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CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 490,908 $ 411,150
Federal funds sold and securities purchased under resale agreements 58 700,055
Interest-bearing deposits with banks 1,988,719 5,372,603
Available-for-sale securities 3,243,017 2,327,793
Held-to-maturity securities, at amortized cost, net of allowance for credit losses of $488 and $78 at December 31, 2022 and December 31, 2021, respectively ($2.9 billion and $2.9 billion fair value at December 31, 2022 and December 31, 2021, respectively) 3,640,567 2,942,285
Trading account securities 1,127 1,061
Equity securities with readily determinable fair value 110,365 90,511
Federal Home Loan Bank and Federal Reserve Bank stock 224,759 135,378
Brokerage customer receivables 16,387 26,068
Mortgage loans held-for-sale, at fair value 299,935 817,912
Loans, net of unearned income 39,196,485 34,789,104
Allowance for loan losses (357,448) (299,653)
Premises, software and equipment, net 764,798 766,405
Lease investments, net 253,928 242,082
Accrued interest receivable and other assets 1,391,342 1,084,115
Trade date securities receivable 921,717 0
Goodwill 653,524 655,149
Other acquisition-related intangible assets 22,186 28,307
Total assets 52,949,649 50,142,143
Deposits:    
Non-interest-bearing 12,668,160 14,179,980
Interest-bearing 30,234,384 27,915,605
Total deposits 42,902,544 42,095,585
Federal Home Loan Bank advances 2,316,071 1,241,071
Other borrowings 596,614 494,136
Subordinated notes 437,392 436,938
Junior subordinated debentures 253,566 253,566
Accrued interest payable and other liabilities 1,646,624 1,122,159
Total liabilities 48,152,811 45,643,455
Shareholders’ Equity:    
Common stock, no par value; $1.00 stated value; 100,000,000 shares authorized at December 31, 2022 and December 31, 2021; 60,797,270 shares issued at December 31, 2022 and 58,891,780 shares issued at December 31, 2021 60,797 58,892
Surplus 1,902,474 1,685,572
Treasury stock, at cost, 3,262 shares at December 31, 2022 and 1,837,689 shares at December 31, 2021 (304) (109,903)
Retained earnings 2,849,007 2,447,535
Accumulated other comprehensive (loss) income (427,636) 4,092
Total shareholders’ equity 4,796,838 4,498,688
Total liabilities and shareholders’ equity 52,949,649 50,142,143
Series D - $25 liquidation value; 5,000,000 shares issued and outstanding at December 31, 2022 and December 31, 2021    
Shareholders’ Equity:    
Preferred stock, no par value; 20,000,000 shares authorized: 125,000 125,000
Series E - $25,000 liquidation value; 11,500 shares issued and outstanding at December 31, 2022 and December 31, 2021    
Shareholders’ Equity:    
Preferred stock, no par value; 20,000,000 shares authorized: 287,500 287,500
Loans    
Assets    
Loans, net of unearned income 39,196,485 34,789,104
Allowance for loan losses (270,173) (247,835)
Net loans $ 38,926,312 $ 34,541,269