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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Interest Income      
Loans and leases, including fees $ 1,985.0 $ 1,754.0 $ 1,117.0
Securities:      
Taxable 196.0 150.0 117.0
Tax-exempt 28.0 28.0 27.0
Other 43.0 41.0 24.0
Total Interest Income 2,252.0 1,973.0 1,285.0
Interest Expense      
Deposits 754.0 495.0 108.0
Short-term borrowings 99.0 78.0 25.0
Long-term borrowings 119.0 83.0 32.0
Total Interest Expense 972.0 656.0 165.0
Net Interest Income 1,280.0 1,317.0 1,120.0
Provision for credit losses 79.8 71.8 64.0
Net Interest Income After Provision for Credit Losses 1,200.0 1,245.0 1,056.0
Non-Interest Income      
Service charges 91.0 82.0 86.0
Interchange and card transaction fees 52.0 52.0 51.0
Trust services 46.0 43.0 39.0
Insurance commissions and fees 22.0 23.0 24.0
Securities commissions and fees 31.0 28.0 24.0
Capital markets income 24.0 27.0 35.0
Mortgage banking operations 27.0 21.0 21.0
Dividends on non-marketable equity securities 25.0 21.0 12.0
Bank owned life insurance 17.0 12.0 12.0
Net securities gains (losses) (34.0) (67.0) 0.0
Other 15.0 12.0 19.0
Total Non-Interest Income 316.0 254.0 323.0
Non-Interest Expense      
Salaries and employee benefits 504.0 462.0 426.0
Net occupancy 79.0 70.0 68.0
Equipment 98.0 91.0 76.0
Outside services 96.0 84.0 73.0
Marketing 21.0 17.0 16.0
FDIC insurance 41.0 61.0 20.0
Bank shares and franchise taxes 14.0 14.0 14.0
Other 108.0 116.0 133.0
Total Non-Interest Expense 961.0 915.0 826.0
Income Before Income Taxes 555.0 584.0 553.0
Income taxes 90.0 99.0 114.0
Net Income 465.0 485.0 439.0
Preferred stock dividends 6.0 8.0 8.0
Net Income Available to Common Shareholders 459.0 477.0 431.0
Net Income Available to Common Shareholders $ 459.0 $ 477.0 $ 431.0
Earnings per Common Share      
Basic (USD per share) $ 1.27 $ 1.32 $ 1.23
Diluted (USD per share) $ 1.27 $ 1.31 $ 1.22