Segment Reporting (Tables) |
9 Months Ended |
|---|---|
Sep. 30, 2026 | |
| Segment Reporting | |
| Schedule of information about the General Banking Unit |
Three Months Ended
Nine Months Ended
September 30,
September 30,
(Dollars in thousands)
2026
2025
2026
2025
Net Income (GAAP)
Interest income
$
864,856
$
881,682
$
2,519,944
$
2,530,752
Interest expense
273,338
281,985
790,872
808,560
Net interest income (a)
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
Total noninterest income
Securities losses, net
—
—
—
(228,811 )
Gain on sale-leaseback, net of transaction costs
—
—
—
229,279
Other operating noninterest income
93,911
99,086
290,735
271,523
Total noninterest income
93,911
99,086
290,735
271,991
Total noninterest expense
Employee salaries
148,312
136,630
434,924
408,253
Employee commissions
17,782
15,656
53,115
41,210
Employee incentives
39,523
32,612
103,299
95,001
Other salaries and benefits
35,429
34,957
108,871
108,275
Deferred loan costs
(23,809 )
(20,707 )
(71,942 )
(57,618 )
Salaries and employee benefits
217,237
199,148
628,267
595,121
Occupancy expense
44,136
40,874
130,316
117,874
Information services expense
29,968
28,988
88,808
90,505
Professional fees
5,898
4,994
16,227
14,361
Amortization of intangibles
20,628
23,426
62,973
71,305
Business development and staff related
10,877
8,907
32,877
22,600
FDIC assessment and other regulatory charges
10,911
8,374
31,921
31,101
Merger and branch consolidation related expense
—
20,889
—
113,274
Other operating expense
35,108
36,742
100,647
100,088
Total noninterest expense
374,763
372,342
1,092,036
1,156,229
Income before income tax provision
290,321
321,356
880,699
724,802
Income tax provision
66,523
74,715
201,059
173,857
Net income (GAAP)
$
223,798
$
246,641
$
679,640
$
550,945
Net Interest Margin, Non-Tax Equivalent ("Non-TE") (GAAP)
Average interest earning assets (b)
$
62,217,447
$
58,727,110
$
61,191,513
$
57,982,690
Net interest margin, non-TE ((a)/(b)) (GAAP)
3.77 %
4.05 %
3.78 %
3.97 % |