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Consolidated Statements of Income (Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
INTEREST INCOME      
Loans, including fees $ 1,063,206 $ 1,083,093 $ 989,196
Interest bearing balances due from banks and federal funds sold 14,140 11,808 13,490
Investment securities 165,452 216,433 206,918
Mortgage loans held for sale 799 731 557
Assets held in trading accounts 217 0 0
TOTAL INTEREST INCOME 1,243,814 1,312,065 1,210,161
INTEREST EXPENSE      
Deposits 475,908 600,240 472,919
Federal funds purchased and securities sold under agreements to repurchase 301 602 1,150
Other borrowings 23,422 55,127 60,517
Subordinated notes and debentures 24,980 27,631 25,449
TOTAL INTEREST EXPENSE 524,611 683,600 560,035
NET INTEREST INCOME 719,203 628,465 650,126
Provision for credit losses 65,824 46,785 42,028
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 653,379 581,680 608,098
NONINTEREST INCOME (LOSS)      
Bank owned life insurance income 15,867 15,227 11,717
Loss on sale of securities, net (801,492) (28,393) (20,609)
Other income 31,350 27,493 35,398
TOTAL NONINTEREST INCOME (LOSS) (615,970) 147,171 155,566
NONINTEREST EXPENSE      
Salaries and employee benefits 297,859 284,124 286,117
Occupancy expense, net 48,237 48,214 46,741
Furniture and equipment expense 21,518 22,047 20,741
Other real estate and foreclosure expense 1,046 700 892
Deposit insurance 20,219 23,938 29,986
Merger related costs 0 0 1,420
Other operating expenses 176,184 178,520 177,164
TOTAL NONINTEREST EXPENSE 565,063 557,543 563,061
INCOME (LOSS) BEFORE INCOME TAXES (527,654) 171,308 200,603
Provision for (benefit from) income taxes (130,101) 18,615 25,546
NET INCOME (LOSS) $ (397,553) $ 152,693 $ 175,057
BASIC EARNINGS PER SHARE (in dollars per share) $ (2.96) $ 1.22 $ 1.39
DILUTED EARNINGS PER SHARE (in dollars per share) $ (2.95) $ 1.21 $ 1.38
Service charges on deposit accounts      
NONINTEREST INCOME (LOSS)      
Non-interest income $ 50,937 $ 49,898 $ 50,530
Debit and credit card fees      
NONINTEREST INCOME (LOSS)      
Non-interest income 34,151 32,875 31,472
Wealth management fees      
NONINTEREST INCOME (LOSS)      
Non-interest income 39,395 36,341 32,730
Mortgage lending income      
NONINTEREST INCOME (LOSS)      
Non-interest income 8,191 8,077 7,733
Other service charges and fees      
NONINTEREST INCOME (LOSS)      
Non-interest income $ 5,631 $ 5,653 $ 6,595