XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 276,120 $ 256,264
Interest bearing deposits with banks 654,591 178,423
Investment securities:    
Equity securities 29,026 41,410
Available for sale debt securities 1,526,564 1,566,801
Held to maturity debt securities (net of allowance for credit losses of $1,481 at September 30, 2020) 2,168,995  
Held to maturity debt securities (net of allowance for credit losses of $1,481 at September 30, 2020) 2,170,476 2,336,095
Total investment securities 3,724,585 3,944,306
Loans held for sale, at fair value 209,250 76,113
Total 32,415,586 29,699,208
Less: Allowance for loan losses (325,032) (161,759)
Net loans 32,090,554 29,537,449
Premises and equipment, net 323,056 334,533
Lease right of use assets 265,599 285,129
Bank owned life insurance 533,768 540,169
Accrued interest receivable 136,058 105,637
Goodwill 1,375,409 1,373,625
Other intangible assets, net 73,873 86,772
Other assets 1,084,629 717,600
Total Assets 40,747,492 37,436,020
Deposits:    
Non-interest bearing 8,756,924 6,710,408
Interest bearing:    
Savings, NOW and money market 14,893,477 12,757,484
Time 7,537,581 9,717,945
Total deposits 31,187,982 29,185,837
Short-term borrowings 1,430,726 1,093,280
Long-term borrowings 2,852,569 2,122,426
Junior subordinated debentures issued to capital trusts 55,978 55,718
Lease liabilities 290,441 309,849
Accrued expenses and other liabilities 396,033 284,722
Total Liabilities 36,213,729 33,051,832
Shareholders’ Equity    
Common stock (no par value, authorized 650,000,000 shares; issued 403,880,132 shares at September 30, 2020 and 403,322,773 shares at December 31, 2019) 141,718 141,423
Surplus 3,633,321 3,622,208
Retained earnings 553,826 443,559
Accumulated other comprehensive loss (4,783) (32,214)
Treasury stock, at cost (1,388 common shares at September 30, 2020 and 44,383 common shares at December 31, 2019) (10) (479)
Total Shareholders’ Equity 4,533,763 4,384,188
Total Liabilities and Shareholders’ Equity 40,747,492 37,436,020
Series A    
Shareholders’ Equity    
Preferred stock, no par value; authorized 50,000,000 shares 111,590 111,590
Series B    
Shareholders’ Equity    
Preferred stock, no par value; authorized 50,000,000 shares $ 98,101 $ 98,101