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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 257,845 $ 256,264
Interest bearing deposits with banks 1,071,360 178,423
Investment securities:    
Equity securities 29,378 41,410
Available for sale debt securities 1,339,473 1,566,801
Held to maturity debt securities (net of allowance for credit losses of $1,428 at December 31, 2020) 2,171,583 2,336,095
Total investment securities 3,540,434 3,944,306
Loans held for sale, at fair value 301,427 76,113
Loans 32,217,112 29,699,208
Less: Allowance for loan losses (340,243) (161,759)
Net loans 31,876,869 29,537,449
Premises and equipment, net 319,797 334,533
Lease right of use assets 252,053 285,129
Bank owned life insurance 535,209 540,169
Accrued interest receivable 106,230 105,637
Goodwill 1,382,442 1,373,625
Other intangible assets, net 70,449 86,772
Other assets 971,961 717,600
Total Assets 40,686,076 37,436,020
Deposits:    
Non-interest bearing 9,205,266 6,710,408
Interest bearing:    
Savings, NOW and money market 16,015,658 12,757,484
Time 6,714,678 9,717,945
Total deposits 31,935,602 29,185,837
Short-term borrowings 1,147,958 1,093,280
Long-term borrowings 2,295,665 2,122,426
Junior subordinated debentures issued to capital trusts 56,065 55,718
Lease liabilities 276,675 309,849
Accrued expenses and other liabilities 381,991 284,722
Total Liabilities 36,093,956 33,051,832
Common stock (no par value, authorized 650,000,000 shares; issued 403,881,488 shares at December 31, 2020 and 403,322,773 shares at December 31, 2019) 141,746 141,423
Surplus 3,637,468 3,622,208
Retained earnings 611,158 443,559
Accumulated other comprehensive loss (7,718) (32,214)
Treasury stock, at cost (22,490 common shares at December 31, 2020 and 44,383 common shares at December 31, 2019) (225) (479)
Total Shareholders’ Equity 4,592,120 4,384,188
Total Liabilities and Shareholders’ Equity 40,686,076 37,436,020
Series A Preferred Stock    
Preferred stock, no par value; authorized 50,000,000 shares: 111,590 111,590
Series B Preferred Stock    
Preferred stock, no par value; authorized 50,000,000 shares: $ 98,101 $ 98,101