XML 16 R2.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
CASH AND DUE FROM BANKS $ 293,286,000 $ 205,053,000
INTEREST-BEARING DEMAND DEPOSITS IN BANKS 37,392,000 323,535,000
Total cash and cash equivalents 330,678,000 528,588,000
SECURITIES AVAILABLE-FOR-SALE, at fair value (amortized cost of these securities was $6,152.348 and $6,447,510 as of December 31, 2022 and 2021, respectively) 5,474,359,000 6,573,179,000
LOANS:    
Held-for-investment, excluding PPP loans 6,441,699,000 5,336,179,000
PPP loans 169,000 52,793,000
Total loans held-for-investment 6,441,868,000 5,388,972,000
Less - allowance for credit losses (75,834,000) (63,465,000)
Net loans held – for -investment 6,366,034,000 5,325,507,000
Held-for-sale ($10,497 and $34,122 at fair value as of December 31, 2022 and 2021, respectively) 11,965,000 37,810,000
BANK PREMISES AND EQUIPMENT, net 152,973,000 149,764,000
INTANGIBLE ASSETS, net 315,534,000 316,779,000
OTHER ASSETS 322,523,000 170,834,000
Total assets 12,974,066,000 13,102,461,000
LIABILITIES AND SHAREHOLDERS’ EQUITY    
NONINTEREST-BEARING DEPOSITS 4,061,788,000 3,780,230,000
INTEREST-BEARING DEPOSITS 6,943,719,000 6,786,258,000
Total deposits 11,005,507,000 10,566,488,000
DIVIDENDS PAYABLE 24,278,000 21,388,000
BORROWINGS 642,507,000 671,152,000
OTHER LIABILITIES 36,037,000 84,209,000
Total liabilities 11,708,329,000 11,343,237,000
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY:    
COMMON STOCK $0.01 par value; authorized 200,000,000 shares; 142,657,871 and 142,532,116 shares issued at December 31, 2022 and 2021, respectively 1,427,000 1,425,000
Capital surplus 677,593,000 676,871,000
Retained earnings 1,121,945,000 981,675,000
TREASURY STOCK (shares at cost: 929,210 and 936,897 at December 31, 2022 and 2021, respectively) (11,035,000) (10,090,000)
DEFERRED COMPENSATION 11,035,000 10,090,000
ACCUMULATED OTHER COMPREHENSIVE EARNINGS, net (535,228,000) 99,253,000
Total shareholders’ equity 1,265,737,000 1,759,224,000
Total liabilities and shareholders’ equity $ 12,974,066,000 $ 13,102,461,000