v3.26.1
CONSOLIDATED BALANCE SHEET — UNAUDITED - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 85,546 $ 62,051
Interest earning deposits 4,093,306 4,349,412
Cash and cash equivalents 4,178,852 4,411,463
Investment securities, at fair value (includes allowance for credit losses of $29,910 and $28,805, respectively) 2,626,717 1,937,646
Investment securities held to maturity 631,594 729,134
Loans held for sale (includes $5,510 and $2,745, respectively, at fair value) 58,611 26,102
Loans and leases receivable 16,217,068 15,041,340
Loans receivable, mortgage finance, at fair value 1,654,795 1,612,997
Loans receivable, installment, at fair value 84,826 102,077
Allowance for credit losses on loans and leases (164,106) (155,656)
Total loans and leases receivable, net of allowance for credit losses on loans and leases 17,792,583 16,600,758
FHLB, Federal Reserve Bank, and other restricted stock 144,971 110,411
Accrued interest receivable 103,125 103,626
Bank premises and equipment, net 19,773 16,745
Bank-owned life insurance 310,312 305,503
Other real estate owned 12,568 12,432
Goodwill and other intangibles 3,629 3,629
Other assets 638,054 638,419
Total assets 26,520,789 24,895,868
Deposits:    
Demand, non-interest bearing 6,913,804 6,303,748
Interest bearing 14,819,093 14,474,956
Total deposits 21,732,897 20,778,704
FHLB advances 2,059,163 1,325,068
Other borrowings 99,278 99,208
Subordinated debt 171,741 281,147
Accrued interest payable and other liabilities 252,018 296,224
Total liabilities 24,315,097 22,780,351
Commitments and contingencies (NOTE 17)
Shareholders’ equity:    
Common stock, par value $1.00 per share; 200,000,000 shares authorized; 36,484,767 and 36,188,920 shares issued as of June 30, 2026 and December 31, 2025; 33,772,598 and 34,191,223 shares outstanding as of June 30, 2026 and December 31, 2025 36,485 36,189
Additional paid in capital 669,114 666,756
Retained earnings 1,676,407 1,535,194
Accumulated other comprehensive income (loss), net (58,346) (54,050)
Treasury stock, at cost (2,712,169 and 1,997,697 shares as of June 30, 2026 and December 31, 2025) (117,968) (68,572)
Total shareholders’ equity 2,205,692 2,115,517
Total liabilities and shareholders’ equity $ 26,520,789 $ 24,895,868