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CONSOLIDATED INCOME STATEMENTS - 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 leases interest and fees $ 141,773 $ 130,830 $ 379,681 $ 404,010
Investment securities 40,266 37,060 129,864 91,238
Interest-bearing cash and other 22,849 24,229 47,081 63,618
Total interest income 204,888 192,119 556,626 558,866
INTEREST EXPENSE        
Deposits 57,496 52,408 150,651 140,859
Borrowings 124 8,607 124 26,428
Long-term debt 1,598 134 1,598 810
Total interest expense 59,218 61,149 152,373 168,097
Net interest income 145,670 130,970 404,253 390,769
Provision for credit losses on loans and leases 46,058 6,730 42,663 2,684
Ending balance 960 13 329 517
Net interest income after provision for credit losses 98,652 124,227 361,261 387,568
NONINTEREST INCOME (LOSS)        
Noninterest income 12,417 12,292 35,666 35,779
Loan servicing income 680 202 1,025 786
Net gain (loss) on sales and calls of investment securities 155 0 4,292 (207,203)
Income from bank-owned life insurance 2,120 1,010 3,149 2,144
Bargain purchase gain 90,363 0 90,363 0
Other 4,043 3,400 9,889 10,839
Total noninterest income (loss) 109,778 16,904 144,384 (157,655)
NONINTEREST EXPENSE        
Salaries and employee benefits 54,168 47,072 150,753 147,717
Occupancy 9,566 8,028 25,875 24,113
Equipment 7,288 5,807 19,445 17,643
Professional services 5,560 7,091 16,383 15,398
FDIC assessments and regulatory fees 2,722 2,917 7,148 8,679
Amortization of intangible assets 4,251 3,302 9,655 10,705
Data processing 3,315 2,294 6,865 6,734
Loan related 4,439 1,577 9,236 5,416
Marketing and advertising 680 963 2,008 2,603
Other real estate owned related (103) 201 2,685 1,888
Acquisition and integration costs 63,869 0 69,858 0
Other 7,574 6,399 20,136 20,514
Total noninterest expense 163,329 85,651 340,047 261,410
Income (loss) before provision for income tax expense 45,101 55,480 165,598 (31,497)
PROVISION (BENEFIT) FOR INCOME TAXES (10,060) 15,536 24,161 (8,833)
NET INCOME (LOSS) $ 55,161 $ 39,944 $ 141,437 $ (22,664)
Basic earnings per share        
Basic (in dollars per share) $ 0.26 $ 0.20 $ 0.69 $ (0.11)
Diluted earnings per share        
Diluted (in dollars per share) $ 0.26 $ 0.20 $ 0.69 $ (0.11)
Weighted Average Number of Shares Outstanding, Basic [Abstract]        
Basic (in shares) 208,304,212 201,999,328 204,126,832 201,991,136
Weighted Average Number of Shares Outstanding, Diluted, Adjustment [Abstract]        
Diluted (in shares) 208,373,126 202,091,759 204,189,451 201,991,136
Service charges on deposit accounts        
NONINTEREST INCOME (LOSS)        
Noninterest income $ 5,875 $ 6,007 $ 16,861 $ 17,854
Trust fees and commissions        
NONINTEREST INCOME (LOSS)        
Noninterest income 3,117 3,176 9,452 8,841
ATM network fee income        
NONINTEREST INCOME (LOSS)        
Noninterest income $ 3,425 $ 3,109 $ 9,353 $ 9,084
Common Class A        
Basic earnings per share        
Basic (in dollars per share) $ 0.25 $ 0.19 $ 0.66 $ (0.11)
Diluted earnings per share        
Diluted (in dollars per share) $ 0.25 $ 0.19 $ 0.66 $ (0.11)
Weighted Average Number of Shares Outstanding, Basic [Abstract]        
Basic (in shares) 207,189,764 200,884,880 203,012,384 200,876,688
Weighted Average Number of Shares Outstanding, Diluted, Adjustment [Abstract]        
Diluted (in shares) 207,258,678 200,977,311 203,075,003 200,876,688
Common Class B        
Basic earnings per share        
Basic (in dollars per share) $ 2.53 $ 1.88 $ 6.60 $ (1.07)
Diluted earnings per share        
Diluted (in dollars per share) $ 2.53 $ 1.88 $ 6.60 $ (1.07)
Weighted Average Number of Shares Outstanding, Basic [Abstract]        
Basic (in shares) 1,114,448 1,114,448 1,114,448 1,114,448
Weighted Average Number of Shares Outstanding, Diluted, Adjustment [Abstract]        
Diluted (in shares) 1,114,448 1,114,448 1,114,448 1,114,448