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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 132,441 $ 135,207
Interest-bearing deposits with financial institutions 1,292,455 966,042
Cash and cash equivalents 1,424,896 1,101,249
Interest-bearing time deposits with financial institutions 1,734 1,734
Investments securities held-to-maturity, at amortized cost, net of allowance for credit losses of $227 and $43 (fair value of $1,496,494 and $1,097,096) at March 31, 2023 and December 31, 2022, respectively 1,749,030 1,388,103
Investment securities available-for-sale, at fair value 2,112,852 2,601,013
FHLB, FRB, and other stock 105,479 119,918
Loans held for sale, at lower of cost or fair value 1,247 2,643
Loans held for investment 14,171,784 14,676,298
Allowance for credit losses (195,388) (195,651)
Loans held for investment, net 13,976,396 14,480,647
Accrued interest receivable 69,660 73,784
Other real estate owned 5,499 0
Premises and equipment, net 63,450 64,543
Deferred income taxes, net 177,778 183,602
Bank owned life insurance 462,732 460,010
Intangible assets 52,417 55,588
Goodwill 901,312 901,312
Other assets 257,082 253,871
Total assets 21,361,564 21,688,017
Deposit accounts:    
Noninterest-bearing checking 6,209,104 6,306,825
Interest-bearing:    
Checking 2,871,812 3,119,850
Money market/savings 5,128,857 5,422,607
Retail certificates of deposit 1,257,146 1,086,423
Wholesale/brokered certificates of deposit 1,740,891 1,416,696
Total interest-bearing 10,998,706 11,045,576
Total deposits 17,207,810 17,352,401
FHLB advances and other borrowings 800,000 1,000,000
Subordinated debentures 331,364 331,204
Accrued expenses and other liabilities 191,229 206,023
Total liabilities 18,530,403 18,889,628
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.01 par value; 1,000,000 authorized; no shares issued and outstanding 0 0
Common stock, $0.01 par value; 150,000,000 shares authorized at March 31, 2023 and December 31, 2022; 95,714,777 shares and 95,021,760 shares issued and outstanding, respectively 937 933
Additional paid-in capital 2,361,830 2,362,663
Retained earnings 731,123 700,040
Accumulated other comprehensive loss (262,729) (265,247)
Total stockholders’ equity 2,831,161 2,798,389
Total liabilities and stockholders’ equity $ 21,361,564 $ 21,688,017