SEGMENT REPORTING - Schedule of Segment Reporting, by Reportable Business Segments (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | |||
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Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
Dec. 31, 2024 |
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Segment Reporting Information [Line Items] | |||||
Interest income | $ 347,638 | $ 347,323 | $ 681,416 | $ 676,775 | |
Interest expense | 115,825 | 135,402 | 227,764 | 263,466 | |
Net interest income | 231,813 | 211,921 | 453,652 | 413,309 | |
Provision for credit losses | 2,772 | 18,773 | 24,664 | 39,878 | |
Noninterest income | 68,911 | 88,711 | 132,934 | 154,589 | |
Noninterest expense | |||||
Salaries and employee benefits | 89,308 | 88,201 | 175,923 | 171,131 | |
Occupancy and equipment | 11,401 | 12,559 | 22,078 | 25,444 | |
Data processing and communications expenses | 15,366 | 15,193 | 30,221 | 29,847 | |
Other expenses | 39,185 | 39,404 | 78,072 | 77,646 | |
Total noninterest expense | 155,260 | 155,357 | 306,294 | 304,068 | |
Income before income tax expense | 142,692 | 126,502 | 255,628 | 223,952 | |
Income tax expense | 32,858 | 35,717 | 57,859 | 58,855 | |
Net income | 109,834 | 90,785 | 197,769 | 165,097 | |
Total assets | 26,680,153 | 26,520,728 | 26,680,153 | 26,520,728 | $ 26,262,050 |
Goodwill | 1,015,646 | 1,015,646 | 1,015,646 | 1,015,646 | 1,015,646 |
Other intangible assets, net | 62,582 | 79,120 | 62,582 | 79,120 | $ 70,761 |
Banking Division | |||||
Segment Reporting Information [Line Items] | |||||
Interest income | 239,211 | 243,857 | 472,530 | 478,979 | |
Interest expense | 47,710 | 70,320 | 96,816 | 140,974 | |
Net interest income | 191,501 | 173,537 | 375,714 | 338,005 | |
Provision for credit losses | 677 | 20,888 | 17,097 | 40,015 | |
Noninterest income | 29,275 | 37,527 | 57,999 | 63,890 | |
Noninterest expense | |||||
Salaries and employee benefits | 62,001 | 59,923 | 124,717 | 118,839 | |
Occupancy and equipment | 10,547 | 11,474 | 20,351 | 23,227 | |
Data processing and communications expenses | 13,825 | 13,756 | 27,216 | 26,940 | |
Other expenses | 25,478 | 24,614 | 51,163 | 49,061 | |
Total noninterest expense | 111,851 | 109,767 | 223,447 | 218,067 | |
Income before income tax expense | 108,248 | 80,409 | 193,169 | 143,813 | |
Income tax expense | 25,667 | 26,090 | 44,821 | 42,118 | |
Net income | 82,581 | 54,319 | 148,348 | 101,695 | |
Total assets | 19,143,429 | 18,933,072 | 19,143,429 | 18,933,072 | |
Goodwill | 951,148 | 951,148 | 951,148 | 951,148 | |
Other intangible assets, net | 60,952 | 74,605 | 60,952 | 74,605 | |
Retail Mortgage Division | |||||
Segment Reporting Information [Line Items] | |||||
Interest income | 61,356 | 59,001 | 119,288 | 114,100 | |
Interest expense | 39,325 | 35,259 | 75,413 | 67,071 | |
Net interest income | 22,031 | 23,742 | 43,875 | 47,029 | |
Provision for credit losses | 1,010 | (2,882) | 6,201 | (550) | |
Noninterest income | 37,726 | 50,145 | 72,455 | 88,910 | |
Noninterest expense | |||||
Salaries and employee benefits | 24,358 | 25,254 | 45,353 | 46,327 | |
Occupancy and equipment | 811 | 1,008 | 1,640 | 2,057 | |
Data processing and communications expenses | 1,391 | 1,276 | 2,688 | 2,642 | |
Other expenses | 12,496 | 13,397 | 24,459 | 25,927 | |
Total noninterest expense | 39,056 | 40,935 | 74,140 | 76,953 | |
Income before income tax expense | 19,691 | 35,834 | 35,989 | 59,536 | |
Income tax expense | 4,135 | 7,525 | 7,558 | 12,503 | |
Net income | 15,556 | 28,309 | 28,431 | 47,033 | |
Total assets | 4,723,883 | 5,100,837 | 4,723,883 | 5,100,837 | |
Goodwill | 0 | 0 | 0 | 0 | |
Other intangible assets, net | 0 | 0 | 0 | 0 | |
Warehouse Lending Division | |||||
Segment Reporting Information [Line Items] | |||||
Interest income | 18,174 | 19,380 | 33,374 | 35,863 | |
Interest expense | 11,083 | 13,088 | 20,381 | 23,543 | |
Net interest income | 7,091 | 6,292 | 12,993 | 12,320 | |
Provision for credit losses | 369 | 359 | 194 | 504 | |
Noninterest income | 1,893 | 1,028 | 2,447 | 1,768 | |
Noninterest expense | |||||
Salaries and employee benefits | 618 | 1,124 | 1,170 | 2,012 | |
Occupancy and equipment | 7 | 7 | 14 | 14 | |
Data processing and communications expenses | 59 | 59 | 97 | 84 | |
Other expenses | 96 | 298 | 366 | 535 | |
Total noninterest expense | 780 | 1,488 | 1,647 | 2,645 | |
Income before income tax expense | 7,835 | 5,473 | 13,599 | 10,939 | |
Income tax expense | 1,646 | 1,149 | 2,856 | 2,297 | |
Net income | 6,189 | 4,324 | 10,743 | 8,642 | |
Total assets | 1,114,158 | 1,089,263 | 1,114,158 | 1,089,263 | |
Goodwill | 0 | 0 | 0 | 0 | |
Other intangible assets, net | 0 | 0 | 0 | 0 | |
Premium Finance Division | |||||
Segment Reporting Information [Line Items] | |||||
Interest income | 28,897 | 25,085 | 56,224 | 47,833 | |
Interest expense | 17,707 | 16,735 | 35,154 | 31,878 | |
Net interest income | 11,190 | 8,350 | 21,070 | 15,955 | |
Provision for credit losses | 716 | 408 | 1,172 | (91) | |
Noninterest income | 17 | 11 | 33 | 21 | |
Noninterest expense | |||||
Salaries and employee benefits | 2,331 | 1,900 | 4,683 | 3,953 | |
Occupancy and equipment | 36 | 70 | 73 | 146 | |
Data processing and communications expenses | 91 | 102 | 220 | 181 | |
Other expenses | 1,115 | 1,095 | 2,084 | 2,123 | |
Total noninterest expense | 3,573 | 3,167 | 7,060 | 6,403 | |
Income before income tax expense | 6,918 | 4,786 | 12,871 | 9,664 | |
Income tax expense | 1,410 | 953 | 2,624 | 1,937 | |
Net income | 5,508 | 3,833 | 10,247 | 7,727 | |
Total assets | 1,698,683 | 1,397,556 | 1,698,683 | 1,397,556 | |
Goodwill | 64,498 | 64,498 | 64,498 | 64,498 | |
Other intangible assets, net | $ 1,630 | $ 4,515 | $ 1,630 | $ 4,515 |
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- Definition Allowance for Credit Loss, Expense (Reversal) No definition available.
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- Definition Represents the total of interest and dividend income, including any amortization and accretion (as applicable) of discounts and premiums, earned from (1) loans and leases whether held-for-sale or held-in-portfolio; (2) investment securities; (3) federal funds sold; (4) securities purchased under agreements to resell; (5) investments in banker's acceptances, commercial paper, or certificates of deposit; (6) dividend income; or (7) other investments not otherwise specified herein. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest income (expense) classified as operating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of expense for salary, wage, profit sharing; incentive and equity-based compensation; and other employee benefit. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The total amount of noninterest income which may be derived from: (1) fees and commissions; (2) premiums earned; (3) insurance policy charges; (4) the sale or disposal of assets; and (5) other sources not otherwise specified. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of net occupancy expense that may include items, such as depreciation of facilities and equipment, lease expenses, property taxes and property and casualty insurance expense. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expense classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount after accumulated amortization of finite-lived and indefinite-lived intangible assets classified as other. No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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