v3.26.1
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 388,741 $ 315,166
Interest bearing deposits with banks 578,148 1,268,399
Investment securities:    
Equity securities 88,541 82,774
Trading debt securities 26,493 0
Available for sale debt securities 4,292,148 4,202,218
Held to maturity debt securities (net of allowance for credit losses of $744 at June 30, 2026 and $734 at December 31, 2025) 3,757,200 3,495,837
Total investment securities 8,164,382 7,780,829
Loans held for sale (includes fair value of $4,940 at June 30, 2026 and $8,212 at December 31, 2025 for loans originated for sale) 13,690 26,236
Loans 52,467,251 50,136,728
Less: Allowance for loan losses (590,600) (583,400)
Net loans 51,876,651 49,553,328
Premises and equipment, net 316,364 330,757
Lease right of use assets 298,807 313,891
Bank owned life insurance 742,230 738,090
Accrued interest receivable 250,703 243,897
Goodwill 1,868,936 1,868,936
Other intangible assets, net 89,199 100,875
Other assets 1,730,457 1,592,321
Total Assets 66,318,308 64,132,725
Deposits:    
Non-interest bearing 12,549,527 12,155,500
Interest bearing:    
Savings, NOW and money market 28,666,443 28,603,470
Time 12,902,637 11,424,123
Total deposits 54,118,607 52,183,093
Short-term borrowings 433,484 91,475
Long-term borrowings 2,607,222 2,908,579
Junior subordinated debentures issued to capital trusts 57,977 57,803
Lease liabilities 355,482 372,448
Accrued expenses and other liabilities 828,392 711,629
Total Liabilities 58,401,164 56,325,027
Shareholders’ Equity    
Common stock (no par value, authorized 650,000,000 shares; issued 560,878,750 shares at June 30, 2026 and December 31, 2025) 196,730 196,730
Surplus 5,458,768 5,464,845
Retained earnings 2,103,922 1,912,933
Accumulated other comprehensive loss (99,617) (74,379)
Treasury stock, at cost (7,809,650 common shares at June 30, 2026 and 4,260,729 common shares at December 31, 2025) (97,004) (46,776)
Total Shareholders’ Equity 7,917,144 7,807,698
Total Liabilities and Shareholders’ Equity 66,318,308 64,132,725
Series A    
Shareholders’ Equity    
Preferred stock, no par value; 50,000,000 authorized shares: 111,590 111,590
Series B    
Shareholders’ Equity    
Preferred stock, no par value; 50,000,000 authorized shares: 98,101 98,101
Series C    
Shareholders’ Equity    
Preferred stock, no par value; 50,000,000 authorized shares: $ 144,654 $ 144,654