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CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets:    
Cash and cash equivalents $ 209,896 $ 1,875,064
Available-for-sale investment securities includes pledged securities that can be sold or repledged of $466,902 and $485,414, respectively (cost of $4,675,474 and $4,980,102, respectively) 4,151,851 4,934,210
Held-to-maturity securities (fair value of $1,034,795 and $0, respectively) 1,079,695 0
Equity and other securities (cost of $82,424 and $43,917, respectively) 83,342 44,879
Loans, net 8,809,394 7,373,639
Allowance for credit losses (61,059) (49,869)
Net loans 8,748,335 7,323,770
Goodwill 841,841 799,109
Core deposit intangibles, net 12,304 9,087
Other intangibles, net 48,692 56,139
Goodwill and intangible assets, net 902,837 864,335
Premises and equipment, net 160,778 160,651
Accrued interest and fees receivable 52,613 35,894
Other assets 446,304 313,854
Total assets 15,835,651 15,552,657
Liabilities:    
Noninterest-bearing deposits 4,140,617 3,921,663
Interest-bearing deposits 8,871,691 8,989,505
Total deposits 13,012,308 12,911,168
Overnight borrowings 768,400 0
Securities sold under agreement to repurchase, short-term 346,652 324,720
Other Federal Home Loan Bank borrowings 19,474 1,888
Subordinated notes payable 3,249 3,277
Accrued interest and other liabilities 133,863 210,797
Total liabilities 14,283,946 13,451,850
Commitments and contingencies
Shareholders' equity:    
Preferred stock, $1.00 par value, 500,000 shares authorized, 0 shares issued 0 0
Common stock, $1.00 par value, 75,000,000 shares authorized; 54,190,201 and 54,092,421 shares issued, respectively 54,190 54,092
Additional paid-in capital 1,050,231 1,041,304
Retained earnings 1,152,452 1,058,286
Accumulated other comprehensive loss (686,439) (50,627)
Treasury stock, at cost (452,952 shares including 135,437 shares held by deferred compensation arrangements at December 31, 2022, and 214,374 shares including 146,860 shares held by deferred compensation arrangements at December 31, 2021) (26,485) (10,610)
Deferred compensation arrangements (135,437 shares at December 31, 2022 and 146,860 shares at December 31, 2021) 7,756 8,362
Total shareholders' equity 1,551,705 2,100,807
Total liabilities and shareholders' equity $ 15,835,651 $ 15,552,657