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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Cash Flow Information
The following table summarizes supplemental disclosures of cash flow information and non-cash investing and financing activities:
Years ended December 31,
(In thousands)202420232022
Supplemental disclosure of cash flow information:
Interest paid$1,611,201 $1,248,620 $240,851 
Income taxes paid124,817 268,598 193,544 
Non-cash investing and financing activities:
Transfer of loans held for investment to foreclosed properties and repossessed assets$2,305 $10,485 $774 
Transfer of returned finance lease equipment to assets held for sale5,626 5,139 — 
Transfer of loans held for investment to loans held for sale680,159 629,172 652,855 
Transfer of loans held for sale to loans held for investment133,168 — — 
Transfer of property and equipment to assets held for sale750 — 4,800 
Deposit overdrafts reclassified as loan balances7,146 10,432 8,721 
ROU lease assets obtained in exchange for operating lease liabilities10,444 22,989 27,897 
Approved commitments to fund LIHTC investments 304,269 334,947 211,796 
Receipt of Ametros member deposits from other financial institutions285,705 — — 
Deposits assumed— — 313 
Business combinations (1):
Tangible assets acquired$256,957 $24,318 $26,937,741 
Goodwill and other intangible assets417,085 157,361 2,188,831 
Liabilities assumed (2)
299,507 7,994 24,406,001 
Forgiveness of long-term debt12,875 — — 
Pre-existing equity interest2,200 — — 
Contingent consideration— 16,039 — 
Common stock issued— — 5,041,182 
Preferred stock exchanged— — 138,942 
(1)Reflects the effects from the acquisition of Ametros during the year ended December 31, 2024, the acquisition of interLINK during the year ended December 31, 2023, and both the acquisition of Bend and merger with Sterling during the year ended December 31, 2022. In addition, the amounts for 2023 include adjustments to fair values of assets acquired and liabilities assumed related to the Bend acquisition and Sterling merger, which were recognized during the one-year measurement period.
(2)For the year ended December 31, 2024, the amount presented reflects the sum of the $293.7 million of liabilities assumed from Ametros and the $5.8 million liability assumed for the Seller’s transaction expenses, which was included as part of the purchase price consideration and paid by the Company at closing.
Schedule of Property, Plant and Equipment Depreciation and amortization is computed on a straight-line basis over the estimated useful lives of the assets, as illustrated in the following table. If shorter, leasehold improvements are amortized over the terms of the respective leases.
MinimumMaximum
Building and improvements5-40years
Leasehold improvements5-20years
Furniture, fixtures, and equipment5-10years
Data processing equipment and software3-7years
The following table summarizes the components of premises and equipment:
  
At December 31,
(In thousands)20242023
Land$73,442 $73,916 
Buildings and improvements102,062 107,794 
Leasehold improvements74,288 88,065 
Furniture, fixtures, and equipment64,651 68,680 
Data processing equipment and software103,811 94,030 
Property and equipment418,254 432,485 
Less: Accumulated depreciation and amortization(175,118)(186,365)
Property and equipment, net243,136 246,120 
ROU lease assets, net163,827 183,441 
Premises and equipment, net$406,963 $429,561