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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 416,154 $ 373,380
Interest-bearing deposits in other financial institutions 298,759 207,624
Federal funds sold and securities purchased under agreements to resell 1,135 7,740
Investment securities AFS, at fair value 3,085,441 3,262,586
Investment securities HTM, net, at amortized cost(a) 1,878,938 2,205,083
Equity securities 15,106 15,090
Federal Home Loan Bank and Federal Reserve Bank stocks, at cost 168,280 227,347
Residential loans held for sale 129,158 136,280
Commercial loans held for sale 0 15,000
Loans 24,451,724 22,821,440
Allowance for loan losses(a) (383,702) (201,371)
Loans, net 24,068,022 22,620,068
Tax credit and other investments 297,232 279,969
Premises and equipment, net 418,914 435,284
Bank and corporate owned life insurance 679,647 671,948
Goodwill 1,109,300 1,176,230
Other intangible assets, net 68,254 88,301
Mortgage servicing rights, net 41,961 67,306
Interest receivable 90,263 91,196
Other assets [1] 653,219 506,046
Total assets 33,419,783 32,386,478
Liabilities and Stockholders' Equity    
Noninterest-bearing demand deposits 7,661,728 5,450,709
Interest-bearing deposits 18,820,753 18,328,355
Total deposits 26,482,481 23,779,064
Federal funds purchased and securities sold under agreements to repurchase 192,971 433,097
Commercial paper 59,346 32,016
FHLB advances 1,632,723 3,180,967
Other long-term funding 549,465 549,343
Allowance for unfunded commitments 47,776 21,907
Accrued expenses and other liabilities 364,088 467,961
Total liabilities 29,328,850 28,464,355
Stockholders’ Equity    
Preferred equity 353,512 256,716
Common stock 1,752 1,752
Surplus 1,720,329 1,716,431
Retained earnings(a) 2,458,920 2,380,867
Accumulated other comprehensive income (loss) 12,618 (33,183)
Treasury stock, at cost (456,198) (400,460)
Total common equity 3,737,421 3,665,407
Total stockholders’ equity 4,090,933 3,922,124
Total liabilities and stockholders’ equity $ 33,419,783 $ 32,386,478
Preferred shares authorized (par value $1.00 per share) 750,000 750,000
Preferred shares issued and outstanding 364,458 264,458
Common shares authorized (par value $0.01 per share) 250,000,000 250,000,000
Common shares issued 175,216,409 175,216,409
Common shares outstanding 153,540,224 157,171,247
[1] (a) See Note 1 Summary of Significant Accounting Policies for additional details on the adoption of ASU 2016-13.