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Consolidated Statements of Earnings - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Interest income:      
Loans and leases $ 1,501,534 $ 1,496,357 $ 1,312,580
Investment securities 140,794 174,996 209,751
Deposits in financial institutions 170,377 299,647 34,158
Total interest income 1,812,705 1,971,000 1,556,489
Interest expense:      
Deposits 715,984 748,423 200,449
Borrowings 104,398 416,744 25,645
Subordinated debt 66,273 58,705 39,633
Total interest expense 886,655 1,223,872 265,727
Net interest income 926,050 747,128 1,290,762
Provision for credit losses 42,801 52,000 24,500
Net interest income after provision for credit losses 883,249 695,128 1,266,262
Noninterest income:      
Other commissions and fees 33,258 38,086 43,635
Leased equipment income 51,109 63,167 50,586
Service charges on deposit accounts 18,583 16,468 13,991
Gain (loss) on sale of loans and leases 645 (161,346) 518
Loss on sale of securities (60,400) (442,413) (50,321)
Dividends and gains (losses) on equity investments 7,982 15,731 (3,389)
Warrant income (loss) 408 (718) 2,490
LOCOM HFS Adjustment 215 (8,461) 0
Other income 25,345 31,201 17,317
Total noninterest income (loss) 77,145 (448,285) 74,827
Noninterest expense:      
Compensation 341,396 332,353 406,839
Occupancy 67,993 61,668 60,964
Leased equipment depreciation 29,271 34,243 35,658
Insurance and assessments 70,779 135,666 25,486
Other professional services 20,857 24,623 30,278
Customer related expense 129,471 124,104 55,273
Intangible asset amortization 33,143 11,419 13,576
Loan expense 17,306 20,458 24,572
Acquisition, integration and reorganization costs (14,183) 142,633 5,703
Goodwill impairment 0 1,376,736 29,000
Other expense 35,289 142,473 40,376
Total noninterest expense 791,740 2,458,181 773,521
Earnings (loss) before income taxes 168,654 (2,211,338) 567,568
Income tax expense (benefit) (41,766) 312,201 (143,955)
Net earnings (loss) $ 126,888 $ (1,899,137) $ 423,613
Basic income per share (usd per share) $ 0.52 $ (22.71) $ 5.14
Diluted income per share (usd per share) $ 0.52 $ (22.71) $ 5.14
Preferred Stock Dividends, Income Statement Impact $ 39,788 $ 39,788 $ 19,339
Net Income (Loss) Available to Common Stockholders, Diluted 87,100 (1,938,925) 404,274
Net Income (Loss) Available to Common Stockholders, Basic 87,100 (1,938,925) 404,274
Information Technology and Data Processing $ 60,418 $ 51,805 $ 45,796