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Consolidated Statements of Shareholders' Equity - USD ($)
shares in Thousands, $ in Thousands
Common Stock
Surplus
Retained Earnings
Other Comprehensive Income (Loss)
Treasury Stock
Total
Balance at Dec. 31, 2022 $ 96,420 $ 154,061 $ 2,695,567 $ (470,497) $ (430,792) $ 2,044,759
Balance (in shares) at Dec. 31, 2022 96,420          
Increase (decrease) in shareholders' equity            
Net Income (Loss)     305,392     305,392
Dividends:            
Dividends Payable/ Cash     (78,247)     (78,247)
Purchase of treasury stock         (4,487) (4,487)
Exercise of stock options $ 24 630       654
Exercise of stock options (in shares) 24          
Stock compensation expense recognized in earnings   255       255
Other comprehensive income (loss), net of tax:            
Net change in unrealized gains and losses on available for sale securities, net of reclassification adjustments       (74,715)   (74,715)
Balance at Sep. 30, 2023 $ 96,444 154,946 2,922,712 (545,212) (435,279) 2,193,611
Balance (in shares) at Sep. 30, 2023 96,444          
Balance at Jun. 30, 2023 $ 96,432 154,522 2,858,544 (482,312) (435,195) 2,191,991
Balance (in shares) at Jun. 30, 2023 96,432          
Increase (decrease) in shareholders' equity            
Net Income (Loss)     103,264     103,264
Dividends:            
Dividends Payable/ Cash     (39,096)     (39,096)
Purchase of treasury stock         (84) (84)
Exercise of stock options $ 12 348       360
Exercise of stock options (in shares) 12          
Stock compensation expense recognized in earnings   76       76
Other comprehensive income (loss), net of tax:            
Net change in unrealized gains and losses on available for sale securities, net of reclassification adjustments       (62,900)   (62,900)
Balance at Sep. 30, 2023 $ 96,444 154,946 2,922,712 (545,212) (435,279) 2,193,611
Balance (in shares) at Sep. 30, 2023 96,444          
Balance at Dec. 31, 2023 $ 96,467 155,511 3,029,088 (397,889) (435,403) 2,447,774
Balance (in shares) at Dec. 31, 2023 96,467          
Increase (decrease) in shareholders' equity            
Net Income (Loss)     294,083     294,083
Dividends:            
Dividends Payable/ Cash     (82,078)     (82,078)
Purchase of treasury stock         (742) (742)
Exercise of stock options $ 136 3,160       3,296
Exercise of stock options (in shares) 136          
Stock compensation expense recognized in earnings   169       169
Other comprehensive income (loss), net of tax:            
Net change in unrealized gains and losses on available for sale securities, net of reclassification adjustments       86,914   86,914
Balance at Sep. 30, 2024 $ 96,603 158,840 3,241,093 (310,975) (436,145) 2,749,416
Balance (in shares) at Sep. 30, 2024 96,603          
Balance at Jun. 30, 2024 $ 96,580 158,171 3,182,368 (423,860) (435,898) 2,577,361
Balance (in shares) at Jun. 30, 2024 96,580          
Increase (decrease) in shareholders' equity            
Net Income (Loss)     99,772     99,772
Dividends:            
Dividends Payable/ Cash     (41,047)     (41,047)
Purchase of treasury stock         (247) (247)
Exercise of stock options $ 23 622       645
Exercise of stock options (in shares) 23          
Stock compensation expense recognized in earnings   47       47
Other comprehensive income (loss), net of tax:            
Net change in unrealized gains and losses on available for sale securities, net of reclassification adjustments       112,885   112,885
Balance at Sep. 30, 2024 $ 96,603 $ 158,840 $ 3,241,093 $ (310,975) $ (436,145) $ 2,749,416
Balance (in shares) at Sep. 30, 2024 96,603