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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Sep. 30, 2020
ASSETS      
CASH AND DUE FROM BANKS $ 201,901 $ 211,113 $ 175,088
INTEREST-BEARING DEMAND DEPOSITS IN BANKS 359,241 517,971 58,933
Total cash and cash equivalents 561,142 729,084 234,021
SECURITIES AVAILABLE-FOR-SALE, at fair value (amortized cost of these securities was $5,981,374, $4,238,624 and $4,177,179 as of September 30, 2021 and 2020 and December 31, 2020, respectively) 6,119,984 4,393,029 4,431,280
LOANS:      
Held-for-investment, excluding PPP loans 5,147,160 4,687,370 4,589,948
PPP loans 139,334 483,663 703,731
Total loans held-for-investments 5,286,494 5,171,033 5,293,679
Less—allowance for credit losses (63,370) (66,534) (76,038)
Net loans held for investment 5,223,124 5,104,499 5,217,641
Held-for-sale ($46,081, $94,666 and $79,585 at fair value at September 30, 2021 and 2020 and December 31, 2020, respectively) 47,721 83,969 101,055
BANK PREMISES AND EQUIPMENT, net 147,516 142,269 141,002
INTANGIBLE ASSETS, net 317,170 318,392 318,875
OTHER ASSETS 126,601 133,258 123,778
Total assets 12,543,258 10,904,500 10,567,652
LIABILITIES AND SHAREHOLDERS' EQUITY      
NONINTEREST-BEARING DEPOSITS 3,574,405 2,982,697 2,950,407
INTEREST-BEARING DEPOSITS 6,318,712 5,693,120 5,344,481
Total deposits 9,893,117 8,675,817 8,294,888
DIVIDENDS PAYABLE 21,380 18,484 18,476
BORROWINGS 648,679 430,093 503,163
TRADE DATE PAYABLES 174,236 14,641 53,730
OTHER LIABILITIES 72,111 87,275 77,894
Total liabilities 10,809,523 9,226,310 8,948,151
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY:      
COMMON STOCK ($0.01 par value, authorized 200,000,000 shares; 142,467,687, 142,121,595 and 142,161,834 shares issued at September 30, 2021 and 2020 and December 31, 2020, respectively) 1,425 1,422 1,421
CAPITAL SURPLUS 675,139 669,644 668,815
RETAINED EARNINGS 947,724 836,729 797,202
TREASURY STOCK (shares at cost: 937,803, 934,859 and 938,591 at September 30, 2021 and 2020 and December 31, 2020, respectively) (9,876) (9,126) (8,780)
DEFERRED COMPENSATION 9,876 9,126 8,780
ACCUMULATED OTHER COMPREHENSIVE EARNINGS, net 109,447 170,395 152,063
Total shareholders' equity 1,733,735 1,678,190 1,619,501
Total liabilities and shareholders' equity $ 12,543,258 $ 10,904,500 $ 10,567,652