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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 726,779 $ 289,591
Money market investments:    
Time deposits with other financial institutions 3,126 2,800
Other short-term investments 7,289 7,294
Total money market investments 10,415 10,094
Investment securities available for sale, at fair value:    
Securities pledged that can be repledged 348,724 339,390
Other investment securities 1,401,748 1,542,530
Total investment securities available for sale 1,750,472 1,881,920
Investment securities held to maturity, at amortized cost:    
Securities pledged that can be repledged 0 0
Other investment securities 150,627 156,190
Total investment securities held to maturity, fair value of $130,125 (2016- $132,759) 150,627 156,190
Other equity securities 52,119 42,992
Loans, net of allowance for loan and lease losses of $230,870 (2016 - $205,603) 8,646,344 8,681,270
Loans held for sale, at lower of cost or market 27,576 50,006
Total loans, net 8,673,920 8,731,276
Premises and equipment, net 144,247 150,828
Other real estate owned 152,977 137,681
Accrued interest receivable on loans and investments 49,231 45,453
Other assets 462,861 476,430
Total assets 12,173,648 11,922,455
LIABILITIES    
Non-interest-bearing deposits 1,586,198 1,484,155
Interest-bearing deposits 7,179,693 7,347,050
Total deposits 8,765,891 8,831,205
Securities sold under agreements to repurchase [1],[2] 300,000 300,000
Advances from the Federal Home Loan Bank (FHLB) 915,000 670,000
Other borrowings 208,639 216,187
Accounts payable and other liabilities 130,367 118,820
Total liabilities 10,319,897 10,136,212
Preferred stock, authorized 50,000,000 shares:    
Non-cumulative Perpetual Monthly Income Preferred Stock: issued - 22,004,000 shares, outstanding 1,444,146 shares, aggregate liquidation value of $36,104 36,104 36,104
Common stock, $0.10 par value, authorized, 2,000,000,000 shares; issued, 220,220,026 shares (2016 - 218,700,394 shares issued) 22,022 21,870
Less: Treasury stock (at par value) (404) (125)
Common stock outstanding, 216,175,003 shares outstanding (2016 - 217,446,205 shares outstanding) 21,618 21,745
Additional paid-in capital 935,231 931,856
Retained earnings, includes legal surplus reserve of $52,436 871,708 830,928
Accumulated other comprehensive loss , net of tax of $7,752 (10,910) (34,390)
Total stockholders' equity 1,853,751 1,786,243
Total liabilities and stockholders' equity $ 12,173,648 $ 11,922,455
[1]
As of September 30, 2017, includes $200 million with an average rate of 2.11% that lenders have the right to call before their contractual maturities at various dates beginning on July 19, 2017. In addition, $100 million is tied to variable rates.
[2]
Reported net of securities purchased under agreements to repurchase (reverse repurchase agreements) by counterparty, when applicable, pursuant to ASC 210-20-45-11.