XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 158,784 $ 135,847
Interest-bearing deposits with financial institutions 1,182,946 191,003
Cash and cash equivalents 1,341,730 326,850
Interest-bearing time deposits with financial institutions 2,845 2,708
Debt Securities, Held-to-maturity 32,557 37,838
Investment securities available-for-sale, at fair value 2,336,066 1,368,384
FHLB, FRB and other stock, at cost 94,658 93,061
Loans held for sale, at lower of cost or fair value 1,007 1,672
Loans held for investment 15,082,884 8,722,311
Allowance for credit losses (282,271) (35,698)
Loans held for investment, net 14,800,613 8,686,613
Accrued interest receivable 78,408 39,442
Other real estate owned 386 441
Premises and equipment 76,542 59,001
Deferred income taxes, net 105,859 0
Bank owned life insurance 305,901 113,376
Intangible assets 94,550 83,312
Goodwill 901,166 808,322
Other assets 344,786 154,992
Total assets 20,517,074 11,776,012
Deposit accounts:    
Noninterest-bearing checking 5,899,442 3,857,660
Interest-bearing:    
Checking 3,098,454 586,019
Money market/savings 6,060,031 3,406,988
Retail certificates of deposit 1,651,976 973,465
Wholesale/brokered certificates of deposit 266,790 74,377
Total interest-bearing 11,077,251 5,040,849
Total deposits 16,976,693 8,898,509
FHLB advances and other borrowings 41,006 517,026
Subordinated debentures 501,375 215,145
Deferred income taxes, net 0 1,371
Accrued expenses and other liabilities 343,353 131,367
Total liabilities 17,862,427 9,763,418
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.01 par value; 1,000,000 authorized; none issued and outstanding 0 0
Common stock, $0.01 par value; 150,000,000 shares authorized at June 30, 2020 and December 31, 2019; 94,350,902 shares and 59,506,057 shares issued and outstanding, respectively. 930 586
Additional paid-in capital 2,348,415 1,594,434
Retained earnings 247,078 396,051
Accumulated other comprehensive income 58,224 21,523
Total stockholders’ equity 2,654,647 2,012,594
Total liabilities and stockholders’ equity $ 20,517,074 $ 11,776,012