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Accumulated Other Comprehensive Income or Loss and Earnings Per Share (Tables) | 3 Months Ended
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Mar. 31, 2025
Equity [Abstract] |
Schedule of Components of Other Comprehensive Income or Loss | The following tables summarize the components of other comprehensive income or loss, including the related income tax effects, and the related amount reclassified to net income for the periods presented:
(In thousands) | Accumulated Unrealized (Losses) Gains on Securities |  | Accumulated Unrealized Gains (Losses) on Derivative Instruments |  | Accumulated Foreign Currency Translation Adjustments |  | Total Accumulated Other Comprehensive (Loss) Income
Balance at January 1, 2025 | $ | (429,580) |  |  | $ | (11,227) |  |  | $ | (67,528) |  |  | $ | (508,335) |
Other comprehensive income (loss) during the period, net of tax, before reclassifications | 55,371 |  |  | 38,722 |  |  | (240) |  |  | 93,853 |
Amount reclassified from accumulated other comprehensive income or loss into net income, net of tax | 223 |  |  | 4,252 |  |  | — |  |  | 4,475 |
Amount reclassified from accumulated other comprehensive income or loss related to amortization of unrealized losses on investment securities transferred to held-to-maturity from available-for-sale, net of tax | (8) |  |  | — |  |  | — |  |  | (8) |
Net other comprehensive income (loss) during the period, net of tax | $ | 55,586 |  |  | $ | 42,974 |  |  | $ | (240) |  |  | $ | 98,320 |
Balance at March 31, 2025 | $ | (373,994) |  |  | $ | 31,747 |  |  | $ | (67,768) |  |  | $ | (410,015) |
Balance at January 1, 2024 | $ | (350,697) |  |  | $ | 32,049 |  |  | $ | (42,583) |  |  | $ | (361,231) |
Other comprehensive loss during the period, net of tax, before reclassifications | (57,287) |  |  | (74,954) |  |  | (6,234) |  |  | (138,475) |
Amount reclassified from accumulated other comprehensive income or loss into net income, net of tax | 19 |  |  | 14,576 |  |  | — |  |  | 14,595 |
Amount reclassified from accumulated other comprehensive income or loss related to amortization of unrealized losses on investment securities transferred to held-to-maturity from available-for-sale, net of tax | (37) |  |  | — |  |  | — |  |  | (37) |
Net other comprehensive loss during the period, net of tax | $ | (57,305) |  |  | $ | (60,378) |  |  | $ | (6,234) |  |  | $ | (123,917) |
Balance at March 31, 2024 | $ | (408,002) |  |  | $ | (28,329) |  |  | $ | (48,817) |  |  | $ | (485,148) |
Schedule of Other Comprehensive Income Reclassified from AOCI |
(In thousands) |  | Amount Reclassified from Accumulated Other Comprehensive Income or Loss for the |  |
Details Regarding the Component of Accumulated Other Comprehensive Income or Loss |  | Three Months Ended |  | Impacted Line on the Consolidated Statements of Income
| March 31, |
| 2025 |  | 2024 |
Accumulated unrealized losses on securities |  |  |  |
Losses included in net income |  | $ | (301) |  |  | $ | (26) |  |  | Gains on investment securities, net
|  | (301) |  |  | (26) |  |  | Income before taxes
Tax effect |  | 78 |  |  | 7 |  |  | Income tax expense
Net of tax |  | $ | (223) |  |  | $ | (19) |  |  | Net income
Accumulated unrealized losses on derivative instruments |  |  |  |  |  |
Amount reclassified to interest income on loans |  | $ | 9,071 |  |  | $ | 24,475 |  |  | Interest on Loans
Amount reclassified to interest expense on deposits |  | (3,325) |  |  | (4,657) |  |  | Interest on deposits
|  | (5,746) |  |  | (19,818) |  |  | Income before taxes
Tax effect |  | 1,494 |  |  | 5,242 |  |  | Income tax expense
Net of tax |  | $ | (4,252) |  |  | $ | (14,576) |  |  | Net income
Schedule of Computation of Basic and Diluted Earnings Per Common Share | The following table shows the computation of basic and diluted earnings per share for the periods indicated:
|  |  | Three Months Ended
(Dollars in thousands, except per share data) |  |  | March 31, 2025 |  | March 31, 2024
Net income |  |  | $ | 189,039 |  |  | $ | 187,294 |
Less: Preferred stock dividends |  |  | 6,991 |  |  | 6,991 |
Net income applicable to common shares | (A) |  | $ | 182,048 |  |  | $ | 180,303 |
Weighted average common shares outstanding | (B) |  | 66,726 |  |  | 61,481 |
Effect of dilutive potential common shares |  |  |  |  |
Common stock equivalents |  |  | 923 |  |  | 928 |
Weighted average common shares and effect of dilutive potential common shares | (C) |  | 67,649 |  |  | 62,409 |
Net income per common share: |  |  |  |  |
Basic | (A/B) |  | $ | 2.73 |  |  | $ | 2.93 |
Diluted | (A/C) |  | $ | 2.69 |  |  | $ | 2.89 |

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