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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Preferred Series A
Preferred Series B
Common Stock
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjusted Balance
Preferred Stock
Preferred Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock
Common Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Surplus
Surplus
Cumulative Effect, Period of Adoption, Adjusted Balance
Retained Earnings
Retained Earnings
Preferred Series A
Retained Earnings
Preferred Series B
Retained Earnings
Common Stock
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
Cumulative Effect, Period of Adoption, Adjusted Balance
Treasury Stock
Treasury Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Beginning balance at Dec. 31, 2019 $ 4,384,188       $ (28,187) $ 4,356,001 $ 209,691 $ 209,691 $ 141,423 $ 141,423 $ 3,622,208 $ 3,622,208 $ 443,559       $ (28,187) $ 415,372 $ (32,214) $ (32,214) $ (479) $ (479)
Beginning balance (in shares) at Dec. 31, 2019                 403,278 403,278                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Net income 87,268                       87,268                  
Other comprehensive income (loss), net of tax 25,648                                   25,648      
Cash dividends declared:                                            
Cash dividends declared on preferred stock   $ (1,797) $ (1,375)                     $ (1,797) $ (1,375)              
Cash dividends declared on common stock       $ (44,979)                       $ (44,979)            
Effect of stock incentive plan, net (in shares)                 466                          
Effect of stock incentive plan, net 232               $ 190   1,828   (2,065)               279  
Ending balance at Mar. 31, 2020 4,420,998           209,691   $ 141,613   3,624,036   452,424           (6,566)   (200)  
Ending balance (in shares) at Mar. 31, 2020                 403,744                          
Beginning balance at Dec. 31, 2019 4,384,188       $ (28,187) $ 4,356,001 209,691 $ 209,691 $ 141,423 $ 141,423 3,622,208 $ 3,622,208 443,559       $ (28,187) $ 415,372 (32,214) $ (32,214) (479) $ (479)
Beginning balance (in shares) at Dec. 31, 2019                 403,278 403,278                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Net income 285,243                                          
Ending balance at Sep. 30, 2020 4,533,763           209,691   $ 141,718   3,633,321   553,826           (4,783)   (10)  
Ending balance (in shares) at Sep. 30, 2020                 403,879                          
Beginning balance at Mar. 31, 2020 4,420,998           209,691   $ 141,613   3,624,036   452,424           (6,566)   (200)  
Beginning balance (in shares) at Mar. 31, 2020                 403,744                          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Net income 95,601                       95,601                  
Other comprehensive income (loss), net of tax 1,628                                   1,628      
Cash dividends declared:                                            
Cash dividends declared on preferred stock   (1,797) (1,375)                     (1,797) (1,375)              
Cash dividends declared on common stock       (44,750)                       (44,750)            
Effect of stock incentive plan, net (in shares)                 52                          
Effect of stock incentive plan, net 4,183               $ 54   4,756   (592)               (35)  
Ending balance at Jun. 30, 2020 4,474,488           209,691   $ 141,667   3,628,792   499,511           (4,938)   (235)  
Ending balance (in shares) at Jun. 30, 2020                 403,796                          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Net income 102,374                       102,374                  
Other comprehensive income (loss), net of tax 155                                   155      
Cash dividends declared:                                            
Cash dividends declared on preferred stock   (1,797) (1,375)                     (1,797) (1,375)              
Cash dividends declared on common stock       (44,770)                       (44,770)            
Effect of stock incentive plan, net (in shares)                 83                          
Effect of stock incentive plan, net 4,688               $ 51   4,529   (117)               225  
Ending balance at Sep. 30, 2020 4,533,763           209,691   $ 141,718   3,633,321   553,826           (4,783)   (10)  
Ending balance (in shares) at Sep. 30, 2020                 403,879                          
Beginning balance at Dec. 31, 2020 4,592,120           209,691   $ 141,746   3,637,468   611,158           (7,718)   (225)  
Beginning balance (in shares) at Dec. 31, 2020                 403,859                          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Net income 115,710                       115,710                  
Other comprehensive income (loss), net of tax (9,287)                                   (9,287)      
Cash dividends declared:                                            
Cash dividends declared on preferred stock   (1,797) (1,375)                     (1,797) (1,375)              
Cash dividends declared on common stock       (45,281)                       (45,281)            
Effect of stock incentive plan, net (in shares)                 1,939                          
Effect of stock incentive plan, net 9,580               $ 689   14,480   (5,764)               175  
Ending balance at Mar. 31, 2021 4,659,670           209,691   $ 142,435   3,651,948   672,651           (17,005)   (50)  
Ending balance (in shares) at Mar. 31, 2021                 405,798                          
Beginning balance at Dec. 31, 2020 4,592,120           209,691   $ 141,746   3,637,468   611,158           (7,718)   (225)  
Beginning balance (in shares) at Dec. 31, 2020                 403,859                          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Net income 358,802                                          
Ending balance at Sep. 30, 2021 4,822,498           209,691   $ 142,976   3,672,467   818,780           (21,375)   (41)  
Ending balance (in shares) at Sep. 30, 2021                 407,314                          
Beginning balance at Mar. 31, 2021 4,659,670           209,691   $ 142,435   3,651,948   672,651           (17,005)   (50)  
Beginning balance (in shares) at Mar. 31, 2021                 405,798                          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Net income 120,512                       120,512                  
Other comprehensive income (loss), net of tax (730)                                   (730)      
Cash dividends declared:                                            
Cash dividends declared on preferred stock   (1,797) (1,375)                     (1,797) (1,375)              
Cash dividends declared on common stock       (45,093)                       (45,093)            
Effect of stock incentive plan, net (in shares)                 286                          
Effect of stock incentive plan, net 6,620               $ 115   6,688   (130)               (53)  
Ending balance at Jun. 30, 2021 4,737,807           209,691   $ 142,550   3,658,636   744,768           (17,735)   (103)  
Ending balance (in shares) at Jun. 30, 2021                 406,084                          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Net income 122,580                       122,580                  
Other comprehensive income (loss), net of tax (3,640)                                   (3,640)      
Cash dividends declared:                                            
Cash dividends declared on preferred stock   $ (1,797) $ (1,375)                     $ (1,797) $ (1,375)              
Cash dividends declared on common stock       $ (45,228)                       $ (45,228)            
Effect of stock incentive plan, net (in shares)                 1,230                          
Effect of stock incentive plan, net 14,151               $ 426   13,831   (168)               62  
Ending balance at Sep. 30, 2021 $ 4,822,498           $ 209,691   $ 142,976   $ 3,672,467   $ 818,780           $ (21,375)   $ (41)  
Ending balance (in shares) at Sep. 30, 2021                 407,314