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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 563,736 $ 564,459
Interest-bearing bank deposits 673,650 323,332
Federal funds sold 513 728
Securities available for sale, at fair value (amortized cost of $6,151,183 and $6,310,214) 5,414,689 5,556,041
Securities held to maturity (fair value of $2,540,256 and $2,615,398 ) 2,780,990 2,852,495
Loans held for sale (includes $24,163 and $10,843 measured at fair value) 55,902 26,385
Loans 23,789,886 23,114,046
Less: allowance for loan losses (314,496) (307,789)
Loans, net 23,475,390 22,806,257
Property and equipment, net of accumulated depreciation of $310,257 and $303,451 326,534 328,605
Right of use assets, net of accumulated amortization of $49,510 and $44,901 106,399 96,884
Prepaid expenses 58,762 44,632
Other real estate and foreclosed assets, net 2,174 2,017
Accrued interest receivable 141,442 131,849
Goodwill 855,453 855,453
Other intangible assets, net 50,122 56,193
Life insurance contracts 740,626 729,774
Funded pension assets, net 216,149 216,818
Deferred tax asset, net 200,910 211,418
Other assets 546,707 380,485
Total assets 36,210,148 35,183,825
Deposits    
Noninterest-bearing 12,171,817 13,645,113
Interest-bearing 17,871,684 15,425,236
Total deposits 30,043,501 29,070,349
Short-term borrowings 1,629,538 1,871,271
Long-term debt 236,241 242,077
Accrued interest payable 35,639 9,935
Lease liabilities 125,750 116,422
Other liabilities 585,003 531,143
Total liabilities 32,655,672 31,841,197
Stockholders' equity:    
Common stock 309,513 309,513
Capital surplus 1,727,745 1,716,884
Retained earnings 2,280,004 2,088,413
Accumulated other comprehensive loss, net (762,786) (772,182)
Total stockholders' equity 3,554,476 3,342,628
Total liabilities and stockholders' equity $ 36,210,148 $ 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 86,123,000 85,941,000