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CONSOLIDATED STATEMENTS OF CONDITION (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets:    
Cash and cash equivalents $ 1,319,880 $ 205,030
Available-for-sale investment securities (cost of $3,129,978 and $3,011,551, respectively) 3,293,116 3,044,428
Equity and other securities (cost of $43,411 and $42,965, respectively) 44,343 43,915
Loans held for sale, at fair value 5,517 0
Loans 7,528,039 6,890,543
Allowance for credit losses (64,437) (49,911)
Net loans 7,463,602 6,840,632
Goodwill, net 792,715 773,810
Core deposit intangibles, net 16,565 16,418
Other intangibles, net 43,481 46,695
Intangible assets, net 852,761 836,923
Premises and equipment, net 167,301 164,638
Accrued interest and fees receivable 38,553 31,647
Other assets 259,144 243,082
Total assets 13,444,217 11,410,295
Liabilities:    
Noninterest-bearing deposits 3,273,921 2,465,902
Interest-bearing deposits 7,572,752 6,529,065
Total deposits 10,846,673 8,994,967
Overnight Federal Home Loan Bank borrowings 0 8,300
Securities sold under agreement to repurchase, short-term 168,491 241,708
Other Federal Home Loan Bank borrowings 7,704 3,750
Subordinated notes payable 13,755 13,795
Subordinated debt held by unconsolidated subsidiary trusts 79,382 77,320
Accrued interest and other liabilities 246,897 215,221
Total liabilities 11,362,902 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; 53,673,335 and 51,974,726 shares issued, respectively 53,672 51,975
Additional paid-in capital 1,019,291 927,337
Retained earnings 915,392 882,851
Accumulated other comprehensive gain (loss) 90,031 (10,226)
Treasury stock, at cost (159,119 shares, including 157,897 shares held by deferred compensation arrangements at June 30, 2020 and 180,803 shares including 179,548 shares held by deferred compensation arrangements at December 31, 2019, respectively) (6,066) (6,823)
Deferred compensation arrangements (157,897 and 179,548 shares, respectively) 8,995 10,120
Total shareholders' equity 2,081,315 1,855,234
Total liabilities and shareholders' equity $ 13,444,217 $ 11,410,295