v3.26.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2026
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 March 31, 2026:
Interest income$781,502 $124,576 $10,482 $916,560 $11,000 $927,560 
Interest expense330,904 17,493 139 348,536  348,536 
Net interest income450,598 107,083 10,343 568,024 11,000 579,024 
Provision for credit losses27,281 2,313  29,594  29,594 
Non-interest income77,882 35,733 43,275 156,890 (22,748)134,142 
Non-interest expense:
Salaries101,576 18,023 8,973 128,572 514 129,086 
Commissions and incentive compensation33,128 9,862 14,417 57,407  57,407 
Benefits32,243 6,640 3,071 41,954  41,954 
Other segment expenses (1)
132,607 24,682 9,158 166,447 (12,262)154,185 
Total non-interest expense299,554 59,207 35,619 394,380 (11,748)382,632 
Income before taxes201,645 81,296 17,999 300,940  300,940 
Income tax expense51,114 18,203 4,235 73,552  73,552 
Net income$150,531 $63,093 $13,764 $227,388 $ $227,388 
Total assets at period end$57,233,526 $13,533,665 $1,390,242 $72,157,433 $ $72,157,433 
Three Months Ended March 31, 2025:
Interest income$768,968 $101,698 $5,531 $876,197 $10,768 $886,965 
Interest expense349,957 10,391 143 360,491 — 360,491 
Net interest income419,011 91,307 5,388 515,706 10,768 526,474 
Provision for credit losses22,428 1,535 — 23,963 — 23,963 
Non-interest income73,493 31,039 33,790 138,322 (21,688)116,634 
Non-interest expense:
Salaries98,586 15,762 9,104 123,452 465 123,917 
Commissions and incentive compensation32,137 9,041 11,358 52,536 — 52,536 
Benefits27,374 4,718 2,981 35,073 — 35,073 
Other segment expenses (1)
132,490 23,445 10,014 165,949 (11,385)154,564 
Total non-interest expense290,587 52,966 33,457 377,010 (10,920)366,090 
Income before taxes179,489 67,845 5,721 253,055 — 253,055 
Income tax expense 45,219 17,552 1,245 64,016 — 64,016 
Net income$134,270 $50,293 $4,476 $189,039 $— $189,039 
Total assets at period end$53,531,046 $11,312,205 $1,026,815 $65,870,066 $— $65,870,066 
(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.