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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
INTEREST INCOME      
Interest and fees on loans and leases $ 2,320,364 $ 2,113,615 $ 1,050,258
Interest and dividends on investment securities:      
Taxable 305,173 276,841 72,264
Exempt from federal income tax 27,515 24,109 5,351
Dividends 11,961 13,103 438
Interest on temporary investments and interest-bearing deposits 90,227 111,659 19,706
Total interest income 2,755,240 2,539,327 1,148,017
INTEREST EXPENSE      
Interest on deposits 802,806 461,654 48,195
Interest on securities sold under agreement to repurchase and federal funds purchased 4,873 3,923 997
Interest on borrowings 190,241 242,914 8,920
Interest on junior and other subordinated debentures 38,918 37,665 19,889
Total interest expense 1,036,838 746,156 78,001
Net interest income 1,718,402 1,793,171 1,070,016
PROVISION FOR CREDIT LOSSES  105,924 213,199 84,016
Net interest income after provision for credit losses 1,612,478 1,579,972 986,000
NON-INTEREST INCOME      
Revenue from contract with customer 148,814 134,259 85,825
Residential mortgage banking revenue, net 24,108 16,789 106,859
Gain on sale of debt securities, net 24 13 2
(Loss) gain on equity securities, net (392) 2,300 (7,099)
(Loss) gain on loan and lease sales, net (2,853) 4,414 6,696
Bank-owned life insurance income 18,760 15,624 8,253
Noninterest Income, Other Operating Income 22,505 30,528 (1,008)
Total non-interest income 210,966 203,927 199,528
NON-INTEREST EXPENSE      
Salaries and employee benefits 588,830 616,103 441,226
Occupancy and equipment, net 182,372 183,480 138,451
Communications 13,871 16,252 10,429
Marketing 11,036 11,399 6,540
Services 57,614 57,641 51,323
FDIC assessments 41,577 71,402 13,964
Intangible amortization 119,431 111,296 4,095
Merger and restructuring expense 23,713 171,659 17,356
Other expenses 66,250 73,468 51,566
Total non-interest expense 1,104,694 1,312,700 734,950
Income before provision for income taxes 718,750 471,199 450,578
Provision for income taxes 185,075 122,484 113,826
Net income $ 533,675 $ 348,715 $ 336,752
Earnings per common share (1):      
Basic (in dollars per share) $ 2.56 $ 1.79 $ 2.60 [1]
Diluted (in dollars per share) $ 2.55 $ 1.78 $ 2.60 [1]
Weighted average number of common shares outstanding (1):      
Basic (in shares) 208,463 195,304 129,277 [1]
Diluted (in shares) 209,337 195,871 129,732 [1]
Service charges on deposits      
NON-INTEREST INCOME      
Revenue from contract with customer $ 71,517 $ 65,525 $ 48,365
Card-based Fees      
NON-INTEREST INCOME      
Revenue from contract with customer 57,089 55,263 37,370
Financial services and trust revenue      
NON-INTEREST INCOME      
Revenue from contract with customer $ 20,208 $ 13,471 $ 90
[1] Periods prior to February 28, 2023 were restated in 2023 as a result of the adjustment to common shares outstanding based on the exchange ratio from the Merger of 0.5958.