XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Interest income        
Loans and lease financing $ 196,441 $ 205,682 $ 581,936 $ 607,594
Available-for-sale investment securities 13,470 12,850 39,089 41,539
Held-to-maturity investment securities 15,920 16,937 48,866 52,305
Other 16,744 14,527 44,573 38,444
Total interest income 242,575 249,996 714,464 739,882
Interest expense        
Deposits 70,851 87,500 212,849 257,252
Short-term borrowings 2,195 5,397 7,421 17,303
Other 198 392 754 1,342
Total interest expense 73,244 93,289 221,024 275,897
Net interest income 169,331 156,707 493,440 463,985
Provision for credit losses 4,500 7,400 19,500 15,500
Net interest income after provision for credit losses 164,831 149,307 473,940 448,485
Noninterest income        
Service charges on deposit accounts 8,096 7,783 23,461 23,122
Credit and debit card fees 15,850 17,533 46,237 49,567
Other service charges and fees 13,807 11,790 39,324 32,730
Trust and investment services income 9,212 9,077 27,736 28,857
Bank-owned life insurance 6,314 4,502 15,409 12,148
Investment securities gains, net     37  
Other 3,781 2,603 9,291 10,003
Total noninterest income 57,060 53,288 161,495 156,427
Noninterest expense        
Salaries and employee benefits 61,533 59,563 181,138 176,562
Contracted services and professional fees 15,785 14,634 46,621 46,440
Occupancy 7,098 6,945 23,132 21,263
Equipment 13,834 13,078 41,742 39,687
Regulatory assessment and fees 3,294 3,412 10,876 15,346
Advertising and marketing 2,033 1,813 6,247 6,190
Card rewards program 8,694 8,678 25,019 25,905
Other 13,473 18,024 39,468 45,653
Total noninterest expense 125,744 126,147 374,243 377,046
Income before provision for income taxes 96,147 76,448 261,192 227,866
Provision for income taxes 22,307 14,956 54,857 50,233
Net income $ 73,840 $ 61,492 $ 206,335 $ 177,633
Basic earnings per share $ 0.59 $ 0.48 $ 1.65 $ 1.39
Diluted earnings per share $ 0.59 $ 0.48 $ 1.64 $ 1.38
Basic weighted-average outstanding shares 124,267,090 127,886,167 125,282,792 127,820,737
Diluted weighted-average outstanding shares 124,970,898 128,504,035 125,977,271 128,362,433