v3.25.2
Consolidated Statements of Income - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Interest income:        
Interest and fees on loans $ 238.9 $ 252.8 $ 481.0 $ 504.9
Interest and dividends on investment securities:        
Taxable 49.6 62.3 100.9 126.8
Exempt from federal taxes 0.7 0.7 1.4 1.4
Other Interest and Dividend Income 2.1 3.3 5.0 6.6
Interest on deposits in banks 6.2 4.9 12.5 9.0
Total interest income 297.5 324.0 600.8 648.7
Interest expense:        
Interest on deposits 75.3 80.9 150.4 160.0
Interest on securities sold under repurchase agreements 1.1 1.9 2.3 4.2
Interest Expense, Other Short-term Borrowings 8.3 31.8 25.8 67.4
Interest on long-term debt 2.7 4.4 4.4 8.7
Interest on subordinated debentures held by subsidiary trusts 2.9 3.3 5.7 6.6
Interest Expense, Operating 90.3 122.3 188.6 246.9
Net interest income 207.2 201.7 412.2 401.8
Provision for Loan, Lease, and Other Losses (0.3) 9.0 19.7 14.3
Net interest income after (reduction of) provision for credit losses 207.5 192.7 392.5 387.5
Noninterest income:        
Payment Services Revenues 17.8 18.6 34.9 37.0
Mortgage banking revenues 1.8 1.7 3.2 3.4
Wealth management revenues 9.7 9.4 19.5 18.6
Service Charges on Deposit Accounts 6.9 6.4 13.5 12.4
Non-interest income 2.1 2.1 4.4 4.3
Other income 2.8 4.4 7.6 9.0
Total noninterest income 41.1 42.6 83.1 84.7
Noninterest expense:        
Salaries and wages 65.0 66.3 133.6 131.5
Employee benefits 17.9 16.9 37.9 36.2
Outsourced technology services 13.3 14.0 27.5 27.6
Occupancy, net 13.4 11.7 27.1 24.0
Furniture and equipment 5.2 5.2 10.2 10.2
OREO expense, net 0.0 2.0 0.5 4.0
Professional fees 5.7 5.1 11.2 11.9
FDIC insurance premiums 4.0 6.6 8.3 14.0
Other intangibles amortization 3.4 3.7 6.8 7.4
Other expenses 27.2 25.4 52.6 50.3
Noninterest Expense 155.1 156.9 315.7 317.1
Income before income tax 93.5 78.4 159.9 155.1
Provision for income tax 21.8 18.4 38.0 36.7
Net income $ 71.7 $ 60.0 $ 121.9 $ 118.4
Earnings per common share, basic (in dollars per share) $ 0.69 $ 0.58 $ 1.18 $ 1.15
Earnings per common share, diluted (in dollars per share) $ 0.69 $ 0.58 $ 1.18 $ 1.15
Weighted average common shares outstanding, basic (in shares) 103,260,996 102,936,996 103,177,077 102,890,697
Weighted average common shares outstanding, diluted (in shares) 103,363,692 103,093,135 103,404,063 103,075,443