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Parent Company Condensed Financial Statements (Tables) | 12 Months Ended
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Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract] |
Schedule of Condensed Balance Sheet | The following tables present the Parent Company-only condensed financial statements: CONDENSED BALANCE SHEET
|  | December 31,
($ in thousands) |  | 2024 |  | 2023
ASSETS |  |  |  |
Cash and cash equivalents due from banks |  | $ | 394,919 |  |  | $ | 445,770 |
Investments in subsidiaries: |  |  |  |
Bank |  | 7,251,084 |  |  | 6,542,852 |
Nonbank |  | 10,423 |  |  | 13,502 |
Other assets |  | 125,552 |  |  | 120,742 |
TOTAL |  | $ | 7,781,978 |  |  | $ | 7,122,866 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |
Long-term debt |  | $ | 32,001 |  |  | $ | 148,249 |
Other liabilities |  | 26,923 |  |  | 23,783 |
Stockholders’ equity |  | 7,723,054 |  |  | 6,950,834 |
TOTAL |  | $ | 7,781,978 |  |  | $ | 7,122,866 |
Schedule of Condensed Statement of Income | CONDENSED STATEMENT OF INCOME
|  | Year Ended December 31,
($ in thousands) |  | 2024 |  | 2023 |  | 2022
Dividends from subsidiaries: |  |  |  |  |  |
Bank |  | $ | 540,000 |  |  | $ | 704,000 |  |  | $ | 240,000 |
Nonbank |  | 127 |  |  | 322 |  |  | 157 |
Other investment losses |  | (954) |  |  | (2,738) |  |  | — |
Other income |  | 31 |  |  | — |  |  | — |
Total income |  | 539,204 |  |  | 701,584 |  |  | 240,157 |
Interest expense on long-term debt |  | 4,507 |  |  | 10,889 |  |  | 5,450 |
Compensation and employee benefits |  | 7,283 |  |  | 7,204 |  |  | 6,708 |
Other expense (income) (1) |  | 1,839 |  |  | (1,086) |  |  | 1,254 |
Total expense |  | 13,629 |  |  | 17,007 |  |  | 13,412 |
Income before income tax benefit and equity in undistributed income of subsidiaries |  | 525,575 |  |  | 684,577 |  |  | 226,745 |
Income tax benefit |  | 4,143 |  |  | 5,844 |  |  | 4,269 |
Undistributed earnings of subsidiaries, primarily bank |  | 635,868 |  |  | 470,740 |  |  | 897,069 |
Net income |  | $ | 1,165,586 |  |  | $ | 1,161,161 |  |  | $ | 1,128,083 |
(1)Includes $3 million and $2 million in DC Solar recoveries for the years ended December 31, 2023 and 2022, respectively.
Schedule of Condensed Statement of Cash Flows | CONDENSED STATEMENT OF CASH FLOWS
|  | Year Ended December 31,
($ in thousands) |  | 2024 |  | 2023 |  | 2022
CASH FLOWS FROM OPERATING ACTIVITIES |  |  |  |  |  |
Net income |  | $ | 1,165,586 |  |  | $ | 1,161,161 |  |  | $ | 1,128,083 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |  |
Undistributed earnings of subsidiaries, principally bank |  | (635,868) |  |  | (470,740) |  |  | (897,069) |
Deferred income tax expense (benefit) |  | 2,788 |  |  | 948 |  |  | (2,193) |
Net change in other assets |  | (6,912) |  |  | (4,160) |  |  | 4,250 |
Net change in other liabilities |  | (802) |  |  | (47) |  |  | 779 |
Other operating activities, net |  | 1,265 |  |  | 2,443 |  |  | 1,333 |
Net cash provided by operating activities |  | 526,057 |  |  | 689,605 |  |  | 235,183 |
CASH FLOWS FROM INVESTING ACTIVITIES |  |  |  |  |  |
Redemption of trust preferred securities |  | 3,558 |  |  | — |  |  | — |
Other investing activities, net |  | (494) |  |  | (95,095) |  |  | (7,390) |
Net cash provided by (used in) investing activities |  | 3,064 |  |  | (95,095) |  |  | (7,390) |
CASH FLOWS FROM FINANCING ACTIVITIES |  |  |  |  |  |
Long-term debt: |  |  |  |  |  |
Repayment of junior subordinated debt |  | (116,558) |  |  | — |  |  | — |
Common stock: |  |  |  |  |  |
Proceeds from issuance pursuant to various stock compensation plans and agreements |  | 3,023 |  |  | 3,208 |  |  | 3,178 |
Stock tendered for payment of withholding taxes |  | (14,877) |  |  | (23,751) |  |  | (19,087) |
Repurchase of common stock pursuant to the stock repurchase program |  | (143,082) |  |  | (82,174) |  |  | (99,990) |
Cash dividends paid |  | (308,478) |  |  | (274,554) |  |  | (228,381) |
Net cash used in financing activities |  | (579,972) |  |  | (377,271) |  |  | (344,280) |
Net (decrease) increase in cash and cash equivalents |  | (50,851) |  |  | 217,239 |  |  | (116,487) |
Cash and cash equivalents, beginning of year |  | 445,770 |  |  | 228,531 |  |  | 345,018 |
Cash and cash equivalents, end of year |  | $ | 394,919 |  |  | $ | 445,770 |  |  | $ | 228,531 |

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