XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 182,542 $ 173,988
Short-term investments and interest-bearing deposits 1,156,223 654,813
Securities available-for-sale (amortized cost of $1,602,696 at September 30, 2024, and $1,726,080 at December 31, 2023) 1,508,356 1,604,570
Loans held for sale 5,190 0
Loans held for investment 19,373,593 19,548,140
Less: Allowance for loan losses (163,733) (154,562)
Unamortized deferred loan fees, net (10,505) (10,720)
Loans held for investment, net 19,199,355 19,382,858
Equity securities 35,741 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 280,091 315,683
Premises and equipment, net 89,158 91,097
Customers’ liability on acceptances 12,043 3,264
Accrued interest receivable 95,351 97,673
Goodwill 375,696 375,696
Other intangible assets, net 3,590 4,461
Right-of-use assets - operating leases 30,543 32,076
Other assets 265,037 267,762
Total assets 23,274,443 23,081,534
Deposits:    
Non-interest-bearing 3,253,823 3,529,018
Interest-bearing:    
NOW deposits 2,093,861 2,370,685
Money market deposits 3,134,460 3,049,754
Savings deposits 1,215,974 1,039,203
Time deposits 10,245,823 9,336,787
Total deposits 19,943,941 19,325,447
Advances from the Federal Home Loan Bank 60,000 540,000
Other borrowings of affordable housing investments 17,783 15,787
Long-term debt 119,136 119,136
Acceptances outstanding 12,043 3,264
Lease liabilities - operating leases 32,906 34,797
Other liabilities 258,321 306,528
Total liabilities 20,444,130 20,344,959
Commitments and contingencies
Stockholders’ Equity    
Common stock, $0.01 par value, 100,000,000 shares authorized; 91,601,352 issued and 71,355,869 outstanding at September 30, 2024, and 91,392,480 issued and 72,668,927 outstanding at December 31, 2023 916 914
Additional paid-in-capital 991,362 987,953
Accumulated other comprehensive loss, net (66,453) (85,416)
Retained earnings 2,632,315 2,500,341
Treasury stock, at cost (20,245,483 shares at September 30, 2024, and 18,723,553 shares at December 31, 2023) (727,827) (667,217)
Total stockholders' equity 2,830,313 2,736,575
Total liabilities and stockholders' equity $ 23,274,443 $ 23,081,534