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Consolidated Statements of Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Interest Income        
Interest and fees on LHFS & LHFI $ 206,425 $ 213,095 $ 405,670 $ 419,187
Interest on securities:        
Taxable 26,269 17,929 52,325 33,563
Tax exempt 0 1 0 4
Other interest income 4,734 8,126 8,580 16,237
Total Interest Income 237,428 239,151 466,575 468,991
Interest Expense        
Interest on deposits 68,177 83,681 135,895 167,397
Interest on federal funds purchased and securities sold under repurchase agreements 4,513 5,663 8,811 11,254
Other interest expense 5,982 8,778 11,058 16,481
Total Interest Expense 78,672 98,122 155,764 195,132
Net Interest Income 158,756 141,029 310,811 273,859
PCL, off-balance sheet credit exposures (670) (3,600) (3,501) (3,792)
Net Interest Income After PCL 154,080 121,300 300,841 246,614
Noninterest Income (Loss)        
Service charges on deposit accounts 10,585 10,924 21,221 21,882
Bank card and other fees 8,754 9,225 16,418 16,653
Mortgage banking, net 8,602 4,204 17,373 13,119
Wealth management 9,638 9,692 19,181 18,644
Other, net 2,311 7,461 8,281 10,563
Securities gains (losses), net 0 (182,792) 0 (182,792)
Total Noninterest Income (loss) 39,890 (141,286) 82,474 (101,931)
Noninterest Expense        
Salaries and employee benefits 68,298 64,838 136,790 130,325
Services and fees 26,998 24,743 53,245 49,174
Net occupancy - premises 7,507 7,265 14,892 14,535
Equipment expense 6,206 6,241 12,514 12,566
Other expense 16,105 15,239 31,684 31,390
Total Noninterest Expense 125,114 118,326 249,125 237,990
Income (Loss) From Continuing Operations Before Income Taxes 68,856 (138,312) 134,190 (93,307)
Income taxes from continuing operations 13,015 (37,707) 24,716 (30,875)
Income (Loss) From Continuing Operations 55,841 (100,605) 109,474 (62,432)
Income from discontinued operations before income taxes 0 232,640 0 237,152
Income taxes from discontinued operations 0 58,203 0 59,353
Income From Discontinued Operations 0 174,437 0 177,799
Net Income $ 55,841 $ 73,832 $ 109,474 $ 115,367
Earnings (Loss) Per Share (EPS)        
Basic EPS from continuing operations $ 0.92 $ (1.64) $ 1.81 $ (1.02)
Basic EPS from discontinued operations 0 2.85 0 2.91
Basic EPS [1] 0.92 1.21 1.81 1.89
Diluted EPS from continuing operations 0.92 (1.64) 1.8 (1.02)
Diluted EPS from discontinued operations 0 2.84 0 2.9
Diluted EPS [1] $ 0.92 $ 1.2 $ 1.8 $ 1.88
Loans Held for Investment [Member]        
Interest Expense        
PCL, LHFI $ 5,346 $ 14,696 $ 13,471 $ 22,404
1-4 Family Mortgage Loans [Member]        
Interest Expense        
PCL, LHFI $ 0 $ 8,633 $ 0 $ 8,633
[1] Due to rounding, earnings (loss) per share from continuing operations and discontinued operations may not sum to earnings per share from net income.