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Consolidated Statements of Financial Condition (Parenthetical) - USD ($) $ in Thousands | 9 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 30, 2020 | Dec. 31, 2019
Amortized cost of trading securities | $ 162 | $ 182
Amortized cost of investment securities available-for-sale | 412,900 | 1,074,475
Allowance for loan losses | $ 235,313 | $ 116,539
Preferred stock, shares authorized | 10,000,000 | 10,000,000
Common stock, par value | $ 1 | $ 1
Common stock, shares authorized | 100,000,000 | 100,000,000
Common stock, shares issued | 59,885,234 | 59,885,234
Common stock, shares outstanding | 51,344,586 | 51,398,956
Treasury stock, at cost, shares | 8,540,648 | 8,486,278
Tax effect on accumulated other comprehensive income (loss) | $ (753) | $ 206
Investment available-for-sale, allowance for credit loss | $ 0 | $ 0
Series A |  |
Preferred stock, shares issued | 1,340,000 | 1,340,000
Preferred stock, shares outstanding | 1,340,000 | 1,340,000
Preferred stock, liquidation value | $ 25 | $ 25
Series B |  |
Preferred stock, shares issued | 1,380,000 | 1,380,000
Preferred stock, shares outstanding | 1,380,000 | 1,380,000
Preferred stock, liquidation value | $ 25 | $ 25
Series D |  |
Preferred stock, shares issued | 960,000 | 960,000
Preferred stock, shares outstanding | 960,000 | 960,000
Preferred stock, liquidation value | $ 25 | $ 25

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