Consolidated Statements of Income - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| INTEREST INCOME | ||||
| Loans | $ 643,995 | $ 612,414 | $ 1,277,073 | $ 1,139,818 |
| Securities: | ||||
| Taxable interest | 146,593 | 122,237 | 291,892 | 220,533 |
| Tax-exempt interest | 35,181 | 33,024 | 69,635 | 62,987 |
| Total securities income | 181,774 | 155,261 | 361,527 | 283,520 |
| Federal funds and resell agreements | 11,259 | 8,733 | 27,322 | 15,685 |
| Interest-bearing due from banks | 33,950 | 73,874 | 71,852 | 148,859 |
| Trading securities | 388 | 255 | 659 | 625 |
| Total interest income | 871,366 | 850,537 | 1,738,433 | 1,588,507 |
| INTEREST EXPENSE | ||||
| Deposits | 298,927 | 343,153 | 591,300 | 646,559 |
| Federal funds and repurchase agreements | 28,953 | 27,423 | 58,651 | 53,213 |
| Other | 10,961 | 12,937 | 21,591 | 24,072 |
| Total interest expense | 338,841 | 383,513 | 671,542 | 723,844 |
| Net interest income | 532,525 | 467,024 | 1,066,891 | 864,663 |
| Provision for credit losses | 28,000 | 21,000 | 55,000 | 107,000 |
| Net interest income after provision for credit losses | 504,525 | 446,024 | 1,011,891 | 757,663 |
| NONINTEREST INCOME | ||||
| Trust and securities processing | 98,295 | 83,263 | 192,962 | 163,044 |
| Trading and investment banking | 5,314 | 6,170 | 13,054 | 12,081 |
| Service charges on deposit accounts | 29,588 | 28,865 | 59,062 | 56,322 |
| Insurance fees and commissions | 207 | 189 | 462 | 367 |
| Brokerage fees | 25,400 | 20,525 | 46,489 | 38,627 |
| Bankcard fees | 29,954 | 29,018 | 58,832 | 55,311 |
| Investment securities gains, net | 27,087 | 37,685 | 30,133 | 32,903 |
| Other | 29,660 | 16,470 | 49,304 | 29,728 |
| Total noninterest income | 245,505 | 222,185 | 450,298 | 388,383 |
| NONINTEREST EXPENSE | ||||
| Salaries and employee benefits | 227,162 | 213,551 | 446,843 | 434,949 |
| Occupancy, net | 19,277 | 18,571 | 38,352 | 34,640 |
| Equipment | 13,942 | 16,426 | 27,262 | 33,374 |
| Supplies and services | 5,504 | 6,383 | 11,108 | 11,168 |
| Marketing and business development | 13,916 | 11,344 | 27,708 | 19,342 |
| Processing fees | 43,073 | 43,638 | 85,132 | 84,488 |
| Legal and consulting | 14,415 | 18,468 | 23,502 | 47,074 |
| Bankcard | 11,873 | 12,363 | 23,714 | 25,158 |
| Amortization of other intangible assets | 23,460 | 25,268 | 46,920 | 42,750 |
| Regulatory fees | 9,097 | 9,259 | 17,367 | 17,496 |
| Other | 17,914 | 17,897 | 32,608 | 27,516 |
| Total noninterest expense | 399,633 | 393,168 | 780,516 | 777,955 |
| Income before income taxes | 350,397 | 275,041 | 681,673 | 368,091 |
| Income tax expense | 72,827 | 57,647 | 142,665 | 69,364 |
| NET INCOME | 277,570 | 217,394 | 539,008 | 298,727 |
| Less: Preferred dividends | 5,812 | 2,012 | 11,625 | 4,025 |
| NET INCOME AVAILABLE TO COMMON SHAREHOLDERS | $ 271,758 | $ 215,382 | $ 527,383 | $ 294,702 |
| PER SHARE DATA | ||||
| Net income per common share - basic | $ 3.58 | $ 2.84 | $ 6.94 | $ 4.18 |
| Net income per common share - diluted | 3.56 | 2.82 | 6.9 | 4.16 |
| Dividends per common share | $ 0.43 | $ 0.4 | $ 0.86 | $ 0.8 |
| Weighted average common shares outstanding -- basic | 75,972,781 | 75,923,082 | 76,002,535 | 70,523,171 |
| Weighted average common shares outstanding -- diluted | 76,392,233 | 76,241,798 | 76,422,437 | 70,901,635 |
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- Definition Bankcard fees. No definition available.
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- Definition Brokerage fees. No definition available.
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- Definition Interest and dividend income on trading securities. No definition available.
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- Definition Interest income expense other. No definition available.
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- Definition Amounts expensed related to payment processing, including fraud losses, interchange, embossing, processing, and collection expense. No definition available.
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- Definition Amounts paid related to regulatory assessments, including FDIC insurance and bank examination expense. No definition available.
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- Definition Service charges on deposit accounts. No definition available.
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- Definition Trust and securities processing income. No definition available.
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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate dividends paid during the period for each share of common stock outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition This element represents equipment expense including depreciation, repairs, rentals, and service contract costs. This item also includes equipment purchases which do not qualify for capitalization in accordance with the entity's accounting policy. This item may also include furniture expenses. No definition available.
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- Definition Amount of realized and unrealized gain (loss) on investment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Income from agency and brokerage operations (includes sales of annuities and supplemental contracts); service charges, commissions, and fees from the sale of insurance and related services; and management fees from separate accounts, deferred annuities, and universal life products. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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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- References No definition available.
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- Definition Amount of operating dividend and interest income, including amortization and accretion of premiums and discounts, on securities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition The aggregate interest and fee income generated by: (1) loans the Entity has positive intent and ability to hold for the foreseeable future, or until maturity or payoff, including commercial and consumer loans, whether domestic or foreign, which may consist of: (a) industrial and agricultural; (b) real estate; and (c) real estate construction loans; (d) trade financing; (e) lease financing; (f) home equity lines-of-credit; (g) automobile and other vehicle loans; and (h) credit card and other revolving-type loans and (2) loans and leases held-for-sale which may include mortgage loans, direct financing, and sales-type leases. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition Aggregate amount of interest expense on all deposits. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate expense incurred on federal funds purchased and securities sold under agreements to repurchase. If amounts recognized as payables under repurchase agreements have been offset against amounts recognized as receivables under reverse repurchase agreements and reported as a net amount on the balance sheet, the income and expense from these agreements may be reported on a net basis. No definition available.
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- Definition Amount of interest expense classified as operating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Interest income derived from funds deposited with both domestic and foreign financial institutions including funds in money market and other accounts. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest income or expense, including any amortization and accretion (as applicable) of discounts and premiums, including consideration of the provisions for loan, lease, credit, and other related losses. 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 The aggregate interest income earned from (1) the lending of excess federal funds to another commercial bank requiring such for its legal reserve requirements and (2) securities purchased under agreements to resell. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of operating interest income, including amortization and accretion of premiums and discounts, on securities exempt from state, federal and other income tax. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of operating interest income, including amortization and accretion of premiums and discounts, on securities subject to state, federal and other income tax. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of fees and commissions from banking, advisory, brokerage, and securities underwriting activities. Activities include, but are not limited to, underwriting securities, private placements of securities, investment advisory and management services, merger and acquisition services, sale and servicing of mutual funds, and other related consulting fees. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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 amount of expense provided in the period for legal costs incurred on or before the balance sheet date pertaining to resolved, pending or threatened litigation, including arbitration and mediation proceedings. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The total expense recognized in the period for promotion, public relations, and brand or product advertising. 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 Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Total aggregate amount of all noninterest expense. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition Amount of expense for transfer agent and custodian services. Includes, but is not limited to, fee paid for maintaining investor record, account balance, and company's stock transaction and fee paid for holding and safeguarding assets of individual, mutual fund, and investment company. 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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- References No definition available.
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- Definition Amount of revenue earned, classified as other, excluding interest income. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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 noninterest expense classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The amount of preferred stock dividends that is an adjustment to net income apportioned to common stockholders. No definition available.
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- Definition Amount of expense related loan transactions, lease transactions, credit loss from transactions other than loan and lease transactions, and other loss based on assessment of uncollectability from the counterparty to reduce the account to their net realizable value. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expense associated with supplies that were used during the current accounting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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