Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Cash and cash equivalents:    
Cash and due from banks $ 232,222 $ 196,754
Interest-bearing deposits in other banks 291,163 167,601
Federal funds sold 4,685 13,776
Total cash and cash equivalents 528,070 378,131
Securities available for sale, at fair value 2,608,182 2,231,261
Securities held to maturity, at carrying value 807,080 837,378
Restricted stock, at cost 117,881 115,472
Loans held for sale 11,078 6,710
Loans held for investment, net of deferred fees and costs 18,337,299 15,635,043
Less: allowance for loan and lease losses 160,685 132,182
Total loans held for investment, net 18,176,614 15,502,861
Premises and equipment, net 115,093 90,959
Goodwill 1,212,710 925,211
Amortizable intangibles, net 90,176 19,183
Bank owned life insurance 489,759 452,565
Other assets 647,080 606,466
Total assets 24,803,723 21,166,197
LIABILITIES    
Noninterest-bearing demand deposits 4,422,909 3,963,181
Interest-bearing deposits 15,882,378 12,854,948
Total deposits 20,305,287 16,818,129
Securities sold under agreements to repurchase 59,227 110,833
Other short-term borrowings 375,000 810,000
Long-term borrowings 417,937 391,025
Other liabilities 463,856 479,883
Total liabilities 21,621,307 18,609,870
Commitments and contingencies
STOCKHOLDERS' EQUITY    
Preferred stock, $10.00 par value 173 173
Common stock, $1.33 par value 118,494 99,147
Additional paid-in capital 2,277,024 1,782,286
Retained earnings 1,079,032 1,018,070
Accumulated other comprehensive loss (292,307) (343,349)
Total stockholders' equity 3,182,416 2,556,327
Total liabilities and stockholders' equity $ 24,803,723 $ 21,166,197
Common shares outstanding 89,774,392 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