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Consolidated Balance Sheets - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Sep. 30, 2022
ASSETS      
CASH AND DUE FROM BANKS $ 208,277,000 $ 293,286,000 $ 227,298,000
INTEREST-BEARING DEMAND DEPOSITS IN BANKS 180,008,000 37,392,000 138,484,000
Total cash and cash equivalents 388,285,000 330,678,000 365,782,000
SECURITIES AVAILABLE-FOR-SALE, at fair value (amortized cost of these securities was $5,463,186, $6,546,471 and $6,152,348 as of September 30, 2023 and 2022, and December 31, 2022, respectively) 4,652,537,000 5,474,359,000 5,745,443,000
LOANS:      
Held-for-investment, excluding PPP loans 6,994,574,000 6,441,699,000 6,255,286,000
PPP loans 122,000 169,000 202,000
Total loans held-for-investment 6,994,696,000 6,441,868,000 6,255,488,000
Less—allowance for credit losses (89,714,000) (75,834,000) (74,108,000)
Net loans held for investment 6,904,982,000 6,366,034,000 6,181,380,000
Held-for-sale ($11,908, $15,892 and $10,497 at fair value September 30, 2023 and 2022, and December 31, 2022, respectively) 12,229,000 11,965,000 18,815,000
BANK PREMISES AND EQUIPMENT, net 152,936,000 152,973,000 152,646,000
INTANGIBLE ASSETS, net 314,850,000 315,534,000 315,833,000
OTHER ASSETS 351,599,000 322,523,000 330,445,000
Total assets 12,777,418,000 12,974,066,000 13,110,344,000
LIABILITIES AND SHAREHOLDERS' EQUITY      
NONINTEREST-BEARING DEPOSITS 3,477,553,000 4,061,788,000 4,200,792,000
INTEREST-BEARING DEPOSITS 7,238,970,000 6,943,719,000 6,941,326,000
Total deposits 10,716,523,000 11,005,507,000 11,142,118,000
DIVIDENDS PAYABLE 25,730,000 24,278,000 0
BORROWINGS 751,544,000 642,507,000 774,581,000
TRADE DATE PAYABLE 2,500,000 0 0
OTHER LIABILITIES 41,011,000 36,037,000 61,030,000
Total liabilities 11,537,308,000 11,708,329,000 11,977,729,000
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY:      
COMMON STOCK - ($0.01 par value, authorized 200,000,000 shares; 142,677,069, 142,628,163 and 142,657,871 shares issued at , September 30, 2023 and 2022, and December 31, 2022, respectiveley 1,427,000 1,427,000 1,426,000
CAPITAL SURPLUS 679,374,000 677,593,000 676,067,000
RETAINED EARNINGS 1,199,243,000 1,121,945,000 1,087,543,000
TREASURY STOCK (shares at cost: 926,723, 933,152 and 929,210 at September 30, 2023 and 2022, and December 31, 2022, respectively) (11,658,000) (11,035,000) (10,907,000)
DEFERRED COMPENSATION 11,658,000 11,035,000 10,907,000
ACCUMULATED OTHER COMPREHENSIVE EARNINGS (LOSS), net (639,934,000) (535,228,000) (632,421,000)
Total shareholders' equity 1,240,110,000 1,265,737,000 1,132,615,000
Total liabilities and shareholders' equity $ 12,777,418,000 $ 12,974,066,000 $ 13,110,344,000