v3.25.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets:    
Cash and due from banks $ 759,255 $ 722,906
Interest-bearing deposits 6,345,282 9,495,777
Federal funds sold 1,900 5,925
Resell agreements 9,650 9,650
Total cash and cash equivalents 7,116,087 10,234,258
Securities held to maturity, net of allowance for credit losses of $310 at both June 30, 2025 and December 31, 2024 3,486,290 3,533,775
Securities available for sale, at estimated fair value 16,612,686 15,043,625
Trading account securities 45,290 33,910
Loans, net of unearned discounts 21,254,495 20,754,813
Less: Allowance for credit losses on loans (277,803) (270,151)
Net loans 20,976,692 20,484,662
Premises and equipment, net 1,277,058 1,245,377
Accrued interest receivable and other assets 1,895,257 1,944,652
Total assets 51,409,360 52,520,259
Liabilities:    
Non-interest-bearing demand deposits 13,745,461 14,441,820
Interest-bearing deposits 27,938,153 28,280,928
Total deposits 41,683,614 42,722,748
Federal funds purchased 25,700 21,975
Repurchase agreements 4,418,379 4,342,941
Junior subordinated deferrable interest debentures, net of unamortized issuance costs 123,213 123,184
Subordinated notes, net of unamortized issuance costs 99,726 99,648
Accrued interest payable and other liabilities 858,418 1,311,175
Total liabilities 47,209,050 48,621,671
Shareholders’ Equity:    
Preferred stock, par value $0.01 per share; 10,000,000 shares authorized; 150,000 Series B shares ($1,000 liquidation preference) issued at both June 30, 2025 and December 31, 2024 145,452 145,452
Common stock, par value $0.01 per share; 210,000,000 shares authorized; 64,404,582 shares issued at both June 30, 2025 and December 31, 2024 644 644
Additional paid-in capital 1,084,485 1,075,572
Retained earnings 4,119,886 3,951,482
Accumulated other comprehensive income (loss), net of tax (1,140,472) (1,252,004)
Treasury stock, at cost; 85,305 shares at June 30, 2025 and 207,150 at December 31, 2024 (9,685) (22,558)
Total shareholders’ equity 4,200,310 3,898,588
Total liabilities and shareholders’ equity $ 51,409,360 $ 52,520,259