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Consolidated Statements of Condition (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets    
Interest-Bearing Deposits in Other Banks $ 3,259 $ 2,761
Funds Sold 624,089 690,112
Investment Securities    
Available-for-Sale 2,298,092 2,408,933
Held-to-Maturity (Fair Value of $4,002,122 and $4,253,637) 4,812,954 4,997,335
Loans Held for Sale 2,664 3,124
Loans and Leases 13,831,266 13,965,026
Allowance for Credit Losses (147,477) (146,403)
Net Loans and Leases 13,683,789 13,818,623
Total Earning Assets 21,424,847 21,920,888
Cash and Due From Banks 297,990 308,071
Premises and Equipment, Net 192,319 194,855
Operating Lease Right-of-Use Assets 84,757 86,110
Accrued Interest Receivable 67,554 66,525
Foreclosed Real Estate 2,672 2,098
Mortgage Servicing Rights 19,954 20,880
Goodwill 31,517 31,517
Bank-Owned Life Insurance 470,708 462,894
Other Assets 708,450 639,458
Total Assets 23,300,768 23,733,296
Deposits    
Noninterest-Bearing Demand 5,371,593 6,058,554
Interest-Bearing Demand 3,928,295 3,749,717
Savings 8,207,902 8,189,472
Time 2,900,712 3,057,302
Total Deposits 20,408,502 21,055,045
Securities Sold Under Agreements to Repurchase 100,490 150,490
Other Debt 560,136 560,190
Operating Lease Liabilities 93,364 94,693
Retirement Benefits Payable 23,142 23,673
Accrued Interest Payable 37,278 41,023
Taxes Payable 5,289 7,636
Other Liabilities 459,718 386,304
Total Liabilities 21,687,919 22,319,054
Commitments and Contingencies (Note 12)
Shareholders’ Equity    
Common Stock ($.01 par value; authorized 500,000,000 shares; issued / outstanding: June 30, 2024 - 58,765,907 / 39,729,941;and December 31, 2023 - 58,755,465 / 39,753,138) 585 583
Capital Surplus 639,841 636,422
Accumulated Other Comprehensive Loss (374,361) (396,688)
Retained Earnings 2,119,140 2,107,569
Treasury Stock, at Cost (Shares: June 30, 2024 - 19,035,966 and December 31, 2023 - 19,002,327) (1,117,356) (1,113,644)
Total Shareholders’ Equity 1,612,849 1,414,242
Total Liabilities and Shareholders’ Equity 23,300,768 23,733,296
Series A Preferred Stock [Member]    
Shareholders’ Equity    
Preferred Stock 180,000 180,000
Series B Preferred Stock [Member]    
Shareholders’ Equity    
Preferred Stock $ 165,000