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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets    
Cash on hand and in banks $ 232,064 $ 246,525
Interest bearing cash deposits 556,596 1,107,817
Cash and cash equivalents 788,660 1,354,342
Debt securities, available-for-sale 4,629,073 4,785,719
Debt securities, held-to-maturity 3,451,583 3,502,411
Total debt securities 8,080,656 8,288,130
Loans held for sale, at fair value 27,035 15,691
Loans receivable 16,732,502 16,198,082
Allowance for credit losses (198,779) (192,757)
Loans receivable, net 16,533,723 16,005,325
Premises and equipment, net 443,273 421,791
Other real estate owned and foreclosed assets 891 1,503
Accrued interest receivable 106,063 94,526
Deferred tax asset 161,327 159,070
Core deposit intangible, net 46,046 31,870
Goodwill 1,023,762 985,393
Non-marketable equity securities 111,129 12,755
Bank-owned life insurance 186,625 171,101
Other assets 312,980 201,132
Total assets 27,822,170 27,742,629
Liabilities    
Non-interest bearing deposits 6,055,069 6,022,980
Interest bearing deposits 14,372,454 13,906,187
Securities sold under agreements to repurchase 1,540,008 1,486,850
Federal Home Loan Bank advances 2,140,157 0
FRB Bank Term Funding 0 2,740,000
Other borrowed funds 88,814 81,695
Subordinated debentures 132,984 132,943
Accrued interest payable 32,584 125,907
Other liabilities 349,393 225,786
Total liabilities 24,711,463 24,722,348
Commitments and Contingent Liabilities 0 0
Stockholders’ Equity    
Preferred shares, $0.01 par value per share, 1,000,000 shares authorized, none issued or outstanding 0 0
Common stock, $0.01 par value per share, 234,000,000 shares authorized at March 31, 2024 and December 31, 2023, respectively 1,134 1,109
Paid-in capital 2,443,584 2,350,104
Retained earnings - substantially restricted 1,038,294 1,043,181
Accumulated other comprehensive loss (372,305) (374,113)
Total stockholders’ equity 3,110,707 3,020,281
Total liabilities and stockholders’ equity $ 27,822,170 $ 27,742,629
Number of common stock shares issued (in shares) 113,388,590 110,888,942
Number of common stock shares outstanding (in shares) 113,388,590 110,888,942