Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Summary of Balance Sheet Information by Segment

The following table presents certain balance sheet financial information for the Company’s reportable segments:

	March 31, 2025
(In thousands)	Commercial Banking		Healthcare Financial Services		Consumer Banking		Corporate and Reconciling		Consolidated Total
Goodwill	$	1,960,363	$	285,670	$	622,035	$	—	$	2,868,068
Total assets	43,207,484		481,222		13,296,178		23,294,866		80,279,750
	December 31, 2024
(In thousands)	Commercial Banking		Healthcare Financial Services		Consumer Banking		Corporate and Reconciling		Consolidated Total
Goodwill (1)	$	1,960,363	$	285,670	$	622,035	$	—	$	2,868,068
Total assets	43,010,580		488,194		12,932,260		22,594,039		79,025,073

(1)The allocation of the purchase price and goodwill calculation for the Ametros acquisition was considered final at December 31, 2024. The $228.2 million of goodwill recorded related to Ametros was allocated entirely to Healthcare Financial Services.

The following tables present certain income statement information for the Company’s reportable segments:

	Three months ended March 31, 2025
(In thousands)	Commercial Banking		Healthcare Financial Services		Consumer Banking		Totals
Net interest income	$	319,123	$	96,361	$	202,064	$	617,548
Non-interest income	28,958		29,390		26,204		84,552
Total segment revenues	348,081		125,751		228,268		702,100
Reconciliation of revenue:
Corporate and reconciling							2,698
Total consolidated revenues							704,798
Less:
Compensation and benefits	52,109		23,337		37,284
Occupancy (1)	—		—		14,348
Technology and equipment (1)	2,111		8,764		3,049
Marketing	—		—		1,982
Other segment items (1) (2) (3)	52,362		23,619		65,993
Segment pre-tax, pre-provision net revenue	241,499		70,031		105,612		417,142
Reconciliation of pre-tax, pre-provision net revenue:
Corporate and reconciling							(55,988)
Total consolidated pre-tax, pre-provision net revenue							361,154
Total consolidated provision for credit losses							77,500
Total consolidated income before income taxes							283,654

(1)Occupancy and Technology and equipment include, in aggregate, an insignificant amount of depreciation expense for Commercial Banking, $1.5 million for Healthcare Financial Services, and $2.5 million for Consumer Banking.

(2)Other segment items for each reportable segment includes:

•Commercial Banking--occupancy, marketing, outside professional services, loan workout expense, foreclosed property expense, other non-interest expense, allocated net operating costs, and allocated total support costs.

•Healthcare Financial Services--occupancy, marketing, outside professional services, other non-interest expense, allocated net operating costs, and allocated total support costs.

•Consumer Banking--outside professional services, loan workout expense, foreclosed property expense, other-non interest expense, allocated net operating costs, and allocated total support costs.

(3)Intangible assets amortization, which is a component of other non-interest expense presented in other segment items, was $2.8 million for Commercial Banking, $3.5 million for Healthcare Financial Services, and $1.8 million for Consumer Banking.

	Three months ended March 31, 2024
(In thousands)	Commercial Banking		Healthcare Financial Services		Consumer Banking		Totals
Net interest income	$	341,942	$	86,138	$	205,777	$	633,857
Non-interest income	34,280		31,061		33,978		99,319
Total segment revenues	376,222		117,199		239,755		733,176
Reconciliation of revenue:
Corporate and reconciling							(66,084)
Total consolidated revenues							667,092
Less:
Compensation and benefits	50,758		21,362		36,895
Occupancy (1)	—		—		14,538
Technology and equipment (1)	1,958		8,006		2,428
Marketing	—		—		1,847
Other segment items (1) (2) (3)	53,509		22,759		64,413
Segment pre-tax, pre-provision net revenue	269,997		65,072		119,634		454,703
Reconciliation of pre-tax, pre-provision net revenue:
Corporate and reconciling							(123,534)
Total consolidated pre-tax, pre-provision net revenue							331,169
Total consolidated provision for credit losses							45,500
Total consolidated income before income taxes							285,669

(1)Occupancy and Technology and equipment include, in aggregate, an insignificant amount of depreciation expense for Commercial Banking, $1.3 million for Healthcare Financial Services, and $2.3 million for Consumer Banking.

(2)Other segment items for each reportable segment includes:

•Commercial Banking--occupancy, marketing, outside professional services, loan workout expense, foreclosed property expense, other non-interest expense, allocated net operating costs, and allocated total support costs.

•Healthcare Financial Services--occupancy, marketing, outside professional services, other non-interest expense, allocated net operating costs, and allocated total support costs.

•Consumer Banking--outside professional services, loan workout expense, foreclosed property expense, other-non interest expense, allocated net operating costs, and allocated total support costs.

(3)Intangible assets amortization, which is a component of other non-interest expense presented in other segment items, was $3.0 million for Commercial Banking, $2.6 million for Healthcare Financial Services, and $2.2 million for Consumer Banking.