v3.25.3
SEGMENT REPORTING - Summary of Key Operating Results of Business Segments (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Segment Reporting Information        
Interest income $ 134,737 $ 157,156 $ 413,604 $ 458,523
Interest expense 88,659 108,037 265,645 327,189
Net interest income 46,078 49,119 147,959 131,334
Provision (reversal) for credit losses 65,045 282 70,828 53
Noninterest income 17,519 11,937 38,459 38,278
LHFS LOCOM adjustment   (117,517)   (117,517)
Compensation and benefits 23,713 20,009 71,711 58,511
Customer service costs 9,068 18,954 37,102 45,796
Professional services and marketing costs 6,838 5,095 19,984 12,152
Other 17,863 16,167 50,330 50,004
(Loss) income before income taxes (58,930) (116,968) (63,537) (114,421)
Income tax expense (benefit) 87,393 (34,794) 83,580 (36,125)
Net Income (Loss) (146,323) (82,174) (147,117) (78,296)
Operating Segments | Banking        
Segment Reporting Information        
Interest income 134,737 157,156 413,604 458,523
Interest expense 86,686 106,317 260,277 322,059
Net interest income 48,051 50,839 153,327 136,464
Provision (reversal) for credit losses 65,045 282 70,828 53
Noninterest income 10,834 4,598 17,860 16,522
LHFS LOCOM adjustment   (117,517)   (117,517)
Compensation and benefits 18,609 15,688 56,952 45,681
Customer service costs 9,068 18,954 37,102 45,796
Professional services and marketing costs 5,683 3,298 16,022 8,486
Other 16,849 15,266 47,049 47,084
(Loss) income before income taxes (56,369) (115,568) (56,766) (111,631)
Income tax expense (benefit) 79,775 (34,399) 77,066 (35,365)
Net Income (Loss) (136,144) (81,169) (133,832) (76,266)
Operating Segments | Wealth Management        
Segment Reporting Information        
Noninterest income 7,033 7,704 21,659 22,843
Compensation and benefits 4,887 4,154 15,733 12,328
Professional services and marketing costs 812 994 2,849 2,821
Other 679 621 1,957 1,980
(Loss) income before income taxes 655 1,935 1,120 5,714
Income tax expense (benefit)   551 146 1,632
Net Income (Loss) 655 1,384 974 4,082
Other        
Segment Reporting Information        
Interest expense 1,973 1,720 5,368 5,130
Net interest income (1,973) (1,720) (5,368) (5,130)
Noninterest income (348) (365) (1,060) (1,087)
Compensation and benefits 217 167 (974) 502
Professional services and marketing costs 343 803 1,113 845
Other 335 280 1,324 940
(Loss) income before income taxes (3,216) (3,335) (7,891) (8,504)
Income tax expense (benefit) 7,618 (946) 6,368 (2,392)
Net Income (Loss) $ (10,834) $ (2,389) $ (14,259) $ (6,112)