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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Assets    
Cash and due from banks $ 215,600 $ 220,791
Interest bearing deposits with banks 128,226 171,710
Investment securities    
Held to maturity (fair value of $1,831,145 at September 30, 2017 and $1,924,597 at December 31, 2016) 1,823,622 1,925,572
Available for sale 1,447,737 1,297,373
Total investment securities 3,271,359 3,222,945
Loans held for sale, at fair value 13,321 57,708
Loans 18,201,462 17,236,103
Less: Allowance for loan losses (118,966) (114,419)
Net loans 18,082,496 17,121,684
Premises and equipment, net 289,153 291,180
Bank owned life insurance 386,874 391,830
Accrued interest receivable 72,063 66,816
Goodwill 690,637 690,637
Other intangible assets, net 42,861 45,484
Other assets 588,071 583,654
Total Assets 23,780,661 22,864,439
Deposits    
Non-interest bearing 5,099,376 5,252,825
Interest bearing    
Savings, NOW and money market 8,792,734 9,339,012
Time 3,420,656 3,138,871
Total deposits 17,312,766 17,730,708
Short-term borrowings 1,482,709 1,080,960
Long-term borrowings 2,215,219 1,433,906
Junior subordinated debentures issued to capital trusts 41,716 41,577
Accrued expenses and other liabilities 190,267 200,132
Total Liabilities 21,242,677 20,487,283
Shareholders’ Equity    
Common stock (no par value, authorized 450,000,000 shares; issued 264,197,172 shares at September 30, 2017 and 263,804,877 shares at December 31, 2016) 92,569 92,353
Surplus 2,054,843 2,044,401
Retained earnings 214,981 172,754
Accumulated other comprehensive loss (34,100) (42,093)
Treasury stock, at cost (166,047 shares at December 31, 2016) 0 (1,849)
Total Shareholders’ Equity 2,537,984 2,377,156
Total Liabilities and Shareholders’ Equity 23,780,661 22,864,439
Series A Preferred Stock    
Shareholders’ Equity    
Preferred stock, no par value; 50,000,000 shares authorized, Series A (4,600,000 shares issued at September 30, 2017 and December 31, 2016 and Series B (4,000,000 shares issued at September 30, 2017) 111,590 111,590
Series B Preferred Stock    
Shareholders’ Equity    
Preferred stock, no par value; 50,000,000 shares authorized, Series A (4,600,000 shares issued at September 30, 2017 and December 31, 2016 and Series B (4,000,000 shares issued at September 30, 2017) $ 98,101 $ 0