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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
ASSETS    
Interest-earning deposits with banks and other cash and cash equivalents $ 2,263,545 $ 2,414,103
Federal funds sold and securities purchased under resale agreements 31,063 37,323
Total cash, cash equivalents, and restricted cash 2,294,608 2,451,426
Investment securities held to maturity 2,668,068 0
Investment securities available for sale 7,043,681 9,788,662
Loans held for sale (includes $41,823 and $47,338 measured at fair value, respectively) 139,323 52,768
Loans, net of deferred fees and costs 43,093,397 43,404,490
Allowance for loan losses (485,101) (479,385)
Loans, net 42,608,296 42,925,105
Cash surrender value of bank-owned life insurance 1,125,928 1,112,030
Premises, equipment, and software, net 375,455 365,851
Goodwill 480,440 480,440
Other intangible assets, net 40,114 45,928
Other assets 2,830,430 2,587,324
Total assets 59,606,343 59,809,534
Deposits:    
Non-interest-bearing deposits 11,655,811 12,507,616
Interest-bearing deposits 38,539,967 38,231,569
Total deposits 50,195,778 50,739,185
Federal funds purchased and securities sold under repurchase agreements 94,484 189,074
Other short-term borrowings 2,536 3,496
Long-term debt 2,283,767 1,932,534
Other liabilities 1,953,106 1,801,097
Total liabilities 54,529,671 54,665,386
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 342,857,142 shares; issued 171,935,817 and 171,360,188, respectively; outstanding 144,149,614 and 146,705,330, respectively 171,936 171,360
Additional paid-in capital 3,965,751 3,955,819
Treasury stock, at cost; 27,786,203 and $24,654,858 shares, respectively (1,066,239) (944,484)
Accumulated other comprehensive income (loss), net (1,050,374) (1,117,073)
Retained earnings 2,495,387 2,517,226
Total Synovus Financial Corp. shareholders' equity 5,053,606 5,119,993
Noncontrolling interest in subsidiary 23,066 24,155
Total equity 5,076,672 5,144,148
Total liabilities and equity $ 59,606,343 $ 59,809,534