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Consolidated Statements of Condition - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 286,519 $ 316,797
Investment securities:    
Held to maturity debt securities (Market value of $2,400 on September 30, 2019 and 1,200 on December 31, 2018) 2,400 1,200
Available for sale debt securities (Amortized cost of $3,187,248 on September 30, 2019 and $3,481,165 on December 31, 2018) 3,192,872 3,411,350
Equity securities with readily determinable fair values 6,172 5,937
Total investment securities 3,201,444 3,418,487
Loans 6,895,142 6,561,289
Less allowance for probable loan losses (59,860) (61,384)
Net loans 6,835,282 6,499,905
Bank premises and equipment, net 507,945 506,899
Accrued interest receivable 35,359 36,803
Other investments 307,010 337,507
Cash surrender value of life insurance policies 287,871 282,646
Goodwill 282,532 282,532
Other assets 222,073 190,376
Total assets 11,966,035 11,871,952
Deposits:    
Demand - non-interest bearing 3,575,930 3,454,840
Savings and interest bearing demand 3,254,762 3,268,237
Time 1,981,369 1,973,468
Total deposits 8,812,061 8,696,545
Securities sold under repurchase agreements 289,334 229,989
Other borrowed funds 456,556 705,665
Junior subordinated deferrable interest debentures 134,642 160,416
Other liabilities 205,518 139,755
Total liabilities 9,898,111 9,932,370
Shareholders' equity:    
Common shares of $1.00 par value. Authorized 275,000,000 shares; issued 96,191,692 shares on September 30, 2019 and 96,104,029 shares on December 31, 2018 96,192 96,104
Surplus 147,456 145,283
Retained earnings 2,148,835 2,064,134
Accumulated other comprehensive income (loss) 4,563 (54,634)
Total shareholders' equity before treasury stock 2,397,046 2,250,887
Less cost of shares in treasury, 31,014,374 shares on September 30, 2019 and 30,494,143 on December 31, 2018 (329,122) (311,305)
Total shareholders' equity 2,067,924 1,939,582
Total liabilities and shareholders' equity $ 11,966,035 $ 11,871,952