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CONSOLIDATED STATEMENTS OF CONDITION (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Assets:    
Cash and cash equivalents $ 529,336 $ 205,030
Available-for-sale investment securities (cost of $2,986,577 and $3,011,551, respectively) 3,141,882 3,044,428
Equity and other securities (cost of $42,579 and $42,965, respectively) 43,499 43,915
Loans held for sale, at fair value 3,272 0
Loans 6,866,092 6,890,543
Allowance for credit losses (55,652) (49,911)
Net loans 6,810,440 6,840,632
Goodwill, net 773,473 773,810
Core deposit intangibles, net 15,001 16,418
Other intangibles, net 44,445 46,695
Intangible assets, net 832,919 836,923
Premises and equipment, net 162,602 164,638
Accrued interest and fees receivable 36,724 31,647
Other assets 248,309 243,082
Total assets 11,808,983 11,410,295
Liabilities:    
Noninterest-bearing deposits 2,491,720 2,465,902
Interest-bearing deposits 6,812,262 6,529,065
Total deposits 9,303,982 8,994,967
Overnight Federal Home Loan Bank borrowings 0 8,300
Securities sold under agreement to repurchase, short-term 204,991 241,708
Other Federal Home Loan Bank borrowings 3,727 3,750
Subordinated notes payable 13,775 13,795
Subordinated debt held by unconsolidated subsidiary trusts 77,320 77,320
Accrued interest and other liabilities 228,557 215,221
Total liabilities 9,832,352 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; 52,189,314 and 51,974,726 shares issued, respectively 52,190 51,975
Additional paid-in capital 935,924 927,337
Retained earnings 902,148 882,851
Accumulated other comprehensive income (loss) 83,444 (10,226)
Treasury stock, at cost (158,222 shares, including 158,092 shares held by deferred compensation arrangements at March 31, 2020 and 180,803 shares including 179,548 shares held by deferred compensation arrangements at December 31, 2019, respectively) (6,005) (6,823)
Deferred compensation arrangements (158,092 and 179,548 shares, respectively) 8,930 10,120
Total shareholders' equity 1,976,631 1,855,234
Total liabilities and shareholders' equity $ 11,808,983 $ 11,410,295