v3.21.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and cash equivalents $ 783,376 $ 629,707
Securities available-for-sale ("AFS") 901,746 814,671
Allowance for credit losses - investments (10,098) (7,245)
Net securities 891,648 807,426
Loans held for sale 501,433 505,404
Loans held for investment 5,308,959 4,803,799
Allowance for credit losses - loans (20,985) (24,200)
Net loans 5,287,974 4,779,599
Investment in FHLB stock 17,250 17,250
Deferred taxes 11,247 8,603
Premises and equipment, net 8,091 8,012
Goodwill and intangibles 94,083 95,296
Other assets 139,961 105,863
Total Assets 7,735,063 6,957,160
Liabilities:    
Deposits 6,844,978 5,913,433
Borrowings 12,500 269,000
Accounts payable and other liabilities 110,754 79,016
Total Liabilities 6,968,232 6,261,449
Shareholders' Equity    
Common Stock 45 45
Additional paid-in-capital 436,835 433,941
Retained earnings 321,184 247,638
Accumulated other comprehensive income (loss) 8,767 14,087
Total Shareholders' Equity 766,831 695,711
Total Liabilities and Shareholders' Equity $ 7,735,063 $ 6,957,160