Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting

Schedule of information about the General Banking Unit

	Three Months Ended
	March 31,
(Dollars in thousands)	2025		2024
Net Income (GAAP)
Interest income	$	808,566	$	517,255
Interest expense		264,019		173,319
Net interest income (a)		544,547		343,936
Provision for credit losses		100,562		12,686
Net interest income after provision for credit losses		443,985		331,250
Total noninterest income
Securities losses, net		(228,811)		—
Gain on sale-leaseback, net of transaction costs		229,279		—
Other operating noninterest income		85,620		71,558
Total noninterest income		86,088		71,558
Total noninterest expense
Employee salaries		135,728		105,415
Employee commissions		11,276		10,240
Employee incentives		28,766		21,753
Other salaries and benefits		36,965		28,077
Deferred loan costs		(16,924)		(15,032)
Salaries and employee benefits		195,811		150,453
Occupancy expense		35,493		22,577
Information services expense		31,362		22,353
Professional fees		4,709		3,115
Amortization of intangibles		23,831		5,998
Business development and staff related		6,510		5,521
FDIC assessment and other regulatory charges		11,258		8,534
Merger and branch consolidation related expense		68,006		4,513
FDIC special assessment		—		3,854
Other operating expense		31,846		22,372
Total noninterest expense		408,826		249,290
Income before income tax provision		121,247		153,518
Income tax provision		32,167		38,462
Net income (GAAP)	$	89,080	$	115,056
Net Interest Margin, Non-Tax Equivalent ("Non-TE") (GAAP)
Average interest earning assets (b)	$	57,497,453	$	40,657,176
Net interest margin, non-TE ((a)/(b)) (GAAP)		3.84%		3.40%