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Consolidated Balance Sheet - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 592,117 $ 536,221
Interest-bearing cash with banks 3,425,854 2,724,928
Cash and cash equivalents 4,017,971 3,261,149
Interest-bearing deposits with banks 809,728 196,161
Assets purchased under resale agreements (“resale agreements”) 1,460,000 860,000
Securities:    
Available-for-sale (“AFS”) debt securities, at fair value (amortized cost of $5,470,523 in 2020 and $3,320,648 in 2019; includes assets pledged as collateral of $588,484 in 2020 and $479,432 in 2019) 5,544,658 3,317,214
Restricted equity securities, at cost 83,046 78,580
Loans held-for-sale 1,788 434
Loans held-for-investment (net of allowance for loan losses of $619,983 in 2020 and $358,287 in 2019; includes assets pledged as collateral of $23,263,517 in 2020 and $22,431,092 in 2019) 37,770,972 34,420,252
Investments in qualified affordable housing partnerships, net 213,555 207,037
Investments in tax credit and other investments, net 266,525 254,140
Premises and equipment (net of accumulated depreciation of $127,884 in 2020 and $116,790 in 2019) 103,251 118,364
Goodwill 465,697 465,697
Operating lease right-of-use assets 95,460 99,973
Other assets 1,324,262 917,095
TOTAL 52,156,913 44,196,096
LIABILITIES    
Noninterest-bearing 16,298,301 11,080,036
Interest-bearing 28,564,451 26,244,223
Total deposits 44,862,752 37,324,259
Short-term borrowings 21,009 28,669
Federal Home Loan Bank (“FHLB”) advances 652,612 745,915
Assets sold under repurchase agreements (“repurchase agreements”) 300,000 200,000
Long-term debt and finance lease liabilities 151,739 152,270
Operating lease liabilities 102,830 108,083
Accrued expenses and other liabilities 796,796 619,283
Total liabilities 46,887,738 39,178,479
COMMITMENTS AND CONTINGENCIES (Note 12)
STOCKHOLDERS’ EQUITY    
Common stock, $0.001 par value, 200,000,000 shares authorized; 167,240,600 and 166,621,959 shares issued in 2020 and 2019, respectively 167 167
Additional paid-in capital 1,858,352 1,826,345
Retained earnings 4,000,414 3,689,377
Treasury stock, at cost 25,675,371 shares in 2020 and 20,996,574 shares in 2019 (634,083) (479,864)
Accumulated other comprehensive income (loss) (“AOCI”), net of tax 44,325 (18,408)
Total stockholders’ equity 5,269,175 5,017,617
TOTAL $ 52,156,913 $ 44,196,096