XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 576,148 $ 624,097
Interest-bearing funds with Federal Reserve Bank 1,391,961 1,280,684
Interest earning deposits with banks 50,254 34,632
Federal funds sold and securities purchased under resale agreements 35,788 38,367
Total cash, cash equivalents, and restricted cash 2,054,151 1,977,780
Investment securities available for sale, at fair value 9,621,175 9,678,103
Loans held for sale (includes $62,616 and $51,136 measured at fair value, respectively) 514,450 391,502
Loans, net of deferred fees and costs 44,353,537 43,716,353
Allowance for loan losses (471,238) (443,424)
Loans, net 43,882,299 43,272,929
Cash surrender value of bank-owned life insurance 1,100,114 1,089,280
Premises, equipment, and software, net 365,443 370,632
Goodwill 475,573 452,390
Other intangible assets, net 61,538 27,124
Other assets 2,580,848 2,471,638
Total assets 60,655,591 59,731,378
Deposits:    
Non-interest-bearing deposits 13,565,602 15,639,899
Interest-bearing deposits 36,514,790 33,231,660
Total deposits 50,080,392 48,871,559
Federal funds purchased and securities sold under repurchase agreements 83,384 146,588
Other short-term borrowings 1,461 603,384
Long-term debt 4,021,411 4,109,597
Other liabilities 1,661,175 1,524,449
Total liabilities 55,847,823 55,255,577
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 170,808,134 and 170,141,492, respectively; outstanding 146,153,276 and 145,486,634, respectively 170,808 170,141
Additional paid-in capital 3,933,548 3,920,346
Treasury stock, at cost; 24,654,858 shares (944,484) (944,484)
Accumulated other comprehensive income (loss), net (1,395,175) (1,442,117)
Retained earnings 2,480,686 2,234,770
Total Synovus Financial Corp. shareholders' equity 4,782,528 4,475,801
Noncontrolling interest in subsidiary 25,240 0
Total equity 4,807,768 4,475,801
Total liabilities and equity $ 60,655,591 $ 59,731,378
Treasury stock, shares at cost (in shares) 24,654,858 24,654,858