XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Consolidated Statements of Condition (Unaudited) - USD ($)
Jun. 30, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 792,166,000 $ 651,058,000
Investment securities:    
Held to maturity debt securities (Market value of $4,400 on June 30, 2024 and $3,400 on December 31, 2023) 4,400,000 3,400,000
Available for sale debt securities (Amortized cost of $5,410,572 on June 30, 2024 and $5,330,814 on December 31, 2023) 4,869,027,000 4,822,341,000
Equity securities with readily determinable fair values 5,337,000 5,417,000
Total investment securities 4,878,764,000 4,831,158,000
Loans 8,267,827,000 8,058,961,000
Less allowance for credit losses (148,609,000) (157,069,000)
Net loans 8,119,218,000 7,901,892,000
Bank premises and equipment, net 434,402,000 437,094,000
Accrued interest receivable 71,726,000 65,302,000
Other investments 342,712,000 343,452,000
Cash surrender value of life insurance policies 298,910,000 303,486,000
Goodwill 282,532,000 282,532,000
Other assets 271,304,000 250,215,000
Total assets 15,491,734,000 15,066,189,000
Deposits:    
Demand-non-interest bearing 4,852,392,000 5,030,845,000
Savings and interest bearing demand 4,534,315,000 4,368,532,000
Time 2,644,913,000 2,425,177,000
Total deposits 12,031,620,000 11,824,554,000
Securities sold under repurchase agreements 611,588,000 530,416,000
Other borrowed funds 10,644,000 10,745,000
Junior subordinated deferrable interest debentures 108,868,000 108,868,000
Other liabilities 151,653,000 143,832,000
Total liabilities 12,914,373,000 12,618,415,000
Shareholders' equity:    
Common shares of $1.00 par value. Authorized 275,000,000 shares; issued 96,580,302 shares on June 30, 2024 and 96,466,900 shares on December 31, 2023 96,580,000 96,467,000
Surplus 158,171,000 155,511,000
Retained earnings 3,182,368,000 3,029,088,000
Accumulated other comprehensive loss (423,860,000) (397,889,000)
Total shareholders' equity before treasury stock 3,013,259,000 2,883,177,000
Less cost of shares in treasury, 34,400,468 shares on June 30, 2024 and 34,391,184 on December 31, 2023 (435,898,000) (435,403,000)
Total shareholders' equity 2,577,361,000 2,447,774,000
Total liabilities and shareholders' equity $ 15,491,734,000 $ 15,066,189,000