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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 241,137 $ 284,567
Federal funds sold and interest-bearing deposits in banks 1,304,636 833,565
Cash and cash equivalents 1,545,773 1,118,132
Debt securities available-for-sale, at fair value, net of allowance for credit losses of $80 and $75 1,424,081 1,500,060
Debt securities held-to-maturity, at amortized cost, net of allowance for credit losses of $— and $— (fair value of $115,689 and $114,538) 141,859 134,864
Other investments 104,957 110,992
Loans held for sale, at fair value 381,466 392,078
Loans, net of unearned income 20,201,079 19,855,253
Allowance for credit losses (290,104) (205,677)
Loans, net 19,910,975 19,649,576
Other real estate owned, net 3,397 843
Premises and equipment, net 217,564 220,283
Goodwill 1,015,646 1,015,646
Other intangible assets, net 92,375 106,194
Cash value of bank owned life insurance 393,769 388,405
Other assets 465,968 416,213
Total assets 25,697,830 25,053,286
Deposits:    
Noninterest-bearing 6,589,610 7,929,579
Interest-bearing 14,000,735 11,533,159
Total deposits 20,590,345 19,462,738
Other borrowings 1,209,553 1,875,736
Subordinated deferrable interest debentures 129,817 128,322
Other liabilities 421,046 389,090
Total liabilities 22,350,761 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; 72,514,047 and 72,263,727 shares issued 72,514 72,264
Capital surplus 1,942,852 1,935,211
Retained earnings 1,484,424 1,311,258
Accumulated other comprehensive loss, net of tax (60,818) (46,507)
Treasury stock, at cost, 3,375,586 and 2,894,677 shares (91,903) (74,826)
Total shareholders’ equity 3,347,069 3,197,400
Total liabilities and shareholders’ equity $ 25,697,830 $ 25,053,286