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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 396,677 $ 446,558
Interest-bearing deposits in other financial institutions 126,232 149,175
Federal funds sold and securities purchased under agreements to resell 43,000 46,500
Investment securities held to maturity, at amortized cost 2,255,395 1,273,536
Investment securities available for sale, at fair value 3,687,470 4,680,226
Federal Home Loan Bank and Federal Reserve Bank stocks, at cost 181,180 140,001
Residential loans held for sale [1] 41,620 108,010
Commercial loans held for sale 4,772 12,474
Loans 20,783,069 20,054,716
Allowance for loan losses (281,101) (278,335)
Loans, net 20,501,968 19,776,381
Premises and equipment, net 328,404 330,315
Goodwill 972,006 971,951
Mortgage servicing rights 59,395 61,476
Other intangible assets 14,530 15,377
Trading assets 48,576 52,398
Other assets 1,107,800 1,074,937
Total assets 29,769,025 29,139,315
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Noninterest-bearing demand deposits 5,038,162 5,392,208
Interest-bearing deposits 16,580,018 16,496,240
Total deposits 21,618,180 21,888,448
Federal funds purchased and securities sold under agreements to repurchase 607,669 508,347
Other short-term funding 794,813 583,688
Long-term funding 3,262,120 2,761,795
Trading liabilities 47,143 51,103
Accrued expenses and other liabilities 247,598 254,622
Total liabilities 26,577,523 26,048,003
Stockholders’ equity    
Preferred equity 159,929 159,929
Common stock 1,630 1,630
Surplus 1,474,301 1,459,498
Retained earnings 1,747,632 1,695,764
Accumulated other comprehensive income (loss) (53,470) (54,679)
Treasury stock, at cost (138,520) (170,830)
Total common equity 3,031,573 2,931,383
Total stockholders’ equity 3,191,502 3,091,312
Total liabilities and stockholders’ equity $ 29,769,025 $ 29,139,315
Preferred shares issued (in shares) 165,000 165,000
Preferred shares authorized (par value $1.00 per share) (in shares) 750,000 750,000
Common shares issued (in shares) 163,030,209 163,030,209
Common shares authorized (par value $0.01 per share) (in shares) 250,000,000 250,000,000
Treasury shares of common stock (in shares) 9,181,834 10,909,362
[1] (1)Effective January 1, 2017, residential loans originated for sale are accounted for under the fair value option. Prior periods have not been restated. For more information on this accounting policy change, please refer to Note 3 to the Notes to the Consolidated Financial Statements.