v3.25.2
Segment Information (Tables)
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of Operating Information for Reportable Segments
The following is a summary of certain operating information for reportable segments:
(In thousands)
Community
Banking		Specialty
Finance		Wealth
Management		Total Operating SegmentsIntersegment EliminationsConsolidated
Three Months Ended June 30, 2025:
Interest income$800,316 $102,737 $4,964 $908,017 $12,891 $920,908 
Interest expense363,660 10,427 127 374,214 — 374,214 
Net interest income436,656 92,310 4,837 533,803 12,891 546,694 
Provision for credit losses20,478 1,756 — 22,234 — 22,234 
Non-interest income75,498 33,524 39,538 148,560 (24,471)124,089 
Non-interest expense:
Salaries96,902 15,638 10,103 122,643 531 123,174 
Commissions and incentive compensation33,325 9,976 12,570 55,871 — 55,871 
Benefits32,107 5,906 2,483 40,496 — 40,496 
Other segment expenses (1)
139,710 25,090 9,231 174,031 (12,111)161,920 
Total non-interest expense302,044 56,610 34,387 393,041 (11,580)381,461 
Income before taxes189,632 67,468 9,988 267,088 — 267,088 
Income tax expense50,499 18,672 2,390 71,561 — 71,561 
Net income$139,133 $48,796 $7,598 $195,527 $— $195,527 
Total assets at period end$55,924,843 $12,062,568 $995,907 $68,983,318 $— $68,983,318 
Three Months Ended June 30, 2024:
Interest income$725,514 $107,650 $8,156 $841,320 $8,659 $849,979 
Interest expense366,682 12,459 228 379,369 — 379,369 
Net interest income358,832 95,191 7,928 461,951 8,659 470,610 
Provision for credit losses36,325 3,736 — 40,061 — 40,061 
Non-interest income71,619 32,317 35,605 139,541 (18,394)121,147 
Non-interest expense:
Salaries88,294 15,747 9,431 113,472 388 113,860 
Commissions and incentive compensation31,251 8,580 12,320 52,151 — 52,151 
Benefits25,546 4,601 2,383 32,530 — 32,530 
Other segment expenses (1)
121,123 22,314 8,498 151,935 (10,123)141,812 
Total non-interest expense266,214 51,242 32,632 350,088 (9,735)340,353 
Income before taxes127,912 72,530 10,901 211,343 — 211,343 
Income tax expense 36,677 19,439 2,839 58,955 — 58,955 
Net income$91,235 $53,091 $8,062 $152,388 $— $152,388 
Total assets at period end$47,611,508 $11,014,840 $1,155,168 $59,781,516 $— $59,781,516 
(1)Other segment items include non-interest expense categories such as ‘Software & Equipment’, ‘Data processing’, ‘Advertising and Marketing’, ‘FDIC Insurance’, and ‘Occupancy’. See “Non-Interest Expense” under Management’s Discussion and Analysis of Financial Condition and Results of Operations in Item 2 of this Form 10-Q for further discussion on non-interest expense.
(In thousands)
Community
Banking		Specialty
Finance		Wealth
Management		Total Operating SegmentsIntersegment EliminationsConsolidated
Six Months Ended June 30, 2025:
Interest income$1,569,284 $204,435 $10,495 $1,784,214 $23,659 $1,807,873 
Interest expense713,617 20,818 270 734,705 — 734,705 
Net interest income855,667 183,617 10,225 1,049,509 23,659 1,073,168 
Provision for credit losses42,906 3,291 — 46,197 — 46,197 
Non-interest income148,991 64,563 73,328 286,882 (46,159)240,723 
Non-interest expense:
Salaries195,488 31,400 19,207 246,095 996 247,091 
Commissions and incentive compensation65,462 19,017 23,928 108,407 — 108,407 
Benefits59,481 10,624 5,464 75,569 — 75,569 
Other segment expenses (1)
272,200 48,535 19,245 339,980 (23,496)316,484 
Total non-interest expense592,631 109,576 67,844 770,051 (22,500)747,551 
Income before taxes369,121 135,313 15,709 520,143 — 520,143 
Income tax expense95,718 36,224 3,635 135,577 — 135,577 
Net income$273,403 $99,089 $12,074 $384,566 $— $384,566 
Six Months Ended June 30, 2024:
Interest income$1,417,411 $202,794 $16,159 $1,636,364 $19,128 $1,655,492 
Interest expense694,894 25,321 473 720,688 — 720,688 
Net interest income722,517 177,473 15,686 915,676 19,128 934,804 
Provision for credit losses56,717 5,017 — 61,734 — 61,734 
Non-interest income146,255 59,634 94,090 299,979 (38,252)261,727 
Non-interest expense:
Salaries174,976 30,285 19,873 225,134 898 226,032 
Commissions and incentive compensation61,033 17,219 24,900 103,152 — 103,152 
Benefits50,222 8,915 5,393 64,530 — 64,530 
Other segment expenses (1)
237,723 45,095 16,988 299,806 (20,022)279,784 
Total non-interest expense523,954 101,514 67,154 692,622 (19,124)673,498 
Income before taxes288,101 130,576 42,622 461,299 — 461,299 
Income tax expense76,819 34,962 9,836 121,617 — 121,617 
Net income$211,282 $95,614 $32,786 $339,682 $— $339,682 
(1)Other segment items include non-interest expense categories such as ‘Software & Equipment’, ‘Data processing’, ‘Advertising and Marketing’, ‘FDIC Insurance’, and ‘Occupancy’. See “Non-Interest Expense” under Management’s Discussion and Analysis of Financial Condition and Results of Operations in Item 2 of this Form 10-Q for further discussion on non-interest expense.