v3.26.1
CONSOLIDATED STATEMENTS OF INCOME AND OTHER COMPREHENSIVE INCOME/(LOSS) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest income    
Interest and fees on loans $ 348,020 $ 334,150
Debt and equity securities 49,590 46,565
Interest bearing cash and cash equivalents 21,484 46,574
Total interest income 419,094 427,289
Interest expense    
Deposits 153,904 174,936
Short-term borrowings 2,360 8,246
Long-term debt 8,111 8,073
Total interest expense 164,375 191,255
Net interest income 254,719 236,034
Provision for credit losses 16,000 17,000
Net interest income after provision for credit losses 238,719 219,034
Non-interest income    
Service charges on deposit accounts 9,223 7,840
Wealth management and trust fee income 4,388 3,964
Brokered loan fees 2,006 1,949
Investment banking and advisory fees 32,016 16,478
Trading income 10,251 5,939
Other 11,382 8,274
Total non-interest income 69,266 44,444
Non-interest expense    
Salaries and benefits 139,347 131,641
Occupancy expense 12,405 10,844
Marketing 4,972 5,009
Legal and professional 11,980 14,989
Communications and technology 27,172 23,642
Federal Deposit Insurance Corporation insurance assessment 4,877 5,341
Other 12,815 11,554
Total non-interest expense 213,568 203,020
Income before income taxes 94,417 60,458
Income tax expense 20,629 13,411
Net income 73,788 47,047
Preferred stock dividends (4,313) (4,313)
Net income available to common stockholders 69,475 42,734
Other comprehensive income    
Change in unrealized gain/(loss) (31,328) 50,279
Amounts reclassified into net income 2,557 10,359
Other comprehensive income/(loss) (28,771) 60,638
Income tax expense/(benefit) (6,617) 13,693
Other comprehensive income/(loss), net of tax (22,154) 46,945
Comprehensive income $ 51,634 $ 93,992
Basic earnings per common share    
Basic earnings/(loss) per common share (in usd per share) $ 1.58 $ 0.93
Diluted earnings per common share    
Diluted earnings/(loss) per common share (in usd per share) $ 1.56 $ 0.92