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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 481,414 $ 205,156
Interest bearing deposits with banks 906,898 1,844,764
Investment securities:    
Equity securities 41,716 36,473
Trading debt securities 0 38,130
Available for sale debt securities 1,382,551 1,128,809
Held to maturity debt securities (net of allowance for credit losses of $1,508 at June 30, 2022 and $1,165 at December 31, 2021) 3,718,469 2,667,532
Total investment securities 5,142,736 3,870,944
Loans held for sale, at fair value 18,348 139,516
Loans 43,560,777 34,153,657
Less: Allowance for loan losses (468,819) (359,202)
Net loans 43,091,958 33,794,455
Premises and equipment, net 360,819 326,306
Lease right of use assets 315,820 259,117
Bank owned life insurance 714,762 566,770
Accrued interest receivable 134,682 96,882
Goodwill 1,871,505 1,459,008
Other intangible assets, net 218,642 70,386
Other assets 1,181,223 813,139
Total Assets 54,438,807 43,446,443
Deposits:    
Non-interest bearing 16,139,559 11,675,748
Interest bearing:    
Savings, NOW and money market 23,547,951 20,269,620
Time 4,193,541 3,687,044
Total deposits 43,881,051 35,632,412
Short-term borrowings 1,522,804 655,726
Long-term borrowings 1,403,805 1,423,676
Junior subordinated debentures issued to capital trusts 56,587 56,413
Lease liabilities 368,920 283,106
Accrued expenses and other liabilities 1,000,727 311,044
Total Liabilities 48,233,894 38,362,377
Shareholders’ Equity    
Common stock (no par value, authorized 650,000,000 shares; issued 507,896,910 and 423,034,027 shares at June 30, 2022 and December 31, 2021) 178,185 148,482
Surplus 4,965,488 3,883,035
Retained earnings 982,146 883,645
Accumulated other comprehensive loss (108,337) (17,932)
Treasury stock, at cost (1,568,384 common shares at June 30, 2022 and 1,596,959 common shares at December 31, 2021) (22,260) (22,855)
Total Shareholders’ Equity 6,204,913 5,084,066
Total Liabilities and Shareholders’ Equity 54,438,807 43,446,443
Series A    
Shareholders’ Equity    
Preferred stock, no par value; 50,000,000 authorized shares: 111,590 111,590
Series B    
Shareholders’ Equity    
Preferred stock, no par value; 50,000,000 authorized shares: $ 98,101 $ 98,101