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Business Segments (Tables) | 12 Months Ended
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Dec. 31, 2024
Segment Reporting [Abstract] |
Schedule of Operating Results and Key Financial Measures by Operating Segments | The following tables present the operating results and other key financial measures for the individual operating segments as of and for the years ended December 31, 2024, 2023 and 2022:
($ in thousands) |  | Consumer and Business Banking |  | Commercial Banking |  | Treasury and Other |  | Total
Year Ended December 31, 2024 |  |  |  |  |  |  |  |
Net interest income before provision for credit losses |  | $ | 1,152,033 |  |  | $ | 1,125,931 |  |  | $ | 752 |  |  | $ | 2,278,716 |
Noninterest income |  | 108,773 |  |  | 197,780 |  |  | 28,665 |  |  | 335,218 |
Total revenue before provision for credit losses |  | 1,260,806 |  |  | 1,323,711 |  |  | 29,417 |  |  | 2,613,934 |
Provision for (reversal of) credit losses |  | 8,691 |  |  | 166,953 |  |  | (1,644) |  |  | 174,000 |
Compensation and employee benefits |  | 217,612 |  |  | 234,240 |  |  | 98,882 |  |  | 550,734 |
Other noninterest expense (1) |  | 234,494 |  |  | 161,969 |  |  | 10,876 |  |  | 407,339 |
Total noninterest expense |  | 452,106 |  |  | 396,209 |  |  | 109,758 |  |  | 958,073 |
Segment income (loss) before income taxes |  | 800,009 |  |  | 760,549 |  |  | (78,697) |  |  | 1,481,861 |
Segment net income |  | $ | 563,218 |  |  | $ | 535,652 |  |  | $ | 66,716 |  |  | $ | 1,165,586 |
Average balances: |  |  |  |  |  |  |  |
Loans |  | $ | 18,966,662 |  |  | $ | 32,996,221 |  |  | $ | 405,897 |  |  | $ | 52,368,780 |
Deposits |  | $ | 30,815,912 |  |  | $ | 25,820,956 |  |  | $ | 3,036,171 |  |  | $ | 59,673,039 |
As of December 31, 2024 |  |  |  |  |  |  |  |
Segment assets |  | $ | 20,084,814 |  |  | $ | 35,646,939 |  |  | $ | 20,244,722 |  |  | $ | 75,976,475 |
($ in thousands) |  | Consumer and Business Banking |  | Commercial Banking |  | Treasury and Other |  | Total
Year Ended December 31, 2023 |  |  |  |  |  |  |  |
Net interest income (loss) before provision for credit losses |  | $ | 1,225,954 |  |  | $ | 1,116,013 |  |  | $ | (29,713) |  |  | $ | 2,312,254 |
Noninterest income |  | 103,890 |  |  | 168,502 |  |  | 22,872 |  |  | 295,264 |
Total revenue (loss) before provision for credit losses |  | 1,329,844 |  |  | 1,284,515 |  |  | (6,841) |  |  | 2,607,518 |
Provision for credit losses |  | 21,454 |  |  | 100,391 |  |  | 3,155 |  |  | 125,000 |
Compensation and employee benefits |  | 203,387 |  |  | 217,663 |  |  | 87,488 |  |  | 508,538 |
Other noninterest expense (1) |  | 262,086 |  |  | 158,949 |  |  | 93,175 |  |  | 514,210 |
Total noninterest expense |  | 465,473 |  |  | 376,612 |  |  | 180,663 |  |  | 1,022,748 |
Segment income (loss) before income taxes |  | 842,917 |  |  | 807,512 |  |  | (190,659) |  |  | 1,459,770 |
Segment net income (loss) |  | $ | 594,965 |  |  | $ | 570,153 |  |  | $ | (3,957) |  |  | $ | 1,161,161 |
Average balances: |  |  |  |  |  |  |  |
Loans |  | $ | 17,739,984 |  |  | $ | 31,365,547 |  |  | $ | 439,605 |  |  | $ | 49,545,136 |
Deposits |  | $ | 28,174,781 |  |  | $ | 23,304,066 |  |  | $ | 3,483,884 |  |  | $ | 54,962,731 |
As of December 31, 2023 |  |  |  |  |  |  |  |
Segment assets |  | $ | 19,165,172 |  |  | $ | 35,020,106 |  |  | $ | 15,427,606 |  |  | $ | 69,612,884 |
($ in thousands) |  | Consumer and Business Banking |  | Commercial Banking |  | Treasury and Other |  | Total
Year Ended December 31, 2022 |  |  |  |  |  |  |  |
Net interest income (loss) before provision for credit losses |  | $ | 1,061,238 |  |  | $ | 988,158 |  |  | $ | (3,515) |  |  | $ | 2,045,881 |
Noninterest income |  | 113,722 |  |  | 174,365 |  |  | 10,579 |  |  | 298,666 |
Total revenue before provision for credit losses |  | 1,174,960 |  |  | 1,162,523 |  |  | 7,064 |  |  | 2,344,547 |
Provision for (reversal of) credit losses |  | 25,983 |  |  | 48,248 |  |  | (731) |  |  | 73,500 |
Compensation and employee benefits |  | 195,394 |  |  | 211,355 |  |  | 70,886 |  |  | 477,635 |
Other noninterest expense (1) |  | 196,581 |  |  | 102,018 |  |  | 83,159 |  |  | 381,758 |
Total noninterest expense |  | 391,975 |  |  | 313,373 |  |  | 154,045 |  |  | 859,393 |
Segment income (loss) before income taxes |  | 757,002 |  |  | 800,902 |  |  | (146,250) |  |  | 1,411,654 |
Segment net income |  | $ | 537,754 |  |  | $ | 569,982 |  |  | $ | 20,347 |  |  | $ | 1,128,083 |
Average balances: |  |  |  |  |  |  |  |
Loans |  | $ | 15,534,259 |  |  | $ | 29,321,701 |  |  | $ | 463,498 |  |  | $ | 45,319,458 |
Deposits |  | $ | 27,276,151 |  |  | $ | 23,252,073 |  |  | $ | 3,771,355 |  |  | $ | 54,299,579 |
As of December 31, 2022 |  |  |  |  |  |  |  |
Segment assets |  | $ | 17,183,425 |  |  | $ | 32,770,772 |  |  | $ | 14,157,953 |  |  | $ | 64,112,150 |
(1)The Treasury and Other segment's other noninterest expense is primarily comprised of amortization of tax credit and CRA investments, and other operating expenses. The Consumer and Business Banking segment's other noninterest expense is primarily comprised of corporate overhead allocated expenses, occupancy and equipment expense, other operating expenses, and deposit insurance premiums and regulatory assessments. The Commercial Banking segment’s other noninterest expense is primarily comprised of corporate overhead allocated expenses, deposit account expense, occupancy and equipment expense, and deposit insurance premiums and regulatory assessments.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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