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Condensed Financial Information Of Parent Company | 12 Months Ended
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Dec. 31, 2024
Condensed Financial Information Of Parent Company [Abstract] |
Condensed Financial Information Of Parent Company | NOTE 23. CONDENSED FINANCIAL INFORMATION OF PARENT COMPANY The following tables present the parent company only condensed balance sheets and the related condensed statements of earnings (loss) and condensed statements of cash flows as of and for the years indicated:
Parent Company Only | December 31,
Condensed Balance Sheets | 2024 |  | 2023
| (In thousands)
Assets: |  |  |
Cash and cash equivalents | $ | 192,255 |  |  | $ | 285,758 |
Investments in subsidiaries | 3,570,039 |  |  | 3,384,784 |
Other assets | 134,799 |  |  | 134,822 |
Total assets | $ | 3,897,093 |  |  | $ | 3,805,364 |
Liabilities: |  |  |
Borrowings | $ | 172,976 |  |  | $ | 169,906 |
Subordinated debt | 214,709 |  |  | 213,171 |
Other liabilities | 9,459 |  |  | 31,522 |
Total liabilities | 397,144 |  |  | 414,599 |
Stockholders’ equity | 3,499,949 |  |  | 3,390,765 |
Total liabilities and stockholders’ equity | $ | 3,897,093 |  |  | $ | 3,805,364 |
Parent Company Only | Year Ended December 31,
Condensed Statements of Earnings (Loss) | 2024 |  | 2023 |  | 2022
| (In thousands)
Miscellaneous income (loss) | $ | 6,601 |  |  | $ | 8,978 |  |  | $ | (7,234) |
Dividends from Bank subsidiary | 80,000 |  |  | 46,000 |  |  | 129,000 |
Total income | 86,601 |  |  | 54,978 |  |  | 121,766 |
Interest expense | 29,217 |  |  | 12,067 |  |  | 5,824 |
Operating expenses | 4,716 |  |  | 11,944 |  |  | 6,015 |
Total expenses | 33,933 |  |  | 24,011 |  |  | 11,839 |
Earnings before income taxes and equity in undistributed |  |  |  |  |
earnings of subsidiaries | 52,668 |  |  | 30,967 |  |  | 109,927 |
Income tax benefit | 8,463 |  |  | 4,455 |  |  | 9,682 |
Earnings before equity in undistributed earnings of subsidiaries | 61,131 |  |  | 35,422 |  |  | 119,609 |
Equity in undistributed earnings (loss) of subsidiaries | 65,757 |  |  | (1,934,559) |  |  | 304,004 |
Net earnings (loss) | 126,888 |  |  | (1,899,137) |  |  | 423,613 |
Preferred stock dividends | 39,788 |  |  | 39,788 |  |  | 19,339 |
Net earnings (loss) available to common and equivalent |  |  |  |  |
stockholders | $ | 87,100 |  |  | $ | (1,938,925) |  |  | $ | 404,274 |
Parent Company Only | Year Ended December 31,
Condensed Statements of Cash Flows | 2024 |  | 2023 |  | 2022
| (In thousands)
Cash flows from operating activities: |  |  |  |  |
Net earnings (loss) | $ | 126,888 |  |  | $ | (1,899,137) |  |  | $ | 423,613 |
Adjustments to reconcile net earnings (loss) to net cash |  |  |  |  |
provided by (used in) operating activities: |  |  |  |  |
Depreciation and amortization | 4,608 |  |  | 378 |  |  | — |
Change in other assets | (42,141) |  |  | (466,018) |  |  | (323,852) |
Change in liabilities | (22,063) |  |  | 20,907 |  |  | (5,658) |
Earned stock compensation | 15,448 |  |  | 28,697 |  |  | 34,769 |
(Equity in) distributions in excess of undistributed earnings |  |  |  |  |
or loss of subsidiaries | (65,757) |  |  | 1,934,559 |  |  | (304,004) |
Net cash provided by (used in) operating activities | 16,983 |  |  | (380,614) |  |  | (175,132) |
Cash flows from investing activities: |  |  |  |  |
Cash acquired in acquisitions, net of consideration paid | — |  |  | 26,310 |  |  | — |
Net cash provided by investing activities | — |  |  | 26,310 |  |  | — |
Cash flows from financing activities: |  |  |  |  |
Common stock repurchased and restricted stock surrendered | (2,708) |  |  | (5,419) |  |  | (9,531) |
Net proceeds from stock issuance | — |  |  | 382,900 |  |  | — |
Net proceeds from preferred stock offering | — |  |  | — |  |  | 498,516 |
Shares purchased under the Dividend Reinvestment Plan | 308 |  |  | 69 |  |  | — |
Preferred stock dividends paid | (39,788) |  |  | (39,788) |  |  | (19,339) |
Common stock dividends paid | (68,298) |  |  | (48,881) |  |  | (120,256) |
Net cash (used in) provided by financing activities | (110,486) |  |  | 288,881 |  |  | 349,390 |
Net (decrease) increase in cash and cash equivalents | (93,503) |  |  | (65,423) |  |  | 174,258 |
Cash and cash equivalents, beginning of year | 285,758 |  |  | 351,181 |  |  | 176,923 |
Cash and cash equivalents, end of year | $ | 192,255 |  |  | $ | 285,758 |  |  | $ | 351,181 |

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-3 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 205 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04(Schedule I)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480922/205-10-S99-6 Reference 3: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Topic 810 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481231/810-10-45-11 + Details
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