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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 198,154 $ 358,461
Interest-bearing deposits 44,908 1,775,839
Cash and Cash Equivalents, at Carrying Value 243,062 2,134,300
Securities—trading 28,694 26,981
Securities—available-for-sale, amortized cost $3,218,777 and $3,653,160, respectively 2,789,031 3,638,993
Securities—held-to-maturity, net of allowance for credit losses of $379 and $433, respectively 1,117,588 520,922
Debt Securities 3,935,313 4,186,896
Federal Home Loan Bank Stock 12,000 12,000
Securities purchased under agreements to resell 300,000 300,000
Loans held for sale (includes $51,779 and $39,775, at fair value, respectively) 56,857 96,487
Loans and Leases Receivable, Gross 10,146,724 9,084,763
Allowance for credit losses – loans (141,465) (132,099)
Total loans, net 10,005,259 8,952,664
Accrued interest receivable 57,284 42,916
Real estate owned (REO), held for sale, net 340 852
Property and equipment, net 138,754 148,759
Goodwill 373,121 373,121
Other intangibles, net 9,440 14,855
Bank-owned life insurance (BOLI) 297,565 244,156
Deferred tax assets, net 178,131 71,138
Operating lease right-of-use assets 49,283 55,257
Other assets 177,022 171,471
Total assets 15,833,431 16,804,872
Deposits:    
Non-interest-bearing 6,176,998 6,385,177
Interest-bearing transaction and savings accounts 6,719,531 7,103,125
Interest-bearing certificates 723,530 838,631
Total deposits 13,620,059 14,326,933
Advances from FHLB 50,000 50,000
Other borrowings 232,799 264,490
Subordinated notes, net 98,947 98,564
Junior subordinated debentures at fair value (issued in connection with Trust Preferred Securities) 74,857 119,815
Operating lease liabilities 55,205 59,756
Accrued expenses and other liabilities 200,839 148,303
Deferred compensation 44,293 46,684
Total liabilities 14,376,999 15,114,545
COMMITMENTS AND CONTINGENCIES (Note 20)
SHAREHOLDERS’ EQUITY    
Preferred stock - $0.01 par value per share, 500,000 shares authorized; no shares outstanding at December 31, 2022 and December 31, 2021 0 0
Retained earnings 525,242 390,762
Carrying value of shares held in trust for stock-based compensation plans (6,905) (7,435)
Liability for common stock issued to stock related compensation plans 6,905 7,435
Accumulated other comprehensive (loss) income (362,769) 184
Shareholders’ equity 1,456,432 1,690,327
Total liabilities and stockholders' equity 15,833,431 16,804,872
Voting Common Stock [Member]    
SHAREHOLDERS’ EQUITY    
Common stock and paid in capital 1,293,959 1,299,381
Nonvoting Common Stock [Member]    
SHAREHOLDERS’ EQUITY    
Common stock and paid in capital $ 0 $ 0