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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Loan receivable $ 1,206,547 $ 1,217,166 $ 1,130,242
Investment securities 51,964 59,307 51,717
Federal Home Loan Bank stock 1,508 1,684 1,349
Deposits with banks 49,241 56,818 58,914
Total interest and dividend income 1,309,260 1,334,975 1,242,222
Interest Expense      
Time deposits 374,232 458,490 331,997
Other deposits 177,618 177,775 135,965
Advances from the Federal Home Loan Bank 6,248 14,283 22,164
Long-term debt 8,048 8,129 6,480
Short-term borrowings 654 2,243 3,870
Total interest expense 566,800 660,920 500,476
Net interest income before provision for credit losses 742,460 674,055 741,746
Provision for credit losses 72,631 37,500 25,978
Net interest income after provision for credit losses 669,829 636,555 715,768
Non-Interest Income      
Net gains/(losses) from equity securities 7,392 (7,516) 18,248
Net gains/(losses) from securities available for sale 0 1,107 (3,000)
Letters of credit commissions 8,799 7,749 6,716
Other operating income 27,980 23,695 22,390
Total non-interest income 75,432 55,664 68,292
Non-Interest Expense      
Salaries and employee benefits 177,427 167,376 154,149
Occupancy expense 23,657 23,281 22,270
Computer and equipment expense 23,234 20,135 17,478
Professional services expense 31,692 30,986 32,491
Data processing service expense 17,466 16,370 14,728
FDIC and State assessments 11,382 14,279 23,588
Marketing expense 6,003 6,520 5,887
Other real estate owned (income)/expense (1,152) 2,699 761
Amortization of investments in low-income housing and Alternative energy partnerships 43,614 72,633 86,616
Amortization of Intangible Assets 946 1,098 1,310
Acquisition, integration and reorganization costs 0 0 671
Other operating expense 20,794 19,300 20,529
Total non-interest expense 355,063 374,677 380,478
Income before income tax expense 390,198 317,542 403,582
Income tax expense 75,074 31,563 49,458
Net income 315,124 285,979 354,124
Other Comprehensive Income/(Loss), Net of Tax:      
Net holding gains on securities available-for-sale 31,207 583 18,642
Net holding losses on cash flow hedge derivatives 0 (774) (1,763)
Total other comprehensive income/(loss), net of tax 31,207 (191) 16,879
Total comprehensive income $ 346,331 $ 285,788 $ 371,003
Net Income Per Common Share      
Basic (in dollars per share) $ 4.55 $ 3.97 $ 4.88
Diluted (in dollars per share) 4.54 3.95 4.86
Common Stock, Dividends, Per Share, Cash Paid (in dollars per share) $ 1.36 $ 1.36 $ 1.36
Average Common Shares Outstanding:      
Basic (in shares) 69,184,832 72,068,850 72,573,025
Diluted (in shares) 69,451,260 72,327,017 72,862,628
Deposit Account [Member]      
Non-Interest Income      
Non-Interest Income $ 7,573 $ 6,574 $ 6,432
Asset Management [Member]      
Non-Interest Income      
Non-Interest Income $ 23,688 $ 24,055 $ 17,506