - N/A (2) 306 — 7 108 103 659 1,183 1,183 Total - All FICO Bands LTV <= 70% $ 127,312 $ 231,024 $ 297,239 $ 378,400 $ 359,912 $ 1,844,783 $ 3,238,670 $ 3,146,199 LTV 70.01 - 90% 38,965 7,636 11,103 6,779 816 63,631 128,930 123,895 LTV 90.01 - 110% 1,518 498 47 3 — 16,522 18,588 17,064 LTV>110% 3,358 622 — — — 9,481 13,461 13,370 LTV - N/A (2) 1,851 3,002 3,923 4,909 4,808 69,092 87,585 50,651 Grand Total $ 173,004 $ 242,782 $ 312,312 $ 390,091 $ 365,536 $ 2,003,509 $ 3,487,234 $ 3,351,179 (1) - (4) Refer to corresponding notes above. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) As of December 31, 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% $ 750 $ — $ 521 $ 500 $ — $ 3,148 $ 4,919 70.01-80% — — — — — — — 80.01-90% — — — — — — — 90.01-100% — — — — — — — 100.01-110% — — — — — — — LTV>110% — — — — — — — LTV - N/A(2) 109,388 2,170 1,200 1,547 1,485 4,410 120,200 <600 LTV" 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 accoun ted for at fair value under the FVO. Certain loans are pledged as collateral for borrowings, securitizations, or SPEs. These loans totaled $43.2 billion at December 31, 2021 and $52.0 billion at December 31, 2020. Loans that the Company intends to sell are classified as LHFS. The LHFS portfolio balance at December 31, 2021 was $255.0 million, compared to $2.2 billion at December 31, 2020. For a discussion on the valuation of LHFS at fair value, see Note 15 to these Consolidated Financial Statements. LHFS in the residential mortgage portfolio that were originated with the intent to sell were $166.8 million as of December 31, 2021 and are reported at either 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 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 December 31, 2021 and December 31, 2020, accrued interest receivable on the Company's loans was $453.0 million and $589.2 million, respectively. During the years ended December 31, 2021 and 2020, SC originated $14.0 billion and $14.2 billion, respectively, in Stellantis loans (including through the SBNA originations program), which represented 52% and 60%, respectively, of the UPB of SC's total RIC originations (including the SBNA originations program). Purchased receivables During the year ended December 31, 2021, SBNA approved and completed purchases of performing personal unsecured loans with a UPB of approximately $832.8 million . During the year ended December 31, 2021, SC purchased financial receivables from third party lenders for $67 million. The UPB of these loans as of the acquisition date was $112 million. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Sales of receivables During the first quarter of 2021, SC completed the sale of $1.3 billion in UPB of its Bluestem personal lending portfolio to a third party. In addition, SC executed a forward flow sale agreement with a third party to purchase all personal lending receivables that SC purchases from Bluestem through the term of the agreement with Bluestem through April 2024. Prior to the sale, these loans were classified as LHFS. During the second quarter of 2021, SFS sold the majority of its commercial and consumer loan and REO HFS portfolios to third parties at their approximate fair values with no material gain or loss. In addition, during the second quarter of 2021, SC sold RICs with a UPB of approximately $310 million to a third party. During the year ended December 31, 2021 , SC sold RICs with a UPB of approximately $3.4 billion to third-parties in three separate transactions. Two of these transactions were accounted for as off-balance sheet securitizations. Loan and Lease Portfolio Composition The following presents the composition of gross loans and leases HFI by portfolio and by rate type: December 31, 2021 December 31, 2020 (dollars in thousands) Amount Percent Amount Percent Commercial LHFI: CRE loans $ 7,227,003 7.8 % $ 7,327,853 8.0 % C&I loans 14,710,864 16.0 % 16,537,899 17.9 % Multifamily loans 7,547,382 8.2 % 8,367,147 9.1 % Other commercial (2)(4) 8,170,031 8.9 % 7,455,504 8.1 % Total commercial LHFI 37,655,280 40.9 % 39,688,403 43.1 % Consumer loans secured by real estate: Residential mortgages 5,598,560 6.1 % 6,590,168 7.2 % Home equity loans and lines of credit 3,487,234 3.8 % 4,108,505 4.5 % Total consumer loans secured by real estate 9,085,794 9.9 % 10,698,673 11.7 % Consumer loans not secured by real estate: RICs and auto loans 43,183,098 46.9 % 40,698,642 44.1 % Personal unsecured loans 2,009,654 2.2 % 824,430 0.9 % Other consumer (3) 141,986 0.1 % 223,034 0.2 % Total consumer loans 54,420,532 59.1 % 52,444,779 56.9 % Total LHFI (1) $ 92,075,812 100.0 % $ 92,133,182 100.0 % Total LHFI: Fixed rate $ 64,774,941 70.3 % $ 64,036,154 69.5 % Variable rate 27,300,871 29.7 % 28,097,028 30.5 % Total LHFI (1) $ 92,075,812 100.0 % $ 92,133,182 100.0 % (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 o f $2.9 billion a nd $3.1 billion as of December 31, 2021 and December 31, 2020, respectively. (2) Other commercial includes CEVF leveraged leases and loans. (3) Other consumer primarily includes RV and marine loans. (4) Includes loans with a carrying value of $128.8 million for which a fair value hedge is recorded resulting in a fair value adjustment of $1.3 million. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Portfolio segments and classes The Company discloses information about the credit quality of its 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. 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. 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 years ended December 31, 2021 and 2020 was as follows: Year Ended December 31, 2021 (in thousands) Commercial Consumer Total ALLL, beginning of period $ 752,196 $ 6,586,297 $ 7,338,493 Credit loss expense / (benefit) (115,937) (49,051) (164,988) Charge-offs (142,630) (2,868,769) (3,011,399) Recoveries 73,681 2,225,623 2,299,304 Charge-offs, net of recoveries (68,949) (643,146) (712,095) ALLL, end of period $ 567,310 $ 5,894,100 $ 6,461,410 Reserve for unfunded lending commitments, beginning of period $ 119,129 $ 27,326 $ 146,455 Credit loss expense / (benefit) on unfunded lending commitments (27,938) (14,423) (42,361) Reserve for unfunded lending commitments, end of period 91,191 12,903 104,094 Total ACL, end of period $ 658,501 $ 5,907,003 $ 6,565,504 NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Year Ended December 31, 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 2016-13 198,919 2,383,711 (46,748) 2,535,882 Credit loss expense / (benefit) 298,780 2,525,185 — 2,823,965 Charge-offs (180,726) (3,589,539) — (3,770,265) Recoveries 35,394 2,067,328 — 2,102,722 Charge-offs, net of recoveries (145,332) (1,522,211) — (1,667,543) ALLL, end of period $ 752,196 $ 6,586,297 $ — $ 7,338,493 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 / (benefit) on unfunded lending commitments 23,114 21,104 — 44,218 Reserve for unfunded lending commitments, end of period 119,129 27,326 — 146,455 Total ACL, end of period $ 871,325 $ 6,613,623 $ — $ 7,484,948 Year Ended December 31, 2019 (in thousands) Commercial Consumer Unallocated Total ALLL, beginning of period $ 441,083 $ 3,409,024 $ 47,023 $ 3,897,130 Credit loss expense on loans 89,962 2,200,870 — 2,290,832 Charge-offs (185,035) (5,364,673) (275) (5,549,983) Recoveries 53,819 2,954,391 — 3,008,210 Charge-offs, net of recoveries (131,216) (2,410,282) (275) (2,541,773) ALLL, end of period $ 399,829 $ 3,199,612 $ 46,748 $ 3,646,189 Reserve for unfunded lending commitments, beginning of period $ 89,472 $ 6,028 $ — $ 95,500 Release of unfunded lending commitments 1,321 (136) — 1,185 Loss on unfunded lending commitments (4,859) — — (4,859) Reserve for unfunded lending commitments, end of period 85,934 5,892 — 91,826 Total ACL end of period $ 485,763 $ 3,205,504 $ 46,748 $ 3,738,015 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 reserve. 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. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) The Company estimates CECL based on prospective information as well as account-level models based on historical data. Unemployment, HPI, CRE price index 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) and the loss in the event of default (the LGD). GDP is also a key input used in the models for the prediction of the likelihood that a borrower will default. 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 also utilizes qualitative adjustments to capture any additional risks that may not be captured in either the economic forecasts or in the historical data, including consideration of several factors such as the interpretation of economic trends and uncertainties, changes in the nature and volume of loan portfolios, trends in delinquency and collateral values, and concentration risk.. 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 adjustments for macroeconomic uncertainty and considers adjustments to macroeconomic inputs and outputs based on market volatility. The Company's allowance for loan losses decreased by $877.1 million from December 31, 2020, primarily due to an improved macroeconomic outlook as well as improved credit quality and performance. Non-accrual loans by Class of Financing Receivable The amortized cost basis of financing receivables that are either non-accrual with related expected credit loss or non-accrual 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 (in thousands) December 31, 2021 December 31, 2020 December 31, 2021 December 31, 2020 Non-accrual loans: Commercial: CRE $ 31,752 $ 106,751 $ 24,112 $ 84,816 C&I 69,754 107,053 35,965 60,029 Multifamily 103,299 72,392 103,138 65,936 Other commercial 9,036 20,019 5,472 3,778 Total commercial loans 213,841 306,215 168,687 214,559 Consumer: Residential mortgages 123,548 160,172 71,463 98,308 Home equity loans and lines of credit 88,310 91,606 39,693 32,130 RICs and auto loans 1,467,928 1,174,317 202,193 191,370 Personal unsecured loans 2,892 — — — Other consumer 1,047 6,325 16 34 Total consumer loans 1,683,725 1,432,420 313,365 321,842 Total non-accrual loans 1,897,566 1,738,635 482,052 536,401 OREO 3,724 29,799 — — Repossessed vehicles 247,757 204,653 — — Foreclosed and other repossessed assets 294 3,247 — — Total OREO and other repossessed assets 251,775 237,699 — — Total non-performing assets $ 2,149,341 $ 1,976,334 $ 482,052 $ 536,401 (1) Interest income recognized on nonaccrual loans was $106.9 million and $108.5 million for the years ended December 31, 2021, and December 31, 2020 respectively. 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. When an account is deferred, the loan is returned to accrual status during the deferral period and accrued interest related to the loan is evaluated for collectability. The amortized cost of past due loans and accruing loans 90 days or greater past due disaggregated by class of financing receivables is summarized as follows: As of: December 31, 2021 (in thousands) 30-89 90 Total Current Total Amortized Cost Commercial: CRE $ 4,287 $ 8,775 $ 13,062 $ 7,213,941 $ 7,227,003 $ — C&I (1) 31,475 19,862 51,337 14,747,739 14,799,076 — Multifamily 336 2,574 2,910 7,544,472 7,547,382 — Other commercial 77,842 2,674 80,516 8,089,515 8,170,031 — Consumer: Residential mortgages (2) 83,626 89,403 173,029 5,592,342 5,765,371 — Home equity loans and lines of credit 22,871 63,306 86,177 3,401,057 3,487,234 — RICs and auto loans 3,535,402 324,150 3,859,552 39,323,546 43,183,098 — Personal unsecured loans 10,361 5,206 15,567 1,994,087 2,009,654 2,314 Other consumer 3,493 564 4,057 137,929 141,986 — Total $ 3,769,693 $ 516,514 $ 4,286,207 $ 88,044,628 $ 92,330,835 $ 2,314 (1) C& I loans includes $88.2 million of LHFS at December 31, 2021. (2) Residential mortgages includes $166.8 million of LHFS at December 31, 2021. As of December 31, 2020 (in thousands) 30-89 90 Total Current Total Recorded Commercial: CRE $ 41,320 $ 70,304 $ 111,624 $ 7,244,247 $ 7,355,871 $ — C&I (1) 59,759 45,883 105,642 16,654,606 16,760,248 — Multifamily 47,116 66,664 113,780 8,257,122 8,370,902 — Other commercial 80,993 9,214 90,207 7,365,629 7,455,836 56 Consumer: Residential mortgages (2) 209,274 111,698 320,972 6,673,411 6,994,383 — Home equity loans and lines of credit 31,488 72,197 103,685 4,004,820 4,108,505 — RICs and auto loans 2,944,376 284,985 3,229,361 38,143,329 41,372,690 — Personal unsecured loans (3) 56,041 56,582 112,623 1,605,286 1,717,909 52,807 Other consumer 5,358 1,688 7,046 215,988 223,034 — Total $ 3,475,725 $ 719,215 $ 4,194,940 $ 90,164,438 $ 94,359,378 $ 52,863 (1) C&I loans included $222.3 million of LHFS at December 31, 2020. (2) Residential mortgages included $404.2 million of LHFS at December 31, 2020. (3) Personal unsecured loans included $893.5 million of LHFS at December 31, 2020. (4) RICs and auto loans includes $674.0 million of LHFS at December 31, 2020. (5) Multifamily loans includes $3.8 million of LHFS at December 31, 2020. (6) Other Commercial loans includes $332.0 thousand of LHFS at December 31, 2020. (7) CRE loans include $28.0 million of LHFS at December 31, 2020. 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: December 31, 2021 Commercial Loan Portfolio (1) (dollars in thousands) Amortized Cost by Origination Year Regulatory Rating: 2021 (3) 2020 2019 2018 2017 Prior Total (4) CRE Pass $ 986,225 $ 1,283,784 $ 1,308,729 $ 918,097 $ 446,715 $ 1,512,165 $ 6,455,715 Special mention — 9,490 26,892 118,103 117,703 35,135 307,323 Substandard 20,291 11,896 131,169 138,652 42,965 118,992 463,965 Doubtful — — — — — — — N/A — — — — — — — Total CRE $ 1,006,516 $ 1,305,170 $ 1,466,790 $ 1,174,852 $ 607,383 $ 1,666,292 $ 7,227,003 C&I Pass $ 3,828,736 $ 3,213,214 $ 2,179,598 $ 1,179,065 $ 574,141 $ 2,042,111 $ 13,016,865 Special mention 11,003 32,268 154,820 31,026 25,176 98,964 353,257 Substandard 62,742 62,305 11,859 50,384 47,020 197,121 431,431 Doubtful — — — — — — — N/A (2) 511,609 258,315 176,542 39,942 5,959 5,156 997,523 Total C&I $ 4,414,090 $ 3,566,102 $ 2,522,819 $ 1,300,417 $ 652,296 $ 2,343,352 $ 14,799,076 Multifamily Pass $ 1,575,287 $ 740,684 $ 1,522,367 $ 820,900 $ 729,510 $ 905,967 $ 6,294,715 Special mention 4,850 — 101,375 71,031 15,125 35,449 227,830 Substandard 3,981 83,994 233,045 345,510 135,289 223,018 1,024,837 Doubtful — — — — — — — N/A — — — — — — — Total Multifamily $ 1,584,118 $ 824,678 $ 1,856,787 $ 1,237,441 $ 879,924 $ 1,164,434 $ 7,547,382 Remaining commercial Pass $ 3,753,502 $ 1,864,509 $ 952,428 $ 446,979 $ 260,112 $ 858,640 $ 8,136,170 Special mention 2,959 — 3,007 5,169 625 1,741 13,501 Substandard 287 569 7,196 2,214 1,786 8,308 20,360 Doubtful — — — — — — — N/A — — — — — — — Total Remaining commercial $ 3,756,748 $ 1,865,078 $ 962,631 $ 454,362 $ 262,523 $ 868,689 $ 8,170,031 Total Commercial loans Pass $ 10,143,750 $ 7,102,191 $ 5,963,122 $ 3,365,041 $ 2,010,478 $ 5,318,883 $ 33,903,465 Special mention 18,812 41,758 286,094 225,329 158,629 171,289 901,911 Substandard 87,301 158,764 383,269 536,760 227,060 547,439 1,940,593 Doubtful — — — — — — — N/A (2) 511,609 258,315 176,542 39,942 5,959 5,156 997,523 Total commercial loans $ 10,761,472 $ 7,561,028 $ 6,809,027 $ 4,167,072 $ 2,402,126 $ 6,042,767 $ 37,743,492 (1) Includes $88.2 million of LHFS at December 31, 2021. (2) Consists of loans that have not been assigned a regulatory rating. (3) Loans originated during the year-to-date ended December 31, 2021. (4) Includes $362.7 million revolving loans converted to term loans. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) December 31, 2020 Commercial Loan Portfolio (1) (dollars in thousands) Amortized Cost by Origination Year Regulatory Rating: 2020 (3) 2019 2018 2017 2016 Prior Total (4) CRE Pass $ 722,210 $ 1,424,392 $ 1,656,560 $ 816,607 $ 542,979 $ 1,536,812 $ 6,699,560 Special mention 28,876 15,480 81,167 43,368 79,555 83,751 332,197 Substandard 8,259 16,609 29,761 33,833 45,936 189,716 324,114 Doubtful — — — — — — — N/A — — — — — — — Total CRE $ 759,345 $ 1,456,481 $ 1,767,488 $ 893,808 $ 668,470 $ 1,810,279 $ 7,355,871 C&I Pass $ 4,661,409 $ 3,365,828 $ 2,798,209 $ 868,373 $ 585,083 $ 2,305,305 $ 14,584,207 Special mention 11,000 136,413 134,388 49,601 99,042 254,102 684,546 Substandard 60,034 15,309 173,900 59,814 84,642 213,908 607,607 Doubtful 3,153 145 80 1,616 1,282 11,226 17,502 N/A(2) 411,319 294,652 75,091 15,101 15,388 54,835 866,386 Total C&I $ 5,146,915 $ 3,812,347 $ 3,181,668 $ 994,505 $ 785,437 $ 2,839,376 $ 16,760,248 Multifamily Pass $ 880,199 $ 1,938,271 $ 1,361,178 $ 1,198,819 $ 503,267 $ 1,365,066 $ 7,246,800 Special mention — 39,433 147,872 110,906 31,348 59,072 388,631 Substandard 5,355 104,945 203,437 148,251 49,445 224,038 735,471 Doubtful — — — — — — — N/A — — — — — — — Total Multifamily $ 885,554 $ 2,082,649 $ 1,712,487 $ 1,457,976 $ 584,060 $ 1,648,176 $ 8,370,902 Remaining commercial Pass $ 3,530,625 $ 1,416,704 $ 766,454 $ 443,244 $ 199,297 $ 1,038,584 $ 7,394,908 Special mention 53 11,096 11,271 105 83 8,102 30,710 Substandard 2,115 3,974 4,181 4,246 5,983 9,160 29,659 Doubtful 351 — 99 — 101 8 559 N/A — — — — — — — Total Remaining commercial $ 3,533,144 $ 1,431,774 $ 782,005 $ 447,595 $ 205,464 $ 1,055,854 $ 7,455,836 Total Commercial loans Pass $ 9,794,443 $ 8,145,195 $ 6,582,401 $ 3,327,043 $ 1,830,626 $ 6,245,767 $ 35,925,475 Special mention 39,929 202,422 374,698 203,980 210,028 405,027 1,436,084 Substandard 75,763 140,837 411,279 246,144 186,006 636,822 1,696,851 Doubtful 3,504 145 179 1,616 1,383 11,234 18,061 N/A(2) 411,319 294,652 75,091 15,101 15,388 54,835 866,386 Total commercial loans $ 10,324,958 $ 8,783,251 $ 7,443,648 $ 3,793,884 $ 2,243,431 $ 7,353,685 $ 39,942,857 (1) Includes $254.5 million of LHFS at December 31, 2020. (2) Consists of loans that have not been assigned a regulatory rating. (3) Loans originated during the year ended December 31, 2020. (4) Includes $599.5 million revolving loans converted to term loans. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) 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 December 31, 2021 RICs and auto loans (dollars in thousands) Amortized Cost by Origination Year (3) Credit Score Range 2021 (2) 2020 2019 2018 2017 Prior Total Percent No FICO (1) $ 1,427,962 $ 733,752 $ 449,965 $ 244,829 $ 201,129 $ 108,766 $ 3,166,403 7.4 % <600 7,410,017 3,768,302 2,574,070 1,488,371 580,881 515,318 16,336,959 37.8 % 600-639 3,574,644 1,585,530 1,056,397 537,222 165,318 141,316 7,060,427 16.3 % >=640 8,793,804 4,169,473 2,681,160 718,312 122,569 133,991 16,619,309 38.5 % Total $ 21,206,427 $ 10,257,057 $ 6,761,592 $ 2,988,734 $ 1,069,897 $ 899,391 $ 43,183,098 100.0 % (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 year-to-date ended December 31, 2021. (3) Excludes LHFS. As of December 31, 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) $ 1,326,026 $ 839,412 $ 450,539 $ 484,975 $ 230,382 $ 142,746 $ 3,474,080 8.5 % <600 6,056,260 4,373,991 2,648,215 1,126,742 685,830 634,480 15,525,518 38.2 % 600-639 2,782,566 1,912,731 1,001,985 335,111 229,690 173,501 6,435,584 15.8 % >=640 8,427,478 4,832,173 1,382,133 264,635 200,430 156,611 15,263,460 37.5 % Total $ 18,592,330 $ 11,958,307 $ 5,482,872 $ 2,211,463 $ 1,346,332 $ 1,107,338 $ 40,698,642 100.0 % (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 year ended December 31, 2020. (3) Excludes LHFS. 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 CECL loss calculation incorporates the refreshed LTV information to update the distribution of defaulted loans by LTV as well as the associated LGD 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 December 31, 2021 Residential Mortgages (1)(3) (dollars in thousands) Amortized Cost by Origination Year FICO Score 2021 (4) 2020 2019 2018 2017 Prior Grand Total N/A (2) LTV <= 70% $ — $ 714 $ — $ — $ 486 $ 2,556 $ 3,756 70.01-80% — — — — — — — 80.01-90% — — — — — — — 90.01-100% — — — — — — — 100.01-110% — — — — — — — LTV>110% — — — — — — — LTV - N/A (2) 11,604 906 677 337 469 2,551 16,544 <600 LTV <= 70% $ 473 $ 3,071 $ 6,423 $ 10,459 $ 15,692 $ 80,996 $ 117,114 70.01-80% 554 890 9,350 6,536 1,992 791 20,113 80.01-90% 1,107 758 122 — 194 323 2,504 90.01-100% 222 — — — — — 222 100.01-110% — — — — — — — LTV>110% — — — — — 1,199 1,199 LTV - N/A(2) — — — — — — — 600-639 LTV <= 70% $ 874 $ 7,579 $ 16,259 $ 5,273 $ 11,251 $ 65,491 $ 106,727 70.01-80% 1,597 3,333 7,608 3,120 1,037 605 17,300 80.01-90% 874 2,668 249 — — 686 4,477 90.01-100% 2,904 — — — — 651 3,555 100.01-110% — — — — — 29 29 LTV>110% — — — — — — — LTV - N/A (2) — — — — — 26 26 640-679 LTV <= 70% $ 11,217 $ 17,410 $ 17,973 $ 21,395 $ 26,162 $ 124,216 $ 218,373 70.01-80% 2,695 4,563 19,042 7,315 833 617 35,065 80.01-90% 4,623 4,128 838 — — 280 9,869 90.01-100% 5,978 — — — — 55 6,033 100.01-110% — — — — — — — LTV>110% — — — — — 120 120 LTV - N/A (2) — — — — — 11 11 680-719 LTV <= 70% $ 53,618 $ 50,541 $ 63,067 $ 33,964 $ 58,213 $ 207,741 $ 467,144 70.01-80% 22,651 13,754 27,627 11,358 1,027 1,842 78,259 80.01-90% 15,135 9,830 — — — 818 25,783 90.01-100% 13,058 — — — — 463 13,521 100.01-110% — — — — — 271 271 LTV>110% — — — — — 263 263 LTV - N/A(2) — — — — — 24 24 720-759 LTV <= 70% $ 151,630 $ 131,054 $ 95,045 $ 67,156 $ 87,133 $ 298,402 $ 830,420 70.01-80% 76,151 32,676 49,429 14,447 785 2,075 175,563 80.01-90% 22,071 19,657 — — — 113 41,841 90.01-100% 17,901 — — — — 673 18,574 100.01-110% — — — — — 71 71 LTV>110% — — — — — 139 139 LTV - N/A (2) — — — — — 123 123 >=760 LTV <= 70% $ 529,277 $ 620,743 $ 318,336 $ 155,536 $ 298,619 $ 1,033,587 $ 2,956,098 70.01-80% 163,425 72,961 90,219 26,116 1,025 4,136 357,882 80.01-90% 22,504 23,897 448 — 557 432 47,838 90.01-100% 19,656 — — — — 281 19,937 100.01-110% — — — — — 490 490 LTV>110% — — — — — 937 937 LTV - N/A (2) — — — — — 345 345 Total - All FICO Bands LTV <= 70% $ 747,089 $ 831,112 $ 517,103 $ 293,783 $ 497,556 $ 1,812,989 $ 4,699,632 70.01-80% 267,073 128,177 203,275 68,892 6,699 10,066 684,182 80.01-90% 66,314 60,938 1,657 — 751 2,652 132,312 90.01-100% 59,719 — — — — 2,123 61,842 100.01-110% — — — — — 861 861 LTV>110% — — — — — 2,658 2,658 LTV - N/A (2) 11,604 906 677 337 469 3,080 17,073 Grand Total $ 1,151,799 $ 1,021,133 $ 722,712 $ 363,012 $ 505,475 $ 1,834,429 $ 5,598,560 (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 year-to-date ended December 31, 2021. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) As of December 31, 2021 Home Equity Loans and Lines of Credit (2) (in thousands) Amortized Cost by Origination Year FICO Score 2021 (4) 2020 2019 2018 2017 Prior Total Revolving N/A (2) LTV <= 70% $ 376 $ 203 $ 293 $ 133 $ 349 $ 1,141 $ 2,495 $ 2,495 70.01-90% — — — — — — — — 90.01-110% — — — — — — — — LTV>110% — — — — — — — — LTV - N/A (2) 1,532 2,918 3,840 4,801 4,530 67,463 85,084 48,176 <600 LTV <= 70% $ 124 $ 782 $ 3,491 $ 9,835 $ 11,918 $ 107,603 $ 133,753 $ 116,942 70.01-90% 22 — 279 300 45 2,223 2,869 2,779 90.01-110% — — — — — 716 716 657 LTV>110% — — — — — 1,059 1,059 1,035 LTV - N/A (2) — — 25 — 100 60 185 184 600-639 LTV <= 70% $ 332 $ 1,764 $ 5,558 $ 10,950 $ 11,225 $ 91,711 $ 121,540 $ 111,806 70.01-90% 80 — 396 247 74 2,986 3,783 3,469 90.01-110% — — — — — 1,520 1,520 1,347 LTV>110% — — — — — 167 167 167 LTV - N/A (2) — — — — 15 520 535 535 640-679 LTV <= 70% $ 1,955 $ 6,071 $ 16,141 $ 23,548 $ 21,145 $ 149,878 $ 218,738 $ 209,365 70.01-90% 898 582 815 692 26 6,977 9,990 8,433 90.01-110% — — — — — 2,683 2,683 2,491 LTV>110% 66 — — — — 584 650 650 LTV - N/A (2) — — — — — 131 131 114 680-719 LTV <= 70% $ 14,566 $ 28,722 $ 39,326 $ 55,143 $ 51,826 $ 259,309 $ 448,892 $ 437,913 70.01-90% 7,155 788 2,726 1,677 282 9,901 22,529 21,834 90.01-110% 48 — — — — 3,824 3,872 3,600 LTV>110% 221 35 — — — 2,933 3,189 3,189 LTV - N/A (2) — — — — — 156 156 156 720-759 LTV <= 70% $ 29,419 $ 48,535 $ 58,649 $ 70,611 $ 80,215 $ 334,534 $ 621,963 $ 609,953 70.01-90% 11,448 2,044 2,939 1,752 287 12,044 30,514 29,561 90.01-110% 673 — — — — 1,599 2,272 2,211 LTV>110% 493 — — — — 2,539 3,032 2,967 LTV - N/A (2) 13 84 51 — 60 103 311 303 >=760 LTV <= 70% $ 80,540 $ 144,947 $ 173,781 $ 208,180 $ 183,234 $ 900,607 $ 1,691,289 $ 1,657,725 70.01-90% 19,362 4,222 3,948 2,111 102 29,500 59,245 57,819 90.01-110% 797 498 47 3 — 6,180 7,525 6,758 LTV>110% 2,578 587 — — — 2,199 5,364 5,362 LTV - N/A (2) 306 — 7 108 103 659 1,183 1,183 Total - All FICO Bands LTV <= 70% $ 127,312 $ 231,024 $ 297,239 $ 378,400 $ 359,912 $ 1,844,783 $ 3,238,670 $ 3,146,199 LTV 70.01 - 90% 38,965 7,636 11,103 6,779 816 63,631 128,930 123,895 LTV 90.01 - 110% 1,518 498 47 3 — 16,522 18,588 17,064 LTV>110% 3,358 622 — — — 9,481 13,461 13,370 LTV - N/A (2) 1,851 3,002 3,923 4,909 4,808 69,092 87,585 50,651 Grand Total $ 173,004 $ 242,782 $ 312,312 $ 390,091 $ 365,536 $ 2,003,509 $ 3,487,234 $ 3,351,179 (1) - (4) Refer to corresponding notes above. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) As of December 31, 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% $ 750 $ — $ 521 $ 500 $ — $ 3,148 $ 4,919 70.01-80% — — — — — — — 80.01-90% — — — — — — — 90.01-100% — — — — — — — 100.01-110% — — — — — — — LTV>110% — — — — — — — LTV - N/A(2) 109,388 2,170 1,200 1,547 1,485 4,410 120,200 <600 LTV

OPERATING LEASE ASSETS, NET

OPERATING LEASE ASSETS, NET	12 Months Ended
	Dec. 31, 2021
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 Consolidated Balance Sheets as Operating lease assets, net. The leased vehicle portfolio consists primarily of leases originated under the MPLFA. Income continues to accrue during the extension period and remaining lease payments are recorded on a straight-line basis over the modified lease term. Beginning in the third quarter of 2021, SC agreed to provide SBNA with support services in connection with the origination and servicing of vehicle leases, primarily from Stellantis dealers, that are funded and owned by SBNA. SC recognizes referral fee and servicing fee income in connection with these agreements that eliminate in consolidation. Operating lease assets, net consisted of the following as of December 31, 2021 and December 31, 2020: (in thousands) December 31, 2021 December 31, 2020 Leased vehicles $ 19,662,593 $ 22,056,063 Less: accumulated depreciation (3,789,882) (4,796,595) Depreciated net capitalized cost 15,872,711 17,259,468 Manufacturer Subvention payments, net of accretion (604,104) (934,381) Origination fees and other costs 136,013 66,020 Leased vehicles, net 15,404,620 16,391,107 Commercial equipment vehicles and aircraft, gross 2,677 28,661 Less: accumulated depreciation (895) (6,839) Commercial equipment vehicles and aircraft, net 1,782 21,822 Total operating lease assets, net $ 15,406,402 $ 16,412,929 The following summarizes the future minimum rental payments due to the Company as lessor under operating leases as of December 31, 2021 (in thousands): 2022 $ 2,303,803 2023 1,581,934 2024 470,148 2025 50,564 2026 15 Thereafter 9 Total $ 4,406,473 During the years ended December 31, 2021, 2020, and 2019 , the Company recognized $443.8 million, $243.2 million and $135.9 million, respectively, of net gains on the sale of operating lease assets that had been returned to the Company at the end of the lease term, These amounts are recorded within Miscellaneous income, net in the Company's Consolidated Statements of Operations.

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT	12 Months Ended
	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
PREMISES AND EQUIPMENT	PREMISES AND EQUIPMENT A summary of premises and equipment, less accumulated depreciation, follows: (in thousands) December 31, 2021 December 31, 2020 Land $ 77,310 $ 81,613 Office buildings 156,967 166,586 Furniture, fixtures, and equipment 598,240 519,565 Leasehold improvement 585,956 556,509 Computer software 1,239,795 1,090,515 Automobiles and other 10,952 1,696 Total premise and equipment 2,669,220 2,416,484 Less accumulated depreciation (1,812,827) (1,629,143) Total premises and equipment, net $ 856,393 $ 787,341 NOTE 5. PREMISES AND EQUIPMENT (continued) Depreciation expense for premises and equipment, included in Occupancy and equipment expenses in the Consolidated Statements of Operations, was $243.6 million, $209.4 million, and $226.1 million for the years ended December 31, 2021, 2020 and 2019 , respectively. During the year ended December 31, 2021 the Company sold seven properties. The Company receiv ed net proceeds of $6.4 million from the sales, with a net gain of $3.5 million. The carrying value of these properties was $2.9 million. In 2020 the Company sold six properties. The Company received net proceeds of $4.3 million from the sales, with a net gain of $2.0 million. The carrying value of these properties was $2.3 million. In addition to the six properties sold in 2020, the Company completed the sale of SBC, including its fixed assets. In 2019 the Company sold eight properties. The Company received net proceeds of $2.0 million from the sales, with a net gain of $0.4 million. The carrying value of these properties was $1.7 million. Gain on sale of premises and equipment are included within Miscellaneous income in the Consolidated Statements of Operations. In addition to the eight properties sold in 2019, the Company also completed the sale of 14 bank branches to First Commonwealth Bank. The gain on the sale of these branches was immaterial. During the years ended December 31, 2021, 2020, and 2019 the Company recorded impairment of capitalized assets in the amount of $11.2 million, $21.0 million, and $23.4 million, respectively. These were primarily related to capitalized software assets.

GOODWILL AND OTHER INTANGIBLES

GOODWILL AND OTHER INTANGIBLES	12 Months Ended
	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLES	GOODWILL AND OTHER INTANGIBLES Goodwill Goodwill is assigned to reporting units, which are operating segments or one level below an operating segment, as of the acquisition date. The following table presents the Company's goodwill by its reporting units as of December 31, 2021: (in thousands) CBB C&I CRE & VF CIB SC Total Goodwill at December 31, 2021 $ 297,802 $ 52,198 $ 1,095,071 $ 131,130 $ 1,019,960 $ 2,596,161 During the year ended December 31, 2021, there were no disposals, additions, impairments or re-allocations of goodwill. 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, 2021 using generally accepted valuation methods. As a result of that impairment test, no goodwill impairment was identified. NOTE 6. GOODWILL AND OTHER INTANGIBLES (continued) 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. 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 $0.3 billion 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 impairment as the valuation is highly correlated with forecasted interest rates, credit costs, and other factors. During the fourth quarter of 2020, the Company implemented organizational changes which resulted in the transfer of Upper Business Banking customers into the C&I segment from the CBB segment. Refer to Note 23 to these Consolidated Financial Statements for additional details on the Company's reportable segments. As a result of the re-organization, the Company re-allocated approximately $25.1 million of goodwill from the CBB reporting unit to the C&I reporting unit. Upon re-allocation, the Company performed a post evaluation for impairment on the CBB and C&I reporting units utilizing assumptions consistent with our October 1, 2020 impairment test and noted no impairment. Other Intangible Assets The following table details amounts related to the Company's intangible assets subject to amortization for the dates indicated. December 31, 2021 December 31, 2020 (in thousands) Net Carrying Accumulated Amortization (2) Net Carrying Accumulated Intangibles subject to amortization: Dealer networks $ 283,958 $ (186,042) $ 308,768 $ (271,232) Chrysler relationship 20,000 (118,750) 35,000 (103,750) Trade name — — 12,300 (5,700) Other intangibles (1) 35,121 (48,541) 1,479 (55,694) Total intangibles subject to amortization $ 339,079 $ (353,333) $ 357,547 $ (436,376) (1) Includes intangible assets with a book value of approximately $38 million added during the year in connection with the close of its agreement with Crédit Agricole Corporate and Investment Bank, S.A.to take over management of global wealth management client assets and liabilities. This intangible asset will be amortized over a six year useful life. (2) Includes removal of accumulated amortization on fully-amortized intangible assets. At December 31, 2021 and December 31, 2020, the Company did not have any intangibles, other than goodwill, that were not subject to amortization. Amortization expense on intangible assets was $44.7 million, $58.7 million, and $59.0 million for the years ended December 31, 2021, 2020, and 2019 respectively. The estimated aggregate amortization expense related to intangibles, excluding any impairment charges, for each of the five succeeding calendar years ending December 31 is: Year Calendar Year Amount (in thousands) 2022 $ 45,862 2023 34,608 2024 30,750 2025 30,709 2026 28,763 Thereafter 168,387

OTHER ASSETS

OTHER ASSETS	12 Months Ended
	Dec. 31, 2021
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 December 31, 2021 and December 31, 2020: (in thousands) December 31, 2021 December 31, 2020 Operating lease ROU assets $ 531,408 $ 540,222 Deferred tax assets 87,931 11,114 Accrued interest receivable 482,469 634,509 Derivative assets at fair value 661,080 1,219,090 Other repossessed assets 248,051 207,900 Equity method investments 260,010 272,633 MSRs 79,107 77,545 OREO 3,724 29,799 Income tax receivables 173,060 225,736 Prepaid expense 283,909 225,251 Miscellaneous assets and receivables 524,674 608,431 Total Other assets $ 3,335,423 $ 4,052,230 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 disaster recovery centers, 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 years ended December 31, 2021, 2020, and 2019 operating lease expenses were $140.8 million, $152.4 million, and $145.5 million respectively. Sublease income was $4.4 million, $4.5 million, and $4.1 million, respectively, for the years ended December 31, 2021, 2020, and 2019. These are reported within Occupancy and equipment expenses in the Company’s Consolidated Statements of Operations. NOTE 7. OTHER ASSETS (continued) Supplemental balance sheet information related to leases was as follows: Maturity of Lease Liabilities at December 31, 2021 Total Operating leases (in thousands) 2022 $ 139,494 2023 123,029 2024 108,389 2025 83,308 2026 56,744 Thereafter 135,835 Total lease liabilities $ 646,799 Less: Interest (53,662) Present value of lease liabilities $ 593,137 Supplemental Balance Sheet Information December 31, 2021 December 31, 2020 Operating lease ROU assets $531,408 $540,222 Other liabilities $593,137 $606,000 Weighted-average remaining lease term (years) 6.4 6.5 Weighted-average discount rate 2.8% 2.9% Year Ended December 31, Other Information 2021 2020 (in thousands) Operating cash flows from operating leases (1) $ (144,199) $ (140,953) Leased assets obtained in exchange for new operating lease liabilities $ 98,924 $ 33,930 (1) Activity is included within the net change in other liabilities on the Consolidated SCF. The Company made approximately $5.9 million and $4.5 million in payments during the years ended December 31, 2021 and 2020, respectively, to Santander for rental of certain office space. The related ROU assets and lease liabilities were approximately $4.3 million and $9.0 million at December 31, 2021 and 2020, respectively. The remainder of Other assets is comprised of: • Deferred tax asset, net - Refer to Note 17 of these 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 14 to these 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 15. • Income tax receivables - Refer to Note 17 of these Consolidated Financial Statements for more information on tax-related activities. • OREO and other repossessed assets includes property and vehicles recovered through foreclosure and repossession.

VIEs

VIEs	12 Months Ended
	Dec. 31, 2021
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 Consolidated Balance Sheets. The collateral, borrowings under credit facilities and securitization notes payable of the Company’s consolidated VIEs remain on the Consolidated Balance Sheets. The Company recognizes finance charges, fee income, and provision for credit losses on the RICs, and leased vehicles and interest expense on the debt. Revolving credit facilities generally also utilize entities that are considered VIEs which are included on the Consolidated Balance Sheets. The Company also uses a titling Trust to originate and hold its leased vehicles and the associated leases, in order to facilitate the pledging of leases to financing facilities or the sale of leases to other parties without incurring the costs and administrative burden of retitling the leased vehicles. This titling Trust is considered a VIE. On-balance sheet VIEs The assets of consolidated VIEs presented based upon the legal transfer of the underlying assets in order to reflect legal ownership, 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: (in thousands) December 31, 2021 December 31, 2020 Assets Restricted cash $ 1,637,311 $ 1,737,021 LHFS — 581,938 LHFI 20,551,716 22,572,549 Operating lease assets, net 14,668,336 16,391,107 Various other assets 629,364 791,306 Total Assets $ 37,486,727 $ 42,073,921 Liabilities Notes payable $ 29,199,966 $ 31,700,709 Various other liabilities 81,098 84,922 Total Liabilities $ 29,281,064 $ 31,785,631 Certain amounts shown above are greater than the amounts shown in the corresponding line items in the accompanying 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 December 31, 2021 and December 31, 2020, the Company was servicing $24.3 billion and $27.7 billion, respectively, of gross RICs that have been transferred to consolidated Trusts. The remainder of the Company’s RICs remain unpledged. NOTE 8. VIEs (continued) A summary of the cash flows received from the consolidated Trusts for the years ended December 31, 2021, 2020, and 2019, is as follows: Year Ended December 31, (in thousands) 2021 2020 2019 Assets securitized $ 22,023,982 $ 18,288,882 $ 22,286,033 Net proceeds from new securitizations (1) $ 19,353,730 $ 14,319,697 $ 17,199,821 Net proceeds from sale of retained bonds 241,233 58,491 251,602 Cash received for servicing fees (2) 956,291 976,307 990,612 Net distributions from Trusts (2) 5,645,995 3,940,774 3,615,461 Total cash received from Trusts $ 26,197,249 $ 19,295,269 $ 22,057,496 (1) Includes additional advances on existing securitizations. (2) These amounts are not reflected in the accompanying Condensed Consolidated SCF because the cash flows are between the VIEs and other entities included in the consolidation. Off-balance sheet VIEs During the years ended December 31, 2021, and 2020, SC sold $1.9 billion and $1.1 billion, respectively, of gross RICs to third-party investors in off-balance sheet securitizations for a gain of $7.2 million and a loss of $40.6 million, respectively. The gains and losses were recorded in Miscellaneous income, net, in the accompanying Condensed Consolidated Statements of Income. As of December 31, 2021 and December 31, 2020, the Company was servicing $2.4 billion and $2.2 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) December 31, 2021 December 31, 2020 Related party SPAIN securitizations $ 554,040 $ 1,214,644 Third-party SCART serviced securitizations 1,817,936 929,429 Third-party CCAP securitizations — 82,713 Total serviced for other portfolio $ 2,371,976 $ 2,226,786 Other than r epurchases 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 years ended December 31, 2021, 2020, and 2019, respectively, were as follows: Year Ended December 31, (in thousands) 2021 2020 2019 Receivables securitized (1) 1,891,278 1,148,587 — Net proceeds from new securitizations 1,779,532 1,052,541 — Cash received for servicing fees 30,952 24,256 34,068 Total cash received from Trusts $ 1,810,484 $ 1,076,797 $ 34,068 (1) Represents the unpaid principal balance at the time of original securitization.

DEPOSITS AND OTHER CUSTOMER ACC

DEPOSITS AND OTHER CUSTOMER ACCOUNTS	12 Months Ended
	Dec. 31, 2021
Deposits [Abstract]
DEPOSITS AND OTHER CUSTOMER ACCOUNTS	DEPOSITS AND OTHER CUSTOMER ACCOUNTS Deposits and other customer accounts are summarized as follows: December 31, 2021 December 31, 2020 (dollars in thousands) Balance Percent of total deposits Balance Percent of total deposits Interest-bearing demand deposits $ 16,335,499 20.0 % $ 11,097,595 14.7 % Non-interest-bearing demand deposits 22,443,957 27.5 % 21,800,278 28.9 % Savings 5,564,934 6.8 % 4,827,065 6.4 % Customer repurchase accounts 338,698 0.4 % 323,398 0.4 % Money market 34,390,613 42.1 % 33,358,315 44.4 % CDs 2,524,471 3.2 % 3,897,056 5.2 % Total deposits (1) $ 81,598,172 100.0 % $ 75,303,707 100.0 % (1) Includes foreign deposits, as defined by the FRB, of $6.4 billion and $5.8 billion at December 31, 2021 and December 31, 2020, respectively. Public fund deposits collateralized by investment securities, loans, and other financial instruments totaled $3.2 billion and $2.2 billion at December 31, 2021 and December 31, 2020, respectively. Demand deposit overdrafts that have been reclassified as loan balances were $133.1 million and $110.5 million at December 31, 2021 and December 31, 2020, respectively. Interest expense on deposits and other customer accounts is summarized as follows: YEAR ENDED DECEMBER 31, (in thousands) 2021 2020 2019 Interest-bearing demand deposits $ 5,973 $ 22,878 $ 82,152 Savings 2,021 7,806 13,132 Customer repurchase accounts 262 647 1,643 Money market 55,463 164,730 317,299 CDs 23,384 94,344 160,245 Total Deposits $ 87,103 $ 290,405 $ 574,471 The following table sets forth the maturity of the Company's CDs of $100,000 or more at December 31, 2021 as scheduled to mature contractually: (in thousands) Three months or less $ 563,146 Over three through six months 150,603 Over six through twelve months 324,165 Over twelve months 202,450 Total $ 1,240,364 The following table sets forth the maturity of all the Company's CDs at December 31, 2021 as scheduled to mature contractually: (in thousands) 2022 $ 1,997,152 2023 291,857 2024 115,933 2025 43,252 2026 73,741 Thereafter 2,536 Total $ 2,524,471

BORROWINGS

BORROWINGS	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
BORROWINGS	BORROWINGS Total borrowings and other debt obligations at December 31, 2021 were $41.1 billion, compared to $46.4 billion at December 31, 2020. The Company's debt agreements impose certain limitations on dividend payments and other 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. SBNA During the year ended December 31, 2021, the Bank issued $298 million of credit linked notes due December 2031. In addition, the Bank, issued $1 billion of Senior Notes with SHUSA, with original maturities through May 2022. SBNA had no securities repurchases during the year ended December 31, 2021. SHUSA During the year ended December 31, 2021 the Company issued a $500 million 2.88% subordinate note due November 2031 to Santander, an affiliate and called debt, consisting of $427.9 million senior floating-rate notes due June 2022 and $500 million 5.83% senior fixed rated note due March 2023 to Santander, an affiliate. Subsequent Event On January 6, 2022 the Company completed the public offering and sale of $1 billion aggregate principal amount of its 2.49% Fixed-to-Floating Rate Senior Notes due 2028. In February 2022, the Company called its $706.8 million 3.70% senior notes due March 2022. NOTE 10. BORROWINGS (continued) Parent Company and other Subsidiary Borrowings and Debt Obligations The following table presents information regarding the Parent Company and its subsidiaries' borrowings and other debt obligations at the dates indicated: December 31, 2021 December 31, 2020 (dollars in thousands) Balance Effective Balance Effective Parent Company 4.45% senior notes due December 2021 $ — — % $ 491,411 4.61 % 3.70% senior notes due March 2022 706,819 3.67 % 707,896 3.67 % Senior notes due June 2022 (1) — — % 427,925 1.84 % Senior notes due January 2023 (2) 720,947 1.28 % 720,904 2.06 % 3.40% senior notes due January 2023 998,599 3.54 % 997,298 3.54 % 5.83% senior notes due March 2023 — — % 500,000 5.83 % 3.50% senior notes due April 2023 447,107 3.52 % 447,039 3.52 % Senior notes due July 2023 (2) 439,085 1.29 % 439,022 2.04 % 2.88% senior notes due January 2024 (3) 750,000 2.88 % 750,000 2.88 % 3.50% senior notes due June 2024 997,610 3.60 % 996,687 3.60 % 3.45% senior notes, due June 2025 995,983 3.58 % 994,871 3.58 % 4.50% senior notes due July 2025 1,097,667 4.56 % 1,097,074 4.56 % 3.24% senior notes, due November 2026 918,851 3.97 % 913,239 3.97 % 4.40% senior notes, due July 2027 1,049,565 4.40 % 1,049,531 4.40 % 2.88% subordinate note, due November 2031 (3) 500,000 2.88 % — — % Short-term borrowing due within one year, with an affiliate — — % 123,453 2.00 % Subsidiaries 2.00% subordinated debt maturing through 2040 11 2.00 % 11 2.00 % Short-term borrowing with an affiliate, maturing January 2021 — — % 200,000 0.10 % Short-term borrowing due within one year, maturing January 2022 57,365 0.05 % 15,750 0.05 % Total Parent Company and subsidiaries' borrowings and other debt obligations $ 9,679,609 3.44 % $ 10,872,111 3.57 % (1) This note will bear interest at a rate equal to the three-month LIBOR plus 100 basis points per annum. (2) These notes will bear interest at a rate equal to the three-month LIBOR plus 110 basis points per annum. (3) These notes are payable to SHUSA's parent company, Santander. SBNA Borrowings and Debt Obligations The following table presents information regarding SBNA's borrowings and other debt obligations at the dates indicated: December 31, 2021 December 31, 2020 (dollars in thousands) Balance Effective Balance Effective FHLB advances, maturing through May 2022 $ 250,000 0.93 % $ 1,150,000 0.64 % Credit linked notes due December 2031 (1) 293,749 2.53 % — — % Total Bank borrowings and other debt obligations $ 543,749 1.79 % $ 1,150,000 0.64 % (1) Issued in December 2021 in the amount of $298 million. Notes are tied to the performance of a $2 billion reference pool of SBNA prime auto loans. The contractual residual amount is $36 million. NOTE 10. BORROWINGS (continued) Credit Linked Notes SBNA's credit-linked notes effectively transfer credit risk on a reference pool of loans to the purchaser of the notes. In the event of credit losses on the reference pool in excess of the contractual residual amount, the principal balance of the notes will be reduced to the extent of such loss up to the amount of notes issued and recognized as a debt extinguishment gain within Miscellaneous income, net. SBNA has the option to redeem the notes once the UPB of the reference pool is less than or equal to 10% of the initial principal balance. SBNA had outstanding irrevocable letters of credit totaling $53.5 million from the FHLB of Pittsburgh at December 31, 2021 used to secure uninsured deposits placed with SBNA by state and local governments and their political subdivisions. SC Credit Facilities The following tables present information regarding SC's credit facilities as of December 31, 2021 and 2020 , respectively: December 31, 2021 (dollars in thousands) Balance Committed Amount Effective Assets Pledged Restricted Cash Pledged Warehouse line due November 2022 $ — $ 500,000 — % $ — $ — Warehouse line due January 2023 — 1,000,000 — % — — Warehouse line due March 2023 — 1,250,000 — % — 1 Warehouse line due June 2023 — 500,000 — % — — Warehouse line due July 2023 — 600,000 — % — — Warehouse line due October 2023 — 500,000 — % 12,428 — Warehouse line due October 2023 — 2,100,000 — % — 64 Warehouse line due November 2023 — 1,000,000 — % — — Warehouse line due November 2023 — 3,500,000 — % 124,624 — Total facilities with third parties $ — $ 10,950,000 — % $ 137,052 $ 65 Promissory note with Santander due June 2022 $ 2,000,000 $ 2,000,000 2.03 % $ — $ — Promissory note with Santander due September 2022 2,000,000 2,000,000 1.01 % — — Total facilities with related parties $ 4,000,000 $ 4,000,000 1.52 % $ — $ — Total SC credit facilities $ 4,000,000 $ 14,950,000 1.52 % $ 137,052 $ 65 December 31, 2020 (dollars in thousands) Balance Committed Amount Effective Assets Pledged Restricted Cash Pledged Repurchase facility due January 2021 $ 167,967 $ 167,967 1.64 % $ 217,200 $ — Warehouse line due January 2022 415,700 1,000,000 1.81 % 595,518 — Warehouse line due March 2022 942,845 1,250,000 1.34 % 1,621,206 1 Warehouse line due July 2022 — 900,000 1.46 % — 1,684 Warehouse line due August 2022 — 500,000 1.50 % 159,348 — Warehouse line due November 2022 177,600 500,000 1.18 % 371,959 — Warehouse line due October 2022 168,300 500,000 3.07 % 243,649 1,201 Warehouse line due October 2022 845,800 2,100,000 3.29 % 1,156,885 — Warehouse line due October 2022 1,000,600 1,500,000 1.85 % 639,875 — Warehouse line due October 2022 441,143 3,500,000 3.45 % 2,057,758 — Total facilities with third parties $ 4,159,955 $ 11,917,967 2.21 % $ 7,063,398 $ 2,886 Promissory note with Santander due June 2022 $ 2,000,000 $ 2,000,000 1.40 % $ — $ — Promissory note with Santander due September 2022 2,000,000 2,000,000 1.04 % — — Total facilities with related parties $ 4,000,000 $ 4,000,000 1.22 % $ — $ — Total SC credit facilities $ 8,159,955 $ 15,917,967 1.72 % $ 7,063,398 $ 2,886 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 10. BORROWINGS (continued) Secured Structured Financings The following tables present information regarding SC's secured structured financings as of December 31, 2021 and 2020 , respectively: December 31, 2021 (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 July 2022 and March 2029 (1) $ 23,531,904 $ 54,534,275 0.48% - 3.42% $ 30,692,331 $ 1,621,026 SC privately issued amortizing notes maturing on various dates between June 2022 and December 2027 (3) 3,377,925 8,761,563 1.28% - 3.90% 5,728,292 16,220 Total SC secured structured financings $ 26,909,829 $ 63,295,838 0.48% - 3.90% $ 36,420,623 $ 1,637,246 (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. December 31, 2020 (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 May 2022 and May 2028 $ 18,942,160 $ 44,775,735 0.60% - 3.42% $ 25,022,577 $ 1,710,351 SC privately issued amortizing notes maturing on various dates between June 2022 and December 2027 7,235,241 10,747,563 1.28% - 3.90% 11,232,123 23,784 Total SC secured structured financings $ 26,177,401 $ 55,523,298 0.60% - 3.90% $ 36,254,700 $ 1,734,135 Most of SC's secured structured financings are in the form of public, SEC-registered securitizations. SC also executes private securitizations under Rule 144A of the Securities Act, and periodically issues private term amortizing notes, which are structured similarly to securitizations but are acquired by banks and conduits. SC's securitizations and private issuances are collateralized by vehicle RICs and loans or leases. The following table sets forth the maturities of the Company's consolidated borrowings and debt obligations at December 31, 2021 (in thousands) 2022 $ 1,190,821 2023 8,421,789 2024 10,697,810 2025 8,767,449 2026 5,137,069 Thereafter 6,918,249 Total $ 41,133,187

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME / (LOSS)	12 Months Ended
	Dec. 31, 2021
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME / (LOSS)	ACCUMULATED OTHER COMPREHENSIVE INCOME / (LOSS) The following table presents the components of AOCI, net of related tax, for the years ended December 31, 2021, 2020, and 2019, respectively. Total Other Total Accumulated Year Ended December 31, 2021 December 31, 2020 December 31, 2021 (in thousands) Pretax Tax Net Activity Beginning Net Ending Change in AOCI on cash flow hedge derivative financial instruments $ (227,528) $ 57,129 $ (170,399) Reclassification adjustment for net (gains)/losses on cash flow hedge derivative financial instruments (1) 15,870 (3,655) 12,215 Net unrealized gains/(losses) on cash flow hedge derivative financial instruments (211,658) 53,474 (158,184) $ 78,167 $ (158,184) $ (80,017) Change in unrealized gains/(losses) on investments in debt securities (252,439) 66,417 (186,022) Reclassification adjustment for net (gains)/losses included in net income/(expense) on debt securities AFS (2) (14,481) 3,335 (11,146) Net unrealized gains/(losses) on investments in debt securities (266,920) 69,752 (197,168) 117,263 (197,168) (79,905) Pension and post-retirement actuarial gain / (loss) (3) 1,144 (197) 947 (29,135) 947 (28,188) As of December 31, 2021 $ (477,434) $ 123,029 $ (354,405) $ 166,295 $ (354,405) $ (188,110) (1) Net gains/(losses) reclassified into Interest on borrowings and other debt obligations in the 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 Consolidated Statements of Operations for the sale of debt securities AFS. (3) Included in the computation of net periodic pension costs. Total Other Total Accumulated Year Ended December 31, 2020 December 31, 2019 December 31, 2020 (in thousands) Pretax Tax Net Activity Beginning Net Ending Change in AOCI on cash flow hedge derivative financial instruments $ 155,226 $ (57,416) $ 97,810 Reclassification adjustment for net (gains)/losses on cash flow hedge derivative financial instruments (1) 550 (79) 471 Net unrealized gains/(losses) on cash flow hedge derivative financial instruments 155,776 (57,495) 98,281 $ (20,114) $ 98,281 $ 78,167 Change in unrealized gains/(losses) on investments in debt securities 244,766 (66,663) 178,103 Reclassification adjustment for net (gains)/losses included in net income/(expense) on debt securities AFS (2) (54,897) 16,937 (37,960) Net unrealized gains/(losses) on investments in debt securities 189,869 (49,726) 140,143 (22,880) 140,143 117,263 Pension and post-retirement actuarial gain / (loss) (3) 15,450 628 16,078 (45,213) 16,078 (29,135) As of December 31, 2020 $ 361,095 $ (106,593) $ 254,502 $ (88,207) $ 254,502 $ 166,295 (1)- (3) Refer to the corresponding explanations in the table

STOCKHOLDER'S EQUITY

STOCKHOLDER'S EQUITY	12 Months Ended
	Dec. 31, 2021
Equity [Abstract]
STOCKHOLDER'S EQUITY	STOCKHOLDER'S EQUITY At December 31, 2021, the Company had 530,391,043 shares of common stock outstanding to its parent, Santander. The Company did not have any contributions from Santander for the years ended December 31, 2021 or 2020. Additional transactions with Santander during 2019 that are disclosed within the Consolidated Statements of Stockholder's Equity are shown net are disclosed within the table below: Impact to common stock and paid in capital (in thousands) March 2019 contribution $ 34,330 May 2019 contribution 41,571 July 2019 contribution 13,026 2019 net contribution from shareholder $ 88,927 Share Repurchases In June 2019, SC announced that the SC Board had authorized purchases by the Company of up to $1.1 billion , excluding commissions, of its outstanding common stock effective from the third quarter of 2019 through the end of the second quarter of 2020. During the three months ended March 31, 2020, SC purchased shares of its common stock through a modified Dutch Auction Tender Offer, and extended the share repurchase program through the end of the third quarter of 2020. During 2020, the Company announced that SHUSA’s request for certain exceptions to the Interim Policy had been approved. Such exception approval permitted SC to continue its share repurchase program through the end of the third quarter of 2020. On August 10, 2020, SC announced that it had substantially exhausted the amount of shares it was permitted to repurchase under the exception approval and that SC expected to repurchase an immaterial number of shares remaining under the exception approval. After substantially exhausting its share repurchase authorization on August 10, 2020, and through the end of the second quarter of 2021, SC was only permitted to repurchase shares of the SC’s common stock equal to the amount of share issuances related to SC’s expensed employee compensation. During the years ended December 31, 2021, 2020, and 2019, SC repurchased $9.5 million, $771.5 million and $338.0 million of SC Com mon Stock. As of December 31, 2021, SC was owned approximately 80.2% by SHUSA and 19.8% by other shareholders. Refer to Note 1 of the Consolidated Financial Statements for additional information on SHUSA's January 31, 2022 acquisition of the remainder of SC's outstanding shares.

SECURITIES FINANCING ACTIVITIES

SECURITIES FINANCING ACTIVITIES	12 Months Ended
	Dec. 31, 2021
Banking and Thrift, Other Disclosures [Abstract]
SECURITIES FINANCING ACTIVITIES	SECURITIES FINANCING ACTIVITIES The Company may enter into Securities Financing Activities primarily to deploy the Company’s excess cash and investment positions. Securities Financing Activities are treated as collateralized financings and are included i n "F ederal funds sold and securities purchased under resale agreements or similar arrangements" an d "Federal funds purchased and securities loaned or sold under repurchase agreements" on the Company’s Consolidated Balance Sheets . Refer to Note 1 for further discussion of accounting for and the offsetting of securities financing assets and liabilities. Securities borrowed and purchased under agreements to resell, at their respective carrying values, consisted of the following: (in thousands) December 31, 2021 December 31, 2020 Securities purchased under agreements to resell $ 2,422,042 $ — Securities borrowed 2,924,426 — Total $ 5,346,468 $ — Securities loaned or sold under agreements to repurchase, at their respective carrying values, consisted of the following: (in thousands) December 31, 2021 December 31, 2020 Securities sold under agreements to repurchase $ 5,258,875 $ — Securities Financing Activities are generally executed under standard industry agreements, including master agreements that create a single contract under which all transactions between two counterparties are executed, allowing for trade aggregation of receivables and payables into a single net payment or settlement. At December 31, 2021, the following amounts of securities financing assets or liabilities qualified for offset in the Consolidated Balance Sheets. December 31, 2021 (in thousands) Gross amounts of recognized assets Gross amounts offset on the Consolidated Balance Sheets (1) Net amounts of assets included on the Consolidated Balance Sheets Securities purchased under agreements to resell $ 2,746,948 $ (324,906) $ 2,422,042 Securities borrowed 2,924,426 — 2,924,426 Total $ 5,671,374 $ (324,906) $ 5,346,468 December 31, 2021 (in thousands) Gross amounts of recognized liabilities Gross amounts offset on the Consolidated Balance Sheets (1) Net amounts of liabilities included on the Consolidated Balance Sheets Securities sold under agreements to repurchase $ 5,583,781 $ (324,906) $ 5,258,875 (1) Includes financial instruments subject to enforceable master netting agreements that are permitted to be offset under ASC 210-20-45. The following tables present the gross amounts of liabilities associated with Securities Financing Activities by remaining contractual maturity: December 31, 2021 (in thousands) Open and overnight Up to 30 days 31-90 days Greater than 90 days Total Securities sold under agreements to repurchase $ 5,583,781 $ — $ — $ — $ 5,583,781 NOTE 13. SECURITIES FINANCING ACTIVITIES (continued) The following tables present the gross amounts of liabilities associated with Securities Financing Activities by class of underlying collateral as of December 31, 2021: (in thousands) Repurchase agreements U.S. Treasury $ 3,124,781 Residential agency MBS $ 2,459,000 Total $ 5,583,781

DERIVATIVES

DERIVATIVES	12 Months Ended
	Dec. 31, 2021
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 15 to these 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 December 31, 2021, derivatives in this category had a fair value of $0.5 million. The credit ratings of the Company and SBNA are currently considered investment grade. As of December 31, 2021, no additional collateral would be required if there were a further 1- or 2- notch downgrade by either S&P or Moody's. As of December 31, 2021 and December 31, 2020, 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 $7.7 million and $9.9 million, respectively. The Company had $8.8 million and $3.9 million in cash and securities collateral posted to cover those positions as of December 31, 2021 and December 31, 2020, 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. NOTE 14. DERIVATIVES (continued) Fair Value Hedges During the second quarter of 2021, the Company began entering into derivatives to hedge the risk of changes in fair value of a portion of its LHFI portfolio. These derivatives are designated as fair value hedges at inception. The gains/(losses) from changes in the fair value of the hedging derivative and the offsetting gains/(losses) from changes in the fair value of the related underlying hedged items are reporting in the same line item in the Condensed Consolidated Statements of Operations as earnings from the hedged items. The cumulative fair value hedge basis adjustments included in the carrying amount of hedged assets is reversed through earnings in future periods as an adjustment to yield. The Company includes gains/(losses) on the hedging derivatives and the related hedged items in the assessment of hedge effectiveness. All of these swaps have been deemed highly effective fair value hedges. The last of the hedges is scheduled to expire in September 2026. 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 AOCI and reclassified into earnings in the same period or periods during which the hedged transaction affects earnings and is presented in the same Consolidated Statements of Operations line item as the earnings effect of the hedged item. The last of the hedges is scheduled to expire in March 2027. The Company includes all components of each derivative's gain or loss in the assessment of hedge effectiveness. As of December 31, 2021, the Company estimated that approximately $19.4 million of unrealized gains included in AOCI would 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 December 31, 2021 and December 31, 2020 included: (dollars in thousands) Notional Asset Liability Weighted Average Receive Rate Weighted Average Pay Weighted Average Life December 31, 2021 Fair value hedges: Cross-currency swaps $ 14,743 $ 655 $ — 1.34 % 7.30 % 1.84 Interest rate swaps 128,789 1,188 — 0.05 % 0.71 % 3.59 Cash flow hedges: Pay variable - receive fixed interest rate swaps 11,995,000 41,980 111,093 0.88 % 0.09 % 2.28 Interest rate floor 925,000 150 — 0.03 % — % 1.68 Total $ 13,063,532 $ 43,973 $ 111,093 0.81 % 0.10 % 2.25 December 31, 2020 Cash flow hedges: Pay fixed — receive variable interest rate swaps $ 2,450,000 $ 124 $ 70,589 0.18 % 1.50 % 1.90 Pay variable - receive fixed interest rate swaps 8,745,000 150,206 182 1.16 % 0.14 % 2.12 Interest rate floor 3,525,000 27,507 — 1.28 % — % 1.10 Total $ 14,720,000 $ 177,837 $ 70,771 1.03 % 0.33 % 1.84 During 2018, 2019, and 2020, SC entered into interest rate swap agreements with an aggregate notional amount of $2.2 billion. The interest rate swaps were to be used to hedge SC’s variable rate debt and had maturity dates ranging from two year ended December 31, 2021. NOTE 14. 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. NOTE 14. DERIVATIVES (continued) Derivatives Not Designated in Hedge Relationships – Notional and Fair Values Other derivative activities at December 31, 2021 and December 31, 2020 included: Notional Asset derivatives Liability derivatives (in thousands) December 31, 2021 December 31, 2020 December 31, 2021 December 31, 2020 December 31, 2021 December 31, 2020 Mortgage banking derivatives: Forward commitments to sell loans $ 264,188 $ 520,299 $ — $ — $ 21 $ 3,835 Interest rate lock commitments 99,752 262,471 2,852 13,202 — — Mortgage servicing 593,000 495,000 15,841 33,419 8,111 13,402 Total mortgage banking risk management 956,940 1,277,770 18,693 46,621 8,132 17,237 Customer-related derivatives: Swaps receive fixed 14,801,189 15,350,026 400,168 901,509 89,767 8,778 Swaps pay fixed 15,141,223 15,749,590 102,312 14,644 383,987 874,260 Other 6,384,285 3,781,316 25,542 15,446 26,741 13,782 Total customer-related derivatives 36,326,697 34,880,932 528,022 931,599 500,495 896,820 Other derivative activities: Foreign exchange contracts 5,085,973 4,258,869 35,899 52,530 33,836 62,616 Interest rate swap agreements — 250,000 — — — 12,934 Interest rate cap agreements 7,007,441 10,199,134 34,290 4,617 — — Options for interest rate cap agreements 7,007,441 10,199,134 — — 34,290 4,617 Other 111,373 240,083 203 5,886 2,367 7,031 Total $ 56,495,865 $ 61,305,922 $ 617,107 $ 1,041,253 $ 579,120 $ 1,001,255 NOTE 14. DERIVATIVES (continued) Gains (Losses) on All Derivatives The following Consolidated Statement of Operations line items were impacted by the Company’s derivative activities for the years ended December 31, 2021 and 2020: (in thousands) Year Ended December 31, Line Item 2021 2020 2019 Fair value hedges: Cross-currency swaps Net interest income $ 655 $ — $ — Interest rate swaps Net interest income 1,188 — — Cash flow hedges: Pay fixed-receive variable interest rate swaps Interest expense on borrowings (31,280) (26,103) 36,920 Pay variable receive-fixed interest rate swap Interest income on loans 99,618 54,845 (39,086) Interest rate floors Interest income on loans 21,355 37,057 (1,741) Other derivative activities: Forward commitments to sell loans Miscellaneous income, net 3,814 (3,442) 4,477 Interest rate lock commitments Miscellaneous income, net (10,351) 10,160 365 Mortgage servicing Miscellaneous income, net (8,245) 31,227 24,244 Customer-related derivatives Miscellaneous income, net 5,859 30,552 2,538 Foreign exchange Miscellaneous income, net 29,547 9,237 32,565 Interest rate swaps, caps, and options Miscellaneous income, net 96 (11,371) (14,092) Other Miscellaneous income, net (369) 425 (408) (1) Gains are disclosed as positive numbers while losses are shown as a negative number regardless of the line item being affected. The net amount of change recognized in OCI for cash flow hedge derivatives was a loss of $170.4 million, gain of $97.8 million, and a loss of $0.5 million net of tax, for the years ended December 31, 2021, 2020, and 2019 respectively. The net amount of changes reclassified from OCI into earnings for cash flow hedge derivatives were losses of $12.2 million, $0.5 million, and $0.2 million, net of tax, for the years ended December 31, 2021, 2020, and 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 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 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 Consolidated Balance Sheets" section of the tables below. NOTE 14. DERIVATIVES (continued) Information about financial assets and liabilities that are eligible for offset on the Consolidated Balance Sheets as of December 31, 2021 and December 31, 2020, 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 December 31, 2021 Fair value hedges $ 1,843 $ — $ 1,843 $ 1,843 Cash flow hedges 42,130 — 42,130 $ — 42,130 Other derivative activities (1) 614,255 — 614,255 41,899 572,356 Total derivatives subject to a master netting arrangement or similar arrangement 658,228 — 658,228 41,899 616,329 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 2,852 — 2,852 122 2,730 Total Derivative Assets $ 661,080 $ — $ 661,080 $ 42,021 $ 619,059 December 31, 2020 Cash flow hedges $ 177,837 $ — $ 177,837 $ 85,065 $ 92,772 Other derivative activities (1) 1,028,051 — 1,028,051 7,771 1,020,280 Total derivatives subject to a master netting arrangement or similar arrangement 1,205,888 — 1,205,888 92,836 1,113,052 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 13,202 — 13,202 — 13,202 Total Derivative Assets $ 1,219,090 $ — $ 1,219,090 $ 92,836 $ 1,126,254 (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 Consolidated Balance Sheets. Financial instruments that are pledged to the Company are not reflected in the accompanying Consolidated Balance Sheets since the Company does not control or have the ability to re-hypothecate these instruments. NOTE 14. 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 December 31, 2021 Fair value hedges $ — $ — $ — $ — Cash flow hedges 111,093 — 111,093 $ 59,073 52,020 Other derivative activities (1) 579,099 2,058 577,041 268,352 308,689 Total derivatives subject to a master netting arrangement or similar arrangement 690,192 2,058 688,134 327,425 360,709 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 21 — 21 21 — Total Derivative Liabilities $ 690,213 $ 2,058 $ 688,155 $ 327,446 $ 360,709 December 31, 2020 Cash flow hedges $ 70,771 $ — $ 70,771 $ 70,589 $ 182 Other derivative activities (1) 997,420 3,517 993,903 584,971 408,932 Total derivatives subject to a master netting arrangement or similar arrangement 1,068,191 3,517 1,064,674 655,560 409,114 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 3,835 — 3,835 2,382 1,453 Total Derivative Liabilities $ 1,072,026 $ 3,517 $ 1,068,509 $ 657,942 $ 410,567 (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 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

FAIR VALUE	12 Months Ended
	Dec. 31, 2021
Fair Value Disclosures [Abstract]
FAIR VALUE	FAIR VALUE The Company estimates the fair value of certain assets and liabilities for both measurement and disclosure purposes. The fair value hierarchy categorizes the underlying assumptions and inputs to valuation techniques that are 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. See Note 1 for a broad discussion of fair value measurement techniques. 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 determin ed 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 15. 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 approves the methodologies used in the estimations of 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 December 31, 2021 and 2020: (in thousands) Level 1 Level 2 Level 3 Balance at December 31, 2021 Level 1 Level 2 Level 3 Balance at Financial assets: U.S. Treasury securities $ 73,618 $ — $ — $ 73,618 $ — $ 170,653 $ — $ 170,653 Corporate debt — 276,007 — 276,007 — 155,715 — 155,715 ABS — 537,722 — 537,722 — 58,945 50,393 109,338 MBS — 10,426,590 — 10,426,590 — 10,877,783 — 10,877,783 Investment in debt securities AFS (2) 73,618 11,240,319 — 11,313,937 — 11,263,096 50,393 11,313,489 Other investments - trading securities 64 35,727 — 35,791 — 40,435 — 40,435 RICs HFI (3) — — 33,529 33,529 — — 50,391 50,391 LHFS (1)(4) — 166,811 — 166,811 — 265,428 — 265,428 MSRs — — 79,107 79,107 — — 77,545 77,545 Other assets - derivatives (2) — 658,187 2,893 661,080 — 1,205,690 13,400 1,219,090 Total financial assets (5) $ 73,682 $ 12,101,044 $ 115,529 $ 12,290,255 $ — $ 12,774,649 $ 191,729 $ 12,966,378 Financial liabilities: Other liabilities - derivatives (2) — 687,846 2,367 690,213 — 1,068,074 3,952 1,072,026 Total financial liabilities $ — $ 687,846 $ 2,367 $ 690,213 $ — $ 1,068,074 $ 3,952 $ 1,072,026 (1) LHFS disclosed on the 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) Refer to Note 2 for the fair value of investment securities and to Note 14 for the fair values of derivative assets and liabilities on a further disaggregated basis. (3) RI Cs collateralized by vehicle titles at SC and RV/marine loans at SBNA. (4) Residential mortgage loans. (5) Approximately $115.5 million of these financial assets were measured using model-based techniques, or Level 3 inputs, and represented approximately 0.9% of total assets measured at fair value on a recurring basis and approximately 0.1% of total consolidated assets. NOTE 15. 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 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. LHFI For certain RICs reported in LHFI, net, the Company has elected the FVO. The estimated fair value of all RICs HFI 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. See further discussion below in the section captioned "FVO for Financial Assets and Financial Liabilities." NOTE 15. FAIR VALUE (continued) MSRs The Company maintains an MSR asset for sold residential real estate loans serviced for others. At December 31, 2021 and 2020 , the balance of these loans serviced for others accounted for at fair value was $10.4 billion and $12.5 billion, respectively. Changes in fair value are recorded through Miscellaneous income, net on the Consolidated Statements of Operations . The Company has elected to measure most of its residential MSRs at fair value to be consistent with the risk management strategy to hedge changes in the fair value of these assets. The fair value of residential MSRs is estimated by using a cash flow valuation model which calculates the present value of estimated future net servicing cash flows, taking into consideration actual and expected mortgage loan prepayment rates, discount rates (reflective of a market participant’s return on an investment for similar assets), servicing costs, and other economic factors which are determined based on current market conditions. Historically, servicing costs and discount rates have been less volatile than prepayment rates, which are directly correlated with changes in market interest rates. Increases in prepayment rates, 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. Assumptions incorporated into the residential MSR valuation model reflect management's best estimate of factors that a market participant would use in valuing the residential MSRs, as well as future expectations. Although sales of residential MSRs do occur, residential MSRs do not trade in an active market with readily observable prices. As deemed appropriate, the Company economically hedges MSRs using interest rate swaps and forward contracts to purchase MBS. See further discussion on these derivative activities in Note 14 to these Consolidated Financial Statements. As a benchmark for the reasonableness of the residential MSRs fair value, opinions of value from brokers are obtained. Brokers provide a range of values based upon their own DCF calculations of our portfolio that reflect conditions in the secondary market and any recently executed servicing transactions. Management compares the internally-developed residential MSR values to the ranges of values received from brokers. If the residential MSRs fair value falls outside of the brokers' ranges, management will assess whether a valuation adjustment is warranted. The residential MSRs value is considered to represent a reasonable estimate of fair value. MSR’s are classified as Level 3. Gains and losses on MSRs are recognized on the Consolidated Statements of Operations through Miscellaneous income, net. Significant assumptions used in the valuation of residential MSRs include CPRs and the discount rate. 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. Below is a sensitivity analysis of the most significant inputs 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 $3.4 million and $6.6 million, respectively, at December 31, 2021. • A 10% and 20% increase in the discount rate would decrease the fair value of the residential servicing asset by $2.5 million and $4.8 million, respectively, at December 31, 2021. 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. NOTE 15. FAIR VALUE (continued) The Company incorporates credit valuation adjustments in the fair value measurement of its derivatives to reflect the counterparty's nonperformance risk, 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). See Note 14 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 years ended December 31, 2021 and 2020, respectively, for those assets and liabilities measured at fair value on a recurring basis. Year Ended December 31, 2021 Year Ended December 31, 2020 (in thousands) Investments RICs HFI MSRs Derivatives, net Total Investments RICs HFI MSRs Derivatives, net Total Balances, beginning of period $ 50,393 $ 50,391 $ 77,545 $ 9,448 $ 187,777 $ 63,235 $ 84,334 $ 130,855 $ 255 $ 278,679 Losses in OCI (393) — — — (393) (588) — — — (588) Gains/(losses) in earnings — — 12,414 (8,922) 3,492 — 14,374 (37,543) 8,878 (14,291) Additions/Issuances — 1,171 14,116 — 15,287 — 2,512 12,377 — 14,889 Transfer from level 2 (2) — 3,774 — — 3,774 — 17,634 — — 17,634 Settlements (1) (50,000) (21,807) (24,968) — (96,775) (12,254) (68,463) (28,144) 315 (108,546) Balances, end of period $ — $ 33,529 $ 79,107 $ 526 $ 113,162 $ 50,393 $ 50,391 $ 77,545 $ 9,448 $ 187,777 Changes in unrealized gains (losses) included in earnings related to balances still held at end of period $ — $ — $ 12,414 $ 1,428 $ 13,842 $ — $ 14,374 $ (37,543) $ (1,282) $ (24,451) (1) Settlements include charge-offs, prepayments, paydowns and maturities. (2) The Company transferred RICs from Level 2 to Level 3 during the years ended December 31 2021 and 2020 because the fair value for these assets cannot be determined by using readily observable inputs. There were no other transfers into or out of Level 3 during the years ended December 31, 2021 or 2020. NOTE 15. FAIR VALUE (continued) 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 $ — $ 17,180 $ 614 $ 17,794 $ — $ 32,609 $ 11,925 $ 44,534 Foreclosed assets — 1,322 — 1,322 — 8,232 23,528 31,760 Vehicle inventory — 271,396 — 271,396 — 313,754 — 313,754 LHFS (1) — — 88,212 88,212 — — 1,960,768 1,960,768 Auto loans impaired due to bankruptcy — 202,448 — 202,448 — 191,785 — 191,785 Goodwill — — 2,596,161 2,596,161 — — 2,596,161 2,596,161 (1) These amounts include zero and $0.9 billion of personal LHFS that were impaired as of December 31, 2021 and 2020 , respectively. On March 16, 2021 the Company sold the personal lending portfolio. Refer to Note 1 for more information. 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 $9.0 million and $33.2 million at December 31, 2021 and 2020 , respectively. Loans previously impaired which were not marked to fair value during the periods presented are excluded from this table. Foreclosed assets represent the recorded investment in assets taken during the period presented in foreclosure of defaulted loans, and are primarily comprised of commercial and residential real properties and generally measured at fair value less costs to sell. The fair value of the real property is generally determined using appraisals or other indications of market value based on recent comparable sales of similar properties or assumptions generally observable in the marketplace. The Company estimates the fair value of its vehicles, which are obtained either through repossession or lease termination, using historical auction rates and current market values of used cars. The Company's LHFS portfolios that are measured at fair value on a nonrecurring basis primarily consist of personal, commercial, and RICs LHFS. The estimated fair value of these LHFS is calculated based on a combination of estimated market rates for similar loans with similar credit risks and a DCF analysis in which the Company uses significant unobservable inputs on key assumptions, including historical default rates and adjustments to reflect voluntary prepayments, prepayment rates, discount rates reflective of the cost of funding, and credit loss expectations. The lower of cost or fair value adjustment for personal LHFS includes customer default activity and adjustments related to the net change in the portfolio balance during the reporting period. For loans that are considered collateral-dependent, such as certain bankruptcy loans, impairment is measured based on the fair value of the collateral less its estimated cost to sell. For the underlying collateral, the estimated fair value is obtained using historical auction rates and current market levels of the collateral securing the loans. NOTE 15. FAIR VALUE (continued) The estimated fair value of goodwill is valued using unobservable inputs and is classified as Level 3. Goodwill is written down to fair value when, as a result of an annual or interim goodwill impairment test, an impairment is identified and recognized. 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. 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 Consolidated Statements of Operations relating to assets held at period-end: Year Ended December 31, (in thousands) Statement of Operations Location 2021 2020 2019 Impaired LHFI Credit loss expense $ (8,807) $ 1,127 $ (15,495) Foreclosed assets Miscellaneous income, net (1) (368) (4,980) (13,648) LHFS Credit loss expense — (1,607) — LHFS Miscellaneous income — (509,223) (404,606) Auto loans impaired due to bankruptcy Credit loss expense — — (9,106) Goodwill impairment Impairment of goodwill (1) (2) — (1,848,228) — MSRs Miscellaneous income, net (1) — (138) (633) (1) Gains are disclosed as positive numbers while losses are shown as a negative number regardless of the line item being affected. (2) Refer to Note 6 for further information on the review of goodwill for impairment. 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 December 31, 2021 and 2020, respectively: (dollars in thousands) Fair Value at December 31, 2021 (3) Valuation Technique Unobservable Inputs Range Financial Assets: MSRs $ 79,107 DCF CPR (1) 7.42% - 82.71% (12.86%) Discount rate (2) 9.35 % (1) 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. (2) 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. (3) Excluded insignificant Level 3 assets and liabilities. NOTE 15. FAIR VALUE (continued) (dollars in thousands) Fair Value at December 31, 2020 Valuation Technique Unobservable Inputs Range Financial Assets: ABS Financing bonds $ 50,393 DCF Discount rate (1) 0.22% Personal LHFS (4) 893,479 Lower of market or income approach Market participant view 60.00% - 70.00% Discount rate 20.00% - 30.00% Default rate 35.00% - 45.00% Net principal & interest payment rate 65.00% - 75.00% Loss severity rate 90.00% - 95.00% RICs HFS $ 674,048 DCF Discount Rate 1.5% - 2.5% (2.0%) Default Rate 2.0% - 4.0% (3.0%) Prepayment Rate 10.0% - 20.0% (15.0%) Loss Severity Rate 50.0% - 60.0% (55.0%) MSRs 77,545 DCF CPR (2) 7.66% - 45.35% (16.11%) Discount rate (3) 9.37 % (1), (2), (3) - See corresponding footnotes to the December 31, 2021 Level 3 significant inputs table above. (4) Excludes non-significant Level 3 LHFS portfolios. 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. 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: December 31, 2021 December 31, 2020 (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 $ 19,305,530 $ 19,305,530 $ 19,305,530 $ — $ — $ 12,621,281 $ 12,621,281 $ 12,621,281 $ — $ — Federal funds sold and securities purchased under resale agreements or similar arrangements 5,346,468 5,372,052 — 5,372,052 — — — — — — Investments in debt securities AFS 11,313,937 11,313,937 73,618 11,240,319 — 11,313,489 11,313,489 — 11,263,096 50,393 Investments in debt securities HTM 6,702,471 6,629,206 — 6,629,206 — 5,504,685 5,677,929 — 5,677,929 — Other investments (2) 285,791 286,526 64 286,462 — 790,435 801,056 — 801,056 — LHFI, net 85,614,402 89,039,439 — 17,180 89,022,259 84,794,689 89,395,086 — 32,609 89,362,477 LHFS 255,023 255,023 — 166,811 88,212 2,226,196 2,226,196 — 265,428 1,960,768 Restricted cash 5,711,705 5,711,705 5,711,705 — — 5,303,460 5,303,460 5,303,460 — — MSRs 79,107 79,107 — — 79,107 77,545 77,545 — — 77,545 Derivatives 661,080 661,080 — 658,187 2,893 1,219,090 1,219,090 — 1,205,690 13,400 Financial liabilities: Deposits (1) 2,524,471 2,524,707 — 2,524,707 — 3,897,056 3,920,096 — 3,920,096 — Federal funds purchased and securities loaned or sold under repurchase agreements 5,258,875 5,258,874 — 5,258,874 — — — — — — Borrowings and other debt obligations 41,133,187 41,600,737 — 33,874,253 7,726,484 46,359,467 47,081,852 — 30,538,951 16,542,901 Derivatives 690,213 690,213 — 687,846 2,367 1,072,026 1,072,026 — 1,068,074 3,952 (1) This line item excludes deposit liabilities with no defined or contractual maturities in accordance with ASU 2016-01. ( 2) This line item includes CDs with a maturity greater than 90 days and investments in trading securities. NOTE 15. 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 instruments at a certain point in time. Therefore, the derived fair value estimates presented above for certain instruments cannot be substantiated by comparison to independent markets. In addition, the fair values do not reflect any premium or discount that could result from offering for sale at one time an entity’s entire holding of a particular financial instrument, nor do they reflect potential taxes and the expenses that would be incurred in an actual sale or settlement. Accordingly, the aggregate fair value amounts presented above do not represent the underlying value of the Company. The following methods and assumptions were used to estimate the fair value of each class of financial instruments not measured at fair value on the Consolidated Balance Sheets: Cash, cash equivalents and restricted cash Cash and cash equivalents include cash and due from depository institutions, interest-bearing deposits in other banks, federal funds sold, and securities purchased under agreements to resell. The related fair value measurements have been classified as Level 1, since their carrying value approximates fair value due to the short-term nature of the asset. Restricted cash is related to cash restricted for investment purposes, cash posted for collateral purposes, cash advanced for loan purchases, and lockbox collections. Cash and cash equivalents, including restricted cash, have maturities of three months or less and, accordingly, the carrying amount of these instruments is deemed to be a reasonable estimate of fair value. Securities Financing Activities No quoted prices exist for Securities Financing Activities, so fair value is determined using a discounted cash flow technique. Cash flows are estimated based on the terms of the contract. These cash flows are discounted using interest rates appropriate to the maturity of the instrument as well as the nature of the underlying collateral. Securities Financing Activities are classified as Level 2. At December 31, 2021 , the fair value of the underlying collateral was $5.6 billion, all of which was sold or re-pledged. Investments in debt securities HTM Investments in debt securities HTM are recorded at amortized cost and 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 s

NON-INTEREST INCOME AND OTHER E

NON-INTEREST INCOME AND OTHER EXPENSES	12 Months Ended
	Dec. 31, 2021
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: Year Ended December 31, (in thousands) 2021 2020 2019 Non-interest income: Consumer and commercial fees $ 437,041 $ 471,901 $ 548,846 Lease income 2,899,816 3,037,284 2,872,857 Capital market revenue 250,268 227,421 197,042 Miscellaneous income, net Mortgage banking income, net 50,656 49,082 44,315 BOLI 60,091 58,981 62,782 Net gain on sale of operating leases 443,809 243,189 135,948 Asset and wealth management fees 235,561 208,732 175,611 Gain / (loss) on sale of non-mortgage loans (19,228) (366,976) (397,965) Other miscellaneous income / (loss), net 79,692 (10,923) 83,865 Net gain on sale of investment securities 14,481 31,297 5,816 Total Non-interest income $ 4,452,187 $ 3,949,988 $ 3,729,117 Disaggregation of Revenue from Contracts with Customers The following table presents the Company's Non-interest income disaggregated by revenue source: Year Ended December 31, (in thousands) 2021 2020 2019 Non-interest income: In-scope of revenue from contracts with customers: Depository services (1) $ 178,196 $ 190,011 $ 241,167 Commission and trailer fees (2) 209,422 192,355 160,665 Interchange income, net (2) 73,195 64,394 67,524 Underwriting service fees (2) 157,506 137,007 97,211 Asset and wealth management fees (2) 143,151 127,612 145,515 Other revenue from contracts with customers (2) 41,444 60,351 39,885 Total in-scope of revenue from contracts with customers 802,914 771,730 751,967 Out-of-scope of revenue from contracts with customers: Consumer and commercial fees (3) 197,228 233,699 256,412 Lease income 2,899,816 3,037,284 2,872,857 Other miscellaneous income / (loss), net (3) 537,748 (124,022) (157,935) Net gain/(loss) on sale of investment securities 14,481 31,297 5,816 Total out-of-scope of revenue from contracts with customers 3,649,273 3,178,258 2,977,150 Total non-interest income $ 4,452,187 $ 3,949,988 $ 3,729,117 (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 16. NON-INTEREST INCOME AND OTHER EXPENSES (continued) Other Expenses The following table presents the Company's other expenses for the following periods: Year Ended December 31, (in thousands) 2021 2020 2019 Other expenses: Amortization of intangibles $ 44,749 $ 58,661 $ 58,993 Deposit insurance premiums and other expenses 34,506 50,238 64,734 Loss on debt extinguishment — 10,887 2,735 Other administrative expenses 433,738 390,573 518,138 Other miscellaneous expenses 35,265 50,193 42,830 Total Other expenses $ 548,258 $ 560,552 $ 687,430

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES 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. Income Taxes from Continuing Operations The provision for income taxes in the Consolidated Statements of Operations is comprised of the following components: Year Ended December 31, (in thousands) 2021 2020 2019 Current: Foreign $ (1) $ (1,096) $ 491 Federal 138,293 103,260 40,964 State 309,656 63,346 91,592 Total current 447,948 165,510 133,047 Deferred: Foreign (7) 4,797 38,471 Federal 704,337 (213,105) 263,970 State (68,695) (67,847) 36,711 Total deferred 635,635 (276,155) 339,152 Total income tax provision/(benefit) $ 1,083,583 $ (110,645) $ 472,199 NOTE 17. INCOME TAXES (continued) Reconciliation of Statutory and ETR The following is a reconciliation of the U.S. federal statutory rate of 21.0% for the years ended December 31, 2021, 2020, and 2019 to the Company's ETR for each of the years indicated: Year Ended December 31, 2021 2020 2019 Federal income tax at statutory rate 21.0 % 21.0 % 21.0 % Increase/(decrease) in taxes resulting from: Valuation allowance 0.1 % (1.8) % 2.4 % Tax-exempt income (0.1) % 1.3 % (0.9) % Section 162(m) limitation 0.1 % (0.4) % 0.2 % Non-deductible FDIC insurance premiums 0.1 % (1.2) % 0.8 % BOLI (0.2) % 1.6 % (0.9) % State income taxes, net of federal tax benefit 4.1 % (2.4) % 6.1 % General business tax credits (0.6) % 2.7 % (1.6) % Electric vehicle credits (1.4) % 0.2 % (0.4) % Basis difference in unconsolidated subsidiaries — % 34.7 % 3.4 % Uncertain tax position reserve — % 0.4 % (0.1) % Goodwill impairment — % (37.8) % — % Other (0.1) % (3.9) % 1.2 % ETR 23.0 % 14.4 % 31.2 % NOTE 17. INCOME TAXES (continued) Deferred Tax Assets and Liabilities The tax effects of temporary differences that give rise to the deferred tax assets and deferred tax liabilities are presented below: At December 31, (in thousands) 2021 2020 Deferred tax assets: ALLL $ 281,769 $ 349,186 IRC Section 475 mark-to-market adjustment 663,794 670,294 Unrealized loss on available-for-sale securities 22,579 — Unrealized loss on derivatives 16,556 — HTM 2,294 3,417 Net operating loss carryforwards 819,831 1,883,130 Lease liability 151,005 167,165 Employee benefits 106,339 87,471 General business credit & other tax credit carryforwards 395,690 486,937 Broker commissions paid on originated mortgage loans 5,117 7,444 Minimum tax credit carryforwards 1 1,337 Goodwill amortization — 38,390 Accrued expenses 18,188 69,401 Recourse reserves 7,897 6,322 Deferred interest expense 76,060 74,324 Depreciation and amortization 813,726 684,382 Deferred income 34,124 — Other 123,122 139,525 Total gross deferred tax assets 3,538,092 4,668,725 Valuation allowance (298,558) (371,559) Total deferred tax assets 3,239,534 4,297,166 Deferred tax liabilities: Purchase accounting adjustments 87,329 72,559 Deferred income — 10,357 Originated MSRs 22,727 23,290 Unrealized gain on AFS securities — 45,070 Unrealized gain on derivatives — 28,788 ROU asset 137,466 157,081 Leasing transactions (1) 3,503,688 3,933,789 Other 171,733 197,472 Total gross deferred tax liabilities 3,922,943 4,468,406 Net deferred tax (liability) $ (683,409) $ (171,240) (1) The leasing transactions deferred tax liability is primarily related to accelerated tax depreciation on leasing transactions. Due to jurisdictional netting, the net defer red tax liability of $683.4 million is classified on the balance sheet as a deferred tax liability of $771.3 million and a deferred tax asset included in Other assets of $87.9 million. NOTE 17. INCOME TAXES (continued) Periodic reviews of the carrying amount of deferred tax assets are made to determine if the establishment of a valuation allowance is necessary. If, based on the available evidence in future periods, it is more likely than not that all or a portion of the Company’s deferred tax assets will not be realized, a deferred tax valuation allowance would be established. Consideration is given to all positive and negative evidence related to the realization of the deferred tax assets. Items considered in this evaluation include historical financial performance, the expectation of future earnings, the ability to carry back losses to recoup taxes previously paid, the length of statutory carryforward periods, experience with operating loss and tax credit carryforwards not expiring unused, tax planning strategies and timing of reversals of temporary differences. The Company's evaluation is based on current tax laws, as well as its expectations of future performance. As of December 31, 2021, the Company maintained a valuation allowance of $298.6 million, compared to $371.6 million as of December 31, 2020, related to deferred tax assets subject to carryforward periods for which the Company has determined it is more likely than not that these deferred tax assets will remain unused after the carryforward periods have expired. The $73.0 million decrease year-over-year was primarily driven by a decrease in the valuation allowances due to the liquidation of a Puerto Rico subsidiary and the sale of substantially all of the assets of another Puerto Rico subsidiary. The decrease in the valuation allowance for both was offset by a decrease in the corresponding deferred tax asset, so there was no impact to the total tax provision. The deferred tax asset realization analysis is updated at each quarter-end using the most recent forecasts. An assessment is made quarterly as to whether the forecasts and assumptions used in the deferred tax asset realization analysis should be revised in light of any changes that have occurred or are expected to occur that would significantly impact the forecasts or modeling assumptions. At December 31, 2021, the Company has recorded the following: (in thousands) Gross Deferred Tax Balance Valuation Allowance Final Expiration Year (1) Net operating loss carryforwards $ 768,325 $ 212,597 N/A State net operating loss carryforwards 51,506 5,641 2039 General business credit carryforward 395,690 77,091 2041 Minimum tax credit carryforward 1 — N/A Deferred tax timing differences 2,322,569 3,229 N/A Total $ 3,538,091 $ 298,558 (1) These will expire in varying amounts through the final expiration year. As of December 31, 2021, the Company’s intention to permanently reinvest unremitted earnings of certain foreign subsidiaries (with the exception of one subsidiary) in accordance with ASC 740-30 (formerly Accounting Principles Board Opinion No. 23) remains unchanged. This will continue to be evaluated as the Company’s business needs and requirements evolve. While the TCJA included a transition tax, which amounts to a deemed repatriation of foreign earnings and a one-time inclusion of these earnings in U.S. taxable income, there could be additional costs of actual repatriation of the foreign earnings, such as state taxes and foreign withholding taxes, which are inherently difficult to quantify. Additionally, the sale of a foreign subsidiary could result in a gain that is subject to tax. The Company has not provided deferred income taxes of $29.3 million on approximately $112.1 million of SBNA's existing pre-1988 tax bad debt reserve at December 31, 2021, due to the indefinite nature of the recapture provisions. Certain rules under Section 593 of the IRC govern when the Company may be subject to tax on the recapture of the existing base year tax bad debt reserve, such as distributions by SBNA in excess of certain earnings and profits, the redemption of SBNA’s stock, or a liquidation. The Company does not expect any of those events to occur. NOTE 17. INCOME TAXES (continued) Changes in Liability Related to Uncertain Tax Positions At December 31, 2021, the Company had reserves related to tax benefits from uncertain tax positions of $21.6 million. A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows: (in thousands) Unrecognized Tax Benefits Accrued Interest and Penalties Total Gross unrecognized tax benefits at January 1, 2019 $ 45,303 $ 42,467 $ 87,770 Additions based on tax positions related to 2019 270 — 270 Additions for tax positions of prior years 12,716 1,779 14,495 Reductions for tax positions of prior years (4,652) (35,554) (40,206) Reductions to unrecognized tax benefits as a result of a lapse of the applicable statute of limitations (3,900) (2,134) (6,034) Settlements — — — Gross unrecognized tax benefits at December 31, 2019 49,737 6,558 56,295 Additions based on tax positions related to 2020 — — — Additions for tax positions of prior years — 1,118 1,118 Reductions for tax positions of prior years (3,096) (1,579) (4,675) Reductions to unrecognized tax benefits as a result of a lapse of the applicable statute of limitations (93) (52) (145) Settlements (785) (154) (939) Gross unrecognized tax benefits at December 31, 2020 45,763 5,891 51,654 Additions based on tax positions related to the current year — — — Additions for tax positions of prior years — 1,015 1,015 Reductions for tax positions of prior years (25,392) — (25,392) Reductions to unrecognized tax benefits as a result of a lapse of the applicable statute of limitations (212) (66) (278) Settlements — — — Gross unrecognized tax benefits at December 31, 2021 $ 20,159 $ 6,840 $ 26,999 Gross net unrecognized tax benefits that if recognized would impact the ETR at December 31, 2021 $ 20,159 $ 6,840 Less: Federal, state and local income tax benefits (5,447) Net unrecognized tax benefit reserves $ 21,552 Tax positions will initially be recognized in the financial statements when it is more likely than not that the position will be sustained upon examination by the tax authorities. Such tax positions are initially and subsequently measured as the largest amount of tax benefit that is greater than 50% likely of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and all relevant facts. 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 relevant governmental taxing authorities. In establishing an income tax provision, the Company must make judgments and interpretations about the application of these inherently complex tax laws. The Company recognizes penalties and interest accrued related to unrecognized tax benefits within Income tax provision on the Consolidated Statements of Operations. With few exceptions, the Company is no longer subject to federal and non-U.S. income tax examinations by tax authorities for years prior to 2011 and state income tax examinations 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.

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	12 Months Ended
	Dec. 31, 2021
Share-based Payment Arrangement [Abstract]
STOCK-BASED COMPENSATION	STOCK-BASED COMPENSATION SC Stock Compensation Plans As described in Note 1 of the Consolidated Financial Statements, on January 31, 2022, SHUSA acquired all shares of SC Common Stock it did not previously own and SC became a wholly-owned subsidiary of SHUSA. As a result, each outstanding RSU was cancelled and replaced with an award providing the employee the right to receive ADRs of Banco Santander S.A. In addition, each outstanding stock option was cancelled and settled with the right to receive a cash payment. Prior to the completion of this transaction, SC provided certain stock-based compensation as described below. SC granted stock options to certain executives, other employees, and independent directors under SC's 2011 MEP, which enabled SC to make stock awards up to a total of approximately 29.4 million common shares (net of shares canceled and forfeited). The MEP expired in January 2015 and SC did not grant any further awards under the MEP. SC has granted stock options, restricted stock awards and RSUs under its Omnibus Incentive Plan (the "Plan"), which was established in 2013 and enables SC to grant awards of non-qualified and incentive stock options, stock appreciation rights, restricted stock awards, RSUs, and other awards that may be settled in or based upon the value of SC Common Stock, up to a total of 5,192,641 shares of SC Common Stock. The Plan was amended and restated as of June 16, 2016. Stock options granted under the MEP and the Plan have an exercise price based on the estimated fair market value of SC Common Stock on the grant date. The stock options would expire ten years after grant date and include both time vesting options and performance vesting options. The fair value of the stock options was amortized into income over the vesting period as time and performance vesting conditions were met. In 2013, the SC Board approved certain changes to the MEP, including acceleration of vesting for certain employees, removal of transfer restrictions for shares underlying a portion of the options outstanding, and addition of transfer restrictions for shares underlying another portion of the outstanding options. All of the changes were contingent on, and effective upon, SC's execution of an IPO and, as such, became effective upon pricing of SC's IPO on January 22, 2014. Compensation expense related to 583,890 shares of restricted stock that SC issued to certain executives is recognized over a five-year vesting period, with zero recorded for the years ended December 31, 2021, 2020 and 2019, respectively. SC recognized $10.2 million, $7.1 million and $8.6 million related to stock options and RSUs within compensation expense for the years ended December 31, 2021, 2020 and 2019, respectively. In addition, SC recognizes forfeitures of awards as they occur. Also in connection with its IPO, SC granted additional stock options under the MEP to certain executives, other employees, and an independent director with an estimated compensation cost of $10.2 million, which was recognized over the awards' vesting period of five years for the employees and three years for the director. Additional stock option grants were made to employees under the Plan during the year ended December 31, 2016. The estimated compensation cost associated with these additional grants was $0.7 million and was recognized over the vesting periods of the awards. The grant date fair values of these stock option awards were determined using the Black-Scholes option valuation model. NOTE 18. STOCK-BASED COMPENSATION (continued) A summary of SC's stock options and related activity as of and for the year ended December 31, 2021, is as follows: Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (in whole dollars) (in 000's) Options outstanding at January 1, 2021 169,369 $ 13.01 1.9 $ 1,543 Granted — — Exercised (123,170) 9.76 3,128 Expired — — Forfeited — — Other — — Options outstanding at December 31, 2021 46,199 $ 21.69 3.1 $ 939 Options exercisable at December 31, 2021 46,199 $ 21.69 3.1 $ 939 Options expected to vest after December 31, 2021 — $ — $ — At December 31, 2021, there were no, status and changes of SC's nonvested stock options. At December 31, 2021, total unrecognized compensation expense for nonvested stock options was zero. There were no stock options granted to employees in 2021 or 2020. The Company has the same fair value basis with that of SC for any stock option awards after the IPO date. In connection with compensation restrictions imposed on certain executive officers and other employees by the European Central Bank under the CRD IV prudential rules, which require a portion of such officers' and employees' variable compensation to be paid in the form of equity and deferred, SC periodically granted RSUs. Under the Plan, a portion of these RSUs vested immediately upon grant, and a portion will vest annually over the following three A summary of the Company’s RSUs and performance stock units and related activity as of and for the year ended December 31, 2021 is as follows: Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (in whole dollars) (in 000's) Outstanding at January 1, 2021 367,012 $ 19.78 0.8 $ 8,082 Granted 438,435 27.71 Vested (411,419) 23.12 11,260 Forfeited/cancelled (7,549) 14.67 Unvested at December 31, 2021 386,479 $ 25.07 0.9 $ 16,240

OTHER EMPLOYEE BENEFIT PLANS

OTHER EMPLOYEE BENEFIT PLANS	12 Months Ended
	Dec. 31, 2021
Retirement Benefits [Abstract]
OTHER EMPLOYEE BENEFIT PLANS	OTHER EMPLOYEE BENEFIT PLANS Defined Contribution Plans All employees of SBNA are eligible to participate in the 401(k) Plan, sponsored by the Company, following their completion of one month of service. There is no age requirement to join the 401(k) Plan. Employees participating in the plan may contribute up to 75% of their eligible compensation, subject to federal limitations on absolute amounts contributed. Beginning January 2020, SBNA matches 100% of employee contributions up to 6% of their compensation. In 2019, SBNA matched 100% of employee contributions up to 5% of the employee's compensation. SBNA's match is immediately vested and is allocated to the employee’s various 401(k) Plan investment options in the same percentages as the employee’s own contributions. SBNA recognized expense for contributions to the 401(k) Plan of $41.2 million, $40.2 million and $33.7 million during 2021, 2020 and 2019, respectively, within the Compensation and benefits line on the Consolidated Statements of Operations. SC sponsors a defined contribution plan offered to qualifying employees. All full-time and part-time employees age 21 or older are eligible to participate as of date of hire. Employees participating in the plan may contribute up to 75% of their eligible compensation, subject to federal limitations on absolute amounts contributed. SC matches 100% of employee contributions up to 6% of their eligible compensation. The total amount contributed by SC under this plan in 2021, 2020 and 2019 was $18.2 million, $16.3 million and $14.0 million, respectively. Defined Benefit Plans and Other Post Retirement Benefit Plans The Company sponsors several defined benefit plans and other post-retirement benefit plans that cover certain employees. All of these plans are frozen and therefore closed to new entrants; all benefits are fully vested, and therefore the plans ceased accruing benefits. The Company complies with minimum funding requirements in all countries. The Company also sponsors several supplemental executive retirement plans and other unfunded post-retirement benefit plans that provide health care to certain retired employees. The Company recognizes the funded status of its defined benefit pension plans and other post-retirement benefit plans, measured as the difference between the fair value of the plan assets and the projected benefit obligation, within Other liabilities on the Consolidated Balance Sheets. The Company has accrued liabilities of $26.9 million and $28.4 million related to its total defined benefit pension plans and other post-retirement benefit plans at December 31, 2021 and 2020, respectively. The net unfunded status related to actuarially-valued defined benefit pension plans and other post-retirement plans was $13.5 million and $12.8 million at December 31, 2021 and 2020, respectively. BSI and SIS are participating employers in a defined benefit pension plan sponsored by Santander's New York branch, covering certain active and former BSI and SIS employees. Effective December 31, 2012, the defined benefit pension plan was frozen. The amounts representing BSI and SIS's share of the pension liability are recorded within Other liabilities on the Consolidated Balance Sheets. This plan currently has an unfunded liability of $31.6 million, of which $18.1 million is the share of the liability assigned to BSI and SIS combined.

COMMITMENTS, CONTINGENCIES, AND

COMMITMENTS, CONTINGENCIES, AND GUARANTEES	12 Months Ended
	Dec. 31, 2021
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 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 14 to these Consolidated Financial Statements for discussion of all derivative contract commitments. NOTE 20. COMMITMENTS, CONTINGENCIES, AND GUARANTEES (continued) The following table details the amount of commitments at the dates indicated: Other Commitments December 31, 2021 December 31, 2020 (in thousands) Commitments to extend credit $ 27,648,128 $ 30,883,502 Letters of credit 1,374,081 1,432,764 Commitments to sell loans 56,725 49,791 Recourse exposure on sold loans 19,095 26,362 Total commitments $ 29,098,029 $ 32,392,419 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 December 31, 2021 and 2020 were $3.8 billion and $5.4 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 December 31, 2021 was 12.7 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 December 31, 2021 was $1.4 billion. The fees related to letters of credit are deferred and amortized over the lives of the respective commitments, and were immaterial to the Company’s financial statements at December 31, 2021. 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 December 31, 2021 and 2020 , the liability related to unfunded lending commitments was $104.1 million and $146.5 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 20. 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. Securities Borrowed and Lending Subject to Repurchase or Resale Agreements In the second quarter of 2021, the Company began entering into Securities Financing Activities primarily to deploy the Company’s excess cash and investments. Refer to Note 13 to these Consolidated Financial Statements for further discussion of the Company's commitments in connection with those agreements. SC Commitments The following table summarizes liabilities recorded for commitments and contingencies as of December 31, 2021 and 2020, all of which are included in Accounts payable and accrued expenses in the accompanying Consolidated Balance Sheets: Agreement or Legal Matter Commitment or Contingency December 31, 2021 December 31, 2020 (in thousands) MPLFA Revenue-sharing and gain/(loss), net-sharing payments $ 41,995 $ 43,778 Agreement with Bank of America Servicer performance fee 462 1,200 Agreement with CBP Loss-sharing payments 273 181 Other contingencies Consumer arrangements 6,937 22,155 Following is a description of the agreements and legal matters pursuant to which the liabilities in the preceding table were recorded. MPLFA Under the terms of the MPLFA, SC must make revenue sharing payments to Stellantis and also must share with Stellantis when residual gains/(losses) on leased vehicles exceed a specified threshold. The MPLFA 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 Stellantis retail financing. In turn, Stellantis 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 20. 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 through April 2022. During the first quarter of 2021, SC completed the sale of the Bluestem personal lending portfolio to a third party. In addition, SC executed a forward flow sale agreement with a third party to purchase all personal lending receivables that SC purchases from Bluestem through the term of the agreement with Bluestem. As of December 31, 2020, the total unused credit available to customers was $2.7 billion. In 2021, SC purchased $0.3 billion of receivables out of the $2.7 billion of unused credit available to customers as of December 31, 2020. In 2020, SC purchased $1.2 billion of receivables out of the $3.0 billion of unused credit available to customers as of December 31, 2019. In addition, SC purchased $24.9 million and $294.3 million of receivables related to newly-opened customer accounts during the years ended December 31, 2021 and 2020, 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. 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 by SC, it 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 December 31, 2021, 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 RIC 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 December 31, 2021 and 2020 not subject to a market price check was $3.0 million and $15.3 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 20. 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 December 31, 2021 and 2020, the Company accrued aggregate legal and regulatory liabilities of approximately $44.0 million and $109.5 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 $12.8 million as of December 31, 2021. Set forth below are descriptions of the material lawsuits, regulatory matters and other legal proceedings to which the Company is subject. SBNA Matters Mortgage Escrow Interest Putative Class Action SBNA is a defendant in a putative class action 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 SBNA is obligated to pay interest on mortgage escrow accounts pursuant to state law. Plaintiffs filed an amended complaint and SBNA has filed a motion to dismiss. On July 12, 2021, plaintiffs filed a motion seeking preliminary approval of a settlement with SBNA pursuant to which SBNA will pay a total of $2 million to resolve the litigation. Overtime Putative Class Action SBNA is a defendant in a putative class action lawsuit in the United States District Court, District of New Jersey, captioned Crystal Sanchez, et. Al. v. Santander Bank, N.A., No. 17-cv-5775. The lawsuit alleges that SBNA failed to pay overtime to current and former branch operations managers. The Court denied SBNA’s motion to dismiss. Plaintiff's motion seeking to amend its complaint to add additional state law claims is fully briefed. On January 28, 2022, plaintiffs filed a motion seeking preliminary approval of a settlement with SBNA pursuant to which SBNA will pay a total of $4.25 million to resolve the litigation. NOTE 20. COMMITMENTS, CONTINGENCIES, AND GUARANTEES (continued) SC Matters Shareholder Derivative Lawsuits Seattle City Employees Retirement System v. Santander Holdings USA, Inc., et al: In November 2020, a shareholder derivative complaint was filed in the Court of Chancery of the State of Delaware, captioned Seattle City v. Santander Holdings USA, Inc., C.A. No. 2020-0977-AG B. The plaintiff seeks unspecified monetary damages and other injunctive relief in the complaint. The complaint alleges, among other things, that SHUSA and the current director breached their fiduciary duties by causing SC to engage in share repurchases for the purpose of increasing SHUSA’s ownership of SC above 80%, which the complaint alleges would allow SHUSA to obtain tax and other benefits not available to the rest of SC’s shareholders. The defendants filed an answer to the complaint. The complaint was dismissed with prejudice in February 2022. Caldwell v. Santander Consumer USA Holdings Inc. : In September 2020, a purported shareholder of SC Common Stock filed a complaint against SC and its Board of Directors in the United States District Court for the Southern District of New York, captioned Craig Caldwell v. Santander Consumer USA Holdings Inc., 1:21-cv-07842, alleging violations of the Exchange Act when the Board allegedly authorized the filing of a materially incomplete and misleading Solicitation/Recommendation Statement with the SEC in connection with SHUSA’s proposed purchase of the remaining shares of SC Common Stock not already owned by SHUSA. The plaintiff seeks to enjoin the defendants from proceeding with the proposed transaction. SC’s response to the complaint was due on February 15, 2022. Consumer Lending Cases The Company and its subsidiaries are 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. Kelly v. SC. A putative Pennsylvania-only class action pending in the United States District Court for the Eastern District of Pennsylvania, captioned Hugh and Christina Kelly v. Santander Consumer USA Holdings Inc., 2:20-cv-03698, alleges that SC violated the Uniform Commercial Code and Pennsylvania Motor Vehicle Sales Finance Act, and that repossessions were not commercially reasonable or done in good faith when the post-repossession notice included a storage fee of $25 that was less than the stated amount. Plaintiffs also allege that SC failed to inform the consumers of a required fee to retrieve their personal affects. Plaintiffs allege that any fee charged by a recovery agent or auction house was impermissible due to SC’s failure to disclose them. SC filed an answer to the complaint. 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. Currently, such matters include, but are not limited to, the following: Massachusetts Attorney General Investigation – Repossession Notices. The Massachusetts Attorney General issued a CID to SC seeking all notices provided to Massachusetts residents from March 30, 2017 to the present regarding repossession or auction of a repossessed vehicle. SC is cooperating with this investigation. IHC Matters Periodically, SSLLC is party to pending and threatened legal actions and proceedings, including FINRA arbitration actions and class action claims. NOTE 20. COMMITMENTS, CONTINGENCIES, AND GUARANTEES (continued) Puerto Rico Putative Class Action: SSLLC , SBC, 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. Plaintiffs appealed and the United States Court of Appeals for the First Circuit heard oral argument on plaintiffs’ appeal in October 2021. 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 . On September 16, 2020, the defendants moved to dismiss the complaint. On June 2, 2021, the court denied the defendants’ motion to dismiss. Defendants appealed the decision and, on December 17, 2021, the Puerto Rico Court of Appeals reversed the trial court decision and dismissed the complaint. On October 28, 2020, bond insurer Ambac Assurance Corporation filed an amended complaint in Puerto Rico state court adding SSLLC and four other Puerto Rico municipal bond underwriters to a pending suit against seven underwriters, alleging that the underwriters made misrepresentations in connection with the issuance of the debt and that Ambac relied on such misrepresentations in agreeing to insure certain of the bonds. The amended complaint alleges damages of not less than $508 million. On July 30, 2021, the court granted the defendants’ motion to dismiss the complaint. Plaintiffs have appealed. On November 27, 2020, bond insurer Financial Guaranty Insurance Company filed suit in Puerto Rico state court against twelve Puerto Rico municipal bond underwriters, including SSLLC, alleging that the underwriters made misrepresentations in connection with the issuance of the debt and that Financial Guaranty Insurance Company relied on such misrepresentations in agreeing to insure certain of the bonds. The complaint alleges damages of not less than $447 million. On February 1, 2021, the defendants moved to dismiss the complaint. On July 9, 2021, the court granted the defendants’ motion to dismiss. Plaintiff has appealed. Real Legacy Assurance ERISA Litigation: On April 13, 2020, participants of the Real Legacy Assurance Plan, a pension plan, filed an amended complaint adding SSLLC as a defendant to an ERISA putative class action pending against the owner of Real Legacy, Real Legacy Board members, the Plan’s Trustee, actuaries and other defendants. The case is pending in the United States District Court for the District of Puerto Rico and captioned Vega-Ortiz et al v. Cooperativa de Seguros Multiples de Puerto Rico, et al, Civ. No. 3:19-cv-02056. The amended complaint alleges that SSLLC served as an investment manager to the Real Legacy Assurance Plan and breached its fiduciary duties by failing to ensure the Plan was adequately funded. On November 24, 2021, the court denied each of the defendants’ motions to dismiss. SSLLC filed its Answer and discovery is ongoing. 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	12 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS The parties related to the Company are deemed to include, in addition to its subsidiaries, jointly controlled entities, the Company’s key management personnel (the members of its Board of Directors and certain officers at the level of senior executive vice president or above, together with their close family members) and the entities over which the key management personnel may exercise significant influence or control. NOTE 21. RELATED PARTY TRANSACTIONS (continued) Stockholder's Equity The Company received cash contribution of $88.9 million in 2019 from Santander. The Company did not receive any capital contributions from Santander in 2021 or 2020. Letters of credit In the normal course of business, SBNA provides letters of credit and standby letters of credit to affiliates. During the years ended December 31, 2021 and 2020, the average unfunded balance outstanding under these commitments was $146.9 million and $109.7 million, respectively. BSI also provides standby letters of credit to affiliates. As of December 31, 2021 and 2020, the outstanding balance under these commitments was $224.6 million and $240.1 million, respectively. Debt and Other Securities The Company and its subsidiaries have various debt agreements with affiliates, including Santander. For a listing of these debt agreements, see Note 10 to these Consolidated Financial Statements. Derivatives As of December 31, 2021 and 2020, the Company has entered into derivative agreements with Santander, which consist primarily of swap agreements to hedge interest rate risk and foreign currency exposure with notional values of $34.5 billion and $29.8 billion, respectively. Loans to Officers and Directors In the ordinary course of business, we may provide loans to our executive officers and directors, also known as Regulations O insiders. Pursuant to our policy, such loans are generally issued on the same terms as those prevailing at the time for comparable loans to unrelated persons and do not involve more than the normal risk of collectability. As permitted by Regulation O, certain mortgage loans to directors and executive officers of the Company, including the Company's executive officers, are priced at up to a 0.25% discount to market, but contain no other terms than terms available in comparable transactions with non-employees. The 0.25% discount is discontinued when an employee terminates his or her employment with the Company. The outstanding balance of these loans As of December 31, 2021 and 2020 was $3.3 million and $2.6 million, respectively. Deposit and checking accounts SBNA has certain deposit and checking accounts of its affiliates. Banco Santander (Brasil) S.A. had deposits with SBNA of $1.5 billion and $2.0 billion as of December 31, 2021 and 2020, respectively. Banco Santander-Chile had deposits with SBNA of $1.0 billion and $845.0 million as of December 31, 2021 and 2020, respectively. Banco Santander-Rio had deposits of $110.0 million and zero as of December 31, 2021 and 2020, respectively with the Bank. These transactions do not eliminate in the consolidation of SHUSA. SHUSA had a balance of $3.7 billion and $4.2 billion as of December 31, 2021 and 2020, respectively in these accounts with the Bank. SC has certain deposit and checking accounts with SBNA. As of December 31, 2021 and 2020, SC had a balance of $1.7 billion and $32.5 million, respectively, in these accounts. SC also held collateral with SBNA in the amount of $7.7 million and $27.0 thousand as of December 31, 2021 and 2020. These transactions eliminate in the consolidation of SHUSA. SHUSA and SBNA Service Agreements The Company and its affiliates entered into or were subject to various service agreements with Santander and its affiliates. Each of the agreements was made in the ordinary course of business and on market terms. The following agreements do not eliminate in consolidation: NOTE 21. RELATED PARTY TRANSACTIONS (continued) • NW Services Co., a Santander affiliate doing business as Aquanima, is under contract with the Company to provide procurement services, with fees paid in the amount of $10.2 million in 2021, $12.0 million in 2020 and $10.2 million in 2019. There were no payables in connection with this agreement for the years ended December 31, 2021 or 2020. The fees related to this agreement are recorded in Technology, outside service, and marketing expense in the Consolidated Statements of Operations. • Santander Global Operations, S.A., a Santander affiliate, is under contract with the Company to provide administrative services, consulting and professional services, application support and back-office services, including debit card disputes and claims support, and consumer and mortgage loan set-up and review, with total fees paid in the amount of $1.6 million in 2021, $3.6 million in 2020 and $4.1 million in 2019. The Company had no payables in connection with this agreement in 2021 or 2020. The fees related to this agreement are recorded in Technology, outside service, and marketing expense in the Consolidated Statements of Operations. • Santander Global Technology S.L. is under contract with the Company to provide professional services, IT development, support and administration, with fees for these services paid in the amount of $138.2 million in 2021, $127.2 million in 2020 and $136.9 million in 2019. In addition, as of December 31, 2021 and 2020, the Company had payables for these services in the amounts of $0.1 million and $8.7 million, respectively. The fees related to this agreement are capitalized in Premises and equipment, net on the Consolidated Balance Sheets. • Santander Back-Offices Globales Mayoristas S.A., a Santander affiliate, is under contract with the Company to provide administrative services and back-office support for SBNA’s derivative, foreign exchange and hedging transactions and programs. Fees were paid to Santander Back-Offices Globales Mayoristas S.A. with respect to this agreement in the amounts of $6.4 million in 2021, and $6.5 million in 2020 and $1.4 million in 2019. There were no payables in connection with this agreement in 2021 or 2020. The fees related to this agreement are recorded in Technology, outside service, and marketing expense in the Consolidated Statements of Operations. • In 2020, the Company and San Mexico, a Santander affiliate, entered into an agreement for technology services. The Company provides technology support to San Mexico, which will include staff management services and consulting management services. The Company recognized $1.7 million and $1.8 million in fees for the years ended December 31, 2021 and 2020, respectively, which is included within Miscellaneous income, net in the Consolidated Statements of Operations. At December 31, 2021 and 2020, the Company had receivables related to this agreement of $1.1 million and zero, respectively. • During the years ended December 31, 2021, 2020 and 2019, the Company paid $14.0 million, $17.4 million, $15.4 million to Santander for the development and implementation of global projects as part of internal expense allocation. • SBNA and SIS entered into an agreement with Santander's New York branch under which the three entities have been operating under a 'one CIB' model in the US where certain risk management, project management and reporting functions are performed in centralized teams for the benefit of CIB. Further, CIB leverages cross-function reporting, resulting in certain employees providing services outside their legal entity of employment. The transactions between SBNA and SIS eliminate in consolidation. The transactions involving Santander's New York branch do not eliminate and for the years ended, December 31, 2021 and 2020, SBNA received net fee income of $11.6 million and $29.0 million, which the Company recognized within Miscellaneous income, net in the Consolidated Statements of Operations. At December 31, 2021 and 2020, SIS had a net receivable from Santander's New York Branch of $6.8 million and $1.5 million in connection with this agreement. NOTE 21. RELATED PARTY TRANSACTIONS (continued) Transactions with SC SC has entered into or was subject to various agreements with Santander, its affiliates or the Company. Each of the agreements was done in the ordinary course of business and on market terms. Those agreements include the following: SC Credit Facilities SC has a committed revolving credit agreement with Santander that can be drawn on an unsecured basis. During the years ended December 31, 2021, December 31, 2020 and December 31, 2019, SC incurred interest expense, including unused fees of $49.9 million, $20.7 million and zero, respectively. Accrued interest on lines of credit was $2.1 million and $1.6 million at December 31, 2021 and 2020, respectively. SC has a committed revolving credit agreement with SHUSA that can be drawn on an unsecured basis and eliminates in consolidation. During the years ended December 31, 2021, December 31, 2020 and December 31, 2019, SC incurred interest expense, including unused fees of $278.0 million, $290.0 million and $209.4 million, respectively. Accrued interest on lines of credit was $34.1 million and $40.2 million at December 31, 2021 and 2020, respectively. SC Securitizations SC entered into an MSPA with Santander, under which it had the option to sell a contractually determined amount of eligible prime loans to Santander under the SPAIN securitization platform, for a term that ended in December 2018. SC provides servicing on all loans originated under this arrangement. Servicing fee income recognized related to this agreement totaled $8.9 million, $16.5 million and $29.8 million for the years ended December 31, 2021, 2020 and 2019, respectively. Other information relating to the SPAIN securitization platform for the years ended December 31, 2021 and 2020 is as follows: (in thousands) December 31, 2021 December 31, 2020 Servicing fees receivable 498 1,070 Collections due to Santander 3,635 6,203 Santander Investment Securities Inc. (SIS), an affiliated entity, serves as joint book runner and co-manager on certain of the Company’s securitizations. Amounts paid to SIS totaled $5.4 million, $2.7 million and $3.7 million for the years ended December 31, 2021, 2020 and 2019, respectively, eliminate in consolidation. NOTE 21. RELATED PARTY TRANSACTIONS (continued) Other SC related-party transactions • As of December 31, 2021, Jason A. Kulas and Thomas Dundon, both former members of SC's Board of Directors and CEOs of SC, each had a minority equity investment in a property in which SC leases approximately 373,000 square feet as its corporate headquarters. During the years ended December 31, 2021, 2020 and 2019, SC recorded $3.9 million, $5.1 million and $5.3 million, respectively, in lease expenses on this property. SC subleases approximately 13,000 square feet of its corporate office space to SBNA. Sub-lease income for the years ended December 31, 2021, 2020 and 2019 was immaterial. Future minimum lease payments over the remainder of the six-year term of the lease, which extends through 2026, total $33.5 million. • In July 2021, SC entered into a Platform Development and License Agreement ("PDLA") with AutoFi Inc. for the design and operation of a digital software platform for the sale and financing of automobiles. Mouro Capital, which is a wholly-owned subsidiary of Santander, owns 10.3% of the total equity of AutoFi Inc. The PDLA, requires the Company to pay $6.0 million for the design and development of the digital software platform in the first year of the PDLA. After the first year of the PDLA, the Company has agreed to pay AutoFi, Inc. between $2.4 million and $3.0 million per year plus certain transaction-related fees for software development, dealer onboarding and support, and hosting services. SC Service Agreements SC entered into or was subject to various service agreements with the Company and its affiliates. Each of the agreements was made in the ordinary course of business and on market terms. The following agreements eliminate in consolidation: • RIC and RV Marine Contracts - The Company has agreements with SC under which SC will service auto RICs and recreational and marine vehicle portfolios. Servicing fee expenses recognized under these agreements totaled $1.3 million and $1.9 million and $1.8 million for the years ended December 31, 2021, 2020 and 2019, respectively. As of December 31, 2021, the Company had $121.3 million of RIC and RV portfolios serviced by SC compared to $190.5 million as of December 31, 2020. Cash collections due from SC were $23.3 million and $19.7 million as of December 31, 2021 and 2020, respectively. Servicing fees payable as of December 31, 2021 and 2020 were $3.2 million and $1.8 million, respectively. • Dealer Lending- Under SC's agreement with the Company, SC is required to permit the Company a first right to review and assess Chrysler Capital dealer lending opportunities, and the Company is required to pay SC origination and annual renewal fees for each loan originated under the agreement. The agreement also transferred the servicing of all Chrysler Capital receivables from dealers, including receivables to the Company held by SC. Origination and renewal fee expense recognized on these loans totaled zero and $3.1 million, and $5.7 million for the years ended December 31, 2021, 2020 and 2019, respectively. Under this agreement, SC could originate retail consumer loans in connection with sales of vehicles that were collateral held against floorplan loans by the Company. Upon origination, SC would remit payment to the Company to settle the transaction with the dealer. The Company had receivables of $4.0 million and $7.5 million from SC related to such originations as of December 31, 2021 and 2020, respectively. • Loan Origination Support Services - The Bank has an agreement with SC under which SC provides the Bank with origination support services in connection with the processing, underwriting and origination of retail loans, primarily from Stellantis dealers. In addition, SC has agreed to perform the servicing for any loans originated on the Bank's behalf. For the years ended December 31, 2021 and 2020, SC facilitated the purchase of $7.6 billion and $5.4 billion of RICs, respectively. Under this agreement, SC recognized referral and servicing fees of $52.4 million and $38.7 million for the years ended December 31, 2021 and 2020, respectively, of which $4.1 million was receivable and $2.7 million was payable to SC as of December 31, 2021 and 2020, respectively. • Leased Vehicle Origination Support Services - Beginning in the third quarter of 2021, SC also agreed to provide SBNA with support services in connection with the origination and servicing of vehicle leases, primarily from Stellantis dealers, that are funded and owned by SBNA. SC has also agreed to provide servicing for any leases originated by SBNA. At December 31, 2021, SC serviced $740.5 million of vehicle leases for SBNA. SBNA paid referral and servicing fees of $0.6 million the year ended December 31, 2021, of which $1.9 million was payable to SC as of December 31, 2021. In addition, at December 31, 2021, SC owed $2.2 million of revenue sharing reimbursement to SBNA. Employees Services Agreements The Company has agreements with and between its consolidated entities under which certain employees provide services, including human resources, IT, legal, compliance, accounting and other services across entities. Intercompany revenues / expenses for these services eliminate in consolidation. NOTE 21. RELATED PARTY TRANSACTIONS (continued) In addition to those noted above, other subsidiaries of the Company have entered into or were subject to various agreements with Santander or its affiliates. Each of the agreements was made in the ordinary course of business and on market terms. Those agreements include the following: • BSI enters into transactions with affiliated entities in the ordinary course of business. During the year ended December 31, 2021, 2020, and 2019, BSI sold loan participation to Santander of $618.2 million, $618.2 million, and $714.2 million, respectively. As of December 31, 2021 and 2020, BSI had deposits with unconsolidated affiliates of $250.0 million and $750.0 million, respectively. BSI had short-term borrowings with unconsolidated affiliates of zero at December 31, 2021, compared to $200.0 million as of December 31, 2020. BSI had deposits from unconsolidated affiliates of $90.2 million and $72.9 million as of December 31, 2021 and 2020, respectively. BSI also leases space from affiliated entities that eliminates in consolidation. • SIS enters into transactions with affiliated entities in the ordinary course of business. SIS executes, clears certain of its securities transactions through various affiliates in Latin America and Europe, participates in underwriting activities for affiliates, earns revenue from investment and other services performed for affiliates, and also pays for management, administrative support, system, and risk management services provided by affiliates. These transactions eliminate in consolidation. • Santander Securities LLC (SSLLC), a Santander affiliate, maintains a contract with SBNA to provide integrated services and conduct broker-dealer activities and insurance services. Santander Securities LLC collects amounts due from customers on behalf of the Company and remits the amounts net of fees. Fees recognized related to this agreement were $6.6 million and $5.7 million for the years ended December 31, 2021 and 2020, respectively, which eliminate in consolidation. As of December 31, 2021 and 2020 the Company had receivables with Santander Securities LLC in the amount of $3.2 million and $6.5 million, respectively.

REGULATORY MATTERS

REGULATORY MATTERS	12 Months Ended
	Dec. 31, 2021
Banking Regulation, Total Capital [Abstract]
REGULATORY MATTERS	REGULATORY MATTERS The Company is subject to the regulations of certain federal, state, and foreign agencies, and undergoes periodic examinations by such regulatory authorities. The minimum U.S. regulatory capital ratios for banks under Basel III are 4.5% for the CET1 capital ratio, 6.0% for the Tier 1 capital ratio, 8.0% for the total capital ratio, and 4.0% for the leverage ratio. To qualify as “well-capitalized,” regulators require banks to maintain capital ratios of at least 6.5% for the CET1 capital ratio, 8.0% for the Tier 1 capital ratio, 10.0% for the total capital ratio, and 5.0% for the leverage ratio. At December 31, 2021 and 2020, SBNA met the well-capitalized capital ratio requirements. As a BHC, SHUSA is required to maintain a CET1 capital ratio of at least 4.5%, Tier 1 capital ratio of at least 6.0%, total capital ratio of at least 8.0%, and leverage ratio of at least 4.0%. The Company’s capital levels exceeded the ratios required for BHCs. The Company's ability to make capital distributions will depend on the Federal Reserve's accepting the Company's capital plan, the results of the stress tests described in this Form 10-K, and the Company's capital status, as well as other supervisory factors. The DFA mandates an enhanced supervisory framework, which, among other things, means that the Company is subject to both internal and Federal Reserve run stress tests. The Federal Reserve also has discretionary authority to establish additional prudential standards, on its own or at the Financial Stability Oversight Council's recommendation, regarding contingent capital, enhanced public disclosures, short-term debt limits, and otherwise as it deems appropriate. For a discussion of Basel III and the standardized approach and related future changes to the minimum U.S. regulatory capital ratios, see the section of the MD&A captioned "Regulatory Matters." NOTE 22. REGULATORY MATTERS (continued) The FDIA established five capital tiers: well-capitalized, adequately-capitalized, undercapitalized, significantly undercapitalized and critically undercapitalized. A depository institution’s capital tier depends on its capital levels in relation to various capital measures, which include leverage and risk-based capital measures and certain other factors. Depository institutions that are not classified as well-capitalized or adequately-capitalized are subject to various restrictions regarding capital distributions, payment of management fees, acceptance of brokered deposits and other operating activities. Federal banking laws, regulations and policies also limit SBNA’s ability to pay dividends and make other distributions to the Company. SBNA must obtain prior OCC approval to declare a dividend or make any other capital distribution if, after such dividend or distribution: (1) the bank’s total distributions to SHUSA within that calendar year would exceed 100% of its net income during the year plus retained net income for the prior two years; (2) the bank would not meet capital levels imposed by the OCC in connection with any order, or (3) the bank is not adequately capitalized at the time. The OCC's prior approval would be required if SBNA is notified by the OCC that it is a problem institution or in troubled condition. Any dividend declared and paid or return of capital has the effect of reducing capital ratios. During 2021, 2020, and 2019, the Company paid cash dividends of zero, $125.0 million and $400.0 million, respectively. The Company did not have any preferred stock outstanding in 2021, 2020 or 2019. The following schedule summarizes the actual capital balances of SBNA and SHUSA at December 31, 2021 and 2020: REGULATORY CAPITAL (Dollars in thousands) CET 1 Capital Ratio Tier 1 Capital Total Capital Leverage SBNA at December 31, 2021 (1) : Regulatory capital $ 10,694,372 $ 10,694,372 $ 11,413,014 $ 10,694,372 Capital ratio 16.36 % 16.36 % 17.45 % 11.18 % SHUSA at December 31, 2021 (1) : Regulatory capital $ 21,068,063 $ 23,174,869 $ 25,332,953 $ 23,174,869 Capital ratio 18.84 % 20.73 % 22.66 % 15.01 % CET 1 Capital Ratio Tier 1 Capital Total Capital Leverage SBNA at December 31, 2020 (1) : Regulatory capital $ 10,266,788 $ 10,266,788 $ 11,084,978 $ 10,266,788 Capital ratio 15.67 % 15.67 % 16.92 % 12.13 % SHUSA at December 31, 2020 (1) : Regulatory capital $ 18,368,202 $ 20,048,095 $ 21,658,574 $ 20,048,095 Capital ratio 15.94 % 17.40 % 18.80 % 13.77 % (1) Capital ratios calculated under CECL transition provisions permitted by the CARES Act.

BUSINESS SEGMENT INFORMATION

BUSINESS SEGMENT INFORMATION	12 Months Ended
	Dec. 31, 2021
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. • The CBB segment includes the products and services provided to Bank consumer and small business banking customers, including consumer deposit, small business banking, 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, and business loans such as business lines of credit and commercial cards. SBNA also finances indirect consumer automobile RICs and leases through intercompany agreements with SC. In addition, SBNA 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, cash management and deposit services to lower middle market commercial customers and 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. This category also includes SBNA’s community development finance activities, including originating CRA-eligible loans and making CRA-eligible investments. • 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 MPLFA, SC offers a full spectrum of auto financing products and services to Stellantis customers and dealers under the CCAP 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. All intercompany revenue and fees between SBNA and SC are eliminated in the consolidated results of the Company. SBNA also offers customer-related derivatives to hedge interest rate risk, and for C&I and CIB offers derivatives relating to foreign exchange and lending arrangements. See Note 11 to the Consolidated Financial Statements for additional details. The Other category includes certain immaterial subsidiaries such as BSI, SSLLC, and several other subsidiaries, the unallocated interest expense on the Company's borrowings and other debt obligations and certain unallocated corporate income and indirect expenses. NOTE 23. BUSINESS SEGMENT INFORMATION (continued) The Company’s segment results, excluding SC and the entities that have been transferred to the Company as 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 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 affec t 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. During the fourth quarter of 2020, the Company implemented organizational changes to meet the evolving needs of its business customers including the re-alignment of Upper Business Banking with the C&I segment from the CBB segment. In addition, the Company moved the assets associated with its Community Development Finance business from its “Other” category to the CRE&VF segment to align its LIHTC assets with similar CRE assets and liabilities. All prior period results have been revised for these segment changes. 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 Year-to-Date Ended SHUSA Reportable Segments December 31, 2021 CBB C&I CRE & VF CIB (4) Other (1) SC (2) SC Purchase Price Adjustments (3) Eliminations (3) Total (in thousands) Net interest income $ 1,442,787 $ 289,083 $ 377,256 $ 107,565 $ (197,348) $ 4,148,149 $ (411) $ 22,440 $ 6,189,521 Non-interest income 318,130 70,685 43,370 245,080 427,074 3,403,935 — (56,087) 4,452,187 Credit loss expense / (benefit) (20,871) (78,402) (10,116) (27,641) (4,789) (65,530) — — (207,349) Total expenses 1,564,273 256,415 145,629 277,669 520,194 3,386,551 24,810 (31,374) 6,144,167 Income/(loss) before income taxes 217,515 181,755 285,113 102,617 (285,679) 4,231,063 (25,221) (2,273) 4,704,890 Intersegment revenue/(expense) (785) 13,874 3,451 (16,540) — — — — — Total assets 24,303,985 6,920,144 19,725,785 16,016,527 45,121,362 47,733,428 — — 159,821,231 (1) 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 SBNA’s and the Company's borrowings and other debt obligations, amortization of intangible assets and certain unallocated corporate income and indirect expenses. (2) Management of SHUSA manages SC by analyzing the historical results of SC, which are presented in this column. (3) 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. (4) Includes results and assets of SIS. NOTE 23. BUSINESS SEGMENT INFORMATION (continued) For the Year-to-Date Ended SHUSA Reportable Segments December 31, 2020 CBB C&I CRE & VF CIB (4) Other (1) SC (2) SC Purchase Price Adjustments (3) Eliminations (3) Total (in thousands) Net interest income $ 1,372,694 $ 326,387 $ 386,209 $ 130,139 $ (22,318) $ 4,151,344 $ (711) $ 15,737 $ 6,359,481 Non-interest income 292,598 65,938 13,668 263,874 323,448 3,024,918 10,864 (45,320) 3,949,988 Credit loss expense / (benefit) 370,228 135,422 106,201 28,099 (137,065) 2,364,460 838 — 2,868,183 Total expenses 3,064,404 551,102 140,836 260,908 575,031 3,601,970 39,201 (25,218) 8,208,234 Income/(loss) before income taxes (1,769,340) (294,199) 152,840 105,006 (136,836) 1,209,832 (29,886) (4,365) (766,948) Intersegment revenue/(expense) (856) 12,617 4,879 (16,640) — — — — — Total assets 22,241,080 7,789,730 20,717,404 10,965,616 38,831,353 48,887,493 — — 149,432,676 (1)- (4) Refer to corresponding notes above. For the Year Ended SHUSA Reportable Segments December 31, 2019 Consumer & Business Banking C&I CRE & VF CIB Other (2) SC (3) SC Purchase Price Adjustments (4) Eliminations (4) Total (in thousands) Net interest income $ 1,287,171 $ 328,939 $ 400,339 $ 151,573 $ 210,171 $ 3,971,826 $ 38,408 $ 54,341 $ 6,442,768 Total non-interest income 345,842 84,973 20,453 208,867 406,735 2,760,370 6,184 (104,307) 3,729,117 Provision for credit losses 150,329 38,102 13,507 6,045 (7,381) 2,093,749 (2,334) — 2,292,017 Total expenses 1,565,458 326,043 154,150 273,004 751,748 3,284,179 40,107 (28,837) 6,365,852 Income/(loss) before income taxes (82,774) 49,767 253,135 81,391 (127,461) 1,354,268 6,819 (21,129) 1,514,016 Intersegment revenue/(expense) (1) (933) 9,403 5,950 (14,420) — — — — — Total assets 23,915,156 8,771,290 21,284,739 10,074,677 36,531,083 48,922,532 — — 149,499,477 (1)- (4) Refer to corresponding notes above.

PARENT COMPANY FINANCIAL INFORM

PARENT COMPANY FINANCIAL INFORMATION	12 Months Ended
	Dec. 31, 2021
Condensed Financial Information Disclosure [Abstract]
PARENT COMPANY FINANCIAL INFORMATION	PARENT COMPANY FINANCIAL INFORMATION Condensed financial information of the parent company is as follows: BALANCE SHEETS AT DECEMBER 31, 2021 2020 (in thousands) Assets Cash and cash equivalents $ 3,550,193 $ 4,081,575 Loans to bank subsidiaries 1,000,000 — Loans to non-bank subsidiaries 5,350,000 6,800,000 Investment in subsidiaries: Bank subsidiaries 9,405,335 9,244,620 Non-bank subsidiaries 12,506,523 10,381,360 Premises and equipment, net 43,785 38,626 Equity method investments 6,049 6,019 Restricted cash 56,538 56,403 Deferred tax assets, net 208,695 207,520 Other assets (1) 327,594 209,644 Total assets $ 32,454,712 $ 31,025,767 Liabilities and stockholder's equity Borrowings and other debt obligations $ 9,622,233 $ 10,656,350 Borrowings from subsidiary banks — 121,547 Borrowings from non-bank subsidiaries 152,026 150,981 Deferred tax liabilities, net 119,939 130,574 Other liabilities 188,421 222,594 Total liabilities 10,082,619 11,282,046 Stockholder's equity 22,372,093 19,743,721 Total liabilities and stockholder's equity $ 32,454,712 $ 31,025,767 (1) Includes $0.2 million and $1.0 million of other investments at December 31, 2021 and December 31, 2020, respectively. NOTE 24. PARENT COMPANY FINANCIAL INFORMATION (continued) STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME/(LOSS) YEAR ENDED DECEMBER 31, 2021 2020 2019 (in thousands) Interest income $ 289,846 $ 297,621 $ 176,013 Income from equity method investments 59 426 2,288 Other income (1) 75,387 151,514 58,373 Total income 365,292 449,561 236,674 Interest expense 369,861 382,936 345,888 Other expense 279,697 261,821 234,849 Total expense 649,558 644,757 580,737 Loss before income taxes and equity in earnings of subsidiaries (284,266) (195,196) (344,063) Income tax benefit (38,800) (275,290) (38,732) (Loss)/Income before equity in earnings of subsidiaries (245,466) 80,094 (305,331) Equity in undistributed earnings of: Bank subsidiaries 503,075 (1,282,781) 387,938 Non-bank subsidiaries 2,724,753 362,323 670,562 Net income/(loss) 2,982,362 (840,364) 753,169 Other comprehensive income, net of tax: Net unrealized (losses)/gains on cash flow hedge derivative financial instruments (158,184) 98,281 (301) Net unrealized (losses)/gains recognized on investment securities (197,168) 140,143 222,887 Pension and post-retirement actuarial gains, net of tax 947 16,078 10,859 Total other comprehensive (loss)/gain (354,405) 254,502 233,445 Comprehensive income/(loss) $ 2,627,957 $ (585,862) $ 986,614 (1) Includes $62.4 million gain on sale of SBC at December 31, 2020. NOTE 24. PARENT COMPANY FINANCIAL INFORMATION (continued) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31 2021 2020 2019 (in thousands) CASH FLOWS FROM OPERATING ACTIVITIES: Net income/(loss) $ 2,982,362 $ (840,364) $ 753,169 Adjustments to reconcile net income to net cash provided by operating activities: Deferred tax (benefit)/expense (82,394) (261,113) 235,688 Undistributed earnings of: Bank subsidiaries (503,075) 1,282,781 (387,938) Non-bank subsidiaries (2,724,753) (362,323) (670,562) Net gain on sale of investment in subsidiary and other assets (611) (65,229) — Equity earnings from equity method investments (59) (426) (2,288) Dividends from investment in subsidiaries 336,153 213,092 482,548 Depreciation, amortization and accretion 32,976 37,350 34,403 Loss on debt extinguishment — 10,260 1,627 Net change in other assets and other liabilities (80,927) 148,679 (56,938) Net cash (used in)/provided by operating activities (40,328) 162,707 389,709 CASH FLOWS FROM INVESTING ACTIVITIES: Proceeds from prepayments and maturities of AFS investment securities — — 250,000 Purchases of other investments — — (1,042) Net capital returned from/(contributed to) subsidiaries 250,968 (25,707) (215,657) Originations of loans to subsidiaries (13,981,000) (10,245,000) (7,995,000) Repayments of loans by subsidiaries 14,431,000 9,095,000 5,845,000 Proceeds from business divestitures — 1,277,626 — Purchases of premises and equipment (27,855) (2,538) (9,800) Net cash provided by/(used in) investing activities 673,113 99,381 (2,126,499) CASH FLOWS FROM FINANCIAL ACTIVITIES: Repayment of Parent Company debt obligations (1,421,077) (1,371,274) (2,225,806) Net proceeds received from Parent Company debt obligations 501,000 1,941,003 3,811,670 Net change in commercial paper (125,000) 125,000 — Net change in borrowings from subsidiary banks (120,000) 120,000 — Net change in borrowings from non-bank subsidiaries 1,045 2,233 3,583 Dividends paid on common stock — (125,000) (400,000) Capital contribution from shareholder — — 88,927 Net cash (used in)/provided by financing activities (1,164,032) 691,962 1,278,374 Net (decrease)/increase in cash, cash equivalents, and restricted cash (531,247) 954,050 (458,416) Cash, cash equivalents, and restricted cash at beginning of period 4,137,978 3,183,928 3,642,344 Cash, cash equivalents, and restricted cash at end of period (1) $ 3,606,731 $ 4,137,978 $ 3,183,928 NON-CASH TRANSACTIONS Adoption of lease accounting standard: ROU assets $ — $ — $ 6,779 Accrued expenses and payables — — 7,622 (1) Amounts for the years ended December 31, 2021, 2020, and 2019 include cash and cash equivalents balances of $3.6 billion, $4.1 billion, and $3.1 billion, respectively, and restricted cash balances of $56.5 million, $56.4 million, and $58.2 million, respectively.

DESCRIPTION OF BUSINESS, BASI_2

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation These Consolidated Financial Statements include the accounts of the Company and its consolidated subsidiaries, including certain Trusts that are considered VIEs. The Company generally 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. These Consolidated Financial Statements have been prepared in accordance with GAAP and pursuant to SEC regulations. In the opinion of management, the accompanying Consolidated Financial Statements reflect all adjustments of a normal and recurring nature necessary for a fair statement of the Consolidated Balance Sheets, Statements of Operations, Statements of Comprehensive Income, Statements of Stockholder's Equity and Statement of Cash Flow for the periods indicated, and contain adequate disclosure to make the information presented not misleading. 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 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, fair value measurements, expected end-of-term lease residual values, and goodwill. These estimates, although based on actual historical trends and modeling, may potentially show significant variances over time.
Recently Adopted Accounting Standards and Accounting Standard adopted January 1, 2020	Recently Adopted Accounting Standards Since January 1, 2021, the Company has not adopted any new accounting standards that had a material impact on the Company’s financial position or results of operations. Accounting Standards adopted January 1, 2020 Effective January 1, 2020, the Company adopted Topic 326 Financial Instruments - Credit Losses, resulting in an increase in the ACL of approximately $2.5 billion, a decrease in stockholder's equity of approximately $1.8 billion and a net decrease in deferred tax liabilities of approximately $0.7 billion at January 1, 2020.
Consolidation	Consolidation In accordance with the applicable accounting guidance for consolidations, the Consolidated Financial Statements include any VOEs in which the Company has a controlling financial interest and any VIEs for which the Company is deemed to be the primary beneficiary. The Company consolidates its VIEs if the Company has (i) a variable interest in the entity; (ii) the power to direct activities of the VIE that most significantly impact the entity's economic performance; and (iii) the obligation to absorb losses of the entity or the right to receive benefits from the entity that could potentially be significant to the VIE (i.e., the Company is considered to be the primary beneficiary). The Company generally consolidates its VOEs if the Company, directly or indirectly, owns more than 50% of the outstanding voting shares of the entity and the noncontrolling shareholders do not hold any substantive participating or controlling rights. Interests in VIEs and VOEs can include equity interests in corporations, partnerships and similar legal entities, subordinated debt, securitizations, derivatives contracts, leases, service agreements, guarantees, standby letters of credit, loan commitments, and other contracts, agreements and financial instruments. Upon the occurrence of certain significant events, as required by the VIE model, the Company reassesses whether a legal entity in which the Company is involved is a VIE. The reassessment process considers whether the Company has acquired or divested the power to direct the activities of the VIE through changes in governing documents or other circumstances. The reassessment also considers whether the Company has acquired or disposed of a financial interest that could be significant to the VIE, or whether an interest in the VIE has become significant or is no longer significant. The consolidation status of the entities with which the Company is involved may change as a result of such reassessments. Changes in consolidation status are applied prospectively, with assets and liabilities of a newly consolidated VIE initially recorded at fair value. A gain or loss may be recognized upon deconsolidation of a VIE, depending on the carrying amounts of deconsolidated assets and liabilities compared to the fair value of retained interests and ongoing contractual arrangements. The Company uses the equity method to account for unconsolidated investments in VOEs if the Company has significant influence over the entity's operating and financing decisions but does not maintain a controlling financial interest. Unconsolidated investments in VOEs or VIEs in which the Company has a voting or economic interest of less than 20% generally are carried at cost less any impairment. These investments are included in Other assets on the Consolidated Balance Sheets, and the Company's proportionate share of income or loss is included in Miscellaneous income, net within the Consolidated Statements of Operations.
Sale of RICs and Leases	Sales of RICs and Leases The Company, through SC, transfers RICs into newly formed Trusts which then issue one or more classes of notes payable backed by the RICs. The Company’s continuing involvement with the credit facilities and Trusts are in the form of servicing loans held by the SPEs and, generally, through holding a residual interest in the SPE. These transactions are structured without recourse. The Trusts are considered VIEs under GAAP and are consolidated when the Company has: (a) power over the significant activities of the entity and (b) an obligation to absorb losses or the right to receive benefits from the VIE which are potentially significant to the VIE. The Company has power over the significant activities of those Trusts as servicer of the financial assets held in the Trust. Servicing fees are not considered significant variable interests in the Trusts; however, when the Company also retains a residual interest in the Trust, either in the form of a debt security or equity interest, the Company has an obligation to absorb losses or the right to receive benefits that are potentially significant to the SPE. For all VIEs in which the Company is involved, the Company assesses whether it is the primary beneficiary of the VIE on an ongoing basis. In circumstances where the Company have both the power to direct the activities that most significantly impact the VIEs performance and the obligation to absorb losses or the right to receive benefits of the VIE that could be significant, the Company would conclude that it is the primary beneficiary of the VIE, and accordingly, these Trusts are consolidated within the Consolidated Financial Statements, and the associated RICs, borrowings under credit facilities and securitization notes payable remain on the Consolidated Balance Sheets. In situations where the Company is not deemed to be the primary beneficiary of the VIE, the Company does not consolidate the VIE and only recognizes its interests in the VIE. These securitizations involving Trusts are treated as sales of the associated retail installment contracts. While these Trusts are included in our Consolidated Financial Statements, they are separate legal entities; thus, the finance receivables and other assets sold to these Trusts are legally owned by the Trusts, are available only to satisfy the notes payable related to the securitized RICs, and are not available to the Company's creditors or other subsidiaries. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) The Company also sells RICs and leases to VIEs or directly to third parties. The Company may determine that these transactions meet sale accounting treatment in accordance with applicable guidance. Due to the nature, purpose, and activity of these transactions, the Company either does not hold potentially significant variable interests or is not the primary beneficiary as a result of the Company's limited further involvement with the financial assets. The transferred financial assets are removed from the Company's Consolidated Balance Sheets at the time the sale is completed. The Company generally remains the servicer of the financial assets and receives servicing fees. The Company also recognizes a gain or loss for the difference between the fair value, as measured based on sales proceeds plus (or minus) the value of any servicing asset (or liability) retained and the carrying value of the assets sold.
Cash, Cash Equivalents, and Restricted Cash	Cash, Cash Equivalents, and Restricted Cash Cash and cash equivalents include cash, amounts due from depository institutions, interest-bearing deposits in other banks, and federal funds sold. Cash and cash equivalents have original maturities of three months or less and, accordingly, the carrying amount of these instruments is deemed to be a reasonable estimate of fair value. The Company has maintained balances in various operating and money market accounts in excess of federally insured limits.
Investment Securities and Other Investments	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. 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, charge offs, 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 amortized cost plus or minus any unrealized gains or losses recorded in AOCI. The unrealized gain or loss at the date of transfer is amortized over the remaining lives of the securities. Any reserve for credit losses on investments recorded while the security was classified as AFS will be reversed through provision expense in non-interest income. Thereafter, the allowance will be recorded through provision expense 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 a reserve for credit losses on investments, 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. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) 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. Prior to the adoption of CECL, credit losses on HTM and AFS securities were recorded as direct write downs of the investment in the asset and in noninterest income. 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 delinquent. Realized gains and losses on sales of investment securities are recognized on the trade date and included in earnings within Net (losses)/gains on sale of investment securities, which is a component of non-interest income. Unamortized premiums and discounts are recognized in interest income over the estimated life of the security using the interest method. Debt securities held for trading purposes and equity securities are carried at fair value, with changes in fair value recorded in non-interest income. Investments that are purchased principally for the purpose of economically hedging MSR in the near term are classified as trading securities and carried at fair value, with changes in fair value recorded as a component of the Miscellaneous income, net line of the Consolidated Statements of Operations.
Securities Financing Agreements	Securities Financing Activities The Company may enter into Securities Financing Activities primarily to deploy the Company’s excess cash and investment positions. Securities Financing Activities are treated as collateralized financings and are included in "Federal funds sold and securities purchased under resale agreements or similar arrangements" and "Federal funds purchased and securities loaned or sold under repurchase agreements" on the Company’s Condensed Consolidated Balance Sheets. Resale and repurchase agreements are generally carried at the amounts at which the securities will be subsequently sold or repurchased. These agreements are generally carried at the amount of cash collateral advanced or received plus accrued interest. Where appropriate under applicable accounting guidance, Securities Financing Activities with the same counterparty are reported on a net basis. Securities transferred to counterparties under repurchase agreements and securities lending transactions continue to be recognized on the Condensed Consolidated Balance Sheets, are measured at fair value, and are included in Investment securities AFS on the Company’s Condensed Consolidated Balance Sheets. Securities received from counterparties under reverse repurchase agreements and securities borrowed transactions are not recognized on the Condensed Consolidated Balance Sheets unless the counterparty defaults. The securities transferred under Securities Financing Activities typically are U.S. Treasury and agency securities or residential agency MBS. In general, the securities transferred can be sold, re-pledged or otherwise used by the party in possession. No restrictions exist on the use of cash collateral by either party. The Company may be exposed to counterparty risk, with such risk managed by performing assessments independent of business line managers, and establishing concentration limits on each counterparty. Additionally, these transactions include collateral arrangements that require the fair values of the underlying securities to be determined daily, resulting in cash being obtained or refunded to counterparties to maintain specified collateral levels. These financing transactions do not create material credit risk given the collateral provided and the related monitoring process.
LHFI	LHFI LHFI include commercial and consumer loans (including RICs) originated by the Company as well as loans acquired by the Company, which the Company intends to hold for the foreseeable future or until maturity. RICs include nonprime automobile finance receivables that are acquired individually from dealers at a nonrefundable discount from the contractual principal amount. RICs also include receivables originated through a direct lending program and loan portfolios purchased from other lenders. Originated LHFI Originated LHFI are reported net of cumulative charge offs, unamortized loan origination fees and costs, and unamortized discounts and premiums. Interest on loans is credited to income as it is earned. For most of the Company's originated LHFI, loan origination fees and certain direct loan origination costs and premiums and discounts are deferred and recognized as adjustments to interest income in the Consolidated Statements of Operations over the contractual life of the loan utilizing the effective interest method. For RICs, loan origination fees and costs, premiums and discounts are deferred and amortized over their estimated lives as adjustments to interest income utilizing the effective interest method using estimated prepayment speeds, which are updated on a monthly basis. The Company estimates future principal prepayments specific to pools of homogeneous loans, which are based on the vintage, credit quality at origination and term of the loan. Prepayments in our portfolio are sensitive to credit quality, with higher credit quality loans experiencing higher voluntary prepayment rates than lower credit quality loans. The resulting prepayment rate specific to each pool is based on historical experience and is used as an input in the calculation of the constant effective yield. The impact of defaults is not considered in the prepayment rate; the prepayment rate only considers voluntary prepayments. Our estimated weighted average prepayment rates ranged from 11.1% to 16.1% at December 31, 2021 and 9.8% to 16.2% at December 31, 2020. The Company’s LHFI are carried at amortized cost, net of the ALLL. When a RIC is originated, certain cost basis adjustments (the net discounts) to the principal balance of the loan are recognized in accordance with the accounting guidance for loan origination fees and costs. These cost basis adjustments generally include the following: • Origination costs. • Dealer discounts - dealer discounts to the principal balance of the loan generally occur in circumstances in which the contractual interest rate on the loan is not sufficient to compensate for the credit risk of the borrower. • Participation - participation fees, or premiums, paid to the dealer as a form of profit-sharing, rewarding the dealer for originating loans that perform. • Subvention - payments received from the vehicle manufacturer as compensation (yield enhancement) for the cost of below-market interest rates offered to consumers. Originated loans are initially recorded at the proceeds paid to fund the loan. Collateral is generally required for originated loans. For commercial loans, the Company focuses on assessing the borrower’s capacity and willingness to repay and obtaining sufficient collateral. C&I loans are generally secured by the borrower’s assets and by guarantees. CRE loans are secured by real estate at specified LTV ratios and often by a guarantee. The Company purchases residential mortgage loans and home equity loans and lines that are secured by the underlying 1-4 family residential properties. RICs and auto loans are secured by the underlying vehicles. See LHFS subsection below for accounting treatment when an HFI loan is re-designated as LHFS. Purchased LHFI Purchased loans are generally loans acquired in a bulk purchase or a business combination. RICs acquired directly from a dealer are considered to be originated loans, not purchased loans. Loans that at acquisition the Company deems to have more than insignificant deterioration in credit quality since origination are considered purchased credit deteriorated (PCD) loans. PCD loans require the recognition of an ACL at purchase. The allowance for credit losses is added to the purchase price at the date of acquisition to determine the initial amortized cost basis of the PCD loan. The ACL 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 the FVO. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) Purchase discounts and premiums on purchased loans that are deemed performing are accreted over the remaining expected lives of the loans, generally using the retrospective effective interest method, which considers the impact of estimated prepayments that is updated on a quarterly basis. The purchase discount on personal unsecured loans (given their revolving nature) are amortized on a straight-line basis. For loans under the FVO, the Company recognizes the fair value adjustments as part of other non-interest income in the Company’s Consolidated Statements of Operations. Generally, the Company does not recognize interest income on non-accrual loans under the FVO. For certain loans which the Company has elected to account for at fair value that are not considered non-accrual, the Company recognizes interest income separately from the total fair value adjustment.
Allowance for Credit Losses	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, excluding those loans accounted for under the FVO. Credit loss expenses are charged in amounts sufficient to maintain the ACL at levels considered adequate to cover expected credit losses in the Company’s HFI loan portfolios . The allowance for expected credit losses is measured based on a current 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 portfolio, past 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. 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 expected credit losses 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-K 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 ACL is made up of a quantitative and a qualitative component. To determine the quantitative component, the Company generally uses a DCF approach for determining ALLL for TDRs and other individually assessed loans, and loss rate statistical methodology for other loans. The methodologies utilized by the Company to estimate expected credit losses 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. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) 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. The Company uses multiple scenarios in its CECL estimation process. 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 expected credit loss approach that focuses on forecasting the expected credit loss components (i.e., PD, payoff, LGD and EAD) on a loan level basis to estimate the expected future lifetime 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 LGD component forecasts the extent of losses given that a default has occurred and considers variables such as collateral, LTV and credit quality. • The EAD 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 indicators. The above expected credit loss components are used to compute an ACL based on the weighted average of the results of four macroeconomic scenarios. 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 adjustments for macroeconomic uncertainty, and considers adjustments to macroeconomic inputs and outputs based on market volatility. 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 the non-DCF approach for other loans. When using a non-DCF method to measure the ACL, the Company measures expected credit losses 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. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) 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 ACL 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. 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 a negative allowance. Negative allowance reduces the ACL. Qualitative Reserves 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 qualitative reserves as a component of 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 deriving the quantitative component of the allowance, as well as potential variability in estimates. Quantitative models have certain limitations regarding estimating expected losses in times of rapidly changing macro-economic forecasts. The 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. The qualitative adjustments are also established in consideration of several factors such as the interpretation of economic trends and uncertainties, changes in the nature and volume of our loan portfolios, trends in delinquency and collateral values, and concentration risk. This analysis is conducted at least quarterly, and the Company revises the qualitative component of the allowance when 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. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) 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. Models, inputs and documentation are further reviewed and validated periodically, 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. Reserve levels are collectively reviewed for adequacy and approved quarterly by Board-level committees. Changes in the assumptions used in these estimates could have a direct material impact on credit loss expense in the Consolidated Statements of Operations and in the allowance for loan losses. 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. In 2019 (prior to the adoption of CECL), the Company used the incurred loss approach in providing an ACL on the recorded investment of its loans. This approach requires that loan loss provisions are recognized and the corresponding allowance recorded when, based on all available information, it is probable that a credit loss has been incurred. The estimate for credit losses for loans that are individually evaluated for impairment is generally determined through an analysis of the present value of the loan’s expected future cash flows, except for those that are deemed to be collateral dependent. For those loans that are collectively assessed for impairment, the Company utilizes historical loan loss experience information as part of its evaluation. Similar to the CECL methodology, the Company considers whether to adjust the quantitative reserves for certain external and internal qualitative factors, which may increase or decrease the reserves for credit losses.
Interest Recognition and Non-accrual Loans	Interest Recognition and Non-accrual loans Interest from loans is accrued when earned in accordance with the terms of the loan agreement. The accrual of interest is discontinued and uncollected interest is reversed once a loan is placed in non-accrual status. A loan is determined to be non-accrual when it is probable that scheduled payments of principal and interest will not be received when due according to the contractual terms of the loan agreement. The Company generally places commercial loans on non-accrual status when they become 90 days or more delinquent. When the collectability of the recorded loan balance of a nonaccrual loan is in doubt, cash payments received from the borrower are generally applied first to reduce the carrying value of the loan. Otherwise, interest income may be recognized to the extent cash is received. Generally, a nonaccrual loan is returned to accrual status when, based on the Company’s judgment, the borrower’s ability to make the required principal and interest payments has resumed and collectability of remaining principal and interest is no longer doubtful. Interest income recognition resumes for nonaccrual loans that were accounted for on a cash basis method when they return to accrual status, while interest income that was previously recorded as a reduction in the carrying value of the loan would be recognized as interest income based on the effective yield to maturity on the loan. Collateral dependent loans are generally not returned to accrual status. Refer to the TDRs section below for discussion related to TDR loans placed on non-accrual status. Consumer loans (excluding RICs and auto loans) are placed on nonaccrual status when they meet certain delinquency thresholds, or sooner if collectability of the amortized cost basis is in doubt. Residential mortgages, home equity loans and lines and unsecured loans are generally placed on nonaccrual status at 90 days delinquent, and returned to accrual status when they become current. Credit cards continue to accrue interest until they become 180 days delinquent, at which point they are charged-off. For RICs and auto loans, the accrual of interest is discontinued and accrued but uncollected interest is reversed once a RIC becomes more than 60 days delinquent, (i.e. 61 or more DPD) and is resumed and reinstated if a delinquent account subsequently becomes 60 days or less past due. The Company considers RICs and auto loans delinquent when an obligor fails to pay substantially all (defined as 90%) of the scheduled payment by the due date. The payment following the partial payment must be a full payment, or the account will move into delinquency status at that time. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) Charge-off of Uncollectible Loans Any loan may be charged-off if a loss confirming event has occurred. Loss confirming events usually involve the receipt of specific adverse information about the borrower and may include bankruptcy, foreclosure, or receipt of an asset valuation indicating a shortfall between the value of the collateral and the book value of the loan when that collateral asset is the sole source of repayment. The Company generally charges off commercial loans when it is determined that the specific loan or a portion thereof is uncollectible. This determination is based on facts and circumstances of the individual loans and normally includes considering the viability of the related business, the value of any collateral, the ability and willingness of any guarantors to perform and the overall financial condition of the borrower. Partially charged-off loans continue to be evaluated on not less than a quarterly basis, with additional charge-offs or loan and lease loss provisions taken on the remaining loan balance, if warranted, utilizing the same criteria. Although the ACL is established on a collective basis, actual charge-offs are recorded on a loan-by-loan basis when losses are confirmed or when established delinquency thresholds have been met. The Company generally charges off consumer loans, or a portion thereof, as follows: residential mortgage loans and home equity loans are charged-off to the estimated fair value of their collateral (net of selling costs) when they become 180 days delinquent, and other loans (closed-end) are charged-off when they become 120 days delinquent. RICs and auto loans are charged-off to the estimated net recovery value in the month an account becomes greater than 120 days delinquent if the Company has not repossessed the related vehicle. The Company charges off accounts in repossession to estimated net recovery value when the automobile is repossessed and legally available for disposition. For RICs and auto loans, a net charge off represents the difference between the estimated net sales proceeds and the Company's amortized cost basis of the related contract. Revolving personal unsecured loans are charged off when they become 180 days delinquent. Credit cards are charged off when they are 180 days delinquent or within 60 days after the receipt of notification of the cardholder’s death or bankruptcy. Accounts in repossession that have been charged off and are pending liquidation are removed from loans and the related repossessed assets are included in Other assets in the Company's Consolidated Balance Sheets. For residential mortgages, foreclosed real estate is moved to Other assets when the Company has obtained legal title to the property. Loans receiving a bankruptcy notice or for which fraud has been discovered are written down to the collateral value less costs to sell within 60 days of such notice or discovery. Charge-offs are not required when it can be clearly demonstrated that repayment will occur regardless of delinquency status. Factors that would demonstrate repayment include a loan that is secured by collateral and is in the process of collection, a loan supported by a valid guarantee or insurance, or a loan supported by a valid claim against a solvent estate. Expected recoveries of amounts previously written off and expected to be written off are included in the Allowance for Credit Losses up to the aggregate of amounts previously written off and expected to be written off by the Company. TDRs TDRs are loans that have been modified for which the Company has agreed to make certain concessions to customers to both meet the needs of the customers and maximize the ultimate recovery of the loan. TDRs occur when a borrower is experiencing financial difficulties and the loan is modified involving a concession that would otherwise not be granted to the borrower. The types of concessions granted are generally payment deferrals, interest rate reductions, limitations on accrued interest charged, term extensions and deferments of principal. TDRs are generally placed on non-accrual status at the time of modification, (unless the loan was performing immediately prior to modification) and returned to accrual after a sustained period of repayment performance. Collateral dependent TDRS are generally not returned to accrual status. All costs incurred by the Company in connection with a TDR are expensed as incurred. The TDR classification remains on the loan until it is paid in full or liquidated. Short-term modifications are generally not classified as TDRs. In response to the 2020 COVID-19 pandemic, the Company implemented loan modification programs to assist borrowers impacted by the pandemic. Under these programs, payment deferrals of up to six months to borrowers who were performing prior to the modification are considered short term modifications and are not classified as TDRs. Additionally, certain consumer loans that are granted deferrals beyond 180 days are not classified as TDRs if they comply with the requirements of the CARES Act. During 2021 the Company reverted to its pre-pandemic TDR programs. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) Commercial Loan TDRs All of the Company’s commercial loan modifications are based on the circumstances of the individual customer, including specific customers' complete relationship with the Company. Loan terms are modified to meet each borrower’s specific circumstances at a point in time and may allow for modifications such as term extensions and interest rate reductions. Commercial loan TDRs are generally restructured to allow for an upgraded risk rating and return to accrual status after a sustained period of payment performance has been achieved (typically 12 months for monthly payment schedules). As TDRs, they will be subject to analysis for specific reserves by either calculating the present value of expected future cash flows or, if collateral-dependent, calculating the fair value of the collateral less its estimated cost to sell. Consumer Loan TDRs The majority of the Company's TDR balance is comprised of RICs and auto loans. The terms of the modifications for the RIC and auto loan portfolio generally include one or a combination of a reduction of the stated interest rate of the loan or an extension of the maturity date. In accordance with our policies and guidelines, the Company at times offers extensions (deferrals) to consumers on our RIC and auto loan consumers under which the consumer is allowed to defer a maximum of three payments per event to the end of the loan. More than 90% of deferrals granted are for two payments. Our policies and guidelines limit the frequency of each new deferral that may be granted to one deferral every six months, regardless of the length of any prior deferral. The maximum number of months extended for the life of the loan for all automobile RICs is 8, while some marine and RV contracts have a maximum of twelve months extended to reflect their longer term. Additionally, we generally limit the granting of deferrals on new accounts until a requisite number of payments has been received. During the deferral period, we continue to accrue and collect interest on the loan in accordance with the terms of the deferral agreement. The Company considers all RICs and auto loans that have been modified at least once, deferred for a period of 90 days or more, or deferred at least twice, as TDRs. Additionally, restructurings through bankruptcy proceedings are deemed to be TDRs. RIC and auto loan TDRs are placed on non-accrual status when the Company believes repayment under the revised terms is not reasonably assured and, at the latest, when the account becomes past due more than 60 days. For RICs and auto loans on nonaccrual status, interest income is recognized on a cash basis. The accrual of interest is resumed if a delinquent account subsequently becomes 60 days or less past due. At the time a deferral is granted on a RIC or auto loan, all delinquent amounts may be deferred or paid, resulting in the classification of the loan as current and therefore not considered a delinquent account. Thereafter, the account is aged based on the timely payment of future installments in the same manner as any other account. The primary modification program for the Company’s residential mortgage and home equity portfolios is a proprietary program designed to keep customers in their homes and, when appropriate, prevent them from entering into foreclosure. The program is available to all customers facing a financial hardship regardless of their delinquency status. The main goal of the modification program is to review the customer’s entire financial condition to ensure that the proposed modified payment solution is affordable according to a specific DTI ratio range. The main modification benefits of the program allow for term extensions, interest rate reductions, and/or deferment of principal. The Company reviews each customer on a case-by-case basis to determine which benefit or combination of benefits will be offered to achieve the target DTI range. Consumer TDRs in the residential mortgage and home equity portfolios are generally placed on non-accrual status until the Company believes repayment under the revised terms is reasonably assured and a sustained period of repayment performance has been achieved. In addition to those identified as TDRs above, loans discharged under Chapter 7 bankruptcy are considered TDRs and collateral-dependent, regardless of delinquency status. These loans are written down to the fair market value of collateral and classified as non-accrual/non-performing for the remaining life of the loan. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) 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 ACL for TDRs. Interest rate concessions and significant term deferrals can only be captured within the ACL 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 ACL. • The Company recognizes the impact of a TDR modification to the ACL when the Company has a reasonable expectation that the TDR modification will be executed. Typically, commercial loans whose terms are modified in a TDR will have been identified as impaired prior to modification and accounted for generally using a present value of expected future cash flows methodology, unless the loan is considered collateral-dependent. Loans considered collateral-dependent are measured for impairment based on the fair values of their collateral less its estimated cost to sell. Accordingly, upon TDR modification or if a TDR modification subsequently defaults, the allowance methodology generally remains unchanged. For consumer loans, prior to loans being placed in TDR status, the Company generally measures its allowance under a loss contingency methodology in which loans with similar risk characteristics are pooled and loss experience information is monitored for credit risk and deterioration with statistical tools considering factors such as delinquency, LTV and credit scores. Upon TDR modification, the Company generally measures consumer loan impairment based on a present value of expected future cash flows methodology considering all available evidence using the effective interest rate or fair value of collateral. The amount of the required valuation allowance is equal to the difference between the loan’s impaired value and the amortized cost basis. RIC and auto loan TDRs that subsequently default continue to have impairment measured based on the difference between the amortized cost basis of the RIC or auto loan and the present value of expected cash flows. For the Company's other consumer TDR portfolios, impairment on subsequently defaulted loans is generally measured based on the fair value of the collateral, if applicable, less its estimated cost to sell. When a DCF methodolog y is used, cash flows are generally discounted at the individual asset’s EIR, or an individual asset’s prepay-adjusted EIR. The Company has made the following elections: • RICs and auto loans: When a DCF methodology is used, the Company discounts cash flows using the prepay-adjusted EIR. • All Other Assets: When a DCF methodology is used, the Company discounts cash flows using the EIR.
LHFS	LHFS LHFS are recorded at either estimated fair value (if the FVO is elected) or the lower of cost or fair value. The Company has elected to account for most of its residential real estate mortgages originated with the intent to sell at fair value. Applying fair value accounting to the residential mortgage LHFS better aligns the reported results of the economic changes in the value of these loans and their related economic hedge instruments. Generally, residential loans are valued on an aggregate portfolio basis, and commercial loans are valued on an individual loan basis. Gains and losses on LHFS which are accounted for at fair value are recorded in Miscellaneous income, net. For residential mortgages for which the FVO is selected, direct loan origination fees are recorded in Miscellaneous income, net at origination. All other LHFS which the Company does not have the intent and ability to hold for the foreseeable future or until maturity or payoff are carried at the lower of cost or fair value. When loans are transferred from HFI, the Company will recognize a charge-off to the ALLL, if warranted under the Company’s charge off policies. Any excess ALLL for the transferred loans is reversed through provision expense. Subsequent to the initial measurement of LHFS, market declines in the recorded investment, whether due to credit or market risk, are recorded through Miscellaneous income, net as lower of cost or market adjustments. Interest income on the Company’s LHFS is recognized when earned based on their respective contractual rates in Interest income on loans in the Consolidated Statements of Operations. The accrual of interest is discontinued and reversed once the loans become more than 90 days delinquent.
Leases (as Lessor)	Leases (as Lessor) The Company provides financing for various types of equipment, aircraft, energy and power systems, and automobiles through a variety of lease arrangements. The Company’s investments in leases that are accounted for as direct financing leases are carried at the aggregate of lease payments plus estimated residual value of the leased property less unearned income, and are reported as part of LHFI in the Company’s Consolidated Balance Sheets. Leveraged leases, a form of financing lease, are carried net of non-recourse debt. The Company recognizes income over the term of the lease using the effective interest method, which provides a constant periodic rate of return on the outstanding investment on the lease. Leased vehicles under operating leases are carried at amortized cost net of accumulated depreciation and any impairment charges and presented as Operating lease assets, net in the Company’s Consolidated Balance Sheets. Leased assets acquired in a business combination are initially recorded at their estimated fair value. Leased vehicles purchased in connection with newly originated operating leases are recorded at amortized cost. The depreciation expense of the vehicles is recognized on a straight-line basis over the contractual term of the leases to the expected residual value. The expected residual value and, accordingly, the monthly depreciation expense may change throughout the term of the lease. The Company estimates expected residual values using independent data sources and internal statistical models that take into consideration economic conditions, current auction results, the Company’s remarketing abilities, and manufacturer vehicle and marketing programs. Lease payments due from operating lease customers are recorded as income within Lease income in the Company’s Consolidated Statements of Operations, unless and until a customer becomes more than 60 days delinquent, at which time the accrual of revenue is discontinued. The accrual is resumed if a delinquent account subsequently becomes 60 days or less past due. Payments from the vehicle’s manufacturer under its Subvention programs are recorded as reductions to the cost of the vehicle and are recognized as an adjustment to depreciation expense on a straight-line basis over the contractual term of the lease. The Company periodically evaluates its investment in operating leases for impairment if circumstances such as a systemic and material decline in used vehicle values occurs. This would include, for example, a decline in the residual value of our lease portfolio due to an event caused by shocks to oil and gas prices that have a pronounced impact on certain models of vehicles, pervasive manufacturer defects, or other events that could systemically affect the value of a particular brand or model of leased asset, which indicates that impairment may exist.
Leases (as Lessee)	Leases (as Lessee) Operating lease ROU assets and lease liabilities are recognized upon lease commencement based on the present value of lease payments over the lease term, discounted at the Company's estimated rate of interest for a collateralized borrowing for a similar term. The lease term includes options to extend or terminate a lease when the Company considers it reasonably certain that such options will be exercised. Lease expense for operating leases is recognized on a straight-line basis over the lease term.
Premises and Equipment	Premises and Equipment Premises and equipment are carried at cost, less accumulated depreciation. Depreciation is calculated utilizing the straight-line method. Estimated useful lives are as follows: Office buildings 10 to 30 years Leasehold improvements (1) 10 to 30 years Software (2) 3 to 7 years Furniture, fixtures and equipment 3 to 10 years Automobiles 5 years (1) Leasehold improvements are depreciated over the shorter of the useful lives of the assets or the remaining term of the leases.
Equity Method Investments	Equity Method Investments The Company uses the equity method for general and limited partnership interests, limited liability companies and other unconsolidated equity investments in which the Company is considered to have significant influence over the operations of the investee. Under the equity method, the Company records its equity ownership share of net income or loss of the investee in "Other miscellaneous expenses." Investments accounted for under the equity method of accounting above are included in the caption "Other Assets" on the Consolidated Balance Sheets.
Goodwill and Intangible Assets	Goodwill and Intangible Assets Goodwill is the excess of the purchase price over the fair value of the tangible and identifiable intangible assets and liabilities of companies acquired through business combinations accounted for under the acquisition method. Goodwill and other indefinite-lived intangible assets are not amortized on a recurring basis, but rather are subject to periodic impairment testing. The Company conducts its evaluation of goodwill impairment at the reporting unit level on an annual basis at October 1, and more frequently if events or circumstances indicate that the carrying value of a reporting unit exceeds its fair value. A reporting unit is an operating segment or one level below. An entity's goodwill impairment quantitative analysis is required to be completed unless the entity determines, based on certain qualitative factors, that it is more likely than not (that is, a likelihood of more than 50 percent) that the fair value of a reporting unit is greater than its carrying amount, including goodwill, in which case no further analysis is required. An entity has an unconditional option to bypass the preceding qualitative assessment (often referred to as step 0) for any reporting unit in any period and proceed directly to the quantitative goodwill impairment test. The quantitative test includes a comparison of the fair value of each reporting unit to its respective carrying amount, including its allocated goodwill. If the fair value of the reporting unit is in excess of the carrying value, the related goodwill is considered not to be impaired and no further analysis is necessary. If the carrying value of the reporting unit is higher than the fair value, the impairment is measured as the excess of carrying value over fair value. A recognized impairment charge cannot exceed the amount of goodwill allocated to a reporting unit and cannot subsequently be reversed even if the fair value of the reporting unit recovers. The Company's intangible assets consist of assets purchased or acquired through business combinations, including customer relationships and dealer networks. Certain intangible assets are amortized over their useful lives. The Company evaluates identifiable intangibles for impairment when an indicator of impairment exists, but not less than annually. Separable intangible assets that are not deemed to have an indefinite life continue to be amortized over their useful lives.
MSRs	MSRs The Company has elected to measure its residential MSRs at fair value to be consistent with the risk management strategy to hedge changes in the fair value of these assets.
BOLI	BOLIBOLI represents the cash surrender value of life insurance policies for certain current and former employees who have provided positive consent to allow SBNA to be the beneficiary of such policies. Increases in the net cash surrender value of the policies, as well as insurance proceeds received, are recorded in non-interest income, and are not subject to income taxes.
OREO and Other Repossessed Assets	OREO and Other Repossessed Assets OREO and other repossessed assets consist of properties, vehicles, and other assets acquired by, or in lieu of, foreclosure or repossession in partial or total satisfaction of NPLs, including RICs and leases. Assets obtained in satisfaction of a loan are recorded at the estimated fair value minus estimated costs to sell based upon the asset's appraisal value at the date of transfer. The excess of the carrying value of the loan over the fair value of the asset minus estimated costs to sell are charged to the ALLL at the initial measurement date. Subsequent to the acquisition date, OREO and repossessed assets are carried at the lower of cost or estimated fair value, net of estimated cost to sell. Any declines in the fair value of OREO and repossessed assets below the initial cost basis are recorded through a valuation allowance with a charge to non-interest income. Increases in the fair value of OREO and repossessed assets net of estimated selling costs will reverse the valuation allowance, but only up to the cost basis which was established at the initial measurement date. Costs of holding the assets are recorded as operating expenses, except for significant property improvements, which are capitalized to the extent that the carrying value does not exceed the estimated fair value. The Company generally begins vehicle repossession activity once a customer's account becomes 60 days delinquent. The customer has an opportunity to redeem the repossessed vehicle by paying all outstanding balances, including finance changes and fees. Any vehicles not redeemed are sold at auction. OREO and other repossessed assets are recorded within Other assets on the Consolidated Balance Sheets.
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities The Company uses derivative financial instruments primarily to help manage exposure to interest rate, foreign exchange, equity, and credit risk. Derivative financial instruments are also used to reduce the effects that changes in interest rates may have on net income, the fair value of assets and liabilities, and cash flows. The Company also enters into derivatives with customers to facilitate their risk management activities, and often sells derivative products to commercial loan customers to hedge interest rate risk associated with loans made by the Company. The Company uses derivative financial instruments as risk management tools and not for speculative trading purposes for its own account. Derivative financial instruments are recognized as either assets or liabilities in the Consolidated Balance Sheets at fair value. The accounting for changes in the fair value of each derivative financial instrument depends on whether it has been designated and qualifies as a hedge for accounting purposes, as well as the type of hedging relationship identified. Derivative instruments designated in a hedge relationship to mitigate exposure to changes in the fair value of an asset, liability or firm commitment attributable to a particular risk such as interest rate risk are considered fair value hedges. Derivative instruments designated in a hedge relationship to mitigate exposure to variability in expected future cash flows or other types of forecasted transactions are considered cash flow hedges. The Company formally documents the relationships of qualifying hedging instruments and hedged items, as well as its risk management objective and strategy for undertaking each hedge transaction. Fair value hedges that are highly effective are accounted for by recording the change in the fair value of the derivative instrument and the change (due to the hedged risk) in the fair value of the related hedged asset, liability or firm commitment in the corresponding income or expense line in the Consolidated Statements of Operations. The adjustment to the hedged asset or liability is included in the basis of the hedged item, while the fair value of the derivative is recorded as an other asset or other liability. Actual cash receipts or payments and related amounts accrued during the period on derivatives included in a fair value hedge relationship are recorded as adjustments to the income or expense associated with the hedged asset or liability. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) Cash flow hedges that are highly effective are accounted for by recording the fair value of the derivative instrument on the Consolidated Balance Sheets as an asset or liability, with a corresponding charge or credit for the change in the fair value of the derivative, net of tax, recorded in AOCI within stockholder's equity in the accompanying Consolidated Balance Sheets. Amounts are reclassified from AOCI to the Consolidated Statements of Operations in the period or periods the hedged transaction affects earnings. In the case in which certain cash flow hedging relationships have been terminated, the Company continues to defer the net gain or loss in AOCI and reclassifies it into interest expense as the hedged cash flows occur, unless it becomes probable that the hedged cash flows will not occur. We discontinue hedge accounting when it is determined that the derivative no longer qualifies as an effective hedge; the derivative expires or is sold, terminated or exercised; the derivative is de-designated as a fair value or cash flow hedge; or, for a cash flow hedge, it is no longer probable that the forecasted transaction will occur by the end of the originally specified time period. If we determine that the derivative no longer qualifies as a fair value or cash flow hedge and hedge accounting is discontinued, the derivative will continue to be recorded on the balance sheet at its fair value, with changes in fair value included in current earnings. For a discontinued fair value hedge, the previously hedged item is no longer adjusted for changes in fair value.
Income Taxes	Income Taxes The Company accounts for income taxes under the asset and liability method. Deferred taxes are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates that will apply to taxable income in the years in which those temporary differences are expected to reverse or be realized. The effect of a change in tax rates on deferred tax assets and liabilities is recognized as income or expense in the period that includes the enactment date. A valuation allowance is established if the Company determines that it is more likely than not that a deferred tax asset will not be realized. This requires periodic analysis of the carrying amount of deferred tax assets and when the deferred tax assets will be realized in future periods. Consideration is given to all positive and negative evidence related to the realization of deferred tax assets. In establishing a provision for income tax expense, the Company must make judgments and interpretations about the application of inherently complex tax laws of the U.S., its states and municipalities, and abroad. 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. Interest and penalties on income tax payments are included within Income tax provision on the Consolidated Statements of Operations.
Stock-Based Compensation	Stock-Based Compensation The Company, through Santander, sponsors stock plans under which incentive and non-qualified stock options and non-vested stock may be granted periodically to certain employees. The Company recognizes compensation expense related to stock options and non-vested stock awards based upon the fair value of the awards on the date of the grant, which is charged to earnings over the requisite service period (i.e., the vesting period). The impact of the forfeiture of awards is recognized as forfeitures occur. Amounts in the Consolidated Statements of Operations associated with the Company's stock compensation plan were negligible in all years presented.
Guarantees	Guarantees Certain financial instruments of the Company meet the definition of a guarantee. They generally require the Company to perform and make future payments in the event specified triggering events or conditions were to occur over the term of the guarantee. The Company recognizes a liability at inception at the greater of the fair value of the guarantee or the Company's estimate of the contingent liability arising from the guarantee. Subsequent to initial recognition, the liability is adjusted based on the passage of time to perform under the guarantee and the changes to the probabilities of the occurrence of the specified triggering events or conditions that would require the Company to perform on the guarantee.
Business Combinations	Business Combinations The Company accounts for business combinations using the acquisition method of accounting, and records the identifiable assets, liabilities and any NCI of the acquired business at their acquisition date fair values. The excess of the purchase price over the estimated fair value of the net assets acquired is recorded as goodwill. Any changes in the estimated acquisition date fair values of the net assets recorded prior to the finalization of a more detailed analysis, but not to exceed one year from the date of acquisition, will change the amount of the purchase price allocable to goodwill. Any subsequent changes to any purchase price allocations that are material to the Company’s Consolidated Financial Statements will be adjusted retrospectively. All acquisition related costs are expensed as incurred. The results of operations of the acquired companies are recorded in the Consolidated Statements of Operations from the date of acquisition. The application of business combination principles, including the determination of the fair value of the net assets acquired, requires the use of significant estimates and assumptions.
Revenue Recognition	Revenue Recognition The Company primarily earns interest and non-interest income from various sources, including: • Lending (interest income and loan fees) • Investment securities • Loan sales and servicing • Finance leases • BOLI • Depository services • Commissions and trailer fees • Interchange income, net. • Underwriting service Fees • Asset and wealth management fees Lending and Investment Securities The principal source of revenue is interest income from loans and investment securities. Interest income is recognized on an accrual basis primarily according to non-discretionary formulas in written contracts, such as loan agreements or securities contracts. Revenue earned on interest-earning assets, including amortization of deferred loan fees and origination costs and the accretion of discounts recognized on acquired or purchased loans, is recognized based on the constant effective yield of such interest-earning assets. Gains or losses on sales of investment securities are recognized on the trade date. Loan Sales and Servicing The Company recognizes revenue from servicing commercial mortgages and consumer loans as earned. Mortgage banking income, net includes fees associated with servicing loans for third parties based on the specific contractual terms and changes in the fair value of MSRs. Gains or losses on sales of residential mortgage, multifamily and home equity loans are included within mortgage banking revenues and are recognized when the sale is complete. Finance Leases Income from finance leases is recognized as part of interest income over the term of the lease using the constant effective yield method, while income arising from operating leases is recognized as part of other non-interest income over the term of the lease on a straight-line basis. BOLI Income from BOLI represents increases in the cash surrender value of the policies, as well as insurance proceeds and interest. Depository services Depository services are performed under an agreement with a customer, and those services include personal deposit account opening and maintenance, checking services, online banking services, debit card services, etc. Depository service fees related to customer deposits can generally be distinguished between monthly service fees and transactional fees within the single performance obligation of providing depository account services. Monthly account service and maintenance fees are provided over a period of time (usually a month), and revenue is recognized as the Company performs the service (usually at the end of the month). The services for transactional fees are performed at a point in time and revenue is recognized when the transaction occurs. NOTE 1. DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (continued) Commissions and trailer fees Commission fees are earned from the selling of annuity contracts to customers on behalf of insurance companies, acting as the broker for certain equity trading, and sales of interests in mutual funds. The Company elected the expected value method for estimating commission fees due to the large number of customer contracts with similar characteristics. However, commissions and trailer fees are fully constrained as the Company cannot sufficiently estimate the consideration which it could be entitled to earn. Commissions are generally associated with point-in-time transactions or agreements that are one year or less. The performance obligation is satisfied immediately and revenue is recognized as the Company performs the service. Interchange income, net The Company has entered into agreements with payment networks under which the Company will issue the payment network's credit card as part of the Company's credit card portfolio. Each time a cardholder makes a purchase at a merchant and the transaction is processed, the Company receives an interchange fee in exchange for the authorization and settlement services provided to the payment networks. The performance obligation for the Company is to provide authorization and settlement services to the payment network when the payment network submits a transaction for authorization. The Company considers the payment network to be the customer, and the Company is acting as a principal when performing the transaction authorization and settlement services. The performance obligation for authorization and settlement services is satisfied at a point in time, and revenue is recognized on the date when the Company authorizes and routes the payment to the merchant. The expenses paid to payment networks are accounted for as consideration payable to the customer and therefore reduce the transaction price. Therefore, interchange income is recorded net against the expenses paid to the payment network and the cost of rewards programs. The agreements also contain immaterial fixed consideration related to upfront sign-on bonuses and program development bonuses, which are amortized over the remainder of the agreements' life on a straight-line basis. Underwriting service fees SIS, as a registered broker-dealer, performs underwriting services by raising investment capital from investors on behalf of corporations that are issuing securities. Underwriting services have one performance obligation, which is satisfied on the day SIS purchases the securities. Underwriting services include multiple parties in delivering the performance obligation. The Company has evaluated whether it is the principal or agent when we provide underwriting services. The Company acts as the principal when performing underwriting services, and recognizes fees on a gross basis. Revenue is recorded as the difference between the price the Company pays the issuer of the securities and the public offering price, and expenses are recorded as the proportionate share of the underwriting costs incurred by SIS. The Company is the principal because we obtain control of the services provided by third-party vendors and combine them with other services as part of delivering on the underwriting service. Asset and wealth management fees Asset and wealth management fees includes fee income generated from discretionary investment management and non-discretionary investment advisory contracts with customers. Discretionary investment management fees are earned for the management of the assets in the customer's account and are recognized as earned and charged to the customer on a quarterly basis. Non-discretionary investment advisory fees are earned for providing investment advisory services to customers, such as recommending the re-balancing or restructuring of the assets in the customer’s account. The investment advisory fee is recognized as earned and charged to the customer on a quarterly basis. The fee for the discretionary and nondiscretionary contracts is based on a percentage of the average assets included in the customer’s account.
Fair Value Measurements	Fair Value Measurements The Company estimates the fair value of certain assets and liabilities for both measurement and disclosure purposes. 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, 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. When measuring the fair value of a liability, the Company assumes that the transfer will not affect the nonperformance risk associated with the liability. The Company considers the effect of the credit risk on the fair value for any period in which fair value is measured. There are three valuation approaches for measuring fair value: the market approach, the income approach and the cost approach. When selecting the appropriate technique for valuing a particular asset or liability the Company considers the exit market for the asset or liability, the nature of the asset or liability being measured, and how a market participant would value the same asset or liability. Ultimately, selecting the appropriate valuation method requires significant judgment. The fair value hierarchy categorizes the underlying assumptions and inputs to valuation techniques that are used to measure fair value into three levels. The three fair value hierarchy classification levels are defined 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. The fair value hierarchy is used for disclosure purposes, with assets and liabilities classified into one of the three levels defined above, based upon the level of the most significant assumptions used in the valuation. Valuation inputs refer to the assumptions market participants would use in pricing a given asset or liability. Inputs can be observable or unobservable. Observable inputs are assumptions based on market data obtained from an independent source. Unobservable inputs are assumptions based on the Company's own information or assessment of assumptions used by other market participants in pricing the asset or liability. The unobservable inputs are based on the best and most current information available on the measurement date. The Company uses valuation techniques that maximize the use of relevant observable inputs and minimize the use of unobservable inputs in its 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 approves the methodologies used in the estimations of 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.
Credit Quality of Financing Receivables	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:
Securities Borrowed and Loaned	The Company may enter into Securities Financing Activities primarily to deploy the Company’s excess cash and investment positions. Securities Financing Activities are treated as collateralized financings and are included i n "F ederal funds sold and securities purchased under resale agreements or similar arrangements" an d "Federal funds purchased and securities loaned or sold under repurchase agreements" on the Company’s Consolidated Balance Sheets . Refer to Note 1 for further discussion of accounting for and the offsetting of securities financing assets and liabilities.

DESCRIPTION OF BUSINESS, BASI_3

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Summary of Premises and Equipment	Estimated useful lives are as follows: Office buildings 10 to 30 years Leasehold improvements (1) 10 to 30 years Software (2) 3 to 7 years Furniture, fixtures and equipment 3 to 10 years Automobiles 5 years (1) Leasehold improvements are depreciated over the shorter of the useful lives of the assets or the remaining term of the leases. A summary of premises and equipment, less accumulated depreciation, follows: (in thousands) December 31, 2021 December 31, 2020 Land $ 77,310 $ 81,613 Office buildings 156,967 166,586 Furniture, fixtures, and equipment 598,240 519,565 Leasehold improvement 585,956 556,509 Computer software 1,239,795 1,090,515 Automobiles and other 10,952 1,696 Total premise and equipment 2,669,220 2,416,484 Less accumulated depreciation (1,812,827) (1,629,143) Total premises and equipment, net $ 856,393 $ 787,341

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	12 Months Ended
	Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]
Investments Classified by Contractual Maturity Date	Contractual maturities of the Company’s investments in debt securities AFS at December 31, 2021 were as follows: (in thousands) Due Within One Year Due After 1 Within 5 Years Due After 5 Within 10 Years Due After 10 Years/No Maturity Total (1) Weighted Average Yield (2) U.S Treasuries $ 50,651 $ 22,967 $ — $ — $ 73,618 2.12 % Corporate debt securities 175,855 100,152 — — 276,007 0.65 % ABS — 3,704 63,792 470,226 537,722 1.33 % MBS: GNMA - Residential — 13 50,104 4,016,078 4,066,195 0.82 % GNMA - Commercial — — — 2,032,839 2,032,839 1.71 % FHLMC and FNMA - Residential 91 40,347 145,039 4,034,164 4,219,641 1.22 % FHLMC and FNMA - Commercial — 14,883 79,238 13,794 107,915 1.82 % Total fair value $ 226,597 $ 182,066 $ 338,173 $ 10,567,101 $ 11,313,937 1.17 % Weighted Average Yield 1.19 % 1.17 % 1.61 % 1.15 % 1.17 % Total amortized cost $ 226,285 $ 179,386 $ 331,955 $ 10,672,327 $ 11,409,953 Contractual maturities of the Company’s investments in debt securities HTM at December 31, 2021 were as follows: (in thousands) Due Within One Year Due After 1 Within 5 Years Due After 5 Within 10 Years Due After 10 Years/No Maturity Total (1) Weighted Average Yield (2) ABS $ — $ 43,718 $ 46,323 $ — $ 90,041 1.37 % MBS: GNMA - Residential — — — 2,830,905 2,830,905 1.42 % GNMA - Commercial — — — 3,708,260 3,708,260 2.00 % Total fair value $ — $ 43,718 $ 46,323 $ 6,539,165 $ 6,629,206 1.74 % Weighted average yield — % 1.00 % 1.72 % 1.75 % 1.74 % Total amortized cost $ — $ 43,654 $ 46,068 $ 6,612,749 $ 6,702,471
Gross Unrealized Loss and Fair Value of Debt Securities Available-for-Sale	The following table presents the aggregate amount of unrealized losses as of December 31, 2021 and December 31, 2020 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: December 31, 2021 December 31, 2020 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 Corporate debt securities $ 173,255 $ (96) $ — $ — $ 98,800 $ (9) $ — $ — ABS 389,743 (205) 16,265 (261) — — 49,033 (1,236) MBS: GNMA - Residential 2,283,469 (19,068) 96,339 (624) 347,821 (1,334) 8,875 (16) GNMA - Commercial 1,795,619 (51,908) 89,640 (3,750) 103,891 (235) — — FHLMC and FNMA - Residential 3,315,452 (61,103) 109,769 (1,629) 1,040,474 (4,165) 22,749 (186) FHLMC and FNMA - Commercial 45,641 (59) — — — — 420 (2) Total investments in debt securities AFS $ 8,003,179 $ (132,439) $ 312,013 $ (6,264) $ 1,590,986 $ (5,743) $ 81,077 $ (1,440)
Summary of Debt Securities, Available-for-sale	The following table presents the amortized cost, gross unrealized gains and losses and approximate fair values of investments in debt securities AFS at the dates indicated: December 31, 2021 December 31, 2020 (in thousands) Amortized Gross Gross Fair Amortized Gross Gross Fair U.S. Treasury securities $ 72,860 $ 758 $ — $ 73,618 $ 168,075 $ 2,578 $ — $ 170,653 Corporate debt securities 275,963 140 (96) 276,007 155,610 114 (9) 155,715 ABS 537,835 353 (466) 537,722 109,888 686 (1,236) 109,338 State and municipal securities — — — — — — — — MBS: GNMA - Residential 4,064,718 21,169 (19,692) 4,066,195 3,467,611 69,864 (1,350) 3,536,125 GNMA - Commercial 2,086,437 2,060 (55,658) 2,032,839 1,706,648 26,949 (235) 1,733,362 FHLMC and FNMA - Residential 4,267,757 14,616 (62,732) 4,219,641 5,464,821 77,813 (4,351) 5,538,283 FHLMC and FNMA - Commercial 104,383 3,591 (59) 107,915 63,732 6,283 (2) 70,013 Total investments in debt securities AFS $ 11,409,953 $ 42,687 $ (138,703) $ 11,313,937 $ 11,136,385 $ 184,287 $ (7,183) $ 11,313,489
Summary of Held-to-maturity Securities	The following table presents the amortized cost, gross unrealized gains and losses and approximate fair values of investments in debt securities HTM at the dates indicated: December 31, 2021 December 31, 2020 (in thousands) Amortized Gross Gross Fair Amortized Gross Gross Fair ABS $ 89,722 $ 319 $ — $ 90,041 $ 44,841 $ 765 $ — $ 45,606 MBS: GNMA - Residential 2,862,595 13,412 (45,102) 2,830,905 1,966,247 51,417 (1,819) 2,015,845 GNMA - Commercial 3,750,154 25,524 (67,418) 3,708,260 3,493,597 124,429 (1,548) 3,616,478 Total investments in debt securities HTM $ 6,702,471 $ 39,255 $ (112,520) $ 6,629,206 $ 5,504,685 $ 176,611 $ (3,367) $ 5,677,929
Gross Unrealized Loss and Fair Value of Debt Securities Held-to-maturity	The following table presents the aggregate amount of unrealized losses as of December 31, 2021 and December 31, 2020 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: December 31, 2021 December 31, 2020 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 $ 2,051,851 $ (42,284) $ 81,034 $ (2,818) $ 212,471 $ (1,819) $ — $ — GNMA - Commercial 2,515,603 (61,377) 124,655 (6,041) 155,263 (1,548) — — Total investments in debt securities HTM $ 4,567,454 $ (103,661) $ 205,689 $ (8,859) $ 367,734 $ (3,367) $ — $ —
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: Year Ended December 31, (in thousands) 2021 2020 2019 Proceeds from the sales of AFS securities $ 1,326,299 $ 2,665,593 $ 1,423,579 Gross realized gains $ 18,267 $ 32,915 $ 9,496 Gross realized losses (3,786) (1,618) (3,680) Net realized gains/(losses) (1) $ 14,481 $ 31,297 $ 5,816 (1) Includes net realized gain/(losses) on trading securities of $(1.5) million, $(1.4) million, and $(0.8) million for the years ended December 31, 2021, 2020, and 2019 respectively.
Schedule of Other Investments	Other investments consisted of the following as of: (in thousands) December 31, 2021 December 31, 2020 FHLB of Pittsburgh and FRB stock $ 394,668 $ 435,330 LIHTC investments 370,493 313,603 Equity securities not held for trading (1) 45,186 14,494 Interest-bearing deposits with an affiliate bank 250,000 750,000 Trading securities 35,791 40,435 Total $ 1,096,138 $ 1,553,862 (1) Includes $3.0 million and $1.4 million of equity certificates related to an off-balance sheet securitization as of December 31, 2021 and December 31, 2020, respectively.

LOANS AND ALLOWANCE FOR CREDI_2

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)	12 Months Ended
	Dec. 31, 2021
Receivables [Abstract]
Schedule of Loans Receivable	The following presents the composition of gross loans and leases HFI by portfolio and by rate type: December 31, 2021 December 31, 2020 (dollars in thousands) Amount Percent Amount Percent Commercial LHFI: CRE loans $ 7,227,003 7.8 % $ 7,327,853 8.0 % C&I loans 14,710,864 16.0 % 16,537,899 17.9 % Multifamily loans 7,547,382 8.2 % 8,367,147 9.1 % Other commercial (2)(4) 8,170,031 8.9 % 7,455,504 8.1 % Total commercial LHFI 37,655,280 40.9 % 39,688,403 43.1 % Consumer loans secured by real estate: Residential mortgages 5,598,560 6.1 % 6,590,168 7.2 % Home equity loans and lines of credit 3,487,234 3.8 % 4,108,505 4.5 % Total consumer loans secured by real estate 9,085,794 9.9 % 10,698,673 11.7 % Consumer loans not secured by real estate: RICs and auto loans 43,183,098 46.9 % 40,698,642 44.1 % Personal unsecured loans 2,009,654 2.2 % 824,430 0.9 % Other consumer (3) 141,986 0.1 % 223,034 0.2 % Total consumer loans 54,420,532 59.1 % 52,444,779 56.9 % Total LHFI (1) $ 92,075,812 100.0 % $ 92,133,182 100.0 % Total LHFI: Fixed rate $ 64,774,941 70.3 % $ 64,036,154 69.5 % Variable rate 27,300,871 29.7 % 28,097,028 30.5 % Total LHFI (1) $ 92,075,812 100.0 % $ 92,133,182 100.0 % (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 o f $2.9 billion a nd $3.1 billion as of December 31, 2021 and December 31, 2020, respectively. (2) Other commercial includes CEVF leveraged leases and loans. (3) Other consumer primarily includes RV and marine loans. (4) Includes loans with a carrying value of $128.8 million for which a fair value hedge is recorded resulting in a fair value adjustment of $1.3 million.
Allowance for Credit Losses by Portfolio Segment	The activity in the ACL by portfolio segment for the years ended December 31, 2021 and 2020 was as follows: Year Ended December 31, 2021 (in thousands) Commercial Consumer Total ALLL, beginning of period $ 752,196 $ 6,586,297 $ 7,338,493 Credit loss expense / (benefit) (115,937) (49,051) (164,988) Charge-offs (142,630) (2,868,769) (3,011,399) Recoveries 73,681 2,225,623 2,299,304 Charge-offs, net of recoveries (68,949) (643,146) (712,095) ALLL, end of period $ 567,310 $ 5,894,100 $ 6,461,410 Reserve for unfunded lending commitments, beginning of period $ 119,129 $ 27,326 $ 146,455 Credit loss expense / (benefit) on unfunded lending commitments (27,938) (14,423) (42,361) Reserve for unfunded lending commitments, end of period 91,191 12,903 104,094 Total ACL, end of period $ 658,501 $ 5,907,003 $ 6,565,504 NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Year Ended December 31, 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 2016-13 198,919 2,383,711 (46,748) 2,535,882 Credit loss expense / (benefit) 298,780 2,525,185 — 2,823,965 Charge-offs (180,726) (3,589,539) — (3,770,265) Recoveries 35,394 2,067,328 — 2,102,722 Charge-offs, net of recoveries (145,332) (1,522,211) — (1,667,543) ALLL, end of period $ 752,196 $ 6,586,297 $ — $ 7,338,493 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 / (benefit) on unfunded lending commitments 23,114 21,104 — 44,218 Reserve for unfunded lending commitments, end of period 119,129 27,326 — 146,455 Total ACL, end of period $ 871,325 $ 6,613,623 $ — $ 7,484,948 Year Ended December 31, 2019 (in thousands) Commercial Consumer Unallocated Total ALLL, beginning of period $ 441,083 $ 3,409,024 $ 47,023 $ 3,897,130 Credit loss expense on loans 89,962 2,200,870 — 2,290,832 Charge-offs (185,035) (5,364,673) (275) (5,549,983) Recoveries 53,819 2,954,391 — 3,008,210 Charge-offs, net of recoveries (131,216) (2,410,282) (275) (2,541,773) ALLL, end of period $ 399,829 $ 3,199,612 $ 46,748 $ 3,646,189 Reserve for unfunded lending commitments, beginning of period $ 89,472 $ 6,028 $ — $ 95,500 Release of unfunded lending commitments 1,321 (136) — 1,185 Loss on unfunded lending commitments (4,859) — — (4,859) Reserve for unfunded lending commitments, end of period 85,934 5,892 — 91,826 Total ACL end of period $ 485,763 $ 3,205,504 $ 46,748 $ 3,738,015
Schedule of Non-accrual Loans	The amortized cost basis of financing receivables that are either non-accrual with related expected credit loss or non-accrual 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 (in thousands) December 31, 2021 December 31, 2020 December 31, 2021 December 31, 2020 Non-accrual loans: Commercial: CRE $ 31,752 $ 106,751 $ 24,112 $ 84,816 C&I 69,754 107,053 35,965 60,029 Multifamily 103,299 72,392 103,138 65,936 Other commercial 9,036 20,019 5,472 3,778 Total commercial loans 213,841 306,215 168,687 214,559 Consumer: Residential mortgages 123,548 160,172 71,463 98,308 Home equity loans and lines of credit 88,310 91,606 39,693 32,130 RICs and auto loans 1,467,928 1,174,317 202,193 191,370 Personal unsecured loans 2,892 — — — Other consumer 1,047 6,325 16 34 Total consumer loans 1,683,725 1,432,420 313,365 321,842 Total non-accrual loans 1,897,566 1,738,635 482,052 536,401 OREO 3,724 29,799 — — Repossessed vehicles 247,757 204,653 — — Foreclosed and other repossessed assets 294 3,247 — — Total OREO and other repossessed assets 251,775 237,699 — — Total non-performing assets $ 2,149,341 $ 1,976,334 $ 482,052 $ 536,401 (1) Interest income recognized on nonaccrual loans was $106.9 million and $108.5 million for the years ended December 31, 2021, and December 31, 2020 respectively.
Aging Analysis of Loan Portfolio	The amortized cost of past due loans and accruing loans 90 days or greater past due disaggregated by class of financing receivables is summarized as follows: As of: December 31, 2021 (in thousands) 30-89 90 Total Current Total Amortized Cost Commercial: CRE $ 4,287 $ 8,775 $ 13,062 $ 7,213,941 $ 7,227,003 $ — C&I (1) 31,475 19,862 51,337 14,747,739 14,799,076 — Multifamily 336 2,574 2,910 7,544,472 7,547,382 — Other commercial 77,842 2,674 80,516 8,089,515 8,170,031 — Consumer: Residential mortgages (2) 83,626 89,403 173,029 5,592,342 5,765,371 — Home equity loans and lines of credit 22,871 63,306 86,177 3,401,057 3,487,234 — RICs and auto loans 3,535,402 324,150 3,859,552 39,323,546 43,183,098 — Personal unsecured loans 10,361 5,206 15,567 1,994,087 2,009,654 2,314 Other consumer 3,493 564 4,057 137,929 141,986 — Total $ 3,769,693 $ 516,514 $ 4,286,207 $ 88,044,628 $ 92,330,835 $ 2,314 (1) C& I loans includes $88.2 million of LHFS at December 31, 2021. (2) Residential mortgages includes $166.8 million of LHFS at December 31, 2021. As of December 31, 2020 (in thousands) 30-89 90 Total Current Total Recorded Commercial: CRE $ 41,320 $ 70,304 $ 111,624 $ 7,244,247 $ 7,355,871 $ — C&I (1) 59,759 45,883 105,642 16,654,606 16,760,248 — Multifamily 47,116 66,664 113,780 8,257,122 8,370,902 — Other commercial 80,993 9,214 90,207 7,365,629 7,455,836 56 Consumer: Residential mortgages (2) 209,274 111,698 320,972 6,673,411 6,994,383 — Home equity loans and lines of credit 31,488 72,197 103,685 4,004,820 4,108,505 — RICs and auto loans 2,944,376 284,985 3,229,361 38,143,329 41,372,690 — Personal unsecured loans (3) 56,041 56,582 112,623 1,605,286 1,717,909 52,807 Other consumer 5,358 1,688 7,046 215,988 223,034 — Total $ 3,475,725 $ 719,215 $ 4,194,940 $ 90,164,438 $ 94,359,378 $ 52,863 (1) C&I loans included $222.3 million of LHFS at December 31, 2020. (2) Residential mortgages included $404.2 million of LHFS at December 31, 2020. (3) Personal unsecured loans included $893.5 million of LHFS at December 31, 2020. (4) RICs and auto loans includes $674.0 million of LHFS at December 31, 2020. (5) Multifamily loans includes $3.8 million of LHFS at December 31, 2020. (6) Other Commercial loans includes $332.0 thousand of LHFS at December 31, 2020. (7) CRE loans include $28.0 million of LHFS at December 31, 2020.
Financing Receivable Credit Quality Indicators	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: December 31, 2021 Commercial Loan Portfolio (1) (dollars in thousands) Amortized Cost by Origination Year Regulatory Rating: 2021 (3) 2020 2019 2018 2017 Prior Total (4) CRE Pass $ 986,225 $ 1,283,784 $ 1,308,729 $ 918,097 $ 446,715 $ 1,512,165 $ 6,455,715 Special mention — 9,490 26,892 118,103 117,703 35,135 307,323 Substandard 20,291 11,896 131,169 138,652 42,965 118,992 463,965 Doubtful — — — — — — — N/A — — — — — — — Total CRE $ 1,006,516 $ 1,305,170 $ 1,466,790 $ 1,174,852 $ 607,383 $ 1,666,292 $ 7,227,003 C&I Pass $ 3,828,736 $ 3,213,214 $ 2,179,598 $ 1,179,065 $ 574,141 $ 2,042,111 $ 13,016,865 Special mention 11,003 32,268 154,820 31,026 25,176 98,964 353,257 Substandard 62,742 62,305 11,859 50,384 47,020 197,121 431,431 Doubtful — — — — — — — N/A (2) 511,609 258,315 176,542 39,942 5,959 5,156 997,523 Total C&I $ 4,414,090 $ 3,566,102 $ 2,522,819 $ 1,300,417 $ 652,296 $ 2,343,352 $ 14,799,076 Multifamily Pass $ 1,575,287 $ 740,684 $ 1,522,367 $ 820,900 $ 729,510 $ 905,967 $ 6,294,715 Special mention 4,850 — 101,375 71,031 15,125 35,449 227,830 Substandard 3,981 83,994 233,045 345,510 135,289 223,018 1,024,837 Doubtful — — — — — — — N/A — — — — — — — Total Multifamily $ 1,584,118 $ 824,678 $ 1,856,787 $ 1,237,441 $ 879,924 $ 1,164,434 $ 7,547,382 Remaining commercial Pass $ 3,753,502 $ 1,864,509 $ 952,428 $ 446,979 $ 260,112 $ 858,640 $ 8,136,170 Special mention 2,959 — 3,007 5,169 625 1,741 13,501 Substandard 287 569 7,196 2,214 1,786 8,308 20,360 Doubtful — — — — — — — N/A — — — — — — — Total Remaining commercial $ 3,756,748 $ 1,865,078 $ 962,631 $ 454,362 $ 262,523 $ 868,689 $ 8,170,031 Total Commercial loans Pass $ 10,143,750 $ 7,102,191 $ 5,963,122 $ 3,365,041 $ 2,010,478 $ 5,318,883 $ 33,903,465 Special mention 18,812 41,758 286,094 225,329 158,629 171,289 901,911 Substandard 87,301 158,764 383,269 536,760 227,060 547,439 1,940,593 Doubtful — — — — — — — N/A (2) 511,609 258,315 176,542 39,942 5,959 5,156 997,523 Total commercial loans $ 10,761,472 $ 7,561,028 $ 6,809,027 $ 4,167,072 $ 2,402,126 $ 6,042,767 $ 37,743,492 (1) Includes $88.2 million of LHFS at December 31, 2021. (2) Consists of loans that have not been assigned a regulatory rating. (3) Loans originated during the year-to-date ended December 31, 2021. (4) Includes $362.7 million revolving loans converted to term loans. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) December 31, 2020 Commercial Loan Portfolio (1) (dollars in thousands) Amortized Cost by Origination Year Regulatory Rating: 2020 (3) 2019 2018 2017 2016 Prior Total (4) CRE Pass $ 722,210 $ 1,424,392 $ 1,656,560 $ 816,607 $ 542,979 $ 1,536,812 $ 6,699,560 Special mention 28,876 15,480 81,167 43,368 79,555 83,751 332,197 Substandard 8,259 16,609 29,761 33,833 45,936 189,716 324,114 Doubtful — — — — — — — N/A — — — — — — — Total CRE $ 759,345 $ 1,456,481 $ 1,767,488 $ 893,808 $ 668,470 $ 1,810,279 $ 7,355,871 C&I Pass $ 4,661,409 $ 3,365,828 $ 2,798,209 $ 868,373 $ 585,083 $ 2,305,305 $ 14,584,207 Special mention 11,000 136,413 134,388 49,601 99,042 254,102 684,546 Substandard 60,034 15,309 173,900 59,814 84,642 213,908 607,607 Doubtful 3,153 145 80 1,616 1,282 11,226 17,502 N/A(2) 411,319 294,652 75,091 15,101 15,388 54,835 866,386 Total C&I $ 5,146,915 $ 3,812,347 $ 3,181,668 $ 994,505 $ 785,437 $ 2,839,376 $ 16,760,248 Multifamily Pass $ 880,199 $ 1,938,271 $ 1,361,178 $ 1,198,819 $ 503,267 $ 1,365,066 $ 7,246,800 Special mention — 39,433 147,872 110,906 31,348 59,072 388,631 Substandard 5,355 104,945 203,437 148,251 49,445 224,038 735,471 Doubtful — — — — — — — N/A — — — — — — — Total Multifamily $ 885,554 $ 2,082,649 $ 1,712,487 $ 1,457,976 $ 584,060 $ 1,648,176 $ 8,370,902 Remaining commercial Pass $ 3,530,625 $ 1,416,704 $ 766,454 $ 443,244 $ 199,297 $ 1,038,584 $ 7,394,908 Special mention 53 11,096 11,271 105 83 8,102 30,710 Substandard 2,115 3,974 4,181 4,246 5,983 9,160 29,659 Doubtful 351 — 99 — 101 8 559 N/A — — — — — — — Total Remaining commercial $ 3,533,144 $ 1,431,774 $ 782,005 $ 447,595 $ 205,464 $ 1,055,854 $ 7,455,836 Total Commercial loans Pass $ 9,794,443 $ 8,145,195 $ 6,582,401 $ 3,327,043 $ 1,830,626 $ 6,245,767 $ 35,925,475 Special mention 39,929 202,422 374,698 203,980 210,028 405,027 1,436,084 Substandard 75,763 140,837 411,279 246,144 186,006 636,822 1,696,851 Doubtful 3,504 145 179 1,616 1,383 11,234 18,061 N/A(2) 411,319 294,652 75,091 15,101 15,388 54,835 866,386 Total commercial loans $ 10,324,958 $ 8,783,251 $ 7,443,648 $ 3,793,884 $ 2,243,431 $ 7,353,685 $ 39,942,857 (1) Includes $254.5 million of LHFS at December 31, 2020. (2) Consists of loans that have not been assigned a regulatory rating. (3) Loans originated during the year ended December 31, 2020. (4) Includes $599.5 million revolving loans converted to term loans. 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 December 31, 2021 RICs and auto loans (dollars in thousands) Amortized Cost by Origination Year (3) Credit Score Range 2021 (2) 2020 2019 2018 2017 Prior Total Percent No FICO (1) $ 1,427,962 $ 733,752 $ 449,965 $ 244,829 $ 201,129 $ 108,766 $ 3,166,403 7.4 % <600 7,410,017 3,768,302 2,574,070 1,488,371 580,881 515,318 16,336,959 37.8 % 600-639 3,574,644 1,585,530 1,056,397 537,222 165,318 141,316 7,060,427 16.3 % >=640 8,793,804 4,169,473 2,681,160 718,312 122,569 133,991 16,619,309 38.5 % Total $ 21,206,427 $ 10,257,057 $ 6,761,592 $ 2,988,734 $ 1,069,897 $ 899,391 $ 43,183,098 100.0 % (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 year-to-date ended December 31, 2021. (3) Excludes LHFS. As of December 31, 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) $ 1,326,026 $ 839,412 $ 450,539 $ 484,975 $ 230,382 $ 142,746 $ 3,474,080 8.5 % <600 6,056,260 4,373,991 2,648,215 1,126,742 685,830 634,480 15,525,518 38.2 % 600-639 2,782,566 1,912,731 1,001,985 335,111 229,690 173,501 6,435,584 15.8 % >=640 8,427,478 4,832,173 1,382,133 264,635 200,430 156,611 15,263,460 37.5 % Total $ 18,592,330 $ 11,958,307 $ 5,482,872 $ 2,211,463 $ 1,346,332 $ 1,107,338 $ 40,698,642 100.0 % (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 year ended December 31, 2020. (3) Excludes LHFS.
Schedule of Financing Receivable by LTV	110% — — — — — — — — LTV - N/A (2) 1,532 2,918 3,840 4,801 4,530 67,463 85,084 48,176 <600 LTV <= 70% $ 124 $ 782 $ 3,491 $ 9,835 $ 11,918 $ 107,603 $ 133,753 $ 116,942 70.01-90% 22 — 279 300 45 2,223 2,869 2,779 90.01-110% — — — — — 716 716 657 LTV>110% — — — — — 1,059 1,059 1,035 LTV - N/A (2) — — 25 — 100 60 185 184 600-639 LTV <= 70% $ 332 $ 1,764 $ 5,558 $ 10,950 $ 11,225 $ 91,711 $ 121,540 $ 111,806 70.01-90% 80 — 396 247 74 2,986 3,783 3,469 90.01-110% — — — — — 1,520 1,520 1,347 LTV>110% — — — — — 167 167 167 LTV - N/A (2) — — — — 15 520 535 535 640-679 LTV <= 70% $ 1,955 $ 6,071 $ 16,141 $ 23,548 $ 21,145 $ 149,878 $ 218,738 $ 209,365 70.01-90% 898 582 815 692 26 6,977 9,990 8,433 90.01-110% — — — — — 2,683 2,683 2,491 LTV>110% 66 — — — — 584 650 650 LTV - N/A (2) — — — — — 131 131 114 680-719 LTV <= 70% $ 14,566 $ 28,722 $ 39,326 $ 55,143 $ 51,826 $ 259,309 $ 448,892 $ 437,913 70.01-90% 7,155 788 2,726 1,677 282 9,901 22,529 21,834 90.01-110% 48 — — — — 3,824 3,872 3,600 LTV>110% 221 35 — — — 2,933 3,189 3,189 LTV - N/A (2) — — — — — 156 156 156 720-759 LTV <= 70% $ 29,419 $ 48,535 $ 58,649 $ 70,611 $ 80,215 $ 334,534 $ 621,963 $ 609,953 70.01-90% 11,448 2,044 2,939 1,752 287 12,044 30,514 29,561 90.01-110% 673 — — — — 1,599 2,272 2,211 LTV>110% 493 — — — — 2,539 3,032 2,967 LTV - N/A (2) 13 84 51 — 60 103 311 303 >=760 LTV <= 70% $ 80,540 $ 144,947 $ 173,781 $ 208,180 $ 183,234 $ 900,607 $ 1,691,289 $ 1,657,725 70.01-90% 19,362 4,222 3,948 2,111 102 29,500 59,245 57,819 90.01-110% 797 498 47 3 — 6,180 7,525 6,758 LTV>110% 2,578 587 — — — 2,199 5,364 5,362 LTV - N/A (2) 306 — 7 108 103 659 1,183 1,183 Total - All FICO Bands LTV <= 70% $ 127,312 $ 231,024 $ 297,239 $ 378,400 $ 359,912 $ 1,844,783 $ 3,238,670 $ 3,146,199 LTV 70.01 - 90% 38,965 7,636 11,103 6,779 816 63,631 128,930 123,895 LTV 90.01 - 110% 1,518 498 47 3 — 16,522 18,588 17,064 LTV>110% 3,358 622 — — — 9,481 13,461 13,370 LTV - N/A (2) 1,851 3,002 3,923 4,909 4,808 69,092 87,585 50,651 Grand Total $ 173,004 $ 242,782 $ 312,312 $ 390,091 $ 365,536 $ 2,003,509 $ 3,487,234 $ 3,351,179 (1) - (4) Refer to corresponding notes above. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) As of December 31, 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% $ 750 $ — $ 521 $ 500 $ — $ 3,148 $ 4,919 70.01-80% — — — — — — — 80.01-90% — — — — — — — 90.01-100% — — — — — — — 100.01-110% — — — — — — — LTV>110% — — — — — — — LTV - N/A(2) 109,388 2,170 1,200 1,547 1,485 4,410 120,200 <600 LTV <= 70% $ 876 $ 3,988 $ 6,255 $ 13,646 $ 13,775 $ 109,076 $ 147,616 70.01-80% 1,053 5,235 4,603 7,707 3,406 2,832 24,836 80.01-90% 221 8,801 8,442 1,577 — 1,102 20,143 90.01-100% 292 2,792 — — 219 690 3,993 100.01-110% — — — — — 353 353 LTV>110% — — — — — 1,445 1,445 LTV - N/A(2) — — — — — 92 92 600-639 LTV <= 70% $ 3,058 $ 3,923 $ 4,275 $ 11,593 $ 10,710 $ 81,496 $ 115,055 70.01-80% 1,585 4,839 3,901 5,300 2,040 2,935 20,600 80.01-90% 1,233 6,910 5,693 1,870 249 581 16,536 90.01-100% 2,321 2,364 — — — 193 4,878 100.01-110% — — — — — 707 707 LTV>110% — — — — — 333 333 LTV - N/A(2) — — — — — — — 640-679 LTV <= 70% $ 11,264 $ 21,946 $ 17,039 $ 24,447 $ 26,992 $ 124,559 $ 226,247 70.01-80% 12,585 18,756 8,079 7,117 1,377 2,426 50,340 80.01-90% 2,385 18,975 12,715 1,265 — 1,108 36,448 90.01-100% 7,256 4,501 — — — 573 12,330 100.01-110% — — — — — 240 240 LTV>110% — — — — — 432 432 LTV - N/A(2) — — — — — — — 680-719 LTV <= 70% $ 34,802 $ 49,625 $ 41,447 $ 56,362 $ 54,836 $ 196,173 $ 433,245 70.01-80% 38,582 37,546 20,202 18,615 5,047 4,556 124,548 80.01-90% 7,616 39,239 22,510 2,195 — 3,025 74,585 90.01-100% 29,050 8,147 — — — 526 37,723 100.01-110% 101 — — — — 475 576 LTV>110% — — — — — 802 802 LTV - N/A(2) — — — — — 73 73 720-759 LTV <= 70% $ 105,769 $ 89,140 $ 88,485 $ 145,301 $ 132,720 $ 285,308 $ 846,723 70.01-80% 81,595 62,488 29,767 25,421 8,163 5,334 212,768 80.01-90% 16,714 57,807 30,850 2,754 355 1,566 110,046 90.01-100% 37,846 12,066 — — — 563 50,475 100.01-110% — — — — — 68 68 LTV>110% — — — — — 206 206 LTV - N/A(2) — — — — — 227 227 >=760 LTV <= 70% $ 381,713 $ 335,559 $ 224,505 $ 456,792 $ 527,624 $ 1,066,295 $ 2,992,488 70.01-80% 221,896 227,139 71,681 48,411 17,893 8,473 595,493 80.01-90% 42,464 134,309 50,128 7,977 — 3,886 238,764 90.01-100% 37,279 21,057 — — 74 1,419 59,829 100.01-110% — — — 571 — 1,008 1,579 LTV>110% — — — — 92 1,734 1,826 LTV - N/A(2) — — — — — 381 381 Total - All FICO Bands LTV <= 70% $ 538,232 $ 504,181 $ 382,527 $ 708,641 $ 766,657 $ 1,866,055 $ 4,766,293 70.01-80% 357,296 356,003 138,233 112,571 37,926 26,556 1,028,585 80.01-90% 70,633 266,041 130,338 17,638 604 11,268 496,522 90.01-100% 114,044 50,927 — — 293 3,964 169,228 100.01-110% 101 — — 571 — 2,851 3,523 LTV>110% — — — — 92 4,952 5,044 LTV - N/A (2) 109,388 2,170 1,200 1,547 1,485 5,183 120,973 Grand Total $ 1,189,694 $ 1,179,322 $ 652,298 $ 840,968 $ 807,057 $ 1,920,829 $ 6,590,168 (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 year ended December 31, 2020. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) As of December 31, 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% $ — $ — $ — $ — $ 77 $ 531 $ 608 $ 608 70.01-90% 8 — — — — — 8 8 90.01-110% — — — — — — — — LTV>110% — — — — — — — — LTV - N/A(2) 2,840 4,407 5,504 5,514 4,083 83,060 105,408 53,654 <600 LTV <= 70% $ 727 $ 3,389 $ 7,255 $ 10,780 $ 15,566 $ 121,240 $ 158,957 $ 137,921 70.01-90% 238 1,901 4,029 2,727 1,698 13,383 23,976 21,484 90.01-110% — — — — — 2,389 2,389 2,017 LTV>110% — — — — — 2,391 2,391 2,369 LTV - N/A(2) — — — 15 — 562 577 555 600-639 LTV <= 70% $ 1,265 $ 2,589 $ 8,921 $ 13,240 $ 11,873 $ 100,148 $ 138,036 $ 128,515 70.01-90% 728 3,149 5,618 2,491 433 8,812 21,231 19,784 90.01-110% — — — — — 1,803 1,803 1,706 LTV>110% — — — — — 3,235 3,235 2,858 LTV - N/A(2) — — — — — 51 51 29 640-679 LTV <= 70% $ 4,983 $ 15,432 $ 23,718 $ 26,211 $ 19,167 $ 152,823 $ 242,334 $ 231,152 70.01-90% 2,166 8,599 10,455 5,391 1,377 17,425 45,413 44,187 90.01-110% — 53 — — — 6,279 6,332 5,784 LTV>110% 48 — — — — 723 771 533 LTV - N/A(2) 95 — — 100 — 70 265 265 680-719 LTV <= 70% $ 26,177 $ 31,112 $ 49,618 $ 53,778 $ 49,893 $ 249,565 $ 460,143 $ 444,254 70.01-90% 8,483 17,515 19,442 11,250 2,996 24,541 84,227 82,534 90.01-110% 90 — — — — 7,810 7,900 7,128 LTV>110% — — — — — 5,756 5,756 5,477 LTV - N/A(2) — 144 — 63 — 149 356 351 720-759 LTV <= 70% $ 39,927 $ 49,716 $ 62,795 $ 79,821 $ 68,503 $ 348,679 $ 649,441 $ 634,206 70.01-90% 14,064 28,552 30,553 15,094 5,386 35,066 128,715 126,755 90.01-110% — 69 — — — 8,270 8,339 7,128 LTV>110% — — — — — 7,611 7,611 7,313 LTV - N/A(2) 35 56 — 253 — 122 466 466 >=760 LTV <= 70% $ 112,532 $ 149,381 $ 178,602 $ 188,693 $ 156,633 $ 896,901 $ 1,682,742 $ 1,646,127 70.01-90% 30,306 61,647 60,023 34,640 11,120 86,265 284,001 280,811 90.01-110% 396 21 — — — 22,839 23,256 22,252 LTV>110% 710 62 — — — 9,700 10,472 9,899 LTV - N/A(2) 185 554 129 68 — 359 1,295 1,284 Total - All FICO Bands LTV <= 70% $ 185,611 $ 251,619 $ 330,909 $ 372,523 $ 321,712 $ 1,869,887 $ 3,332,261 $ 3,222,783 LTV 70.01 - 90% 55,993 121,363 130,120 71,593 23,010 185,492 587,571 575,563 LTV 90.01 - 110% 486 143 — — — 49,390 50,019 46,015 LTV>110% 758 62 — — — 29,416 30,236 28,449 LTV - N/A (2) 3,155 5,161 5,633 6,013 4,083 84,373 108,418 56,604 Grand Total $ 246,003 $ 378,348 $ 466,662 $ 450,129 $ 348,805 $ 2,218,558 $ 4,108,505 $ 3,929,414 (1) - (4) Refer to corresponding notes above" id="sjs-B9">Residential mortgage and home equity financing receivables by LTV and FICO range are summarized as follows: As of December 31, 2021 Residential Mortgages (1)(3) (dollars in thousands) Amortized Cost by Origination Year FICO Score 2021 (4) 2020 2019 2018 2017 Prior Grand Total N/A (2) LTV <= 70% $ — $ 714 $ — $ — $ 486 $ 2,556 $ 3,756 70.01-80% — — — — — — — 80.01-90% — — — — — — — 90.01-100% — — — — — — — 100.01-110% — — — — — — — LTV>110% — — — — — — — LTV - N/A (2) 11,604 906 677 337 469 2,551 16,544 <600 LTV <= 70% $ 473 $ 3,071 $ 6,423 $ 10,459 $ 15,692 $ 80,996 $ 117,114 70.01-80% 554 890 9,350 6,536 1,992 791 20,113 80.01-90% 1,107 758 122 — 194 323 2,504 90.01-100% 222 — — — — — 222 100.01-110% — — — — — — — LTV>110% — — — — — 1,199 1,199 LTV - N/A(2) — — — — — — — 600-639 LTV <= 70% $ 874 $ 7,579 $ 16,259 $ 5,273 $ 11,251 $ 65,491 $ 106,727 70.01-80% 1,597 3,333 7,608 3,120 1,037 605 17,300 80.01-90% 874 2,668 249 — — 686 4,477 90.01-100% 2,904 — — — — 651 3,555 100.01-110% — — — — — 29 29 LTV>110% — — — — — — — LTV - N/A (2) — — — — — 26 26 640-679 LTV <= 70% $ 11,217 $ 17,410 $ 17,973 $ 21,395 $ 26,162 $ 124,216 $ 218,373 70.01-80% 2,695 4,563 19,042 7,315 833 617 35,065 80.01-90% 4,623 4,128 838 — — 280 9,869 90.01-100% 5,978 — — — — 55 6,033 100.01-110% — — — — — — — LTV>110% — — — — — 120 120 LTV - N/A (2) — — — — — 11 11 680-719 LTV <= 70% $ 53,618 $ 50,541 $ 63,067 $ 33,964 $ 58,213 $ 207,741 $ 467,144 70.01-80% 22,651 13,754 27,627 11,358 1,027 1,842 78,259 80.01-90% 15,135 9,830 — — — 818 25,783 90.01-100% 13,058 — — — — 463 13,521 100.01-110% — — — — — 271 271 LTV>110% — — — — — 263 263 LTV - N/A(2) — — — — — 24 24 720-759 LTV <= 70% $ 151,630 $ 131,054 $ 95,045 $ 67,156 $ 87,133 $ 298,402 $ 830,420 70.01-80% 76,151 32,676 49,429 14,447 785 2,075 175,563 80.01-90% 22,071 19,657 — — — 113 41,841 90.01-100% 17,901 — — — — 673 18,574 100.01-110% — — — — — 71 71 LTV>110% — — — — — 139 139 LTV - N/A (2) — — — — — 123 123 >=760 LTV <= 70% $ 529,277 $ 620,743 $ 318,336 $ 155,536 $ 298,619 $ 1,033,587 $ 2,956,098 70.01-80% 163,425 72,961 90,219 26,116 1,025 4,136 357,882 80.01-90% 22,504 23,897 448 — 557 432 47,838 90.01-100% 19,656 — — — — 281 19,937 100.01-110% — — — — — 490 490 LTV>110% — — — — — 937 937 LTV - N/A (2) — — — — — 345 345 Total - All FICO Bands LTV <= 70% $ 747,089 $ 831,112 $ 517,103 $ 293,783 $ 497,556 $ 1,812,989 $ 4,699,632 70.01-80% 267,073 128,177 203,275 68,892 6,699 10,066 684,182 80.01-90% 66,314 60,938 1,657 — 751 2,652 132,312 90.01-100% 59,719 — — — — 2,123 61,842 100.01-110% — — — — — 861 861 LTV>110% — — — — — 2,658 2,658 LTV - N/A (2) 11,604 906 677 337 469 3,080 17,073 Grand Total $ 1,151,799 $ 1,021,133 $ 722,712 $ 363,012 $ 505,475 $ 1,834,429 $ 5,598,560 (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 year-to-date ended December 31, 2021. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) As of December 31, 2021 Home Equity Loans and Lines of Credit (2) (in thousands) Amortized Cost by Origination Year FICO Score 2021 (4) 2020 2019 2018 2017 Prior Total Revolving N/A (2) LTV <= 70% $ 376 $ 203 $ 293 $ 133 $ 349 $ 1,141 $ 2,495 $ 2,495 70.01-90% — — — — — — — — 90.01-110% — — — — — — — — LTV>110% — — — — — — — — LTV - N/A (2) 1,532 2,918 3,840 4,801 4,530 67,463 85,084 48,176 <600 LTV <= 70% $ 124 $ 782 $ 3,491 $ 9,835 $ 11,918 $ 107,603 $ 133,753 $ 116,942 70.01-90% 22 — 279 300 45 2,223 2,869 2,779 90.01-110% — — — — — 716 716 657 LTV>110% — — — — — 1,059 1,059 1,035 LTV - N/A (2) — — 25 — 100 60 185 184 600-639 LTV <= 70% $ 332 $ 1,764 $ 5,558 $ 10,950 $ 11,225 $ 91,711 $ 121,540 $ 111,806 70.01-90% 80 — 396 247 74 2,986 3,783 3,469 90.01-110% — — — — — 1,520 1,520 1,347 LTV>110% — — — — — 167 167 167 LTV - N/A (2) — — — — 15 520 535 535 640-679 LTV <= 70% $ 1,955 $ 6,071 $ 16,141 $ 23,548 $ 21,145 $ 149,878 $ 218,738 $ 209,365 70.01-90% 898 582 815 692 26 6,977 9,990 8,433 90.01-110% — — — — — 2,683 2,683 2,491 LTV>110% 66 — — — — 584 650 650 LTV - N/A (2) — — — — — 131 131 114 680-719 LTV <= 70% $ 14,566 $ 28,722 $ 39,326 $ 55,143 $ 51,826 $ 259,309 $ 448,892 $ 437,913 70.01-90% 7,155 788 2,726 1,677 282 9,901 22,529 21,834 90.01-110% 48 — — — — 3,824 3,872 3,600 LTV>110% 221 35 — — — 2,933 3,189 3,189 LTV - N/A (2) — — — — — 156 156 156 720-759 LTV <= 70% $ 29,419 $ 48,535 $ 58,649 $ 70,611 $ 80,215 $ 334,534 $ 621,963 $ 609,953 70.01-90% 11,448 2,044 2,939 1,752 287 12,044 30,514 29,561 90.01-110% 673 — — — — 1,599 2,272 2,211 LTV>110% 493 — — — — 2,539 3,032 2,967 LTV - N/A (2) 13 84 51 — 60 103 311 303 >=760 LTV <= 70% $ 80,540 $ 144,947 $ 173,781 $ 208,180 $ 183,234 $ 900,607 $ 1,691,289 $ 1,657,725 70.01-90% 19,362 4,222 3,948 2,111 102 29,500 59,245 57,819 90.01-110% 797 498 47 3 — 6,180 7,525 6,758 LTV>110% 2,578 587 — — — 2,199 5,364 5,362 LTV - N/A (2) 306 — 7 108 103 659 1,183 1,183 Total - All FICO Bands LTV <= 70% $ 127,312 $ 231,024 $ 297,239 $ 378,400 $ 359,912 $ 1,844,783 $ 3,238,670 $ 3,146,199 LTV 70.01 - 90% 38,965 7,636 11,103 6,779 816 63,631 128,930 123,895 LTV 90.01 - 110% 1,518 498 47 3 — 16,522 18,588 17,064 LTV>110% 3,358 622 — — — 9,481 13,461 13,370 LTV - N/A (2) 1,851 3,002 3,923 4,909 4,808 69,092 87,585 50,651 Grand Total $ 173,004 $ 242,782 $ 312,312 $ 390,091 $ 365,536 $ 2,003,509 $ 3,487,234 $ 3,351,179 (1) - (4) Refer to corresponding notes above. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) As of December 31, 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% $ 750 $ — $ 521 $ 500 $ — $ 3,148 $ 4,919 70.01-80% — — — — — — — 80.01-90% — — — — — — — 90.01-100% — — — — — — — 100.01-110% — — — — — — — LTV>110% — — — — — — — LTV - N/A(2) 109,388 2,170 1,200 1,547 1,485 4,410 120,200 <600 LTV <= 70% $ 876 $ 3,988 $ 6,255 $ 13,646 $ 13,775 $ 109,076 $ 147,616 70.01-80% 1,053 5,235 4,603 7,707 3,406 2,832 24,836 80.01-90% 221 8,801 8,442 1,577 — 1,102 20,143 90.01-100% 292 2,792 — — 219 690 3,993 100.01-110% — — — — — 353 353 LTV>110% — — — — — 1,445 1,445 LTV - N/A(2) — — — — — 92 92 600-639 LTV <= 70% $ 3,058 $ 3,923 $ 4,275 $ 11,593 $ 10,710 $ 81,496 $ 115,055 70.01-80% 1,585 4,839 3,901 5,300 2,040 2,935 20,600 80.01-90% 1,233 6,910 5,693 1,870 249 581 16,536 90.01-100% 2,321 2,364 — — — 193 4,878 100.01-110% — — — — — 707 707 LTV>110% — — — — — 333 333 LTV - N/A(2) — — — — — — — 640-679 LTV <= 70% $ 11,264 $ 21,946 $ 17,039 $ 24,447 $ 26,992 $ 124,559 $ 226,247 70.01-80% 12,585 18,756 8,079 7,117 1,377 2,426 50,340 80.01-90% 2,385 18,975 12,715 1,265 — 1,108 36,448 90.01-100% 7,256 4,501 — — — 573 12,330 100.01-110% — — — — — 240 240 LTV>110% — — — — — 432 432 LTV - N/A(2) — — — — — — — 680-719 LTV <= 70% $ 34,802 $ 49,625 $ 41,447 $ 56,362 $ 54,836 $ 196,173 $ 433,245 70.01-80% 38,582 37,546 20,202 18,615 5,047 4,556 124,548 80.01-90% 7,616 39,239 22,510 2,195 — 3,025 74,585 90.01-100% 29,050 8,147 — — — 526 37,723 100.01-110% 101 — — — — 475 576 LTV>110% — — — — — 802 802 LTV - N/A(2) — — — — — 73 73 720-759 LTV <= 70% $ 105,769 $ 89,140 $ 88,485 $ 145,301 $ 132,720 $ 285,308 $ 846,723 70.01-80% 81,595 62,488 29,767 25,421 8,163 5,334 212,768 80.01-90% 16,714 57,807 30,850 2,754 355 1,566 110,046 90.01-100% 37,846 12,066 — — — 563 50,475 100.01-110% — — — — — 68 68 LTV>110% — — — — — 206 206 LTV - N/A(2) — — — — — 227 227 >=760 LTV <= 70% $ 381,713 $ 335,559 $ 224,505 $ 456,792 $ 527,624 $ 1,066,295 $ 2,992,488 70.01-80% 221,896 227,139 71,681 48,411 17,893 8,473 595,493 80.01-90% 42,464 134,309 50,128 7,977 — 3,886 238,764 90.01-100% 37,279 21,057 — — 74 1,419 59,829 100.01-110% — — — 571 — 1,008 1,579 LTV>110% — — — — 92 1,734 1,826 LTV - N/A(2) — — — — — 381 381 Total - All FICO Bands LTV <= 70% $ 538,232 $ 504,181 $ 382,527 $ 708,641 $ 766,657 $ 1,866,055 $ 4,766,293 70.01-80% 357,296 356,003 138,233 112,571 37,926 26,556 1,028,585 80.01-90% 70,633 266,041 130,338 17,638 604 11,268 496,522 90.01-100% 114,044 50,927 — — 293 3,964 169,228 100.01-110% 101 — — 571 — 2,851 3,523 LTV>110% — — — — 92 4,952 5,044 LTV - N/A (2) 109,388 2,170 1,200 1,547 1,485 5,183 120,973 Grand Total $ 1,189,694 $ 1,179,322 $ 652,298 $ 840,968 $ 807,057 $ 1,920,829 $ 6,590,168 (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 year ended December 31, 2020. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) As of December 31, 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% $ — $ — $ — $ — $ 77 $ 531 $ 608 $ 608 70.01-90% 8 — — — — — 8 8 90.01-110% — — — — — — — — LTV>110% — — — — — — — — LTV - N/A(2) 2,840 4,407 5,504 5,514 4,083 83,060 105,408 53,654 <600 LTV <= 70% $ 727 $ 3,389 $ 7,255 $ 10,780 $ 15,566 $ 121,240 $ 158,957 $ 137,921 70.01-90% 238 1,901 4,029 2,727 1,698 13,383 23,976 21,484 90.01-110% — — — — — 2,389 2,389 2,017 LTV>110% — — — — — 2,391 2,391 2,369 LTV - N/A(2) — — — 15 — 562 577 555 600-639 LTV <= 70% $ 1,265 $ 2,589 $ 8,921 $ 13,240 $ 11,873 $ 100,148 $ 138,036 $ 128,515 70.01-90% 728 3,149 5,618 2,491 433 8,812 21,231 19,784 90.01-110% — — — — — 1,803 1,803 1,706 LTV>110% — — — — — 3,235 3,235 2,858 LTV - N/A(2) — — — — — 51 51 29 640-679 LTV <= 70% $ 4,983 $ 15,432 $ 23,718 $ 26,211 $ 19,167 $ 152,823 $ 242,334 $ 231,152 70.01-90% 2,166 8,599 10,455 5,391 1,377 17,425 45,413 44,187 90.01-110% — 53 — — — 6,279 6,332 5,784 LTV>110% 48 — — — — 723 771 533 LTV - N/A(2) 95 — — 100 — 70 265 265 680-719 LTV <= 70% $ 26,177 $ 31,112 $ 49,618 $ 53,778 $ 49,893 $ 249,565 $ 460,143 $ 444,254 70.01-90% 8,483 17,515 19,442 11,250 2,996 24,541 84,227 82,534 90.01-110% 90 — — — — 7,810 7,900 7,128 LTV>110% — — — — — 5,756 5,756 5,477 LTV - N/A(2) — 144 — 63 — 149 356 351 720-759 LTV <= 70% $ 39,927 $ 49,716 $ 62,795 $ 79,821 $ 68,503 $ 348,679 $ 649,441 $ 634,206 70.01-90% 14,064 28,552 30,553 15,094 5,386 35,066 128,715 126,755 90.01-110% — 69 — — — 8,270 8,339 7,128 LTV>110% — — — — — 7,611 7,611 7,313 LTV - N/A(2) 35 56 — 253 — 122 466 466 >=760 LTV <= 70% $ 112,532 $ 149,381 $ 178,602 $ 188,693 $ 156,633 $ 896,901 $ 1,682,742 $ 1,646,127 70.01-90% 30,306 61,647 60,023 34,640 11,120 86,265 284,001 280,811 90.01-110% 396 21 — — — 22,839 23,256 22,252 LTV>110% 710 62 — — — 9,700 10,472 9,899 LTV - N/A(2) 185 554 129 68 — 359 1,295 1,284 Total - All FICO Bands LTV <= 70% $ 185,611 $ 251,619 $ 330,909 $ 372,523 $ 321,712 $ 1,869,887 $ 3,332,261 $ 3,222,783 LTV 70.01 - 90% 55,993 121,363 130,120 71,593 23,010 185,492 587,571 575,563 LTV 90.01 - 110% 486 143 — — — 49,390 50,019 46,015 LTV>110% 758 62 — — — 29,416 30,236 28,449 LTV - N/A (2) 3,155 5,161 5,633 6,013 4,083 84,373 108,418 56,604 Grand Total $ 246,003 $ 378,348 $ 466,662 $ 450,129 $ 348,805 $ 2,218,558 $ 4,108,505 $ 3,929,414 (1) - (4) Refer to corresponding notes above
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) December 31, 2021 December 31, 2020 Performing $ 3,641,593 $ 3,850,622 Non-performing 607,824 473,507 Total (1) $ 4,249,417 $ 4,324,129 (1) Excludes LHFS.
Schedule of Troubled Debt Restructurings	The following tables detail the activity of TDRs for the years ended December 31, 2021 and 2020: Year Ended December 31, 2021 Number of Pre-TDR Amortized Cost (1) Post-TDR Amortized Cost (2) (dollars in thousands) Commercial: CRE 16 $ 52,090 $ 52,090 C&I 457 47,711 47,770 Multi-family 3 33,351 33,351 Other commercial 194 14,906 14,906 Consumer: Residential mortgages (3) 395 108,859 108,607 Home equity loans and lines of credit 557 85,358 85,837 RICs and auto loans 80,590 1,602,522 1,609,358 Personal unsecured loans 141 1,887 1,870 Other consumer 24 727 717 Total 82,377 $ 1,947,411 $ 1,954,506 (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. Year Ended December 31, 2020 Number of Pre-TDR Recorded (1) Post-TDR Recorded Investment (2) (dollars in thousands) Commercial: CRE 42 $ 59,989 $ 59,989 C&I 727 63,250 63,402 Multi-family 7 63,003 63,003 Other commercial 11 1,108 1,108 Consumer: Residential mortgages (3) 192 16,836 16,975 Home equity loans and lines of credit 80 7,490 7,863 RICs and auto loans 102,486 2,118,125 2,140,179 Personal unsecured loans 5 7 — Other consumer 15 1,389 1,826 Total 103,565 $ 2,331,197 $ 2,354,345 (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. NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued) Year Ended December 31, 2019 Number of Pre-TDR Recorded (1) Post-TDR Recorded Investment (2) (dollars in thousands) Commercial: CRE 57 $ 101,885 $ 98,984 C&I 91 2,591 2,601 Consumer: Residential mortgages (3) 112 15,232 15,498 Home equity loans and lines of credit 148 14,671 15,795 RICs and auto loans 74,528 1,276,639 1,280,312 Personal unsecured loans 211 2,543 2,572 Other consumer 2 — — Total 75,149 $ 1,413,561 $ 1,415,762 Year Ended December 31, 2021 2020 2019 Number of Recorded Investment (1) Number of Recorded Investment (1) Number of Recorded Investment (1) (dollars in thousands) Commercial CRE 2 $ 1,182 35 $ 17,168 10 $ 6,020 C&I 109 11,269 57 11,043 122 37,433 Multifamily — — 3 41,629 — — Other commercial 1 17 2 625 5 35 Consumer: Residential mortgages 105 33,689 33 5,278 142 16,368 Home equity loans and lines of credit 26 2,378 24 3,783 25 1,867 RICs and auto loans 18,659 362,157 16,016 291,050 22,666 375,341 Personal unsecured loans 17 254 — — 215 2,061 Other consumer 8 198 1 45 — — Total 18,927 $ 411,144 16,171 $ 370,621 23,185 $ 439,125 (1) Represents the period-end balance. Does not include Chapter 7 bankruptcy TDRs.

OPERATING LEASE ASSETS, NET (Ta

OPERATING LEASE ASSETS, NET (Tables)	12 Months Ended
	Dec. 31, 2021
Leases [Abstract]
Schedule of Operating Lease Assets, Net	Operating lease assets, net consisted of the following as of December 31, 2021 and December 31, 2020: (in thousands) December 31, 2021 December 31, 2020 Leased vehicles $ 19,662,593 $ 22,056,063 Less: accumulated depreciation (3,789,882) (4,796,595) Depreciated net capitalized cost 15,872,711 17,259,468 Manufacturer Subvention payments, net of accretion (604,104) (934,381) Origination fees and other costs 136,013 66,020 Leased vehicles, net 15,404,620 16,391,107 Commercial equipment vehicles and aircraft, gross 2,677 28,661 Less: accumulated depreciation (895) (6,839) Commercial equipment vehicles and aircraft, net 1,782 21,822 Total operating lease assets, net $ 15,406,402 $ 16,412,929
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 December 31, 2021 (in thousands): 2022 $ 2,303,803 2023 1,581,934 2024 470,148 2025 50,564 2026 15 Thereafter 9 Total $ 4,406,473

PREMISES AND EQUIPMENT (Tables)

PREMISES AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Summary of Premises and Equipment	Estimated useful lives are as follows: Office buildings 10 to 30 years Leasehold improvements (1) 10 to 30 years Software (2) 3 to 7 years Furniture, fixtures and equipment 3 to 10 years Automobiles 5 years (1) Leasehold improvements are depreciated over the shorter of the useful lives of the assets or the remaining term of the leases. A summary of premises and equipment, less accumulated depreciation, follows: (in thousands) December 31, 2021 December 31, 2020 Land $ 77,310 $ 81,613 Office buildings 156,967 166,586 Furniture, fixtures, and equipment 598,240 519,565 Leasehold improvement 585,956 556,509 Computer software 1,239,795 1,090,515 Automobiles and other 10,952 1,696 Total premise and equipment 2,669,220 2,416,484 Less accumulated depreciation (1,812,827) (1,629,143) Total premises and equipment, net $ 856,393 $ 787,341

GOODWILL AND OTHER INTANGIBLES

GOODWILL AND OTHER INTANGIBLES (Tables)	12 Months Ended
	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The following table presents the Company's goodwill by its reporting units as of December 31, 2021: (in thousands) CBB C&I CRE & VF CIB SC Total Goodwill at December 31, 2021 $ 297,802 $ 52,198 $ 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. December 31, 2021 December 31, 2020 (in thousands) Net Carrying Accumulated Amortization (2) Net Carrying Accumulated Intangibles subject to amortization: Dealer networks $ 283,958 $ (186,042) $ 308,768 $ (271,232) Chrysler relationship 20,000 (118,750) 35,000 (103,750) Trade name — — 12,300 (5,700) Other intangibles (1) 35,121 (48,541) 1,479 (55,694) Total intangibles subject to amortization $ 339,079 $ (353,333) $ 357,547 $ (436,376) (1) Includes intangible assets with a book value of approximately $38 million added during the year in connection with the close of its agreement with Crédit Agricole Corporate and Investment Bank, S.A.to take over management of global wealth management client assets and liabilities. This intangible asset will be amortized over a six year useful life. (2) Includes removal of accumulated amortization on fully-amortized intangible assets.
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 (in thousands) 2022 $ 45,862 2023 34,608 2024 30,750 2025 30,709 2026 28,763 Thereafter 168,387

OTHER ASSETS (Tables)

OTHER ASSETS (Tables)	12 Months Ended
	Dec. 31, 2021
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 December 31, 2021 and December 31, 2020: (in thousands) December 31, 2021 December 31, 2020 Operating lease ROU assets $ 531,408 $ 540,222 Deferred tax assets 87,931 11,114 Accrued interest receivable 482,469 634,509 Derivative assets at fair value 661,080 1,219,090 Other repossessed assets 248,051 207,900 Equity method investments 260,010 272,633 MSRs 79,107 77,545 OREO 3,724 29,799 Income tax receivables 173,060 225,736 Prepaid expense 283,909 225,251 Miscellaneous assets and receivables 524,674 608,431 Total Other assets $ 3,335,423 $ 4,052,230
Maturity of Lease Liabilities	Supplemental balance sheet information related to leases was as follows: Maturity of Lease Liabilities at December 31, 2021 Total Operating leases (in thousands) 2022 $ 139,494 2023 123,029 2024 108,389 2025 83,308 2026 56,744 Thereafter 135,835 Total lease liabilities $ 646,799 Less: Interest (53,662) Present value of lease liabilities $ 593,137
Operating Lease Term, Rate and Other Information	Supplemental Balance Sheet Information December 31, 2021 December 31, 2020 Operating lease ROU assets $531,408 $540,222 Other liabilities $593,137 $606,000 Weighted-average remaining lease term (years) 6.4 6.5 Weighted-average discount rate 2.8% 2.9% Year Ended December 31, Other Information 2021 2020 (in thousands) Operating cash flows from operating leases (1) $ (144,199) $ (140,953) Leased assets obtained in exchange for new operating lease liabilities $ 98,924 $ 33,930 (1) Activity is included within the net change in other liabilities on the Consolidated SCF.

VIEs (Tables)

VIEs (Tables)	12 Months Ended
	Dec. 31, 2021
Variable Interest Entity and Securitizations [Abstract]
Schedule of Variable Interest Entities	The assets of consolidated VIEs presented based upon the legal transfer of the underlying assets in order to reflect legal ownership, 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: (in thousands) December 31, 2021 December 31, 2020 Assets Restricted cash $ 1,637,311 $ 1,737,021 LHFS — 581,938 LHFI 20,551,716 22,572,549 Operating lease assets, net 14,668,336 16,391,107 Various other assets 629,364 791,306 Total Assets $ 37,486,727 $ 42,073,921 Liabilities Notes payable $ 29,199,966 $ 31,700,709 Various other liabilities 81,098 84,922 Total Liabilities $ 29,281,064 $ 31,785,631
Summary of Cash Flows Received	A summary of the cash flows received from the consolidated Trusts for the years ended December 31, 2021, 2020, and 2019, is as follows: Year Ended December 31, (in thousands) 2021 2020 2019 Assets securitized $ 22,023,982 $ 18,288,882 $ 22,286,033 Net proceeds from new securitizations (1) $ 19,353,730 $ 14,319,697 $ 17,199,821 Net proceeds from sale of retained bonds 241,233 58,491 251,602 Cash received for servicing fees (2) 956,291 976,307 990,612 Net distributions from Trusts (2) 5,645,995 3,940,774 3,615,461 Total cash received from Trusts $ 26,197,249 $ 19,295,269 $ 22,057,496 (1) Includes additional advances on existing securitizations. (2) These amounts are not reflected in the accompanying Condensed 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) December 31, 2021 December 31, 2020 Related party SPAIN securitizations $ 554,040 $ 1,214,644 Third-party SCART serviced securitizations 1,817,936 929,429 Third-party CCAP securitizations — 82,713 Total serviced for other portfolio $ 2,371,976 $ 2,226,786
Summary of Securitization Transactions	A summary of cash flows received from Trusts for the years ended December 31, 2021, 2020, and 2019, respectively, were as follows: Year Ended December 31, (in thousands) 2021 2020 2019 Receivables securitized (1) 1,891,278 1,148,587 — Net proceeds from new securitizations 1,779,532 1,052,541 — Cash received for servicing fees 30,952 24,256 34,068 Total cash received from Trusts $ 1,810,484 $ 1,076,797 $ 34,068 (1) Represents the unpaid principal balance at the time of original securitization.

DEPOSITS AND OTHER CUSTOMER A_2

DEPOSITS AND OTHER CUSTOMER ACCOUNTS (Tables)	12 Months Ended
	Dec. 31, 2021
Deposits [Abstract]
Summary of Deposits and Other Customer Accounts	Deposits and other customer accounts are summarized as follows: December 31, 2021 December 31, 2020 (dollars in thousands) Balance Percent of total deposits Balance Percent of total deposits Interest-bearing demand deposits $ 16,335,499 20.0 % $ 11,097,595 14.7 % Non-interest-bearing demand deposits 22,443,957 27.5 % 21,800,278 28.9 % Savings 5,564,934 6.8 % 4,827,065 6.4 % Customer repurchase accounts 338,698 0.4 % 323,398 0.4 % Money market 34,390,613 42.1 % 33,358,315 44.4 % CDs 2,524,471 3.2 % 3,897,056 5.2 % Total deposits (1) $ 81,598,172 100.0 % $ 75,303,707 100.0 % (1) Includes foreign deposits, as defined by the FRB, of $6.4 billion and $5.8 billion at December 31, 2021 and December 31, 2020, respectively.
Summary of Interest Expense on Deposits	Interest expense on deposits and other customer accounts is summarized as follows: YEAR ENDED DECEMBER 31, (in thousands) 2021 2020 2019 Interest-bearing demand deposits $ 5,973 $ 22,878 $ 82,152 Savings 2,021 7,806 13,132 Customer repurchase accounts 262 647 1,643 Money market 55,463 164,730 317,299 CDs 23,384 94,344 160,245 Total Deposits $ 87,103 $ 290,405 $ 574,471
Schedule of Maturity of Certificates of Deposit Equal One Hundred Thousand Dollars or More	The following table sets forth the maturity of the Company's CDs of $100,000 or more at December 31, 2021 as scheduled to mature contractually: (in thousands) Three months or less $ 563,146 Over three through six months 150,603 Over six through twelve months 324,165 Over twelve months 202,450 Total $ 1,240,364
Schedule of Maturity of All Certificates of Deposit	The following table sets forth the maturity of all the Company's CDs at December 31, 2021 as scheduled to mature contractually: (in thousands) 2022 $ 1,997,152 2023 291,857 2024 115,933 2025 43,252 2026 73,741 Thereafter 2,536 Total $ 2,524,471

BORROWINGS (Tables)

BORROWINGS (Tables)	12 Months Ended
	Dec. 31, 2021
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: December 31, 2021 December 31, 2020 (dollars in thousands) Balance Effective Balance Effective Parent Company 4.45% senior notes due December 2021 $ — — % $ 491,411 4.61 % 3.70% senior notes due March 2022 706,819 3.67 % 707,896 3.67 % Senior notes due June 2022 (1) — — % 427,925 1.84 % Senior notes due January 2023 (2) 720,947 1.28 % 720,904 2.06 % 3.40% senior notes due January 2023 998,599 3.54 % 997,298 3.54 % 5.83% senior notes due March 2023 — — % 500,000 5.83 % 3.50% senior notes due April 2023 447,107 3.52 % 447,039 3.52 % Senior notes due July 2023 (2) 439,085 1.29 % 439,022 2.04 % 2.88% senior notes due January 2024 (3) 750,000 2.88 % 750,000 2.88 % 3.50% senior notes due June 2024 997,610 3.60 % 996,687 3.60 % 3.45% senior notes, due June 2025 995,983 3.58 % 994,871 3.58 % 4.50% senior notes due July 2025 1,097,667 4.56 % 1,097,074 4.56 % 3.24% senior notes, due November 2026 918,851 3.97 % 913,239 3.97 % 4.40% senior notes, due July 2027 1,049,565 4.40 % 1,049,531 4.40 % 2.88% subordinate note, due November 2031 (3) 500,000 2.88 % — — % Short-term borrowing due within one year, with an affiliate — — % 123,453 2.00 % Subsidiaries 2.00% subordinated debt maturing through 2040 11 2.00 % 11 2.00 % Short-term borrowing with an affiliate, maturing January 2021 — — % 200,000 0.10 % Short-term borrowing due within one year, maturing January 2022 57,365 0.05 % 15,750 0.05 % Total Parent Company and subsidiaries' borrowings and other debt obligations $ 9,679,609 3.44 % $ 10,872,111 3.57 % (1) This note will bear interest at a rate equal to the three-month LIBOR plus 100 basis points per annum. (2) These notes will bear interest at a rate equal to the three-month LIBOR plus 110 basis points per annum. (3) These notes are payable to SHUSA's parent company, Santander. The following table presents information regarding SBNA's borrowings and other debt obligations at the dates indicated: December 31, 2021 December 31, 2020 (dollars in thousands) Balance Effective Balance Effective FHLB advances, maturing through May 2022 $ 250,000 0.93 % $ 1,150,000 0.64 % Credit linked notes due December 2031 (1) 293,749 2.53 % — — % Total Bank borrowings and other debt obligations $ 543,749 1.79 % $ 1,150,000 0.64 % (1) Issued in December 2021 in the amount of $298 million. Notes are tied to the performance of a $2 billion reference pool of SBNA prime auto loans. The contractual residual amount is $36 million. The following tables present information regarding SC's credit facilities as of December 31, 2021 and 2020 , respectively: December 31, 2021 (dollars in thousands) Balance Committed Amount Effective Assets Pledged Restricted Cash Pledged Warehouse line due November 2022 $ — $ 500,000 — % $ — $ — Warehouse line due January 2023 — 1,000,000 — % — — Warehouse line due March 2023 — 1,250,000 — % — 1 Warehouse line due June 2023 — 500,000 — % — — Warehouse line due July 2023 — 600,000 — % — — Warehouse line due October 2023 — 500,000 — % 12,428 — Warehouse line due October 2023 — 2,100,000 — % — 64 Warehouse line due November 2023 — 1,000,000 — % — — Warehouse line due November 2023 — 3,500,000 — % 124,624 — Total facilities with third parties $ — $ 10,950,000 — % $ 137,052 $ 65 Promissory note with Santander due June 2022 $ 2,000,000 $ 2,000,000 2.03 % $ — $ — Promissory note with Santander due September 2022 2,000,000 2,000,000 1.01 % — — Total facilities with related parties $ 4,000,000 $ 4,000,000 1.52 % $ — $ — Total SC credit facilities $ 4,000,000 $ 14,950,000 1.52 % $ 137,052 $ 65 December 31, 2020 (dollars in thousands) Balance Committed Amount Effective Assets Pledged Restricted Cash Pledged Repurchase facility due January 2021 $ 167,967 $ 167,967 1.64 % $ 217,200 $ — Warehouse line due January 2022 415,700 1,000,000 1.81 % 595,518 — Warehouse line due March 2022 942,845 1,250,000 1.34 % 1,621,206 1 Warehouse line due July 2022 — 900,000 1.46 % — 1,684 Warehouse line due August 2022 — 500,000 1.50 % 159,348 — Warehouse line due November 2022 177,600 500,000 1.18 % 371,959 — Warehouse line due October 2022 168,300 500,000 3.07 % 243,649 1,201 Warehouse line due October 2022 845,800 2,100,000 3.29 % 1,156,885 — Warehouse line due October 2022 1,000,600 1,500,000 1.85 % 639,875 — Warehouse line due October 2022 441,143 3,500,000 3.45 % 2,057,758 — Total facilities with third parties $ 4,159,955 $ 11,917,967 2.21 % $ 7,063,398 $ 2,886 Promissory note with Santander due June 2022 $ 2,000,000 $ 2,000,000 1.40 % $ — $ — Promissory note with Santander due September 2022 2,000,000 2,000,000 1.04 % — — Total facilities with related parties $ 4,000,000 $ 4,000,000 1.22 % $ — $ — Total SC credit facilities $ 8,159,955 $ 15,917,967 1.72 % $ 7,063,398 $ 2,886 The following tables present information regarding SC's secured structured financings as of December 31, 2021 and 2020 , respectively: December 31, 2021 (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 July 2022 and March 2029 (1) $ 23,531,904 $ 54,534,275 0.48% - 3.42% $ 30,692,331 $ 1,621,026 SC privately issued amortizing notes maturing on various dates between June 2022 and December 2027 (3) 3,377,925 8,761,563 1.28% - 3.90% 5,728,292 16,220 Total SC secured structured financings $ 26,909,829 $ 63,295,838 0.48% - 3.90% $ 36,420,623 $ 1,637,246 (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. December 31, 2020 (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 May 2022 and May 2028 $ 18,942,160 $ 44,775,735 0.60% - 3.42% $ 25,022,577 $ 1,710,351 SC privately issued amortizing notes maturing on various dates between June 2022 and December 2027 7,235,241 10,747,563 1.28% - 3.90% 11,232,123 23,784 Total SC secured structured financings $ 26,177,401 $ 55,523,298 0.60% - 3.90% $ 36,254,700 $ 1,734,135
Schedule of Maturities of Consolidated Borrowings and Debt Obligations	The following table sets forth the maturities of the Company's consolidated borrowings and debt obligations at December 31, 2021 (in thousands) 2022 $ 1,190,821 2023 8,421,789 2024 10,697,810 2025 8,767,449 2026 5,137,069 Thereafter 6,918,249 Total $ 41,133,187

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME / (LOSS) (Tables)	12 Months Ended
	Dec. 31, 2021
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income / (Loss)	The following table presents the components of AOCI, net of related tax, for the years ended December 31, 2021, 2020, and 2019, respectively. Total Other Total Accumulated Year Ended December 31, 2021 December 31, 2020 December 31, 2021 (in thousands) Pretax Tax Net Activity Beginning Net Ending Change in AOCI on cash flow hedge derivative financial instruments $ (227,528) $ 57,129 $ (170,399) Reclassification adjustment for net (gains)/losses on cash flow hedge derivative financial instruments (1) 15,870 (3,655) 12,215 Net unrealized gains/(losses) on cash flow hedge derivative financial instruments (211,658) 53,474 (158,184) $ 78,167 $ (158,184) $ (80,017) Change in unrealized gains/(losses) on investments in debt securities (252,439) 66,417 (186,022) Reclassification adjustment for net (gains)/losses included in net income/(expense) on debt securities AFS (2) (14,481) 3,335 (11,146) Net unrealized gains/(losses) on investments in debt securities (266,920) 69,752 (197,168) 117,263 (197,168) (79,905) Pension and post-retirement actuarial gain / (loss) (3) 1,144 (197) 947 (29,135) 947 (28,188) As of December 31, 2021 $ (477,434) $ 123,029 $ (354,405) $ 166,295 $ (354,405) $ (188,110) (1) Net gains/(losses) reclassified into Interest on borrowings and other debt obligations in the 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 Consolidated Statements of Operations for the sale of debt securities AFS. (3) Included in the computation of net periodic pension costs. Total Other Total Accumulated Year Ended December 31, 2020 December 31, 2019 December 31, 2020 (in thousands) Pretax Tax Net Activity Beginning Net Ending Change in AOCI on cash flow hedge derivative financial instruments $ 155,226 $ (57,416) $ 97,810 Reclassification adjustment for net (gains)/losses on cash flow hedge derivative financial instruments (1) 550 (79) 471 Net unrealized gains/(losses) on cash flow hedge derivative financial instruments 155,776 (57,495) 98,281 $ (20,114) $ 98,281 $ 78,167 Change in unrealized gains/(losses) on investments in debt securities 244,766 (66,663) 178,103 Reclassification adjustment for net (gains)/losses included in net income/(expense) on debt securities AFS (2) (54,897) 16,937 (37,960) Net unrealized gains/(losses) on investments in debt securities 189,869 (49,726) 140,143 (22,880) 140,143 117,263 Pension and post-retirement actuarial gain / (loss) (3) 15,450 628 16,078 (45,213) 16,078 (29,135) As of December 31, 2020 $ 361,095 $ (106,593) $ 254,502 $ (88,207) $ 254,502 $ 166,295 (1)- (3) Refer to the corresponding explanations in the table NOTE 11. ACCUMULATED OTHER COMPREHENSIVE INCOME / (LOSS) (continued) Total Other Comprehensive Income/(Loss) Total Accumulated Year Ended December 31, 2019 December 31, 2018 December 31, 2019 (in thousands) Pretax Tax Net Activity Beginning Net Ending Change in AOCI on cash flow hedge derivative financial instruments $ 14,372 $ (14,910) $ (538) Reclassification adjustment for net (gains)/losses on cash flow hedge derivative financial instruments (1) 344 (107) 237 Net unrealized gains/(losses) on cash flow hedge derivative financial instruments 14,716 (15,017) (301) $ (19,813) $ (301) $ (20,114) Change in unrealized gains/(losses) on investments in debt securities 303,208 (75,962) 227,246 Reclassification adjustment for net (gains)/losses included in net income/(expense) on debt securities AFS (2) (5,816) 1,457 (4,359) Net unrealized gains/(losses) on investments in debt securities 297,392 (74,505) 222,887 (245,767) 222,887 (22,880) Pension and post-retirement actuarial gain / (loss) (3) 10,280 579 10,859 (56,072) 10,859 (45,213) As of December 31, 2019 $ 322,388 $ (88,943) $ 233,445 $ (321,652) $ 233,445 $ (88,207)

STOCKHOLDER'S EQUITY (Tables)

STOCKHOLDER'S EQUITY (Tables)	12 Months Ended
	Dec. 31, 2021
Equity [Abstract]
Schedule of Transactions with Santander	Additional transactions with Santander during 2019 that are disclosed within the Consolidated Statements of Stockholder's Equity are shown net are disclosed within the table below: Impact to common stock and paid in capital (in thousands) March 2019 contribution $ 34,330 May 2019 contribution 41,571 July 2019 contribution 13,026 2019 net contribution from shareholder $ 88,927

SECURITIES FINANCING ACTIVITI_2

SECURITIES FINANCING ACTIVITIES (Tables)	12 Months Ended
	Dec. 31, 2021
Banking and Thrift, Other Disclosures [Abstract]
Schedule of Securities Financing Transactions	Securities borrowed and purchased under agreements to resell, at their respective carrying values, consisted of the following: (in thousands) December 31, 2021 December 31, 2020 Securities purchased under agreements to resell $ 2,422,042 $ — Securities borrowed 2,924,426 — Total $ 5,346,468 $ — Securities loaned or sold under agreements to repurchase, at their respective carrying values, consisted of the following: (in thousands) December 31, 2021 December 31, 2020 Securities sold under agreements to repurchase $ 5,258,875 $ —
Offsetting of Financial Assets	At December 31, 2021, the following amounts of securities financing assets or liabilities qualified for offset in the Consolidated Balance Sheets. December 31, 2021 (in thousands) Gross amounts of recognized assets Gross amounts offset on the Consolidated Balance Sheets (1) Net amounts of assets included on the Consolidated Balance Sheets Securities purchased under agreements to resell $ 2,746,948 $ (324,906) $ 2,422,042 Securities borrowed 2,924,426 — 2,924,426 Total $ 5,671,374 $ (324,906) $ 5,346,468 December 31, 2021 (in thousands) Gross amounts of recognized liabilities Gross amounts offset on the Consolidated Balance Sheets (1) Net amounts of liabilities included on the Consolidated Balance Sheets Securities sold under agreements to repurchase $ 5,583,781 $ (324,906) $ 5,258,875 (1) Includes financial instruments subject to enforceable master netting agreements that are permitted to be offset under ASC 210-20-45. Information about financial assets and liabilities that are eligible for offset on the Consolidated Balance Sheets as of December 31, 2021 and December 31, 2020, 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 December 31, 2021 Fair value hedges $ 1,843 $ — $ 1,843 $ 1,843 Cash flow hedges 42,130 — 42,130 $ — 42,130 Other derivative activities (1) 614,255 — 614,255 41,899 572,356 Total derivatives subject to a master netting arrangement or similar arrangement 658,228 — 658,228 41,899 616,329 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 2,852 — 2,852 122 2,730 Total Derivative Assets $ 661,080 $ — $ 661,080 $ 42,021 $ 619,059 December 31, 2020 Cash flow hedges $ 177,837 $ — $ 177,837 $ 85,065 $ 92,772 Other derivative activities (1) 1,028,051 — 1,028,051 7,771 1,020,280 Total derivatives subject to a master netting arrangement or similar arrangement 1,205,888 — 1,205,888 92,836 1,113,052 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 13,202 — 13,202 — 13,202 Total Derivative Assets $ 1,219,090 $ — $ 1,219,090 $ 92,836 $ 1,126,254 (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 Consolidated Balance Sheets. Financial instruments that are pledged to the Company are not reflected in the accompanying Consolidated Balance Sheets since the Company does not control or have the ability to re-hypothecate these instruments.
Offsetting of Financial Liabilities	At December 31, 2021, the following amounts of securities financing assets or liabilities qualified for offset in the Consolidated Balance Sheets. December 31, 2021 (in thousands) Gross amounts of recognized assets Gross amounts offset on the Consolidated Balance Sheets (1) Net amounts of assets included on the Consolidated Balance Sheets Securities purchased under agreements to resell $ 2,746,948 $ (324,906) $ 2,422,042 Securities borrowed 2,924,426 — 2,924,426 Total $ 5,671,374 $ (324,906) $ 5,346,468 December 31, 2021 (in thousands) Gross amounts of recognized liabilities Gross amounts offset on the Consolidated Balance Sheets (1) Net amounts of liabilities included on the Consolidated Balance Sheets Securities sold under agreements to repurchase $ 5,583,781 $ (324,906) $ 5,258,875 (1) Includes financial instruments subject to enforceable master netting agreements that are permitted to be offset under ASC 210-20-45. 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 December 31, 2021 Fair value hedges $ — $ — $ — $ — Cash flow hedges 111,093 — 111,093 $ 59,073 52,020 Other derivative activities (1) 579,099 2,058 577,041 268,352 308,689 Total derivatives subject to a master netting arrangement or similar arrangement 690,192 2,058 688,134 327,425 360,709 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 21 — 21 21 — Total Derivative Liabilities $ 690,213 $ 2,058 $ 688,155 $ 327,446 $ 360,709 December 31, 2020 Cash flow hedges $ 70,771 $ — $ 70,771 $ 70,589 $ 182 Other derivative activities (1) 997,420 3,517 993,903 584,971 408,932 Total derivatives subject to a master netting arrangement or similar arrangement 1,068,191 3,517 1,064,674 655,560 409,114 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 3,835 — 3,835 2,382 1,453 Total Derivative Liabilities $ 1,072,026 $ 3,517 $ 1,068,509 $ 657,942 $ 410,567 (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 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.
Schedule of Underlying Assets of Repurchase Agreements when Amount of Repurchase Agreements Exceeds 10 Percent of Assets	The following tables present the gross amounts of liabilities associated with Securities Financing Activities by remaining contractual maturity: December 31, 2021 (in thousands) Open and overnight Up to 30 days 31-90 days Greater than 90 days Total Securities sold under agreements to repurchase $ 5,583,781 $ — $ — $ — $ 5,583,781 NOTE 13. SECURITIES FINANCING ACTIVITIES (continued) The following tables present the gross amounts of liabilities associated with Securities Financing Activities by class of underlying collateral as of December 31, 2021: (in thousands) Repurchase agreements U.S. Treasury $ 3,124,781 Residential agency MBS $ 2,459,000 Total $ 5,583,781

DERIVATIVES (Tables)

DERIVATIVES (Tables)	12 Months Ended
	Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	Derivatives designated as accounting hedges at December 31, 2021 and December 31, 2020 included: (dollars in thousands) Notional Asset Liability Weighted Average Receive Rate Weighted Average Pay Weighted Average Life December 31, 2021 Fair value hedges: Cross-currency swaps $ 14,743 $ 655 $ — 1.34 % 7.30 % 1.84 Interest rate swaps 128,789 1,188 — 0.05 % 0.71 % 3.59 Cash flow hedges: Pay variable - receive fixed interest rate swaps 11,995,000 41,980 111,093 0.88 % 0.09 % 2.28 Interest rate floor 925,000 150 — 0.03 % — % 1.68 Total $ 13,063,532 $ 43,973 $ 111,093 0.81 % 0.10 % 2.25 December 31, 2020 Cash flow hedges: Pay fixed — receive variable interest rate swaps $ 2,450,000 $ 124 $ 70,589 0.18 % 1.50 % 1.90 Pay variable - receive fixed interest rate swaps 8,745,000 150,206 182 1.16 % 0.14 % 2.12 Interest rate floor 3,525,000 27,507 — 1.28 % — % 1.10 Total $ 14,720,000 $ 177,837 $ 70,771 1.03 % 0.33 % 1.84
Schedule of Other Derivative Activities	Other derivative activities at December 31, 2021 and December 31, 2020 included: Notional Asset derivatives Liability derivatives (in thousands) December 31, 2021 December 31, 2020 December 31, 2021 December 31, 2020 December 31, 2021 December 31, 2020 Mortgage banking derivatives: Forward commitments to sell loans $ 264,188 $ 520,299 $ — $ — $ 21 $ 3,835 Interest rate lock commitments 99,752 262,471 2,852 13,202 — — Mortgage servicing 593,000 495,000 15,841 33,419 8,111 13,402 Total mortgage banking risk management 956,940 1,277,770 18,693 46,621 8,132 17,237 Customer-related derivatives: Swaps receive fixed 14,801,189 15,350,026 400,168 901,509 89,767 8,778 Swaps pay fixed 15,141,223 15,749,590 102,312 14,644 383,987 874,260 Other 6,384,285 3,781,316 25,542 15,446 26,741 13,782 Total customer-related derivatives 36,326,697 34,880,932 528,022 931,599 500,495 896,820 Other derivative activities: Foreign exchange contracts 5,085,973 4,258,869 35,899 52,530 33,836 62,616 Interest rate swap agreements — 250,000 — — — 12,934 Interest rate cap agreements 7,007,441 10,199,134 34,290 4,617 — — Options for interest rate cap agreements 7,007,441 10,199,134 — — 34,290 4,617 Other 111,373 240,083 203 5,886 2,367 7,031 Total $ 56,495,865 $ 61,305,922 $ 617,107 $ 1,041,253 $ 579,120 $ 1,001,255
Impact of Derivative Activities in the Condensed Consolidated Statement of Operations	The following Consolidated Statement of Operations line items were impacted by the Company’s derivative activities for the years ended December 31, 2021 and 2020: (in thousands) Year Ended December 31, Line Item 2021 2020 2019 Fair value hedges: Cross-currency swaps Net interest income $ 655 $ — $ — Interest rate swaps Net interest income 1,188 — — Cash flow hedges: Pay fixed-receive variable interest rate swaps Interest expense on borrowings (31,280) (26,103) 36,920 Pay variable receive-fixed interest rate swap Interest income on loans 99,618 54,845 (39,086) Interest rate floors Interest income on loans 21,355 37,057 (1,741) Other derivative activities: Forward commitments to sell loans Miscellaneous income, net 3,814 (3,442) 4,477 Interest rate lock commitments Miscellaneous income, net (10,351) 10,160 365 Mortgage servicing Miscellaneous income, net (8,245) 31,227 24,244 Customer-related derivatives Miscellaneous income, net 5,859 30,552 2,538 Foreign exchange Miscellaneous income, net 29,547 9,237 32,565 Interest rate swaps, caps, and options Miscellaneous income, net 96 (11,371) (14,092) Other Miscellaneous income, net (369) 425 (408) (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	At December 31, 2021, the following amounts of securities financing assets or liabilities qualified for offset in the Consolidated Balance Sheets. December 31, 2021 (in thousands) Gross amounts of recognized assets Gross amounts offset on the Consolidated Balance Sheets (1) Net amounts of assets included on the Consolidated Balance Sheets Securities purchased under agreements to resell $ 2,746,948 $ (324,906) $ 2,422,042 Securities borrowed 2,924,426 — 2,924,426 Total $ 5,671,374 $ (324,906) $ 5,346,468 December 31, 2021 (in thousands) Gross amounts of recognized liabilities Gross amounts offset on the Consolidated Balance Sheets (1) Net amounts of liabilities included on the Consolidated Balance Sheets Securities sold under agreements to repurchase $ 5,583,781 $ (324,906) $ 5,258,875 (1) Includes financial instruments subject to enforceable master netting agreements that are permitted to be offset under ASC 210-20-45. Information about financial assets and liabilities that are eligible for offset on the Consolidated Balance Sheets as of December 31, 2021 and December 31, 2020, 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 December 31, 2021 Fair value hedges $ 1,843 $ — $ 1,843 $ 1,843 Cash flow hedges 42,130 — 42,130 $ — 42,130 Other derivative activities (1) 614,255 — 614,255 41,899 572,356 Total derivatives subject to a master netting arrangement or similar arrangement 658,228 — 658,228 41,899 616,329 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 2,852 — 2,852 122 2,730 Total Derivative Assets $ 661,080 $ — $ 661,080 $ 42,021 $ 619,059 December 31, 2020 Cash flow hedges $ 177,837 $ — $ 177,837 $ 85,065 $ 92,772 Other derivative activities (1) 1,028,051 — 1,028,051 7,771 1,020,280 Total derivatives subject to a master netting arrangement or similar arrangement 1,205,888 — 1,205,888 92,836 1,113,052 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 13,202 — 13,202 — 13,202 Total Derivative Assets $ 1,219,090 $ — $ 1,219,090 $ 92,836 $ 1,126,254 (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 Consolidated Balance Sheets. Financial instruments that are pledged to the Company are not reflected in the accompanying Consolidated Balance Sheets since the Company does not control or have the ability to re-hypothecate these instruments.
Offsetting of Financial Liabilities	At December 31, 2021, the following amounts of securities financing assets or liabilities qualified for offset in the Consolidated Balance Sheets. December 31, 2021 (in thousands) Gross amounts of recognized assets Gross amounts offset on the Consolidated Balance Sheets (1) Net amounts of assets included on the Consolidated Balance Sheets Securities purchased under agreements to resell $ 2,746,948 $ (324,906) $ 2,422,042 Securities borrowed 2,924,426 — 2,924,426 Total $ 5,671,374 $ (324,906) $ 5,346,468 December 31, 2021 (in thousands) Gross amounts of recognized liabilities Gross amounts offset on the Consolidated Balance Sheets (1) Net amounts of liabilities included on the Consolidated Balance Sheets Securities sold under agreements to repurchase $ 5,583,781 $ (324,906) $ 5,258,875 (1) Includes financial instruments subject to enforceable master netting agreements that are permitted to be offset under ASC 210-20-45. 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 December 31, 2021 Fair value hedges $ — $ — $ — $ — Cash flow hedges 111,093 — 111,093 $ 59,073 52,020 Other derivative activities (1) 579,099 2,058 577,041 268,352 308,689 Total derivatives subject to a master netting arrangement or similar arrangement 690,192 2,058 688,134 327,425 360,709 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 21 — 21 21 — Total Derivative Liabilities $ 690,213 $ 2,058 $ 688,155 $ 327,446 $ 360,709 December 31, 2020 Cash flow hedges $ 70,771 $ — $ 70,771 $ 70,589 $ 182 Other derivative activities (1) 997,420 3,517 993,903 584,971 408,932 Total derivatives subject to a master netting arrangement or similar arrangement 1,068,191 3,517 1,064,674 655,560 409,114 Total derivatives not subject to a master netting arrangement or similar arrangement (2) 3,835 — 3,835 2,382 1,453 Total Derivative Liabilities $ 1,072,026 $ 3,517 $ 1,068,509 $ 657,942 $ 410,567 (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 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)	12 Months Ended
	Dec. 31, 2021
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 December 31, 2021 and 2020: (in thousands) Level 1 Level 2 Level 3 Balance at December 31, 2021 Level 1 Level 2 Level 3 Balance at Financial assets: U.S. Treasury securities $ 73,618 $ — $ — $ 73,618 $ — $ 170,653 $ — $ 170,653 Corporate debt — 276,007 — 276,007 — 155,715 — 155,715 ABS — 537,722 — 537,722 — 58,945 50,393 109,338 MBS — 10,426,590 — 10,426,590 — 10,877,783 — 10,877,783 Investment in debt securities AFS (2) 73,618 11,240,319 — 11,313,937 — 11,263,096 50,393 11,313,489 Other investments - trading securities 64 35,727 — 35,791 — 40,435 — 40,435 RICs HFI (3) — — 33,529 33,529 — — 50,391 50,391 LHFS (1)(4) — 166,811 — 166,811 — 265,428 — 265,428 MSRs — — 79,107 79,107 — — 77,545 77,545 Other assets - derivatives (2) — 658,187 2,893 661,080 — 1,205,690 13,400 1,219,090 Total financial assets (5) $ 73,682 $ 12,101,044 $ 115,529 $ 12,290,255 $ — $ 12,774,649 $ 191,729 $ 12,966,378 Financial liabilities: Other liabilities - derivatives (2) — 687,846 2,367 690,213 — 1,068,074 3,952 1,072,026 Total financial liabilities $ — $ 687,846 $ 2,367 $ 690,213 $ — $ 1,068,074 $ 3,952 $ 1,072,026 (1) LHFS disclosed on the 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) Refer to Note 2 for the fair value of investment securities and to Note 14 for the fair values of derivative assets and liabilities on a further disaggregated basis. (3) RI Cs collateralized by vehicle titles at SC and RV/marine loans at SBNA. (4) Residential mortgage loans. (5) Approximately $115.5 million of these financial assets were measured using model-based techniques, or Level 3 inputs, and represented approximately 0.9% of total assets measured at fair value on a recurring basis and approximately 0.1% of total consolidated assets.
Rollforward for Recurring Assets and Liabilities	The tables below present the changes in Level 3 balances for the years ended December 31, 2021 and 2020, respectively, for those assets and liabilities measured at fair value on a recurring basis. Year Ended December 31, 2021 Year Ended December 31, 2020 (in thousands) Investments RICs HFI MSRs Derivatives, net Total Investments RICs HFI MSRs Derivatives, net Total Balances, beginning of period $ 50,393 $ 50,391 $ 77,545 $ 9,448 $ 187,777 $ 63,235 $ 84,334 $ 130,855 $ 255 $ 278,679 Losses in OCI (393) — — — (393) (588) — — — (588) Gains/(losses) in earnings — — 12,414 (8,922) 3,492 — 14,374 (37,543) 8,878 (14,291) Additions/Issuances — 1,171 14,116 — 15,287 — 2,512 12,377 — 14,889 Transfer from level 2 (2) — 3,774 — — 3,774 — 17,634 — — 17,634 Settlements (1) (50,000) (21,807) (24,968) — (96,775) (12,254) (68,463) (28,144) 315 (108,546) Balances, end of period $ — $ 33,529 $ 79,107 $ 526 $ 113,162 $ 50,393 $ 50,391 $ 77,545 $ 9,448 $ 187,777 Changes in unrealized gains (losses) included in earnings related to balances still held at end of period $ — $ — $ 12,414 $ 1,428 $ 13,842 $ — $ 14,374 $ (37,543) $ (1,282) $ (24,451) (1) Settlements include charge-offs, prepayments, paydowns and maturities. (2) The Company transferred RICs from Level 2 to Level 3 during the years ended December 31 2021 and 2020 because the fair value for these assets cannot be determined by using readily observable inputs. There were no other transfers into or out of Level 3 during the years ended December 31, 2021 or 2020.
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 $ — $ 17,180 $ 614 $ 17,794 $ — $ 32,609 $ 11,925 $ 44,534 Foreclosed assets — 1,322 — 1,322 — 8,232 23,528 31,760 Vehicle inventory — 271,396 — 271,396 — 313,754 — 313,754 LHFS (1) — — 88,212 88,212 — — 1,960,768 1,960,768 Auto loans impaired due to bankruptcy — 202,448 — 202,448 — 191,785 — 191,785 Goodwill — — 2,596,161 2,596,161 — — 2,596,161 2,596,161 (1) These amounts include zero and $0.9 billion of personal LHFS that were impaired as of December 31, 2021 and 2020 , respectively. On March 16, 2021 the Company sold the personal lending portfolio. Refer to Note 1 for more information.
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 Consolidated Statements of Operations relating to assets held at period-end: Year Ended December 31, (in thousands) Statement of Operations Location 2021 2020 2019 Impaired LHFI Credit loss expense $ (8,807) $ 1,127 $ (15,495) Foreclosed assets Miscellaneous income, net (1) (368) (4,980) (13,648) LHFS Credit loss expense — (1,607) — LHFS Miscellaneous income — (509,223) (404,606) Auto loans impaired due to bankruptcy Credit loss expense — — (9,106) Goodwill impairment Impairment of goodwill (1) (2) — (1,848,228) — MSRs Miscellaneous income, net (1) — (138) (633) (1) Gains are disclosed as positive numbers while losses are shown as a negative number regardless of the line item being affected.
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 December 31, 2021 and 2020, respectively: (dollars in thousands) Fair Value at December 31, 2021 (3) Valuation Technique Unobservable Inputs Range Financial Assets: MSRs $ 79,107 DCF CPR (1) 7.42% - 82.71% (12.86%) Discount rate (2) 9.35 % (1) 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. (2) 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. (3) Excluded insignificant Level 3 assets and liabilities. NOTE 15. FAIR VALUE (continued) (dollars in thousands) Fair Value at December 31, 2020 Valuation Technique Unobservable Inputs Range Financial Assets: ABS Financing bonds $ 50,393 DCF Discount rate (1) 0.22% Personal LHFS (4) 893,479 Lower of market or income approach Market participant view 60.00% - 70.00% Discount rate 20.00% - 30.00% Default rate 35.00% - 45.00% Net principal & interest payment rate 65.00% - 75.00% Loss severity rate 90.00% - 95.00% RICs HFS $ 674,048 DCF Discount Rate 1.5% - 2.5% (2.0%) Default Rate 2.0% - 4.0% (3.0%) Prepayment Rate 10.0% - 20.0% (15.0%) Loss Severity Rate 50.0% - 60.0% (55.0%) MSRs 77,545 DCF CPR (2) 7.66% - 45.35% (16.11%) Discount rate (3) 9.37 % (1), (2), (3) - See corresponding footnotes to the December 31, 2021 Level 3 significant inputs table above. (4) Excludes non-significant Level 3 LHFS portfolios. 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.
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: December 31, 2021 December 31, 2020 (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 $ 19,305,530 $ 19,305,530 $ 19,305,530 $ — $ — $ 12,621,281 $ 12,621,281 $ 12,621,281 $ — $ — Federal funds sold and securities purchased under resale agreements or similar arrangements 5,346,468 5,372,052 — 5,372,052 — — — — — — Investments in debt securities AFS 11,313,937 11,313,937 73,618 11,240,319 — 11,313,489 11,313,489 — 11,263,096 50,393 Investments in debt securities HTM 6,702,471 6,629,206 — 6,629,206 — 5,504,685 5,677,929 — 5,677,929 — Other investments (2) 285,791 286,526 64 286,462 — 790,435 801,056 — 801,056 — LHFI, net 85,614,402 89,039,439 — 17,180 89,022,259 84,794,689 89,395,086 — 32,609 89,362,477 LHFS 255,023 255,023 — 166,811 88,212 2,226,196 2,226,196 — 265,428 1,960,768 Restricted cash 5,711,705 5,711,705 5,711,705 — — 5,303,460 5,303,460 5,303,460 — — MSRs 79,107 79,107 — — 79,107 77,545 77,545 — — 77,545 Derivatives 661,080 661,080 — 658,187 2,893 1,219,090 1,219,090 — 1,205,690 13,400 Financial liabilities: Deposits (1) 2,524,471 2,524,707 — 2,524,707 — 3,897,056 3,920,096 — 3,920,096 — Federal funds purchased and securities loaned or sold under repurchase agreements 5,258,875 5,258,874 — 5,258,874 — — — — — — Borrowings and other debt obligations 41,133,187 41,600,737 — 33,874,253 7,726,484 46,359,467 47,081,852 — 30,538,951 16,542,901 Derivatives 690,213 690,213 — 687,846 2,367 1,072,026 1,072,026 — 1,068,074 3,952 (1) This line item excludes deposit liabilities with no defined or contractual maturities in accordance with ASU 2016-01. ( 2) 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 December 31, 2021 and 2020: December 31, 2021 December 31, 2020 (in thousands) Fair Value Aggregate UPB Difference Fair Value Aggregate UPB Difference LHFS (1) $ 166,811 $ 162,525 $ 4,286 $ 265,428 $ 250,822 $ 14,606 RICs HFI 33,529 33,737 (208) 50,391 50,624 (233) Nonaccrual loans 435 457 (22) 1,474 2,178 (704) (1) LHFS disclosed on the 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)	12 Months Ended
	Dec. 31, 2021
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: Year Ended December 31, (in thousands) 2021 2020 2019 Non-interest income: Consumer and commercial fees $ 437,041 $ 471,901 $ 548,846 Lease income 2,899,816 3,037,284 2,872,857 Capital market revenue 250,268 227,421 197,042 Miscellaneous income, net Mortgage banking income, net 50,656 49,082 44,315 BOLI 60,091 58,981 62,782 Net gain on sale of operating leases 443,809 243,189 135,948 Asset and wealth management fees 235,561 208,732 175,611 Gain / (loss) on sale of non-mortgage loans (19,228) (366,976) (397,965) Other miscellaneous income / (loss), net 79,692 (10,923) 83,865 Net gain on sale of investment securities 14,481 31,297 5,816 Total Non-interest income $ 4,452,187 $ 3,949,988 $ 3,729,117
Disaggregation of Revenue from Contracts with Customers	The following table presents the Company's Non-interest income disaggregated by revenue source: Year Ended December 31, (in thousands) 2021 2020 2019 Non-interest income: In-scope of revenue from contracts with customers: Depository services (1) $ 178,196 $ 190,011 $ 241,167 Commission and trailer fees (2) 209,422 192,355 160,665 Interchange income, net (2) 73,195 64,394 67,524 Underwriting service fees (2) 157,506 137,007 97,211 Asset and wealth management fees (2) 143,151 127,612 145,515 Other revenue from contracts with customers (2) 41,444 60,351 39,885 Total in-scope of revenue from contracts with customers 802,914 771,730 751,967 Out-of-scope of revenue from contracts with customers: Consumer and commercial fees (3) 197,228 233,699 256,412 Lease income 2,899,816 3,037,284 2,872,857 Other miscellaneous income / (loss), net (3) 537,748 (124,022) (157,935) Net gain/(loss) on sale of investment securities 14,481 31,297 5,816 Total out-of-scope of revenue from contracts with customers 3,649,273 3,178,258 2,977,150 Total non-interest income $ 4,452,187 $ 3,949,988 $ 3,729,117 (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: Year Ended December 31, (in thousands) 2021 2020 2019 Other expenses: Amortization of intangibles $ 44,749 $ 58,661 $ 58,993 Deposit insurance premiums and other expenses 34,506 50,238 64,734 Loss on debt extinguishment — 10,887 2,735 Other administrative expenses 433,738 390,573 518,138 Other miscellaneous expenses 35,265 50,193 42,830 Total Other expenses $ 548,258 $ 560,552 $ 687,430

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit)	The provision for income taxes in the Consolidated Statements of Operations is comprised of the following components: Year Ended December 31, (in thousands) 2021 2020 2019 Current: Foreign $ (1) $ (1,096) $ 491 Federal 138,293 103,260 40,964 State 309,656 63,346 91,592 Total current 447,948 165,510 133,047 Deferred: Foreign (7) 4,797 38,471 Federal 704,337 (213,105) 263,970 State (68,695) (67,847) 36,711 Total deferred 635,635 (276,155) 339,152 Total income tax provision/(benefit) $ 1,083,583 $ (110,645) $ 472,199
Schedule of Effective Income Tax Rate Reconciliation	The following is a reconciliation of the U.S. federal statutory rate of 21.0% for the years ended December 31, 2021, 2020, and 2019 to the Company's ETR for each of the years indicated: Year Ended December 31, 2021 2020 2019 Federal income tax at statutory rate 21.0 % 21.0 % 21.0 % Increase/(decrease) in taxes resulting from: Valuation allowance 0.1 % (1.8) % 2.4 % Tax-exempt income (0.1) % 1.3 % (0.9) % Section 162(m) limitation 0.1 % (0.4) % 0.2 % Non-deductible FDIC insurance premiums 0.1 % (1.2) % 0.8 % BOLI (0.2) % 1.6 % (0.9) % State income taxes, net of federal tax benefit 4.1 % (2.4) % 6.1 % General business tax credits (0.6) % 2.7 % (1.6) % Electric vehicle credits (1.4) % 0.2 % (0.4) % Basis difference in unconsolidated subsidiaries — % 34.7 % 3.4 % Uncertain tax position reserve — % 0.4 % (0.1) % Goodwill impairment — % (37.8) % — % Other (0.1) % (3.9) % 1.2 % ETR 23.0 % 14.4 % 31.2 %
Schedule of Deferred Tax Assets and Liabilities	The tax effects of temporary differences that give rise to the deferred tax assets and deferred tax liabilities are presented below: At December 31, (in thousands) 2021 2020 Deferred tax assets: ALLL $ 281,769 $ 349,186 IRC Section 475 mark-to-market adjustment 663,794 670,294 Unrealized loss on available-for-sale securities 22,579 — Unrealized loss on derivatives 16,556 — HTM 2,294 3,417 Net operating loss carryforwards 819,831 1,883,130 Lease liability 151,005 167,165 Employee benefits 106,339 87,471 General business credit & other tax credit carryforwards 395,690 486,937 Broker commissions paid on originated mortgage loans 5,117 7,444 Minimum tax credit carryforwards 1 1,337 Goodwill amortization — 38,390 Accrued expenses 18,188 69,401 Recourse reserves 7,897 6,322 Deferred interest expense 76,060 74,324 Depreciation and amortization 813,726 684,382 Deferred income 34,124 — Other 123,122 139,525 Total gross deferred tax assets 3,538,092 4,668,725 Valuation allowance (298,558) (371,559) Total deferred tax assets 3,239,534 4,297,166 Deferred tax liabilities: Purchase accounting adjustments 87,329 72,559 Deferred income — 10,357 Originated MSRs 22,727 23,290 Unrealized gain on AFS securities — 45,070 Unrealized gain on derivatives — 28,788 ROU asset 137,466 157,081 Leasing transactions (1) 3,503,688 3,933,789 Other 171,733 197,472 Total gross deferred tax liabilities 3,922,943 4,468,406 Net deferred tax (liability) $ (683,409) $ (171,240) (1) The leasing transactions deferred tax liability is primarily related to accelerated tax depreciation on leasing transactions.
Summary of Operating Loss Carryforwards	At December 31, 2021, the Company has recorded the following: (in thousands) Gross Deferred Tax Balance Valuation Allowance Final Expiration Year (1) Net operating loss carryforwards $ 768,325 $ 212,597 N/A State net operating loss carryforwards 51,506 5,641 2039 General business credit carryforward 395,690 77,091 2041 Minimum tax credit carryforward 1 — N/A Deferred tax timing differences 2,322,569 3,229 N/A Total $ 3,538,091 $ 298,558 (1) These will expire in varying amounts through the final expiration year.
Schedule of Unrecognized Tax Benefits Roll Forward	At December 31, 2021, the Company had reserves related to tax benefits from uncertain tax positions of $21.6 million. A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows: (in thousands) Unrecognized Tax Benefits Accrued Interest and Penalties Total Gross unrecognized tax benefits at January 1, 2019 $ 45,303 $ 42,467 $ 87,770 Additions based on tax positions related to 2019 270 — 270 Additions for tax positions of prior years 12,716 1,779 14,495 Reductions for tax positions of prior years (4,652) (35,554) (40,206) Reductions to unrecognized tax benefits as a result of a lapse of the applicable statute of limitations (3,900) (2,134) (6,034) Settlements — — — Gross unrecognized tax benefits at December 31, 2019 49,737 6,558 56,295 Additions based on tax positions related to 2020 — — — Additions for tax positions of prior years — 1,118 1,118 Reductions for tax positions of prior years (3,096) (1,579) (4,675) Reductions to unrecognized tax benefits as a result of a lapse of the applicable statute of limitations (93) (52) (145) Settlements (785) (154) (939) Gross unrecognized tax benefits at December 31, 2020 45,763 5,891 51,654 Additions based on tax positions related to the current year — — — Additions for tax positions of prior years — 1,015 1,015 Reductions for tax positions of prior years (25,392) — (25,392) Reductions to unrecognized tax benefits as a result of a lapse of the applicable statute of limitations (212) (66) (278) Settlements — — — Gross unrecognized tax benefits at December 31, 2021 $ 20,159 $ 6,840 $ 26,999 Gross net unrecognized tax benefits that if recognized would impact the ETR at December 31, 2021 $ 20,159 $ 6,840 Less: Federal, state and local income tax benefits (5,447) Net unrecognized tax benefit reserves $ 21,552

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	12 Months Ended
	Dec. 31, 2021
Share-based Payment Arrangement [Abstract]
Summary of Stock Options and Related Activity	A summary of SC's stock options and related activity as of and for the year ended December 31, 2021, is as follows: Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (in whole dollars) (in 000's) Options outstanding at January 1, 2021 169,369 $ 13.01 1.9 $ 1,543 Granted — — Exercised (123,170) 9.76 3,128 Expired — — Forfeited — — Other — — Options outstanding at December 31, 2021 46,199 $ 21.69 3.1 $ 939 Options exercisable at December 31, 2021 46,199 $ 21.69 3.1 $ 939 Options expected to vest after December 31, 2021 — $ — $ — At December 31, 2021, there were no, status and changes of SC's nonvested stock options.
Summary of Restricted Stock Units and Performance Stock Units and Related Activity	A summary of the Company’s RSUs and performance stock units and related activity as of and for the year ended December 31, 2021 is as follows: Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (in whole dollars) (in 000's) Outstanding at January 1, 2021 367,012 $ 19.78 0.8 $ 8,082 Granted 438,435 27.71 Vested (411,419) 23.12 11,260 Forfeited/cancelled (7,549) 14.67 Unvested at December 31, 2021 386,479 $ 25.07 0.9 $ 16,240

COMMITMENTS, CONTINGENCIES, A_2

COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Tables)	12 Months Ended
	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Schedule of Commitments Amount	The following table details the amount of commitments at the dates indicated: Other Commitments December 31, 2021 December 31, 2020 (in thousands) Commitments to extend credit $ 27,648,128 $ 30,883,502 Letters of credit 1,374,081 1,432,764 Commitments to sell loans 56,725 49,791 Recourse exposure on sold loans 19,095 26,362 Total commitments $ 29,098,029 $ 32,392,419
Summary of Liabilities for Commitments and Contingencies	The following table summarizes liabilities recorded for commitments and contingencies as of December 31, 2021 and 2020, all of which are included in Accounts payable and accrued expenses in the accompanying Consolidated Balance Sheets: Agreement or Legal Matter Commitment or Contingency December 31, 2021 December 31, 2020 (in thousands) MPLFA Revenue-sharing and gain/(loss), net-sharing payments $ 41,995 $ 43,778 Agreement with Bank of America Servicer performance fee 462 1,200 Agreement with CBP Loss-sharing payments 273 181 Other contingencies Consumer arrangements 6,937 22,155

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	Other information relating to the SPAIN securitization platform for the years ended December 31, 2021 and 2020 is as follows: (in thousands) December 31, 2021 December 31, 2020 Servicing fees receivable 498 1,070 Collections due to Santander 3,635 6,203

REGULATORY MATTERS (Tables)

REGULATORY MATTERS (Tables)	12 Months Ended
	Dec. 31, 2021
Banking Regulation, Total Capital [Abstract]
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations	The following schedule summarizes the actual capital balances of SBNA and SHUSA at December 31, 2021 and 2020: REGULATORY CAPITAL (Dollars in thousands) CET 1 Capital Ratio Tier 1 Capital Total Capital Leverage SBNA at December 31, 2021 (1) : Regulatory capital $ 10,694,372 $ 10,694,372 $ 11,413,014 $ 10,694,372 Capital ratio 16.36 % 16.36 % 17.45 % 11.18 % SHUSA at December 31, 2021 (1) : Regulatory capital $ 21,068,063 $ 23,174,869 $ 25,332,953 $ 23,174,869 Capital ratio 18.84 % 20.73 % 22.66 % 15.01 % CET 1 Capital Ratio Tier 1 Capital Total Capital Leverage SBNA at December 31, 2020 (1) : Regulatory capital $ 10,266,788 $ 10,266,788 $ 11,084,978 $ 10,266,788 Capital ratio 15.67 % 15.67 % 16.92 % 12.13 % SHUSA at December 31, 2020 (1) : Regulatory capital $ 18,368,202 $ 20,048,095 $ 21,658,574 $ 20,048,095 Capital ratio 15.94 % 17.40 % 18.80 % 13.77 % (1) Capital ratios calculated under CECL transition provisions permitted by the CARES Act.

BUSINESS SEGMENT INFORMATION (T

BUSINESS SEGMENT INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2021
Segment Reporting [Abstract]
Schedule of Segment Reporting Information	The following tables present certain information regarding the Company’s segments. For the Year-to-Date Ended SHUSA Reportable Segments December 31, 2021 CBB C&I CRE & VF CIB (4) Other (1) SC (2) SC Purchase Price Adjustments (3) Eliminations (3) Total (in thousands) Net interest income $ 1,442,787 $ 289,083 $ 377,256 $ 107,565 $ (197,348) $ 4,148,149 $ (411) $ 22,440 $ 6,189,521 Non-interest income 318,130 70,685 43,370 245,080 427,074 3,403,935 — (56,087) 4,452,187 Credit loss expense / (benefit) (20,871) (78,402) (10,116) (27,641) (4,789) (65,530) — — (207,349) Total expenses 1,564,273 256,415 145,629 277,669 520,194 3,386,551 24,810 (31,374) 6,144,167 Income/(loss) before income taxes 217,515 181,755 285,113 102,617 (285,679) 4,231,063 (25,221) (2,273) 4,704,890 Intersegment revenue/(expense) (785) 13,874 3,451 (16,540) — — — — — Total assets 24,303,985 6,920,144 19,725,785 16,016,527 45,121,362 47,733,428 — — 159,821,231 (1) 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 SBNA’s and the Company's borrowings and other debt obligations, amortization of intangible assets and certain unallocated corporate income and indirect expenses. (2) Management of SHUSA manages SC by analyzing the historical results of SC, which are presented in this column. (3) 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. (4) Includes results and assets of SIS. NOTE 23. BUSINESS SEGMENT INFORMATION (continued) For the Year-to-Date Ended SHUSA Reportable Segments December 31, 2020 CBB C&I CRE & VF CIB (4) Other (1) SC (2) SC Purchase Price Adjustments (3) Eliminations (3) Total (in thousands) Net interest income $ 1,372,694 $ 326,387 $ 386,209 $ 130,139 $ (22,318) $ 4,151,344 $ (711) $ 15,737 $ 6,359,481 Non-interest income 292,598 65,938 13,668 263,874 323,448 3,024,918 10,864 (45,320) 3,949,988 Credit loss expense / (benefit) 370,228 135,422 106,201 28,099 (137,065) 2,364,460 838 — 2,868,183 Total expenses 3,064,404 551,102 140,836 260,908 575,031 3,601,970 39,201 (25,218) 8,208,234 Income/(loss) before income taxes (1,769,340) (294,199) 152,840 105,006 (136,836) 1,209,832 (29,886) (4,365) (766,948) Intersegment revenue/(expense) (856) 12,617 4,879 (16,640) — — — — — Total assets 22,241,080 7,789,730 20,717,404 10,965,616 38,831,353 48,887,493 — — 149,432,676 (1)- (4) Refer to corresponding notes above. For the Year Ended SHUSA Reportable Segments December 31, 2019 Consumer & Business Banking C&I CRE & VF CIB Other (2) SC (3) SC Purchase Price Adjustments (4) Eliminations (4) Total (in thousands) Net interest income $ 1,287,171 $ 328,939 $ 400,339 $ 151,573 $ 210,171 $ 3,971,826 $ 38,408 $ 54,341 $ 6,442,768 Total non-interest income 345,842 84,973 20,453 208,867 406,735 2,760,370 6,184 (104,307) 3,729,117 Provision for credit losses 150,329 38,102 13,507 6,045 (7,381) 2,093,749 (2,334) — 2,292,017 Total expenses 1,565,458 326,043 154,150 273,004 751,748 3,284,179 40,107 (28,837) 6,365,852 Income/(loss) before income taxes (82,774) 49,767 253,135 81,391 (127,461) 1,354,268 6,819 (21,129) 1,514,016 Intersegment revenue/(expense) (1) (933) 9,403 5,950 (14,420) — — — — — Total assets 23,915,156 8,771,290 21,284,739 10,074,677 36,531,083 48,922,532 — — 149,499,477 (1)- (4) Refer to corresponding notes above.

PARENT COMPANY FINANCIAL INFO_2

PARENT COMPANY FINANCIAL INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2021
Condensed Financial Information Disclosure [Abstract]
Condensed Balance Sheet	Condensed financial information of the parent company is as follows: BALANCE SHEETS AT DECEMBER 31, 2021 2020 (in thousands) Assets Cash and cash equivalents $ 3,550,193 $ 4,081,575 Loans to bank subsidiaries 1,000,000 — Loans to non-bank subsidiaries 5,350,000 6,800,000 Investment in subsidiaries: Bank subsidiaries 9,405,335 9,244,620 Non-bank subsidiaries 12,506,523 10,381,360 Premises and equipment, net 43,785 38,626 Equity method investments 6,049 6,019 Restricted cash 56,538 56,403 Deferred tax assets, net 208,695 207,520 Other assets (1) 327,594 209,644 Total assets $ 32,454,712 $ 31,025,767 Liabilities and stockholder's equity Borrowings and other debt obligations $ 9,622,233 $ 10,656,350 Borrowings from subsidiary banks — 121,547 Borrowings from non-bank subsidiaries 152,026 150,981 Deferred tax liabilities, net 119,939 130,574 Other liabilities 188,421 222,594 Total liabilities 10,082,619 11,282,046 Stockholder's equity 22,372,093 19,743,721 Total liabilities and stockholder's equity $ 32,454,712 $ 31,025,767 (1) Includes $0.2 million and $1.0 million of other investments at December 31, 2021 and December 31, 2020, respectively.
Statements of Operations and Comprehensive Income/(Loss)	STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME/(LOSS) YEAR ENDED DECEMBER 31, 2021 2020 2019 (in thousands) Interest income $ 289,846 $ 297,621 $ 176,013 Income from equity method investments 59 426 2,288 Other income (1) 75,387 151,514 58,373 Total income 365,292 449,561 236,674 Interest expense 369,861 382,936 345,888 Other expense 279,697 261,821 234,849 Total expense 649,558 644,757 580,737 Loss before income taxes and equity in earnings of subsidiaries (284,266) (195,196) (344,063) Income tax benefit (38,800) (275,290) (38,732) (Loss)/Income before equity in earnings of subsidiaries (245,466) 80,094 (305,331) Equity in undistributed earnings of: Bank subsidiaries 503,075 (1,282,781) 387,938 Non-bank subsidiaries 2,724,753 362,323 670,562 Net income/(loss) 2,982,362 (840,364) 753,169 Other comprehensive income, net of tax: Net unrealized (losses)/gains on cash flow hedge derivative financial instruments (158,184) 98,281 (301) Net unrealized (losses)/gains recognized on investment securities (197,168) 140,143 222,887 Pension and post-retirement actuarial gains, net of tax 947 16,078 10,859 Total other comprehensive (loss)/gain (354,405) 254,502 233,445 Comprehensive income/(loss) $ 2,627,957 $ (585,862) $ 986,614
Statement of Cash Flows	STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31 2021 2020 2019 (in thousands) CASH FLOWS FROM OPERATING ACTIVITIES: Net income/(loss) $ 2,982,362 $ (840,364) $ 753,169 Adjustments to reconcile net income to net cash provided by operating activities: Deferred tax (benefit)/expense (82,394) (261,113) 235,688 Undistributed earnings of: Bank subsidiaries (503,075) 1,282,781 (387,938) Non-bank subsidiaries (2,724,753) (362,323) (670,562) Net gain on sale of investment in subsidiary and other assets (611) (65,229) — Equity earnings from equity method investments (59) (426) (2,288) Dividends from investment in subsidiaries 336,153 213,092 482,548 Depreciation, amortization and accretion 32,976 37,350 34,403 Loss on debt extinguishment — 10,260 1,627 Net change in other assets and other liabilities (80,927) 148,679 (56,938) Net cash (used in)/provided by operating activities (40,328) 162,707 389,709 CASH FLOWS FROM INVESTING ACTIVITIES: Proceeds from prepayments and maturities of AFS investment securities — — 250,000 Purchases of other investments — — (1,042) Net capital returned from/(contributed to) subsidiaries 250,968 (25,707) (215,657) Originations of loans to subsidiaries (13,981,000) (10,245,000) (7,995,000) Repayments of loans by subsidiaries 14,431,000 9,095,000 5,845,000 Proceeds from business divestitures — 1,277,626 — Purchases of premises and equipment (27,855) (2,538) (9,800) Net cash provided by/(used in) investing activities 673,113 99,381 (2,126,499) CASH FLOWS FROM FINANCIAL ACTIVITIES: Repayment of Parent Company debt obligations (1,421,077) (1,371,274) (2,225,806) Net proceeds received from Parent Company debt obligations 501,000 1,941,003 3,811,670 Net change in commercial paper (125,000) 125,000 — Net change in borrowings from subsidiary banks (120,000) 120,000 — Net change in borrowings from non-bank subsidiaries 1,045 2,233 3,583 Dividends paid on common stock — (125,000) (400,000) Capital contribution from shareholder — — 88,927 Net cash (used in)/provided by financing activities (1,164,032) 691,962 1,278,374 Net (decrease)/increase in cash, cash equivalents, and restricted cash (531,247) 954,050 (458,416) Cash, cash equivalents, and restricted cash at beginning of period 4,137,978 3,183,928 3,642,344 Cash, cash equivalents, and restricted cash at end of period (1) $ 3,606,731 $ 4,137,978 $ 3,183,928 NON-CASH TRANSACTIONS Adoption of lease accounting standard: ROU assets $ — $ — $ 6,779 Accrued expenses and payables — — 7,622 (1) Amounts for the years ended December 31, 2021, 2020, and 2019 include cash and cash equivalents balances of $3.6 billion, $4.1 billion, and $3.1 billion, respectively, and restricted cash balances of $56.5 million, $56.4 million, and $58.2 million, respectively.

DESCRIPTION OF BUSINESS, BASI_4

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (General) (Details) $ / shares in Units, $ in Millions	Jan. 31, 2022USD ($)	Jul. 31, 2021USD ($)employeeinstitutional_client	May 31, 2021USD ($)	Dec. 31, 2021	Aug. 31, 2021$ / shares
Credit Agricole Miami Wealth Management Business
Noncontrolling Interest [Line Items]
Amount of assets for which management will be transferred			$ 3,100
Asset acquisition, consideration transferred			189
Assets acquired			566
Loans acquired			528
Finite-lived intangible assets acquired			38
Deposits acquired			$ 377
Finite-lived intangible asset, useful life (in years)			6 years
Pierpoint Capital Holdings LLC
Noncontrolling Interest [Line Items]
Business combination, consideration transferred		$ 450
Business combination, net book value		$ 300
Number of employees acquired | employee		230
Number of active institutional clients acquired | institutional_client		1,300
SC
Noncontrolling Interest [Line Items]
Business acquisition, share price (in dollars per share) | $ / shares					$ 41.50
SC | Subsequent Event
Noncontrolling Interest [Line Items]
Acquisition, percentage of stock acquired	19.80%
Payments to acquire additional interest in subsidiary	$ 2,500
SC
Noncontrolling Interest [Line Items]
Ownership percentage by parent				80.20%
Percentage owned by noncontrolling shareholders				19.80%

DESCRIPTION OF BUSINESS, BASI_5

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Accounting Standards adopted January 1, 2020) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Jan. 01, 2020	Dec. 31, 2019	Dec. 31, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing receivable, allowance for credit loss				$ 3,646,189	$ 3,897,130
Stockholders' equity	$ (24,467,350)	$ (21,262,712)		(24,398,830)	(23,847,232)
Deferred tax liabilities, net	$ (683,409)	$ (171,240)
Cumulative Effect, Period of Adoption, Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Stockholders' equity			$ 1,800,000	$ 1,785,464	$ (18,652)
Deferred tax liabilities, net			700,000
ASU 2016-13
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing receivable, allowance for credit loss			$ 2,500,000

DESCRIPTION OF BUSINESS, BASI_6

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Investment Securities and Other Investments) (Details)	12 Months Ended
	Dec. 31, 2021$ / shares
Accounting Policies [Abstract]
Financing receivable, nonaccrual status, threshold period past due	90 days
FHLB Stock, par value (in usd per share)	$ 100

DESCRIPTION OF BUSINESS, BASI_7

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (LHFI) (Details) - Prepayment rate	Dec. 31, 2021	Dec. 31, 2020
Minimum
Loans and Leases Receivable Disclosure [Line Items]
LHFI, measurement input	0.111	0.098
Maximum
Loans and Leases Receivable Disclosure [Line Items]
LHFI, measurement input	0.161	0.162

DESCRIPTION OF BUSINESS, BASI_8

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Interest Recognition and Non-accrual Loans) (Details)	12 Months Ended
	Dec. 31, 2021
Financing Receivable, Past Due [Line Items]
Financing receivable, nonaccrual status, threshold period past due	90 days
Minimum payment threshold (as a percentage)	90.00%
Credit card
Financing Receivable, Past Due [Line Items]
Financing receivable, nonaccrual status, threshold period past due	180 days
RICs
Financing Receivable, Past Due [Line Items]
Financing receivable, nonaccrual status, threshold period past due	60 days

DESCRIPTION OF BUSINESS, BASI_9

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Charge-off of Uncollectible Loans) (Details)	12 Months Ended
	Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, nonaccrual status, threshold period past due	90 days
Personal unsecured loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Threshold period past due for write-off of financing receivable	180 days
Credit card
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, nonaccrual status, threshold period past due	180 days
Financing receivable, nonaccrual status, threshold period after receipt of notification of death or bankruptcy	60 days
RICs
Financing Receivable, Allowance for Credit Loss [Line Items]
Threshold period past due for write-off of financing receivable	60 days
Financing receivable, nonaccrual status, threshold period past due	60 days
Consumer
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, nonaccrual status, threshold period after receipt of notification of bankruptcy or fraud	120 days
Consumer | Residential mortgage and home equity
Financing Receivable, Allowance for Credit Loss [Line Items]
Threshold period past due for write-off of financing receivable	180 days
Consumer | Other consumer
Financing Receivable, Allowance for Credit Loss [Line Items]
Threshold period past due for write-off of financing receivable	120 days

DESCRIPTION OF BUSINESS, BAS_10

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (TDRs) (Details) - Consumer	12 Months Ended
	Dec. 31, 2021payment
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of payments allowed to be deferred	1
Threshold period for deferral	6 months
RICs
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of payments allowed to be deferred	2
Percentage of deferrals granted (more than)	90.00%
TDR, nonaccrual status, threshold period past due	60 days
RICs | Maximum
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of payments allowed to be deferred	3
Automobile RICs
Financing Receivable, Troubled Debt Restructuring [Line Items]
Threshold period for deferral	8 months
Marine and RV contracts
Financing Receivable, Troubled Debt Restructuring [Line Items]
Threshold period for deferral	12 months
RICs individually acquired
Financing Receivable, Troubled Debt Restructuring [Line Items]
Threshold period for deferral	90 days

DESCRIPTION OF BUSINESS, BAS_11

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (LHFS) (Details)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Financing receivable, held-for-sale, threshold period past due	90 days

DESCRIPTION OF BUSINESS, BAS_12

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Leases) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accounting Policies [Abstract]
Delinquency period for operating leases (more than)	60 days
Impairment of operating leased assets	$ 0	$ 0	$ 0

DESCRIPTION OF BUSINESS, BAS_13

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Premises and Equipment) (Details)	12 Months Ended
	Dec. 31, 2021
Office buildings | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful lives (in years)	10 years
Office buildings | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives (in years)	30 years
Leasehold improvements | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful lives (in years)	10 years
Leasehold improvements | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives (in years)	30 years
Software | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful lives (in years)	3 years
Software | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives (in years)	7 years
Furniture, fixtures and equipment | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful lives (in years)	3 years
Furniture, fixtures and equipment | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives (in years)	10 years
Automobiles
Property, Plant and Equipment [Line Items]
Estimated useful lives (in years)	5 years

DESCRIPTION OF BUSINESS, BAS_14

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND ACCOUNTING POLICIES (OREO and Other Repossessed Assets) (Details)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Past due period for repossession	60 days

INVESTMENT SECURITIES (AFS Debt

INVESTMENT SECURITIES (AFS Debt Securities) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 11,409,953	$ 11,136,385
Gross Unrealized Gains	42,687	184,287
Gross Unrealized Loss	(138,703)	(7,183)
Fair Value	11,313,937	11,313,489
U.S. Treasury securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	72,860	168,075
Gross Unrealized Gains	758	2,578
Gross Unrealized Loss	0	0
Fair Value	73,618	170,653
Corporate debt securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	275,963	155,610
Gross Unrealized Gains	140	114
Gross Unrealized Loss	(96)	(9)
Fair Value	276,007	155,715
ABS
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	537,835	109,888
Gross Unrealized Gains	353	686
Gross Unrealized Loss	(466)	(1,236)
Fair Value	537,722	109,338
State and municipal securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	0	0
Gross Unrealized Gains	0	0
Gross Unrealized Loss	0	0
Fair Value	0	0
GNMA - Residential
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	4,064,718	3,467,611
Gross Unrealized Gains	21,169	69,864
Gross Unrealized Loss	(19,692)	(1,350)
Fair Value	4,066,195	3,536,125
GNMA - Commercial
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	2,086,437	1,706,648
Gross Unrealized Gains	2,060	26,949
Gross Unrealized Loss	(55,658)	(235)
Fair Value	2,032,839	1,733,362
FHLMC and FNMA - Residential
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	4,267,757	5,464,821
Gross Unrealized Gains	14,616	77,813
Gross Unrealized Loss	(62,732)	(4,351)
Fair Value	4,219,641	5,538,283
FHLMC and FNMA - Commercial
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	104,383	63,732
Gross Unrealized Gains	3,591	6,283
Gross Unrealized Loss	(59)	(2)
Fair Value	$ 107,915	$ 70,013

INVESTMENT SECURITIES (HTM Debt

INVESTMENT SECURITIES (HTM Debt Securities) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	$ 6,702,471	$ 5,504,685
Gross Unrealized Gains	39,255	176,611
Gross Unrealized Loss	(112,520)	(3,367)
Fair Value	6,629,206	5,677,929
ABS
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	89,722	44,841
Gross Unrealized Gains	319	765
Gross Unrealized Loss	0	0
Fair Value	90,041	45,606
GNMA - Residential
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	2,862,595	1,966,247
Gross Unrealized Gains	13,412	51,417
Gross Unrealized Loss	(45,102)	(1,819)
Fair Value	2,830,905	2,015,845
GNMA - Commercial
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	3,750,154	3,493,597
Gross Unrealized Gains	25,524	124,429
Gross Unrealized Loss	(67,418)	(1,548)
Fair Value	$ 3,708,260	$ 3,616,478

INVESTMENT SECURITIES (Contract

INVESTMENT SECURITIES (Contractual Maturity of AFS Debt Securities) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Fair Value
Due Within One Year	$ 226,597
Due After 1 Within 5 Years	182,066
Due After 5 Within 10 Years	338,173
Due After 10 Years/No Maturity	10,567,101
Total	$ 11,313,937	$ 11,313,489
Weighted Average Yield
Due Within One Year	1.19%
Due After 1 Within 5 Years	1.17%
Due After 5 Within 10 Years	1.61%
Due After 10 Years/No Maturity	1.15%
Total Weighted Average Yield	1.17%
Amortized Cost
Due Within One Year	$ 226,285
Due After 1 Within 5 Years	179,386
Due After 5 Within 10 Years	331,955
Due After 10 Years/No Maturity	10,672,327
Amortized Cost	11,409,953	11,136,385
U.S. Treasury securities
Fair Value
Due Within One Year	50,651
Due After 1 Within 5 Years	22,967
Due After 5 Within 10 Years	0
Due After 10 Years/No Maturity	0
Total	$ 73,618	170,653
Weighted Average Yield
Total Weighted Average Yield	2.12%
Amortized Cost
Amortized Cost	$ 72,860	168,075
Corporate debt
Fair Value
Due Within One Year	175,855
Due After 1 Within 5 Years	100,152
Due After 5 Within 10 Years	0
Due After 10 Years/No Maturity	0
Total	$ 276,007	155,715
Weighted Average Yield
Total Weighted Average Yield	0.65%
Amortized Cost
Amortized Cost	$ 275,963	155,610
ABS
Fair Value
Due Within One Year	0
Due After 1 Within 5 Years	3,704
Due After 5 Within 10 Years	63,792
Due After 10 Years/No Maturity	470,226
Total	$ 537,722	109,338
Weighted Average Yield
Total Weighted Average Yield	1.33%
Amortized Cost
Amortized Cost	$ 537,835	109,888
GNMA - Residential
Fair Value
Due Within One Year	0
Due After 1 Within 5 Years	13
Due After 5 Within 10 Years	50,104
Due After 10 Years/No Maturity	4,016,078
Total	$ 4,066,195	3,536,125
Weighted Average Yield
Total Weighted Average Yield	0.82%
Amortized Cost
Amortized Cost	$ 4,064,718	3,467,611
GNMA - Commercial
Fair Value
Due Within One Year	0
Due After 1 Within 5 Years	0
Due After 5 Within 10 Years	0
Due After 10 Years/No Maturity	2,032,839
Total	$ 2,032,839	1,733,362
Weighted Average Yield
Total Weighted Average Yield	1.71%
Amortized Cost
Amortized Cost	$ 2,086,437	1,706,648
FHLMC and FNMA - Residential
Fair Value
Due Within One Year	91
Due After 1 Within 5 Years	40,347
Due After 5 Within 10 Years	145,039
Due After 10 Years/No Maturity	4,034,164
Total	$ 4,219,641	5,538,283
Weighted Average Yield
Total Weighted Average Yield	1.22%
Amortized Cost
Amortized Cost	$ 4,267,757	5,464,821
FHLMC and FNMA - Commercial
Fair Value
Due Within One Year	0
Due After 1 Within 5 Years	14,883
Due After 5 Within 10 Years	79,238
Due After 10 Years/No Maturity	13,794
Total	$ 107,915	70,013
Weighted Average Yield
Total Weighted Average Yield	1.82%
Amortized Cost
Amortized Cost	$ 104,383	$ 63,732

INVESTMENT SECURITIES (Contra_2

INVESTMENT SECURITIES (Contractual Maturity of HTM Debt Securities) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Fair Value
Due within one year	$ 0
Due after 1 year but within 5 years	43,718
Due after 5 years but within 10 years	46,323
Due after 10 years	6,539,165
Total	$ 6,629,206	$ 5,677,929
Weighted Average Yield
Due Within One Year	0.00%
Due After 1 Within 5 Years	1.00%
Due After 5 Within 10 Years	1.72%
Due After 10 Years/No Maturity	1.75%
Total Weighted Average Yield	1.74%
Amortized Cost
Due within one year	$ 0
Due after 1 year but within 5 years	43,654
Due after 5 years but within 10 years	46,068
Due after 10 years	6,612,749
Amortized Cost	6,702,471	5,504,685
ABS
Fair Value
Due within one year	0
Due after 1 year but within 5 years	43,718
Due after 5 years but within 10 years	46,323
Due after 10 years	0
Total	$ 90,041	45,606
Weighted Average Yield
Total Weighted Average Yield	1.37%
GNMA - Residential
Fair Value
Due within one year	$ 0
Due after 1 year but within 5 years	0
Due after 5 years but within 10 years	0
Due after 10 years	2,830,905
Total	$ 2,830,905	2,015,845
Weighted Average Yield
Total Weighted Average Yield	1.42%
GNMA - Commercial
Fair Value
Due within one year	$ 0
Due after 1 year but within 5 years	0
Due after 5 years but within 10 years	0
Due after 10 years	3,708,260
Total	$ 3,708,260	$ 3,616,478
Weighted Average Yield
Total Weighted Average Yield	2.00%

INVESTMENT SECURITIES (Securiti

INVESTMENT SECURITIES (Securities Pledged as Collateral) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged as collateral, fair value	$ 5,300,000,000	$ 3,500,000,000
Accrued interest on investment securities	26,900,000	34,600,000
Debt securities, available-for-sale, accrued interest writeoff	0	0
Debt securities, held-to-maturity, accrued interest, writeoff	0	0
Collateral with Federal Reserve Bank
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged as collateral, fair value	1,600,000,000	754,100,000
Public fund deposits
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged as collateral, fair value	3,200,000,000	2,200,000,000
Repurchase agreements, hedging activities and recourse on loan sales
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged as collateral, fair value	72,600,000	103,400,000
Overnight customer deposits
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged as collateral, fair value	$ 403,800,000	$ 388,000,000

INVESTMENT SECURITIES (Gross Un

INVESTMENT SECURITIES (Gross Unrealized Loss and Fair Value of AFS Debt Securities) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Fair Value
Less than 12 months	$ 8,003,179	$ 1,590,986
12 months or longer	312,013	81,077
Unrealized Losses
Less than 12 months	(132,439)	(5,743)
12 months or longer	(6,264)	(1,440)
Corporate debt securities
Fair Value
Less than 12 months	173,255	98,800
12 months or longer	0	0
Unrealized Losses
Less than 12 months	(96)	(9)
12 months or longer	0	0
ABS
Fair Value
Less than 12 months	389,743	0
12 months or longer	16,265	49,033
Unrealized Losses
Less than 12 months	(205)	0
12 months or longer	(261)	(1,236)
GNMA - Residential
Fair Value
Less than 12 months	2,283,469	347,821
12 months or longer	96,339	8,875
Unrealized Losses
Less than 12 months	(19,068)	(1,334)
12 months or longer	(624)	(16)
GNMA - Commercial
Fair Value
Less than 12 months	1,795,619	103,891
12 months or longer	89,640	0
Unrealized Losses
Less than 12 months	(51,908)	(235)
12 months or longer	(3,750)	0
FHLMC and FNMA - Residential
Fair Value
Less than 12 months	3,315,452	1,040,474
12 months or longer	109,769	22,749
Unrealized Losses
Less than 12 months	(61,103)	(4,165)
12 months or longer	(1,629)	(186)
FHLMC and FNMA - Commercial
Fair Value
Less than 12 months	45,641	0
12 months or longer	0	420
Unrealized Losses
Less than 12 months	(59)	0
12 months or longer	$ 0	$ (2)

INVESTMENT SECURITIES (Gross _2

INVESTMENT SECURITIES (Gross Unrealized Loss and Fair Value of HTM Debt Securities) (Details) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Fair Value
Less than 12 months	$ 4,567,454	$ 367,734
12 months or longer	205,689	0
Unrealized Losses
Less than 12 months	(103,661)	(3,367)
12 months or longer	(8,859)	0
GNMA - Residential
Fair Value
Less than 12 months	2,051,851	212,471
12 months or longer	81,034	0
Unrealized Losses
Less than 12 months	(42,284)	(1,819)
12 months or longer	(2,818)	0
GNMA - Commercial
Fair Value
Less than 12 months	2,515,603	155,263
12 months or longer	124,655	0
Unrealized Losses
Less than 12 months	(61,377)	(1,548)
12 months or longer	$ (6,041)	$ 0

INVESTMENT SECURITIES (Other-Th

INVESTMENT SECURITIES (Other-Than-Temporary Impairment) (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Investments, Debt and Equity Securities [Abstract]
Debt securities, available-for-sale, amortized cost, allowance for credit loss, excluding accrued interest	$ 0	$ 0
Debt securities, held-to-maturity, allowance for credit loss, excluding accrued interest	$ 0	$ 0

INVESTMENT SECURITIES (Gains (L

INVESTMENT SECURITIES (Gains (Losses) and Proceeds on Sale of Investment Securities) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Investments, Debt and Equity Securities [Abstract]
Proceeds from the sales of AFS securities	$ 1,326,299	$ 2,665,593	$ 1,423,579
Gross realized gains	18,267	32,915	9,496
Gross realized losses	(3,786)	(1,618)	(3,680)
Net realized gains/(losses)	14,481	31,297	5,816
Net realized gains/(losses) on trading securities	$ (1,500)	$ (1,400)	$ (800)

INVESTMENT SECURITIES (Schedule

INVESTMENT SECURITIES (Schedule of Other Investments) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Qualitative and Quantitative Information, Transferor's Continuing Involvement [Line Items]
FHLB of Pittsburgh and FRB stock	$ 394,668	$ 435,330
LIHTC investments	370,493	313,603
Equity securities not held for trading	45,186	14,494
Interest-bearing deposits with an affiliate bank	250,000	750,000
Trading securities	35,791	40,435
Total	1,096,138	1,553,862
Off-balance Securitization Trusts
Qualitative and Quantitative Information, Transferor's Continuing Involvement [Line Items]
Equity securities not held for trading	$ 3,000	$ 1,400

INVESTMENT SECURITIES (Other In

INVESTMENT SECURITIES (Other Investments) (Details)	12 Months Ended
	Dec. 31, 2021USD ($)$ / shares
Investments, Debt and Equity Securities [Abstract]
FHLB Stock, par value (in usd per share) | $ / shares	$ 100
Purchases of FHLB stock	$ 4,800,000
FHLB stock redeemed	44,800,000
Proceeds from FRB stock	700,000
Purchase of FRB stock	0
Gain (loss) on redemption of FHLB stock	$ 0

LOANS AND ALLOWANCE FOR CREDI_3

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Narrative) (Details) - USD ($) $ in Thousands		3 Months Ended		12 Months Ended
		Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2021	Dec. 31, 2020
Loans Receivable [Line Items]
Loans pledged as collateral				$ 43,200,000	$ 52,000,000
LHFS	[1],[2]			255,023	2,226,196
LHFS				166,800	265,400
Accrued interest receivable				482,469	634,509
Unpaid principle balance				92,330,835	94,359,378
Financing receivable, allowance for credit loss, period increase (decrease)				$ (877,100)
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
SC | Chrysler Capital Loans
Loans Receivable [Line Items]
Loans purchased/originated				$ 14,000,000	$ 14,200,000
SC | Chrysler Capital Loans | Accounts Receivable | Credit Concentration Risk
Loans Receivable [Line Items]
Percentage of loan origination				52.00%	60.00%
Loans receivable
Loans Receivable [Line Items]
Accrued interest receivable				$ 453,000	$ 589,200
Loans Acquired Individually | SC
Loans Receivable [Line Items]
Loans purchased/originated				67,000
Unpaid principle balance				$ 112,000
Retail installment contracts
Loans Receivable [Line Items]
TDRs, number of days past due after modification considered to have subsequently defaulted				120 days
Consumer | Personal unsecured loans
Loans Receivable [Line Items]
LHFS					893,500
Payments to acquire loans receivable				$ 832,800
Unpaid principle balance				2,009,654	$ 1,717,909
Consumer | Retail installment contracts
Loans Receivable [Line Items]
Proceeds from sale of loans held-for-sale		$ 310,000		$ 3,400,000
Consumer | Personal Loans
Loans Receivable [Line Items]
Proceeds from sale of loans held-for-sale			$ 1,300,000
[1]	Includes $166.8 million and $265.4 million of loans recorded at the FVO at December 31, 2021 and December 31, 2020, respectively.
[2]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At December 31, 2021 and December 31, 2020, LHFI included $20.6 billion and $22.6 billion, LHFS included $0.0 billion and $0.6 billion Operating leases assets, net included $14.7 billion and $16.4 billion, restricted cash included $1.6 billion and $1.7 billion, Other assets included $629.4 million and $791.3 million, Borrowings and other debt obligations included $29.2 billion and $31.7 billion, and Other liabilities included $81.1 million and $84.9 million of assets or liabilities that were included within VIEs, respectively. See Note 8 to these 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		Dec. 31, 2021	Dec. 31, 2020
Loans Receivable [Line Items]
Total	[1],[2]	$ 92,075,812	$ 92,133,182
Loans held for investment with fixed rate of interest		64,774,941	64,036,154
Loans held for investment with variable rate of interest		$ 27,300,871	$ 28,097,028
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		70.30%	69.50%
Loans held for investment with variable rate of interest, percent of total loans		29.70%	30.50%
Net increase in loan balances		$ 2,900,000	$ 3,100,000
Commercial
Loans Receivable [Line Items]
Total		$ 37,655,280	$ 39,688,403
Loans held for investment, percent of total loans		40.90%	43.10%
Commercial | CRE loans
Loans Receivable [Line Items]
Total		$ 7,227,003	$ 7,327,853
Loans held for investment, percent of total loans		7.80%	8.00%
Commercial | C&I loans
Loans Receivable [Line Items]
Total		$ 14,710,864	$ 16,537,899
Loans held for investment, percent of total loans		16.00%	17.90%
Commercial | Multifamily loans
Loans Receivable [Line Items]
Total		$ 7,547,382	$ 8,367,147
Loans held for investment, percent of total loans		8.20%	9.10%
Commercial | Other commercial
Loans Receivable [Line Items]
Total		$ 8,170,031	$ 7,455,504
Loans held for investment, percent of total loans		8.90%	8.10%
Hedged asset, fair value hedge		$ 128,800
Hedged asset, fair value hedge, cumulative increase (decrease)		(1,300)
Consumer
Loans Receivable [Line Items]
Total		$ 54,420,532	$ 52,444,779
Loans held for investment, percent of total loans		59.10%	56.90%
Consumer | Residential mortgages
Loans Receivable [Line Items]
Total		$ 5,598,560	$ 6,590,168
Consumer | Home equity loans and lines of credit
Loans Receivable [Line Items]
Total		3,487,234	4,108,505
Consumer | RICs and auto loans
Loans Receivable [Line Items]
Total		43,183,098	40,698,642
Consumer loans secured by real estate
Loans Receivable [Line Items]
Total		$ 9,085,794	$ 10,698,673
Loans held for investment, percent of total loans		9.90%	11.70%
Consumer loans secured by real estate | Residential mortgages
Loans Receivable [Line Items]
Total		$ 5,598,560	$ 6,590,168
Loans held for investment, percent of total loans		6.10%	7.20%
Consumer loans secured by real estate | Home equity loans and lines of credit
Loans Receivable [Line Items]
Total		$ 3,487,234	$ 4,108,505
Loans held for investment, percent of total loans		3.80%	4.50%
Consumer loans not secured by real estate | RICs and auto loans
Loans Receivable [Line Items]
Total		$ 43,183,098	$ 40,698,642
Loans held for investment, percent of total loans		46.90%	44.10%
Consumer loans not secured by real estate | Personal unsecured loans
Loans Receivable [Line Items]
Total		$ 2,009,654	$ 824,430
Loans held for investment, percent of total loans		2.20%	0.90%
Consumer loans not secured by real estate | Other consumer
Loans Receivable [Line Items]
Total		$ 141,986	$ 223,034
Loans held for investment, percent of total loans		0.10%	0.20%
[1]	LHFI includes $33.5 million and $50.4 million of loans recorded at fair value at December 31, 2021 and December 31, 2020, respectively.
[2]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At December 31, 2021 and December 31, 2020, LHFI included $20.6 billion and $22.6 billion, LHFS included $0.0 billion and $0.6 billion Operating leases assets, net included $14.7 billion and $16.4 billion, restricted cash included $1.6 billion and $1.7 billion, Other assets included $629.4 million and $791.3 million, Borrowings and other debt obligations included $29.2 billion and $31.7 billion, and Other liabilities included $81.1 million and $84.9 million of assets or liabilities that were included within VIEs, respectively. See Note 8 to these 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	12 Months Ended
	Dec. 31, 2021		Dec. 31, 2020		Dec. 31, 2019
Allowance for Loan Losses [Roll Forward]
ALLL, beginning of period	$ 7,338,493	[1]	$ 3,646,189
ALLL, beginning of period			3,646,189		$ 3,897,130
Credit loss expense / (benefit)	(164,988)		2,823,965		2,290,832
Charge-offs	(3,011,399)		(3,770,265)		(5,549,983)
Recoveries	2,299,304		2,102,722		3,008,210
Charge-offs, net of recoveries	(712,095)		(1,667,543)		(2,541,773)
ALLL, end of period	6,461,410	[1]	7,338,493	[1]	3,646,189
ALLL, end of period					3,646,189
Reserve for Unfunded Lending Commitments Roll Forward [Roll Forward]
Reserve for unfunded lending commitments, beginning of period	146,455		91,826		95,500
Credit loss expense / (benefit) on unfunded lending commitments	(42,361)		44,218		1,185
Loss on unfunded lending commitments					(4,859)
Reserve for unfunded lending commitments, end of period	104,094		146,455		91,826
Total ACL, end of period	6,565,504		7,484,948		3,738,015
Cumulative Effect, Period of Adoption, Adjustment
Allowance for Loan Losses [Roll Forward]
ALLL, beginning of period			2,535,882
ALLL, end of period					2,535,882
Reserve for Unfunded Lending Commitments Roll Forward [Roll Forward]
Reserve for unfunded lending commitments, beginning of period			10,411
Reserve for unfunded lending commitments, end of period					10,411
Commercial
Allowance for Loan Losses [Roll Forward]
ALLL, beginning of period	752,196		399,829
ALLL, beginning of period			399,829		441,083
Credit loss expense / (benefit)	(115,937)		298,780		89,962
Charge-offs	(142,630)		(180,726)		(185,035)
Recoveries	73,681		35,394		53,819
Charge-offs, net of recoveries	(68,949)		(145,332)		(131,216)
ALLL, end of period	567,310		752,196		399,829
ALLL, end of period					399,829
Reserve for Unfunded Lending Commitments Roll Forward [Roll Forward]
Reserve for unfunded lending commitments, beginning of period	119,129		85,934		89,472
Credit loss expense / (benefit) on unfunded lending commitments	(27,938)		23,114		1,321
Loss on unfunded lending commitments					(4,859)
Reserve for unfunded lending commitments, end of period	91,191		119,129		85,934
Total ACL, end of period	658,501		871,325		485,763
Commercial | Cumulative Effect, Period of Adoption, Adjustment
Allowance for Loan Losses [Roll Forward]
ALLL, beginning of period			198,919
ALLL, end of period					198,919
Reserve for Unfunded Lending Commitments Roll Forward [Roll Forward]
Reserve for unfunded lending commitments, beginning of period			10,081
Reserve for unfunded lending commitments, end of period					10,081
Consumer
Allowance for Loan Losses [Roll Forward]
ALLL, beginning of period	6,586,297		3,199,612
ALLL, beginning of period			3,199,612		3,409,024
Credit loss expense / (benefit)	(49,051)		2,525,185		2,200,870
Charge-offs	(2,868,769)		(3,589,539)		(5,364,673)
Recoveries	2,225,623		2,067,328		2,954,391
Charge-offs, net of recoveries	(643,146)		(1,522,211)		(2,410,282)
ALLL, end of period	5,894,100		6,586,297		3,199,612
ALLL, end of period					3,199,612
Reserve for Unfunded Lending Commitments Roll Forward [Roll Forward]
Reserve for unfunded lending commitments, beginning of period	27,326		5,892		6,028
Credit loss expense / (benefit) on unfunded lending commitments	(14,423)		21,104		(136)
Loss on unfunded lending commitments					0
Reserve for unfunded lending commitments, end of period	12,903		27,326		5,892
Total ACL, end of period	5,907,003		6,613,623		3,205,504
Consumer | Cumulative Effect, Period of Adoption, Adjustment
Allowance for Loan Losses [Roll Forward]
ALLL, beginning of period			2,383,711
ALLL, end of period					2,383,711
Reserve for Unfunded Lending Commitments Roll Forward [Roll Forward]
Reserve for unfunded lending commitments, beginning of period			330
Reserve for unfunded lending commitments, end of period					330
Unallocated
Allowance for Loan Losses [Roll Forward]
ALLL, beginning of period	0		46,748
ALLL, beginning of period			46,748		47,023
Credit loss expense / (benefit)			0		0
Charge-offs			0		(275)
Recoveries			0		0
Charge-offs, net of recoveries			0		(275)
ALLL, end of period			0		46,748
ALLL, end of period					46,748
Reserve for Unfunded Lending Commitments Roll Forward [Roll Forward]
Reserve for unfunded lending commitments, beginning of period	$ 0		0		0
Credit loss expense / (benefit) on unfunded lending commitments			0		0
Loss on unfunded lending commitments					0
Reserve for unfunded lending commitments, end of period			0		0
Total ACL, end of period			0		46,748
Unallocated | Cumulative Effect, Period of Adoption, Adjustment
Allowance for Loan Losses [Roll Forward]
ALLL, beginning of period			(46,748)
ALLL, end of period					(46,748)
Reserve for Unfunded Lending Commitments Roll Forward [Roll Forward]
Reserve for unfunded lending commitments, beginning of period			$ 0
Reserve for unfunded lending commitments, end of period					$ 0
[1]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At December 31, 2021 and December 31, 2020, LHFI included $20.6 billion and $22.6 billion, LHFS included $0.0 billion and $0.6 billion Operating leases assets, net included $14.7 billion and $16.4 billion, restricted cash included $1.6 billion and $1.7 billion, Other assets included $629.4 million and $791.3 million, Borrowings and other debt obligations included $29.2 billion and $31.7 billion, and Other liabilities included $81.1 million and $84.9 million of assets or liabilities that were included within VIEs, respectively. See Note 8 to these 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	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Financing Receivable, Past Due [Line Items]
Non-accrual loans	$ 1,897,566	$ 1,738,635
Non-accrual loans with no allowance	482,052	536,401
Foreclosed and other repossessed assets	248,051	207,900
Interest income recognized on nonaccrual loans	106,900	108,500
Nonperforming
Financing Receivable, Past Due [Line Items]
OREO	3,724	29,799
Repossessed vehicles	247,757	204,653
Foreclosed and other repossessed assets	294	3,247
Total OREO and other repossessed assets	251,775	237,699
Total non-performing assets	2,149,341	1,976,334
Commercial
Financing Receivable, Past Due [Line Items]
Non-accrual loans	213,841	306,215
Non-accrual loans with no allowance	168,687	214,559
Commercial | CRE
Financing Receivable, Past Due [Line Items]
Non-accrual loans	31,752	106,751
Non-accrual loans with no allowance	24,112	84,816
Commercial | C&I
Financing Receivable, Past Due [Line Items]
Non-accrual loans	69,754	107,053
Non-accrual loans with no allowance	35,965	60,029
Commercial | Multifamily
Financing Receivable, Past Due [Line Items]
Non-accrual loans	103,299	72,392
Non-accrual loans with no allowance	103,138	65,936
Commercial | Other commercial
Financing Receivable, Past Due [Line Items]
Non-accrual loans	9,036	20,019
Non-accrual loans with no allowance	5,472	3,778
Consumer
Financing Receivable, Past Due [Line Items]
Non-accrual loans	1,683,725	1,432,420
Non-accrual loans with no allowance	313,365	321,842
Consumer | Residential mortgages
Financing Receivable, Past Due [Line Items]
Non-accrual loans	123,548	160,172
Non-accrual loans with no allowance	71,463	98,308
Consumer | Home equity loans and lines of credit
Financing Receivable, Past Due [Line Items]
Non-accrual loans	88,310	91,606
Non-accrual loans with no allowance	39,693	32,130
Consumer | RICs and auto loans
Financing Receivable, Past Due [Line Items]
Non-accrual loans	1,467,928	1,174,317
Non-accrual loans with no allowance	202,193	191,370
Consumer | Personal unsecured loans
Financing Receivable, Past Due [Line Items]
Non-accrual loans	2,892	0
Non-accrual loans with no allowance	0	0
Consumer | Other consumer
Financing Receivable, Past Due [Line Items]
Non-accrual loans	1,047	6,325
Non-accrual loans with no allowance	$ 16	$ 34

LOANS AND ALLOWANCE FOR CREDI_7

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Age Analysis of Past Due Loans) (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	$ 92,330,835,000	$ 94,359,378,000
Recorded Investment Greater than 90 Days and Accruing	2,314,000	52,863,000
LHFS	166,800,000	265,400,000
Financial Asset, Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	4,286,207,000	4,194,940,000
30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	3,769,693,000	3,475,725,000
90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	516,514,000	719,215,000
Financial Asset, Not Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	88,044,628,000	90,164,438,000
Commercial
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	37,743,492,000	39,942,857,000
LHFS	88,200,000	254,500,000
Commercial | CRE
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	7,227,003,000	7,355,871,000
Recorded Investment Greater than 90 Days and Accruing	0	0
LHFS		28,000,000
Commercial | CRE | Financial Asset, Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	13,062,000	111,624,000
Commercial | CRE | 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	4,287,000	41,320,000
Commercial | CRE | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	8,775,000	70,304,000
Commercial | CRE | Financial Asset, Not Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	7,213,941,000	7,244,247,000
Commercial | C&I
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	14,799,076,000	16,760,248,000
Recorded Investment Greater than 90 Days and Accruing	0	0
LHFS	88,200,000	222,300,000
Commercial | C&I | Financial Asset, Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	51,337,000	105,642,000
Commercial | C&I | 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	31,475,000	59,759,000
Commercial | C&I | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	19,862,000	45,883,000
Commercial | C&I | Financial Asset, Not Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	14,747,739,000	16,654,606,000
Commercial | Multifamily
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	7,547,382,000	8,370,902,000
Recorded Investment Greater than 90 Days and Accruing	0	0
LHFS		3,800,000
Commercial | Multifamily | Financial Asset, Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	2,910,000	113,780,000
Commercial | Multifamily | 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	336,000	47,116,000
Commercial | Multifamily | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	2,574,000	66,664,000
Commercial | Multifamily | Financial Asset, Not Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	7,544,472,000	8,257,122,000
Commercial | Other commercial
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	8,170,031,000	7,455,836,000
Recorded Investment Greater than 90 Days and Accruing	0	56,000
LHFS		332,000
Commercial | Other commercial | Financial Asset, Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	80,516,000	90,207,000
Commercial | Other commercial | 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	77,842,000	80,993,000
Commercial | Other commercial | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	2,674,000	9,214,000
Commercial | Other commercial | Financial Asset, Not Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	8,089,515,000	7,365,629,000
Consumer | Residential mortgages
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	5,765,371,000	6,994,383,000
Recorded Investment Greater than 90 Days and Accruing	0	0
LHFS	166,800,000	404,200,000
Consumer | Residential mortgages | Financial Asset, Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	173,029,000	320,972,000
Consumer | Residential mortgages | 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	83,626,000	209,274,000
Consumer | Residential mortgages | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	89,403,000	111,698,000
Consumer | Residential mortgages | Financial Asset, Not Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	5,592,342,000	6,673,411,000
Consumer | Home equity loans and lines of credit
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	3,487,234,000	4,108,505,000
Recorded Investment Greater than 90 Days and Accruing	0	0
Consumer | Home equity loans and lines of credit | Financial Asset, Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	86,177,000	103,685,000
Consumer | Home equity loans and lines of credit | 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	22,871,000	31,488,000
Consumer | Home equity loans and lines of credit | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	63,306,000	72,197,000
Consumer | Home equity loans and lines of credit | Financial Asset, Not Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	3,401,057,000	4,004,820,000
Consumer | RICs and auto loans
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	43,183,098,000	41,372,690,000
Recorded Investment Greater than 90 Days and Accruing	0	0
LHFS		674,000,000
Consumer | RICs and auto loans | Financial Asset, Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	3,859,552,000	3,229,361,000
Consumer | RICs and auto loans | 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	3,535,402,000	2,944,376,000
Consumer | RICs and auto loans | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	324,150,000	284,985,000
Consumer | RICs and auto loans | Financial Asset, Not Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	39,323,546,000	38,143,329,000
Consumer | Personal unsecured loans
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	2,009,654,000	1,717,909,000
Recorded Investment Greater than 90 Days and Accruing	2,314,000	52,807,000
LHFS		893,500,000
Consumer | Personal unsecured loans | Financial Asset, Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	15,567,000	112,623,000
Consumer | Personal unsecured loans | 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	10,361,000	56,041,000
Consumer | Personal unsecured loans | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	5,206,000	56,582,000
Consumer | Personal unsecured loans | Financial Asset, Not Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	1,994,087,000	1,605,286,000
Consumer | Other consumer
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	141,986,000	223,034,000
Recorded Investment Greater than 90 Days and Accruing	0	0
Consumer | Other consumer | Financial Asset, Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	4,057,000	7,046,000
Consumer | Other consumer | 30-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	3,493,000	5,358,000
Consumer | Other consumer | 90 Days or Greater
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	564,000	1,688,000
Consumer | Other consumer | Financial Asset, Not Past Due
Financing Receivable, Past Due [Line Items]
Total Financing Receivables	$ 137,929,000	$ 215,988,000

LOANS AND ALLOWANCE FOR CREDI_8

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Lending Asset Quality Indicators) (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 92,330,835,000	$ 94,359,378,000
LHFS	166,800,000	265,400,000
Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	10,761,472,000	10,324,958,000
Year two	7,561,028,000	8,783,251,000
Year three	6,809,027,000	7,443,648,000
Year four	4,167,072,000	3,793,884,000
Year five	2,402,126,000	2,243,431,000
Prior	6,042,767,000	7,353,685,000
Total	37,743,492,000	39,942,857,000
LHFS	88,200,000	254,500,000
Revolving to Term	362,700,000	599,500,000
Commercial | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	10,143,750,000	9,794,443,000
Year two	7,102,191,000	8,145,195,000
Year three	5,963,122,000	6,582,401,000
Year four	3,365,041,000	3,327,043,000
Year five	2,010,478,000	1,830,626,000
Prior	5,318,883,000	6,245,767,000
Total	33,903,465,000	35,925,475,000
Commercial | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	18,812,000	39,929,000
Year two	41,758,000	202,422,000
Year three	286,094,000	374,698,000
Year four	225,329,000	203,980,000
Year five	158,629,000	210,028,000
Prior	171,289,000	405,027,000
Total	901,911,000	1,436,084,000
Commercial | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	87,301,000	75,763,000
Year two	158,764,000	140,837,000
Year three	383,269,000	411,279,000
Year four	536,760,000	246,144,000
Year five	227,060,000	186,006,000
Prior	547,439,000	636,822,000
Total	1,940,593,000	1,696,851,000
Commercial | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	0	3,504,000
Year two	0	145,000
Year three	0	179,000
Year four	0	1,616,000
Year five	0	1,383,000
Prior	0	11,234,000
Total	0	18,061,000
Commercial | N/A
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	511,609,000	411,319,000
Year two	258,315,000	294,652,000
Year three	176,542,000	75,091,000
Year four	39,942,000	15,101,000
Year five	5,959,000	15,388,000
Prior	5,156,000	54,835,000
Total	997,523,000	866,386,000
Commercial | CRE
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	1,006,516,000	759,345,000
Year two	1,305,170,000	1,456,481,000
Year three	1,466,790,000	1,767,488,000
Year four	1,174,852,000	893,808,000
Year five	607,383,000	668,470,000
Prior	1,666,292,000	1,810,279,000
Total	7,227,003,000	7,355,871,000
LHFS		28,000,000
Commercial | CRE | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	986,225,000	722,210,000
Year two	1,283,784,000	1,424,392,000
Year three	1,308,729,000	1,656,560,000
Year four	918,097,000	816,607,000
Year five	446,715,000	542,979,000
Prior	1,512,165,000	1,536,812,000
Total	6,455,715,000	6,699,560,000
Commercial | CRE | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	0	28,876,000
Year two	9,490,000	15,480,000
Year three	26,892,000	81,167,000
Year four	118,103,000	43,368,000
Year five	117,703,000	79,555,000
Prior	35,135,000	83,751,000
Total	307,323,000	332,197,000
Commercial | CRE | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	20,291,000	8,259,000
Year two	11,896,000	16,609,000
Year three	131,169,000	29,761,000
Year four	138,652,000	33,833,000
Year five	42,965,000	45,936,000
Prior	118,992,000	189,716,000
Total	463,965,000	324,114,000
Commercial | CRE | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	0	0
Year two	0	0
Year three	0	0
Year four	0	0
Year five	0	0
Prior	0	0
Total	0	0
Commercial | CRE | N/A
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	0	0
Year two	0	0
Year three	0	0
Year four	0	0
Year five	0	0
Prior	0	0
Total	0	0
Commercial | C&I
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	4,414,090,000	5,146,915,000
Year two	3,566,102,000	3,812,347,000
Year three	2,522,819,000	3,181,668,000
Year four	1,300,417,000	994,505,000
Year five	652,296,000	785,437,000
Prior	2,343,352,000	2,839,376,000
Total	14,799,076,000	16,760,248,000
LHFS	88,200,000	222,300,000
Commercial | C&I | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	3,828,736,000	4,661,409,000
Year two	3,213,214,000	3,365,828,000
Year three	2,179,598,000	2,798,209,000
Year four	1,179,065,000	868,373,000
Year five	574,141,000	585,083,000
Prior	2,042,111,000	2,305,305,000
Total	13,016,865,000	14,584,207,000
Commercial | C&I | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	11,003,000	11,000,000
Year two	32,268,000	136,413,000
Year three	154,820,000	134,388,000
Year four	31,026,000	49,601,000
Year five	25,176,000	99,042,000
Prior	98,964,000	254,102,000
Total	353,257,000	684,546,000
Commercial | C&I | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	62,742,000	60,034,000
Year two	62,305,000	15,309,000
Year three	11,859,000	173,900,000
Year four	50,384,000	59,814,000
Year five	47,020,000	84,642,000
Prior	197,121,000	213,908,000
Total	431,431,000	607,607,000
Commercial | C&I | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	0	3,153,000
Year two	0	145,000
Year three	0	80,000
Year four	0	1,616,000
Year five	0	1,282,000
Prior	0	11,226,000
Total	0	17,502,000
Commercial | C&I | N/A
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	511,609,000	411,319,000
Year two	258,315,000	294,652,000
Year three	176,542,000	75,091,000
Year four	39,942,000	15,101,000
Year five	5,959,000	15,388,000
Prior	5,156,000	54,835,000
Total	997,523,000	866,386,000
Commercial | Multifamily
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	1,584,118,000	885,554,000
Year two	824,678,000	2,082,649,000
Year three	1,856,787,000	1,712,487,000
Year four	1,237,441,000	1,457,976,000
Year five	879,924,000	584,060,000
Prior	1,164,434,000	1,648,176,000
Total	7,547,382,000	8,370,902,000
LHFS		3,800,000
Commercial | Multifamily | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	1,575,287,000	880,199,000
Year two	740,684,000	1,938,271,000
Year three	1,522,367,000	1,361,178,000
Year four	820,900,000	1,198,819,000
Year five	729,510,000	503,267,000
Prior	905,967,000	1,365,066,000
Total	6,294,715,000	7,246,800,000
Commercial | Multifamily | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	4,850,000	0
Year two	0	39,433,000
Year three	101,375,000	147,872,000
Year four	71,031,000	110,906,000
Year five	15,125,000	31,348,000
Prior	35,449,000	59,072,000
Total	227,830,000	388,631,000
Commercial | Multifamily | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	3,981,000	5,355,000
Year two	83,994,000	104,945,000
Year three	233,045,000	203,437,000
Year four	345,510,000	148,251,000
Year five	135,289,000	49,445,000
Prior	223,018,000	224,038,000
Total	1,024,837,000	735,471,000
Commercial | Multifamily | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	0	0
Year two	0	0
Year three	0	0
Year four	0	0
Year five	0	0
Prior	0	0
Total	0	0
Commercial | Multifamily | N/A
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	0	0
Year two	0	0
Year three	0	0
Year four	0	0
Year five	0	0
Prior	0	0
Total	0	0
Commercial | Remaining commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	3,756,748,000	3,533,144,000
Year two	1,865,078,000	1,431,774,000
Year three	962,631,000	782,005,000
Year four	454,362,000	447,595,000
Year five	262,523,000	205,464,000
Prior	868,689,000	1,055,854,000
Total	8,170,031,000	7,455,836,000
LHFS		332,000
Commercial | Remaining commercial | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	3,753,502,000	3,530,625,000
Year two	1,864,509,000	1,416,704,000
Year three	952,428,000	766,454,000
Year four	446,979,000	443,244,000
Year five	260,112,000	199,297,000
Prior	858,640,000	1,038,584,000
Total	8,136,170,000	7,394,908,000
Commercial | Remaining commercial | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	2,959,000	53,000
Year two	0	11,096,000
Year three	3,007,000	11,271,000
Year four	5,169,000	105,000
Year five	625,000	83,000
Prior	1,741,000	8,102,000
Total	13,501,000	30,710,000
Commercial | Remaining commercial | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	287,000	2,115,000
Year two	569,000	3,974,000
Year three	7,196,000	4,181,000
Year four	2,214,000	4,246,000
Year five	1,786,000	5,983,000
Prior	8,308,000	9,160,000
Total	20,360,000	29,659,000
Commercial | Remaining commercial | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	0	351,000
Year two	0	0
Year three	0	99,000
Year four	0	0
Year five	0	101,000
Prior	0	8,000
Total	0	559,000
Commercial | Remaining commercial | N/A
Financing Receivable, Credit Quality Indicator [Line Items]
Current fiscal year	0	0
Year two	0	0
Year three	0	0
Year four	0	0
Year five	0	0
Prior	0	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		Dec. 31, 2021	Dec. 31, 2020
Loans Receivable [Line Items]
Total	[1],[2]	$ 92,075,812	$ 92,133,182
Consumer
Loans Receivable [Line Items]
Total		54,420,532	52,444,779
RICs and auto loans | Consumer
Loans Receivable [Line Items]
Current fiscal year		21,206,427	18,592,330
Year two		10,257,057	11,958,307
Year three		6,761,592	5,482,872
Year four		2,988,734	2,211,463
Year five		1,069,897	1,346,332
Prior		899,391	1,107,338
Total		$ 43,183,098	$ 40,698,642
Total, percent		100.00%	100.00%
RICs and auto loans | Consumer | No FICO
Loans Receivable [Line Items]
Current fiscal year		$ 1,427,962	$ 1,326,026
Year two		733,752	839,412
Year three		449,965	450,539
Year four		244,829	484,975
Year five		201,129	230,382
Prior		108,766	142,746
Total		$ 3,166,403	$ 3,474,080
Total, percent		7.40%	8.50%
RICs and auto loans | Consumer | FICO score less than 600
Loans Receivable [Line Items]
Current fiscal year		$ 7,410,017	$ 6,056,260
Year two		3,768,302	4,373,991
Year three		2,574,070	2,648,215
Year four		1,488,371	1,126,742
Year five		580,881	685,830
Prior		515,318	634,480
Total		$ 16,336,959	$ 15,525,518
Total, percent		37.80%	38.20%
RICs and auto loans | Consumer | FICO score of 600 to 639
Loans Receivable [Line Items]
Current fiscal year		$ 3,574,644	$ 2,782,566
Year two		1,585,530	1,912,731
Year three		1,056,397	1,001,985
Year four		537,222	335,111
Year five		165,318	229,690
Prior		141,316	173,501
Total		$ 7,060,427	$ 6,435,584
Total, percent		16.30%	15.80%
RICs and auto loans | Consumer | FICO score equal to or greater than 640
Loans Receivable [Line Items]
Current fiscal year		$ 8,793,804	$ 8,427,478
Year two		4,169,473	4,832,173
Year three		2,681,160	1,382,133
Year four		718,312	264,635
Year five		122,569	200,430
Prior		133,991	156,611
Total		$ 16,619,309	$ 15,263,460
Total, percent		38.50%	37.50%
[1]	LHFI includes $33.5 million and $50.4 million of loans recorded at fair value at December 31, 2021 and December 31, 2020, respectively.
[2]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At December 31, 2021 and December 31, 2020, LHFI included $20.6 billion and $22.6 billion, LHFS included $0.0 billion and $0.6 billion Operating leases assets, net included $14.7 billion and $16.4 billion, restricted cash included $1.6 billion and $1.7 billion, Other assets included $629.4 million and $791.3 million, Borrowings and other debt obligations included $29.2 billion and $31.7 billion, and Other liabilities included $81.1 million and $84.9 million of assets or liabilities that were included within VIEs, respectively. See Note 8 to these 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		Dec. 31, 2021	Dec. 31, 2020
Loans Receivable [Line Items]
Total	[1],[2]	$ 92,075,812	$ 92,133,182
Consumer
Loans Receivable [Line Items]
Total		54,420,532	52,444,779
Consumer | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		1,151,799	1,189,694
Year two		1,021,133	1,179,322
Year three		722,712	652,298
Year four		363,012	840,968
Year five		505,475	807,057
Prior		1,834,429	1,920,829
Total		5,598,560	6,590,168
Consumer | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		173,004	246,003
Year two		242,782	378,348
Year three		312,312	466,662
Year four		390,091	450,129
Year five		365,536	348,805
Prior		2,003,509	2,218,558
Total		3,487,234	4,108,505
Revolving		3,351,179	3,929,414
Consumer | LTV less than or equal to 70% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		747,089	538,232
Year two		831,112	504,181
Year three		517,103	382,527
Year four		293,783	708,641
Year five		497,556	766,657
Prior		1,812,989	1,866,055
Total		4,699,632	4,766,293
Consumer | LTV less than or equal to 70% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		127,312	185,611
Year two		231,024	251,619
Year three		297,239	330,909
Year four		378,400	372,523
Year five		359,912	321,712
Prior		1,844,783	1,869,887
Total		3,238,670	3,332,261
Revolving		3,146,199	3,222,783
Consumer | LTV of 70.01% to 80% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		267,073	357,296
Year two		128,177	356,003
Year three		203,275	138,233
Year four		68,892	112,571
Year five		6,699	37,926
Prior		10,066	26,556
Total		684,182	1,028,585
Consumer | LTV of 70.01% to 90% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		38,965	55,993
Year two		7,636	121,363
Year three		11,103	130,120
Year four		6,779	71,593
Year five		816	23,010
Prior		63,631	185,492
Total		128,930	587,571
Revolving		123,895	575,563
Consumer | LTV of 80.01% to 90% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		66,314	70,633
Year two		60,938	266,041
Year three		1,657	130,338
Year four		0	17,638
Year five		751	604
Prior		2,652	11,268
Total		132,312	496,522
Consumer | LTV of 90.01% to 100% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		59,719	114,044
Year two		0	50,927
Year three		0	0
Year four		0	0
Year five		0	293
Prior		2,123	3,964
Total		61,842	169,228
Consumer | LTV of 90.01% to 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		1,518	486
Year two		498	143
Year three		47	0
Year four		3	0
Year five		0	0
Prior		16,522	49,390
Total		18,588	50,019
Revolving		17,064	46,015
Consumer | LTV of 100.01% to 110% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		0	101
Year two		0	0
Year three		0	0
Year four		0	571
Year five		0	0
Prior		861	2,851
Total		861	3,523
Consumer | LTV greater than 110% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	92
Prior		2,658	4,952
Total		2,658	5,044
Consumer | LTV greater than 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		3,358	758
Year two		622	62
Year three		0	0
Year four		0	0
Year five		0	0
Prior		9,481	29,416
Total		13,461	30,236
Revolving		13,370	28,449
Consumer | LTV not applicable | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		11,604	109,388
Year two		906	2,170
Year three		677	1,200
Year four		337	1,547
Year five		469	1,485
Prior		3,080	5,183
Total		17,073	120,973
Consumer | LTV not applicable | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		1,851	3,155
Year two		3,002	5,161
Year three		3,923	5,633
Year four		4,909	6,013
Year five		4,808	4,083
Prior		69,092	84,373
Total		87,585	108,418
Revolving		50,651	56,604
Consumer | FICO score not applicable | LTV less than or equal to 70% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		0	750
Year two		714	0
Year three		0	521
Year four		0	500
Year five		486	0
Prior		2,556	3,148
Total		3,756	4,919
Consumer | FICO score not applicable | LTV less than or equal to 70% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		376	0
Year two		203	0
Year three		293	0
Year four		133	0
Year five		349	77
Prior		1,141	531
Total		2,495	608
Revolving		2,495	608
Consumer | FICO score not applicable | LTV of 70.01% to 80% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		0	0
Total		0	0
Consumer | FICO score not applicable | LTV of 70.01% to 90% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		0	8
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		0	0
Total		0	8
Revolving		0	8
Consumer | FICO score not applicable | LTV of 80.01% to 90% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		0	0
Total		0	0
Consumer | FICO score not applicable | LTV of 90.01% to 100% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		0	0
Total		0	0
Consumer | FICO score not applicable | LTV of 90.01% to 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		0	0
Total		0	0
Revolving		0	0
Consumer | FICO score not applicable | LTV of 100.01% to 110% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		0	0
Total		0	0
Consumer | FICO score not applicable | LTV greater than 110% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		0	0
Total		0	0
Consumer | FICO score not applicable | LTV greater than 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		0	0
Total		0	0
Revolving		0	0
Consumer | FICO score not applicable | LTV not applicable | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		11,604	109,388
Year two		906	2,170
Year three		677	1,200
Year four		337	1,547
Year five		469	1,485
Prior		2,551	4,410
Total		16,544	120,200
Consumer | FICO score not applicable | LTV not applicable | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		1,532	2,840
Year two		2,918	4,407
Year three		3,840	5,504
Year four		4,801	5,514
Year five		4,530	4,083
Prior		67,463	83,060
Total		85,084	105,408
Revolving		48,176	53,654
Consumer | FICO score less than 600 | LTV less than or equal to 70% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		473	876
Year two		3,071	3,988
Year three		6,423	6,255
Year four		10,459	13,646
Year five		15,692	13,775
Prior		80,996	109,076
Total		117,114	147,616
Consumer | FICO score less than 600 | LTV less than or equal to 70% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		124	727
Year two		782	3,389
Year three		3,491	7,255
Year four		9,835	10,780
Year five		11,918	15,566
Prior		107,603	121,240
Total		133,753	158,957
Revolving		116,942	137,921
Consumer | FICO score less than 600 | LTV of 70.01% to 80% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		554	1,053
Year two		890	5,235
Year three		9,350	4,603
Year four		6,536	7,707
Year five		1,992	3,406
Prior		791	2,832
Total		20,113	24,836
Consumer | FICO score less than 600 | LTV of 70.01% to 90% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		22	238
Year two		0	1,901
Year three		279	4,029
Year four		300	2,727
Year five		45	1,698
Prior		2,223	13,383
Total		2,869	23,976
Revolving		2,779	21,484
Consumer | FICO score less than 600 | LTV of 80.01% to 90% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		1,107	221
Year two		758	8,801
Year three		122	8,442
Year four		0	1,577
Year five		194	0
Prior		323	1,102
Total		2,504	20,143
Consumer | FICO score less than 600 | LTV of 90.01% to 100% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		222	292
Year two		0	2,792
Year three		0	0
Year four		0	0
Year five		0	219
Prior		0	690
Total		222	3,993
Consumer | FICO score less than 600 | LTV of 90.01% to 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		716	2,389
Total		716	2,389
Revolving		657	2,017
Consumer | FICO score less than 600 | LTV of 100.01% to 110% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		0	353
Total		0	353
Consumer | FICO score less than 600 | LTV greater than 110% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		1,199	1,445
Total		1,199	1,445
Consumer | FICO score less than 600 | LTV greater than 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		1,059	2,391
Total		1,059	2,391
Revolving		1,035	2,369
Consumer | FICO score less than 600 | LTV not applicable | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		0	92
Total		0	92
Consumer | FICO score less than 600 | LTV not applicable | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		25	0
Year four		0	15
Year five		100	0
Prior		60	562
Total		185	577
Revolving		184	555
Consumer | FICO score of 600 to 639 | LTV less than or equal to 70% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		874	3,058
Year two		7,579	3,923
Year three		16,259	4,275
Year four		5,273	11,593
Year five		11,251	10,710
Prior		65,491	81,496
Total		106,727	115,055
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]
Current fiscal year		332	1,265
Year two		1,764	2,589
Year three		5,558	8,921
Year four		10,950	13,240
Year five		11,225	11,873
Prior		91,711	100,148
Total		121,540	138,036
Revolving		111,806	128,515
Consumer | FICO score of 600 to 639 | LTV of 70.01% to 80% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		1,597	1,585
Year two		3,333	4,839
Year three		7,608	3,901
Year four		3,120	5,300
Year five		1,037	2,040
Prior		605	2,935
Total		17,300	20,600
Consumer | FICO score of 600 to 639 | LTV of 70.01% to 90% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		80	728
Year two		0	3,149
Year three		396	5,618
Year four		247	2,491
Year five		74	433
Prior		2,986	8,812
Total		3,783	21,231
Revolving		3,469	19,784
Consumer | FICO score of 600 to 639 | LTV of 80.01% to 90% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		874	1,233
Year two		2,668	6,910
Year three		249	5,693
Year four		0	1,870
Year five		0	249
Prior		686	581
Total		4,477	16,536
Consumer | FICO score of 600 to 639 | LTV of 90.01% to 100% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		2,904	2,321
Year two		0	2,364
Year three		0	0
Year four		0	0
Year five		0	0
Prior		651	193
Total		3,555	4,878
Consumer | FICO score of 600 to 639 | LTV of 90.01% to 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		1,520	1,803
Total		1,520	1,803
Revolving		1,347	1,706
Consumer | FICO score of 600 to 639 | LTV of 100.01% to 110% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		29	707
Total		29	707
Consumer | FICO score of 600 to 639 | LTV greater than 110% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		0	333
Total		0	333
Consumer | FICO score of 600 to 639 | LTV greater than 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		167	3,235
Total		167	3,235
Revolving		167	2,858
Consumer | FICO score of 600 to 639 | LTV not applicable | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		26	0
Total		26	0
Consumer | FICO score of 600 to 639 | LTV not applicable | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		15	0
Prior		520	51
Total		535	51
Revolving		535	29
Consumer | FICO score of 640 to 679 | LTV less than or equal to 70% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		11,217	11,264
Year two		17,410	21,946
Year three		17,973	17,039
Year four		21,395	24,447
Year five		26,162	26,992
Prior		124,216	124,559
Total		218,373	226,247
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]
Current fiscal year		1,955	4,983
Year two		6,071	15,432
Year three		16,141	23,718
Year four		23,548	26,211
Year five		21,145	19,167
Prior		149,878	152,823
Total		218,738	242,334
Revolving		209,365	231,152
Consumer | FICO score of 640 to 679 | LTV of 70.01% to 80% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		2,695	12,585
Year two		4,563	18,756
Year three		19,042	8,079
Year four		7,315	7,117
Year five		833	1,377
Prior		617	2,426
Total		35,065	50,340
Consumer | FICO score of 640 to 679 | LTV of 70.01% to 90% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		898	2,166
Year two		582	8,599
Year three		815	10,455
Year four		692	5,391
Year five		26	1,377
Prior		6,977	17,425
Total		9,990	45,413
Revolving		8,433	44,187
Consumer | FICO score of 640 to 679 | LTV of 80.01% to 90% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		4,623	2,385
Year two		4,128	18,975
Year three		838	12,715
Year four		0	1,265
Year five		0	0
Prior		280	1,108
Total		9,869	36,448
Consumer | FICO score of 640 to 679 | LTV of 90.01% to 100% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		5,978	7,256
Year two		0	4,501
Year three		0	0
Year four		0	0
Year five		0	0
Prior		55	573
Total		6,033	12,330
Consumer | FICO score of 640 to 679 | LTV of 90.01% to 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	53
Year three		0	0
Year four		0	0
Year five		0	0
Prior		2,683	6,279
Total		2,683	6,332
Revolving		2,491	5,784
Consumer | FICO score of 640 to 679 | LTV of 100.01% to 110% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		0	240
Total		0	240
Consumer | FICO score of 640 to 679 | LTV greater than 110% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		120	432
Total		120	432
Consumer | FICO score of 640 to 679 | LTV greater than 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		66	48
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		584	723
Total		650	771
Revolving		650	533
Consumer | FICO score of 640 to 679 | LTV not applicable | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		11	0
Total		11	0
Consumer | FICO score of 640 to 679 | LTV not applicable | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		0	95
Year two		0	0
Year three		0	0
Year four		0	100
Year five		0	0
Prior		131	70
Total		131	265
Revolving		114	265
Consumer | FICO score of 680 to 719 | LTV less than or equal to 70% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		53,618	34,802
Year two		50,541	49,625
Year three		63,067	41,447
Year four		33,964	56,362
Year five		58,213	54,836
Prior		207,741	196,173
Total		467,144	433,245
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]
Current fiscal year		14,566	26,177
Year two		28,722	31,112
Year three		39,326	49,618
Year four		55,143	53,778
Year five		51,826	49,893
Prior		259,309	249,565
Total		448,892	460,143
Revolving		437,913	444,254
Consumer | FICO score of 680 to 719 | LTV of 70.01% to 80% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		22,651	38,582
Year two		13,754	37,546
Year three		27,627	20,202
Year four		11,358	18,615
Year five		1,027	5,047
Prior		1,842	4,556
Total		78,259	124,548
Consumer | FICO score of 680 to 719 | LTV of 70.01% to 90% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		7,155	8,483
Year two		788	17,515
Year three		2,726	19,442
Year four		1,677	11,250
Year five		282	2,996
Prior		9,901	24,541
Total		22,529	84,227
Revolving		21,834	82,534
Consumer | FICO score of 680 to 719 | LTV of 80.01% to 90% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		15,135	7,616
Year two		9,830	39,239
Year three		0	22,510
Year four		0	2,195
Year five		0	0
Prior		818	3,025
Total		25,783	74,585
Consumer | FICO score of 680 to 719 | LTV of 90.01% to 100% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		13,058	29,050
Year two		0	8,147
Year three		0	0
Year four		0	0
Year five		0	0
Prior		463	526
Total		13,521	37,723
Consumer | FICO score of 680 to 719 | LTV of 90.01% to 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		48	90
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		3,824	7,810
Total		3,872	7,900
Revolving		3,600	7,128
Consumer | FICO score of 680 to 719 | LTV of 100.01% to 110% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		0	101
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		271	475
Total		271	576
Consumer | FICO score of 680 to 719 | LTV greater than 110% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		263	802
Total		263	802
Consumer | FICO score of 680 to 719 | LTV greater than 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		221	0
Year two		35	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		2,933	5,756
Total		3,189	5,756
Revolving		3,189	5,477
Consumer | FICO score of 680 to 719 | LTV not applicable | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		24	73
Total		24	73
Consumer | FICO score of 680 to 719 | LTV not applicable | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	144
Year three		0	0
Year four		0	63
Year five		0	0
Prior		156	149
Total		156	356
Revolving		156	351
Consumer | FICO score of 720 to 759 | LTV less than or equal to 70% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		151,630	105,769
Year two		131,054	89,140
Year three		95,045	88,485
Year four		67,156	145,301
Year five		87,133	132,720
Prior		298,402	285,308
Total		830,420	846,723
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]
Current fiscal year		29,419	39,927
Year two		48,535	49,716
Year three		58,649	62,795
Year four		70,611	79,821
Year five		80,215	68,503
Prior		334,534	348,679
Total		621,963	649,441
Revolving		609,953	634,206
Consumer | FICO score of 720 to 759 | LTV of 70.01% to 80% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		76,151	81,595
Year two		32,676	62,488
Year three		49,429	29,767
Year four		14,447	25,421
Year five		785	8,163
Prior		2,075	5,334
Total		175,563	212,768
Consumer | FICO score of 720 to 759 | LTV of 70.01% to 90% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		11,448	14,064
Year two		2,044	28,552
Year three		2,939	30,553
Year four		1,752	15,094
Year five		287	5,386
Prior		12,044	35,066
Total		30,514	128,715
Revolving		29,561	126,755
Consumer | FICO score of 720 to 759 | LTV of 80.01% to 90% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		22,071	16,714
Year two		19,657	57,807
Year three		0	30,850
Year four		0	2,754
Year five		0	355
Prior		113	1,566
Total		41,841	110,046
Consumer | FICO score of 720 to 759 | LTV of 90.01% to 100% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		17,901	37,846
Year two		0	12,066
Year three		0	0
Year four		0	0
Year five		0	0
Prior		673	563
Total		18,574	50,475
Consumer | FICO score of 720 to 759 | LTV of 90.01% to 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		673	0
Year two		0	69
Year three		0	0
Year four		0	0
Year five		0	0
Prior		1,599	8,270
Total		2,272	8,339
Revolving		2,211	7,128
Consumer | FICO score of 720 to 759 | LTV of 100.01% to 110% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		71	68
Total		71	68
Consumer | FICO score of 720 to 759 | LTV greater than 110% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		139	206
Total		139	206
Consumer | FICO score of 720 to 759 | LTV greater than 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		493	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		2,539	7,611
Total		3,032	7,611
Revolving		2,967	7,313
Consumer | FICO score of 720 to 759 | LTV not applicable | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		123	227
Total		123	227
Consumer | FICO score of 720 to 759 | LTV not applicable | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		13	35
Year two		84	56
Year three		51	0
Year four		0	253
Year five		60	0
Prior		103	122
Total		311	466
Revolving		303	466
Consumer | FICO score equal to or greater than 760 | LTV less than or equal to 70% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		529,277	381,713
Year two		620,743	335,559
Year three		318,336	224,505
Year four		155,536	456,792
Year five		298,619	527,624
Prior		1,033,587	1,066,295
Total		2,956,098	2,992,488
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]
Current fiscal year		80,540	112,532
Year two		144,947	149,381
Year three		173,781	178,602
Year four		208,180	188,693
Year five		183,234	156,633
Prior		900,607	896,901
Total		1,691,289	1,682,742
Revolving		1,657,725	1,646,127
Consumer | FICO score equal to or greater than 760 | LTV of 70.01% to 80% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		163,425	221,896
Year two		72,961	227,139
Year three		90,219	71,681
Year four		26,116	48,411
Year five		1,025	17,893
Prior		4,136	8,473
Total		357,882	595,493
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]
Current fiscal year		19,362	30,306
Year two		4,222	61,647
Year three		3,948	60,023
Year four		2,111	34,640
Year five		102	11,120
Prior		29,500	86,265
Total		59,245	284,001
Revolving		57,819	280,811
Consumer | FICO score equal to or greater than 760 | LTV of 80.01% to 90% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		22,504	42,464
Year two		23,897	134,309
Year three		448	50,128
Year four		0	7,977
Year five		557	0
Prior		432	3,886
Total		47,838	238,764
Consumer | FICO score equal to or greater than 760 | LTV of 90.01% to 100% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		19,656	37,279
Year two		0	21,057
Year three		0	0
Year four		0	0
Year five		0	74
Prior		281	1,419
Total		19,937	59,829
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]
Current fiscal year		797	396
Year two		498	21
Year three		47	0
Year four		3	0
Year five		0	0
Prior		6,180	22,839
Total		7,525	23,256
Revolving		6,758	22,252
Consumer | FICO score equal to or greater than 760 | LTV of 100.01% to 110% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	571
Year five		0	0
Prior		490	1,008
Total		490	1,579
Consumer | FICO score equal to or greater than 760 | LTV greater than 110% | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	92
Prior		937	1,734
Total		937	1,826
Consumer | FICO score equal to or greater than 760 | LTV greater than 110% | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		2,578	710
Year two		587	62
Year three		0	0
Year four		0	0
Year five		0	0
Prior		2,199	9,700
Total		5,364	10,472
Revolving		5,362	9,899
Consumer | FICO score equal to or greater than 760 | LTV not applicable | Residential Mortgages
Loans Receivable [Line Items]
Current fiscal year		0	0
Year two		0	0
Year three		0	0
Year four		0	0
Year five		0	0
Prior		345	381
Total		345	381
Consumer | FICO score equal to or greater than 760 | LTV not applicable | Home equity loans and lines of credit
Loans Receivable [Line Items]
Current fiscal year		306	185
Year two		0	554
Year three		7	129
Year four		108	68
Year five		103	0
Prior		659	359
Total		1,183	1,295
Revolving		$ 1,183	$ 1,284
[1]	LHFI includes $33.5 million and $50.4 million of loans recorded at fair value at December 31, 2021 and December 31, 2020, respectively.
[2]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At December 31, 2021 and December 31, 2020, LHFI included $20.6 billion and $22.6 billion, LHFS included $0.0 billion and $0.6 billion Operating leases assets, net included $14.7 billion and $16.4 billion, restricted cash included $1.6 billion and $1.7 billion, Other assets included $629.4 million and $791.3 million, Borrowings and other debt obligations included $29.2 billion and $31.7 billion, and Other liabilities included $81.1 million and $84.9 million of assets or liabilities that were included within VIEs, respectively. See Note 8 to these 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	12 Months Ended
	Dec. 31, 2021USD ($)contract	Dec. 31, 2020USD ($)contract	Dec. 31, 2019USD ($)contract
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructurings	$ 4,249,417	$ 4,324,129
Number of Contracts | contract	82,377	103,565	75,149
Pre-TDR Recorded Investment	$ 1,947,411	$ 2,331,197	$ 1,413,561
Post-TDR Recorded Investment	$ 1,954,506	$ 2,354,345	$ 1,415,762
TDRs which Subsequently Defaulted
Number of Contracts | contract	18,927	16,171	23,185
Recorded Investment	$ 411,144	$ 370,621	$ 439,125
Commercial | CRE
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	16	42	57
Pre-TDR Recorded Investment	$ 52,090	$ 59,989	$ 101,885
Post-TDR Recorded Investment	$ 52,090	$ 59,989	$ 98,984
TDRs which Subsequently Defaulted
Number of Contracts | contract	2	35	10
Recorded Investment	$ 1,182	$ 17,168	$ 6,020
Commercial | C&I
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	457	727	91
Pre-TDR Recorded Investment	$ 47,711	$ 63,250	$ 2,591
Post-TDR Recorded Investment	$ 47,770	$ 63,402	$ 2,601
TDRs which Subsequently Defaulted
Number of Contracts | contract	109	57	122
Recorded Investment	$ 11,269	$ 11,043	$ 37,433
Commercial | Multifamily
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	3	7
Pre-TDR Recorded Investment	$ 33,351	$ 63,003
Post-TDR Recorded Investment	$ 33,351	$ 63,003
TDRs which Subsequently Defaulted
Number of Contracts | contract	0	3	0
Recorded Investment	$ 0	$ 41,629	$ 0
Commercial | Other commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	194	11
Pre-TDR Recorded Investment	$ 14,906	$ 1,108
Post-TDR Recorded Investment	$ 14,906	$ 1,108
TDRs which Subsequently Defaulted
Number of Contracts | contract	1	2	5
Recorded Investment	$ 17	$ 625	$ 35
Consumer | Residential mortgages
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	395	192	112
Pre-TDR Recorded Investment	$ 108,859	$ 16,836	$ 15,232
Post-TDR Recorded Investment	$ 108,607	$ 16,975	$ 15,498
TDRs which Subsequently Defaulted
Number of Contracts | contract	105	33	142
Recorded Investment	$ 33,689	$ 5,278	$ 16,368
Consumer | Home equity loans and lines of credit
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	557	80	148
Pre-TDR Recorded Investment	$ 85,358	$ 7,490	$ 14,671
Post-TDR Recorded Investment	$ 85,837	$ 7,863	$ 15,795
TDRs which Subsequently Defaulted
Number of Contracts | contract	26	24	25
Recorded Investment	$ 2,378	$ 3,783	$ 1,867
Consumer | RICs and auto loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	80,590	102,486	74,528
Pre-TDR Recorded Investment	$ 1,602,522	$ 2,118,125	$ 1,276,639
Post-TDR Recorded Investment	$ 1,609,358	$ 2,140,179	$ 1,280,312
TDRs which Subsequently Defaulted
Number of Contracts | contract	18,659	16,016	22,666
Recorded Investment	$ 362,157	$ 291,050	$ 375,341
Consumer | Personal unsecured loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	141	5	211
Pre-TDR Recorded Investment	$ 1,887	$ 7	$ 2,543
Post-TDR Recorded Investment	$ 1,870	$ 0	$ 2,572
TDRs which Subsequently Defaulted
Number of Contracts | contract	17	0	215
Recorded Investment	$ 254	$ 0	$ 2,061
Consumer | Other consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Contracts | contract	24	15	2
Pre-TDR Recorded Investment	$ 727	$ 1,389	$ 0
Post-TDR Recorded Investment	$ 717	$ 1,826	$ 0
TDRs which Subsequently Defaulted
Number of Contracts | contract	8	1	0
Recorded Investment	$ 198	$ 45	$ 0
Performing
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructurings	3,641,593	3,850,622
Non-performing
Financing Receivable, Troubled Debt Restructuring [Line Items]
Troubled debt restructurings	$ 607,824	$ 473,507

OPERATING LEASE ASSETS, NET (Co

OPERATING LEASE ASSETS, NET (Components of Leased Vehicles, Net) (Details) - USD ($) $ in Thousands		Dec. 31, 2021	Dec. 31, 2020
Operating Leased Assets [Line Items]
Less: accumulated depreciation		$ (3,800,000)	$ (4,800,000)
Operating lease assets, net	[1],[2]	15,406,402	16,412,929
Leased vehicles
Operating Leased Assets [Line Items]
Operating leases		19,662,593	22,056,063
Less: accumulated depreciation		(3,789,882)	(4,796,595)
Depreciated net capitalized cost		15,872,711	17,259,468
Manufacturer Subvention payments, net of accretion		(604,104)	(934,381)
Origination fees and other costs		136,013	66,020
Operating lease assets, net		15,404,620	16,391,107
Commercial equipment vehicles and aircraft
Operating Leased Assets [Line Items]
Operating leases		2,677	28,661
Less: accumulated depreciation		(895)	(6,839)
Operating lease assets, net		$ 1,782	$ 21,822
[1]	Net of accumulated depreciation of $3.8 billion and $4.8 billion at December 31, 2021 and December 31, 2020, respectively.
[2]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At December 31, 2021 and December 31, 2020, LHFI included $20.6 billion and $22.6 billion, LHFS included $0.0 billion and $0.6 billion Operating leases assets, net included $14.7 billion and $16.4 billion, restricted cash included $1.6 billion and $1.7 billion, Other assets included $629.4 million and $791.3 million, Borrowings and other debt obligations included $29.2 billion and $31.7 billion, and Other liabilities included $81.1 million and $84.9 million of assets or liabilities that were included within VIEs, respectively. See Note 8 to these Consolidated Financial Statements for additional information.

OPERATING LEASE ASSETS, NET (Fu

OPERATING LEASE ASSETS, NET (Future Minimum Rental Receivables) (Details) $ in Thousands	Dec. 31, 2021USD ($)
Leases [Abstract]
2022	$ 2,303,803
2023	1,581,934
2024	470,148
2025	50,564
2026	15
Thereafter	9
Total	$ 4,406,473

OPERATING LEASE ASSETS, NET (Na

OPERATING LEASE ASSETS, NET (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Net gain on sale of operating leases	$ 443,809	$ 243,189	$ 135,948

PREMISES AND EQUIPMENT (Summary

PREMISES AND EQUIPMENT (Summary of Premises and Equipment) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Total premise and equipment	$ 2,669,220	$ 2,416,484
Less accumulated depreciation	(1,812,827)	(1,629,143)
Total premises and equipment, net	856,393	787,341
Land
Property, Plant and Equipment [Line Items]
Total premise and equipment	77,310	81,613
Office buildings
Property, Plant and Equipment [Line Items]
Total premise and equipment	156,967	166,586
Furniture, fixtures, and equipment
Property, Plant and Equipment [Line Items]
Total premise and equipment	598,240	519,565
Leasehold improvement
Property, Plant and Equipment [Line Items]
Total premise and equipment	585,956	556,509
Computer software
Property, Plant and Equipment [Line Items]
Total premise and equipment	1,239,795	1,090,515
Automobiles and other
Property, Plant and Equipment [Line Items]
Total premise and equipment	$ 10,952	$ 1,696

PREMISES AND EQUIPMENT (Narrati

PREMISES AND EQUIPMENT (Narrative) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2021USD ($)property	Dec. 31, 2020USD ($)property	Dec. 31, 2019USD ($)propertybranch
Property, Plant and Equipment [Line Items]
Depreciation	$ 243.6	$ 209.4	$ 226.1
Number of properties sold | property	7	6	8
Net proceeds from sale of properties	$ 6.4	$ 4.3	$ 2
Net gain/(loss) on sale of fixed assets	3.5	2	0.4
Carrying value of properties sold in sale leaseback transaction	2.9	2.3	1.7
Impairment of intangible assets	$ 11.2	$ 21	$ 23.4
Affiliates | SBNA | First Commonwealth Bank | Disposed of by Sale
Property, Plant and Equipment [Line Items]
Number of bank branches | branch			14

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLES (Goodwill) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Goodwill [Line Items]
Goodwill	$ 2,596,161	$ 2,596,161
CBB
Goodwill [Line Items]
Goodwill	297,802
C&I
Goodwill [Line Items]
Goodwill	52,198
CRE & VF
Goodwill [Line Items]
Goodwill	1,095,071
CIB
Goodwill [Line Items]
Goodwill	131,130
SC
Goodwill [Line Items]
Goodwill	$ 1,019,960

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLES (Goodwill) (Narrative) (Details) - USD ($)	Oct. 01, 2021	Dec. 31, 2020	Jun. 30, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Goodwill [Line Items]
Re-allocation of Goodwill				$ 0
Impairment of goodwill	$ 0			$ 0	$ 1,848,228,000	$ 0
Reporting unit, percentage of fair value in excess of carrying amount (less than)			5.00%
CBB
Goodwill [Line Items]
Impairment of goodwill			$ 1,600,000,000
C&I
Goodwill [Line Items]
Re-allocation of Goodwill		$ 25,100,000
Impairment of goodwill			$ 300,000,000

GOODWILL AND OTHER INTANGIBLE_4

GOODWILL AND OTHER INTANGIBLES (Finite-lived Intangibles) (Details) - USD ($) $ in Thousands	1 Months Ended
	May 31, 2021	Dec. 31, 2021	Dec. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Net Carrying Amount		$ 339,079	$ 357,547
Accumulated Amortization		(353,333)	(436,376)
Credit Agricole Miami Wealth Management Business
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets acquired	$ 38,000
Finite-lived intangible asset, useful life (in years)	6 years
Dealer networks
Finite-Lived Intangible Assets [Line Items]
Net Carrying Amount		283,958	308,768
Accumulated Amortization		(186,042)	(271,232)
Chrysler relationship
Finite-Lived Intangible Assets [Line Items]
Net Carrying Amount		20,000	35,000
Accumulated Amortization		(118,750)	(103,750)
Trade name
Finite-Lived Intangible Assets [Line Items]
Net Carrying Amount		0	12,300
Accumulated Amortization		0	(5,700)
Other intangibles
Finite-Lived Intangible Assets [Line Items]
Net Carrying Amount		35,121	1,479
Accumulated Amortization		$ (48,541)	$ (55,694)

GOODWILL AND OTHER INTANGIBLE_5

GOODWILL AND OTHER INTANGIBLES (Other Intangible Assets) (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Intangibles not subject to amortization	$ 0	$ 0
Amortization of intangibles	$ 44,749,000	$ 58,661,000	$ 58,993,000

GOODWILL AND OTHER INTANGIBLE_6

GOODWILL AND OTHER INTANGIBLES (Future Amortization Expense) (Details) $ in Thousands	Dec. 31, 2021USD ($)
Calendar Year Amount
2022	$ 45,862
2023	34,608
2024	30,750
2025	30,709
2026	28,763
Thereafter	$ 168,387

OTHER ASSETS (Components) (Deta

OTHER ASSETS (Components) (Details) - USD ($) $ in Thousands		Dec. 31, 2021	Dec. 31, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Operating lease ROU assets		$ 531,408	$ 540,222
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]		Total Other assets	Total Other assets
Deferred tax assets		$ 87,931	$ 11,114
Accrued interest receivable		482,469	634,509
Derivative assets at fair value		661,080	1,219,090
Other repossessed assets		248,051	207,900
Equity method investments		260,010	272,633
MSRs		79,107	77,545
OREO		3,724	29,799
Income tax receivables		173,060	225,736
Prepaid expense		283,909	225,251
Miscellaneous assets and receivables		524,674	608,431
Total Other assets	[1],[2]	$ 3,335,423	$ 4,052,230
[1]	Includes MSRs of $79.1 million and $77.5 million at December 31, 2021 and December 31, 2020, respectively, for which the Company has elected the FVO. See Note 15 to these Consolidated Financial Statements for additional information.
[2]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At December 31, 2021 and December 31, 2020, LHFI included $20.6 billion and $22.6 billion, LHFS included $0.0 billion and $0.6 billion Operating leases assets, net included $14.7 billion and $16.4 billion, restricted cash included $1.6 billion and $1.7 billion, Other assets included $629.4 million and $791.3 million, Borrowings and other debt obligations included $29.2 billion and $31.7 billion, and Other liabilities included $81.1 million and $84.9 million of assets or liabilities that were included within VIEs, respectively. See Note 8 to these Consolidated Financial Statements for additional information.

OTHER ASSETS (Narrative) (Detai

OTHER ASSETS (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Lessee, Lease, Description [Line Items]
Operating lease expense	$ 140,800	$ 152,400	$ 145,500
Sublease income	4,400	4,500	$ 4,100
Operating lease rental payments	144,199	140,953
Operating lease ROU assets	531,408	540,222
Present value of lease liabilities	593,137	606,000
Office Space | Parent Company
Lessee, Lease, Description [Line Items]
Operating lease rental payments	5,900	4,500
Operating lease ROU assets	4,300	9,000
Present value of lease liabilities	$ 4,300	$ 9,000
Minimum
Lessee, Lease, Description [Line Items]
Renewal term (in years)	1 year
Maximum
Lessee, Lease, Description [Line Items]
Renewal term (in years)	5 years

OTHER ASSETS (Maturity of Lease

OTHER ASSETS (Maturity of Lease Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
2022	$ 139,494
2023	123,029
2024	108,389
2025	83,308
2026	56,744
Thereafter	135,835
Total lease liabilities	646,799
Less: Interest	(53,662)
Present value of lease liabilities	$ 593,137	$ 606,000

OTHER ASSETS (Operating Lease T

OTHER ASSETS (Operating Lease Term and Discount Rate) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Operating lease ROU assets	$ 531,408	$ 540,222
Operating Lease, Liability, Statement of Financial Position [Extensible List]	Various other liabilities	Various other liabilities
Present value of lease liabilities	$ 593,137	$ 606,000
Weighted-average remaining lease term (years)	6 years 4 months 24 days	6 years 6 months
Weighted-average discount rate	2.80%	2.90%

OTHER ASSETS (Other Information

OTHER ASSETS (Other Information) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Operating cash flows from operating leases	$ (144,199)	$ (140,953)
Leased assets obtained in exchange for new operating lease liabilities	$ 98,924	$ 33,930

VIEs (Assets and Liabilities of

VIEs (Assets and Liabilities of VIEs) (Details) - USD ($) $ in Thousands		Dec. 31, 2021		Dec. 31, 2020		Dec. 31, 2019
Assets
Restricted cash		$ 5,711,705	[1]	$ 5,303,460	[1]	$ 3,900,000
LHFS	[1],[2]	255,023		2,226,196
LHFI	[1],[3]	92,075,812		92,133,182
Operating lease assets, net	[1],[4]	15,406,402		16,412,929
Various other assets	[1],[5]	3,335,423		4,052,230
TOTAL ASSETS		159,821,231		149,432,676		$ 149,499,477
Liabilities
Various other liabilities	[1]	1,119,959		1,479,874
TOTAL LIABILITIES		135,353,881		128,169,964
VIEs, Primary Beneficiary
Assets
Restricted cash		1,637,311		1,737,021
LHFS		0		581,938
LHFI		20,551,716		22,572,549
Operating lease assets, net		14,668,336		16,391,107
Various other assets		629,364		791,306
TOTAL ASSETS		37,486,727		42,073,921
Liabilities
Notes payable		29,199,966		31,700,709
Various other liabilities		81,098		84,922
TOTAL LIABILITIES		$ 29,281,064		$ 31,785,631
[1]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At December 31, 2021 and December 31, 2020, LHFI included $20.6 billion and $22.6 billion, LHFS included $0.0 billion and $0.6 billion Operating leases assets, net included $14.7 billion and $16.4 billion, restricted cash included $1.6 billion and $1.7 billion, Other assets included $629.4 million and $791.3 million, Borrowings and other debt obligations included $29.2 billion and $31.7 billion, and Other liabilities included $81.1 million and $84.9 million of assets or liabilities that were included within VIEs, respectively. See Note 8 to these Consolidated Financial Statements for additional information.
[2]	Includes $166.8 million and $265.4 million of loans recorded at the FVO at December 31, 2021 and December 31, 2020, respectively.
[3]	LHFI includes $33.5 million and $50.4 million of loans recorded at fair value at December 31, 2021 and December 31, 2020, respectively.
[4]	Net of accumulated depreciation of $3.8 billion and $4.8 billion at December 31, 2021 and December 31, 2020, respectively.
[5]	Includes MSRs of $79.1 million and $77.5 million at December 31, 2021 and December 31, 2020, respectively, for which the Company has elected the FVO. See Note 15 to these Consolidated Financial Statements for additional information.

VIEs (Narrative) (Details)

VIEs (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
VIEs, Primary Beneficiary | Trusts
Variable Interest Entity [Line Items]
Gross retail installment contracts transferred to consolidated Trusts	$ 24,300,000,000	$ 27,700,000,000
VIE, Not Primary Beneficiary
Variable Interest Entity [Line Items]
Sales of receivables securitization	1,891,278,000	1,148,587,000	$ 0
Gain (loss) on retail installment contracts	7,200,000	(40,600,000)
Total serviced for other portfolio	2,371,976,000	$ 2,226,786,000
VIE, maximum exposure to loss	$ 0

VIEs (Cash Flow Summary) (Detai

VIEs (Cash Flow Summary) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
VIEs, Primary Beneficiary | Trusts
Variable Interest Entity [Line Items]
Assets securitized	$ 22,023,982	$ 18,288,882	$ 22,286,033
Net proceeds from new securitizations	19,353,730	14,319,697	17,199,821
Net proceeds from sale of retained bonds	241,233	58,491	251,602
Cash received for servicing fees	956,291	976,307	990,612
Net distributions from Trusts	5,645,995	3,940,774	3,615,461
Total cash received from Trusts	26,197,249	19,295,269	22,057,496
VIE, Not Primary Beneficiary
Variable Interest Entity [Line Items]
Receivables securitized	1,891,278	1,148,587	0
Net proceeds from new securitizations	1,779,532	1,052,541	0
Cash received for servicing fees	30,952	24,256	34,068
Total cash received from Trusts	$ 1,810,484	$ 1,076,797	$ 34,068

VIEs (Off-balance Sheet Portfol

VIEs (Off-balance Sheet Portfolio) (Details) - VIE, Not Primary Beneficiary - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Variable Interest Entity [Line Items]
Total serviced for other portfolio	$ 2,371,976	$ 2,226,786
Third-party SCART serviced securitizations
Variable Interest Entity [Line Items]
Total serviced for other portfolio	1,817,936	929,429
Third-party CCAP securitizations
Variable Interest Entity [Line Items]
Total serviced for other portfolio	0	82,713
SC
Variable Interest Entity [Line Items]
Total serviced for other portfolio	$ 554,040	$ 1,214,644

DEPOSITS AND OTHER CUSTOMER A_3

DEPOSITS AND OTHER CUSTOMER ACCOUNTS (Summary of Deposits and Other Customer Accounts) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Balance
Interest-bearing demand deposits	$ 16,335,499	$ 11,097,595
Non-interest-bearing demand deposits	22,443,957	21,800,278
Savings	5,564,934	4,827,065
Customer repurchase accounts	338,698	323,398
Money market	34,390,613	33,358,315
CDs	2,524,471	3,897,056
Total deposits	$ 81,598,172	$ 75,303,707
Percent of total deposits
Interest-bearing demand deposits (as a percent)	20.00%	14.70%
Non-interest-bearing demand deposits (as a percent)	27.50%	28.90%
Savings (as a percent)	6.80%	6.40%
Customer repurchase accounts (as a percent)	0.40%	0.40%
Money market (as a percent)	42.10%	44.40%
CDs (as a percent)	3.20%	5.20%
Total deposits (as a percent)	100.00%	100.00%
Foreign deposits	$ 6,400,000	$ 5,800,000

DEPOSITS AND OTHER CUSTOMER A_4

DEPOSITS AND OTHER CUSTOMER ACCOUNTS (Narrative) (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged as collateral, fair value	$ 5,300	$ 3,500
Demand deposit overdrafts that have been reclassified as loan balances	133.1	110.5
CD in denominations greater than $250,000	635	768.2
Public fund deposits
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged as collateral, fair value	$ 3,200	$ 2,200

DEPOSITS AND OTHER CUSTOMER A_5

DEPOSITS AND OTHER CUSTOMER ACCOUNTS (Interest Expense on Deposits) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Deposits [Abstract]
Interest-bearing demand deposits	$ 5,973	$ 22,878	$ 82,152
Savings	2,021	7,806	13,132
Customer repurchase accounts	262	647	1,643
Money market	55,463	164,730	317,299
CDs	23,384	94,344	160,245
Total Deposits	$ 87,103	$ 290,405	$ 574,471

DEPOSITS AND OTHER CUSTOMER A_6

DEPOSITS AND OTHER CUSTOMER ACCOUNTS (CD Maturity of $100,000 or More) (Details) $ in Thousands	Dec. 31, 2021USD ($)
Deposits [Abstract]
Three months or less	$ 563,146
Over three through six months	150,603
Over six through twelve months	324,165
Over twelve months	202,450
Total	$ 1,240,364

DEPOSITS AND OTHER CUSTOMER A_7

DEPOSITS AND OTHER CUSTOMER ACCOUNTS (All Company CD Maturity Schedule) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Deposits [Abstract]
2022	$ 1,997,152
2023	291,857
2024	115,933
2025	43,252
2026	73,741
Thereafter	2,536
Total	$ 2,524,471	$ 3,897,056

BORROWINGS (Narrative) (Details

BORROWINGS (Narrative) (Details) - USD ($) $ in Thousands		Dec. 31, 2021	Dec. 31, 2020
Debt Disclosure [Abstract]
Total borrowings and other debt obligations	[1]	$ 41,133,187	$ 46,359,467
[1]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At December 31, 2021 and December 31, 2020, LHFI included $20.6 billion and $22.6 billion, LHFS included $0.0 billion and $0.6 billion Operating leases assets, net included $14.7 billion and $16.4 billion, restricted cash included $1.6 billion and $1.7 billion, Other assets included $629.4 million and $791.3 million, Borrowings and other debt obligations included $29.2 billion and $31.7 billion, and Other liabilities included $81.1 million and $84.9 million of assets or liabilities that were included within VIEs, respectively. See Note 8 to these Consolidated Financial Statements for additional information.

BORROWINGS (SBNA) (Narrative) (

BORROWINGS (SBNA) (Narrative) (Details) - Bank	Dec. 31, 2021USD ($)
Debt Instrument [Line Items]
Debt repurchased	$ 0
Credit-linked notes | Senior notes
Debt Instrument [Line Items]
Debt issued	298,000,000
Related Party Notes | Senior notes
Debt Instrument [Line Items]
Debt issued	$ 1,000,000,000

BORROWINGS (SHUSA) (Narrative)

BORROWINGS (SHUSA) (Narrative) (Details) - USD ($)	Feb. 28, 2022	Jan. 06, 2022	Dec. 31, 2021
Subordinated debt | 2.88% subordinate note, due November 2031
Debt Instrument [Line Items]
Debt issued			$ 500,000,000
Stated interest rate			2.88%
Senior notes | Senior floating rate notes due June 2022
Debt Instrument [Line Items]
Debt repurchased			$ 427,900,000
Senior notes | 5.83% senior notes due March 2023
Debt Instrument [Line Items]
Stated interest rate			5.83%
Debt repurchased			$ 500,000,000
Senior notes | Fixed-to-Floating Rate Senior Notes due 2028 | Subsequent Event
Debt Instrument [Line Items]
Debt issued		$ 1,000,000,000
Stated interest rate		2.49%
Senior notes | 3.70% senior notes due March 2022
Debt Instrument [Line Items]
Stated interest rate			3.70%
Senior notes | 3.70% senior notes due March 2022 | Subsequent Event
Debt Instrument [Line Items]
Stated interest rate	3.70%
Debt repurchased	$ 706,800,000

BORROWINGS (Parent Company and

BORROWINGS (Parent Company and Other IHC Entities) (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Total borrowings and other debt obligations	[1]	$ 41,133,187	$ 46,359,467
Short-term borrowing due within one year, with an affiliate
Debt Instrument [Line Items]
Short-term borrowings, balance		$ 0	$ 123,453
Effective Rate		0.00%	2.00%
Subsidiaries | 2.00% subordinated debt maturing through 2040
Debt Instrument [Line Items]
Stated interest rate		2.00%
Subsidiaries | Short-term borrowing with an affiliate, maturing January 2021
Debt Instrument [Line Items]
Short-term borrowings, balance		$ 0	$ 200,000
Effective Rate		0.00%	0.10%
Subsidiaries | Short-term borrowing due within one year, maturing January 2022
Debt Instrument [Line Items]
Short-term borrowings, balance		$ 57,365	$ 15,750
Effective Rate		0.05%	0.05%
Parent Company and Other Subsidiaries
Debt Instrument [Line Items]
Total borrowings and other debt obligations		$ 9,679,609	$ 10,872,111
Effective Rate		3.44%	3.57%
Senior notes | 4.45% senior notes due December 2021
Debt Instrument [Line Items]
Stated interest rate		4.45%
Senior notes, balance		$ 0	$ 491,411
Effective Rate		0.00%	4.61%
Senior notes | 3.70% senior notes due March 2022
Debt Instrument [Line Items]
Stated interest rate		3.70%
Senior notes, balance		$ 706,819	$ 707,896
Effective Rate		3.67%	3.67%
Senior notes | Senior notes due June 2022
Debt Instrument [Line Items]
Senior notes, balance		$ 0	$ 427,925
Effective Rate		0.00%	1.84%
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		$ 720,947	$ 720,904
Effective Rate		1.28%	2.06%
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 | 3.40% senior notes due January 2023
Debt Instrument [Line Items]
Stated interest rate		3.40%
Senior notes, balance		$ 998,599	$ 997,298
Effective Rate		3.54%	3.54%
Senior notes | 5.83% senior notes due March 2023
Debt Instrument [Line Items]
Stated interest rate		5.83%
Senior notes, balance		$ 0	$ 500,000
Effective Rate		0.00%	5.83%
Senior notes | 3.50% senior notes due April 2023
Debt Instrument [Line Items]
Stated interest rate		3.50%
Senior notes, balance		$ 447,107	$ 447,039
Effective Rate		3.52%	3.52%
Senior notes | Senior notes, due July 2023
Debt Instrument [Line Items]
Senior notes, balance		$ 439,085	$ 439,022
Effective Rate		1.29%	2.04%
Senior notes | Senior notes, due July 2023 | 3-month LIBOR
Debt Instrument [Line Items]
Basis spread on LIBOR (as a percent)		110.00%
Senior notes | 2.88% senior notes due January 2024
Debt Instrument [Line Items]
Stated interest rate		2.88%
Senior notes, balance		$ 750,000	$ 750,000
Effective Rate		2.88%	2.88%
Senior notes | 3.50% senior notes due June 2024
Debt Instrument [Line Items]
Stated interest rate		3.50%
Senior notes, balance		$ 997,610	$ 996,687
Effective Rate		3.60%	3.60%
Senior notes | 3.45% senior notes, due June 2025
Debt Instrument [Line Items]
Stated interest rate		3.45%
Senior notes, balance		$ 995,983	$ 994,871
Effective Rate		3.58%	3.58%
Senior notes | 4.50% senior notes due July 2025
Debt Instrument [Line Items]
Stated interest rate		4.50%
Senior notes, balance		$ 1,097,667	$ 1,097,074
Effective Rate		4.56%	4.56%
Senior notes | 3.24% senior notes, due November 2026
Debt Instrument [Line Items]
Stated interest rate		3.24%
Senior notes, balance		$ 918,851	$ 913,239
Effective Rate		3.97%	3.97%
Senior notes | 4.40% senior notes, due July 2027
Debt Instrument [Line Items]
Stated interest rate		4.40%
Senior notes, balance		$ 1,049,565	$ 1,049,531
Effective Rate		4.40%	4.40%
Subordinated debt | 2.88% subordinate note, due November 2031
Debt Instrument [Line Items]
Stated interest rate		2.88%
Subordinated debt, balance		$ 500,000	$ 0
Effective Rate		2.88%	0.00%
Subordinated debt | Subsidiaries | 2.00% subordinated debt maturing through 2040
Debt Instrument [Line Items]
Subordinated debt, balance		$ 11	$ 11
Effective Rate		2.00%	2.00%
[1]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At December 31, 2021 and December 31, 2020, LHFI included $20.6 billion and $22.6 billion, LHFS included $0.0 billion and $0.6 billion Operating leases assets, net included $14.7 billion and $16.4 billion, restricted cash included $1.6 billion and $1.7 billion, Other assets included $629.4 million and $791.3 million, Borrowings and other debt obligations included $29.2 billion and $31.7 billion, and Other liabilities included $81.1 million and $84.9 million of assets or liabilities that were included within VIEs, respectively. See Note 8 to these Consolidated Financial Statements for additional information.

BORROWINGS (Santander Bank) (De

BORROWINGS (Santander Bank) (Details) - SBNA - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Total Bank borrowings and other debt obligations	$ 543,749,000	$ 1,150,000,000
Effective Rate	1.79%	0.64%
FHLB advances, maturing through May 2022
Debt Instrument [Line Items]
FHLB advances, Balance	$ 250,000,000	$ 1,150,000,000
Effective Rate	0.93%	0.64%
Credit linked notes due December 2031
Debt Instrument [Line Items]
Credit linked notes, balance	$ 293,749,000	$ 0
Effective Rate	2.53%	0.00%
Debt issued	$ 298,000,000
Reference pool	2,000,000,000
Contractual residual amount	$ 36,000,000
Redemption option, UPB threshold (percent)	10.00%
FHLB advances
Debt Instrument [Line Items]
Letters of credit	$ 53,500,000

BORROWINGS (SC Credit Facilitie

BORROWINGS (SC Credit Facilities) (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Balance	$ 104,100,000	$ 146,500,000
SC
Debt Instrument [Line Items]
Balance	63,295,838,000	55,523,298,000
Restricted Cash Pledged	1,637,246,000	1,734,135,000
SC | Revolving Credit Facility
Debt Instrument [Line Items]
Balance	4,000,000,000	8,159,955,000
Committed Amount	$ 14,950,000,000	$ 15,917,967,000
Effective Rate	1.52%	1.72%
Assets Pledged	$ 137,052,000	$ 7,063,398,000
Restricted Cash Pledged	65,000	2,886,000
SC | Revolving Credit Facilities With Third Parties
Debt Instrument [Line Items]
Balance	0	4,159,955,000
Committed Amount	$ 10,950,000,000	$ 11,917,967,000
Effective Rate	0.00%	2.21%
Assets Pledged	$ 137,052,000	$ 7,063,398,000
Restricted Cash Pledged	65,000	2,886,000
SC | Revolving Credit Facilities With Third Parties | Warehouse line, due November 2022
Debt Instrument [Line Items]
Balance	0	177,600,000
Committed Amount	$ 500,000,000	$ 500,000,000
Effective Rate	0.00%	1.18%
Assets Pledged	$ 0	$ 371,959,000
Restricted Cash Pledged	0	0
SC | Revolving Credit Facilities With Third Parties | Warehouse line, due January 2023
Debt Instrument [Line Items]
Balance	0
Committed Amount	$ 1,000,000,000
Effective Rate	0.00%
Assets Pledged	$ 0
Restricted Cash Pledged	0
SC | Revolving Credit Facilities With Third Parties | Warehouse line, due March 2023
Debt Instrument [Line Items]
Balance	0
Committed Amount	$ 1,250,000,000
Effective Rate	0.00%
Assets Pledged	$ 0
Restricted Cash Pledged	1,000
SC | Revolving Credit Facilities With Third Parties | Warehouse line, due June 2023
Debt Instrument [Line Items]
Balance	0
Committed Amount	$ 500,000,000
Effective Rate	0.00%
Assets Pledged	$ 0
Restricted Cash Pledged	0
SC | Revolving Credit Facilities With Third Parties | Warehouse line, due July 2023
Debt Instrument [Line Items]
Balance	0
Committed Amount	$ 600,000,000
Effective Rate	0.00%
Assets Pledged	$ 0
Restricted Cash Pledged	0
SC | Revolving Credit Facilities With Third Parties | Warehouse line, due October 2023
Debt Instrument [Line Items]
Balance	0
Committed Amount	$ 500,000,000
Effective Rate	0.00%
Assets Pledged	$ 12,428,000
Restricted Cash Pledged	0
SC | Revolving Credit Facilities With Third Parties | Warehouse line, due October 2023
Debt Instrument [Line Items]
Balance	0
Committed Amount	$ 2,100,000,000
Effective Rate	0.00%
Assets Pledged	$ 0
Restricted Cash Pledged	64,000
SC | Revolving Credit Facilities With Third Parties | Warehouse line, due November 2023
Debt Instrument [Line Items]
Balance	0
Committed Amount	$ 1,000,000,000
Effective Rate	0.00%
Assets Pledged	$ 0
Restricted Cash Pledged	0
SC | Revolving Credit Facilities With Third Parties | Warehouse line, due November 2023
Debt Instrument [Line Items]
Balance	0
Committed Amount	$ 3,500,000,000
Effective Rate	0.00%
Assets Pledged	$ 124,624,000
Restricted Cash Pledged	0
SC | Revolving Credit Facilities With Third Parties | Repurchase facility, due January 2021
Debt Instrument [Line Items]
Balance		167,967,000
Committed Amount		$ 167,967,000
Effective Rate		1.64%
Assets Pledged		$ 217,200,000
Restricted Cash Pledged		0
SC | Revolving Credit Facilities With Third Parties | Warehouse line due, January 2022
Debt Instrument [Line Items]
Balance		415,700,000
Committed Amount		$ 1,000,000,000
Effective Rate		1.81%
Assets Pledged		$ 595,518,000
Restricted Cash Pledged		0
SC | Revolving Credit Facilities With Third Parties | Warehouse line, due March 2022
Debt Instrument [Line Items]
Balance		942,845,000
Committed Amount		$ 1,250,000,000
Effective Rate		1.34%
Assets Pledged		$ 1,621,206,000
Restricted Cash Pledged		1,000
SC | Revolving Credit Facilities With Third Parties | Warehouse line, due July 2022
Debt Instrument [Line Items]
Balance		0
Committed Amount		$ 900,000,000
Effective Rate		1.46%
Assets Pledged		$ 0
Restricted Cash Pledged		1,684,000
SC | Revolving Credit Facilities With Third Parties | Warehouse line, due August 2022
Debt Instrument [Line Items]
Balance		0
Committed Amount		$ 500,000,000
Effective Rate		1.50%
Assets Pledged		$ 159,348,000
Restricted Cash Pledged		0
SC | Revolving Credit Facilities With Third Parties | Warehouse line, due October 2022
Debt Instrument [Line Items]
Balance		168,300,000
Committed Amount		$ 500,000,000
Effective Rate		3.07%
Assets Pledged		$ 243,649,000
Restricted Cash Pledged		1,201,000
SC | Revolving Credit Facilities With Third Parties | Warehouse line, due October 2022
Debt Instrument [Line Items]
Balance		845,800,000
Committed Amount		$ 2,100,000,000
Effective Rate		3.29%
Assets Pledged		$ 1,156,885,000
Restricted Cash Pledged		0
SC | Revolving Credit Facilities With Third Parties | Warehouse line, due October 2022
Debt Instrument [Line Items]
Balance		1,000,600,000
Committed Amount		$ 1,500,000,000
Effective Rate		1.85%
Assets Pledged		$ 639,875,000
Restricted Cash Pledged		0
SC | Revolving Credit Facilities With Third Parties | Warehouse Line, Due October 2022
Debt Instrument [Line Items]
Balance		441,143,000
Committed Amount		$ 3,500,000,000
Effective Rate		3.45%
Assets Pledged		$ 2,057,758,000
Restricted Cash Pledged		0
SC | Revolving Credit Facility With Related Parties
Debt Instrument [Line Items]
Balance	4,000,000,000	4,000,000,000
Committed Amount	$ 4,000,000,000	$ 4,000,000,000
Effective Rate	1.52%	1.22%
Assets Pledged	$ 0	$ 0
Restricted Cash Pledged	0	0
SC | Revolving Credit Facility With Related Parties | Promissory note with Santander due June 2022
Debt Instrument [Line Items]
Balance	2,000,000,000	2,000,000,000
Committed Amount	$ 2,000,000,000	$ 2,000,000,000
Effective Rate	2.03%	1.40%
Assets Pledged	$ 0	$ 0
Restricted Cash Pledged	0	0
SC | Revolving Credit Facility With Related Parties | Promissory note with Santander due September 2022
Debt Instrument [Line Items]
Balance	2,000,000,000	2,000,000,000
Committed Amount	$ 2,000,000,000	$ 2,000,000,000
Effective Rate	1.01%	1.04%
Assets Pledged	$ 0	$ 0
Restricted Cash Pledged	$ 0	$ 0

BORROWINGS (Secured Structured

BORROWINGS (Secured Structured Financings) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Initial Note Amounts Issued	$ 104,100	$ 146,500
SC
Debt Instrument [Line Items]
Balance	26,909,829	26,177,401
Initial Note Amounts Issued	63,295,838	55,523,298
Collateral	36,420,623	36,254,700
Restricted Cash	$ 1,637,246	$ 1,734,135
SC | Minimum
Debt Instrument [Line Items]
Initial Weighted Average Interest Rate Range	0.48%	0.60%
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	$ 23,531,904	$ 18,942,160
Initial Note Amounts Issued	54,534,275	44,775,735
Collateral	30,692,331	25,022,577
Restricted Cash	$ 1,621,026	$ 1,710,351
SC | SC public securitizations, maturing on various dates | Minimum
Debt Instrument [Line Items]
Initial Weighted Average Interest Rate Range	0.48%	0.60%
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	$ 3,377,925	$ 7,235,241
Initial Note Amounts Issued	8,761,563	10,747,563
Collateral	5,728,292	11,232,123
Restricted Cash	$ 16,220	$ 23,784
SC | SC privately issued amortizing notes, maturing on various dates | Minimum
Debt Instrument [Line Items]
Initial Weighted Average Interest Rate Range	1.28%	1.28%
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%

BORROWINGS (Maturities Schedule

BORROWINGS (Maturities Schedule) (Details) $ in Thousands	Dec. 31, 2021USD ($)
Debt Disclosure [Abstract]
2022	$ 1,190,821
2023	8,421,789
2024	10,697,810
2025	8,767,449
2026	5,137,069
Thereafter	6,918,249
Total	$ 41,133,187

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME / (LOSS) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accumulated Other Comprehensive Income (Loss) [Line Items]
Total other comprehensive income/(loss), pretax activity	$ (477,434)	$ 361,095	$ 322,388
Total other comprehensive income/(loss), tax effect	123,029	(106,593)	(88,943)
TOTAL OCI / (LOSS), NET OF TAX	(354,405)	254,502	233,445
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	21,262,712	24,398,830	23,847,232
Net Activity	(354,405)	254,502	233,445
Ending balance	24,467,350	21,262,712	24,398,830
Accumulated Other Comprehensive Income / (Loss)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	166,295	(88,207)	(321,652)
Ending balance	(188,110)	166,295	(88,207)
Net unrealized gains/(losses) on cash flow hedge derivative financial instruments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income/(loss), pretax activity	(227,528)	155,226	14,372
Other comprehensive income/(loss), tax effect	57,129	(57,416)	(14,910)
Other comprehensive income/(loss), net activity	(170,399)	97,810	(538)
Reclassification adjustment, pretax activity	15,870	550	344
Reclassification adjustment, tax effect	(3,655)	(79)	(107)
Reclassification adjustment, net activity	12,215	471	237
Total other comprehensive income/(loss), pretax activity	(211,658)	155,776	14,716
Total other comprehensive income/(loss), tax effect	53,474	(57,495)	(15,017)
TOTAL OCI / (LOSS), NET OF TAX	(158,184)	98,281	(301)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	78,167	(20,114)	(19,813)
Net Activity	(158,184)	98,281	(301)
Ending balance	(80,017)	78,167	(20,114)
Net unrealized gains/(losses) on investments in debt securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income/(loss), pretax activity	(252,439)	244,766	303,208
Other comprehensive income/(loss), tax effect	66,417	(66,663)	(75,962)
Other comprehensive income/(loss), net activity	(186,022)	178,103	227,246
Reclassification adjustment, pretax activity	(14,481)	(54,897)	(5,816)
Reclassification adjustment, tax effect	3,335	16,937	1,457
Reclassification adjustment, net activity	(11,146)	(37,960)	(4,359)
Total other comprehensive income/(loss), pretax activity	(266,920)	189,869	297,392
Total other comprehensive income/(loss), tax effect	69,752	(49,726)	(74,505)
TOTAL OCI / (LOSS), NET OF TAX	(197,168)	140,143	222,887
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	117,263	(22,880)	(245,767)
Net Activity	(197,168)	140,143	222,887
Ending balance	(79,905)	117,263	(22,880)
Pension and post-retirement actuarial gains
Accumulated Other Comprehensive Income (Loss) [Line Items]
Total other comprehensive income/(loss), pretax activity	1,144	15,450	10,280
Total other comprehensive income/(loss), tax effect	(197)	628	579
TOTAL OCI / (LOSS), NET OF TAX	947	16,078	10,859
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(29,135)	(45,213)	(56,072)
Net Activity	947	16,078	10,859
Ending balance	$ (28,188)	$ (29,135)	$ (45,213)

STOCKHOLDER'S EQUITY (Narrative

STOCKHOLDER'S EQUITY (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Jun. 30, 2019
Related Party Transaction [Line Items]
Common stock, shares outstanding (in shares)	530,391,043	530,391,043
SC
Related Party Transaction [Line Items]
Ownership percentage by parent	80.20%
Percentage owned by noncontrolling shareholders	19.80%
SC
Related Party Transaction [Line Items]
Stock repurchase program, authorized amount				$ 1,100,000,000
Repurchase of common stock	$ 9,500,000	$ 771,500,000	$ 338,000,000

STOCKHOLDER'S EQUITY (Transacti

STOCKHOLDER'S EQUITY (Transactions with Santander) (Details) - USD ($) $ in Thousands	1 Months Ended			12 Months Ended
	Jul. 31, 2019	May 31, 2019	Mar. 31, 2019	Dec. 31, 2020
Common Stock and Paid-in Capital
Related Party Transaction [Line Items]
Contribution	$ 13,026	$ 41,571	$ 34,330	$ 88,927

SECURITIES FINANCING ACTIVITI_3

SECURITIES FINANCING ACTIVITIES - Securities Borrowed and Purchased under Agreements to Resell (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Banking and Thrift, Other Disclosures [Abstract]
Securities purchased under agreements to resell	$ 2,422,042	$ 0
Securities borrowed	2,924,426	0
Total	$ 5,346,468	$ 0

SECURITIES FINANCING ACTIVITI_4

SECURITIES FINANCING ACTIVITIES - Securities Loaned or Sold under Agreements to Repurchase (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Banking and Thrift, Other Disclosures [Abstract]
Securities sold under agreements to repurchase	$ 5,258,875	$ 0

SECURITIES FINANCING ACTIVITI_5

SECURITIES FINANCING ACTIVITIES - Gross and Net Resale Repurchase Agreements, Securities Borrowing and Lending Agreements and the Related Offsetting Amounts (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Securities purchased under agreements to resell
Gross amounts of recognized assets	$ 2,746,948
Gross amounts offset on the Consolidated Balance Sheets	(324,906)
Net amounts of assets included on the Consolidated Balance Sheets	2,422,042	$ 0
Securities borrowed
Gross amounts of recognized assets	2,924,426
Gross amounts offset on the Consolidated Balance Sheets	0
Net amounts of assets included on the Consolidated Balance Sheets	2,924,426	0
Offsetting Derivative Asset, Securities Purchased under Agreements to Resell, Securities Borrowed [Abstract]
Gross amounts of recognized assets	5,671,374
Gross amounts offset on the Consolidated Balance Sheets	(324,906)
Net amounts of assets included on the Consolidated Balance Sheets	5,346,468	0
Securities loaned under agreements to repurchase:
Gross amounts of recognized liabilities	5,583,781
Gross amounts offset on the Consolidated Balance Sheets	(324,906)
Net amounts of liabilities included on the Consolidated Balance Sheets	$ 5,258,875	$ 0

SECURITIES FINANCING ACTIVITI_6

SECURITIES FINANCING ACTIVITIES - Gross Amounts of Liabilities Associated with Repurchase Agreements and Securities Lending Agreements by Remaining Contractual Maturity (Details) $ in Thousands	Dec. 31, 2021USD ($)
Assets Sold under Agreements to Repurchase [Line Items]
Gross amounts of recognized liabilities	$ 5,583,781
Open and overnight
Assets Sold under Agreements to Repurchase [Line Items]
Gross amounts of recognized liabilities	5,583,781
Up to 30 days
Assets Sold under Agreements to Repurchase [Line Items]
Gross amounts of recognized liabilities	0
31-90 days
Assets Sold under Agreements to Repurchase [Line Items]
Gross amounts of recognized liabilities	0
Greater than 90 days
Assets Sold under Agreements to Repurchase [Line Items]
Gross amounts of recognized liabilities	$ 0

SECURITIES FINANCING ACTIVITI_7

SECURITIES FINANCING ACTIVITIES - Gross Amounts of Liabilities Associated with Repurchase Agreements and Securities Lending Agreements by Class of Underlying Collateral (Details) $ in Thousands	Dec. 31, 2021USD ($)
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements	$ 5,583,781
U.S. Treasury securities
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements	3,124,781
Residential agency MBS
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements	$ 2,459,000

DERIVATIVES (Narrative) (Detail

DERIVATIVES (Narrative) (Details) - USD ($)	12 Months Ended			36 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2020
Derivative [Line Items]
Fair value of derivatives with credit risk contingent feature associated with credit ratings	$ 500,000
Additional collateral required	0
Fair value of derivatives with credit risk contingent features	7,700,000	$ 9,900,000		$ 9,900,000
Collateral posted	8,800,000	3,900,000		3,900,000
Cash flow hedge loss to be reclassified within next twelve months	19,400,000
Interest rate swaps | SC
Derivative [Line Items]
Fair value adjustment	6,500,000
Reclassification from AOCI into earnings	50,600,000
Reclassification from AOCI for terminated swaps	15,300,000
Interest rate swaps | Cash flow hedges | Designated as hedging instrument | SC
Derivative [Line Items]
Aggregate notional amount				$ 2,200,000,000
Interest rate swaps | Cash flow hedges | Designated as hedging instrument | SC | Minimum
Derivative [Line Items]
Derivative term (in years)				2 years
Interest rate swaps | Cash flow hedges | Designated as hedging instrument | SC | Maximum
Derivative [Line Items]
Derivative term (in years)				5 years
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, gain (loss)	(170,399,000)	97,810,000	$ (538,000)
Amount reclassified from OCI into earnings for cash flow hedge derivatives	$ 12,215,000	$ 471,000	$ 237,000

DERIVATIVES (Derivatives Design

DERIVATIVES (Derivatives Designated in Hedge Relationships) (Details) - Designated as hedging instrument - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Derivative [Line Items]
Notional Amount	$ 13,063,532	$ 14,720,000
Asset, Total	43,973	177,837
Liability, Total	$ 111,093	$ 70,771
Weighted Average Receive Rate	0.81%	1.03%
Weighted Average Pay Rate	0.10%	0.33%
Weighted Average
Derivative [Line Items]
Weighted Average Life (Years)	2 years 3 months	1 year 10 months 2 days
Fair value hedges | Cross-currency swaps
Derivative [Line Items]
Notional Amount	$ 14,743
Asset, Cash flow hedges	655
Liability, Cash flow hedges	$ 0
Weighted Average Receive Rate	1.34%
Weighted Average Pay Rate	7.30%
Fair value hedges | Cross-currency swaps | Weighted Average
Derivative [Line Items]
Weighted Average Life (Years)	1 year 10 months 2 days
Fair value hedges | Interest rate swaps
Derivative [Line Items]
Notional Amount	$ 128,789
Asset, Cash flow hedges	1,188
Liability, Cash flow hedges	$ 0
Weighted Average Receive Rate	0.05%
Weighted Average Pay Rate	0.71%
Fair value hedges | Interest rate swaps | Weighted Average
Derivative [Line Items]
Weighted Average Life (Years)	3 years 7 months 2 days
Cash flow hedges | Pay fixed — receive variable interest rate swaps
Derivative [Line Items]
Notional Amount		$ 2,450,000
Asset, Cash flow hedges		124
Liability, Cash flow hedges		$ 70,589
Weighted Average Receive Rate		0.18%
Weighted Average Pay Rate		1.50%
Cash flow hedges | Pay fixed — receive variable interest rate swaps | Weighted Average
Derivative [Line Items]
Weighted Average Life (Years)		1 year 10 months 24 days
Cash flow hedges | Pay variable - receive fixed interest rate swaps
Derivative [Line Items]
Notional Amount	$ 11,995,000	$ 8,745,000
Asset, Cash flow hedges	41,980	150,206
Liability, Cash flow hedges	$ 111,093	$ 182
Weighted Average Receive Rate	0.88%	1.16%
Weighted Average Pay Rate	0.09%	0.14%
Cash flow hedges | Pay variable - receive fixed interest rate swaps | Weighted Average
Derivative [Line Items]
Weighted Average Life (Years)	2 years 3 months 10 days	2 years 1 month 13 days
Cash flow hedges | Interest rate floors
Derivative [Line Items]
Notional Amount	$ 925,000	$ 3,525,000
Asset, Cash flow hedges	150	27,507
Liability, Cash flow hedges	$ 0	$ 0
Weighted Average Receive Rate	0.03%	1.28%
Weighted Average Pay Rate	0.00%	0.00%
Cash flow hedges | Interest rate floors | Weighted Average
Derivative [Line Items]
Weighted Average Life (Years)	1 year 8 months 4 days	1 year 1 month 6 days

DERIVATIVES (Derivatives Not De

DERIVATIVES (Derivatives Not Designated in Hedge Relationships) (Details) - Not designated as hedging instrument - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	$ 56,495,865	$ 61,305,922
Asset derivatives Fair value	617,107	1,041,253
Liability derivatives Fair value	579,120	1,001,255
Other
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	111,373	240,083
Asset derivatives Fair value	203	5,886
Liability derivatives Fair value	2,367	7,031
Foreign exchange contracts
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	5,085,973	4,258,869
Asset derivatives Fair value	35,899	52,530
Liability derivatives Fair value	33,836	62,616
Interest rate swap agreements
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	0	250,000
Asset derivatives Fair value	0	0
Liability derivatives Fair value	0	12,934
Interest rate cap agreements
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	7,007,441	10,199,134
Asset derivatives Fair value	34,290	4,617
Liability derivatives Fair value	0	0
Options for interest rate cap agreements
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	7,007,441	10,199,134
Asset derivatives Fair value	0	0
Liability derivatives Fair value	34,290	4,617
Mortgage banking derivatives
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	956,940	1,277,770
Asset derivatives Fair value	18,693	46,621
Liability derivatives Fair value	8,132	17,237
Mortgage banking derivatives | Forward commitments to sell loans
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	264,188	520,299
Asset derivatives Fair value	0	0
Liability derivatives Fair value	21	3,835
Mortgage banking derivatives | Interest rate lock commitments
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	99,752	262,471
Asset derivatives Fair value	2,852	13,202
Liability derivatives Fair value	0	0
Mortgage banking derivatives | Mortgage servicing
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	593,000	495,000
Asset derivatives Fair value	15,841	33,419
Liability derivatives Fair value	8,111	13,402
Customer-related derivatives
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	36,326,697	34,880,932
Asset derivatives Fair value	528,022	931,599
Liability derivatives Fair value	500,495	896,820
Customer-related derivatives | Swaps receive fixed
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	14,801,189	15,350,026
Asset derivatives Fair value	400,168	901,509
Liability derivatives Fair value	89,767	8,778
Customer-related derivatives | Swaps pay fixed
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	15,141,223	15,749,590
Asset derivatives Fair value	102,312	14,644
Liability derivatives Fair value	383,987	874,260
Customer-related derivatives | Other
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Notional	6,384,285	3,781,316
Asset derivatives Fair value	25,542	15,446
Liability derivatives Fair value	$ 26,741	$ 13,782

DERIVATIVES (Gains (Losses) on

DERIVATIVES (Gains (Losses) on All Derivatives) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cross-currency swaps | Net interest income | Fair value hedges
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on derivatives	$ 655	$ 0	$ 0
Interest rate swaps | Net interest income | Fair value hedges
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on derivatives	1,188	0	0
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	(31,280)	(26,103)	36,920
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	99,618	54,845	(39,086)
Interest rate floors | Interest income on loans | Cash flow hedges
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on derivatives	21,355	37,057	(1,741)
Forward commitments to sell loans | Miscellaneous income, net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on derivatives	3,814	(3,442)	4,477
Interest rate lock commitments | Miscellaneous income, net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on derivatives	(10,351)	10,160	365
Mortgage servicing | Miscellaneous income, net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on derivatives	(8,245)	31,227	24,244
Customer-related derivatives | Miscellaneous income, net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on derivatives	5,859	30,552	2,538
Foreign exchange | Miscellaneous income, net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on derivatives	29,547	9,237	32,565
Interest rate swaps, caps, and options | Miscellaneous income, net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on derivatives	96	(11,371)	(14,092)
Other | Miscellaneous income, net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized on derivatives	$ (369)	$ 425	$ (408)

DERIVATIVES (Offsetting of Fina

DERIVATIVES (Offsetting of Financial Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Offsetting Assets [Line Items]
Gross Amounts of Recognized Assets, Total derivatives subject to a master netting arrangement or similar arrangement	$ 658,228	$ 1,205,888
Gross Amounts Offset in the Consolidated Balance Sheet, Total Derivative Assets	0	0
Net Amounts of Assets Presented in the Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement	658,228	1,205,888
Gross Amounts Not Offset in the Consolidated Balance Sheet, Collateral Received, Total Derivative Assets	41,899	92,836
Gross Amounts Not Offset in the Consolidated Balance Sheet, Net Amount, Total derivatives subject to a master netting arrangement or similar arrangement	616,329	1,113,052
Total derivatives not subject to a master netting arrangement or similar arrangement	2,852	13,202
Gross Amounts Not Offset in the Consolidated Balance Sheet, Collateral Received	122	0
Gross Amounts Not Offset in the Consolidated Balance Sheet, Net Amount	2,730	13,202
Gross Amounts of Recognized Assets, Total Derivative Assets	661,080	1,219,090
Net Amounts of Assets Presented in the Consolidated Balance Sheet, Total Derivative Assets	661,080	1,219,090
Gross Amounts Not Offset in the Consolidated Balance Sheet, Collateral Received, Total Derivative Assets	42,021	92,836
Gross Amounts Not Offset in the Consolidated Balance Sheet - Net Amount, Total Derivative Assets	619,059	1,126,254
Other derivative activities
Offsetting Assets [Line Items]
Gross Amounts of Recognized Assets, Total derivatives subject to a master netting arrangement or similar arrangement	614,255	1,028,051
Gross Amounts Offset in the Consolidated Balance Sheet, Total Derivative Assets	0	0
Net Amounts of Assets Presented in the Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement	614,255	1,028,051
Gross Amounts Not Offset in the Consolidated Balance Sheet, Collateral Received, Total Derivative Assets	41,899	7,771
Gross Amounts Not Offset in the Consolidated Balance Sheet, Net Amount, Total derivatives subject to a master netting arrangement or similar arrangement	572,356	1,020,280
Fair value hedges
Offsetting Assets [Line Items]
Gross Amounts of Recognized Assets, Total derivatives subject to a master netting arrangement or similar arrangement	1,843
Gross Amounts Offset in the Consolidated Balance Sheet, Total Derivative Assets	0
Net Amounts of Assets Presented in the Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement	1,843
Gross Amounts Not Offset in the Consolidated Balance Sheet, Collateral Received, Total Derivative Assets
Gross Amounts Not Offset in the Consolidated Balance Sheet, Net Amount, Total derivatives subject to a master netting arrangement or similar arrangement	1,843
Cash flow hedges
Offsetting Assets [Line Items]
Gross Amounts of Recognized Assets, Total derivatives subject to a master netting arrangement or similar arrangement	42,130	177,837
Gross Amounts Offset in the Consolidated Balance Sheet, Total Derivative Assets	0	0
Net Amounts of Assets Presented in the Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement	42,130	177,837
Gross Amounts Not Offset in the Consolidated Balance Sheet, Collateral Received, Total Derivative Assets	0	85,065
Gross Amounts Not Offset in the Consolidated Balance Sheet, Net Amount, Total derivatives subject to a master netting arrangement or similar arrangement	$ 42,130	$ 92,772

DERIVATIVES (Offsetting of Fi_2

DERIVATIVES (Offsetting of Financial Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Offsetting Liabilities [Line Items]
Gross Amounts of Recognized Liabilities, Total derivatives subject to a master netting arrangement or similar arrangement	$ 690,192	$ 1,068,191
Gross Amounts Offset in the Consolidated Balance Sheet	2,058	3,517
Net Amounts of Liabilities Presented in the Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement	688,134	1,064,674
Gross Amounts Not Offset in the Consolidated Balance Sheet, Collateral Pledged	327,425	655,560
Gross Amounts Not Offset in the Consolidated Balance Sheet, Net Amount, Total derivatives subject to a master netting arrangement or similar arrangement	360,709	409,114
Total derivatives not subject to a master netting arrangement or similar arrangement	21	3,835
Gross Amounts Not Offset in the Consolidated Balance Sheet, Collateral Pledged, Total derivatives not subject to a master netting arrangement or similar arrangement	21	2,382
Gross Amounts Not Offset in the Consolidated Balance Sheet, Net Amount, Total derivatives not subject to a master netting arrangement or similar arrangement	0	1,453
Gross Amounts of Recognized Liabilities, Total Derivative Liabilities	690,213	1,072,026
Net Amounts of Liabilities Presented in the Consolidated Balance Sheet, Total Derivative Liabilities	688,155	1,068,509
Gross Amounts Not Offset in the Consolidated Balance Sheet, Collateral Pledged, Total Derivative Liabilities	327,446	657,942
Gross Amounts Not Offset in the Consolidated Balance Sheet, Net Amount, Total Derivatives Liabilities	360,709	410,567
Other derivative activities
Offsetting Liabilities [Line Items]
Gross Amounts of Recognized Liabilities, Total derivatives subject to a master netting arrangement or similar arrangement	579,099	997,420
Gross Amounts Offset in the Consolidated Balance Sheet	2,058	3,517
Net Amounts of Liabilities Presented in the Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement	577,041	993,903
Gross Amounts Not Offset in the Consolidated Balance Sheet, Collateral Pledged	268,352	584,971
Gross Amounts Not Offset in the Consolidated Balance Sheet, Net Amount, Total derivatives subject to a master netting arrangement or similar arrangement	308,689	408,932
Fair value hedges
Offsetting Liabilities [Line Items]
Gross Amounts of Recognized Liabilities, Total derivatives subject to a master netting arrangement or similar arrangement	0
Gross Amounts Offset in the Consolidated Balance Sheet	0
Net Amounts of Liabilities Presented in the Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement	0
Gross Amounts Not Offset in the Consolidated Balance Sheet, Collateral Pledged
Gross Amounts Not Offset in the Consolidated Balance Sheet, Net Amount, Total derivatives subject to a master netting arrangement or similar arrangement	0
Cash flow hedges
Offsetting Liabilities [Line Items]
Gross Amounts of Recognized Liabilities, Total derivatives subject to a master netting arrangement or similar arrangement	111,093	70,771
Gross Amounts Offset in the Consolidated Balance Sheet	0	0
Net Amounts of Liabilities Presented in the Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement	111,093	70,771
Gross Amounts Not Offset in the Consolidated Balance Sheet, Collateral Pledged	59,073	70,589
Gross Amounts Not Offset in the Consolidated Balance Sheet, Net Amount, Total derivatives subject to a master netting arrangement or similar arrangement	$ 52,020	$ 182

FAIR VALUE (Fair Value Measurem

FAIR VALUE (Fair Value Measurements, Recurring) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Financial assets:
Investments in debt securities AFS	$ 11,313,937	$ 11,313,489
Other investments - trading securities	35,791	40,435
RICs held-for-investment	33,500	50,400
LHFS	166,800	265,400
Other assets - derivatives	661,080	1,219,090
Financial liabilities:
Other liabilities - derivatives	688,155	1,068,509
U.S. Treasury securities
Financial assets:
Investments in debt securities AFS	73,618	170,653
Corporate debt
Financial assets:
Investments in debt securities AFS	276,007	155,715
ABS
Financial assets:
Investments in debt securities AFS	537,722	109,338
Recurring
Financial assets:
Investments in debt securities AFS	11,313,937	11,313,489
Other investments - trading securities	35,791	40,435
RICs held-for-investment	33,529	50,391
LHFS	166,811	265,428
MSRs	79,107	77,545
Other assets - derivatives	661,080	1,219,090
Total financial assets	12,290,255	12,966,378
Financial liabilities:
Other liabilities - derivatives	690,213	1,072,026
Total financial liabilities	690,213	1,072,026
Recurring | U.S. Treasury securities
Financial assets:
Investments in debt securities AFS	73,618	170,653
Recurring | Corporate debt
Financial assets:
Investments in debt securities AFS	276,007	155,715
Recurring | ABS
Financial assets:
Investments in debt securities AFS	537,722	109,338
Recurring | MBS
Financial assets:
Investments in debt securities AFS	10,426,590	10,877,783
Recurring | Level 1
Financial assets:
Investments in debt securities AFS	73,618	0
Other investments - trading securities	64	0
RICs held-for-investment	0	0
LHFS	0	0
MSRs	0	0
Other assets - derivatives	0	0
Total financial assets	73,682	0
Financial liabilities:
Other liabilities - derivatives	0	0
Total financial liabilities	0	0
Recurring | Level 1 | U.S. Treasury securities
Financial assets:
Investments in debt securities AFS	73,618	0
Recurring | Level 1 | Corporate debt
Financial assets:
Investments in debt securities AFS	0	0
Recurring | Level 1 | ABS
Financial assets:
Investments in debt securities AFS	0	0
Recurring | Level 1 | MBS
Financial assets:
Investments in debt securities AFS	0	0
Recurring | Level 2
Financial assets:
Investments in debt securities AFS	11,240,319	11,263,096
Other investments - trading securities	35,727	40,435
RICs held-for-investment	0	0
LHFS	166,811	265,428
MSRs	0	0
Other assets - derivatives	658,187	1,205,690
Total financial assets	12,101,044	12,774,649
Financial liabilities:
Other liabilities - derivatives	687,846	1,068,074
Total financial liabilities	687,846	1,068,074
Recurring | Level 2 | U.S. Treasury securities
Financial assets:
Investments in debt securities AFS	0	170,653
Recurring | Level 2 | Corporate debt
Financial assets:
Investments in debt securities AFS	276,007	155,715
Recurring | Level 2 | ABS
Financial assets:
Investments in debt securities AFS	537,722	58,945
Recurring | Level 2 | MBS
Financial assets:
Investments in debt securities AFS	10,426,590	10,877,783
Recurring | Level 3
Financial assets:
Investments in debt securities AFS	0	50,393
Other investments - trading securities	0	0
RICs held-for-investment	33,529	50,391
LHFS	0	0
MSRs	79,107	77,545
Other assets - derivatives	2,893	13,400
Total financial assets	115,529	191,729
Financial liabilities:
Other liabilities - derivatives	2,367	3,952
Total financial liabilities	$ 2,367	3,952
Percentage of level 3 assets to total assets held at fair value	0.90%
Percentage of level 3 assets to total assets	0.10%
Recurring | Level 3 | U.S. Treasury securities
Financial assets:
Investments in debt securities AFS	$ 0	0
Recurring | Level 3 | Corporate debt
Financial assets:
Investments in debt securities AFS	0	0
Recurring | Level 3 | ABS
Financial assets:
Investments in debt securities AFS	0	50,393
Recurring | Level 3 | MBS
Financial assets:
Investments in debt securities AFS	$ 0	$ 0

FAIR VALUE (Sensitivity Analysi

FAIR VALUE (Sensitivity Analysis of Fair Value, Mortgage Servicing Rights) (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Residential mortgages
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]
Principal balance of loans serviced for others	$ 10,400	$ 12,500
MSRs
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	(3.4)
Sensitivity analysis of fair value, impact of 20 percent adverse change in prepayment speed	(6.6)
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	$ (4.8)

FAIR VALUE (Reconciliation of A

FAIR VALUE (Reconciliation of Assets and Liabilities Using Level 3 Inputs) (Details) - Level 3 - Recurring - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Fair Value, Assets, Unobservable Input Reconciliation [Roll Forward]
Balances, beginning of period	$ 187,777	$ 278,679
Losses in OCI	(393)	(588)
Gains/(losses) in earnings	3,492	(14,291)
Additions/Issuances	15,287	14,889
Transfers from level 2	3,774	17,634
Settlements	(96,775)	(108,546)
Balances, end of period	113,162	187,777
Changes in unrealized gains (losses) included in earnings related to balances still held at end of period	13,842	(24,451)
Investments AFS
Fair Value, Assets, Unobservable Input Reconciliation [Roll Forward]
Balances, beginning of period	50,393	63,235
Losses in OCI	(393)	(588)
Gains/(losses) in earnings	0	0
Additions/Issuances	0	0
Transfers from level 2	0	0
Settlements	(50,000)	(12,254)
Balances, end of period	0	50,393
Changes in unrealized gains (losses) included in earnings related to balances still held at end of period	0	0
RICs HFI
Fair Value, Assets, Unobservable Input Reconciliation [Roll Forward]
Balances, beginning of period	50,391	84,334
Losses in OCI	0	0
Gains/(losses) in earnings	0	14,374
Additions/Issuances	1,171	2,512
Transfers from level 2	3,774	17,634
Settlements	(21,807)	(68,463)
Balances, end of period	33,529	50,391
Changes in unrealized gains (losses) included in earnings related to balances still held at end of period	0	14,374
MSRs
Fair Value, Assets, Unobservable Input Reconciliation [Roll Forward]
Balances, beginning of period	77,545	130,855
Losses in OCI	0	0
Gains/(losses) in earnings	12,414	(37,543)
Additions/Issuances	14,116	12,377
Transfers from level 2	0	0
Settlements	(24,968)	(28,144)
Balances, end of period	79,107	77,545
Changes in unrealized gains (losses) included in earnings related to balances still held at end of period	12,414	(37,543)
Derivatives, net
Fair Value, Assets, Unobservable Input Reconciliation [Roll Forward]
Balances, beginning of period	9,448	255
Losses in OCI	0	0
Gains/(losses) in earnings	(8,922)	8,878
Additions/Issuances	0	0
Transfers from level 2	0	0
Settlements	0	315
Balances, end of period	526	9,448
Changes in unrealized gains (losses) included in earnings related to balances still held at end of period	$ 1,428	$ (1,282)

FAIR VALUE (Fair Value Measur_2

FAIR VALUE (Fair Value Measurements, Non-recurring) (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 33,500,000	$ 50,400,000
LHFS	166,800,000	265,400,000
Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed assets	1,322,000	31,760,000
Vehicle inventory	271,396,000	313,754,000
LHFS	88,212,000	1,960,768,000
Goodwill	2,596,161,000	2,596,161,000
Nonrecurring | Impaired commercial LHFI
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	17,794,000	44,534,000
Total carrying value of the loans	9,000,000	33,200,000
Nonrecurring | Auto loans impaired due to bankruptcy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	202,448,000	191,785,000
Nonrecurring | Impaired personal loans held for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
LHFS	0	900,000,000
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
Goodwill	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
Nonrecurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed assets	1,322,000	8,232,000
Vehicle inventory	271,396,000	313,754,000
LHFS	0	0
Goodwill	0	0
Nonrecurring | Level 2 | Impaired commercial LHFI
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	17,180,000	32,609,000
Nonrecurring | Level 2 | Auto loans impaired due to bankruptcy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	202,448,000	191,785,000
Nonrecurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed assets	0	23,528,000
Vehicle inventory	0	0
LHFS	88,212,000	1,960,768,000
Goodwill	2,596,161,000	2,596,161,000
Nonrecurring | Level 3 | Impaired commercial LHFI
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	614,000	11,925,000
Nonrecurring | Level 3 | Auto loans impaired due to bankruptcy
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 0	$ 0

FAIR VALUE (Fair Value Adjustme

FAIR VALUE (Fair Value Adjustments) (Details) - Nonrecurring - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Impaired LHFI | Credit loss expense
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value adjustment	$ (8,807)	$ 1,127	$ (15,495)
Foreclosed assets | Miscellaneous income, net
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value adjustment	(368)	(4,980)	(13,648)
LHFS | Credit loss expense
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value adjustment	0	(1,607)	0
LHFS | Miscellaneous income, net
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value adjustment	0	(509,223)	(404,606)
Auto loans impaired due to bankruptcy | Credit loss expense
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value adjustment	0	0	(9,106)
Goodwill impairment | Impairment of goodwill
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value adjustment	0	(1,848,228)	0
Mortgage servicing | Miscellaneous income, net
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value adjustment	$ 0	$ (138)	$ (633)

FAIR VALUE (Quantitative Inform

FAIR VALUE (Quantitative Information) (Details) $ in Thousands	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Financial Assets:
LHFS	$ 166,800	$ 265,400
MSRs	79,107	77,545
Level 3 | Financing bonds
Financial Assets:
Mortgage-backed Securities Available-for-sale, Fair Value Disclosure		$ 50,393
Level 3 | Financing bonds | Discount rate
Financial Assets:
ABS, Unobservable Inputs (as a percent)		0.0022
Level 3 | Personal LHFS
Financial Assets:
LHFS		$ 893,479
Level 3 | Personal LHFS | Discount rate | Minimum
Financial Assets:
HFS, unobservable inputs (as a percent)		0.2000
Level 3 | Personal LHFS | Discount rate | Maximum
Financial Assets:
HFS, unobservable inputs (as a percent)		0.3000
Level 3 | Personal LHFS | Default rate | Minimum
Financial Assets:
HFS, unobservable inputs (as a percent)		0.3500
Level 3 | Personal LHFS | Default rate | Maximum
Financial Assets:
HFS, unobservable inputs (as a percent)		0.4500
Level 3 | Personal LHFS | Loss severity rate | Minimum
Financial Assets:
HFS, unobservable inputs (as a percent)		0.9000
Level 3 | Personal LHFS | Loss severity rate | Maximum
Financial Assets:
HFS, unobservable inputs (as a percent)		0.9500
Level 3 | Personal LHFS | Market participant view | Minimum
Financial Assets:
HFS, unobservable inputs (as a percent)		0.6000
Level 3 | Personal LHFS | Market participant view | Maximum
Financial Assets:
HFS, unobservable inputs (as a percent)		0.7000
Level 3 | Personal LHFS | Net principal & interest payment rate | Minimum
Financial Assets:
HFS, unobservable inputs (as a percent)		0.6500
Level 3 | Personal LHFS | Net principal & interest payment rate | Maximum
Financial Assets:
HFS, unobservable inputs (as a percent)		0.7500
Level 3 | RICs HFS
Financial Assets:
LHFS		$ 674,048
Level 3 | RICs HFS | Discount rate | Minimum
Financial Assets:
HFS, unobservable inputs (as a percent)		0.015
Level 3 | RICs HFS | Discount rate | Maximum
Financial Assets:
HFS, unobservable inputs (as a percent)		0.025
Level 3 | RICs HFS | Discount rate | Weighted Average
Financial Assets:
HFS, unobservable inputs (as a percent)		0.020
Level 3 | RICs HFS | Default rate | Minimum
Financial Assets:
HFS, unobservable inputs (as a percent)		0.020
Level 3 | RICs HFS | Default rate | Maximum
Financial Assets:
HFS, unobservable inputs (as a percent)		0.040
Level 3 | RICs HFS | Default rate | Weighted Average
Financial Assets:
HFS, unobservable inputs (as a percent)		0.030
Level 3 | RICs HFS | Prepayment rate | Minimum
Financial Assets:
HFS, unobservable inputs (as a percent)		0.100
Level 3 | RICs HFS | Prepayment rate | Maximum
Financial Assets:
HFS, unobservable inputs (as a percent)		0.200
Level 3 | RICs HFS | Prepayment rate | Weighted Average
Financial Assets:
HFS, unobservable inputs (as a percent)		0.150
Level 3 | RICs HFS | Loss severity rate | Minimum
Financial Assets:
HFS, unobservable inputs (as a percent)		0.500
Level 3 | RICs HFS | Loss severity rate | Maximum
Financial Assets:
HFS, unobservable inputs (as a percent)		0.600
Level 3 | RICs HFS | Loss severity rate | Weighted Average
Financial Assets:
HFS, unobservable inputs (as a percent)		0.550
Level 3 | MSRs
Financial Assets:
MSRs	$ 79,107	$ 77,545
Level 3 | MSRs | Discount rate
Financial Assets:
MSRs, unobservable inputs (as a percent)	0.0935	0.0937
Level 3 | MSRs | CPR | Minimum
Financial Assets:
MSRs, unobservable inputs (as a percent)	0.0742	0.0766
Level 3 | MSRs | CPR | Maximum
Financial Assets:
MSRs, unobservable inputs (as a percent)	0.8271	0.4535
Level 3 | MSRs | CPR | Weighted Average
Financial Assets:
MSRs, unobservable inputs (as a percent)	0.1286	0.1611

FAIR VALUE (Fair Value of Finan

FAIR VALUE (Fair Value of Financial Instruments) (Details) - USD ($) $ in Thousands		Dec. 31, 2021	Dec. 31, 2020
Financial assets:
Investments in debt securities AFS		$ 11,313,937	$ 11,313,489
Investments in debt securities HTM		6,629,206	5,677,929
Other investments - trading securities		35,791	40,435
LHFI, net		85,614,402	84,794,689
LHFS	[1],[2]	255,023	2,226,196
Derivatives		661,080	1,219,090
Financial liabilities:
Derivatives		688,155	1,068,509
Carrying Value
Financial assets:
Cash and cash equivalents		19,305,530	12,621,281
Federal funds sold and securities purchased under resale agreements or similar arrangements		5,346,468	0
Investments in debt securities AFS		11,313,937	11,313,489
Investments in debt securities HTM		6,702,471	5,504,685
Other investments - trading securities		285,791	790,435
LHFI, net		85,614,402	84,794,689
LHFS		255,023	2,226,196
Restricted cash		5,711,705	5,303,460
MSRs		79,107	77,545
Derivatives		661,080	1,219,090
Financial liabilities:
Deposits		2,524,471	3,897,056
Federal funds purchased and securities loaned or sold under repurchase agreements		5,258,875	0
Borrowings and other debt obligations		41,133,187	46,359,467
Derivatives		690,213	1,072,026
Fair Value
Financial assets:
Cash and cash equivalents		19,305,530	12,621,281
Federal funds sold and securities purchased under resale agreements or similar arrangements		5,372,052	0
Investments in debt securities AFS		11,313,937	11,313,489
Investments in debt securities HTM		6,629,206	5,677,929
Other investments - trading securities		286,526	801,056
LHFI, net		89,039,439	89,395,086
LHFS		255,023	2,226,196
Restricted cash		5,711,705	5,303,460
MSRs		79,107	77,545
Derivatives		661,080	1,219,090
Financial liabilities:
Deposits		2,524,707	3,920,096
Federal funds purchased and securities loaned or sold under repurchase agreements		5,258,874	0
Borrowings and other debt obligations		41,600,737	47,081,852
Derivatives		690,213	1,072,026
Fair Value | Level 1
Financial assets:
Cash and cash equivalents		19,305,530	12,621,281
Federal funds sold and securities purchased under resale agreements or similar arrangements		0	0
Investments in debt securities AFS		73,618	0
Investments in debt securities HTM		0	0
Other investments - trading securities		64	0
LHFI, net		0	0
LHFS		0	0
Restricted cash		5,711,705	5,303,460
MSRs		0	0
Derivatives		0	0
Financial liabilities:
Deposits		0	0
Federal funds purchased and securities loaned or sold under repurchase agreements		0	0
Borrowings and other debt obligations		0	0
Derivatives		0	0
Fair Value | Level 2
Financial assets:
Cash and cash equivalents		0	0
Federal funds sold and securities purchased under resale agreements or similar arrangements		5,372,052	0
Investments in debt securities AFS		11,240,319	11,263,096
Investments in debt securities HTM		6,629,206	5,677,929
Other investments - trading securities		286,462	801,056
LHFI, net		17,180	32,609
LHFS		166,811	265,428
Restricted cash		0	0
MSRs		0	0
Derivatives		658,187	1,205,690
Financial liabilities:
Deposits		2,524,707	3,920,096
Federal funds purchased and securities loaned or sold under repurchase agreements		5,258,874	0
Borrowings and other debt obligations		33,874,253	30,538,951
Derivatives		687,846	1,068,074
Fair value of underlying collateral		5,600,000
Fair Value | Level 3
Financial assets:
Cash and cash equivalents		0	0
Federal funds sold and securities purchased under resale agreements or similar arrangements		0	0
Investments in debt securities AFS		0	50,393
Investments in debt securities HTM		0	0
Other investments - trading securities		0	0
LHFI, net		89,022,259	89,362,477
LHFS		88,212	1,960,768
Restricted cash		0	0
MSRs		79,107	77,545
Derivatives		2,893	13,400
Financial liabilities:
Deposits		0	0
Federal funds purchased and securities loaned or sold under repurchase agreements		0	0
Borrowings and other debt obligations		7,726,484	16,542,901
Derivatives		$ 2,367	$ 3,952
[1]	Includes $166.8 million and $265.4 million of loans recorded at the FVO at December 31, 2021 and December 31, 2020, respectively.
[2]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At December 31, 2021 and December 31, 2020, LHFI included $20.6 billion and $22.6 billion, LHFS included $0.0 billion and $0.6 billion Operating leases assets, net included $14.7 billion and $16.4 billion, restricted cash included $1.6 billion and $1.7 billion, Other assets included $629.4 million and $791.3 million, Borrowings and other debt obligations included $29.2 billion and $31.7 billion, and Other liabilities included $81.1 million and $84.9 million of assets or liabilities that were included within VIEs, respectively. See Note 8 to these Consolidated Financial Statements for additional information.

FAIR VALUE (Fair Value Option f

FAIR VALUE (Fair Value Option for Financial Assets and Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Fair Value
Nonaccrual loans	$ 435	$ 1,474
Aggregate UPB
Nonaccrual loans	457	2,178
Difference
Nonaccrual loans	(22)	(704)
LHFS
Fair Value
LHFS	166,811	265,428
Aggregate UPB
LHFS	162,525	250,822
Difference
LHFS	4,286	14,606
RICs HFI
Fair Value
RICs HFI	33,529	50,391
Aggregate UPB
RICs HFI	33,737	50,624
Difference
RICs HFI	$ (208)	$ (233)

NON-INTEREST INCOME AND OTHER_3

NON-INTEREST INCOME AND OTHER EXPENSES (Schedule of Non-Interest Income) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
Consumer and commercial fees	$ 437,041	$ 471,901	$ 548,846
Lease income	2,899,816	3,037,284	2,872,857
Capital market revenue	250,268	227,421	197,042
Mortgage banking income, net	50,656	49,082	44,315
BOLI	60,091	58,981	62,782
Net gain on sale of operating leases	443,809	243,189	135,948
Asset and wealth management fees	235,561	208,732	175,611
Gain / (loss) on sale of non-mortgage loans	(19,228)	(366,976)	(397,965)
Other miscellaneous income / (loss), net	79,692	(10,923)	83,865
Net gain/(loss) on sale of investment securities	14,481	31,297	5,816
TOTAL NON-INTEREST INCOME	$ 4,452,187	$ 3,949,988	$ 3,729,117

NON-INTEREST INCOME AND OTHER_4

NON-INTEREST INCOME AND OTHER EXPENSES (Disaggregation by Revenue Source) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disaggregation of Revenue [Line Items]
Lease income	$ 2,899,816	$ 3,037,284	$ 2,872,857
Other miscellaneous income/(loss), net	537,748	(124,022)	(157,935)
Net gain/(loss) on sale of investment securities	14,481	31,297	5,816
Total out-of-scope of revenue from contracts with customers	3,649,273	3,178,258	2,977,150
Non-interest income	4,452,187	3,949,988	3,729,117
Total in-scope of revenue from contracts with customers
Disaggregation of Revenue [Line Items]
In-scope of revenue from contracts with customers	802,914	771,730	751,967
Depository services
Disaggregation of Revenue [Line Items]
In-scope of revenue from contracts with customers	178,196	190,011	241,167
Commission and trailer fees
Disaggregation of Revenue [Line Items]
In-scope of revenue from contracts with customers	209,422	192,355	160,665
Interchange income, net
Disaggregation of Revenue [Line Items]
In-scope of revenue from contracts with customers	73,195	64,394	67,524
Underwriting service fees
Disaggregation of Revenue [Line Items]
In-scope of revenue from contracts with customers	157,506	137,007	97,211
Asset and wealth management fees
Disaggregation of Revenue [Line Items]
In-scope of revenue from contracts with customers	143,151	127,612	145,515
Other revenue from contracts with customers
Disaggregation of Revenue [Line Items]
In-scope of revenue from contracts with customers	41,444	60,351	39,885
Consumer and commercial fees
Disaggregation of Revenue [Line Items]
Out-of-scope of revenue from contracts with customers	$ 197,228	$ 233,699	$ 256,412

NON-INTEREST INCOME AND OTHER_5

NON-INTEREST INCOME AND OTHER EXPENSES (Schedule of Other Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
Amortization of intangibles	$ 44,749	$ 58,661	$ 58,993
Deposit insurance premiums and other expenses	34,506	50,238	64,734
Loss on debt extinguishment	0	10,887	2,735
Other administrative expenses	433,738	390,573	518,138
Other miscellaneous expenses	35,265	50,193	42,830
Total Other expenses	$ 548,258	$ 560,552	$ 687,430

INCOME TAXES (Income Taxes from

INCOME TAXES (Income Taxes from Continuing Operations) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Current:
Foreign	$ (1)	$ (1,096)	$ 491
Federal	138,293	103,260	40,964
State	309,656	63,346	91,592
Total current	447,948	165,510	133,047
Deferred:
Foreign	(7)	4,797	38,471
Federal	704,337	(213,105)	263,970
State	(68,695)	(67,847)	36,711
Total deferred	635,635	(276,155)	339,152
Total income tax provision/(benefit)	$ 1,083,583	$ (110,645)	$ 472,199

INCOME TAXES (Reconciliation of

INCOME TAXES (Reconciliation of Statutory and Effective Tax Rate) (Details)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Federal income tax at statutory rate	21.00%	21.00%	21.00%
Valuation allowance	0.10%	(1.80%)	2.40%
Tax-exempt income	(0.10%)	1.30%	(0.90%)
Section 162(m) limitation	0.10%	(0.40%)	0.20%
Non-deductible FDIC insurance premiums	0.10%	(1.20%)	0.80%
BOLI	(0.20%)	1.60%	(0.90%)
State income taxes, net of federal tax benefit	4.10%	(2.40%)	6.10%
General business tax credits	(0.60%)	2.70%	(1.60%)
Electric vehicle credits	(1.40%)	0.20%	(0.40%)
Basis difference in unconsolidated subsidiaries	0.00%	34.70%	3.40%
Uncertain tax position reserve	0.00%	0.40%	(0.10%)
Goodwill impairment	0.00%	(37.80%)	0.00%
Other	(0.10%)	(3.90%)	1.20%
ETR	23.00%	14.40%	31.20%

INCOME TAXES (Deferred Tax Asse

INCOME TAXES (Deferred Tax Assets and Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Deferred tax assets:
ALLL	$ 281,769	$ 349,186
IRC Section 475 mark-to-market adjustment	663,794	670,294
Unrealized loss on available-for-sale securities	22,579	0
Unrealized loss on derivatives	16,556	0
HTM	2,294	3,417
Net operating loss carryforwards	819,831	1,883,130
Lease liability	151,005	167,165
Employee benefits	106,339	87,471
General business credit & other tax credit carryforwards	395,690	486,937
Broker commissions paid on originated mortgage loans	5,117	7,444
Minimum tax credit carryforwards	1	1,337
Goodwill amortization	0	38,390
Accrued expenses	18,188	69,401
Recourse reserves	7,897	6,322
Deferred interest expense	76,060	74,324
Depreciation and amortization	813,726	684,382
Deferred income	34,124	0
Other	123,122	139,525
Total gross deferred tax assets	3,538,092	4,668,725
Valuation allowance	(298,558)	(371,559)
Total deferred tax assets	3,239,534	4,297,166
Deferred tax liabilities:
Purchase accounting adjustments	87,329	72,559
Deferred income	0	10,357
Originated MSRs	22,727	23,290
Unrealized gain on AFS securities	0	45,070
Unrealized gain on derivatives	0	28,788
ROU asset	137,466	157,081
Leasing transactions	3,503,688	3,933,789
Other	171,733	197,472
Total gross deferred tax liabilities	3,922,943	4,468,406
Net deferred tax (liability)	$ (683,409)	$ (171,240)

INCOME TAXES (Narrative 10-K) (

INCOME TAXES (Narrative 10-K) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Federal income tax at statutory rate	21.00%	21.00%	21.00%
Deferred tax liabilities, net	$ 683,409	$ 171,240
Deferred tax liabilities	771,341	182,353
Deferred tax assets	87,931	11,114
Valuation allowance	298,558	$ 371,559
Valuation allowance, decrease, amount	73,000
Deferred income taxes on bad debt reserve	29,300
Tax bad debt reserve	112,100
Net unrecognized tax benefit reserves	$ 21,552

INCOME TAXES (Deferred Tax Carr

INCOME TAXES (Deferred Tax Carryforwards and Valuation Allowances) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	$ 768,325
State net operating loss carryforwards	51,506
General business credit carryforward	395,690	$ 486,937
Minimum tax credit carryforward	1	1,337
Deferred tax timing differences	2,322,569
Total	3,538,091
Valuation allowance	298,558	$ 371,559
Operating loss carryforwards | Federal
Operating Loss Carryforwards [Line Items]
Valuation allowance	212,597
Operating loss carryforwards | State
Operating Loss Carryforwards [Line Items]
Valuation allowance	5,641
General business credit carryforward
Operating Loss Carryforwards [Line Items]
Valuation allowance	77,091
Minimum tax credit carryforward
Operating Loss Carryforwards [Line Items]
Valuation allowance	0
Deferred tax timing differences
Operating Loss Carryforwards [Line Items]
Valuation allowance	$ 3,229

INCOME TAXES (Changes in Liabil

INCOME TAXES (Changes in Liability Related to Uncertain Tax Positions) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Gross unrecognized tax benefits at beginning of period	$ 51,654	$ 56,295	$ 87,770
Additions based on tax positions	0	0	270
Additions for tax positions of prior years	1,015	1,118	14,495
Reductions for tax positions of prior years	(25,392)	(4,675)	(40,206)
Reductions to unrecognized tax benefits as a result of a lapse of the applicable statute of limitations	(278)	(145)	(6,034)
Settlements	0	(939)	0
Gross unrecognized tax benefits at end of period	26,999	51,654	56,295
Less: Federal, state and local income tax benefits	(5,447)
Net unrecognized tax benefit reserves	21,552
Unrecognized Tax Benefits
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Gross unrecognized tax benefits at beginning of period	45,763	49,737	45,303
Additions based on tax positions	0	0	270
Additions for tax positions of prior years	0	0	12,716
Reductions for tax positions of prior years	(25,392)	(3,096)	(4,652)
Reductions to unrecognized tax benefits as a result of a lapse of the applicable statute of limitations	(212)	(93)	(3,900)
Settlements	0	(785)	0
Gross unrecognized tax benefits at end of period	20,159	45,763	49,737
Gross net unrecognized tax benefits that if recognized would impact the ETR at December 31, 2021	20,159
Accrued Interest and Penalties
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Gross unrecognized tax benefits at beginning of period	5,891	6,558	42,467
Additions based on tax positions	0	0	0
Additions for tax positions of prior years	1,015	1,118	1,779
Reductions for tax positions of prior years	0	(1,579)	(35,554)
Reductions to unrecognized tax benefits as a result of a lapse of the applicable statute of limitations	(66)	(52)	(2,134)
Settlements	0	(154)	0
Gross unrecognized tax benefits at end of period	6,840	$ 5,891	$ 6,558
Gross net unrecognized tax benefits that if recognized would impact the ETR at December 31, 2021	$ 6,840

STOCK-BASED COMPENSATION (SC -

STOCK-BASED COMPENSATION (SC - Narrative) (Details) - SC - USD ($)	Jan. 23, 2014	Dec. 31, 2013	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Amount recognized related to stock options and restricted stock units within compensation expense			$ 10,200,000	$ 7,100,000	$ 8,600,000
Fair value of options granted in period	$ 10,200,000
Compensation not yet recognized, stock options			$ 0
Number of options granted (in shares)			0
Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation not yet recognized, period for recognition	3 years
Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation not yet recognized, period for recognition	5 years
Compensation not yet recognized, stock options			$ 700,000
Number of options granted (in shares)			0	0
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period			10 years
MEP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock awards available for grant (in shares)						29,400,000
Omnibus Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock awards available for grant (in shares)		583,890
Common stock issued (in shares)		5,192,641
Stock vesting period		5 years
Employee benefits and share-based compensation			$ 0	$ 0	$ 0
Omnibus Incentive Plan | RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award holding period			1 year
Omnibus Incentive Plan | RSUs | Vested Immediately
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock vesting period			3 years
Omnibus Incentive Plan | RSUs | Vest Ratably
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock vesting period			5 years

STOCK-BASED COMPENSATION (SC _2

STOCK-BASED COMPENSATION (SC - Stock Options Activity) (Details) - SC - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Shares
Options outstanding at beginning of period (in shares)	169,369
Granted (in shares)	0
Exercised (in shares)	(123,170)
Expired (in shares)	0
Forfeited (in shares)	0
Other (in shares)	0
Options outstanding at end of period (in shares)	46,199	169,369
Options exercisable at end of period (in shares)	46,199
Options expected to vest after end of period (in shares)	0
Weighted Average Exercise Price
Options outstanding at beginning of period (in usd per share)	$ 13.01
Granted (in usd per share)	0
Exercised (in usd per share)	9.76
Expired (in usd per share)	0
Forfeited (in usd per share)	0
Other (in usd per share)	0
Options outstanding at end of period (in usd per share)	21.69	$ 13.01
Options exercisable at end of period (in usd per share)	21.69
Options expected to vest after end of period (in usd per share)	$ 0
Weighted Average Remaining Contractual Term (Years)
Options outstanding	3 years 1 month 6 days	1 year 10 months 24 days
Options exercisable at end of period	3 years 1 month 6 days
Aggregate Intrinsic Value
Options outstanding at beginning of period	$ 1,543
Exercised	3,128
Options outstanding at end of period	939	$ 1,543
Options exercisable at end of period	939
Options expected to vest after end of period	$ 0

STOCK-BASED COMPENSATION (SC _3

STOCK-BASED COMPENSATION (SC - RSUs and Performance Stocks Activity) (Details) - SC - RSUs and Performance Stock Units - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Shares
Outstanding at beginning of period (in shares)	367,012
Granted (in shares)	438,435
Vested (in shares)	(411,419)
Forfeited/cancelled (in shares)	(7,549)
Outstanding at end of period (in shares)	386,479	367,012
Weighted Average Exercise Price
Outstanding at beginning of period (in usd per share)	$ 19.78
Granted (in usd per share)	27.71
Vested (in usd per share)	23.12
Forfeited/cancelled (in usd per share)	14.67
Outstanding at end of period (in usd per share)	$ 25.07	$ 19.78
Weighted Average Remaining Contractual Term (Years)	10 months 24 days	9 months 18 days
Aggregate Intrinsic Value
Outstanding at beginning of period	$ 8,082
Vested	11,260
Outstanding at end of period	$ 16,240	$ 8,082

OTHER EMPLOYEE BENEFIT PLANS (D

OTHER EMPLOYEE BENEFIT PLANS (Defined Contribution Plans) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Defined Contribution Plan Disclosure [Line Items]
Period of time following completion of service to participate in 401K Plan	1 month
Employee's maximum contributions as a percentage of base salary	75.00%
Employer matching contribution, percent of match	100.00%		100.00%
Employer matching contribution, percent of employees' gross pay	6.00%		5.00%
Contributions	$ 41.2	$ 40.2	$ 33.7
SC
Defined Contribution Plan Disclosure [Line Items]
Employee's maximum contributions as a percentage of base salary	75.00%
Contributions	$ 18.2	$ 16.3	$ 14
Maximum | SC
Defined Contribution Plan Disclosure [Line Items]
Employer matching contribution, percent of employees' gross pay	6.00%

OTHER EMPLOYEE BENEFIT PLANS _2

OTHER EMPLOYEE BENEFIT PLANS (Defined Benefit Plans and Other Post Retirement Benefit Plans) (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Defined Benefit Plan Disclosure [Line Items]
Accrued liabilities related to total defined benefit plan	$ 26.9	$ 28.4
Unfunded status of plan	13.5	$ 12.8
Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Unfunded status of plan	31.6
Pension Plan | BSI and SIS
Defined Benefit Plan Disclosure [Line Items]
Unfunded status of plan	$ 18.1

COMMITMENTS, CONTINGENCIES, A_3

COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Other Commitments) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Other Commitments [Line Items]
Total commitments	$ 29,098,029	$ 32,392,419
Commitments to extend credit
Other Commitments [Line Items]
Other commitments	27,648,128	30,883,502
Letters of credit
Other Commitments [Line Items]
Letters of credit	1,374,081	1,432,764
Commitments to sell loans
Other Commitments [Line Items]
Other commitments	56,725	49,791
Recourse exposure on sold loans
Other Commitments [Line Items]
Other commitments	$ 19,095	$ 26,362

COMMITMENTS, CONTINGENCIES, A_4

COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Commitments to Extend Credit) (Details) - USD ($) $ in Billions	Dec. 31, 2021	Dec. 31, 2020
Commitments to extend credit
Other Commitments [Line Items]
Commitments that can be canceled without notice	$ 3.8	$ 5.4

COMMITMENTS, CONTINGENCIES, A_5

COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Letters of Credit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Other Commitments [Line Items]
Lines of credit outstanding	$ 104,100	$ 146,500
Letters of credit
Other Commitments [Line Items]
Commitments, weighted average term (in months)	12 months 22 days
Letters of credit	$ 1,374,081	$ 1,432,764

COMMITMENTS, CONTINGENCIES, A_6

COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Commitments to Sell Loans) (Details)	12 Months Ended
	Dec. 31, 2021
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	Dec. 31, 2021	Dec. 31, 2020
Consumer arrangements
Long-term Purchase Commitment [Line Items]
Contingencies	$ 6,937	$ 22,155
Chrysler | Revenue-sharing and gain/(loss), net-sharing payments
Long-term Purchase Commitment [Line Items]
Commitments	41,995	43,778
Bank of America | Servicer performance fee
Long-term Purchase Commitment [Line Items]
Commitments	462	1,200
CBP | Loss-sharing payments
Long-term Purchase Commitment [Line Items]
Commitments	$ 273	$ 181

COMMITMENTS, CONTINGENCIES, A_8

COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Chrysler Agreement) (Details) - SC - Chrysler	Dec. 31, 2021USD ($)
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 ($)	12 Months Ended
	Dec. 31, 2021	Jan. 31, 2017
Other Commitments [Line Items]
Commitments		$ 300,000,000
Servicer payments period (in years)	6 years

COMMITMENTS, CONTINGENCIES, _10

COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Agreement with CBP) (Details)	12 Months Ended
	Dec. 31, 2021
SC | CBP
Other Commitments [Line Items]
Loss-sharing payment percentage	0.50%

COMMITMENTS, CONTINGENCIES, _11

COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Bluestem) (Details) - Bluestem - SC - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Purchase New Advances on Personal Revolving Financing Receivable
Other Commitments [Line Items]
Other commitments		$ 2,700	$ 3,000
Purchases from other commitments	$ 300	1,200
Purchase of Receivables Related to New Opened Customer Accounts
Other Commitments [Line Items]
Purchases from other commitments	$ 24.9	$ 294.3

COMMITMENTS, CONTINGENCIES, _12

COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Others) (Details) - SC - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Nov. 30, 2015
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	$ 3,000,000	$ 15,300,000

COMMITMENTS, CONTINGENCIES, _13

COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Legal and Regulatory Proceedings) (Details)	Jan. 28, 2022USD ($)	Jul. 12, 2021USD ($)	Nov. 27, 2020USD ($)municipalBondUnderwriter	Oct. 28, 2020USD ($)municipalBondUnderwriterunderwriter	Aug. 08, 2019USD ($)municipalBondUnderwriter	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Oct. 31, 2013USD ($)
Loss Contingencies [Line Items]
Accrued legal and regulatory liabilities						$ 44,000,000	$ 109,500,000
Bonds (more than)						$ 41,133,187,000
SC
Loss Contingencies [Line Items]
Ownership percentage by parent						80.20%
Daniel and Rebecca Ruf-Tepper v. Santander Bank, N.A.
Loss Contingencies [Line Items]
Damages sought, value		$ 2,000,000
Crystal Sanchez v. Santander Bank, N.A. | Subsequent Event
Loss Contingencies [Line Items]
Damages sought, value	$ 4,250,000
Hugh and Christina Kelly v. Santander Consumer USA Holdings Inc
Loss Contingencies [Line Items]
Storage fee						$ 25
Puerto Rico Closed-End Funds Shareholder Derivative and Class Action | Puerto Rico
Loss Contingencies [Line Items]
Bonds (more than)								$ 180,000,000
Closed-end funds								$ 101,000,000
Puerto Rico Municipal Bond Insurer Litigation | Puerto Rico
Loss Contingencies [Line Items]
Damages sought, value			$ 447,000,000	$ 508,000,000	$ 720,000,000
Number of municipal bond underwriters | municipalBondUnderwriter			12	4	8
Number of underwriters | underwriter				7
Maximum
Loss Contingencies [Line Items]
Estimate of possible loss						$ 12,800,000

RELATED PARTY TRANSACTIONS (Sto

RELATED PARTY TRANSACTIONS (Stockholder's Equity) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Related Party Transaction [Line Items]
Capital contribution from shareholder	$ 0	$ 0	$ 88,927,000
Santander | Affiliates
Related Party Transaction [Line Items]
Capital contribution from shareholder	$ 0	$ 0	$ 88,900,000

RELATED PARTY TRANSACTIONS (Let

RELATED PARTY TRANSACTIONS (Letters of Credit) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
BSI | Affiliates
Related Party Transaction [Line Items]
Letters of credit	$ 224.6	$ 240.1
Letters of credit | Agreement Between Santander and Bank
Related Party Transaction [Line Items]
Average unfunded balance outstanding	$ 146.9	$ 109.7

RELATED PARTY TRANSACTIONS (Der

RELATED PARTY TRANSACTIONS (Derivatives) (Details) - USD ($) $ in Billions	Dec. 31, 2021	Dec. 31, 2020
Affiliates | Santander
Related Party Transaction [Line Items]
Notional amount	$ 34.5	$ 29.8

RELATED PARTY TRANSACTIONS (Loa

RELATED PARTY TRANSACTIONS (Loans to Officers and Directors) (Details) - Officers and Directors - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Related Party Transaction [Line Items]
Loans and leases receivable, related parties, discount	0.25%
Loans and leases receivable, related parties	$ 3.3	$ 2.6

RELATED PARTY TRANSACTIONS (Dep

RELATED PARTY TRANSACTIONS (Deposits and Checking Accounts) (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Related Party Transaction [Line Items]
Deposits	$ 81,598,172,000	$ 75,303,707,000
Cash and cash equivalents	19,305,530,000	12,621,281,000	$ 7,600,000,000
Affiliates | SBNA
Related Party Transaction [Line Items]
Cash and cash equivalents	3,700,000,000	4,200,000,000
Affiliates | SBNA | Banco Santander Brasil S.A.
Related Party Transaction [Line Items]
Deposits	1,500,000,000	2,000,000,000
Affiliates | SBNA | Banco Santander-Chile
Related Party Transaction [Line Items]
Deposits	1,000,000,000	845,000,000
Affiliates | SBNA | Banco Santander Rio S.A.
Related Party Transaction [Line Items]
Deposits	110,000,000	0
Affiliates | SBNA | SC
Related Party Transaction [Line Items]
Cash and cash equivalents	1,700,000,000	32,500,000
Collateral	$ 7,700,000	$ 27,000

RELATED PARTY TRANSACTIONS (Ser

RELATED PARTY TRANSACTIONS (Service Agreements) (Details) - Affiliates - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
SBNA | One CIB Operating Expenses
Related Party Transaction [Line Items]
Revenue from related party transactions	$ 11,600,000	$ 29,000,000
SIS | One CIB Operating Expenses
Related Party Transaction [Line Items]
Related party receivables	6,800,000	1,500,000
Santander | Development and Implementation of Global Projects
Related Party Transaction [Line Items]
Expenses from transactions with related party	14,000,000	17,400,000	$ 15,400,000
Santander | NW Services-Aquanima | Provide Procurement Services
Related Party Transaction [Line Items]
Expenses from transactions with related party	10,200,000	12,000,000	10,200,000
Related party payables	0	0
Santander | Santander Global Operations, S.A. | Provide Administrative Services, Consulting And Professional Services, Application Support and Back-Office Services
Related Party Transaction [Line Items]
Expenses from transactions with related party	1,600,000	3,600,000	4,100,000
Related party payables	0	0
Santander | Santander Global Technology S.L | Provide Information Technology Development, Support and Administration
Related Party Transaction [Line Items]
Expenses from transactions with related party	138,200,000	127,200,000	136,900,000
Related party payables	100,000	8,700,000
Santander | Santander Bank-Offices, Globales Mayoristas S.A. | Provide Administrative Services and Bank-Office Support
Related Party Transaction [Line Items]
Expenses from transactions with related party	6,400,000	6,500,000	$ 1,400,000
Related party payables	0	0
San Mexico | Technology Services
Related Party Transaction [Line Items]
Revenue from related party transactions	1,700,000	1,800,000
Related party receivables	1,100,000	0
SSLLC | Integrated Services, Broker-Dealer Activities, and Insurance Services
Related Party Transaction [Line Items]
Revenue from related party transactions	6,600,000	5,700,000
Related party receivables	$ 3,200,000	$ 6,500,000

RELATED PARTY TRANSACTIONS (SC

RELATED PARTY TRANSACTIONS (SC Credit Facilities) (Details) - SC - Affiliates - Line of Credit - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Santander
Related Party Transaction [Line Items]
Line of credit, unused fees	$ 49,900,000	$ 20,700,000	$ 0
Accrued interest	2,100,000	1,600,000
SHUSA
Related Party Transaction [Line Items]
Line of credit, unused fees	278,000,000	290,000,000	$ 209,400,000
Accrued interest	$ 34,100,000	$ 40,200,000

RELATED PARTY TRANSACTIONS (Oth

RELATED PARTY TRANSACTIONS (Other SC Related-Party Transactions) (Details) ft² in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)ft²	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Jul. 31, 2021USD ($)
Related Party Transaction [Line Items]
Total lease liabilities	$ 646,799
Management | SC
Related Party Transaction [Line Items]
Operating leases, area of leased property (in square feet) | ft²	373
Lease payments	$ 3,900	$ 5,100	$ 5,300
Operating leases, area of subleased property (in square feet) | ft²	13
Term of lease	6 years
Total lease liabilities	$ 33,500
Affiliates | SC | AutoFi, Inc. | Platform Development and License Agreement
Related Party Transaction [Line Items]
Annual amount of transaction, first year				$ 6,000
Affiliates | SC | AutoFi, Inc. | Platform Development and License Agreement | Minimum
Related Party Transaction [Line Items]
Annual amount of transaction, after first year				2,400
Affiliates | SC | AutoFi, Inc. | Platform Development and License Agreement | Maximum
Related Party Transaction [Line Items]
Annual amount of transaction, after first year				$ 3,000
Affiliates | SC | AutoFi, Inc.
Related Party Transaction [Line Items]
Related party, ownership interest in affiliate				10.30%

RELATED PARTY TRANSACTIONS (S_2

RELATED PARTY TRANSACTIONS (SC Securitizations) (Details) - Affiliates - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Santander | SC
Related Party Transaction [Line Items]
Servicing fee income, related party	$ 8,900	$ 16,500	$ 29,800
Related party receivable	498	1,070
Related party payable	3,635	6,203
SIS | Securitizations
Related Party Transaction [Line Items]
Expenses from transactions with related party	$ 5,400	$ 2,700	$ 3,700

RELATED PARTY TRANSACTIONS (S_3

RELATED PARTY TRANSACTIONS (SC Service Agreements) (Details) - Affiliates - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
RIC and RV Marine Contracts | SC
Related Party Transaction [Line Items]
Expenses from transactions with related party	$ 1,300,000	$ 1,900,000	$ 1,800,000
RIC and RV Marine Contracts | SC | RIC and RV
Related Party Transaction [Line Items]
Principal amount outstanding of loans held-in-portfolio	121,300,000	190,500,000
Proceeds from collection of loans	23,300,000	19,700,000
Accounts payable to related parties, current	3,200,000	1,800,000
Dealer Lending | SC
Related Party Transaction [Line Items]
Expenses from transactions with related party	0	3,100,000	$ 5,700,000
Related party receivables	4,000,000	7,500,000
Origination Support Services - Retail Loans | RICs | SC
Related Party Transaction [Line Items]
Payments to acquire loans receivable	7,600,000,000	5,400,000,000
Origination Support Services - Retail Loans | SC
Related Party Transaction [Line Items]
Expenses from transactions with related party	52,400,000	38,700,000
Accounts payable to related parties, current		$ 2,700,000
Related party receivables	4,100,000
Origination Support Services - Vehicle Leases | SC
Related Party Transaction [Line Items]
Principal amount outstanding of loans held-in-portfolio	740,500,000
Origination Support Services - Vehicle Leases | SC
Related Party Transaction [Line Items]
Expenses from transactions with related party	600,000
Accounts payable to related parties, current	1,900,000
Related party receivables	$ 2,200,000

RELATED PARTY TRANSACTIONS (O_2

RELATED PARTY TRANSACTIONS (Other Related-Party Transactions) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Related Party Transaction [Line Items]
Deposits	$ 81,598,172,000	$ 75,303,707,000
Affiliates | BSI
Related Party Transaction [Line Items]
Deposit assets	250,000,000	750,000,000
Deposits	90,200,000	72,900,000
Short-term borrowings	0	200,000,000
Santander | Affiliates | BSI
Related Party Transaction [Line Items]
Loan participation sold	618,200,000	618,200,000	$ 714,200,000
SSLLC | Affiliates | Integrated Services, Broker-Dealer Activities, and Insurance Services
Related Party Transaction [Line Items]
Referral and servicing fees	6,600,000	5,700,000
Related party receivables	$ 3,200,000	$ 6,500,000

REGULATORY MATTERS (Narrative)

REGULATORY MATTERS (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Banking Regulation, Total Capital [Abstract]
Total distributions as a percentage of net income during the year plus retained net income for the prior two years	100.00%
Number of years of retained net income for distribution percentage calculation	2 years
Dividends paid on common stock	$ 0	$ 125,000,000	$ 400,000,000
Preferred stock, shares outstanding (in shares)	0	0	0

REGULATORY MATTERS (Actual Capi

REGULATORY MATTERS (Actual Capital Balances) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Regulatory capital
CET 1 Capital Ratio	$ 21,068,063	$ 18,368,202
Tier 1 Capital Ratio	23,174,869	20,048,095
Total Capital Ratio	25,332,953	21,658,574
Leverage Ratio	$ 23,174,869	$ 20,048,095
Capital ratio
Common Equity Tier 1 Capital Ratio (as a percent)	18.84%	15.94%
Tier 1 Capital Ratio (as a percent)	0.2073	0.1740
Total Capital Ratio (as a percent)	0.2266	0.1880
Leverage Ratio (as a percent)	0.1501	0.1377
SBNA
Regulatory capital
CET 1 Capital Ratio	$ 10,694,372	$ 10,266,788
Tier 1 Capital Ratio	10,694,372	10,266,788
Total Capital Ratio	11,413,014	11,084,978
Leverage Ratio	$ 10,694,372	$ 10,266,788
Capital ratio
Common Equity Tier 1 Capital Ratio (as a percent)	16.36%	15.67%
Tier 1 Capital Ratio (as a percent)	0.1636	0.1567
Total Capital Ratio (as a percent)	0.1745	0.1692
Leverage Ratio (as a percent)	0.1118	0.1213

BUSINESS SEGMENT INFORMATION (N

BUSINESS SEGMENT INFORMATION (Narrative) (Details) $ in Millions	Dec. 31, 2021USD ($)
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	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting Information [Line Items]
Net interest income	$ 6,189,521	$ 6,359,481	$ 6,442,768
Non-interest income	4,452,187	3,949,988	3,729,117
Credit loss expense / (benefit)	(207,349)	2,868,183	2,292,017
Total expenses	6,144,167	8,208,234	6,365,852
INCOME / (LOSS) BEFORE INCOME TAX (BENEFIT)/PROVISION	4,704,890	(766,948)	1,514,016
Intersegment revenue/(expense)	0	0	0
Total assets	159,821,231	149,432,676	149,499,477
Reportable Segments | CBB
Segment Reporting Information [Line Items]
Net interest income	1,442,787	1,372,694	1,287,171
Non-interest income	318,130	292,598	345,842
Credit loss expense / (benefit)	(20,871)	370,228	150,329
Total expenses	1,564,273	3,064,404	1,565,458
INCOME / (LOSS) BEFORE INCOME TAX (BENEFIT)/PROVISION	217,515	(1,769,340)	(82,774)
Intersegment revenue/(expense)	(785)	(856)	(933)
Total assets	24,303,985	22,241,080	23,915,156
Reportable Segments | C&I
Segment Reporting Information [Line Items]
Net interest income	289,083	326,387	328,939
Non-interest income	70,685	65,938	84,973
Credit loss expense / (benefit)	(78,402)	135,422	38,102
Total expenses	256,415	551,102	326,043
INCOME / (LOSS) BEFORE INCOME TAX (BENEFIT)/PROVISION	181,755	(294,199)	49,767
Intersegment revenue/(expense)	13,874	12,617	9,403
Total assets	6,920,144	7,789,730	8,771,290
Reportable Segments | CRE & VF
Segment Reporting Information [Line Items]
Net interest income	377,256	386,209	400,339
Non-interest income	43,370	13,668	20,453
Credit loss expense / (benefit)	(10,116)	106,201	13,507
Total expenses	145,629	140,836	154,150
INCOME / (LOSS) BEFORE INCOME TAX (BENEFIT)/PROVISION	285,113	152,840	253,135
Intersegment revenue/(expense)	3,451	4,879	5,950
Total assets	19,725,785	20,717,404	21,284,739
Reportable Segments | CIB
Segment Reporting Information [Line Items]
Net interest income	107,565	130,139	151,573
Non-interest income	245,080	263,874	208,867
Credit loss expense / (benefit)	(27,641)	28,099	6,045
Total expenses	277,669	260,908	273,004
INCOME / (LOSS) BEFORE INCOME TAX (BENEFIT)/PROVISION	102,617	105,006	81,391
Intersegment revenue/(expense)	(16,540)	(16,640)	(14,420)
Total assets	16,016,527	10,965,616	10,074,677
Reportable Segments | Other
Segment Reporting Information [Line Items]
Net interest income	(197,348)	(22,318)	210,171
Non-interest income	427,074	323,448	406,735
Credit loss expense / (benefit)	(4,789)	(137,065)	(7,381)
Total expenses	520,194	575,031	751,748
INCOME / (LOSS) BEFORE INCOME TAX (BENEFIT)/PROVISION	(285,679)	(136,836)	(127,461)
Intersegment revenue/(expense)	0	0	0
Total assets	45,121,362	38,831,353	36,531,083
Reportable Segments | SC
Segment Reporting Information [Line Items]
Net interest income	4,148,149	4,151,344	3,971,826
Non-interest income	3,403,935	3,024,918	2,760,370
Credit loss expense / (benefit)	(65,530)	2,364,460	2,093,749
Total expenses	3,386,551	3,601,970	3,284,179
INCOME / (LOSS) BEFORE INCOME TAX (BENEFIT)/PROVISION	4,231,063	1,209,832	1,354,268
Intersegment revenue/(expense)	0	0	0
Total assets	47,733,428	48,887,493	48,922,532
SC Purchase Price Adjustments | SC Purchase Price Adjustments
Segment Reporting Information [Line Items]
Net interest income	(411)	(711)	38,408
Non-interest income	0	10,864	6,184
Credit loss expense / (benefit)	0	838	(2,334)
Total expenses	24,810	39,201	40,107
INCOME / (LOSS) BEFORE INCOME TAX (BENEFIT)/PROVISION	(25,221)	(29,886)	6,819
Intersegment revenue/(expense)	0	0	0
Total assets	0	0	0
Eliminations
Segment Reporting Information [Line Items]
Net interest income	22,440	15,737	54,341
Non-interest income	(56,087)	(45,320)	(104,307)
Credit loss expense / (benefit)	0	0	0
Total expenses	(31,374)	(25,218)	(28,837)
INCOME / (LOSS) BEFORE INCOME TAX (BENEFIT)/PROVISION	(2,273)	(4,365)	(21,129)
Intersegment revenue/(expense)	0	0	0
Total assets	$ 0	$ 0	$ 0

PARENT COMPANY FINANCIAL INFO_3

PARENT COMPANY FINANCIAL INFORMATION (Balance Sheets) (Details) - USD ($) $ in Thousands		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Assets
Cash and cash equivalents		$ 19,305,530	$ 12,621,281	$ 7,600,000
Investment in subsidiaries:
Premises and equipment, net		856,393	787,341
Equity method investments		260,010	272,633
Deferred tax assets		87,931	11,114
Other assets	[1],[2]	3,335,423	4,052,230
TOTAL ASSETS		159,821,231	149,432,676	149,499,477
Liabilities and stockholder's equity
Borrowings and other debt obligations	[2]	41,133,187	46,359,467
Deferred tax liabilities, net		771,341	182,353
Other liabilities	[2]	1,119,959	1,479,874
TOTAL LIABILITIES		135,353,881	128,169,964
Stockholder's equity		22,513,955	19,886,878
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY		159,821,231	149,432,676
Other investments		1,096,138	1,553,862
Parent Company
Assets
Cash and cash equivalents		3,550,193	4,081,575	3,100,000
Loans to bank subsidiaries		1,000,000	0
Loans to non-bank subsidiaries		5,350,000	6,800,000
Investment in subsidiaries:
Bank subsidiaries		9,405,335	9,244,620
Non-bank subsidiaries		12,506,523	10,381,360
Premises and equipment, net		43,785	38,626
Equity method investments		6,049	6,019
Restricted cash		56,538	56,403	$ 58,200
Deferred tax assets		208,695	207,520
Other assets		327,594	209,644
TOTAL ASSETS		32,454,712	31,025,767
Liabilities and stockholder's equity
Borrowings and other debt obligations		9,622,233	10,656,350
Deferred tax liabilities, net		119,939	130,574
Other liabilities		188,421	222,594
TOTAL LIABILITIES		10,082,619	11,282,046
Stockholder's equity		22,372,093	19,743,721
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY		32,454,712	31,025,767
Other investments		200	1,000
Parent Company | Subsidiary Banks
Liabilities and stockholder's equity
Collections due to subsidiary banks and non-bank subsidiaries		0	121,547
Parent Company | Non-Bank Subsidiaries
Liabilities and stockholder's equity
Collections due to subsidiary banks and non-bank subsidiaries		$ 152,026	$ 150,981
[1]	Includes MSRs of $79.1 million and $77.5 million at December 31, 2021 and December 31, 2020, respectively, for which the Company has elected the FVO. See Note 15 to these Consolidated Financial Statements for additional information.
[2]	The Company has interests in certain Trusts that are considered VIEs for accounting purposes. At December 31, 2021 and December 31, 2020, LHFI included $20.6 billion and $22.6 billion, LHFS included $0.0 billion and $0.6 billion Operating leases assets, net included $14.7 billion and $16.4 billion, restricted cash included $1.6 billion and $1.7 billion, Other assets included $629.4 million and $791.3 million, Borrowings and other debt obligations included $29.2 billion and $31.7 billion, and Other liabilities included $81.1 million and $84.9 million of assets or liabilities that were included within VIEs, respectively. See Note 8 to these Consolidated Financial Statements for additional information.

PARENT COMPANY FINANCIAL INFO_4

PARENT COMPANY FINANCIAL INFORMATION (Statements of Operations and Comprehensive Income) (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Condensed Income Statements, Captions [Line Items]
Income from equity method investments		$ (12,785)	$ (11,538)	$ 1,584
Interest expense		1,103,408	1,660,803	2,207,427
Income tax benefit		1,083,583	(110,645)	472,199
Equity in undistributed earnings of:
NET INCOME / (LOSS) ATTRIBUTABLE TO SHUSA		2,982,362	(840,364)	753,169
Other comprehensive income, net of tax:
Net unrealized (losses)/gains on cash flow hedge derivative financial instruments	[1]	(158,184)	98,281	(301)
Net unrealized (losses)/gains recognized on investment securities	[1]	(197,168)	140,143	222,887
Pension and post-retirement actuarial gains, net of tax		947	16,078	10,859
TOTAL OCI / (LOSS), NET OF TAX		(354,405)	254,502	233,445
COMPREHENSIVE INCOME ATTRIBUTABLE TO SHUSA		2,627,957	(585,862)	986,614
Parent Company
Condensed Income Statements, Captions [Line Items]
Interest income		289,846	297,621	176,013
Income from equity method investments		59	426	2,288
Other income		75,387	151,514	58,373
Total income		365,292	449,561	236,674
Interest expense		369,861	382,936	345,888
Other expense		279,697	261,821	234,849
Total expense		649,558	644,757	580,737
Loss before income taxes and equity in earnings of subsidiaries		(284,266)	(195,196)	(344,063)
Income tax benefit		(38,800)	(275,290)	(38,732)
(Loss)/Income before equity in earnings of subsidiaries		(245,466)	80,094	(305,331)
Equity in undistributed earnings of:
Bank subsidiaries		503,075	(1,282,781)	387,938
Non-bank subsidiaries		2,724,753	362,323	670,562
NET INCOME / (LOSS) ATTRIBUTABLE TO SHUSA		2,982,362	(840,364)	753,169
Other comprehensive income, net of tax:
Net unrealized (losses)/gains on cash flow hedge derivative financial instruments		(158,184)	98,281	(301)
Net unrealized (losses)/gains recognized on investment securities		(197,168)	140,143	222,887
Pension and post-retirement actuarial gains, net of tax		947	16,078	10,859
TOTAL OCI / (LOSS), NET OF TAX		(354,405)	254,502	233,445
COMPREHENSIVE INCOME ATTRIBUTABLE TO SHUSA		$ 2,627,957	(585,862)	$ 986,614
Gain (loss) on disposition of business			$ 62,400
[1]	Excludes $5.2 million, $(7.4) million, and $(18.3) million of OCI/(loss) attributable to NCI for the years ended December 31, 2021, 2020, and 2019, respectively.

PARENT COMPANY FINANCIAL INFO_5

PARENT COMPANY FINANCIAL INFORMATION (Statement of Cash Flows) (Details) - USD ($)		12 Months Ended
		Dec. 31, 2021		Dec. 31, 2020		Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income/(loss)		$ 2,982,362,000		$ (840,364,000)		$ 753,169,000
Adjustments to reconcile net income to net cash provided by operating activities:
Deferred tax expense/(benefit)		635,635,000		(276,155,000)		339,152,000
Undistributed earnings of:
Equity earnings from equity method investments		12,785,000		11,538,000		(1,584,000)
Depreciation, amortization and accretion		2,354,705,000		2,766,050,000		2,402,611,000
Loss on debt extinguishment		0		10,887,000		2,735,000
NET CASH PROVIDED BY OPERATING ACTIVITIES		8,539,268,000		5,268,999,000		6,849,157,000
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from prepayments and maturities of AFS investment securities		4,458,454,000		8,125,673,000		6,688,603,000
Purchases of other investments		(325,493,000)		(902,090,000)		(369,361,000)
Purchases of premises and equipment		(233,640,000)		(195,807,000)		(216,810,000)
NET CASH USED IN INVESTING ACTIVITIES		(7,642,011,000)		(1,549,253,000)		(17,242,333,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Dividends paid on common stock		0		(125,000,000)		(400,000,000)
Capital contribution from shareholder		0		0		88,927,000
NET CASH PROVIDED BY/(USED IN) FINANCING ACTIVITIES		6,195,237,000		2,678,743,000		11,197,124,000
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH		7,092,494,000		6,398,489,000		803,948,000
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD		17,924,741,000	[1]	11,526,252,000	[1]	10,722,304,000
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD	[1]	25,017,235,000		17,924,741,000		11,526,252,000
Adoption of lease accounting standard:
ROU assets		0		0		664,057,000
Accrued expenses and payables		0		0		705,650,000
Cash and cash equivalents		19,305,530,000		12,621,281,000		7,600,000,000
Parent Company
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income/(loss)		2,982,362,000		(840,364,000)		753,169,000
Adjustments to reconcile net income to net cash provided by operating activities:
Deferred tax expense/(benefit)		(82,394,000)		(261,113,000)		235,688,000
Undistributed earnings of:
Bank subsidiaries		(503,075,000)		1,282,781,000		(387,938,000)
Non-bank subsidiaries		(2,724,753,000)		(362,323,000)		(670,562,000)
Net gain on sale of investment in subsidiary and other assets		(611,000)		(65,229,000)		0
Equity earnings from equity method investments		(59,000)		(426,000)		(2,288,000)
Dividends from investment in subsidiaries		336,153,000		213,092,000		482,548,000
Depreciation, amortization and accretion		32,976,000		37,350,000		34,403,000
Loss on debt extinguishment		0		10,260,000		1,627,000
Net change in other assets and other liabilities		(80,927,000)		148,679,000		(56,938,000)
NET CASH PROVIDED BY OPERATING ACTIVITIES		(40,328,000)		162,707,000		389,709,000
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from prepayments and maturities of AFS investment securities		0		0		250,000,000
Purchases of other investments		0		0		(1,042,000)
Net capital returned from/(contributed to) subsidiaries		250,968,000		(25,707,000)		(215,657,000)
Originations of loans to subsidiaries		(13,981,000,000)		(10,245,000,000)		(7,995,000,000)
Repayments of loans by subsidiaries		14,431,000,000		9,095,000,000		5,845,000,000
Proceeds from business divestitures		0		1,277,626,000		0
Purchases of premises and equipment		(27,855,000)		(2,538,000)		(9,800,000)
NET CASH USED IN INVESTING ACTIVITIES		673,113,000		99,381,000		(2,126,499,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayment of Parent Company debt obligations		(1,421,077,000)		(1,371,274,000)		(2,225,806,000)
Net proceeds received from Parent Company debt obligations		501,000,000		1,941,003,000		3,811,670,000
Net change in commercial paper		(125,000,000)		125,000,000		0
Dividends paid on common stock		0		(125,000,000)		(400,000,000)
Capital contribution from shareholder		0		0		88,927,000
NET CASH PROVIDED BY/(USED IN) FINANCING ACTIVITIES		(1,164,032,000)		691,962,000		1,278,374,000
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH		(531,247,000)		954,050,000		(458,416,000)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD		4,137,978,000		3,183,928,000		3,642,344,000
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD		3,606,731,000		4,137,978,000		3,183,928,000
Adoption of lease accounting standard:
ROU assets		0		0		6,779,000
Accrued expenses and payables		0		0		7,622,000
Cash and cash equivalents		3,550,193,000		4,081,575,000		3,100,000,000
Restricted cash		56,538,000		56,403,000		58,200,000
Parent Company | Subsidiary Banks
CASH FLOWS FROM FINANCING ACTIVITIES:
Net change in borrowings from		(120,000,000)		120,000,000		0
Parent Company | Non-Bank Subsidiaries
CASH FLOWS FROM FINANCING ACTIVITIES:
Net change in borrowings from		$ 1,045,000		$ 2,233,000		$ 3,583,000
[1]	The years ended December 31, 2021, 2020 and 2019 include cash and cash equivalents balances of $19.3 billion, $12.6 billion and $7.6 billion, respectively, and restricted cash balances of $5.7 billion, $5.3 billion and $3.9 billion, respectively.