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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Assets    
AFS investment securities, at fair value $ 3,491,679 $ 2,742,025
HTM investment securities, net, at amortized cost 3,900,415 3,960,398
Equity Securities, FV-NI and without Readily Determinable Fair Value 35,937 25,216
FHLB and Federal Reserve Bank stocks, at cost 268,698 295,496
Residential loans held for sale 54,790 20,383
Loans 30,193,187 28,799,569
Allowance for loan losses (345,795) (312,720)
Tax credit and other investments 256,905 276,773
Premises and equipment, net 373,017 376,906
Goodwill 1,104,992 1,104,992
Other intangible assets, net 42,674 49,282
Mortgage servicing rights, net 89,131 77,351
Interest receivable 171,119 144,449
Other assets 608,068 547,621
Total assets 41,637,381 39,405,727
Liabilities and stockholders' equity    
Noninterest-bearing demand deposits 6,422,994 7,760,811
Interest-bearing deposits 25,700,332 21,875,343
Total deposits 32,123,326 29,636,154
Federal funds purchased and securities sold under agreements to repurchase 451,644 585,139
Commercial paper 0 20,798
FHLB advances 3,733,041 4,319,861
Allowance for unfunded commitments 34,776 38,776
Accrued expenses and other liabilities 637,491 541,438
Total liabilities 37,509,738 35,390,237
Stockholders’ equity    
Preferred equity 194,112 194,112
Common stock 1,752 1,752
Surplus 1,711,454 1,712,733
Retained earnings 3,074,014 2,904,882
Accumulated other comprehensive (loss) (339,140) (272,799)
Treasury stock, at cost (514,549) (525,190)
Total common equity 3,933,531 3,821,378
Total stockholders’ equity 4,127,643 4,015,490
Total liabilities and stockholders’ equity $ 41,637,381 $ 39,405,727
Preferred shares authorized (par value $1.00 per share) 750,000 750,000
Preferred shares issued and outstanding 200,000 200,000
Common shares authorized (par value $0.01 per share) 250,000,000 250,000,000
Common shares issued 175,216,409 175,216,409
Common shares outstanding 150,951,209 150,444,019
Preferred shares, par value $ 1.00 $ 1.00
Common shares, par value $ 0.01 $ 0.01
Fair Value, Inputs, Level 2    
Assets    
AFS investment securities, at fair value $ 3,382,655 $ 2,632,647
Bank and corporate owned life insurance 679,775 676,530
Liabilities and stockholders' equity    
FHLB advances 3,733,041 4,319,861
Other long-term funding 529,459 248,071
Fair Value, Inputs, Level 3    
Assets    
Equity Securities, FV-NI and without Readily Determinable Fair Value 19,236 19,225
Loans, net 29,847,392 28,486,849
Mortgage servicing rights, net 89,131 77,351
Fair Value, Inputs, Level 1    
Assets    
Cash and due from banks 388,694 436,952
Interest-bearing deposits in other financial institutions 323,130 156,693
Federal funds sold and securities purchased under agreements to resell 965 27,810
AFS investment securities, at fair value $ 109,024 $ 109,378