v3.24.2.u1

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 93,978	$ 98,396
Interest-bearing deposits in other banks	676,771	623,593
Cash and cash equivalents	770,749	721,989
Certificates of deposit held in other banks	248	248
Securities available for sale, at fair value	1,494,470	1,593,751
Securities held to maturity, net of allowance for credit losses of $0 and $0, respectively, fair value of $165,869 and $170,997, respectively	204,319	205,232
Loans held for sale (includes $8,268 and $12,016 carried at fair value, respectively)	12,012	16,420
Loans, net of allowance for credit losses of $145,323 and $151,861, respectively	14,476,500	14,558,681
Premises and equipment, net	351,694	355,833
Other real estate owned	8,685	9,490
Federal Home Loan Bank (FHLB) of Dallas stock and other restricted stock	14,253	34,915
Bank-owned life insurance (BOLI)	248,624	245,497
Deferred tax asset	84,769	92,665
Goodwill	476,021	994,021
Other intangible assets, net	44,532	50,560
Other assets	172,286	155,800
Total assets	18,359,162	19,035,102
Deposits:
Noninterest-bearing	3,378,493	3,530,704
Interest-bearing	12,464,183	12,192,331
Total deposits	15,842,676	15,723,035
FHLB advances	0	350,000
Other borrowings	427,129	271,821
Junior subordinated debentures	54,717	54,617
Other liabilities	137,557	233,036
Total liabilities	16,462,079	16,632,509
Commitments and contingencies	0	0
Stockholders’ equity:
Preferred stock (0 and 0 shares outstanding, respectively)	0	0
Common stock (41,376,169 and 41,281,919 shares outstanding, respectively)	414	413
Additional paid-in capital	1,972,019	1,966,686
Retained earnings	114,763	616,724
Accumulated other comprehensive loss	(190,113)	(181,230)
Total stockholders’ equity	1,897,083	2,402,593
Total liabilities and stockholders’ equity	$ 18,359,162	$ 19,035,102

Federal Home Loan Bank Stock And Restricted Investments

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Independent Bank Group, Inc. 10-Q