v3.26.3
CONSOLIDATED STATEMENTS OF INCOME - UNAUDITED - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Interest income:        
Loans $ 314,391 $ 324,390 $ 937,544 $ 973,864
Investment securities 110,066 120,419 323,899 351,634
Other 5,570 8,113 17,280 24,892
Total interest income 430,027 452,922 1,278,723 1,350,390
Interest expense:        
Deposits 140,326 163,555 435,625 508,460
Borrowings 29,047 39,255 78,129 112,560
Total interest expense 169,373 202,810 513,754 621,020
Net interest income before provision for credit losses 260,654 250,112 764,969 729,370
Provision for credit losses 8,952 11,577 49,097 42,386
Net interest income after provision for credit losses 251,702 238,535 715,872 686,984
Non-interest income:        
Deposit service charges and fees 6,434 5,387 18,963 15,945
Gain (loss) on investment securities, net (2,305) 648 1,926 1,940
Lease financing, net 1,715 4,152 8,947 13,077
Capital markets income 6,261 6,269 18,026 18,290
Other non-interest income 7,680 9,110 25,862 26,394
Total non-interest income 19,785 25,566 73,724 75,646
Non-interest expense:        
Employee compensation and benefits 89,648 85,196 275,769 251,095
Occupancy and equipment 11,439 10,929 33,633 33,217
Deposit insurance expense 5,535 6,601 9,843 20,804
Technology 20,789 21,630 66,114 67,902
Depreciation of operating lease equipment 3,396 4,423 9,931 12,301
Deposit-related costs 23,595 19,197 63,297 52,740
Other non-interest expense 20,156 18,193 57,982 52,663
Total non-interest expense 174,558 166,169 516,569 490,722
Income before income taxes 96,929 97,932 273,027 271,908
Provision for income taxes 24,759 26,081 68,319 72,815
Net income $ 72,170 $ 71,851 $ 204,708 $ 199,093
Earnings per common share, basic (in dollars per share) $ 1.02 $ 0.96 $ 2.82 $ 2.65
Earnings per common share, diluted (in dollars per share) $ 1.01 $ 0.95 $ 2.80 $ 2.63