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CONSOLIDATED STATEMENTS OF CONDITION (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets:    
Cash and cash equivalents $ 201,493 $ 190,962
Available-for-sale investment securities, includes pledged securities that can be sold or repledged of $344,813 and $598,873, respectively (cost of $3,241,610 and $3,301,607, respectively) 2,808,953 2,919,992
Held-to-maturity securities (fair value of $1,167,755 and $1,121,816, respectively) 1,271,109 1,172,174
Equity and other securities 86,500 73,146
Loans 10,023,857 9,704,598
Allowance for credit losses (71,442) (66,669)
Loans, net of allowance for credit losses 9,952,415 9,637,929
Goodwill 852,258 845,396
Core deposit intangibles, net 6,451 8,159
Other intangibles, net 47,071 44,432
Goodwill and intangible assets, net 905,780 897,987
Premises and equipment, net 178,095 173,418
Accrued interest and fees receivable 58,085 54,534
Other assets 444,386 435,611
Total assets 15,906,816 15,555,753
Liabilities:    
Noninterest-bearing deposits 3,649,389 3,638,527
Interest-bearing deposits 9,488,499 9,289,594
Total deposits 13,137,888 12,928,121
Overnight borrowings 177,600 53,000
Securities sold under agreement to repurchase, short-term 215,453 304,595
Federal Home Loan Bank and other borrowings 539,121 407,603
Accrued interest and other liabilities 166,574 164,497
Total liabilities 14,236,636 13,857,816
Commitments and contingencies (See Note J)
Shareholders' equity:    
Preferred stock, $1.00 par value, 500,000 shares authorized, 0 shares issued 0 0
Common stock, $1.00 par value, 75,000,000 shares authorized; 54,549,390 and 54,372,292 shares issued, respectively 54,549 54,372
Additional paid-in capital 1,065,937 1,060,289
Retained earnings 1,230,133 1,188,869
Accumulated other comprehensive loss (585,794) (556,892)
Treasury stock, at cost (2,026,587 shares, including 101,911 shares held by deferred compensation arrangements at June 30, 2024, and 1,045,232 shares including 120,556 shares held by deferred compensation arrangements at December 31, 2023) (100,446) (55,592)
Deferred compensation arrangements (101,911 and 120,556 shares, respectively) 5,801 6,891
Total shareholders' equity 1,670,180 1,697,937
Total liabilities and shareholders' equity $ 15,906,816 $ 15,555,753