XML 26 R3.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks $ 360,734 $ 444,793
Interest-bearing cash with banks 4,890,008 4,170,191
Cash and cash equivalents 5,250,742 4,614,984
Interest-bearing deposits with banks 48,198 10,498
Securities purchased under resale agreements (“resale agreements”) 425,000 785,000
Debt securities:    
Available-for-sale (“AFS”), at fair value (amortized cost of $11,505,775 and $6,916,491) 10,846,811 6,188,337
Held-to-maturity (“HTM”), at amortized cost (fair value of $2,387,754 and $2,453,971) 2,917,413 2,956,040
Loans held-for-sale 0 116
Loans held-for-investment (net of allowance for loan losses of $702,052 and $668,743) 53,024,585 51,542,039
Affordable housing partnership, tax credit and Community Reinvestment Act (“CRA”) investments, net 926,640 905,036
Premises and equipment (net of accumulated depreciation of $166,154 and $157,622) 82,233 86,370
Operating lease right-of-use assets 81,967 94,024
Goodwill 465,697 465,697
Other assets 1,907,189 1,964,743
TOTAL 75,976,475 69,612,884
Deposits:    
Noninterest-bearing 15,450,428 15,539,872
Interest-bearing 47,724,595 40,552,566
Total deposits 63,175,023 56,092,438
Bank Term Funding Program (“BTFP”) borrowings 0 4,500,000
Federal Home Loan Bank (“FHLB”) advances 3,500,000 0
Long-term debt and finance lease liabilities 35,974 153,011
Operating lease liabilities 89,263 102,353
Accrued expenses and other liabilities 1,453,161 1,814,248
Total liabilities 68,253,421 62,662,050
COMMITMENTS AND CONTINGENCIES (Note 12)
STOCKHOLDERS’ EQUITY    
Common stock, $0.001 par value, 200,000,000 shares authorized; 169,925,379 and 169,372,230 shares issued 170 169
Additional paid-in capital 2,030,712 1,980,818
Retained earnings 7,311,542 6,465,230
Treasury stock, at cost 31,488,080 and 29,344,863 shares (1,034,110) (874,787)
Accumulated other comprehensive loss (“AOCI”), net of tax (585,260) (620,596)
Total stockholders’ equity 7,723,054 6,950,834
TOTAL $ 75,976,475 $ 69,612,884