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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks $ 279,041 $ 300,343
Interest-bearing deposits with other banks 784,830 249,367
Cash and Cash Equivalents 1,063,871 549,710
FRB and FHLB stock 139,574 124,405
Loans held for sale 25,618 15,158
AFS, at estimated fair value 3,410,899 2,398,352
HTM, at amortized cost 1,395,569 1,267,922
Net loans 24,044,919 21,351,094
Less: ACL - loans (379,156) (293,404)
Loans, Net 23,665,763 21,057,690
Net premises and equipment 195,527 222,881
Accrued interest receivable 117,029 107,972
Goodwill and net intangible assets 635,458 560,687
Other assets 1,422,502 1,267,138
Total Assets 32,071,810 27,571,915
LIABILITIES    
Noninterest-bearing 5,499,760 5,314,094
Interest-bearing 20,629,673 16,223,529
Total Deposits 26,129,433 21,537,623
Federal funds purchased 0 240,000
FHLB advances 850,000 1,100,000
Senior debt and subordinated debt 367,316 535,384
Other borrowings and interest-bearing liabilities 564,732 612,142
Total Borrowings 1,782,048 2,487,526
Accrued interest payable 31,620 35,083
Other liabilities 931,384 751,544
Total Liabilities 28,874,485 24,811,776
SHAREHOLDERS’ EQUITY    
Preferred stock, no par value, 10,000,000 shares authorized, Series A, 200,000 shares issued as of December 31, 2024 and 2023, liquidation preference of $1,000 per share 192,878 192,878
Common stock, $2.50 par value, 600,000,000 shares authorized, 245,946,392 shares issued as of December 31, 2024 and 225,760,963 issued as of December 31, 2023 614,866 564,402
Additional paid-in capital 1,789,214 1,552,860
Retained earnings 1,775,620 1,619,300
Accumulated other comprehensive loss (287,819) (312,280)
Treasury stock, at cost, 63,857,567 shares in 2024 and 61,959,552 shares in 2023 (887,434) (857,021)
Total Shareholders' Equity 3,197,325 2,760,139
Total Liabilities and Shareholders' Equity $ 32,071,810 $ 27,571,915