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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 135,429 $ 135,847
Interest-bearing deposits with financial institutions 745,337 191,003
Cash and cash equivalents 880,766 326,850
Interest-bearing time deposits with financial institutions 2,845 2,708
Investments held-to-maturity, at amortized cost (fair value of 25,013 and 38,760 as of December 31, 2020 and December 31, 2019, respectively) 23,732 37,838
Investment securities available-for-sale, at fair value 3,931,115 1,368,384
FHLB, FRB, and other stock, at cost 117,055 93,061
Loans held for sale, at lower of cost or fair value 601 1,672
Loans held for investment 13,236,433 8,722,311
Allowance for credit losses (268,018) (35,698)
Loans held for investment, net 12,968,415 8,686,613
Accrued interest receivable 74,574 39,442
Other real estate owned 0 441
Premises and equipment 78,884 59,001
Deferred income taxes, net 89,056 0
Bank owned life insurance 292,564 113,376
Intangible assets 85,507 83,312
Goodwill 898,569 808,322
Other assets 292,861 154,992
Total assets 19,736,544 11,776,012
Deposit accounts:    
Noninterest-bearing checking 6,011,106 3,857,660
Interest-bearing:    
Checking 2,913,260 586,019
Money market/savings 5,662,969 3,406,988
Retail certificates of deposit 1,471,512 973,465
Wholesale/brokered certificates of deposit 155,330 74,377
Total interest-bearing 10,203,071 5,040,849
Total deposits 16,214,177 8,898,509
FHLB advances and other borrowings 31,000 517,026
Subordinated debentures 501,511 215,145
Deferred income taxes, net 0 1,371
Accrued expenses and other liabilities 243,207 131,367
Total liabilities 16,989,895 9,763,418
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.01 par value; 1,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $0.01 par value; 150,000,000 shares authorized at December 31, 2020 and December 31, 2019; 94,483,136 shares and 59,506,057 shares issued and outstanding, respectively 931 586
Additional paid-in capital 2,354,871 1,594,434
Retained earnings 330,555 396,051
Accumulated other comprehensive income 60,292 21,523
Total stockholders’ equity 2,746,649 2,012,594
Total liabilities and stockholders’ equity $ 19,736,544 $ 11,776,012