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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:      
Interest and fees on loans $ 1,022.2 $ 979.7 $ 790.2
Interest and dividends on investment securities:      
Taxable 243.5 269.1 213.9
Exempt from federal taxes 2.8 3.2 3.9
Interest on deposits in banks 22.2 15.7 8.7
Total interest income 1,302.5 1,280.1 1,021.5
Interest expense:      
Interest on deposits 325.9 242.6 48.3
Interest on securities sold under repurchase agreements 6.7 6.4 2.5
Interest on other borrowed funds 123.4 133.8 15.3
Interest on long-term debt 11.8 5.8 6.0
Interest on subordinated debentures held by subsidiary trusts 13.1 12.7 6.8
Total interest expense 480.9 401.3 78.9
Net interest income 821.6 878.8 942.6
Provision for credit losses 67.8 32.2 82.7
Net interest income after provision for credit losses 753.8 846.6 859.9
Payment Services Revenues 73.6 76.4 74.1
Noninterest income:      
Revenue from Contract with Customer, Excluding Assessed Tax 9.0 9.5 15.5
Fees and Commissions, Mortgage Banking and Servicing 6.6 8.4 18.7
Investment Banking, Advisory, Brokerage, and Underwriting Fees and Commissions 38.8 35.3 34.3
Service Charges on Deposit Accounts 25.7 23.0 24.6
Investment securities losses, net 0.0 (23.5) (24.4)
Other income 24.4 17.9 20.4
Total noninterest income 178.1 147.0 163.2
Noninterest expense:      
Salaries and wages 270.9 263.1 282.1
Employee benefits 76.4 75.3 77.5
Information Technology and Data Processing 56.2 59.0 54.3
Occupancy, Net 48.7 48.0 44.0
Equipment Expense 20.7 22.1 23.4
OREO expense, net 4.1 1.5 2.3
Professional fees 21.6 19.1 19.1
FDIC insurance premiums 24.0 31.5 14.0
Other intangibles amortization 14.6 15.7 15.9
Other expenses 100.2 121.5 114.5
Acquisition related expenses 0.0 0.0 118.9
Total noninterest expense 637.4 656.8 766.0
Income before income tax 294.5 336.8 257.1
Provision for income tax 68.5 79.3 54.9
Net income $ 226.0 $ 257.5 $ 202.2
Basic earnings per common share (in dollars per share) $ 2.19 $ 2.48 $ 1.96
Diluted earnings per common share (in dollars per share) $ 2.19 $ 2.48 $ 1.96
Other Interest and Dividend Income $ 11.8 $ 12.4 $ 4.8