XML 17 R2.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 138,616 $ 177,240
Short-term investments and interest bearing deposits 1,282,462 416,538
Securities available-for-sale (amortized cost of $1,019,230 in 2020 and $1,443,730 in 2019 1,036,550 1,451,842
Loans 15,644,396 15,075,481
Less: Allowance for loan losses (166,538) (123,224)
Unamortized deferred loan fees, net (2,494) (626)
Loans, net 15,475,364 14,951,631
Equity securities 23,744 28,005
Federal Home Loan Bank stock 17,250 18,090
Other real estate owned, net 4,918 10,244
Affordable housing investments and alternative energy partnerships, net 309,016 308,681
Premises and equipment, net 102,998 104,239
Customers’ liability on acceptances 13,753 10,694
Accrued interest receivable 59,032 53,541
Goodwill 372,189 372,189
Other intangible assets, net 5,434 6,296
Right-of-use assets- operating leases 30,919 33,990
Other assets 170,889 150,924
Total assets 19,043,134 18,094,144
Deposits    
Non-interest-bearing demand deposits 3,365,086 2,871,444
Interest-bearing deposits:    
NOW deposits 1,926,135 1,358,152
Money market deposits 3,359,191 2,260,764
Savings deposits 785,672 758,903
Time deposits 6,673,317 7,443,045
Total deposits 16,109,401 14,692,308
Short-term borrowings 0 25,683
Advances from the Federal Home Loan Bank 150,000 670,000
Other borrowings for affordable housing investments 23,714 29,022
Long-term debt 119,136 119,136
Deferred payments from acquisition 0 7,644
Acceptances outstanding 13,753 10,694
Lease liabilities - operating leases 33,484 35,873
Other liabilities 175,502 209,501
Total liabilities 16,624,990 15,799,861
Commitments and contingencies 0 0
Stockholders’ Equity    
Common stock, $0.01 par value, 100,000,000 shares authorized, 90,643,206 issued and 79,508,265 outstanding at December 31, 2020, and 90,064,382 issued and 79,729,419 outstanding at December 31, 2019 906 900
Additional paid-in-capital 964,734 950,466
Accumulated other comprehensive income, net 5,310 2,302
Retained earnings 1,789,325 1,659,153
Treasury stock, at cost (11,134,941 shares at December 31, 2020, and 10,334,963 shares at December 31, 2019) (342,131) (318,538)
Total equity 2,418,144 2,294,283
Total liabilities and equity $ 19,043,134 $ 18,094,144