Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Cash and cash equivalents:    
Cash and due from banks $ 233,526 $ 216,384
Interest-bearing deposits in other banks 159,718 102,107
Federal funds sold 5,701 1,457
Total cash and cash equivalents 398,945 319,948
Securities available for sale, at fair value 2,084,928 2,741,816
Securities held to maturity, at carrying value 843,269 847,732
Restricted stock, at cost 104,785 120,213
Loans held for sale 6,608 3,936
Loans held for investment, net of deferred fees and costs 15,283,620 14,449,142
Less allowance for loan and lease losses 125,627 110,768
Total loans held for investment, net 15,157,993 14,338,374
Premises and equipment, net 94,510 118,243
Goodwill 925,211 925,211
Amortizable intangibles, net 21,277 26,761
Bank owned life insurance 449,452 440,656
Other assets 649,258 578,248
Total assets 20,736,236 20,461,138
LIABILITIES    
Noninterest-bearing demand deposits 4,144,949 4,883,239
Interest-bearing deposits 12,641,556 11,048,438
Total deposits 16,786,505 15,931,677
Securities sold under agreements to repurchase 134,936 142,837
Other short-term borrowings 495,000 1,176,000
Long-term borrowings 390,733 389,863
Other liabilities 540,261 448,024
Total liabilities 18,347,435 18,088,401
Commitments and contingencies
STOCKHOLDERS' EQUITY    
Preferred stock, $10.00 par value 173 173
Common stock, $1.33 par value 99,120 98,873
Additional paid-in capital 1,779,281 1,772,440
Retained earnings 988,133 919,537
Accumulated other comprehensive loss (477,906) (418,286)
Total stockholders' equity 2,388,801 2,372,737
Total liabilities and stockholders' equity $ 20,736,236 $ 20,461,138
Common shares outstanding 74,997,132 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