| Schedule of Segment Information |
The following tables disclose financial information by reportable segment for the periods presented ($ in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended June 30, 2026 |
|
General Banking |
|
|
Wealth Management |
|
|
Consolidated |
|
Interest income |
|
$ |
234,175 |
|
|
$ |
3,258 |
|
|
$ |
237,433 |
|
Interest expense |
|
|
70,384 |
|
|
|
1,419 |
|
|
|
71,803 |
|
Funds transfer pricing, net |
|
|
(1,194 |
) |
|
|
1,194 |
|
|
|
— |
|
Net interest income |
|
|
162,597 |
|
|
|
3,033 |
|
|
|
165,630 |
|
PCL |
|
|
(3,240 |
) |
|
|
(4 |
) |
|
|
(3,244 |
) |
Net interest income after PCL |
|
|
165,837 |
|
|
|
3,037 |
|
|
|
168,874 |
|
Service charges on deposit accounts |
|
|
10,299 |
|
|
|
76 |
|
|
|
10,375 |
|
Bank card and other fees |
|
|
8,742 |
|
|
|
1 |
|
|
|
8,743 |
|
Mortgage banking, net |
|
|
8,914 |
|
|
|
— |
|
|
|
8,914 |
|
Wealth management |
|
|
161 |
|
|
|
10,761 |
|
|
|
10,922 |
|
Other, net |
|
|
3,528 |
|
|
|
89 |
|
|
|
3,617 |
|
Internal allocations |
|
|
(131 |
) |
|
|
131 |
|
|
|
— |
|
Noninterest income |
|
|
31,513 |
|
|
|
11,058 |
|
|
|
42,571 |
|
Salaries and employee benefits |
|
|
67,304 |
|
|
|
5,686 |
|
|
|
72,990 |
|
Services and fees |
|
|
29,022 |
|
|
|
726 |
|
|
|
29,748 |
|
Other segment expenses (1) |
|
|
30,399 |
|
|
|
546 |
|
|
|
30,945 |
|
Internal allocations |
|
|
(1,873 |
) |
|
|
1,873 |
|
|
|
— |
|
Noninterest expense |
|
|
124,852 |
|
|
|
8,831 |
|
|
|
133,683 |
|
Income before income taxes |
|
|
72,498 |
|
|
|
5,264 |
|
|
|
77,762 |
|
Income taxes |
|
|
12,936 |
|
|
|
1,304 |
|
|
|
14,240 |
|
Consolidated net income |
|
$ |
59,562 |
|
|
$ |
3,960 |
|
|
$ |
63,522 |
|
|
|
|
|
|
|
|
|
|
|
Selected Financial Information |
|
|
|
|
|
|
|
|
|
Total assets |
|
$ |
18,969,028 |
|
|
$ |
223,442 |
|
|
$ |
19,192,470 |
|
Depreciation and amortization |
|
$ |
10,411 |
|
|
$ |
64 |
|
|
$ |
10,475 |
|
(1)Other segment expenses for the General Banking Segment include net occupancy-premises, equipment expense, FDIC assessment expense, other real estate expense, net, loan expense and other miscellaneous expense. Other segment expenses for the Wealth Management Segment include net occupancy-premises, equipment expense, FDIC assessment expense, loan expense and other miscellaneous expense.
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended June 30, 2025 |
|
General Banking |
|
|
Wealth Management |
|
|
Consolidated |
|
Interest income |
|
$ |
234,301 |
|
|
$ |
3,127 |
|
|
$ |
237,428 |
|
Interest expense |
|
|
77,799 |
|
|
|
873 |
|
|
|
78,672 |
|
Funds transfer pricing, net |
|
|
253 |
|
|
|
(253 |
) |
|
|
— |
|
Net interest income |
|
|
156,755 |
|
|
|
2,001 |
|
|
|
158,756 |
|
PCL |
|
|
4,693 |
|
|
|
(17 |
) |
|
|
4,676 |
|
Net interest income after PCL |
|
|
152,062 |
|
|
|
2,018 |
|
|
|
154,080 |
|
Service charges on deposit accounts |
|
|
10,562 |
|
|
|
23 |
|
|
|
10,585 |
|
Bank card and other fees |
|
|
8,716 |
|
|
|
38 |
|
|
|
8,754 |
|
Mortgage banking, net |
|
|
8,602 |
|
|
|
— |
|
|
|
8,602 |
|
Wealth management |
|
|
196 |
|
|
|
9,442 |
|
|
|
9,638 |
|
Other, net |
|
|
2,257 |
|
|
|
54 |
|
|
|
2,311 |
|
Internal allocations |
|
|
(93 |
) |
|
|
93 |
|
|
|
— |
|
Noninterest income |
|
|
30,240 |
|
|
|
9,650 |
|
|
|
39,890 |
|
Salaries and employee benefits |
|
|
62,831 |
|
|
|
5,467 |
|
|
|
68,298 |
|
Services and fees |
|
|
26,357 |
|
|
|
641 |
|
|
|
26,998 |
|
Other segment expenses (1) |
|
|
29,425 |
|
|
|
393 |
|
|
|
29,818 |
|
Internal allocations |
|
|
(1,486 |
) |
|
|
1,486 |
|
|
|
— |
|
Noninterest expense |
|
|
117,127 |
|
|
|
7,987 |
|
|
|
125,114 |
|
Income before income taxes |
|
|
65,175 |
|
|
|
3,681 |
|
|
|
68,856 |
|
Income taxes |
|
|
12,100 |
|
|
|
915 |
|
|
|
13,015 |
|
Consolidated net income |
|
$ |
53,075 |
|
|
$ |
2,766 |
|
|
$ |
55,841 |
|
|
|
|
|
|
|
|
|
|
|
Selected Financial Information |
|
|
|
|
|
|
|
|
|
Total assets |
|
$ |
18,417,303 |
|
|
$ |
198,356 |
|
|
$ |
18,615,659 |
|
Depreciation and amortization |
|
$ |
9,851 |
|
|
$ |
63 |
|
|
$ |
9,914 |
|
(1)Other segment expenses for the General Banking Segment include net occupancy-premises, equipment expense, FDIC assessment expense, other real estate expense, net, loan expense and other miscellaneous expense. Other segment expenses for the Wealth Management Segment include net occupancy-premises, equipment expense, FDIC assessment expense, loan expense and other miscellaneous expense.
|
|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended June 30, 2026 |
|
General Banking |
|
|
Wealth Management |
|
|
Consolidated |
|
Interest income |
|
$ |
463,156 |
|
|
$ |
6,347 |
|
|
$ |
469,503 |
|
Interest expense |
|
|
140,467 |
|
|
|
2,847 |
|
|
|
143,314 |
|
Funds transfer pricing, net |
|
|
(2,453 |
) |
|
|
2,453 |
|
|
|
— |
|
Net interest income |
|
|
320,236 |
|
|
|
5,953 |
|
|
|
326,189 |
|
PCL |
|
|
(727 |
) |
|
|
223 |
|
|
|
(504 |
) |
Net interest income after PCL |
|
|
320,963 |
|
|
|
5,730 |
|
|
|
326,693 |
|
Service charges on deposit accounts |
|
|
20,884 |
|
|
|
145 |
|
|
|
21,029 |
|
Bank card and other fees |
|
|
16,699 |
|
|
|
32 |
|
|
|
16,731 |
|
Mortgage banking, net |
|
|
17,848 |
|
|
|
— |
|
|
|
17,848 |
|
Wealth management |
|
|
314 |
|
|
|
21,001 |
|
|
|
21,315 |
|
Other, net |
|
|
7,807 |
|
|
|
186 |
|
|
|
7,993 |
|
Internal allocations |
|
|
(227 |
) |
|
|
227 |
|
|
|
— |
|
Noninterest income |
|
|
63,325 |
|
|
|
21,591 |
|
|
|
84,916 |
|
Salaries and employee benefits |
|
|
135,400 |
|
|
|
11,832 |
|
|
|
147,232 |
|
Services and fees |
|
|
56,271 |
|
|
|
1,421 |
|
|
|
57,692 |
|
Other segment expenses (1) |
|
|
59,835 |
|
|
|
1,083 |
|
|
|
60,918 |
|
Internal allocations |
|
|
(3,754 |
) |
|
|
3,754 |
|
|
|
— |
|
Noninterest expense |
|
|
247,752 |
|
|
|
18,090 |
|
|
|
265,842 |
|
Income before income taxes |
|
|
136,536 |
|
|
|
9,231 |
|
|
|
145,767 |
|
Income taxes |
|
|
23,842 |
|
|
|
2,288 |
|
|
|
26,130 |
|
Consolidated net income |
|
$ |
112,694 |
|
|
$ |
6,943 |
|
|
$ |
119,637 |
|
|
|
|
|
|
|
|
|
|
|
Selected Financial Information |
|
|
|
|
|
|
|
|
|
Total assets |
|
$ |
18,969,028 |
|
|
$ |
223,442 |
|
|
$ |
19,192,470 |
|
Depreciation and amortization |
|
$ |
19,989 |
|
|
$ |
129 |
|
|
$ |
20,118 |
|
(1)Other segment expenses for the General Banking Segment include net occupancy-premises, equipment expense, FDIC assessment expense, other real estate expense, net, loan expense and other miscellaneous expense. Other segment expenses for the Wealth Management Segment include net occupancy-premises, equipment expense, FDIC assessment expense, loan expense and other miscellaneous expense.
|
|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended June 30, 2025 |
|
General Banking |
|
|
Wealth Management |
|
|
Consolidated |
|
Interest income |
|
$ |
460,459 |
|
|
$ |
6,116 |
|
|
$ |
466,575 |
|
Interest expense |
|
|
154,096 |
|
|
|
1,668 |
|
|
|
155,764 |
|
Funds transfer pricing, net |
|
|
713 |
|
|
|
(713 |
) |
|
|
— |
|
Net interest income |
|
|
307,076 |
|
|
|
3,735 |
|
|
|
310,811 |
|
PCL |
|
|
9,990 |
|
|
|
(20 |
) |
|
|
9,970 |
|
Net interest income after PCL |
|
|
297,086 |
|
|
|
3,755 |
|
|
|
300,841 |
|
Service charges on deposit accounts |
|
|
21,177 |
|
|
|
44 |
|
|
|
21,221 |
|
Bank card and other fees |
|
|
16,341 |
|
|
|
77 |
|
|
|
16,418 |
|
Mortgage banking, net |
|
|
17,373 |
|
|
|
— |
|
|
|
17,373 |
|
Wealth management |
|
|
377 |
|
|
|
18,804 |
|
|
|
19,181 |
|
Other, net |
|
|
8,175 |
|
|
|
106 |
|
|
|
8,281 |
|
Internal allocations |
|
|
(189 |
) |
|
|
189 |
|
|
|
— |
|
Noninterest income |
|
|
63,254 |
|
|
|
19,220 |
|
|
|
82,474 |
|
Salaries and employee benefits |
|
|
125,702 |
|
|
|
11,088 |
|
|
|
136,790 |
|
Services and fees |
|
|
51,956 |
|
|
|
1,289 |
|
|
|
53,245 |
|
Other segment expenses (1) |
|
|
58,272 |
|
|
|
818 |
|
|
|
59,090 |
|
Internal allocations |
|
|
(2,968 |
) |
|
|
2,968 |
|
|
|
— |
|
Noninterest expense |
|
|
232,962 |
|
|
|
16,163 |
|
|
|
249,125 |
|
Income before income taxes |
|
|
127,378 |
|
|
|
6,812 |
|
|
|
134,190 |
|
Income taxes |
|
|
23,022 |
|
|
|
1,694 |
|
|
|
24,716 |
|
Consolidated net income |
|
$ |
104,356 |
|
|
$ |
5,118 |
|
|
$ |
109,474 |
|
|
|
|
|
|
|
|
|
|
|
Selected Financial Information |
|
|
|
|
|
|
|
|
|
Total assets |
|
$ |
18,417,303 |
|
|
$ |
198,356 |
|
|
$ |
18,615,659 |
|
Depreciation and amortization |
|
$ |
18,360 |
|
|
$ |
125 |
|
|
$ |
18,485 |
|
(1)Other segment expenses for the General Banking Segment include net occupancy-premises, equipment expense, FDIC assessment expense, other real estate expense, net, loan expense and other miscellaneous expense. Other segment expenses for the Wealth Management Segment include net occupancy-premises, equipment expense, FDIC assessment expense, loan expense and other miscellaneous expense.
|