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CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Assets:    
Cash and cash equivalents $ 2,205,926 $ 1,645,805
Available-for-sale investment securities (cost of $4,039,978 and $3,427,779, respectively) 4,012,739 3,547,892
Equity and other securities (cost of $43,955 and $46,511, respectively) 44,923 47,455
Loans held for sale, at fair value 1,340 1,622
Loans 7,244,147 7,415,952
Allowance for credit losses (51,750) (60,869)
Net loans 7,192,397 7,355,083
Goodwill, net 794,892 793,708
Core deposit intangibles, net 11,267 13,831
Other intangibles, net 36,513 39,109
Intangible assets, net 842,672 846,648
Premises and equipment, net 161,007 165,655
Accrued interest and fees receivable 36,954 39,031
Other assets 303,329 281,903
Total assets 14,801,287 13,931,094
Liabilities:    
Noninterest-bearing deposits 3,729,355 3,361,768
Interest-bearing deposits 8,609,670 7,863,206
Total deposits 12,339,025 11,224,974
Securities sold under agreement to repurchase, short-term 194,887 284,008
Other Federal Home Loan Bank borrowings 2,936 6,658
Subordinated notes payable 3,290 3,303
Subordinated debt held by unconsolidated subsidiary trusts 0 77,320
Accrued interest and other liabilities 200,049 230,724
Total liabilities 12,740,187 11,826,987
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; 54,063,867 and 53,754,599 shares issued, respectively 54,064 53,755
Additional paid-in capital 1,037,088 1,025,163
Retained earnings 1,015,742 960,183
Accumulated other comprehensive (loss) income (48,400) 62,077
Treasury stock, at cost (145,172 shares, including 145,157 shares held by deferred compensation arrangements at June 30, 2021 and 161,472 shares including 161,457 shares held by deferred compensation arrangements at December 31, 2020, respectively) (5,632) (6,198)
Deferred compensation arrangements (145,157 and 161,457 shares, respectively) 8,238 9,127
Total shareholders' equity 2,061,100 2,104,107
Total liabilities and shareholders' equity $ 14,801,287 $ 13,931,094