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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
ASSETS:    
Cash and due from banks $ 205,364 $ 192,006
Interest-earning deposits in financial institutions 2,192,901 2,310,206
Total cash, cash equivalents, and restricted cash 2,398,265 2,502,212
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,575,393 and $2,526,64, respectively) 2,426,734 2,246,839
Securities held-to-maturity, at amortized cost, net of allowance for credit losses (fair value of $2,179,910 and $2,156,694, respectively)(ACL of $600 and $1,500, respectively) 2,303,657 [1] 2,306,149 [2]
FRB and FHLB stock, at cost 159,337 147,773
Total investment securities 4,889,728 4,700,761
Loans held for sale 211,454 26,331
Loans held for investment, net 24,110,642 23,781,663
Allowance for loan and lease losses (240,501) (239,360)
Total loans and leases held for investment, net [3] 23,870,141 23,542,303
Equipment leased to others under operating leases 280,872 307,188
Premises and equipment, net 132,766 142,546
Bank owned life insurance 348,051 339,517
Goodwill 214,521 214,521
Intangible assets, net 111,923 132,944
Deferred tax asset, net 672,159 720,587
Other assets 883,085 913,954
Total assets [4] 34,012,965 33,542,864
LIABILITIES AND STOCKHOLDERS' EQUITY    
Noninterest-bearing deposits 7,603,748 7,719,913
Interest-bearing deposits 19,581,017 19,471,996
Total deposits 27,184,765 27,191,909
Borrowings (including $115,022 and $118,838 at fair value, respectively) 2,005,022 1,391,814
Subordinated debt 950,888 941,923
Accrued interest payable and other liabilities 405,551 517,269
Total liabilities 30,546,226 30,042,915
Commitments and contingencies
Preferred stock 498,516 498,516
Common stock ($0.01 par value, 156,135,165 shares issued and 155,947,503 outstanding at March 31, 2025; 158,557,735 shares issued and 158,346,529 outstanding at December 31, 2024) 1,509 1,586
Class B Non-voting common stock ($0.01 par value, 477,321 shares issued at March 31, 2025 and 477,321 share issued at December 31, 2024) 5 5
Additional paid-in capital 3,563,145 3,785,725
Retained deficit (309,460) (431,201)
Accumulated other comprehensive loss, net (287,017) (354,780)
Total stockholders' equity 3,466,739 3,499,949
Total liabilities and stockholders' equity 34,012,965 33,542,864
Nonvoting Common Stock    
LIABILITIES AND STOCKHOLDERS' EQUITY    
Non-voting common stock equivalents ($0.01 par value, 9,790,600 shares issued at March 31, 2025 and 9,790,600 shares issued at December 31, 2024) $ 41 $ 98
[1] Excludes accrued interest receivable of $11.2 million at September 30, 2025 which is recorded in "Other assets" on the condensed consolidated balance sheets
[2] Excludes accrued interest receivable of $13.4 million at December 31, 2024 which is recorded in "Other assets" on the condensed consolidated balance sheets
[3] Excludes accrued interest receivable of $99.1 million and $96.8 million at September 30, 2025 and December 31, 2024, respectively, which is recorded in "Other assets" on the condensed consolidated balance sheets.
[4] Segment total assets is the same as total assets reported on the condensed consolidated balance sheets.