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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 322,321 $ 282,878
Interest-bearing deposits with other banks 1,032,959 3,474,365
Federal funds sold 1,067 927
Total cash and cash equivalents 1,356,347 3,758,170
Securities available for sale at estimated fair value (amortized cost-$5,142,448 at September 30, 2022 and $4,031,494 at December 31, 2021, allowance for credit losses of $0 at September 30, 2022 and December 31, 2021) 4,648,087 4,042,699
Securities held to maturity, net of allowance for credit losses of $19 at September 30, 2022 and December 31, 2021 (estimated fair value-$1,020 at September 30, 2022 and December 31, 2021) 1,001 1,001
Equity securities at estimated fair value 7,314 12,404
Other investment securities 267,292 239,645
Loans held for sale measured using fair value option 210,075 504,416
Loans and leases 19,722,485 18,051,307
Less: Unearned income (22,405) (27,659)
Loans and leases, net of unearned income 19,700,080 18,023,648
Less: Allowance for loan and lease losses (219,611) (216,016)
Net loans and leases 19,480,469 17,807,632
Bank premises and equipment 198,745 197,220
Operating lease right-of-use assets 74,043 81,942
Goodwill 1,888,889 1,886,494
Mortgage servicing rights, net of valuation allowance of $0 at September 30, 2022 and $883 at December 31, 2021 21,908 23,144
Bank-owned life insurance ("BOLI") 478,518 478,067
Accrued interest receivable, net of allowance for credit losses of $0 at September 30, 2022 and $8 at December 31, 2021 82,347 64,512
Other assets 333,440 231,556
TOTAL ASSETS 29,048,475 29,328,902
Deposits:    
Noninterest-bearing 7,618,823 7,496,560
Interest-bearing 15,244,554 15,853,703
Total deposits 22,863,377 23,350,263
Borrowings:    
Securities sold under agreements to repurchase 142,476 128,844
Federal Home Loan Bank ("FHLB") borrowings 1,010,846 532,199
Other long-term borrowings 286,462 285,195
Reserve for lending-related commitments 39,698 31,442
Operating lease liabilities 78,748 86,703
Accrued expenses and other liabilities 186,782 195,628
TOTAL LIABILITIES 24,608,389 24,610,274
Shareholders' Equity    
Preferred stock, $1.00 par value; Authorized-50,000,000 shares, none issued 0 0
Common stock, $2.50 par value; Authorized-200,000,000 shares; issued-141,897,873 and 141,360,266 at September 30, 2022 and December 31, 2021, respectively, including 7,266,226 and 4,967,508 shares in treasury at September 30, 2022 and December 31, 2021, respectively 354,745 353,402
Surplus 3,163,776 3,149,955
Retained earnings 1,524,265 1,390,777
Accumulated other comprehensive loss (352,304) (4,888)
Treasury stock, at cost (250,396) (170,618)
TOTAL SHAREHOLDERS' EQUITY 4,440,086 4,718,628
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 29,048,475 $ 29,328,902