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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjusted Balance
Preferred Series A
Preferred Series B
Common Stock
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
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
Cumulative Effect, Period of Adoption, Adjusted Balance
Retained Earnings
Preferred Series A
Retained Earnings
Preferred Series B
Retained Earnings
Common Stock
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, 2021 $ 5,084,066           $ 209,691   $ 148,482   $ 3,883,035   $ 883,645           $ (17,932)   $ (22,855)  
Beginning balance (in shares) at Dec. 31, 2021                 421,437                          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Net income 116,728                       116,728                  
Other comprehensive income (loss), net of tax (38,166)                                   (38,166)      
Cash dividends declared:                                            
Cash dividends declared on preferred stock       $ (1,797) $ (1,375)                     $ (1,797) $ (1,375)          
Cash dividends declared on common stock           $ (46,803)                       $ (46,803)        
Effect of stock incentive plan, net (in shares)                 972                          
Effect of stock incentive plan, net (2,752)                   (10,799)   (5,173)               13,220  
Purchase of treasury stock (in shares)                 (1,015)                          
Purchase of treasury stock (13,517)                                       (13,517)  
Ending balance at Mar. 31, 2022 5,096,384           209,691   $ 148,482   3,872,236   945,225           (56,098)   (23,152)  
Ending balance (in shares) at Mar. 31, 2022                 421,394                          
Beginning balance at Dec. 31, 2021 5,084,066           209,691   $ 148,482   3,883,035   883,645           (17,932)   (22,855)  
Beginning balance (in shares) at Dec. 31, 2021                 421,437                          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Net income 213,141                                          
Ending balance at Jun. 30, 2022 6,204,913           209,691   $ 178,185   4,965,488   982,146           (108,337)   (22,260)  
Ending balance (in shares) at Jun. 30, 2022                 506,329                          
Beginning balance at Dec. 31, 2021 5,084,066           209,691   $ 148,482   3,883,035   883,645           (17,932)   (22,855)  
Beginning balance (in shares) at Dec. 31, 2021                 421,437                          
Ending balance at Dec. 31, 2022 $ 6,400,802 $ 990 $ 6,401,792       209,691 $ 209,691 $ 178,185 $ 178,185 4,980,231 $ 4,980,231 1,218,445 $ 990 $ 1,219,435       (164,002) $ (164,002) (21,748) $ (21,748)
Ending balance (in shares) at Dec. 31, 2022                 506,374 506,374                        
Cash dividends declared:                                            
Accounting Standards Update [Extensible Enumeration] Accounting Standards Update 2022-02 [Member]                                          
Beginning balance at Mar. 31, 2022 $ 5,096,384           209,691   $ 148,482   3,872,236   945,225           (56,098)   (23,152)  
Beginning balance (in shares) at Mar. 31, 2022                 421,394                          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Net income 96,413                       96,413                  
Other comprehensive income (loss), net of tax (52,239)                                   (52,239)      
Cash dividends declared:                                            
Cash dividends declared on preferred stock       (1,797) (1,375)                     (1,797) (1,375)          
Cash dividends declared on common stock           (56,211)                       (56,211)        
Effect of stock incentive plan, net (in shares)                 72                          
Effect of stock incentive plan, net 5,909               $ 1   5,125   (109)               892  
Common stock issued (in shares)                 84,863                          
Common stock issued 1,117,829               $ 29,702   1,088,127   0               0  
Ending balance at Jun. 30, 2022 6,204,913           209,691   $ 178,185   4,965,488   982,146           (108,337)   (22,260)  
Ending balance (in shares) at Jun. 30, 2022                 506,329                          
Beginning balance at Dec. 31, 2022 6,400,802 990 6,401,792       209,691 209,691 $ 178,185 $ 178,185 4,980,231 4,980,231 1,218,445 990 1,219,435       (164,002) (164,002) (21,748) (21,748)
Beginning balance (in shares) at Dec. 31, 2022                 506,374 506,374                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Net income 146,551                       146,551                  
Other comprehensive income (loss), net of tax 20,355                                   20,355      
Cash dividends declared:                                            
Cash dividends declared on preferred stock       (1,797) (2,077)                     (1,797) (2,077)          
Cash dividends declared on common stock           (56,488)                       (56,488)        
Effect of stock incentive plan, net (in shares)                 1,061                          
Effect of stock incentive plan, net (505)               $ 1   (12,569)   (3,994)               16,057  
Common stock issued (in shares)                 327                          
Common stock issued 3,750                       (650)               4,400  
Ending balance at Mar. 31, 2023 6,511,581           209,691   $ 178,186   4,967,662   1,300,980           (143,647)   (1,291)  
Ending balance (in shares) at Mar. 31, 2023                 507,762                          
Beginning balance at Dec. 31, 2022 6,400,802 $ 990 $ 6,401,792       209,691 $ 209,691 $ 178,185 $ 178,185 4,980,231 $ 4,980,231 1,218,445 $ 990 $ 1,219,435       (164,002) $ (164,002) (21,748) $ (21,748)
Beginning balance (in shares) at Dec. 31, 2022                 506,374 506,374                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Net income 285,611                                          
Ending balance at Jun. 30, 2023 6,575,184           209,691   $ 178,187   4,974,507   1,379,534           (164,747)   (1,988)  
Ending balance (in shares) at Jun. 30, 2023                 507,619                          
Beginning balance at Mar. 31, 2023 6,511,581           209,691   $ 178,186   4,967,662   1,300,980           (143,647)   (1,291)  
Beginning balance (in shares) at Mar. 31, 2023                 507,762                          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Net income 139,060                       139,060                  
Other comprehensive income (loss), net of tax (21,100)                                   (21,100)      
Cash dividends declared:                                            
Cash dividends declared on preferred stock       $ (1,797) $ (2,233)                     $ (1,797) $ (2,233)          
Cash dividends declared on common stock           $ (56,474)                       $ (56,474)        
Effect of stock incentive plan, net (in shares)                 157                          
Effect of stock incentive plan, net 8,239               $ 1   6,845   (2)               1,395  
Purchase of treasury stock (in shares)                 (300)                          
Purchase of treasury stock (2,092)                                       (2,092)  
Ending balance at Jun. 30, 2023 $ 6,575,184           $ 209,691   $ 178,187   $ 4,974,507   $ 1,379,534           $ (164,747)   $ (1,988)  
Ending balance (in shares) at Jun. 30, 2023                 507,619