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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 154,392 $ 135,207
Interest-bearing deposits with financial institutions 1,309,285 966,042
Cash and cash equivalents 1,463,677 1,101,249
Interest-bearing time deposits with financial institutions 1,487 1,734
Investments securities held-to-maturity, at amortized cost, net of allowance for credit losses of $113 and $43 (fair value of $1,458,287 and $1,097,096) at June 30, 2023 and December 31, 2022, respectively 1,737,604 1,388,103
Investment securities available-for-sale, at fair value 2,011,791 2,601,013
FHLB, FRB, and other stock 105,369 119,918
Loans held for sale, at lower of cost or fair value 2,184 2,643
Loans held for investment 13,610,282 14,676,298
Allowance for credit losses (192,333) (195,651)
Loans held for investment, net 13,417,949 14,480,647
Accrued interest receivable 70,093 73,784
Other real estate owned 270 0
Premises and equipment, net 61,527 64,543
Deferred income taxes, net 184,857 183,602
Bank owned life insurance 465,288 460,010
Intangible assets 49,362 55,588
Goodwill 901,312 901,312
Other assets 275,113 253,871
Total assets 20,747,883 21,688,017
Deposit accounts:    
Noninterest-bearing checking 5,895,975 6,306,825
Interest-bearing:    
Checking 2,759,855 3,119,850
Money market/savings 4,801,288 5,422,607
Retail certificates of deposit 1,366,071 1,086,423
Wholesale/brokered certificates of deposit 1,716,686 1,416,696
Total interest-bearing 10,643,900 11,045,576
Total deposits 16,539,875 17,352,401
FHLB advances and other borrowings 800,000 1,000,000
Subordinated debentures 331,523 331,204
Accrued expenses and other liabilities 227,351 206,023
Total liabilities 17,898,749 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 June 30, 2023 and December 31, 2022; 95,906,217 shares and 95,021,760 shares issued and outstanding, respectively 937 933
Additional paid-in capital 2,366,639 2,362,663
Retained earnings 757,025 700,040
Accumulated other comprehensive loss (275,467) (265,247)
Total stockholders’ equity 2,849,134 2,798,389
Total liabilities and stockholders’ equity $ 20,747,883 $ 21,688,017