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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks, including interest bearing amounts of $721,086 and $51,891, respectively $ 905,447 $ 234,796
Securities:    
Equity securities, at fair value 13,047 12,343
Available-for-sale debt securities, at fair value 1,978,136 2,393,558
Held-to-maturity debt securities (fair values of $768,183 and $874,523, respectively) 731,212 851,753
Allowance for credit losses, held-to-maturity debt securities (326)  
Net held-to-maturity debt securities 730,886 851,753
Total securities 2,722,069 3,257,654
Loans held for sale 168,378 43,013
Portfolio loans, net of unearned income 10,789,233 10,267,985
Allowance for credit losses - loans (185,827) (52,429)
Net portfolio loans 10,603,406 10,215,556
Premises and equipment, net 249,421 261,014
Accrued interest receivable 66,790 43,648
Goodwill and other intangible assets, net 1,163,091 1,149,153
Bank-owned life insurance 306,038 299,516
Other assets 240,970 215,762
Total Assets 16,425,610 15,720,112
Deposits:    
Non-interest bearing demand 4,070,835 3,178,270
Interest bearing demand 2,839,536 2,316,855
Money market 1,685,927 1,518,314
Savings deposits 2,214,565 1,934,647
Certificates of deposit 1,618,510 2,055,920
Total deposits 12,429,373 11,004,006
Federal Home Loan Bank borrowings 549,003 1,415,615
Other short-term borrowings 241,950 282,362
Subordinated debt and junior subordinated debt 192,291 199,869
Total borrowings 983,244 1,897,846
Accrued interest payable 4,314 8,077
Other liabilities 251,942 216,262
Total Liabilities 13,668,873 13,126,191
SHAREHOLDERS’ EQUITY    
Preferred stock, no par value; 1,000,000 shares authorized in 2020 and 2019, respectively; 150,000 shares 6.75% non-cumulative perpetual preferred stock, Series A, liquidation preference $150,000,000, issued and outstanding at December 31, 2020 and 0 shares issued and outstanding at December 31, 2019, respectively 144,484  
Common stock, $2.0833 par value; 100,000,000 shares authorized; 68,081,306 and 68,078,116 shares issued in 2020 and 2019, respectively; 67,254,706 and 67,824,428 shares outstanding in 2020 and 2019, respectively 141,834 141,827
Capital surplus 1,634,815 1,636,966
Retained earnings 831,688 824,694
Treasury stock (826,600 and 253,688 shares in 2020 and 2019, respectively, at cost) (25,949) (9,463)
Accumulated other comprehensive income 31,359 1,201
Deferred benefits for directors (1,494) (1,304)
Total Shareholders’ Equity 2,756,737 2,593,921
Total Liabilities and Shareholders’ Equity $ 16,425,610 $ 15,720,112