Loans and Allowance for Loan Losses - Schedule of Rollforward of Allowance for Loan Losses (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | 12 Months Ended | ||
---|---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
Dec. 31, 2024 |
|
Allowance for loan losses: | |||||
Beginning balance | $ 478,207 | $ 492,661 | $ 486,845 | $ 479,385 | $ 479,385 |
Charge-offs | (34,413) | (42,291) | (61,560) | (92,859) | (160,948) |
Recoveries | 16,112 | 7,806 | 21,893 | 14,018 | |
Provision for (reversal of) loan losses | 4,925 | 26,925 | 17,653 | 84,557 | |
Ending balance | 464,831 | 485,101 | 464,831 | 485,101 | 486,845 |
Commercial & Industrial | |||||
Allowance for loan losses: | |||||
Beginning balance | 205,903 | 213,482 | 210,525 | 218,970 | 218,970 |
Charge-offs | (16,227) | (34,379) | (26,581) | (72,322) | |
Recoveries | 12,742 | 4,589 | 15,712 | 7,877 | |
Provision for (reversal of) loan losses | 2,822 | 37,038 | 5,584 | 66,205 | |
Ending balance | 205,240 | 220,730 | 205,240 | 220,730 | 210,525 |
Commercial Real Estate | |||||
Allowance for loan losses: | |||||
Beginning balance | 126,220 | 152,627 | 134,021 | 133,758 | 133,758 |
Charge-offs | (9,402) | (263) | (18,827) | (3,974) | |
Recoveries | 1,068 | 462 | 1,119 | 1,229 | |
Provision for (reversal of) loan losses | (147) | (11,146) | 1,426 | 10,667 | |
Ending balance | 117,739 | 141,680 | 117,739 | 141,680 | 134,021 |
Total consumer | |||||
Allowance for loan losses: | |||||
Beginning balance | 146,084 | 126,552 | 142,299 | 126,657 | 126,657 |
Charge-offs | (8,784) | (7,649) | (16,152) | (16,563) | |
Recoveries | 2,302 | 2,755 | 5,062 | 4,912 | |
Provision for (reversal of) loan losses | 2,250 | 1,033 | 10,643 | 7,685 | |
Ending balance | $ 141,852 | $ 122,691 | $ 141,852 | $ 122,691 | $ 142,299 |