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

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Cash and cash equivalents:    
Cash and due from banks $ 196,435,000 $ 196,754,000
Interest-bearing deposits in other banks 153,695,000 167,601,000
Federal funds sold 3,944,000 13,776,000
Total cash and cash equivalents 354,074,000 378,131,000
Securities available for sale, at fair value 2,442,166,000 2,231,261,000
Securities held to maturity, at carrying value 803,851,000 837,378,000
Restricted stock, at cost 102,954,000 115,472,000
Loans held for sale 9,420,000 6,710,000
Loans held for investment, net of deferred fees and costs 18,470,621,000 15,635,043,000
Less: allowance for loan and lease losses 178,644,000 132,182,000
Total loans held for investment, net 18,291,977,000 15,502,861,000
Premises and equipment, net 112,704,000 90,959,000
Goodwill 1,214,053,000 925,211,000
Amortizable intangibles, net 84,563,000 19,183,000
Bank owned life insurance 493,396,000 452,565,000
Other assets 676,165,000 606,466,000
Total assets 24,585,323,000 21,166,197,000
LIABILITIES    
Noninterest-bearing demand deposits 4,277,048,000 3,963,181,000
Interest-bearing deposits 16,120,571,000 12,854,948,000
Total deposits 20,397,619,000 16,818,129,000
Securities sold under agreements to repurchase 56,275,000 110,833,000
Other short-term borrowings 60,000,000 810,000,000
Long-term borrowings 418,303,000 391,025,000
Other liabilities 510,247,000 479,883,000
Total liabilities 21,442,444,000 18,609,870,000
STOCKHOLDERS' EQUITY    
Preferred stock, $10.00 par value 173,000 173,000
Common stock, $1.33 par value 118,519,000 99,147,000
Additional paid-in capital 2,280,547,000 1,782,286,000
Retained earnings 1,103,326,000 1,018,070,000
Accumulated other comprehensive loss (359,686,000) (343,349,000)
Total stockholders' equity 3,142,879,000 2,556,327,000
Total liabilities and stockholders' equity $ 24,585,323,000 $ 21,166,197,000
Common shares outstanding 89,770,231 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