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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 185,238 $ 187,886
Interest-bearing deposits with other banks 651,435 831,707
Federal funds sold 820 803
Total cash and cash equivalents 837,493 1,020,396
Securities available for sale at estimated fair value (amortized cost-$2,426,924 at December 31, 2019 and $2,360,884 at December 31, 2018) 2,437,296 2,337,039
Securities held to maturity (estimated fair value-$1,447 at December 31, 2019 and $18,655 at December 31, 2018) 1,446 19,999
Equity securities at estimated fair value 8,894 9,734
Other investment securities 222,161 176,955
Loans held for sale (at fair value-$384,375 at December 31, 2019 and $247,104 at December 31, 2018) 387,514 249,846
Loans 13,713,548 13,429,532
Less: Unearned income (1,419) (7,310)
Loans net of unearned income 13,712,129 13,422,222
Less: Allowance for loan losses (77,057) (76,703)
Net loans 13,635,072 13,345,519
Bank premises and equipment 96,644 95,245
Operating lease right of-use asset 57,783 0
Goodwill 1,478,014 1,478,014
Accrued interest receivable 58,085 60,597
Other assets 441,922 457,154
TOTAL ASSETS 19,662,324 19,250,498
Deposits:    
Noninterest-bearing 4,621,362 4,416,815
Interest-bearing 9,231,059 9,577,934
Total deposits 13,852,421 13,994,749
Borrowings:    
Federal funds purchased 0 23,400
Securities sold under agreements to repurchase 124,654 152,927
Federal Home Loan Bank borrowings 1,851,865 1,439,198
Other long-term borrowings 236,164 234,905
Reserve for lending-related commitments 1,733 1,389
Operating lease liability 61,342 0
Accrued expenses and other liabilities 170,312 152,306
TOTAL LIABILITIES 16,298,491 15,998,874
Shareholders' Equity    
Preferred stock, $1.00 par value; Authorized-50,000,000 shares, none issued 0 0
Common stock, $2.50 par value; Authorized-200,000,000 shares; issued-105,494,290 and 105,239,121 at December 31, 2019 and December 31, 2018, respectively, including 3,940,619 and 2,915,633 shares in treasury at December 31, 2019 and December 31, 2018, respectively 263,736 263,098
Surplus 2,140,175 2,134,462
Retained earnings 1,132,579 1,013,037
Accumulated other comprehensive loss (34,869) (57,019)
Treasury stock, at cost (137,788) (101,954)
TOTAL SHAREHOLDERS' EQUITY 3,363,833 3,251,624
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 19,662,324 $ 19,250,498