Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Cash and cash equivalents:    
Cash and due from banks $ 216,384,000 $ 180,963,000
Interest-bearing deposits in other banks 102,107,000 618,714,000
Federal funds sold 1,457,000 2,824,000
Total cash and cash equivalents 319,948,000 802,501,000
Securities available for sale, at fair value 2,741,816,000 3,481,650,000
Securities held to maturity, at carrying value 847,732,000 628,000,000
Restricted stock, at cost 120,213,000 76,825,000
Loans held for sale, at fair value 3,936,000 20,861,000
LHFI, net of deferred fees and costs 14,449,142,000 13,195,843,000
Less allowance for loan and lease losses 110,768,000 99,787,000
Total loans held for investment, net 14,338,374,000 13,096,056,000
Premises and equipment, net 118,243,000 134,808,000
Goodwill 925,211,000 935,560,000
Amortizable intangibles, net 26,761,000 43,312,000
Bank owned life insurance 440,656,000 431,517,000
Other assets 578,248,000 413,706,000
Total assets 20,461,138,000 20,064,796,000
LIABILITIES    
Noninterest-bearing demand deposits 4,883,239,000 5,207,324,000
Interest-bearing deposits 11,048,438,000 11,403,744,000
Total deposits 15,931,677,000 16,611,068,000
Securities sold under agreements to repurchase 142,837,000 117,870,000
Other short-term borrowings 1,176,000,000 0
Long-term borrowings 389,863,000 388,724,000
Other liabilities 448,024,000 237,063,000
Total liabilities 18,088,401,000 17,354,725,000
Commitments and contingencies
STOCKHOLDERS' EQUITY    
Preferred stock, $10.00 par value 173,000 173,000
Common stock, $1.33 par value 98,873,000 100,101,000
Additional paid-in capital 1,772,440,000 1,807,368,000
Retained earnings 919,537,000 783,794,000
Accumulated other comprehensive (loss) income (418,286,000) 18,635,000
Total stockholders' equity 2,372,737,000 2,710,071,000
Total liabilities and stockholders' equity $ 20,461,138,000 $ 20,064,796,000
Common shares outstanding 74,712,622 75,663,648
Common shares authorized 200,000,000 200,000,000
Preferred shares outstanding 17,250 17,250
Preferred shares authorized 500,000 500,000