v3.25.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and due from banks $ 81,088 $ 52,486
Interest bearing deposits in other banks 768,702 802,714
Total cash and cash equivalents 849,790 855,200
Debt securities AFS, at fair value 1,284,360 1,294,512
Debt securities HTM (fair value of $154,864 and $160,560, at March 31, 2025 and December 31, 2024, respectively) 178,797 184,026
Equity securities 20,461 22,053
Investment in unconsolidated subsidiaries 1,018 1,018
FHLB Stock and FRB Stock 47,973 46,567
Total investments 1,532,609 1,548,176
LHFS 69,236 89,309
LHI, MW 571,775 605,411
LHI, excluding MW 8,828,672 8,899,133
Less: ACL (111,773) (111,745)
Total LHI, net 9,288,674 9,392,799
BOLI 85,424 85,324
Premises and equipment, net 112,801 113,480
OREO 24,268 24,737
Intangible assets, net of accumulated amortization 27,974 28,664
Goodwill 404,452 404,452
Other assets 210,863 226,200
Total assets 12,606,091 12,768,341
Deposits:    
Noninterest-bearing deposits 2,318,645 2,191,457
Interest-bearing transaction and savings deposits 5,180,495 5,061,157
Certificates and other time deposits 2,679,221 2,958,861
Correspondent money market deposits 486,762 541,117
Total deposits 10,665,123 10,752,592
Accounts payable and other liabilities 151,579 183,944
Subordinated debentures and subordinated notes 155,909 230,736
Total liabilities 10,972,611 11,167,272
Stockholders’ equity:    
Common stock, $0.01 par value: Authorized shares - 75,000,000 Issued shares - 61,490,069 and 61,332,445 at March 31, 2025 and December 31, 2024, respectively 615 613
APIC 1,329,626 1,328,748
Retained earnings 526,044 507,903
AOCI (42,170) (65,076)
Treasury stock, 7,193,110 and 6,815,764 shares, at cost, at March 31, 2025 and December 31, 2024, respectively (180,635) (171,119)
Total stockholders’ equity 1,633,480 1,601,069
Total liabilities and stockholders’ equity $ 12,606,091 $ 12,768,341