v3.26.1
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 549,199 $ 657,149
Money market investments:    
Time deposit with another financial institution 1,000 750
Other short-term investments 700 700
Total money market investments 1,700 1,450
Available-for-sale debt securities, at fair value (amortized cost of $5,022,891 as of March 31, 2026 and $4,901,982 as of December 31, 2025; ACL of $839 as of March 31, 2026 and $763 as of December 31, 2025) 4,668,697 4,554,032
Held-to-maturity debt securities, at amortized cost, net of ACL of $641 as of March 31, 2026 and $733 as of December 31, 2025 (fair value of $253,485 as of March 31, 2026 and $262,055 as of December 31, 2025) 256,881 264,563
Equity securities 46,432 44,753
Total investment securities 4,972,010 4,863,348
Loans held for investment, net of ACL of $245,060 as of March 31, 2026 and $249,037 as of December 31, 2025 12,846,017 12,876,319
Mortgage loans held for sale, at lower of cost or market 12,805 16,697
Total loans, net 12,858,822 12,893,016
Accrued interest receivable on loans and investments 67,722 71,351
Premises and equipment, net 127,865 126,920
Other real estate owned (OREO) 6,344 7,522
Deferred tax asset, net 143,565 149,012
Goodwill 38,611 38,611
Other intangible assets 3,240 3,458
Other assets 317,027 321,055
Total assets 19,086,105 19,132,892
LIABILITIES    
Non-interest-bearing deposits 5,554,751 5,549,416
Interest-bearing deposits 11,041,070 11,120,727
Total deposits 16,595,821 16,670,143
Short-term borrowings 90,000 0
Long-term borrowings 200,000 290,000
Accounts payable and other liabilities 233,045 205,884
Total liabilities 17,118,866 17,166,027
Commitments and contingencies (See Note 18)
STOCKHOLDERS' EQUITY    
Common stock, $0.10 par value, 2,000,000,000 shares authorized; 223,663,116 shares issued; 154,693,926 shares outstanding as of March 31, 2026 and 156,618,996 shares outstanding as of December 31, 2025 22,366 22,366
Additional paid-in capital 952,773 963,543
Retained earnings, includes legal surplus reserve of $262,534 as of each of March 31, 2026 and December 31, 2025 2,325,256 2,268,011
Treasury stock (at cost), 68,969,190 shares as of March 31, 2026 and 67,044,120 shares as of December 31, 2025 (972,438) (932,505)
Accumulated other comprehensive loss, net of tax of $7,986 as of each of March 31, 2026 and December 31, 2025 (360,718) (354,550)
Total stockholders' equity 1,967,239 1,966,865
Total liabilities and stockholders' equity $ 19,086,105 $ 19,132,892