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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Assets:    
Cash and due from banks $ 572,129 $ 581,857
Interest-bearing deposits 3,246,731 2,849,950
Federal funds sold and resell agreements 376,725 356,374
Total cash and cash equivalents 4,195,585 3,788,181
Securities held to maturity, net of allowance for credit losses of $200 at March 31, 2020 1,984,149 2,030,005
Securities available for sale, at estimated fair value 10,467,977 11,269,591
Trading account securities 25,921 24,298
Loans, net of unearned discounts 15,338,260 14,750,332
Less: Allowance for credit losses on loans (263,881) (132,167)
Net loans 15,074,379 14,618,165
Premises and equipment, net 1,035,881 1,011,947
Goodwill 654,952 654,952
Other intangible assets, net 2,224 2,481
Cash surrender value of life insurance policies 188,078 187,156
Accrued interest receivable and other assets 518,159 440,652
Total assets 34,147,305 34,027,428
Liabilities:    
Non-interest-bearing demand deposits 11,202,208 10,873,629
Interest-bearing deposits 16,938,659 16,765,935
Total deposits 28,140,867 27,639,564
Federal funds purchased and repurchase agreements 1,170,978 1,695,342
Junior subordinated deferrable interest debentures, net of unamortized issuance costs 136,314 136,299
Subordinated notes, net of unamortized issuance costs 98,904 98,865
Accrued interest payable and other liabilities 773,576 545,690
Total liabilities 30,320,639 30,115,760
Shareholders’ Equity:    
Preferred stock, par value $0.01 per share; 10,000,000 shares authorized; 6,000,000 Series A shares ($25 liquidation preference) issued at December 31, 2019 0 144,486
Common stock, par value $0.01 per share; 210,000,000 shares authorized; 64,236,306 shares issued at March 31, 2020 and December 31, 2019 642 642
Additional paid-in capital 985,762 983,250
Retained earnings 2,635,588 2,667,534
Accumulated other comprehensive income (loss), net of tax 363,815 267,370
Treasury stock, at cost; 1,682,912 shares at March 31, 2020 and 1,567,302 shares at December 31, 2019 (159,141) (151,614)
Total shareholders’ equity 3,826,666 3,911,668
Total liabilities and shareholders’ equity $ 34,147,305 $ 34,027,428