v3.25.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 182,451 $ 176,501
Interest bearing cash and cash equivalents 2,507,691 3,012,307
Available-for-sale debt securities 3,774,141 3,524,686
Held-to-maturity debt securities 761,907 796,168
Equity securities 68,692 75,261
Trading securities 3,888 0
Investment securities 4,608,628 4,396,115
Loans held for investment, mortgage finance 5,889,589 5,215,574
Loans held for investment 18,035,945 17,234,492
Less: Allowance for credit losses on loans 277,648 271,709
Loans held for investment, net 23,647,886 22,178,357
Premises and equipment, net 86,831 85,443
Accrued interest receivable and other assets 908,552 881,664
Goodwill and intangibles, net 1,496 1,496
Total assets 31,943,535 30,731,883
Deposits [Abstract]    
Non-interest bearing deposits 7,718,006 7,485,428
Interest bearing deposits 18,346,303 17,753,171
Total deposits 26,064,309 25,238,599
Accrued interest payable 14,120 23,680
Other liabilities 484,780 556,322
Short-term borrowings 1,250,000 885,000
Long-term debt 620,256 660,346
Total liabilities 28,433,465 27,363,947
Stockholders’ equity:    
Preferred stock 300,000 300,000
Common stock 517 515
Additional paid-in capital 1,065,083 1,056,719
Retained earnings 2,611,401 2,495,651
Treasury stock - 6,000,469 and 5,286,503 shares at cost at June 30, 2025 and December 31, 2024, respectively (354,000) (301,842)
Accumulated other comprehensive loss, net of taxes (112,931) (183,107)
Total stockholders’ equity 3,510,070 3,367,936
Total liabilities and stockholders’ equity $ 31,943,535 $ 30,731,883