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Consolidated Statements of Financial Condition (Parenthetical) - USD ($) | 3 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2021 | Dec. 31, 2020
Amortized cost of trading securities | $ 432,000 | $ 432,000
Amortized cost of investment securities available-for-sale | 462,115,000 | 432,176,000
Allowance for loan losses | $ 201,973,000 | $ 204,809,000
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 | 51,579,245 | 51,387,071
Treasury stock, at cost, shares | 8,305,989 | 8,498,163
Tax effect on accumulated other comprehensive income (loss) | $ (1,200,000) | $ (1,529,000)
Investment available-for-sale, allowance for credit loss | 0 | 0
Investment held-to-maturity, 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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