v3.26.1
Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting  
Schedule of information about the General Banking Unit

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Three Months Ended

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Six Months Ended

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June 30,

​

June 30,

(Dollars in thousands)

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2026

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2025

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2026

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2025

Net Income (GAAP)

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Interest income

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$

838,259

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$

840,504

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$

1,655,088

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$

1,649,070

Interest expense

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262,310

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262,556

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517,534

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526,575

Net interest income (a)

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575,949

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577,948

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1,137,554

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1,122,495

Provision for credit losses

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15,919

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7,505

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26,727

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108,067

Net interest income after provision for credit losses

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560,030

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570,443

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1,110,827

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1,014,428

Total noninterest income

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Securities (losses) gain, net

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—

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—

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—

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(228,811)

Gain on sale-leaseback, net of transaction costs

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—

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—

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—

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229,279

Other operating noninterest income

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96,726

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86,817

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196,824

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172,437

Total noninterest income

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96,726

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86,817

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196,824

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172,905

Total noninterest expense

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Employee salaries

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144,142

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135,895

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286,612

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271,623

Employee commissions

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19,221

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14,278

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35,333

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25,554

Employee incentives

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34,119

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33,623

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63,776

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62,389

Other salaries and benefits

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35,872

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36,353

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73,442

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73,318

Deferred loan costs

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(27,977)

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(19,987)

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(48,133)

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(36,911)

Salaries and employee benefits

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205,377

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200,162

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411,030

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395,973

Occupancy expense

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43,878

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41,507

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86,180

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77,000

Information services expense

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29,136

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30,155

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58,840

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61,517

Professional fees

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5,090

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4,658

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10,329

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9,367

Amortization of intangibles

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21,041

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24,048

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42,345

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47,879

Business development and staff related

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10,639

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7,182

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22,001

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13,692

FDIC assessment and other regulatory charges

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10,753

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11,469

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21,010

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22,727

Merger and branch consolidation related expense

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—

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24,379

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—

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92,385

Other operating expense

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31,835

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31,501

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65,538

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63,347

Total noninterest expense

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357,749

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375,061

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717,273

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783,887

Income before income tax provision

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299,007

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282,199

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590,378

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403,446

Income tax provision

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68,985

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66,975

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134,536

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​

99,142

Net income (GAAP)

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$

230,022

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$

215,224

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$

455,842

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$

304,304

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Net Interest Margin, Non-Tax Equivalent ("Non-TE") (GAAP)

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Average interest earning assets (b)

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$

61,133,759

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$

57,710,001

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$

60,670,045

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$

57,604,313

Net interest margin, non-TE ((a)/(b)) (GAAP)

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3.78%

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4.02%

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3.78%

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3.93%

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