Annual report [Section 13 and 15(d), not S-K Item 405]

CONSOLIDATED BALANCE SHEETS

v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Cash and cash equivalents:    
Cash and due from banks $ 234,257 $ 196,435
Interest-bearing deposits in other banks 706,014 153,695
Federal funds sold 26,191 3,944
Total cash and cash equivalents 966,462 354,074
Securities available for sale, at fair value 4,194,301 2,442,166
Securities held to maturity, at carrying value 884,216 803,851
Restricted stock, at cost 190,200 102,954
Loans held for sale 18,486 9,420
Loans held for investment, net of unearned income 27,796,167 18,470,621
Less: allowance for loan and lease losses 295,108 178,644
Total loans held for investment, net 27,501,059 18,291,977
Premises and equipment, net 166,752 112,704
Goodwill 1,733,287 1,214,053
Amortizable intangibles, net 315,544 84,563
Bank owned life insurance 672,890 493,396
Other assets 942,557 676,165
Total assets 37,585,754 24,585,323
LIABILITIES    
Noninterest-bearing demand deposits 6,844,629 4,277,048
Interest-bearing deposits 23,627,007 16,120,571
Total deposits 30,471,636 20,397,619
Securities sold under agreements to repurchase 75,432 56,275
Other short-term borrowings 650,000 60,000
Long-term borrowings 771,860 418,303
Other liabilities 610,428 510,247
Total liabilities 32,579,356 21,442,444
STOCKHOLDERS' EQUITY    
Preferred stock, $10.00 par value 173 173
Common stock, $1.33 par value 188,563 118,519
Additional paid-in capital 3,888,841 2,280,547
Retained earnings 1,184,908 1,103,326
Accumulated other comprehensive loss (256,087) (359,686)
Total stockholders' equity 5,006,398 3,142,879
Total liabilities and stockholders' equity $ 37,585,754 $ 24,585,323
Common shares outstanding 141,776,886 89,770,231
Common shares authorized 200,000,000 200,000,000
Preferred shares outstanding 17,250 17,250
Preferred shares authorized 500,000 500,000