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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Cash and cash equivalents:    
Cash and due from banks $ 2,756,288 $ 2,142,294
Money market investments 11,206 11,908
Total cash and cash equivalents 2,767,494 2,154,202
Restricted cash 199 1,375
Investments:    
Trading securities, at fair value, with amortized cost of $432 (December 31, 2020- $432) 29 22
Investment securities available-for-sale, at fair value, with amortized cost of $491,321 (December 31, 2020, amortized cost $432,176); no allowance for credit losses 501,619 446,438
Investment securities held-to-maturity, at amortized cost no allowance for credit losses 125,138 0
Federal Home Loan Bank (FHLB) stock, at cost 7,541 8,278
Other investments 9,168 3,962
Total investments 643,495 458,700
Loans:    
Loans held-for-sale, at lower of cost or fair value 47,665 43,935
Loans held for investment, net of allowance for credit losses of $191,717 (December 31, 2020 - $204,809) 6,306,375 6,457,324
Total loans 6,354,040 6,501,259
Other assets:    
Foreclosed real estate 15,093 11,596
Accrued interest receivable 59,850 65,547
Deferred tax asset, net 144,799 162,478
Premises and equipment, net 85,993 83,786
Customers' liability on acceptances 27,703 33,349
Servicing assets 47,712 47,295
Goodwill 86,069 86,069
Other intangible assets 40,995 45,896
Operating lease right-of-use assets 32,621 31,383
Other assets 155,750 143,076
Total assets 10,461,813 9,826,011
Deposits:    
Demand deposits 5,329,429 4,613,309
Savings accounts 2,285,558 1,944,415
Time deposits 1,475,505 1,857,916
Total deposits 9,090,492 8,415,640
Borrowings:    
Advances from FHLB 63,569 65,561
Subordinated capital notes 36,083 36,083
Other borrowings 298 707
Total borrowings 99,950 102,351
Other liabilities:    
Derivative liabilities 1,293 1,712
Acceptances executed and outstanding 27,703 33,349
Operating lease liabilities 34,052 32,566
Accrued expenses and other liabilities 128,326 154,418
Total liabilities 9,381,816 8,740,036
Commitments and contingencies (See Note 26)
Stockholders' equity:    
Preferred stock; 10,000,000 shares authorized; 960,000 shares of Series D issued and outstanding (December 31, 2020 - 1,340,000 shares; 1,380,000 shares; and 960,000 shares) $25 liquidation value 24,000 92,000
Common stock, $1 par value; 100,000,000 shares authorized; 59,885,234 shares issued: 51,660,507 shares outstanding (December 31, 2020 - $59,885,234; 51,387,071) 59,885 59,885
Additional paid-in capital 626,995 622,652
Legal surplus 110,235 103,269
Retained earnings 352,001 300,096
Treasury stock, at cost, 8,224,727 shares (December 31, 2020 - 8,498,163 shares) (100,719) (102,949)
Accumulated other comprehensive income (loss), net of tax of $1,405 (December 31, 2020 - $1,529) 7,600 11,022
Total stockholders' equity 1,079,997 1,085,975
Total liabilities and stockholders' equity $ 10,461,813 $ 9,826,011