XML 10 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements Of Condition - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Mar. 31, 2019
Assets      
Cash and due from banks $ 349,118 $ 286,167 $ 270,765
Federal funds sold and securities purchased under resale agreements 309 309 58
Interest bearing deposits with banks 1,943,743 2,164,560 1,609,852
Available-for-sale securities, at fair value 3,570,959 3,106,214 2,185,782
Held-to-maturity securities, at amortized cost, net of allowance for credit losses of $70 at March 31, 2020 ($879.2 million, $1.1 billion and $1.0 billion fair value at March 31, 2020, December 31, 2019 and March 31, 2019 respectively) 865,376 1,134,400 1,051,542
Trading account securities 2,257 1,068 559
Equity securities with readily determinable fair value 47,310 50,840 47,653
Federal Home Loan Bank and Federal Reserve Bank stock 134,546 100,739 89,013
Brokerage customer receivables 16,293 16,573 14,219
Mortgage loans held-for-sale, at fair value 656,934 377,313 248,557
Loans, net of unearned income 27,807,321 26,800,290 24,214,629
Allowance for loan losses (216,050) (156,828) (158,212)
Net loans 27,591,271 26,643,462 24,056,417
Premises and equipment, net 764,583 754,328 676,037
Lease investments, net 207,147 231,192 224,240
Accrued interest receivable and other assets 1,460,168 1,061,141 888,492
Trade date securities receivable 502,207 0 375,211
Goodwill 643,441 645,220 573,658
Other intangible assets 44,185 47,057 46,566
Total assets 38,799,847 36,620,583 32,358,621
Deposits:      
Non-interest bearing 7,556,755 7,216,758 6,353,456
Interest bearing 23,904,905 22,890,380 20,451,286
Total deposits 31,461,660 30,107,138 26,804,742
Federal Home Loan Bank advances 1,174,894 674,870 576,353
Other borrowings 487,503 418,174 372,194
Subordinated notes 436,179 436,095 139,235
Junior subordinated debentures 253,566 253,566 253,566
Accrued interest payable and other liabilities 1,285,652 1,039,490 840,559
Total liabilities 35,099,454 32,929,333 28,986,649
Shareholders’ Equity:      
Common stock, no par value; $1.00 stated value; 100,000,000 shares authorized at March 31, 2020, December 31, 2019 and March 31, 2019; 58,266,136 shares issued at March 31, 2020, 57,950,803 shares issued at December 31, 2019 and 56,765,450 shares issued at March 31, 2019 58,266 57,951 56,765
Surplus 1,652,063 1,650,278 1,565,185
Treasury stock, at cost, 720,784 shares at March 31, 2020, 128,912 shares at December 31, 2019, and 126,482 shares at March 31, 2019 (44,891) (6,931) (6,650)
Retained earnings 1,917,558 1,899,630 1,682,016
Accumulated other comprehensive loss (7,603) (34,678) (50,344)
Total shareholders’ equity 3,700,393 3,691,250 3,371,972
Total liabilities and shareholders’ equity 38,799,847 36,620,583 32,358,621
Preferred stock, no par value; 20,000,000 shares authorized at March 31, 2020, December 31, 2019 and March 31, 2019; Series D - $25 liquidation value; 5,000,000 shares issued and outstanding at March 31, 2020, December 31, 2019 and March 31, 2019      
Shareholders’ Equity:      
Preferred stock, no par value; 20,000,000 shares authorized at March 31, 2020, December 31, 2019 and March 31, 2019; Series D - $25 liquidation value; 5,000,000 shares issued and outstanding at March 31, 2020, December 31, 2019 and March 31, 2019 $ 125,000 $ 125,000 $ 125,000