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$987.58M
Net Interest Income
$268.35M
Net Income
60.7%
Efficiency Ratio
2.82%
Net Int. Margin
8.8%
ROE
Financial Statements Annual (10-K)
Showing 10 of 15 annual reports available (2011 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Interest Income $1.79B $1.79B $1.93B $1.86B $1.23B $959.45M $1.07B $1.28B $1.45B $1.20B $1.06B
Interest Expense $805.21M $805.21M $1.01B $983.78M $317.49M $163.76M $315.85M $529.09M $399.05M $254.19M $188.83M
Net Interest Income $987.58M $987.58M $914.27M $873.80M $912.96M $795.69M $751.76M $752.78M $1.05B $950.27M $870.38M
Provision for Credit Losses $68.35M $68.35M $58.99M $78.92M $75.15M $-67.12M $178.43M $8.90M - - -
Net Interest Income After Provision $919.64M $919.64M $859.19M $786.20M $837.81M $862.81M $573.33M $743.88M $1.02B $881.52M $819.47M
Non-Interest Income $105.64M $105.64M $99.16M $86.84M $77.64M $134.15M $133.22M $147.20M $132.02M $157.90M $106.42M
Service Charges & Fees - - - - - - - - $14.04M $20.86M $19.46M
Non-Interest Expense $663.53M $663.53M $642.00M $635.95M $540.31M $547.58M $457.19M $487.09M $740.54M $634.97M $590.45M
Compensation & Benefits $341.05M $341.05M $315.60M $280.74M $265.55M $243.53M $217.16M $235.33M $255.00M $237.82M $223.01M
Occupancy Expense $43.97M $43.97M $45.56M $43.34M $45.40M $47.94M $48.24M $56.17M $55.90M $75.39M $76.00M
Professional Fees - - $17.11M $14.18M $11.73M $14.39M $11.71M $20.35M $16.54M $23.68M $14.25M
Other Non-Interest Expense $146.62M $146.62M $118.48M $106.50M $72.14M $56.92M $50.72M $58.44M $57.20M $50.62M $53.36M
Income Before Tax $361.75M $361.75M $316.35M $237.08M $375.13M $449.38M $249.36M $404.00M - - -
Income Tax Expense $93.39M $93.39M $83.88M $58.41M $90.16M $34.40M $51.51M $90.90M $90.78M $-209.81M $109.70M
Net Income $268.35M $268.35M $232.47M $178.67M $284.97M $414.98M $197.85M $313.10M $324.87M $614.27M $225.74M
Basic EPS 3.55 3.55 3.10 2.39 3.55 4.52 2.06 3.14 3.01 5.60 2.11
Diluted EPS 3.54 3.53 3.08 2.38 3.54 4.52 2.06 3.13 2.99 5.58 2.09
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Cash & Due from Banks $11.51M $12.08M $14.95M $16.07M $19.14M $20.23M $7.70M $9.39M $35.25M $40.26M
Interest-Bearing Deposits $206.27M $479.04M $573.34M $556.58M $295.71M $377.48M $206.97M $372.68M $159.34M $35.41M
Investment Securities - AFS $9.26B $9.10B - - - - - - - -
Investment Securities - HTM - - - - - - - - $10.00M $10.00M
Allowance for Loan Losses - - $202.69M $147.95M $126.46M $257.32M $108.67M $109.93M $144.79M -
Loans & Leases (Net) $24.05B $24.07B $24.43B - - - - - - -
Premises & Equipment $61.10M $61.36M - - - - - - - -
Other Assets $809.13M $753.21M $786.89M $740.88M $634.05M $571.05M $491.50M $400.84M $664.38M $343.77M
Total Assets $35.04B $35.24B $35.76B $37.03B $35.82B $35.01B $32.87B $32.16B $30.35B $27.88B
Total Deposits $29.35B $27.87B $26.54B $27.51B $29.44B $27.50B $24.39B $23.47B $21.88B $19.49B
Long-term Debt $296.86M $683.92M - - - - - - - -
Other Liabilities $757.98M $923.17M $821.24M $750.47M $514.12M $506.17M $486.08M $392.52M $268.62M $328.68M
Total Liabilities $31.99B $32.43B $33.18B $34.59B $32.78B $32.03B $29.89B $29.24B $27.32B $25.46B
Common Stock $741.00K $747.00K $744.00K $757.00K $856.00K $931.00K $951.00K $991.00K $1.07M $1.04M
Retained Earnings $2.97B $2.80B $2.65B $2.55B $2.35B $2.01B $1.93B $1.70B $1.47B $949.68M
AOCI $-189.59M $-284.54M $-357.42M $-437.90M $-15.94M $-49.15M $-31.83M $4.87M $54.99M $41.25M
Total Stockholders Equity $3.05B $2.81B $2.58B $2.44B $3.04B $2.98B $2.98B $2.92B $3.03B $2.42B
Total Liabilities & Equity $35.04B $35.24B $35.76B $37.03B $35.82B $35.01B $32.87B $32.16B $30.35B $27.88B
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Net Income $268.35M $268.35M $232.47M $178.67M $284.97M $414.98M $197.85M $313.10M $324.87M $614.27M $225.74M
Provision for Credit Losses - $68.35M $58.99M $78.92M - - - - - - -
Depreciation & Amortization $92.40M $51.02M $60.11M $74.06M $77.62M $78.50M $72.51M - - - -
Deferred Taxes $13.13M $-5.36M $-43.93M $-46.83M $1.44M $-9.02M $-27.59M $24.53M $67.78M $57.80M $30.19M
Stock-based Compensation $35.83M $20.47M $21.57M $19.63M $25.18M $23.83M $20.37M $23.37M $23.14M $22.69M $18.03M
Net Change in Loans HFS - - - - - - $26.20M $86.57M $155.97M $142.68M $148.19M
Operating Cash Flow $508.99M $358.61M $433.78M $657.50M $1.29B $1.22B $864.17M $635.71M $824.25M $318.63M $307.17M
Purchases of Securities $6.49B $3.75B $2.42B $405.48M $2.97B $5.84B $4.21B $3.90B - - -
Sales of Securities $2.16B $1.34B $435.00M $371.78M $798.21M $2.29B $1.50B $2.98B - - -
Maturities of Securities $4.10B $2.31B $1.95B $1.04B $1.78B $2.59B $1.35B $1.37B $1.53B $1.26B $724.67M
Net Change in Loans - - - - - - - $-477.81M $-404.77M $672.34M $1.39B
Investing Cash Flow $142.91M $-214.43M $409.71M $980.57M $-2.12B $-1.64B $-2.62B $-1.08B $-2.04B $-2.45B $-3.83B
Net Change in Deposits $2.46B $1.49B $1.33B $-970.86M $-1.93B $1.94B $3.10B $920.37M $1.60B $2.39B $2.55B
Long-term Debt Issued - - - - - - - - - - -
Common Stock Repurchased - $44.80M - $55.15M $401.29M $318.50M $100.97M $154.03M $299.97M - -
Dividends Paid $159.43M $91.90M $85.51M $79.09M $79.44M $85.79M $86.52M $84.08M $91.31M $91.63M $89.82M
Financing Cash Flow $-662.43M $-417.52M $-940.66M $-1.62B $1.08B $334.87M $1.94B $272.39M $1.40B $1.88B $3.70B
Net Change in Cash $-10.53M $-273.33M $-97.17M $15.64M $257.79M $-82.86M $183.04M $-167.40M $187.49M - -
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $5.39M $5.02M $15.95M $15.24M
Interest Expense $202.81M $258.23M $636.07M $794.04M
Income Before Tax $97.93M $83.19M $271.91M $223.36M
Income Tax Expense $26.08M $21.73M $72.81M $60.19M
Net Income $71.85M $61.45M $199.09M $163.16M
Basic EPS 0.96 0.82 2.65 2.19
Diluted EPS 0.95 0.81 2.63 2.17
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $559.50M $491.12M
Total Assets $35.08B $35.24B
Long-term Debt $320.43M $708.55M
Total Liabilities $32.04B $32.43B
Common Stock $752.00K $747.00K
Retained Earnings $2.93B $2.80B
Total Stockholders Equity $3.03B $2.81B
Total Liabilities & Equity $35.08B $35.24B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $71.85M $61.45M $199.09M $163.16M
Depreciation & Amortization - - $39.90M $46.32M
Stock-based Compensation - - $14.91M $15.99M
Deferred Income Tax - - $780.00K $-37.17M
Operating Cash Flow - - $233.72M $248.25M
Sales of Investments - - $1.55B $1.35B
Investing Cash Flow - - $338.43M $280.37M
Dividends Paid - - $68.62M $63.87M
Financing Cash Flow - - $-503.76M $-227.03M
Net Change in Cash - - $68.39M $301.58M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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