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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and due from banks $ 656,125 $ 360,734
Interest-bearing cash with banks 3,532,014 4,890,008
Cash and cash equivalents 4,188,139 5,250,742
Interest-bearing deposits with banks 16,189 48,198
Securities purchased under resale agreements (“resale agreements”) 425,000 425,000
Debt securities:    
Available-for-sale (“AFS”), at fair value (amortized cost of $13,619,781 and $11,505,775) 13,212,220 10,846,811
Held-to-maturity (“HTM”), at amortized cost (fair value of $2,479,746 and $2,387,754) 2,870,058 2,917,413
Loans held-for-sale 20,976 0
Loans held-for-investment (net of allowance for loan and lease losses (“ALLL”) of $809,773 and $702,052) 56,068,399 53,024,585
Affordable housing partnership, tax credit and CRA investments, net 969,492 926,640
Premises and equipment (net of accumulated depreciation of $175,297 and $166,154) 82,310 82,233
Operating lease right-of-use assets 125,407 81,967
Goodwill 465,697 465,697
Other assets 1,991,110 1,907,189
TOTAL 80,434,997 75,976,475
Deposits:    
Noninterest-bearing 16,697,099 15,450,428
Interest-bearing 50,385,602 47,724,595
Total deposits 67,082,701 63,175,023
Federal Home Loan Bank (“FHLB”) advances 3,000,000 3,500,000
Long-term debt and finance lease liabilities 35,645 35,974
Operating lease liabilities 138,206 89,263
Accrued expenses and other liabilities 1,279,243 1,453,161
Total liabilities 71,535,795 68,253,421
COMMITMENTS AND CONTINGENCIES (Note 12)
STOCKHOLDERS’ EQUITY    
Common stock, $0.001 par value, 200,000,000 shares authorized; 170,487,574 and 169,925,379 shares issued 170 170
Additional paid-in capital 2,111,316 2,030,712
Retained earnings 8,301,522 7,311,542
Treasury stock, at cost 32,908,712 and 31,488,080 shares (1,168,196) (1,034,110)
Accumulated other comprehensive loss (“AOCI”), net of tax (345,610) (585,260)
Total stockholders’ equity 8,899,202 7,723,054
TOTAL $ 80,434,997 $ 75,976,475