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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 281,063 $ 226,363
Interest-bearing deposits with other banks 629,284 773,850
Cash and cash equivalents 910,347 1,000,213
Federal funds sold 3,725 5,100
Investment securities — available-for-sale, net of allowance for credit losses of $2,195 and $2,525 at December 31, 2024 and December 31, 2023, respectively (amortized cost of $3,410,272 and $3,840,927 at December 31, 2024 and December 31, 2023, respectively) 3,072,639 3,507,841
Investment securities — held-to-maturity, net of allowance for credit losses of $2,005 at both December 31, 2024 and 2023 1,275,204 1,281,982
Total investment securities 4,347,843 4,789,823
Loans receivable 14,764,500 14,424,728
Allowance for credit losses (275,880) (288,234)
Loans receivable, net 14,488,620 14,136,494
Bank premises and equipment, net 386,322 393,300
Foreclosed assets held for sale 43,407 30,486
Cash value of life insurance 219,786 214,516
Accrued interest receivable 120,129 118,966
Deferred tax asset, net 186,697 197,164
Goodwill 1,398,253 1,398,253
Core deposit intangible 40,327 48,770
Other assets 345,292 323,573
Total assets 22,490,748 22,656,658
Deposits:    
Demand and non-interest-bearing 4,006,115 4,085,501
Savings and interest-bearing transaction accounts 11,347,850 11,050,347
Time deposits 1,792,332 1,651,863
Total deposits 17,146,297 16,787,711
Securities sold under agreements to repurchase 162,350 142,085
FHLB and other borrowed funds 600,750 1,301,300
Accrued interest payable and other liabilities 181,080 194,653
Subordinated debentures 439,246 439,834
Total liabilities 18,529,723 18,865,583
Stockholders’ equity:    
Common stock, par value $0.01; shares authorized 300,000,000 in 2024 and 2023; shares issued and outstanding 198,882,402 in 2024 and 201,526,494 in 2023 1,989 2,015
Capital surplus 2,272,794 2,348,023
Retained earnings 1,942,350 1,690,112
Accumulated other comprehensive loss (256,108) (249,075)
Total stockholders’ equity 3,961,025 3,791,075
Total liabilities and stockholders’ equity $ 22,490,748 $ 22,656,658