v3.26.3
CONSOLIDATED STATEMENTS OF INCOME AND OTHER COMPREHENSIVE INCOME/(LOSS) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Interest income        
Interest and fees on loans $ 379,297 $ 379,017 $ 1,095,733 $ 1,077,525
Debt and equity securities 50,927 49,396 146,824 141,952
Interest bearing cash and cash equivalents 26,936 32,202 73,627 107,994
Total interest income 457,160 460,615 1,316,184 1,327,471
Interest expense        
Deposits 174,517 180,779 495,448 530,513
Short-term borrowings 84 534 5,996 12,224
Long-term debt 7,576 7,531 24,661 23,534
Total interest expense 182,177 188,844 526,105 566,271
Net interest income 274,983 271,771 790,079 761,200
Provision for credit losses 17,000 12,000 51,000 44,000
Net interest income after provision for credit losses 257,983 259,771 739,079 717,200
Non-interest income        
Service charges on deposit accounts 9,418 8,111 27,494 24,133
Wealth management and trust fee income 4,562 3,989 14,086 11,683
Brokered loan fees 2,075 2,419 6,184 6,766
Investment banking and advisory fees 35,294 33,985 98,832 74,572
Trading income 11,417 7,238 32,981 21,073
Other 18,877 12,841 46,450 30,755
Total non-interest income 81,643 68,583 226,027 167,096
Non-interest expense        
Salaries and benefits 121,625 119,856 384,311 371,651
Occupancy expense 13,230 11,828 37,994 34,816
Marketing 4,266 3,412 14,024 12,045
Legal and professional 12,000 12,474 38,680 38,532
Communications and technology 32,029 24,594 87,695 72,550
Federal Deposit Insurance Corporation insurance assessment 5,234 5,198 14,697 15,635
Available-for-sale debt securities gains/(losses) 0 0 0 (1,886)
Other 15,540 13,213 45,584 38,642
Total non-interest expense 203,924 190,575 622,985 583,871
Income before income taxes 135,702 137,779 342,121 300,425
Income tax expense 31,997 32,569 79,680 70,840
Net income 103,705 105,210 262,441 229,585
Preferred stock dividends (4,313) (4,313) (12,938) (12,938)
Net income available to common stockholders 99,392 100,897 249,503 216,647
Other comprehensive income        
Change in unrealized gain/(loss) (199,835) 30,909 (249,538) 101,226
Amounts reclassified into net income 2,772 6,172 7,935 26,498
Other comprehensive income/(loss) (197,063) 37,081 (241,603) 127,724
Income tax expense/(benefit) (45,324) 8,374 (55,569) 28,841
Other comprehensive income/(loss), net of tax (151,739) 28,707 (186,034) 98,883
Comprehensive income/(loss) $ (48,034) $ 133,917 $ 76,407 $ 328,468
Basic earnings per common share        
Basic earnings/(loss) per common share (in usd per share) $ 2.30 $ 2.21 $ 5.72 $ 4.72
Diluted earnings per common share        
Diluted earnings/(loss) per common share (in usd per share) $ 2.28 $ 2.18 $ 5.66 $ 4.67