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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 224,302 $ 206,680
Interest-bearing balances with banks 627,604 594,671
Cash and cash equivalents 851,906 801,351
Securities held to maturity (net of allowance for credit losses of $32 at each of June 30, 2024 and December 31, 2023) (fair value of $1,052,705 and $1,121,830, respectively) 1,174,663 1,221,464
Securities available for sale, at fair value 749,685 923,279
Loans held for sale, at fair value 266,406 179,756
Loans, net of unearned income:    
Loans held for investment, net of unearned income 12,604,755 12,351,230
Allowance for credit losses on loans (199,871) (198,578)
Loans, net 12,404,884 12,152,652
Premises and equipment, net 280,966 283,195
Other real estate owned, net 7,366 9,622
Goodwill 991,665 991,665
Other intangible assets, net 16,397 18,795
Bank-owned life insurance 387,791 382,584
Mortgage servicing rights 72,092 91,688
Other assets 306,570 304,484
Total assets 17,510,391 17,360,535
Deposits    
Noninterest-bearing 3,539,453 3,583,675
Interest-bearing 10,715,760 10,493,110
Total deposits 14,255,213 14,076,785
Short-term borrowings 232,741 307,577
Long-term debt 428,677 429,400
Other liabilities 239,059 249,390
Total liabilities 15,155,690 15,063,152
Shareholders’ equity    
Preferred stock, $0.01 par value – 5,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $5.00 par value – 150,000,000 shares authorized; 59,296,725 shares issued; 56,367,924 and 56,142,207 shares outstanding, respectively 296,483 296,483
Treasury stock, at cost – 2,928,801 and 3,154,518 shares, respectively (97,534) (105,249)
Additional paid-in capital 1,304,782 1,308,281
Retained earnings 1,005,086 952,124
Accumulated other comprehensive loss, net of taxes (154,116) (154,256)
Total shareholders’ equity 2,354,701 2,297,383
Total liabilities and shareholders’ equity $ 17,510,391 $ 17,360,535