v3.25.2
Consolidated Statements of Condition (Unaudited) - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 731,918,000 $ 352,652,000
Investment securities:    
Held to maturity debt securities (Market value of $4,400 on June 30, 2025 and $4,400 on December 31, 2024) 4,400,000 4,400,000
Available for sale debt securities (Amortized cost of $5,397,670 on June 30, 2025 and $5,472,310 on December 31, 2024) 5,009,843,000 4,987,916,000
Equity securities with readily determinable fair values 5,483,000 5,394,000
Total investment securities 5,019,726,000 4,997,710,000
Loans 9,138,620,000 8,809,826,000
Less allowance for credit losses (154,983,000) (156,537,000)
Net loans 8,983,637,000 8,653,289,000
Bank premises and equipment, net 428,364,000 428,221,000
Accrued interest receivable 74,842,000 72,175,000
Other investments 375,686,000 356,735,000
Cash surrender value of life insurance policies 307,148,000 303,042,000
Goodwill 282,532,000 282,532,000
Other assets 258,461,000 292,496,000
Total assets 16,462,314,000 15,738,852,000
Deposits:    
Demand-non-interest bearing 4,719,972,000 4,612,344,000
Savings and interest bearing demand 4,739,099,000 4,599,957,000
Time 3,015,589,000 2,899,543,000
Total deposits 12,474,660,000 12,111,844,000
Securities sold under repurchase agreements 616,154,000 535,322,000
Other borrowed funds 60,437,000 10,541,000
Junior subordinated deferrable interest debentures 108,868,000 108,868,000
Other liabilities 180,126,000 175,570,000
Total liabilities 13,440,245,000 12,942,145,000
Shareholders' equity:    
Common shares of $1.00 par value. Authorized 275,000,000 shares; issued 96,639,895 shares on June 30, 2025 and 96,616,673 shares on December 31, 2024 96,640,000 96,617,000
Surplus 160,169,000 159,333,000
Retained earnings 3,509,661,000 3,356,177,000
Accumulated other comprehensive loss (303,489,000) (379,054,000)
Total shareholders' equity before treasury stock 3,462,981,000 3,233,073,000
Less cost of shares in treasury, 34,489,206 shares on June 30, 2025 and 34,407,674 on December 31, 2024 (440,912,000) (436,366,000)
Total shareholders' equity 3,022,069,000 2,796,707,000
Total liabilities and shareholders' equity $ 16,462,314,000 $ 15,738,852,000