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Segment Reporting (Tables) | 12 Months Ended
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Dec. 31, 2024
Segment Reporting [Abstract] |
Summary of Balance Sheet Information by Segment | The following table presents certain balance sheet financial information for the Company’s reportable segments:
| At December 31, 2024
(In thousands) | Commercial Banking | Healthcare Financial Services | Consumer Banking |  |  | Corporate and Reconciling | Consolidated Total
Goodwill (1) | $ | 1,960,363 |  | $ | 285,670 |  | $ | 622,035 |  |  |  | $ | — |  | $ | 2,868,068 |
Total assets | 43,010,580 |  | 488,194 |  | 12,932,260 |  |  |  | 22,594,039 |  | 79,025,073 |
| At December 31, 2023
(In thousands) | Commercial Banking | Healthcare Financial Services | Consumer Banking |  |  | Corporate and Reconciling | Consolidated Total
Goodwill (2) | $ | 1,951,945 |  | $ | 57,485 |  | $ | 622,035 |  |  |  | $ | — |  | $ | 2,631,465 |
Total assets | 41,843,297 |  | 122,421 |  | 12,327,403 |  |  |  | 20,652,128 |  | 74,945,249 |
(1)The allocation of the purchase price for the Ametros acquisition was considered final at December 31, 2024. The $228.2 million of goodwill recorded related to Ametros was allocated entirely to Healthcare Financial Services. (2)The allocation of the purchase price for the interLINK acquisition was considered final at June 30, 2023. The $143.2 million of goodwill recorded related to interLINK was allocated entirely to Commercial Banking. The following tables present certain income statement information for the Company’s reportable segments:
| Year ended December 31, 2024
(In thousands) | Commercial Banking | Healthcare Financial Services | Consumer Banking |  | Totals |  |
Net interest income | $ | 1,348,346 |  | $ | 366,927 |  | $ | 812,743 |  |  | $ | 2,528,016 |  |  |
Non-interest income | 143,104 |  | 110,207 |  | 113,638 |  |  | 366,949 |  |  |
Total segment revenues | 1,491,450 |  | 477,134 |  | 926,381 |  |  | 2,894,965 |  |  |
Reconciliation of revenue: |  |  |  |  |  |  |
Corporate and reconciling |  |  |  |  | (304,679) |  |  |
Total consolidated revenues |  |  |  |  | 2,590,286 |  |  |
Less: |  |  |  |  |  |  |
Compensation and benefits | 199,545 |  | 90,166 |  | 146,428 |  |  |  |  |
Occupancy (1) | — |  | — |  | 56,102 |  |  |  |  |
Technology and equipment (1) | 8,153 |  | 33,010 |  | 11,087 |  |  |  |  |
Marketing | — |  | — |  | 7,835 |  |  |  |  |
Other segment items (2) (3) | 210,769 |  | 90,913 |  | 249,950 |  |  |  |  |
Segment pre-tax, pre-provision net revenue | 1,072,983 |  | 263,045 |  | 454,979 |  |  | 1,791,007 |  |  |
Reconciliation of pre-tax, pre-provision net revenue: |  |  |  |  |  |  |
Corporate and reconciling |  |  |  |  | (552,000) |  |  |
Total consolidated pre-tax, pre-provision net revenue |  |  |  |  | 1,239,007 |  |  |
Total consolidated provision for credit losses |  |  |  |  | 222,000 |  |  |
Total consolidated income before income taxes |  |  |  |  | 1,017,007 |  |  |
(1)Occupancy and Technology and equipment include, in aggregate, depreciation expense of $0.2 million for Commercial Banking, $5.5 million for Healthcare Financial Services, and $9.5 million for Consumer Banking. (2)Other segment items for each reportable segment includes: •Commercial Banking--occupancy, marketing, outside professional services, loan workout expense, foreclosed property expense, other non-interest expense, allocated net operating costs, and allocated total support costs. •Healthcare Financial Services--occupancy, marketing, outside professional services, other non-interest expense, allocated net operating costs, and allocated total support costs. •Consumer Banking--outside professional services, loan workout expense, foreclosed property expense, other-non interest expense, allocated net operating costs, and allocated total support costs. (3)Intangible assets amortization, which is a component of other non-interest expense presented in other segment items, was $9.3 million for Commercial Banking, $13.4 million for Healthcare Financial Services, and $8.3 million for Consumer Banking.
| Year ended December 31, 2023
(In thousands) | Commercial Banking | Healthcare Financial Services | Consumer Banking |  | Totals |  |
Net interest income | $ | 1,436,616 |  | $ | 302,856 |  | $ | 898,898 |  |  | $ | 2,638,370 |  |  |
Non-interest income | 125,265 |  | 88,113 |  | 114,851 |  |  | 328,229 |  |  |
Total segment revenues | 1,561,881 |  | 390,969 |  | 1,013,749 |  |  | 2,966,599 |  |  |
Reconciliation of revenue: |  |  |  |  |  |  |
Corporate and reconciling |  |  |  |  | (314,993) |  |  |
Total consolidated revenues |  |  |  |  | 2,651,606 |  |  |
Less: |  |  |  |  |  |  |
Compensation and benefits | 178,289 |  | 84,072 |  | 139,203 |  |  |  |  |
Occupancy (1) | — |  | — |  | 57,289 |  |  |  |  |
Technology and equipment (1) | 7,944 |  | 27,860 |  | 9,998 |  |  |  |  |
Marketing | — |  | — |  | 6,736 |  |  |  |  |
Other segment items (2) (3) | 208,709 |  | 56,228 |  | 256,403 |  |  |  |  |
Segment pre-tax, pre-provision net revenue | 1,166,939 |  | 222,809 |  | 544,120 |  |  | 1,933,868 |  |  |
Reconciliation of pre-tax, pre-provision net revenue: |  |  |  |  |  |  |
Corporate and reconciling |  |  |  |  | (698,617) |  |  |
Total consolidated pre-tax, pre-provision net revenue |  |  |  |  | 1,235,251 |  |  |
Total consolidated provision for credit losses |  |  |  |  | 150,747 |  |  |
Total consolidated income before income taxes |  |  |  |  | 1,084,504 |  |  |
(1)Occupancy and Technology and equipment include, in aggregate, depreciation expense of $0.4 million for Commercial Banking, $4.5 million for Healthcare Financial Services, and $8.9 million for Consumer Banking. (2)Other segment items for each reportable segment includes: •Commercial Banking--occupancy, marketing, outside professional services, loan workout expense, foreclosed property expense, other non-interest expense, allocated net operating costs, and allocated total support costs. •Healthcare Financial Services--occupancy, marketing, outside professional services, other non-interest expense, allocated net operating costs, and allocated total support costs. •Consumer Banking--outside professional services, loan workout expense, foreclosed property expense, other-non interest expense, allocated net operating costs, and allocated total support costs. (3)Intangible assets amortization, which is a component of other non-interest expense presented in other segment items, was $16.0 million for Commercial Banking, $4.7 million for Healthcare Financial Services, and $9.7 million for Consumer Banking.
| Year ended December 31, 2022
(In thousands) | Commercial Banking | Healthcare Financial Services | Consumer Banking |  | Totals |  |
Net interest income | $ | 1,252,306 |  | $ | 218,149 |  | $ | 814,867 |  |  | $ | 2,285,322 |  |  |
Non-interest income | 164,044 |  | 104,586 |  | 127,084 |  |  | 395,714 |  |  |
Total segment revenues | 1,416,350 |  | 322,735 |  | 941,951 |  |  | 2,681,036 |  |  |
Reconciliation of revenue: |  |  |  |  |  |  |
Corporate and reconciling |  |  |  |  | (205,967) |  |  |
Total consolidated revenues |  |  |  |  | 2,475,069 |  |  |
Less: |  |  |  |  |  |  |
Compensation and benefits | 156,818 |  | 73,764 |  | 134,284 |  |  |  |  |
Occupancy (1) | — |  | — |  | 55,393 |  |  |  |  |
Technology and equipment (1) | 6,928 |  | 23,463 |  | 8,052 |  |  |  |  |
Marketing | — |  | — |  | 3,916 |  |  |  |  |
Other segment items (2) (3) | 199,097 |  | 54,102 |  | 259,745 |  |  |  |  |
Segment pre-tax, pre-provision net revenue | 1,053,507 |  | 171,406 |  | 480,561 |  |  | 1,705,474 |  |  |
Reconciliation of pre-tax, pre-provision net revenue: |  |  |  |  |  |  |
Corporate and reconciling |  |  |  |  | (626,878) |  |  |
Total consolidated pre-tax, pre-provision net revenue |  |  |  |  | 1,078,596 |  |  |
Total consolidated provision for credit losses |  |  |  |  | 280,619 |  |  |
Total consolidated income before income taxes |  |  |  |  | 797,977 |  |  |
(1)Occupancy and Technology and equipment include, in aggregate, depreciation expense of $0.5 million for Commercial Banking, $2.9 million for Healthcare Financial Services, and $7.4 million for Consumer Banking. (2)Other segment items for each reportable segment includes: •Commercial Banking--occupancy, marketing, outside professional services, loan workout expense, foreclosed property expense, other non-interest expense, allocated net operating costs, and allocated total support costs. •Healthcare Financial Services--occupancy, marketing, outside professional services, other non-interest expense, allocated net operating costs, and allocated total support costs. •Consumer Banking--outside professional services, loan workout expense, foreclosed property expense, other-non interest expense, allocated net operating costs, and allocated total support costs. (3)Intangible assets amortization, which is a component of other non-interest expense presented in other segment items, was $16.9 million for Commercial Banking, $4.8 million for Healthcare Financial Services, and $10.3 million for Consumer Banking.

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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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