XML 32 R25.htm IDEA: XBRL DOCUMENT v3.25.3

Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2025

Accounting Policies [Abstract]

Summary of Cash and Cash Equivalents

This table provides a summary of cash and cash equivalents as presented on the Consolidated Statements of Cash Flows as of September 30, 2025 and September 30, 2024 (in thousands):

		September 30,
		2025				2024
Due from the FRB		$	7,768,405			$	6,498,695
Cash and due from banks			1,073,005				778,069
Cash and cash equivalents at end of period		$	8,841,410			$	7,276,764

Summary of Amounts Used in Determination of Basic and Diluted Net Income Per Common Share

The following table provides the amounts used in the determination of basic and diluted net income per common share for the three and nine months ended September 30, 2025 and 2024 (in thousands, except share and per share data):

		Three Months Ended September 30,								Nine Months Ended September 30,
		2025				2024				2025				2024
Net income		$	188,316			$	109,643			$	487,043			$	321,246
Less: Preferred dividends			7,944				—				11,969				—
Net income available to common shareholders		$	180,372			$	109,643			$	475,074			$	321,246
Weighted average common shares outstanding for basic earnings per share			75,943,943				48,775,072				72,349,952				48,727,914
Assumed incremental common shares issued upon vesting of outstanding restricted stock units			422,875				303,425				394,337				265,667
Weighted average common shares for diluted earnings per share			76,366,818				49,078,497				72,744,289				48,993,581
Net income per common share – basic		$	2.38			$	2.25			$	6.57			$	6.59
Net income per common share – diluted			2.36				2.23				6.53				6.56
Number of antidilutive restricted stock units excluded from diluted earnings per share computation			—				—				—				—
Number of antidilutive stock options excluded from diluted earnings per share computation			—				—				4,962				—

X

- References

No definition available.

+ Details

Name:	us-gaap_AccountingPoliciesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of cash and cash equivalents.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfCashAndCashEquivalentsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

+ Details

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration