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Parent Company Only Financial Information | 12 Months Ended
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Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract] |
Parent Company Only Financial Information | Parent Company Only Financial Information Presented below are condensed financial statements for the Parent Company: Balance Sheets
| December 31,
($ in thousands) | 2024 | 2023
Assets |  |
Cash and due from banks | $ | 36,158 |  | $ | 22,473 |
Interest-bearing deposits in other financial institutions | 212,943 |  | 20,428 |
Notes and interest receivable from subsidiaries | 710,126 |  | 562,640 |
Investments in and receivable due from subsidiaries | 4,455,525 |  | 4,080,536 |
Other assets | 57,649 |  | 48,589 |
Total assets | $ | 5,472,402 |  | $ | 4,734,666 |
Liabilities and Stockholders' Equity |  |
Senior notes, at par | $ | 300,000 |  | $ | — |
Subordinated notes, at par | 550,000 |  | 550,000 |
Long-term funding capitalized costs and fair value hedge liability | (12,660) |  | (9,114) |
Total long-term funding | 837,340 |  | 540,886 |
Accrued expenses and other liabilities | 29,500 |  | 19,807 |
Total liabilities | 866,841 |  | 560,693 |
Preferred equity | 194,112 |  | 194,112 |
Common equity | 4,411,450 |  | 3,979,861 |
Total stockholders’ equity | 4,605,562 |  | 4,173,973 |
Total liabilities and stockholders’ equity | $ | 5,472,402 |  | $ | 4,734,666 |
Statements of Income
| For the Years Ended December 31,
($ in thousands) | 2024 | 2023 | 2022
Income |  |  |
Income from subsidiaries | $ | 129,224 |  | $ | 192,559 |  | $ | 373,581 |
Interest income on notes receivable from subsidiaries | 42,834 |  | 30,363 |  | 5,632 |
Other income | 1,310 |  | 1,175 |  | 1,262 |
Total income | 173,368 |  | 224,097 |  | 380,475 |
Expense |  |  |
Interest expense on short and long-term funding | 45,781 |  | 36,081 |  | 10,655 |
Other expense | 6,727 |  | 7,352 |  | 6,118 |
Total expense | 52,508 |  | 43,434 |  | 16,772 |
Income before income tax expense | 120,860 |  | 180,663 |  | 363,702 |
Income tax (benefit) | (2,286) |  | (2,292) |  | (2,420) |
Net income | 123,145 |  | 182,956 |  | 366,122 |
Preferred stock dividends | 11,500 |  | 11,500 |  | 11,500 |
Net income available to common equity | $ | 111,645 |  | $ | 171,456 |  | $ | 354,622 |
Statements of Cash Flows
| For the Years Ended December 31,
($ in thousands) | 2024 | 2023 | 2022
Cash Flows from Operating Activities |  |  |
Net income | $ | 123,145 |  | $ | 182,956 |  | $ | 366,122 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |
Decrease (increase) in equity in undistributed net income (loss) of subsidiaries | 55,776 |  | 107,441 |  | (343,582) |
Net change in other assets and accrued expenses and other liabilities | 12,059 |  | (35,863) |  | 14,159 |
Net cash provided by operating activities | 190,980 |  | 254,534 |  | 36,699 |
Cash Flows from Investing Activities |  |  |
Net (increase) in investment in subsidiary | (331,023) |  | — |  | — |
Net (increase) decrease in notes receivable from subsidiaries | (145,000) |  | (385,000) |  | 115,000 |
Net cash (used in) provided by investing activities | (476,023) |  | (385,000) |  | 115,000 |
Cash Flows from Financing Activities |  |  |
Net (decrease) in commercial paper | — |  | (20,798) |  | (13,932) |
Proceeds from issuance of long-term funding | 297,864 |  | 292,740 |  | — |
Proceeds from issuance of common stock | 331,023 |  | — |  | — |
Proceeds from issuance of common stock for stock-based compensation plans | 37,576 |  | 4,297 |  | 11,061 |
Purchase of treasury stock, open market purchases | (18,289) |  | — |  | — |
Purchase of treasury stock, stock-based compensation plans | (6,234) |  | (6,593) |  | (6,480) |
Cash dividends on common stock | (139,197) |  | (129,534) |  | (123,137) |
Cash dividends on preferred stock | (11,500) |  | (11,500) |  | (11,500) |
Other | — |  | — |  | (938) |
Net cash provided by (used in) financing activities | 491,243 |  | 128,612 |  | (144,928) |
Net increase (decrease) in cash and cash equivalents | 206,200 |  | (1,854) |  | 6,771 |
Cash and cash equivalents at beginning of year | 42,901 |  | 44,755 |  | 37,984 |
Cash and cash equivalents at end of year | $ | 249,101 |  | $ | 42,901 |  | $ | 44,755 |

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3 Reference 2: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Topic 810 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481231/810-10-45-11 + Details
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