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Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 1,848,386 $ 1,517,244
Interest-bearing deposits at banks 27,106,899 24,958,719
Federal funds sold   3,000
Trading account 137,240 117,847
Investment securities    
Available for sale (cost: $11,248,458 at June 30, 2023; $11,193,152 at December 31, 2022) 10,807,659 10,748,961
Held to maturity (fair value: $14,713,496 at June 30, 2023; $12,375,420 at December 31, 2022) 15,918,106 13,529,969
Equity and other securities (cost: $1,191,927 at June 30, 2023; $933,766 at December 31, 2022) 1,190,690 931,941
Total investment securities 27,916,455 25,210,871
Loans and leases 134,061,568 132,074,156
Unearned discount (717,839) (509,993)
Loans and leases, net of unearned discount 133,343,729 131,564,163
Allowance for credit losses (1,998,366) (1,925,331)
Loans and leases, net 131,345,363 129,638,832
Premises and equipment 1,672,998 1,653,628
Goodwill 8,465,089 8,490,089
Core deposit and other intangible assets 177,221 209,374
Accrued interest and other assets 9,002,078 8,930,237
Total assets 207,671,729 200,729,841
Liabilities    
Noninterest-bearing deposits 54,937,913 65,501,860
Savings and interest-checking deposits 88,046,247 87,911,463
Time deposits 19,074,220 10,101,545
Total deposits 162,058,380 163,514,868
Short-term borrowings 7,907,884 3,554,951
Accrued interest and other liabilities 4,487,894 4,377,495
Long-term borrowings 7,416,638 3,964,537
Total liabilities 181,870,796 175,411,851
Shareholders' equity    
Preferred stock, $1.00 par, 20,000,000 shares authorized; Issued and outstanding: Liquidation preference of $1,000 per share: 350,000 shares at June 30, 2023 and December 31, 2022; Liquidation preference of $10,000 per share: 140,000 shares at June 30, 2023 and December 31, 2022; Liquidation preference of $25 per share: 10,000,000 shares at June 30, 2023 and December 31, 2022 2,010,600 2,010,600
Common stock, $.50 par, 250,000,000 shares authorized, 179,436,779 shares issued at June 30, 2023 and December 31, 2022 89,718 89,718
Common stock issuable, 12,124 shares at June 30, 2023; 14,031 shares at December 31, 2022 972 1,112
Additional paid-in capital 10,000,335 10,002,891
Retained earnings 16,836,810 15,753,978
Accumulated other comprehensive income (loss), net (864,800) (790,030)
Treasury stock - common, at cost - 3,555,383 shares at June 30, 2023; 10,165,419 shares at December 31, 2022 (2,272,702) (1,750,279)
Total shareholders’ equity 25,800,933 25,317,990
Total liabilities and shareholders’ equity $ 207,671,729 $ 200,729,841