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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets:    
Cash and due from banks $ 640,201 $ 691,553
Interest-bearing deposits 8,571,723 11,128,902
Federal funds sold 5,200 120,527
Resell agreements 84,650 87,150
Total cash and cash equivalents 9,301,774 12,028,132
Securities held to maturity, net of allowance for credit losses of $262 at March 31, 2023 and $158 at December 31, 2022 3,711,579 2,639,083
Securities available for sale, at estimated fair value 17,981,830 18,243,605
Trading account securities 28,735 28,045
Loans, net of unearned discounts 17,486,020 17,154,969
Less: Allowance for credit losses on loans (231,514) (227,621)
Net loans 17,254,506 16,927,348
Premises and equipment, net 1,130,594 1,102,695
Goodwill 654,952 654,952
Other intangible assets, net 290 386
Cash surrender value of life insurance policies 190,601 190,188
Accrued interest receivable and other assets 990,797 1,077,942
Total assets 51,245,658 52,892,376
Liabilities:    
Non-interest-bearing demand deposits 15,995,499 17,598,234
Interest-bearing deposits 26,188,656 26,355,962
Total deposits 42,184,155 43,954,196
Federal funds purchased 57,450 51,650
Repurchase agreements 4,237,444 4,660,641
Junior Subordinated Notes 123,083 123,069
Subordinated notes, net of unamortized issuance costs 99,374 99,335
Accrued interest payable and other liabilities 1,076,351 866,257
Total liabilities 47,777,857 49,755,148
Shareholders’ Equity:    
Preferred stock, par value $0.01 per share; 10,000,000 shares authorized; 150,000 Series B shares ($1,000 liquidation preference) issued at March 31, 2023 and December 31, 2022 145,452 145,452
Common stock, par value $0.01 per share; 210,000,000 shares authorized; 64,404,582 shares issued at March 31, 2023 and 64,354,695 at December 31, 2022 644 643
Additional paid-in capital 1,035,961 1,029,756
Retained earnings 3,428,991 3,309,671
Accumulated other comprehensive income (loss), net of tax (1,142,138) (1,348,294)
Treasury stock, at cost; 8,683 shares at March 31, 2023 (1,109) 0
Total shareholders’ equity 3,467,801 3,137,228
Total liabilities and shareholders’ equity $ 51,245,658 $ 52,892,376