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Consolidated Balance Sheet - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 1,517,244 $ 1,337,577
Interest-bearing deposits at banks 24,958,719 41,872,304
Federal funds sold 3,000  
Trading account 117,847 49,745
Investment securities    
Available for sale (cost: $11,193,152 at December 31, 2022; $3,849,347 at December 31, 2021) 10,748,961 3,955,804
Held to maturity (fair value: $12,375,420 at December 31, 2022; $2,771,290 at December 31, 2021) 13,529,969 2,734,674
Equity and other securities (cost: $933,766 at December 31, 2022; $461,516 at December 31, 2021) 931,941 465,382
Total investment securities 25,210,871 7,155,860
Loans and leases 132,074,156 93,136,678
Unearned discount (509,993) (224,226)
Loans and leases, net of unearned discount 131,564,163 92,912,452
Allowance for credit losses (1,925,331) (1,469,226)
Loans and leases, net 129,638,832 91,443,226
Premises and equipment 1,653,628 1,144,765
Goodwill 8,490,089 4,593,112
Core deposit and other intangible assets 209,374 3,998
Accrued interest and other assets 8,930,237 7,506,573
Total assets 200,729,841 155,107,160
Liabilities    
Noninterest-bearing deposits 65,501,860 60,131,480
Savings and interest-checking deposits 87,911,463 68,603,966
Time deposits 10,101,545 2,807,963
Total deposits 163,514,868 131,543,409
Short-term borrowings 3,554,951 47,046
Accrued interest and other liabilities 4,377,495 2,127,931
Long-term borrowings 3,964,537 3,485,369
Total liabilities 175,411,851 137,203,755
Shareholders' equity    
Preferred stock, $1.00 par, 20,000,000 shares authorized; Issued and outstanding: Liquidation preference of $1,000 per share: 350,000 shares at December 31, 2022 and December 31, 2021; Liquidation preference of $10,000 per share: 140,000 shares at December 31, 2022 and 2021; Liquidation preference of $25 per share: 10,000,000 shares at December 31, 2022 2,010,600 1,750,000
Common stock, $.50 par, 250,000,000 shares authorized, 179,436,779 shares issued at December 31, 2022 and 159,741,898 shares issued at December 31, 2021 89,718 79,871
Common stock issuable, 14,031 shares at December 31, 2022; 15,769 shares at December 31, 2021 1,112 1,212
Additional paid-in capital 10,002,891 6,635,000
Retained earnings 15,753,978 14,646,448
Accumulated other comprehensive income (loss), net (790,030) (127,578)
Treasury stock - common, at cost - 10,165,419 shares at December 31, 2022; 31,052,845 shares at December 31, 2021 (1,750,279) (5,081,548)
Total shareholders’ equity 25,317,990 17,903,405
Total liabilities and shareholders’ equity $ 200,729,841 $ 155,107,160