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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 229,209 $ 226,363
Interest-bearing deposits with other banks 829,507 773,850
Cash and cash equivalents 1,058,716 1,000,213
Fed funds sold 0 5,100
Investment securities — available-for-sale, net of allowance for credit losses of $2,525 at both June 30, 2024 and December 31, 2023 (amortized cost of $3,691,868 and $3,840,927 at June 30, 2024 and December 31, 2023, respectively) 3,344,539 3,507,841
Investment securities — held-to-maturity, net of allowance for credit losses of $2,005 at both June 30, 2024 and December 31, 2023 1,278,853 1,281,982
Total investment securities 4,623,392 4,789,823
Loans receivable 14,781,457 14,424,728
Allowance for credit losses (295,856) (288,234)
Loans receivable, net 14,485,601 14,136,494
Bank premises and equipment, net 383,691 393,300
Foreclosed assets held for sale 41,347 30,486
Cash value of life insurance 218,198 214,516
Accrued interest receivable 120,984 118,966
Deferred tax asset, net 195,041 197,164
Goodwill 1,398,253 1,398,253
Core deposit intangibles 44,490 48,770
Other assets 350,192 323,573
Total assets 22,919,905 22,656,658
Deposits:    
Demand and non-interest-bearing 4,068,302 4,085,501
Savings and interest-bearing transaction accounts 11,150,516 11,050,347
Time deposits 1,736,985 1,651,863
Total deposits 16,955,803 16,787,711
Securities sold under agreements to repurchase 137,996 142,085
FHLB and other borrowed funds 1,301,050 1,301,300
Accrued interest payable and other liabilities 230,011 194,653
Subordinated debentures 439,542 439,834
Total liabilities 19,064,402 18,865,583
Stockholders’ equity:    
Common stock, par value $0.01; shares authorized 300,000,000 in 2024 and 2023; shares issued and outstanding 199,746,265 in 2024 and 201,526,494 in 2023 1,997 2,015
Capital surplus 2,295,893 2,348,023
Retained earnings 1,819,412 1,690,112
Accumulated other comprehensive loss (261,799) (249,075)
Total stockholders’ equity 3,855,503 3,791,075
Total liabilities and stockholders’ equity $ 22,919,905 $ 22,656,658