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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets:    
Cash and due from banks $ 680,843 $ 691,553
Interest-bearing deposits 6,329,268 11,128,902
Federal funds sold 12,575 120,527
Resell agreements 84,650 87,150
Total cash and cash equivalents 7,107,336 12,028,132
Securities held to maturity, net of allowance for credit losses of $267 at June 30, 2023 and $158 at December 31, 2022 3,691,220 2,639,083
Securities available for sale, at estimated fair value 17,249,257 18,243,605
Trading account securities 32,517 28,045
Loans, net of unearned discounts 17,746,311 17,154,969
Less: Allowance for credit losses on loans (233,619) (227,621)
Net loans 17,512,692 16,927,348
Premises and equipment, net 1,154,235 1,102,695
Goodwill 654,952 654,952
Other intangible assets, net 208 386
Cash surrender value of life insurance policies 190,575 190,188
Accrued interest receivable and other assets 1,004,208 1,077,942
Total assets 48,597,200 52,892,376
Liabilities:    
Non-interest-bearing demand deposits 14,904,614 17,598,234
Interest-bearing deposits 25,796,216 26,355,962
Total deposits 40,700,830 43,954,196
Federal funds purchased 13,525 51,650
Repurchase agreements 3,569,870 4,660,641
Junior subordinated deferrable interest debentures, net of unamortized issuance costs 123,098 123,069
Subordinated notes, net of unamortized issuance costs 99,413 99,335
Accrued interest payable and other liabilities 703,722 866,257
Total liabilities 45,210,458 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 June 30, 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 June 30, 2023 and 64,354,695 at December 31, 2022 644 643
Additional paid-in capital 1,040,754 1,029,756
Retained earnings 3,532,542 3,309,671
Accumulated other comprehensive income (loss), net of tax (1,305,027) (1,348,294)
Treasury stock, at cost; 284,206 shares at June 30, 2023 (27,623) 0
Total shareholders’ equity 3,386,742 3,137,228
Total liabilities and shareholders’ equity $ 48,597,200 $ 52,892,376