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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS:    
Cash and due from banks $ 202,427 $ 212,273
Interest-earning deposits in financial institutions 5,175,149 2,027,949
Total cash and cash equivalents 5,377,576 2,240,222
(amortized cost of $2,699,255 and $5,654,617, respectively) 2,346,864 4,843,487
(fair value of $2,168,316 and $2,110,472, respectively) 2,287,291 [1] 2,269,135
FRB and FHLB stock, at cost 126,346 34,290
Total investment securities 4,760,501 7,146,912
Loans held for sale 122,757 65,076
Gross loans and leases held for investment 25,534,730 28,726,016
Deferred fees, net (45,043) (116,887)
Allowance for loan and lease losses (281,687) (200,732)
Total loans and leases held for investment, net [2] 25,208,000 28,408,397
Equipment leased to others under operating leases 344,325 404,245
Premises and equipment, net 146,798 54,315
Bank owned life insurance 339,643 207,797
Deferred tax asset, net 739,111 281,848
Goodwill 198,627 1,376,736
Core deposit and customer relationship intangibles, net 165,477 31,381
Other assets 1,131,249 1,012,007
Total assets 38,534,064 41,228,936
LIABILITIES:    
Noninterest-bearing deposits 7,774,254 11,212,357
Interest-bearing deposits 22,627,515 22,723,977
Total deposits 30,401,769 33,936,334
Long-Term Debt 2,911,322 1,764,030
Subordinated debt 936,599 867,087
Accrued interest payable and other liabilities 893,609 710,954
Total liabilities 35,143,299 37,278,405
Commitments and contingencies
STOCKHOLDERS' EQUITY:    
Preferred Stock, Value, Issued $ 498,516 $ 498,516
Common Stock, Shares, Outstanding 156,790,349 77,393,448
Additional paid-in capital $ 3,840,974 $ 2,821,064
Retained (deficit) earnings (518,301) 1,420,624
Accumulated other comprehensive loss, net (432,114) (790,903)
Total stockholders' equity 3,390,765 3,950,531
Total liabilities and stockholders' equity 38,534,064 41,228,936
Other Borrowings, Fair Value Disclosure 123,116 132,030
Common Stock    
STOCKHOLDERS' EQUITY:    
Common stock ($0.01 par value, 200,000,000 shares authorized at December 31, 2023 and 2022; 122,105,853 and 123,000,557 shares issued, respectively, includes 2,312,080 and 2,312,080 shares of unvested restricted stock, respectively) $ 1,577 1,230
Class B Non-Voting    
STOCKHOLDERS' EQUITY:    
Common Stock, Shares, Outstanding 477,321  
Common stock ($0.01 par value, 200,000,000 shares authorized at December 31, 2023 and 2022; 122,105,853 and 123,000,557 shares issued, respectively, includes 2,312,080 and 2,312,080 shares of unvested restricted stock, respectively) $ 5 0
Nonvoting Common Stock    
STOCKHOLDERS' EQUITY:    
Common stock ($0.01 par value, 200,000,000 shares authorized at December 31, 2023 and 2022; 122,105,853 and 123,000,557 shares issued, respectively, includes 2,312,080 and 2,312,080 shares of unvested restricted stock, respectively) $ 108 $ 0
[1] Excludes accrued interest receivable of $13.4 million at December 31, 2023 which is recorded in "Other assets" on the consolidated balance shee
[2] Excludes accrued interest receivable of $111.3 million and $124.3 million at December 31, 2023 and 2022, which is recorded in "Other assets" on the consolidated balance sheets.