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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 256,264 $ 251,541
Interest bearing deposits with banks 178,423 177,088
Investment securities:    
Equity securities 41,410 0
Available for sale securities 1,566,801 1,749,544
Held to maturity debt securities (fair value of $2,358,720 at December 31, 2019 and $2,034,943 at December 31, 2018) 2,336,095 2,068,246
Total investment securities 3,944,306 3,817,790
Loans held for sale, at fair value 76,113 35,155
Loans 29,699,208 25,035,469
Less: Allowance for loan losses (161,759) (151,859)
Net loans 29,537,449 24,883,610
Premises and equipment, net 334,533 341,630
Lease right of use assets 285,129  
Bank owned life insurance 540,169 439,602
Accrued interest receivable 105,637 95,296
Goodwill 1,373,625 1,084,665
Other intangible assets, net 86,772 76,990
Other assets 717,600 659,721
Total Assets 37,436,020 31,863,088
Deposits:    
Non-interest bearing 6,710,408 6,175,495
Interest bearing:    
Savings, NOW and money market 12,757,484 11,213,495
Time 9,717,945 7,063,984
Total deposits 29,185,837 24,452,974
Short-term borrowings 1,093,280 2,118,914
Long-term borrowings 2,122,426 1,654,268
Junior subordinated debentures issued to capital trusts 55,718 55,370
Lease liabilities 309,849 3,125
Accrued expenses and other liabilities 284,722 227,983
Total Liabilities 33,051,832 28,512,634
Common stock (no par value, authorized 450,000,000 shares; issued 403,322,773 shares at December 31, 2019 and 331,634,951 shares at December 31, 2018) 141,423 116,240
Surplus 3,622,208 2,796,499
Retained earnings 443,559 299,642
Accumulated other comprehensive loss (32,214) (69,431)
Treasury stock, at cost (44,383 common shares at December 31, 2019 and 203,734 common shares at December 31, 2018) (479) (2,187)
Total Shareholders’ Equity 4,384,188 3,350,454
Total Liabilities and Shareholders’ Equity 37,436,020 31,863,088
Series A Preferred Stock    
Preferred stock, no par value; 50,000,000 shares authorized 111,590 111,590
Series B Preferred Stock    
Preferred stock, no par value; 50,000,000 shares authorized $ 98,101 $ 98,101