v3.25.2
Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Cash and cash equivalents:    
Cash and due from banks $ 755,798 $ 525,506
Federal funds sold and interest-earning deposits with banks 2,465,004 593,777
Deposits in other financial institutions (restricted cash) 243,304 272,784
Total cash and cash equivalents 3,464,106 1,392,067
Trading securities, at fair value 95,306 102,932
Investment securities:    
Securities held to maturity (fair value of $1,781,748 and $1,834,527) 2,145,991 2,254,670
Securities available for sale, at fair value 5,927,867 4,320,593
Other investments 357,487 223,613
Total investment securities 8,431,345 6,798,876
Loans held for sale 318,985 279,426
Loans:    
Total loans 47,267,247 33,902,927
Less allowance for credit losses (621,046) (465,280)
Loans, net 46,646,201 33,437,647
Premises and equipment, net 964,878 502,559
Bank owned life insurance ("BOLI") 1,280,632 1,013,209
Deferred tax assets 166,361 179,884
Derivatives assets 214,898 161,490
Mortgage servicing rights 85,836 89,795
Core deposit and other intangibles 433,458 66,458
Goodwill 3,094,059 1,923,106
Other assets 697,257 433,755
Total assets 65,893,322 46,381,204
Deposits:    
Noninterest-bearing 13,719,030 10,192,117
Interest-bearing 39,977,931 27,868,749
Total deposits 53,696,961 38,060,866
Federal funds purchased 364,032 260,191
Securities sold under agreements to repurchase 266,526 254,721
Corporate and subordinated debentures 1,099,705 391,534
Reserve for unfunded commitments 64,693 45,327
Derivative liabilities 612,284 879,855
Other liabilities 987,987 598,295
Total liabilities 57,092,188 40,490,789
Shareholders' equity:    
Common stock - $2.50 par value; authorized 160,000,000 shares; 101,498,000 and 76,322,206 shares issued and outstanding, respectively 253,745 190,805
Surplus 6,679,028 4,259,722
Retained earnings 2,240,470 2,046,809
Accumulated other comprehensive loss (372,109) (606,921)
Total shareholders' equity 8,801,134 5,890,415
Total liabilities and shareholders' equity 65,893,322 46,381,204
Acquired - non-purchased credit deteriorated loans    
Loans:    
Total loans 12,492,553 3,635,782
Acquired - purchased credit deteriorated loans    
Loans:    
Total loans 3,409,186 862,155
Non-acquired loans    
Loans:    
Total loans $ 31,365,508 $ 29,404,990