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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks, including interest bearing amounts of $637,312 and $721,086, respectively $ 846,304 $ 905,447
Securities:    
Equity securities, at fair value 13,494 13,047
Available-for-sale debt securities, at fair value 2,964,264 1,978,136
Held-to-maturity debt securities (fair values of $934,487 and $768,183, respectively) 902,172 731,212
Allowance for credit losses, held-to-maturity debt securities (227) (326)
Net held-to-maturity debt securities 901,945 730,886
Total securities 3,879,703 2,722,069
Loans held for sale 41,461 168,378
Portfolio loans, net of unearned income 10,357,192 10,789,233
Allowance for credit losses - loans (140,730) (185,827)
Net portfolio loans 10,216,462 10,603,406
Premises and equipment, net 235,227 249,421
Accrued interest receivable 64,020 66,790
Goodwill and other intangible assets, net 1,157,322 1,163,091
Bank-owned life insurance 309,454 306,038
Other assets 216,914 240,970
Total Assets 16,966,867 16,425,610
Deposits:    
Non-interest bearing demand 4,409,221 4,070,835
Interest bearing demand 3,214,484 2,839,536
Money market 1,771,686 1,685,927
Savings deposits 2,438,328 2,214,565
Certificates of deposit 1,484,536 1,618,510
Total deposits 13,318,255 12,429,373
Federal Home Loan Bank borrowings 313,960 549,003
Other short-term borrowings 135,267 241,950
Subordinated debt and junior subordinated debt 192,571 192,291
Total borrowings 641,798 983,244
Accrued interest payable 3,342 4,314
Other liabilities 222,636 251,942
Total Liabilities 14,186,031 13,668,873
SHAREHOLDERS' EQUITY    
Preferred stock, no par value, 1,000,000 shares authorized; 150,000 shares 6.75% non-cumulative perpetual preferred stock, Series A, liquidation preference $150,000,000, issued and outstanding at June 30, 2021 and December 31, 2020, respectively 144,484 144,484
Common stock, $2.0833 par value; 100,000,000 shares authorized; 68,081,306 shares issued; 65,970,149 and 67,254,706 shares outstanding at June 30, 2021 and December 31, 2020, respectively 141,834 141,834
Capital surplus 1,632,460 1,634,815
Retained earnings 925,977 831,688
Treasury stock (2,111,157 and 826,600 shares - at cost, respectively) (74,996) (25,949)
Accumulated other comprehensive income 12,586 31,359
Deferred benefits for directors (1,509) (1,494)
Total Shareholders' Equity 2,780,836 2,756,737
Total Liabilities and Shareholders' Equity $ 16,966,867 $ 16,425,610