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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Cumulative effect adoption adjustment
Common Stock
Preferred Stock
Surplus
Retained earnings
Retained earnings
Cumulative effect adoption adjustment
Treasury stock
Accumulated other comprehensive (loss) income
Beginning balance at Dec. 31, 2022 $ 4,093,425 $ 28,752 $ 1,047 $ 22,143 $ 4,790,993 $ 3,834,348 $ 28,752 $ (2,030,178) $ (2,524,928)
Increase Decrease In Stockholders Equity                  
Net income 158,979         158,979      
Issuance of stock 1,567       1,567        
Dividends declared:                  
Common stock [1] (39,586)         (39,586)      
Preferred stock (353)         (353)      
Common stock purchases (2,970)             (2,970)  
Stock based compensation 7,808       59     7,749  
Other comprehensive loss, net of tax 223,103               223,103
Ending balance at Mar. 31, 2023 4,470,725   1,047 22,143 4,792,619 3,982,140   (2,025,399) (2,301,825)
Beginning balance at Dec. 31, 2023 5,146,953   1,048 22,143 4,843,399 4,194,851   (2,018,957) (1,895,531)
Increase Decrease In Stockholders Equity                  
Net income 103,283         103,283      
Issuance of stock 1,799       1,799        
Dividends declared:                  
Common stock [1] (44,751)         (44,751)      
Preferred stock (353)         (353)      
Common stock purchases (3,576)             (3,576)  
Stock based compensation 11,614       2,268     9,346  
Other comprehensive loss, net of tax (37,655)               (37,655)
Ending balance at Mar. 31, 2024 $ 5,177,314   $ 1,048 $ 22,143 $ 4,847,466 $ 4,253,030   $ (2,013,187) $ (1,933,186)
[1]
Dividends declared per common share during the quarter
 
ended March 31, 2024 - $
0.62
 
(2023 - $
0.55
).