v3.26.1
CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Loans including fees:        
Taxable $ 711,947 $ 658,508 $ 1,408,309 $ 1,174,274
Nontaxable 19,175 16,590 39,265 26,767
Investment securities:        
Taxable 142,877 124,880 283,236 210,414
Nontaxable 9,271 10,192 18,907 20,299
Money market and other interest-earning investments 11,121 14,791 22,065 23,606
Total interest income 894,391 824,961 1,771,782 1,455,360
Interest Expense        
Deposits 237,504 240,088 470,835 430,583
Federal funds purchased and interbank borrowings 391 953 414 2,578
Securities sold under agreements to repurchase 561 636 1,155 1,187
Federal Home Loan Bank advances 61,744 59,042 119,796 100,938
Other borrowings 15,203 9,452 28,021 17,641
Total interest expense 315,403 310,171 620,221 552,927
Net interest income 578,988 514,790 1,151,561 902,433
Provision for credit losses 36,206 106,835 71,152 138,238
Net interest income after provision for credit losses 542,782 407,955 1,080,409 764,195
Noninterest Income        
Wealth and investment services fees 42,098 35,817 81,813 65,465
Service charges on deposit accounts 28,009 23,878 54,946 45,034
Debit card and ATM fees 13,092 12,922 25,130 22,913
Mortgage banking revenue 11,163 10,032 20,717 16,911
Capital markets income 12,329 7,114 23,345 11,620
Company-owned life insurance 8,531 6,625 16,092 12,006
Debt securities gains (losses), net (34) (41) 41 (117)
Other income 38,376 36,170 53,826 52,479
Total noninterest income 153,564 132,517 275,910 226,311
Noninterest Expense        
Salaries and employee benefits 184,765 202,112 368,838 350,417
Occupancy 33,452 30,432 70,447 59,485
Equipment 11,077 12,566 23,152 21,467
Marketing 15,601 13,759 32,035 25,699
Technology 29,630 31,452 58,655 53,472
Communication 6,130 5,014 12,326 9,148
Professional fees 10,735 21,931 23,091 29,850
FDIC assessment 13,592 13,409 27,348 23,109
Amortization of intangibles 23,992 19,630 49,615 26,460
Amortization of tax credit investments 7,807 5,815 14,918 9,239
Other expense 35,380 28,646 56,440 44,891
Total noninterest expense 372,161 384,766 736,865 653,237
Income before income taxes 324,185 155,706 619,454 337,269
Income tax expense 70,771 30,298 132,368 67,202
Net income 253,414 125,408 487,086 270,067
Preferred dividends (4,033) (4,033) (8,067) (8,067)
Net income applicable to common shareholders $ 249,381 $ 121,375 $ 479,019 $ 262,000
Net income per common share - basic (in dollars per share) $ 0.65 $ 0.34 $ 1.25 $ 0.78
Net income per common share - diluted (in dollars per share) $ 0.65 $ 0.34 $ 1.24 $ 0.77
Weighted average number of common shares outstanding - basic (in shares) 381,864 360,155 383,845 338,162
Weighted average number of common shares outstanding - diluted (in shares) 383,273 361,436 385,697 340,250
Dividends per common share (in dollars per share) $ 0.145 $ 0.14 $ 0.29 $ 0.28