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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 134,141 $ 138,616
Short-term investments and interest-bearing deposits 2,315,563 1,282,462
Securities available-for-sale (amortized cost of $1,126,867 in 2021 and $1,019,230 in 2020) 1,127,309 1,036,550
Loans 16,342,479 15,644,396
Less: Allowance for loan losses (136,157) (166,538)
Unamortized deferred loan fees, net (4,321) (2,494)
Loans, net 16,202,001 15,475,364
Equity securities 22,319 23,744
Federal Home Loan Bank stock 17,250 17,250
Other real estate owned, net 4,368 4,918
Affordable housing investments and alternative energy partnerships, net 299,211 309,016
Premises and equipment, net 99,402 102,998
Customers’ liability on acceptances 8,112 13,753
Accrued interest receivable 56,994 59,032
Goodwill 372,189 372,189
Other intangible assets, net 4,627 5,434
Right-of-use assets- operating leases 27,834 30,919
Other assets 195,403 170,889
Total assets 20,886,723 19,043,134
Deposits:    
Non-interest-bearing demand deposits 4,492,054 3,365,086
Interest-bearing deposits:    
NOW deposits 2,522,442 1,926,135
Money market deposits 4,611,579 3,359,191
Savings deposits 915,515 785,672
Time deposits 5,517,252 6,673,317
Total deposits 18,058,842 16,109,401
Advances from the Federal Home Loan Bank 20,000 150,000
Other borrowings for affordable housing investments 23,145 23,714
Long-term debt 119,136 119,136
Acceptances outstanding 8,112 13,753
Lease liabilities - operating leases 30,694 33,484
Other liabilities 180,543 175,502
Total liabilities 18,440,472 16,624,990
Commitments and contingencies
Stockholders’ Equity    
Common stock, $0.01 par value, 100,000,000 shares authorized, 90,871,860 issued and 75,750,862 outstanding at December 31, 2021, and 90,643,206 issued and 79,508,265 outstanding at December 31, 2020 909 906
Additional paid-in-capital 972,474 964,734
Accumulated other comprehensive income, net (3,065) 5,310
Retained earnings 1,985,168 1,789,325
Treasury stock, at cost (15,120,998 shares at December 31, 2021, and 11,134,941 shares at December 31, 2020) (509,235) (342,131)
Total equity 2,446,251 2,418,144
Total liabilities and equity $ 20,886,723 $ 19,043,134