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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks $ 163,524 $ 146,696
Interest-bearing deposits with financial institutions 736,293 789,777
Cash and cash equivalents 899,817 936,473
Interest-bearing time deposits with financial institutions 996 995
Investments securities held-to-maturity, at amortized cost, net of allowance for credit losses of $129 and $126 (fair value of $1,427,324 and $1,485,506) at June 30, 2024 and December 31, 2023, respectively 1,710,141 1,729,541
Investment securities available-for-sale, at fair value 1,320,050 1,140,071
FHLB, FRB, and other stock 97,037 99,225
Loans held for sale, at lower of cost or fair value 140 0
Loans held for investment 12,489,951 13,289,020
Allowance for credit losses (183,803) (192,471)
Loans held for investment, net 12,306,148 13,096,549
Accrued interest receivable 69,629 68,516
Other real estate owned 0 248
Premises and equipment, net 52,137 56,676
Deferred income taxes, net 108,607 113,580
Bank owned life insurance 477,694 471,178
Intangible assets 37,686 43,285
Goodwill 901,312 901,312
Other assets 350,931 368,996
Total assets 18,332,325 19,026,645
Deposit accounts:    
Noninterest-bearing checking 4,616,124 4,932,817
Interest-bearing:    
Checking 2,776,212 2,899,621
Money market/savings 4,844,585 4,868,442
Retail certificates of deposit 1,906,552 1,684,560
Wholesale/brokered certificates of deposit 484,181 610,186
Total interest-bearing 10,011,530 10,062,809
Total deposits 14,627,654 14,995,626
FHLB advances and other borrowings 200,000 600,000
Subordinated debentures 332,160 331,842
Accrued expenses and other liabilities 248,747 216,596
Total liabilities 15,408,561 16,144,064
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.01 par value; 1,000,000 authorized; no shares issued and outstanding 0 0
Common stock, $0.01 par value; 150,000,000 shares authorized at June 30, 2024 and December 31, 2023; 96,434,047 shares and 95,860,092 shares issued and outstanding, respectively 941 938
Additional paid-in capital 2,383,615 2,377,131
Retained earnings 629,341 604,137
Accumulated other comprehensive loss (90,133) (99,625)
Total stockholders’ equity 2,923,764 2,882,581
Total liabilities and stockholders’ equity $ 18,332,325 $ 19,026,645