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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Assets:    
Cash and due from banks $ 63,640 $ 60,787
Interest-earning deposits in other banks 85,385 55,134
Investment securities:    
Available for sale debt securities, at fair value 2,180,570 2,030,696
Preferred stock and other equity securities, at fair value 88,476 90,107
Federal Home Loan Bank and other bank stock, at cost 58,184 56,881
Total investment securities 2,327,230 2,177,684
Loans held for sale 4,167 12,736
Loans:    
Loans 8,704,392 7,977,784
Allowance for loan losses (49,213) (47,145)
Loans, net 8,655,179 7,930,639
Premises and equipment, net 39,424 36,144
Other real estate owned 14,072 14,906
Goodwill 139,784 81,204
Core deposit intangible 7,954 3,668
Deferred tax assets, net 34,933 27,043
Bank-owned life insurance 212,925 201,069
Other assets 77,420 76,065
Total assets 11,662,113 10,677,079
Transaction accounts:    
Noninterest-bearing 1,478,837 1,236,685
Interest-bearing 4,770,265 4,830,525
Total transaction accounts 6,249,102 6,067,210
Time deposits 3,237,174 2,606,717
Total deposits 9,486,276 8,673,927
Borrowings (including FHLB advances of $657,000 and $670,000, respectively) 753,921 749,113
Other liabilities 117,774 74,867
Total liabilities 10,357,971 9,497,907
Commitments and contingencies (Note 13)
Stockholders’ Equity:    
Additional paid-in capital 1,034,687 933,960
Retained earnings 353,019 313,645
Accumulated other comprehensive income (loss) (6,240) 8,893
Treasury stock, at cost; 2,727,865; 2,694,489 Class A and 192,132; 192,132 Class B common shares (77,373) (77,373)
Total stockholders’ equity 1,304,142 1,179,172
Total liabilities and stockholders’ equity 11,662,113 10,677,079
Class A Common Stock    
Stockholders’ Equity:    
Common stock 49 47
Class B Non-voting Common Stock    
Stockholders’ Equity:    
Common stock 0 0
New loans    
Loans:    
Loans 7,976,251 7,661,385
Allowance for loan losses (44,690)  
Acquired loans    
Loans:    
Loans 728,141 $ 316,399
Allowance for loan losses $ (1,113)