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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
ASSETS:    
Cash and due from banks $ 192,006 $ 202,427
Interest-earning deposits in financial institutions 2,310,206 5,175,149
Total cash, cash equivalents, and restricted cash 2,502,212 5,377,576
(amortized cost of $2,526,644 and $2,699,255, respectively) 2,246,839 2,346,864
(fair value of $2,156,694 and $2,168,316, respectively) 2,306,149 [1] 2,287,291
FRB and FHLB stock, at cost 147,773 126,346
Total investment securities 4,700,761 4,760,501
Loans held for sale 26,331 122,757
Loans and leases held for investment 23,781,663 25,489,687
Allowance for loan and lease losses 239,360 281,687
Loans and leases held for investment, net [2] 23,542,303 25,208,000
Equipment leased to others under operating leases 307,188 344,325
Premises and equipment, net 142,546 146,798
Bank owned life insurance 339,517 339,643
Deferred tax asset, net 720,587 739,111
Goodwill 214,521 198,627
Intangible assets, net 132,944 165,477
Other assets 913,954 1,131,249
Total assets 33,542,864 38,534,064
LIABILITIES:    
Noninterest-bearing deposits 7,719,913 7,774,254
Interest-bearing deposits 19,471,996 22,627,515
Total deposits 27,191,909 30,401,769
Long-Term Debt 1,391,814 2,911,322
Subordinated debt 941,923 936,599
Accrued interest payable and other liabilities 517,269 893,609
Total liabilities 30,042,915 35,143,299
Commitments and contingencies (Note 13)
STOCKHOLDERS' EQUITY:    
Preferred Stock, Value, Issued $ 498,516 $ 498,516
Common Stock, Shares, Outstanding 158,346,529 156,790,349
Additional paid-in capital $ 3,785,725 $ 3,840,974
Retained deficit (431,201) (518,301)
Accumulated other comprehensive loss, net (354,780) (432,114)
Total stockholders' equity 3,499,949 3,390,765
Total liabilities and stockholders' equity 33,542,864 38,534,064
Common Stock    
STOCKHOLDERS' EQUITY:    
Common stock ($0.01 par value, 158,557,735 shares issued and 158,346,529 outstanding at December 31, 2024 ; 157,651,752 shares issued and 156,790,349 outstanding at December 31, 2023) $ 1,586 1,577
Class B Non-Voting    
STOCKHOLDERS' EQUITY:    
Common Stock, Shares, Outstanding 477,321  
Common stock ($0.01 par value, 158,557,735 shares issued and 158,346,529 outstanding at December 31, 2024 ; 157,651,752 shares issued and 156,790,349 outstanding at December 31, 2023) $ 5 5
Nonvoting Common Stock    
STOCKHOLDERS' EQUITY:    
Common stock ($0.01 par value, 158,557,735 shares issued and 158,346,529 outstanding at December 31, 2024 ; 157,651,752 shares issued and 156,790,349 outstanding at December 31, 2023) $ 98 $ 108
[1] Excludes accrued interest receivable of $13.4 million at December 31, 2024 which is recorded in "Other assets" on the consolidated balance shee
[2] Excludes accrued interest receivable of $96.8 million and $111.3 million at December 31, 2024 and 2023, which is recorded in "Other assets" on the consolidated balance sheets.