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Consolidated Statement of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Interest income    
Loans and leases, including fees $ 1,849,656 $ 870,600
Investment securities    
Fully taxable 181,587 39,132
Exempt from federal taxes 16,611 50
Deposits at banks 278,417 18,280
Other 714 194
Total interest income 2,326,985 928,256
Interest expense    
Savings and interest-checking deposits 277,068 6,747
Time deposits 89,197 1,397
Short-term borrowings 57,776 1
Long-term borrowings 84,680 15,937
Total interest expense 508,721 24,082
Net interest income 1,818,264 904,174
Provision for credit losses 120,000 10,000
Net interest income after provision for credit losses 1,698,264 894,174
Other income    
Brokerage services income 24,041 20,190
Trading account and other non-hedging derivative gains 11,675 5,369
Gain (loss) on bank investment securities (416) (743)
Other revenues from operations 159,500 136,203
Total other income 587,133 540,887
Other expense    
Salaries and employee benefits 807,942 577,520
Equipment and net occupancy 126,904 85,812
Outside data processing and software 105,780 79,719
FDIC assessments 29,758 15,576
Advertising and marketing 31,063 16,024
Printing, postage and supplies 14,183 10,150
Amortization of core deposit and other intangible assets 17,208 1,256
Other costs of operations 226,392 173,684
Total other expense 1,359,230 959,741
Income before taxes 926,167 475,320
Income taxes 224,543 113,146
Net income 701,624 362,174
Net income available to common shareholders    
Basic 675,508 339,589
Diluted $ 675,511 $ 339,590
Net income per common share    
Basic $ 4.03 $ 2.63
Diluted $ 4.01 $ 2.62
Average common shares outstanding    
Basic 167,732 128,945
Diluted 168,410 129,416
Mortgage Banking Revenues [Member]    
Other income    
Revenue from contract with customer $ 84,985 $ 109,148
Service Charges on Deposit Accounts [Member]    
Other income    
Revenue from contract with customer 113,546 101,507
Trust Income [Member]    
Other income    
Revenue from contract with customer $ 193,802 $ 169,213