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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
ASSETS    
Cash and cash equivalents $ 1,360,887 $ 1,039,885
Short-term investments 299,916 338,714
Securities purchased under resale agreements (“resale agreements”) 1,600,000 1,225,000
Available-for-sale investment securities, at fair value 3,773,226 2,626,617
Loans held for sale 31,958 45,950
Loans held-for-investment (net of allowance for loan losses of $264,959 in 2015 and $261,679 in 2014) 23,378,789 21,468,270
Investment in Federal Home Loan Bank (“FHLB”) stock, at cost 28,770 31,239
Investment in Federal Reserve Bank stock, at cost 54,932 54,451
Investments in qualified affordable housing partnerships, net [1] 193,978 178,962
Premises and equipment (net of accumulated depreciation of $100,060 in 2015 and $85,409 in 2014) 166,993 180,900
Goodwill 469,433 469,433
Other assets [1] 992,040 1,084,171
TOTAL [1] 32,350,922 28,743,592
Customer deposits:    
Noninterest-bearing 8,656,805 7,381,030
Interest-bearing 18,819,176 16,627,744
Total deposits 27,475,981 24,008,774
FHLB advances 1,019,424 317,241
Securities sold under repurchase agreements (“repurchase agreements”) 0 795,000
Long-term debt 206,084 225,848
Accrued expenses and other liabilities 526,483 540,618
Total liabilities $ 29,227,972 $ 25,887,481
COMMITMENTS AND CONTINGENCIES (Note 14)
STOCKHOLDERS’ EQUITY    
Common stock, $0.001 par value, 200,000,000 shares authorized; 164,246,517 and 163,772,218 shares issued in 2015 and 2014, respectively. $ 164 $ 164
Additional paid in capital 1,701,295 1,677,767
Retained earnings [1] 1,872,594 1,604,141
Treasury stock at cost—20,337,284 shares in 2015 and 20,189,989 shares in 2014. (436,162) (430,198)
Accumulated other comprehensive (loss) income (“AOCI”), net of tax (14,941) 4,237
Total stockholders' equity [1] 3,122,950 2,856,111
TOTAL [1] $ 32,350,922 $ 28,743,592
[1] Prior period was restated to reflect the retrospective application of adopting the new accounting guidance related to the Company’s investments in qualified affordable housing projects Accounting Standards Update (“ASU”) 2014-01. Please see Note 9 — Investments in Qualified Affordable Housing Partnerships, Tax Credit and Other Investments, Net to the Consolidated Financial Statements for additional information.