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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Preferred Series A
Preferred Series B
Common Stock
Preferred Stock
Common Stock
Surplus
Retained Earnings
Retained Earnings
Preferred Series A
Retained Earnings
Preferred Series B
Retained Earnings
Common Stock
Accumulated Other Comprehensive Loss
Treasury Stock
Beginning balance at Dec. 31, 2020 $ 4,592,120       $ 209,691 $ 141,746 $ 3,637,468 $ 611,158       $ (7,718) $ (225)
Beginning balance (in shares) at Dec. 31, 2020           403,859              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income 115,710             115,710          
Other comprehensive income (loss), net of tax (9,287)                     (9,287)  
Cash dividends declared:                          
Cash dividends declared on preferred stock   $ (1,797) $ (1,375)           $ (1,797) $ (1,375)      
Cash dividends declared on common stock       $ (45,281)             $ (45,281)    
Effect of stock incentive plan, net (in shares)           1,939              
Effect of stock incentive plan, net 9,580         $ 689 14,480 (5,764)         175
Ending balance at Mar. 31, 2021 4,659,670       209,691 $ 142,435 3,651,948 672,651       (17,005) (50)
Ending balance (in shares) at Mar. 31, 2021           405,798              
Beginning balance at Dec. 31, 2020 4,592,120       209,691 $ 141,746 3,637,468 611,158       (7,718) (225)
Beginning balance (in shares) at Dec. 31, 2020           403,859              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income 236,222                        
Ending balance at Jun. 30, 2021 4,737,807       209,691 $ 142,550 3,658,636 744,768       (17,735) (103)
Ending balance (in shares) at Jun. 30, 2021           406,084              
Beginning balance at Mar. 31, 2021 4,659,670       209,691 $ 142,435 3,651,948 672,651       (17,005) (50)
Beginning balance (in shares) at Mar. 31, 2021           405,798              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income 120,512             120,512          
Other comprehensive income (loss), net of tax (730)                     (730)  
Cash dividends declared:                          
Cash dividends declared on preferred stock   (1,797) (1,375)           (1,797) (1,375)      
Cash dividends declared on common stock       (45,093)             (45,093)    
Effect of stock incentive plan, net (in shares)           286              
Effect of stock incentive plan, net 6,620         $ 115 6,688 (130)         (53)
Ending balance at Jun. 30, 2021 4,737,807       209,691 $ 142,550 3,658,636 744,768       (17,735) (103)
Ending balance (in shares) at Jun. 30, 2021           406,084              
Beginning balance at Dec. 31, 2021 5,084,066       209,691 $ 148,482 3,883,035 883,645       (17,932) (22,855)
Beginning balance (in shares) at Dec. 31, 2021           421,437              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income 116,728             116,728          
Other comprehensive income (loss), net of tax (38,166)                     (38,166)  
Cash dividends declared:                          
Cash dividends declared on preferred stock   (1,797) (1,375)           (1,797) (1,375)      
Cash dividends declared on common stock       (46,803)             (46,803)    
Effect of stock incentive plan, net (in shares)           972              
Effect of stock incentive plan, net (2,752)           (10,799) (5,173)         13,220
Purchase of treasury stock (in shares)           (1,015)              
Purchase of treasury stock (13,517)                       (13,517)
Ending balance at Mar. 31, 2022 5,096,384       209,691 $ 148,482 3,872,236 945,225       (56,098) (23,152)
Ending balance (in shares) at Mar. 31, 2022           421,394              
Beginning balance at Dec. 31, 2021 5,084,066       209,691 $ 148,482 3,883,035 883,645       (17,932) (22,855)
Beginning balance (in shares) at Dec. 31, 2021           421,437              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income 213,141                        
Ending balance at Jun. 30, 2022 6,204,913       209,691 $ 178,185 4,965,488 982,146       (108,337) (22,260)
Ending balance (in shares) at Jun. 30, 2022           506,329              
Beginning balance at Mar. 31, 2022 5,096,384       209,691 $ 148,482 3,872,236 945,225       (56,098) (23,152)
Beginning balance (in shares) at Mar. 31, 2022           421,394              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income 96,413             96,413          
Other comprehensive income (loss), net of tax (52,239)                     (52,239)  
Cash dividends declared:                          
Cash dividends declared on preferred stock   $ (1,797) $ (1,375)           $ (1,797) $ (1,375)      
Cash dividends declared on common stock       $ (56,211)             $ (56,211)    
Effect of stock incentive plan, net (in shares)           72              
Effect of stock incentive plan, net 5,909         $ 1 5,125 (109)         892
Stock issued during period, shares, acquisitions (in shares)           84,863              
Stock issued during period, value, acquisitions 1,117,829         $ 29,702 1,088,127            
Ending balance at Jun. 30, 2022 $ 6,204,913       $ 209,691 $ 178,185 $ 4,965,488 $ 982,146       $ (108,337) $ (22,260)
Ending balance (in shares) at Jun. 30, 2022           506,329