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Consolidated Balance Sheet - Unaudited - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 594,631 $ 592,117
Interest-bearing cash with banks 4,258,270 3,425,854
Cash and cash equivalents 4,852,901 4,017,971
Interest-bearing deposits with banks 855,162 809,728
Assets purchased under resale agreements (“resale agreements”) 2,596,142 1,460,000
Securities:    
Available-for-sale (“AFS”) debt securities, at fair value (amortized cost of $9,783,180 in 2021 and $5,470,523 in 2020; includes assets pledged as collateral of $859,901 in 2021 and $588,484 in 2020) 9,713,006 5,544,658
Restricted equity securities, at cost 77,200 83,046
Loans held-for-sale 0 1,788
Loans held-for-investment (net of allowance for loan losses of $560,404 in 2021 and $619,983 in 2020; includes assets pledged as collateral of $24,551,177 in 2021 and $23,263,517 in 2020) 39,921,301 37,770,972
Investments in qualified affordable housing partnerships, net 297,367 213,555
Investments in tax credit and other investments, net 367,428 266,525
Premises and equipment (net of accumulated depreciation of $136,796 in 2021 and $127,884 in 2020) 96,956 103,251
Goodwill 465,697 465,697
Operating lease right-of-use assets 99,785 95,460
Other assets 1,616,165 1,324,262
TOTAL 60,959,110 52,156,913
LIABILITIES    
Noninterest-bearing 23,175,471 16,298,301
Interest-bearing 30,180,719 28,564,451
Total deposits 53,356,190 44,862,752
Short-term borrowings 0 21,009
Federal Home Loan Bank (“FHLB”) advances 248,898 652,612
Assets sold under repurchase agreements (“repurchase agreements”) 300,000 300,000
Long-term debt and finance lease liabilities 151,795 151,739
Operating lease liabilities 107,107 102,830
Accrued expenses and other liabilities 1,104,919 796,796
Total liabilities 55,268,909 46,887,738
COMMITMENTS AND CONTINGENCIES (Note 9)
STOCKHOLDERS’ EQUITY    
Common stock, $0.001 par value, 200,000,000 shares authorized; 167,764,049 and 167,240,600 shares issued in 2021 and 2020, respectively 168 167
Additional paid-in capital 1,883,871 1,858,352
Retained earnings 4,513,321 4,000,414
Treasury stock, at cost 25,880,318 shares in 2021 and 25,675,371 shares in 2020 (649,591) (634,083)
Accumulated other comprehensive (loss) income (“AOCI”), net of tax (57,568) 44,325
Total stockholders’ equity 5,690,201 5,269,175
TOTAL $ 60,959,110 $ 52,156,913