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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 1,433,261 $ 546,391
Money market investments:    
Time deposits with other financial institutions 300 300
Other short-term investments 60,272 97,408
Total money market investments 60,572 97,708
Investment securities available for sale, at fair value:    
Securities pledged with creditors right to repledge 341,789 130,165
Other Investment Securities Available For Sale 4,305,230 1,993,360
Total investment securities available for sale, at fair value 4,647,019 2,123,525
Investment securities held to maturity, at amortized cost, net of ACL of $8,845 as of December 31, 2020 180,643 138,675
Equity securities 37,588 38,249
Total loans, net 11,441,691 8,886,543
Loans, net of allowance for loan and lease losses of $385,887 (2019 - $110,374) 11,391,402 8,847,066
Loans held for sale, at lower of cost or market 50,289 39,477
Premises and equipment, net 158,209 149,989
Other real estate owned (OREO) 83,060 101,626
Accrued interest receivable on loans and investments 69,505 50,205
Deferred income taxes, net 329,261 264,842
Goodwill 38,632 28,098
Intangibles 40,893 7,573
Other assets 272,737 177,842
Total assets 18,793,071 12,611,266
LIABILITIES    
Total deposits 15,317,383 9,348,429
Non-interest-bearing deposits 4,546,123 2,367,856
Interest-bearing deposits 10,771,260 6,980,573
Securities Sold Under Agreements To Repurchase 300,000 100,000
Advances from the Federal Home Loan Bank (FHLB) 440,000 570,000
Other borrowings 183,762 184,150
Accounts payable and other liabilities 276,747 180,614
Total liabilities 16,517,892 10,383,193
Preferred stock, authorized 50,000,000 shares:    
Non-cummulative Perpetual Monthly Income Preferred Stock: 22,004,000 shares issued; 1,444,146 shares outstanding; aggregate liquidation value of $36,104 36,104 36,104
Common stock, $0.10 par value, authorized, 2,000,000,000 shares; 223,034,348 shares issued (2019 - 222,103,721 shares issued) 22,303 22,210
Less: Treasury stock (at par value) (480) (474)
Common stock outstanding, 218,235,064 shares outstanding (2019 - 217,359,337 shares outstanding) 21,823 21,736
Additional paid-in capital 946,476 941,652
Retained earnings, includes legal surplus reserve of $109,338 million (2019- $97,586 million ) 1,215,321 1,221,817
Accumulated other comprehensive loss, net of tax of $7,590 (2019-$7,752) 55,455 6,764
Total stockholders' equity 2,275,179 2,228,073
Total liabilities and stockholders' equity $ 18,793,071 $ 12,611,266