Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Cash and cash equivalents:    
Cash and due from banks $ 199,778 $ 216,384
Interest-bearing deposits in other banks 227,015 102,107
Federal funds sold 1,474 1,457
Total cash and cash equivalents 428,267 319,948
Securities available for sale, at fair value 2,182,448 2,741,816
Securities held to maturity, at carrying value 849,610 847,732
Restricted stock, at cost 111,178 120,213
Loans held for sale 10,327 3,936
Loans held for investment, net of deferred fees and costs 15,066,930 14,449,142
Less allowance for loan and lease losses 120,683 110,768
Total loans held for investment, net 14,946,247 14,338,374
Premises and equipment, net 114,786 118,243
Goodwill 925,211 925,211
Amortizable intangibles, net 23,469 26,761
Bank owned life insurance 446,441 440,656
Other assets 564,348 578,248
Total assets 20,602,332 20,461,138
LIABILITIES    
Noninterest-bearing demand deposits 4,310,306 4,883,239
Interest-bearing deposits 12,101,681 11,048,438
Total deposits 16,411,987 15,931,677
Securities sold under agreements to repurchase 130,461 142,837
Other short-term borrowings 799,400 1,176,000
Long-term borrowings 390,440 389,863
Other liabilities 445,574 448,024
Total liabilities 18,177,862 18,088,401
Commitments and contingencies
STOCKHOLDERS' EQUITY    
Preferred stock, $10.00 par value 173 173
Common stock, $1.33 par value 99,088 98,873
Additional paid-in capital 1,776,494 1,772,440
Retained earnings 959,582 919,537
Accumulated other comprehensive loss (410,867) (418,286)
Total stockholders' equity 2,424,470 2,372,737
Total liabilities and stockholders' equity $ 20,602,332 $ 20,461,138
Common shares outstanding 74,998,075 74,712,622
Common shares authorized 200,000,000 200,000,000
Preferred shares outstanding 17,250 17,250
Preferred shares authorized 500,000 500,000