XML 49 R38.htm IDEA: XBRL DOCUMENT v3.24.3
Business Combinations - Narrative (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Apr. 26, 2024
USD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2023
USD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2023
USD ($)
Jul. 16, 2024
USD ($)
financial_center
Dec. 31, 2023
USD ($)
Business Acquisition [Line Items]              
Financing receivable, allowance for credit loss   $ 375,961   $ 375,961     $ 293,404
Net Interest Income   258,009 $ 213,842 706,666 $ 642,281    
Net Income   63,206 72,097 220,122 220,017    
Total Non-Interest Income   59,673 55,961 209,806 168,300    
Noninterest expense   $ 226,089 $ 171,020 603,176 $ 498,656    
Financial Center Office Closures              
Business Acquisition [Line Items]              
Number of financial center office closures | financial_center           13  
Number of financial center offices owned | financial_center           5  
Number of financial center offices leased | financial_center           8  
Expected quarterly cost reduction           $ 9,800  
Republic First Bank              
Business Acquisition [Line Items]              
Acquired assets $ 4,801,547            
Cash payment received from FDIC 809,920            
Assumed liabilities 5,560,160            
Increase (decrease) gain on acquisition, net of income taxes (7,700)            
Gain on acquisition, net of income taxes 39,685            
Loans, fair value 2,500,000            
Financing receivable, allowance for credit loss 78,200            
PCD Loans credit discount 54,767            
Finite-lived intangible assets acquired $ 92,600            
Finite-lived intangible assets, amortization period 7 years            
Consideration transferred, charitable donation $ 5,000            
Net Interest Income       72,100      
Net Income       44,300      
Total Non-Interest Income       45,100      
Noninterest expense       $ 49,400      
Investment securities 1,938,571            
Business Combination, recognized assets acquired and liabiliities assumed, FHLB stock 37,931            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables 16,164            
Intangible assets acquired 92,600            
Borrowings $ 1,413,751