| 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 June 30, 2026: | | | | | | | | | | | | | | Interest income | | $ | 816,613 | | | $ | 122,632 | | | $ | 8,874 | | | $ | 948,119 | | | $ | 13,293 | | | $ | 961,412 | | | Interest expense | | 346,163 | | | 17,784 | | | 99 | | | 364,046 | | | — | | | 364,046 | | | Net interest income | | 470,450 | | | 104,848 | | | 8,775 | | | 584,073 | | | 13,293 | | | 597,366 | | | Provision for credit losses | | 21,369 | | | 1,765 | | | — | | | 23,134 | | | — | | | 23,134 | | | Non-interest income | | 86,606 | | | 36,591 | | | 43,412 | | | 166,609 | | | (25,340) | | | 141,269 | | | Non-interest expense: | | | | | | | | | | | | | | Salaries | | 100,759 | | | 17,891 | | | 10,819 | | | 129,469 | | | 406 | | | 129,875 | | | Commissions and incentive compensation | | 37,327 | | | 11,454 | | | 13,682 | | | 62,463 | | | — | | | 62,463 | | | Benefits | | 32,487 | | | 6,631 | | | 2,633 | | | 41,751 | | | — | | | 41,751 | | Other segment expenses (1) | | 139,405 | | | 26,919 | | | 9,577 | | | 175,901 | | | (12,453) | | | 163,448 | | | Total non-interest expense | | 309,978 | | | 62,895 | | | 36,711 | | | 409,584 | | | (12,047) | | | 397,537 | | | Income before taxes | | 225,709 | | | 76,779 | | | 15,476 | | | 317,964 | | | — | | | 317,964 | | | Income tax expense | | 64,278 | | | 16,316 | | | 3,677 | | | 84,271 | | | — | | | 84,271 | | | Net income | | $ | 161,431 | | | $ | 60,463 | | | $ | 11,799 | | | $ | 233,693 | | | $ | — | | | $ | 233,693 | | | Total assets at period end | | $ | 59,218,299 | | | $ | 14,138,775 | | | $ | 1,311,061 | | | $ | 74,668,135 | | | $ | — | | | $ | 74,668,135 | | | Three Months Ended June 30, 2025: | | | | | | | | | | | | | | Interest income | | $ | 800,316 | | | $ | 102,737 | | | $ | 4,964 | | | $ | 908,017 | | | $ | 12,891 | | | $ | 920,908 | | | Interest expense | | 363,660 | | | 10,427 | | | 127 | | | 374,214 | | | — | | | 374,214 | | | Net interest income | | 436,656 | | | 92,310 | | | 4,837 | | | 533,803 | | | 12,891 | | | 546,694 | | | Provision for credit losses | | 20,478 | | | 1,756 | | | — | | | 22,234 | | | — | | | 22,234 | | | Non-interest income | | 75,498 | | | 33,524 | | | 39,538 | | | 148,560 | | | (24,471) | | | 124,089 | | | Non-interest expense: | | | | | | | | | | | | | | Salaries | | 96,902 | | | 15,638 | | | 10,103 | | | 122,643 | | | 531 | | | 123,174 | | | Commissions and incentive compensation | | 33,325 | | | 9,976 | | | 12,570 | | | 55,871 | | | — | | | 55,871 | | | Benefits | | 32,107 | | | 5,906 | | | 2,483 | | | 40,496 | | | — | | | 40,496 | | Other segment expenses (1) | | 139,710 | | | 25,090 | | | 9,231 | | | 174,031 | | | (12,111) | | | 161,920 | | | Total non-interest expense | | 302,044 | | | 56,610 | | | 34,387 | | | 393,041 | | | (11,580) | | | 381,461 | | | Income before taxes | | 189,632 | | | 67,468 | | | 9,988 | | | 267,088 | | | — | | | 267,088 | | | Income tax expense | | 50,499 | | | 18,672 | | | 2,390 | | | 71,561 | | | — | | | 71,561 | | | Net income | | $ | 139,133 | | | $ | 48,796 | | | $ | 7,598 | | | $ | 195,527 | | | $ | — | | | $ | 195,527 | | | Total assets at period end | | $ | 55,924,843 | | | $ | 12,062,568 | | | $ | 995,907 | | | $ | 68,983,318 | | | $ | — | | | $ | 68,983,318 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
(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 | | Six Months Ended June 30, 2026: | | | | | | | | | | | | | | Interest income | | $ | 1,598,115 | | | $ | 247,208 | | | $ | 19,356 | | | $ | 1,864,679 | | | $ | 24,293 | | | $ | 1,888,972 | | | Interest expense | | 677,067 | | | 35,277 | | | 238 | | | 712,582 | | | — | | | 712,582 | | | Net interest income | | 921,048 | | | 211,931 | | | 19,118 | | | 1,152,097 | | | 24,293 | | | 1,176,390 | | | Provision for credit losses | | 48,650 | | | 4,078 | | | — | | | 52,728 | | | — | | | 52,728 | | | Non-interest income | | 164,488 | | | 72,324 | | | 86,687 | | | 323,499 | | | (48,088) | | | 275,411 | | | Non-interest expense: | | | | | | | | | | | | | | Salaries | | 202,335 | | | 35,914 | | | 19,792 | | | 258,041 | | | 920 | | | 258,961 | | | Commissions and incentive compensation | | 70,455 | | | 21,316 | | | 28,099 | | | 119,870 | | | — | | | 119,870 | | | Benefits | | 64,730 | | | 13,271 | | | 5,704 | | | 83,705 | | | — | | | 83,705 | | Other segment expenses (1) | | 272,012 | | | 51,601 | | | 18,735 | | | 342,348 | | | (24,715) | | | 317,633 | | | Total non-interest expense | | 609,532 | | | 122,102 | | | 72,330 | | | 803,964 | | | (23,795) | | | 780,169 | | | Income before taxes | | 427,354 | | | 158,075 | | | 33,475 | | | 618,904 | | | — | | | 618,904 | | | Income tax expense | | 115,392 | | | 34,519 | | | 7,912 | | | 157,823 | | | — | | | 157,823 | | | Net income | | $ | 311,962 | | | $ | 123,556 | | | $ | 25,563 | | | $ | 461,081 | | | $ | — | | | $ | 461,081 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2025: | | | | | | | | | | | | | | Interest income | | $ | 1,569,284 | | | $ | 204,435 | | | $ | 10,495 | | | $ | 1,784,214 | | | $ | 23,659 | | | $ | 1,807,873 | | | Interest expense | | 713,617 | | | 20,818 | | | 270 | | | 734,705 | | | — | | | 734,705 | | | Net interest income | | 855,667 | | | 183,617 | | | 10,225 | | | 1,049,509 | | | 23,659 | | | 1,073,168 | | | Provision for credit losses | | 42,906 | | | 3,291 | | | — | | | 46,197 | | | — | | | 46,197 | | | Non-interest income | | 148,991 | | | 64,563 | | | 73,328 | | | 286,882 | | | (46,159) | | | 240,723 | | | Non-interest expense: | | | | | | | | | | | | | | Salaries | | 195,488 | | | 31,400 | | | 19,207 | | | 246,095 | | | 996 | | | 247,091 | | | Commissions and incentive compensation | | 65,462 | | | 19,017 | | | 23,928 | | | 108,407 | | | — | | | 108,407 | | | Benefits | | 59,481 | | | 10,624 | | | 5,464 | | | 75,569 | | | — | | | 75,569 | | Other segment expenses (1) | | 272,200 | | | 48,535 | | | 19,245 | | | 339,980 | | | (23,496) | | | 316,484 | | | Total non-interest expense | | 592,631 | | | 109,576 | | | 67,844 | | | 770,051 | | | (22,500) | | | 747,551 | | | Income before taxes | | 369,121 | | | 135,313 | | | 15,709 | | | 520,143 | | | — | | | 520,143 | | | Income tax expense | | 95,718 | | | 36,224 | | | 3,635 | | | 135,577 | | | — | | | 135,577 | | | Net income | | $ | 273,403 | | | $ | 99,089 | | | $ | 12,074 | | | $ | 384,566 | | | $ | — | | | $ | 384,566 | | | | | | | | | | | | | | | | | | | | | | | | | | | |
(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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