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Consolidated Statements of Changes in Shareholders' Equity (unaudited) - USD ($)
$ in Thousands
Common Stock
Surplus
Retained Earnings
Cumulative Effect of Adoption of ASU
Retained Earnings
Accumulated Other Comprehensive Loss
Cumulative Effect of Adoption of ASU
Total
Balance at Dec. 31, 2022 $ 189,261 $ 4,215,712   $ 1,347,042 $ (677,088)   $ 5,074,927
Balance (in shares) at Dec. 31, 2022 75,704,563            
Increase (Decrease) in Stockholders' Equity              
Net Income (Loss)       387,517     387,517
Other comprehensive income (loss), net of tax effects         (138,801)   (138,801)
Total comprehensive income (loss)             248,716
Cash dividends declared on common stock per share       (115,400)     (115,400)
Cash dividend equivalents paid on restricted stock units       (1,079)     (1,079)
Employee stock purchases $ 52 1,304         1,356
Employee stock purchases (in shares) 20,903            
Stock options exercised $ 68 1,324         1,392
Stock options exercised (in shares) 27,156            
Restricted stock awards (forfeits) $ (7) 7          
Restricted stock awards (forfeits) (in shares) (2,559)            
Stock issued pursuant to restricted stock units $ 927 (927)          
Stock issued pursuant to restricted stock units (in shares) 370,493            
Common stock repurchased $ (258) (7,151)         (7,409)
Common stock repurchased (in shares) (103,190)            
Share-based compensation expense   28,484         28,484
Balance at Sep. 30, 2023 $ 190,043 4,238,753   1,618,080 (815,889)   5,230,987
Balance (in shares) at Sep. 30, 2023 76,017,366            
Balance at Jun. 30, 2023 $ 189,990 4,228,910   1,533,508 (662,398)   5,290,010
Balance (in shares) at Jun. 30, 2023 75,995,979            
Increase (Decrease) in Stockholders' Equity              
Net Income (Loss)       124,144     124,144
Other comprehensive income (loss), net of tax effects         (153,491)   (153,491)
Total comprehensive income (loss)             (29,347)
Cash dividends declared on common stock per share       (39,526)     (39,526)
Cash dividend equivalents paid on restricted stock units       (46)     (46)
Employee stock purchases $ 28 681         709
Employee stock purchases (in shares) 11,341            
Stock options exercised $ 9 210         219
Stock options exercised (in shares) 3,640            
Restricted stock awards (forfeits) $ (1) 1          
Restricted stock awards (forfeits) (in shares) (206)            
Stock issued pursuant to restricted stock units $ 30 (30)          
Stock issued pursuant to restricted stock units (in shares) 11,709            
Common stock repurchased $ (13) (374)         (387)
Common stock repurchased (in shares) (5,097)            
Share-based compensation expense   9,355         9,355
Balance at Sep. 30, 2023 $ 190,043 4,238,753   1,618,080 (815,889)   5,230,987
Balance (in shares) at Sep. 30, 2023 76,017,366            
Balance at Dec. 31, 2023 $ 190,055 4,240,413   1,685,166 (582,536)   $ 5,533,098
Balance (in shares) at Dec. 31, 2023 76,022,039           76,022,039
Increase (Decrease) in Stockholders' Equity              
Net Income (Loss)       390,605     $ 390,605
Other comprehensive income (loss), net of tax effects         102,896   102,896
Total comprehensive income (loss)             493,501
Cash dividends declared on common stock per share       (120,391)     (120,391)
Cash dividend equivalents paid on restricted stock units       (1,260)     (1,260)
Employee stock purchases $ 49 1,435         1,484
Employee stock purchases (in shares) 19,484            
Stock options exercised $ 126 3,867         3,993
Stock options exercised (in shares) 50,155            
Restricted stock awards (forfeits) $ (2) 2          
Restricted stock awards (forfeits) (in shares) (316)            
Stock issued pursuant to restricted stock units $ 950 (950)          
Stock issued pursuant to restricted stock units (in shares) 380,151            
Stock issued in lieu of cash - directors fees $ 6 180         186
Stock issued in lieu of cash - directors fees (in shares) 2,211            
Common stock repurchased - buyback plan $ (250) (7,735)         (7,985)
Common stock repurchased - buyback plan (in shares) (100,000)            
Common stock repurchased $ (260) (8,438)         (8,698)
Common stock repurchased (in shares) (104,147)            
Share-based compensation expense   20,898         20,898
Balance (ASU 2023-02) at Sep. 30, 2024     $ (10,246)     $ (10,246)  
Balance at Sep. 30, 2024 $ 190,674 4,249,672   1,943,874 (479,640)   $ 5,904,580
Balance (in shares) at Sep. 30, 2024 76,269,577           76,269,577
Balance at Jun. 30, 2024 $ 190,489 4,238,192   1,841,933 (620,211)   $ 5,650,403
Balance (in shares) at Jun. 30, 2024 76,195,723            
Increase (Decrease) in Stockholders' Equity              
Net Income (Loss)       143,179     143,179
Other comprehensive income (loss), net of tax effects         140,571   140,571
Total comprehensive income (loss)             283,750
Cash dividends declared on common stock per share       (41,174)     (41,174)
Cash dividend equivalents paid on restricted stock units       (64)     (64)
Employee stock purchases $ 26 728         754
Employee stock purchases (in shares) 10,392            
Stock options exercised $ 107 3,445         3,552
Stock options exercised (in shares) 42,707            
Stock issued pursuant to restricted stock units $ 66 (66)          
Stock issued pursuant to restricted stock units (in shares) 26,476            
Stock issued in lieu of cash - directors fees $ 3 90         93
Stock issued in lieu of cash - directors fees (in shares) 1,063            
Common stock repurchased $ (17) (588)         (605)
Common stock repurchased (in shares) (6,784)            
Share-based compensation expense   7,871         7,871
Balance (ASU 2023-02) at Sep. 30, 2024     $ (10,246)     $ (10,246)  
Balance at Sep. 30, 2024 $ 190,674 $ 4,249,672   $ 1,943,874 $ (479,640)   $ 5,904,580
Balance (in shares) at Sep. 30, 2024 76,269,577           76,269,577