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Parent Company Financial Statements (Tables)
12 Months Ended
Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract]  
Schedule Of Condensed Balance Sheet
Condensed Balance Sheets
December 31, 2024 and 2023
(in thousands)December 31, 2024December 31, 2023
ASSETS
  Non-interest-bearing deposits with subsidiary bank$69,422 $45,895 
  Investments in:
    Bank subsidiary5,477,550 5,367,612 
    Non-bank subsidiaries17,384 18,951 
  Other assets10,245 7,781 
Total assets$5,574,601 $5,440,239 
LIABILITIES AND SHAREHOLDERS' EQUITY
  Payable to bank subsidiary$469 $444 
  Other liabilities17,345 20,426 
  Junior subordinated debentures, at fair value330,895 316,440 
  Junior and other subordinated debentures, at amortized cost107,668 107,895 
  Total liabilities456,377 445,205 
  Shareholders' equity5,118,224 4,995,034 
Total liabilities and shareholders' equity$5,574,601 $5,440,239 
Schedule Of Condensed Statements Of Operations
Condensed Statements of Income
Years Ended December 31, 2024, 2023, and 2022
(in thousands)202420232022
INCOME
  Dividends from bank subsidiary$360,000 $353,000 $192,000 
  Dividends from non-bank subsidiaries2,894 10,115 2,104 
  Other income816 453 127 
Total income363,710 363,568 194,231 
EXPENSE
  Management fees paid to subsidiaries1,270 1,877 1,434 
  Other expenses42,333 44,493 22,396 
Total expenses43,603 46,370 23,830 
Income before income tax benefit and equity in undistributed earnings of subsidiaries320,107 317,198 170,401 
Income tax benefit(8,884)(10,019)(4,677)
Net income before equity in undistributed earnings of subsidiaries328,991 327,217 175,078 
Equity in undistributed earnings of subsidiaries204,684 21,498 161,674 
Net income$533,675 $348,715 $336,752 
Schedule Of Condensed Statements of Cash Flows
Condensed Statements of Cash Flows
Years Ended December 31, 2024, 2023, and 2022
(in thousands)202420232022
OPERATING ACTIVITIES:
  Net income $533,675 $348,715 $336,752 
  Adjustment to reconcile net income to net cash provided by operating activities:
Equity in undistributed earnings of subsidiaries(204,684)(21,498)(161,674)
Depreciation, amortization, and accretion(228)(228)(228)
Net decrease in other assets(2,465)(176)(2,334)
Net increase (decrease) in other liabilities3,142 (5,472)2,212 
   Net cash provided by operating activities329,440 321,341 174,728 
INVESTING ACTIVITIES:
  Net increase in advances to subsidiaries(1)(143,535)(121,409)
    Net cash used in investing activities(1)(143,535)(121,409)
FINANCING ACTIVITIES:
  Net increase (decrease) in advances from subsidiaries24 317 (379)
  Dividends paid on common stock(300,221)(270,261)(182,273)
  Repurchases and retirement of common stock(5,715)(6,282)(4,163)
  Net proceeds from issuance of common stock— 1,185 54 
       Net cash used in financing activities(305,912)(275,041)(186,761)
Net increase (decrease) in cash and cash equivalents23,527 (97,235)(133,442)
Cash and cash equivalents, beginning of year45,895 143,130 276,572 
Cash and cash equivalents, end of year$69,422 $45,895 $143,130