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Consolidated Statements of Condition (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets    
Interest-Bearing Deposits in Other Banks $ 2,742 $ 2,761
Funds Sold 673,489 690,112
Investment Securities    
Available-for-Sale 2,352,051 2,408,933
Held-to-Maturity (Fair Value of $4,104,622 and $4,253,637) 4,913,457 4,997,335
Loans Held for Sale 2,182 3,124
Loans and Leases 13,853,837 13,965,026
Allowance for Credit Losses (147,664) (146,403)
Net Loans and Leases 13,706,173 13,818,623
Total Earning Assets 21,650,094 21,920,888
Cash and Due From Banks 215,290 308,071
Premises and Equipment, Net 192,486 194,855
Operating Lease Right-of-Use Assets 85,501 86,110
Accrued Interest Receivable 67,887 66,525
Foreclosed Real Estate 2,672 2,098
Mortgage Servicing Rights 20,422 20,880
Goodwill 31,517 31,517
Bank-Owned Life Insurance 468,206 462,894
Other Assets 686,785 639,458
Total Assets 23,420,860 23,733,296
Deposits    
Noninterest-Bearing Demand 5,542,930 6,058,554
Interest-Bearing Demand 3,823,224 3,749,717
Savings 8,231,245 8,189,472
Time 3,079,187 3,057,302
Total Deposits 20,676,586 21,055,045
Securities Sold Under Agreements to Repurchase 150,490 150,490
Other Debt 560,163 560,190
Operating Lease Liabilities 94,104 94,693
Retirement Benefits Payable 23,365 23,673
Accrued Interest Payable 37,081 41,023
Taxes Payable 7,378 7,636
Other Liabilities 435,716 386,304
Total Liabilities 21,984,883 22,319,054
Commitments and Contingencies (Note 12)
Shareholders’ Equity    
Preferred Stock ($.01 par value; authorized 180,000 shares; issued and outstanding: March 31, 2024 and December 31, 2023 - 180,000) 180,000 180,000
Common Stock ($.01 par value; authorized 500,000,000 shares; issued / outstanding: March 31, 2024 -58,753,708 / 39,720,724 and December 31,2023 -58,755,465 / 39,753,138) 584 583
Capital Surplus 640,663 636,422
Accumulated Other Comprehensive Loss (383,581) (396,688)
Retained Earnings 2,114,729 2,107,569
Treasury Stock, at Cost (Shares: March 31, 2024 - 19,032,984 and December 31, 2023 - 19,002,327) (1,116,418) (1,113,644)
Total Shareholders’ Equity 1,435,977 1,414,242
Total Liabilities and Shareholders’ Equity $ 23,420,860 $ 23,733,296