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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS:    
Cash and due from banks $ 218,830 $ 212,273
Interest-earning deposits in financial institutions 6,461,306 2,027,949
Total cash, cash equivalents, and restricted cash 6,680,136 2,240,222
Securities available-for-sale, at fair value (amortized cost of $5,591,766 and $5,654,617, respectively) 4,848,607 4,843,487
Debt Securities, Held-to-Maturity, Excluding Accrued Interest, after Allowance for Credit Loss 2,273,650 [1] 2,269,135 [2]
Federal Home Loan Bank stock, at cost 147,150 34,290
Total investment securities 7,269,407 7,146,912
Loans Receivable Held-for-sale, Amount 2,796,208 65,076
Gross loans and leases held for investment 25,770,912 28,726,016
Deferred fees, net (98,531) (116,887)
Allowance for loan and lease losses (210,055) (200,732)
Total loans and leases held for investment, net [3] 25,462,326 28,408,397
Equipment leased to others under operating leases 399,972 404,245
Premises and equipment, net 60,358 54,315
Foreclosed assets, net 2,135 5,022
Goodwill 0 1,376,736
Core deposit and customer relationship intangibles, net 28,970 31,381
Other assets 1,603,469 1,496,630
Total assets 44,302,981 41,228,936
LIABILITIES AND STOCKHOLDERS' EQUITY    
Noninterest-bearing deposits 7,030,759 11,212,357
Interest-bearing deposits 21,156,802 22,723,977
Total deposits 28,187,561 33,936,334
Borrowings (including $128,375 at fair value) 11,881,712 1,764,030
Subordinated debt 868,815 867,087
Accrued interest payable and other liabilities 593,416 710,954
Total liabilities 41,531,504 37,278,405
Commitments and contingencies
Preferred stock par value (usd per share)   $ 0.01
Preferred Stock, Shares Authorized 5,000,000 5,000,000
Preferred stock issued (shares) 513,250 513,250
Preferred stock outstanding (shares) 513,250 513,250
Preferred Stock $0.01 par value; 5,000,000 shares authorized; 513,250 Series A shares, $1,000 per share liquidation preference, issued and outstanding at March 31, 2023 and December 31, 2022 $ 498,516 $ 498,516
Common stock ($0.01 par value, 200,000,000 shares authorized at March 31, 2023 and December 31, 2022; 123,169,017 and 123,000,557 shares issued, respectively, including 2,207618 and 2,405,878 shares of unvested restricted stock, respectively) 1,232 1,230
Additional paid-in capital 2,903,428 2,927,903
Retained earnings 215,253 1,420,624
Treasury stock, at cost (2,924,8038 and 2,778,500 shares at March 31, 2023 and December 31, 2022) (110,892) (106,839)
Accumulated other comprehensive (loss) income, net (736,060) (790,903)
Total stockholders' equity 2,771,477 3,950,531
Total liabilities and stockholders' equity $ 44,302,981 $ 41,228,936
Preferred Stock, Liquidation Preference Per Share $ 1,000 $ 1,000
[1] Excludes accrued interest receivable of $11.3 million at March 31, 2023 which is recorded in "Other assets" on the condensed consolidated balance sheets
[2] Excludes accrued interest receivable of $13.5 million at December 31, 2022 which is recorded in "Other assets" on the condensed consolidated balance sheets
[3] Excludes accrued interest receivable of $131.7 million and $124.3 million at March 31, 2023 and December 31, 2022, respectively, which is recorded in "Other assets" on the condensed consolidated balance sheets.