| QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | |||||||||||
| TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | |||||||||||
| For the transition period from to | |||||||||||
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) | ||||||||||
| (Address of principal executive offices) | (Zip Code) | ||||||||||
| Title of each class | Trading symbol(s) | Name of each exchange on which registered | ||||||
| ☑ | Accelerated filer | ☐ | ||||||||||||||||||
| Non-accelerated filer | ☐ | Smaller reporting company | ||||||||||||||||||
| Emerging growth company | ||||||||||||||||||||
| ASSOCIATED BANC-CORP | |||||
| Table of Contents | |||||
| Page | ||||||||
| ASSOCIATED BANC-CORP | |||||
| Commonly Used Terms | |||||
| The following listing provides a reference of common acronyms, abbreviations, and other defined terms used throughout the document: | |||||
| ACLL | Allowance for Credit Losses on Loans | ||||
| AFS | Available for Sale | ||||
| ALCO | Asset / Liability Committee | ||||
| AOCI | Accumulated Other Comprehensive Income | ||||
| American National | American National Corporation | ||||
| ASC | Accounting Standards Codification | ||||
| ASU | Accounting Standards Update | ||||
| the Bank | Associated Bank, National Association | ||||
| Basel III | International framework established by the Basel Committee on Banking Supervision for the regulation of capital and liquidity | ||||
| bp | basis point(s) | ||||
| BTFP | Bank Term Funding Program | ||||
| CDs | Certificates of Deposit | ||||
| CDIs | Core Deposit Intangibles | ||||
| CECL | Current Expected Credit Losses | ||||
| CET1 | Common Equity Tier 1 | ||||
| Corporation / our | Associated Banc-Corp collectively with all of its subsidiaries and affiliates | ||||
| CRA | Community Reinvestment Act | ||||
| CRE | Commercial Real Estate | ||||
| EAR | Earnings at Risk | ||||
| ERC | Enterprise Risk Committee of the Corporation's Board of Directors | ||||
| Exchange Act | Securities Exchange Act of 1934, as amended | ||||
| FASB | Financial Accounting Standards Board | ||||
| FDIC | Federal Deposit Insurance Corporation | ||||
| Federal Reserve | Board of Governors of the Federal Reserve System | ||||
| FFELP | Federal Family Education Loan Program | ||||
| FHLB | Federal Home Loan Bank | ||||
| FHLMC | Federal Home Loan Mortgage Corporation | ||||
| FICO | Fair Isaac Corporation, provider of a broad-based risk score to aid in credit decisions | ||||
| FNMA | Federal National Mortgage Association | ||||
| FTEs | Full-time equivalent employees | ||||
| FTP | Funds Transfer Pricing | ||||
| GAAP | Generally Accepted Accounting Principles | ||||
| GNMA | Government National Mortgage Association | ||||
| GSE | Government-Sponsored Enterprise | ||||
| HTM | Held to Maturity | ||||
| LTV | Loan-to-Value | ||||
| Merger Agreement | Agreement and Plan of Merger dated November 30, 2025 | ||||
| Moody's | Moody’s Investors Service | ||||
| MSRs | Mortgage Servicing Rights | ||||
| MVE | Market Value of Equity | ||||
| NAV | Net Asset Value measured at fair value per share (or its equivalent) as a practical expedient | ||||
| Net Free Funds | Noninterest-bearing sources of funds | ||||
| NPAs | Nonperforming Assets | ||||
| OCI | Other Comprehensive Income | ||||
| OREO | Other Real Estate Owned | ||||
| Parent Company | Associated Banc-Corp individually | ||||
| PCD | Purchased Credit-Deteriorated | ||||
| PSL | Purchased Seasoned Loans | ||||
| QTD | Quarter-to-date | ||||
| RAP | Retirement Account Plan - the Corporation's noncontributory defined benefit retirement plan | ||||
| Repurchase Agreements | Securities sold under agreements to repurchase | ||||
| Restricted Stock Awards | Restricted common stock and restricted common stock units to certain key employees | ||||
| Retirement Eligible Colleagues | Colleagues whose retirement meets the early retirement or normal retirement definitions under the applicable equity compensation plan | ||||
| Rev Loan(s) | Revolving loans | ||||
| SBA | Small Business Administration | ||||
| SEC | U.S. Securities and Exchange Commission | ||||
| Series E Preferred Stock | The Corporation's 5.875% Non-Cumulative Perpetual Preferred Stock, Series E, liquidation preference $1,000 per share | ||||
| Series F Preferred Stock | The Corporation's 5.625% Non-Cumulative Perpetual Preferred Stock, Series F, liquidation preference $1,000 per share | ||||
| SOFR | Secured Overnight Finance Rate | ||||
| YTD | Year-to-Date | ||||
| PART I - FINANCIAL INFORMATION | |||||
| ITEM 1. | Financial Statements: | ||||
| Jun 30, 2026 | Dec 31, 2025 | |||||||
(in thousands, except share and per share data) | (Unaudited) | (Audited) | ||||||
| Assets | ||||||||
| Cash and due from banks | $ | $ | ||||||
| Interest-bearing deposits in other financial institutions | ||||||||
| Federal funds sold and securities purchased under agreements to resell | ||||||||
| AFS investment securities, net, at fair value | ||||||||
| HTM investment securities, net, at amortized cost | ||||||||
| Equity securities | ||||||||
| Regulatory stocks, at cost | ||||||||
| Residential loans held for sale | ||||||||
| Commercial loans held for sale | ||||||||
| Loans | ||||||||
| Allowance for loan losses | ( | ( | ||||||
| Loans, net | ||||||||
| Tax credit and other investments | ||||||||
| Premises and equipment, net | ||||||||
| Bank and corporate owned life insurance | ||||||||
| Goodwill | ||||||||
| Other intangible assets, net | ||||||||
| Mortgage servicing rights, net | ||||||||
| Interest receivable | ||||||||
| Other assets | ||||||||
| Total assets | $ | $ | ||||||
| Liabilities and stockholders' equity | ||||||||
| Noninterest-bearing demand deposits | $ | $ | ||||||
| Interest-bearing deposits | ||||||||
| Total deposits | ||||||||
| Federal funds purchased and securities sold under agreements to repurchase | ||||||||
| FHLB advances | ||||||||
| Senior and subordinated debt | ||||||||
| Allowance for unfunded commitments | ||||||||
| Accrued expenses and other liabilities | ||||||||
| Total liabilities | $ | $ | ||||||
| Stockholders' equity | ||||||||
| Preferred equity | $ | $ | ||||||
| Common equity | ||||||||
| Common stock | $ | $ | ||||||
| Surplus | ||||||||
| Retained earnings | ||||||||
| Accumulated other comprehensive loss | ( | ( | ||||||
| Treasury stock, at cost | ( | ( | ||||||
| Total common equity | ||||||||
| Total stockholders' equity | ||||||||
| Total liabilities and stockholders' equity | $ | $ | ||||||
Preferred shares authorized (par value $ | ||||||||
| Preferred shares issued and outstanding | ||||||||
Common shares authorized (par value $ | ||||||||
| Common shares issued | ||||||||
| Common shares outstanding | ||||||||
| Three Months Ended Jun 30, | Six Months Ended Jun 30, | |||||||||||||
(in thousands, except per share data) | 2026 | 2025 | 2026 | 2025 | ||||||||||
| Interest income | ||||||||||||||
| Interest and fees on loans | $ | $ | $ | $ | ||||||||||
| Interest and dividends on investment securities | ||||||||||||||
| Taxable | ||||||||||||||
| Tax-exempt | ||||||||||||||
| Other interest | ||||||||||||||
| Total interest income | ||||||||||||||
| Interest expense | ||||||||||||||
| Interest on deposits | ||||||||||||||
| Interest on federal funds purchased and securities sold under agreements to repurchase | ||||||||||||||
| Interest on FHLB advances | ||||||||||||||
| Interest on senior and subordinated debt | ||||||||||||||
| Interest on other interest-bearing liabilities | ||||||||||||||
| Total interest expense | ||||||||||||||
| Net interest income | ||||||||||||||
| Provision for credit losses | ||||||||||||||
| Net interest income after provision for credit losses | ||||||||||||||
| Noninterest income | ||||||||||||||
| Wealth management fees | ||||||||||||||
| Service charges and deposit account fees | ||||||||||||||
| Card-based fees | ||||||||||||||
| Other fee-based revenue | ||||||||||||||
| Capital markets, net | ||||||||||||||
| Mortgage banking, net | ||||||||||||||
| Loss on mortgage portfolio sale | ( | |||||||||||||
| Bank and corporate owned life insurance | ||||||||||||||
| Asset gains (losses), net | ( | ( | ||||||||||||
| Investment securities gains, net | ||||||||||||||
| Other | ||||||||||||||
| Total noninterest income | ||||||||||||||
| Noninterest expense | ||||||||||||||
| Personnel | ||||||||||||||
| Technology | ||||||||||||||
| Occupancy | ||||||||||||||
| Business development and advertising | ||||||||||||||
| Equipment | ||||||||||||||
| Legal and professional | ||||||||||||||
| Loan and foreclosure costs | ||||||||||||||
| FDIC assessment | ||||||||||||||
| Other intangible amortization | 4,405 | |||||||||||||
| Other | ||||||||||||||
| Total noninterest expense | ||||||||||||||
| Income before income taxes | ||||||||||||||
| Income tax expense | ||||||||||||||
| Net income | ||||||||||||||
| Preferred stock dividends | ||||||||||||||
| Net income available to common equity | $ | $ | $ | $ | ||||||||||
| Earnings per common share | ||||||||||||||
| Basic | $ | $ | $ | $ | ||||||||||
| Diluted | $ | $ | $ | $ | ||||||||||
| Average common shares outstanding | ||||||||||||||
| Basic | ||||||||||||||
| Diluted | ||||||||||||||
| Three Months Ended Jun 30, | Six Months Ended Jun 30, | |||||||||||||
| (in thousands) | 2026 | 2025 | 2026 | 2025 | ||||||||||
| Net income | $ | $ | $ | $ | ||||||||||
| Other comprehensive (loss) income, net of tax | ||||||||||||||
| Investment securities | ||||||||||||||
| Net unrealized (losses) gains | ( | ( | ||||||||||||
| Amortization of net unrealized losses on AFS securities transferred to HTM securities | ||||||||||||||
| Income tax benefit (expense) | ( | ( | ||||||||||||
| Other comprehensive (loss) income on investment securities | ( | ( | ||||||||||||
| Cash flow hedge derivatives | ||||||||||||||
| Net unrealized (losses) gains | ( | ( | ||||||||||||
| Reclassification adjustment for net (gains) losses realized in net income | ( | ( | ||||||||||||
| Income tax (expense) benefit | ( | ( | ||||||||||||
| Other comprehensive (loss) income on cash flow hedge derivatives | ( | ( | ||||||||||||
| Defined benefit pension and postretirement obligations | ||||||||||||||
| Amortization of prior service cost | ( | ( | ( | ( | ||||||||||
| Net actuarial gain | ||||||||||||||
| Amortization of actuarial loss | ( | ( | ||||||||||||
| Income tax benefit (expense) | ( | |||||||||||||
| Other comprehensive (loss) income on pension and postretirement obligations | ( | ( | ( | |||||||||||
| Total other comprehensive (loss) income | ( | ( | ||||||||||||
| Comprehensive income | $ | $ | $ | $ | ||||||||||
| (in thousands, except per share data) | Preferred Equity | Common Stock | Surplus | Retained Earnings | Accumulated Other Comprehensive Loss | Treasury Stock | Total | ||||||||||||||||
| Balance, December 31, 2025 | $ | $ | $ | $ | $ | ( | $ | ( | $ | ||||||||||||||
| Comprehensive income: | |||||||||||||||||||||||
| Net income | — | — | — | — | — | ||||||||||||||||||
| Other comprehensive loss | — | — | — | — | ( | — | ( | ||||||||||||||||
| Comprehensive income | |||||||||||||||||||||||
| Common stock issued: | |||||||||||||||||||||||
| Stock-based compensation plans, net | — | — | ( | — | — | ||||||||||||||||||
| Purchase of treasury stock, open market purchases | — | — | — | — | — | ( | ( | ||||||||||||||||
| Purchase of treasury stock, stock-based compensation plans | — | — | — | — | — | ( | ( | ||||||||||||||||
| Cash dividends: | |||||||||||||||||||||||
Common stock(a) | — | — | — | ( | — | — | ( | ||||||||||||||||
Preferred stock(b) | — | — | — | ( | — | — | ( | ||||||||||||||||
| Stock-based compensation expense, net | — | — | — | — | — | ||||||||||||||||||
| Balance, March 31, 2026 | $ | $ | $ | $ | $ | ( | $ | ( | $ | ||||||||||||||
| Comprehensive income: | |||||||||||||||||||||||
| Net income | — | — | — | — | — | ||||||||||||||||||
| Other comprehensive loss | — | — | — | — | ( | — | ( | ||||||||||||||||
| Comprehensive income | |||||||||||||||||||||||
| Common stock issued: | |||||||||||||||||||||||
| American National acquisition | — | — | — | — | |||||||||||||||||||
| Stock-based compensation plans, net | — | — | ( | — | — | ||||||||||||||||||
| Purchase of treasury stock, stock-based compensation plans | — | — | — | — | — | ( | ( | ||||||||||||||||
| Cash dividends: | |||||||||||||||||||||||
Common stock(a) | — | — | — | ( | — | — | ( | ||||||||||||||||
Preferred stock(b) | — | — | — | ( | — | — | ( | ||||||||||||||||
| Stock-based compensation expense, net | — | — | — | — | — | ||||||||||||||||||
| Balance, June 30, 2026 | $ | $ | $ | $ | $ | ( | $ | ( | $ | ||||||||||||||
| (in thousands, except per share data) | Preferred Equity | Common Stock | Surplus | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Treasury Stock | Total | ||||||||||||||||
| Balance, December 31, 2024 | $ | $ | $ | $ | $ | ( | $ | ( | $ | ||||||||||||||
| Comprehensive income: | |||||||||||||||||||||||
| Net income | — | — | — | — | — | ||||||||||||||||||
| Other comprehensive income | — | — | — | — | — | ||||||||||||||||||
| Comprehensive income | |||||||||||||||||||||||
| Common stock issued: | |||||||||||||||||||||||
| Public common stock offering | — | — | ( | — | — | — | ( | ||||||||||||||||
| Stock-based compensation plans, net | — | — | ( | — | — | ||||||||||||||||||
| Purchase of treasury stock, open market purchases | — | — | — | — | — | ( | ( | ||||||||||||||||
| Purchase of treasury stock, stock-based compensation plans | — | — | — | — | — | ( | ( | ||||||||||||||||
| Cash dividends: | |||||||||||||||||||||||
Common stock(a) | — | — | — | ( | — | — | ( | ||||||||||||||||
Preferred stock(b) | — | — | — | ( | — | — | ( | ||||||||||||||||
| Stock-based compensation expense, net | — | — | — | — | — | ||||||||||||||||||
| Balance, March 31, 2025 | $ | $ | $ | $ | $ | ( | $ | ( | $ | ||||||||||||||
| Comprehensive income: | |||||||||||||||||||||||
| Net income | — | — | — | — | — | ||||||||||||||||||
| Other comprehensive income | — | — | — | — | — | ||||||||||||||||||
| Comprehensive income | |||||||||||||||||||||||
| Common stock issued: | |||||||||||||||||||||||
| Stock-based compensation plans, net | — | — | — | — | ( | ||||||||||||||||||
| Purchase of treasury stock, stock-based compensation plans | — | — | — | — | — | ( | ( | ||||||||||||||||
| Cash dividends: | |||||||||||||||||||||||
Common stock(a) | — | — | — | ( | — | — | ( | ||||||||||||||||
Preferred stock(b) | — | — | — | ( | — | — | ( | ||||||||||||||||
| Stock-based compensation expense, net | — | — | — | — | — | ||||||||||||||||||
| Balance, June 30, 2025 | $ | $ | $ | $ | $ | ( | $ | ( | $ | ||||||||||||||
| Six Months Ended Jun 30, | ||||||||
(in thousands) | 2026 | 2025 | ||||||
| Cash flows from operating activities | ||||||||
| Net income | $ | $ | ||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||
| Provision for credit losses | ||||||||
| Depreciation and amortization | ||||||||
| Change in MSRs valuation | ( | |||||||
| Amortization of other intangible assets | ||||||||
| Amortization and accretion on earning assets, funding, and other, net | ||||||||
| Net amortization of tax credit investments | ||||||||
| Loss on sales of investment securities, net | ||||||||
| Asset (gains) losses, net | ( | |||||||
| Loss (gain) on mortgage banking activities, net | ( | |||||||
| Loss on mortgage portfolio sale | ||||||||
| Net periodic pension benefit | ( | ( | ||||||
| Mortgage loans originated for sale | ( | ( | ||||||
| Proceeds from sales of mortgage loans held for sale | ||||||||
| Changes in certain assets and liabilities: | ||||||||
| Increase in interest receivable | ( | ( | ||||||
| Increase in BOLI/COLI cash surrender value | ( | ( | ||||||
| Decrease in net income tax position | ||||||||
| Increase (decrease) in interest payable | ( | |||||||
| Decrease in expense payable | ( | ( | ||||||
| Decrease (increase) in net derivative position | ( | |||||||
| Net change in other assets and other liabilities | ( | |||||||
| Net cash provided by operating activities | ||||||||
| Cash flows from investing activities | ||||||||
| Net increase in loans | ( | ( | ||||||
| Purchases of: | ||||||||
| AFS securities | ( | ( | ||||||
| HTM securities | ( | |||||||
| Regulatory stocks and equity securities | ( | ( | ||||||
| Proceeds from: | ||||||||
| Sales of AFS securities | ||||||||
| Sales of HTM securities | ||||||||
| Sales of regulatory stocks and equity securities | ||||||||
| Prepayments, calls, and maturities of AFS securities | ||||||||
| Prepayments, calls, and maturities of HTM securities | ||||||||
| Sales, prepayments, calls, and maturities of other assets | ||||||||
| Sale of mortgage portfolio | ||||||||
| Premises, equipment, and software | ( | ( | ||||||
| Net change in tax credit and alternative investments | ( | ( | ||||||
| Net cash received from the American National acquisition | ||||||||
| Net cash used in investing activities | ( | ( | ||||||
| Cash flows from financing activities | ||||||||
| Net decrease in deposits | ( | ( | ||||||
| Net increase (decrease) in short-term funding | ( | |||||||
| Net increase in short-term FHLB advances | ||||||||
| Repayment of long-term FHLB advances | ( | ( | ||||||
| Proceeds from long-term FHLB advances | ||||||||
| Repayment of finance lease principal | ( | |||||||
| Repayment of long-term funding | ( | |||||||
| Proceeds from issuance of common stock for stock-based compensation plans | ||||||||
| Purchase of treasury stock, open market purchases | ( | ( | ||||||
| Purchase of treasury stock, stock-based compensation plans | ( | ( | ||||||
| Cash dividends on common stock | ( | ( | ||||||
| Cash dividends on preferred stock | ( | ( | ||||||
| Payments for other financing activities | ( | |||||||
| Net cash provided by financing activities | ||||||||
| Net increase in cash and cash equivalents | ||||||||
| Cash and cash equivalents at beginning of period | ||||||||
| Cash and cash equivalents at end of period | $ | $ | ||||||
| Six Months Ended Jun 30, | ||||||||
(in thousands) | 2026 | 2025 | ||||||
| Supplemental disclosures of cash flow information | ||||||||
| Cash paid for interest | $ | $ | ||||||
| Issuance of common stock as consideration for the American National acquisition | ||||||||
| Assets acquired from the American National acquisition | ||||||||
| Liabilities assumed from the American National acquisition | ||||||||
| Standard | Description | Date of Adoption | Effect on Financial Statements | ||||||||
| ASU 2025-08 Financial Instruments-Credit Losses (Topic 326) | The amendments in this update expand the gross-up approach for initial recognition and measurement of acquired financial assets to purchased seasoned loans. | Early adopted effective April 1, 2026 on a prospective basis, as permitted by the standard | The Corporation early adopted this standard and applied it in the purchase accounting for the acquisition of American National. The ASU expands the gross-up approach to certain acquired non-PCD loans that qualify as purchased seasoned loans, including loans acquired in a business combination, resulting in the acquisition-date allowance for credit losses being added to the loans’ initial amortized cost basis rather than recognized as a Day 1 provision for credit losses. Refer to Note 3 for additional information. | ||||||||
| Standard | Description | Date of Anticipated Adoption | Effect on Financial Statements | ||||||||
| ASU 2024-03 Income Statement-Reporting Comprehensive Income-Expense Disaggregation Disclosures (Subtopic 220-40) | The amendments in this update require a public business entity to disclose specific information about certain costs and expenses in the notes to its financial statements for interim and annual reporting periods. The objective of the disclosure requirements is to provide disaggregated information about a public business entity's expenses to help investors (a) better understand the entity's performance, (b) better assess the entity's prospects for future cash flows, and (c) compare an entity's performance over time and with that of other entities. | Annual period ending December 31, 2027 and subsequent interim periods | The Corporation is currently evaluating the impact on its disclosures. | ||||||||
| ASU 2025-06 Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40) | The amendments in this update simplify the capitalization guidance by removing all references to prescriptive and sequential software development stages to align with the shift to incremental and iterative software development methods. | Interim period ending March 31, 2028 and subsequent periods | The Corporation is currently evaluating the impact on its disclosures. | ||||||||
| (in thousands) | ||||||||
| Total Consideration | $ | |||||||
| Assets | ||||||||
| Cash and cash equivalents | $ | |||||||
| Investment securities | ||||||||
| Loans, net | ||||||||
Other intangible assets(a) | ||||||||
| Other assets | ||||||||
| Total assets | $ | |||||||
| Liabilities | ||||||||
| Deposits | $ | |||||||
| Other liabilities | ||||||||
| Total liabilities | $ | |||||||
| Fair value of net assets acquired | $ | |||||||
| Goodwill | $ | |||||||
(a) Core deposit intangibles | ||||||||
| (in thousands) | Unpaid principal balance | Premium (Discount) | Loans and leases | Allowance for credit losses on loans | Loans and leases, net | ||||||||||||
| Non-PCD loans | $ | $ | $ | $ | ( | $ | |||||||||||
| PCD Loans | ( | ( | |||||||||||||||
| Total | $ | $ | ( | $ | $ | ( | $ | ||||||||||
| (in thousands) | Three Months Ended June 30, 2026 | Six Months Ended Jun 30, 2026 | ||||||
| Personnel | $ | $ | ||||||
| Technology | ||||||||
| Occupancy | ||||||||
| Business development and advertising | ||||||||
| Equipment | ||||||||
| Legal and professional | ||||||||
| Other | ||||||||
| Total | $ | $ | ||||||
| Three Months Ended Jun 30, | Six Months Ended Jun 30, | |||||||||||||
| (Unaudited) (in thousands) | 2026 | 2025 | 2026 | 2025 | ||||||||||
| Net interest income and noninterest income | $ | $ | $ | $ | ||||||||||
| Net income | ||||||||||||||
| Three Months Ended Jun 30, | Six Months Ended Jun 30, | |||||||||||||
| (in thousands, except per share data) | 2026 | 2025 | 2026 | 2025 | ||||||||||
| Net income | $ | $ | $ | $ | ||||||||||
| Preferred stock dividends | ( | ( | ( | ( | ||||||||||
| Net income available to common equity | ||||||||||||||
| Common shareholder dividends | ( | ( | ( | ( | ||||||||||
| Unvested share-based payment awards | ( | ( | ( | ( | ||||||||||
| Undistributed earnings | $ | $ | $ | $ | ||||||||||
| Undistributed earnings allocated to common shareholders | $ | $ | $ | $ | ||||||||||
| Undistributed earnings allocated to unvested share-based payment awards | ||||||||||||||
| Undistributed earnings | $ | $ | $ | $ | ||||||||||
| Basic | ||||||||||||||
| Distributed earnings to common shareholders | $ | $ | $ | $ | ||||||||||
| Undistributed earnings allocated to common shareholders | ||||||||||||||
| Total common shareholders earnings, basic | $ | $ | $ | $ | ||||||||||
| Diluted | ||||||||||||||
| Distributed earnings to common shareholders | $ | $ | $ | $ | ||||||||||
| Undistributed earnings allocated to common shareholders | ||||||||||||||
| Total common shareholders earnings, diluted | $ | $ | $ | $ | ||||||||||
| Weighted average common shares outstanding | ||||||||||||||
| Effect of dilutive common stock awards | ||||||||||||||
| Diluted weighted average common shares outstanding | ||||||||||||||
| Basic earnings per common share | $ | $ | $ | $ | ||||||||||
| Diluted earnings per common share | $ | $ | $ | $ | ||||||||||
| Stock Options | Shares(a) | Weighted Average Exercise Price | Weighted Average Remaining Contractual Term | Aggregate Intrinsic Value(a) | ||||||||||
| Outstanding at December 31, 2025 | $ | $ | ||||||||||||
| Exercised | ||||||||||||||
| Outstanding at June 30, 2026 | $ | $ | ||||||||||||
| Options Exercisable at June 30, 2026 | $ | $ | ||||||||||||
| Restricted Stock | Shares(a) | Weighted Average Grant Date Fair Value | ||||||
| Outstanding at December 31, 2025 | $ | |||||||
| Granted | ||||||||
| Vested | ||||||||
| Forfeited | ||||||||
| Outstanding at June 30, 2026 | $ | |||||||
| (in thousands) | Amortized Cost | Gross Unrealized Gains | Gross Unrealized Losses | Fair Value | ||||||||||
| AFS investment securities | ||||||||||||||
| Obligations of state and political subdivisions (municipal securities) | $ | $ | $ | ( | $ | |||||||||
| Residential mortgage-related securities: | ||||||||||||||
| FNMA/FHLMC | ( | |||||||||||||
| GNMA | ( | |||||||||||||
| Commercial mortgage-related securities: | ||||||||||||||
| FNMA/FHLMC | ( | |||||||||||||
| GNMA | ( | |||||||||||||
| Asset backed securities: | ||||||||||||||
| FFELP | ( | |||||||||||||
| SBA | ( | |||||||||||||
Other debt securities(a) | ( | |||||||||||||
| Total AFS investment securities | $ | $ | $ | ( | $ | |||||||||
| HTM investment securities | ||||||||||||||
| U.S. Treasury securities | $ | $ | $ | $ | ||||||||||
| Obligations of state and political subdivisions (municipal securities) | ( | |||||||||||||
| Residential mortgage-related securities: | ||||||||||||||
| FNMA/FHLMC | ( | |||||||||||||
| GNMA | ( | |||||||||||||
| Private-label | ( | |||||||||||||
| Commercial mortgage-related securities: | ||||||||||||||
| FNMA/FHLMC | ( | |||||||||||||
| GNMA | ( | |||||||||||||
| Total HTM investment securities | $ | $ | $ | ( | $ | |||||||||
| (in thousands) | Amortized Cost | Gross Unrealized Gains | Gross Unrealized Losses | Fair Value | ||||||||||
| AFS investment securities | ||||||||||||||
| Obligations of state and political subdivisions (municipal securities) | $ | $ | $ | ( | $ | |||||||||
| Residential mortgage-related securities: | ||||||||||||||
| FNMA/FHLMC | ( | |||||||||||||
| GNMA | ( | |||||||||||||
| Commercial mortgage-related securities: | ||||||||||||||
| FNMA/FHLMC | ( | |||||||||||||
| GNMA | ( | |||||||||||||
| Asset backed securities: | ||||||||||||||
| FFELP | ( | |||||||||||||
| SBA | ( | |||||||||||||
| Other debt securities | ( | |||||||||||||
| Total AFS investment securities | $ | $ | $ | ( | $ | |||||||||
| HTM investment securities | ||||||||||||||
| U.S. Treasury securities | $ | $ | $ | $ | ||||||||||
| Obligations of state and political subdivisions (municipal securities) | ( | |||||||||||||
| Residential mortgage-related securities: | ||||||||||||||
| FNMA/FHLMC | ( | |||||||||||||
| GNMA | ( | |||||||||||||
| Private-label | ( | |||||||||||||
| Commercial mortgage-related securities: | ||||||||||||||
| FNMA/FHLMC | ( | |||||||||||||
| GNMA | ( | |||||||||||||
| Total HTM investment securities | $ | $ | $ | ( | $ | |||||||||
| AFS | HTM | |||||||||||||
| (in thousands) | Amortized Cost | Fair Value | Amortized Cost | Fair Value | ||||||||||
| Due in one year or less | $ | $ | $ | $ | ||||||||||
| Due after one year through five years | ||||||||||||||
| Due after five years through ten years | ||||||||||||||
| Due after ten years | ||||||||||||||
| Total municipal, U.S. Treasury and other debt securities | ||||||||||||||
| Residential mortgage-related securities: | ||||||||||||||
| FNMA/FHLMC | ||||||||||||||
| GNMA | ||||||||||||||
| Private-label | ||||||||||||||
| Commercial mortgage-related securities: | ||||||||||||||
| FNMA/FHLMC | ||||||||||||||
| GNMA | ||||||||||||||
| Asset backed securities: | ||||||||||||||
| FFELP | ||||||||||||||
| SBA | ||||||||||||||
| Total investment securities | $ | $ | $ | $ | ||||||||||
| Ratio of fair value to amortized cost | % | % | ||||||||||||
| Three Months Ended Jun 30, | Six Months Ended Jun 30, | |||||||||||||
| (in thousands) | 2026 | 2025 | 2026 | 2025 | ||||||||||
| Gross losses on HTM securities | $ | $ | $ | ( | $ | |||||||||
| Fair value adjustment of equity securities | ||||||||||||||
| Investment securities (losses) gains, net | $ | $ | $ | $ | ||||||||||
| Less than 12 months | 12 months or more | Total | ||||||||||||||||||||||||
| (in thousands) | Number of Securities | Unrealized Losses | Fair Value | Number of Securities | Unrealized Losses | Fair Value | Unrealized Losses | Fair Value | ||||||||||||||||||
| AFS investment securities | ||||||||||||||||||||||||||
| Obligations of state and political subdivisions (municipal securities) | $ | ( | $ | $ | ( | $ | $ | ( | $ | |||||||||||||||||
| Residential mortgage-related securities: | ||||||||||||||||||||||||||
| FNMA/FHLMC | ( | ( | ( | |||||||||||||||||||||||
| GNMA | ( | ( | ( | |||||||||||||||||||||||
| Commercial mortgage-related securities: | ||||||||||||||||||||||||||
| FNMA/FHLMC | ( | ( | ( | |||||||||||||||||||||||
| GNMA | ( | ( | ||||||||||||||||||||||||
| Asset backed securities: | ||||||||||||||||||||||||||
| FFELP | ( | ( | ( | |||||||||||||||||||||||
| SBA | ( | ( | ( | |||||||||||||||||||||||
Other debt securities(a) | ( | ( | ||||||||||||||||||||||||
| Total | $ | ( | $ | $ | ( | $ | $ | ( | $ | |||||||||||||||||
| HTM investment securities | ||||||||||||||||||||||||||
| Obligations of state and political subdivisions (municipal securities) | $ | ( | $ | $ | ( | $ | $ | ( | $ | |||||||||||||||||
| Residential mortgage-related securities: | ||||||||||||||||||||||||||
| FNMA/FHLMC | ( | ( | ( | |||||||||||||||||||||||
| GNMA | ( | ( | ( | |||||||||||||||||||||||
| Private-label | ( | ( | ||||||||||||||||||||||||
| Commercial mortgage-related securities: | ||||||||||||||||||||||||||
| FNMA/FHLMC | ( | ( | ( | |||||||||||||||||||||||
| GNMA | ( | ( | ||||||||||||||||||||||||
| Total | $ | ( | $ | $ | ( | $ | $ | ( | $ | |||||||||||||||||
| Less than 12 months | 12 months or more | Total | ||||||||||||||||||||||||
| (in thousands) | Number of Securities | Unrealized Losses | Fair Value | Number of Securities | Unrealized Losses | Fair Value | Unrealized Losses | Fair Value | ||||||||||||||||||
| AFS investment securities | ||||||||||||||||||||||||||
| Obligations of state and political subdivisions (municipal securities) | $ | $ | $ | ( | $ | $ | ( | $ | ||||||||||||||||||
| Residential mortgage-related securities: | ||||||||||||||||||||||||||
| FNMA/FHLMC | ( | ( | ( | |||||||||||||||||||||||
| GNMA | ( | ( | ( | |||||||||||||||||||||||
| Commercial mortgage-related securities: | ||||||||||||||||||||||||||
| FNMA/FHLMC | ( | ( | ||||||||||||||||||||||||
| GNMA | ( | ( | ||||||||||||||||||||||||
| Asset backed securities: | ||||||||||||||||||||||||||
| FFELP | ( | ( | ( | |||||||||||||||||||||||
| SBA | ( | ( | ||||||||||||||||||||||||
| Other debt securities | ( | ( | ||||||||||||||||||||||||
| Total | $ | ( | $ | $ | ( | $ | $ | ( | $ | |||||||||||||||||
| HTM investment securities | ||||||||||||||||||||||||||
| Obligations of state and political subdivisions (municipal securities) | $ | ( | $ | $ | ( | $ | $ | ( | $ | |||||||||||||||||
| Residential mortgage-related securities: | ||||||||||||||||||||||||||
| FNMA/FHLMC | ( | ( | ||||||||||||||||||||||||
| GNMA | ( | ( | ||||||||||||||||||||||||
| Private-label | ( | ( | ||||||||||||||||||||||||
| Commercial mortgage-related securities: | ||||||||||||||||||||||||||
| FNMA/FHLMC | ( | ( | ( | |||||||||||||||||||||||
| GNMA | ( | ( | ||||||||||||||||||||||||
| Total | $ | ( | $ | $ | ( | $ | $ | ( | $ | |||||||||||||||||
| (in thousands) | Jun 30, 2026 | Dec 31, 2025 | ||||||
| Commercial and industrial | $ | $ | ||||||
| Commercial real estate — owner occupied | ||||||||
| Commercial and business lending | ||||||||
| Commercial real estate — investor | ||||||||
| Real estate construction | ||||||||
| Commercial real estate lending | ||||||||
| Total commercial | ||||||||
| Residential mortgage | ||||||||
| Auto finance | ||||||||
| Home equity | ||||||||
| Other consumer | ||||||||
| Total consumer | ||||||||
| Total loans | $ | $ | ||||||
Term Loans Amortized Cost Basis by Origination Year(a) | |||||||||||||||||||||||||||||
| (in thousands) | Rev Loans Converted to Term(a) | Rev Loans Amortized Cost Basis | YTD 2026 | 2025 | 2024 | 2023 | 2022 | Prior | Total | ||||||||||||||||||||
| Commercial and industrial: | |||||||||||||||||||||||||||||
| Risk rating: | |||||||||||||||||||||||||||||
| Pass | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Special mention | |||||||||||||||||||||||||||||
| Substandard | |||||||||||||||||||||||||||||
| Nonaccrual | |||||||||||||||||||||||||||||
| Commercial and industrial | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Commercial real estate - owner occupied: | |||||||||||||||||||||||||||||
| Risk rating: | |||||||||||||||||||||||||||||
| Pass | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Special mention | |||||||||||||||||||||||||||||
| Substandard | |||||||||||||||||||||||||||||
| Nonaccrual | |||||||||||||||||||||||||||||
| Commercial real estate - owner occupied | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Commercial and business lending: | |||||||||||||||||||||||||||||
| Risk rating: | |||||||||||||||||||||||||||||
| Pass | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Special mention | |||||||||||||||||||||||||||||
| Substandard | |||||||||||||||||||||||||||||
| Nonaccrual | |||||||||||||||||||||||||||||
| Commercial and business lending | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Commercial real estate - investor: | |||||||||||||||||||||||||||||
| Risk rating: | |||||||||||||||||||||||||||||
| Pass | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Special mention | |||||||||||||||||||||||||||||
| Substandard | |||||||||||||||||||||||||||||
| Nonaccrual | |||||||||||||||||||||||||||||
| Commercial real estate - investor | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Real estate construction: | |||||||||||||||||||||||||||||
| Risk rating: | |||||||||||||||||||||||||||||
| Pass | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Special mention | |||||||||||||||||||||||||||||
| Substandard | |||||||||||||||||||||||||||||
| Nonaccrual | |||||||||||||||||||||||||||||
| Real estate construction | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Commercial real estate lending: | |||||||||||||||||||||||||||||
| Risk rating: | |||||||||||||||||||||||||||||
| Pass | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Special mention | |||||||||||||||||||||||||||||
| Substandard | |||||||||||||||||||||||||||||
| Nonaccrual | |||||||||||||||||||||||||||||
| Commercial real estate lending | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Total commercial: | |||||||||||||||||||||||||||||
| Risk rating: | |||||||||||||||||||||||||||||
| Pass | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Special mention | |||||||||||||||||||||||||||||
| Substandard | |||||||||||||||||||||||||||||
| Nonaccrual | |||||||||||||||||||||||||||||
| Total commercial | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
Term Loans Amortized Cost Basis by Origination Year(a) | |||||||||||||||||||||||||||||
| (in thousands) | Rev Loans Converted to Term(a) | Rev Loans Amortized Cost Basis | YTD 2026 | 2025 | 2024 | 2023 | 2022 | Prior | Total | ||||||||||||||||||||
| Residential mortgage: | |||||||||||||||||||||||||||||
| Risk rating: | |||||||||||||||||||||||||||||
| Pass | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Special mention | |||||||||||||||||||||||||||||
| Substandard | |||||||||||||||||||||||||||||
| Nonaccrual | |||||||||||||||||||||||||||||
| Residential mortgage | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Auto finance: | |||||||||||||||||||||||||||||
| Risk rating: | |||||||||||||||||||||||||||||
| Pass | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Special mention | |||||||||||||||||||||||||||||
| Nonaccrual | |||||||||||||||||||||||||||||
| Auto finance | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Home equity: | |||||||||||||||||||||||||||||
| Risk rating: | |||||||||||||||||||||||||||||
| Pass | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Special mention | |||||||||||||||||||||||||||||
| Nonaccrual | |||||||||||||||||||||||||||||
| Home equity | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Other consumer: | |||||||||||||||||||||||||||||
| Risk rating: | |||||||||||||||||||||||||||||
| Pass | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Special mention | |||||||||||||||||||||||||||||
| Substandard | |||||||||||||||||||||||||||||
| Nonaccrual | |||||||||||||||||||||||||||||
| Other consumer | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Total consumer: | |||||||||||||||||||||||||||||
| Risk rating: | |||||||||||||||||||||||||||||
| Pass | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Special mention | |||||||||||||||||||||||||||||
| Substandard | |||||||||||||||||||||||||||||
| Nonaccrual | |||||||||||||||||||||||||||||
| Total consumer | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Total loans: | |||||||||||||||||||||||||||||
| Risk rating: | |||||||||||||||||||||||||||||
| Pass | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Special mention | |||||||||||||||||||||||||||||
| Substandard | |||||||||||||||||||||||||||||
| Nonaccrual | |||||||||||||||||||||||||||||
| Total loans | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
Term Loans Amortized Cost Basis by Origination Year(a) | |||||||||||||||||||||||||||||
| (in thousands) | Rev Loans Converted to Term(a) | Rev Loans Amortized Cost Basis | 2025 | 2024 | 2023 | 2022 | 2021 | Prior | Total | ||||||||||||||||||||
| Commercial and industrial: | |||||||||||||||||||||||||||||
| Risk rating: | |||||||||||||||||||||||||||||
| Pass | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Special mention | |||||||||||||||||||||||||||||
| Substandard | |||||||||||||||||||||||||||||
| Nonaccrual | |||||||||||||||||||||||||||||
| Commercial and industrial | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Commercial real estate - owner occupied: | |||||||||||||||||||||||||||||
| Risk rating: | |||||||||||||||||||||||||||||
| Pass | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Special mention | |||||||||||||||||||||||||||||
| Substandard | |||||||||||||||||||||||||||||
| Nonaccrual | |||||||||||||||||||||||||||||
| Commercial real estate - owner occupied | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Commercial and business lending: | |||||||||||||||||||||||||||||
| Risk rating: | |||||||||||||||||||||||||||||
| Pass | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Special mention | |||||||||||||||||||||||||||||
| Substandard | |||||||||||||||||||||||||||||
| Nonaccrual | |||||||||||||||||||||||||||||
| Commercial and business lending | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Commercial real estate - investor: | |||||||||||||||||||||||||||||
| Risk rating: | |||||||||||||||||||||||||||||
| Pass | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Special mention | |||||||||||||||||||||||||||||
| Substandard | |||||||||||||||||||||||||||||
| Nonaccrual | |||||||||||||||||||||||||||||
| Commercial real estate - investor | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Real estate construction: | |||||||||||||||||||||||||||||
| Risk rating: | |||||||||||||||||||||||||||||
| Pass | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Special mention | |||||||||||||||||||||||||||||
| Substandard | |||||||||||||||||||||||||||||
| Nonaccrual | |||||||||||||||||||||||||||||
| Real estate construction | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Commercial real estate lending: | |||||||||||||||||||||||||||||
| Risk rating: | |||||||||||||||||||||||||||||
| Pass | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Special mention | |||||||||||||||||||||||||||||
| Substandard | |||||||||||||||||||||||||||||
| Nonaccrual | |||||||||||||||||||||||||||||
| Commercial real estate lending | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
Term Loans Amortized Cost Basis by Origination Year(a) | |||||||||||||||||||||||||||||
| (in thousands) | Rev Loans Converted to Term(a) | Rev Loans Amortized Cost Basis | 2025 | 2024 | 2023 | 2022 | 2021 | Prior | Total | ||||||||||||||||||||
| Total commercial: | |||||||||||||||||||||||||||||
| Risk rating: | |||||||||||||||||||||||||||||
| Pass | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Special mention | |||||||||||||||||||||||||||||
| Substandard | |||||||||||||||||||||||||||||
| Nonaccrual | |||||||||||||||||||||||||||||
| Total commercial | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Residential mortgage: | |||||||||||||||||||||||||||||
| Risk rating: | |||||||||||||||||||||||||||||
| Pass | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Substandard | |||||||||||||||||||||||||||||
| Nonaccrual | |||||||||||||||||||||||||||||
| Residential mortgage | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Auto finance: | |||||||||||||||||||||||||||||
| Risk rating: | |||||||||||||||||||||||||||||
| Pass | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Special mention | |||||||||||||||||||||||||||||
| Nonaccrual | |||||||||||||||||||||||||||||
| Auto finance | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Home equity: | |||||||||||||||||||||||||||||
| Risk rating: | |||||||||||||||||||||||||||||
| Pass | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Special mention | |||||||||||||||||||||||||||||
| Nonaccrual | |||||||||||||||||||||||||||||
| Home equity | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Other consumer: | |||||||||||||||||||||||||||||
| Risk rating: | |||||||||||||||||||||||||||||
| Pass | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Special mention | |||||||||||||||||||||||||||||
| Substandard | |||||||||||||||||||||||||||||
| Nonaccrual | |||||||||||||||||||||||||||||
| Other consumer | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Total consumer: | |||||||||||||||||||||||||||||
| Risk rating: | |||||||||||||||||||||||||||||
| Pass | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Special mention | |||||||||||||||||||||||||||||
| Substandard | |||||||||||||||||||||||||||||
| Nonaccrual | |||||||||||||||||||||||||||||
| Total consumer | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Total loans: | |||||||||||||||||||||||||||||
| Risk rating: | |||||||||||||||||||||||||||||
| Pass | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Special mention | |||||||||||||||||||||||||||||
| Substandard | |||||||||||||||||||||||||||||
| Nonaccrual | |||||||||||||||||||||||||||||
| Total loans | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||
| Gross Charge Offs by Origination Year | ||||||||||||||||||||||||||
| (in thousands) | Rev Loans Amortized Cost Basis | 2026 | 2025 | 2024 | 2023 | 2022 | Prior | Total | ||||||||||||||||||
| Commercial and industrial | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||
| Commercial real estate-owner occupied | ||||||||||||||||||||||||||
| Commercial and business lending | ||||||||||||||||||||||||||
| Commercial real estate-investor | ||||||||||||||||||||||||||
| Real estate construction | ||||||||||||||||||||||||||
| Commercial real estate lending | ||||||||||||||||||||||||||
| Total commercial | ||||||||||||||||||||||||||
| Residential mortgage | ||||||||||||||||||||||||||
| Auto finance | ||||||||||||||||||||||||||
| Home equity | ||||||||||||||||||||||||||
| Other consumer | ||||||||||||||||||||||||||
| Total consumer | ||||||||||||||||||||||||||
| Total gross charge offs | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||
| Gross Charge Offs by Origination Year | ||||||||||||||||||||||||||
| (in thousands) | Rev Loans Amortized Cost Basis | 2025 | 2024 | 2023 | 2022 | 2021 | Prior | Total | ||||||||||||||||||
| Commercial and industrial | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||
| Commercial real estate-owner occupied | ||||||||||||||||||||||||||
| Commercial and business lending | ||||||||||||||||||||||||||
| Commercial real estate-investor | ||||||||||||||||||||||||||
| Real estate construction | ||||||||||||||||||||||||||
| Commercial real estate lending | ||||||||||||||||||||||||||
| Total commercial | ||||||||||||||||||||||||||
| Residential mortgage | ||||||||||||||||||||||||||
| Auto finance | ||||||||||||||||||||||||||
| Home equity | ||||||||||||||||||||||||||
| Other consumer | ||||||||||||||||||||||||||
| Total consumer | ||||||||||||||||||||||||||
| Total gross charge offs | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||
| Accruing | ||||||||||||||||||||
| (in thousands) | Current | 30-59 Days Past Due | 60-89 Days Past Due | 90+ Days Past Due | Nonaccrual(a)(b) | Total | ||||||||||||||
| Commercial and industrial | $ | $ | $ | $ | $ | $ | ||||||||||||||
| Commercial real estate - owner occupied | ||||||||||||||||||||
| Commercial and business lending | ||||||||||||||||||||
| Commercial real estate - investor | ||||||||||||||||||||
| Real estate construction | ||||||||||||||||||||
| Commercial real estate lending | ||||||||||||||||||||
| Total commercial | ||||||||||||||||||||
| Residential mortgage | ||||||||||||||||||||
| Auto finance | ||||||||||||||||||||
| Home equity | ||||||||||||||||||||
Other consumer(c) | ||||||||||||||||||||
| Total consumer | ||||||||||||||||||||
| Total loans | $ | $ | $ | $ | $ | $ | ||||||||||||||
| Accruing | ||||||||||||||||||||
| (in thousands) | Current | 30-59 Days Past Due | 60-89 Days Past Due | 90+ Days Past Due | Nonaccrual(a)(b) | Total | ||||||||||||||
| Commercial and industrial | $ | $ | $ | $ | $ | $ | ||||||||||||||
| Commercial real estate - owner occupied | ||||||||||||||||||||
| Commercial and business lending | ||||||||||||||||||||
| Commercial real estate - investor | ||||||||||||||||||||
| Real estate construction | ||||||||||||||||||||
| Commercial real estate lending | ||||||||||||||||||||
| Total commercial | ||||||||||||||||||||
| Residential mortgage | ||||||||||||||||||||
| Auto finance | ||||||||||||||||||||
| Home equity | ||||||||||||||||||||
Other consumer(c) | ||||||||||||||||||||
| Total consumer | ||||||||||||||||||||
| Total loans | $ | $ | $ | $ | $ | $ | ||||||||||||||
| Interest Rate Concession | ||||||||||||||
| Amortized Cost | ||||||||||||||
| Three Months Ended Jun 30, | Six Months Ended Jun 30, | |||||||||||||
| (in thousands) | 2026 | 2025 | 2026 | 2025 | ||||||||||
| Commercial and industrial | $ | $ | $ | $ | ||||||||||
| Other consumer | ||||||||||||||
| Total loans modified | $ | $ | $ | $ | ||||||||||
| Term Extension | ||||||||||||||
| Amortized Cost | ||||||||||||||
| Three Months Ended Jun 30, | Six Months Ended Jun 30, | |||||||||||||
| (in thousands) | 2026 | 2025 | 2026 | 2025 | ||||||||||
| Residential mortgage | $ | $ | $ | $ | ||||||||||
| Combination - Interest Rate Concession and Term Extension | ||||||||||||||
| Amortized Cost | ||||||||||||||
| Three Months Ended Jun 30, | Six Months Ended Jun 30, | |||||||||||||
| (in thousands) | 2026 | 2025 | 2026 | 2025 | ||||||||||
| Residential mortgage | $ | $ | $ | $ | ||||||||||
| Home equity | ||||||||||||||
| Total loans modified | $ | $ | $ | $ | ||||||||||
| Interest Rate Concession | ||||||||||||||
Financial Effect, Weighted Average Contractual Interest Rate (Decrease) Increase(a) | ||||||||||||||
| Three Months Ended Jun 30, | Six Months Ended Jun 30, | |||||||||||||
| Loan Type | 2026 | 2025 | 2026 | 2025 | ||||||||||
| Commercial and industrial | ( | % | ( | % | ( | % | ( | % | ||||||
| Residential mortgage | % | % | % | % | ||||||||||
| Home equity | ( | % | % | ( | % | ( | % | |||||||
| Other consumer | ( | % | ( | % | ( | % | ( | % | ||||||
| Weighted average of total loans modified | ( | % | ( | % | ( | % | ( | % | ||||||
| Term Extension | ||||||||||||||
Financial Effect, Weighted Average Term Increase(a) | ||||||||||||||
| Three Months Ended Jun 30, | Six Months Ended Jun 30, | |||||||||||||
| Loan Type | 2026 | 2025 | 2026 | 2025 | ||||||||||
| Residential mortgage | ||||||||||||||
| Home equity | ||||||||||||||
| Weighted average of total loans modified | ||||||||||||||
| Payment Status (Amortized Cost Basis) | |||||||||||
| (in thousands) | Current | 30-89 Days Past Due | 90+ Days Past Due | ||||||||
| Commercial and industrial | $ | $ | $ | ||||||||
| Residential mortgage | |||||||||||
| Home equity | |||||||||||
| Other consumer | |||||||||||
| Total loans modified | $ | $ | $ | ||||||||
| Payment Status (Amortized Cost Basis) | |||||||||||
| (in thousands) | Current | 30-89 Days Past Due | 90+ Days Past Due | ||||||||
| Commercial and industrial | $ | $ | $ | ||||||||
| Residential mortgage | |||||||||||
| Home equity | |||||||||||
| Other consumer | |||||||||||
| Total loans modified | $ | $ | $ | ||||||||
| Amortized Cost of Loan Modifications that Subsequently Defaulted | |||||||||||
| (in thousands) | Interest Rate Concession | Term Extension | Combination Interest Rate Reduction and Term Extension | ||||||||
| Residential mortgage | $ | $ | $ | ||||||||
| (in thousands) | Dec 31, 2025 | Provision for loan losses recorded at acquisition | Allowance for PCD loans acquired | Allowance for PSL acquired | Charge offs | Recoveries | Net (Charge offs) Recoveries | Provision for Credit Losses | Jun 30, 2026 | ACLL / Loans | ||||||||||||||||||||||
| Allowance for loan losses | ||||||||||||||||||||||||||||||||
| Commercial and industrial | $ | $ | $ | $ | $ | ( | $ | $ | ( | $ | $ | |||||||||||||||||||||
| Commercial real estate — owner occupied | — | ( | ||||||||||||||||||||||||||||||
| Commercial and business lending | ( | ( | ||||||||||||||||||||||||||||||
| Commercial real estate — investor | — | ( | ( | ( | ||||||||||||||||||||||||||||
| Real estate construction | — | |||||||||||||||||||||||||||||||
| Commercial real estate lending | — | ( | ( | ( | ||||||||||||||||||||||||||||
| Total commercial | ( | ( | ||||||||||||||||||||||||||||||
| Residential mortgage | — | ( | ( | |||||||||||||||||||||||||||||
| Auto finance | — | ( | ( | |||||||||||||||||||||||||||||
| Home equity | — | ( | ( | |||||||||||||||||||||||||||||
| Other consumer | ( | ( | ||||||||||||||||||||||||||||||
| Total consumer | ( | ( | ||||||||||||||||||||||||||||||
| Total loans | $ | $ | $ | $ | $ | ( | $ | $ | ( | $ | $ | |||||||||||||||||||||
| Allowance for unfunded commitments | ||||||||||||||||||||||||||||||||
| Commercial and industrial | $ | $ | — | $ | $ | $ | — | $ | — | $ | — | $ | ( | $ | ||||||||||||||||||
| Commercial real estate — owner occupied | — | — | — | — | ||||||||||||||||||||||||||||
| Commercial and business lending | — | — | — | — | ( | |||||||||||||||||||||||||||
| Commercial real estate — investor | — | — | — | — | ||||||||||||||||||||||||||||
| Real estate construction | — | — | — | — | ||||||||||||||||||||||||||||
| Commercial real estate lending | — | — | — | — | ||||||||||||||||||||||||||||
| Total commercial | — | — | — | — | ||||||||||||||||||||||||||||
| Home equity | — | — | — | — | ||||||||||||||||||||||||||||
| Other consumer | — | — | — | — | ( | |||||||||||||||||||||||||||
| Total consumer | — | — | — | — | ||||||||||||||||||||||||||||
| Total loans | $ | $ | — | $ | $ | $ | — | $ | — | $ | — | $ | $ | |||||||||||||||||||
| Allowance for credit losses on loans | ||||||||||||||||||||||||||||||||
| Commercial and industrial | $ | $ | $ | $ | $ | ( | $ | $ | ( | $ | $ | % | ||||||||||||||||||||
| Commercial real estate — owner occupied | — | ( | % | |||||||||||||||||||||||||||||
| Commercial and business lending | ( | ( | % | |||||||||||||||||||||||||||||
| Commercial real estate — investor | — | ( | ( | ( | % | |||||||||||||||||||||||||||
| Real estate construction | — | % | ||||||||||||||||||||||||||||||
| Commercial real estate lending | — | ( | ( | % | ||||||||||||||||||||||||||||
| Total commercial | ( | ( | % | |||||||||||||||||||||||||||||
| Residential mortgage | — | ( | ( | % | ||||||||||||||||||||||||||||
| Auto finance | — | ( | ( | % | ||||||||||||||||||||||||||||
| Home equity | — | ( | ( | % | ||||||||||||||||||||||||||||
| Other consumer | ( | ( | % | |||||||||||||||||||||||||||||
| Total consumer | ( | ( | % | |||||||||||||||||||||||||||||
| Total loans | $ | $ | $ | $ | $ | ( | $ | $ | ( | $ | $ | % | ||||||||||||||||||||
| (in thousands) | Dec 31, 2024 | Charge offs | Recoveries | Net (Charge offs) Recoveries | Provision for Credit Losses | Dec 31, 2025 | ACLL / Loans | ||||||||||||||||
| Allowance for loan losses | |||||||||||||||||||||||
| Commercial and industrial | $ | $ | ( | $ | $ | ( | $ | $ | |||||||||||||||
| Commercial real estate — owner occupied | ( | ( | |||||||||||||||||||||
| Commercial and business lending | ( | ( | |||||||||||||||||||||
| Commercial real estate — investor | ( | ( | |||||||||||||||||||||
| Real estate construction | ( | ||||||||||||||||||||||
| Commercial real estate lending | ( | ( | ( | ||||||||||||||||||||
| Total commercial | ( | ( | |||||||||||||||||||||
| Residential mortgage | ( | ( | |||||||||||||||||||||
| Auto finance | ( | ( | |||||||||||||||||||||
| Home equity | ( | ( | |||||||||||||||||||||
| Other consumer | ( | ( | |||||||||||||||||||||
| Total consumer | ( | ( | |||||||||||||||||||||
| Total loans | $ | $ | ( | $ | $ | ( | $ | $ | |||||||||||||||
| Allowance for unfunded commitments | |||||||||||||||||||||||
| Commercial and industrial | $ | $ | — | $ | — | $ | — | $ | $ | ||||||||||||||
| Commercial real estate — owner occupied | — | — | — | ( | |||||||||||||||||||
| Commercial and business lending | — | — | — | ||||||||||||||||||||
| Commercial real estate — investor | — | — | — | ( | |||||||||||||||||||
| Real estate construction | — | — | — | ( | |||||||||||||||||||
| Commercial real estate lending | — | — | — | ( | |||||||||||||||||||
| Total commercial | — | — | — | ||||||||||||||||||||
| Home equity | — | — | — | ( | |||||||||||||||||||
| Other consumer | — | — | — | ||||||||||||||||||||
| Total consumer | — | — | — | ||||||||||||||||||||
| Total loans | $ | $ | — | $ | — | $ | — | $ | $ | ||||||||||||||
| Allowance for credit losses on loans | |||||||||||||||||||||||
| Commercial and industrial | $ | $ | ( | $ | $ | ( | $ | $ | % | ||||||||||||||
| Commercial real estate — owner occupied | ( | ( | % | ||||||||||||||||||||
| Commercial and business lending | ( | ( | % | ||||||||||||||||||||
| Commercial real estate — investor | ( | ( | % | ||||||||||||||||||||
| Real estate construction | ( | % | |||||||||||||||||||||
| Commercial real estate lending | ( | ( | ( | % | |||||||||||||||||||
| Total commercial | ( | ( | % | ||||||||||||||||||||
| Residential mortgage | ( | ( | % | ||||||||||||||||||||
| Auto finance | ( | ( | % | ||||||||||||||||||||
| Home equity | ( | ( | % | ||||||||||||||||||||
| Other consumer | ( | ( | % | ||||||||||||||||||||
| Total consumer | ( | ( | % | ||||||||||||||||||||
| Total loans | $ | $ | ( | $ | $ | ( | $ | $ | % | ||||||||||||||
| (in thousands) | Six Months Ended Jun 30, 2026 | Year Ended Dec 31, 2025 | ||||||
| Core deposit intangibles | ||||||||
| Gross carrying amount at the beginning of period | $ | $ | ||||||
| Additions during the period | — | |||||||
| Accumulated amortization | ( | ( | ||||||
| Net book value | $ | $ | ||||||
| Amortization during the period | $ | $ | ||||||
| (in thousands) | Six Months Ended Jun 30, 2026 | Year Ended Dec 31, 2025 | ||||||
| Mortgage servicing rights | ||||||||
| Mortgage servicing rights at beginning of period | $ | $ | ||||||
| Additions | ||||||||
| Decay | ( | ( | ||||||
| Valuation: | ||||||||
| Changes in fair value of asset | ( | |||||||
| Mortgage servicing rights at end of period | $ | $ | ||||||
| Portfolio of residential mortgage loans serviced for others (“servicing portfolio”) | $ | $ | ||||||
| Mortgage servicing rights to servicing portfolio | % | % | ||||||
| (in thousands) | Core Deposit Intangibles | Mortgage Servicing Rights | ||||||
| Six Months Ended December 31, 2026 | $ | $ | ||||||
| 2027 | ||||||||
| 2028 | ||||||||
| 2029 | ||||||||
| 2030 | ||||||||
| 2031 | ||||||||
| Beyond 2031 | ||||||||
Total estimated amortization expense and MSRs decay(a) | $ | $ | ||||||
| (in thousands) | June 30, 2026 | December 31, 2025 | ||||||
| Short-term funding | ||||||||
| Federal funds purchased | $ | $ | ||||||
| Securities sold under agreements to repurchase | ||||||||
| Federal funds purchased and securities sold under agreements to repurchase | $ | $ | ||||||
| Long-term funding | ||||||||
| Corporation senior notes, at par | $ | $ | ||||||
| Corporation subordinated notes, at par | ||||||||
| Discount and capitalized costs | ( | ( | ||||||
Subordinated debt fair value hedge(a) | ( | |||||||
| Total long-term funding | $ | $ | ||||||
| Total short and long-term funding, excluding FHLB advances | $ | $ | ||||||
| FHLB advances | ||||||||
| Short-term FHLB advances | $ | $ | ||||||
| Long-term FHLB advances | ||||||||
FHLB advances fair value hedge(a) | ( | ( | ||||||
| Total FHLB advances | $ | $ | ||||||
| Total short and long-term funding | $ | $ | ||||||
| Overnight and Continuous | ||||||||
| (in thousands) | June 30, 2026 | December 31, 2025 | ||||||
| Repurchase agreements | ||||||||
| Agency mortgage-related securities | $ | $ | ||||||
| Jun 30, 2026 | Dec 31, 2025 | |||||||||||||||||||||||||
| Asset | Liability | Asset | Liability | |||||||||||||||||||||||
| (in thousands) | Notional Amount | Fair Value | Notional Amount | Fair Value | Notional Amount | Fair Value | Notional Amount | Fair Value | ||||||||||||||||||
| Designated as hedging instruments: | ||||||||||||||||||||||||||
Interest rate-related instruments(a) | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||
| Foreign currency exchange forwards | ||||||||||||||||||||||||||
| Total designated as hedging instruments | ||||||||||||||||||||||||||
| Not designated as hedging instruments: | ||||||||||||||||||||||||||
| Interest rate-related and other instruments | ||||||||||||||||||||||||||
| Foreign currency exchange forwards | ||||||||||||||||||||||||||
Mortgage banking(b) | ||||||||||||||||||||||||||
| Total not designated as hedging instruments | ||||||||||||||||||||||||||
| Gross derivatives before netting | ||||||||||||||||||||||||||
| Less: Legally enforceable master netting agreements | ||||||||||||||||||||||||||
| Less: Cash collateral pledged/received | ||||||||||||||||||||||||||
| Total derivative instruments, after netting | $ | $ | $ | $ | ||||||||||||||||||||||
| Line Item in the Consolidated Balance Sheets in Which the Hedged Item is Included | ||||||||||||||
Carrying Amount of the Hedged Assets/(Liabilities)(a) | Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Assets/(Liabilities) | Carrying Amount of the Hedged Assets/(Liabilities)(a) | Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Assets/(Liabilities) | |||||||||||
| (in thousands) | Jun 30, 2026 | Dec 31, 2025 | ||||||||||||
| Other long-term funding | $ | ( | $ | $ | ( | $ | ( | |||||||
| FHLB Advances | ( | ( | ||||||||||||
| Total | $ | ( | $ | $ | ( | $ | ( | |||||||
| Location and Amount Recognized on the Consolidated Statements of Income in Fair Value and Cash Flow Hedging Relationships | ||||||||||||||||||||||||||
| Three Months Ended Jun 30, | Six Months Ended Jun 30, | |||||||||||||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||||||||||||
| (in thousands) | Interest Income | Interest (Expense) | Interest Income | Interest (Expense) | Interest Income | Interest (Expense) | Interest Income | Interest (Expense) | ||||||||||||||||||
Total amounts of income/expense presented on the consolidated statements of income in which the effects of the fair value or cash flow hedges are recorded(a) | $ | $ | ( | $ | ( | $ | ( | $ | $ | ( | $ | ( | $ | ( | ||||||||||||
| The effects of fair value and cash flow hedging: Impact on fair value hedging relationships in Subtopic 815-20 | ||||||||||||||||||||||||||
| Interest contracts: | ||||||||||||||||||||||||||
| Hedged items | ( | ( | ( | ( | ( | ( | ||||||||||||||||||||
Derivatives designated as hedging instruments(a) | ( | ( | ( | ( | ||||||||||||||||||||||
| Location and Amount Recognized on the Consolidated Statements of Income in Fair Value Hedging Relationships | ||||||||||||||
| Three Months Ended Jun 30, | Six Months Ended Jun 30, | |||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||
| (in thousands) | Capital Markets, Net | Capital Markets, Net | Capital Markets, Net | Capital Markets, Net | ||||||||||
| Total amounts of income/expense presented on the consolidated statements of income in which the effects of the fair value hedges are recorded | $ | $ | $ | $ | ||||||||||
| The effects of fair value hedging: Impact on fair value hedging relationships in Subtopic 815-20 | ||||||||||||||
| Foreign currency contracts: | ||||||||||||||
| Hedged items | ( | ( | ||||||||||||
| Derivatives designated as hedging instruments | ( | ( | ||||||||||||
| Three Months Ended Jun 30, | Six Months Ended Jun 30, | |||||||||||||
| (in thousands) | 2026 | 2025 | 2026 | 2025 | ||||||||||
| Interest rate-related instruments designated as cash flow hedging instruments | ||||||||||||||
Amount of (loss) income recognized in OCI on cash flow hedge derivatives(a) | $ | ( | $ | $ | ( | $ | ||||||||
Amount of loss reclassified from accumulated other comprehensive income (loss) into interest income(a) | ( | ( | ||||||||||||
| Consolidated Statements of Income Category of Gain / (Loss) Recognized in Income | Three Months Ended Jun 30, | Six Months Ended Jun 30, | |||||||||||||||
| (in thousands) | 2026 | 2025 | 2026 | 2025 | |||||||||||||
| Derivative instruments | |||||||||||||||||
| Interest rate-related and other instruments — customer and mirror, net | Capital markets, net | $ | ( | $ | ( | $ | ( | $ | ( | ||||||||
| Interest rate-related instruments — MSRs hedge | Mortgage banking, net | ( | ( | ( | |||||||||||||
| Foreign currency exchange forwards | Capital markets, net | ( | ( | ||||||||||||||
| Interest rate lock commitments (mortgage) | Mortgage banking, net | ||||||||||||||||
| Forward commitments (mortgage) | Mortgage banking, net | ( | ( | ( | |||||||||||||
| Gross Amounts Recognized | Gross Amounts Subject to Master Netting Arrangements Offset on the Consolidated Balance Sheets | Net Amounts Presented on the Consolidated Balance Sheets | Gross Amounts Not Offset on the Consolidated Balance Sheets | |||||||||||||||||
| (in thousands) | Derivative Liabilities Offset | Cash Collateral Received | Security Collateral Received | Net Amount | ||||||||||||||||
| Derivative assets | ||||||||||||||||||||
| June 30, 2026 | $ | $ | ( | $ | ( | $ | $ | ( | $ | |||||||||||
| December 31, 2025 | ( | ( | ( | |||||||||||||||||
| Gross Amounts Recognized | Gross Amounts Subject to Master Netting Arrangements Offset on the Consolidated Balance Sheets | Net Amounts Presented on the Consolidated Balance Sheets | Gross Amounts Not Offset on the Consolidated Balance Sheets | |||||||||||||||||
| (in thousands) | Derivative Assets Offset | Cash Collateral Pledged | Security Collateral Pledged | Net Amount | ||||||||||||||||
| Derivative liabilities | ||||||||||||||||||||
| June 30, 2026 | $ | $ | ( | $ | ( | $ | $ | $ | ||||||||||||
| December 31, 2025 | ( | ( | ||||||||||||||||||
| (in thousands) | Jun 30, 2026 | Dec 31, 2025 | ||||||
Commitments to extend credit(a), excluding commitments to originate residential mortgage loans held for sale(b) | $ | $ | ||||||
Commercial letters of credit(a) | ||||||||
Standby letters of credit(c) | ||||||||
| (in thousands) | Six Months Ended Jun 30, 2026 | Year Ended Dec 31, 2025 | ||||||
| Allowance for unfunded commitments | ||||||||
| Balance at beginning of period | $ | $ | ||||||
| Initial allowance for PCD unfunded commitments | — | |||||||
| Initial allowance for purchased seasoned unfunded commitments | — | |||||||
| Provision for unfunded commitments | ||||||||
| Balance at end of period | $ | $ | ||||||
| Three Months Ended Jun 30, | Six Months Ended Jun 30, | |||||||||||||
| (in thousands) | 2026 | 2025 | 2026 | 2025 | ||||||||||
| Income tax credits and other income tax benefits recognized | $ | $ | $ | $ | ||||||||||
| Amortization expense | ||||||||||||||
| Jun 30, 2026 | |||||||||||||||||
| (in thousands) | Carrying Amount | Fair Value | Level 1 | Level 2 | Level 3 | ||||||||||||
| Assets | |||||||||||||||||
| Cash and due from banks | $ | $ | $ | $ | $ | ||||||||||||
| Interest-bearing deposits in other financial institutions | |||||||||||||||||
| Federal funds sold and securities purchased under agreements to resell | |||||||||||||||||
| AFS investment securities: | |||||||||||||||||
| Obligations of state and political subdivisions (municipal securities) | |||||||||||||||||
| Residential mortgage-related securities: | |||||||||||||||||
| FNMA / FHLMC | |||||||||||||||||
| GNMA | |||||||||||||||||
| Commercial mortgage-related securities: | |||||||||||||||||
| FNMA / FHLMC | |||||||||||||||||
| GNMA | |||||||||||||||||
| Asset backed securities: | |||||||||||||||||
| FFELP | |||||||||||||||||
| SBA | |||||||||||||||||
Other debt securities(b) | |||||||||||||||||
| Total AFS investment securities | |||||||||||||||||
| HTM investment securities: | |||||||||||||||||
| U.S. Treasury securities | |||||||||||||||||
| Obligations of state and political subdivisions (municipal securities) | |||||||||||||||||
| Residential mortgage-related securities: | |||||||||||||||||
| FNMA / FHLMC | |||||||||||||||||
| GNMA | |||||||||||||||||
| Private-label | |||||||||||||||||
| Commercial mortgage-related securities: | |||||||||||||||||
| FNMA / FHLMC | |||||||||||||||||
| GNMA | |||||||||||||||||
| Total HTM investment securities | |||||||||||||||||
| Equity securities: | |||||||||||||||||
| Equity securities | |||||||||||||||||
| Equity securities at NAV | |||||||||||||||||
| Total equity securities | |||||||||||||||||
| Regulatory stocks | |||||||||||||||||
| Residential loans held for sale | |||||||||||||||||
| Commercial loans held for sale | |||||||||||||||||
| Loans, net | |||||||||||||||||
| Bank and corporate owned life insurance | |||||||||||||||||
| Mortgage servicing rights, net | |||||||||||||||||
Interest rate-related instruments designated as hedging instruments(a) | |||||||||||||||||
Foreign currency exchange forwards designated as hedging instruments(a) | |||||||||||||||||
Interest rate-related and other instruments not designated as hedging instruments(a) | |||||||||||||||||
Foreign currency exchange forwards not designated as hedging instruments(a) | |||||||||||||||||
| Interest rate lock commitments to originate residential mortgage loans held for sale | |||||||||||||||||
| Total selected assets at fair value | $ | $ | $ | $ | $ | ||||||||||||
| Jun 30, 2026 | |||||||||||||||||
| (in thousands) | Carrying Amount | Fair Value | Level 1 | Level 2 | Level 3 | ||||||||||||
| Liabilities | |||||||||||||||||
| Deposits: | |||||||||||||||||
| Brokered CDs | $ | $ | $ | $ | $ | ||||||||||||
| Other time deposits | |||||||||||||||||
| Federal funds purchased and securities sold under agreements to repurchase | |||||||||||||||||
| FHLB advances | |||||||||||||||||
| Senior and subordinated debt | |||||||||||||||||
Standby letters of credit(a) | |||||||||||||||||
Interest rate-related instruments designated as hedging instruments(b) | |||||||||||||||||
Foreign currency exchange forwards designated as hedging instruments(b) | |||||||||||||||||
Interest rate-related and other instruments not designated as hedging instruments(b) | |||||||||||||||||
Foreign currency exchange forwards not designated as hedging instruments(b) | |||||||||||||||||
| Forward commitments to sell residential mortgage loans | |||||||||||||||||
| Total selected liabilities at fair value | $ | $ | $ | $ | $ | ||||||||||||
| Dec 31, 2025 | |||||||||||||||||
| (in thousands) | Carrying Amount | Fair Value | Level 1 | Level 2 | Level 3 | ||||||||||||
| Assets | |||||||||||||||||
| Cash and due from banks | $ | $ | $ | $ | $ | ||||||||||||
| Interest-bearing deposits in other financial institutions | |||||||||||||||||
| Federal funds sold and securities purchased under agreements to resell | |||||||||||||||||
| AFS investment securities: | |||||||||||||||||
| Obligations of state and political subdivisions (municipal securities) | |||||||||||||||||
| Residential mortgage-related securities: | |||||||||||||||||
| FNMA / FHLMC | |||||||||||||||||
| GNMA | |||||||||||||||||
| Commercial mortgage-related securities: | |||||||||||||||||
| FNMA / FHLMC | |||||||||||||||||
| GNMA | |||||||||||||||||
| Asset backed securities: | |||||||||||||||||
| FFELP | |||||||||||||||||
| SBA | |||||||||||||||||
| Other debt securities | |||||||||||||||||
| Total AFS investment securities | |||||||||||||||||
| HTM investment securities: | |||||||||||||||||
| U.S. Treasury securities | |||||||||||||||||
| Obligations of state and political subdivisions (municipal securities) | |||||||||||||||||
| Residential mortgage-related securities: | |||||||||||||||||
| FNMA / FHLMC | |||||||||||||||||
| GNMA | |||||||||||||||||
| Private-label | |||||||||||||||||
| Commercial mortgage-related securities: | |||||||||||||||||
| FNMA / FHLMC | |||||||||||||||||
| GNMA | |||||||||||||||||
| Total HTM investment securities | |||||||||||||||||
| Equity securities: | |||||||||||||||||
| Equity securities | |||||||||||||||||
| Equity securities at NAV | |||||||||||||||||
| Total equity securities | |||||||||||||||||
| Regulatory stocks | |||||||||||||||||
| Residential loans held for sale | |||||||||||||||||
| Loans, net | |||||||||||||||||
| Bank and corporate owned life insurance | |||||||||||||||||
| Mortgage servicing rights, net | |||||||||||||||||
Interest rate-related instruments designated as hedging instruments(a) | |||||||||||||||||
Foreign currency exchange forwards designated as hedging instruments(a) | |||||||||||||||||
Interest rate-related and other instruments not designated as hedging instruments(a) | |||||||||||||||||
Foreign currency exchange forwards not designated as hedging instruments(a) | |||||||||||||||||
| Interest rate lock commitments to originate residential mortgage loans held for sale | |||||||||||||||||
| Total selected assets at fair value | $ | $ | $ | $ | $ | ||||||||||||
| Dec 31, 2025 | |||||||||||||||||
| (in thousands) | Carrying Amount | Fair Value | Level 1 | Level 2 | Level 3 | ||||||||||||
| Liabilities | |||||||||||||||||
| Deposits: | |||||||||||||||||
| Brokered CDs | $ | $ | $ | $ | $ | ||||||||||||
| Other time deposits | |||||||||||||||||
| Federal funds purchased and securities sold under agreements to repurchase | |||||||||||||||||
| FHLB advances | |||||||||||||||||
| Senior and subordinated debt | |||||||||||||||||
Standby letters of credit(a) | |||||||||||||||||
Interest rate-related instruments designated as hedging instruments(b) | |||||||||||||||||
Foreign currency exchange forwards designated as hedging instruments(b) | |||||||||||||||||
Interest rate-related and other instruments not designated as hedging instruments(b) | |||||||||||||||||
Foreign currency exchange forwards not designated as hedging instruments(b) | |||||||||||||||||
| Forward commitments to sell residential mortgage loans | |||||||||||||||||
| Total selected liabilities at fair value | $ | $ | $ | $ | $ | ||||||||||||
| (in thousands) | Interest rate lock commitments to originate residential mortgage loans held for sale | Forward commitments to sell residential mortgage loans | ||||||
| Balance December 31, 2024 | $ | $ | ( | |||||
| New production | ( | |||||||
| Closed loans / settlements | ( | |||||||
| Other | ||||||||
| Change in mortgage derivative | ||||||||
| Balance December 31, 2025 | ||||||||
| New production | ( | |||||||
| Closed loans / settlements | ( | |||||||
| Other | ( | ( | ||||||
| Change in mortgage derivative | ( | |||||||
| Balance June 30, 2026 | $ | $ | ||||||
| (in thousands) | |||||
| Fair value as of December 31, 2024 | $ | ||||
| Purchases | |||||
| Sales | ( | ||||
| Transfers out of level 3 | ( | ||||
| Fair value as of December 31, 2025 | $ | ||||
| Fair Value | |||||||||||
| (in thousands) | Fair Value Hierarchy | June 30, 2026 | December 31, 2025 | ||||||||
| Assets | |||||||||||
| Individually evaluated loans | Level 3 | $ | $ | ||||||||
OREO(a) | Level 2 | ||||||||||
| June 30, 2026 | Valuation Technique | Significant Unobservable Input | Range of Inputs | Weighted Average Input Applied | ||||||||||||||||
| Mortgage servicing rights | Discounted cash flow | Option adjusted spread | - | |||||||||||||||||
| Mortgage servicing rights | Discounted cash flow | Constant prepayment rate | - | |||||||||||||||||
| Individually evaluated loans | Discounted cash flow | Discount factor | - | |||||||||||||||||
| Individually evaluated loans | Market approach | Appraisal / Cost to sell | - | |||||||||||||||||
| Interest rate lock commitments to originate residential mortgage loans held for sale | Discounted cash flow | Closing ratio | - | |||||||||||||||||
| Three Months Ended Jun 30, | Six Months Ended Jun 30, | |||||||||||||
| (in thousands) | 2026 | 2025 | 2026 | 2025 | ||||||||||
| RAP | ||||||||||||||
| Service cost | $ | $ | $ | $ | ||||||||||
| Interest cost | ||||||||||||||
| Expected return on plan assets | ( | ( | ( | ( | ||||||||||
| Amortization of prior service credit | ( | ( | ( | ( | ||||||||||
| Total net periodic pension benefit | $ | ( | $ | ( | $ | ( | $ | ( | ||||||
| Postretirement Plan | ||||||||||||||
| Interest cost | $ | $ | $ | $ | ||||||||||
| Amortization of prior service credit | ( | ( | ( | ( | ||||||||||
| Amortization of actuarial loss | ||||||||||||||
| Total net periodic cost | $ | $ | $ | $ | ||||||||||
| Three Months Ended June 30, 2026 | ||||||||||||||
| (in thousands) | Corporate and Commercial Specialty | Community, Consumer and Business | Risk Management and Shared Services | Consolidated Corporation | ||||||||||
| Net segment interest income | $ | $ | $ | $ | ||||||||||
| Net intersegment interest (expense) income | ( | ( | ||||||||||||
| Net interest income (expense) | ( | |||||||||||||
| Noninterest income | ||||||||||||||
| Total income (expense) before provision | ( | |||||||||||||
| Provision for credit losses | ( | |||||||||||||
| Total income after provision | ||||||||||||||
| Noninterest expense | ||||||||||||||
| Personnel | ||||||||||||||
Technology(a) | ||||||||||||||
Occupancy(a) | ||||||||||||||
| Business development and advertising | ||||||||||||||
Equipment(a) | ||||||||||||||
| Legal and professional | ||||||||||||||
| Loan and foreclosure costs | ||||||||||||||
| FDIC assessment | ||||||||||||||
| Other intangible amortization | ||||||||||||||
| Other noninterest expense | ||||||||||||||
| Allocated indirect expense (income) | ( | |||||||||||||
| Total noninterest expense | ||||||||||||||
| Net income (loss) before income taxes | ( | |||||||||||||
| Income tax expense | ( | |||||||||||||
| Net income (loss) | $ | $ | $ | ( | $ | |||||||||
| Loans | $ | $ | $ | $ | ||||||||||
| Allocated goodwill | ||||||||||||||
| Total assets | ||||||||||||||
| Three Months Ended June 30, 2025 | ||||||||||||||
| (in thousands) | Corporate and Commercial Specialty | Community, Consumer and Business | Risk Management and Shared Services | Consolidated Corporation | ||||||||||
| Net segment interest income (expense) | $ | $ | $ | ( | $ | |||||||||
| Net intersegment interest (expense) income | ( | ( | ||||||||||||
| Net interest income (expense) | ( | |||||||||||||
| Noninterest income | ||||||||||||||
| Total income (expense) before provision | ( | |||||||||||||
| Provision for credit losses | ( | |||||||||||||
| Total income (expense) after provision | ( | |||||||||||||
| Noninterest expense | ||||||||||||||
| Personnel | ||||||||||||||
Technology(a) | ||||||||||||||
Occupancy(a) | ||||||||||||||
| Business development and advertising | ||||||||||||||
Equipment(a) | ||||||||||||||
| Legal and professional | ||||||||||||||
| Loan and foreclosure costs | ||||||||||||||
| FDIC assessment | ||||||||||||||
| Other intangible amortization | ||||||||||||||
| Other noninterest expense | ||||||||||||||
| Allocated indirect expense (income) | ( | |||||||||||||
| Total noninterest expense | ||||||||||||||
| Net income (loss) before income taxes | ( | |||||||||||||
| Income tax expense (benefit) | ( | |||||||||||||
| Net income (loss) | $ | $ | $ | ( | $ | |||||||||
| Loans | $ | $ | $ | $ | ||||||||||
| Allocated goodwill | ||||||||||||||
| Total assets | ||||||||||||||
| Six Months Ended Jun 30, 2026 | ||||||||||||||
| (in thousands) | Corporate and Commercial Specialty | Community, Consumer and Business | Risk Management and Shared Services | Consolidated Corporation | ||||||||||
| Net segment interest income | $ | $ | $ | $ | ||||||||||
| Net intersegment interest (expense) income | ( | ( | ||||||||||||
| Net interest income (expense) | ( | |||||||||||||
| Noninterest income | ||||||||||||||
| Total income (expense) before provision | ( | |||||||||||||
| Provision for credit losses | ( | |||||||||||||
| Total income after provision | ||||||||||||||
| Noninterest expense | ||||||||||||||
| Personnel | ||||||||||||||
Technology(a) | ||||||||||||||
Occupancy(a) | ||||||||||||||
| Business development and advertising | ||||||||||||||
Equipment(a) | ||||||||||||||
| Legal and professional | ||||||||||||||
| Loan and foreclosure costs | ||||||||||||||
| FDIC assessment | ||||||||||||||
| Other intangible amortization | ||||||||||||||
| Other noninterest expense | ||||||||||||||
| Allocated indirect expense (income) | ( | |||||||||||||
| Total noninterest expense | ||||||||||||||
| Net income (loss) before income taxes | ( | |||||||||||||
| Income tax expense (benefit) | ( | |||||||||||||
| Net income (loss) | $ | $ | $ | ( | $ | |||||||||
| Six Months Ended Jun 30, 2025 | ||||||||||||||
| (in thousands) | Corporate and Commercial Specialty | Community, Consumer and Business | Risk Management and Shared Services | Consolidated Corporation | ||||||||||
| Net segment interest income (expense) | $ | $ | $ | ( | $ | |||||||||
| Net intersegment interest (expense) income | ( | ( | ||||||||||||
| Net interest income (expense) | ( | |||||||||||||
| Noninterest income | ||||||||||||||
| Total income (expense) before provision | ( | |||||||||||||
| Provision for credit losses | ( | |||||||||||||
| Total income (expense) after provision | ( | |||||||||||||
| Noninterest expense | ||||||||||||||
| Personnel | ||||||||||||||
Technology(a) | ||||||||||||||
Occupancy(a) | ||||||||||||||
| Business development and advertising | ||||||||||||||
Equipment(a) | ||||||||||||||
| Legal and professional | ||||||||||||||
| Loan and foreclosure costs | ||||||||||||||
| FDIC assessment | ||||||||||||||
| Other intangible amortization | ||||||||||||||
| Other noninterest expense | ||||||||||||||
| Allocated indirect expense (income) | ( | |||||||||||||
| Total noninterest expense | ||||||||||||||
| Net income (loss) before income taxes | ( | |||||||||||||
| Income tax expense (benefit) | ( | |||||||||||||
| Net income (loss) | $ | $ | $ | ( | $ | |||||||||
| (in thousands) | Investment Securities | Cash Flow Hedge Derivatives | Defined Benefit Pension and Postretirement Obligations | Accumulated Other Comprehensive Income (Loss) | ||||||||||
Balance December 31, 2025 | $ | ( | $ | $ | ( | $ | ( | |||||||
| Other comprehensive loss before reclassifications | ( | ( | ||||||||||||
| Amounts reclassified from accumulated other comprehensive (loss) income: | ||||||||||||||
Amortization of net unrealized losses on AFS securities transferred to HTM securities | ||||||||||||||
| Other assets / accrued expenses and other liabilities | ( | ( | ||||||||||||
| Interest expense | ( | ( | ||||||||||||
| Personnel expense | ( | ( | ||||||||||||
| Income tax benefit (expense) | ( | |||||||||||||
| Net other comprehensive loss during period | ( | ( | ( | ( | ||||||||||
| Balance June 30, 2026 | $ | ( | $ | ( | $ | ( | $ | ( | ||||||
Balance December 31, 2024 | $ | ( | $ | ( | $ | ( | $ | ( | ||||||
| Other comprehensive income before reclassifications | ||||||||||||||
| Amounts reclassified from accumulated other comprehensive income (loss): | ||||||||||||||
Amortization of net unrealized losses on AFS securities transferred to HTM securities | ||||||||||||||
| Other assets / accrued expenses and other liabilities | ||||||||||||||
| Interest income | ||||||||||||||
| Personnel expense | ( | ( | ||||||||||||
| Other expense | ( | ( | ||||||||||||
| Income tax (expense) benefit | ( | ( | ( | |||||||||||
| Net other comprehensive income during period | ||||||||||||||
| Balance June 30, 2025 | $ | ( | $ | $ | ( | $ | ( | |||||||
| (in thousands) | AFS Investment Securities | Cash Flow Hedge Derivatives | Defined Benefit Pension and Postretirement Obligations | Accumulated Other Comprehensive (Loss) Income | ||||||||||
Balance March 31, 2026 | $ | ( | $ | $ | ( | $ | ( | |||||||
| Other comprehensive loss before reclassifications | ( | ( | ||||||||||||
| Amounts reclassified from accumulated other comprehensive (loss) income: | ||||||||||||||
Amortization of net unrealized losses on AFS securities transferred to HTM securities | ||||||||||||||
| Other assets / accrued expenses and other liabilities | ( | ( | ||||||||||||
| Interest income | ( | ( | ||||||||||||
| Personnel expense | ( | ( | ||||||||||||
| Income tax benefit (expense) | ( | |||||||||||||
| Net other comprehensive loss during period | ( | ( | ( | ( | ||||||||||
| Balance June 30, 2026 | $ | ( | $ | ( | $ | ( | $ | ( | ||||||
| Balance March 31, 2025 | $ | ( | $ | $ | ( | $ | ( | |||||||
| Other comprehensive income before reclassifications | ||||||||||||||
| Amounts reclassified from accumulated other comprehensive income (loss): | ||||||||||||||
Amortization of net unrealized losses on AFS securities transferred to HTM securities | ||||||||||||||
| Other assets / accrued expenses and other liabilities | ||||||||||||||
| Interest income | ||||||||||||||
| Personnel expense | ( | ( | ||||||||||||
| Other expense | ( | ( | ||||||||||||
| Income tax (expense) benefit | ( | ( | ||||||||||||
| Net other comprehensive income (loss) during period | ( | |||||||||||||
| Balance June 30, 2025 | $ | ( | $ | $ | ( | $ | ( | |||||||
| ITEM 2. | Management's Discussion and Analysis of Financial Condition and Results of Operations | ||||
| YTD | Quarter ended | ||||||||||||||||||||||
| (Dollars in thousands, except per share data) | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | ||||||||||||||||
| Net income | $ | 243,200 | $ | 212,916 | $ | 123,564 | $ | 119,635 | $ | 137,129 | $ | 124,732 | $ | 111,230 | |||||||||
| Net income available to common equity | 237,450 | 207,166 | 120,689 | 116,760 | 134,254 | 121,857 | 108,355 | ||||||||||||||||
| Earnings per common share - basic | 1.34 | 1.25 | 0.64 | 0.70 | 0.81 | 0.73 | 0.65 | ||||||||||||||||
| Earnings per common share - diluted | 1.33 | 1.24 | 0.63 | 0.70 | 0.80 | 0.73 | 0.65 | ||||||||||||||||
Dividend payout ratio(a) | 35.82 | % | 36.80 | % | 37.50 | % | 34.29 | % | 29.63 | % | 31.51% | 35.38 | % | ||||||||||
Book value / share(b) | 28.85 | 29.04 | 28.81 | 28.17 | 27.67 | ||||||||||||||||||
Tangible book value (TBV) / share(b)(c) | 22.15 | 22.23 | 22.01 | 21.36 | 20.84 | ||||||||||||||||||
| Performance ratios | |||||||||||||||||||||||
Return on average assets(d) | 1.02 | % | 1.00 | % | 0.97 | % | 1.08 | % | 1.23 | % | 1.12 | % | 1.03 | % | |||||||||
Return on average tangible assets(c)(d) | 1.07 | % | 1.04 | % | 1.03 | % | 1.12 | % | 1.27 | % | 1.17 | % | 1.07 | % | |||||||||
Return on average equity(d) | 9.22 | % | 9.17 | % | 8.81 | % | 9.69 | % | 11.09 | % | 10.26 | % | 9.43 | % | |||||||||
Return on average tangible common equity (ROATCE)(c)(d) | 12.54 | % | 12.66 | % | 12.12 | % | 13.03 | % | 15.04 | % | 14.02 | % | 12.96 | % | |||||||||
| Efficiency ratios (expense / revenue) | |||||||||||||||||||||||
| Fully tax-equivalent efficiency ratio | 57.26 | % | 57.70 | % | 58.30 | % | 56.03 | % | 55.21 | % | 54.77 | % | 55.81 | % | |||||||||
Adjusted efficiency ratio(c) | 54.23 | % | 57.15 | % | 52.91 | % | 55.77 | % | 55.15 | % | 54.77 | % | 55.81 | % | |||||||||
| Six Months Ended Jun 30, | ||||||||||||||||||||
| 2026 | 2025(a) | |||||||||||||||||||
(Dollars in thousands) | Average Balance | Interest Income / Expense | Average Yield / Rate | Average Balance | Interest Income / Expense | Average Yield / Rate | ||||||||||||||
| Assets | ||||||||||||||||||||
| Earning assets | ||||||||||||||||||||
Loans(b)(c) | ||||||||||||||||||||
| Commercial and industrial | $ | 12,485,064 | $ | 369,755 | 5.97% | $ | 10,783,368 | $ | 349,740 | 6.54% | ||||||||||
| Commercial real estate—owner occupied | 1,385,167 | 37,968 | 5.53% | 1,127,535 | 32,214 | 5.76% | ||||||||||||||
| Commercial and business lending | 13,870,231 | 407,723 | 5.93% | 11,910,904 | 381,954 | 6.46% | ||||||||||||||
| Commercial real estate—investor | 5,893,380 | 177,285 | 6.06% | 5,499,334 | 178,658 | 6.55% | ||||||||||||||
| Real estate construction | 2,233,900 | 74,468 | 6.72% | 1,884,065 | 67,829 | 7.26% | ||||||||||||||
| Commercial real estate lending | 8,127,280 | 251,753 | 6.24% | 7,383,399 | 246,486 | 6.73% | ||||||||||||||
| Total commercial | 21,997,511 | 659,476 | 6.04% | 19,294,303 | 628,440 | 6.57% | ||||||||||||||
| Residential mortgage | 6,874,603 | 130,603 | 3.80% | 7,144,851 | 131,818 | 3.69% | ||||||||||||||
| Auto finance | 3,587,435 | 100,736 | 5.66% | 2,889,190 | 80,332 | 5.61% | ||||||||||||||
| Home equity | 763,919 | 24,788 | 6.49% | 662,509 | 24,150 | 7.29% | ||||||||||||||
| Other consumer | 365,077 | 18,892 | 10.44% | 311,691 | 17,417 | 11.27% | ||||||||||||||
| Total consumer | 11,591,034 | 275,019 | 4.76% | 11,008,241 | 253,717 | 4.62% | ||||||||||||||
| Total loans | 33,588,545 | 934,495 | 5.60% | 30,302,544 | 882,157 | 5.86% | ||||||||||||||
| Investments | ||||||||||||||||||||
| Taxable securities | 7,615,581 | 164,023 | 4.31% | 6,489,135 | 140,962 | 4.34% | ||||||||||||||
Tax-exempt securities(b) | 1,975,205 | 34,763 | 3.52% | 2,010,403 | 35,264 | 3.51% | ||||||||||||||
| Other short-term investments | 1,154,975 | 26,335 | 4.60% | 878,929 | 21,921 | 5.03% | ||||||||||||||
| Total investments | 10,745,761 | 225,121 | 4.19% | 9,378,467 | 198,147 | 4.23% | ||||||||||||||
| Total earning assets and related interest income | 44,334,306 | $ | 1,159,616 | 5.26% | 39,681,011 | $ | 1,080,304 | 5.48% | ||||||||||||
| Other assets, net | 3,810,263 | 3,346,515 | ||||||||||||||||||
| Total assets | $ | 48,144,569 | $ | 43,027,526 | ||||||||||||||||
| Liabilities and stockholders' equity | ||||||||||||||||||||
| Interest-bearing liabilities | ||||||||||||||||||||
| Interest-bearing deposits | ||||||||||||||||||||
| Savings | $ | 5,791,146 | $ | 37,505 | 1.31% | $ | 5,192,835 | $ | 35,068 | 1.36% | ||||||||||
| Interest-bearing demand | 8,305,614 | 71,397 | 1.73% | 7,856,593 | 87,915 | 2.26% | ||||||||||||||
| Money market | 6,855,912 | 80,215 | 2.36% | 6,033,999 | 78,255 | 2.62% | ||||||||||||||
| Network transaction deposits | 1,898,760 | 34,961 | 3.71% | 1,845,974 | 40,278 | 4.40% | ||||||||||||||
| Brokered CDs | 3,808,685 | 75,298 | 3.99% | 4,201,955 | 94,711 | 4.55% | ||||||||||||||
| Other time deposits | 4,592,267 | 79,662 | 3.50% | 3,740,683 | 70,569 | 3.80% | ||||||||||||||
| Total interest-bearing deposits | 31,252,384 | 379,038 | 2.45% | 28,872,038 | 406,796 | 2.84% | ||||||||||||||
| Federal funds purchased and securities sold under agreements to repurchase | 442,876 | 7,818 | 3.56% | 297,963 | 5,626 | 3.81% | ||||||||||||||
| FHLB advances | 3,558,141 | 66,621 | 3.78% | 2,413,352 | 50,979 | 4.26% | ||||||||||||||
| Senior and subordinated debt | 593,292 | 20,326 | 6.85% | 609,788 | 21,785 | 7.15% | ||||||||||||||
| Other interest-bearing liabilities | 13,835 | 306 | 4.46% | 24,683 | 695 | 5.68% | ||||||||||||||
| Total funding | 4,608,144 | 95,071 | 4.15% | 3,345,786 | 79,085 | 4.76% | ||||||||||||||
| Total interest-bearing liabilities and related interest expense | 35,860,528 | $ | 474,109 | 2.67% | 32,217,824 | $ | 485,881 | 3.04% | ||||||||||||
| Noninterest-bearing demand deposits | 6,533,624 | 5,644,554 | ||||||||||||||||||
| Other liabilities | 431,445 | 483,247 | ||||||||||||||||||
| Stockholders’ equity | 5,318,972 | 4,681,901 | ||||||||||||||||||
| Total liabilities and stockholders’ equity | $ | 48,144,569 | $ | 43,027,526 | ||||||||||||||||
| Interest rate spread | 2.59% | 2.44% | ||||||||||||||||||
| Net free funds | 0.51% | 0.57% | ||||||||||||||||||
| Fully tax-equivalent net interest income and net interest margin | $ | 685,507 | 3.10% | $ | 594,423 | 3.01% | ||||||||||||||
| Fully tax-equivalent adjustment | (8,279) | (8,483) | ||||||||||||||||||
| Net interest income | $ | 677,228 | $ | 585,940 | ||||||||||||||||
| Three Months Ended, | |||||||||||||||||||||||||||||
| Jun 30, 2026 | Mar 31, 2026 | Jun 30, 2025(a) | |||||||||||||||||||||||||||
| (Dollars in thousands) | Average Balance | Interest Income / Expense | Average Yield / Rate | Average Balance | Interest Income / Expense | Average Yield / Rate | Average Balance | Interest Income / Expense | Average Yield / Rate | ||||||||||||||||||||
| Assets | |||||||||||||||||||||||||||||
| Earning assets | |||||||||||||||||||||||||||||
Loans(b)(c) | |||||||||||||||||||||||||||||
| Commercial and industrial | $ | 13,185,643 | $ | 197,248 | 6.00% | $ | 11,776,702 | $ | 172,507 | 5.94% | $ | 10,981,221 | $ | 179,955 | 6.57% | ||||||||||||||
| Commercial real estate—owner occupied | 1,577,489 | 22,000 | 5.59% | 1,190,708 | 15,968 | 5.44% | 1,114,054 | 16,014 | 5.77% | ||||||||||||||||||||
| Commercial and business lending | 14,763,132 | 219,248 | 5.96% | 12,967,410 | 188,475 | 5.89% | 12,095,274 | 195,969 | 6.50% | ||||||||||||||||||||
| Commercial real estate—investor | 6,502,707 | 99,131 | 6.11% | 5,277,283 | 78,154 | 6.01% | 5,582,333 | 91,569 | 6.58% | ||||||||||||||||||||
| Real estate construction | 2,410,500 | 40,425 | 6.73% | 2,055,338 | 34,043 | 6.72% | 1,869,708 | 33,883 | 7.27% | ||||||||||||||||||||
| Commercial real estate lending | 8,913,207 | 139,556 | 6.28% | 7,332,621 | 112,197 | 6.21% | 7,452,041 | 125,452 | 6.75% | ||||||||||||||||||||
| Total commercial | 23,676,339 | 358,804 | 6.08% | 20,300,031 | 300,672 | 6.01% | 19,547,316 | 321,421 | 6.59% | ||||||||||||||||||||
| Residential mortgage | 6,916,754 | 65,963 | 3.81% | 6,831,984 | 64,640 | 3.78% | 7,034,607 | 64,995 | 3.70% | ||||||||||||||||||||
| Auto finance | 4,044,290 | 58,768 | 5.83% | 3,125,504 | 41,969 | 5.45% | 2,933,161 | 41,156 | 5.63% | ||||||||||||||||||||
| Home equity | 817,378 | 13,096 | 6.41% | 709,865 | 11,692 | 6.60% | 667,339 | 12,098 | 7.25% | ||||||||||||||||||||
| Other consumer | 415,476 | 10,388 | 10.03% | 314,118 | 8,504 | 10.98% | 309,578 | 8,644 | 11.20% | ||||||||||||||||||||
| Total consumer | 12,193,898 | 148,215 | 4.87% | 10,981,471 | 126,805 | 4.65% | 10,944,685 | 126,893 | 4.64% | ||||||||||||||||||||
| Total loans | 35,870,237 | 507,019 | 5.67% | 31,281,502 | 427,477 | 5.53% | 30,492,001 | 448,313 | 5.89% | ||||||||||||||||||||
| Investments | |||||||||||||||||||||||||||||
| Taxable securities | 8,153,435 | 88,347 | 4.33% | 7,071,751 | 75,676 | 4.28% | 6,578,690 | 71,174 | 4.33% | ||||||||||||||||||||
Tax-exempt securities(b) | 1,971,946 | 17,373 | 3.52% | 1,978,501 | 17,389 | 3.52% | 2,004,725 | 17,598 | 3.51% | ||||||||||||||||||||
| Other short-term investments | 1,291,636 | 14,694 | 4.56% | 1,016,795 | 11,641 | 4.64% | 999,294 | 12,679 | 5.09% | ||||||||||||||||||||
| Total investments | 11,417,017 | 120,414 | 4.22% | 10,067,047 | 104,706 | 4.17% | 9,582,709 | 101,451 | 4.24% | ||||||||||||||||||||
| Total earning assets and related interest income | 47,287,254 | $ | 627,433 | 5.32% | 41,348,549 | $ | 532,183 | 5.20% | 40,074,710 | $ | 549,764 | 5.50% | |||||||||||||||||
| Other assets, net | 3,948,588 | 3,670,399 | 3,345,353 | ||||||||||||||||||||||||||
| Total assets | $ | 51,235,842 | $ | 45,018,948 | $ | 43,420,063 | |||||||||||||||||||||||
| Liabilities and stockholders' equity | |||||||||||||||||||||||||||||
| Interest-bearing liabilities | |||||||||||||||||||||||||||||
| Interest-bearing deposits | |||||||||||||||||||||||||||||
| Savings | $ | 6,046,605 | $ | 19,815 | 1.31% | $ | 5,532,848 | $ | 17,690 | 1.30% | $ | 5,222,869 | $ | 17,139 | 1.32% | ||||||||||||||
| Interest-bearing demand | 8,720,180 | 37,161 | 1.71% | 7,886,442 | 34,236 | 1.76% | 7,683,402 | 42,485 | 2.22% | ||||||||||||||||||||
| Money market | 7,641,652 | 45,976 | 2.41% | 6,061,442 | 34,239 | 2.29% | 5,988,947 | 38,695 | 2.59% | ||||||||||||||||||||
| Network transaction deposits | 1,879,876 | 17,459 | 3.73% | 1,917,854 | 17,502 | 3.70% | 1,843,998 | 20,211 | 4.40% | ||||||||||||||||||||
| Brokered CDs | 4,085,995 | 40,487 | 3.97% | 3,528,294 | 34,811 | 4.00% | 4,089,844 | 45,418 | 4.45% | ||||||||||||||||||||
| Other time deposits | 4,945,821 | 42,867 | 3.48% | 4,234,785 | 36,795 | 3.52% | 3,725,205 | 33,707 | 3.63% | ||||||||||||||||||||
| Total interest-bearing deposits | 33,320,129 | 203,765 | 2.45% | 29,161,665 | 175,273 | 2.44% | 28,554,266 | 197,656 | 2.78% | ||||||||||||||||||||
| Federal funds purchased and securities sold under agreements to repurchase | 460,414 | 4,085 | 3.56% | 425,142 | 3,732 | 3.56% | 220,872 | 2,004 | 3.64% | ||||||||||||||||||||
| FHLB advances | 3,733,950 | 35,052 | 3.77% | 3,380,379 | 31,570 | 3.79% | 3,221,749 | 34,889 | 4.34% | ||||||||||||||||||||
| Senior and subordinated debt | 592,195 | 10,163 | 6.86% | 594,401 | 10,163 | 6.84% | 592,399 | 10,700 | 7.22% | ||||||||||||||||||||
| Other interest-bearing liabilities | 16,430 | 190 | 4.64% | 11,212 | 116 | 4.18% | 17,844 | 287 | 6.45% | ||||||||||||||||||||
| Total funding | 4,802,989 | 49,490 | 4.13% | 4,411,134 | 45,581 | 4.18% | 4,052,863 | 47,880 | 4.74% | ||||||||||||||||||||
| Total interest-bearing liabilities and related interest expense | 38,123,118 | $ | 253,255 | 2.66% | 33,572,799 | $ | 220,854 | 2.67% | 32,607,129 | $ | 245,536 | 3.02% | |||||||||||||||||
| Noninterest-bearing demand deposits | 7,062,098 | 5,999,278 | 5,648,935 | ||||||||||||||||||||||||||
| Other liabilities | 422,642 | 440,344 | 431,338 | ||||||||||||||||||||||||||
| Stockholders’ equity | 5,627,984 | 5,006,527 | 4,732,661 | ||||||||||||||||||||||||||
| Total liabilities and stockholders’ equity | $ | 51,235,842 | $ | 45,018,948 | $ | 43,420,063 | |||||||||||||||||||||||
| Interest rate spread | 2.65% | 2.53% | 2.48% | ||||||||||||||||||||||||||
| Net free funds | 0.52% | 0.50% | 0.56% | ||||||||||||||||||||||||||
| Fully tax-equivalent net interest income and net interest margin | $ | 374,178 | 3.17% | $ | 311,329 | 3.03% | $ | 304,228 | 3.04% | ||||||||||||||||||||
| Fully tax-equivalent adjustment | (4,139) | (4,139) | (4,228) | ||||||||||||||||||||||||||
| Net interest income | $ | 370,039 | $ | 307,190 | $ | 300,000 | |||||||||||||||||||||||
| Six months ended | Three months ended | Changes vs | ||||||||||||||||||||||||||||||
| (Dollars in thousands, except as noted) | Jun 30, 2026 | Jun 30, 2025 | YTD % Change | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2026 | Jun 30, 2025 | ||||||||||||||||||||||
| Wealth management fees | $ | 51,435 | $ | 45,522 | 13 | % | $ | 26,217 | $ | 25,219 | $ | 25,742 | $ | 25,315 | $ | 23,025 | 4 | % | 14 | % | ||||||||||||
| Service charges and deposit account fees | 29,916 | 25,961 | 15 | % | 15,863 | 14,054 | 13,827 | 13,861 | 13,147 | 13 | % | 21 | % | |||||||||||||||||||
| Card-based fees | 25,740 | 21,642 | 19 | % | 14,161 | 11,579 | 12,679 | 12,308 | 11,200 | 22 | % | 26 | % | |||||||||||||||||||
| Other fee-based revenue | 10,623 | 10,245 | 4 | % | 5,758 | 4,862 | 5,557 | 5,414 | 4,995 | 18 | % | 15 | % | |||||||||||||||||||
| Capital markets, net | 14,018 | 10,110 | 39 | % | 7,476 | 6,543 | 11,175 | 10,764 | 5,765 | 14 | % | 30 | % | |||||||||||||||||||
| Mortgage banking, net | 8,888 | 8,035 | 11 | % | 2,777 | 6,111 | 2,926 | 3,541 | 4,213 | (55) | % | (34) | % | |||||||||||||||||||
| Loss on mortgage portfolio sale | — | (6,976) | (100) | % | — | — | — | — | — | — | % | — | % | |||||||||||||||||||
| Bank and corporate owned life insurance | 8,430 | 9,339 | (10) | % | 4,615 | 3,816 | 3,804 | 4,051 | 4,135 | 21 | % | 12 | % | |||||||||||||||||||
| Asset gains (losses), net | 1,629 | (2,613) | N/M | 789 | 840 | 838 | 3,340 | (1,735) | (6) | % | N/M | |||||||||||||||||||||
| Investment securities gains, net | 6 | 11 | (45) | % | 35 | (28) | 37 | 1 | 7 | N/M | N/M | |||||||||||||||||||||
| Other | 5,571 | $ | 4,477 | 24 | % | 2,707 | 2,861 | 2,799 | 2,670 | 2,226 | (5) | % | 22 | % | ||||||||||||||||||
| Total noninterest income | $ | 156,256 | $ | 125,754 | 24 | % | $ | 80,398 | $ | 75,857 | $ | 79,384 | $ | 81,265 | $ | 66,977 | 6 | % | 20 | % | ||||||||||||
Assets under management, at market value(a) | 17,009 | 15,708 | 16,132 | 16,178 | 15,537 | 8 | % | 9 | % | |||||||||||||||||||||||
| Six months ended | Three months ended | QTD % Change vs | ||||||||||||||||||||||||||||||
| (Dollars in thousands) | Jun 30, 2026 | Jun 30, 2025 | YTD % Change | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2026 | Jun 30, 2025 | ||||||||||||||||||||||
| Personnel | $ | 296,341 | $ | 250,890 | 18 | % | $ | 161,168 | $ | 135,172 | $ | 135,130 | $ | 135,703 | $ | 126,994 | 19 | % | 27 | % | ||||||||||||
| Technology | 62,603 | 53,646 | 17 | % | 32,867 | 29,736 | 28,641 | 28,590 | 26,508 | 11 | % | 24 | % | |||||||||||||||||||
| Occupancy | 27,817 | 28,025 | (1) | % | 14,091 | 13,725 | 14,229 | 12,757 | 12,644 | 3 | % | 11 | % | |||||||||||||||||||
| Business development and advertising | 16,374 | 14,134 | 16 | % | 8,548 | 7,827 | 9,118 | 8,362 | 7,748 | 9 | % | 10 | % | |||||||||||||||||||
| Equipment | 11,033 | 9,021 | 22 | % | 5,423 | 5,610 | 6,888 | 4,368 | 4,494 | (3) | % | 21 | % | |||||||||||||||||||
| Legal and professional | 24,176 | 12,757 | 90 | % | 17,454 | 6,721 | 5,945 | 5,232 | 6,674 | 160 | % | 162 | % | |||||||||||||||||||
| Loan and foreclosure costs | 3,259 | 5,299 | (38) | % | 1,552 | 1,707 | 1,327 | 1,638 | 2,705 | (9) | % | (43) | % | |||||||||||||||||||
| FDIC assessment | 19,432 | 20,144 | (4) | % | 10,595 | 8,837 | 6,589 | 9,980 | 9,708 | 20 | % | 9 | % | |||||||||||||||||||
| Other intangible amortization | 9,096 | 4,405 | 106 | % | 6,894 | 2,203 | 2,203 | 2,203 | 2,203 | N/M | N/M | |||||||||||||||||||||
| Other | 20,914 | 21,648 | (3) | % | 13,290 | 7,625 | 9,396 | 7,369 | 9,674 | 74 | % | 37 | % | |||||||||||||||||||
| Total noninterest expense | $ | 491,045 | $ | 419,971 | 17 | % | $ | 271,882 | $ | 219,163 | $ | 219,466 | $ | 216,202 | $ | 209,352 | 24 | % | 30 | % | ||||||||||||
| Average FTEs excluding overtime | 4,129 | 3,993 | 3 | % | 4,321 | 3,934 | 3,919 | 3,982 | 3,980 | 10 | % | 9 | % | |||||||||||||||||||
| Annualized noninterest expense / average assets | 2.06 | % | 1.97 | % | 2.13 | % | 1.97 | % | 1.96 | % | 1.95 | % | 1.93 | % | ||||||||||||||||||
| Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | ||||||||||||||||||||||||||||
| (Dollars in thousands) | Amount | % of Total | Amount | % of Total | Amount | % of Total | Amount | % of Total | Amount | % of Total | ||||||||||||||||||||||
| Commercial and industrial | $ | 13,750,175 | 38 | % | $ | 12,339,597 | 39 | % | $ | 11,799,757 | 38 | % | $ | 11,567,651 | 37 | % | $ | 11,281,964 | 37 | % | ||||||||||||
| Commercial real estate — owner occupied | 1,575,445 | 4 | % | 1,193,778 | 4 | % | 1,186,324 | 4 | % | 1,149,939 | 4 | % | 1,101,501 | 4 | % | |||||||||||||||||
| Commercial and business lending | 15,325,620 | 42 | % | 13,533,375 | 43 | % | 12,986,081 | 42 | % | 12,717,590 | 41 | % | 12,383,465 | 40 | % | |||||||||||||||||
| Commercial real estate — investor | 6,492,950 | 18 | % | 5,266,584 | 16 | % | 5,246,030 | 17 | % | 5,369,441 | 17 | % | 5,370,422 | 18 | % | |||||||||||||||||
| Real estate construction | 2,546,186 | 7 | % | 2,117,479 | 7 | % | 1,994,642 | 6 | % | 1,958,766 | 6 | % | 1,950,267 | 6 | % | |||||||||||||||||
| Commercial real estate lending | 9,039,136 | 25 | % | 7,384,063 | 23 | % | 7,240,672 | 23 | % | 7,328,207 | 24 | % | 7,320,689 | 24 | % | |||||||||||||||||
| Total commercial | 24,364,756 | 67 | % | 20,917,438 | 66 | % | 20,226,753 | 65 | % | 20,045,797 | 65 | % | 19,704,154 | 64 | % | |||||||||||||||||
| Residential mortgage | 6,808,398 | 19 | % | 6,727,734 | 21 | % | 6,793,957 | 22 | % | 6,858,285 | 22 | % | 6,949,387 | 23 | % | |||||||||||||||||
| Auto finance | 4,044,416 | 11 | % | 3,136,334 | 10 | % | 3,106,498 | 10 | % | 3,041,644 | 10 | % | 2,969,495 | 10 | % | |||||||||||||||||
| Home equity | 826,343 | 2 | % | 706,075 | 2 | % | 713,271 | 2 | % | 698,112 | 2 | % | 676,208 | 2 | % | |||||||||||||||||
| Other consumer | 423,127 | 1 | % | 310,583 | 1 | % | 323,135 | 1 | % | 308,126 | 1 | % | 308,361 | 1 | % | |||||||||||||||||
| Total consumer | 12,102,284 | 33 | % | 10,880,726 | 34 | % | 10,936,861 | 35 | % | 10,906,167 | 35 | % | 10,903,451 | 36 | % | |||||||||||||||||
| Total loans | $ | 36,467,040 | 100 | % | $ | 31,798,164 | 100 | % | $ | 31,163,614 | 100 | % | $ | 30,951,964 | 100 | % | $ | 30,607,605 | 100 | % | ||||||||||||
| (Dollars in thousands) | Within 1 Year(a) | 1-5 Years | 5-15 Years | Over 15 Years | Total | % of Total | ||||||||||||||
| Fixed rate | ||||||||||||||||||||
| Commercial and industrial | $ | 4,840,849 | $ | 1,396,539 | $ | 342,031 | $ | 35 | $ | 6,579,454 | 18 | % | ||||||||
| Commercial real estate — owner occupied | 160,187 | 397,749 | 125,816 | 6,931 | 690,683 | 2 | % | |||||||||||||
| Commercial and business lending | 5,001,036 | 1,794,288 | 467,847 | 6,966 | 7,270,137 | 20 | % | |||||||||||||
| Commercial real estate — investor | 697,252 | 654,378 | 94,312 | 5,232 | 1,451,174 | 4 | % | |||||||||||||
| Real estate construction | 410,812 | 113,475 | 10,903 | 6,935 | 542,125 | 1 | % | |||||||||||||
| Commercial real estate lending | 1,108,064 | 767,853 | 105,215 | 12,167 | 1,993,299 | 5 | % | |||||||||||||
| Total commercial | 6,109,100 | 2,562,141 | 573,062 | 19,133 | 9,263,436 | 25 | % | |||||||||||||
| Residential mortgage | 22,691 | 74,371 | 302,290 | 3,953,549 | 4,352,901 | 12 | % | |||||||||||||
| Auto finance | 22,074 | 2,310,151 | 1,712,191 | — | 4,044,416 | 11 | % | |||||||||||||
| Home equity | 1,099 | 6,308 | 23,844 | 6,995 | 38,246 | — | % | |||||||||||||
| Other consumer | 7,684 | 75,135 | 61,436 | 4,315 | 148,570 | — | % | |||||||||||||
| Total consumer | 53,548 | 2,465,965 | 2,099,761 | 3,964,859 | 8,584,133 | 23 | % | |||||||||||||
| Total fixed rate loans | $ | 6,162,648 | $ | 5,028,106 | $ | 2,672,823 | $ | 3,983,992 | $ | 17,847,569 | 48 | % | ||||||||
| Floating or adjustable rate | ||||||||||||||||||||
| Commercial and industrial | $ | 7,046,167 | $ | 114,620 | $ | 972 | $ | 8,962 | $ | 7,170,721 | 20 | % | ||||||||
| Commercial real estate — owner occupied | 789,238 | 94,747 | 777 | — | 884,762 | 2 | % | |||||||||||||
| Commercial and business lending | 7,835,405 | 209,367 | 1,749 | 8,962 | 8,055,483 | 22 | % | |||||||||||||
| Commercial real estate — investor | 4,786,443 | 250,962 | 3,759 | 612 | 5,041,776 | 14 | % | |||||||||||||
| Real estate construction | 1,981,142 | 22,919 | — | — | 2,004,061 | 6 | % | |||||||||||||
| Commercial real estate lending | 6,767,585 | 273,881 | 3,759 | 612 | 7,045,837 | 20 | % | |||||||||||||
| Total commercial | 14,602,990 | 483,248 | 5,508 | 9,574 | 15,101,320 | 42 | % | |||||||||||||
| Residential mortgage | 221,237 | 1,035,531 | 1,198,674 | 55 | 2,455,497 | 7 | % | |||||||||||||
| Home equity | 754,144 | 33,600 | 316 | 37 | 788,097 | 2 | % | |||||||||||||
| Other consumer | 274,557 | — | — | — | 274,557 | 1 | % | |||||||||||||
| Total consumer | 1,249,938 | 1,069,131 | 1,198,990 | 92 | 3,518,151 | 10 | % | |||||||||||||
| Total floating or adjustable rate loans | $ | 15,852,928 | $ | 1,552,379 | $ | 1,204,498 | $ | 9,666 | $ | 18,619,471 | 52 | % | ||||||||
| Total loans | $ | 22,015,576 | $ | 6,580,485 | $ | 3,877,321 | $ | 3,993,658 | $ | 36,467,040 | 100 | % | ||||||||
| Jun 30, 2026 | NAICS Subsector | Outstanding Balance | Total Exposure | % of Total Loan Exposure | ||||||||||
| (Dollars in thousands) | ||||||||||||||
Utilities(a) | 221 | $ | 3,253,512 | $ | 4,249,681 | 9 | % | |||||||
Real Estate(b) | 531 | 2,616,999 | 4,137,227 | 8 | % | |||||||||
Credit Intermediation and Related Activities(c) | 522 | 1,039,948 | 1,583,471 | 3 | % | |||||||||
| Merchant Wholesalers, Durable Goods | 423 | 737,268 | 1,213,733 | 2 | % | |||||||||
| Jun 30, 2026 | % of Total Loan Exposure | % of Total Commercial Real Estate - Investor Loan Exposure | ||||||
| Multi-Family | 5 | % | 37 | % | ||||
| Industrial | 3 | % | 24 | % | ||||
| Office | 2 | % | 16 | % | ||||
| Jun 30, 2026 | % of Total Loan Exposure | % of Total Real Estate Construction Loan Exposure | ||||||
| Multi-Family | 5 | % | 50 | % | ||||
| (Dollars in thousands) | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | ||||||||||||
| Nonperforming assets | |||||||||||||||||
| Commercial and industrial | $ | 44,388 | $ | 19,606 | $ | 7,178 | $ | 12,802 | $ | 6,945 | |||||||
| Commercial real estate — owner occupied | 3,255 | 34 | 203 | 203 | — | ||||||||||||
| Commercial and business lending | 47,643 | 19,640 | 7,381 | 13,006 | 6,945 | ||||||||||||
| Commercial real estate — investor | 11,184 | 8,078 | 8,311 | 7,333 | 15,805 | ||||||||||||
| Real estate construction | 2,974 | 25 | 144 | 145 | 146 | ||||||||||||
| Commercial real estate lending | 14,158 | 8,103 | 8,455 | 7,478 | 15,950 | ||||||||||||
| Total commercial | 61,801 | 27,743 | 15,836 | 20,484 | 22,895 | ||||||||||||
| Residential mortgage | 70,335 | 66,890 | 68,492 | 69,093 | 73,817 | ||||||||||||
| Auto finance | 10,973 | 8,888 | 8,271 | 8,218 | 8,004 | ||||||||||||
| Home equity | 6,582 | 6,950 | 7,774 | 8,299 | 8,201 | ||||||||||||
| Other consumer | 262 | 110 | 55 | 85 | 82 | ||||||||||||
| Total consumer | 88,152 | 82,838 | 84,592 | 85,696 | 90,104 | ||||||||||||
| Total nonaccrual loans | 149,953 | 110,581 | 100,428 | 106,179 | 112,999 | ||||||||||||
| Commercial real estate owned | 28,856 | 25,530 | 25,530 | 27,203 | 31,629 | ||||||||||||
| Residential real estate owned | 2,690 | 3,692 | 2,414 | 1,816 | 1,687 | ||||||||||||
Bank properties real estate owned(a) | 2,506 | 3,312 | 72 | 249 | 972 | ||||||||||||
| OREO | 34,052 | 32,534 | 28,016 | 29,268 | 34,287 | ||||||||||||
| Repossessed assets | 1,293 | 806 | 757 | 789 | 882 | ||||||||||||
| Total nonperforming assets | $ | 185,298 | $ | 143,921 | $ | 129,201 | $ | 136,236 | $ | 148,169 | |||||||
| Accruing loans past due 90 days or more | |||||||||||||||||
| Commercial | $ | 565 | $ | 385 | $ | 370 | $ | 395 | $ | 12,123 | |||||||
Consumer(b) | 1,723 | 2,105 | 2,444 | 2,297 | 2,038 | ||||||||||||
| Total accruing loans past due 90 days or more | $ | 2,288 | $ | 2,490 | $ | 2,814 | $ | 2,692 | $ | 14,160 | |||||||
| Restructured loans (accruing) | |||||||||||||||||
| Commercial | $ | 367 | $ | 461 | $ | 458 | $ | 458 | $ | 431 | |||||||
| Consumer | 5,888 | 5,849 | 5,584 | 4,280 | 3,630 | ||||||||||||
| Total restructured loans (accruing) | $ | 6,255 | $ | 6,310 | $ | 6,042 | $ | 4,738 | $ | 4,061 | |||||||
| Nonaccrual restructured loans (included in nonaccrual loans) | $ | 5,068 | $ | 4,424 | $ | 3,472 | $ | 3,899 | $ | 3,704 | |||||||
| Ratios | |||||||||||||||||
| Nonaccrual loans to total loans | 0.41 | % | 0.35 | % | 0.32 | % | 0.34 | % | 0.37 | % | |||||||
| NPAs to total loans plus OREO and repossessed assets | 0.51 | % | 0.45 | % | 0.41 | % | 0.44 | % | 0.48 | % | |||||||
| NPAs to total assets | 0.36 | % | 0.32 | % | 0.29 | % | 0.31 | % | 0.34 | % | |||||||
| Allowance for credit losses on loans to nonaccrual loans | 329.75 | % | 384.36 | % | 417.56 | % | 390.49 | % | 364.42 | % | |||||||
| Accruing loans 30-89 days past due | |||||||||||||||||
| Commercial and industrial | $ | 10,668 | $ | 24,253 | $ | 2,683 | $ | 1,071 | $ | 2,593 | |||||||
| Commercial real estate — owner occupied | 893 | 345 | 34 | — | 5,628 | ||||||||||||
| Commercial and business lending | 11,561 | 24,598 | 2,717 | 1,071 | 8,221 | ||||||||||||
| Commercial real estate — investor | 3,089 | 33,487 | 19,405 | 14,190 | 1,042 | ||||||||||||
| Real estate construction | 1,437 | — | 117 | 21 | 90 | ||||||||||||
| Commercial real estate lending | 4,526 | 33,487 | 19,522 | 14,211 | 1,132 | ||||||||||||
| Total commercial | 16,087 | 58,085 | 22,239 | 15,282 | 9,353 | ||||||||||||
| Residential mortgage | 14,034 | 7,755 | 13,135 | 12,684 | 8,744 | ||||||||||||
| Auto finance | 20,367 | 14,549 | 16,445 | 14,013 | 13,149 | ||||||||||||
| Home equity | 4,536 | 2,742 | 3,779 | 4,265 | 4,338 | ||||||||||||
Other consumer(b) | 2,988 | 2,173 | 2,704 | 2,728 | 2,578 | ||||||||||||
| Total consumer | 41,925 | 27,219 | 36,063 | 33,689 | 28,810 | ||||||||||||
| Total accruing loans 30-89 days past due | $ | 58,012 | $ | 85,304 | $ | 58,302 | $ | 48,971 | $ | 38,163 | |||||||
| YTD | Quarter Ended | |||||||||||||||||||||||||
| (Dollars in thousands) | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | |||||||||||||||||||
| Allowance for loan losses | ||||||||||||||||||||||||||
| Balance at beginning of period | $ | 378,068 | $ | 363,545 | $ | 385,756 | $ | 378,068 | $ | 378,341 | $ | 376,515 | $ | 371,348 | ||||||||||||
| Provision for loan losses recorded at acquisition | 397 | — | 397 | — | — | — | — | |||||||||||||||||||
| Initial allowance for PCD loans | 39,512 | — | 39,512 | — | — | — | — | |||||||||||||||||||
| Initial allowance for PSL | 28,263 | — | 28,263 | — | — | — | — | |||||||||||||||||||
| Provision for loan losses | 26,000 | 34,500 | 13,000 | 13,000 | 2,000 | 15,000 | 18,000 | |||||||||||||||||||
| Charge offs | (34,492) | (32,062) | (26,282) | (8,210) | (7,636) | (15,254) | (18,348) | |||||||||||||||||||
| Recoveries | 5,981 | 10,531 | 3,083 | 2,898 | 5,363 | 2,081 | 5,515 | |||||||||||||||||||
| Net charge offs | (28,511) | (21,531) | (23,199) | (5,312) | (2,273) | (13,173) | (12,833) | |||||||||||||||||||
| Balance at end of period | $ | 443,729 | $ | 376,515 | $ | 443,729 | $ | 385,756 | $ | 378,068 | $ | 378,341 | $ | 376,515 | ||||||||||||
| Allowance for unfunded commitments | ||||||||||||||||||||||||||
| Balance at beginning of period | $ | 41,276 | $ | 38,776 | $ | 39,276 | $ | 41,276 | $ | 36,276 | $ | 35,276 | $ | 35,276 | ||||||||||||
| Initial allowance for PCD unfunded commitments | 3,597 | — | 3,597 | — | — | — | — | |||||||||||||||||||
| Initial allowance for purchased seasoned unfunded commitments | 1,871 | — | 1,871 | — | — | — | — | |||||||||||||||||||
| Provision for unfunded commitments | 4,000 | (3,500) | 6,000 | (2,000) | 5,000 | 1,000 | — | |||||||||||||||||||
| Balance at end of period | $ | 50,744 | $ | 35,276 | $ | 50,744 | $ | 39,276 | $ | 41,276 | $ | 36,276 | $ | 35,276 | ||||||||||||
| Allowance for credit losses on loans | $ | 494,473 | $ | 411,791 | $ | 494,473 | $ | 425,032 | $ | 419,344 | $ | 414,618 | $ | 411,791 | ||||||||||||
| Provision for credit losses on loans | 30,397 | 31,000 | 19,397 | 11,000 | 7,000 | 16,000 | 18,000 | |||||||||||||||||||
| Net (charge offs) recoveries | ||||||||||||||||||||||||||
| Commercial and industrial | $ | (20,340) | $ | (6,552) | $ | (17,604) | $ | (2,736) | $ | 1,524 | $ | (1,230) | $ | (1,826) | ||||||||||||
| Commercial real estate — owner occupied | — | — | — | — | (113) | — | — | |||||||||||||||||||
| Commercial and business lending | (20,340) | (6,552) | (17,604) | (2,736) | 1,411 | (1,230) | (1,826) | |||||||||||||||||||
| Commercial real estate — investor | (2,210) | (9,385) | (2,710) | 500 | 94 | (8,930) | (8,493) | |||||||||||||||||||
| Real estate construction | 4 | 150 | 2 | 2 | 2 | 2 | 121 | |||||||||||||||||||
| Commercial real estate lending | (2,206) | (9,235) | (2,708) | 502 | 96 | (8,928) | (8,372) | |||||||||||||||||||
| Total commercial | (22,546) | (15,787) | (20,312) | (2,234) | 1,507 | (10,158) | (10,198) | |||||||||||||||||||
| Residential mortgage | (49) | (105) | (197) | 148 | (197) | (231) | (302) | |||||||||||||||||||
| Auto finance | (3,351) | (2,208) | (1,508) | (1,843) | (2,010) | (1,505) | (689) | |||||||||||||||||||
| Home equity | 690 | 526 | 251 | 439 | 2 | 56 | 237 | |||||||||||||||||||
| Other consumer | (3,255) | (3,957) | (1,433) | (1,822) | (1,575) | (1,336) | (1,881) | |||||||||||||||||||
| Total consumer | (5,965) | (5,744) | (2,887) | (3,078) | (3,780) | (3,015) | (2,636) | |||||||||||||||||||
| Total net charge offs | $ | (28,511) | $ | (21,531) | $ | (23,199) | $ | (5,312) | $ | (2,273) | $ | (13,173) | $ | (12,833) | ||||||||||||
| Ratios | ||||||||||||||||||||||||||
| Allowance for credit losses on loans to total loans | 1.36 | % | 1.34 | % | 1.35 | % | 1.34 | % | 1.35 | % | ||||||||||||||||
| Allowance for credit losses on loans to net charge offs (annualized) | 8.6x | 9.5x | 5.3x | 19.7x | 46.5x | 7.9x | 8.0x | |||||||||||||||||||
| Loan evaluation method for ACLL | ||||||||||||||||||||||||||
| Individually evaluated for impairment | $ | 18,624 | $ | 19,919 | $ | 2,992 | $ | 4,518 | $ | — | ||||||||||||||||
| Collectively evaluated for impairment | 475,849 | 405,113 | 416,352 | 410,100 | 411,791 | |||||||||||||||||||||
| Total ACLL | $ | 494,473 | $ | 425,032 | $ | 419,344 | $ | 414,618 | $ | 411,791 | ||||||||||||||||
| Loan balance | ||||||||||||||||||||||||||
| Individually evaluated for impairment | $ | 65,645 | $ | 59,321 | $ | 21,651 | $ | 19,282 | $ | 21,431 | ||||||||||||||||
| Collectively evaluated for impairment | 36,401,395 | 31,738,843 | 31,141,963 | 30,932,683 | 30,586,174 | |||||||||||||||||||||
| Total loan balance | $ | 36,467,040 | $ | 31,798,164 | $ | 31,163,614 | $ | 30,951,964 | $ | 30,607,605 | ||||||||||||||||
| YTD | Quarter Ended | |||||||||||||||||||||||||
| (In basis points) | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | |||||||||||||||||||
| Net (charge offs) recoveries | ||||||||||||||||||||||||||
| Commercial and industrial | (33) | (12) | (54) | (9) | 5 | (4) | (7) | |||||||||||||||||||
| Commercial real estate — owner occupied | — | — | — | — | (4) | — | — | |||||||||||||||||||
| Commercial and business lending | (30) | (11) | (48) | (9) | 4 | (4) | (6) | |||||||||||||||||||
| Commercial real estate — investor | (8) | (34) | (17) | 4 | 1 | (67) | (61) | |||||||||||||||||||
| Real estate construction | — | 2 | — | — | — | — | 3 | |||||||||||||||||||
| Commercial real estate lending | (5) | (25) | (12) | 3 | 1 | (49) | (45) | |||||||||||||||||||
| Total commercial | (21) | (16) | (34) | (4) | 3 | (20) | (21) | |||||||||||||||||||
| Residential mortgage | — | — | (1) | 1 | (1) | (1) | (2) | |||||||||||||||||||
| Auto finance | (19) | (15) | (15) | (24) | (26) | (20) | (9) | |||||||||||||||||||
| Home equity | 18 | 16 | 12 | 25 | — | 3 | 14 | |||||||||||||||||||
| Other consumer | (180) | (256) | (138) | (235) | (200) | (173) | (244) | |||||||||||||||||||
| Total consumer | (10) | (11) | (9) | (11) | (14) | (11) | (10) | |||||||||||||||||||
| Total net charge offs | (17) | (14) | (26) | (7) | (3) | (17) | (17) | |||||||||||||||||||
| Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | ||||||||||||||||||||||||||||
| (Dollars in thousands) | Amount | % of Total | Amount | % of Total | Amount | % of Total | Amount | % of Total | Amount | % of Total | ||||||||||||||||||||||
| Noninterest-bearing demand | $ | 6,908,338 | 17 | % | $ | 6,125,067 | 17 | % | $ | 6,126,632 | 17 | % | $ | 5,906,251 | 17 | % | $ | 5,782,487 | 17 | % | ||||||||||||
| Savings | 6,171,614 | 15 | % | 5,660,641 | 16 | % | 5,471,870 | 15 | % | 5,380,574 | 15 | % | 5,291,674 | 15 | % | |||||||||||||||||
| Interest-bearing demand | 8,697,879 | 22 | % | 7,964,665 | 22 | % | 7,823,362 | 22 | % | 7,791,861 | 22 | % | 7,490,772 | 22 | % | |||||||||||||||||
| Money market | 7,614,164 | 19 | % | 6,188,045 | 17 | % | 6,139,438 | 17 | % | 5,785,871 | 17 | % | 5,915,867 | 17 | % | |||||||||||||||||
| Network transaction deposits | 1,823,130 | 5 | % | 1,746,518 | 5 | % | 2,154,995 | 6 | % | 2,013,964 | 6 | % | 1,792,362 | 5 | % | |||||||||||||||||
| Brokered CDs | 3,933,787 | 10 | % | 3,562,752 | 10 | % | 3,795,133 | 11 | % | 3,956,517 | 11 | % | 4,072,048 | 12 | % | |||||||||||||||||
| Other time deposits | 4,782,343 | 12 | % | 4,484,077 | 13 | % | 4,041,178 | 11 | % | 4,046,815 | 12 | % | 3,802,356 | 11 | % | |||||||||||||||||
| Total deposits | $ | 39,931,255 | 100 | % | $ | 35,731,765 | 100 | % | $ | 35,552,608 | 100 | % | $ | 34,881,853 | 100 | % | $ | 34,147,565 | 100 | % | ||||||||||||
Other customer funding(a) | 55,371 | 42,372 | 47,794 | 64,570 | 75,440 | |||||||||||||||||||||||||||
| Total deposits and other customer funding | $ | 39,986,626 | $ | 35,774,137 | $ | 35,600,402 | $ | 34,946,423 | $ | 34,223,005 | ||||||||||||||||||||||
| Less: Total network transaction deposits and brokered CDs | 5,756,917 | 5,309,270 | 5,950,128 | 5,970,481 | 5,864,410 | |||||||||||||||||||||||||||
Core customer deposits(b) and other customer funding | $ | 34,229,709 | $ | 30,464,867 | $ | 29,650,274 | $ | 28,975,941 | $ | 28,358,595 | ||||||||||||||||||||||
| Time deposits of more than $250,000 | 1,073,890 | 956,299 | 834,309 | 832,718 | 775,107 | |||||||||||||||||||||||||||
| (Dollars in thousands) | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | ||||||||||||
| Federal Reserve Bank balance | $ | 1,265,738 | $ | 915,691 | $ | 1,139,401 | $ | 799,991 | $ | 735,876 | |||||||
| Available FHLB Chicago capacity | 5,330,837 | 5,574,246 | 6,221,495 | 5,943,747 | 5,026,154 | ||||||||||||
| Available Federal Reserve Bank discount window capacity | 6,387,365 | 6,506,759 | 6,443,766 | 5,725,892 | 5,441,186 | ||||||||||||
Funding available within one business day(a) | 12,983,940 | 12,996,696 | 13,804,662 | 12,469,630 | 11,203,216 | ||||||||||||
| Available federal funds lines | 1,967,000 | 1,981,000 | 1,846,000 | 1,419,000 | 1,729,000 | ||||||||||||
Available brokered deposits capacity(b) | 2,014,958 | 1,529,791 | 823,055 | 697,898 | 734,649 | ||||||||||||
Unsecured debt capacity(c) | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | ||||||||||||
| Total available liquidity | $ | 17,965,898 | $ | 17,507,487 | $ | 17,473,717 | $ | 15,586,528 | $ | 14,666,865 | |||||||
| Uninsured and uncollateralized deposits | $ | 10,590,229 | $ | 9,178,436 | $ | 9,432,066 | $ | 8,697,563 | $ | 8,469,167 | |||||||
| Coverage ratio of uninsured and uncollateralized deposits with secured funding available within one business day | 123 | % | 142 | % | 146 | % | 143 | % | 132 | % | |||||||
| Coverage ratio of uninsured and uncollateralized deposits with total funding | 170 | % | 191 | % | 185 | % | 179 | % | 173 | % | |||||||
| Jun 30, 2026 | Dec 31, 2025 | |||||||||||||
| Dynamic Forecast | Static Forecast | Dynamic Forecast | Static Forecast | |||||||||||
| Gradual Rate Change | ||||||||||||||
| 100 bp increase in interest rates | 1.9 | % | 1.8 | % | 1.5 | % | 2.0 | % | ||||||
| 200 bp increase in interest rates | 3.7 | % | 3.4 | % | 2.8 | % | 3.9 | % | ||||||
| 100 bp decrease in interest rates | (1.2) | % | (1.0) | % | (0.8) | % | (1.4) | % | ||||||
| 200 bp decrease in interest rates | (2.6) | % | (2.4) | % | (2.2) | % | (3.4) | % | ||||||
| Jun 30, 2026 | Dec 31, 2025 | |||||||
| Instantaneous Rate Change | ||||||||
| 100 bp increase in interest rates | (4.8) | % | (5.2) | % | ||||
| 200 bp increase in interest rates | (10.6) | % | (11.8) | % | ||||
| 100 bp decrease in interest rates | 2.5 | % | 2.3 | % | ||||
| 200 bp decrease in interest rates | 2.2 | % | 1.4 | % | ||||
| (in thousands) | One Year or Less | One to Three Years | Three to Five Years | Over Five Years | Total | ||||||||||||
| Time deposits | $ | 8,500,693 | $ | 195,624 | $ | 19,761 | $ | 52 | $ | 8,716,130 | |||||||
| Federal funds purchased and securities sold under agreements to repurchase | 529,276 | — | — | — | 529,276 | ||||||||||||
| FHLB advances | 4,368,275 | 204,249 | 2,157 | — | 4,574,681 | ||||||||||||
| Senior and subordinated debt | — | — | 298,547 | 292,533 | 591,080 | ||||||||||||
| Operating leases | 5,853 | 10,098 | 7,342 | 16,544 | 39,837 | ||||||||||||
| Total | $ | 13,404,097 | $ | 409,971 | $ | 327,807 | $ | 309,129 | $ | 14,451,004 | |||||||
| YTD | Quarter Ended | ||||||||||||||||||||||
(Dollars in thousands) | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | ||||||||||||||||
Risk-based capital(a) | |||||||||||||||||||||||
CET1(b) | $ | 4,304,915 | $ | 3,744,610 | $ | 3,683,711 | $ | 3,584,712 | $ | 3,493,316 | |||||||||||||
| Tier 1 capital | 4,499,027 | 3,938,722 | 3,877,823 | 3,778,824 | 3,687,428 | ||||||||||||||||||
| Total capital | 5,259,164 | 4,657,925 | 4,593,079 | 4,488,957 | 4,394,367 | ||||||||||||||||||
| Total risk-weighted assets | 41,108,330 | 35,773,810 | 35,125,680 | 34,688,358 | 34,241,408 | ||||||||||||||||||
CET1 capital ratio(b) | 10.47 | % | 10.47 | % | 10.49 | % | 10.33 | % | 10.20 | % | |||||||||||||
| Tier 1 capital ratio | 10.94 | % | 11.01 | % | 11.04 | % | 10.89 | % | 10.77 | % | |||||||||||||
| Total capital ratio | 12.79 | % | 13.02 | % | 13.08 | % | 12.94 | % | 12.83 | % | |||||||||||||
| Tier 1 leverage ratio | 8.99 | % | 8.98 | % | 8.96 | % | 8.81 | % | 8.72 | % | |||||||||||||
| Selected equity and performance ratios | |||||||||||||||||||||||
| Total stockholders’ equity / total assets | 10.88 | % | 10.96 | % | 11.01 | % | 10.95 | % | 10.87 | % | |||||||||||||
| Average stockholders' equity / average assets | 11.05 | % | 10.88 | % | 10.98 | % | 11.12 | % | 11.05 | % | 10.95 | % | 10.90 | % | |||||||||
Tangible common equity / tangible assets (TCE Ratio)(c) | 8.27 | % | 8.27 | % | 8.29 | % | 8.18 | % | 8.06 | % | |||||||||||||
| YTD | Quarter Ended | ||||||||||||||||||||||
| (Dollars in thousands) | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | ||||||||||||||||
| Tangible common equity reconciliation | |||||||||||||||||||||||
| Common equity | $ | 5,444,011 | $ | 4,803,760 | $ | 4,781,235 | $ | 4,674,186 | $ | 4,586,669 | |||||||||||||
| Less: Goodwill and other intangible assets, net | 1,264,034 | 1,125,639 | 1,127,842 | 1,130,044 | 1,132,247 | ||||||||||||||||||
| Tangible common equity for TBV / share and TCE Ratio | $ | 4,179,977 | $ | 3,678,121 | $ | 3,653,393 | $ | 3,544,142 | $ | 3,454,422 | |||||||||||||
| Tangible assets reconciliation | |||||||||||||||||||||||
| Total assets | $ | 51,812,506 | $ | 45,593,740 | $ | 45,202,596 | $ | 44,455,863 | $ | 43,993,729 | |||||||||||||
| Less: Goodwill and other intangible assets, net | 1,264,034 | 1,125,639 | 1,127,842 | 1,130,044 | 1,132,247 | ||||||||||||||||||
| Tangible assets for TCE Ratio | $ | 50,548,472 | $ | 44,468,101 | $ | 44,074,754 | $ | 43,325,819 | $ | 42,861,482 | |||||||||||||
| Average tangible common equity reconciliation | |||||||||||||||||||||||
| Average common equity | $ | 5,124,860 | $ | 4,487,789 | $ | 5,433,872 | $ | 4,812,415 | $ | 4,713,445 | $ | 4,627,038 | $ | 4,538,549 | |||||||||
| Less: Average goodwill and other intangible assets, net | 1,197,702 | 1,134,600 | 1,267,876 | 1,126,748 | 1,129,055 | 1,131,385 | 1,133,627 | ||||||||||||||||
| Average tangible common equity for ROATCE | $ | 3,927,158 | $ | 3,353,189 | $ | 4,165,996 | $ | 3,685,667 | $ | 3,584,390 | $ | 3,495,653 | $ | 3,404,922 | |||||||||
| Average tangible assets reconciliation | |||||||||||||||||||||||
| Average total assets | $ | 48,144,569 | $ | 43,027,526 | $ | 51,235,842 | $ | 45,018,948 | $ | 44,402,771 | $ | 44,015,203 | $ | 43,420,063 | |||||||||
| Less: Average goodwill and other intangible assets, net | 1,197,702 | 1,134,600 | 1,267,876 | 1,126,748 | 1,129,055 | 1,131,385 | 1,133,627 | ||||||||||||||||
| Average tangible assets for return on average tangible assets | $ | 46,946,867 | $ | 41,892,926 | $ | 49,967,966 | $ | 43,892,200 | $ | 43,273,716 | $ | 42,883,818 | $ | 42,286,436 | |||||||||
| Adjusted net income reconciliation | |||||||||||||||||||||||
| Net income | $ | 243,200 | $ | 212,916 | $ | 123,564 | $ | 119,635 | $ | 137,129 | $ | 124,732 | $ | 111,230 | |||||||||
| Other intangible amortization, net of tax | 6,822 | 3,304 | 5,170 | 1,652 | 1,652 | 1,652 | 1,652 | ||||||||||||||||
| Adjusted net income for return on average tangible assets | $ | 250,022 | $ | 216,220 | $ | 128,734 | $ | 121,287 | $ | 138,781 | $ | 126,384 | $ | 112,882 | |||||||||
| Adjusted net income available to common equity reconciliation | |||||||||||||||||||||||
| Net income available to common equity | $ | 237,450 | $ | 207,166 | $ | 120,689 | $ | 116,760 | $ | 134,254 | $ | 121,857 | $ | 108,355 | |||||||||
| Other intangible amortization, net of tax | 6,822 | 3,304 | 5,170 | 1,652 | 1,652 | 1,652 | 1,652 | ||||||||||||||||
| Adjusted net income available to common equity for ROATCE | $ | 244,272 | $ | 210,470 | $ | 125,859 | $ | 118,412 | $ | 135,906 | $ | 123,509 | $ | 110,007 | |||||||||
| Period end core customer deposits reconciliation | |||||||||||||||||||||||
| Total deposits | $ | 39,931,255 | $ | 35,731,765 | $ | 35,552,608 | $ | 34,881,853 | $ | 34,147,565 | |||||||||||||
| Less: Network transaction deposits | 1,823,130 | 1,746,518 | 2,154,995 | 2,013,964 | 1,792,362 | ||||||||||||||||||
| Less: Brokered CDs | 3,933,787 | 3,562,752 | 3,795,133 | 3,956,517 | 4,072,048 | ||||||||||||||||||
| Core customer deposits | $ | 34,174,338 | $ | 30,422,495 | $ | 29,602,480 | $ | 28,911,371 | $ | 28,283,155 | |||||||||||||
| Average core customer deposits reconciliation | |||||||||||||||||||||||
| Average total deposits | $ | 37,786,008 | $ | 34,516,592 | $ | 40,382,227 | $ | 35,160,943 | $ | 35,628,917 | $ | 34,705,887 | $ | 34,203,201 | |||||||||
| Less: Average network transaction deposits | 1,898,760 | 1,845,974 | 1,879,876 | 1,917,854 | 2,090,587 | 1,933,659 | 1,843,998 | ||||||||||||||||
| Less: Average brokered CDs | 3,808,685 | 4,201,955 | 4,085,995 | 3,528,294 | 3,998,012 | 3,916,329 | 4,089,844 | ||||||||||||||||
| Average core customer deposits | $ | 32,078,563 | $ | 28,468,663 | $ | 34,416,356 | $ | 29,714,795 | $ | 29,540,318 | $ | 28,855,899 | $ | 28,269,359 | |||||||||
| Total expense for efficiency ratios reconciliation | |||||||||||||||||||||||
| Noninterest expense | $ | 491,045 | $ | 419,971 | $ | 271,882 | $ | 219,163 | $ | 219,466 | $ | 216,202 | $ | 209,352 | |||||||||
| Less: Other intangible amortization | 9,096 | 4,405 | 6,894 | 2,203 | 2,203 | 2,203 | 2,203 | ||||||||||||||||
| Total expense for fully tax-equivalent efficiency ratio | 481,949 | 415,566 | 264,988 | 216,960 | 217,263 | 213,999 | 207,149 | ||||||||||||||||
Less: Acquisition costs(a) | 25,476 | — | 24,469 | 1,007 | 252 | — | — | ||||||||||||||||
| Total expense for adjusted efficiency ratio | $ | 456,473 | $ | 415,566 | $ | 240,519 | $ | 215,953 | $ | 217,011 | $ | 213,999 | $ | 207,149 | |||||||||
| Total revenue for efficiency ratios reconciliation | |||||||||||||||||||||||
| Net interest income | $ | 677,228 | $ | 585,940 | $ | 370,039 | $ | 307,190 | $ | 309,981 | $ | 305,222 | $ | 300,000 | |||||||||
| Noninterest income | 156,256 | 125,754 | 80,398 | 75,857 | 79,384 | 81,265 | 66,977 | ||||||||||||||||
| Less: Investment securities (losses) gains, net | 6 | 11 | 35 | (28) | 37 | 1 | 7 | ||||||||||||||||
| Fully tax-equivalent adjustment | 8,279 | 8,483 | 4,139 | 4,139 | 4,196 | 4,222 | 4,228 | ||||||||||||||||
| Total revenue for fully tax-equivalent efficiency ratio | 841,757 | 720,166 | 454,541 | 387,214 | 393,524 | 390,708 | 371,198 | ||||||||||||||||
Less: Announced initiatives(b) | — | (6,976) | — | — | — | — | — | ||||||||||||||||
| Total revenue for adjusted efficiency ratio | $ | 841,757 | $ | 727,142 | $ | 454,541 | $ | 387,214 | $ | 393,524 | $ | 390,708 | $ | 371,198 | |||||||||
| Three Months Ended Jun 30, | Six Months Ended Jun 30, | |||||||||||||||||||
| (Dollars in thousands) | 2026 | 2025 | % Change | 2026 | 2025 | % Change | ||||||||||||||
| Corporate and Commercial Specialty | ||||||||||||||||||||
| Total revenue | $ | 177,331 | $ | 147,625 | 20% | $ | 319,616 | $ | 291,593 | 10% | ||||||||||
| Provision for credit losses | 21,287 | 20,369 | 5% | 41,947 | 39,382 | 7% | ||||||||||||||
| Noninterest expense | 58,400 | 56,021 | 4% | 108,131 | 112,155 | (4)% | ||||||||||||||
| Income tax expense | 17,567 | 13,211 | 33% | 30,825 | 25,997 | 19% | ||||||||||||||
| Net income | 80,077 | 58,025 | 38% | 138,713 | 114,059 | 22% | ||||||||||||||
| Average earning assets | 21,167,443 | 17,501,224 | 21% | 19,689,554 | 17,253,366 | 14% | ||||||||||||||
| Average loans | 21,160,951 | 17,483,645 | 21% | 19,680,150 | 17,241,671 | 14% | ||||||||||||||
| Average deposits | 8,907,099 | 6,921,336 | 29% | 7,928,845 | 7,082,223 | 12% | ||||||||||||||
| Community, Consumer, and Business | ||||||||||||||||||||
| Total revenue | $ | 278,964 | $ | 263,830 | 6% | $ | 533,373 | $ | 520,783 | 2% | ||||||||||
| Provision for credit losses | 6,456 | 6,363 | 1% | 13,391 | 12,434 | 8% | ||||||||||||||
| Noninterest expense | 174,545 | 153,331 | 14% | 330,630 | 307,816 | 7% | ||||||||||||||
| Income tax expense | 20,676 | 21,869 | (5)% | 39,868 | 42,112 | (5)% | ||||||||||||||
| Net income | 77,287 | 82,268 | (6)% | 149,484 | 158,421 | (6)% | ||||||||||||||
| Average earning assets | 14,263,119 | 12,533,452 | 14% | 13,478,556 | 12,591,669 | 7% | ||||||||||||||
| Average loans | 14,259,708 | 12,530,041 | 14% | 13,475,145 | 12,588,258 | 7% | ||||||||||||||
| Average deposits | 24,622,409 | 21,185,516 | 16% | 23,409,579 | 21,239,541 | 10% | ||||||||||||||
| Risk Management and Shared Services | ||||||||||||||||||||
| Total net revenue | $ | (5,858) | $ | (44,478) | (87)% | $ | (19,505) | $ | (100,682) | (81)% | ||||||||||
| Provision for credit losses | (8,355) | (8,736) | (4)% | (24,949) | (20,817) | 20% | ||||||||||||||
| Noninterest expense | 38,937 | — | N/M | 52,284 | — | N/M | ||||||||||||||
| Income tax benefit | (2,640) | (6,681) | (60)% | (1,843) | (20,301) | (91)% | ||||||||||||||
| Net loss | (33,800) | (29,063) | 16% | (44,997) | (59,564) | (24)% | ||||||||||||||
| Average earning assets | 11,856,692 | 10,040,034 | 18% | 11,166,195 | 9,835,976 | 14% | ||||||||||||||
| Average loans | 449,578 | 478,315 | (6)% | 433,250 | 472,615 | (8)% | ||||||||||||||
| Average deposits | 6,852,719 | 6,096,349 | 12% | 6,447,584 | 6,194,828 | 4% | ||||||||||||||
| ITEM 3. | Quantitative and Qualitative Disclosures About Market Risk | ||||
| ITEM 4. | Controls and Procedures | ||||
| PART II - OTHER INFORMATION | ||
| ITEM 1. | Legal Proceedings | ||||
| ITEM 1A. | Risk Factors | ||||
| ITEM 2. | Unregistered Sales of Equity Securities and Use of Proceeds | ||||
Total Number of Shares Purchased(a) | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | Maximum Number of Shares that May Yet Be Purchased Under the Plans or Programs(b) | |||||||||||
| Period | ||||||||||||||
| April 1, 2026 - April 30, 2026 | 2,614 | $ | 26.74 | — | ||||||||||
| May 1, 2026 - May 31, 2026 | 17,840 | 28.21 | — | |||||||||||
| June 1, 2026 - June 30, 2026 | 2,935 | 27.54 | — | |||||||||||
| Total | 23,389 | $ | 27.96 | — | 6,950,375 | |||||||||
| ITEM 5. | Other Information | ||||
| ITEM 6. | Exhibits | ||||
Exhibit (101), Interactive data files pursuant to Rule 405 of Regulation S-T: (i) Unaudited Consolidated Balance Sheets, (ii) Unaudited Consolidated Statements of Income, (iii) Unaudited Consolidated Statements of Comprehensive Income, (iv) Unaudited Consolidated Statements of Changes in Stockholders’ Equity, (v) Unaudited Consolidated Statements of Cash Flows, and (vi) Notes to Consolidated Financial Statements. | ||
Exhibit (104), The cover page from the Corporation's Quarterly Report on Form 10-Q for the quarter ended June 30, 2026 has been formatted in Inline XBRL (Inline Extensible Business Reporting Language) and contained in Exhibits in 101. | ||
| Signatures | ||
| ASSOCIATED BANC-CORP | ||||||||
| (Registrant) | ||||||||
Date: August 4, 2026 | /s/ Andrew J. Harmening | |||||||
| Andrew J. Harmening | ||||||||
| President and Chief Executive Officer | ||||||||
Date: August 4, 2026 | /s/ Derek S. Meyer | |||||||
| Derek S. Meyer | ||||||||
| Chief Financial Officer | ||||||||
Date: August 4, 2026 | /s/ Ryan J. Beld | |||||||
| Ryan J. Beld | ||||||||
| Chief Accounting Officer | ||||||||
Date: August 4, 2026 | /s/ Andrew J. Harmening | |||||||
| Andrew J. Harmening | ||||||||
| President and Chief Executive Officer | ||||||||
Date: August 4, 2026 | /s/ Derek S. Meyer | |||||||
| Derek S. Meyer | ||||||||
| Chief Financial Officer | ||||||||
| /s/ Andrew J. Harmening | |||||
| Andrew J. Harmening | |||||
| Chief Executive Officer | |||||
| August 4, 2026 | |||||
| /s/ Derek S. Meyer | |||||
| Derek S. Meyer | |||||
| Chief Financial Officer | |||||
| August 4, 2026 | |||||
Consolidated Balance Sheets (Parenthetical) - $ / shares |
Jun. 30, 2026 |
Dec. 31, 2025 |
|---|---|---|
| Preferred Stock, Par or Stated Value Per Share | $ 1.00 | $ 1.00 |
| Common Stock, Par or Stated Value Per Share | $ 0.01 | $ 0.01 |
Consolidated Statements of Changes in Stockholders' Equity (Parenthetical) - $ / shares |
3 Months Ended | |||
|---|---|---|---|---|
Jun. 30, 2026 |
Mar. 31, 2026 |
Jun. 30, 2025 |
Mar. 31, 2025 |
|
| Series E Preferred Stock | ||||
| Preferred Stock, Dividends, Per Share, Cash Paid | $ 0.3671875 | $ 0.3671875 | $ 0.3671875 | $ 0.3671875 |
| Series F Preferred Stock | ||||
| Preferred Stock, Dividends, Per Share, Cash Paid | $ 0.3515625 | $ 0.3515625 | $ 0.3515625 | $ 0.3515625 |
Basis of Presentation |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| Basis of Presentation | Basis of Presentation In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments necessary to present fairly the financial position, results of operations and comprehensive income, changes in stockholders’ equity, and cash flows of the Corporation for the periods presented, and all such adjustments are of a normal recurring nature. The consolidated financial statements include the accounts of all subsidiaries. All significant intercompany transactions and balances have been eliminated in consolidation. The results of operations for the interim periods are not necessarily indicative of the results to be expected for the full year. In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the balance sheet and revenues and expenses for the period. Actual results could differ significantly from those estimates. The determination of the ACLL is particularly susceptible to significant change. Management has evaluated subsequent events for potential recognition or disclosure. Within the tables presented, certain columns and rows may not recalculate due to the use of rounded numbers for disclosure purposes.
|
Business Combinations, Asset Acquisitions, Transaction between Entities under Common Control, and Joint Venture Formation |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Combination | Business Combinations On April 1, 2026, the Corporation completed its previously announced acquisition of American National pursuant to the terms of the Merger Agreement by and between the Corporation and American National. Pursuant to the Merger Agreement, (i) American National merged with and into Associated Banc-Corp, with Associated Banc-Corp continuing as the surviving corporation, and (ii) immediately following such merger, American National Bank, a national banking association and wholly owned subsidiary of American National, merged with and into the Bank, with the Bank continuing as the surviving bank. At the effective time of the merger, 100% of the outstanding shares of voting common stock and non-voting common stock of American National outstanding immediately prior to the effective time of the merger, other than certain shares held by the Corporation or American National, were converted into the right to receive an aggregate 22,975,382 shares of common stock of the Corporation. This represented 36.250 shares of the Corporation's common stock for each share of outstanding common stock of American National, with cash paid in lieu of fractional shares. Total consideration for the acquisition was $594.1 million valued at the acquisition date fair value of $25.86 per share. American National operated 33 branches across Nebraska, Minnesota and Iowa, with a concentration in the Greater Omaha and Minneapolis / St. Paul metro markets. As a result of the acquisition, the Corporation increased its deposit market share and will deliver its products and services to an expanded client base across attractive Midwest markets. The acquisition of American National has been accounted for as a business combination using the acquisition method of accounting in accordance with FASB ASC Topic 805, Business Combinations. Accordingly, assets acquired and liabilities assumed were recorded at fair value as of the acquisition date. Fair value estimates related to the assets and liabilities from American National are subject to adjustment for up to one year after the closing date of the acquisition as additional information becomes available. The purchase consideration allocation is considered preliminary as certain estimates related to the assets acquired and liabilities assumed are subject to continuing refinement. Valuations subject to refinement include, but are not limited to, loans, certain deposits, certain other assets, and the core deposit intangible asset. The following table presents the estimated fair values of the assets acquired and liabilities assumed as of the effective date of the American National acquisition.
The goodwill arising from the acquisition consists largely of the synergies and economies of scale expected from combining the operations of the Corporation with the former operations of American National. None of the goodwill is deductible for income tax purposes as the acquisition was accounted for as a tax-free exchange. The Corporation engaged an independent, third-party valuation specialist to assist in the valuation of certain assets acquired and liabilities assumed from the business combination. The following valuation techniques were used in the valuation: Investment securities: The fair value of AFS investment securities and equity securities was determined utilizing quoted prices in an active market, if available, or an external third party broker opinion of the market value. Loans, net: Fair values of loans were based on a discounted cash flow methodology that considered factors including the type of loan, related collateral, credit quality status, fixed or variable interest rate, term of loan, amortization status and current discount rates. For the non-credit (interest and liquidity) premium, loans were grouped together according to similar characteristics when applying various valuation techniques. For the credit discount, loans were also grouped based on whether they had more than insignificant deterioration in credit since origination. Purchased loans and leases that reflect a more-than-insignificant deterioration of credit from origination are considered purchase credit deteriorated (PCD) assets. All other loans acquired were deemed purchased seasoned loans (non-PCD). The initial estimate of expected credit losses, excluding credit card loans, was recognized in the ACLL on the date of acquisition using the same methodology as other loans and leases held-for-investment. The following table includes the fair value and unpaid principal balance of the acquired loans and leases:
Core Deposit Intangibles: This intangible asset represents the value of the relationships with deposit customers. The fair value was estimated based on a discounted cash flow methodology that gave appropriate consideration to expected customer attrition rates, net maintenance cost of the deposit base, alternative cost of funds, and the interest costs associated with customer deposits. The CDIs will be amortized utilizing the sum of years digits basis. Time Deposits: The fair value for time deposits are estimated using a discounted cash flow calculation that applies interest rates currently being offered to the contractual interest rates on such time deposits. The Corporation's operating results include operating results from American National for the three months ended June 30, 2026. Due to the integration of operating activities into those of the Corporation, bifurcation and reporting of revenues and net income from the former American National operations is impracticable. In addition, such amounts would require significant estimates related to the proper allocation of merger cost savings that cannot be objectively made. The following table presents merger related costs, and the line item that these costs are included in on the consolidated statement of income, for the three and six months ended June 30, 2026. Additional transaction and integration costs will be expensed in future periods as incurred.
Pro Forma Financial Information The following unaudited pro forma summary presents consolidated information of the Corporation as if the American National acquisition had occurred on January 1, 2025. The amounts do not reflect anticipated operating cost savings, revenue enhancements, or other synergies expected to result from the acquisition. Actual results may differ from the unaudited pro forma information presented.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of Significant Accounting Policies |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accounting Standards Update and Change in Accounting Principle [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Summary of Significant Accounting Policies | Summary of Significant Accounting Policies The accounting and reporting policies of the Corporation conform to U.S. GAAP and to general practice within the financial services industry. A discussion of these policies can be found in Note 1 Summary of Significant Accounting Policies included in the Corporation’s 2025 Annual Report on Form 10-K, except for new accounting pronouncements adopted, as discussed below. New Accounting Pronouncements Adopted
Future Accounting Pronouncements The expected impact of applicable material accounting pronouncements recently issued or proposed but not yet required to be adopted are discussed in the table below. To the extent that the adoption of new accounting standards materially affects the Corporation's financial condition, results of operations, liquidity or disclosures, the impacts are discussed in the applicable sections of this financial review.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Earnings Per Common Share |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Earnings Per Share [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Earnings Per Common Share | Earnings Per Common Share Earnings per common share are calculated utilizing the two-class method. Basic earnings per common share are calculated by dividing the sum of distributed earnings to common shareholders and undistributed earnings allocated to common shareholders by the weighted average number of common shares outstanding. Diluted earnings per common share are calculated by dividing the sum of distributed earnings to common shareholders and undistributed earnings allocated to common shareholders by the weighted average number of common shares outstanding adjusted for the dilutive effect of common stock awards (outstanding stock options and unvested restricted stock awards). Presented below are the calculations for basic and diluted earnings per common share:
Excluded from the earnings per common share calculations were nominal amounts and 1.4 million anti-dilutive common stock options for the three months ended June 30, 2026 and 2025, respectively, and nominal amounts and 1.2 million anti-dilutive common stock options for the six months ended June 30, 2026 and 2025, respectively.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Stock-Based Compensation |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retirement Benefits [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stock-Based Compensation | Stock-Based Compensation The fair values of stock options and restricted stock are amortized as compensation expense on a straight-line basis over the vesting period of the grants. For colleagues who meet the definition of retirement eligible under the 2020 Incentive Compensation Plan and 2025 Equity Incentive Plan (collectively, the Incentive Plans), expenses related to stock options and restricted stock grants are fully recognized on the date the colleague meets the definition of normal or early retirement. Compensation expense recognized is included in personnel expense on the consolidated statements of income. A summary of the Corporation’s stock option activity for the six months ended June 30, 2026 is presented below:
Intrinsic value represents the amount by which the fair market value of the underlying stock exceeds the exercise price of the stock option. For the six months ended June 30, 2026, the intrinsic value of stock options exercised was $2.3 million, compared to $0.4 million for the six months ended June 30, 2025. All stock options were vested as of December 31, 2025. The Corporation has issued service-based and performance-based restricted stock grants, in the form of awards and units, under the Incentive Plans. Service-based awards are contingent upon continued employment or meeting the requirements for retirement. Performance-based awards are based on performance goals determined by the Compensation and Benefits Committee of the Corporation's Board of Directors, with vesting ranging from a minimum of 0% to a maximum of 150% of the target award. Performance awards are valued utilizing a Monte Carlo simulation model to estimate fair value of the awards at the grant date. The following table summarizes information about the Corporation’s restricted stock activity for the six months ended June 30, 2026:
(a) In thousands The Corporation amortizes the expense related to restricted stock awards as compensation expense over the vesting period specified in the grant's award agreement. Performance-based restricted stock granted during 2025 and 2026 will cliff-vest after the year performance period has ended. Service-based restricted stock granted during 2025 and 2026 will generally vest ratably over a period of four years. Expense for restricted stock of $11.2 million and $11.3 million was recorded for the six months ended June 30, 2026 and June 30, 2025, respectively. Included in compensation expense for the accelerated vesting of restricted stock granted to retirement eligible colleagues was $4.2 million and $4.4 million of expense in the first six months of 2026 and 2025, respectively. The Corporation had $28.1 million of unrecognized compensation costs related to restricted stock at June 30, 2026 that are expected to be recognized over the remaining requisite service periods that extend through the first quarter of 2030. The Corporation has the ability to issue shares from treasury or new shares upon the exercise of stock options or the granting of restricted stock. The Board of Directors has authorized management to repurchase shares of the Corporation’s common stock, to be made available for issuance in connection with the Corporation’s employee incentive plans and for other corporate purposes. The repurchase of shares, if any, will be based on market and investment opportunities, capital levels, growth prospects, and regulatory constraints. Such repurchases may occur from time to time in open market purchases, block transactions, private transactions, accelerated share repurchase programs, or similar facilities.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investment Securities |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investments, Debt and Equity Securities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] | Investment Securities Investment securities are designated as AFS, HTM, or equity on the consolidated balance sheets. The amortized cost and fair values of AFS and HTM securities at June 30, 2026 were as follows:
(a)Unrealized losses includes allowance for credit losses The amortized cost and fair values of AFS and HTM securities at December 31, 2025 were as follows:
Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. The expected maturities of AFS and HTM securities at June 30, 2026, are shown below:
The following table summarizes gross realized gains and losses on AFS securities, the gain or loss on sale and fair value adjustment of equity securities, and proceeds from the sale of AFS investment securities:
Investment securities with a carrying value of $1.0 billion at June 30, 2026 and $1.2 billion December 31, 2025, respectively, were pledged as required to secure certain deposits or for other purposes. Accrued interest receivable on HTM securities totaled $17.2 million and $17.7 million at June 30, 2026 and December 31, 2025, respectively. Accrued interest receivable on AFS securities totaled $25.1 million and $23.0 million at June 30, 2026 and December 31, 2025, respectively. Accrued interest receivable on both HTM and AFS securities is included in interest receivable on the consolidated balance sheets. The Corporation holds U.S. Treasury, municipal, and mortgage-related securities issued by the U.S. government or a GSE which are backed by the full faith and credit of the U.S. government and private-label residential mortgage-related securities that have credit enhancement which covers the first 16% of losses and, as a result, no allowance for credit losses has been recorded related to these securities. There was a nominal allowance for credit losses on HTM securities at June 30, 2026 and $0.1 million at December 31, 2025, attributable entirely to the Corporation's municipal securities, included in HTM investment securities, net, at amortized cost on the consolidated balance sheets. The allowance for credit losses on AFS securities was $1.7 million at June 30, 2026 and zero at December 31, 2025, attributable to a corporate bond acquired through the recent acquisition of American National, included in other debt securities and AFS investment securities, net, at fair value on the consolidated balance sheets. The following represents gross unrealized losses and the related fair value of AFS and HTM securities, aggregated by investment category and length of time individual securities have been in a continuous unrealized loss position, at June 30, 2026:
For comparative purposes, the following represents gross unrealized losses and the related fair value of AFS and HTM securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at December 31, 2025:
On a quarterly basis, the Corporation refreshes the credit quality of each HTM security. The Company monitors the credit quality of HTM securities through credit ratings provided by S&P and Moody’s. Investment grade securities are rated BBB- or higher by S&P, or Baa3 or higher by Moody’s, and are generally considered by the rating agencies and market participants to be of low credit risk. As of June 30, 2026 and December 31, 2025, the Corporation's HTM portfolio contained all investment grade securities except for securities that were not rated which were individually reviewed noting no credit quality issues. Based on the Corporation’s evaluation, management does not believe any unrealized losses at June 30, 2026 represent credit deterioration as these unrealized losses are primarily attributable to changes in interest rates and the current market conditions, except as disclosed above. As of June 30, 2026, the Corporation does not intend to sell, nor does it believe that it will be required to sell, the securities in an unrealized loss position before recovery of their amortized cost basis. Regulatory stocks: The Corporation had FHLB stock of $215.0 million and $154.4 million at June 30, 2026 and December 31, 2025, respectively. The Corporation had Federal Reserve Bank stock of $114.4 million and $98.1 million at June 30, 2026 and December 31, 2025, respectively. Accrued interest receivable on FHLB stock totaled $4.1 million at June 30, 2026 and $2.8 million at December 31, 2025. There was no accrued interest receivable on Federal Reserve Bank Stock at both June 30, 2026 and December 31, 2025. Accrued interest receivable on both FHLB stock and Federal Reserve Bank stock is included in interest receivable on the consolidated balance sheets. Equity Securities Equity securities with readily determinable fair values: The Corporation's portfolio of equity securities with readily determinable fair values is primarily comprised of mutual funds. The Corporation had equity securities with readily determinable fair values of $15.0 million and $11.1 million at June 30, 2026 and December 31, 2025, respectively. Equity securities without readily determinable fair values: The Corporation's portfolio of equity securities without readily determinable fair values primarily consists of an investment in a private loan fund. The Corporation had equity securities without readily determinable fair values carried at $15.0 million at both June 30, 2026 and December 31, 2025
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loans |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Receivables [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | Loans The period end loan composition was as follows:
Accrued interest receivable on loans totaled $135.4 million at June 30, 2026 and $117.6 million at December 31, 2025, and is included in interest receivable on the consolidated balance sheets. The amount of accrued interest reversed was $0.4 million for the three months ended June 30, 2026 and $0.8 million for the six months ended June 30, 2026, compared to $0.5 million for the three months ended June 30, 2025 and $1.1 million for the six months ended June 30, 2025. The following table presents loans by credit quality indicator by origination year at June 30, 2026:
(a) Revolving loans converted to term loans are those converted during the reporting period and are also reported in their year of origination. The following table presents loans by credit quality indicator by origination year at December 31, 2025:
(a) Revolving loans converted to term loans are those converted during the reporting period and are also reported in their year of origination. The following table presents gross charge offs by origination year for the six months ended June 30, 2026:
The following table presents gross charge offs by origination year for the year ended December 31, 2025:
Factors that are important to managing overall credit quality are sound loan underwriting and administration, systematic monitoring of existing loans and commitments, effective loan review on an ongoing basis, early identification of potential problems, and appropriate policies for ACLL, nonaccrual loans, and charge offs. For commercial loans, management has determined the pass credit quality indicator to include credits exhibiting acceptable financial statements, cash flow, and leverage. If any risk exists, it is mitigated by the loan structure, collateral, monitoring, or control. For consumer loans, performing loans include credits performing in accordance with the original contractual terms. Loans are considered past due if the required principal and interest payments have not been received as of the date such payments were due. Special mention credits have potential weaknesses that deserve management's close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the credit or in the credit position at some future date. Accruing loan modifications could be pass or special mention, depending on the risk rating on the loan. Substandard loans are considered inadequately protected by the current sound worth and paying capacity of the obligor or the collateral pledged, if any. These loans have a well-defined weakness, or weaknesses, which may jeopardize liquidation of the debt, and are characterized by the distinct possibility the Corporation will sustain some loss if the deficiencies are not corrected. Commercial loan relationships over $0.5 million in nonaccrual status, or that otherwise do not share similar risk characteristics with other loans, including those for which a debt restructuring is probable, are evaluated individually for expected credit losses. Commercial loans classified as special mention, substandard, and nonaccrual are reviewed at a minimum on a quarterly basis, while pass credits, which are performing rated credits, are generally reviewed on an annual basis or more frequently if the loan renewal is less than one year or if otherwise warranted. The recorded investment of consumer loans secured by residential real estate properties for which foreclosure proceedings are in process totaled $19.4 million and $20.1 million at June 30, 2026 and December 31, 2025, respectively. The following table presents loans by past due status at June 30, 2026:
(a) Of the total nonaccrual loans, $78.9 million, or 53%, were current with respect to payment at June 30, 2026. (b) No interest income was recognized on nonaccrual loans for the three and six months ended June 30, 2026. In addition, there were $18.2 million of nonaccrual loans for which there was no related ACLL at June 30, 2026. (c) Past due portions exclude guaranteed student loans. The following table presents loans by past due status at December 31, 2025:
(a) Of the total nonaccrual loans, $31.2 million, or 31%, were current with respect to payment at December 31, 2025. (b) No interest income was recognized on nonaccrual loans for the year ended December 31, 2025. In addition, there were $14.6 million of nonaccrual loans for which there was no related ACLL at December 31, 2025 (c) Past due portions exclude guaranteed student loans. Loan Modifications The following tables show the composition of loan modifications made to borrowers experiencing financial difficulty by the loan portfolio and type of concessions granted. Each of the types of concessions granted comprised less than 1% of their respective classes of loan portfolios at June 30, 2026 and June 30, 2025.
The following tables summarize, by loan portfolio, the financial effect of the Corporation's loan modifications on the modified loans.
(a) Some interest rate concessions may involve an increase in rate that was lower in comparison to prevailing market rates.
(a) During the three months ended June 30, 2026 and June 30, 2025, term extensions changed the weighted average term on modified loans from 300 to 418 months and 268 to 426 months, respectively. During the six months ended June 30, 2026 and June 30, 2025, term extensions changed the weighted average term on modified loans from 305 to 412 months and 267 to 414, respectively. The Corporation closely monitors the performance of loans that are modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. The following table depicts the performance of loans that have been modified in the twelve months ended June 30, 2026:
The following table depicts the performance of loans that have been modified in the twelve months ended June 30, 2025:
The following table provides the amortized cost of loan modifications by loan portfolio and type of concession for loans that were modified in the previous twelve months and subsequently had a payment default during the six months ended June 30, 2026:
None of the loans modified in the previous twelve months subsequently had a payment default during the six months ended June 30, 2025. The nature and extent of the impairment of modified loans, including those which have experienced a subsequent payment default, are considered in the determination of an appropriate level of the ACLL. Allowance for Credit Losses on Loans The ACLL is comprised of the allowance for loan losses and the allowance for unfunded commitments. The level of the ACLL represents management’s estimate of an amount appropriate to provide for expected lifetime credit losses in the loan portfolio at the balance sheet date. The expected lifetime credit losses are the product of multiplying the Corporation's estimates of probability of default, loss given default, and the individual loan level exposure at default on an undiscounted basis. A main factor in the determination of the ACLL is the economic forecast. The forecast the Corporation used for June 30, 2026 was the Moody's baseline scenario from May 2026, which was reviewed against the June 2026 baseline scenario with no material updates made, over a two-year reasonable and supportable period with straight-line reversion to the historical losses over the second year of the period. The allowance for unfunded commitments is maintained at a level believed by management to be sufficient to absorb expected lifetime losses related to unfunded credit facilities (including unfunded loan commitments and letters of credit). See Note 12 for additional information on the change in the allowance for unfunded commitments. The following table presents a summary of the changes in the ACLL by portfolio segment for the six months ended June 30, 2026:
The following table presents a summary of the changes in the ACLL by portfolio segment for the year ended December 31, 2025:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Goodwill and Other Intangible Assets |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill and Intangible Assets Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets Goodwill The Corporation conducted its most recent annual impairment testing in May 2026, utilizing a qualitative assessment. Based on this assessment, management concluded that it is more likely than not that the estimated fair value exceeded the carrying value (including goodwill) for each reporting unit. Therefore, a step one quantitative analysis was not required. There have been no events since the May 2026 impairment test that have changed the Corporation's impairment assessment conclusion. There were no impairment charges recorded in the first six months of 2025 or 2026. The Corporation added $42.1 million goodwill related to the American National acquisition in the second quarter of 2026. The Corporation had goodwill of $1.1 billion at both June 30, 2026 and December 31, 2025. Core Deposit Intangibles The Corporation has CDIs which are amortized. CDI recorded as part of the American National acquisition is amortized over ten years using the sum of digits method while prior acquisitions are amortized under the straight line method. Changes in the gross carrying amount, accumulated amortization, and net book value for CDIs were as follows:
Mortgage Servicing Rights A summary of changes in the balance of the MSRs asset under the fair value measurement method is as follows:
The projections of amortization expense for CDIs and decay for MSRs are based on existing asset balances, the current interest rate environment, and prepayment speeds as of June 30, 2026. The actual expense the Corporation recognizes in any given period may be significantly different depending upon acquisition or sale activities, changes in interest rates, prepayment speeds, market conditions, regulatory requirements, and events or circumstances that indicate the carrying amount of an asset may not be recoverable. The following table shows the estimated future yearly amortization expense for CDIs and decay for MSRs:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Short and Long-Term Funding |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Short and Long-Term Funding | Short and Long-Term Funding The following table presents the components of short-term funding (funding with original contractual maturities of one year or less), and long-term funding (funding with original contractual maturities greater than one year):
(a) For additional information on the fair value hedges, see Note 10. Securities Sold Under Agreements to Repurchase The Corporation enters into agreements under which it sells securities subject to an obligation to repurchase the same or similar securities. Under these arrangements, the Corporation may transfer legal control over the assets but still retain effective control through an agreement that both entitles and obligates the Corporation to repurchase the assets. The obligation to repurchase the securities is reflected as a liability on the Corporation’s consolidated balance sheets, while the securities underlying the repurchase agreements remain in the respective investment securities asset accounts (i.e., there is no offsetting or netting of the investment securities assets with the repurchase agreement liabilities). The Corporation utilizes repurchase agreements to facilitate the needs of its customers. The fair value of securities pledged to secure repurchase agreements may decline. At June 30, 2026, the Corporation had pledged securities valued at 202% of the gross outstanding balance of repurchase agreements to manage this risk. The remaining contractual maturity of the securities sold under agreements to repurchase on the consolidated balance sheets is presented in the following table:
Long-Term Funding Senior Notes In August 2024, the Corporation issued $300.0 million in aggregate principal amount of 6.455% Fixed Rate / Floating Rate Senior Notes due August 29, 2030. During the period from, and including, August 29, 2024, to, but excluding, August 29, 2029, the senior notes will have a fixed coupon interest rate of 6.455% per annum, payable semi-annually in arrears. During the period from, and including, August 29, 2029, to, but excluding, the maturity date, the senior notes will have a floating rate per annum equal to Compounded SOFR, as defined in the Global Note issued in connection with the senior notes, plus 3.030%, payable quarterly in arrears. Prior to August 29, 2029, the Corporation may, at its option, redeem the senior notes, in whole or in part, at any time and from time to time, by paying the redemption price, as defined in the Global Note issued in connection with the senior notes, plus accrued and unpaid interest thereon, if any, to, but excluding, the redemption date. On August 29, 2029, the Corporation may at its option, redeem the senior notes, in whole, but not in part, by paying the aggregate principal amount of the notes to be redeemed plus accrued and unpaid interest thereon, if any, to, but excluding, the redemption date. At any time and from time to time on or after July 30, 2030 (30 days prior to the maturity date), the Corporation may, at its option, redeem the senior notes in whole or in part by paying the aggregate principal amount of the senior notes to be redeemed plus accrued and unpaid interest thereon, if any, to, but excluding, the redemption date. The senior notes were issued at a discount. Subordinated Notes In February 2023, the Corporation issued $300.0 million of 10-year subordinated notes, due March 1, 2033 and redeemable in whole or in part at the Corporation's option (i) on the reset date of March 1, 2028 and any interest payment date thereafter, (ii) at any time on or after the three month period prior to the maturity date, and (iii) upon the occurrence of a Regulatory Capital Treatment Event, as defined in the Global Note issued in connection with the subordinated notes. The subordinated notes have a fixed coupon interest rate of 6.625% until the reset date, after which the rate will be equal to the Five-Year U.S. Treasury Rate as of the reset date plus 2.812% per annum. The notes were issued at a discount. FHLB Advances Under agreements with the FHLB of Chicago, FHLB advances are secured by pledging qualifying collateral of the subsidiary bank (such as residential mortgage loans, residential mortgage loans held for sale, home equity loans, CRE loans, and investment securities). The FHLB advances had maturity or call dates ranging from 2026 through 2031 at June 30, 2026.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Derivative and Hedging Activities |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Derivative Instruments and Hedging Activities Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Derivative Instruments and Hedging Activities Disclosure [Text Block] | Derivative and Hedging Activities The Corporation enters into derivative financial instruments to manage exposures that arise from business activities that result in the payment of future known and uncertain cash amounts, the value of which are determined by interest and currency rates as well as other economic conditions. At inception, the Corporation designates the derivative contract as either a fair value hedge (i.e., a hedge of the fair value of a recognized asset or liability), a cash flow hedge (i.e., a hedge of the variability of cash flows to be received or paid related to a recognized asset or liability), or a non-designated hedge. The hedge accounting methodologies applied for fair value, cash flow, and non-designated hedges are described in the Derivative and Hedging Activities note in the Corporation's 2025 Annual Report on Form 10-K. The contract or notional amount of a derivative is used to determine, along with the other terms of the derivative, the amounts to be exchanged between the counterparties. The Corporation is exposed to credit risk in the event of nonperformance by counterparties to financial instruments. To mitigate the counterparty risk, contracts generally contain language outlining collateral pledging requirements for each counterparty. For non-centrally cleared derivatives, collateral must be posted when the market value exceeds certain mutually agreed upon threshold limits. Securities and cash are often pledged as collateral. The Corporation pledged $73.8 million and $79.4 million of investment securities as collateral at June 30, 2026, and December 31, 2025, respectively. Cash is often pledged or received as collateral for derivatives that are not centrally cleared. The Corporation's cash collateral pledged was $3.5 million at June 30, 2026 and $11.8 million at December 31, 2025. For fair value information and disclosures and for the Corporation's accounting policy for derivative and hedging activities, see the Fair Value Measurements and Summary of Significant Accounting Policies notes in the Corporation's 2025 Annual Report on Form 10-K. The following table presents the total notional amounts and gross fair values of the Corporation's derivatives, as well as the balance sheet netting adjustments:
(a) The notional amounts of the interest rate-related instruments designated as hedging instruments include forward starting interest rate swaps. As of June 30, 2026, this includes swaps with an effective dates of November 1, 2026 to December 1, 2026 that had an asset notational and fair value of $100.0 million and $0.2 million, respectively, and a liability notional amount and fair value of $250.0 million and $1.5 million, respectively. As of December 31, 2025, the Corporation did not have any forward starting interest rate-swaps. (b) The mortgage derivative asset includes interest rate lock commitments, while the mortgage derivative liability includes forward commitments. Given the fair value position as of June 30, 2026, the fair value of the mortgage derivative asset included $1.4 million of interest rate lock commitments and the derivative liability included $0.4 million of forward commitments. Given the fair value position as of December 31, 2025, the fair value of the mortgage derivative asset included $0.8 million of interest rate lock commitments and the derivative liability included $0.4 million of forward commitments. The following table presents amounts that were recorded on the consolidated balance sheets related to cumulative basis adjustments for fair value hedges:
(a) Excludes hedged items where only foreign currency risk is the designated hedged risk. At June 30, 2026 and December 31, 2025, the carrying amount excluded for foreign currency denominated loans was $318.0 million and $318.5 million, respectively. The Corporation terminated its $500.0 million fair value hedge during the fourth quarter of 2019. At June 30, 2026, the amortized cost basis of the closed portfolios which had previously been used in the terminated hedging relationship was $151.4 million and is included in loans on the consolidated balance sheets. This amount includes $0.7 million of hedging adjustments on the discontinued hedging relationships, which are not presented in the table above. The tables below identify the effect of fair value and cash flow hedge accounting on the Corporation's consolidated statements of income:
(a) Includes net settlements on the derivatives.
The following table presents the effect of cash flow hedge accounting on accumulated other comprehensive income (loss):
(a) The entirety of gains (losses) recognized in OCI as well as those reclassified from accumulated other comprehensive income (loss) into interest income were included components in the assessment of hedge effectiveness. Amounts reported in accumulated other comprehensive income (loss) related to cash flow hedge derivatives are reclassified to interest income as interest payments are made on the hedged variable interest rate assets. The Corporation estimates that $3.1 million will be reclassified as a decrease to interest income over the next 12 months. This amount could differ from amounts actually recognized due to changes in interest rates, hedge de-designations, or the addition of other hedges subsequent to June 30, 2026. The maximum length of time over which the Corporation is hedging its exposure to the variability in future cash flows is 41 months as of June 30, 2026. The table below identifies the effect of derivatives not designated as hedging instruments on the Corporation's consolidated statements of income:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Balance Sheet Offsetting |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Offsetting [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Additional Financial Information Disclosure [Text Block] | Balance Sheet Offsetting Interest Rate-Related Instruments and Foreign Exchange Forwards (“Interest and Foreign Exchange Agreements”) The Corporation is permitted to present derivative receivables and derivative payables with the same counterparty and the related cash collateral receivables and payables on a net basis on the consolidated balance sheets when a legally enforceable master netting agreement exists. The Corporation has elected to net such balances where it has determined that the specified conditions are met. The Corporation uses master netting agreements to mitigate counterparty credit risk in these transactions, including derivative contracts. A master netting agreement is a single agreement with a counterparty that permits multiple transactions governed by that agreement to be terminated or accelerated and settled through a single payment in a single currency in the event of a default (e.g., bankruptcy, failure to make a required payment or securities transfer, or failure to deliver collateral or margin when due). Typical master netting agreements for these types of transactions also contain a collateral/margin agreement that provides for a security interest in, or title transfer of, securities or cash collateral/margin to the party that has the right to demand margin (the "demanding party"). The collateral/margin agreement typically requires a party to transfer collateral/margin to the demanding party with a value equal to the amount of the margin deficit on a net basis across all transactions governed by the master netting agreement, less any threshold. The collateral/margin agreement grants to the demanding party, upon default by the counterparty, the right to offset any amounts payable by the counterparty against any posted collateral or the cash equivalent of any posted collateral/margin. It also grants to the demanding party the right to liquidate collateral/margin and to apply the proceeds to an amount payable by the counterparty. For additional information on the Corporation’s derivative and hedging activities, see the Derivative and Hedging Activities note in the Corporation's 2025 Annual Report on Form 10-K. The following tables present the interest rate and foreign exchange assets and liabilities subject to an enforceable master netting arrangement. The interest rate and foreign exchange agreements the Corporation has with its commercial customers are not subject to an enforceable master netting arrangement and are therefore excluded from these tables:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Commitments, Off-Balance Sheet Arrangements, Legal Proceedings and Regulatory Matters |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Commitments and Contingencies Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Commitments, Off-Balance Sheet Arrangements, Legal Proceedings and Regulatory Matters | Commitments, Off-Balance Sheet Arrangements, and Legal Proceedings The Corporation utilizes a variety of financial instruments in the normal course of business to meet the financial needs of its customers and to manage its own exposure to fluctuations in interest rates. These financial instruments include lending-related and other commitments (see below) as well as derivative instruments (see Note 10). The following is a summary of lending-related commitments:
(a) These off-balance sheet financial instruments are exercisable at the market rate prevailing at the date the underlying transaction will be completed and, thus, are deemed to have no current fair value, or the fair value is based on fees currently charged to enter into similar agreements and was not material at June 30, 2026 or December 31, 2025. (b) Interest rate lock commitments to originate residential mortgage loans held for sale are considered derivative instruments and are disclosed in Note 10. (c) Standby letters of credit are presented excluding participations. The Corporation has established a liability of $2.4 million at June 30, 2026 and $2.2 million at December 31, 2025, as an estimate of the fair value of these financial instruments. Lending-related Commitments As a financial services provider, the Corporation routinely enters into commitments to extend credit. Such commitments are subject to the same credit policies and approval process accorded to loans made by the Corporation, with each customer’s creditworthiness evaluated on a case-by-case basis. The commitments generally have fixed expiration dates or other termination clauses and may require the payment of a fee. The Corporation’s exposure to credit loss in the event of nonperformance by the other party to these financial instruments is represented by the contractual amount of those instruments. The amount of collateral obtained, if deemed necessary by the Corporation upon extension of credit, is based on management’s credit evaluation of the customer. Since a significant portion of commitments to extend credit are subject to specific restrictive loan covenants or may expire without being drawn upon, the total commitment amounts do not necessarily represent future cash flow requirements. An allowance for unfunded commitments is maintained at a level believed by management to be sufficient to absorb expected lifetime losses related to unfunded commitments (including unfunded loan commitments and letters of credit). The following table presents a summary of the changes in the allowance for unfunded commitments:
Lending-related commitments include commitments to extend credit, commitments to originate residential mortgage loans held for sale, commercial letters of credit, and standby letters of credit. Commitments to extend credit are legally binding agreements to lend to customers at predetermined interest rates, as long as there is no violation of any condition established in the contracts. Interest rate lock commitments to originate residential mortgage loans held for sale and forward commitments to sell residential mortgage loans are considered derivative instruments, and the fair value of these commitments is recorded in other assets and accrued expenses and other liabilities on the consolidated balance sheets. The Corporation’s derivative and hedging activity is further described in Note 10. Commercial and standby letters of credit are conditional commitments issued to guarantee the performance of a customer to a third party. Commercial letters of credit are issued specifically to facilitate commerce and typically result in the commitment being drawn on when the underlying transaction is consummated between the customer and the third party, while standby letters of credit generally are contingent upon the failure of the customer to perform according to the terms of the underlying contract with the third party. Other Commitments The Corporation invests in qualified affordable housing projects, historic projects, new market projects, and opportunity zone funds for the purpose of community reinvestment and obtaining tax credits and other tax benefits. Return on the Corporation's investment in these projects and funds comes in the form of the tax credits and tax losses that pass through to the Corporation. The aggregate carrying value of investments in qualified affordable housing and historic projects at June 30, 2026 was $161.3 million, compared to $174.3 million at December 31, 2025, included in tax credit and other investments on the consolidated balance sheets. The Corporation's remaining investments accounted for under the proportional amortization method totaled $160.0 million at June 30, 2026 and $172.2 million at December 31, 2025. Under the proportional amortization method, the Corporation amortizes the initial cost of the investment in proportion to the tax credits and other tax benefits. The following table summarizes income tax credits, other income tax benefits, and investment amortization generated from the Corporation's investments in these projects, which are recognized as a component within income tax expense on the consolidated statements of income and included in the change in net income tax position and amortization of tax credit investments on the consolidated statements of cash flows:
The Corporation’s unfunded contributions relating to investments in qualified affordable housing and historic projects are recorded in accrued expenses and other liabilities on the consolidated balance sheets. The Corporation’s remaining unfunded contributions totaled $22.5 million at June 30, 2026 and $22.8 million at December 31, 2025. For the three and six months ended June 30, 2026 and 2025, the Corporation recorded impairment of $0.9 million related to qualified affordable housing investments and historic tax credits which was recognized through asset gains (losses), net on the consolidated statements of income and included in the net change in other assets and liabilities on the consolidated statements of cash flows. The Corporation has principal investment commitments to provide capital-based financing to private companies through either direct investment in specific companies or through investment funds and partnerships. The timing of future cash requirements to fund such principal investment commitments is generally dependent on the investment cycle, whereby privately held companies are funded by private equity investors and ultimately sold, merged, or taken public through an initial public offering, which can vary based on overall market conditions, as well as the nature and type of industry in which the companies operate. The timing of future cash requirements to fund these pools is dependent upon loan demand, which can vary over time. The aggregate carrying value of these investments was $74.3 million at June 30, 2026 and $62.3 million at December 31, 2025, included in tax credit and other investments on the consolidated balance sheets. Legal Proceedings The Corporation is party to various pending and threatened claims and legal proceedings arising in the normal course of business activities, some of which involve claims for substantial amounts. Although there can be no assurance as to the ultimate outcomes, the Corporation believes it has meritorious defenses to the claims asserted against it in its currently outstanding matters and intends to continue to defend itself vigorously with respect to such legal proceedings. The Corporation will consider settlement of cases when, in management’s judgment, it is in the best interests of the Corporation and its shareholders. Management believes that the legal proceedings currently pending against it should not have a material adverse effect on the Corporation’s consolidated financial condition. However, in light of the uncertainties involved in such proceedings, there is no assurance that the ultimate resolution of these matters will not significantly exceed the reserves the Corporation has currently accrued or that a matter will not have material reputational or other qualitative consequences. As a result, the outcome of a particular matter may be material to the Corporation’s operating results for a particular period, depending on, among other factors, the size of the loss or liability imposed and the level of the Corporation’s income for that period. Mortgage Repurchase Reserve The Corporation sells residential mortgage loans to investors in the normal course of business. Residential mortgage loans sold to others are predominantly conventional residential first lien mortgages originated under the Corporation's usual underwriting procedures, and are most often sold on a nonrecourse basis, primarily to the GSEs. The Corporation’s agreements to sell residential mortgage loans in the normal course of business usually require certain representations and warranties on the underlying loans sold, related to credit information, loan documentation, collateral, and insurability. Subsequent to being sold, if a material underwriting deficiency or documentation defect is discovered, the Corporation may be obligated to repurchase the loan or reimburse the GSEs for losses incurred (collectively, “make whole requests”). The make whole requests and any related risk of loss under the representations and warranties are largely driven by borrower performance. The Corporation also sells qualifying residential mortgage loans guaranteed by U.S. government agencies into GNMA pools. As a result of make whole requests, the Corporation has repurchased loans with aggregate principal balances of $2.9 million and $3.5 million for the six months ended June 30, 2026 and the year ended December 31, 2025, respectively. There were no loss reimbursement and settlement claims paid in the six months ended June 30, 2026 or for the year ended December 31, 2025. Make whole requests since January 1, 2025 generally arose from loans originated since January 1, 2022 with balances totaling $4.3 billion at the time of sale, consisting primarily of loans sold to GSEs. As of June 30, 2026, $2.0 billion of those loans originated since January 1, 2022 remain outstanding. The balance in the mortgage repurchase reserve at the balance sheet date reflects the estimated amount of potential loss the Corporation could incur from repurchasing a loan, as well as loss reimbursements, indemnifications, and other settlement resolutions. The mortgage repurchase reserve, included in accrued expenses and other liabilities on the consolidated balance sheets, was $0.4 million at June 30, 2026 and $0.3 million at December 31, 2025. The Corporation may also sell residential mortgage loans with limited recourse (limited in that the recourse period ends prior to the loan’s maturity, usually after certain time and/or loan paydown criteria have been met), whereby repurchase could be required if the loan had defined delinquency issues during the limited recourse periods. At June 30, 2026 and December 31, 2025, there were $12.2 million and $11.4 million, respectively, of residential mortgage loans sold with such recourse risk. There have been limited instances and immaterial historical losses on repurchases for recourse under the limited recourse criteria. The Corporation has a subordinate position to the FHLB in the credit risk on residential mortgage loans it sold to the FHLB Mortgage Partnership Finance Traditional program in exchange for a monthly credit enhancement fee. At June 30, 2026 and December 31, 2025, there were $365.8 million and $273.4 million, respectively, of such residential mortgage loans with credit risk recourse, upon which there have been immaterial historical losses to the Corporation.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fair Value Measurements |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fair Value Disclosures [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fair Value Measurements | Fair Value Measurements Fair value represents the estimated price at which an orderly transaction to sell an asset or to transfer a liability would take place between market participants at the measurement date under current market conditions (i.e., an exit price concept). The valuation methodologies for assets and liabilities measured at fair value on a recurring and non-recurring basis are described in the Fair Value Measurements note in the Corporation’s 2025 Annual Report on Form 10-K, as well as Note 3 Business Combinations. The tables below present the Corporation’s financial instruments measured at fair value on a recurring basis and carrying amounts and estimated fair values of certain financial instruments, aggregated by the level in the fair value hierarchy within which those measurements fall:
(a) Figures are presented gross before netting. See Note 10 and Note 11 for information relating to the impact of offsetting derivative assets and liabilities and cash collateral with the same counterparty where there is a legally enforceable master netting agreement in place. (b) The quantifiable unobservable input for fair value measurement of the Level 3 classified security is externally developed.
(a) The commitment on standby letters of credit was $252.8 million at June 30, 2026. See Note 12 for additional information on the standby letters of credit and for information on the fair value of lending-related commitments. (b) Figures are presented gross before netting. See Note 10 and Note 11 for information relating to the impact of offsetting derivative assets and liabilities and cash collateral with the same counterparty where there is a legally enforceable master netting agreement in place.
(a) Figures are presented gross before netting. See Note 10 and Note 11 for information relating to the impact of offsetting derivative assets and liabilities and cash collateral with the same counterparty where there is a legally enforceable master netting agreement in place.
(a) The commitment on standby letters of credit was $222.0 million at December 31, 2025. See Note 12 for additional information on the standby letters of credit and for information on the fair value of lending-related commitments. (b) Figures are presented gross before netting. See Note 10 and Note 11 for information relating to the impact of offsetting derivative assets and liabilities and cash collateral with the same counterparty where there is a legally enforceable master netting agreement in place. The table below presents a rollforward of the consolidated balance sheets amounts for the Corporation's mortgage derivatives measured at fair value on a recurring basis and classified within Level 3 of the fair value hierarchy:
Refer to Note 8 for a rollforward of the consolidated balance sheets amounts for the Corporation's mortgage servicing rights measured at fair value on a recurring basis and classified within Level 3 of the fair value hierarchy. The following table presents a rollforward of the fair value of Level 3 equity securities that are measured under the measurement alternative, and the related adjustments recorded during the periods presented for those securities with observable price changes:
The Corporation did not have any activity for Level 3 equity securities for the six months ended June 30, 2026. The Corporation acquired a Level 3 AFS debt security upon the acquisition of American National on April 1, 2026. The security was valued at $2.1 million and no related adjustments to fair value have been recorded as of June 30, 2026. The table below presents the Corporation’s assets measured at fair value on a nonrecurring basis, aggregated by the level in the fair value hierarchy within which those measurements fall:
(a) These assets are held at lower of its carrying amount or fair value less cost to sell. Assets included here are those that were adjusted to fair value less cost to sell during the period. The table below presents the unobservable inputs that are readily quantifiable pertaining to Level 3 measurements:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Retirement Plans |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retirement Benefits [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retirement Plans | Retirement Plans The Corporation has a noncontributory defined benefit RAP, covering substantially all employees who meet participation requirements. The benefit allocations are based primarily on years of service and the employee’s compensation paid. Employees of acquired entities generally participate in the RAP after consummation of the business combinations. As part of acquisition-related integration activities, employees who become eligible for participation in the RAP are generally provided service credit for their employment with the acquired institution for eligibility and vesting purposes. The Corporation also provides legacy healthcare access to a limited group of retired employees from a previous acquisition in the Postretirement Plan. There are no other active retiree healthcare plans. The components of net periodic pension benefit and net periodic cost for the RAP and Postretirement Plan were as follows:
The components of net periodic pension benefit and net periodic cost, other than the service cost component, are included in the other noninterest expense caption of the consolidated statements of income. The service cost component is included in the personnel noninterest expense caption of the consolidated statements of income. The Corporation’s funding policy is to pay at least the minimum amount required by federal law and regulations, with consideration given to the maximum funding amounts allowed. The Corporation regularly reviews the funding of its RAP. There were no contributions during the six months ended June 30, 2026 or 2025.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Segment Reporting |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Segment Reporting [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Segment Reporting | Segment Reporting The Corporation is managed through operating segments based on our internal structure and management process, which is how we assess performance and allocate resources to the segments. Certain operating segments have been aggregated into our three reportable segments where the nature of the products and services, the type of customer, and the distribution of those products and services are similar. The three reportable segments are Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. A description of the products and services and the related customers for each reportable segment can be found in the Segment Reporting note in the Corporation’s 2025 Annual Report on Form 10-K. Effective beginning the first quarter of 2026, the Corporation made adjustments to both its FTP and expense allocation of shared services to its reportable segments to better align with how management assesses performance and allocates resources. These changes consisted of updates to the FTP methodology, including revisions to the funding curve and deposit assumptions; reassignment of certain branch locations based on the primary business activities supported by those branches; and revisions to the allocation of shared service expenses. The Corporation has recast prior period segment information to conform to the current period presentation. The financial information of the Corporation’s segments disclosed below has been compiled utilizing the accounting policies described in the Corporation’s 2025 Annual Report on Form 10-K with certain exceptions based on internal management accounting policies. The significant exceptions are as follows: The Corporation allocates certain net interest income, the provision for credit losses, certain noninterest expenses, and income taxes to each operating segment. Allocation methodologies are subject to periodic adjustment as the internal management accounting system is revised, the interest rate environment evolves, and business or product lines within the segments change. Also, because the development and application of these methodologies is a dynamic process, the financial results presented may be periodically reviewed. The Corporation allocates certain net interest income using an internal FTP methodology that charges users of funds (assets, primarily loans) and credits providers of funds (liabilities, primarily deposits) based on the funding curve, maturity, prepayment, and other characteristics of the assets and liabilities. This allocation is reflected as net intersegment interest income (expense) in the accompanying tables. The provision for credit losses is allocated to segments based on the expected long-term annual net charge off rates attributable to the credit risk of loans managed by the segment during the period. In contrast, the level of the consolidated provision for credit losses is determined based on an ACLL model using methodologies described in the Corporation’s 2025 Annual Report on Form 10-K. The net effect of the above allocations is recorded within the Risk Management and Shared Services segment to ensure consolidated totals reflect the Corporation's consolidated financial information. Indirect expenses incurred by the Corporation's centralized support functions - including facilities, information technology, finance, and corporate risk management - are allocated to reportable segments based on actual usage, such as transaction volumes or FTEs, as well as other relevant drivers that reflect consumption of those services. Because these allocations are based on estimated activity levels, individual period results may reflect variability in the distribution of indirect expenses among segments. Certain corporate-level expenses, including acquisition-related costs, integration expenses, and gains or losses on the disposition of branches or business units, are not allocated and remain in the Risk Management and Shared Services segment. These allocations are reflected as allocated indirect expense in the accompanying tables. Income tax expense (benefit) is allocated to segments based on the Corporation’s estimated effective tax rate, with certain segments adjusted for any tax-exempt income or non-deductible expenses. Financial information about the Corporation’s segments is presented below:
(a) A portion of total depreciation expense of $0.2 million, $6.3 million, and $6.0 million for the Corporate and Commercial Specialty, Community Consumer and Business, and Risk Management and Shared Services segments, respectively, is included in this expense caption.
a) A portion of total depreciation expense of $0.1 million, $5.9 million, and $6.0 million for the Corporate and Commercial Specialty, Community Consumer and Business, and Risk Management and Shared Services segments, respectively, is included in this expense caption.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accumulated Other Comprehensive Income (Loss) |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accumulated Other Comprehensive Income (Loss) | Accumulated Other Comprehensive Income (Loss) The following table summarizes the components of accumulated other comprehensive income (loss) at June 30, 2026 and 2025, including changes during the preceding six and three month periods as well as any reclassifications out of accumulated other comprehensive income (loss):
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Subsequent Events |
3 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Subsequent Events [Abstract] | |
| Subsequent Events | Subsequent Events On April 1, 2026, the Corporation completed its previously announced acquisition of American National pursuant to the terms of the Merger Agreement by and between Associated and American National. Pursuant to the Merger Agreement, (i) American National merged with and into Associated Banc-Corp, with Associated Banc-Corp continuing as the surviving corporation, and (ii) following such merger, American National Bank, a national banking association and wholly owned subsidiary of American National, merged with and into the Bank, with the Bank continuing as the surviving bank. At the effective time of the merger, the outstanding shares of voting common stock and non-voting common stock of American National outstanding immediately prior to the effective time of the merger, other than certain shares held by the Corporation or American National, were converted into the right to receive an aggregate 22,975,382 shares of common stock of the Corporation. This represented 36.250 shares of the Corporation's common stock for each share of outstanding common stock of American National; with cash paid in lieu of fractional shares. Total consideration for the acquisition was 594.1 million valued at the acquisition date fair value of 25.86 per share. American National operated 33 branches across Nebraska, Minnesota and Iowa, with a concentration in the Greater Omaha and Minneapolis / St. Paul metro markets. As a result of the acquisition, the Corporation will increase its deposit market share and deliver its products and services to an expanded client base across attractive Midwest markets. As of March 31, 2026, American National had total assets of 5.2 billion, total loans of 3.8 billion and total deposits of 4.5 billion. The acquisition of American National will be accounted for as a business combination using the acquisition method of accounting in accordance with FASB ASC Topic 805, Business Combinations, which requires assets acquired and liabilities assumed to be recognized at fair value as of the acquisition date. Due to the timing of the acquisition, the initial accounting for the acquisition has not been completed. The Corporation expects to finalize the valuation and complete the purchase price allocation as soon as practicable.
|
Insider Trading Arrangements |
3 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Trading Arrangements, by Individual | |
| Rule 10b5-1 Arrangement Adopted | false |
| Rule 10b5-1 Arrangement Terminated | false |
Summary of Significant Accounting Policies (Policies) |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||
| Accounting Standards Update and Change in Accounting Principle [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||
| Future Accounting Pronouncements | Future Accounting Pronouncements The expected impact of applicable material accounting pronouncements recently issued or proposed but not yet required to be adopted are discussed in the table below. To the extent that the adoption of new accounting standards materially affects the Corporation's financial condition, results of operations, liquidity or disclosures, the impacts are discussed in the applicable sections of this financial review.
|
||||||||||||||||||||||||||||||||||||||||||||||||
Business Combinations, Asset Acquisitions, Transaction between Entities under Common Control, and Joint Venture Formation (Tables) |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Apr. 01, 2026 |
Jun. 30, 2026 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Combination [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Combination, Recognized Asset Acquired and Liability Assumed [Table Text Block] | The following table presents the estimated fair values of the assets acquired and liabilities assumed as of the effective date of the American National acquisition.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule Of Financing Receivables Purchased Seasoned Loans [Table Text Block] | The following table includes the fair value and unpaid principal balance of the acquired loans and leases:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Combination, Separately Recognized Transaction [Table Text Block] | The following table presents merger related costs, and the line item that these costs are included in on the consolidated statement of income, for the three and six months ended June 30, 2026. Additional transaction and integration costs will be expensed in future periods as incurred.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Combination, Pro Forma Information [Table Text Block] | Pro Forma Financial Information The following unaudited pro forma summary presents consolidated information of the Corporation as if the American National acquisition had occurred on January 1, 2025. The amounts do not reflect anticipated operating cost savings, revenue enhancements, or other synergies expected to result from the acquisition. Actual results may differ from the unaudited pro forma information presented.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Combination, Pro Forma Information, Nonrecurring Adjustment [Table Text Block] | The pro forma adjustments include the effect of excluding acquisition-related expenses of $25.5 million for the six months ended June 30, 2026 and included such expenses in the first half of 2025. These adjustments also include adjusting amortization and accretion of fair value marks on acquired loans, investments, deposits, intangibles, other assets/liabilities, and the effect of income taxes. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Earnings Per Common Share (Tables) |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Earnings Per Share [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Calculations for basic and diluted earnings per common share | Presented below are the calculations for basic and diluted earnings per common share:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Stock-Based Compensation (Tables) |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retirement Benefits [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Share-Based Payment Arrangement, Option, Activity [Table Text Block] | A summary of the Corporation’s stock option activity for the six months ended June 30, 2026 is presented below:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block] | The following table summarizes information about the Corporation’s restricted stock activity for the six months ended June 30, 2026:
(a) In thousands
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investment Securities (Tables) |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investments, Debt and Equity Securities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Available-for-Sale Securities Reconciliation [Table Text Block] | The amortized cost and fair values of AFS and HTM securities at June 30, 2026 were as follows:
(a)Unrealized losses includes allowance for credit losses The amortized cost and fair values of AFS and HTM securities at December 31, 2025 were as follows:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt Securities, Held-to-Maturity [Table Text Block] | The amortized cost and fair values of AFS and HTM securities at June 30, 2026 were as follows:
(a)Unrealized losses includes allowance for credit losses The amortized cost and fair values of AFS and HTM securities at December 31, 2025 were as follows:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investments Classified by Contractual Maturity Date [Table Text Block] | The expected maturities of AFS and HTM securities at June 30, 2026, are shown below:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Realized Gain (Loss) [Table Text Block] | The following table summarizes gross realized gains and losses on AFS securities, the gain or loss on sale and fair value adjustment of equity securities, and proceeds from the sale of AFS investment securities:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Unrealized Loss on Investments [Table Text Block] | The following represents gross unrealized losses and the related fair value of AFS and HTM securities, aggregated by investment category and length of time individual securities have been in a continuous unrealized loss position, at June 30, 2026:
For comparative purposes, the following represents gross unrealized losses and the related fair value of AFS and HTM securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at December 31, 2025:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loans Loans (Tables) |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Receivables [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] | The period end loan composition was as follows:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financing Receivable Credit Quality Indicators [Table Text Block] | The following table presents loans by credit quality indicator by origination year at June 30, 2026:
(a) Revolving loans converted to term loans are those converted during the reporting period and are also reported in their year of origination. The following table presents loans by credit quality indicator by origination year at December 31, 2025:
(a) Revolving loans converted to term loans are those converted during the reporting period and are also reported in their year of origination. The following table presents gross charge offs by origination year for the six months ended June 30, 2026:
The following table presents gross charge offs by origination year for the year ended December 31, 2025:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financing Receivable, Past Due [Table Text Block] | The following table presents loans by past due status at June 30, 2026:
(a) Of the total nonaccrual loans, $78.9 million, or 53%, were current with respect to payment at June 30, 2026. (b) No interest income was recognized on nonaccrual loans for the three and six months ended June 30, 2026. In addition, there were $18.2 million of nonaccrual loans for which there was no related ACLL at June 30, 2026. (c) Past due portions exclude guaranteed student loans. The following table presents loans by past due status at December 31, 2025:
(a) Of the total nonaccrual loans, $31.2 million, or 31%, were current with respect to payment at December 31, 2025. (b) No interest income was recognized on nonaccrual loans for the year ended December 31, 2025. In addition, there were $14.6 million of nonaccrual loans for which there was no related ACLL at December 31, 2025 (c) Past due portions exclude guaranteed student loans.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financing Receivable, Modified [Table Text Block] | The following tables show the composition of loan modifications made to borrowers experiencing financial difficulty by the loan portfolio and type of concessions granted. Each of the types of concessions granted comprised less than 1% of their respective classes of loan portfolios at June 30, 2026 and June 30, 2025.
The following tables summarize, by loan portfolio, the financial effect of the Corporation's loan modifications on the modified loans.
(a) Some interest rate concessions may involve an increase in rate that was lower in comparison to prevailing market rates.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financing Receivable, Modified, Past Due [Table Text Block] | The following table depicts the performance of loans that have been modified in the twelve months ended June 30, 2026:
The following table depicts the performance of loans that have been modified in the twelve months ended June 30, 2025:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financing Receivable, Modified, Subsequent Default [Table Text Block] | The following table provides the amortized cost of loan modifications by loan portfolio and type of concession for loans that were modified in the previous twelve months and subsequently had a payment default during the six months ended June 30, 2026:
None of the loans modified in the previous twelve months subsequently had a payment default during the six months ended June 30, 2025.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financing Receivable, Allowance for Credit Loss [Table Text Block] | The following table presents a summary of the changes in the ACLL by portfolio segment for the six months ended June 30, 2026:
The following table presents a summary of the changes in the ACLL by portfolio segment for the year ended December 31, 2025:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Goodwill and Other Intangible Assets (Tables) |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill and Intangible Assets Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Finite-Lived Intangible Assets [Table Text Block] | Changes in the gross carrying amount, accumulated amortization, and net book value for CDIs were as follows:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Servicing Assets at Fair Value [Table Text Block] | A summary of changes in the balance of the MSRs asset under the fair value measurement method is as follows:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] | The following table shows the estimated future yearly amortization expense for CDIs and decay for MSRs:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Short and Long-Term Funding (Tables) |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Debt [Table Text Block] | The following table presents the components of short-term funding (funding with original contractual maturities of one year or less), and long-term funding (funding with original contractual maturities greater than one year):
(a) For additional information on the fair value hedges, see Note 10.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Table Text Block] | The remaining contractual maturity of the securities sold under agreements to repurchase on the consolidated balance sheets is presented in the following table:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Derivative and Hedging Activities (Tables) |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Derivative Instruments and Hedging Activities Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block] | The following table presents amounts that were recorded on the consolidated balance sheets related to cumulative basis adjustments for fair value hedges:
(a) Excludes hedged items where only foreign currency risk is the designated hedged risk. At June 30, 2026 and December 31, 2025, the carrying amount excluded for foreign currency denominated loans was $318.0 million and $318.5 million, respectively. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block] | The tables below identify the effect of fair value and cash flow hedge accounting on the Corporation's consolidated statements of income:
(a) Includes net settlements on the derivatives.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block] | The following table presents the effect of cash flow hedge accounting on accumulated other comprehensive income (loss):
(a) The entirety of gains (losses) recognized in OCI as well as those reclassified from accumulated other comprehensive income (loss) into interest income were included components in the assessment of hedge effectiveness.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Gain (loss) on derivative instruments not designated as hedging instruments | The table below identifies the effect of derivatives not designated as hedging instruments on the Corporation's consolidated statements of income:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Balance Sheet Offsetting (Tables) |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Offsetting [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Offsetting Assets [Table Text Block] | The following tables present the interest rate and foreign exchange assets and liabilities subject to an enforceable master netting arrangement. The interest rate and foreign exchange agreements the Corporation has with its commercial customers are not subject to an enforceable master netting arrangement and are therefore excluded from these tables:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Offsetting Liabilities [Table Text Block] | The following tables present the interest rate and foreign exchange assets and liabilities subject to an enforceable master netting arrangement. The interest rate and foreign exchange agreements the Corporation has with its commercial customers are not subject to an enforceable master netting arrangement and are therefore excluded from these tables:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Commitments, Off-Balance Sheet Arrangements, Legal Proceedings and Regulatory Matters (Tables) |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Commitments and Contingencies Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Summary of lending-related and other commitments | The following is a summary of lending-related commitments:
(a) These off-balance sheet financial instruments are exercisable at the market rate prevailing at the date the underlying transaction will be completed and, thus, are deemed to have no current fair value, or the fair value is based on fees currently charged to enter into similar agreements and was not material at June 30, 2026 or December 31, 2025. (b) Interest rate lock commitments to originate residential mortgage loans held for sale are considered derivative instruments and are disclosed in Note 10. (c) Standby letters of credit are presented excluding participations. The Corporation has established a liability of $2.4 million at June 30, 2026 and $2.2 million at December 31, 2025, as an estimate of the fair value of these financial instruments.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule Of Unfunded Commitments [Table Text Block] | The following table presents a summary of the changes in the allowance for unfunded commitments:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of income tax credits from qualified affordable housing projects | The following table summarizes income tax credits, other income tax benefits, and investment amortization generated from the Corporation's investments in these projects, which are recognized as a component within income tax expense on the consolidated statements of income and included in the change in net income tax position and amortization of tax credit investments on the consolidated statements of cash flows:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fair Value Measurements (Tables) |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fair Value Disclosures [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] | The tables below present the Corporation’s financial instruments measured at fair value on a recurring basis and carrying amounts and estimated fair values of certain financial instruments, aggregated by the level in the fair value hierarchy within which those measurements fall:
(a) Figures are presented gross before netting. See Note 10 and Note 11 for information relating to the impact of offsetting derivative assets and liabilities and cash collateral with the same counterparty where there is a legally enforceable master netting agreement in place. (b) The quantifiable unobservable input for fair value measurement of the Level 3 classified security is externally developed.
(a) The commitment on standby letters of credit was $252.8 million at June 30, 2026. See Note 12 for additional information on the standby letters of credit and for information on the fair value of lending-related commitments. (b) Figures are presented gross before netting. See Note 10 and Note 11 for information relating to the impact of offsetting derivative assets and liabilities and cash collateral with the same counterparty where there is a legally enforceable master netting agreement in place.
(a) Figures are presented gross before netting. See Note 10 and Note 11 for information relating to the impact of offsetting derivative assets and liabilities and cash collateral with the same counterparty where there is a legally enforceable master netting agreement in place.
(a) The commitment on standby letters of credit was $222.0 million at December 31, 2025. See Note 12 for additional information on the standby letters of credit and for information on the fair value of lending-related commitments. (b) Figures are presented gross before netting. See Note 10 and Note 11 for information relating to the impact of offsetting derivative assets and liabilities and cash collateral with the same counterparty where there is a legally enforceable master netting agreement in place.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] | The table below presents a rollforward of the consolidated balance sheets amounts for the Corporation's mortgage derivatives measured at fair value on a recurring basis and classified within Level 3 of the fair value hierarchy:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity Securities without Readily Determinable Fair Value [Table Text Block] | The following table presents a rollforward of the fair value of Level 3 equity securities that are measured under the measurement alternative, and the related adjustments recorded during the periods presented for those securities with observable price changes:
The Corporation did not have any activity for Level 3 equity securities for the six months ended June 30, 2026.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fair Value Measurements, Nonrecurring [Table Text Block] | The table below presents the Corporation’s assets measured at fair value on a nonrecurring basis, aggregated by the level in the fair value hierarchy within which those measurements fall:
(a) These assets are held at lower of its carrying amount or fair value less cost to sell. Assets included here are those that were adjusted to fair value less cost to sell during the period.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Assumptions for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Table Text Block] | The table below presents the unobservable inputs that are readily quantifiable pertaining to Level 3 measurements:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Retirement Plans (Tables) |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retirement Benefits [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Net Benefit Costs [Table Text Block] | The components of net periodic pension benefit and net periodic cost for the RAP and Postretirement Plan were as follows:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Segment Reporting (Tables) |
3 Months Ended | 6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2026 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Segment Reporting [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Selected segment information | Financial information about the Corporation’s segments is presented below:
(a) A portion of total depreciation expense of $0.2 million, $6.3 million, and $6.0 million for the Corporate and Commercial Specialty, Community Consumer and Business, and Risk Management and Shared Services segments, respectively, is included in this expense caption.
a) A portion of total depreciation expense of $0.1 million, $5.9 million, and $6.0 million for the Corporate and Commercial Specialty, Community Consumer and Business, and Risk Management and Shared Services segments, respectively, is included in this expense caption.
|
(a) A portion of total depreciation expense of $0.3 million, $12.5 million, and $11.9 million for the Corporate and Commercial Specialty, Community Consumer and Business, and Risk Management and Shared Services segments, respectively, is included in this expense caption.
Risk Management and Shared Services segments, respectively, is included in this expense caption. Expenses included within the other noninterest expense line of the segment information above relate to the remaining segment expenses including office expense and card issuance costs. None of the individual expense categories rise to the level of significance for the segment; however, they are utilized in determining the profit or loss measure for each segment. The management accounting policies and processes utilized in compiling segment financial information are highly subjective and, unlike financial accounting, are not based on authoritative guidance similar to U.S. GAAP. As a result, reportable segments and the financial information of the reported segments are not necessarily comparable with similar information reported by other financial institutions. Furthermore, the information presented is not indicative of how the segments would perform if they operated as independent entities. The chief operating decision maker for each of the segments is the President and Chief Executive Officer of the Corporation. For the Corporate and Commercial Specialty and Community, Consumer and Business segments, the chief operating decision maker utilizes net interest income, net income and average total loans and deposits in allocating resources for each segment predominantly in the annual budget and forecasting process. The chief operating decision maker considers budget-to-actual variances on a monthly basis for both profit measures when making decisions about allocating capital and personnel to the segments. Based on the reviews of these two segments and other company-wide initiatives, the chief operating decision maker is informed about allocation of resources to the Risk Management and Shared Services segment.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accumulated Other Comprehensive Income (Loss) (Tables) |
3 Months Ended | 6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2026 |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Summary of activity in accumulated other comprehensive income (loss) |
|
The following table summarizes the components of accumulated other comprehensive income (loss) at June 30, 2026 and 2025, including changes during the preceding six and three month periods as well as any reclassifications out of accumulated other comprehensive income (loss):
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Combinations - Consideration and Narrative (Details) - American National [Member] $ / shares in Units, $ in Thousands |
Apr. 01, 2026
USD ($)
$ / shares
shares
|
|---|---|
| Business Combination, Consideration Transferred, Equity Interest [Line Items] | |
| Effective Date of Acquisition | Apr. 01, 2026 |
| Business Combination, Name of Acquiree | American National |
| Business Combination, Control Obtained, Description | Pursuant to the Merger Agreement, (i) American National merged with and into Associated Banc-Corp, with Associated Banc-Corp continuing as the surviving corporation, and (ii) immediately following such merger, American National Bank, a national banking association and wholly owned subsidiary of American National, merged with and into the Bank, with the Bank continuing as the surviving bank. |
| Business Combination, Voting Equity Interest Acquired, Percentage | 100.00% |
| Business Combination, Description of Acquiree | American National operated 33 branches across Nebraska, Minnesota and Iowa, with a concentration in the Greater Omaha and Minneapolis / St. Paul metro markets. |
| Business Combination, Reason for Business Combination | As a result of the acquisition, the Corporation increased its deposit market share and will deliver its products and services to an expanded client base across attractive Midwest markets. |
| Business Combination, Consideration Transferred, Equity Interest | $ | $ 594,100 |
| Business Combination, Price Per Share | $ / shares | $ 25.86 |
| Business Acquisition Equity Consideration Per Share Conversion Ratio | 36.250 |
| Stock Issued During Period, Shares, Acquisitions | 22,975,382 |
Business Combinations - Pro Forma (Details) - American National [Member] - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Business Combination, Pro Forma Information [Line Items] | ||||
| Business Combination, Pro Forma Information, Pro Forma Revenue | $ 447,151 | $ 415,810 | $ 881,852 | $ 807,328 |
| Business Combination, Pro Forma Information, Pro Forma Income (Loss), after Tax | $ 141,691 | $ 120,532 | 263,217 | $ 212,961 |
| Business Combination, Separately Recognized Transaction, Acquisition-Related Cost, Expensed | $ 25,500 | |||
Earnings Per Common Share (Details Textuals) - shares shares in Millions |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Share-Based Payment Arrangement, Option [Member] | ||||
| Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ||||
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 1.4 | 1.2 | ||
Investment Securities Gain/Loss Sale of Securities (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Investments, Debt and Equity Securities [Abstract] | ||||
| Equity Securities, FV-NI | $ 35 | $ 7 | $ 10 | $ 11 |
| Debt Securities, Realized Gain (Loss) | 35 | 7 | 6 | 11 |
| Gross losses on HTM securities | $ 0 | $ 0 | $ (4) | $ 0 |
Loans, Modified, Subsequent Default (Details) - Residential Mortgage [Member] $ in Thousands |
6 Months Ended |
|---|---|
|
Jun. 30, 2026
USD ($)
| |
| Interest Rate Below Market Reduction [Member] | |
| Financing Receivable, Modified, Subsequent Default [Line Items] | |
| Financing Receivable, Modified, Subsequent Default | $ 0 |
| Extended Maturity [Member] | |
| Financing Receivable, Modified, Subsequent Default [Line Items] | |
| Financing Receivable, Modified, Subsequent Default | 0 |
| Extended Maturity and Interest Rate Reduction [Member] | |
| Financing Receivable, Modified, Subsequent Default [Line Items] | |
| Financing Receivable, Modified, Subsequent Default | $ 303 |
Loans Narrative (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | |||
|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
Dec. 31, 2025 |
|
| Loans Information [Line Items] | |||||
| Interest Receivable | $ 181,916 | $ 181,916 | $ 161,118 | ||
| Financing Receivable, Accrued Interest, Writeoff | 400 | $ 500 | 800 | $ 1,100 | |
| Mortgage Loans in Process of Foreclosure, Amount | 19,400 | 19,400 | 20,100 | ||
| Loans and Finance Receivables [Member] | |||||
| Loans Information [Line Items] | |||||
| Interest Receivable | $ 135,400 | $ 135,400 | $ 117,600 | ||
Goodwill and Other Intangible Assets, Summary of Core Deposit and Other Intangibles (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | 12 Months Ended | ||
|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
Dec. 31, 2025 |
|
| Summary of core deposit intangibles and other intangibles | |||||
| Amortization of Intangible Assets | $ 6,894 | $ 2,203 | $ 9,096 | $ 4,405 | |
| Core Deposits [Member] | |||||
| Summary of core deposit intangibles and other intangibles | |||||
| Finite-Lived Core Deposits, Gross | 88,109 | 88,109 | $ 88,109 | ||
| Additions during the period | 103,200 | ||||
| Finite-Lived Intangible Assets, Accumulated Amortization | (74,356) | (74,356) | (65,260) | ||
| Finite-Lived Intangible Assets, Net, Total | $ 116,953 | 116,953 | 22,849 | ||
| Amortization of Intangible Assets | $ 9,096 | $ 8,811 | |||
Goodwill and Other Intangible Assets, Mortgage Servicing Rights Roll-Forward (Details) - USD ($) $ in Thousands |
6 Months Ended | 12 Months Ended |
|---|---|---|
Jun. 30, 2026 |
Dec. 31, 2025 |
|
| Summary of Changes in MSR [Line Items] | ||
| Servicing Asset at Fair Value, Amount, Beginning Balance | $ 86,337 | $ 87,683 |
| Servicing Asset at Fair Value, Additions | 6,159 | 8,716 |
| Servicing Asset at Fair Value, Disposals | (4,899) | (8,621) |
| Servicing Asset at Fair Value, Other Changes in Fair Value | 86 | (1,441) |
| Servicing Asset at Fair Value, Amount, Ending Balance | 87,683 | 86,337 |
| Portfolio Of Residential Mortgage Loans Serviced For Others | $ 6,160,254 | $ 6,191,012 |
| Mortgage Servicing Rights Net To Servicing Portfolio | 1.42% | 1.39% |
Goodwill and Other Intangible Assets (Details Textuals) - USD ($) $ in Thousands |
2 Months Ended | 6 Months Ended | |||
|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2026 |
Jun. 30, 2025 |
Apr. 01, 2026 |
Dec. 31, 2025 |
|
| Goodwill [Line Items] | |||||
| Goodwill, Impaired, Facts and Circumstances Leading to Impairment | no | ||||
| Goodwill, Impairment Loss | $ 0 | $ 0 | |||
| Goodwill | $ 1,147,081 | $ 1,147,081 | $ 42,100 | $ 1,104,992 | |
| American National [Member] | |||||
| Goodwill [Line Items] | |||||
| Goodwill | $ 42,089 | ||||
Short and Long-Term Funding (Remaining Contractual Maturity of the Securities Sold Under Agreements to Repurchase) (Details) - USD ($) $ in Thousands |
Jun. 30, 2026 |
Dec. 31, 2025 |
|---|---|---|
| Mortgage-Backed Security, Issued by US Government-Sponsored Enterprise [Member] | Maturity Overnight and on Demand [Member] | ||
| Assets Sold under Agreements to Repurchase [Line Items] | ||
| Financial Assets Sold under Agreements to Repurchase, Gross Including Not Subject to Master Netting Arrangement | $ 55,371 | $ 47,794 |
Derivative and Hedging Activities, Cash Flow Hedge Included in AOCI (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Cash Flow Hedge Impacts on AOCI [Line Items] | ||||
| Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax | $ (6,506) | $ 1,264 | $ (14,418) | $ 8,532 |
| Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax | $ (597) | $ 1,437 | $ (1,343) | $ 2,555 |
Derivative and Hedging Activities (Details Textuals) - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | 12 Months Ended | |
|---|---|---|---|---|
Mar. 31, 2020 |
Jun. 30, 2026 |
Sep. 30, 2026 |
Dec. 31, 2025 |
|
| Derivative Instruments and Hedging Activities Disclosures [Line Items] | ||||
| Additional Collateral, Aggregate Fair Value | $ 73.8 | $ 79.4 | ||
| Derivative collateral right to reclaim cash | 3.5 | $ 11.8 | ||
| Derivative Liability Notional Amount, Terminated | $ 500.0 | |||
| Underlying Hedged Asset, Amortized Cost Basis | $ 151.4 | |||
| Cash Flow Hedge Gain (Loss) to be Reclassified within 12 Months | $ 3.1 | |||
| Maximum Length of Time Hedged in Cash Flow Hedge | 41 months | |||
| Designated as Hedging Instrument | ||||
| Derivative Instruments and Hedging Activities Disclosures [Line Items] | ||||
| Deferred (Gain) Loss on Discontinuation of Fair Value Hedge | $ 0.7 |
Commitment, Changes in the Allowance for Unfunded Commitments (Details) - USD ($) $ in Thousands |
6 Months Ended | 12 Months Ended |
|---|---|---|
Jun. 30, 2026 |
Dec. 31, 2025 |
|
| Off-Balance Sheet, Credit Loss, Liability [Roll Forward] | ||
| Off-Balance-Sheet, Credit Loss, Liability, Beginning Balance | $ 41,276 | $ 38,776 |
| Off-Balance-Sheet, Credit Loss, Liability, Credit Loss Expense (Reversal) | 4,000 | 2,500 |
| Off-Balance-Sheet, Credit Loss, Liability, Acquired with Credit Deterioration | 3,597 | |
| Off-Balance-Sheet, Credit Loss, Liability, Acquired during period | 1,871 | |
| Off-Balance-Sheet, Credit Loss, Liability, Ending Balance | $ 50,744 | $ 41,276 |
Fair Value Measurements Equity Securities Roll Forward (Details) - Fair Value, Inputs, Level 3 - USD ($) $ in Thousands |
12 Months Ended | |
|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|
| Equity Securities without Readily Determinable Fair Value [Line Items] | ||
| Equity Securities, FV-NI | $ 0 | $ 72 |
| Payments to Acquire Equity Securities, FV-NI | 14 | |
| Proceeds from Sale of Equity Securities, FV-NI | $ 23 |
Fair Value Measurements, Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis (Details) - Fair Value, Nonrecurring [Member] - USD ($) $ in Thousands |
Jun. 30, 2026 |
Dec. 31, 2025 |
|---|---|---|
| Fair Value, Inputs, Level 2 | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Other Real Estate | $ 1,397 | $ 770 |
| Fair Value, Inputs, Level 3 | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Financing Receivable, Individually Evaluated for Impairment | $ 48,296 | $ 18,659 |
Retirement Plans (Details Textuals) (Details) - Pension Plan [Member] - USD ($) $ in Millions |
6 Months Ended | |
|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | ||
| Defined Benefit Plan, Description | The Corporation has a noncontributory defined benefit RAP, covering substantially all employees who meet participation requirements. The benefit allocations are based primarily on years of service and the employee’s compensation paid. Employees of acquired entities generally participate in the RAP after consummation of the business combinations. As part of acquisition-related integration activities, employees who become eligible for participation in the RAP are generally provided service credit for their employment with the acquired institution for eligibility and vesting purposes. | |
| Defined Benefit Plan, Plan Assets, Contributions by Employer | $ 0 | $ 0 |
Segment Reporting (Details Textuals) - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Risk Management and Shared Services [Member] | ||||
| Segment Reporting Information [Line Items] | ||||
| A portion of total depreciation Equipment expense | $ 6.0 | $ 6.0 | $ 11.9 | $ 14.0 |
| Corporate and Commercial Specialty [Member] | ||||
| Segment Reporting Information [Line Items] | ||||
| A portion of total depreciation Technology expense | 0.2 | 0.1 | 0.3 | 0.1 |
| Community, Consumer and Business [Member] | ||||
| Segment Reporting Information [Line Items] | ||||
| A portion of total depreciation Occupancy expense | $ 6.3 | $ 5.9 | $ 12.5 | $ 11.8 |
Subsequent Events (Details) - USD ($) $ in Thousands |
Jun. 30, 2026 |
Dec. 31, 2025 |
|---|---|---|
| Business Combination, Recognized Liability Assumed, Liability [Abstract] | ||
| Deposits | $ 39,931,255 | $ 35,552,608 |
| Business Combination, Recognized Asset Acquired, Asset [Abstract] | ||
| Assets | $ 51,812,506 | $ 45,202,596 |
| Label | Element | Value |
|---|---|---|
| Common Stock [Member] | ||
| Business Combination, Consideration Transferred, Equity Interest, Share Issued, Number of Shares | us-gaap_BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued | 22,975,382 |
| BusinessAcquisitionEquityInterestIssuedOrIssuableExchangeRatio | asb_BusinessAcquisitionEquityInterestIssuedOrIssuableExchangeRatio | $ 36.25 |
| Share Price | us-gaap_SharePrice | $ 25.86 |
#@JX_3'.A>1M
M9 6O=&B#N9J)6D1$O\#C^%*58WJ!,NRT&H%<^$,EEA2
MU19P]9 .
M_!&+I#Q0)^2 (&Y_*8/($!E"8#0B;GX1NC4G-EN8*X&$CHU9[<;&"J"V*#!
MPOY;6%QW_XX'$V!K<6=<)57.HVS&' 6Q_/J=$_Y\#89+F7+Q,+H3Z=>I&%K
MK$AC@_6-VP_B=F<\=!X\U8+D]5M,/^!V-YQ<.Y\]/* $6X8C4.X9E)0&+=<0
ML%4]TA"=-01/L-L$6Y=;3T,N_( +3)P_6T/F/7#QZQ,+;-(1Y*%-$VPYBV"I
MM^G&$]PTP9:D2$?TUA%$X0W8*ATE %MHR+7OV3,EP0-"L,4X F'&(*309;E&
M@"T DD;HI!&( A6P14<*YHL4JB"O X/QI@'R33/V5@E\AU3TP\.Q=,@
MM4AP^2&V+J\O/A:GDEW8G4%[/4NV(./6P7&K42E5EHAYYT3C<_'M.U4M(J Z
M^P54&R&@BK*5[9U/=,(PGIS-X,=1&(D?Q'B*M81H#_;Y4DWSQJHD=R=54E$E
M6BT$R[YN!XA:!20@"I563/>BIIY3?!S$+^QTV"""KYG;)10?YS=;ODOUX+AR
M6'E?G J%0PFNCH,O7(]
M"H'A2&Z[6M%@";PVN]5V9;V@>ZRHT"6G'"9Q)M(+6 6Q]"[M./\;9?;5XX[[
M")C"+D/PP(<^)W2L%K&-TVK;U2>0D''=F'&=4_VV&M?%1U]2G&)5NVP7:(''
MMZ[/$A2-.-_J0(*!E>NRI9&,$%=&E'? U8(,M:HZ>)AE:IBW9!4DI@@HV\AS
M>!^\LCCA[;1CUIU$(]L\
MB0<"B0%6!V%$5(P( 1&SU:8.B\)"9(MG[T 8J=D?>:!5V]@*[/S=E*L?/^U/
M78I/EH.9_*][ZMBY_JV LCHF@;&'R=1=P \%#_TN3;R3S;LP8=03RG+/K;2:NN6
M+6L%C;7);2P 1+95\!X"(VK-5<>'6#-VZK%UV37R,W\$ ?IEJ=^/4=AEK)S4A.N!]V137.'Z^&<4DS$;3*5EF/'6(_=A05Y\'=:!\.K7X:^U_&'
MU#WJR((/:$GY$5'T?Y&;A>38/6/+)%4HVQ6RS4S'6F K3-HJJC9!C1I0J,-EF[7%!K9QA6I0@,LY:XI-+)U
M[ZE" RS3O4;KF1^]7L0B'G8]^]9WG
""^QB+@C_Z'U8\0C/>#_"G-%!P@GF J?N.*&@<@5H,5";0%C28Q5P<)
MM,4,(TW,];:;:,@#[,B$! ;,E2$MP$ !X0ID8BZH$#(UCOI,S+4;0J;.H1WF
MRDSWD3DNZ[M\X 0]<_/K$ IN4!'UT [:P1;C4VWACBF_ %J=(2?16$DP1#MAZ'24!6ZC(M>_9
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MMH0$5! @
H9C/[@V$#\S^O97<0Z
M"QX$W"-_?%03L[#7:6XMG>8?UY?WYV=&[[Y[?]Y#]-Z]\],?=Y?WE^<]HWM]
M9IS_]^FW[O4?Y\;IS??OE[W>Y
FT*\WVA_.<*:YSBKZ^*'@:
M(@;SY793XU]QX(2V8ZDXS!\H;^PLPEE=&CPPS_E?]?LO4*"8UP1>'MX=]@Z-
M\]'8]5]XH&;L-=Z,:__P%RC\W@8L8(X$),W-!N0LA4P4,N5J&=/QTUW;#N1R
MJ.0_5^)^YM1'=PZ.Z[6:\9V)[*$7!9Q'V0=$KQ/_W?G"0$X-;M&E+L
M5##@SXF]-H05>AHZXB_!S%1ML]0#T1Q]DHE5%^._B2E_,:M]I4:S^*^1+%KP
MY5O[UL^2,6:!\^D':;Y@/!J; B#W[PLH1-41'%\MMU;@F;YTN\+,
M0HY]K^"&!+WN' 1)]**0L'$[$+3RKV_?]*20INKZ=63U#C.$G*(@H9>$JHG
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M!K "#J8#9;JWMU>7I]V3JW/CYOKJG[)W[NG-W>W-7??^W+CL]7ZVV+W\79O S-D3J;6EXE7H=!> UC&$B;
M^Y?/!5.O'1S?2UMD^ /C5-IK=4 6>V\?5AN/3XR1W*TT^8LLS%53M0SO9NI=
M*VD%XDNAU<)6&QO?4LBJ/E<9'
MM'SBS>Z!,])_C^UHJ!D3VFDL4\>FQ9:Z0W,?<;7WDQI,(O15PPT'?M/\AO;#
M* LJ2QTO^+&<24[&PS[WCQ=W%AAX&K/_D%+W=D;<;RPIXE6CU7;5NCK(D>U0
MO]*Q3897.WZSU;8*FEH?)SGGLE3PJ4-E)A#'\(]^./1#[F.Y+$6\$3W\"