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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 181,777 $ 132,283
Interest-bearing deposits with other banks 674,583 385,508
Cash and cash equivalents 856,360 517,791
FRB and FHLB stock 118,989 97,422
Loans held for sale 40,645 37,828
AFS, at estimated fair value 2,790,834 2,497,537
HTM, at amortized cost 350,606 369,841
Net Loans 17,077,403 16,837,526
Less: ACL - loans (238,508) (163,622)
Net loans 16,838,895 16,673,904
Premises and equipment 236,908 240,046
Accrued interest receivable 59,365 60,898
Goodwill and intangible assets 535,171 535,303
Other assets 1,102,086 855,470
Total Assets 22,929,859 21,886,040
LIABILITIES    
Noninterest-bearing 4,531,872 4,453,324
Interest-bearing 12,833,154 12,940,589
Total Deposits 17,365,026 17,393,913
Short-term borrowings 1,386,808 883,241
Accrued interest payable 10,890 8,834
Other liabilities 502,921 376,107
Federal Home Loan Bank advances and long-term debt 1,378,466 881,769
Total Liabilities 20,644,111 19,543,864
SHAREHOLDERS’ EQUITY    
Common stock, $2.50 par value, 600 million shares authorized, 222.5 million shares issued in 2020 and 222.4 million issued in 2019 556,243 556,110
Additional paid-in capital 1,502,189 1,499,681
Retained earnings 1,040,646 1,079,391
Accumulated other comprehensive gain (loss) 18,308 (137)
Treasury stock, at cost, 61.1 million shares in 2020 and 58.2 million shares in 2019 (831,638) (792,869)
Total Shareholders’ Equity 2,285,748 2,342,176
Total Liabilities and Shareholders’ Equity $ 22,929,859 $ 21,886,040