XML 17 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 88,193 $ 91,122
Short-term investments 35,694 157,641
Total cash and cash equivalents 123,887 248,763
Trading security, at fair value 11,795 12,277
Securities available for sale and other, at fair value 1,460,660 1,426,099
Securities held to maturity (fair values of $394,296 and $405,276) 395,337 397,103
Federal Home Loan Bank stock and other restricted securities 64,038 63,085
Total securities 1,931,830 1,898,564
Loans held for sale, at fair value 98,440 153,620
Commercial real estate 3,266,737 3,264,742
Commercial and industrial loans 1,818,974 1,803,939
Residential mortgages 2,181,807 2,102,807
Consumer loans 1,108,899 1,127,850
Total loans 8,376,417 8,299,338
Less: Allowance for loan losses (53,859) (51,834)
Net loans 8,322,558 8,247,504
Premises and equipment, net 111,237 109,352
Goodwill 519,128 519,287
Other intangible assets 37,085 38,296
Cash surrender value of bank-owned life insurance policies 192,379 191,221
Deferred tax assets, net 51,679 47,061
Other assets 131,024 117,083
Total assets 11,519,247 11,570,751
Liabilities    
Demand deposits 1,575,243 1,606,656
NOW and other deposits 715,581 734,558
Money market deposits 2,749,763 2,776,157
Savings deposits 756,711 741,954
Time deposits 2,885,969 2,890,205
Total deposits 8,683,267 8,749,530
Short-term debt 835,891 667,300
Long-term Federal Home Loan Bank advances 289,969 380,436
Subordinated borrowings 89,384 89,339
Total borrowings 1,215,244 1,137,075
Other liabilities 123,079 187,882
Total liabilities 10,021,590 10,074,487
Shareholders’ equity    
Preferred Stock (Series B non-voting convertible preferred stock - $0.01 par value; 1,000,000 shares authorized, 521,607 shares issued and outstanding in 2018; 1,000,000 shares authorized, 521,607 shares issued and outstanding in 2017 40,633 40,633
Common stock ($.01 par value; 50,000,000 shares authorized and 46,211,894 shares issued and 45,360,369 shares outstanding in 2018; 50,000,000 shares authorized, 46,211,894 shares issued and 45,290,433 shares outstanding in 2017) 460 460
Additional paid-in capital - common stock 1,243,590 1,242,487
Unearned compensation (8,476) (6,531)
Retained earnings 259,499 239,179
Accumulated other comprehensive (loss) income (15,427) 4,161
Treasury stock, at cost (851,525 shares in 2018 and 921,461 shares in 2017) (22,622) (24,125)
Total shareholders’ equity 1,497,657 1,496,264
Total liabilities and shareholders’ equity $ 11,519,247 $ 11,570,751