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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 266,400 $ 284,567
Federal funds sold and interest-bearing deposits in banks 1,754,453 833,565
Cash and cash equivalents 2,020,853 1,118,132
Debt securities available-for-sale, at fair value, net of allowance for credit losses of $82 and $75 1,496,836 1,500,060
Debt securities held-to-maturity, at amortized cost, net of allowance for credit losses of $— and $— (fair value of $116,093 and $114,538) 134,175 134,864
Other investments 146,715 110,992
Loans held for sale, at fair value 395,096 392,078
Loans, net of unearned income 19,997,871 19,855,253
Allowance for credit losses (242,658) (205,677)
Loans, net 19,755,213 19,649,576
Other real estate owned, net 1,502 843
Premises and equipment, net 218,878 220,283
Goodwill 1,015,646 1,015,646
Other intangible assets, net 101,488 106,194
Cash value of bank owned life insurance 389,201 388,405
Other assets 412,781 416,213
Total assets 26,088,384 25,053,286
Deposits:    
Noninterest-bearing 7,297,893 7,929,579
Interest-bearing 12,599,562 11,533,159
Total deposits 19,897,455 19,462,738
Other borrowings 2,401,327 1,875,736
Subordinated deferrable interest debentures 128,820 128,322
Other liabilities 407,587 389,090
Total liabilities 22,835,189 21,855,886
Commitments and Contingencies (Note 8)
Shareholders’ Equity    
Preferred stock, stated value $1,000; 5,000,000 shares authorized; 0 shares issued and outstanding 0 0
Common stock, par value $1; 200,000,000 shares authorized; 72,484,210 and 72,263,727 shares issued 72,484 72,264
Capital surplus 1,937,664 1,935,211
Retained earnings 1,362,512 1,311,258
Accumulated other comprehensive income, net of tax (35,581) (46,507)
Treasury stock, at cost, 3,110,347 and 2,894,677 shares (83,884) (74,826)
Total shareholders’ equity 3,253,195 3,197,400
Total liabilities and shareholders’ equity $ 26,088,384 $ 25,053,286