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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Assets:    
Cash and cash equivalents $ 1,389,943,000 $ 1,055,588,000
Investment securities available-for-sale (amortized cost of $1,319,395 and $1,198,513 at March 31, 2021 and December 31, 2020, respectively) 1,339,408,000 1,243,693,000
Investment securities held-to-maturity (fair value of $32,631 and $35,942 at March 31, 2021 and December 31, 2020, respectively) 31,943,000 35,223,000
Equity securities at fair value 39,708,000 41,452,000
Stock in Federal Home Loan Bank and Federal Reserve Bank 28,651,000 28,663,000
Loans held for sale 8,434,000 17,421,000
Total loans 7,216,325,000 7,104,309,000
Less: Allowance for loan losses (74,010,000) (81,238,000)
Net loans 7,142,315,000 7,023,071,000
Premises and equipment, net 41,637,000 44,087,000
Goodwill 57,607,000 57,607,000
Intangible assets, net 8,389,000 9,056,000
Fees receivable 2,237,000 2,800,000
Accrued interest receivable 26,029,000 26,191,000
Deferred income taxes, net 11,353,000 6,774,000
Right-of-use assets 93,224,000 97,859,000
Other assets 317,614,000 359,248,000
Total assets 10,538,492,000 10,048,733,000
Liabilities:    
Deposits 9,147,618,000 8,595,366,000
Securities sold under agreements to repurchase 46,262,000 53,472,000
Federal Home Loan Bank borrowings 115,019,000 114,659,000
Junior subordinated debentures 106,363,000 106,363,000
Lease liabilities 107,143,000 112,339,000
Other liabilities 157,664,000 198,526,000
Total liabilities 9,680,069,000 9,180,725,000
Redeemable Noncontrolling Interests 0 0
Shareholders’ Equity:    
Common stock, $1.00 par value; authorized: 170,000,000 shares; issued and outstanding: 82,455,432 shares at March 31, 2021 and 82,334,257 shares at December 31, 2020 82,455,000 82,334,000
Additional paid-in capital 600,089,000 597,558,000
Retained earnings 162,137,000 156,431,000
Accumulated other comprehensive income 13,742,000 31,685,000
Total shareholders’ equity 858,423,000 868,008,000
Total liabilities and shareholders’ equity $ 10,538,492,000 $ 10,048,733,000