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Income Taxes (Tables)

12 Months Ended

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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