XML 28 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Assets    
Cash and due from banks $ 220,791 $ 243,575
Interest bearing deposits with banks 171,710 170,225
Investment securities:    
Held to maturity (fair value of $1,924,597 at December 31, 2016 and $1,621,039 at December 31, 2015) 1,925,572 1,596,385
Available for sale 1,297,373 1,506,861
Total investment securities 3,222,945 3,103,246
Loans held for sale, at fair value 57,708 16,382
Loans 17,236,103 16,043,107
Less: Allowance for loan losses (114,419) (106,178)
Net loans 17,121,684 15,936,929
Premises and equipment, net 291,180 298,943
Bank owned life insurance 391,830 387,542
Accrued interest receivable 66,816 63,554
Goodwill 690,637 686,339
Other intangible assets, net 45,484 48,882
Other assets 583,654 656,999
Total Assets 22,864,439 21,612,616
Liabilities    
Non-interest bearing 5,252,825 4,914,285
Interest bearing:    
Savings, NOW and money market 9,339,012 8,181,362
Time 3,138,871 3,157,904
Total deposits 17,730,708 16,253,551
Short-term borrowings 1,080,960 1,076,991
Long-term borrowings 1,433,906 1,810,728
Junior subordinated debentures issued to capital trusts 41,577 41,414
Accrued expenses and other liabilities 200,132 222,841
Total Liabilities 20,487,283 19,405,525
Shareholders’ Equity    
Preferred stock (no par value, authorized 30,000,000 shares; issued 4,600,000 shares at December 31, 2016 and 2015) 111,590 111,590
Common stock (no par value, authorized 332,023,233 shares; issued 263,804,877 shares at December 31, 2016 and 253,787,561 shares at December 31, 2015) 92,353 88,626
Surplus 2,044,401 1,927,399
Retained earnings 172,754 125,171
Accumulated other comprehensive loss (42,093) (45,695)
Treasury stock, at cost (166,047 common shares at December 31, 2016) (1,849) 0
Total Shareholders’ Equity 2,377,156 2,207,091
Total Liabilities and Shareholders’ Equity $ 22,864,439 $ 21,612,616