v3.25.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets    
Cash and due from banks and restricted cash $ 53,478 $ 63,562
Interest earning deposits with banks 409,444 519,853
Other short-term investments 7,233 6,944
Cash and cash equivalents 470,155 590,359
Securities    
Debt securities available for sale 2,024,883 1,437,170
Equity securities with readily determinable fair value not held for trading 2,548 2,477
Federal Reserve Bank and Federal Home Loan Bank stock 57,138 58,278
Securities 2,084,569 1,497,925
Loans held for sale, at lower of cost or fair value 80,912 0
Mortgage loans held for sale, at fair value 2,932 42,911
Loans held for investment, gross 6,613,391 7,228,411
Less: allowance for credit losses 79,276 84,963
Loans held for investment, net 6,534,115 7,143,448
Bank owned life insurance 260,644 243,547
Deferred tax assets, net 35,566 53,543
Operating lease right-of-use assets 110,588 100,028
Goodwill 19,193 19,193
Accrued interest receivable and other assets 178,344 210,780
Total assets 9,777,018 9,901,734
Deposits    
Noninterest bearing demand 1,573,301 1,504,755
Interest bearing demand, savings and money market deposits 4,217,594 4,115,395
Time 1,996,039 2,234,445
Total deposits 7,786,934 7,854,595
Advances from the Federal Home Loan Bank 711,984 745,000
Senior notes 0 59,843
Subordinated notes 29,795 29,624
Junior subordinated debentures held by trust subsidiaries 64,178 64,178
Operating lease liabilities 117,456 106,071
Accounts payable, accrued liabilities and other liabilities 127,869 151,956
Total liabilities 8,838,216 9,011,267
Commitments and Contingencies (Note 19)
Stockholders’ equity    
Class A common stock, $0.10 par value, 250 million shares authorized; 40,595,273 shares issued and outstanding (42,127,316 shares issued and outstanding at December 31, 2024) 4,058 4,214
Additional paid in capital 316,067 343,828
Retained earnings 619,552 582,231
Accumulated other comprehensive loss (875) (39,806)
Total stockholders' equity 938,802 890,467
Total liabilities and stockholders' equity $ 9,777,018 $ 9,901,734

Source