XML 9 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks $ 2,209,863 $ 458,153
Federal funds sold 208 260
Total cash and cash equivalents 2,210,071 458,413
Available for sale securities, at fair value 331,414 438,588
Held to maturity securities, at cost (fair value of $9,964,060 and $10,984,598, respectively) 10,969,342 12,365,308
Total securities 11,300,756 12,803,896
Loans held for sale 6,113 5,734
Loans held for investment 21,146,033 20,352,559
Loans held for investment - Warehouse Purchase Program 1,228,706 822,245
Total loans 22,380,852 21,180,538
Less: allowance for credit losses on loans (354,397) (332,362)
Loans, net 22,026,455 20,848,176
Accrued interest receivable 107,534 96,327
Goodwill 3,504,388 3,396,086
Core deposit intangibles, net 70,178 63,994
Bank premises and equipment, net 373,812 369,992
Other real estate owned 5,757 1,708
Bank owned life insurance (BOLI) 384,228 379,447
Federal Home Loan Bank of Dallas stock 10,184 8,750
Other assets 121,957 121,088
TOTAL ASSETS 40,115,320 38,547,877
Deposits:    
Noninterest-bearing 9,811,361 9,776,572
Interest-bearing 18,276,250 17,403,237
Total deposits 28,087,611 27,179,809
Other borrowings 3,900,000 3,725,000
Securities sold under repurchase agreements 228,896 309,277
Accrued interest payable 174,229 34,819
Allowance for credit losses on off-balance sheet credit exposures 37,646 36,503
Other liabilities 325,689 183,139
Total liabilities 32,754,071 31,468,547
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY:    
Preferred stock, $1 par value; 20,000,000 shares authorized; none issued or outstanding  
Common stock, $1 par value; 200,000,000 shares authorized; 95,260,666 issued and outstanding at September 30, 2024; 93,722,383 shares issued and outstanding at December 31, 2023 95,261 93,723
Capital surplus 3,793,435 3,703,795
Retained earnings 3,473,398 3,283,210
Accumulated other comprehensive loss - net unrealized loss on available for sale securities, net of tax benefit of $(225) and $(372), respectively (845) (1,398)
Total shareholders’ equity 7,361,249 7,079,330
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 40,115,320 $ 38,547,877