Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2023

Accounting Policies [Abstract]

Supplemental Cash Flow Information

Cash Flow Information — Supplemental cash flow information addressing certain cash and noncash transactions for the nine months ended September 30, 2023 and 2022 was as follows (in thousands):

	For the nine months ended September 30,
	2023		2022
Cash Transactions:
Interest paid	$	714,827	$	114,326
Income taxes paid, net	96,698		115,090
Operating lease payments	22,648		13,528
Noncash Transactions:
Loans charged-off to the allowance for credit losses	57,616		33,384
Loans foreclosed upon and transferred to other real estate owned	435		65
Loans foreclosed upon and transferred to other assets	561		—
Available-for-sale securities transferred to held-to-maturity portfolio	—		1,059,737
Right-of-use asset recognized during the period in exchange for lease obligations	195,995		31,333

Basic and Diluted Earnings Per Share Calculations

The following is a summary of the basic and diluted net income per common share calculations for the three and nine months ended September 30, 2023 and 2022 (in thousands, except per share data):

	Three months ended September 30,				Nine months ended September 30,
	2023		2022		2023		2022
Basic net income per common share calculation:
Numerator - Net income available to common shareholders	$	128,805	$	144,860	$	455,779	$	411,501
Denominator - Weighted average common shares outstanding	76,044		75,762		75,999		75,723
Basic net income per common share	$	1.69	$	1.91	$	6.00	$	5.43
Diluted net income per common share calculation:
Numerator - Net income available to common shareholders	$	128,805	$	144,860	$	455,779	$	411,501
Denominator - Weighted average common shares outstanding	76,044		75,762		75,999		75,723
Dilutive common shares contingently issuable	158		217		104		222
Weighted average diluted common shares outstanding	76,202		75,979		76,103		75,945
Diluted net income per common share	$	1.69	$	1.91	$	5.99	$	5.42