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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets:    
Cash and due from banks $ 558,422 $ 581,857
Interest-bearing deposits 5,992,246 2,849,950
Federal funds sold and resell agreements 48,900 356,374
Total cash and cash equivalents 6,599,568 3,788,181
Securities held to maturity, net of allowance for credit losses of $172 at June 30, 2020 1,968,954 2,030,005
Securities, held-to-maturity, allowance for credit loss (172) 0
Securities available-for-sale, at estimated fair value 10,606,696 11,269,591
Trading account securities 24,495 24,298
Loans, net of unearned discounts 17,971,937 14,750,332
Less: Allowance for credit losses on loans (250,061) (132,167)
Net loans 17,721,876 14,618,165
Premises and equipment, net 1,044,261 1,011,947
Goodwill 654,952 654,952
Other intangible assets, net 1,983 2,481
Cash surrender value of life insurance policies 189,091 187,156
Accrued interest receivable and other assets 565,677 440,652
Total assets 39,377,553 34,027,428
Liabilities:    
Non-interest-bearing demand deposits 14,671,989 10,873,629
Interest-bearing deposits 18,007,107 16,765,935
Total deposits 32,679,096 27,639,564
Federal funds purchased and repurchase agreements 1,589,384 1,695,342
Junior subordinated deferrable interest debentures, net of unamortized issuance costs 136,328 136,299
Subordinated notes, net of unamortized issuance costs 98,943 98,865
Accrued interest payable and other liabilities 865,001 545,690
Total liabilities 35,368,752 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
Preferred stock, par value   $ 0.01
Preferred stock, shares authorized   10,000,000
Preferred stock, shares issued   6,000,000
Common stock, par value $0.01 per share; 210,000,000 shares authorized; 64,236,306 shares issued at June 30, 2020 and December 31, 2019 $ 642 $ 642
Common stock, par value $ 0.01 $ 0.01
Common stock, shares authorized 210,000,000 210,000,000
Common stock, shares issued 64,236,306 64,236,306
Additional paid-in capital $ 989,034 $ 983,250
Retained earnings 2,678,686 2,667,534
Accumulated other comprehensive income (loss), net of tax 488,264 267,370
Treasury stock, at cost; 1,566,661 shares at June 30, 2020 and 1,567,302 shares at December 31, 2019 $ (147,825) $ (151,614)
Treasury stock, shares 1,566,661 1,567,302
Total shareholders’ equity $ 4,008,801 $ 3,911,668
Total liabilities and shareholders’ equity $ 39,377,553 $ 34,027,428