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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and due from banks, including interest bearing amounts of $754,275 and $425,866, respectively $ 1,157,030 $ 568,137
Securities:    
Equity securities, at fair value 29,538 13,427
Available-for-sale debt securities, at fair value 3,222,819 2,246,072
Held-to-maturity debt securities (fair values of $1,006,110 and $1,006,817, respectively) 1,137,782 1,152,906
Allowance for credit losses, held-to-maturity debt securities (178) (146)
Net held-to-maturity debt securities 1,137,604 1,152,760
Total securities 4,389,961 3,412,259
Loans held for sale 123,019 18,695
Portfolio loans, net of unearned income 18,828,626 12,656,429
Allowance for credit losses - loans (223,866) (138,766)
Net portfolio loans 18,604,760 12,517,663
Premises and equipment, net 274,137 219,076
Accrued interest receivable 106,410 78,324
Goodwill and other intangible assets, net 1,745,170 1,124,016
Bank-owned life insurance 552,051 360,738
Other assets 619,038 385,390
Total Assets 27,571,576 18,684,298
Deposits:    
Non-interest bearing demand 5,328,181 3,842,758
Interest bearing demand 4,865,091 3,771,314
Money market 4,825,154 2,429,977
Savings deposits 3,192,943 2,362,736
Certificates of deposit 2,943,187 1,726,932
Total deposits 21,154,556 14,133,717
Federal Home Loan Bank borrowings 1,750,000 1,000,000
Other short-term borrowings 103,666 192,073
Subordinated debt and junior subordinated debt 357,762 279,308
Total borrowings 2,211,428 1,471,381
Accrued interest payable 25,967 14,228
Other liabilities 360,405 274,691
Total Liabilities 23,752,356 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 June 30, 2025 and December 31, 2024, respectively 144,484 144,484
Common stock, $2.0833 par value; 200,000,000 shares authorized; 95,986,023 and 75,354,034 shares issued; 95,986,023 and 66,919,805 shares outstanding at June 30, 2025 and December 31, 2024, respectively 199,967 156,985
Capital surplus 2,485,458 1,809,679
Retained earnings 1,165,058 1,192,091
Treasury stock (0 and 8,434,229 shares - at cost, respectively) 0 (292,244)
Accumulated other comprehensive loss (173,644) (218,632)
Deferred benefits for directors (2,103) (2,082)
Total Shareholders' Equity 3,819,220 2,790,281
Total Liabilities and Shareholders' Equity $ 27,571,576 $ 18,684,298