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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Interest income:    
Interest and fees on loans $ 242.1 $ 252.1
Interest and dividends on investment securities:    
Taxable 51.3 64.5
Exempt from federal taxes 0.7 0.7
Other Interest and Dividend Income 2.9 3.3
Interest on deposits in banks 6.3 4.1
Total interest income 303.3 324.7
Interest expense:    
Interest on deposits 75.1 79.1
Interest on securities sold under repurchase agreements 1.2 2.3
Interest Expense, Other Short-term Borrowings 17.5 35.6
Interest on long-term debt 1.7 4.3
Interest on subordinated debentures held by subsidiary trusts 2.8 3.3
Interest Expense, Operating 98.3 124.6
Net interest income 205.0 200.1
Provision for Loan, Lease, and Other Losses 20.0 5.3
Net interest income after provision for credit losses 185.0 194.8
Noninterest income:    
Payment Services Revenues 17.1 18.4
Mortgage banking revenues 1.4 1.7
Wealth management revenues 9.8 9.2
Service Charges on Deposit Accounts 6.6 6.0
Non-interest income 2.3 2.2
Other income 4.8 4.6
Total noninterest income 42.0 42.1
Noninterest expense:    
Salaries and wages 68.6 65.2
Employee benefits 20.0 19.3
Outsourced technology services 14.2 13.6
Occupancy, net 13.7 12.3
Furniture and equipment 5.0 5.0
OREO expense, net 0.5 2.0
Professional fees 5.5 6.8
FDIC insurance premiums 4.3 7.4
Other intangibles amortization 3.4 3.7
Other expenses 25.4 24.9
Noninterest Expense 160.6 160.2
Income before income tax 66.4 76.7
Provision for income tax 16.2 18.3
Net income $ 50.2 $ 58.4
Earnings per common share, basic (in dollars per share) $ 0.49 $ 0.57
Earnings per common share, diluted (in dollars per share) $ 0.49 $ 0.57
Weighted average common shares outstanding, basic (in shares) 103,092,225 102,844,397
Weighted average common shares outstanding, diluted (in shares) 103,415,987 103,040,034