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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 284,552 $ 284,567
Federal funds sold and interest-bearing deposits in banks 1,034,578 833,565
Cash and cash equivalents 1,319,130 1,118,132
Debt securities available-for-sale, at fair value, net of allowance for credit losses of $82 and $75 1,460,356 1,500,060
Debt securities held-to-maturity, at amortized cost, net of allowance for credit losses of $— and $— (fair value of $121,891 and $114,538) 142,513 134,864
Other investments 109,656 110,992
Loans held for sale, at fair value 391,472 392,078
Loans, net of unearned income 20,471,759 19,855,253
Allowance for credit losses (272,071) (205,677)
Loans, net 20,199,688 19,649,576
Other real estate owned, net 6,170 843
Premises and equipment, net 218,662 220,283
Goodwill 1,015,646 1,015,646
Other intangible assets, net 96,800 106,194
Cash value of bank owned life insurance 391,483 388,405
Other assets 449,042 416,213
Total assets 25,800,618 25,053,286
Deposits:    
Noninterest-bearing 6,706,897 7,929,579
Interest-bearing 13,736,228 11,533,159
Total deposits 20,443,125 19,462,738
Other borrowings 1,536,989 1,875,736
Subordinated deferrable interest debentures 129,319 128,322
Other liabilities 406,555 389,090
Total liabilities 22,515,988 21,855,886
Commitments and Contingencies (Note 8)
Shareholders’ Equity    
Preferred stock, stated value $1,000; 5,000,000 shares authorized; 0 shares issued and outstanding 0 0
Common stock, par value $1; 200,000,000 shares authorized; 72,514,630 and 72,263,727 shares issued 72,515 72,264
Capital surplus 1,939,865 1,935,211
Retained earnings 1,414,742 1,311,258
Accumulated other comprehensive loss, net of tax (50,618) (46,507)
Treasury stock, at cost, 3,374,847 and 2,894,677 shares (91,874) (74,826)
Total shareholders’ equity 3,284,630 3,197,400
Total liabilities and shareholders’ equity $ 25,800,618 $ 25,053,286