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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
ASSETS    
Cash and due from banks $ 468,426 $ 397,848
Interest-bearing funds with Federal Reserve Bank 641,476 460,928
Interest earning deposits with banks 19,841 26,311
Federal funds sold and securities purchased under resale agreements 13,821 47,846
Total cash, cash equivalents, restricted cash, and restricted cash equivalents [1],[2] 1,143,564 932,933
Mortgage loans held for sale, at fair value 37,129 48,024
Investment securities available for sale, at fair value 3,991,632 3,987,069
Loans, net of deferred fees and costs 25,946,573 24,787,464
Allowance for loan losses (250,555) (249,268)
Loans, net 25,696,018 24,538,196
Cash surrender value of bank-owned life insurance 554,134 540,958
Premises and equipment, net 434,307 426,813
Goodwill 57,315 57,315
Other intangible assets 9,875 11,254
Deferred tax asset, net 141,134 165,788
Other assets 604,084 513,487
Total assets 32,669,192 31,221,837
Liabilities    
Non-interest-bearing deposits 7,650,967 7,686,339
Interest-bearing deposits 19,069,355 18,461,561
Total deposits 26,720,322 26,147,900
Federal funds purchased and securities sold under repurchase agreements 237,692 161,190
Other short-term borrowings 650,000 100,000
Long-term debt 1,657,157 1,606,138
Other liabilities 270,419 245,043
Total liabilities 29,535,590 28,260,271
Shareholders' Equity    
Common stock - $1.00 par value; authorized 342,857,143 shares; 143,300,449 issued at December 31, 2018 and 142,677,449 issued at December 31, 2017; 115,865,510 outstanding at December 31, 2018 and 118,897,295 outstanding at December 31, 2017 143,300 142,678
Additional paid-in capital 3,060,561 3,043,129
Treasury stock, at cost – 27,434,939 shares at December 31, 2018 and 23,780,154 shares at December 31, 2017 (1,014,746) (839,674)
Accumulated other comprehensive loss, net (94,420) (54,754)
Retained earnings 843,767 544,207
Total shareholders’ equity 3,133,602 2,961,566
Total liabilities and shareholders' equity 32,669,192 31,221,837
Series C Preferred Stock    
Shareholders' Equity    
Preferred Stock 0 125,980
Series D Preferred Stock    
Shareholders' Equity    
Preferred Stock $ 195,140 $ 0
[1] See "Note 1 - Summary of Significant Accounting Policies" of this Report for information on Synovus' change in presentation of cash and cash equivalents.
[2] See "Note 1 - Summary of Significant Accounting Policies" of this Report for information on Synovus' change in presentation of cash and cash equivalents.See accompanying notes to the audited consolidated financial statements.