Segment Reporting (Tables)

6 Months Ended

Jun. 30, 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:

	June 30, 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	43,908,431		477,234		13,499,277		24,029,328		81,914,270
	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 June 30, 2025
(In thousands)	Commercial Banking		Healthcare Financial Services		Consumer Banking		Totals
Net interest income	$	318,518	$	97,625	$	212,672	$	628,815
Non-interest income	30,628		28,687		24,591		83,906
Total segment revenues	349,146		126,312		237,263		712,721
Reconciliation of revenue:
Corporate and reconciling							3,118
Total consolidated revenues							715,839
Less:
Compensation and benefits	50,807		24,171		37,285
Occupancy (1)	—		—		13,835
Technology and equipment (1)	2,336		7,524		2,917
Marketing	—		—		2,043
Other segment items (1) (2) (3)	55,229		23,758		66,964
Segment pre-tax, pre-provision net revenue	240,774		70,859		114,219		425,852
Reconciliation of pre-tax, pre-provision net revenue:
Corporate and reconciling							(55,727)
Total consolidated pre-tax, pre-provision net revenue							370,125
Total consolidated provision for credit losses							46,500
Total consolidated income before income taxes							323,625

(1)Occupancy and Technology and equipment include, in aggregate, $0.1 million of depreciation expense for Commercial Banking, $1.5 million for Healthcare Financial Services, and $2.4 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 $2.7 million for Commercial Banking, $3.4 million for Healthcare Financial Services, and $1.8 million for Consumer Banking.

	Three months ended June 30, 2024
(In thousands)	Commercial Banking		Healthcare Financial Services		Consumer Banking		Totals
Net interest income	$	337,588	$	91,664	$	202,679	$	631,931
Non-interest income	34,510		27,465		24,392		86,367
Total segment revenues	372,098		119,129		227,071		718,298
Reconciliation of revenue:
Corporate and reconciling							(103,703)
Total consolidated revenues							614,595
Less:
Compensation and benefits	49,904		22,915		36,526
Occupancy (1)	—		—		13,683
Technology and equipment (1)	2,051		8,092		2,331
Marketing	—		—		1,714
Other segment items (1) (2) (3)	52,633		20,260		61,651
Segment pre-tax, pre-provision net revenue	267,510		67,862		111,166		446,538
Reconciliation of pre-tax, pre-provision net revenue:
Corporate and reconciling							(157,964)
Total consolidated pre-tax, pre-provision net revenue							288,574
Total consolidated provision for credit losses							59,000
Total consolidated income before income taxes							229,574

(1)Occupancy and Technology and equipment include, in aggregate, $0.1 million 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 $1.7 million for Commercial Banking, $3.6 million for Healthcare Financial Services, and $2.1 million for Consumer Banking.

	Six months ended June 30, 2025
(In thousands)	Commercial Banking		Healthcare Financial Services		Consumer Banking		Totals
Net interest income	$	637,641	$	193,986	$	414,736	$	1,246,363
Non-interest income	59,586		58,077		50,795		168,458
Total segment revenues	697,227		252,063		465,531		1,414,821
Reconciliation of revenue:
Corporate and reconciling							5,816
Total consolidated revenues							1,420,637
Less:
Compensation and benefits	102,916		47,508		74,569
Occupancy (1)	—		—		28,183
Technology and equipment (1)	4,447		16,288		5,966
Marketing	—		—		4,025
Other segment items (1) (2) (3)	107,591		47,377		132,957
Segment pre-tax, pre-provision net revenue	482,273		140,890		219,831		842,994
Reconciliation of pre-tax, pre-provision net revenue:
Corporate and reconciling							(111,715)
Total consolidated pre-tax, pre-provision net revenue							731,279
Total consolidated provision for credit losses							124,000
Total consolidated income before income taxes							607,279

(1)Occupancy and Technology and equipment include, in aggregate, $0.1 million of depreciation expense for Commercial Banking, $2.9 million for Healthcare Financial Services, and $5.0 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 $5.5 million for Commercial Banking, $6.9 million for Healthcare Financial Services, and $3.6 million for Consumer Banking.

	Six months ended June 30, 2024
(In thousands)	Commercial Banking		Healthcare Financial Services		Consumer Banking		Totals
Net interest income	$	679,530	$	177,802	$	408,456	$	1,265,788
Non-interest income	68,790		58,526		58,370		185,686
Total segment revenues	748,320		236,328		466,826		1,451,474
Reconciliation of revenue:
Corporate and reconciling							(169,787)
Total consolidated revenues							1,281,687
Less:
Compensation and benefits	100,662		44,277		73,421
Occupancy (1)	—		—		28,221
Technology and equipment (1)	4,009		16,098		4,759
Marketing	—		—		3,561
Other segment items (1) (2) (3)	106,142		43,019		126,064
Segment pre-tax, pre-provision net revenue	537,507		132,934		230,800		901,241
Reconciliation of pre-tax, pre-provision net revenue:
Corporate and reconciling							(281,498)
Total consolidated pre-tax, pre-provision net revenue							619,743
Total consolidated provision for credit losses							104,500
Total consolidated income before income taxes							515,243

(1)Occupancy and Technology and equipment include, in aggregate, $0.1 million of depreciation expense for Commercial Banking, $2.6 million for Healthcare Financial Services, and $4.6 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 $4.7 million for Commercial Banking, $6.3 million for Healthcare Financial Services, and $4.3 million for Consumer Banking.