Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Cash and cash equivalents:    
Cash and due from banks $ 180,963,000 $ 172,307,000
Interest-bearing deposits in other banks 618,714,000 318,974,000
Federal funds sold 2,824,000 2,013,000
Total cash and cash equivalents 802,501,000 493,294,000
Securities available for sale, at fair value 3,481,650,000 2,540,419,000
Securities held to maturity, at carrying value 628,000,000 544,851,000
Restricted stock, at cost 76,825,000 94,782,000
Loans held for sale, at fair value 20,861,000 96,742,000
Loans held for investment, net of deferred fees and costs 13,195,843,000 14,021,314,000
Less allowance for loan and lease losses 99,787,000 160,540,000
Total loans held for investment, net 13,096,056,000 13,860,774,000
Premises and equipment, net 134,808,000 163,829,000
Goodwill 935,560,000 935,560,000
Amortizable intangibles, net 43,312,000 57,185,000
Bank owned life insurance 431,517,000 326,892,000
Other assets 413,706,000 514,121,000
Total assets 20,064,796,000 19,628,449,000
LIABILITIES    
Noninterest-bearing demand deposits 5,207,324,000 4,368,703,000
Interest-bearing deposits 11,403,744,000 11,354,062,000
Total deposits 16,611,068,000 15,722,765,000
Securities sold under agreements to repurchase 117,870,000 100,888,000
Other short-term borrowings 0 250,000,000
Long-term borrowings 388,724,000 489,829,000
Other liabilities 237,063,000 356,477,000
Total liabilities 17,354,725,000 16,919,959,000
Commitments and contingencies (Note 10)
STOCKHOLDERS' EQUITY    
Preferred stock, $10.00 par value 173,000 173,000
Common stock, $1.33 par value 100,101,000 104,169,000
Additional paid-in capital 1,807,368,000 1,917,081,000
Retained earnings 783,794,000 616,052,000
Accumulated other comprehensive income (loss) 18,635,000 71,015,000
Total stockholders' equity 2,710,071,000 2,708,490,000
Total liabilities and stockholders' equity $ 20,064,796,000 $ 19,628,449,000
Common shares outstanding 75,663,648 78,729,212
Common shares authorized 200,000,000 200,000,000
Preferred shares outstanding 17,250 17,250
Preferred shares authorized 500,000 500,000