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CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Securities carried at fair value, cost $ 4,869,531 $ 3,311,433
Allowance for Credit Losses 61 0
Estimated Fair Value $ 99,619 $ 100,484
Common stock, par value (in dollars per share) $ 1 $ 1
Common stock, shares authorized (in shares) 60,000,000 60,000,000
Common stock, shares issued (in shares) 36,885,390 36,704,278
Obligations of states and political subdivisions    
Allowance for Credit Losses $ 61 $ 0
Estimated Fair Value $ 99,619 $ 100,484
Preferred Stock    
Preferred stock, par value (in dollars per share) $ 1 $ 1
Preferred stock, shares authorized (in shares) 6,104 6,104
Preferred stock, shares issued (in shares) 0 0
Preferred stock, shares outstanding (in shares) 0 0
Series A Junior Participating preferred stock    
Preferred stock, par value (in dollars per share) $ 1 $ 1
Preferred stock, shares authorized (in shares) 16,000 16,000
Preferred stock, shares issued (in shares) 0 0
Preferred stock, shares outstanding (in shares) 0 0
Series B Fixed Rate Cumulative Perpetual Preferred Stock    
Preferred stock, par value (in dollars per share) $ 1 $ 1
Preferred stock, shares authorized (in shares) 81,698 81,698
Preferred stock, shares issued (in shares) 0 0
Preferred stock, shares outstanding (in shares) 0 0
Series C Senior Non-Cumulative Perpetual Preferred Stock    
Preferred stock, par value (in dollars per share) $ 1 $ 1
Preferred stock, shares authorized (in shares) 81,698 81,698
Preferred stock, shares issued (in shares) 0 0
Preferred stock, shares outstanding (in shares) 0 0
Series D Senior Non-Cumulative Perpetual Convertible Preferred Stock    
Preferred stock, par value (in dollars per share) $ 1 $ 1
Preferred stock, shares authorized (in shares) 3,000 3,000
Preferred stock, shares issued (in shares) 0 0
Preferred stock, shares outstanding (in shares) 0 0
Series E Fixed-Rate Reset Cumulative Perpetual Preferred Stock    
Preferred stock, par value (in dollars per share) $ 1 $ 1
Preferred stock, shares authorized (in shares) 11,500 0
Preferred stock, shares issued (in shares) 11,500 0
Preferred stock, shares outstanding (in shares) 11,500 0