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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 594,372 $ 564,459
Interest-bearing bank deposits 2,287,438 323,332
Federal funds sold 711 728
Securities available for sale, at fair value (amortized cost of $6,238,835 and $6,310,214) 5,565,620 5,556,041
Securities held to maturity (fair value of $2,623,760 and $2,615,398 ) 2,825,064 2,852,495
Loans held for sale (includes $14,923 and $10,843 measured at fair value) 23,436 26,385
Loans 23,404,523 23,114,046
Less: allowance for loan losses (309,385) (307,789)
Loans, net 23,095,138 22,806,257
Property and equipment, net of accumulated depreciation of $304,305 and $303,451 324,107 328,605
Right of use assets, net of accumulated amortization of $46,939 and $44,901 101,449 96,884
Prepaid expenses 54,540 44,632
Other real estate and foreclosed assets, net 1,976 2,017
Accrued interest receivable 141,704 131,849
Goodwill 855,453 855,453
Other intangible assets, net 53,080 56,193
Life insurance contracts 736,979 729,774
Funded pension assets, net 218,389 216,818
Deferred tax asset, net 187,975 211,418
Other assets 479,652 380,485
Total assets 37,547,083 35,183,825
Deposits    
Noninterest-bearing 12,860,027 13,645,113
Interest-bearing 16,753,043 15,425,236
Total deposits 29,613,070 29,070,349
Short-term borrowings 3,519,497 1,871,271
Long-term debt 242,115 242,077
Accrued interest payable 21,823 9,935
Lease liabilities 120,871 116,422
Other liabilities 498,475 531,143
Total liabilities 34,015,851 31,841,197
Stockholders' equity:    
Common stock 309,513 309,513
Capital surplus 1,720,623 1,716,884
Retained earnings 2,188,561 2,088,413
Accumulated other comprehensive loss, net (687,465) (772,182)
Total stockholders' equity 3,531,232 3,342,628
Total liabilities and stockholders' equity $ 37,547,083 $ 35,183,825
Preferred shares authorized (par value of $20.00 per share) 50,000,000 50,000,000
Common shares authorized (par value of $3.33 per share) 350,000,000 350,000,000
Common shares issued 92,947,000 92,947,000
Common shares outstanding 86,066,000 85,941,000