v3.26.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 1,547,967 $ 1,747,511
Federal funds sold 209 217
Total cash and cash equivalents 1,548,176 1,747,728
Available for sale securities, at fair value 356,134 338,197
Held to maturity securities, at cost (fair value of $10,687,015 and $9,433,365, respectively) 11,595,457 10,275,228
Total securities 11,951,591 10,613,425
Loans held for sale 21,925 14,155
Loans held for investment 23,832,909 20,486,415
Loans held for investment - Warehouse Purchase Program 1,433,152 1,304,798
Total loans 25,287,986 21,805,368
Less: allowance for credit losses on loans (383,840) (333,742)
Loans, net 24,904,146 21,471,626
Accrued interest receivable 120,565 99,297
Goodwill 3,822,283 3,503,127
Core deposit intangibles, net 111,243 51,605
Bank premises and equipment, net 429,775 383,449
Other real estate owned 13,257 13,296
Bank owned life insurance (BOLI) 446,662 392,756
Federal Home Loan Bank of Dallas stock 107,477 86,950
Other assets 164,008 100,166
TOTAL ASSETS 43,619,183 38,463,425
Deposits:    
Noninterest-bearing 10,580,920 9,467,911
Interest-bearing 22,051,836 19,014,573
Total deposits 32,632,756 28,482,484
Other borrowings 2,200,000 1,950,000
Securities sold under repurchase agreements 176,099 201,216
Subordinated notes and junior subordinated debentures 76,186  
Accrued interest payable 30,165 30,913
Allowance for credit losses on off-balance sheet credit exposures 37,646 37,646
Other liabilities 258,480 145,026
Total liabilities 35,411,332 30,847,285
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY:    
Preferred stock, $1 par value; 20,000,000 shares authorized; none issued or outstanding
Common stock, $1 par value; 200,000,000 shares authorized; 100,835,022 issued and outstanding at March 31, 2026; 93,058,171 shares issued and outstanding at December 31, 2025 100,835 93,058
Capital surplus 4,181,710 3,653,751
Retained earnings 3,925,271 3,869,627
Accumulated other comprehensive income (loss) - net unrealized loss on available for sale securities, net of tax (expense) benefit of $9 and $(79), respectively 35 (296)
Total shareholders’ equity 8,207,851 7,616,140
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 43,619,183 $ 38,463,425