v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 195,063 $ 153,875
Interest-earning balances due from Federal Reserve 543,573 50,823
Total cash and cash equivalents 738,636 204,698
Interest-earning balances due from depository institutions 11,004 480
Investment securities available-for-sale, at fair value (with amortized cost of $2,840,450 at June 30, 2025, and $2,997,047 at December 31, 2024) 2,486,306 2,542,115
Investment securities held-to-maturity (with fair value of $1,934,756 at June 30, 2025, and $1,954,345 at December 31, 2024) 2,327,230 2,379,668
Total investment securities 4,813,536 4,921,783
Investment in stock of Federal Home Loan Bank (FHLB) 18,012 18,012
Loans and lease finance receivables 8,358,501 8,536,432
Allowance for credit losses (78,003) (80,122)
Net loans and lease finance receivables 8,280,498 8,456,310
Premises and equipment, net 26,606 27,543
Bank owned life insurance (BOLI) 320,596 316,248
Accrued interest receivable 45,247 45,716
Intangibles 7,657 9,967
Goodwill 765,822 765,822
Income taxes 152,798 171,178
Other assets 233,718 215,898
Total assets 15,414,130 15,153,655
Deposits:    
Noninterest-bearing 7,247,128 7,037,096
Interest-bearing 4,737,695 4,911,285
Total deposits 11,984,823 11,948,381
Customer repurchase agreements 404,154 261,887
Other borrowings 500,000 500,000
Deferred compensation 22,873 22,909
Accrued interest payable 4,580 5,047
Other liabilities 257,378 229,115
Total liabilities 13,173,808 12,967,339
Commitments and Contingencies
Stockholders' Equity    
Common stock, authorized, 225,000,000 shares without par; issued and outstanding 139,677,162 at June 30, 2024, and 139,344,981 at December 31, 2023 1,260,843 1,296,881
Retained earnings 1,247,611 1,201,499
Accumulated other comprehensive loss, net of tax (268,132) (312,064)
Total stockholders' equity 2,240,322 2,186,316
Total liabilities and stockholders' equity $ 15,414,130 $ 15,153,655