v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 277,719 $ 247,613
Interest-bearing deposits with other banks 1,802,184 2,293,279
Federal funds sold 1,400 1,358
Total cash and cash equivalents 2,081,303 2,542,250
Securities available for sale at estimated fair value (amortized cost-$3,531,722 at June 30, 2026 and $3,264,860 at December 31, 2025, allowance for credit losses of $0 at June 30, 2026 and December 31, 2025) 3,319,750 3,059,452
Securities held to maturity, net of allowance for credit losses of $14 at June 30, 2026 and $16 at December 31, 2025 (estimated fair value-$1,020 at June 30, 2026 and December 31, 2025) 1,006 1,004
Equity securities at estimated fair value 30,107 34,760
Other investment securities 308,168 305,184
Loans held for sale measured using fair value option 35,224 31,277
Loans and leases 25,006,238 24,720,620
Less: Unearned income (11,714) (11,498)
Loans and leases, net of unearned income 24,994,524 24,709,122
Less: Allowance for loan and lease losses (299,504) (297,518)
Net loans and leases 24,695,020 24,411,604
Bank premises and equipment 211,289 208,831
Operating lease right-of-use assets 92,772 89,312
Goodwill 2,018,848 2,018,848
Bank-owned life insurance ("BOLI") 558,032 547,127
Accrued interest receivable 99,659 109,232
Other assets 300,654 301,400
TOTAL ASSETS 33,751,832 33,660,281
Deposits:    
Noninterest-bearing 6,731,733 6,573,630
Interest-bearing 20,439,014 20,487,309
Total deposits 27,170,747 27,060,939
Borrowings:    
Securities sold under agreements to repurchase 166,996 198,573
Federal Home Loan Bank ("FHLB") borrowings 250,000 250,000
Other long-term borrowings 282,615 281,817
Reserve for lending-related commitments 37,222 35,075
Operating lease liabilities 99,757 95,392
Accrued expenses and other liabilities 233,958 242,502
TOTAL LIABILITIES 28,241,295 28,164,298
Shareholders' Equity    
Preferred stock, $1.00 par value; Authorized-50,000,000 shares, none issued 0 0
Common stock, $2.50 par value; Authorized-200,000,000 shares; issued-151,183,683 and 150,856,999 at June 30, 2026 and December 31, 2025, respectively, including 14,241,534 and 10,976,752 shares in treasury at June 30, 2026 and December 31, 2025, respectively 377,959 377,142
Surplus 3,474,889 3,468,869
Retained earnings 2,320,125 2,170,327
Accumulated other comprehensive loss (143,367) (138,927)
Treasury stock, at cost (519,069) (381,428)
TOTAL SHAREHOLDERS' EQUITY 5,510,537 5,495,983
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 33,751,832 $ 33,660,281