XML 43 R2.htm IDEA: XBRL DOCUMENT v3.22.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and noninterest-bearing due from banks $ 268,649 $ 188,287
Restricted cash 31,447 82,505
Interest-bearing due from banks 877,286 3,830,747
Federal funds sold and other 0 0
Cash and cash equivalents 1,177,382 4,101,539
Securities Purchased under Agreements to Resell 513,276 1,000,000
Securities available-for-sale, at fair value 3,558,870 4,914,194
Securities held-to-maturity (fair value of $2.7 billion and $1.2 billion, net of allowance for credit losses of $1.6 million and $161 at Dec. 31, 2022 and 2021, respectively) 3,079,050 1,155,958
Consumer loans held-for-sale 42,237 45,806
Commercial loans held-for-sale 21,093 17,685
Loans 29,041,605 23,414,262
Less allowance for credit losses (300,665) (263,233)
Loans, net 28,740,940 23,151,029
Premises and equipment, net 327,885 288,182
Equity method investment 443,185 360,833
Accrued interest receivable 161,182 98,813
Goodwill 1,846,973 1,819,811
Core deposits and other intangible assets 34,555 33,819
Other real estate owned 7,952 8,537
Other assets 2,015,441 1,473,193
Total assets 41,970,021 38,469,399
Deposits:    
Non-interest-bearing 9,812,744 10,461,071
Interest-bearing 7,884,605 6,530,015
Savings and money market accounts 13,774,534 12,179,663
Time 3,489,355 2,133,784
Total deposits 34,961,238 31,304,533
Securities sold under agreements to repurchase 194,910 152,559
Federal Home Loan Bank advances 464,436 888,681
Subordinated debt and other borrowings 424,055 423,172
Accrued interest payable 19,478 12,504
Other liabilities 386,512 377,343
Total liabilities 36,450,629 33,158,792
Shareholders' equity:    
Preferred stock, no par value; 10.0 million shares authorized; 225,000 shares non-cumulative perpetual preferred stock, Series B, liquidation preference $225.0 million, issued and outstanding at Dec. 31, 2022 and 2021, respectively 217,126 217,126
Common stock, par value $1.00; 180.0 million shares authorized; 76.5 million and 76.1 million shares issued and outstanding at Dec. 31, 2022 and 2021, respectively 76,454 76,143
Additional paid-in capital 3,074,867 3,045,802
Retained earnings 2,341,706 1,864,350
Accumulated other comprehensive income (loss), net of taxes (190,761) 107,186
Total shareholders' equity 5,519,392 5,310,607
Total liabilities and shareholders' equity $ 41,970,021 $ 38,469,399