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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2025
Income Tax Disclosure [Abstract] |
Schedule of Income Tax Expense (Benefit) | Income tax expense (benefit) for the years ended December 31, 2025, 2024 and 2023 is summarized as follows:
|  | Years Ended December 31,
(In thousands) |  | 2025 |  | 2024 |  | 2023
Current income taxes: |  |  |  |  |  |
Federal |  | $ | 174,157 |  |  | $ | 178,075 |  |  | $ | 165,518 |
State |  | 67,604 |  |  | 52,882 |  |  | 62,948 |
Foreign |  | 7,961 |  |  | 10,076 |  |  | 13,696 |
Total current income taxes |  | $ | 249,722 |  |  | $ | 241,033 |  |  | $ | 242,162 |
Deferred income taxes: |  |  |  |  |  |
Federal |  | $ | 43,997 |  |  | $ | 2,914 |  |  | $ | (8,245) |
State |  | 942 |  |  | 7,927 |  |  | (9,750) |
Foreign |  | (98) |  |  | 170 |  |  | (1,712) |
Total deferred income taxes |  | $ | 44,841 |  |  | $ | 11,011 |  |  | $ | (19,707) |
Total income tax expense |  | $ | 294,563 |  |  | $ | 252,044 |  |  | $ | 222,455 |
Schedule of Reconciliation of the Differences Between Taxes Computed Using the Statutory Federal Income Tax Rate and Actual Income Tax Expense | A reconciliation of the differences between taxes computed using the statutory Federal income tax rate and actual income tax expense is as follows:
|  | Years Ended December 31,
(Dollars in thousands) |  | 2025 |  | 2024 |  | 2023
|  | Amount |  | % |  | Amount |  | % |  | Amount |  | %
Income tax expense using the statutory Federal income tax rate of 21% on income before taxes |  | $ | 234,866 |  |  | 21.0 | % |  | $ | 198,889 |  |  | 21.0 | % |  | $ | 177,467 |  |  | 21.0 | %
Increase (decrease) from: |  |  |  |  |  |  |  |  |  |  |  |
State taxes, net of federal tax benefit (1) |  | 54,151 |  |  | 4.8 |  | 48,039 |  |  | 5.1 |  | 42,027 |  |  | 5.0
Nontaxable and nondeductible items, net: |  |  |  |  |  |  |  |  |  |  |  |
Tax-exempt interest, net of interest expense disallowance |  | (5,266) |  |  | (0.5) |  | (5,338) |  |  | (0.6) |  | (5,348) |  |  | (0.6)
Income earned on bank owned life insurance |  | (1,304) |  |  | (0.1) |  | (1,139) |  |  | (0.1) |  | (1,013) |  |  | (0.1)
Excess tax benefits on share based compensation |  | (3,179) |  |  | (0.3) |  | (3,621) |  |  | (0.4) |  | (2,314) |  |  | (0.3)
Meals, entertainment and related expenses |  | 2,900 |  |  | 0.3 |  | 2,823 |  |  | 0.3 |  | 2,439 |  |  | 0.3
FDIC insurance expense |  | 9,319 |  |  | 0.8 |  | 8,602 |  |  | 0.9 |  | 7,713 |  |  | 0.9
Non-deductible compensation expense |  | 2,822 |  |  | 0.2 |  | 2,587 |  |  | 0.3 |  | 2,147 |  |  | 0.3
Tax benefits related to tax credits, net |  | (5,820) |  |  | (0.5) |  | (4,636) |  |  | (0.5) |  | (3,950) |  |  | (0.5)
Foreign tax effects |  | 5,333 |  |  | 0.5 |  | 6,187 |  |  | 0.7 |  | 3,378 |  |  | 0.4
Other, net |  | 741 |  |  | 0.1 |  | (349) |  |  | (0.1) |  | (91) |  |  | (0.1)
Income tax expense |  | $ | 294,563 |  |  | 26.3 | % |  | $ | 252,044 |  |  | 26.6 | % |  | $ | 222,455 |  |  | 26.3 | %
(1)State taxes in Illinois made up the majority (greater than 50 percent) of the tax effect in this category.
Schedule of Deferred Tax Assets and Liabilities | The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and liabilities at December 31, 2025 and 2024 are as follows:
(In thousands) |  | 2025 |  | 2024
Deferred tax assets: |  |  |  |
Allowance for credit losses |  | $ | 119,728 |  |  | $ | 113,648 |
Net unrealized losses on securities included in other comprehensive income |  | 103,838 |  |  | 151,886 |
Right-of-use liability |  | 36,989 |  |  | 39,691 |
Deferred compensation |  | 36,670 |  |  | 34,850 |
Stock-based compensation |  | 15,571 |  |  | 14,741 |
Loans |  | 8,625 |  |  | 12,104 |
Net unrealized losses on derivatives included in other comprehensive income |  | — |  |  | 4,032 |
Federal net operating loss carryforward |  | 402 |  |  | 549 |
Other |  | 14,605 |  |  | 8,017 |
Total gross deferred tax assets |  | 336,428 |  |  | 379,518 |
Deferred tax liabilities: |  |  |  |
Equipment Leasing |  | 219,927 |  |  | 165,363 |
Capitalized servicing rights |  | 50,363 |  |  | 52,298 |
Goodwill and intangible assets |  | 39,829 |  |  | 42,733 |
Premises and equipment |  | 35,378 |  |  | 38,554 |
Right-of-use asset |  | 30,680 |  |  | 32,651 |
Net unrealized gains on derivatives included in other comprehensive income |  | 17,449 |  |  | — |
Deferred loan fees and costs |  | 10,264 |  |  | 7,889 |
Other |  | 3,076 |  |  | 2,660 |
Total gross deferred tax liabilities |  | 406,966 |  |  | 342,148 |
Net deferred tax (liabilities) assets |  | $ | (70,538) |  |  | $ | 37,370 |
Schedule of Taxes Paid | The income taxes paid by the Company for the years ended December 31, 2025, 2024 and 2023 is summarized as follows:
|  | Years Ended December 31,
(In thousands) |  | 2025 |  | 2024 |  | 2023
Federal |  | $ | 148,000 |  |  | $ | 173,000 |  |  | $ | 165,873 |
State and Local: |  |  |  |  |  |
Illinois |  | 33,378 |  |  | 30,502 |  |  | 38,002 |
All Other States |  | 33,119 |  |  | 25,373 |  |  | 26,469 |
Foreign |  | 7,915 |  |  | 23,976 |  |  | 1,309 |
Total |  | $ | 222,412 |  |  | $ | 252,851 |  |  | $ | 231,653 |

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