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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 275,554 $ 309,045
Interest bearing deposits with other banks and other short-term investments 47,459 54,042
Cash and cash equivalents 323,013 363,087
Time deposits in other financial institutions 1,240 1,740
Securities:    
Carried at fair value (cost of $5,100,344 at December 31, 2023, and cost of $6,788,729 at December 31, 2022) 4,646,891 6,147,144
Held to maturity, net of allowance for credit losses of $0 at both December 31, 2023, and December 31, 2022 (fair value of $816,399 at December 31, 2023, and $776,557 at December 31, 2022) 838,241 829,403
Other investments, at cost 91,277 74,567
Loans held for sale 5,071 5,277
Loans receivable:    
Held to maturity 12,068,645 11,428,352
Allowance for credit losses (122,566) (109,483)
Loans receivable, net 11,946,079 11,318,869
Premises, furniture and equipment, net 177,001 190,479
Premises, furniture and equipment held for sale 4,069 6,851
Other real estate, net 12,548 8,401
Goodwill 576,005 576,005
Core deposit intangibles and customer relationship intangibles, net 18,415 25,154
Servicing rights, net 0 7,840
Cash surrender value on life insurance 197,085 193,403
Other assets 574,772 496,008
TOTAL ASSETS 19,411,707 20,244,228
Deposits:    
Demand 4,500,304 5,701,340
Savings 8,805,597 9,994,391
Time 2,895,813 1,817,278
Total deposits 16,201,714 17,513,009
Borrowings 622,255 376,117
Term debt 372,396 371,753
Accrued expenses and other liabilities 282,225 248,294
TOTAL LIABILITIES 17,478,590 18,509,173
STOCKHOLDERS' EQUITY:    
Common stock (par value $1 per share; 60,000,000 shares authorized at both December 31, 2023 and December 31, 2022; issued 42,688,008 shares at December 31, 2023, and 42,467,394 shares at December 31, 2022) 42,688 42,467
Capital surplus 1,090,740 1,080,964
Retained earnings 1,141,501 1,120,925
Accumulated other comprehensive loss (452,517) (620,006)
TOTAL STOCKHOLDERS' EQUITY 1,933,117 1,735,055
TOTAL LIABILITIES AND EQUITY 19,411,707 20,244,228
    Preferred Stock    
STOCKHOLDERS' EQUITY:    
Preferred stock 0 0
Series E preferred stock    
STOCKHOLDERS' EQUITY:    
Preferred stock $ 110,705 $ 110,705