v3.26.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 163,976 $ 146,320
Short-term investments and interest-bearing deposits 1,163,120 1,278,089
Securities available-for-sale at fair value (amortized cost of $1,737,212 at June 30, 2026, and $1,735,451 at December 31, 2025) 1,682,820 1,658,223
Loans held for investment 20,621,332 20,147,202
Less: Allowance for loan losses (218,896) (195,911)
Unamortized deferred loan fees, net (14,606) (14,903)
Loans held for investment, net 20,387,830 19,936,388
Equity securities (including $26,482 measured at fair value at June 30, 2026, and $32,754 at December 31, 2025) 80,854 51,886
Federal Home Loan Bank stock 17,250 17,250
Other real estate owned, net 33,659 30,336
Affordable housing investments and alternative energy partnerships, net 293,553 287,182
Premises and equipment, net 90,613 87,579
Customers’ liability on acceptances 11,214 4,385
Accrued interest receivable 94,676 96,993
Goodwill 375,696 375,696
Other intangible assets, net 2,341 2,683
Right-of-use assets - operating leases 33,269 34,187
Other assets 221,948 222,378
Total assets 24,652,819 24,229,575
Deposits:    
Non-interest-bearing 3,567,527 3,505,606
Interest-bearing:    
NOW deposits 2,612,011 2,370,047
Money market deposits 3,894,594 3,800,471
Savings deposits 1,421,969 1,500,890
Time deposits 9,565,547 9,717,153
Total deposits 21,061,648 20,894,167
Advances from the Federal Home Loan Bank 0 0
Long-term debt 119,136 119,136
Acceptances outstanding 11,214 4,385
Lease liabilities - operating leases 35,114 36,102
Other liabilities 379,093 250,397
Total liabilities 21,606,205 21,304,187
Commitments and contingencies
Stockholders’ Equity    
Common stock, $0.01 par value, 100,000,000 shares authorized; 91,914,036 issued and 66,825,367 outstanding at June 30, 2026, and 91,803,148 issued and 67,200,126 outstanding at December 31, 2025 919 918
Additional paid-in-capital 1,005,086 1,001,401
Accumulated other comprehensive loss, net (38,314) (54,400)
Retained earnings 3,037,887 2,909,677
Treasury stock, at cost (25,088,669 shares at June 30, 2026, and 24,603,022 shares at December 31, 2025) (958,964) (932,208)
Total stockholders' equity 3,046,614 2,925,388
Total liabilities and stockholders' equity $ 24,652,819 $ 24,229,575