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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and noninterest bearing balances due from banks $ 398,321 $ 345,258
Interest bearing balances due from banks and federal funds sold 205,081 268,834
Cash and cash equivalents 603,402 614,092
Interest bearing balances due from banks - time 100 100
Investment securities:    
Held-to-maturity, net of allowance for credit losses of $3,214 at September 30, 2024 and December 31, 2023 3,658,700 3,726,288
Available-for-sale, (amortized cost of $2,976,811 and $3,509,709 at September 30, 2024 and December 31, 2023, respectively) 2,691,094 3,152,153
Total investments 6,349,794 6,878,441
Mortgage loans held for sale 8,270 9,373
Loans 17,336,040 16,845,670
Allowance for credit losses on loans (233,223) (225,231)
Net loans 17,102,817 16,620,439
Premises and equipment 584,366 570,678
Foreclosed assets and other real estate owned 1,299 4,073
Interest receivable 125,700 122,430
Bank owned life insurance 508,781 500,559
Goodwill 1,320,799 1,320,799
Other intangible assets 101,093 112,645
Other assets 562,983 592,045
Total assets 27,269,404 27,345,674
Deposits:    
Noninterest bearing transaction accounts 4,521,715 4,800,880
Interest bearing transaction accounts and savings deposits 10,863,945 10,997,425
Time deposits 6,549,774 6,446,673
Total deposits 21,935,434 22,244,978
Federal funds purchased and securities sold under agreements to repurchase 51,071 67,969
Other borrowings 1,045,878 972,366
Subordinated notes and debentures 366,255 366,141
Accrued interest and other liabilities 341,933 267,732
Total liabilities 23,740,571 23,919,186
Stockholders’ equity:    
Common stock, Class A, $0.01 par value; 350,000,000 shares authorized at September 30, 2024 and December 31, 2023; 125,554,598 and 125,184,119 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively 1,256 1,252
Surplus 2,508,438 2,499,930
Undivided profits 1,355,000 1,329,681
Accumulated other comprehensive loss (335,861) (404,375)
Total stockholders’ equity 3,528,833 3,426,488
Total liabilities and stockholders’ equity $ 27,269,404 $ 27,345,674