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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 160,389 $ 173,988
Short-term investments and interest-bearing deposits 944,612 654,813
Securities available-for-sale (amortized cost of $1,780,251 at June 30, 2024, and $1,726,080 at December 31, 2023) 1,648,731 1,604,570
Loans held for investment 19,357,524 19,548,140
Less: Allowance for loan losses (153,404) (154,562)
Unamortized deferred loan fees, net (10,785) (10,720)
Loans held for investment, net 19,193,335 19,382,858
Equity securities 31,488 40,406
Federal Home Loan Bank stock 17,250 17,746
Other real estate owned, net 18,277 19,441
Affordable housing investments and alternative energy partnerships, net 309,834 315,683
Premises and equipment, net 89,451 91,097
Customers’ liability on acceptances 16,264 3,264
Accrued interest receivable 99,434 97,673
Goodwill 375,696 375,696
Other intangible assets, net 3,860 4,461
Right-of-use assets - operating leases 32,858 32,076
Other assets 293,766 267,762
Total assets 23,235,245 23,081,534
Deposits:    
Non-interest-bearing 3,161,632 3,529,018
Interest-bearing:    
NOW deposits 2,145,580 2,370,685
Money market deposits 3,182,031 3,049,754
Savings deposits 1,014,287 1,039,203
Time deposits 10,269,487 9,336,787
Total deposits 19,773,017 19,325,447
Advances from the Federal Home Loan Bank 165,000 540,000
Other borrowings of affordable housing investments 17,838 15,787
Long-term debt 119,136 119,136
Acceptances outstanding 16,264 3,264
Lease liabilities - operating leases 35,355 34,797
Other liabilities 315,393 306,528
Total liabilities 20,442,003 20,344,959
Commitments and contingencies
Stockholders’ Equity    
Common stock, $0.01 par value, 100,000,000 shares authorized; 91,583,456 issued and 72,170,433 outstanding at June 30, 2024, and 91,392,480 issued and 72,668,927 outstanding at December 31, 2023 916 914
Additional paid-in-capital 988,772 987,953
Accumulated other comprehensive loss, net (93,060) (85,416)
Retained earnings 2,589,132 2,500,341
Treasury stock, at cost (19,413,023 shares at June 30, 2024, and 18,723,553 shares at December 31, 2023) (692,518) (667,217)
Total stockholders' equity 2,793,242 2,736,575
Total liabilities and stockholders' equity $ 23,235,245 $ 23,081,534