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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Assets:    
Cash and due from banks $ 529,454 $ 581,857
Interest-bearing deposits 9,758,624 2,849,950
Federal funds sold and resell agreements 775 356,374
Total cash and cash equivalents 10,288,853 3,788,181
Securities held to maturity, net of allowance for credit losses of $160 in 2020 1,945,673 2,030,005
Securities available for sale, at estimated fair value 10,437,565 11,269,591
Trading account securities 24,456 24,298
Loans, net of unearned discounts 17,481,309 14,750,332
Less: Allowance for credit losses on loans (263,177) (132,167)
Net loans 17,218,132 14,618,165
Premises and equipment, net 1,045,578 1,011,947
Goodwill 654,952 654,952
Other intangible assets, net 1,563 2,481
Cash surrender value of life insurance policies 189,984 187,156
Accrued interest receivable and other assets 584,561 440,652
Total assets 42,391,317 34,027,428
Liabilities:    
Non-interest-bearing demand deposits 15,117,051 10,873,629
Interest-bearing deposits 19,898,710 16,765,935
Total deposits 35,015,761 27,639,564
Federal funds purchased and repurchase agreements 2,116,997 1,695,342
Junior subordinated deferrable interest debentures, net of unamortized issuance costs 136,357 136,299
Subordinated notes, net of unamortized issuance costs 99,021 98,865
Accrued interest payable and other liabilities 730,165 545,690
Total liabilities 38,098,301 30,115,760
Shareholders’ Equity:    
Preferred stock, par value $0.01 per share; 10,000,000 shares authorized; 150,000 Series B shares ($1,000 liquidation preference) issued in 2020 and 6,000,000 Series A shares ($25 liquidation preference) issued in 2019 145,452 144,486
Common stock, par value $0.01 per share; 210,000,000 shares authorized; 64,236,306 shares issued in both 2020 and 2019 642 642
Additional paid-in capital 997,168 983,250
Retained earnings 2,750,723 2,667,534
Accumulated other comprehensive income, net of tax 512,970 267,370
Treasury stock, at cost; 1,225,066 shares in 2020 and 1,567,302 in 2019. (113,939) (151,614)
Total shareholders’ equity 4,293,016 3,911,668
Total liabilities and shareholders’ equity $ 42,391,317 $ 34,027,428