v3.26.1
CONSOLIDATED BALANCE SHEET — UNAUDITED - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 89,153 $ 62,051
Interest earning deposits 4,709,051 4,349,412
Cash and cash equivalents 4,798,204 4,411,463
Investment securities, at fair value (includes allowance for credit losses of $24,566 and $28,805, respectively) 1,993,152 1,937,646
Investment securities held to maturity 663,545 729,134
Loans held for sale (includes $3,226 and $2,745, respectively, at fair value) 20,282 26,102
Loans and leases receivable 15,519,493 15,041,340
Loans receivable, mortgage finance, at fair value 1,758,685 1,612,997
Loans receivable, installment, at fair value 93,086 102,077
Allowance for credit losses on loans and leases (160,962) (155,656)
Total loans and leases receivable, net of allowance for credit losses on loans and leases 17,210,302 16,600,758
FHLB, Federal Reserve Bank, and other restricted stock 117,880 110,411
Accrued interest receivable 105,002 103,626
Bank premises and equipment, net 15,749 16,745
Bank-owned life insurance 306,927 305,503
Other real estate owned 12,506 12,432
Goodwill and other intangibles 3,629 3,629
Other assets 633,589 638,419
Total assets 25,880,767 24,895,868
Deposits:    
Demand, non-interest bearing 6,739,713 6,303,748
Interest bearing 14,852,932 14,474,956
Total deposits 21,592,645 20,778,704
Federal funds purchased 70,000 0
FHLB advances 1,561,655 1,325,068
Other borrowings 99,243 99,208
Subordinated debt 171,614 281,147
Accrued interest payable and other liabilities 241,310 296,224
Total liabilities 23,736,467 22,780,351
Commitments and contingencies (NOTE 17)
Shareholders’ equity:    
Common stock, par value $1.00 per share; 200,000,000 shares authorized; 36,311,997 and 36,188,920 shares issued as of March 31, 2026 and December 31, 2025; 33,692,632 and 34,191,223 shares outstanding as of March 31, 2026 and December 31, 2025 36,312 36,189
Additional paid in capital 669,112 666,756
Retained earnings 1,604,847 1,535,194
Accumulated other comprehensive income (loss), net (54,657) (54,050)
Treasury stock, at cost (2,619,365 and 1,997,697 shares as of March 31, 2026 and December 31, 2025) (111,314) (68,572)
Total shareholders’ equity 2,144,300 2,115,517
Total liabilities and shareholders’ equity $ 25,880,767 $ 24,895,868