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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 424,035 $ 205,156
Interest bearing deposits with banks 306,885 1,844,764
Investment securities:    
Equity securities 35,992 36,473
Trading debt securities 11,739 38,130
Available for sale debt securities 1,015,034 1,128,809
Held to maturity debt securities (net of allowance for credit losses of $1,222 at March 31, 2022 and $1,165 at December 31, 2021) 3,071,983 2,667,532
Total investment securities 4,134,748 3,870,944
Loans held for sale, at fair value 77,632 139,516
Loans 35,364,405 34,153,657
Less: Allowance for loan losses (362,510) (359,202)
Net loans 35,001,895 33,794,455
Premises and equipment, net 337,479 326,306
Lease right of use assets 258,512 259,117
Bank owned life insurance 566,440 566,770
Accrued interest receivable 102,667 96,882
Goodwill 1,468,354 1,459,008
Other intangible assets, net 74,884 70,386
Other assets 797,926 813,139
Total Assets 43,551,457 43,446,443
Deposits:    
Non-interest bearing 11,947,001 11,675,748
Interest bearing:    
Savings, NOW and money market 20,285,967 20,269,620
Time 3,414,368 3,687,044
Total deposits 35,647,336 35,632,412
Short-term borrowings 484,181 655,726
Long-term borrowings 1,409,142 1,423,676
Junior subordinated debentures issued to capital trusts 56,500 56,413
Lease liabilities 282,437 283,106
Accrued expenses and other liabilities 575,477 311,044
Total Liabilities 38,455,073 38,362,377
Shareholders’ Equity    
Common stock (no par value, authorized 650,000,000 shares; issued 423,034,027 shares at March 31, 2022 and December 31, 2021) 148,482 148,482
Surplus 3,872,236 3,883,035
Retained earnings 945,225 883,645
Accumulated other comprehensive loss (56,098) (17,932)
Treasury stock, at cost (1,639,750 common shares at March 31, 2022 and 1,596,959 common shares at December 31, 2021) (23,152) (22,855)
Total Shareholders’ Equity 5,096,384 5,084,066
Total Liabilities and Shareholders’ Equity 43,551,457 43,446,443
Series A    
Shareholders’ Equity    
Preferred stock, no par value; 50,000,000 authorized shares: 111,590 111,590
Series B    
Shareholders’ Equity    
Preferred stock, no par value; 50,000,000 authorized shares: $ 98,101 $ 98,101