v3.26.3
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Interest income:        
Loans, including fees $ 772,100 $ 782,382 $ 2,238,322 $ 2,253,471
Investment securities:        
Taxable 73,908 69,549 219,240 191,499
Tax-exempt 8,987 6,480 24,492 20,132
Federal funds sold, securities purchased under agreements to resell and interest-bearing deposits with banks 9,861 23,271 37,890 65,650
Total interest income 864,856 881,682 2,519,944 2,530,752
Interest expense:        
Deposits 256,051 257,271 738,789 744,820
Federal funds purchased and securities sold under agreements to repurchase 3,774 5,167 12,062 15,482
Corporate and subordinated debentures 12,564 19,547 37,587 47,610
Other borrowings 949   2,434 648
Total interest expense 273,338 281,985 790,872 808,560
Net interest income 591,518 599,697 1,729,072 1,722,192
Provision for credit losses 20,345 5,085 47,072 113,152
Net interest income after provision for credit losses 571,173 594,612 1,682,000 1,609,040
Noninterest income:        
Securities losses, net       (228,811)
Gain on sale-leaseback, net of transaction costs       229,279
Bank owned life insurance income 9,929 10,597 29,047 29,949
Other income 5,139 5,094 14,799 18,041
Total noninterest income 93,911 99,086 290,735 271,991
Noninterest expense:        
Salaries and employee benefits 217,237 199,148 628,267 595,121
Information services expense 29,968 28,988 88,808 90,505
OREO and loan related expense 3,106 5,427 8,436 9,506
Occupancy expense 44,136 40,874 130,316 117,874
Merger, branch consolidation, severance-related, and other expense   20,889   113,274
FDIC assessment and other regulatory charges 10,911 8,374 31,921 31,101
Supplies, printing and postage expense 3,472 3,278 10,611 10,376
Amortization of intangibles 20,628 23,426 62,973 71,305
Professional fees 5,898 4,994 16,227 14,361
Advertising and marketing 4,178 2,980 11,339 8,280
Other expense 35,229 33,964 103,138 94,526
Total noninterest expense 374,763 372,342 1,092,036 1,156,229
Earnings:        
Income before provision for income taxes 290,321 321,356 880,699 724,802
Provision for income taxes 66,523 74,715 201,059 173,857
Net income $ 223,798 $ 246,641 $ 679,640 $ 550,945
Earnings per common share:        
Basic (in dollars per share) $ 2.31 $ 2.44 $ 6.96 $ 5.43
Diluted (in dollars per share) $ 2.3 $ 2.42 $ 6.93 $ 5.41
Weighted average common shares outstanding:        
Basic (in shares) 96,923 101,218 97,583 101,374
Diluted (in shares) 97,429 101,735 98,002 101,807
Fees on deposit accounts        
Noninterest income:        
Noninterest income $ 42,811 $ 42,572 $ 123,078 $ 116,374
Mortgage banking income        
Noninterest income:        
Noninterest income 5,630 5,462 21,536 19,135
Trust and investment services income        
Noninterest income:        
Noninterest income 15,838 14,157 45,473 43,508
Correspondent banking and capital markets income        
Noninterest income:        
Noninterest income $ 14,564 $ 21,204 $ 56,802 $ 44,516