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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 444,325 $ 205,156
Interest bearing deposits with banks 503,622 1,844,764
Investment securities:    
Equity securities 48,731 36,473
Trading debt securities 13,438 38,130
Available for sale debt securities 1,261,397 1,128,809
Held to maturity debt securities (net of allowance for credit losses of $1,646 at December 31, 2022 and $1,165 at December 31, 2021) 3,827,338 2,667,532
Total investment securities 5,150,904 3,870,944
Loans held for sale, at fair value 18,118 139,516
Loans 46,917,200 34,153,657
Less: Allowance for loan losses (458,655) (359,202)
Net loans 46,458,545 33,794,455
Premises and equipment, net 358,556 326,306
Lease right of use assets 306,352 259,117
Bank owned life insurance 717,177 566,770
Accrued interest receivable 196,606 96,882
Goodwill 1,868,936 1,459,008
Other intangible assets, net 197,456 70,386
Other assets 1,242,152 813,139
Total Assets 57,462,749 43,446,443
Deposits:    
Non-interest bearing 14,463,645 11,675,748
Interest bearing:    
Savings, NOW and money market 23,616,812 20,269,620
Time 9,556,457 3,687,044
Total deposits 47,636,914 35,632,412
Short-term borrowings 138,729 655,726
Long-term borrowings 1,543,058 1,423,676
Junior subordinated debentures issued to capital trusts 56,760 56,413
Lease liabilities 358,884 283,106
Accrued expenses and other liabilities 1,327,602 311,044
Total Liabilities 51,061,947 38,362,377
Shareholders’ Equity    
Common stock (no par value, authorized 650,000,000 shares; issued 507,896,910 shares at December 31, 2022 and 423,034,027 shares at December 31, 2021) 178,185 148,482
Surplus 4,980,231 3,883,035
Retained earnings 1,218,445 883,645
Accumulated other comprehensive loss (164,002) (17,932)
Treasury stock, at cost (1,522,432 common shares at December 31, 2022 and 1,596,959 common shares at December 31, 2021) (21,748) (22,855)
Total Shareholders’ Equity 6,400,802 5,084,066
Total Liabilities and Shareholders’ Equity 57,462,749 43,446,443
Series A Preferred Stock    
Shareholders’ Equity    
Preferred stock, no par value; authorized 50,000,000 shares: 111,590 111,590
Series B Preferred Stock    
Shareholders’ Equity    
Preferred stock, no par value; authorized 50,000,000 shares: $ 98,101 $ 98,101