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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Assets:    
Cash and due from banks $ 499,396 $ 581,857
Interest-bearing deposits 6,655,784 2,849,950
Federal funds sold and resell agreements 20,500 356,374
Total cash and cash equivalents 7,175,680 3,788,181
Securities held to maturity, net of allowance for credit losses of $160 at September 30, 2020 1,951,384 2,030,005
Securities available-for-sale, at estimated fair value 10,604,480 11,269,591
Trading account securities 25,808 24,298
Loans, net of unearned discounts 18,223,877 14,750,332
Less: Allowance for credit losses on loans (263,475) (132,167)
Net loans 17,960,402 14,618,165
Premises and equipment, net 1,055,064 1,011,947
Goodwill 654,952 654,952
Other intangible assets, net 1,771 2,481
Cash surrender value of life insurance policies 189,148 187,156
Accrued interest receivable and other assets 482,551 440,652
Total assets 40,101,240 34,027,428
Liabilities:    
Non-interest-bearing demand deposits 14,845,770 10,873,629
Interest-bearing deposits 18,653,733 16,765,935
Total deposits 33,499,503 27,639,564
Federal funds purchased and repurchase agreements 1,608,667 1,695,342
Junior subordinated deferrable interest debentures, net of unamortized issuance costs 136,342 136,299
Subordinated notes, net of unamortized issuance costs 98,982 98,865
Accrued interest payable and other liabilities 672,720 545,690
Total liabilities 36,016,214 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 September 30, 2020 and December 31, 2019 642 642
Additional paid-in capital 991,477 983,250
Retained earnings 2,724,681 2,667,534
Accumulated other comprehensive income (loss), net of tax 505,145 267,370
Treasury stock, at cost; 1,454,736 shares at September 30, 2020 and 1,567,302 shares at December 31, 2019 (136,919) (151,614)
Total shareholders’ equity 4,085,026 3,911,668
Total liabilities and shareholders’ equity $ 40,101,240 $ 34,027,428