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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 165,284 $ 173,988
Short-term investments and interest-bearing deposits 1,010,651 654,813
Securities available-for-sale (amortized cost of $1,783,915 at March 31, 2024 and $1,726,080 at December 31, 2023) 1,653,167 1,604,570
Loans held for sale 23,171 0
Loans held for investment 19,429,396 19,548,140
Less: Allowance for loan losses (154,589) (154,562)
Unamortized deferred loan fees, net (11,737) (10,720)
Loans held for investment, net 19,263,070 19,382,858
Equity securities 31,380 40,406
Federal Home Loan Bank stock 17,250 17,746
Other real estate owned, net 19,441 19,441
Affordable housing investments and alternative energy partnerships, net 330,912 315,683
Premises and equipment, net 90,454 91,097
Customers’ liability on acceptances 17,074 3,264
Accrued interest receivable 97,937 97,673
Goodwill 375,696 375,696
Other intangible assets, net 4,131 4,461
Right-of-use assets - operating leases 31,698 32,076
Other assets 273,487 267,762
Total assets 23,404,803 23,081,534
Deposits:    
Non-interest-bearing 3,289,539 3,529,018
Interest-bearing:    
NOW deposits 2,331,486 2,370,685
Money market deposits 3,117,557 3,049,754
Savings deposits 1,039,144 1,039,203
Time deposits 10,068,533 9,336,787
Total deposits 19,846,259 19,325,447
Advances from the Federal Home Loan Bank 265,000 540,000
Other borrowings of affordable housing investments 17,557 15,787
Long-term debt 119,136 119,136
Acceptances outstanding 17,074 3,264
Lease liabilities - operating leases 34,325 34,797
Other liabilities 327,380 306,528
Total liabilities 20,626,731 20,344,959
Commitments and contingencies
Stockholders’ Equity    
Common stock, $0.01 par value, 100,000,000 shares authorized; 91,411,744 issued and 72,688,191 outstanding at March 31, 2024, and 91,392,480 issued and 72,668,927 outstanding at December 31, 2023 914 914
Additional paid-in-capital 989,578 987,953
Accumulated other comprehensive loss, net (92,279) (85,416)
Retained earnings 2,547,068 2,500,341
Treasury stock, at cost (18,723,553 shares at March 31, 2024, and 18,723,553 shares at December 31, 2023) (667,209) (667,217)
Total stockholders' equity 2,778,072 2,736,575
Total liabilities and stockholders' equity $ 23,404,803 $ 23,081,534