XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks $ 228,719 $ 275,554
Interest-bearing deposits with other banks and other short-term investments 359,675 47,459
Cash and cash equivalents 588,394 323,013
Time deposits in other financial institutions 1,050 1,240
Securities:    
Carried at fair value (cost of $4,395,743 at September 30, 2024, and $5,100,344 at December 31, 2023) 4,057,335 4,646,891
Held to maturity, net of allowance for credit losses of $0 at both September 30, 2024, and December 31, 2023 (fair value of $844,296 at September 30, 2024, and $816,399 at December 31, 2023) 839,623 838,241
Other investments, at cost 69,511 91,277
Loans held for sale 0 5,071
Loans receivable:    
Held to maturity 11,440,917 12,068,645
Allowance for credit losses (106,797) (122,566)
Loans receivable, net 11,334,120 11,946,079
Premises, furniture and equipment, net 145,276 177,001
Premises, furniture and equipment held for sale 9,864 4,069
Other real estate, net 6,805 12,548
Goodwill 576,005 576,005
Core deposit intangibles, net 14,157 18,415
Cash surrender value on life insurance 199,998 197,085
Other assets 430,155 574,772
TOTAL ASSETS 18,272,293 19,411,707
Deposits:    
Demand 4,009,218 4,500,304
Savings 8,926,192 8,805,597
Time 2,017,806 2,895,813
Total deposits 14,953,216 16,201,714
Borrowings 546,219 622,255
Term debt 373,324 372,396
Accrued expenses and other liabilities 259,161 282,225
TOTAL LIABILITIES 16,131,920 17,478,590
STOCKHOLDERS' EQUITY:    
Common stock (par value $1 per share; 60,000,000 shares authorized at both September 30, 2024, and December 31, 2023; issued 42,883,865 shares at September 30, 2024, and 42,688,008 shares at December 31, 2023) 42,884 42,688
Capital surplus 1,098,837 1,090,740
Retained earnings 1,252,247 1,141,501
Accumulated other comprehensive loss (364,300) (452,517)
TOTAL STOCKHOLDERS' EQUITY 2,140,373 1,933,117
TOTAL LIABILITIES AND EQUITY 18,272,293 19,411,707
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