XML 15 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
ASSETS    
Cash and due from banks $ 348,027 $ 397,848
Interest bearing funds with Federal Reserve Bank 636,947 460,928
Interest earning deposits with banks 16,851 26,311
Federal funds sold and securities purchased under resale agreements 57,192 47,846
Total cash, cash equivalents, restricted cash, and restricted cash equivalents [1],[2] 1,059,017 932,933
Mortgage loans held for sale, at fair value 50,439 48,024
Investment securities available for sale, at fair value 3,990,978 3,987,069
Loans, net of deferred fees and costs 24,883,037 24,787,464
Allowance for loan losses (257,764) (249,268)
Loans, net 24,625,273 24,538,196
Cash surrender value of bank-owned life insurance 543,684 540,958
Premises and equipment, net 424,342 426,813
Goodwill 57,315 57,315
Other intangible assets 10,750 11,254
Deferred tax asset, net 179,343 165,788
Other assets 559,887 513,487
Total assets 31,501,028 31,221,837
Deposits:    
Non-interest bearing deposits 7,381,070 7,686,339
Interest bearing deposits, excluding brokered deposits 16,865,859 16,500,436
Brokered deposits 2,006,578 1,961,125
Total deposits 26,253,507 26,147,900
Federal funds purchased and securities sold under repurchase agreements 185,531 161,190
Long-term debt 1,856,392 1,706,138
Other liabilities 249,103 245,043
Total liabilities 28,544,533 28,260,271
Shareholders' Equity    
Series C Preferred Stock – no par value. Authorized 100,000,000 shares; 5,200,000 shares issued and outstanding at March 31, 2018 and December 31, 2017 125,980 125,980
Common stock - $1.00 par value. Authorized 342,857,143 shares; 143,017,301 issued at March 31, 2018 and 142,677,449 issued at December 31, 2017; 118,702,497 outstanding at March 31, 2018 and 118,897,295 outstanding at December 31, 2017 143,017 142,678
Additional paid-in capital 3,039,757 3,043,129
Treasury stock, at cost – 24,314,804 shares at March 31, 2018 and 23,780,154 shares at December 31, 2017 (866,407) (839,674)
Accumulated other comprehensive loss (107,777) (54,754)
Retained earnings 621,925 544,207
Total shareholders’ equity 2,956,495 2,961,566
Total liabilities and shareholders' equity $ 31,501,028 $ 31,221,837
[1] See "Note 1 - Significant Accounting Policies" of this Report for information on Synovus' change in presentation of cash and cash equivalents.
[2] See "Note 1 - Significant Accounting Policies" of this Report for information on Synovus' change in presentation of cash and cash equivalents.