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Segment Reporting
 12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Segment Reporting Disclosure
The Corporation has one reportable segment whose primary sources of revenue are interest income on loans, investment securities and other interest-earning assets and fee income earned on its products and services. Its expenses consist of interest expense on deposits and borrowed funds, provision for credit losses, other operating expenses and income taxes. The Corporation manages its business activities on a consolidated basis.

The accounting policies of the segment are the same as those described in “Note 1 – Summary of Significant Accounting Policies.”

The Chief Operating Decision Maker is the Chairman and Chief Executive Officer (“CEO”) who assesses performance of the segment based on net income available to common shareholders and net income available to common shareholders per share (diluted), which is reported in the Consolidated Statements of Income.

Net income available to common shareholders and net income available to common shareholders per share (diluted), are used to monitor actual results versus budget, in competitive analyses by benchmarking to the Corporation’s peers, and in decision-making pertaining to executive compensation levels, common stock and preferred stock dividend levels, common share repurchases and capital expenditure spending.

The measure of segment assets is reported on the Consolidated Balance Sheet.
The following table presents segment results as of December 31:
(dollars in thousands, except per-share data)
202420232022
Interest Income
Loans, including fees$1,394,969 $1,156,373 $758,609 
Investment securities136,650 101,518 98,115 
Other interest income50,577 15,345 8,114 
Total Interest Income1,582,196 1,273,236 864,838 
Interest Expense
Deposits521,859 292,205 43,829 
Federal funds purchased2,881 30,417 2,967 
FHLB advances37,793 46,965 7,334 
Senior debt and subordinated debt20,255 21,361 22,257 
Other borrowings and interest-bearing liabilities39,083 28,002 6,817 
Total Interest Expense621,871 418,950 83,204 
Net Interest Income960,325 854,286 781,634 
Provision for credit losses71,636 54,036 28,021 
Net Interest Income After Provision for Credit Losses888,689 800,250 753,613 
Total Non-Interest Income275,731 227,678 227,130 
Non-Interest Expense
Salaries and employee benefits432,821 377,417 356,884 
Data processing and software77,882 66,471 60,255 
Net occupancy69,359 58,019 56,195 
Other outside services60,586 47,724 37,152 
FDIC insurance23,829 25,565 12,547 
Equipment17,850 14,390 14,033 
Intangible amortization17,830 2,944 1,731 
Professional fees10,857 8,392 9,123 
Marketing8,958 9,004 6,885 
Acquisition-related expenses37,635 — 10,328 
Other62,184 69,281 68,595 
Total Non-Interest Expense819,791 679,207 633,728 
Income Before Income Taxes344,629 348,721 347,015 
Income taxes55,886 64,441 60,034 
Net Income288,743 284,280 286,981 
Preferred stock dividends(10,248)(10,248)(10,248)
Net Income Available to Common Shareholders$278,495 $274,032 $276,733 
Net income available to common shareholders per share (diluted)$1.57 $1.64 $1.67