XML 48 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks, including interest bearing amounts of $51,891 and $44,536, respectively $ 234,796 $ 169,186
Securities:    
Equity securities, at fair value 12,343 11,737
Available-for-sale debt securities, at fair value 2,393,558 2,114,129
Held-to-maturity debt securities (fair values of $874,523 and $1,020,743, respectively) 851,753 1,020,934
Total securities 3,257,654 3,146,800
Loans held for sale 43,013 8,994
Portfolio loans, net of unearned income 10,267,985 7,656,281
Allowance for loan losses (52,429) (48,948)
Net portfolio loans 10,215,556 7,607,333
Premises and equipment, net 261,014 166,925
Accrued interest receivable 43,648 38,853
Goodwill and other intangible assets, net 1,149,153 918,850
Bank-owned life insurance 299,516 225,317
Other assets 215,762 176,374
Total Assets 15,720,112 12,458,632
Deposits:    
Non-interest bearing demand 3,178,270 2,441,041
Interest bearing demand 2,316,855 2,146,508
Money market 1,518,314 1,142,925
Savings deposits 1,934,647 1,645,549
Certificates of deposit 2,055,920 1,455,610
Total deposits 11,004,006 8,831,633
Federal Home Loan Bank borrowings 1,415,615 1,054,174
Other short-term borrowings 282,362 290,522
Subordinated debt and junior subordinated debt 199,869 189,842
Total borrowings 1,897,846 1,534,538
Accrued interest payable 8,077 4,627
Other liabilities 216,262 109,007
Total Liabilities 13,126,191 10,479,805
SHAREHOLDERS’ EQUITY    
Preferred stock, no par value; 1,000,000 shares authorized; none outstanding
Common stock, $2.0833 par value; 100,000,000 shares authorized; 68,078,116 and 54,604,294 shares issued in 2019 and 2018, respectively; 67,824,428 and 54,598,134 shares outstanding in 2019 and 2018, respectively 141,827 113,758
Capital surplus 1,636,966 1,166,701
Retained earnings 824,694 737,581
Treasury stock ( 253,688 and 6,160 shares in 2019 and 2018, respectively, at cost) (9,463) (274)
Accumulated other comprehensive income (loss) 1,201 (37,871)
Deferred benefits for directors (1,304) (1,068)
Total Shareholders’ Equity 2,593,921 1,978,827
Total Liabilities and Shareholders’ Equity $ 15,720,112 $ 12,458,632