International Bancshares Corporation(NASDAQ:IBOC)
International Bancshares Corporation, a multibank financial holding company, provides commercial and retail banking services. It accepts checking and saving deposits; and offers commercial, real estate, personal, home improvement, automobile, and other installment and term loans. The company also pr...
Website: http://www.ibc.com
Founded: 1966
Full Time Employees: 2,869
CEO: Dennis Nixon
Sector: Financial Services
Industry: Banks-Regional
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At a glance:
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Quarterly
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| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 | 2003-09-30 | 2003-06-30 | 2003-03-31 | 2002-09-30 | 2002-06-30 | 2002-03-31 | 2001-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
interest income: | |||||||||||||||||||||||||||||||||||||||
loans, including fees | 168,713,000 | 176,677,000 | 179,055,000 | 173,979,000 | 170,160,000 | 169,055,000 | 175,532,000 | 168,365,000 | 168,328,000 | 166,348,000 | 158,534,000 | 152,896,000 | 142,270,000 | 128,241,000 | 104,818,000 | 87,630,000 | 81,488,000 | 87,005,000 | 88,280,000 | 112,214,000 | 112,723,000 | 109,256,000 | 107,579,000 | 104,837,000 | 97,202,000 | 90,402,000 | 86,304,000 | 84,845,000 | 79,825,000 | 72,486,000 | 45,596,000 | 43,426,000 | 44,763,000 | 43,346,000 | 45,344,000 | 45,619,000 | 46,540,000 | 46,464,000 | 48,477,000 |
investment securities: | |||||||||||||||||||||||||||||||||||||||
taxable | 40,614,000 | 40,767,000 | 41,472,000 | 41,401,000 | 40,932,000 | 39,981,000 | 40,105,000 | 37,137,000 | 36,263,000 | 35,569,000 | 34,598,000 | 32,175,000 | 29,809,000 | 24,142,000 | 20,718,000 | 16,938,000 | 13,190,000 | 12,773,000 | 11,669,000 | 44,862,000 | 45,782,000 | 51,656,000 | 51,380,000 | 49,728,000 | 50,110,000 | 49,256,000 | 41,274,000 | 39,178,000 | 36,513,000 | 27,616,000 | 25,078,000 | 25,623,000 | 34,308,000 | 33,692,000 | 35,074,000 | 44,406,000 | 40,433,000 | 39,082,000 | 43,814,000 |
tax-exempt | 1,393,000 | 1,411,000 | 1,503,000 | 1,514,000 | 1,527,000 | 1,527,000 | 1,534,000 | 1,539,000 | 1,546,000 | 1,551,000 | 1,561,000 | 1,569,000 | 1,578,000 | 1,215,000 | 625,000 | 351,000 | 350,000 | 351,000 | 360,000 | 1,046,000 | 1,078,000 | 1,131,000 | 1,125,000 | 1,136,000 | 1,144,000 | 1,172,000 | 1,209,000 | 1,220,000 | 1,217,000 | 1,278,000 | 1,272,000 | 1,284,000 | 1,287,000 | 1,287,000 | 1,288,000 | 1,252,000 | 1,247,000 | 1,209,000 | 1,172,000 |
other interest income | 3,880,000 | 5,035,000 | 4,748,000 | 4,073,000 | 2,020,000 | 5,001,000 | 5,486,000 | 8,631,000 | 5,952,000 | 6,246,000 | 9,482,000 | 11,484,000 | 14,492,000 | 21,080,000 | 18,926,000 | 4,665,000 | 1,404,000 | 929,000 | 883,000 | 336,000 | 2,004,000 | 116,000 | 91,000 | 103,000 | 101,000 | 111,000 | 100,000 | 128,000 | 197,000 | 91,000 | 111,000 | 162,000 | 74,000 | 90,000 | 132,000 | 52,000 | 52,000 | 74,000 | |
total interest income | 214,600,000 | 223,890,000 | 226,778,000 | 220,967,000 | 214,639,000 | 215,564,000 | 222,657,000 | 215,672,000 | 212,089,000 | 209,714,000 | 204,175,000 | 198,124,000 | 188,149,000 | 174,678,000 | 145,087,000 | 109,584,000 | 96,432,000 | 101,058,000 | 101,192,000 | 159,158,000 | 162,408,000 | 162,855,000 | 160,829,000 | 156,552,000 | 149,374,000 | 142,317,000 | 129,968,000 | 126,160,000 | 118,319,000 | 101,787,000 | 72,504,000 | 70,970,000 | 80,510,000 | 78,601,000 | 81,973,000 | 91,486,000 | 88,444,000 | 86,993,000 | 93,748,000 |
interest expense: | |||||||||||||||||||||||||||||||||||||||
savings deposits | 17,781,000 | 19,666,000 | 21,486,000 | 21,318,000 | 20,450,000 | 20,496,000 | 20,869,000 | 20,631,000 | 19,916,000 | 18,823,000 | 15,042,000 | 14,778,000 | 11,694,000 | 6,966,000 | 3,323,000 | 1,296,000 | 1,101,000 | 1,109,000 | 1,082,000 | 14,233,000 | 13,695,000 | 13,096,000 | 7,196,500 | 9,743,000 | 10,139,000 | 8,904,000 | 7,335,000 | 6,161,000 | 5,474,000 | 4,284,000 | 2,504,000 | 2,217,000 | 2,192,000 | 2,790,000 | 2,950,000 | 3,576,000 | 3,752,000 | 3,620,000 | 5,876,000 |
time deposits | 24,899,000 | 26,148,000 | 26,118,000 | 25,150,000 | 25,500,000 | 26,635,000 | 25,607,000 | 23,450,000 | 21,276,000 | 19,091,000 | 15,610,000 | 11,628,000 | 6,829,000 | 3,846,000 | 2,530,000 | 2,277,000 | 2,504,000 | 2,714,000 | 2,814,000 | 36,297,000 | 36,236,000 | 35,037,000 | 34,698,000 | 32,759,000 | 29,421,000 | 26,199,000 | 18,959,000 | 16,602,000 | 14,480,000 | 12,463,000 | 9,835,000 | 9,051,000 | 9,832,000 | 10,519,000 | 11,278,000 | 13,616,000 | 14,706,000 | 16,901,000 | 24,687,000 |
securities sold under repurchase agreements | 4,715,000 | 4,905,000 | 5,115,000 | 4,640,000 | 4,304,000 | 5,608,000 | 6,173,000 | 5,319,000 | 5,240,000 | 3,295,000 | 2,142,000 | 1,405,000 | 665,000 | 241,000 | 184,000 | 173,000 | 165,000 | 1,241,260,000 | 968,396,000 | 8,322,000 | 7,270,000 | 7,319,000 | 7,676,000 | 762,966,000 | 764,550,000 | 783,938,000 | 806,014,000 | 583,627,000 | 4,783,000 | ||||||||||
other borrowings | 67,000 | 67,000 | 118,000 | 669,000 | 1,476,000 | 68,000 | 74,000 | 69,000 | 70,000 | 70,000 | 71,000 | 71,000 | 71,000 | 1,060,000 | 1,926,000 | 1,907,000 | 1,888,000 | 1,928,000 | 1,929,000 | 14,821,000 | 18,177,000 | 27,205,000 | 29,205,000 | 29,423,000 | 24,728,000 | 20,005,000 | 16,403,000 | 13,829,000 | 11,604,000 | 4,546,000 | 2,437,000 | 2,207,000 | 4,628,000 | 9,597,000 | |||||
junior subordinated deferrable interest debentures | 1,510,000 | 1,629,000 | 1,710,000 | 1,693,000 | 1,690,000 | 1,819,000 | 1,992,000 | 1,972,000 | 1,979,000 | 2,017,000 | 1,981,000 | 1,897,000 | 2,228,000 | 1,940,000 | 1,426,000 | 962,000 | 709,000 | 689,000 | 692,000 | 211,199,000 | 242,051,000 | 236,538,000 | 236,164,000 | 235,908,000 | 235,651,000 | 235,138,000 | |||||||||||||
total interest expense | 48,972,000 | 52,415,000 | 54,547,000 | 53,470,000 | 53,420,000 | 54,626,000 | 54,715,000 | 51,441,000 | 48,481,000 | 45,181,000 | 36,847,000 | 31,669,000 | 22,964,000 | 15,217,000 | 9,870,000 | 6,683,000 | 6,386,000 | 6,613,000 | 6,682,000 | 81,350,000 | 82,847,000 | 88,079,000 | 87,658,000 | 86,600,000 | 77,325,000 | 68,004,000 | 54,745,000 | 48,201,000 | 41,206,000 | 30,362,000 | 22,281,000 | 20,719,000 | 23,123,000 | 23,702,000 | 23,993,000 | 29,695,000 | 28,773,000 | 30,297,000 | 45,817,000 |
net interest income | 165,628,000 | 171,475,000 | 172,231,000 | 167,497,000 | 161,219,000 | 160,938,000 | 167,942,000 | 164,231,000 | 163,608,000 | 164,533,000 | 167,328,000 | 166,455,000 | 165,185,000 | 159,461,000 | 135,217,000 | 102,901,000 | 90,046,000 | 94,445,000 | 94,510,000 | 77,808,000 | 79,561,000 | 74,776,000 | 73,171,000 | 69,952,000 | 72,049,000 | 74,313,000 | 75,223,000 | 77,959,000 | 77,113,000 | 71,425,000 | 50,223,000 | 50,251,000 | 56,587,000 | 54,899,000 | 57,980,000 | 61,791,000 | 59,671,000 | 56,696,000 | 47,931,000 |
credit loss expense | 3,024,000 | 5,538,000 | 1,827,000 | 4,398,000 | 3,329,000 | 1,451,000 | 8,602,000 | 8,771,000 | 12,978,000 | 6,697,000 | 10,476,000 | 8,816,000 | |||||||||||||||||||||||||||
net interest income after provision for credit losses | 162,604,000 | 165,937,000 | 170,404,000 | 163,099,000 | 157,890,000 | 159,487,000 | 159,340,000 | 155,460,000 | 150,630,000 | 157,836,000 | 156,852,000 | 157,639,000 | 156,598,000 | 151,551,000 | 126,692,000 | 99,166,000 | 88,565,000 | 91,627,000 | 91,709,000 | ||||||||||||||||||||
non-interest income: | |||||||||||||||||||||||||||||||||||||||
service charges on deposit accounts | 18,760,000 | 19,422,000 | 19,239,000 | 17,988,000 | 17,667,000 | 18,696,000 | 18,660,000 | 18,091,000 | 18,267,000 | 18,994,000 | 19,311,000 | 18,075,000 | 17,553,000 | 18,238,000 | 19,038,000 | 18,248,000 | 17,257,000 | 18,234,000 | 17,294,000 | 23,318,000 | 21,058,000 | 20,225,000 | 20,931,000 | 21,324,000 | 21,517,000 | 20,998,000 | 21,857,000 | 20,859,000 | 20,045,000 | 21,611,000 | 15,911,000 | 14,409,000 | 15,456,000 | 14,714,000 | 14,335,000 | 13,386,000 | 12,827,000 | 11,632,000 | 10,481,000 |
other service charges, commissions and fees | |||||||||||||||||||||||||||||||||||||||
banking | 14,336,000 | 15,111,000 | 14,872,000 | 14,939,000 | 14,065,000 | 14,802,000 | 14,762,000 | 14,643,000 | 14,475,000 | 15,162,000 | 14,314,000 | 14,392,000 | 14,055,000 | 13,807,000 | 15,995,000 | 12,935,000 | 12,516,000 | 13,114,000 | 15,750,000 | 8,800,000 | 8,843,000 | 8,118,000 | 7,843,000 | 7,451,000 | 7,301,000 | 6,928,000 | 6,094,000 | 6,233,000 | 6,045,000 | 5,313,000 | 4,443,000 | 3,843,000 | 3,129,000 | 3,855,000 | 3,461,000 | 3,328,000 | 3,108,000 | 3,215,000 | 2,689,000 |
non-banking | 2,035,000 | 3,050,000 | 2,423,000 | 2,650,000 | 2,335,000 | 2,877,000 | 2,308,000 | 2,893,000 | 2,274,000 | 2,709,000 | 2,302,000 | 2,581,000 | 1,954,000 | 2,143,000 | 2,618,000 | 2,042,000 | 1,765,000 | 2,176,000 | 2,046,000 | 5,061,000 | 3,887,000 | 4,944,000 | 7,594,000 | 6,000,000 | 4,022,000 | 3,989,000 | 3,241,000 | 2,479,000 | 1,632,000 | 1,797,000 | 1,652,000 | 896,000 | 1,789,000 | 2,247,000 | 4,034,000 | 1,819,000 | 1,402,000 | 1,217,000 | 1,896,000 |
other investments income | 2,244,000 | 4,175,000 | 3,645,000 | 348,000 | -1,258,000 | 4,281,000 | 4,180,000 | 3,049,000 | 1,623,000 | 5,948,000 | 3,598,000 | -2,900,000 | |||||||||||||||||||||||||||
other income | 5,455,000 | 4,474,000 | 5,673,000 | 4,739,000 | 4,194,000 | 6,662,000 | 3,933,000 | 4,844,000 | 5,603,000 | 3,679,000 | 5,863,000 | 5,554,000 | 3,845,000 | 5,115,000 | 9,989,000 | 8,798,000 | 9,092,000 | 7,138,000 | 6,641,000 | 5,243,000 | 6,436,000 | 4,337,000 | 8,204,000 | 3,247,000 | 6,388,000 | 4,130,000 | 5,889,000 | 4,445,000 | 10,310,000 | 2,714,000 | 2,082,000 | 1,881,000 | 2,332,000 | 2,563,000 | 2,569,000 | 6,492,000 | 2,424,000 | 2,617,000 | 2,316,000 |
total non-interest income | 42,830,000 | 46,232,000 | 45,851,000 | 40,664,000 | 37,003,000 | 47,318,000 | 43,842,000 | 43,520,000 | 42,242,000 | 46,492,000 | 45,385,000 | 37,702,000 | 40,362,000 | 45,778,000 | 54,602,000 | 43,242,000 | 43,512,000 | 40,974,000 | 47,209,000 | 45,617,000 | 47,266,000 | 26,240,000 | 49,274,000 | 40,058,000 | 47,022,000 | 40,618,000 | 40,883,000 | 37,307,000 | 42,423,000 | 35,951,000 | 31,090,000 | 28,313,000 | 34,051,000 | 31,364,000 | 29,145,000 | 26,629,000 | 18,456,000 | 15,213,000 | 20,196,000 |
non-interest expense: | |||||||||||||||||||||||||||||||||||||||
employee compensation and benefits | 28,618,750 | 37,613,000 | 38,251,000 | 38,611,000 | 27,259,750 | 37,543,000 | 35,629,000 | 35,867,000 | 25,231,500 | 34,773,000 | 33,294,000 | 32,859,000 | 24,126,250 | 34,341,000 | 31,045,000 | 31,119,000 | 22,815,500 | 30,552,000 | 34,645,000 | 31,962,000 | 31,193,000 | 33,317,000 | 31,418,000 | 30,152,000 | 29,472,000 | 28,518,000 | 28,295,000 | 27,475,000 | 23,562,000 | 17,123,000 | 16,441,000 | 17,804,000 | 17,629,000 | 18,464,000 | 16,357,000 | 16,519,000 | 16,462,000 | 14,877,000 | |
occupancy | 5,415,500 | 7,986,000 | 7,270,000 | 6,406,000 | 5,027,250 | 7,746,000 | 6,686,000 | 5,677,000 | 4,649,500 | 6,268,000 | 6,004,000 | 6,326,000 | 5,070,500 | 7,821,000 | 6,189,000 | 6,272,000 | 4,659,500 | 6,491,000 | 8,172,000 | 8,303,000 | 7,040,000 | 8,219,000 | 6,919,000 | 6,506,000 | 6,242,000 | 6,269,000 | 5,938,000 | 5,448,000 | 5,000,000 | 3,626,000 | 3,273,000 | 3,212,000 | 3,519,000 | 2,960,000 | 3,074,000 | 3,012,000 | 2,820,000 | 2,619,000 | |
depreciation of bank premises and equipment | 4,199,000 | 5,697,000 | 5,486,000 | 5,613,000 | 4,234,500 | 5,594,000 | 5,715,000 | 5,629,000 | 4,090,500 | 5,488,000 | 5,408,000 | 5,466,000 | 4,088,750 | 5,425,000 | 5,455,000 | 5,475,000 | 4,815,750 | 6,028,000 | 8,178,000 | 7,813,000 | 7,556,000 | 7,245,000 | 7,201,000 | 7,061,000 | 6,744,000 | 6,657,000 | 6,097,000 | 5,710,000 | 5,184,000 | 4,415,000 | 4,051,000 | 3,908,000 | 4,014,000 | 3,934,000 | 4,158,000 | 3,820,000 | 3,306,000 | ||
professional fees | 3,073,000 | 4,647,000 | 4,074,000 | 3,571,000 | 3,008,500 | 4,131,000 | 4,212,000 | 3,691,000 | 2,762,750 | 4,123,000 | 3,338,000 | 3,590,000 | 2,086,750 | 3,087,000 | 2,942,000 | 2,318,000 | 1,918,750 | 2,558,000 | 3,014,000 | 2,791,000 | 2,678,000 | 2,761,000 | 2,819,000 | 2,539,000 | 2,931,000 | 2,869,000 | 3,011,000 | 3,208,000 | 2,000,000 | 1,309,000 | 1,574,000 | 2,327,000 | 2,202,000 | 1,522,000 | 1,387,000 | 1,443,000 | 1,222,000 | 1,300,000 | |
deposit insurance assessments | 1,332,500 | 1,797,000 | 1,763,000 | 1,770,000 | 1,281,500 | 1,731,000 | 1,696,000 | 1,699,000 | 1,893,750 | 1,744,000 | 1,693,000 | 4,138,000 | 1,265,500 | 2,026,000 | 1,979,000 | 1,057,000 | 710,000 | 1,026,000 | |||||||||||||||||||||
net operations, other real estate owned | 728,000 | 1,546,000 | 990,000 | 376,000 | 365,750 | 1,136,000 | 297,000 | 30,000 | -819,500 | -1,638,000 | 105,000 | -1,745,000 | -177,000 | -253,000 | -47,000 | -408,000 | |||||||||||||||||||||||
advertising | 1,294,250 | 1,724,000 | 1,732,000 | 1,721,000 | 1,169,750 | 1,397,000 | 1,462,000 | 1,820,000 | 978,250 | 1,360,000 | 1,289,000 | 1,264,000 | 1,092,750 | 1,476,000 | 1,455,000 | 1,440,000 | 1,087,250 | 1,470,000 | 3,391,000 | 3,169,000 | 3,251,000 | 3,117,000 | 2,891,000 | 3,088,000 | 2,956,000 | 2,996,000 | 2,622,000 | 2,786,000 | 2,796,000 | 2,237,000 | 1,856,000 | 1,999,000 | 2,029,000 | 1,743,000 | 1,446,000 | 1,481,000 | 1,437,000 | 1,384,000 | |
software and software maintenance | 4,197,000 | 5,657,000 | 5,721,000 | 5,410,000 | 3,945,750 | 4,820,000 | 5,651,000 | 5,312,000 | 3,744,500 | 5,081,000 | 4,928,000 | 4,969,000 | 3,159,500 | 4,089,000 | 4,372,000 | 4,177,000 | 3,270,250 | 4,115,000 | |||||||||||||||||||||
other | 8,976,750 | 13,096,000 | 12,514,000 | 10,297,000 | 8,698,750 | 12,117,000 | 12,760,000 | 9,918,000 | 9,159,500 | 14,001,000 | 11,475,000 | 11,162,000 | 11,298,750 | 17,161,000 | 15,366,000 | 12,668,000 | 9,851,750 | 17,049,000 | 18,154,000 | 16,581,000 | 17,660,000 | 15,176,000 | 14,995,000 | 15,816,000 | 27,737,000 | 14,716,000 | 16,343,000 | 12,732,000 | 15,242,000 | 11,023,000 | 9,268,000 | 7,729,000 | 11,490,000 | 8,260,000 | 10,856,000 | 10,586,000 | 8,496,000 | 8,193,000 | |
total non-interest expense | 57,834,750 | 79,763,000 | 77,801,000 | 73,775,000 | 54,991,500 | 76,215,000 | 74,108,000 | 69,643,000 | 51,690,750 | 71,200,000 | 67,534,000 | 68,029,000 | 52,011,750 | 75,173,000 | 68,756,000 | 64,118,000 | 50,466,500 | 69,727,000 | 78,352,000 | 73,429,000 | 72,068,000 | 73,072,000 | 69,028,000 | 67,721,000 | 78,857,000 | 64,620,000 | 64,989,000 | 60,024,000 | 56,913,000 | 40,889,000 | 37,688,000 | 38,009,000 | 42,193,000 | 38,087,000 | 39,185,000 | 38,795,000 | 35,486,000 | 33,928,000 | |
income before income taxes | 95,893,000 | 136,492,000 | 125,962,000 | 121,118,000 | 93,767,000 | 126,967,000 | 124,872,000 | 123,229,000 | 96,943,750 | 131,037,000 | 127,807,000 | 128,931,000 | 61,933,000 | 106,121,000 | 73,652,000 | 67,959,000 | 62,794,000 | 69,191,000 | 48,989,000 | 52,200,000 | 27,587,000 | 48,157,000 | 39,028,000 | 51,268,000 | 35,477,000 | 51,682,000 | 50,056,000 | 56,902,000 | 48,397,000 | 39,049,000 | 39,534,000 | 50,552,000 | 41,946,000 | 47,049,000 | |||||
provision for income taxes | 19,540,750 | 28,117,000 | 25,820,000 | 24,226,000 | 20,246,250 | 27,195,000 | 27,892,000 | 25,898,000 | 20,595,750 | 27,773,000 | 27,322,000 | 27,288,000 | 13,228,000 | 22,765,000 | 15,681,000 | 14,466,000 | 13,445,000 | 14,592,000 | 16,327,000 | 17,688,000 | 8,865,000 | 16,342,000 | 12,435,000 | 16,610,000 | 11,502,000 | 16,214,000 | 16,684,000 | 19,242,000 | 15,226,000 | 12,820,000 | 13,015,000 | 16,694,000 | 13,471,000 | 15,724,000 | 16,302,000 | 12,582,000 | 11,962,000 | 10,793,000 | |
net income | 76,352,250 | 108,375,000 | 100,142,000 | 96,892,000 | 73,520,750 | 99,772,000 | 96,980,000 | 97,331,000 | 76,348,000 | 103,264,000 | 100,485,000 | 101,643,000 | 48,705,000 | 83,356,000 | 57,971,000 | 53,493,000 | 49,349,000 | 54,599,000 | 32,662,000 | 34,590,000 | 18,644,000 | 31,775,000 | 26,593,000 | 34,658,000 | 23,975,000 | 35,468,000 | 33,372,000 | 37,660,000 | 33,171,000 | 26,229,000 | 26,519,000 | 33,858,000 | 28,475,000 | 31,325,000 | 30,701,000 | 24,693,000 | 22,387,000 | 21,444,000 | |
yoy | 3.85% | 8.62% | 3.26% | -0.45% | -3.70% | -3.38% | -3.49% | -4.24% | 56.76% | 23.88% | 73.34% | 90.01% | -1.30% | 52.67% | 77.49% | 54.65% | 164.69% | 71.83% | 22.82% | -0.20% | -22.24% | -10.41% | -20.31% | -7.97% | -27.72% | 35.22% | 25.84% | 11.23% | 16.49% | -16.27% | -13.62% | 37.12% | 27.19% | 46.08% | |||||
qoq | -29.55% | 8.22% | 3.35% | 31.79% | -26.31% | 2.88% | -0.36% | 27.48% | -26.07% | 2.77% | -1.14% | 108.69% | -41.57% | 43.79% | 8.37% | 8.40% | -9.62% | 67.16% | -5.57% | 85.53% | -41.32% | 19.49% | -23.27% | 44.56% | -32.40% | 6.28% | -11.39% | 13.53% | 26.47% | -1.09% | -21.68% | 18.90% | -9.10% | 2.03% | 24.33% | 10.30% | 4.40% | ||
basic earnings per common share: | |||||||||||||||||||||||||||||||||||||||
weighted-average number of shares outstanding | 62,157,827,000 | 62,150,969,000 | 62,213,966,000 | 62,190,993,000 | 62,177,215,000 | 62,150,378,000 | 62,653,563,000 | 62,074,485,000 | 62,142,264,000 | 62,226,521,000 | 62,950,103,000 | 63,352,240,000 | 63,372,777,000 | 63,133,522,000 | 31,717,222,000 | 32,179,771,000 | 26,021,896,000 | 26,348,432,000 | |||||||||||||||||||||
net income per common share | 1,227.5 | 1,740 | 1,610 | 1,560 | 1,182.5 | 1,600 | 1,560 | 1,570 | 1,230 | 1,660 | 1,620 | 1,640 | 775 | 1,340 | |||||||||||||||||||||||||
fully diluted earnings per common share: | |||||||||||||||||||||||||||||||||||||||
investment securities transactions | -1,000 | -1,000 | -3,000 | -12,000 | 4,772,000 | 8,559,000 | 5,542,000 | 2,763,000 | 2,338,000 | 102,000 | 108,000 | ||||||||||||||||||||||||||||
provision for credit losses | 8,587,000 | 7,910,000 | 8,525,000 | 3,735,000 | 1,481,000 | 2,818,000 | 2,801,000 | ||||||||||||||||||||||||||||||||
other investments | 2,955,000 | 6,475,000 | 6,962,000 | 1,219,000 | 2,882,000 | 312,000 | 5,490,000 | 4,226,000 | 4,785,000 | 5,783,000 | 4,689,000 | 3,389,000 | 7,384,000 | 4,573,000 | 3,802,000 | 3,446,000 | 4,417,000 | 4,133,000 | 3,313,000 | 2,512,000 | 2,786,000 | 2,443,000 | 1,983,000 | 2,565,000 | |||||||||||||||
net expense, other real estate owned | 1,337,750 | 438,000 | |||||||||||||||||||||||||||||||||||||
liabilities and shareholders’ equity | |||||||||||||||||||||||||||||||||||||||
liabilities: | |||||||||||||||||||||||||||||||||||||||
deposits: | |||||||||||||||||||||||||||||||||||||||
demand - non-interest bearing | 1,420,527,000 | ||||||||||||||||||||||||||||||||||||||
savings and interest bearing demand | 2,316,113,000 | 2,353,327,000 | 2,144,775,000 | 2,123,076,000 | 2,188,577,000 | 2,230,177,000 | 2,186,390,000 | ||||||||||||||||||||||||||||||||
time | 3,284,956,000 | 3,326,379,000 | 3,240,376,000 | 3,069,301,000 | 3,125,950,000 | 3,136,051,000 | 3,185,741,000 | ||||||||||||||||||||||||||||||||
total deposits | 7,021,596,000 | 7,139,329,000 | 6,778,354,000 | 6,490,627,000 | 6,520,001,000 | 6,598,610,000 | 6,500,784,000 | ||||||||||||||||||||||||||||||||
other borrowed funds | 1,141,333,000 | 1,066,414,000 | 1,815,074,000 | 1,925,076,000 | 1,885,193,000 | 1,810,196,000 | 1,315,202,000 | ||||||||||||||||||||||||||||||||
other liabilities | 91,762,000 | 76,311,000 | 87,038,000 | 87,224,000 | 68,791,000 | 66,965,000 | 72,402,000 | ||||||||||||||||||||||||||||||||
total liabilities | 9,707,150,000 | 9,492,501,000 | 9,679,970,000 | 9,503,641,000 | 9,493,831,000 | 9,517,436,000 | 8,707,153,000 | ||||||||||||||||||||||||||||||||
commitments, contingent liabilities and other tax matters | |||||||||||||||||||||||||||||||||||||||
shareholders’ equity: | |||||||||||||||||||||||||||||||||||||||
common shares of 1.00 par value. authorized 275,000,000 shares; issued 95,437,489 shares on september 30, 2007 and 86,224,046 shares on december 31, 2006 | 95,437,000 | ||||||||||||||||||||||||||||||||||||||
surplus | 143,908,000 | 142,205,000 | 136,496,000 | 134,845,000 | 134,345,000 | 132,015,000 | 128,669,000 | ||||||||||||||||||||||||||||||||
retained earnings | 916,383,000 | 883,720,000 | 812,391,000 | 774,522,000 | 739,054,000 | 743,302,000 | 692,838,000 | ||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | |||||||||||||||||||||||||||||||||||||||
less cost of shares in treasury, 26,785,619 shares on september 30, 2007 and 25,643,564 shares on december 31, 2006 | |||||||||||||||||||||||||||||||||||||||
total shareholders’ equity | 909,720,000 | 874,237,000 | 802,232,000 | 806,795,000 | 780,139,000 | 759,958,000 | 733,488,000 | ||||||||||||||||||||||||||||||||
total liabilities and shareholders’ equity | 10,616,870,000 | 10,366,738,000 | 10,482,202,000 | 10,310,436,000 | 10,273,970,000 | 10,277,394,000 | 9,440,641,000 | ||||||||||||||||||||||||||||||||
federal funds sold | 700,000 | 821,000 | 696,000 | 654,000 | 748,000 | 817,000 | 1,376,000 | 1,079,000 | 787,000 | 567,000 | 249,000 | 433,000 | 469,000 | 78,000 | 185,000 | 131,000 | 143,000 | 170,000 | 219,000 | 176,000 | |||||||||||||||||||
junior subordinated interest deferrable debentures | 4,281,000 | 4,526,000 | 4,419,000 | 4,435,250 | 7,356,000 | 5,361,000 | 4,829,000 | 4,518,000 | 3,781,000 | 2,638,000 | 2,487,000 | ||||||||||||||||||||||||||||
provision (credit) for possible loan losses | |||||||||||||||||||||||||||||||||||||||
net interest income after provision (credit) for possible loan losses | 81,724,000 | 75,419,000 | |||||||||||||||||||||||||||||||||||||
stationery and supplies | 1,466,000 | 1,490,000 | 1,481,000 | 2,021,000 | 1,568,000 | 1,343,000 | 1,558,000 | 1,297,000 | 1,384,000 | 1,367,000 | 1,534,000 | 910,000 | 979,000 | 711,000 | 991,000 | 885,000 | 892,000 | 1,129,000 | 917,000 | 882,000 | |||||||||||||||||||
amortization of identified intangible assets | 1,332,000 | 1,320,000 | 1,209,000 | 1,216,000 | 1,217,000 | 1,216,000 | 1,217,000 | 1,298,000 | 1,299,000 | 1,298,000 | 1,595,000 | 246,000 | 246,000 | 319,000 | 319,000 | ||||||||||||||||||||||||
weighted-average number of shares outstanding: | 68,898,059,000 | 69,313,121,000 | 63,014,050,000 | 62,988,619,000 | 63,090,380,000 | 63,492,138,000 | 63,689,160,000 | 50,882,971,000 | 50,721,747,000 | 48,856,848,000 | 38,747,118,000 | 38,622,484,000 | 38,686,367,000 | 31,033,615,000 | |||||||||||||||||||||||||
demand—non-interest bearing | 1,459,623,000 | ||||||||||||||||||||||||||||||||||||||
common shares of 1.00 par value. authorized 275,000,000 shares; issued 95,279,649 shares on june 30, 2007 and 94,846,451 shares on december 31, 2006 | 95,280,000 | ||||||||||||||||||||||||||||||||||||||
less cost of shares in treasury, 26,290,228 shares on june 30, 2007 and 25,643,564 shares on december 31, 2006 | |||||||||||||||||||||||||||||||||||||||
provision for possible loan losses | 1,198,000 | 1,361,000 | 1,216,000 | 1,954,000 | 82,000 | 597,000 | 221,000 | 2,610,000 | 2,066,000 | 1,375,000 | 1,342,000 | 2,077,000 | 2,124,000 | 1,989,000 | 2,232,000 | 2,057,000 | 2,074,000 | 1,962,000 | |||||||||||||||||||||
net interest income after provision for possible loan losses | 78,363,000 | 73,415,000 | 71,955,000 | 67,998,000 | 71,967,000 | 73,716,000 | 77,738,000 | 74,503,000 | 69,359,000 | 48,848,000 | 48,909,000 | 54,510,000 | 52,775,000 | 55,991,000 | 59,559,000 | 57,614,000 | 54,622,000 | ||||||||||||||||||||||
gain on investment securities transactions | 2,257,000 | 410,000 | 383,000 | 3,689,000 | |||||||||||||||||||||||||||||||||||
minority interest in consolidated subsidiaries | 78,000 | ||||||||||||||||||||||||||||||||||||||
loss on investment securities transactions | |||||||||||||||||||||||||||||||||||||||
demand – non-interest bearing | 1,393,203,000 | 1,205,474,000 | 1,232,382,000 | ||||||||||||||||||||||||||||||||||||
common shares of 1.00 par value. authorized 275,000,000 shares; issued 86,124,719 shares on march 31, 2006 and 86,059,121 shares on december 31, 2005 | 86,125,000 | ||||||||||||||||||||||||||||||||||||||
less cost of shares in treasury, 22,851,952 shares on march 31, 2006 and 22,330,354 shares on december 31, 2005 | |||||||||||||||||||||||||||||||||||||||
federal funds purchased and securities sold under repurchase agreements | 7,872,000 | 5,448,000 | 4,757,000 | 4,776,000 | 4,647,000 | 4,613,000 | 4,890,000 | 4,857,000 | 5,148,000 | ||||||||||||||||||||||||||||||
demand — non-interest bearing | 1,298,250,000 | 1,128,653,000 | |||||||||||||||||||||||||||||||||||||
common shares of 1.00 par value. authorized 275,000,000 shares; issued 86,024,758 shares on september 30, 2005 and 68,431,225 shares on december 31, 2004 | 86,025,000 | ||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | 9,913,000 | ||||||||||||||||||||||||||||||||||||||
less cost of shares in treasury, 22,327,658 shares on september 30, 2005 and 17,610,126 shares on december 31, 2004 | |||||||||||||||||||||||||||||||||||||||
time deposits with banks | 2,000 | 2,000 | 67,000 | 14,000 | 6,000 | 1,000 | 4,000 | 14,000 | 2,000 | 19,000 | 35,000 | ||||||||||||||||||||||||||||
senior notes | 299,000 | 84,000 | |||||||||||||||||||||||||||||||||||||
common shares of 1.00 par value. authorized 275,000,000 shares; issued 85,985,257 shares on june 30, 2005 and 68,431,225 shares on december 31, 2004 | 85,985,000 | ||||||||||||||||||||||||||||||||||||||
less cost of shares in treasury, 22,288,359 shares on june 30, 2005 and 17,610,126 shares on december 31, 2004 | |||||||||||||||||||||||||||||||||||||||
weighted average number of shares outstanding: | 63,775,930,000 | ||||||||||||||||||||||||||||||||||||||
common shares of 1.00 par value. authorized 75,000,000 shares; issued 68,559,810 shares on march 31, 2005 and 68,431,225 shares on december 31, 2004 | 68,560,000 | ||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive (loss) income | |||||||||||||||||||||||||||||||||||||||
less cost of shares in treasury, 17,612,998 shares on march 31, 2005 and 17,610,126 shares on december 31, 2004 | |||||||||||||||||||||||||||||||||||||||
liabilities | |||||||||||||||||||||||||||||||||||||||
common shares of 1.00 par value. authorized 75,000,000 shares; issued 68,365,940 shares on september 30, 2004 and 52,774,176 shares on december 31, 2003 | 68,366,000 | ||||||||||||||||||||||||||||||||||||||
less cost of shares in treasury, 17,602,802 shares on september 30, 2004 and 14,068,296 shares on december 31, 2003 | |||||||||||||||||||||||||||||||||||||||
other borrowings and long term debt | 7,123,000 | 5,746,000 | 5,152,000 | 7,613,000 | 5,458,000 | ||||||||||||||||||||||||||||||||||
income before cumulative effect of a change in accounting principle | 33,858,000 | 28,475,000 | 31,325,000 | 30,701,000 | 24,693,000 | ||||||||||||||||||||||||||||||||||
cumulative effect of a change in accounting principle, net of tax | |||||||||||||||||||||||||||||||||||||||
amortization of intangible assets | 319,000 | 1,015,000 | 312,000 | 1,367,000 | |||||||||||||||||||||||||||||||||||
income before provision for income taxes | 47,003,000 | 37,275,000 | 34,349,000 | 32,237,000 | |||||||||||||||||||||||||||||||||||
diluted earnings per common share: | |||||||||||||||||||||||||||||||||||||||
depreciation of premises and equipment | 4,074,000 | ||||||||||||||||||||||||||||||||||||||
amortization of identified intangibles | 551,000 | ||||||||||||||||||||||||||||||||||||||
federal funds purchased and securities | |||||||||||||||||||||||||||||||||||||||
sold under repurchase agreements | 5,657,000 | ||||||||||||||||||||||||||||||||||||||
net interest income after | |||||||||||||||||||||||||||||||||||||||
provision for possible | |||||||||||||||||||||||||||||||||||||||
loan losses | 45,969,000 | ||||||||||||||||||||||||||||||||||||||
gain on sale of loans | 141,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2024-12-31 | 2006-12-31 | 2004-06-30 | 2004-03-31 | 2003-09-30 | 2003-06-30 | 2003-03-31 |
|---|---|---|---|---|---|---|---|---|
assets | ||||||||
cash and cash equivalents | 589,321,000 | 352,652,000 | ||||||
investment securities: | ||||||||
held to maturity debt securities | 4,400,000 | 4,400,000 | ||||||
available for sale debt securities | 4,980,342,000 | 4,987,916,000 | ||||||
equity securities with readily determinable fair values | 5,546,000 | 5,394,000 | ||||||
total investment securities | 4,990,288,000 | 4,997,710,000 | 2,981,766,000 | 2,888,209 | 3,973,948 | 3,351,143 | 2,934,740,000 | |
loans | 9,400,969,000 | 8,809,826,000 | ||||||
less allowance for credit losses | -155,506,000 | -156,537,000 | ||||||
net loans | 9,245,463,000 | 8,653,289,000 | 5,000,108,000 | 2,744,011 | 2,725,365 | 2,694,277 | 2,695,776,000 | |
bank premises and equipment | 425,601,000 | 428,221,000 | 282,259,000 | 224,378 | 210,489 | 195,075 | 189,112,000 | |
accrued interest receivable | 77,463,000 | 72,175,000 | 36,898,000 | 27,461 | 34,697 | 33,195 | 33,529,000 | |
other investments | 380,658,000 | 356,735,000 | 290,869,000 | 203,146 | 239,317 | 207,213 | 206,673,000 | |
cash surrender value of life insurance policies | 309,256,000 | 303,042,000 | ||||||
goodwill | 282,532,000 | 282,532,000 | 277,098,000 | 67,442 | 67,442 | 67,442 | 67,442,000 | |
other assets | 250,839,000 | 292,496,000 | 84,088,000 | 51,761 | 54,158 | 59,784 | 55,333,000 | |
total assets | 16,551,421,000 | 15,738,852,000 | 9,301,205,000 | 6,587,572 | 7,511,624 | 6,771,980 | 6,386,499,000 | |
| 2,025,000 | 2,024,000 | ||||||
liabilities and shareholders’ equity | ||||||||
liabilities: | ||||||||
deposits: | ||||||||
demand—non-interest bearing | 4,578,913,000 | 4,612,344,000 | ||||||
savings and interest bearing demand | 4,743,060,000 | 4,599,957,000 | 2,168,534,000 | 1,387,065 | 1,335,838 | 1,296,259 | 1,311,976,000 | |
time | 3,133,717,000 | 2,899,543,000 | 3,227,671,000 | 2,266,349 | 2,199,292 | 2,222,017 | 2,261,408,000 | |
total deposits | 12,455,690,000 | 12,111,844,000 | 6,461,515,000 | 4,488,241 | 4,293,005 | 4,282,172 | 4,326,996,000 | |
securities sold under repurchase agreements | 664,380,000 | 535,322,000 | 552,182,000 | 503,936 | 474,658,000 | |||
other borrowed funds | 10,384,000 | 10,541,000 | 1,320,205,000 | 750,208 | ||||
junior subordinated deferrable interest debentures | 108,868,000 | 108,868,000 | 234,882,000 | 172,510 | ||||
other liabilities | 184,291,000 | 175,570,000 | 43,744,000 | 62,080 | 73,416 | 62,589 | 89,435,000 | |
total liabilities | 13,423,613,000 | 12,942,145,000 | 8,633,823,000 | 5,976,975 | 6,965,304 | 6,203,694 | 5,836,742,000 | |
shareholders’ equity: | ||||||||
common shares of 1.00 par value. authorized 275,000,000 shares; issued 96,652,843 shares on september 30, 2025 and 96,616,673 shares on december 31, 2024 | 96,653,000 | |||||||
surplus | 160,631,000 | 159,333,000 | 127,863,000 | 39,133 | 34,709 | 33,956 | 32,685,000 | |
retained earnings | 3,574,525,000 | 3,356,177,000 | 659,614,000 | 666,125 | 611,136 | 596,579 | 578,641,000 | |
accumulated other comprehensive loss | -263,089,000 | -379,054,000 | ||||||
less cost of shares in treasury, 34,489,206 shares on september 30, 2025 and 34,407,674 on december 31, 2024 | -440,912,000 | |||||||
total shareholders’ equity | 3,127,808,000 | 2,796,707,000 | 667,382,000 | 610,597 | 546,320 | 568,286 | 549,757,000 | |
total liabilities and shareholders’ equity | 16,551,421,000 | 15,738,852,000 | 9,301,205,000 | 6,587,572 | 7,511,624 | 6,771,980 | 6,386,499,000 | |
common shares of 1.00 par value. authorized 275,000,000 shares; issued 96,616,673 shares on december 31, 2024 and 96,466,900 shares on december 31, 2023 | 96,617,000 | |||||||
less cost of shares in treasury, 34,407,674 shares on december 31, 2024 and 34,391,184 on december 31, 2023 | -436,366,000 | |||||||
interest expense: | ||||||||
domestic | 36,606,000 | |||||||
foreign | 3,838,000 | 221,501,000 | 227,316 | 231,132 | 223,566 | 227,843,000 | ||
total savings and interest bearing demand | 40,444,000 | |||||||
time, certificates of deposit | ||||||||
100,000 or more | ||||||||
less than 100,000 | ||||||||
total time, certificates of deposit | 123,077,000 | |||||||
total interest expense on deposits | 163,521,000 | |||||||
percentage of net income to: | ||||||||
average shareholders’ equity | 14,020 | |||||||
average total assets | 1,100 | |||||||
percentage of average shareholders’ equity to average total assets | 7,820 | |||||||
percentage of cash dividends per share to net income per share | 37,640 | |||||||
december 31, 2006 | ||||||||
rate sensitive assets | ||||||||
federal funds sold | 85,000,000 | 240,500 | 66,000 | 15,500 | 61,500,000 | |||
time deposits with banks | 23,996,000 | 100 | 100 | 199 | 199,000 | |||
investment securities | ||||||||
loans, net of non-accruals | ||||||||
total earning assets | ||||||||
cumulative earning assets | ||||||||
rate sensitive liabilities | ||||||||
time deposits | ||||||||
other interest bearing deposits | ||||||||
total interest bearing liabilities | ||||||||
cumulative sensitive liabilities | ||||||||
repricing gap | ||||||||
cumulative repricing gap | ||||||||
ratio of interest-sensitive assets to liabilities | ||||||||
ratio of cumulative, interest- sensitive assets to liabilities | ||||||||
cash and due from banks | 191,534,000 | 134,918 | 133,896 | 141,621 | 135,345,000 | |||
total cash and cash equivalents | 276,534,000 | 375,418 | 199,896 | 157,121 | 196,845,000 | |||
held to maturity | 2,385,000 | 2,160 | 2,060 | 2,060 | 2,060,000 | |||
available for sale | 2,979,381,000 | 2,886,049 | 3,971,888 | 3,349,083 | 2,932,680,000 | |||
loans: | ||||||||
commercial, financial and agricultural | 3,068,162,000 | 1,426,933 | 1,548,540 | 1,525,863 | 1,536,813,000 | |||
real estate – mortgage | 949,546,000 | 510,523 | 500,177 | 510,600 | 512,242,000 | |||
real estate – construction | 623,379,000 | 487,120 | 350,592 | 335,637 | 313,802,000 | |||
consumer | 223,391,000 | 143,113 | 145,416 | 148,513 | 154,076,000 | |||
total loans | 5,085,979,000 | 2,795,005 | 2,775,857 | 2,744,179 | 2,744,776,000 | |||
less unearned discounts | ||||||||
loans, net of unearned discounts | 5,084,679,000 | 2,793,857 | 2,773,568 | 2,741,385 | 2,741,529,000 | |||
less allowance for possible loan losses | ||||||||
identified intangible assets | 47,589,000 | 5,646 | 6,212 | 6,531 | 6,850,000 | |||
liabilities | ||||||||
demand – non-interest bearing | 1,065,310,000 | 834,827 | 757,875 | 763,896 | 753,612,000 | |||
senior notes | 21,295,000 | |||||||
common shares of 1.00 par value. authorized 75,000,000 shares; issued 68,288,065 shares on june 30, 2004 and 52,774,176 shares on december 31, 2003 | 68,288,000 | |||||||
accumulated other comprehensive (loss) income | ||||||||
less cost of shares in treasury, 17,594,464 shares on june 30, 2004 and 14,068,296 shares on december 31, 2003 | ||||||||
common shares of 1.00 par value. authorized 75,000,000 shares; issued 52,876,346 shares on march 31, 2004 and 52,774,176 shares on december 31, 2003 | 52,876 | |||||||
accumulated other comprehensive income | 18,411 | 12,051 | 43,683 | 51,188,000 | ||||
less cost of shares in treasury, 14,074,582 shares on march 31, 2004 and 14,068,296 shares on december 31, 2003 | ||||||||
federal funds purchased and securities sold under repurchase agreements | 473,482 | 478,405 | ||||||
other borrowed funds and long term debt | 2,125,401 | 1,380,528 | 945,653,000 | |||||
common shares of 1.00 par value. authorized 75,000,000 shares; issued 52,640,630 shares on september 30, 2003 and 41,766,439 shares on december 31, 2002 | 52,641 | |||||||
less cost of shares in treasury, 14,037,470 shares on september 30, 2003 and 10,506,298 shares on december 31, 2002 | ||||||||
common shares of 1.00 par value. authorized 75,000,000 shares; issued 52,583,280 shares on june 30, 2003 and 41,766,439 shares on december 31, 2002 | 52,583 | |||||||
less cost of shares in treasury, 13,884,122 shares on june 30, 2003 and 10,506,298 shares on december 31, 2002 | ||||||||
common shares of 1.00 par value. authorized 75,000,000 shares; issued 41,946,348 shares on march 31, 2003 and 41,766,439 shares on december 31, 2002 | 41,946,000 | |||||||
less cost of shares in treasury, 11,020,967 shares on march 31, 2003 and 10,506,298 shares on december 31, 2002 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 | 2003-09-30 | 2003-06-30 | 2003-03-31 | 2002-09-30 | 2002-06-30 | 2002-03-31 | 2001-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities: | |||||||||||||||||||||||||||||||||||||
net income | 102,186,000 | 106,884,000 | 108,375,000 | 100,142,000 | 96,892,000 | 115,084,000 | 99,772,000 | 96,980,000 | 97,331,000 | 103,264,000 | 100,485,000 | 101,643,000 | 105,412,000 | 83,356,000 | 57,971,000 | 53,493,000 | 56,526,000 | 32,662,000 | 34,590,000 | 18,644,000 | 31,775,000 | 26,593,000 | 34,658,000 | 23,975,000 | 35,468,000 | 33,372,000 | 37,660,000 | 33,171,000 | 26,229,000 | 26,519,000 | 33,858,000 | 28,475,000 | 31,325,000 | 30,701,000 | 19,563,000 | 22,387,000 | 21,444,000 |
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||
credit loss expense | 3,024,000 | 1,827,000 | 4,398,000 | 3,329,000 | 8,602,000 | ||||||||||||||||||||||||||||||||
specific reserve, other real estate owned | 23,000 | 1,255,000 | 355,000 | 2,213,000 | 47,000 | 250,000 | 400,000 | ||||||||||||||||||||||||||||||
depreciation of bank premises and equipment | 6,176,000 | 5,697,000 | 5,486,000 | 5,613,000 | 5,594,000 | 5,715,000 | 5,629,000 | 5,488,000 | 5,408,000 | 5,466,000 | 5,425,000 | 5,455,000 | 5,475,000 | 8,178,000 | 7,813,000 | 7,556,000 | 7,201,000 | 7,061,000 | 6,744,000 | 6,657,000 | 6,097,000 | 5,710,000 | 5,184,000 | 4,415,000 | 4,051,000 | 7,842,000 | 80,000 | 3,934,000 | 4,158,000 | 4,074,000 | 3,820,000 | 3,306,000 | |||||
gain on sale of bank premises and equipment | -19,000 | -8,000 | -7,000 | -6,000 | -9,000 | -342,000 | -2,000 | -74,000 | -2,991,000 | ||||||||||||||||||||||||||||
gain on sale of other real estate owned | -1,000 | -23,000 | -258,000 | -4,207,000 | -254,000 | -2,372,000 | -777,000 | ||||||||||||||||||||||||||||||
accretion of investment securities discounts | -1,670,000 | -1,096,000 | -985,000 | -1,196,000 | -1,020,000 | -502,000 | -455,000 | -459,000 | -383,000 | -589,000 | -525,000 | -497,000 | -235,000 | ||||||||||||||||||||||||
amortization of investment securities premiums | 949,000 | 1,112,000 | 1,110,000 | 1,166,000 | 1,407,000 | 1,351,000 | 1,427,000 | 1,740,000 | 1,687,000 | 1,817,000 | 2,844,000 | 3,511,000 | 5,262,000 | 1,097,000 | 1,008,000 | 1,068,000 | 1,053,000 | 1,035,000 | 987,000 | 5,174,000 | 6,659,000 | 7,474,000 | 6,491,000 | 7,919,000 | 7,973,000 | 9,809,000 | 6,748,000 | 5,086,000 | 4,493,000 | 4,159,000 | 3,749,000 | 2,414,000 | |||||
unrealized loss on equity securities with readily determinable fair values | 36,000 | -22,000 | -67,000 | 94,000 | -201,000 | 23,000 | 57,000 | 142,000 | 92,000 | -34,000 | -692,000 | 230,000 | 229,000 | 269,000 | -121,000 | ||||||||||||||||||||||
stock based compensation expense | 18,000 | 20,000 | 21,000 | 45,000 | 47,000 | 48,000 | 74,000 | 76,000 | 77,000 | 102,000 | 118,000 | 108,000 | 121,000 | 212,000 | 190,000 | 179,000 | |||||||||||||||||||||
earnings from affiliates and other investments | -530,000 | -955,000 | -802,000 | -5,881,000 | -1,605,000 | -2,474,000 | |||||||||||||||||||||||||||||||
deferred tax expense | 1,547,000 | 2,408,000 | 1,786,000 | 405,000 | 1,595,000 | 2,386,000 | 6,278,000 | -1,841,000 | 568,000 | 125,000 | 452,000 | 580,000 | |||||||||||||||||||||||||
decrease in accrued interest receivable | -2,893,000 | -3,233,000 | -6,346,000 | -3,175,000 | 3,038,000 | -518,000 | 139,000 | -1,193,000 | 1,430,000 | -1,502,000 | 334,000 | 1,664,000 | 611,000 | ||||||||||||||||||||||||
decrease in other assets | -5,361,000 | -2,278,000 | 7,844,000 | 13,783,000 | -9,587,000 | -3,551,000 | 681,000 | -4,455,000 | |||||||||||||||||||||||||||||
increase in other liabilities | 17,245,000 | 11,440,000 | 4,106,000 | -21,760,000 | 18,878,000 | -24,926,000 | 6,817,000 | -7,056,000 | 23,914,000 | 14,106,000 | -8,598,000 | 32,419,000 | -80,810,000 | 38,732,000 | 23,011,000 | 20,810,000 | -29,465,000 | ||||||||||||||||||||
net cash from operating activities | 120,730,000 | -182,050,000 | 115,154,000 | 95,495,000 | 140,464,000 | -238,006,000 | 116,477,000 | 107,194,000 | 135,395,000 | 113,721,000 | 85,249,000 | 142,690,000 | -60,023,000 | 121,125,000 | 88,285,000 | 79,097,000 | -146,758,000 | 26,526,000 | -42,069,000 | 50,124,000 | 68,949,000 | 54,578,000 | 16,515,000 | 49,163,000 | 58,332,000 | 19,541,000 | 52,666,000 | 53,462,000 | 17,615,000 | 46,990,000 | 8,264,000 | ||||||
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
free cash flows | 120,730,000 | -182,050,000 | 115,154,000 | 95,495,000 | 140,464,000 | -238,006,000 | 116,477,000 | 107,194,000 | 135,395,000 | 113,721,000 | 85,249,000 | 142,690,000 | -60,023,000 | 121,125,000 | 88,285,000 | 79,097,000 | -146,758,000 | 26,526,000 | -42,069,000 | 50,124,000 | 68,949,000 | 54,578,000 | 16,515,000 | 49,163,000 | 58,332,000 | 19,541,000 | 52,666,000 | 53,462,000 | 17,615,000 | 46,990,000 | 8,264,000 | ||||||
investing activities: | |||||||||||||||||||||||||||||||||||||
proceeds from maturities of securities | 2,075,000 | 125,000 | 0 | 1,200,000 | 0 | 1,000,000 | 1,075,000 | 0 | 49,967,000 | 1,200,000 | 125,000 | 1,000,000 | 1,075,000 | 5,888,000 | 12,765,000 | 3,250,000 | 0 | 3,460,000 | 1,810,000 | 2,966,000 | 900,000 | 500,000 | 1,284,000 | 24,769,000 | 2,293,000 | 1,300,000 | 1,300,000 | 1,500,000 | 1,370,000 | 1,300,000 | 1,300,000 | 500,000 | |||||
proceeds from sales and calls of available for sale securities | 3,345,000 | 11,255,000 | 730,000 | 3,505,000 | 2,030,000 | 0 | 1,720,000 | 1,595,000 | 0 | 450,000 | |||||||||||||||||||||||||||
purchases of available for sale securities | -332,643,000 | -159,124,000 | -196,936,000 | -179,864,000 | -180,250,000 | -294,683,000 | -135,249,000 | -291,862,000 | -93,525,000 | -595,184,000 | -341,644,000 | -456,242,000 | -362,746,000 | ||||||||||||||||||||||||
principal collected on mortgage backed securities | 301,175,000 | 228,817,000 | 245,786,000 | 200,123,000 | 238,309,000 | 188,496,000 | 155,062,000 | 177,362,000 | 162,749,000 | 134,171,000 | 189,905,000 | 208,499,000 | 207,302,000 | ||||||||||||||||||||||||
net increase in loans | -189,893,000 | 577,572,000 | -263,500,000 | -68,069,000 | -271,706,000 | 538,057,000 | -320,310,000 | -161,396,000 | -80,879,000 | ||||||||||||||||||||||||||||
purchases of other investments | -12,640,000 | -11,252,000 | -9,011,000 | -21,439,000 | -8,015,000 | -3,816,000 | -21,246,000 | -3,804,000 | -11,692,000 | -9,935,000 | -4,546,000 | -26,210,000 | -42,043,000 | ||||||||||||||||||||||||
distributions from other investments | 1,103,000 | 1,235,000 | 203,000 | 275,000 | 22,765,000 | 4,593,000 | 1,800,000 | 1,725,000 | 1,924,000 | 5,124,000 | 2,862,000 | 1,550,000 | 1,583,000 | 11,933,000 | 120,000 | 1,306,000 | 7,000 | 3,929,000 | |||||||||||||||||||
purchases of bank premises and equipment | -4,685,000 | -2,934,000 | -3,864,000 | -7,378,000 | -6,911,000 | -2,341,000 | -6,541,000 | -9,194,000 | -5,595,000 | -4,290,000 | -4,227,000 | -6,085,000 | -2,486,000 | ||||||||||||||||||||||||
proceeds from sales of bank premises and equipment | 19,000 | 8,000 | 7,000 | 6,000 | 9,000 | 572,000 | 2,000 | 118,000 | 2,379,000 | 3,683,000 | 6,461,000 | ||||||||||||||||||||||||||
proceeds from sales of other real estate owned | 402,000 | 1,472,000 | 161,000 | 453,000 | 635,000 | 4,436,000 | 650,000 | 2,691,000 | 2,190,000 | 1,339,000 | 4,898,000 | ||||||||||||||||||||||||||
net cash from investing activities | -231,742,000 | 424,397,000 | -193,898,000 | -27,656,000 | -275,278,000 | 521,852,000 | -252,212,000 | -267,122,000 | -83,621,000 | -445,464,000 | 61,299,000 | -568,298,000 | 381,401,000 | -176,605,000 | -253,985,000 | -26,710,000 | 1,371,040,000 | -33,419,000 | -84,742,000 | 149,282,000 | 156,502,000 | 114,800,000 | 81,176,000 | ||||||||||||||
financing activities: | |||||||||||||||||||||||||||||||||||||
net increase in non-interest bearing demand deposits | -13,172,000 | -61,755,000 | 169,383,000 | -44,766,000 | -287,561,000 | -297,310,000 | -100,921,000 | 64,844,000 | 198,680,000 | -39,096,000 | 17,594,000 | -38,155,000 | 53,823,000 | 92,776,000 | -26,908,000 | 81,383,000 | 63,343,000 | -2,499,000 | 20,357,000 | -6,021,000 | 10,284,000 | 69,646,000 | -7,736,000 | 19,690,000 | -32,836,000 | ||||||||||||
net increase in savings and interest bearing demand deposits | 159,583,000 | 3,961,000 | 14,417,000 | 124,725,000 | 43,052,000 | 21,469,000 | 144,314,000 | -24,836,000 | 88,378,000 | 99,184,000 | -28,897,000 | -37,214,000 | 17,856,000 | 39,579,000 | -15,717,000 | 49,069,000 | 31,222,000 | -1,113,000 | 33,071,000 | 18,140,000 | |||||||||||||||||
net increase in time deposits | 39,809,000 | 118,128,000 | 69,911,000 | 46,135,000 | 156,848,000 | 126,873,000 | 92,863,000 | 50,905,000 | 147,556,000 | 76,211,000 | 7,676,000 | 79,564,000 | -41,930,000 | 23,291,000 | 40,738,000 | -42,072,000 | |||||||||||||||||||||
net increase in securities sold under repurchase agreements | 19,313,000 | 48,226,000 | 26,197,000 | 54,635,000 | 94,670,000 | 26,620,000 | 54,552,000 | 62,447,000 | 58,332,000 | -47,689,000 | -6,225,000 | 23,277,000 | 50,419,000 | 272,864,000 | 70,314,000 | 191,747,000 | 2,204,000 | -19,388,000 | -22,076,000 | 186,208,000 | |||||||||||||||||
net increase in other borrowed funds | -54,000 | 29,948,000 | 19,948,000 | ||||||||||||||||||||||||||||||||||
purchase of treasury stock | -60,000 | -60,000 | 0 | -221,000 | -247,000 | 0 | -495,000 | -84,000 | -3,367,000 | -1,036,000 | -109,000 | -11,390,000 | -37,169,000 | -3,380,000 | -12,000 | ||||||||||||||||||||||
proceeds from stock transactions | 435,000 | 218,000 | 455,000 | 450,000 | 343,000 | 462,000 | 645,000 | 358,000 | 2,293,000 | 360,000 | 209,000 | 85,000 | 805,000 | 345,000 | 241,000 | 146,000 | 182,000 | 1,648,000 | 1,998,000 | 1,994,000 | 431,000 | 450,000 | 329,000 | 709,000 | 540,000 | 2,582,000 | 1,548,000 | 884,000 | 3,046,000 | 1,458,000 | 811,000 | 1,398,000 | 2,044,000 | 896,000 | 998,000 | 1,222,000 | 533,000 |
payments of cash dividends | -45,390,000 | -43,511,000 | 0 | -43,550,000 | -41,047,000 | 0 | -41,031,000 | -39,096,000 | 0 | -39,151,000 | -37,349,000 | 0 | -38,026,000 | ||||||||||||||||||||||||
net cash from financing activities | 160,464,000 | -472,589,000 | -63,853,000 | 74,622,000 | 371,619,000 | -451,950,000 | 123,405,000 | 43,141,000 | 206,121,000 | 4,881,000 | -316,123,000 | -467,068,000 | -329,268,000 | -117,405,000 | 134,217,000 | 186,570,000 | -1,518,050,000 | 127,976,000 | -74,191,000 | -9,525,000 | 726,591,000 | ||||||||||||||||
increase in cash and cash equivalents | 49,452,000 | -142,597,000 | 142,461,000 | 236,805,000 | -12,330,000 | -116,787,000 | 257,895,000 | -326,862,000 | -169,575,000 | -892,676,000 | -172,885,000 | -31,483,000 | 238,957,000 | 25,000,000 | 58,012,000 | 78,040,000 | -3,459,000 | 82,036,000 | 66,161,000 | -98,884,000 | 159,689,000 | 42,775,000 | -39,724,000 | 42,741,000 | |||||||||||||
cash and cash equivalents at beginning of period | 536,487,000 | 0 | 0 | 352,652,000 | 0 | 0 | 651,058,000 | 0 | 0 | 2,087,724,000 | 0 | 0 | 3,209,242,000 | 0 | 0 | 297,207,000 | 0 | 0 | 458,118,000 | 0 | 0 | 195,770,000 | 0 | 0 | 215,729,000 | 0 | 0 | 154,104,000 | |||||||||
cash and cash equivalents at end of period | 585,939,000 | -142,597,000 | 142,461,000 | 589,457,000 | -12,330,000 | -116,787,000 | 908,953,000 | -326,862,000 | -169,575,000 | 1,195,048,000 | -172,885,000 | -31,483,000 | 3,448,199,000 | -129,100,000 | 25,000,000 | 355,219,000 | -102,803,000 | 17,532,000 | 347,056,000 | 78,040,000 | -3,459,000 | 277,806,000 | 66,161,000 | -98,884,000 | 375,418,000 | 42,775,000 | -39,724,000 | 196,845,000 | 5,301,000 | -20,906,000 | 175,147,000 | -15,632,000 | |||||
supplemental cash flow information: | |||||||||||||||||||||||||||||||||||||
interest paid | 50,372,000 | 54,959,000 | 53,424,000 | 55,834,000 | 52,970,000 | 48,144,000 | 48,181,000 | 31,951,000 | 26,152,000 | 19,731,000 | 8,903,000 | 6,404,000 | 6,297,000 | 73,917,000 | 90,715,000 | 85,580,000 | 82,801,000 | 74,560,000 | 68,940,000 | 51,988,000 | 45,401,000 | 39,353,000 | 20,895,000 | 22,461,000 | 20,400,000 | 24,898,000 | 20,603,000 | 24,285,000 | 18,533,000 | 10,237,000 | 31,244,000 | 48,794,000 | |||||
non-cash investing and financing activities: | |||||||||||||||||||||||||||||||||||||
net transfers from loans to other real estate owned | 16,000 | -153,000 | 1,547,000 | 153,000 | 0 | 3,090,000 | 110,000 | 35,000 | 166,000 | 353,000 | -1,073,000 | ||||||||||||||||||||||||||
unrealized gain on equity securities with readily determinable fair values | 141,000 | ||||||||||||||||||||||||||||||||||||
increase in accrued interest receivable | 3,067,000 | -2,621,000 | -2,857,000 | 190,000 | -1,149,000 | -5,388,000 | -1,036,000 | -4,288,000 | |||||||||||||||||||||||||||||
stock compensation expense | 233,000 | 234,000 | |||||||||||||||||||||||||||||||||||
equity in undistributed net income of subsidiaries | |||||||||||||||||||||||||||||||||||||
increase in other assets and other investments | |||||||||||||||||||||||||||||||||||||
redemption of long-term debt | 0 | ||||||||||||||||||||||||||||||||||||
payments of cash dividends - common | |||||||||||||||||||||||||||||||||||||
increase in cash | |||||||||||||||||||||||||||||||||||||
cash at beginning of year | |||||||||||||||||||||||||||||||||||||
cash at end of year | |||||||||||||||||||||||||||||||||||||
non-cash investing activities: | |||||||||||||||||||||||||||||||||||||
net transfers from loans to other investments | |||||||||||||||||||||||||||||||||||||
loss on sale of other real estate owned | -33,000 | -607,000 | |||||||||||||||||||||||||||||||||||
investment securities transactions | 1,031,000 | 14,757,000 | 153,000 | 0 | 155,000 | 26,000 | |||||||||||||||||||||||||||||||
net decrease in non-interest bearing demand deposits | -130,465,000 | -132,128,000 | -46,325,000 | ||||||||||||||||||||||||||||||||||
paydowns on long-term other borrowed funds | |||||||||||||||||||||||||||||||||||||
income taxes paid | 21,846,000 | 19,063,000 | 21,473,000 | -1,663,000 | 21,527,000 | 29,475,000 | 506,000 | 5,256,000 | 123,000 | 34,451,000 | 4,443,000 | -7,661,000 | 43,000 | 10,568,000 | 26,034,000 | 330,000 | 0 | ||||||||||||||||||||
purchases of available-for-sale securities not yet settled | |||||||||||||||||||||||||||||||||||||
loss (earnings) from affiliates and other investments | -160,000 | 1,432,000 | |||||||||||||||||||||||||||||||||||
provision for credit loss | 12,978,000 | 10,476,000 | 8,816,000 | 8,587,000 | -13,304,000 | 8,525,000 | 3,735,000 | 1,481,000 | |||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||
increase in other assets | -2,000,000 | 1,277,000 | |||||||||||||||||||||||||||||||||||
net decrease in other borrowed funds | -51,000 | -51,000 | -50,000 | -49,000 | -50,000 | -49,000 | -49,000 | -48,000 | -48,000 | ||||||||||||||||||||||||||||
losses from affiliates and other investments | |||||||||||||||||||||||||||||||||||||
net decrease in loans | -325,840,000 | -43,330,000 | -102,525,000 | -24,449,000 | 18,481,000 | 159,246,000 | -625,000 | 27,584,000 | 7,667,000 | ||||||||||||||||||||||||||||
net transfers from bank premises and equipment to other assets | 0 | 0 | 2,476,000 | ||||||||||||||||||||||||||||||||||
deferred tax benefit | |||||||||||||||||||||||||||||||||||||
net decrease in savings and interest bearing demand deposits | -158,129,000 | ||||||||||||||||||||||||||||||||||||
net decrease in notes receivable | |||||||||||||||||||||||||||||||||||||
loss on sale of bank premises and equipment | -346,000 | 13,000 | |||||||||||||||||||||||||||||||||||
proceeds from settlements of claims | |||||||||||||||||||||||||||||||||||||
deferred income taxes | -1,249,000 | -669,000 | 80,000 | ||||||||||||||||||||||||||||||||||
net decrease in time deposits | |||||||||||||||||||||||||||||||||||||
dividends declared, not yet paid on common stock | |||||||||||||||||||||||||||||||||||||
(credit) provision for possible loan losses | |||||||||||||||||||||||||||||||||||||
amortization of loan premiums | 6,000 | 58,000 | 175,000 | 273,000 | 320,000 | 372,000 | |||||||||||||||||||||||||||||||
accretion of time deposit discounts | |||||||||||||||||||||||||||||||||||||
accretion of time deposits with banks | |||||||||||||||||||||||||||||||||||||
decrease in loans held for sale | |||||||||||||||||||||||||||||||||||||
depreciation and amortization of leased assets | 542,000 | 541,000 | 542,000 | 542,000 | 541,000 | 542,000 | 542,000 | 461,000 | 422,000 | 422,000 | 421,000 | 422,000 | |||||||||||||||||||||||||
amortization of junior subordinated debenture discounts | 77,000 | 107,000 | 108,000 | ||||||||||||||||||||||||||||||||||
amortization of identified intangible assets | 1,332,000 | 1,320,000 | 1,209,000 | 1,217,000 | 1,216,000 | 1,217,000 | 1,298,000 | 1,299,000 | 1,298,000 | 1,595,000 | 246,000 | 246,000 | |||||||||||||||||||||||||
net decrease in other assets | -5,160,000 | 7,147,000 | -770,000 | 2,155,000 | 3,885,000 | -6,066,000 | 25,093,000 | 1,504,000 | |||||||||||||||||||||||||||||
net increase in other liabilities | 10,727,000 | -21,971,000 | 25,331,000 | 70,390,000 | -1,691,000 | 18,911,000 | 15,396,000 | 12,878,000 | 25,669,000 | -22,434,000 | 23,947,000 | 14,231,000 | |||||||||||||||||||||||||
proceeds from sales of available for sale securities | 102,012,000 | 699,531,000 | 39,538,000 | 60,950,000 | 0 | 229,830,000 | 368,293,000 | 279,535,000 | 194,090,000 | 119,797,000 | 117,350,000 | 138,479,000 | 115,538,000 | 66,537,000 | 159,155,000 | ||||||||||||||||||||||
principal collected on mortgage-backed securities | 268,316,000 | 245,599,000 | 225,074,000 | 247,365,000 | 219,996,000 | 185,953,000 | 291,797,000 | 211,031,000 | 163,977,000 | 188,213,000 | 264,834,000 | 145,883,000 | 586,858,000 | 480,265,000 | 411,351,000 | 273,325,000 | 254,110,000 | 350,689,000 | 309,551,000 | ||||||||||||||||||
maturities of time deposits with banks | 10,559,000 | 21,619,000 | 3,465,000 | ||||||||||||||||||||||||||||||||||
distributions of other investments | 48,075,000 | 42,499,000 | 6,688,000 | ||||||||||||||||||||||||||||||||||
proceeds from sale of bank premises and equipment | 1,951,000 | 5,146,000 | 820,000 | 76,000 | 9,162,000 | 259,000 | 68,000 | 29,000 | 407,000 | 143,000 | 13,000 | 17,000 | 7,000 | 2,671,000 | 668,000 | 342,000 | 28,000 | ||||||||||||||||||||
adjustment to goodwill related to prior acquisition | 0 | 0 | 5,885,000 | ||||||||||||||||||||||||||||||||||
cash paid in purchase transaction | |||||||||||||||||||||||||||||||||||||
cash acquired in purchase transaction | 0 | 0 | 30,772,000 | 0 | |||||||||||||||||||||||||||||||||
proceeds of issuance of long-term debt | 0 | ||||||||||||||||||||||||||||||||||||
principal payments of long term-debt | |||||||||||||||||||||||||||||||||||||
payment of cash dividends | |||||||||||||||||||||||||||||||||||||
payment of cash dividends in lieu of fractional shares | |||||||||||||||||||||||||||||||||||||
decrease in cash and cash equivalents | |||||||||||||||||||||||||||||||||||||
adjustment to goodwill arising from prior acquisition | 0 | ||||||||||||||||||||||||||||||||||||
provision for possible loan losses | 1,198,000 | 1,361,000 | 1,954,000 | 82,000 | 597,000 | -196,000 | 221,000 | 2,610,000 | 2,066,000 | 1,375,000 | 1,342,000 | 2,077,000 | 2,124,000 | 1,989,000 | 2,232,000 | 2,057,000 | 2,074,000 | ||||||||||||||||||||
net cash provided by operating activities | |||||||||||||||||||||||||||||||||||||
net provided by (used in) investing activities | |||||||||||||||||||||||||||||||||||||
net cash (used in) provided by financing activities | |||||||||||||||||||||||||||||||||||||
impairment on investment securities | 17,014,000 | ||||||||||||||||||||||||||||||||||||
net (increase) decrease in other assets | |||||||||||||||||||||||||||||||||||||
net (decrease) increase in non-interest bearing demand deposits | -8,575,000 | ||||||||||||||||||||||||||||||||||||
net increase (decrease) in savings and interest bearing demand deposits | 114,045,000 | ||||||||||||||||||||||||||||||||||||
net (decrease) increase in time deposits | |||||||||||||||||||||||||||||||||||||
net change in other borrowed funds | |||||||||||||||||||||||||||||||||||||
adjustment to goodwill arising from acquisition | 2,076,000 | ||||||||||||||||||||||||||||||||||||
gain on sale of other investments | |||||||||||||||||||||||||||||||||||||
gain on sale of assets | |||||||||||||||||||||||||||||||||||||
accretion of junior subordinated interest deferrable debentures | |||||||||||||||||||||||||||||||||||||
contributions to subsidiaries | |||||||||||||||||||||||||||||||||||||
(repurchase) proceeds of repurchase agreement with banks | |||||||||||||||||||||||||||||||||||||
purchase of available for sale other securities | |||||||||||||||||||||||||||||||||||||
proceeds of sales of available for sale securities | |||||||||||||||||||||||||||||||||||||
proceeds from issuance of subordinated debentures | |||||||||||||||||||||||||||||||||||||
proceeds from payments of subordinated debentures | |||||||||||||||||||||||||||||||||||||
principal payments on senior notes | |||||||||||||||||||||||||||||||||||||
payments of cash dividends in lieu of fractional shares | |||||||||||||||||||||||||||||||||||||
principal collected on other securities | |||||||||||||||||||||||||||||||||||||
net (increase) decrease in loans | |||||||||||||||||||||||||||||||||||||
distributions (purchases) of other investments | -893,000 | -1,722,000 | 4,627,000 | 43,310,000 | |||||||||||||||||||||||||||||||||
net increase (decrease) in time deposits | 45,245,000 | ||||||||||||||||||||||||||||||||||||
net (decrease) increase in securities sold under repurchase agreements | |||||||||||||||||||||||||||||||||||||
proceeds from issuance of other borrowed funds | 1,872,165,000 | 1,654,522,000 | 1,012,000,000 | 1,035,000,000 | 925,000,000 | 1,145,000,000 | 430,000,000 | 630,000,000 | 90,000,000 | ||||||||||||||||||||||||||||
principal payments on other borrowed funds | |||||||||||||||||||||||||||||||||||||
(decrease) increase in cash and cash equivalents | |||||||||||||||||||||||||||||||||||||
accretion of junior subordinated debenture discounts | 147,000 | 147,000 | 256,000 | 257,000 | 256,000 | 256,000 | 257,000 | 256,000 | |||||||||||||||||||||||||||||
amortization of time deposit discounts | |||||||||||||||||||||||||||||||||||||
proceeds from sales of available-for-sale securities | 75,960,000 | ||||||||||||||||||||||||||||||||||||
net provided by financing activities | 55,250,000 | ||||||||||||||||||||||||||||||||||||
proceeds from matured time deposits with banks | 23,600,000 | 0 | 479,000 | 674,000 | 1,085,000 | ||||||||||||||||||||||||||||||||
purchases of time deposits with banks | |||||||||||||||||||||||||||||||||||||
net increase (decrease) in other liabilities | |||||||||||||||||||||||||||||||||||||
(purchases) distributions of other investments | |||||||||||||||||||||||||||||||||||||
net from financing activities | 355,155,000 | ||||||||||||||||||||||||||||||||||||
gain on investment securities transactions | |||||||||||||||||||||||||||||||||||||
earnings from unconsolidated affiliates and other investments | |||||||||||||||||||||||||||||||||||||
net increase in federal funds purchased and securities sold under repurchase agreements | 31,445,000 | 4,108,000 | 2,640,000 | -4,923,000 | 3,747,000 | 16,743,000 | 17,312,000 | ||||||||||||||||||||||||||||||
(purchases) disposals of bank premises and equipment | |||||||||||||||||||||||||||||||||||||
impairment charges and write downs on investments | |||||||||||||||||||||||||||||||||||||
gain on sale of branches | |||||||||||||||||||||||||||||||||||||
depreciation and amortization of leasing assets | 422,000 | 477,000 | 569,000 | 684,000 | 654,000 | 654,000 | 767,000 | ||||||||||||||||||||||||||||||
amortization of identified intangibles | 319,000 | 319,000 | 319,000 | 551,000 | 312,000 | ||||||||||||||||||||||||||||||||
equity losses from affiliates and other investments | 1,651,000 | 4,026,000 | |||||||||||||||||||||||||||||||||||
net increase in other assets | |||||||||||||||||||||||||||||||||||||
net (increase) in loans | |||||||||||||||||||||||||||||||||||||
cash paid in excess of net assets acquired | |||||||||||||||||||||||||||||||||||||
cash paid with sale of branches | |||||||||||||||||||||||||||||||||||||
proceeds from issuance of other borrowed funds and long term debt | 1,415,000,000 | 1,045,000,000 | 440,000,000 | 827,367,000 | 378,219,000 | ||||||||||||||||||||||||||||||||
loss on investment securities transactions | |||||||||||||||||||||||||||||||||||||
amortization of intangible assets | |||||||||||||||||||||||||||||||||||||
impairment charge on goodwill | |||||||||||||||||||||||||||||||||||||
equity loss (earnings) from affiliates and other investments | |||||||||||||||||||||||||||||||||||||
purchase of other investments | |||||||||||||||||||||||||||||||||||||
purchase of bank premises and equipment | |||||||||||||||||||||||||||||||||||||
net cash from (used in) investing activities | |||||||||||||||||||||||||||||||||||||
net increase (decrease) in federal funds purchased and securities sold under repurchase agreements | |||||||||||||||||||||||||||||||||||||
impairment charge | |||||||||||||||||||||||||||||||||||||
increase accrued interest receivable | |||||||||||||||||||||||||||||||||||||
net cash from (provided by) investing activities | |||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of year | 0 | 285,222,000 | |||||||||||||||||||||||||||||||||||
net increase in federal funds purch securities sold under repurchase agreements | |||||||||||||||||||||||||||||||||||||
equity earnings from affiliates and other investments | |||||||||||||||||||||||||||||||||||||
benefit from possible loan losses | |||||||||||||||||||||||||||||||||||||
recoveries on charged-off loans | |||||||||||||||||||||||||||||||||||||
net expense from operations of other real estate owned | |||||||||||||||||||||||||||||||||||||
gain on sale of loans | |||||||||||||||||||||||||||||||||||||
realized loss on investment securities transactions | |||||||||||||||||||||||||||||||||||||
proceeds from other borrowed funds |
