v3.26.1
CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Assets:    
Cash and due from banks $ 384,922 $ 402,755
Money market investments:    
Time deposits with other banks 4,655,699 4,626,506
Total money market investments 4,655,699 4,626,506
Trading account debt securities, at fair value 30,449 36,569
Debt securities available-for-sale, at fair value:    
Pledged securities with creditors' right to repledge 30,289 30,687
Other debt securities available-for-sale 21,702,980 20,544,285
Debt securities available-for-sale, net 21,733,269 20,574,972
Debt securities held-to-maturity, at amortized cost:    
Pledged securities with creditors' right to repledge 4,705 9,298
Other debt securities held-to-maturity 6,957,954 7,318,231
Debt securities held-to-maturity (fair value 2026 - $6,963,223; 2025 - $7,363,587) 6,962,659 7,327,529
Less - Allowance for credit losses 5,900 5,812
Debt securities held-to-maturity, net 6,956,759 7,321,717
Equity securities (realizable value 2026 - $217,696; 2025 - $230,388) 217,167 229,848
Loans held-for-sale, at fair value 5,603 9,998
Loans held-in-portfolio 39,703,844 39,749,142
Less - Unearned income 414,142 421,624
Allowance for credit losses 823,729 808,056
Total loans held-in-portfolio, net 38,465,973 38,519,462
Premises and equipment, net 706,233 685,820
Other real estate 45,680 42,433
Accrued income receivable 308,617 300,824
Mortgage servicing rights, at fair value 94,232 96,356
Other assets 1,731,769 1,705,977
Goodwill 789,954 789,954
Other intangible assets 4,692 5,076
Total assets 76,131,018 75,348,267
Deposits:    
Non-interest bearing 15,785,788 15,304,209
Interest bearing 51,825,528 50,885,884
Total deposits 67,611,316 66,190,093
Assets sold under agreements to repurchase 34,576 39,001
Other short-term borrowings 350,000 650,000
Notes payable 734,981 759,577
Other liabilities 1,089,059 1,460,517
Total liabilities 69,819,932 69,099,188
Commitments and contingencies
Stockholders' equity:    
Preferred stock, 30,000,000 shares authorized; 885,726 shares issued and outstanding (2025 - 885,726) 22,143 22,143
Common stock, $0.01 par value; 170,000,000 shares authorized;104,936,510 shares issued (2025 - 104,921,229) and 64,654,788 shares outstanding (2025 - 65,719,385) 1,049 1,049
Surplus 4,928,636 4,924,296
Retained earnings 5,403,176 5,206,497
Treasury stock - at cost, 40,281,722 shares (2025 - 39,201,844) (2,875,230) (2,722,819)
Accumulated other comprehensive loss, net of tax (1,168,688) (1,182,087)
Total stockholders' equity 6,311,086 6,249,079
Total liabilities and stockholders' equity $ 76,131,018 $ 75,348,267