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Consolidated statement of financial position - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 2,047,452 $ 1,241,586
Securities, net 1,022,131 1,023,632
Loans, net 7,220,520 6,760,434
Customers' liabilities under acceptances 261,428 163,345
Derivative financial instruments - assets 157,267 68,159
Equipment and leasehold improvements, net 16,794 17,282
Intangibles, net 2,605 2,104
Other assets 15,595 7,368
Total assets 10,743,792 9,283,910
Liabilities:    
Demand deposits 510,195 233,757
Time deposits 3,897,954 2,956,959
Demand and time deposits excluding interest payable 4,408,149 3,190,716
Interest payable 42,876 14,670
Total deposits 4,451,025 3,205,386
Securities sold under repurchase agreements 310,197 300,498
Borrowings and debt, net 4,351,988 4,416,511
Interest payable 49,217 47,878
Lease liabilities 16,707 16,745
Acceptances outstanding 261,428 163,345
Derivative financial instruments - liabilities 40,613 33,761
Allowance for losses on loan commitments and financial guarantee contract 5,059 3,628
Other liabilities 53,734 26,811
Total liabilities 9,539,968 8,214,563
Equity:    
Common stock 279,980 279,980
Treasury stock (110,174) (114,097)
Additional paid-in capital in excess of value assigned to common stock 122,046 120,498
Capital reserves 95,210 95,210
Regulatory reserves 136,019 136,019
Retained earnings 673,281 543,612
Other comprehensive income (loss) 7,462 8,125
Total equity 1,203,824 1,069,347
Total liabilities and equity $ 10,743,792 $ 9,283,910