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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks $ 500,828 $ 561,202
Interest-bearing bank deposits 581,216 626,646
Federal funds sold 393 436
Securities available for sale, at fair value (amortized cost of $5,605,849 and $5,496,718) 4,965,214 4,915,195
Securities held to maturity (fair value of $2,347,957 and $2,485,918) 2,570,622 2,684,779
Loans held for sale (includes $26,051 and $13,269 measured at fair value) 27,354 26,124
Loans 23,911,616 23,921,917
Less: allowance for loan losses (316,148) (307,907)
Loans, net 23,595,468 23,614,010
Property and equipment, net of accumulated depreciation of $334,290 and $318,746 289,282 301,639
Right of use assets, net of accumulated amortization of $61,608 and $55,815 98,561 105,799
Prepaid expenses 54,668 45,234
Other real estate and foreclosed assets, net 2,114 3,628
Accrued interest receivable 154,394 157,179
Goodwill 855,453 855,453
Other intangible assets, net 39,722 44,637
Life insurance contracts 759,673 749,495
Funded pension assets, net 248,489 216,849
Deferred tax asset, net 166,390 153,384
Other assets 502,450 516,884
Total assets 35,412,291 35,578,573
Deposits    
Noninterest-bearing 10,642,213 11,030,515
Interest-bearing 18,558,505 18,659,544
Total deposits 29,200,718 29,690,059
Short-term borrowings 1,363,959 1,154,829
Long-term debt 236,393 236,317
Accrued interest payable 27,126 45,000
Lease liabilities 117,752 125,618
Other liabilities 545,625 523,089
Total liabilities 31,491,573 31,774,912
Stockholders' equity:    
Common stock 309,513 309,513
Capital surplus 1,732,084 1,739,671
Retained earnings 2,537,057 2,375,604
Accumulated other comprehensive loss, net (657,936) (621,127)
Total stockholders' equity 3,920,718 3,803,661
Total liabilities and stockholders' equity $ 35,412,291 $ 35,578,573
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 86,355,000 86,345,000