v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 194,590 $ 107,511
Interest-earning balances due from Federal Reserve 909,769 268,878
Total cash and cash equivalents 1,104,359 376,389
Interest-earning balances due from depository institutions 749 13,064
Investment securities available-for-sale, at fair value (with amortized cost of $3,777,744 at June 30, 2026, and $2,982,228 at December 31, 2025) 3,457,764 2,683,070
Investment securities held-to-maturity (with fair value of $1,867,394 at June 30, 2026, and $1,925,492 at December 31, 2025) 2,218,529 2,270,391
Total investment securities 5,676,293 4,953,461
Investment in FHLB, FRB, and other stock 81,275 55,948
Loans and lease finance receivables 12,017,055 8,699,193
Allowance for credit losses (126,661) (77,161)
Net loans and lease finance receivables 11,890,394 8,622,032
Premises and equipment, net 33,114 26,505
Bank owned life insurance ("BOLI") 415,118 325,299
Accrued interest receivable 60,747 46,723
Intangibles 117,927 5,774
Goodwill 1,099,936 765,822
Income tax asset 307,883 174,169
Other assets 394,986 265,868
Total assets 21,182,781 15,631,054
Deposits:    
Noninterest-bearing 8,606,924 6,800,691
Interest-bearing 7,681,777 5,271,291
Total deposits 16,288,701 12,071,982
Customer repurchase agreements 563,405 490,601
Federal Home Loan Bank advances and other borrowings 500,000 500,000
Subordinated debt, net 38,973 0
Deferred compensation 54,395 22,318
Accrued interest payable 6,532 4,770
Other liabilities 561,086 246,159
Total liabilities 18,013,092 13,335,830
Stockholders' Equity    
Common stock, authorized, 225,000,000 shares without par; issued and outstanding 176,247,135 at June 30, 2026, and 135,551,799 at December 31, 2025 2,060,555 1,222,365
Retained earnings 1,337,229 1,300,513
Accumulated other comprehensive loss, net (228,095) (227,654)
Total stockholders' equity 3,169,689 2,295,224
Total liabilities and stockholders' equity $ 21,182,781 $ 15,631,054