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Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Mar. 31, 2024
ASSETS      
CASH AND DUE FROM BANKS $ 232,943,000 $ 259,996,000 $ 222,464,000
Federal funds sold 11,750,000 0 12,300,000
Interest-bearing demand deposits in banks 682,362,000 503,417,000 365,397,000
Total cash and cash equivalents 927,055,000 763,413,000 600,161,000
SECURITIES AVAILABLE-FOR-SALE, at fair value (amortized cost of these securities was $5,253,099, $5,217,517, and $5,155,305 as of March 31, 2025 and 2024, and December 31, 2024, respectively) 4,760,431,000 4,617,759,000 4,658,526,000
LOANS:      
Held-for-investment 7,945,611,000 7,913,098,000 7,229,410,000
Less-Allowance for credit losses (101,080,000) (98,325,000) (89,562,000)
Net loans held-for-investment 7,844,531,000 7,814,773,000 7,139,848,000
Held-for-sale ($13,997, $15,080, and $7,793, at fair value at March 31, 2025 and 2024, and December 31, 2024, respectively) 14,348,000 8,235,000 16,109,000
BANK PREMISES AND EQUIPMENT, net 150,589,000 151,904,000 151,953,000
INTANGIBLE ASSETS, net 313,909,000 314,004,000 314,465,000
OTHER ASSETS 301,251,000 309,330,000 310,096,000
Total assets 14,312,114,000 13,979,418,000 13,191,158,000
LIABILITIES AND SHAREHOLDERS' EQUITY      
NONINTEREST-BEARING DEPOSITS 3,356,553,000 3,348,041,000 3,348,147,000
INTEREST-BEARING DEPOSITS 9,110,218,000 8,751,133,000 7,941,661,000
Total deposits 12,466,771,000 12,099,174,000 11,289,808,000
DIVIDENDS PAYABLE 25,775,000 25,753,000 25,754,000
REPURCHASE AGREEMENTS 56,606,000 61,416,000 307,297,000
BORROWINGS 26,978,000 135,603,000 26,803,000
OTHER LIABILITIES 55,723,000 50,912,000 50,129,000
Total liabilities 12,631,853,000 12,372,858,000 11,699,791,000
SHAREHOLDERS' EQUITY:      
COMMON STOCK - $0.01 par value, authorized 200,000,000 shares; 143,019,433,142,817,159, and 142,944,704 shares issued at March 31, 2025 and 2024, and December 31, 2024, respectively 1,430,000 1,429,000 1,428,000
CAPITAL SURPLUS 692,068,000 689,338,000 683,997,000
RETAINED EARNINGS 1,375,652,000 1,340,082,000 1,247,169,000
TREASURY STOCK (shares at cost: 928,353, 931,427, and 929,735 at March 31, 2025 and 2024, and December 31, 2024, respectively) (13,263,000) (12,905,000) (12,120,000)
DEFERRED COMPENSATION 13,263,000 12,905,000 12,120,000
ACCUMULATED OTHER COMPREHENSIVE EARNINGS (LOSS), net (388,889,000) (424,289,000) (441,227,000)
Total shareholders' equity 1,680,261,000 1,606,560,000 1,491,367,000
Total liabilities and shareholders' equity $ 14,312,114,000 $ 13,979,418,000 $ 13,191,158,000