v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 201,315 $ 176,501
Interest bearing cash and cash equivalents 1,897,803 3,012,307
Available-for-sale debt securities 3,951,455 3,524,686
Held-to-maturity debt securities 725,722 796,168
Equity securities 41,998 75,261
Trading securities 3,924 0
Investment securities 4,723,099 4,396,115
Loans held for investment, mortgage finance 6,064,019 5,215,574
Loans held for investment 17,976,183 17,234,492
Less: Allowance for credit losses on loans 270,557 271,709
Loans held for investment, net 23,769,645 22,178,357
Premises and equipment, net 88,003 85,443
Accrued interest receivable and other assets 854,552 881,664
Goodwill and intangibles, net 1,496 1,496
Total assets 31,540,274 30,731,883
Deposits [Abstract]    
Non-interest bearing deposits 6,959,097 7,485,428
Interest bearing deposits 19,489,670 17,753,171
Total deposits 26,448,767 25,238,599
Accrued interest payable 6,716 23,680
Other liabilities 502,834 556,322
Short-term borrowings 330,000 885,000
Long-term debt 620,575 660,346
Total liabilities 27,908,892 27,363,947
Stockholders’ equity:    
Preferred stock 300,000 300,000
Common stock 518 515
Additional paid-in capital 1,074,496 1,056,719
Retained earnings 2,808,645 2,495,651
Treasury stock - 7,532,768 and 5,286,503 shares at cost at December 31, 2025 and December 31, 2024, respectively (487,692) (301,842)
Accumulated other comprehensive loss, net of taxes (64,585) (183,107)
Total stockholders’ equity 3,631,382 3,367,936
Total liabilities and stockholders’ equity $ 31,540,274 $ 30,731,883