v3.26.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 1,683,062 $ 1,747,511
Federal funds sold 194 217
Total cash and cash equivalents 1,683,256 1,747,728
Available for sale securities, at fair value 346,023 338,197
Held to maturity securities, at cost (fair value of $11,101,302 and $9,433,365, respectively) 11,993,057 10,275,228
Total securities 12,339,080 10,613,425
Loans held for sale 18,656 14,155
Loans held for investment 23,719,186 20,486,415
Loans held for investment - Warehouse Purchase Program 1,290,156 1,304,798
Total loans 25,027,998 21,805,368
Less: allowance for credit losses on loans (382,841) (333,742)
Loans, net 24,645,157 21,471,626
Accrued interest receivable 119,753 99,297
Goodwill 3,823,920 3,503,127
Core deposit intangibles, net 105,582 51,605
Bank premises and equipment, net 428,478 383,449
Other real estate owned 11,296 13,296
Bank owned life insurance (BOLI) 448,853 392,756
Federal Home Loan Bank of Dallas stock 111,430 86,950
Other assets 155,706 100,166
TOTAL ASSETS 43,872,511 38,463,425
Deposits:    
Noninterest-bearing 10,739,937 9,467,911
Interest-bearing 21,859,750 19,014,573
Total deposits 32,599,687 28,482,484
Other borrowings 2,400,000 1,950,000
Securities sold under repurchase agreements 199,576 201,216
Subordinated notes 70,000  
Accrued interest payable 27,365 30,913
Allowance for credit losses on off-balance sheet credit exposures 37,646 37,646
Other liabilities 232,978 145,026
Total liabilities 35,567,252 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; 100,645,772 issued and outstanding at June 30, 2026; 93,058,171 shares issued and outstanding at December 31, 2025 100,646 93,058
Capital surplus 4,171,398 3,653,751
Retained earnings 4,033,466 3,869,627
Accumulated other comprehensive loss - net unrealized loss on available for sale securities, net of tax expense of $(69) and $(79), respectively (251) (296)
Total shareholders’ equity 8,305,259 7,616,140
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 43,872,511 $ 38,463,425