v3.25.2
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets    
Cash on hand and in banks $ 375,398 $ 268,746
Interest bearing cash deposits 540,109 579,662
Cash and cash equivalents 915,507 848,408
Debt securities, available for sale 4,024,980 4,245,205
Debt securities, held to maturity 3,206,133 3,294,847
Total debt securities 7,231,113 7,540,052
Loans held for sale, at fair value 47,738 33,060
Loans receivable 18,532,740 17,261,849
Allowance for credit losses (226,799) (206,041)
Loans receivable, net 18,305,941 17,055,808
Premises and equipment, net 426,801 411,968
Right of use assets, net 56,525 56,252
Other real estate owned and foreclosed assets 1,879 1,164
Accrued interest receivable 108,286 99,262
Deferred tax asset, net 114,528 138,955
Intangibles, net 64,949 51,182
Goodwill 1,121,401 1,051,318
Non-marketable equity securities 76,990 99,669
Bank-owned life insurance 191,623 189,849
Other assets 341,702 326,040
Total assets 29,004,983 27,902,987
Liabilities    
Non-interest bearing deposits 6,593,728 6,136,709
Interest bearing deposits 15,034,774 14,410,285
Securities sold under agreements to repurchase 1,976,228 1,777,475
Federal Home Loan Bank advances 1,255,088 1,800,000
Other borrowed funds 62,366 62,062
Finance lease liabilities 19,405 21,279
Subordinated debentures 157,127 133,105
Accrued interest payable 27,973 33,626
Operating lease liabilities 42,274 39,902
Other liabilities 303,756 264,690
Total liabilities 25,472,719 24,679,133
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 June 30, 2025 and December 31, 2024, respectively 1,186 1,134
Paid-in capital 2,655,894 2,448,758
Retained earnings 1,113,839 1,083,258
Accumulated other comprehensive loss (238,655) (309,296)
Total stockholders’ equity 3,532,264 3,223,854
Total liabilities and stockholders’ equity $ 29,004,983 $ 27,902,987
Number of common stock shares issued (in shares) 118,550,475 113,401,955
Number of common stock shares outstanding (in shares) 118,550,475 113,401,955