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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks (restricted cash of $106,730 and $86,507) $ 410,769 $ 382,598
Interest bearing cash and temporary investments (restricted cash of $3,514 and $590) 1,853,505 980,158
Total cash and cash equivalents 2,264,274 1,362,756
Investment securities    
Equity and other, at fair value 81,958 80,165
Available for sale, at fair value 2,865,690 2,814,682
Held to maturity, at amortized cost 3,143 3,260
Loans held for sale, at fair value 605,399 513,431
Loans and leases 22,671,455 21,195,684
Allowance for credit losses on loans and leases (356,745) (157,629)
Net loans and leases 22,314,710 21,038,055
Restricted equity securities 54,062 46,463
Premises and equipment, net 192,041 201,460
Operating lease right-of-use assets 111,487 110,718
Goodwill 2,715 1,787,651
Other intangible assets, net 15,853 18,346
Residential mortgage servicing rights, at fair value 96,356 115,010
Bank owned life insurance 324,873 320,611
Other assets 712,687 434,201
Total assets 29,645,248 28,846,809
Deposits    
Noninterest bearing 9,172,210 6,913,375
Interest bearing 15,672,168 15,568,129
Total deposits 24,844,378 22,481,504
Securities sold under agreements to repurchase 398,414 311,308
Borrowings 1,096,559 906,635
Junior subordinated debentures, at fair value 232,936 274,812
Junior subordinated debentures, at amortized cost 88,382 88,496
Operating lease liabilities 119,885 119,429
Deferred tax liability, net 21,439 52,928
Other liabilities 304,916 297,782
Total liabilities 27,106,909 24,532,894
COMMITMENTS AND CONTINGENCIES (NOTE 6)
SHAREHOLDERS' EQUITY    
Common stock, no par value, shares authorized: 400,000,000 in 2020 and 2019; issued and outstanding: 220,219,107 in 2020 and 220,229,282 in 2019 3,510,145 3,514,000
(Accumulated deficit) retained earnings (1,115,414) 770,366
Accumulated other comprehensive income 143,608 29,549
Total shareholders' equity 2,538,339 4,313,915
Total liabilities and shareholders' equity $ 29,645,248 $ 28,846,809