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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS    
Interest-earning deposits with banks and other cash and cash equivalents $ 2,414,103 $ 1,939,413
Federal funds sold and securities purchased under resale agreements 37,323 38,367
Total cash, cash equivalents, and restricted cash 2,451,426 1,977,780
Investment securities available for sale, at fair value 9,788,662 9,678,103
Loans held for sale (includes $47,338 and $51,136, measured at fair value, respectively) 52,768 391,502
Loans, net of deferred fees and costs 43,404,490 43,716,353
Allowance for loan losses (479,385) (443,424)
Loans, net 42,925,105 43,272,929
Cash surrender value of bank-owned life insurance 1,112,030 1,089,280
Premises, equipment and software, net 365,851 370,632
Goodwill 480,440 452,390
Other intangible assets, net 45,928 27,124
Other assets 2,587,324 2,471,638
Total assets 59,809,534 59,731,378
Deposits:    
Non-interest-bearing deposits 12,507,616 15,639,899
Interest-bearing deposits 38,231,569 33,231,660
Total deposits 50,739,185 48,871,559
Federal funds purchased and securities sold under repurchase agreements 189,074 146,588
Other short-term borrowings 3,496 603,384
Long-term debt 1,932,534 4,109,597
Other liabilities 1,801,097 1,524,449
Total liabilities 54,665,386 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 171,360,188 and 170,141,492, respectively; outstanding 146,705,330 and 145,486,634, respectively 171,360 170,141
Additional paid-in capital 3,955,819 3,920,346
Treasury stock, at cost; 24,654,858 shares (944,484) (944,484)
Accumulated other comprehensive income (loss), net (1,117,073) (1,442,117)
Retained earnings 2,517,226 2,234,770
Total Synovus Financial Corp. shareholders’ equity 5,119,993 4,475,801
Noncontrolling interest in subsidiary 24,155 0
Total equity 5,144,148 4,475,801
Total liabilities and shareholders' equity $ 59,809,534 $ 59,731,378