v3.25.2
Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Total
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Treasury Stock, Common
Total shareholders’ equity at beginning of period at Dec. 31, 2023 $ 3,716,447 $ 145,452 $ 644 $ 1,055,809 $ 3,657,688 $ (1,119,219) $ (23,927)
Net income 281,189       281,189    
Other comprehensive income (loss) (190,125)         (190,125)  
Stock option exercises/stock unit conversions (36,942 shares QTD and 140,878 shares YTD in 2025 and 38,452 shares QTD and 122,628 shares YTD in 2024) 5,209       (5,919)   11,128
Stock compensation expense recognized in earnings 8,261     8,261      
Purchase of treasury stock (606 shares QTD and 19,033 shares YTD in 2025 and 301,094 shares QTD and 319,287 shares YTD in 2024) (32,226)           (32,226)
Cash dividends – preferred stock (approximately $11.13 per share which is equivalent to approximately $0.28 per depository share QTD and $22.25 per share which is equivalent to approximately $0.56 per depository share YTD in both 2025 and 2024, respectively.) (3,338)       (3,338)    
Cash dividends – common stock ($1.00 per share QTD and $1.95 per share YTD in 2025 and $0.92 per share QTD and $1.84 per share YTD in 2024) (119,612)       (119,612)    
Total shareholders’ equity at end of period at Jun. 30, 2024 3,665,805 145,452 644 1,064,070 3,810,008 (1,309,344) (45,025)
Total shareholders’ equity at beginning of period at Mar. 31, 2024 3,638,180 145,452 644 1,059,547 3,726,559 (1,276,283) (17,739)
Net income 145,499       145,499    
Other comprehensive income (loss) (33,061)         (33,061)  
Stock option exercises/stock unit conversions (36,942 shares QTD and 140,878 shares YTD in 2025 and 38,452 shares QTD and 122,628 shares YTD in 2024) 2,294       (573)   2,867
Stock compensation expense recognized in earnings 4,523     4,523      
Purchase of treasury stock (606 shares QTD and 19,033 shares YTD in 2025 and 301,094 shares QTD and 319,287 shares YTD in 2024) (30,153)           (30,153)
Cash dividends – preferred stock (approximately $11.13 per share which is equivalent to approximately $0.28 per depository share QTD and $22.25 per share which is equivalent to approximately $0.56 per depository share YTD in both 2025 and 2024, respectively.) (1,669)       (1,669)    
Cash dividends – common stock ($1.00 per share QTD and $1.95 per share YTD in 2025 and $0.92 per share QTD and $1.84 per share YTD in 2024) (59,808)       (59,808)    
Total shareholders’ equity at end of period at Jun. 30, 2024 3,665,805 145,452 644 1,064,070 3,810,008 (1,309,344) (45,025)
Total shareholders’ equity at beginning of period at Dec. 31, 2024 3,898,588 145,452 644 1,075,572 3,951,482 (1,252,004) (22,558)
Net income 307,925       307,925    
Other comprehensive income (loss) 111,532         111,532  
Stock option exercises/stock unit conversions (36,942 shares QTD and 140,878 shares YTD in 2025 and 38,452 shares QTD and 122,628 shares YTD in 2024) 5,956       (9,593)   15,549
Stock compensation expense recognized in earnings 8,913     8,913      
Purchase of treasury stock (606 shares QTD and 19,033 shares YTD in 2025 and 301,094 shares QTD and 319,287 shares YTD in 2024) (2,676)           (2,676)
Cash dividends – preferred stock (approximately $11.13 per share which is equivalent to approximately $0.28 per depository share QTD and $22.25 per share which is equivalent to approximately $0.56 per depository share YTD in both 2025 and 2024, respectively.) (3,338)       (3,338)    
Cash dividends – common stock ($1.00 per share QTD and $1.95 per share YTD in 2025 and $0.92 per share QTD and $1.84 per share YTD in 2024) (126,590)       (126,590)    
Total shareholders’ equity at end of period at Jun. 30, 2025 4,200,310 145,452 644 1,084,485 4,119,886 (1,140,472) (9,685)
Total shareholders’ equity at beginning of period at Mar. 31, 2025 4,114,160 145,452 644 1,079,653 4,031,422 (1,129,211) (13,800)
Net income 157,003       157,003    
Other comprehensive income (loss) (11,261)         (11,261)  
Stock option exercises/stock unit conversions (36,942 shares QTD and 140,878 shares YTD in 2025 and 38,452 shares QTD and 122,628 shares YTD in 2024) 2,248       (1,943)   4,191
Stock compensation expense recognized in earnings 4,832     4,832      
Purchase of treasury stock (606 shares QTD and 19,033 shares YTD in 2025 and 301,094 shares QTD and 319,287 shares YTD in 2024) (76)           (76)
Cash dividends – preferred stock (approximately $11.13 per share which is equivalent to approximately $0.28 per depository share QTD and $22.25 per share which is equivalent to approximately $0.56 per depository share YTD in both 2025 and 2024, respectively.) (1,669)       (1,669)    
Cash dividends – common stock ($1.00 per share QTD and $1.95 per share YTD in 2025 and $0.92 per share QTD and $1.84 per share YTD in 2024) (64,927)       (64,927)    
Total shareholders’ equity at end of period at Jun. 30, 2025 $ 4,200,310 $ 145,452 $ 644 $ 1,084,485 $ 4,119,886 $ (1,140,472) $ (9,685)