XML 18 R2.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Condition - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 1,997,238,000 $ 256,820,000
Investment securities:    
Held to maturity debt securities (Market value of $3,400 on December 31, 2020 and $2,400 on December 31, 2019) 3,400,000 2,400,000
Available for sale debt securities (Amortized cost of $3,054,289 on December 31, 2020 and $3,376,070 on December 31, 2019) 3,080,768,000 3,378,923,000
Equity securities with readily determinable fair values 6,202,000 6,095,000
Total investment securities 3,090,370,000 3,387,418,000
Loans 7,541,754,000 6,894,946,000
Less allowance for credit losses (109,059,000) (60,278,000)
Net loans 7,432,695,000 6,834,668,000
Bank premises and equipment, net 479,878,000 506,595,000
Accrued interest receivable 37,881,000 36,620,000
Other investments 254,413,000 318,427,000
Cash surrender value of life insurance policies 292,381,000 289,693,000
Goodwill 282,532,000 282,532,000
Other assets 162,079,000 200,121,000
Total assets 14,029,467,000 12,112,894,000
Deposits:    
Demand-non-interest bearing 4,715,814,000 3,545,905,000
Savings and interest bearing demand 3,852,505,000 3,267,829,000
Time 2,153,541,000 2,012,300,000
Total deposits 10,721,860,000 8,826,034,000
Securities sold under repurchase agreements 428,148,000 236,536,000
Other borrowed funds 436,327,000 626,511,000
Junior subordinated deferrable interest debentures 134,642,000 134,642,000
Other liabilities 130,492,000 171,118,000
Total liabilities 11,851,469,000 9,994,841,000
Shareholders' equity:    
Common shares of $1.00 par value. Authorized 275,000,000 shares; issued 96,240,977 shares on December 31, 2020 and 96,214,967 shares on December 31, 2019 96,241,000 96,215,000
Surplus 149,334,000 148,075,000
Retained earnings 2,289,626,000 2,200,568,000
Accumulated other comprehensive income 20,825,000 2,345,000
Total shareholders' equity before treasury stock 2,556,026,000 2,447,203,000
Less cost of shares in treasury, 32,961,289 shares on December 31, 2020 and 31,015,061 on December 31, 2019 (378,028,000) (329,150,000)
Total shareholders' equity 2,177,998,000 2,118,053,000
Total liabilities and shareholders' equity $ 14,029,467,000 $ 12,112,894,000