XML 21 R2.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Assets:    
Cash and cash equivalents (includes restricted cash of $5,110 and $0, respectively) $ 197,004 $ 190,962
Available-for-sale investment securities, includes pledged securities that can be sold or repledged of $362,129 and $598,873, respectively (cost of $3,192,392 and $3,301,607, respectively) 2,785,714 2,919,992
Held-to-maturity securities (fair value of $1,220,168 and $1,121,816, respectively) 1,345,155 1,172,174
Equity and other securities 87,517 73,146
Loans 10,432,365 9,704,598
Allowance for credit losses (79,114) (66,669)
Loans, net of allowance for credit losses 10,353,251 9,637,929
Goodwill 853,225 845,396
Core deposit intangibles, net 5,148 8,159
Other intangibles, net 43,098 44,432
Goodwill and intangible assets, net 901,471 897,987
Premises and equipment, net 183,759 173,418
Accrued interest and fees receivable 54,340 54,534
Other assets 477,833 435,611
Total assets 16,386,044 15,555,753
Liabilities:    
Noninterest-bearing deposits 3,557,219 3,638,527
Interest-bearing deposits 9,884,488 9,289,594
Total deposits 13,441,707 12,928,121
Overnight borrowings 118,000 53,000
Securities sold under agreement to repurchase, short-term 261,553 304,595
Federal Home Loan Bank and other borrowings 619,312 407,603
Accrued interest and other liabilities 182,637 164,497
Total liabilities 14,623,209 13,857,816
Commitments and contingencies (See Note M)
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; 54,696,208 and 54,372,292 shares issued, respectively 54,696 54,372
Additional paid-in capital 1,075,537 1,060,289
Retained earnings 1,275,331 1,188,869
Accumulated other comprehensive loss (548,085) (556,892)
Treasury stock, at cost (2,028,372 shares including 103,696 shares held by deferred compensation arrangements at December 31, 2024, and 1,045,232 shares including 120,556 shares held by deferred compensation arrangements at December 31, 2023) (100,539) (55,592)
Deferred compensation arrangements (103,696 shares at December 31, 2024 and 120,556 shares at December 31, 2023) 5,895 6,891
Total shareholders' equity 1,762,835 1,697,937
Total liabilities and shareholders' equity $ 16,386,044 $ 15,555,753