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Condensed Consolidated Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Interest income:      
Loans and leases $ 349,943 $ 359,268 $ 346,103
Investment securities 41,873 39,557 37,862
Deposits in financial institutions 15,626 18,123 22,690
Total interest income 407,442 416,948 406,655
Interest expense:      
Deposits 120,233 129,896 140,530
Borrowings 20,177 19,858 18,421
Subordinated debt 15,415 15,832 15,340
Total interest expense 155,825 165,586 174,291
Net interest income 251,617 251,362 232,364
Provision for credit losses 9,800 12,500 9,300
Net interest income after provision for credit losses 241,817 238,862 223,064
Noninterest income:      
Leased equipment income 8,530 16,381 10,784
Commissions and fees 10,980 9,524 9,958
Service charges on deposit accounts 4,978 5,038 4,543
Gain on sale of loans and leases 7 18 211
Dividends and gains on equity investments 2,002 3,492 2,323
Warrant income (loss) 938 361 (295)
LOCOM HFS adjustment 3   0
Other income 7,893 6,757 6,126
Total noninterest income 35,328 41,571 33,650
Noninterest expense:      
Compensation 91,100 85,862 86,417
Customer related expense 23,737 24,870 27,751
Occupancy 14,892 14,726 15,010
Information technology and data processing 14,339 13,751 15,099
Insurance and assessments 6,764 7,070 7,283
Intangible asset amortization 6,348 6,788 7,160
Leased equipment depreciation 5,304 6,202 6,741
Other professional services 4,236 6,774 4,513
Loan expense 4,292 4,445 2,930
Other expense 10,379 10,156 10,749
Total noninterest expense 181,391 180,644 183,653
Earnings before income taxes 95,754 99,789 73,061
Information technology and data processing 23,802 22,398 19,493
Net earnings 71,952 77,391 53,568
Preferred stock dividends 9,947 9,947 9,947
Net earnings available to common and equivalent stockholders, basic 62,005 67,444 43,621
Net earnings available to common and equivalent stockholders, diluted $ 62,005 $ 67,444 $ 43,621
Earnings (loss) per share:      
Basic (usd per share) $ 0.40 [1] $ 0.43 $ 0.26 [1]
Diluted (usd per share) $ 0.39 [2] $ 0.42 $ 0.26 [2]
[1] Basic earnings per share is using the two-class method.
[2] Diluted earnings per share is using the treasury method.