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CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets:    
Cash and due from banks $ 400,631 $ 419,638
Money market investments:    
Time deposits with other banks 6,340,786 6,380,948
Total money market investments 6,340,786 6,380,948
Trading account debt securities, at fair value 29,643 32,831
Debt securities available-for-sale, at fair value:    
Pledged securities with creditors' right to repledge 31,022 30,486
Other debt securities available-for-sale 20,459,190 18,215,417
Debt securities available-for-sale, net 20,490,212 18,245,903
Debt securities held-to-maturity, at amortized cost:    
Pledged securities with creditors' right to repledge 27,560 27,405
Other debt securities held-to-maturity 7,514,164 7,730,672
Debt securities held-to-maturity (fair value 2025 - $7,555,517; 2024 - $7,682,664) 7,541,724 7,758,077
Less - Allowance for credit losses 5,999 5,317
Debt securities held-to-maturity, net 7,535,725 7,752,760
Equity securities (realizable value 2025 - $222,907; 2024 - $208,663) 222,391 208,166
Loans held-for-sale, at fair value 2,898 5,423
Loans held-in-portfolio 38,611,834 37,522,995
Less - Unearned income 426,656 415,343
Allowance for credit losses 769,485 746,024
Total loans held-in-portfolio, net 37,415,693 36,361,628
Premises and equipment, net 649,191 601,787
Other real estate 46,126 57,268
Accrued income receivable 274,867 263,389
Mortgage servicing rights, at fair value 103,077 108,103
Other assets 1,745,052 1,797,759
Goodwill 802,954 802,954
Other intangible assets 5,844 6,826
Total assets 76,065,090 73,045,383
Deposits:    
Non-interest bearing 15,114,614 15,139,555
Interest bearing 52,102,877 49,744,790
Total deposits 67,217,491 64,884,345
Assets sold under agreements to repurchase 56,043 54,833
Other short-term borrowings 550,000 225,000
Notes payable 808,451 896,293
Other liabilities 1,479,087 1,371,846
Total liabilities 70,111,072 67,432,317
Stockholders' equity:    
Preferred stock, 30,000,000 shares authorized; 885,726 shares issued and outstanding (2024 - 885,726) 22,143 22,143
Common stock, $0.01 par value; 170,000,000 shares authorized;104,889,180 shares issued (2024 - 104,849,460) and 67,937,468 shares outstanding (2024 - 70,141,291) 1,049 1,048
Surplus 4,919,950 4,908,693
Retained earnings 4,861,958 4,570,957
Treasury stock - at cost, 36,951,712 shares (2024 - 34,708,169) (2,455,425) (2,228,535)
Accumulated other comprehensive loss, net of tax (1,395,657) (1,661,240)
Total stockholders' equity 5,954,018 5,613,066
Total liabilities and stockholders' equity $ 76,065,090 $ 73,045,383