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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and due from banks, including interest bearing amounts of $845,818 and $425,866, respectively $ 1,091,715 $ 568,137
Securities:    
Equity securities, at fair value 28,217 13,427
Available-for-sale debt securities, at fair value 3,149,043 2,246,072
Held-to-maturity debt securities (fair values of $1,002,796 and $1,006,817, respectively) 1,143,376 1,152,906
Allowance for credit losses, held-to-maturity debt securities (137) (146)
Net held-to-maturity debt securities 1,143,239 1,152,760
Total securities 4,320,499 3,412,259
Loans held for sale 243,281 18,695
Portfolio loans, net of unearned income 18,673,748 12,656,429
Allowance for credit losses - loans (233,617) (138,766)
Net portfolio loans 18,440,131 12,517,663
Premises and equipment, net 281,493 219,076
Accrued interest receivable 108,778 78,324
Goodwill and other intangible assets, net 1,754,703 1,124,016
Bank-owned life insurance 548,601 360,738
Other assets 623,182 385,390
Total Assets 27,412,383 18,684,298
Deposits:    
Non-interest bearing demand 5,318,619 3,842,758
Interest bearing demand 5,000,881 3,771,314
Money market 4,875,384 2,429,977
Savings deposits 3,068,618 2,362,736
Certificates of deposit 3,028,893 1,726,932
Total deposits 21,292,395 14,133,717
Federal Home Loan Bank borrowings 1,476,511 1,000,000
Other short-term borrowings 147,804 192,073
Subordinated debt and junior subordinated debt 360,156 279,308
Total borrowings 1,984,471 1,471,381
Accrued interest payable 26,570 14,228
Other liabilities 327,368 274,691
Total Liabilities 23,630,804 15,894,017
SHAREHOLDERS' EQUITY    
Preferred stock, no par value, 1,000,000 shares authorized; 150,000 shares 6.75% non-cumulative perpetual preferred stock, Series A, liquidation preference $150,000,000, issued and outstanding at March 31, 2025 and December 31, 2024, respectively 144,484 144,484
Common stock, $2.0833 par value; 200,000,000 shares authorized; 95,672,204 and 75,354,034 shares issued; 95,672,204 and 66,919,805 shares outstanding at March 31, 2025 and December 31, 2024, respectively 199,313 156,985
Capital surplus 2,485,223 1,809,679
Retained earnings 1,145,396 1,192,091
Treasury stock (0 and 8,434,229 shares - at cost, respectively) 0 (292,244)
Accumulated other comprehensive loss (190,710) (218,632)
Deferred benefits for directors (2,127) (2,082)
Total Shareholders' Equity 3,781,579 2,790,281
Total Liabilities and Shareholders' Equity $ 27,412,383 $ 18,684,298