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Consolidated Balance Sheets (Unaudited)
3 Months Ended 6 Months Ended
Jun. 30, 2026
USD ($)
$ / shares
Jun. 30, 2026
USD ($)
$ / shares
Dec. 31, 2025
USD ($)
Assets      
Cash and due from banks $ 251,971,000 $ 251,971,000 $ 229,770,000
Interest-earning deposits with banks 749,255,000 749,255,000 542,132,000
Securities      
Trading 4,835,000 4,835,000 4,720,000
Equity 21,602,000 21,602,000 21,581,000
Debt Securities, Available-for-Sale, Excluding Accrued Interest 2,075,972,000 2,075,972,000 2,004,247,000
Held to maturity (fair value $1,117,644 and $1,190,733) 1,210,310,000 1,210,310,000 1,279,027,000
Total securities 3,312,719,000 3,312,719,000 3,309,575,000
Loans held for sale (at fair value) 21,982,000 21,982,000 35,909,000
Loans      
Total loans 18,394,327,000 [1],[2] 18,394,327,000 [1],[2] 18,503,777,000 [1],[2]
Less: allowance for credit losses (195,899,000) [3] (195,899,000) [3] (189,877,000)
Net loans 18,198,428,000 18,198,428,000 18,313,900,000
Federal Home Loan Bank stock 13,631,000 13,631,000 21,835,000
Bank premises and equipment, net 217,877,000 217,877,000 218,190,000
Goodwill 1,090,610,000 1,090,610,000 1,090,610,000
Other intangible assets 119,896,000 119,896,000 133,576,000
Cash surrender value of life insurance policies 381,230,000 381,230,000 378,576,000
Other assets 616,295,000 616,295,000 638,823,000
Total assets 24,973,894,000 24,973,894,000 24,912,896,000
Deposits      
Non-interest-bearing demand deposits 5,709,647,000 5,709,647,000 5,600,955,000
Savings and interest checking accounts 6,503,521,000 6,503,521,000 6,482,970,000
Money market 4,929,495,000 4,929,495,000 4,774,645,000
Time certificates of deposit 3,249,455,000 3,249,455,000 3,268,220,000
Total deposits 20,392,118,000 20,392,118,000 20,126,790,000
Borrowings      
Federal Home Loan Bank and other borrowings 216,719,000 216,719,000 416,549,000
Long-Term Line of Credit 124,984,000 124,984,000 49,953,000
Junior Subordinated Notes 62,864,000 62,864,000 62,862,000
Subordinated Debt 296,898,000 296,898,000 296,483,000
Total borrowings 701,465,000 701,465,000 825,847,000
Other liabilities 367,948,000 367,948,000 394,531,000
Total liabilities 21,461,531,000 21,461,531,000 21,347,168,000
Commitments and contingencies 0 0 0
Stockholders’ equity      
Preferred stock, $0.01 par value, authorized: 1,000,000 shares, outstanding: none 0 0 0
Common stock, $0.01 par value, authorized: 75,000,000 shares, issued and outstanding: 47,618,626 shares at June 30, 2026 and 49,243,813 shares at December 31, 2025 (includes 283,135 and 254,359 shares of unvested participating restricted stock awards, respectively) 473,000 473,000 490,000
Value of shares held in rabbi trust at cost: 73,303 shares at June 30, 2026 and 75,247 shares at December 31, 2025 (3,508,000) (3,508,000) (3,452,000)
Deferred compensation and other retirement benefit obligations 3,508,000 3,508,000 3,452,000
Additional paid in capital 2,201,250,000 2,201,250,000 2,335,879,000
Retained earnings 1,369,306,000 1,369,306,000 1,269,113,000
Accumulated other comprehensive loss, net of tax (58,666,000) (58,666,000) (39,754,000)
Total stockholders’ equity 3,512,363,000 3,512,363,000 3,565,728,000
Total liabilities and stockholders’ equity $ 24,973,894,000 $ 24,973,894,000 24,912,896,000
Common Stock, Dividends, Per Share, Cash Paid | $ / shares $ 0.64 $ 1.28  
Commercial And Industrial [Member]      
Loans      
Total loans $ 4,730,827,000 [1],[2],[4] $ 4,730,827,000 [1],[2],[4] 4,611,789,000 [1],[2],[4]
Less: allowance for credit losses (56,880,000) [3] (56,880,000) [3] (47,976,000)
Commercial Real Estate [Member]      
Loans      
Total loans 7,944,099,000 [1],[2],[4] 7,944,099,000 [1],[2],[4] 8,275,408,000 [1],[2],[4]
Less: allowance for credit losses (78,879,000) [3] (78,879,000) [3] (84,916,000)
Construction Loans [Member]      
Loans      
Total loans 1,464,449,000 [1],[2] 1,464,449,000 [1],[2] 1,399,193,000 [1],[2]
Less: allowance for credit losses (13,871,000) [3] (13,871,000) [3] (14,254,000)
Residential Real Estate [Member]      
Loans      
Total loans 2,870,277,000 [1],[2] 2,870,277,000 [1],[2] 2,873,443,000 [1],[2]
Less: allowance for credit losses (31,543,000) [3] (31,543,000) [3] (29,254,000)
Home Equity Loan [Member]      
Loans      
Total loans 1,342,797,000 [1],[2] 1,342,797,000 [1],[2] 1,297,662,000 [1],[2]
Less: allowance for credit losses (13,562,000) [3] (13,562,000) [3] (12,376,000)
Consumer Portfolio Segment [Member]      
Loans      
Total loans 41,878,000 [2],[5] 41,878,000 [2],[5] 46,282,000 [2],[5]
Less: allowance for credit losses $ (1,164,000) [3] $ (1,164,000) [3] $ (1,101,000)
[1]
(2)Loan origination dates in the tables above reflect the original origination date, or the date of a material modification of a previously originated loan.
[2] The amount of net deferred fees/costs on originated loans included in the ending balance was $9.6 million and $7.7 million at June 30, 2026 and December 31, 2025, respectively. Net unamortized discounts on acquired loans included in the ending balance were $143.5 million and $157.0 million at June 30, 2026 and December 31, 2025, respectively.
[3] Balances of accrued interest receivable excluded from amortized cost and the calculation of allowance for credit losses amounted to $68.3 million and $54.5 million as of June 30, 2026 and June 30, 2025, respectively.
[4]
[5] Other consumer portfolio is inclusive of deposit account overdrafts recorded as loan balances. (2)The amount of net deferred fees/costs on originated loans included in the ending balance was $9.6 million and $7.7 million at June 30, 2026 and December 31, 2025, respectively. Net unamortized discounts on acquired loans included in the ending balance were $143.5 million and $157.0 million at June 30, 2026 and December 31, 2025, respectively.