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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 203,349 $ 246,234
Interest-bearing deposits in banks 1,893,957 351,202
Federal funds sold 20,000 24,413
Cash and cash equivalents 2,117,306 621,849
Time deposits in other banks 249 249
Investment securities available for sale, at fair value, net of allowance for credit losses of $112 and $0 982,879 1,403,403
Other investments 28,202 66,919
Loans held for sale (includes loan at fair value of $1,001,807 and $1,656,711) 1,167,659 1,656,711
Loans, net of unearned income 14,480,925 12,818,476
Allowance for credit losses (199,422) (38,189)
Loans, net 14,281,503 12,780,287
Other real estate owned, net 11,880 19,500
Premises and equipment, net 222,890 233,102
Goodwill 928,005 931,637
Other intangible assets, net 71,974 91,586
Cash value of bank owned life insurance 176,467 175,270
Deferred income taxes, net 33,314 2,180
Other assets 416,310 259,886
Total assets 20,438,638 18,242,579
Deposits    
Noninterest-bearing 6,151,070 4,199,448
Interest-bearing 10,806,753 9,827,625
Total deposits 16,957,823 14,027,073
Securities sold under agreements to repurchase 11,641 20,635
Other borrowings 425,155 1,398,709
Subordinated deferrable interest debentures, net 124,345 127,560
FDIC loss-share payable, net 0 19,642
Other liabilities 272,586 179,378
Total liabilities 17,791,550 15,772,997
Commitments and Contingencies
Shareholders’ Equity    
Preferred stock, stated value $1,000; 5,000,000 shares authorized; 0 shares issued and outstanding 0 0
Common stock, par value $1; 200,000,000 and 100,000,000 shares authorized; 71,753,705 and 71,499,829 shares issued 71,754 71,500
Capital surplus 1,913,285 1,907,108
Retained earnings 671,510 507,950
Accumulated other comprehensive income, net of tax 33,505 17,995
Treasury stock, at cost, 2,212,224 and 1,995,996 shares (42,966) (34,971)
Total shareholders’ equity 2,647,088 2,469,582
Total liabilities and shareholders’ equity $ 20,438,638 $ 18,242,579