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Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 990,007 $ 546,391
Money market investments:    
Time deposits with other financial institutions 300 300
Other short term investments 97,408 97,408
Total money market investments 97,708 97,708
Investment securities available for sale, at fair value:    
Securities pledged with creditors right to reledge 323,772 130,165
Other Investment Securities Available For Sale 1,608,406 1,993,360
Total investment securities available for sale 1,932,178 2,123,525
Held to maturity securities, at amortized cost, net of allowance for credit losses 129,266 138,675
Equity securities 39,630 38,249
Total loans, net 8,758,219 8,886,543
Loans, net of allowance for credit losses of $292,7774 (2019 - $155,139) 8,746,173 8,847,066
Loans held for sale, at lower of cost or market 12,046 39,477
Premises and equipment, net 149,863 149,989
Other real estate owned 99,674 101,626
Accrued interest receivable on loans and investments 49,425 50,205
Deferred tax asset, net 307,829 264,842
Other assets 494,178 213,513
Total assets 13,047,977 12,611,266
LIABILITIES    
Total deposits 9,562,313 9,348,429
Non-interest-bearing deposits 2,404,932 2,367,856
Interest-bearing deposits 7,157,381 6,980,573
Securities sold under agreements to repurchase 300,000 100,000
Advances from the Federal Home Loan Bank (FHLB) 565,000 570,000
Other borrowings 184,150 184,150
Accounts payable and other liabilities 176,763 180,614
Total liabilities 10,848,226 10,383,193
Preferred stock, authorized 50,000,000 shares:    
Non-cumulative Perpetual Monthly Income Preferred Stock: 22,004,000 shares issued, 1,444,146 shares outstanding, aggregate liquidation value of $36,104 36,104 36,104
Common stock outstanding, 218,160,725 shares outstanding (2019 - 217,359,337 shares outstanding) 21,816 21,736
Common stock, $0.10 par value, authorized, 2,000,000,000 shares; 222,955,394 shares issued(2019 - 222,103,721 shares issued) 22,296 22,210
Less: Treasury stock (at par value) (480) (474)
Additional paid-in capital 942,516 941,652
Retained earnings, includes legal surplus reserve of $97,586 as of each March 31, 2020 and December 31, 2019 1,150,199 1,221,817
Accumulated other comprehensive loss , net of tax of $7,752 as of each March 31, 2020 and December 31, 2019 49,116 6,764
Total stockholders' equity 2,199,751 2,228,073
Total liabilities and stockholders' equity 13,047,977 12,611,266
Federal Reserve Bank Advances [Member]    
LIABILITIES    
Loans payable $ 60,000 $ 0