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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 352,790 $ 282,878
Interest-bearing deposits with other banks 1,304,649 3,474,365
Federal funds sold 1,047 927
Total cash and cash equivalents 1,658,486 3,758,170
Securities available for sale at estimated fair value (amortized cost-$5,153,285 at June 30, 2022 and $4,031,494 at December 31, 2021, allowance for credit losses of $0 at June 30, 2022 and December 31, 2021) 4,812,704 4,042,699
Securities held to maturity, net of allowance for credit losses of $18 at June 30, 2022 and $19 at December 31, 2021 (estimated fair value-$1,020 at June 30, 2022 and December 31, 2021) 1,002 1,001
Equity securities at estimated fair value 13,513 12,404
Other investment securities 246,399 239,645
Loans held for sale measured using fair value option 220,689 504,416
Loans and leases 18,994,125 18,051,307
Less: Unearned income (23,730) (27,659)
Loans and leases, net of unearned income 18,970,395 18,023,648
Less: Allowance for loan and lease losses (213,729) (216,016)
Net loans and leases 18,756,666 17,807,632
Bank premises and equipment 197,633 197,220
Operating lease right-of-use assets 75,143 81,942
Goodwill 1,888,889 1,886,494
Mortgage servicing rights, net of valuation allowance of $0 at June 30, 2022 and $883 at December 31, 2021 22,593 23,144
Bank-owned life insurance ("BOLI") 473,470 478,067
Accrued interest receivable, net of allowance for credit losses of $0 at June 30, 2022 and $8 at December 31, 2021 71,035 64,512
Other assets 339,674 231,556
TOTAL ASSETS 28,777,896 29,328,902
Deposits:    
Noninterest-bearing 9,030,939 8,980,547
Interest-bearing 13,995,710 14,369,716
Total deposits 23,026,649 23,350,263
Borrowings:    
Securities sold under agreements to repurchase 128,242 128,844
Federal Home Loan Bank ("FHLB") borrowings 510,918 532,199
Other long-term borrowings 286,043 285,195
Reserve for lending-related commitments 42,579 31,442
Operating lease liabilities 79,787 86,703
Accrued expenses and other liabilities 216,628 195,628
TOTAL LIABILITIES 24,290,846 24,610,274
Shareholders' Equity    
Preferred stock, $1.00 par value; Authorized-50,000,000 shares, none issued 0 0
Common stock, $2.50 par value; Authorized-200,000,000 shares; issued-141,845,451 and 141,360,266 at June 30, 2022 and December 31, 2021, respectively, including 7,265,805 and 4,967,508 shares in treasury at June 30, 2022 and December 31, 2021, respectively 354,616 353,402
Surplus 3,159,928 3,149,955
Retained earnings 1,470,244 1,390,777
Accumulated other comprehensive loss (247,357) (4,888)
Treasury stock, at cost (250,381) (170,618)
TOTAL SHAREHOLDERS' EQUITY 4,487,050 4,718,628
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 28,777,896 $ 29,328,902