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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and due from banks $ 510,347 $ 574,910
Interest-bearing bank deposits 841,067 939,306
Federal funds sold 391 409
Securities available for sale, at fair value (amortized cost of $5,845,045 and $5,774,133) 5,334,528 5,161,491
Securities held to maturity (fair value of $2,194,627 and $2,233,526) 2,360,441 2,435,663
Loans held for sale (includes $25,935 and $18,929 measured at fair value) 26,596 21,525
Loans 23,098,146 23,299,447
Less: allowance for loan losses (318,119) (318,882)
Loans, net 22,780,027 22,980,565
Property and equipment, net of accumulated depreciation of $352,609 and $345,962 275,865 279,767
Right of use assets, net of accumulated amortization of $70,411 and $67,063 95,621 98,822
Prepaid expenses 51,068 45,763
Other real estate and foreclosed assets, net 26,690 27,797
Accrued interest receivable 140,526 143,237
Goodwill 855,453 855,453
Other intangible assets, net 33,110 35,224
Life insurance contracts 776,937 774,542
Funded pension assets, net 263,533 260,003
Deferred tax asset, net 104,991 146,567
Other assets 273,489 300,741
Total assets 34,750,680 35,081,785
Deposits    
Noninterest-bearing 10,614,874 10,597,461
Interest-bearing 18,579,859 18,895,390
Total deposits 29,194,733 29,492,851
Short-term borrowings 542,780 639,015
Long-term debt 210,582 210,544
Accrued interest payable 18,024 20,148
Lease liabilities 114,282 117,817
Other liabilities 391,607 473,774
Total liabilities 30,472,008 30,954,149
Stockholders' equity:    
Common stock 309,513 309,513
Capital surplus 1,699,474 1,719,609
Retained earnings 2,784,657 2,704,606
Accumulated other comprehensive loss, net (514,972) (606,092)
Total stockholders' equity 4,278,672 4,127,636
Total liabilities and stockholders' equity $ 34,750,680 $ 35,081,785
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 86,033,000 86,124,000