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Condensed Financial Information Of Parent Company Condensed Financial Information Of Parent Company (Tables) | 12 Months Ended
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Dec. 31, 2024
Condensed Financial Information Of Parent Company [Abstract] |
Condensed Balance Sheet |
Parent Company Only | December 31,
Condensed Balance Sheets | 2024 |  | 2023
| (In thousands)
Assets: |  |  |
Cash and cash equivalents | $ | 192,255 |  |  | $ | 285,758 |
Investments in subsidiaries | 3,570,039 |  |  | 3,384,784 |
Other assets | 134,799 |  |  | 134,822 |
Total assets | $ | 3,897,093 |  |  | $ | 3,805,364 |
Liabilities: |  |  |
Borrowings | $ | 172,976 |  |  | $ | 169,906 |
Subordinated debt | 214,709 |  |  | 213,171 |
Other liabilities | 9,459 |  |  | 31,522 |
Total liabilities | 397,144 |  |  | 414,599 |
Stockholders’ equity | 3,499,949 |  |  | 3,390,765 |
Total liabilities and stockholders’ equity | $ | 3,897,093 |  |  | $ | 3,805,364 |
Condensed Income Statement |
Parent Company Only | Year Ended December 31,
Condensed Statements of Earnings (Loss) | 2024 |  | 2023 |  | 2022
| (In thousands)
Miscellaneous income (loss) | $ | 6,601 |  |  | $ | 8,978 |  |  | $ | (7,234) |
Dividends from Bank subsidiary | 80,000 |  |  | 46,000 |  |  | 129,000 |
Total income | 86,601 |  |  | 54,978 |  |  | 121,766 |
Interest expense | 29,217 |  |  | 12,067 |  |  | 5,824 |
Operating expenses | 4,716 |  |  | 11,944 |  |  | 6,015 |
Total expenses | 33,933 |  |  | 24,011 |  |  | 11,839 |
Earnings before income taxes and equity in undistributed |  |  |  |  |
earnings of subsidiaries | 52,668 |  |  | 30,967 |  |  | 109,927 |
Income tax benefit | 8,463 |  |  | 4,455 |  |  | 9,682 |
Earnings before equity in undistributed earnings of subsidiaries | 61,131 |  |  | 35,422 |  |  | 119,609 |
Equity in undistributed earnings (loss) of subsidiaries | 65,757 |  |  | (1,934,559) |  |  | 304,004 |
Net earnings (loss) | 126,888 |  |  | (1,899,137) |  |  | 423,613 |
Preferred stock dividends | 39,788 |  |  | 39,788 |  |  | 19,339 |
Net earnings (loss) available to common and equivalent |  |  |  |  |
stockholders | $ | 87,100 |  |  | $ | (1,938,925) |  |  | $ | 404,274 |
Condensed Cash Flow Statement |
Parent Company Only | Year Ended December 31,
Condensed Statements of Cash Flows | 2024 |  | 2023 |  | 2022
| (In thousands)
Cash flows from operating activities: |  |  |  |  |
Net earnings (loss) | $ | 126,888 |  |  | $ | (1,899,137) |  |  | $ | 423,613 |
Adjustments to reconcile net earnings (loss) to net cash |  |  |  |  |
provided by (used in) operating activities: |  |  |  |  |
Depreciation and amortization | 4,608 |  |  | 378 |  |  | — |
Change in other assets | (42,141) |  |  | (466,018) |  |  | (323,852) |
Change in liabilities | (22,063) |  |  | 20,907 |  |  | (5,658) |
Earned stock compensation | 15,448 |  |  | 28,697 |  |  | 34,769 |
(Equity in) distributions in excess of undistributed earnings |  |  |  |  |
or loss of subsidiaries | (65,757) |  |  | 1,934,559 |  |  | (304,004) |
Net cash provided by (used in) operating activities | 16,983 |  |  | (380,614) |  |  | (175,132) |
Cash flows from investing activities: |  |  |  |  |
Cash acquired in acquisitions, net of consideration paid | — |  |  | 26,310 |  |  | — |
Net cash provided by investing activities | — |  |  | 26,310 |  |  | — |
Cash flows from financing activities: |  |  |  |  |
Common stock repurchased and restricted stock surrendered | (2,708) |  |  | (5,419) |  |  | (9,531) |
Net proceeds from stock issuance | — |  |  | 382,900 |  |  | — |
Net proceeds from preferred stock offering | — |  |  | — |  |  | 498,516 |
Shares purchased under the Dividend Reinvestment Plan | 308 |  |  | 69 |  |  | — |
Preferred stock dividends paid | (39,788) |  |  | (39,788) |  |  | (19,339) |
Common stock dividends paid | (68,298) |  |  | (48,881) |  |  | (120,256) |
Net cash (used in) provided by financing activities | (110,486) |  |  | 288,881 |  |  | 349,390 |
Net (decrease) increase in cash and cash equivalents | (93,503) |  |  | (65,423) |  |  | 174,258 |
Cash and cash equivalents, beginning of year | 285,758 |  |  | 351,181 |  |  | 176,923 |
Cash and cash equivalents, end of year | $ | 192,255 |  |  | $ | 285,758 |  |  | $ | 351,181 |

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