v3.26.1
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Cash and cash equivalents:    
Cash and due from banks $ 182,537 $ 181,041
Interest-bearing deposits 482,836 99,186
Total cash and cash equivalents 665,373 280,227
Interest-bearing time deposits in other banks 14,450 13,825
Debt securities available for sale 2,265,167 2,162,548
Debt securities held to maturity 703,988 746,385
Equity securities 16,397 14,916
Loans held for sale 8,660 5,752
Portfolio loans (net of ACL of $164,204 at June 30, 2026, and $174,023 at December 31, 2025) 13,030,950 13,393,776
Restricted bank stock 83,171 77,006
Premises and equipment, net 191,953 193,444
Goodwill 382,363 383,280
Other intangible assets, net 88,925 97,449
Cash surrender value of bank owned life insurance 263,698 260,402
Other assets 476,772 475,726
Total assets 18,191,867 18,104,736
Deposits:    
Noninterest-bearing 3,496,319 3,659,421
Interest-bearing 11,632,426 11,246,537
Total deposits 15,128,745 14,905,958
Securities sold under agreements to repurchase 144,061 166,929
Short-term borrowings 28,333 0
Long-term borrowings 95,325 113,806
Subordinated notes, net of unamortized issuance costs 99,603 99,395
Junior subordinated debt owed to unconsolidated trusts 62,473 77,328
Other liabilities 250,157 272,338
Total liabilities 15,808,697 15,635,754
Outstanding commitments and contingent liabilities (see Notes 5 and 11)
Stockholders’ equity    
Preferred stock, $0.001 par value, liquidation preference $222,750 at June 30, 2026, and December 31, 2025 0 0
Common stock, $0.001 par value 93 93
Additional paid-in capital 2,364,585 2,375,511
Retained earnings 395,409 336,707
AOCI (141,080) (124,473)
Total stockholders’ equity before treasury stock 2,619,007 2,587,838
Treasury stock at cost (235,837) (118,856)
Total stockholders’ equity 2,383,170 2,468,982
Total liabilities and stockholders’ equity $ 18,191,867 $ 18,104,736
Preferred shares issued (in shares) 222,750 222,750
Preferred shares outstanding (in shares) 222,750 222,750
Common shares issued (in shares) 92,694,541 92,694,541
Less: Treasury (in shares) 9,505,040 5,070,111
Common stock outstanding (in shares) 83,189,501 87,624,430