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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS    
Loans $ 23,637,649 $ 23,172,484
Allowance for credit losses on loans (226,159) (219,738)
Net loans 23,411,490 22,952,746
Loans held for sale 4,415 4,420
Securities:    
Available for sale (amortized cost of $7,207,331 and $7,692,860, respectively) 6,541,391 7,068,613
Held to maturity, net of allowance for credit losses of $3,820 and $3,258, respectively (fair value of $5,025,138 and $5,183,367, respectively) 5,622,617 5,688,610
Trading securities 40,187 18,093
Other securities 473,434 492,935
Total securities 12,677,629 13,268,251
Federal funds sold and securities purchased under agreements to resell 180,275 245,344
Interest-bearing due from banks 6,673,104 5,159,802
Cash and due from banks 356,963 447,201
Premises and equipment, net 231,918 241,700
Accrued income 221,447 220,306
Goodwill 207,385 207,385
Other intangibles, net 69,052 71,012
Other assets 1,309,697 1,193,507
Total assets 45,343,375 44,011,674
Deposits:    
Noninterest-bearing demand 13,251,090 12,130,662
Interest-bearing demand and savings 21,018,911 20,588,606
Time deposits under $250,000 2,044,280 2,292,899
Time deposits of $250,000 or more 599,329 780,692
Total deposits 36,913,610 35,792,859
Federal funds purchased and repurchase agreements 2,225,474 2,119,644
Short-term debt 1,800,000 1,800,000
Long-term debt 383,742 383,247
Accrued expenses and taxes 374,888 389,860
Other liabilities 492,845 425,645
Total liabilities 42,190,559 40,911,255
SHAREHOLDERS' EQUITY    
Common stock, $1.00 par value; 80,000,000 shares authorized; 55,056,730 shares issued, 48,743,348 and 48,554,127 shares outstanding, respectively 55,057 55,057
Capital surplus 1,127,806 1,134,363
Retained earnings 2,903,106 2,810,824
Accumulated other comprehensive loss, net (594,538) (556,935)
Treasury stock, 6,313,382 and 6,502,603 shares, at cost, respectively (338,615) (342,890)
Total shareholders' equity 3,152,816 3,100,419
Total liabilities and shareholders' equity $ 45,343,375 $ 44,011,674