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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 1,442,647 $ 999,711
Trading securities 50,357 0
Securities available-for-sale, at fair value 3,490,478 3,065,251
Securities held-to-maturity, at amortized cost (fair value of $1,186,260 and $1,196,000 at September 30, 2025 and December 31, 2024, respectively) 1,363,636 1,440,494
Loans held for sale (includes $21,397 carried at fair value at September 30, 2025) 54,985 543
Loan and lease receivables 14,568,795 9,643,497
Allowance for credit losses on loans and leases (168,959) (88,558)
Net loan and lease receivables 14,399,836 9,554,939
Mortgage servicing rights (includes $59,536 carried at fair value at September 30, 2025) 88,595 0
Other real estate owned 1,675 15,600
Federal Home Loan Bank stock, at cost 17,294 17,250
Premises and equipment, net 143,917 117,362
Bank-owned life insurance 169,163 83,741
Goodwill 843,305 843,305
Other intangible assets, net 143,264 38,744
Right-of-use asset 85,657 53,545
Interest receivable and other assets 414,011 259,627
TOTAL ASSETS 22,708,820 16,490,112
Deposits [Abstract]    
Noninterest-bearing demand deposits 6,748,479 5,616,116
Interest-bearing transaction accounts 7,918,670 6,138,909
Savings and time deposits 4,785,670 2,186,779
Total deposits 19,452,819 13,941,804
Long-term debt 190,123 0
Operating lease liability 90,796 56,094
Interest payable and other liabilities 200,948 190,346
TOTAL LIABILITIES 19,934,686 14,188,244
SHAREHOLDERS’ EQUITY    
Common stock, Class A, no par value, Authorized —1,897,500,000 shares, Issued and outstanding, 220,088,687 shares and 200,884,880 shares at September 30, 2025 and December 31, 2024, respectively; Class B, no par value, Authorized — 2,500,000 shares, Issued and outstanding, 1,114,448 shares at September 30, 2025 and December 31, 2024. 2,401,989 2,122,117
Retained earnings 380,954 239,517
Accumulated other comprehensive loss, net of tax (8,809) (59,766)
TOTAL SHAREHOLDERS’ EQUITY 2,774,134 2,301,868
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 22,708,820 $ 16,490,112