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CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 652,451 $ 535,846
Interest-bearing funds with Federal Reserve Bank 1,020,775 553,390
Interest earning deposits with banks 20,717 20,635
Federal funds sold and securities purchased under resale agreements 129,891 77,047
Total cash, cash equivalents, restricted cash, and restricted cash equivalents 1,823,834 1,186,918
Investment securities available for sale, at fair value 6,937,240 6,778,670
Mortgage loans held for sale, at fair value 119,841 115,173
Loans, net of deferred fees and costs 38,258,024 37,162,450
Allowance for loan losses (493,452) (281,402)
Loans, net 37,764,572 36,881,048
Cash surrender value of bank-owned life insurance 1,031,544 775,665
Premises and equipment 482,462 493,940
Goodwill 497,267 497,267
Other intangible assets 53,032 55,671
Other assets 1,909,793 1,418,930
Total assets 50,619,585 48,203,282
Deposits:    
Non-interest-bearing deposits 9,659,451 9,439,485
Interest-bearing deposits 30,167,134 28,966,019
Total deposits 39,826,585 38,405,504
Federal funds purchased and securities sold under repurchase agreements 312,776 165,690
Other short-term borrowings 1,175,000 1,753,560
Long-term debt 3,152,339 2,153,897
Other liabilities 1,087,680 782,941
Total liabilities 45,554,380 43,261,592
Shareholders' Equity    
Preferred stock - no par value; authorized 100,000,000 shares; issued 22,000,000 537,145 537,145
Common stock - $1.00 par value; authorized 342,857,143 shares; issued 167,359,689 and 166,800,623; outstanding 147,266,662 and 147,157,596 167,360 166,801
Additional paid-in capital 3,821,357 3,819,336
Treasury stock, at cost; 20,093,027 and 19,643,027 shares (731,806) (715,560)
Accumulated other comprehensive income, net 256,911 65,641
Retained earnings 1,014,238 1,068,327
Total shareholders’ equity 5,065,205 4,941,690
Total liabilities and shareholders' equity $ 50,619,585 $ 48,203,282