XML 14 R2.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED STATEMENTS OF CONDITION (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Assets:    
Cash and cash equivalents (includes restricted cash of $14,760 and $5,110, respectively) $ 245,247 $ 197,004
Available-for-sale investment securities, includes pledged securities that can be sold or repledged of $319,173 and $362,129, respectively (cost of $3,157,610 and $3,192,392, respectively) 2,859,312 2,785,714
Held-to-maturity securities (fair value of $1,360,889 and $1,220,168, respectively) 1,442,308 1,345,155
Equity and other securities 78,944 87,517
Loans 10,750,262 10,432,365
Allowance for credit losses (84,944) (79,114)
Loans, net of allowance for credit losses 10,665,318 10,353,251
Goodwill 855,790 853,225
Core deposit intangibles, net 3,571 5,148
Other intangibles, net 40,606 43,098
Goodwill and intangible assets, net 899,967 901,471
Premises and equipment, net 212,667 183,759
Accrued interest and fees receivable 54,526 54,340
Equity method investments 37,350 0
Other assets 462,165 477,833
Total assets 16,957,804 16,386,044
Liabilities:    
Noninterest-bearing deposits 3,686,772 3,557,219
Interest-bearing deposits 10,370,078 9,884,488
Total deposits 14,056,850 13,441,707
Overnight borrowings 67,900 118,000
Securities sold under agreement to repurchase, short-term 224,169 261,553
Federal Home Loan Bank and other borrowings 471,280 619,312
Accrued interest and other liabilities 198,655 182,637
Total liabilities 15,018,854 14,623,209
Commitments and contingencies (See Note I)
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; 54,886,008 and 54,696,208 shares issued, respectively 54,886 54,696
Additional paid in capital 1,084,821 1,075,537
Retained earnings 1,357,973 1,275,331
Accumulated other comprehensive loss (453,164) (548,085)
Treasury stock, at cost (2,224,428 shares, including 93,698 shares held by deferred compensation arrangements at September 30, 2025, and 2,028,372 shares including 103,696 shares held by deferred compensation arrangements at December 31, 2024) (110,901) (100,539)
Deferred compensation arrangements (93,698 and 103,696 shares, respectively) 5,335 5,895
Total shareholders' equity 1,938,950 1,762,835
Total liabilities and shareholders' equity $ 16,957,804 $ 16,386,044