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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 146,696 $ 135,207
Interest-bearing deposits with financial institutions 789,777 966,042
Cash and cash equivalents 936,473 1,101,249
Interest-bearing time deposits with financial institutions 995 1,734
Investments securities held-to-maturity, at amortized cost, net of allowance of $126 and $43 (fair value of $1,485,506 and $1,097,096 as of December 31, 2023 and December 31, 2022, respectively) 1,729,541 1,388,103
Investment securities available-for-sale, at fair value 1,140,071 2,601,013
FHLB, FRB, and other stock 99,225 119,918
Loans held for sale, at lower of cost or fair value 0 2,643
Loans held for investment 13,289,020 14,676,298
Allowance for credit losses (192,471) (195,651)
Loans held for investment, net 13,096,549 14,480,647
Accrued interest receivable 68,516 73,784
Other real estate owned 248 0
Premises and equipment, net 56,676 64,543
Deferred income taxes, net 113,580 183,602
Bank owned life insurance 471,178 460,010
Intangible assets 43,285 55,588
Goodwill 901,312 901,312
Other assets 368,996 253,871
Total assets 19,026,645 21,688,017
Deposit accounts:    
Noninterest-bearing checking 4,932,817 6,306,825
Interest-bearing:    
Checking 2,899,621 3,119,850
Money market/savings 4,868,442 5,422,607
Retail certificates of deposit 1,684,560 1,086,423
Wholesale/brokered certificates of deposit 610,186 1,416,696
Total interest-bearing 10,062,809 11,045,576
Total deposits 14,995,626 17,352,401
FHLB advances and other borrowings 600,000 1,000,000
Subordinated debentures 331,842 331,204
Accrued expenses and other liabilities 216,596 206,023
Total liabilities 16,144,064 18,889,628
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, 2023 and December 31, 2022; 95,860,092 shares and 95,021,760 shares issued and outstanding, respectively 938 933
Additional paid-in capital 2,377,131 2,362,663
Retained earnings 604,137 700,040
Accumulated other comprehensive loss (99,625) (265,247)
Total stockholders’ equity 2,882,581 2,798,389
Total liabilities and stockholders’ equity $ 19,026,645 $ 21,688,017