XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Consolidated Statements of Condition - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 3,416,716,000 $ 3,209,242,000
Investment securities:    
Held to maturity debt securities (Market value of $3,400 on June 30, 2022 and $3,400 on December 31, 2021) 3,400,000 3,400,000
Available for sale debt securities (Amortized cost of $4,648,031 on June 30, 2022 and $4,254,960 on December 31, 2021) 4,294,360,000 4,213,920,000
Equity securities with readily determinable fair values 5,581,000 6,079,000
Total investment securities 4,303,341,000 4,223,399,000
Loans 7,027,129,000 7,209,151,000
Less allowance for credit losses (112,572,000) (110,374,000)
Net loans 6,914,557,000 7,098,777,000
Bank premises and equipment, net 435,183,000 447,082,000
Accrued interest receivable 30,730,000 30,593,000
Other investments 368,601,000 296,882,000
Cash surrender value of life insurance policies 300,494,000 297,218,000
Goodwill 282,532,000 282,532,000
Other assets 219,025,000 160,511,000
Total assets 16,271,179,000 16,046,236,000
Deposits:    
Demand-non-interest bearing 6,102,050,000 5,838,526,000
Savings and interest bearing demand 4,660,835,000 4,590,548,000
Time 2,180,367,000 2,188,803,000
Total deposits 12,943,252,000 12,617,877,000
Securities sold under repurchase agreements 513,368,000 439,672,000
Other borrowed funds 436,042,000 436,138,000
Junior subordinated deferrable interest debentures 134,642,000 134,642,000
Other liabilities 146,644,000 109,426,000
Total liabilities 14,173,948,000 13,737,755,000
Shareholders' equity:    
Common shares of $1.00 par value. Authorized 275,000,000 shares; issued 96,368,414 shares on June 30, 2022 and 96,350,977 shares on December 31, 2021 96,368,000 96,351,000
Surplus 152,743,000 152,144,000
Retained earnings 2,544,148,000 2,470,710,000
Accumulated other comprehensive loss (276,735,000) (31,980,000)
Total shareholders' equity before treasury stock 2,516,524,000 2,687,225,000
Less cost of shares in treasury, 33,993,101 shares on June 30, 2022 and 32,979,273 on December 31, 2021 (419,293,000) (378,744,000)
Total shareholders' equity 2,097,231,000 2,308,481,000
Total liabilities and shareholders' equity $ 16,271,179,000 $ 16,046,236,000