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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 624,097 $ 432,925
Interest-bearing funds with Federal Reserve Bank 1,280,684 2,479,006
Interest earning deposits with banks 34,632 25,535
Federal funds sold and securities purchased under resale agreements 38,367 72,387
Total cash, cash equivalents, and restricted cash 1,977,780 3,009,853
Investment securities available for sale, at fair value 9,678,103 10,918,329
Loans held for sale (includes $51,136 and $108,198, measured at fair value, respectively) 391,502 750,642
Loans, net of deferred fees and costs 43,716,353 39,311,958
Allowance for loan losses (443,424) (427,597)
Loans, net 43,272,929 38,884,361
Cash surrender value of bank-owned life insurance 1,089,280 1,068,616
Premises, equipment and software, net 370,632 407,241
Goodwill 452,390 452,390
Other intangible assets, net 27,124 35,596
Other assets 2,471,638 1,790,198
Total assets 59,731,378 57,317,226
Deposits:    
Non-interest-bearing deposits 15,639,899 16,392,653
Interest-bearing deposits 33,231,660 33,034,623
Total deposits 48,871,559 49,427,276
Federal funds purchased and securities sold under repurchase agreements 146,588 264,133
Other short-term borrowings 603,384 200
Long-term debt 4,109,597 1,204,229
Other liabilities 1,524,449 1,124,588
Total liabilities 55,255,577 52,020,426
Shareholders’ Equity    
Preferred stock - no par value; authorized 100,000,000 shares; issued 22,000,000 537,145 537,145
Common stock - $1.00 par value; authorized 342,857,143 shares; issued 170,141,492 and 169,383,758, respectively; outstanding 145,486,634 and 145,010,086, respectively 170,141 169,384
Additional paid-in capital 3,920,346 3,894,109
Treasury stock, at cost; 24,654,858 and 24,373,672 shares, respectively (944,484) (931,497)
Accumulated other comprehensive income (loss), net (1,442,117) (82,321)
Retained earnings 2,234,770 1,709,980
Total shareholders’ equity 4,475,801 5,296,800
Total liabilities and shareholders' equity $ 59,731,378 $ 57,317,226