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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 274,354 $ 309,045
Interest bearing deposits with other banks and other short-term investments 87,757 54,042
Cash and cash equivalents 362,111 363,087
Time deposits in other financial institutions 1,740 1,740
Securities:    
Carried at fair value (cost of $6,670,971 at March 31, 2023, and $6,788,729 at December 31, 2022) 6,096,657 6,147,144
Held to maturity, net of allowance for credit losses of $0 at both March 31, 2023, and December 31, 2022 (fair value of $815,672 at March 31, 2023, and $776,557 at December 31, 2022) 832,098 829,403
Other investments, at cost 72,364 74,567
Loans held for sale 10,425 5,277
Loans receivable:    
Held to maturity 11,495,353 11,428,352
Allowance for credit losses (112,707) (109,483)
Loans receivable, net 11,382,646 11,318,869
Premises, furniture and equipment, net 186,868 190,479
Premises, furniture and equipment held for sale 4,399 6,851
Other real estate, net 7,438 8,401
Goodwill 576,005 576,005
Core deposit intangibles and customer relationship intangibles, net 23,366 25,154
Servicing rights, net 0 7,840
Cash surrender value on life insurance 194,419 193,403
Other assets 432,008 496,008
TOTAL ASSETS 20,182,544 20,244,228
Deposits:    
Demand 5,119,554 5,701,340
Savings 9,256,609 9,994,391
Time 3,305,183 1,817,278
Total deposits 17,681,346 17,513,009
Short-term borrowings 92,337 376,117
Other borrowings 372,097 371,753
Accrued expenses and other liabilities 207,359 248,294
TOTAL LIABILITIES 18,353,139 18,509,173
STOCKHOLDERS' EQUITY:    
Common stock (par value $1 per share; 60,000,000 shares authorized at both March 31, 2023, and December 31, 2022; issued 42,558,726 shares at March 31, 2023, and 42,467,394 shares at December 31, 2022) 42,559 42,467
Capital surplus 1,084,112 1,080,964
Retained earnings 1,158,948 1,120,925
Accumulated other comprehensive loss (566,919) (620,006)
TOTAL STOCKHOLDERS' EQUITY 1,829,405 1,735,055
TOTAL LIABILITIES AND EQUITY 20,182,544 20,244,228
Preferred Stock    
STOCKHOLDERS' EQUITY:    
Preferred stock 0 0
Series A Junior Participating preferred stock    
STOCKHOLDERS' EQUITY:    
Preferred stock 0 0
Series B Fixed Rate Cumulative Perpetual Preferred Stock    
STOCKHOLDERS' EQUITY:    
Preferred stock 0 0
Series C Senior Non-Cumulative Perpetual Preferred Stock    
STOCKHOLDERS' EQUITY:    
Preferred stock 0 0
Series D Senior Non-Cumulative Perpetual Convertible Preferred Stock    
STOCKHOLDERS' EQUITY:    
Preferred stock 0 0
Series E Fixed-Rate Reset Cumulative Perpetual Preferred Stock    
STOCKHOLDERS' EQUITY:    
Preferred stock $ 110,705 $ 110,705