Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Cash and cash equivalents:    
Cash and due from banks $ 233,065 $ 196,754
Interest-bearing deposits in other banks 207,129 167,601
Federal funds sold 5,820 13,776
Total cash and cash equivalents 446,014 378,131
Securities available for sale, at fair value 2,555,723 2,231,261
Securities held to maturity, at carrying value 810,450 837,378
Restricted stock, at cost 125,308 115,472
Loans held for sale 12,906 6,710
Loans held for investment, net of deferred fees and costs 18,347,190 15,635,043
Less: allowance for loan and lease losses 158,131 132,182
Total loans held for investment, net 18,189,059 15,502,861
Premises and equipment, net 114,987 90,959
Goodwill 1,207,484 925,211
Amortizable intangibles, net 95,980 19,183
Bank owned life insurance 489,550 452,565
Other assets 713,952 606,466
Total assets 24,761,413 21,166,197
LIABILITIES    
Noninterest-bearing demand deposits 4,527,248 3,963,181
Interest-bearing deposits 15,473,629 12,854,948
Total deposits 20,000,877 16,818,129
Securities sold under agreements to repurchase 64,585 110,833
Other short-term borrowings 725,500 810,000
Long-term borrowings 416,649 391,025
Other liabilities 510,116 479,883
Total liabilities 21,717,727 18,609,870
Commitments and contingencies
STOCKHOLDERS' EQUITY    
Preferred stock, $10.00 par value 173 173
Common stock, $1.33 par value 118,475 99,147
Additional paid-in capital 2,273,312 1,782,286
Retained earnings 1,034,313 1,018,070
Accumulated other comprehensive loss (382,587) (343,349)
Total stockholders' equity 3,043,686 2,556,327
Total liabilities and stockholders' equity $ 24,761,413 $ 21,166,197
Common shares outstanding 89,769,734 75,023,327
Common shares authorized 200,000,000 200,000,000
Preferred shares outstanding 17,250 17,250
Preferred shares authorized 500,000 500,000