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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks (restricted cash of $91,673 and $92,955) $ 397,526 $ 370,219
Interest bearing cash and temporary investments (restricted cash of $357 and $2,574) 2,688,285 2,202,962
Total cash and cash equivalents 3,085,811 2,573,181
Investment securities    
Equity and other, at fair value 82,099 83,077
Available for sale, at fair value 3,473,950 2,932,558
Held to maturity, at amortized cost 2,876 3,034
Loans held for sale (at fair value: $429,052 and $688,079) 429,052 766,225
Loans and leases (at fair value: $359,273 and $0) 22,143,739 21,779,367
Allowance for credit losses on loans and leases (279,887) (328,401)
Net loans and leases 21,863,852 21,450,966
Restricted equity securities 15,247 41,666
Premises and equipment, net 172,546 178,050
Operating lease right-of-use assets 95,030 104,937
Goodwill 0 2,715
Other intangible assets, net 11,100 13,360
Residential mortgage servicing rights, at fair value 102,699 92,907
Bank owned life insurance 324,998 323,470
Other assets 625,705 669,029
Total assets 30,284,965 29,235,175
Deposits    
Non-interest bearing 10,718,921 9,632,773
Interest bearing 15,434,632 14,989,428
Total deposits 26,153,553 24,622,201
Securities sold under agreements to repurchase 480,302 375,384
Borrowings 111,405 771,482
Junior subordinated debentures, at fair value 287,723 255,217
Junior subordinated debentures, at amortized cost 88,155 88,268
Operating lease liabilities 106,195 113,593
Deferred tax liability, net 2,497 5,441
Other liabilities 288,819 299,012
Total liabilities 27,518,649 26,530,598
COMMITMENTS AND CONTINGENCIES (NOTE 6)
SHAREHOLDERS' EQUITY    
Common stock, no par value, shares authorized: 400,000,000 in 2021 and 2020; issued and outstanding: 220,626,452 in 2021 and 220,226,335 in 2020 3,517,641 3,514,599
Accumulated deficit (801,954) (932,767)
Accumulated other comprehensive income 50,629 122,745
Total shareholders' equity 2,766,316 2,704,577
Total liabilities and shareholders' equity $ 30,284,965 $ 29,235,175