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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
INTEREST INCOME        
Interest and fees on loans and leases $ 588,603 $ 569,670 $ 1,747,521 $ 1,535,874
Interest and dividends on investment securities:        
Taxable 76,074 80,066 229,919 198,831
Exempt from federal income tax 6,855 6,929 20,663 17,143
Dividends 2,681 4,941 9,283 8,241
Interest on temporary investments and interest-bearing deposits 24,683 34,407 71,271 87,604
Total interest income 698,896 696,013 2,078,657 1,847,693
INTEREST EXPENSE        
Interest on deposits 208,027 126,974 613,769 290,995
Interest on securities sold under agreement to repurchase and federal funds purchased 1,121 1,220 3,902 2,697
Interest on borrowings 49,636 77,080 150,329 186,848
Interest on junior and other subordinated debentures 9,894 9,864 29,628 27,605
Total interest expense 268,678 215,138 797,628 508,145
Net interest income 430,218 480,875 1,281,029 1,339,548
PROVISION FOR CREDIT LOSSES  28,769 36,737 77,725 158,290
Net interest income after provision for credit losses 401,449 444,138 1,203,304 1,181,258
NON-INTEREST INCOME        
Residential mortgage banking revenue, net 6,668 7,103 17,150 12,577
Gain on sale of debt securities, net 3 4 14 4
Gain (loss) on equity securities, net 2,272 (2,055) 1,032 (336)
Gain (loss) on loan and lease sales, net 161 1,871 (1,134) 3,253
Bank-owned life insurance income 4,674 4,440 14,018 11,293
Noninterest Income, Other Operating Income 14,158 (5,117) 19,625 12,297
Total non-interest income 66,159 43,981 161,219 138,394
NON-INTEREST EXPENSE        
Salaries and employee benefits 147,268 159,041 446,872 458,531
Occupancy and equipment, net 45,056 43,070 135,494 135,320
Communications 3,322 4,589 10,512 11,972
Marketing 3,078 2,886 7,319 5,882
Services 15,013 14,341 43,035 41,278
FDIC assessments 9,332 11,200 33,456 28,892
Intangible amortization 29,055 29,879 90,376 78,092
Business Combination, Acquisition Related Costs 2,364 18,938 21,483 164,485
Other expenses 16,870 20,203 49,571 51,072
Total non-interest expense 271,358 304,147 838,118 975,524
Income before provision for income taxes 196,250 183,972 526,405 344,128
Provision for income taxes 50,068 48,127 135,999 88,944
Net income $ 146,182 $ 135,845 $ 390,406 $ 255,184
Earnings per common share:        
Basic (in dollars per share) $ 0.70 $ 0.65 $ 1.87 $ 1.34
Diluted (in dollars per share) $ 0.70 $ 0.65 $ 1.87 $ 1.33
Weighted average number of common shares outstanding:        
Basic (in shares) 208,545 208,070 208,435 190,997
Diluted (in shares) 209,454 208,645 209,137 191,546
Service charges on deposits        
NON-INTEREST INCOME        
Revenue from contract with customer $ 18,549 $ 17,410 $ 53,116 $ 48,176
Card-based Fees        
NON-INTEREST INCOME        
Revenue from contract with customer 14,591 15,674 42,455 40,670
Financial services and trust revenue        
NON-INTEREST INCOME        
Revenue from contract with customer $ 5,083 $ 4,651 $ 14,943 $ 10,460