v3.24.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 297,048 $ 200,493
Interest bearing cash and cash equivalents 3,894,537 3,042,357
Available-for-sale debt securities 3,518,662 3,225,892
Held-to-maturity debt securities 812,432 865,477
Equity securities 74,426 51,825
Investment securities 4,405,520 4,143,194
Loans held for sale 9,022 44,105
Loans held for investment, mortgage finance 5,529,659 3,978,328
Loans held for investment 16,764,512 16,362,230
Less: Allowance for credit losses on loans 273,143 249,973
Loans held for investment, net 22,021,028 20,090,585
Premises and equipment, net 81,577 32,366
Accrued interest receivable and other assets 919,071 801,670
Goodwill and intangibles, net 1,496 1,496
Total assets 31,629,299 28,356,266
Deposits [Abstract]    
Non-interest bearing deposits 9,070,804 7,328,276
Interest bearing deposits 16,794,451 15,043,563
Total deposits 25,865,255 22,371,839
Accrued interest payable 18,679 33,234
Other liabilities 696,149 392,904
Short-term borrowings 1,035,000 1,500,000
Long-term debt 660,172 859,147
Total liabilities 28,275,255 25,157,124
Stockholders’ equity:    
Preferred stock 300,000 300,000
Common stock 515 511
Additional paid-in capital 1,054,614 1,045,576
Retained earnings 2,428,940 2,435,393
Treasury stock - 5,286,503 and 3,905,067 shares at cost at September 30, 2024 and December 31, 2023, respectively (301,868) (220,334)
Accumulated other comprehensive loss, net of taxes (128,157) (362,004)
Total stockholders’ equity 3,354,044 3,199,142
Total liabilities and stockholders’ equity $ 31,629,299 $ 28,356,266