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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Interest Income        
Loans, including fees $ 355,505 $ 373,247 $ 1,046,896 $ 1,037,160
Investment securities 47,944 36,342 141,643 93,543
Other interest income 7,557 18,067 24,919 37,125
Total Interest Income 411,006 427,656 1,213,458 1,167,828
Interest Expense        
Deposits 130,237 145,324 390,323 379,985
Federal funds purchased 0 0 12 2,881
FHLB advances 5,791 8,824 21,741 29,572
Senior debt and subordinated debt 4,960 5,299 13,584 15,904
Other borrowings and interest-bearing liabilities 5,820 10,200 17,493 32,820
Total Interest Expense 146,808 169,647 443,153 461,162
Net Interest Income 264,198 258,009 770,305 706,666
Provision for credit losses 10,245 11,929 32,749 54,910
Net Interest Income After Provision for Credit Losses 253,953 246,080 737,556 651,756
Non-Interest Income        
Non-interest income before investment securities gains 70,407 59,674 206,788 230,089
Gain on acquisition, net of tax 0 (7,706) 0 39,685
Investment securities (losses) gains, net 0 (1) (2) (20,283)
Total Non-Interest Income 70,407 59,673 206,786 209,806
Non-Interest Expense        
Salaries and employee benefits 111,265 118,824 321,914 324,935
Data processing and software 18,535 20,314 55,396 58,332
Net occupancy 15,954 18,999 50,571 52,942
Other outside services 12,951 15,839 36,797 46,055
Intangible amortization 5,368 6,287 17,097 11,548
FDIC insurance 5,089 5,109 15,638 17,909
Equipment 3,926 4,860 12,175 13,461
Marketing 2,470 2,251 7,595 6,263
Professional fees 2,320 2,811 3,405 7,470
Acquisition-related expenses 0 14,195 380 27,998
Other 18,696 16,600 57,877 36,263
Total Non-Interest Expense 196,574 226,089 578,845 603,176
Income Before Income Taxes 127,786 79,664 365,497 258,386
Income taxes 27,332 16,458 72,858 38,264
Net Income 100,454 63,206 292,639 220,122
Preferred stock dividends (2,562) (2,562) (7,686) (7,686)
Net Income Available to Common Shareholders $ 97,892 $ 60,644 $ 284,953 $ 212,436
PER SHARE:        
Net Income (Basic) (in dollars per share) $ 0.54 $ 0.33 $ 1.57 $ 1.23
Net Income (Diluted) (in dollars per share) 0.53 0.33 1.55 1.21
Cash Dividends (in dollars per share) $ 0.18 $ 0.17 $ 0.54 $ 0.51
Wealth management        
Non-Interest Income        
Non-interest income before investment securities gains $ 22,639 $ 21,596 $ 66,705 $ 62,741
Commercial banking        
Non-Interest Income        
Non-interest income before investment securities gains 23,165 22,289 67,925 62,528
Consumer banking        
Non-Interest Income        
Non-interest income before investment securities gains 15,174 14,928 42,770 41,196
Mortgage banking        
Non-Interest Income        
Non-interest income before investment securities gains 3,711 3,142 10,841 10,183
Other        
Non-Interest Income        
Non-interest income before investment securities gains $ 5,718 $ 5,425 $ 18,547 $ 13,756