v3.24.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 221,727 $ 200,493
Interest bearing cash and cash equivalents 2,691,352 3,042,357
Available-for-sale debt securities 3,483,231 3,225,892
Held-to-maturity debt securities 831,513 865,477
Equity securities 74,232 51,825
Investment securities 4,388,976 4,143,194
Loans held for sale 36,785 44,105
Loans held for investment, mortgage finance 5,078,161 3,978,328
Loans held for investment 16,700,569 16,362,230
Less: Allowance for credit losses on loans 267,297 249,973
Loans held for investment, net 21,511,433 20,090,585
Premises and equipment, net 69,464 32,366
Accrued interest receivable and other assets 933,761 801,670
Goodwill and intangibles, net 1,496 1,496
Total assets 29,854,994 28,356,266
Deposits [Abstract]    
Non-interest bearing deposits 7,987,715 7,328,276
Interest bearing deposits 15,830,612 15,043,563
Total deposits 23,818,327 22,371,839
Accrued interest payable 23,841 33,234
Other liabilities 502,228 392,904
Short-term borrowings 1,675,000 1,500,000
Long-term debt 659,997 859,147
Total liabilities 26,679,393 25,157,124
Stockholders’ equity:    
Preferred stock 300,000 300,000
Common stock 515 511
Additional paid-in capital 1,050,114 1,045,576
Retained earnings 2,494,572 2,435,393
Treasury stock - 5,286,503 and 3,905,067 shares at cost at June 30, 2024 and December 31, 2023, respectively (301,868) (220,334)
Accumulated other comprehensive loss, net of taxes (367,732) (362,004)
Total stockholders’ equity 3,175,601 3,199,142
Total liabilities and stockholders’ equity $ 29,854,994 $ 28,356,266