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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and Due from Banks $ 203,402 $ 209,634
Interest-bearing deposits 298,456 44,830
Total cash and cash equivalents 501,858 254,464
Debt Securities, Available-for-Sale 2,104,511 2,373,783
Debt Securities, Held-to-Maturity, Amortized Cost, after Allowance for Credit Loss 1,001,564 1,059,055
Debt Securities, Available-for-Sale and Held-to-Maturity, after Allowance for Credit Loss 3,106,075 3,432,838
Federal Home Loan Bank (FHLB) stock 22,451 24,028
Loans held for sale (includes $26,185 and $9,105, at fair value, respectively) 32,021 11,170
Financing Receivable, before Allowance for Credit Loss 11,354,656 10,810,455
Financing Receivable, Allowance for Credit Loss (155,521) (149,643)
Financing Receivable, after Allowance for Credit Loss, Total 11,199,135 10,660,812
Accrued interest receivable 60,885 63,100
Property and equipment, net 124,589 132,231
Goodwill 373,121 373,121
Other intangibles, net 3,058 5,684
Bank-owned life insurance (BOLI) 312,549 304,366
Deferred tax assets, net 148,858 153,365
Operating lease right-of-use assets 39,998 43,731
Other assets 275,439 211,481
Total assets 16,200,037 15,670,391
Deposits:    
Non-interest-bearing 4,591,543 4,792,369
Interest-bearing transaction and savings accounts 7,423,183 6,759,661
Interest-bearing certificates 1,499,672 1,477,467
Total deposits 13,514,398 13,029,497
Advances from FHLB 290,000 323,000
Other borrowings 125,257 182,877
Subordinated notes, net 80,278  
Junior subordinated debentures at fair value (issued in connection with Trust Preferred Securities) 67,477 66,413
Operating lease liabilities 43,472 48,659
Accrued expenses and other liabilities 258,070 228,428
Deferred compensation 46,759 45,975
Total liabilities 14,425,711 14,017,700
COMMITMENTS AND CONTINGENCIES (Note 18)
SHAREHOLDERS’ EQUITY    
Preferred stock - $0.01 par value per share, 500,000 shares authorized; no shares outstanding at December 31, 2024 and December 31, 2023 0 0
Retained earnings 744,091 642,175
Carrying value of shares held in trust for stock-based compensation plans (6,194) (6,563)
Liability for common stock issued to stock related compensation plans 6,194 6,563
Accumulated other comprehensive loss (277,274) (289,135)
Shareholders’ equity 1,774,326 1,652,691
Total liabilities and stockholders' equity 16,200,037 15,670,391
Voting Common Stock [Member]    
SHAREHOLDERS’ EQUITY    
Common stock and paid in capital 1,307,509 1,299,651
Nonvoting Common Stock [Member]    
SHAREHOLDERS’ EQUITY    
Common stock and paid in capital $ 0 $ 0