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CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Assets:    
Cash and cash equivalents $ 2,151,347 $ 1,645,805
Available-for-sale investment securities (cost of $3,898,704 and $3,427,779, respectively) 3,791,391 3,547,892
Equity and other securities (cost of $44,138 and $46,511, respectively) 45,106 47,455
Loans held for sale, at fair value 1,140 1,622
Loans 7,368,327 7,415,952
Allowance for credit losses (55,069) (60,869)
Net loans 7,313,258 7,355,083
Goodwill, net 793,456 793,708
Core deposit intangibles, net 12,507 13,831
Other intangibles, net 37,082 39,109
Intangible assets, net 843,045 846,648
Premises and equipment, net 161,194 165,655
Accrued interest and fees receivable 36,405 39,031
Other assets 277,295 281,903
Total assets 14,620,181 13,931,094
Liabilities:    
Noninterest-bearing deposits 3,710,292 3,361,768
Interest-bearing deposits 8,493,945 7,863,206
Total deposits 12,204,237 11,224,974
Securities sold under agreement to repurchase, short-term 257,767 284,008
Other Federal Home Loan Bank borrowings 5,959 6,658
Subordinated notes payable 3,297 3,303
Subordinated debt held by unconsolidated subsidiary trusts 0 77,320
Accrued interest and other liabilities 177,524 230,724
Total liabilities 12,648,784 11,826,987
Commitments and contingencies (See Note J)
Shareholders' equity:    
Preferred stock, $1.00 par value, 500,000 shares authorized, 0 shares issued 0 0
Common stock, $1.00 par value, 75,000,000 shares authorized; 54,019,374 and 53,754,599 shares issued, respectively 54,019 53,755
Additional paid-in capital 1,034,225 1,025,163
Retained earnings 990,504 960,183
Accumulated other comprehensive (loss) income (109,957) 62,077
Treasury stock, at cost (144,395 shares, including 144,380 shares held by deferred compensation arrangements at March 31, 2021 and 161,472 shares including 161,457 shares held by deferred compensation arrangements at December 31, 2020, respectively) (5,572) (6,198)
Deferred compensation arrangements (144,380 and 161,457 shares, respectively) 8,178 9,127
Total shareholders' equity 1,971,397 2,104,107
Total liabilities and shareholders' equity $ 14,620,181 $ 13,931,094