| Schedule of Operating Information for Reportable Segments |
The following is a summary of certain operating information for reportable segments: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | | Community Banking | | Specialty Finance | | Wealth Management | | Total Operating Segments | | Intersegment Eliminations | | Consolidated | | Three Months Ended September 30, 2026: | | | | | | | | | | | | | | Interest income | | $ | 851,622 | | | $ | 130,857 | | | $ | 9,488 | | | $ | 991,967 | | | $ | 10,894 | | | $ | 1,002,861 | | | Interest expense | | 358,955 | | | 22,197 | | | 105 | | | 381,257 | | | — | | | 381,257 | | | Net interest income | | 492,667 | | | 108,660 | | | 9,383 | | | 610,710 | | | 10,894 | | | 621,604 | | | Provision for credit losses | | 23,379 | | | 2,500 | | | — | | | 25,879 | | | — | | | 25,879 | | | Non-interest income | | 82,313 | | | 34,777 | | | 42,522 | | | 159,612 | | | (23,339) | | | 136,273 | | | Non-interest expense: | | | | | | | | | | | | | | Salaries | | 100,205 | | | 18,564 | | | 9,504 | | | 128,273 | | | 345 | | | 128,618 | | | Commissions and incentive compensation | | 35,264 | | | 11,472 | | | 15,175 | | | 61,911 | | | — | | | 61,911 | | | Benefits | | 31,243 | | | 6,176 | | | 2,604 | | | 40,023 | | | — | | | 40,023 | | Other segment expenses (1) | | 151,555 | | | 26,912 | | | 9,436 | | | 187,903 | | | (12,790) | | | 175,113 | | | Total non-interest expense | | 318,267 | | | 63,124 | | | 36,719 | | | 418,110 | | | (12,445) | | | 405,665 | | | Income before taxes | | 233,334 | | | 77,813 | | | 15,186 | | | 326,333 | | | — | | | 326,333 | | | Income tax expense | | 64,889 | | | 18,356 | | | 4,034 | | | 87,279 | | | — | | | 87,279 | | | Net income | | $ | 168,445 | | | $ | 59,457 | | | $ | 11,152 | | | $ | 239,054 | | | $ | — | | | $ | 239,054 | | | Total assets at period end | | $ | 60,142,857 | | | $ | 14,527,305 | | | $ | 1,301,458 | | | $ | 75,971,620 | | | $ | — | | | $ | 75,971,620 | | | Three Months Ended September 30, 2025: | | | | | | | | | | | | | | Interest income | | $ | 838,871 | | | $ | 107,840 | | | $ | 5,697 | | | $ | 952,408 | | | $ | 11,426 | | | $ | 963,834 | | | Interest expense | | 386,326 | | | 10,410 | | | 88 | | | 396,824 | | | — | | | 396,824 | | | Net interest income | | 452,545 | | | 97,430 | | | 5,609 | | | 555,584 | | | 11,426 | | | 567,010 | | | Provision for credit losses | | 20,059 | | | 1,709 | | | — | | | 21,768 | | | — | | | 21,768 | | | Non-interest income | | 82,507 | | | 32,221 | | | 39,663 | | | 154,391 | | | (23,564) | | | 130,827 | | | Non-interest expense: | | | | | | | | | | | | | | Salaries | | 97,900 | | | 16,464 | | | 9,761 | | | 124,125 | | | 498 | | | 124,623 | | | Commissions and incentive compensation | | 33,175 | | | 10,445 | | | 12,624 | | | 56,244 | | | — | | | 56,244 | | | Benefits | | 30,577 | | | 5,775 | | | 2,449 | | | 38,801 | | | — | | | 38,801 | | Other segment expenses (1) | | 140,977 | | | 23,702 | | | 8,317 | | | 172,996 | | | (12,636) | | | 160,360 | | | Total non-interest expense | | 302,629 | | | 56,386 | | | 33,151 | | | 392,166 | | | (12,138) | | | 380,028 | | | Income before taxes | | 212,364 | | | 71,556 | | | 12,121 | | | 296,041 | | | — | | | 296,041 | | | Income tax expense | | 57,753 | | | 18,990 | | | 3,044 | | | 79,787 | | | — | | | 79,787 | | | Net income | | $ | 154,611 | | | $ | 52,566 | | | $ | 9,077 | | | $ | 216,254 | | | $ | — | | | $ | 216,254 | | | Total assets at period end | | $ | 56,437,776 | | | $ | 12,187,079 | | | $ | 1,004,783 | | | $ | 69,629,638 | | | $ | — | | | $ | 69,629,638 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
(1)Other segment expenses include non-interest expense categories such as ‘Software & Equipment’, ‘Data processing’, ‘Advertising and Marketing’, ‘FDIC Insurance’, and ‘Occupancy’. See “Non-Interest Expense” under Management’s Discussion and Analysis of Financial Condition and Results of Operations in Item 2 of this Form 10-Q for further discussion on non-interest expense. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | | Community Banking | | Specialty Finance | | Wealth Management | | Total Operating Segments | | Intersegment Eliminations | | Consolidated | | Nine Months Ended September 30, 2026: | | | | | | | | | | | | | | Interest income | | $ | 2,449,737 | | | $ | 378,065 | | | $ | 28,844 | | | $ | 2,856,646 | | | $ | 35,187 | | | $ | 2,891,833 | | | Interest expense | | 1,036,022 | | | 57,474 | | | 343 | | | 1,093,839 | | | — | | | 1,093,839 | | | Net interest income | | 1,413,715 | | | 320,591 | | | 28,501 | | | 1,762,807 | | | 35,187 | | | 1,797,994 | | | Provision for credit losses | | 72,029 | | | 6,578 | | | — | | | 78,607 | | | — | | | 78,607 | | | Non-interest income | | 246,801 | | | 107,101 | | | 129,209 | | | 483,111 | | | (71,427) | | | 411,684 | | | Non-interest expense: | | | | | | | | | | | | | | Salaries | | 302,540 | | | 54,478 | | | 29,296 | | | 386,314 | | | 1,265 | | | 387,579 | | | Commissions and incentive compensation | | 105,719 | | | 32,788 | | | 43,274 | | | 181,781 | | | — | | | 181,781 | | | Benefits | | 95,973 | | | 19,447 | | | 8,308 | | | 123,728 | | | — | | | 123,728 | | Other segment expenses (1) | | 423,567 | | | 78,513 | | | 28,171 | | | 530,251 | | | (37,505) | | | 492,746 | | | Total non-interest expense | | 927,799 | | | 185,226 | | | 109,049 | | | 1,222,074 | | | (36,240) | | | 1,185,834 | | | Income before taxes | | 660,688 | | | 235,888 | | | 48,661 | | | 945,237 | | | — | | | 945,237 | | | Income tax expense | | 180,281 | | | 52,875 | | | 11,946 | | | 245,102 | | | — | | | 245,102 | | | Net income | | $ | 480,407 | | | $ | 183,013 | | | $ | 36,715 | | | $ | 700,135 | | | $ | — | | | $ | 700,135 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, 2025: | | | | | | | | | | | | | | Interest income | | $ | 2,408,155 | | | $ | 312,275 | | | $ | 16,192 | | | $ | 2,736,622 | | | $ | 35,085 | | | $ | 2,771,707 | | | Interest expense | | 1,099,943 | | | 31,228 | | | 358 | | | 1,131,529 | | | — | | | 1,131,529 | | | Net interest income | | 1,308,212 | | | 281,047 | | | 15,834 | | | 1,605,093 | | | 35,085 | | | 1,640,178 | | | Provision for credit losses | | 62,965 | | | 5,000 | | | — | | | 67,965 | | | — | | | 67,965 | | | Non-interest income | | 231,498 | | | 96,784 | | | 112,991 | | | 441,273 | | | (69,723) | | | 371,550 | | | Non-interest expense: | | | | | | | | | | | | | | Salaries | | 293,388 | | | 47,864 | | | 28,968 | | | 370,220 | | | 1,494 | | | 371,714 | | | Commissions and incentive compensation | | 98,637 | | | 29,462 | | | 36,552 | | | 164,651 | | | — | | | 164,651 | | | Benefits | | 90,058 | | | 16,399 | | | 7,913 | | | 114,370 | | | — | | | 114,370 | | Other segment expenses (1) | | 413,177 | | | 72,237 | | | 27,562 | | | 512,976 | | | (36,132) | | | 476,844 | | | Total non-interest expense | | 895,260 | | | 165,962 | | | 100,995 | | | 1,162,217 | | | (34,638) | | | 1,127,579 | | | Income before taxes | | 581,485 | | | 206,869 | | | 27,830 | | | 816,184 | | | — | | | 816,184 | | | Income tax expense | | 153,471 | | | 55,214 | | | 6,679 | | | 215,364 | | | — | | | 215,364 | | | Net income | | $ | 428,014 | | | $ | 151,655 | | | $ | 21,151 | | | $ | 600,820 | | | $ | — | | | $ | 600,820 | | | | | | | | | | | | | | | | | | | | | | | | | | | |
(1)Other segment expenses include non-interest expense categories such as ‘Software & Equipment’, ‘Data processing’, ‘Advertising and Marketing’, ‘FDIC Insurance’, and ‘Occupancy’. See “Non-Interest Expense” under Management’s Discussion and Analysis of Financial Condition and Results of Operations in Item 2 of this Form 10-Q for further discussion on non-interest expense.
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