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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks, including interest bearing amounts of $166,215 and $1,094,312, respectively $ 378,556 $ 1,251,358
Securities:    
Equity securities, at fair value 11,964 13,466
Available-for-sale debt securities, at fair value 2,645,748 3,013,462
Held-to-maturity debt securities (fair values of $1,065,833 and $1,028,452 respectively) 1,262,467 1,004,823
Allowance for credit losses, held-to-maturity debt securities (225) (268)
Net held-to-maturity debt securities 1,262,242 1,004,555
Total securities 3,919,954 4,031,483
Loans held for sale 12,887 25,277
Portfolio loans, net of unearned income 10,277,662 9,733,478
Allowance for credit losses - loans (114,584) (121,622)
Net portfolio loans 10,163,078 9,611,856
Premises and equipment, net 221,355 229,016
Accrued interest receivable 63,375 60,844
Goodwill and other intangible assets, net 1,143,896 1,151,634
Bank-owned life insurance 350,806 350,359
Other assets 350,840 215,298
Total Assets 16,604,747 16,927,125
Deposits:    
Non-interest bearing demand 4,736,722 4,590,895
Interest bearing demand 3,201,714 3,380,056
Money market 1,772,481 1,739,750
Savings deposits 2,741,937 2,562,510
Certificates of deposit 991,512 1,292,652
Total deposits 13,444,366 13,565,863
Federal Home Loan Bank borrowings 56,998 183,920
Other short-term borrowings 127,983 141,893
Subordinated debt and junior subordinated debt 281,179 132,860
Total borrowings 466,160 458,673
Accrued interest payable 4,358 1,901
Other liabilities 294,211 207,522
Total Liabilities 14,209,095 14,233,959
SHAREHOLDERS' EQUITY    
Preferred stock, no par value, 1,000,000 shares authorized; 150,000 shares 6.75% non-cumulative perpetual preferred stock, Series A, liquidation preference $150,000,000, issued and outstanding at September 30, 2022 and December 31, 2021, respectively 144,484 144,484
Common stock, $2.0833 par value; 100,000,000 shares authorized; 68,081,306 shares issued; 59,304,505 and 62,307,245 shares outstanding at September 30, 2022 and December 31, 2021, respectively 141,834 141,834
Capital surplus 1,634,280 1,635,642
Retained earnings 1,048,532 977,765
Treasury stock (8,776,801 and 5,774,061 shares - at cost, respectively) (305,033) (199,759)
Accumulated other comprehensive loss (266,640) (5,120)
Deferred benefits for directors (1,805) (1,680)
Total Shareholders' Equity 2,395,652 2,693,166
Total Liabilities and Shareholders' Equity $ 16,604,747 $ 16,927,125