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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Mar. 31, 2020
ASSETS      
CASH AND DUE FROM BANKS $ 190,350 $ 211,113 $ 191,486
INTEREST-BEARING DEMAND DEPOSITS IN BANKS 893,221 517,971 76,378
Total cash and cash equivalents 1,083,571 729,084 267,864
SECURITIES AVAILABLE-FOR-SALE, at fair value (amortized cost of these securities was $4,961,438, $3,950,510 and $4,177,179 as of March 31, 2021 and 2020 and December 31, 2020, respectively) 5,109,631 4,393,029 4,107,069
LOANS:      
Held-for-investment 5,322,562 5,171,033 4,639,389
Less - allowance for credit losses (62,974) (66,534) (60,440)
Net loans held for investment 5,259,588 5,104,499 4,578,949
Held-for-sale ($61,511, $39,659 and $79,585 at fair value at March 31, 2021 and 2020 and December 31, 2020, respectively) 65,405 83,969 42,034
BANK PREMISES AND EQUIPMENT, net 142,415 142,269 139,554
INTANGIBLE ASSETS, net 317,980 318,392 319,234
OTHER ASSETS 124,297 133,258 246,387
Total assets 12,102,887 10,904,500 9,701,091
LIABILITIES AND SHAREHOLDERS' EQUITY      
NONINTEREST-BEARING DEPOSITS 3,350,145 2,982,697 2,288,597
INTEREST-BEARING DEPOSITS 6,063,302 5,693,120 4,921,869
Total deposits 9,413,447 8,675,817 7,210,466
DIVIDENDS PAYABLE 18,500 18,484 17,060
BORROWINGS 548,604 430,093 857,871
OTHER LIABILITIES 456,908 101,916 89,332
Total liabilities 10,437,459 9,226,310 8,174,729
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY:      
Common stock - ($0.01 par value, authorized 200,000,000 shares; 142,285,611, 142,314,930 and 142,161,834 shares issued at March 31, 2021 and 2020 and December 31, 2020, respectively) 1,423 1,422 1,423
Capital surplus 671,849 669,644 673,535
Retained earnings 875,147 836,729 727,828
Treasury stock (shares at cost: 938,004, 928,417 and 938,591 at March 31, 2021 and 2020 and December 31, 2020, respectively) (9,385) (9,126) (8,437)
Deferred Compensation 9,385 9,126 8,437
Accumulated other comprehensive earnings, net 117,009 170,395 123,576
Total shareholders' equity 1,665,428 1,678,190 1,526,362
Total liabilities and shareholders' equity $ 12,102,887 $ 10,904,500 $ 9,701,091