Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2024

Accounting Policies [Abstract]

Supplemental Cash Flow Information

Cash Flow Information — Supplemental cash flow information addressing certain cash and noncash transactions for the three months ended March 31, 2024 and 2023 was as follows (in thousands):

	For the three months ended March 31,
	2024		2023
Cash Transactions:
Interest paid	$	341,042	$	181,254
Income taxes paid, net	1,216		5,121
Operating lease payments	9,142		4,700
Noncash Transactions:
Loans charged-off to the allowance for credit losses	20,832		14,022
Loans foreclosed upon and transferred to other real estate owned	435		150
Right-of-use asset recognized during the period in exchange for lease obligations	5,673		3,603

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 months ended March 31, 2024 and 2023 (in thousands, except per share data):

	Three months ended March 31,
	2024		2023
Basic net income per common share calculation:
Numerator - Net income available to common shareholders	$	120,146	$	133,473
Denominator - Weighted average common shares outstanding	76,278		75,921
Basic net income per common share	$	1.58	$	1.76
Diluted net income per common share calculation:
Numerator - Net income available to common shareholders	$	120,146	$	133,473
Denominator - Weighted average common shares outstanding	76,278		75,921
Dilutive common shares contingently issuable	151		121
Weighted average diluted common shares outstanding	76,429		76,042
Diluted net income per common share	$	1.57	$	1.76