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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
ASSETS    
Loans $ 25,642,301 $ 23,172,484
Allowance for credit losses on loans (259,089) (219,738)
Net loans 25,383,212 22,952,746
Loans held for sale 2,756 4,420
Securities:    
Available for sale (amortized cost of $8,407,676 and $7,692,860, respectively) 7,774,334 7,068,613
Held to maturity, net of allowance for credit losses of $2,645 and $3,258 respectively (fair value of $4,748,938 and $5,183,367, respectively) 5,376,267 5,688,610
Trading securities 28,533 18,093
Other securities 471,018 492,935
Total securities 13,650,152 13,268,251
Federal funds sold and securities purchased under agreements to resell 545,000 245,344
Interest-bearing due from banks 7,986,270 5,159,802
Cash and due from banks 573,175 447,201
Premises and equipment, net 221,773 241,700
Accrued income 246,095 220,306
Goodwill 207,385 207,385
Other intangibles, net 63,647 71,012
Other assets 1,530,199 1,193,507
Total assets 50,409,664 44,011,674
Deposits:    
Noninterest-bearing demand 13,617,167 12,130,662
Interest-bearing demand and savings 27,397,195 20,588,606
Time deposits under $250,000 969,132 2,292,899
Time deposits of $250,000 or more 1,158,535 780,692
Total deposits 43,142,029 35,792,859
Federal funds purchased and repurchase agreements 2,609,715 2,119,644
Short-term debt   1,800,000
Long-term debt 385,292 383,247
Accrued expenses and taxes 368,457 389,860
Other liabilities 437,630 425,645
Total liabilities 46,943,123 40,911,255
SHAREHOLDERS’ EQUITY    
Common stock, $1.00 par value; 80,000,000 shares authorized; 55,056,730 shares issued, 48,814,177 and 48,554,127 shares outstanding, respectively 55,057 55,057
Capital surplus 1,145,638 1,134,363
Retained earnings 3,174,948 2,810,824
Accumulated other comprehensive loss, net (573,050) (556,935)
Treasury stock, 6,242,553 and 6,502,603 shares, at cost, respectively (336,052) (342,890)
Total shareholders' equity 3,466,541 3,100,419
Total liabilities and shareholders' equity $ 50,409,664 $ 44,011,674