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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks, including interest bearing amounts of $342,070 and $242,229, respectively $ 495,082 $ 408,411
Securities:    
Equity securities, at fair value 11,453 11,506
Available-for-sale debt securities, at fair value 2,196,141 2,529,140
Held-to-maturity debt securities (fair values of $998,987 and $1,084,390, respectively) 1,210,992 1,248,629
Allowance for credit losses, held-to-maturity debt securities (180) (220)
Net held-to-maturity debt securities 1,210,812 1,248,409
Total securities 3,418,406 3,789,055
Loans held for sale 17,677 8,249
Portfolio loans, net of unearned income 11,315,873 10,702,728
Allowance for credit losses - loans (126,615) (117,790)
Net portfolio loans 11,189,258 10,584,938
Premises and equipment, net 226,377 220,892
Accrued interest receivable 73,014 68,522
Goodwill and other intangible assets, net 1,134,510 1,141,355
Bank-owned life insurance 356,962 352,361
Other assets 433,091 358,122
Total Assets 17,344,377 16,931,905
Deposits:    
Non-interest bearing demand 4,169,956 4,700,438
Interest bearing demand 3,278,956 3,119,807
Money market 1,905,001 1,684,023
Savings deposits 2,559,894 2,741,004
Certificates of deposit 1,176,421 885,818
Total deposits 13,090,228 13,131,090
Federal Home Loan Bank borrowings 1,125,000 705,000
Other short-term borrowings 106,693 135,069
Subordinated debt and junior subordinated debt 282,079 281,404
Total borrowings 1,513,772 1,121,473
Accrued interest payable 11,416 4,593
Other liabilities 281,020 248,087
Total Liabilities 14,896,436 14,505,243
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, 2023 and December 31, 2022, respectively 144,484 144,484
Common stock, $2.0833 par value; 100,000,000 shares authorized; 68,081,306 shares issued; 59,364,696 and 59,198,963 shares outstanding at September 30, 2023 and December 31, 2022, respectively 141,834 141,834
Capital surplus 1,633,395 1,635,877
Retained earnings 1,131,597 1,077,675
Treasury stock (8,716,610 and 8,882,343 shares - at cost, respectively) (303,424) (308,964)
Accumulated other comprehensive loss (297,906) (262,416)
Deferred benefits for directors (2,039) (1,828)
Total Shareholders' Equity 2,447,941 2,426,662
Total Liabilities and Shareholders' Equity $ 17,344,377 $ 16,931,905