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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 430,866 $ 453,432
Money market and other interest-earning investments 744,192 274,980
Total cash and cash equivalents 1,175,058 728,412
Equity securities, at fair value 80,372 52,507
Investment securities - available-for-sale, at fair value (amortized cost $7,684,889 and $7,772,603, respectively) 6,713,055 6,773,712
Investment securities - held-to-maturity, at amortized cost (fair value $2,601,188 and $2,643,682, respectively) 3,013,493 3,089,147
Federal Home Loan Bank/Federal Reserve Bank stock, at cost 365,588 314,168
Loans held-for-sale, at fair value 32,006 11,926
Loans:    
Total loans, net of unearned income 32,991,927 31,123,641
Allowance for credit losses on loans (307,610) (303,671)
Net loans 32,684,317 30,819,970
Premises and equipment, net 565,396 557,307
Goodwill 1,998,716 1,998,716
Other intangible assets 102,250 126,405
Company-owned life insurance 767,902 768,552
Accrued interest receivable and other assets 1,591,683 1,522,550
Total assets 49,089,836 46,763,372
Deposits:    
Noninterest-bearing demand 9,664,247 11,930,798
Interest-bearing:    
Checking and NOW 7,331,487 8,340,955
Savings 5,099,186 6,326,158
Money market 9,561,116 5,389,139
Time deposits 5,579,144 3,013,780
Total deposits 37,235,180 35,000,830
Federal funds purchased and interbank borrowings 390 581,489
Securities sold under agreements to repurchase 285,206 432,804
Federal Home Loan Bank advances 4,280,681 3,829,018
Other borrowings 764,870 743,003
Accrued expenses and other liabilities 960,609 1,047,633
Total liabilities 43,526,936 41,634,777
Commitments and contingencies (Note 20)
Shareholders’ Equity    
Preferred stock, 2,000 shares authorized, 231 shares issued and outstanding 230,500 230,500
Common stock, no par value, $1.00 per share stated value, 600,000 shares authorized, 292,655 and 292,903 shares issued and outstanding, respectively 292,655 292,903
Capital surplus 4,159,924 4,174,265
Retained earnings 1,618,630 1,217,349
Accumulated other comprehensive income (loss), net of tax (738,809) (786,422)
Total shareholders’ equity 5,562,900 5,128,595
Total liabilities and shareholders’ equity 49,089,836 46,763,372
Commercial    
Loans:    
Total loans, net of unearned income 9,512,230 9,508,904
Allowance for credit losses on loans (118,333) (120,612)
Commercial real estate    
Loans:    
Total loans, net of unearned income 14,140,629 12,457,070
Allowance for credit losses on loans (155,099) (138,244)
Residential real estate    
Loans:    
Total loans, net of unearned income 6,699,443 6,460,441
Allowance for credit losses on loans (20,837) (21,916)
Consumer    
Loans:    
Total loans, net of unearned income $ 2,639,625 $ 2,697,226