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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks $ 569,876 $ 561,202
Interest-bearing bank deposits 794,807 626,646
Federal funds sold 424 436
Securities available for sale, at fair value (amortized cost of $5,745,280 and $5,496,718) 5,296,147 4,915,195
Securities held to maturity (fair value of $2,325,258 and $2,485,918) 2,473,633 2,684,779
Loans held for sale (includes $23,462 and $13,269 measured at fair value) 24,624 26,124
Loans 23,455,587 23,921,917
Less: allowance for loan losses (317,271) (307,907)
Loans, net 23,138,316 23,614,010
Property and equipment, net of accumulated depreciation of $340,871 and $318,746 284,928 301,639
Right of use assets, net of accumulated amortization of $63,942 and $55,815 99,779 105,799
Prepaid expenses 50,091 45,234
Other real estate and foreclosed assets, net 27,732 3,628
Accrued interest receivable 148,078 157,179
Goodwill 855,453 855,453
Other intangible assets, net 37,430 44,637
Life insurance contracts 765,342 749,495
Funded pension assets, net 252,570 216,849
Deferred tax asset, net 107,842 153,384
Other assets 311,035 516,884
Total assets 35,238,107 35,578,573
Deposits    
Noninterest-bearing 10,499,476 11,030,515
Interest-bearing 18,483,429 18,659,544
Total deposits 28,982,905 29,690,059
Short-term borrowings 1,265,944 1,154,829
Long-term debt 236,431 236,317
Accrued interest payable 26,910 45,000
Lease liabilities 118,714 125,618
Other liabilities 432,516 523,089
Total liabilities 31,063,420 31,774,912
Stockholders' equity:    
Common stock 309,513 309,513
Capital surplus 1,723,086 1,739,671
Retained earnings 2,617,584 2,375,604
Accumulated other comprehensive loss, net (475,496) (621,127)
Total stockholders' equity 4,174,687 3,803,661
Total liabilities and stockholders' equity $ 35,238,107 $ 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 86,136,000 86,345,000