XML 14 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED STATEMENTS OF CONDITION (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Assets:    
Cash and cash equivalents $ 1,836,521 $ 205,030
Available-for-sale investment securities (cost of $3,068,406 and $3,011,551, respectively) 3,222,722 3,044,428
Equity and other securities (cost of $46,419 and $42,965, respectively) 47,341 43,915
Loans held for sale, at fair value 8,151 0
Loans 7,458,643 6,890,543
Allowance for credit losses (64,962) (49,911)
Net loans 7,393,681 6,840,632
Goodwill, net 793,749 773,810
Core deposit intangibles, net 15,186 16,418
Other intangibles, net 41,279 46,695
Intangible assets, net 850,214 836,923
Premises and equipment, net 165,342 164,638
Accrued interest and fees receivable 41,420 31,647
Other assets 279,933 243,082
Total assets 13,845,325 11,410,295
Liabilities:    
Noninterest-bearing deposits 3,326,517 2,465,902
Interest-bearing deposits 7,794,073 6,529,065
Total deposits 11,120,590 8,994,967
Overnight Federal Home Loan Bank borrowings 0 8,300
Securities sold under agreement to repurchase, short-term 280,767 241,708
Other Federal Home Loan Bank borrowings 7,681 3,750
Subordinated notes payable 13,735 13,795
Subordinated debt held by unconsolidated subsidiary trusts 77,320 77,320
Accrued interest and other liabilities 246,572 215,221
Total liabilities 11,746,665 9,555,061
Commitments and contingencies (See Note J)
Shareholders' equity:    
Preferred stock, $1.00 par value, 500,000 shares authorized, 0 shares issued 0 0
Common stock, $1.00 par value, 75,000,000 shares authorized; 53,697,919 and 51,974,726 shares issued, respectively 53,698 51,975
Additional paid-in capital 1,021,798 927,337
Retained earnings 936,273 882,851
Accumulated other comprehensive gain (loss) 83,962 (10,226)
Treasury stock, at cost (160,326 shares, including 160,311 shares held by deferred compensation arrangements at September 30, 2020 and 180,803 shares including 179,548 shares held by deferred compensation arrangements at December 31, 2019, respectively) (6,131) (6,823)
Deferred compensation arrangements (160,311 and 179,548 shares, respectively) 9,060 10,120
Total shareholders' equity 2,098,660 1,855,234
Total liabilities and shareholders' equity $ 13,845,325 $ 11,410,295