Document and Entity Information - USD ($) $ in Billions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Jan. 31, 2026 |
Jun. 30, 2025 |
|
| Document Information [Line Items] | |||
| Entity Registrant Name | HANCOCK WHITNEY CORPORATION | ||
| Entity Filer Category | Large Accelerated Filer | ||
| Entity Central Index Key | 0000750577 | ||
| Amendment Flag | false | ||
| Document Type | 10-K | ||
| Document Fiscal Period Focus | FY | ||
| Document Period End Date | Dec. 31, 2025 | ||
| Document Fiscal Year Focus | 2025 | ||
| Current Fiscal Year End Date | --12-31 | ||
| Entity Well-known Seasoned Issuer | Yes | ||
| Entity Current Reporting Status | Yes | ||
| Entity Voluntary Filers | No | ||
| Entity Common Stock, Shares Outstanding | 81,662,941 | ||
| Entity Public Float | $ 4.9 | ||
| Document Annual Report | true | ||
| Document Transition Report | false | ||
| Entity Shell Company | false | ||
| Entity Interactive Data Current | Yes | ||
| Entity Tax Identification Number | 64-0693170 | ||
| Entity File Number | 001-36872 | ||
| Entity Small Business | false | ||
| Entity Emerging Growth Company | false | ||
| Entity Incorporation, State or Country Code | MS | ||
| Entity Address, Address Line One | Hancock Whitney Plaza | ||
| Entity Address, Address Line Two | 2510 14th Street | ||
| Entity Address, City or Town | Gulfport | ||
| Entity Address, State or Province | MS | ||
| Entity Address, Postal Zip Code | 39501 | ||
| City Area Code | 228 | ||
| Local Phone Number | 868-4000 | ||
| ICFR Auditor Attestation Flag | true | ||
| Auditor Name | PricewaterhouseCoopers LLP | ||
| Auditor Firm ID | 238 | ||
| Auditor Location | New Orleans, LA | ||
| Documents Incorporated by Reference | Portions of the definitive proxy statement for our annual meeting of shareholders to be filed with the Securities and Exchange Commission (“SEC” or “the Commission”) are incorporated by reference into Part III of this Report. |
||
| Document Financial Statement Error Correction [Flag] | false | ||
| Auditor Opinion [Text Block] | Opinions on the Financial Statements and Internal Control over Financial Reporting
We have audited the accompanying consolidated balance sheets of Hancock Whitney Corporation and its subsidiaries (the “Company”) as of December 31, 2025 and 2024, and the related consolidated statements of income, of comprehensive income, of changes in stockholders’ equity and of cash flows for each of the three years in the period ended December 31, 2025, including the related notes (collectively referred to as the “consolidated financial statements”). We also have audited the Company’s internal control over financial reporting as of December 31, 2025, based on criteria established in Internal Control – Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO).
In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of the Company as of December 31, 2025 and 2024, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2025 in conformity with accounting principles generally accepted in the United States of America. Also in our opinion, the Company maintained, in all material respects, effective internal control over financial reporting as of December 31, 2025, based on criteria established in Internal Control - Integrated Framework (2013) issued by the COSO. |
||
| Common Stock, Par Value $3.33 Per Share [Member] | |||
| Document Information [Line Items] | |||
| Trading Symbol | HWC | ||
| Title of 12(b) Security | Common Stock, par value $3.33 per share | ||
| Security Exchange Name | NASDAQ | ||
| 6.25% Subordinated Notes [Member] | |||
| Document Information [Line Items] | |||
| Trading Symbol | HWCPZ | ||
| Title of 12(b) Security | 6.25% Subordinated Notes | ||
| Security Exchange Name | NASDAQ |
Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Statement of Financial Position [Abstract] | ||
| Securities available for sale, amortized cost | $ 6,341,322 | $ 5,774,133 |
| Securities held to maturity, fair value | 2,011,026 | 2,233,526 |
| Loans held-for-sale, fair value | 33,158 | 18,929 |
| Property and equipment, accumulated depreciation | 370,818 | 345,962 |
| Right of use assets, accumulated amortization | $ 73,527 | $ 67,063 |
| Preferred stock, par value per share | $ 20 | $ 20 |
| Common stock, par value per share | $ 3.33 | $ 3.33 |
Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Statement of Comprehensive Income [Abstract] | |||
| Net income | $ 486,073 | $ 460,815 | $ 392,602 |
| Other comprehensive income before income taxes: | |||
| Net change in unrealized gain (loss) on securities available for sale and cash flow hedges | 243,977 | (65,141) | 91,061 |
| Reclassification of net loss realized and included in earnings | 35,033 | 52,832 | 115,619 |
| Valuation adjustments to employee benefit plans | 17,231 | 28,191 | (13,325) |
| Amortization of unrealized net loss on securities transferred to held to maturity | 1,580 | 1,670 | 1,747 |
| Other comprehensive income before income taxes | 297,821 | 17,552 | 195,102 |
| Income tax expense | 67,980 | 2,517 | 44,047 |
| Other comprehensive income net of income taxes | 229,841 | 15,035 | 151,055 |
| Comprehensive income | $ 715,914 | $ 475,850 | $ 543,657 |
Consolidated Statements of Changes in Stockholders' Equity (Parenthetical) - $ / shares |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Statement of Stockholders' Equity [Abstract] | |||
| Cash dividends declared, per common share | $ 1.8 | $ 1.5 | $ 1.2 |
| Repurchase of common stock, shares | 4,306,200 | 762,993 | |
Cybersecurity Risk Management, Strategy and Governance |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Cybersecurity Risk Management, Strategy, and Governance [Line Items] | |
| Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block] | ITEM 1C. CYBERSECURITY Cybersecurity Risk Management and Strategy The Company’s information security program is designed to protect the security, availability, integrity, and confidentiality of our computer systems, networks, software and information assets, including client and other sensitive data. The program is comprised of policies, guidelines, and procedures. These policies, guidelines, and procedures are intended to align with regulatory guidance, the ISO Code of Practice for Information Security Controls, and common industry practices. Assessing, identifying and managing cybersecurity related risks are integrated into our overall enterprise risk management process. The Company expects each associate to be responsible for the security and confidentiality of client information. We communicate this responsibility to associates upon hiring and regularly throughout their employment. We require each associate to complete training to protect the confidentiality of client information at the time of hire and during each year of employment. Associates must successfully pass a test to demonstrate understanding of these requirements and provide acknowledgement of their responsibilities. Additionally, we regularly provide associates with information security awareness training covering the recognition and appropriate handling of potential phishing emails, which can introduce malware to a company’s network, result in the theft of user credentials and, ultimately, place client or employee data, or other sensitive company data, and information at risk. The Company employs a number of technical controls to mitigate the risk of phishing emails. We regularly test associates to determine their susceptibility to phishing emails. We require susceptible associates to take additional training and provide regular reports to management. We additionally maintain procedures for the safe storage and handling and secure disposal of sensitive information. The Company protects its network and information assets with industry-tested security products and processes. Our teams actively monitor company networks and systems to detect suspicious or malicious events. The Company evaluates potential cyber risks, as appropriate, in its regular risk assessments. The Company also conducts vulnerability scans, and contracts with third-party vendors to perform penetration tests against the Company’s network. In addition, the Company’s Cyber Defense Center team monitors threat intelligence sources to anticipate and research evolving threats, investigates their potential impact to financial services companies, examines the Company’s controls to detect and defend against those threats, and proactively adjusts the Company’s defenses against those threats. The Company also engages expert cyber consultants, as necessary and appropriate. Before engaging third-party service providers who may have access to the Company’s, customer, employee or other sensitive data, or to the Company’s systems, we perform due diligence in order to identify and evaluate their cyber risks, which includes self-attestation questionnaires (developed using Service Organization Controls (SOC) reports). This process is led by the Third-Party Risk Management team and includes participation of dedicated information security resources. Third-party service providers processing sensitive data are contractually required to meet applicable legal and regulatory obligations to protect sensitive data against cybersecurity threats and unauthorized access to the sensitive data. After contract executions, third-party service providers deemed critical by our Third-Party Risk Management team undergo ongoing monitoring to ensure they continue to meet their security obligations and other potential cybersecurity threats. As part of our information security program, we have adopted an Information and Cybersecurity Incident Response Plan (Incident Response Plan), which is administered by our Chief Information Security Officer (CISO) in close collaboration with our Director of Enterprise IT Risk. The Incident Response Plan describes the Company’s processes, procedures, and responsibilities for responding to cybersecurity incidents. The Incident Response Plan is intended to proceed on parallel paths in the event of a cybersecurity incident, including implementation of (i) forensic and containment, eradication, and remediation actions by information technology and security personnel and (ii) operational response actions by business, communications, and risk personnel. Our incident response team annually performs exercises to simulate responses to cybersecurity events. The Incident Response Plan includes procedures for timely escalation and reporting of potentially significant cybersecurity incidents to the Company’s Chief Operating Officer, Chief Financial Officer, Chief Risk Officer, our Board Risk Committee, law enforcement, government agencies and impacted parties, as needed. Impacts of Cybersecurity Incidents To date, the Company has no knowledge that we have experienced a cybersecurity incident or breach that has or is reasonably likely to have a material impact on our business strategy, results of operations, or financial condition. Despite our efforts, there can be no assurance that our cybersecurity risk management processes and measures described will be fully implemented, complied with, or effective in protecting our systems and information. We face risks from certain cybersecurity threats that, if realized, are reasonably likely to materially affect our business strategy, results of operations or financial condition. See Item 1A. “Risk Factors” in this document for further discussion of the risks associated with an interruption or breach in our information systems or infrastructure. Cybersecurity Governance Our Board of Directors is responsible for overseeing the Company’s business and affairs, including risks associated with cybersecurity threats. The Board oversees the Company’s corporate risk governance processes primarily through its committees, and oversight of cybersecurity threats is delegated primarily to our Board Risk Committee. The Board also periodically designates directors as its cybersecurity contact points. Our Chief Operating Officer facilitates the involvement of these designated directors in oversight of potentially significant cybersecurity incidents. The current directors designated as cybersecurity contacts are Chairman Jerry Levens, Board Risk Committee Chair Frank Bertucci, and Suzette Kent. The Risk Committee oversees the management process associated with cybersecurity risk. Cybersecurity matters and assessments are regularly included in Board Risk Committee meetings. The Board Risk Committee has primary responsibility for overseeing the Company’s comprehensive Enterprise Risk Management program. The Enterprise Risk Management program assists senior management in identifying, assessing, monitoring, and managing risk, including cybersecurity risk, in a rapidly changing environment. The Board Risk Committee provides reports to the full Board on the Company’s information security program on an annual basis. The Company’s CISO directs our information security program, supported by a team of dedicated security professionals that examine risks to the Company’s information systems and assets, design and implement security solutions, monitor the environment and provide immediate responses to threats. In this role, the CISO manages the Company’s information technology governance, risk, and compliance program, cybersecurity operations, business continuity, crisis management and supports the information security and technology risk oversight responsibilities of the Board and its committees. The CISO is a member of the Company’s Corporate Operations group and reports to our Chief Information Officer, who reports to our Head of Operations, Technology and Products, who in turn reports to our Chief Operating Officer. The CISO regularly attends Board Risk Committee meetings and sits in executive session with the Committee members at least annually to update committee members on material cybersecurity and other information security developments and risks. The CISO also provides an annual information security program summary report to the Board, outlining the overall status of our information security program and the Company’s compliance with regulatory guidelines. The IT Risk Governance Subcommittee, a management level subcommittee of our Operations Committee, also addresses information security and is responsible for overseeing the protection of the integrity, security, safety and resiliency of corporate information systems and assets. The IT Risk Governance Committee meets quarterly to review the development of the program and provide recommendations. The subcommittee provides regular reports to the Operations Committee and, ultimately, the Board Risk Committee through the CISO. Our CISO leads the Company’s IT Risk Governance Committee. Our Board of Directors oversees the Company’s use of Artificial Intelligence (AI). Management has established an AI Working Group, which includes representatives from Legal, Compliance, Risk, and Information Technology. This Working Group reports to the IT Risk Governance Committee and is responsible for the approval of AI use cases, ensuring alignment with our Company’s core values and for the evolving risks around AI. Our cybersecurity program tracks AI-driven threats while also leveraging AI tools to enhance our security posture. Our CISO has cybersecurity experience spanning more than two decades. Prior experience includes senior security roles in large government agencies and Fortune 200 companies. He has spoken at area colleges and various industry events about information security. He holds a degree in electrical engineering, is a graduate of banking school, and maintains several industry certifications. |
| Cybersecurity Risk Management Processes Integrated [Flag] | true |
| Cybersecurity Risk Management Processes Integrated [Text Block] | Cybersecurity Risk Management and Strategy The Company’s information security program is designed to protect the security, availability, integrity, and confidentiality of our computer systems, networks, software and information assets, including client and other sensitive data. The program is comprised of policies, guidelines, and procedures. These policies, guidelines, and procedures are intended to align with regulatory guidance, the ISO Code of Practice for Information Security Controls, and common industry practices. Assessing, identifying and managing cybersecurity related risks are integrated into our overall enterprise risk management process. The Company expects each associate to be responsible for the security and confidentiality of client information. We communicate this responsibility to associates upon hiring and regularly throughout their employment. We require each associate to complete training to protect the confidentiality of client information at the time of hire and during each year of employment. Associates must successfully pass a test to demonstrate understanding of these requirements and provide acknowledgement of their responsibilities. Additionally, we regularly provide associates with information security awareness training covering the recognition and appropriate handling of potential phishing emails, which can introduce malware to a company’s network, result in the theft of user credentials and, ultimately, place client or employee data, or other sensitive company data, and information at risk. The Company employs a number of technical controls to mitigate the risk of phishing emails. We regularly test associates to determine their susceptibility to phishing emails. We require susceptible associates to take additional training and provide regular reports to management. We additionally maintain procedures for the safe storage and handling and secure disposal of sensitive information. The Company protects its network and information assets with industry-tested security products and processes. Our teams actively monitor company networks and systems to detect suspicious or malicious events. The Company evaluates potential cyber risks, as appropriate, in its regular risk assessments. The Company also conducts vulnerability scans, and contracts with third-party vendors to perform penetration tests against the Company’s network. In addition, the Company’s Cyber Defense Center team monitors threat intelligence sources to anticipate and research evolving threats, investigates their potential impact to financial services companies, examines the Company’s controls to detect and defend against those threats, and proactively adjusts the Company’s defenses against those threats. The Company also engages expert cyber consultants, as necessary and appropriate. Before engaging third-party service providers who may have access to the Company’s, customer, employee or other sensitive data, or to the Company’s systems, we perform due diligence in order to identify and evaluate their cyber risks, which includes self-attestation questionnaires (developed using Service Organization Controls (SOC) reports). This process is led by the Third-Party Risk Management team and includes participation of dedicated information security resources. Third-party service providers processing sensitive data are contractually required to meet applicable legal and regulatory obligations to protect sensitive data against cybersecurity threats and unauthorized access to the sensitive data. After contract executions, third-party service providers deemed critical by our Third-Party Risk Management team undergo ongoing monitoring to ensure they continue to meet their security obligations and other potential cybersecurity threats. As part of our information security program, we have adopted an Information and Cybersecurity Incident Response Plan (Incident Response Plan), which is administered by our Chief Information Security Officer (CISO) in close collaboration with our Director of Enterprise IT Risk. The Incident Response Plan describes the Company’s processes, procedures, and responsibilities for responding to cybersecurity incidents. The Incident Response Plan is intended to proceed on parallel paths in the event of a cybersecurity incident, including implementation of (i) forensic and containment, eradication, and remediation actions by information technology and security personnel and (ii) operational response actions by business, communications, and risk personnel. Our incident response team annually performs exercises to simulate responses to cybersecurity events. The Incident Response Plan includes procedures for timely escalation and reporting of potentially significant cybersecurity incidents to the Company’s Chief Operating Officer, Chief Financial Officer, Chief Risk Officer, our Board Risk Committee, law enforcement, government agencies and impacted parties, as needed. |
| Cybersecurity Risk Management Third Party Engaged [Flag] | true |
| Cybersecurity Risk Third Party Oversight and Identification Processes [Flag] | true |
| Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag] | true |
| Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Text Block] | To date, the Company has no knowledge that we have experienced a cybersecurity incident or breach that has or is reasonably likely to have a material impact on our business strategy, results of operations, or financial condition. Despite our efforts, there can be no assurance that our cybersecurity risk management processes and measures described will be fully implemented, complied with, or effective in protecting our systems and information. We face risks from certain cybersecurity threats that, if realized, are reasonably likely to materially affect our business strategy, results of operations or financial condition. See Item 1A. “Risk Factors” in this document for further discussion of the risks associated with an interruption or breach in our information systems or infrastructure. |
| Cybersecurity Risk Board of Directors Oversight [Text Block] | Cybersecurity Governance Our Board of Directors is responsible for overseeing the Company’s business and affairs, including risks associated with cybersecurity threats. The Board oversees the Company’s corporate risk governance processes primarily through its committees, and oversight of cybersecurity threats is delegated primarily to our Board Risk Committee. The Board also periodically designates directors as its cybersecurity contact points. Our Chief Operating Officer facilitates the involvement of these designated directors in oversight of potentially significant cybersecurity incidents. The current directors designated as cybersecurity contacts are Chairman Jerry Levens, Board Risk Committee Chair Frank Bertucci, and Suzette Kent. The Risk Committee oversees the management process associated with cybersecurity risk. Cybersecurity matters and assessments are regularly included in Board Risk Committee meetings. The Board Risk Committee has primary responsibility for overseeing the Company’s comprehensive Enterprise Risk Management program. The Enterprise Risk Management program assists senior management in identifying, assessing, monitoring, and managing risk, including cybersecurity risk, in a rapidly changing environment. The Board Risk Committee provides reports to the full Board on the Company’s information security program on an annual basis. |
| Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block] | The Risk Committee oversees the management process associated with cybersecurity risk. Cybersecurity matters and assessments are regularly included in Board Risk Committee meetings. The Board Risk Committee has primary responsibility for overseeing the Company’s comprehensive Enterprise Risk Management program. The Enterprise Risk Management program assists senior management in identifying, assessing, monitoring, and managing risk, including cybersecurity risk, in a rapidly changing environment. |
| Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block] | The Board Risk Committee provides reports to the full Board on the Company’s information security program on an annual basis. |
| Cybersecurity Risk Role of Management [Text Block] | Our Board of Directors is responsible for overseeing the Company’s business and affairs, including risks associated with cybersecurity threats. The Board oversees the Company’s corporate risk governance processes primarily through its committees, and oversight of cybersecurity threats is delegated primarily to our Board Risk Committee. The Board also periodically designates directors as its cybersecurity contact points. Our Chief Operating Officer facilitates the involvement of these designated directors in oversight of potentially significant cybersecurity incidents. The current directors designated as cybersecurity contacts are Chairman Jerry Levens, Board Risk Committee Chair Frank Bertucci, and Suzette Kent. The Risk Committee oversees the management process associated with cybersecurity risk. Cybersecurity matters and assessments are regularly included in Board Risk Committee meetings. The Board Risk Committee has primary responsibility for overseeing the Company’s comprehensive Enterprise Risk Management program. The Enterprise Risk Management program assists senior management in identifying, assessing, monitoring, and managing risk, including cybersecurity risk, in a rapidly changing environment. The Board Risk Committee provides reports to the full Board on the Company’s information security program on an annual basis. The Company’s CISO directs our information security program, supported by a team of dedicated security professionals that examine risks to the Company’s information systems and assets, design and implement security solutions, monitor the environment and provide immediate responses to threats. In this role, the CISO manages the Company’s information technology governance, risk, and compliance program, cybersecurity operations, business continuity, crisis management and supports the information security and technology risk oversight responsibilities of the Board and its committees. The CISO is a member of the Company’s Corporate Operations group and reports to our Chief Information Officer, who reports to our Head of Operations, Technology and Products, who in turn reports to our Chief Operating Officer. The CISO regularly attends Board Risk Committee meetings and sits in executive session with the Committee members at least annually to update committee members on material cybersecurity and other information security developments and risks. The CISO also provides an annual information security program summary report to the Board, outlining the overall status of our information security program and the Company’s compliance with regulatory guidelines. The IT Risk Governance Subcommittee, a management level subcommittee of our Operations Committee, also addresses information security and is responsible for overseeing the protection of the integrity, security, safety and resiliency of corporate information systems and assets. The IT Risk Governance Committee meets quarterly to review the development of the program and provide recommendations. The subcommittee provides regular reports to the Operations Committee and, ultimately, the Board Risk Committee through the CISO. Our CISO leads the Company’s IT Risk Governance Committee. Our Board of Directors oversees the Company’s use of Artificial Intelligence (AI). Management has established an AI Working Group, which includes representatives from Legal, Compliance, Risk, and Information Technology. This Working Group reports to the IT Risk Governance Committee and is responsible for the approval of AI use cases, ensuring alignment with our Company’s core values and for the evolving risks around AI. Our cybersecurity program tracks AI-driven threats while also leveraging AI tools to enhance our security posture. Our CISO has cybersecurity experience spanning more than two decades. Prior experience includes senior security roles in large government agencies and Fortune 200 companies. He has spoken at area colleges and various industry events about information security. He holds a degree in electrical engineering, is a graduate of banking school, and maintains several industry certifications. |
| Cybersecurity Risk Management Positions or Committees Responsible [Flag] | true |
| Cybersecurity Risk Management Positions or Committees Responsible [Text Block] | The CISO regularly attends Board Risk Committee meetings and sits in executive session with the Committee members at least annually to update committee members on material cybersecurity and other information security developments and risks. The CISO also provides an annual information security program summary report to the Board, outlining the overall status of our information security program and the Company’s compliance with regulatory guidelines. |
| Cybersecurity Risk Management Expertise of Management Responsible [Text Block] | The IT Risk Governance Subcommittee, a management level subcommittee of our Operations Committee, also addresses information security and is responsible for overseeing the protection of the integrity, security, safety and resiliency of corporate information systems and assets. The IT Risk Governance Committee meets quarterly to review the development of the program and provide recommendations. The subcommittee provides regular reports to the Operations Committee and, ultimately, the Board Risk Committee through the CISO. Our CISO leads the Company’s IT Risk Governance Committee. Our Board of Directors oversees the Company’s use of Artificial Intelligence (AI). Management has established an AI Working Group, which includes representatives from Legal, Compliance, Risk, and Information Technology. This Working Group reports to the IT Risk Governance Committee and is responsible for the approval of AI use cases, ensuring alignment with our Company’s core values and for the evolving risks around AI. Our cybersecurity program tracks AI-driven threats while also leveraging AI tools to enhance our security posture. |
| Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag] | true |
Pay vs Performance Disclosure - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Pay vs Performance Disclosure | |||
| Net Income (Loss) | $ 486,073 | $ 460,815 | $ 392,602 |
Insider Trading Arrangements |
3 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Trading Arrangements, by Individual | |
| Rule 10b5-1 Arrangement Adopted | false |
| Non-Rule 10b5-1 Arrangement Adopted | false |
| Rule 10b5-1 Arrangement Terminated | false |
| Non-Rule 10b5-1 Arrangement Terminated | false |
| Non-Rule 10b5-1 Arrangement Modified | false |
| Rule 10b5-1 Arrangement Modified | false |
Insider Trading Policies and Procedures |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Insider Trading Policies and Procedures [Line Items] | |
| Insider Trading Policies and Procedures Adopted | true |
Summary of Significant Accounting Policies and Recent Accounting Pronouncements |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Accounting Policies [Abstract] | |
| Summary of Significant Accounting Policies and Recent Accounting Pronouncements | Note 1. Summary of Significant Accounting Policies and Recent Accounting Pronouncements DESCRIPTION OF BUSINESS Hancock Whitney Corporation (the “Company”) is a financial services company headquartered in Gulfport, Mississippi that is both a financial holding company and a bank holding company registered under the Bank Holding Company Act of 1956, as amended. The Company provides a comprehensive and fully integrated suite of financial choices to customers through its bank subsidiary, Hancock Whitney Bank (the “Bank”), a Mississippi state bank. The Bank offers a broad range of traditional and online banking services to commercial, small business and retail customers, providing a variety of transaction and savings deposit products, treasury management services, secured and unsecured loan products (including revolving credit facilities), and letters of credit and similar financial guarantees. The Bank also provides access to trust and investment management services to retirement plans, corporations and individuals, as well as investment advisory and brokerage products. In addition, the Company offers its customers access to fixed annuity and life insurance products and investment management and other services through its limited purpose broker-dealer subsidiary, Hancock Whitney Investment Services, Inc., a nonbank subsidiary of the holding company. The Company primarily operates across the Gulf South region, including southern and central Mississippi; southern and central Alabama; southern, central and northwest Louisiana; the northern, central, and panhandle regions of Florida; and certain areas of east and northeast Texas. In addition, the Company operates loan and deposit production offices in the metropolitan areas of Nashville, Tennessee and Atlanta, Georgia. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the U.S. (U.S. GAAP) and those generally practiced within the banking industry. Following is a summary of the more significant accounting policies. Basis of Presentation The consolidated financial statements include the accounts of the Company and all other entities in which the Company has a controlling interest. Variable interest entities for which the Company has been deemed the primary beneficiary are also consolidated. Significant intercompany transactions and balances have been eliminated in consolidation. Certain prior period amounts have been reclassified to conform to the current-period presentation. The presentation of our income tax effective rate reconciliation, as presented in Note 15 – Income Taxes, as well as income taxes paid on the face of the Consolidated Statement of Cash Flows has been modified from prior filings with the retroactive adoption of Accounting Standards Update (ASU) 2023-09. See further discussion of ASU 2023-09 in the Recent Accounting Pronouncement section later in this footnote. Use of Estimates The accounting principles the Company follows and the methods for applying these principles conform to U.S. GAAP and general practices followed by the banking industry. These accounting principles and practices require management to make estimates and assumptions about future events that affect the amounts reported in the consolidated financial statements and the accompanying notes. Actual results could differ from those estimates. Fair Value Accounting Fair value is generally defined as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in an orderly transaction between market participants at the measurement date under current market conditions. U.S. GAAP requires the use of fair values in determining the carrying values of certain assets and liabilities in the financial statements, as well as for specific disclosures about certain assets and liabilities. Accounting guidance establishes a fair value hierarchy that prioritizes the inputs to the valuation techniques used to measure fair value, giving preference to quoted prices in active markets (level 1) and the lowest priority to unobservable inputs such as a reporting entity’s own data or information or assumptions developed from this data (level 3). Level 2 inputs include quoted prices for similar assets or liabilities in active markets, quoted prices for identical assets or liabilities in markets that are not active, observable inputs other than quoted prices, such as interest rates and yield curves, and inputs that are derived principally from or corroborated by observable market data by correlation or other means.
Business Combinations Business combinations are accounted for under the purchase method of accounting. Purchased assets, including identifiable intangibles, and assumed liabilities are recorded at their respective acquisition date fair values. If the fair value of net assets purchased exceeds the consideration given, a bargain purchase gain is recognized. If the consideration given exceeds the fair value of the net assets received or if the fair value of the net liabilities assumed exceeds the consideration received, goodwill is recognized. Fair values are subject to refinement for up to one year after the closing date of an acquisition as information relative to closing date fair values becomes available. Acquisition costs are expensed as incurred. All identifiable intangible assets that are acquired in a business combination are recognized at the acquisition date fair value. Identifiable intangible assets are recognized separately if they arise from contractual or other legal rights or if they are separable (i.e., capable of being sold, transferred, licensed, rented, or exchanged separately from the entity). Cash and Due from Banks The Company considers only cash on hand, cash items in process of collection and noninterest-bearing balances due from financial institutions as cash and due from banks. Securities Securities are classified as trading, held to maturity or available for sale. Management determines the appropriate classification of debt and equity securities at the time of purchase and reevaluates this classification periodically as conditions change that could require reclassification. Available for sale securities are stated at fair value. Unrealized holding gains and unrealized holding losses are reported net of tax in other comprehensive income or loss and in accumulated other comprehensive income or loss (AOCI) until realized. Securities that the Company both positively intends and has the ability to hold to maturity are classified as securities held to maturity and are carried at amortized cost. The intent and ability to hold are not considered satisfied when a security is available to be sold in response to changes in interest rates, prepayment rates, liquidity needs or other reasons as part of an overall asset/liability management strategy. Premiums and discounts on securities, both those held to maturity and those available for sale, are amortized and accreted to income as an adjustment to the securities’ yields using the effective interest method. Realized gains and losses on the sale of securities are reported net as a component of noninterest income. The cost of securities sold is specifically identified for use in calculating realized gains and losses. Credit Losses on Securities At least quarterly, or more often when warranted, the Company performs an assessment of held to maturity debt securities for expected credit losses and available for sale debt securities for credit-related impairment, resulting in an allowance for credit losses, if applicable. The Company applies the practical expedient to exclude the accrued interest receivable balance from amortized cost basis of securities. The allowance for credit losses on held to maturity debt securities is estimated at the individual security level when there is a more than inconsequential risk of default. The assessment uses probability of default and loss given default models based on public ratings, where available, or mapped internally developed risk grades to public ratings and forecasted cash flows using the same economic forecasts and probability weighting as used for the Company’s evaluation of the loan portfolio. Qualitative adjustments to the output of the quantitative calculation are made when management deems it necessary to reflect differences in current and forecasted conditions as compared to those during the historical loss period used in model development. The Company evaluates credit impairment on available for sale debt securities at an individual security level. This evaluation is done for securities whose fair value is below amortized cost with a more than inconsequential risk of default and where the Company has assessed the decline in fair value is significant enough to suggest a credit event occurred. Credit events are generally assessed based on adverse conditions specifically related to the security, an industry, or geographic area, changes in the financial condition of the issuer of the security, or in the case of an asset-backed debt security, changes in the financial condition of the underlying loan obligors. The allowance for credit losses for such securities is measured using a discounted cash flow methodology, through which management compares the present value of expected cash flows with the amortized cost basis of the security. The allowance for credit loss is limited to the amount by which the fair value is less than the amortized cost basis. The Company records changes in the allowance for credit losses on securities with a corresponding adjustment recorded in the provision for credit losses. If the Company intends to sell the debt security, or more likely than not will be required to sell the security before recovery of its amortized cost basis, the security is charged down to fair value against the allowance for credit losses, with any incremental impairment reported in earnings. Loans Loans Held for Sale Residential mortgage loans originated for sale are classified as loans held for sale on the Consolidated Balance Sheets. The Company generally elects the fair value option on funded residential mortgage loans originated for sale that are associated with forward sales contracts. For mortgage loans for which the Company has elected the fair value option, gains and losses are included in noninterest income within secondary mortgage market operations. Held for sale loans also includes residential construction loans that are anticipated to be sold upon completion of the construction term. At times, management may originate other types of loans with the intent to sell or decide to sell loans that were not originated for that purpose. Such loans are reclassified as held for sale at the lower of cost or market when that decision is made. Loans Held for Investment Loans that the Company has the intent and ability to hold for the foreseeable future or until maturity or payoff are considered loans held for investment and reported as loans on the Consolidated Balance Sheets and in the related footnote disclosures. Loans held for investment include loans originated for investment and loans acquired in purchase transactions. Loans are reported at the principal balance outstanding net of unearned income. Interest on loans and accretion of unearned income, including net deferred loan fees and costs, are computed in a manner that approximates a level yield on recorded principal. Interest on loans is recognized in income as earned. The accrual of interest is discontinued (“nonaccrual status”) when, in management’s opinion, it is probable that the borrower will be unable to meet payment obligations as they become due, as well as when required by regulatory provisions. When accrual of interest is discontinued on a loan, all unpaid accrued interest is reversed and payments subsequently received are applied first to recover principal. Interest income is recognized for payments received after contractual principal has been satisfied. Loans are returned to accrual status when all the principal and interest contractually due are brought current and future payment performance is reasonably assured. Acquired Loans Acquired loans are segregated between those purchased with credit deterioration (PCD) and those that are not (non-PCD). Loans considered PCD include those individual loans (or groups of loans with similar risk characteristics) that, as of the date of acquisition, are assessed as having experienced a more-than-insignificant deterioration in credit quality since origination. The assessment of what is more-than-insignificant credit deterioration since origination considers information including, but not limited to, financial assets that are delinquent, on nonaccrual and/or otherwise adversely risk rated as of the acquisition date, those that have been downgraded since origination, and those for which, after origination, credit spreads have widened beyond the threshold specified in policy. For PCD loans, the Company bifurcates the fair value discount between the credit and noncredit components and the credit portion of the fair value discount is added to the initial amortized cost basis with a corresponding increase to the allowance for credit losses at the date of acquisition. Any noncredit discount or premium resulting from acquiring loans with credit deterioration is allocated to each individual asset. All non-PCD loans acquired are recorded at the estimated fair value of the loan at acquisition, with the estimated allowance for credit loss recorded as a provision for credit losses through earnings in the period in which the acquisition has occurred. The noncredit discount or premium for PCD loans and full discount for non-PCD loans will be accreted to interest income using the interest method based on the effective interest rate at the acquisition date. Modifications of Loans to Borrowers Experiencing Financial Difficulty As part of our loss mitigation efforts, we may provide modifications to borrowers experiencing financial difficulty to improve long-term collectability of the loans and to avoid the need for repossession or foreclosure of collateral. Accounting standards require monitoring and reporting of certain qualifying modifications, including renewals and refinancings where the borrowers are experiencing financial difficulty (MEFDs). Qualifying modifications are interest rate reductions, other-than-insignificant payment delays, term extensions, or any combination of these terms. Our MEFD policy generally considers six months or less to be the time frame that is considered insignificant for payment delays and/or term extensions. Multiple payment delays and/or term extensions to borrowers experiencing financial difficulty within a twelve-month period are evaluated collectively. Qualifying modified loans are subject to reporting requirements for the twelve-month period following the modification. MEFDs can continue to accrue interest, move to nonaccrual, remain on nonaccrual or return to accrual, depending on the individual facts and circumstances of the borrower. The Company has elected to evaluate these modified loans for credit loss consistent with policies for the non-modified portfolio, which includes individually evaluating for specific reserves all nonaccrual MEFDs over our existing materiality threshold and collectively evaluating credit loss for all other MEFDs, including those that continue to accrue interest. The credit loss methodology for MEFDs is the same as described in the Allowance for Credit Losses section that follows. Allowance for Credit Losses The allowance for credit losses (ACL) is comprised of the allowance for loan and lease losses (ALLL), a valuation account available to absorb losses on loans and leases held for investment, and the reserve for unfunded lending commitments, a liability established to absorb credit losses for the expected life of the contractual term of off-balance sheet exposures as of the date of the determination. Quarterly, management estimates losses in the portfolio and unfunded exposures based on a number of factors, including the Company’s past loan loss experience, known and potential risks in the portfolio, adverse situations that may affect the borrowers’ ability to repay, the estimated value of any underlying collateral, and current and forecasted economic conditions. The analysis and methodology for estimating the ACL includes two primary elements: a collective approach for pools of loans that have similar risk characteristics using a loss rate analysis, and a specific reserve analysis for credits individually evaluated for credit loss. For the collective approach, the Company segments loans into commercial non-real estate, commercial real estate – owner occupied, commercial real estate – income producing, construction and land development, residential mortgage and consumer, with further segmentation by region and sub-portfolio, as deemed appropriate. Both quantitative and qualitative factors are applied at the portfolio segment levels. The Company applies the practical expedient that permits the exclusion of the accrued interest receivable balance from amortized cost basis of financing receivables for all classes of loans as our nonaccrual policy results in the timely write-off of interest accrued but uncollected. For the collectively evaluated portfolios, the Company utilizes internally developed credit models and third-party economic forecasts to estimate expected credit losses over a reasonable and supportable forecast period for the majority of the portfolio and other methods, generally historical loss based, for select portfolios. The Company estimates a collective allowance for a two-year reasonable and supportable forecast period utilizing probability weighted multiple macroeconomic scenarios, and then reverts on a linear basis over four quarters to an average historical loss rate for the remaining term. The credit models consist primarily of multivariate regression and autoregressive models that correlate our historical net charge-off rates with select macroeconomic variables at a collective level. Forward-looking macroeconomic forecasts are applied as inputs to the credit models to predict quarterly collective net charge-off rates over the reasonable and supportable period. The net charge-off rates from the credit models for the reasonable and supportable period, the linear reversion rates, and the average historical loss rates for the post reasonable and supportable periods are applied to forecasted balance runoff for the estimated remaining term. The balance runoff incorporates prepayment assumptions developed from historical experience that are applied to the multiple macroeconomic forecasts. Forecasted net charge-off rates are also applied to forecasted draws and subsequent runoff of unfunded commitments in the estimate of the reserve for unfunded lending commitments. Qualitative adjustments to the output of quantitative estimates are made when management deems it necessary to reflect differences in current and forecasted conditions as compared to those during the historical loss period used in model development. Conditions to be considered include, but are not limited to, problem loan trends, current business and economic conditions, credit concentrations, lending policies and procedures, lending staff, collateral values, loan profiles and volumes, loan review quality, changes in competition and regulations, and other adjustments for model limitations or other variables not specifically captured. The Company establishes specific reserves using an individually evaluated approach for nonaccrual loans and any other financial instruments that are deemed to not share risk characteristics with other collectively evaluated financial assets. For loans individually evaluated, a specific allowance is recognized for any shortfall between the loan’s value and its recorded investment. The loan’s value is measured by either the loan’s observable market price, the fair value of the collateral of the loan (less liquidation costs) if it is collateral dependent, or by the present value of expected future cash flows discounted at the loan’s effective interest rate. The Company applies the practical expedient and defines collateral dependent loans as those where the borrower is experiencing financial difficulty and on which repayment is expected to be provided substantially through the operation or sale of the collateral. Loans individually analyzed are not incorporated into the collective analysis to avoid double counting. The Company limits the individually evaluated specific reserve analysis to include commercial and residential mortgage loans with relationship balances of $1 million or greater. It is the policy of the Company to promptly charge off all commercial and residential mortgage loans, or portions of loans, when available information reasonably confirms that they are wholly or partially uncollectible. Prior to recording a charge, the loan’s value is established based on an assessment of the value of the collateral securing the loan, the borrower’s and the guarantor’s ability and willingness to pay, and the status of the account in bankruptcy court, if applicable. Consumer loans are generally charged down when the loan is 120 days past due for most secured and unsecured loans and 150 days past due for consumer credit card loans, unless the loan is clearly both well secured and in the process of collection. Loans are charged down to the fair value of the collateral, if any, less estimated selling costs. Loans are charged off against the allowance for loan losses, with subsequent recoveries added back to the allowance. Property and Equipment Property and equipment are recorded at cost, less accumulated depreciation and amortization. Depreciation is charged to expense using the straight-line method over the estimated useful lives of the assets, which are up to 30 years for buildings and to ten years for most furniture and equipment. Amortization expense for software is generally charged over three years, or seven years for core systems. Leasehold improvements are amortized over the terms of the respective leases or the estimated useful lives of the improvements, whichever is shorter. The Company evaluates whether events and circumstances have occurred that indicate that such long-lived assets have been impaired. Measurement of any impairment of such long-lived assets is based on their fair values. Property and equipment used in operations is considered held for sale when certain criteria are met, including when management has committed to a plan to sell the asset, the asset is available for sale in its immediate condition, and the sale is probable within one year of the reporting date. Assets held for sale are reported at the lower of cost or fair value less costs to sell. Gains and losses related to retirement or disposition of property and equipment are recorded in the consolidated statements of income as realized, reflected in either other income under noninterest income or other expense under noninterest expense, depending on the nature of the item. Operating Leases The Company recognizes a liability representing the present value of future lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset over the lease term in the Consolidated Balance Sheets. The Company determines if an arrangement is a lease at inception of the contract and assesses the appropriate classification as finance or operating. Operating leases with terms greater than one year are included in right-of-use lease assets and lease obligations on the Company’s Consolidated Balance Sheets. The lease term includes payments to be made in optional or renewal periods only if the lessee is reasonably certain to exercise an option to extend the lease or not to exercise an option to terminate the lease. Operating lease right-of-use assets and lease liabilities are recognized at commencement date based on the present value of lease payments over the lease term using the interest rate implicit in the contract, when available, or the Company’s incremental collateralized borrowing rate with similar terms. Agreements with both lease and non-lease components are accounted for separately, with only the lease component capitalized. The right-of-use asset is the amount of the lease liability adjusted for prepaid or accrued lease payments, remaining balance of any lease incentives received, unamortized initial direct costs, and impairment. Lease expense is recorded on a straight-line basis over the lease term through amortization of the right-of-use asset plus implicit interest accreted on the operating lease liability obligation, and is reflected in net occupancy expense in the Consolidated Statements of Income. The Company evaluates whether events and circumstances have occurred that indicate right-of-use assets have been impaired. Measurement of any impairment of such assets is based on their fair values. Once a right-of-use asset for an operating lease is impaired, the carrying amount of the right-of-use asset is reduced through expense and the remaining balance is subsequently amortized on a straight-line basis. Certain of the Company’s leases contain variable components, such as annual changes to rent based on the consumer price index. Operating lease liabilities are not re-measured as a result of changes to variable components unless the lease must be re-measured for some other reason such as a renewal that was not reasonably certain of being exercised. Changes to the variable components are treated as variable lease payments and recognized in the period in which the obligation for those payments was incurred. As allowed in the transition guidance in Topic 842, "Leases," the Company elected to use the standard’s “package of practical expedients,” which allowed for the use of previous conclusions about lease identification, lease classification and the accounting treatment for initial direct costs. The Company also elected the short-term lease recognition exemption for all leases with lease terms of one year or less; as such, the Company does not recognize right-of-use assets or lease liabilities on the consolidated balance sheet for such leases. Other Real Estate and Foreclosed Assets Other real estate and foreclosed assets includes real property and other assets that have been acquired in satisfaction of loans and leases, as well as real property no longer used in the Bank’s business. These assets are recorded at the estimated fair value less the estimated cost of disposition and carried at the lower of either cost or market. Fair value is based on independent appraisals and other relevant factors. Any initial reduction in the carrying amount of a loan to the fair value of the collateral received less selling costs is charged to the allowance for loan losses. Each asset is revalued on an annual basis, or more often if market conditions necessitate. Subsequent losses on the periodic revaluation of these assets and gains or losses recognized on disposition are charged to current earnings, as are revenues from and costs of operating and maintaining real property; with the resulting net (income) expense reflected in noninterest expense in the Consolidated Statements of Income. Improvements made to real property are capitalized if the expenditures are expected to be recovered upon the sale of the property. Goodwill and Other Intangible Assets Goodwill represents the excess of consideration paid over the fair value of net assets acquired or the excess of the fair value liabilities assumed over consideration received in a business combination. Goodwill is not amortized but assessed for impairment on an annual basis, or more often if events or circumstances indicate there may be impairment. Accounting guidance permits the Company to first assess qualitative factors to determine if it is more likely than not that the fair value of a reporting unit exceeds its carrying value. If the Company determines it is more likely than not that the fair value exceeds book value, then a quantitative impairment test is not necessary. If the Company elects to bypass the qualitative assessment, or concludes that it is more likely than not that the fair value is less than the carrying value, a quantitative goodwill impairment test is performed. In addition, absent any triggering events, a quantitative impairment test will be performed every three years to ensure goodwill is periodically reviewed within a reasonable timeframe. The quantitative impairment test compares the estimated fair value of a reporting unit with its net book value. The Company has assigned all goodwill to one reporting unit that represents overall banking operations. The fair value of the reporting unit is based on valuation techniques that market participants would use in an acquisition of the whole unit, and may include analysis such as estimated discounted cash flows, the quoted market price of the Company’s stock adjusted for a control premium, and observable average price-to-earnings and price-to-book multiples of competitors. If the unit’s fair value is less than its carrying value, an estimate of the implied fair value of the goodwill is compared to the goodwill’s carrying value, and any impairment is recognized. Other identifiable intangible assets with finite lives, such as core deposit intangibles, customer lists and trade names, are initially recorded at fair value and are generally amortized over the periods benefited. These assets are evaluated for impairment in a similar manner to long-lived assets. Life Insurance Contracts Bank-owned life insurance contracts (BOLI) are comprised of long-term life insurance contracts on the lives of certain current and past employees where the insurance policy benefits and ownership are retained by the employer. Its cash surrender value is an asset that the Company uses to partially offset the future cost of employee benefits. The cash value accumulation on BOLI is permanently tax deferred if the policy is held to the insured person’s death and certain other conditions are met. Federal Home Loan Bank Stock As a member of the Federal Home Loan Bank (FHLB), the Company is required to purchase and hold shares of capital stock in the FHLB in an amount equal to a membership investment plus an activity-based investment determined according to the level of outstanding FHLB advances. The shares are recorded at amortized cost, which approximates fair value, and is reflected in Other Assets in the Consolidated Balance Sheets. Derivative Instruments and Hedging Activities The Company records all derivatives on the Consolidated Balance Sheets at fair value as components of other assets and other liabilities. The accounting for changes in the fair value of derivatives depends on the intended use of the derivative, whether the Company has elected to designate a derivative in a hedging relationship and apply hedge accounting and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. Derivatives designated and qualifying as a hedge of the exposure to changes in the fair value of an asset, liability, or firm commitment attributable to a particular risk, such as interest rate risk, are considered fair value hedges. Derivatives designated and qualifying as a hedge of the exposure to variability in expected future cash flows, or other types of forecasted transactions, are considered cash flow hedges. Hedge accounting generally provides for the matching of the timing of gain or loss recognition on the hedging instrument with the recognition of the changes in the fair value of the hedged asset or liability that are attributable to the hedged risk in a fair value hedge or the earnings effect of the hedged forecasted transactions in a cash flow hedge. For derivatives designated as hedging the exposure to changes in the fair value of an asset or liability (fair value hedge), the gain or loss is recognized in earnings in the period of the fair value change together with the offsetting loss or gain on the hedged item attributable to the risk being hedged. Derivatives designated as hedging exposure to variable cash flows of a forecasted transaction (cash flow hedge), are reported as a component of other comprehensive income or loss and subsequently reclassified into earnings when the forecasted transaction affects earnings or, in certain circumstances, when the hedge is terminated, with the full impact of hedge gains and losses recognized in the period in which the hedged transaction impacts the entity’s earnings. For derivatives that are not designated as hedging instruments, changes in the fair value of the derivatives are recognized in earnings immediately. Note 12 - Derivatives describes the derivative instruments currently used by the Company and discloses how these derivatives impact the Company’s financial condition and results of operations. Stockholders’ Equity Common stock reflects shares issued at par value. Repurchase of the Company’s common stock (treasury stock) is recorded at cost as a reduction of stockholders’ equity within capital surplus in the accompanying Consolidated Balance Sheets and the Statements of Changes in Stockholders’ Equity. When treasury shares are subsequently reissued, treasury stock is reduced by the cost of such stock using the first-in-first-out method, with the difference recorded in capital surplus or retained earnings, as applicable. Revenue Recognition Interest Income Interest income is recognized on an accrual basis driven by written contracts, such as loan agreements or securities contracts. Loan origination fees and costs are recognized over the life of the loan as an adjustment to yield. Unamortized premiums, discounts and other basis adjustments on loans and investment securities are recognized in interest income as a yield adjustment over the contractual lives. However, premiums for certain callable investment securities are amortized to the earliest call date. Service Charges on Deposit Accounts Service charges on deposit accounts include transaction-based fees for nonsufficient funds, account analysis fees, and other service charges on deposits, including monthly account service fees. Nonsufficient funds fees are recognized at the time when the account overdraft occurs in accordance with regulatory guidelines. Account analysis fees consist of fees charged on certain business deposit accounts based upon account activity as well as other monthly account fees, and are recorded under the accrual method of accounting as services are performed. Other service charges are earned by providing depositors safeguard and remittance of funds as well as by providing other elective services for depositors that are performed upon the depositor’s request. Charges for deposit services for the safeguard and remittance of funds are recognized at the end of the statement cycle, after services are provided, as the customer retains funds in the account. Revenue for other elective services is earned at the point in time the customer uses the service. Trust Fees Trust fee income represents revenue generated from asset management services provided to individuals, businesses, and institutions. The Company has a fiduciary responsibility to the beneficiary of the trust to perform agreed upon services which can include investing assets, periodic reporting, and providing tax information regarding the trust. In exchange for these trust and custodial services, the Company collects fee income from beneficiaries as contractually determined via fee schedules. The Company’s performance obligation is primarily satisfied over time as the services are performed and provided to the customer. These fees are recorded under the accrual method of accounting as the services are performed. The Company generally acts as the principal in these transactions and records revenue and expenses on a gross basis. Bank Card and Automated Teller Machine (ATM) Fees Bank card and ATM fees include credit card, debit card and ATM transaction revenue. The majority of this revenue is card interchange fees earned through a third-party network. Performance obligations are satisfied for each transaction when the card is used and the funds are remitted. The network establishes interchange fees that the merchant remits for each transaction, and costs are incurred from the network for facilitating the interchange with the merchant. Card fees also include merchant services fees earned for providing merchants with card processing capabilities. ATM income is generated from allowing customers to withdraw funds from other banks’ machines and from allowing a non-customer cardholder to withdraw funds from the Company’s machines. The Company satisfies its performance obligations for each transaction at the point in time that the withdrawal is processed. Bank card and ATM fee income is recorded on accrual basis as services are provided with the related expense reflected in data processing expense. Investment and Annuity Fees and Insurance Commissions Investment and annuity services fee income represents income earned from investment, annuity, insurance and advisory services. The Company provides its customers with access to these products using a third-party broker dealer that provides full-service brokerage, insurance and investment advisory activities to meet their financial needs and investment objectives. As the agent in the arrangement, the Company recognizes service commissions on a net basis. Upon selection of a product, the customer enters into an agreement with the third-party service provider. The performance obligation is satisfied by fulfilling its responsibility to place customers in the product for which a commission fee is earned from our third-party service provider based on agreed-upon fee percentages. Fees are recorded on a trade date basis, net of any associated costs. Investment revenue also includes portfolio management fees, which represent quarterly fees charged on a contractual basis to customers for the management of their investment portfolios and are recorded under the accrual method of accounting. This revenue line item also includes investment banking income, which includes fees for services arising from securities offerings or placements in which the Company acts as a principal. Revenue is recognized at the time the underwriting is completed and the revenue is reasonably determinable. Any costs associated with these transactions are reflected in the appropriate expense line item. Insurance commission revenue is recognized as of the effective date of the insurance policy, as the Company’s performance obligation is connecting the customer to the insurance products. Fees for policy renewals are recognized when determinable, which is generally when such commissions are received or when we receive data from our third-party service provider that allows the reasonable estimation of these amounts. As the Company is agent in these transactions, expenses are recorded net in this revenue line item. Secondary Mortgage Market Operations Secondary mortgage market operations revenue is primarily comprised of service release premiums earned on the sale of closed-end mortgage loans to other financial institutions or government agencies that are recognized in revenue as each sales transaction occurs. This revenue line item also includes derivative income associated with our mortgage banking operations. Refer to Note 12 – Derivatives for a discussion of these derivative instruments. Securities Transactions, net Securities transactions include net realized gain (losses) on securities sold reflecting the excess (deficiency) of proceeds received over the specifically identified carrying amount of the assets being sold plus cost to sell. Securities sales are recorded as each transaction occurs on a trade-date basis. Income from Bank-Owned Life Insurance Bank-owned life insurance income primarily represents income earned from the appreciation of the cash surrender value of insurance contracts held and the proceeds of insurance benefits. Revenue from the proceeds of insurance benefits is recognized at the time a claim is confirmed. Credit Related Fees Credit-related fee income is primarily composed of letter of credit fees and unused commercial commitment fees. Revenue for letters of credit fees is recognized over time. Revenue for unused commercial commitment fees are recognized based on contractual terms, generally when collected. Income from Derivatives Income from derivatives consists primarily of income from interest rate swaps, net of fair value adjustments for customer derivatives and the related offsetting agreements with unrelated financial institutions for which the derivative instruments are not designated as hedges. Net Gains on Sales of Premises, Equipment and Other Assets Net gains on sales of premises, equipment and other assets consists primarily of net revenue earned from sales of excess-bank owned facilities and equipment no longer in use, gains on sales of non-residential mortgage loans and leases and other assets associated with the equipment finance line of business. Gains or losses are generally recognized when the asset has been legally transferred to the buyer, net of costs to sell. Other Miscellaneous Income Other miscellaneous income represents a variety of revenue streams, including safe deposit box income, wire transfer fees, syndication fees, and any other income not reflected above. Income is recorded once the performance obligation is satisfied, generally on the accrual basis or on a cash basis if not material and/or considered constrained. Advertising Costs Advertising costs are expensed as incurred and recorded as a component of noninterest expense. Income Taxes Income taxes are accounted for using the asset and liability method. Current tax liabilities or assets are recognized for the estimated income taxes payable or refundable on tax returns to be filed with respect to the current year. Deferred tax assets and liabilities are based on temporary differences between the financial statement carrying amounts and the tax bases of the Company’s assets and liabilities. Deferred tax assets and liabilities are measured using the enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be realized or settled. Valuation allowances are established against deferred tax assets if, based on all available evidence, it is more likely than not that some or all of the assets will not be realized. The benefit of a position taken or expected to be taken in a tax return is recognized when it is more likely than not that the position will be sustained on its technical merits. The effects of changes in tax rates and laws upon deferred tax balances are recognized in the period in which the legislation is enacted. The Company makes investments that generate solar investment tax credits (solar ITC). The Company uses the deferral method of accounting for solar ITC investments whereby the tax benefit from the investment tax credits is recognized as a reduction of the book basis of the related asset and is amortized into income over the tax life of the underlying investment. The Company also made investments in projects that yield tax credits issued under the Qualified Zone Academy Bonds (QZAB) and Qualified School Construction Bonds (QSCB) prior to December 31, 2017, as well as Federal and State New Market Tax Credit (NMTC) programs. Returns on these investments are generated through the receipt of federal and state tax credits. The tax credits are recorded as a reduction to the income tax provision in the year that they are earned. Tax credits from QZAB and QSCB bonds are generally earned over the life of the bonds in lieu of interest income. Credits on Federal NMTC investments are earned over the seven-year compliance period beginning with the year of investment. Credits on State NMTC investments are generally earned over a three to five-year period depending upon the specific state program. The Company has elected not to apply the proportional amortization method to the qualifying NMTC program for any existing and future eligible investments. As such, any investment income, gains and losses, and tax credits are presented gross in the statement of income, where income and gains and losses on the investment are reported as a component of pre-tax book income/loss while the tax credits are reported as a component of income tax expense. The election for any eligible future investments in other tax credit programs will be made at the time of investment. The Company also invests in affordable housing projects that generate low-income tax credits (LIHTC) that are earned over a 10-year period, beginning with the year the rental activity begins. The Company has elected to use the practical expedient method to amortize the investment cost, which approximates the proportional amortization method, over the 10-year tax credit period. With the exception of QZAB and QSCB tax credits, all of the tax credits described above can be carried back one-year and carried forward 20 years if the credit cannot be fully used in the year the credits first become available for use. QZAB and QSCB tax credits generally can be carried forward indefinitely if they cannot be fully used in the year the credits are generated. Retirement Benefits The Company sponsors defined benefit pension plans and certain other defined benefit postretirement plans for eligible employees. The amounts reported in the consolidated financial statements with respect to these plans are based on actuarial valuations that incorporate various assumptions regarding future experience under the plans. Note 18 – Retirement Benefit Plans discusses the actuarial assumptions and provides information about the liabilities or assets recognized for the funded status of the Company’s obligations under these plans, the net benefit expense charged to current operations, and the amounts recognized as a component of other comprehensive income or loss and AOCI. Share-Based Payment Arrangements The grant date fair value of equity instruments awarded to employees and directors establishes the cost of the services received in exchange, and the cost associated with awards that are expected to vest is recognized over the requisite service period. Share-based compensation for service-based awards that contain a graded vesting schedule is recognized on a straight-line basis over the requisite service period for the entire award. Forfeitures of unvested awards are recognized in earnings in the period in which they occur. Refer to Note 19 – Share-Based Payment Arrangements for additional information. Earnings (Loss) per Common Share The Company computes earnings (loss) per share using the two-class method. The two-class method allocates net income to each class of common stock and participating security according to the common dividends declared and participation rights in undistributed earnings. For reporting periods in which a net loss is recorded, net loss is not allocated to participating securities because the holders of such securities bear no contractual obligation to fund or otherwise share in the loss. Participating securities currently consist of unvested share-based payment awards that contain nonforfeitable rights to dividends or dividend equivalents. Basic earnings (loss) per common share is computed by dividing income or loss available to common shareholders by the weighted-average number of common shares outstanding for the applicable period. Shares outstanding exclude treasury shares and unvested share-based payment awards under long-term incentive compensation plans and directors’ compensation plans. Diluted earnings per common share is computed using the weighted-average number of common shares outstanding increased by (1) the number of shares in which employees would vest under performance-based stock awards and stock unit awards based on expected performance factors and (2) the number of additional shares that would have been issued if potentially dilutive stock options were exercised; each as determined using the treasury stock method. For reporting periods in which a net loss is recorded, no effect is given to potentially dilutive shares as the impact of such shares would be anti-dilutive. Reportable Segment Disclosures U.S. GAAP requires that information be reported about a company’s operating segments using a “management approach.” Reportable segments are identified in these standards as those revenue-producing components for which discrete financial information is produced internally and which are subject to evaluation by the chief operating decision maker in deciding how to allocate resources to segments. The Company’s stated strategy is to provide a consistent package of banking products and services throughout a coherent market area; as such, the Company has identified its overall banking operations as its only reportable segment. Because the overall banking operations comprise substantially all of the Company’s consolidated operations, no separate financial segment disclosures are presented. See additional segment disclosure information in Note 17 – Segment Reporting. Other Assets held by the Bank in a fiduciary capacity are not assets of the Bank and are not included in the Consolidated Balance Sheets. RECENT ACCOUNTING PRONOUNCEMENTS Accounting Standards Adopted in 2025 In December 2023, the FASB issued ASU 2023-09 "Income Taxes (Topic 740): Improvements to Income Tax Disclosures," to enhance the transparency and decision usefulness of income tax disclosures by requiring additional categories of information about federal, state, and foreign income taxes to be included in the rate reconciliation and by requiring more detail to be disclosed on certain reconciling item categories that meet a quantitative threshold. Additionally, the amendment requires all entities to annually disclose disaggregated information about income taxes paid using specific quantitative thresholds and income tax expense (or benefit) from continuing operations. The amendments in this update are effective for annual periods beginning after December 15, 2024. Entities should apply the amendments on a prospective basis and retrospective application is permitted. The Company has adopted the standard and elected to apply retrospective application. Refer to Note 15 – Income Taxes for the required disclosures. As the update contains only amendments to disclosure requirements, adoption of this standard had no impact to the Company’s consolidated results of operations or financial condition. Accounting Standards Issued But Not Yet Adopted In November 2024, the FASB issued ASU 2024-03, “Income Statement – Reporting Comprehensive Income – Expense Disaggregation Disclosures (Subtopic 220-40),” to improve the disclosures about a public business entity’s expenses in commonly presented expense captions. The amendments in this update require disclosure of specified information about certain costs and expenses in the notes to financial statements. Disclosure requirements also include a qualitative description of the amounts remaining in relevant expense captions that are not separately disaggregated quantitatively, among other items. An entity is not precluded from providing additional voluntary disclosures that may provide investors with additional decision-useful information. This update, as amended, is effective for annual reporting periods beginning after December 15, 2026, and interim periods within annual reporting periods beginning after December 15, 2027. Early adoption is permitted. The amendments in this update should be applied either prospectively to financial statements issued for reporting periods after the effective date of this update, or retrospectively to any or all prior periods presented in the financial statements. The Company is currently assessing the provisions of this guidance. As the update contains only amendments to disclosure requirements, adoption will have no impact to the Company’s consolidated results of operations or financial condition. In September 2025, the FASB issued ASU 2025-06, “Intangibles – Goodwill and Other – Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software,” to modernize the accounting for software costs that are accounted for under Subtopic 350-40. The amendments in this update remove all references to prescriptive and sequential software development stages in Subtopic 350-40 and instead require an entity to begin capitalizing software costs when both of the following occur: (1) management has authorized and committed to funding the software project, and (2) it is probable that the project will be completed and the software will be used to perform the function. The amendment also provides factors to consider when evaluating probable-to-complete recognition thresholds and specifies that the disclosures in Subtopic 360-10, “Property, Plant and Equipment,” are required for all capitalized internal-use software. Further, the amendment supersedes website development costs guidance and incorporates the recognition requirements in this subtopic. The amendments in this update are effective for all entities for annual reporting periods beginning after December 15, 2027, and interim reporting periods within those annual reporting periods. Early adoption is permitted as of the beginning of an annual reporting period. Entities may apply a prospective transition approach, a modified transition approach or a retrospective approach. The Company is currently assessing the provisions of this guidance, but does not expect adoption to have a material impact to the Company’s consolidated results of operations or financial condition. In November 2025, the FASB issued ASU 2025-08, “Financial Instruments – Credit Losses (Topic 326): Purchased Loans,” to expand the population of acquired assets subject to the gross-up approach in Topic 326. Under the amendments in this update, loans (excluding credit cards) acquired without credit deterioration that are deemed “seasoned” are considered purchased seasoned loans and accounted for using the gross-up approach at acquisition. Non-purchased credit deteriorated loans (excluding credit cards) are seasoned if they are acquired in a business combination or were purchased at least 90 days after origination and the acquirer was not involved in the origination of the loans. Under the gross-up approach, the fair value discount is bifurcated between the credit and noncredit components, and the credit portion of the fair value discount is added to the initial amortized cost basis with a corresponding increase in the allowance for credit losses at the date of acquisition. Any noncredit premium or discount resulting from acquiring these seasoned loans is allocated to each individual asset and accreted or amortized to interest income using the effective yield method. Prior to this amendment, all non-purchased credit deteriorated loans acquired were recorded at the estimated fair value of the loan at acquisition, with the estimated allowance for credit loss recorded as a provision for credit losses through earnings in the period in which the acquisition occurred. The amendments in this update are effective for all entities for annual reporting periods beginning after December 15, 2026, and interim reporting periods within those annual reporting periods. The amendments should be applied prospectively to loans that are acquired on or after the initial application date. Early adoption is permitted in an interim or annual reporting period in which financial statements have not yet been issued or made available for issuance. The Company has elected to early adopt this standard as of January 1, 2026. As of the date of this filing there are no pending acquisitions, and therefore, the early adoption of this standard is not expected to have an impact on the Company’s consolidated results of operations or financial condition. In November 2025, the FASB issued ASU 2025-09, “Derivative and Hedging (Topic 815): Hedge Accounting Improvements,” to clarify certain aspects of the guidance on hedge accounting and to address several incremental hedge accounting issues arising from the global reference rate reform initiative. The update addresses five issues: (1) the ability to group individual forecasted transactions in a cash flow hedge, modifying the term “shared risk exposure” to “similar risk exposure;” (2) the ability to apply cash flow hedge accounting to “choose your rate” debt instruments; (3) the application of cash flow hedge accounting to forecasted purchases and sales of nonfinancial assets; (4) the use of net written options has hedging instruments; and (5) the mechanics of assessing hedge effectiveness for foreign-currency-denominated dual hedge strategies. This update is effective for public business entities in the interim and annual reporting periods beginning after December 15, 2026, with early adoptions permitted. Entities should apply the amendments on a prospective basis for all hedging relationships. An entity may elect to adopt the amendments for hedging relationships that exist as of the date of adoption. Upon adoption, entities are permitted to modify certain critical terms of certain existing hedging relationships without dedesignating the hedge. The Company is currently assessing the provisions of this guidance but does not expect adoption to have a material impact to the Company’s consolidated results of operations or financial condition. In December 2025, the FASB issued ASU 2025-11, “Interim Reporting (Topic 270): Narrow Scope Improvements," to improve interim reporting guidance in Topic 270 by improving the navigability of the required interim disclosures, clarifying when that guidance is applicable, and providing additional guidance on what disclosures should be provided in interim reporting periods. This update reorganizes and clarifies interim reporting guidance without expanding disclosure requirements. Key provisions include clarification of entities in scope of ASC 270, updates to the form and content requirements for condensed interim financial statements, and a new disclosure principle requiring disclosure of material events since year-end. This update is effective for public entities for interim reporting periods within annual reporting periods beginning after December 15, 2027, with early adoption permitted. The amendments in this update can be applied either prospectively or retrospectively to any or all prior periods presented in the financial statements. The Company is currently assessing the provisions of this guidance. As the update contains only clarification of disclosure requirements, adoption will have no impact to the Company’s consolidated results of operations or financial condition. |
Acquisition |
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| Business Combination [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Acquisition | 2. Acquisition On May 2, 2025, the Company acquired net assets of Sabal Trust Company (“Sabal”) with cash consideration. Sabal was the largest independent, employee-owned non-depository trust company in Florida and provides trust administration, investment management, retirement planning, estate settlement, and family office services. The acquisition provides the opportunity to expand market share of the Company’s investment management and trust business in certain high-growth markets in Central Florida. The transaction was accounted for as a business combination. The following table sets forth the preliminary acquisition date fair value of the assets acquired and the liabilities assumed, the consideration paid, and the resulting goodwill as of December 31, 2025.
Identifiable intangible assets include customer relationships that are being amortized using an accelerated method based on forecasted cash flows over a useful life of approximately 24 years. Goodwill represents the excess of consideration paid over the fair value of the net assets acquired and is comprised of the estimated future economic benefits arising from the transaction that cannot be individually identified or do not qualify for separate recognition. These benefits include expanded presence in existing markets, operational expertise and synergies. The resulting goodwill is deductible for federal income tax purposes.
The operating results of the Company for fiscal year ended December 31, 2025 include the results from the operations of the acquired trust and asset management business from the date of acquisition. The results are not material to the Company’s results of operations and, as such, supplemental proforma financial information is not presented. During year ended December 31, 2025, the Company incurred acquisition-related costs of approximately $5.9 million, primarily in the data processing, professional services, and personnel expense line items in the Consolidated Statements of Income. |
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Securities |
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| Investments, Debt and Equity Securities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Securities | Note 3. Securities The following tables set forth the amortized cost, gross unrealized gains and losses, and estimated fair value of debt securities classified as available for sale and held to maturity at December 31, 2025 and 2024. Amortized cost of securities does not include accrued interest which is reflected in the accrued interest line item on the consolidated balance sheets totaling $31.7 million and $29.8 million at December 31, 2025 and December 31, 2024, respectively.
The Company held no securities classified as trading at December 31, 2025 or 2024.
The following tables present the amortized cost and fair value of debt securities available for sale and held to maturity at December 31, 2025 by contractual maturity. Actual maturities will differ from contractual maturities because of rights to call or repay obligations with or without penalties and scheduled and unscheduled principal payments on mortgage-backed securities and collateral mortgage obligations.
The following table presents the proceeds from, gross gains on, and gross losses on sales of securities during the years ended December 31, 2025, 2024 and 2023. Net gains or losses are reflected in the "Securities transactions, net" line item on the Consolidated Statements of Income.
Securities with carrying values totaling approximately $3.9 billion at both December 31, 2025 and December 31, 2024 were pledged as collateral, primarily to secure public deposits or securities sold under agreements to repurchase. Credit Quality The Company’s policy is to invest only in securities of investment grade quality. These investments are largely limited to U.S. agency securities and municipal securities. Management has concluded, based on the long history of no credit losses, that the expectation of nonpayment of the held to maturity securities carried at amortized cost is zero for securities that are backed by the full faith and credit of and/or guaranteed by the U.S. government. As such, no allowance for credit losses has been recorded for these securities. The municipal portfolio is analyzed separately for allowance for credit loss in accordance with the applicable guidance for each portfolio as noted below.
The Company evaluates credit impairment for individual securities available for sale whose fair value was below amortized cost with a more than inconsequential risk of default and where the Company had assessed whether the decline in fair value was significant enough to suggest a credit event occurred. There were no securities with a material credit loss event and therefore, no allowance for credit loss was recorded in any period presented.
The fair value and gross unrealized losses for securities classified as available for sale with unrealized losses at December 31, 2025 are presented in the table below.
The fair value and gross unrealized losses for securities classified as available for sale with unrealized losses at December 31, 2024 are presented in the table below.
At each reporting period, the Company evaluated its held to maturity municipal obligation portfolio for credit loss using probability of default and loss given default models. The models were run using a long-term average probability of default migration and with a probability weighting of Moody’s economic forecasts. The resulting credit losses, if any, were negligible and no allowance for credit loss was recorded.
The fair value and gross unrealized losses for securities classified as held to maturity with unrealized losses at December 31, 2025 are presented in the table below.
The fair value and gross unrealized losses for securities classified as held to maturity with unrealized losses at December 31, 2024 are presented in the table below.
At December 31, 2025 and 2024, the Company had 604 and 729 securities, respectively, with market values below their cost basis. There were no material unrealized losses related to the marketability of the securities or the issuer’s ability to meet contractual obligations. In all cases, the indicated impairment on these debt securities would be recovered no later than the security’s maturity date or possibly earlier if the market price for the security increases with a reduction in the yield required by the market. The unrealized losses were deemed to be non-credit related at December 31, 2025 and 2024. At December 31, 2025, the Company had adequate liquidity and, therefore, neither planned nor expected to be required to liquidate these securities before recovery of the amortized cost basis. |
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| Receivables [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Loans and Allowance for Credit Losses | Note 4. Loans and Allowance for Credit Losses The Company generally makes loans in its market areas of southern and central Mississippi; southern and central Alabama; northwest, central and southern Louisiana; the northern, central and panhandle regions of Florida; certain areas of east and northeast Texas; and the metropolitan areas of Nashville, Tennessee and Atlanta, Georgia. In addition, and to a lesser degree, the Bank makes loans both regionally and nationally, generally through its specialty lines of business, including the equipment finance, commercial real estate and healthcare segments, often with sponsors in our market areas. The following table presents loans at their amortized cost basis, by portfolio class at December 31, 2025 and December 31, 2024. The amortized cost basis is net of unearned income and excludes accrued interest totaling $105.1 million and $109.8 million at December 31, 2025 and 2024, respectively. Accrued interest is reflected in the accrued interest line item in the Consolidated Balance Sheets.
The following briefly describes the composition of each loan category and portfolio class. Commercial and industrial Commercial and industrial loans are made available to businesses for working capital (including financing of inventory and receivables), for business expansion, facilitating the acquisition of a business, and for the purchase of equipment and machinery, including equipment leasing. These loans are primarily made based on the identified cash flows of the borrower and, when secured, have the added strength of the underlying collateral. Commercial non-real estate loans may be secured by the assets being financed or other tangible or intangible business assets such as accounts receivable, inventory, ownership, enterprise value or commodity interests, and may incorporate a personal or corporate guarantee; however, some short-term loans may be made on an unsecured basis, including a small portfolio of corporate credit cards, generally issued as a part of overall customer relationships. Commercial real estate – owner occupied loans consist of commercial mortgages on properties where repayment is generally dependent on the cash flow from the ongoing operations and activities of the borrower. Like commercial non-real estate, these loans are primarily made based on the identified cash flows of the borrower, but also have the added strength of the value of underlying real estate collateral. Commercial real estate – income producing Commercial real estate – income producing loans consist of loans secured by commercial mortgages on properties where the loan is made to real estate developers or investors and repayment is dependent on the sale, refinance, or income generated from the operation of the property. Properties financed include multifamily, retail, healthcare related facilities, industrial, office, hotel/motel and restaurants, and other commercial properties. Construction and land development Construction and land development loans are made to facilitate the acquisition, development, improvement and construction of both commercial and residential-purpose properties. Such loans are made to builders and investors where repayment is expected to be made from the sale, refinance or operation of the property or to businesses to be used in their business operations. This portfolio also includes residential construction loans and loans secured by raw land not yet under development. Residential mortgages Residential mortgages consist of closed-end loans secured by first liens on 1- 4 family residential properties. The portfolio includes both fixed and adjustable-rate loans, although most longer-term, fixed-rate loans originated are sold in the secondary mortgage market. Consumer Consumer loans include second lien mortgage home loans, home equity lines of credit and nonresidential consumer purpose loans. Nonresidential consumer loans are made to finance the purchase of personal property, including automobiles, recreational vehicles and boats, and for other personal purposes (secured and unsecured), and also include deposit account secured loans. Consumer loans also include a small portfolio of credit card receivables issued on the basis of applications received through referrals from the Bank’s branches, online and other marketing efforts. The Bank makes loans in the normal course of business to directors and executive officers of the Company and the Bank and to their associates. Loans to such related parties were approximately $38.9 million and $46.2 million at December 31, 2025 and 2024, respectively. Related party loan activity in 2025 reflects new loans of $23.1 million, repayments of $30.2 million, and a net decrease of $0.2 million related to changes in directors and executive officers and their associates. The Bank has a line of credit with the Federal Home Loan Bank of Dallas that is secured by blanket pledges of certain qualifying loan types. The Bank had $400 million borrowings on this line at December 31, 2025 and no borrowings at December 31, 2024. The following schedules show activity in the allowance for credit losses by portfolio class for the years ended December 31, 2025, 2024 and 2023, as well as the allowance for credit loss by primary calculation method at the end of each period.
The calculation of the allowance for credit losses is performed using two primary approaches: a collective approach for pools of loans that have similar risk characteristics using a loss rate analysis, and a specific reserve analysis for credits individually evaluated. The allowance for credit losses for collectively evaluated portfolios is developed using multiple Moody’s macroeconomic forecasts applied to internally developed credit models for a two year reasonable and supportable period. These forecasts are anchored on a baseline economic forecast, which Moody’s defines as the “most likely outcome” based on current conditions and its view of where the economy is headed. The baseline scenario is positioned at the 50th percentile of possible outcomes. Several upside and downside alternative scenarios are also derived from that baseline scenario and considered when assessing reasonably possible outcomes. The modest decrease in the allowance for credit losses at December 31, 2025 compared to December 31, 2024 reflects net decline in funded reserves, largely offset by an increase in unfunded reserves. In arriving at the allowance for credit losses at December 31, 2025, the Company weighted Moody’s December 2025 baseline economic forecast at 50% and downside mild recessionary S-2 scenario at 50%. The December 2025 baseline scenario maintains a generally optimistic outlook in its assumptions surrounding the drivers of economic growth, with no recession forecasted in the near-term. The S-2 scenario is less optimistic compared to the baseline with a mild recession forecasted starting in the first quarter of 2026 and lasting for three quarters. The modest changes in the allowance for credit losses for the years ended December 31, 2024 and 2023 both reflected relatively stable economic conditions, outlook and credit quality metrics. In arriving at the allowance for credit losses at December 31, 2024 and December 31, 2023, the Company weighted the baseline economic forecast at 40%, the downside recessionary scenario S-2 at 60%. Nonaccrual Loans and Certain Reportable Modified Loan Disclosures The following table shows the composition of nonaccrual loans and those without an allowance for loan losses, by portfolio class at December 31, 2025 and 2024.
As a part of our loss mitigation efforts, we may provide modifications to borrowers experiencing financial difficulty to improve long-term collectability of the loans and to avoid the need for repossession or foreclosure of collateral. Nonaccrual loans include reportable nonaccruing modified loans to borrowers experiencing financial difficulty (MEFDs) of $5.8 million at December 31, 2025 and $20.2 million at December 31, 2024. Total reportable MEFDs, both accruing and nonaccruing, were $162.8 million at December 31, 2025 and $99.5 million at December 31, 2024. Unfunded commitments to borrowers whose terms have been modified as a reportable MEFD were $7.2 million and $6.9 million at December 31, 2025 and 2024, respectively. The tables below provide detail by portfolio class for reportable MEFDs entered into during the years ended December 31, 2025 2024 and 2023. Modified facilities are reported using the balance at the end of each period reported and are reflected only once in each table based on the type of modification or combination of modification.
(1) Includes interest rate reduction and a combination of interest rate reduction and term extension.
(1) Includes interest rate reduction and other than insignificant payment delays.
(1) Includes interest rate reduction and other than insignificant payment delays. Reportable modifications to borrowers experiencing financial difficulty during the year ended December 31, 2025 consisted of weighted-average term extensions totaling ten months for the commercial portfolio, two years for the residential mortgage portfolio and three years for the consumer portfolio. The weighted-average term of other than insignificant payment delays was six months for the commercial portfolio, eight months for the residential mortgage portfolio and seven months for the consumer portfolio. The weighted-average interest rate reduction for the residential and consumer portfolio was 240 and 125 basis points, respectively. Reported term extensions and payment delays are considered more than insignificant if they exceeded six months when considering other modifications made in the past twelve months. Reportable modifications to borrowers experiencing financial difficulty during the year ended December 31, 2024 consisted of weighted-average term extensions totaling nine months for the commercial portfolio, six years for the residential mortgage portfolio and four years for the consumer portfolio. The weighted-average term of other than insignificant payment delays for the commercial portfolio was eight months. The weighted-average interest rate reduction for the commercial portfolio was 50 basis points. Reportable modifications to borrowers experiencing financial difficulty during the year ended December 31, 2023 consisted of weighted-average term extensions totaling ten months for commercial, ten years for residential mortgage and eight years for consumer. The weighted-average term of other than insignificant payment delays for the commercial and consumer portfolios was three months. The weighted-average interest rate reduction for the residential mortgage portfolio was 80 basis points. The tables below present the aging analysis of reportable modifications to borrowers experiencing financial difficulty by portfolio class at December 31, 2025 and 2024.
There were seven loans to commercial borrowers totaling $27.6 million and two loans to consumer borrowers totaling $0.2 million with a reportable term extension and/or significant payment delay modification that had post modification payment defaults during the twelve months ended December 31, 2025. There were loans to seven commercial borrowers totaling $20.8 million and loans to three residential mortgage borrowers totaling $0.8 million with a reportable term extension and/or significant payment delay modification that had post modification payment defaults during the twelve months ended December 31, 2024. There was one loan to a commercial borrower totaling $4.4 million with a reportable term extension and significant payment delay modification that had a post modification payment default during the twelve months ended December 31, 2023. A payment default occurs if the loan is either 90 days or more delinquent or has been charged off as of the end of the period presented. Aging Analysis The tables below present the aging analysis of past due loans by portfolio class at December 31, 2025 and 2024.
Credit Quality Indicators The following tables present the credit quality indicators by segment and portfolio class of loans at December 31, 2025 and 2024.
The Company routinely assesses the ratings of loans in its portfolio through an established and comprehensive portfolio management process. Below are the definitions of the Company’s internally assigned grades: Commercial: • Pass - loans properly approved, documented, collateralized, and performing which do not reflect an abnormal credit risk. • Pass - Watch - credits in this category are of sufficient risk to cause concern. This category is reserved for credits that display negative performance trends. The “Watch” grade should be regarded as a transition category. • Special Mention - a criticized asset category defined as having potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may, at some future date, result in the deterioration of the repayment prospects for the credit or the institution’s credit position. Special mention credits are not considered part of the classified credit categories and do not expose the institution to sufficient risk to warrant adverse classification. • Substandard - an asset that is inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged, if any. Assets so classified must have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. • Doubtful - an asset that has all the weaknesses inherent in one classified substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. • Loss - credits classified as loss are considered uncollectable and are charged off promptly once so classified. Residential and Consumer: • Performing – accruing loans • Nonperforming – loans for which there are good reasons to doubt that payments will be made in full. Nonperforming loans include all loans with nonaccrual status.
Vintage Analysis
The following tables present credit quality disclosures of amortized cost by class and vintage for term loans and by revolving and revolving converted to amortizing at December 31, 2025 and 2024. The Company defines vintage as the later of origination, renewal or modification date. The gross charge-offs presented in the tables that follow are for the years ended December 31, 2025 and December 31, 2024.
Residential Mortgage Loans in Process of Foreclosure Loans in process of foreclosure include those for which formal foreclosure proceedings are in process according to local requirements of the applicable jurisdiction. Included in loans are $12.0 million and $10.5 million of consumer loans secured by single family residential real estate that are in process of foreclosure as of December 31, 2025 and 2024, respectively. In addition to the single family residential real estate loans in process of foreclosure, the Company also held $5.1 million and $2.0 million of foreclosed single family residential properties in other real estate owned as of December 31, 2025 and 2024, respectively. Loans Held for Sale Loans held for sale totaled $33.2 million and $21.5 million at December 31, 2025 and 2024, respectively. Loans held for sale is composed primarily of residential mortgage loans originated for sale in the secondary market. At December 31, 2025, residential mortgage loans carried at the fair value option totaled $33.2 million with an unpaid principal balance of $32.3 million. At December 31, 2024 residential mortgage loans carried at the fair value option totaled $18.9 million with an unpaid principal balance of $18.6 million. All other loans held for sale are carried at lower of cost or market. |
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Property and Equipment |
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| Property, Plant and Equipment [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property and Equipment | Note 5. Property and Equipment Property and equipment consisted of the following at December 31, 2025 and 2024:
Assets under development is comprised primarily of software design and implementation costs. Depreciation and amortization expense was $27.3 million, $32.3 million and $34.7 million for the years ended December 31, 2025, 2024, and 2023, respectively. Property and Equipment Held for Sale There were no assets that met the criteria to be classified as held for sale at December 31, 2025 and 2024. For more information on the Company’s policy for accounting for assets held for sale, refer to Note 1 – Summary of Significant Accounting Policies and Recent Accounting Pronouncements. |
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Operating Leases |
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| Leases [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Leases | Note 6. Operating Leases The Company has operating leases on a number of its branches, certain regional headquarters and other properties to limit its exposure to ownership risks such as fluctuations in real estate prices and obsolescence. The Company leases real estate with lease terms generally from to 20 years, some of which have renewal options from to 20 years. As these extension options are not generally considered reasonably certain of renewal, they are not included in the lease term. The Company is not a lessee in any contracts classified as finance leases. The following tables present supplemental information pertaining to operating leases at and for the years ended December 31, 2025 and 2024.
The following table sets forth the maturities of the Company’s lease liabilities and the present value discount at December 31, 2025.
The following table sets forth the components of the Company’s lease expense for the years ended December 31, 2025, 2024 and 2023.
At December 31, 2025, the Company had four leases that had not yet commenced, with discounted lease obligations totaling $7.4 million. |
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Goodwill and Other Intangible Assets |
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| Goodwill and Intangible Assets Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill and Other Intangible Assets | Note 7. Goodwill and Other Intangible Assets Goodwill represents the excess of the consideration paid over the fair value of the net assets acquired or the excess of the fair value of the net liabilities assumed over the consideration received in a business combination. The carrying amount of goodwill was $925.4 million at December 31, 2025 and $855.5 million at December 31, 2024. For information regarding changes to the Company’s carrying amount of goodwill and other intangibles, refer to Note 2 – Acquisition. The Company completed its annual impairment test of goodwill as of September 30, 2025 by performing a qualitative (Step Zero) assessment. The qualitative assessment involved the examination of changes in macroeconomic conditions, industry and market conditions, overall financial performance, cost factors and other relevant entity-specific events, including changes in management and other key personnel and changes in the share price of the Company’s common stock. As a result of the assessment, the Company concluded that its goodwill was not impaired. No goodwill impairment charges were recognized during the years ended December 31, 2025, 2024 or 2023. Identifiable intangible assets with finite lives are amortized over the periods benefited and are evaluated for impairment similar to other long-lived assets. The purchase and carrying values of intangible assets subject to amortization at December 31, 2025 and 2024 were as follows:
Aggregate amortization expense by category of finite lived intangible assets for the years ended December 31, 2025, 2024, and 2023 are as follows:
At December 31, 2025, the weighted-average remaining life of core deposit intangibles was approximately 8 years, and the weighted-average remaining life of other identifiable intangibles was approximately 20 years. The following table shows estimated amortization expense of other intangible assets at December 31, 2025 for the succeeding years and all years thereafter, calculated based on current amortization schedules.
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Other Assets |
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| Other Assets | Note 8. Other Assets
Significant balances included in Other Assets in the Consolidated Balance Sheets at December 31, 2025 and 2024 are presented below.
The Company invests in certain affordable housing project limited partnerships that are qualified low-income housing tax credit developments. These investments are considered variable interest entities for which the Company is not the primary beneficiary and, therefore, are not consolidated. These partnerships generate low-income tax credits that are earned over a 10-year period, beginning with the year the rental activity begins. The Company has elected to use the practical expedient method of amortization, which approximates the proportional amortization method, whereby the investment cost is amortized in proportion to the allocated tax credits over the 10 year tax credit period. Additionally, the Company recognizes deferred taxes on the basis difference of the tax equity investment to reflect the financial impact of other tax benefits (e.g., tax operating losses) not included in the practical expedient amortization. The tax credits, when realized, are reflected in the consolidated statements of income as a reduction of income tax expense. The Company’s investments in affordable housing limited partnerships totaled $37.5 million at both December 31, 2025 and 2024, with a carry balance net of accumulated amortization included in the other assets line item on our Consolidated Balance Sheets totaling $21.8 million and $25.6 million, respectively, for those same periods. The net impact of the low-income housing tax credit program was not material to our Consolidated Statements of Income or Cash Flows for the years ended December 31, 2025 and 2024. |
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Deposits |
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| Deposits | Note 9. Deposits
The following table presents a detail of deposits at December 31, 2025 and 2024:
The maturity of time deposits at December 31, 2025 follows.
The aggregate amount of time deposit in accounts in denominations that meet or exceed the insured limit of $250,000 totaled approximately $1.5 billion at December 31, 2025. |
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| Short-Term Borrowings | Note 10. Short-Term Borrowings The following table presents information concerning short-term borrowings at and for the years ended December 31, 2025 and 2024:
Federal funds purchased represent unsecured borrowings from other banks, generally on an overnight basis. Securities sold under agreements to repurchase (“repurchase agreements”) are funds borrowed on a secured basis by selling securities under agreements to repurchase, mainly in connection with treasury-management services offered to deposit customers. The customer repurchase agreements mature daily and are secured by agency securities. As the Company maintains effective control over assets sold under agreements to repurchase, the securities continue to be presented in the Consolidated Balance Sheets. Because the Company acts as a borrower transferring assets to the counterparty, and the agreements mature daily, the Company’s risk is limited. Short-term borrowings include Federal Home Loan Bank (FHLB) advances totaling $0.4 billion as of December 31, 2025 which consisted of one fixed rate note entered into on December 31, 2025, that matured on January 2, 2026. There were no FHLB advances outstanding at December 31, 2024. As FHLB short-term borrowings mature, they are generally paid off and replaced with new short-term advances, if warranted, depending on funding needs. |
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Long-Term Debt |
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| Debt Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | Note 11. Long-Term Debt At December 31, 2025 and 2024, long-term debt was comprised of the following:
The following table sets forth unamortized debt issuance costs associated with the respective debt instruments at December 31, 2025:
On June 9, 2020, the Company completed the issuance of subordinated notes payable with an aggregate principal amount of $172.5 million, with a stated maturity of June 15, 2060. The notes accrue interest at a fixed rate of 6.25% per annum, with quarterly interest payments that began September 15, 2020. Subject to prior approval by the Federal Reserve, the Company may redeem the notes in whole or in part on any interest payment dates. This debt qualifies as tier 2 capital in the calculation of certain regulatory capital ratios.
All of the Company’s other long-term debt consists of borrowings associated with tax credit fund activities. Although these borrowings have indicated maturities through 2052, each is expected to be satisfied at the end of the seven-year compliance period for the related tax credit investments. |
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Derivatives |
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| Derivative Instruments and Hedging Activities Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Derivatives | Note 12. Derivatives Risk Management Objective of Using Derivatives The Company enters into derivative financial instruments to manage risks related to differences in the amount, timing, and duration of the Company’s known or expected cash receipts and its known or expected cash payments. The Bank also enters into interest rate derivative agreements as a service to certain qualifying customers. The Bank manages a matched book with respect to these customer derivatives in order to minimize its net interest rate risk exposure resulting from such agreements. In addition, the Bank also enters into risk participation agreements under which it may either sell or buy credit risk associated with a customer’s performance under certain interest rate derivative contracts related to loans in which participation interests have been sold to or purchased from other banks.
Fair Values of Derivative Instruments on the Balance Sheet The table below presents the notional or contractual amounts and fair values of the Company’s derivative financial instruments as well as their classification on the consolidated balance sheets at December 31, 2025 and 2024.
(1) Derivative assets and liabilities are reported in other assets or other liabilities, respectively, in the consolidated balance sheets. (2) Represents balance sheet netting of derivative assets and liabilities for variation margin collateral held or placed with the same central clearing counterparty. See offsetting assets and liabilities for further information. Cash Flow Hedges of Interest Rate Risk The Company is party to various interest rate swap agreements designated and qualifying as cash flow hedges of the Company’s forecasted variable cash flows for pools of variable rate loans. For each agreement, the Company receives interest at a fixed rate and pays at a variable rate. The Company terminated certain swap agreements during the fiscal years ended December 31, 2024 and 2023, resulting in cash paid of approximately $13.7 million and $2.9 million, respectively. There were no terminated interest rate swap agreements designated as cash flow hedges during the fiscal year ended December 31, 2025. The net cash received/paid for these transactions was recorded as accumulated other comprehensive income (loss) and is being amortized into earnings through the original maturity dates of the respective contracts. The notional amounts of the active interest rate swap agreements at December 31, 2025 expire as follows: $425 million in 2026; $825 million in 2027, $50 million in 2028, $275 million in 2029 and $200 million in 2030. Fair Value Hedges of Interest Rate Risk Interest rate swaps on securities available for sale
The Company is party to forward-starting fixed payer swaps that convert the latter portion of the term of certain available for sale securities to a floating rate. These derivative instruments are designated as fair value hedges of interest rate risk. This strategy provides the Company with a fixed rate coupon during the front-end unhedged tenor of the bonds and results in a floating rate security during the back-end hedged tenor. At December 31, 2025, these single layer instruments have hedge start dates between January 2025 and July 2026, and maturity dates from December 2027 through March 2031. The change in the fair value of the hedged item attributable to interest rate risk and the net hedge income from effective hedges is presented in interest income along with the fair value of the hedging instrument. During the year ended December 31, 2025, $248.5 million of fair value hedges became effective with the resulting net earnings recorded in interest income on the “Securities-taxable” line item on the Consolidated Statements of Income. Once effective, fair value hedges synthetically convert the notional portion of the hedged asset to a variable rate over the life of the hedge that is indexed to the federal funds effective rate.
The hedged available for sale securities are part of closed portfolios of pre-payable commercial mortgage-backed securities. In accordance with ASC 815, prepayment risk may be excluded when measuring the change in fair value of such hedged items attributable to interest rate risk under the portfolio layer method. At December 31, 2025, the amortized cost basis of the closed portfolio of pre-payable commercial mortgage-backed securities totaled $432.0 million, excluding any basis adjustment. The amount that represents the hedged items was $373.8 million and the basis adjustment associated with the hedged items was a loss totaling $23.7 million.
The Company terminated certain swap agreements designated as a fair value hedge during the years ended December 31, 2025 and 2023, resulting in net cash received of approximately $2.3 million and $19.3 million, respectively. There were no fair value swap agreements terminated during the year ended December 31, 2024. At the time of termination, the value of the swaps was recorded as an adjustment to the book value of the underlying security, thereby changing its current book yield and extending its duration, if held, or impacting the net gain or loss, if sold. Derivatives Not Designated as Hedges Customer interest rate derivative program The Bank enters into interest rate derivative agreements, primarily rate swaps, with commercial banking customers to facilitate their risk management strategies. The Bank enters into offsetting agreements with unrelated financial institutions, thereby mitigating its net risk exposure resulting from such transactions. Because the interest rate derivatives associated with this program do not meet hedge accounting requirements, changes in the fair value of both the customer derivatives and the offsetting derivatives are recognized directly in earnings. Risk participation agreements The Bank also enters into risk participation agreements under which it may either assume or sell credit risk associated with a borrower’s performance under certain interest rate derivative contracts. In those instances where the Bank has assumed credit risk, it is not a direct counterparty to the derivative contract with the borrower and has entered into the risk participation agreement because it is a party to the related loan agreement with the borrower. In those instances in which the Bank has sold credit risk, it is the sole counterparty to the derivative contract with the borrower and has entered into the risk participation agreement because other banks participate in the related loan agreement. The Bank manages its credit risk under risk participation agreements by monitoring the creditworthiness of the borrower, based on the Bank’s normal credit review process. Mortgage banking derivatives The Bank also enters into certain derivative agreements as part of its mortgage banking activities. These agreements include interest rate lock commitments on prospective residential mortgage loans and forward commitments to sell loans to investors on either a best efforts or a mandatory delivery basis. The Company uses these forward sales commitments, which may include To Be Announced (TBA) security contracts, on the open market to protect the value of its rate locks and mortgage loans held for sale from changes in interest rates and pricing between the origination of the rate lock and the final sale of these loans. These instruments meet the definition of derivative financial instruments and are reflected in other assets and other liabilities in the Consolidated Balance Sheets, with changes to the fair value recorded in noninterest income within the secondary mortgage market operations line item in the Consolidated Statements of Income. The loans sold on a mandatory basis commit the Company to deliver a specific principal amount of mortgage loans to an investor at a specified price, by a specified date. If the Company fails to deliver the amount of mortgages necessary to fulfill the commitment by the specified date, we may be obligated to pay a pair-off fee, based on then-current market prices, to the investor/counterparty to compensate the investor for the shortfall. Mandatory delivery forward commitments include TBA security contracts on the open market to provide protection against changes in interest rates on the locked mortgage pipeline. The Company expects that mandatory delivery contracts, including TBA security contracts, will experience changes in fair value opposite to the changes in the fair value of derivative loan commitments. Certain assumptions, including pull through rates and rate lock periods, are used in managing the existing and future hedges. The accuracy of underlying assumptions could impact the ultimate effectiveness of any hedging strategies. Forward commitments under best effort contracts commit the Company to deliver a specific individual mortgage loan to an investor if the loan to the underlying borrower closes. Generally, best efforts cash contracts have no pair-off risk regardless of market movement. The price the investor will pay the seller for an individual loan is specified prior to the loan being funded, generally the same day the Company enters into the interest rate lock commitment with the potential borrower. The Company expects that these best efforts forward loan sale commitments will experience a net neutral shift in fair value with related derivative loan commitments. At the closing of the loan, the rate lock commitment derivative expires and the Company generally records a loan held for sale at fair value under the election of fair value option. Customer foreign exchange forward contract derivatives The Company enters into foreign exchange forward derivative agreements, primarily forward foreign currency contracts, with commercial banking customers to facilitate their risk management strategies. The Bank manages its risk exposure from such transactions by entering into offsetting agreements with unrelated financial institutions. The Bank has not elected to designate these foreign exchange forward contract derivatives as hedges; as such, changes in the fair value of both the customer derivatives and the offsetting derivatives are recognized directly in earnings. Visa Class B derivative contract
The Company is a member of Visa USA. In 2018, the Company sold the majority of its Visa Class B holdings, at which time it entered into a derivative agreement with the purchaser whereby the Company will make or receive cash payments whenever the conversion ratio of the Visa Class B shares into Visa Class A shares is adjusted. The conversion ratio changes when Visa deposits funds to a litigation escrow established by Visa to pay settlements for certain litigation, for which Visa is indemnified by Visa USA members. The Company is also required to make periodic financing payments to the purchaser until all of Visa’s covered litigation matters are resolved. Thus, the derivative contract extends until the end of Visa’s covered litigation matters, the timing of which is uncertain.
During the second quarter of 2024, Visa allowed Class B holders to convert some but not all of their Class B shares to Class A shares. As a result of this conversion event, the Bank and its counterparty agreed to modify the transaction agreement to reflect the partial exchange and include certain provisions related to conversion rate changes. The conversion plan approved by Visa requires a minimum of 12 months before another exchange event and thus extends the expected time for a full resolution of the matter. The contract includes a contingent accelerated termination clause based on the credit ratings of the Company. At December 31, 2025 and 2024, the fair value of the liability associated with this contract was $1.3 million and $2.1 million respectively. Refer to Note 21 – Fair Value of Financial Instruments for discussion of the valuation inputs and process for this derivative liability. Effect of Derivative Instruments on the Statements of Income The effects of derivative instruments on the Consolidated Statements of Income for the years ended December 31, 2025, 2024, and 2023 are presented in the table below.
Credit Risk-Related Contingent Features Certain of the Bank’s derivative instruments contain provisions allowing the financial institution counterparty to terminate the contracts in certain circumstances, such as the downgrade of the Bank’s credit ratings below specified levels, a default by the Bank on its indebtedness, or the failure of the Bank to maintain specified minimum regulatory capital ratios or its regulatory status as a well-capitalized institution. These derivative agreements also contain provisions regarding the posting of collateral by each party. The Company is not in violation of any such provisions. The aggregate fair value of derivative instruments with credit risk-related contingent features that were in a net liability position at December 31, 2025 and 2024 was $13.2 million and $39.1 million, respectively, for which the Company had posted collateral of $13.0 million and $38.0 million, respectively. Offsetting Assets and Liabilities The Bank’s derivative instruments with certain counterparties contain legally enforceable netting provisions that allow for net settlement of multiple transactions to a single amount, which may be positive, negative, or zero. Agreements with certain bilateral counterparties require both parties to maintain collateral in the event that the fair values of derivative instruments exceed established exposure thresholds. For centrally cleared derivatives, the Company is subject to initial margin posting and daily variation margin exchange with the central clearinghouses. Offsetting information in regards to all derivative assets and liabilities, including accrued interest subject to these master netting agreements at December 31, 2025 and 2024 is presented in the following tables:
The Company has excess posted collateral compared to total exposure due to initial margin requirements for day-to-day rate volatility. |
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Stockholders' Equity |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Stockholders' Equity Note [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stockholders' Equity | Note 13. Stockholders’ Equity Common Shares Outstanding Common shares outstanding excludes treasury shares totaling 10.7 million and 6.7 million with a first-in-first-out cost basis of $502.9 million and $264.1 million at December 31, 2025 and 2024, respectively. Shares outstanding also excludes unvested restricted share awards of totaling 8,520 and 111,964 at December 31, 2025 and 2024, respectively. Stock Buyback Programs On December 10, 2025, the Company’s Board of Directors approved a stock buyback program, effective January 1, 2026, whereby the Company is authorized to repurchase up to 5% of the shares of the Company's common stock outstanding as of December 31, 2025, or approximately 4.1 million shares, through the program’s expiration date of December 31, 2026. The program allows the Company to repurchase its common shares in the open market, by block purchase, through accelerated share repurchase programs, in privately negotiated transactions, or otherwise, in one or more transactions, from time to time, depending on market conditions and other factors, and in accordance with applicable regulations of the Securities and Exchange Commission. The Company is not obligated to purchase any shares under this program, and the Board of Directors has the ability to terminate or amend the program at any time prior to the expiration date. Prior to its completion in December 2025, the Company had in place a stock repurchase program authorized by the Board of Directors on December 9, 2024, whereby the Company was authorized to repurchase up to 5% of the Company's common stock outstanding at December 31, 2024, or approximately 4.3 million shares, with the same terms described above through the program's expiration date of December 31, 2026. During the year ended December 31, 2025, the Company repurchased all of the 4,306,200 shares of its common stock that were authorized under this program, at an average cost of $57.30 per share, inclusive of commissions, under this program. The Company has accrued $2.2 million of estimated excise tax associated with share repurchases during the year ended December 31, 2025.
Prior to its expiration on December 31, 2024, the Company had in place a stock repurchase program authorized by the Board of Directors on January 26, 2023, whereby the Company was authorized to repurchase up to 5% of the Company's common stock outstanding at December 31, 2022, or approximately 4.3 million shares, with terms the same as those described above. During the year ended December 31, 2024, the Company repurchased 762,993 shares of its common stock at an average cost of $49.40 per share, inclusive of commissions, under this program. No shares were repurchased under this program in 2023. The Company paid $0.1 million of estimated excise tax associated with share repurchases during 2024. Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income or Loss (AOCI) is reported as a component of stockholders’ equity. AOCI can include, among other items, unrealized holding gains and losses on securities available for sale (AFS), including the Company’s share of unrealized gains and losses reported by a partnership accounted for under the equity method, gains and losses associated with pension or other post-retirement benefits that are not recognized immediately as a component of net periodic benefit cost, and gains and losses on derivative instruments that are designated as, and qualify as, cash flow hedges. Net unrealized gains and losses on AFS securities reclassified as securities held to maturity (HTM) also continue to be reported as a component of AOCI and will be amortized over the estimated remaining life of the securities as an adjustment to interest income. Subject to certain thresholds, unrealized losses on employee benefit plans will be reclassified into income as pension and post-retirement costs are recognized over the remaining service period of plan participants. Accumulated gains or losses on cash flow hedges of variable rate loans described in Note 12 will be reclassified into income over the life of the hedge. Accumulated other comprehensive loss resulting from the terminated interest rate swaps are being amortized over the remaining maturities of the designated instruments. Gains and losses within AOCI are net of deferred income taxes, where applicable. A rollforward of the components of Accumulated Other Comprehensive Income (Loss) is presented in the table that follows:
The following table shows the line items in the consolidated statements of income affected by amounts reclassified from AOCI:
Regulatory Capital Measures of regulatory capital are an important tool used by regulators to monitor the financial health of financial institutions. The primary quantitative measures used to gauge capital adequacy are Common Equity Tier 1, Tier 1 and Total regulatory capital to risk-weighted assets (risk-based capital ratios) and the Tier 1 capital to average total assets (leverage ratio). Both the Company and the Bank subsidiary are required to maintain minimum risk-based capital ratios of 8.0% total capital, 4.5% Common Equity Tier 1, and 6.0% Tier 1 capital. The minimum leverage ratio is 3.0% for bank holding companies and banks that meet certain specified criteria, including having the highest supervisory rating. All others are required to maintain a leverage ratio of at least 4.0%. To evaluate capital adequacy, regulators compare an institution’s regulatory capital ratios with their agency guidelines, as well as with the guidelines established as part of the uniform regulatory framework for prompt corrective supervisory action toward financial institutions. The framework for prompt corrective action categorizes capital levels into one of five classification ratings from well-capitalized to critically under-capitalized. For an institution to be eligible to be classified as well capitalized its Total risk-based capital ratios must be at least 10.0% for total capital, 6.5% for Common Equity Tier 1 and 8.0% for Tier 1 capital, and its leverage ratio must be at least 5.0%. In reaching an overall conclusion on capital adequacy or assigning a classification under the uniform framework, regulators also consider other subjective and quantitative measures of risk associated with an institution. The Company and the Bank were deemed to be well capitalized based upon the most recent notifications from their regulators. There are no conditions or events since those notifications that management believes would change the classifications. At December 31, 2025 and 2024, the Company and the Bank were in compliance with all of their respective minimum regulatory capital requirements. Following is a summary of the actual regulatory capital amounts and ratios for the Company and the Bank together with corresponding regulatory capital requirements at December 31, 2025 and 2024.
Regulatory Restrictions on Dividends Regulatory policy statements provide that generally, bank holding companies should pay dividends only out of current operating earnings and that the level of dividends must be consistent with current and expected capital requirements. Dividends received from the Bank have been the primary source of funds available to the Company for the payment of dividends to its stockholders. Federal and State banking laws and regulations restrict the amount of dividends the Bank may distribute to the Company without prior regulatory approval, as well as the amount of loans it may make to the Company. Dividends paid by the Bank are subject to approval by the Commissioner of Banking and Consumer Finance of the State of Mississippi. Further, a capital conservation buffer of 2.5% above each of the minimum capital ratio requirements (Common Equity Tier 1, Tier 1, and Total risk-based capital) must be met for a bank or bank holding company to be able to pay dividends without restrictions. |
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Other Noninterest Income and Other Noninterest Expense |
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| Other Income and Expenses [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Other Noninterest Income and Other Noninterest Expense | Note 14. Other Noninterest Income and Other Noninterest Expense
The components of other noninterest income and other noninterest expense are as follows:
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Income Taxes |
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| Income Tax Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Income Taxes | Note 15. Income Taxes Income tax expense included in net income consisted of the following components:
Income tax expense does not reflect the tax effects of amounts recognized in other comprehensive income and in AOCI, a separate component of stockholders’ equity. These amounts include unrealized gains and losses on securities available for sale or transferred to held to maturity, unrealized gains and losses on derivatives and hedging transactions, and valuation adjustments of defined benefit and other post-retirement benefit plans. Refer to Note 13 – Stockholders’ Equity for additional information.
Temporary differences arise between the tax bases of assets or liabilities and their carrying amounts for financial reporting purposes. The expected tax effects from when these differences are resolved are recorded currently as deferred tax assets or liabilities.
Significant components of the Company’s deferred tax assets and liabilities were as follows:
Reported income tax expense differed from amounts computed by applying the statutory income tax rate of 21% for the years ended December 31, 2025, 2024 and 2023 to earnings or loss before income taxes. Historically, the primary differences have been due to tax-exempt income, federal and state tax credits and excess tax benefits from stock-based compensation. The main source of tax credits has been investments in tax-advantaged securities and tax credit projects. These investments are made primarily in the markets we serve and directed at tax credits issued under the Federal and State New Market Tax Credit (NMTC) programs, Low-Income Housing Tax Credit (LIHTC) programs, as well as pre-2018 Qualified Zone Academy Bonds (QZAB) and Qualified School Construction Bonds (QSCB). A reconciliation between reported income tax expense and the amounts computed by applying the U.S. federal statutory income tax rate of 21% to income before taxes, prepared in accordance with the revised disclosure requirements of Topic 740, is presented in the table below. Disclosures for the comparative prior periods have been reclassified to conform to the current presentation.
There were no activities or transactions with foreign tax effects or effects of changes in tax laws or rates enacted in any of the periods presented. In 2025, state and local income taxes in Florida and Mississippi comprise the majority of the domestic state and local income taxes, net of federal effect category. In 2024, state and local income taxes in Florida, Mississippi, and Tennessee comprise the majority of the domestic state and local income taxes, net of federal effect category. While in 2023, state and local income taxes in Alabama, Florida and Mississippi comprise the majority of the domestic state and local income taxes, net of federal effect category.
The Company had approximately $79.2 million in state net operating loss carryforwards that originated in the tax years 2003 through 2025 and begin expiring in 2032. A $79.2 million gross state valuation allowance has been established for all non-bank entity level state net operating loss carryforwards, which translates to a net $3.7 million valuation allowance in the Company’s deferred tax inventory. The remainder of the allowance is related to deferred executive compensation. The impact of this valuation allowance is not material to the financial statements.
The tax benefit of a position taken or expected to be taken in a tax return should be recognized when it is more likely than not that the position will be sustained on its technical merits. The liability for unrecognized tax benefits was immaterial as of December 31, 2025, 2024 and 2023. The Company recognizes interest and penalties, if any, related to income tax matters in income tax expense, and the amounts recognized during 2025, 2024 and 2023 were insignificant.
Income taxes paid (net of refunds received), disaggregated by jurisdictional categories (U.S. federal, U.S. state and local and non-U.S.) required by the revised requirements of Topic 740, is presented in the table below. The Company did not pay any non-U.S. taxes in years ended December 31, 2025, 2024 or 2023.
* The amount of income tax paid (net of refunds received) during this year does not meet the 5% disaggregation threshold.
The Company and its subsidiaries file a consolidated U.S. federal income tax return, as well as filing various state returns. Generally, the federal returns for years prior to 2022 are no longer subject to examination. State returns that are open to examination vary by jurisdiction and are generally open three to four years. |
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| Earnings Per Share | Note 16. Earnings Per Share The Company calculates earnings per share using the two-class method. The two-class method allocates net income to each class of common stock and participating security according to common dividends declared and participation rights in undistributed earnings. Participating securities consist of nonvested share-based payment awards that contain nonforfeitable rights to dividends or dividend equivalents A summary of the information used in the computation of earnings per common share follows.
Potential common shares consist of stock options, nonvested performance-based awards, nonvested restricted stock units, and nonvested restricted share awards deferred under the Company’s nonqualified deferred compensation plan. These potential common shares do not enter into the calculation of diluted earnings per share if the impact would be antidilutive, i.e., increase earnings per share or reduce a loss per share. The weighted-average of potentially dilutive common shares that were anti-dilutive totaled 5,394, 16,338 and 100,391 for the years ended December 31, 2025, 2024 and 2023, respectively, and were excluded from the calculation of diluted earnings per common diluted share for the respective periods. |
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Segment Reporting |
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| Segment Reporting [Abstract] | |
| Segment Reporting | Note 17. Segment Reporting
U.S. GAAP requires that information be reported about a company’s operating segments using a “management approach.” Reportable segments are identified in these standards as those revenue-producing components for which discrete financial information is produced internally and which are subject to evaluation by the chief operating decision maker in deciding how to allocate resources to segments. The Company has identified the Capital Committee as the chief operating decision maker. The Capital Committee is comprised of the Chief Executive Officer, Chief Financial Officer, Hancock Whitney Bank President and Chief Operating Officer, Chief Credit Officer, Chief Risk Officer, Chief Human Resources Officer, and General Counsel. Consistent with the Company’s strategy that is focused on providing a consistent package of banking products and services across all markets, the Company has identified its overall banking operations as its only reportable segment.
The Capital Committee primarily uses net income and its components to make operational and financial decisions and manage the Company. Financial reports utilized include actual results compared to budget, forecasts, prior period results, peer information, and analyst estimates. The accounting policies used to measure the profit and loss of the segment are the same as those described in the summary of significant accounting policies found in Note 1 – Summary of Significant Accounting Policies and Recent Accounting Pronouncements. The significant segment expenses included in net income are presented in the financial statement captions shown on the face of the Consolidated Statements of Income and in Note 14 – Other Noninterest Income and Other Noninterest Expense, and align materially with those reported to the Capital Committee. There are no other segment items that are required to reconcile expenses included in net income to significant expenses reviewed by the Capital Committee. |
Retirement Benefit Plans |
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| Retirement Benefit Plans | Note 18. Retirement Benefit Plans The Company sponsors a qualified defined benefit pension plan, the Hancock Whitney Corporation Pension Plan and Trust Agreement (“Pension Plan”), covering certain eligible associates. Eligibility is based on minimum age and service-related requirements. In 2017, the Pension Plan was amended to exclude any individual hired or rehired by the Company after June 30, 2017 from eligibility to participate. The Pension Plan amendment further provided that the accrued benefits of each participant in the Pension Plan whose combined age plus years of service as of January 1, 2018 totaled less than 55 were to be frozen as of January 1, 2018, and not thereafter increase. The Company makes contributions to this plan in amounts sufficient to meet funding requirements set forth in federal employee benefit and tax laws, plus such additional amounts as the Company may determine to be appropriate. The Company was not required to make a contribution to the Pension Plan during 2025 or 2024. The Company does not anticipate being required to make a contribution, nor does it anticipate making a discretionary contribution to the Pension Plan in 2026. The Company also offers a defined contribution retirement benefit plan, the Hancock Whitney Corporation 401(k) Savings Plan and Trust Agreement (“401(k) Plan”), that covers substantially all associates who have been employed 60 days and meet a minimum age requirement and employment classification criteria. The Company matches 100% of the first 1% of compensation saved by a participant, and 50% of the next 5% of compensation saved. Newly eligible associates are automatically enrolled at an initial 3% savings rate unless the associate actively opts out of participation in the plan. The 401(k) Plan was also amended during the second quarter of 2017 for participants whose benefits were frozen under the Pension Plan to add an enhanced Company contribution beginning January 1, 2018, in the amount of 2%, 4% or 6% of such participant’s eligible compensation, based on the participant’s age and years of service with the Company. The 401(k) Plan’s amendment further provided that the Company will contribute to the benefit of those associates of the Company hired or rehired after June 30, 2017, and those associates of the Company never enrolled in the Pension Plan an additional basic contribution in an amount equal to 2% of the associate’s eligible compensation beginning January 1, 2018. Participants vest in the new basic and enhanced Company contributions upon completion of three years of service. The Company’s 401(k) plan matching expense totaled $18.8 million, $17.8 million and $17.9 million for the years ended December 31, 2025, 2024, and 2023, respectively. Certain associates who were designated executive officers of Whitney Holding Corporation and/or Whitney National Bank before the acquisition by the Company are also covered by an unfunded nonqualified defined benefit pension plan. The benefits under this nonqualified plan were designed to supplement amounts to be paid under the defined benefit plan previously maintained for employees of Whitney Holding Corporation and/or Whitney National Bank (the “Whitney Pension Plan”), and are calculated using the Whitney Pension Plan’s formula, but without applying the restrictions imposed on qualified plans by certain provisions of the Internal Revenue Code. Accrued benefits under this plan were frozen as of December 31, 2012 in connection with the merger of the Whitney Pension Plan into the Company’s qualified defined benefit pension plan, and no future benefits will be accrued under this plan. The Company also sponsors defined benefit postretirement plans for certain associates. The Hancock postretirement plans are available only to associates hired by the Company prior to January 1, 2000. The Hancock plans provide health care and life insurance benefits to retiring associates who participate in medical and/or group life insurance benefit plans for active associates and have reached 55 years of age with ten years of service, at the time of retirement. The postretirement health care plan is contributory, with retiree contributions adjusted annually and subject to certain employer contribution maximums. The Whitney postretirement plans are available only to former employees of Whitney Holding Corporation and/or Whitney National Bank who meet the eligibility requirements, and offer health care and life insurance benefits for eligible retirees and their eligible dependents. Participant contributions are required under the health plan. These plans restrict eligibility for postretirement health benefits to retirees already receiving benefits as of the date of the plan amendments in 2007 and to those active participants who were eligible to receive benefits as of December 31, 2007 (i.e., were age 55 with ten years of credited service). Life insurance benefits are currently only available to associates who retired before December 31, 2007. The Company assumed certain trends in health care costs in the determination of the benefit obligations. The plans assumed a 7.50% increase in health costs, increasing to 8.00% in 2026, declining to 5.75% uniformly over a three year period, and then following the Getzen model thereafter. At December 31, 2025, the mortality assumption was based on Revised RP-2014 Employee and Healthy Annuitants Bottom Quartile Fully Generational Mortality Table for Males and Females - Projected with Improvement Scale MP-2021. The following tables detail the changes in the benefit obligations and plan assets of the defined benefit plans for the years ended December 31, 2025 and 2024, as well as the funded status of the plans at each year end and the amounts recognized in the Company’s Consolidated Balance Sheets. The Company uses a December 31 measurement date for all defined benefit pension plans and other postretirement benefit plans.
The net funded status of $281.1 million for pension benefits plans includes an excess of plan assets over the benefit obligation of $292.4 million on the defined benefit pension plan, partially offset by an unfunded benefit obligation of $11.3 million for the nonqualified retirement plan.
Net actuarial gain is a significant component of the change in the projected benefit obligation of the Pension Plan for the year ended December 31, 2025. The actuarial gain was primarily driven by a change in the discount rate used in computing the projected benefit obligation at December 31, 2025.
The following table shows net periodic (benefit) cost included in expense and the changes in the amounts recognized in AOCI during the years ended December 31, 2025, 2024, and 2023.
*Graded scale, declining from 7.25% at age 20 to 2.25% at age 65 The long term rate of return on plan assets is determined by using the weighted-average of historical real returns for major asset classes based on target asset allocations. For all periods presented, the discount rate for the benefit obligation was calculated by matching expected future cash flows to the USI Consulting Group Pension Discount Curve (AA). The following table presents expected plan benefit payments over the ten years succeeding December 31, 2025:
The expected benefit payments are estimated based on the same assumptions used to measure the Company’s benefit obligations at December 31, 2025.
The fair values of pension plan assets at December 31, 2025 and 2024, by asset category, are shown in the following tables. The fair value is presented based on the Financial Accounting Standards Board’s fair value hierarchy that prioritizes inputs into the valuation techniques used to measure fair value. Level 1 uses quoted prices in active markets for identical assets, Level 2 uses significant observable inputs, and Level 3 uses significant unobservable inputs. In accordance with Subtopic 820-10 common trust funds are reported at fair value using net asset value per share (or its equivalent) as a practical expedient and are not classified in the fair value hierarchy. For all investments, the plan attempts to use quoted market prices of identical assets on active exchanges, or Level 1 measurements. Where such quoted market prices are not available, the plan will use quoted prices for similar instruments or discounted cash flows to estimate the value, reported as Level 2.
The following table presents the percentage allocation of the plan assets by asset category and corresponding target allocations at December 31, 2025 and 2024.
Plan assets are invested in long-term strategies and evaluated within the context of a long-term investment horizon, and the ultimate pension benefit obligation they are meant to satisfy. The overall goal of the investment program is to ensure solvency of the Plan, enabling the payment of pension obligations over time as they come due. Plan assets are diversified across multiple asset classes to minimize the risk of large losses, and are increasingly allocated to assets with characteristics that are likely to mimic the interest rate sensitivity of the Plan’s liabilities. Through these investments, the Plan seeks to offset the volatility of its liabilities and therefore reduce the volatility of the Plan’s funded status. Typically, the allocation will include investments in long duration fixed income securities. Short-term fluctuations in value are considered secondary to long-term results. The investment performance of the plan is regularly monitored to ensure that appropriate risk levels are being achieved and to evaluate returns versus a suitable market benchmark. The benefits investment committee meets periodically to review the policy, strategy, and performance of the plans. |
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| Share-Based Payment Arrangements | Note 19. Share-Based Payment Arrangements The Company maintains incentive compensation plans that incorporate share-based payment arrangements for associates and directors. The current plan under which share-based awards may be granted, the 2020 Long Term Incentive Plan (the “2020 Plan”), was approved by the Company’s stockholders at the 2020 annual meeting as a successor to the Company’s 2014 Long-Term Incentive Plan (the “2014 Plan”). Certain share-based awards remain outstanding under the 2014 Plan and prior equity incentive compensation plans, but no future awards may be granted thereunder. The Compensation Committee of the Company’s Board of Directors administers the equity incentive plans, makes determinations with respect to participation by employees or directors and authorizes the share-based awards. Under the 2020 Plan, participants may be awarded stock options (including incentive stock options for associates), restricted shares, performance stock awards and stock appreciation rights, all on a stand-alone, combination or tandem basis. To date, the Committee has awarded stock options, tenure-based restricted share awards and units, and performance stock units under the 2020 Plan and the prior equity incentive plans. Under the 2020 Plan, future awards may be granted for the issuance of an aggregate of 5,200,000 shares of the Company’s common stock, plus a number of additional shares of the Company’s common stock (not to exceed 1,000,000) for which awards under the 2014 Plan are cancelled, expired, forfeited or otherwise not issued, or settled in cash. The 2020 Plan limits the number of shares for which awards may be granted to any participant during any calendar year to 250,000 shares. The Company may use authorized unissued shares or shares held in treasury to satisfy awards under the 2020 Plan. As of December 31, 2025, there were approximately 2.2 million shares available for future issuance under the 2020 equity compensation plan. For the years ended December 31, 2025, 2024 and 2023, total share-based compensation expense recognized in income was $24.4 million, $22.7 million and $24.7 million, respectively. The total recognized income tax benefit related to the share-based compensation was $6.7 million, $6.3 million and $5.7 million for 2025, 2024 and 2023, respectively. A summary of the Company’s nonvested restricted and performance shares for the year ended December 31, 2025 is presented below:
At December 31, 2025, there was $47.8 million of total unrecognized compensation expense related to nonvested restricted and performance share awards and units expected to vest in the future. This compensation is expected to be recognized in expense over a weighted-average period of 2.9 years. The fair value of shares that vested during the years ended December 31, 2025 and 2024 totaled $21.5 million and $24.0 million, respectively.
During the year ended December 31, 2025, the Company granted 445,989 restricted stock units (RSUs) to certain eligible employees. The holders of unvested restricted stock units have no rights as a shareholder of the Company, including voting or dividend rights. The Company has elected to award dividend equivalents on each restricted stock unit not deferred under the Company's nonqualified deferred compensation plan. Such dividend equivalents are forfeited should the employee terminate employment prior to the vesting of the RSU. During the year ended December 31, 2025, the Company granted to key members of executive management 26,989 performance share awards subject to a total shareholder return (“TSR”) performance metric with a grant date fair value of $66.84 per share. The fair value of the performance share units subject to TSR at the grant date was determined using a Monte Carlo simulation method. The number of performance share units subject to TSR that ultimately vest at the end of the three-year performance period, if any, will be based on the relative rank of the Company’s three-year TSR among the TSRs of a peer group of 49 regional banks. The Company also granted 26,198 performance share awards subject to a return on average assets (ROAA) performance metric and 26,198 performance share awards subject to a return on average tangible common equity (ROATCE) performance metric with a grant date fair value of $52.02 per share for both performance share awards. The number of performance shares subject to ROAA and ROTCE that ultimately vest if any, will be based on the relative rank of the Company’s three-year ROAA and ROATCE relative the KBW Regional Bank index. The maximum number of performance share units that could vest is 200% of the target award. Compensation expense for these performance shares is recognized on a straight-line basis over the three-year service period. |
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Commitments and Contingencies |
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| Commitments and Contingencies Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||
| Commitments and Contingencies | Note 20. Commitments and Contingencies Credit Related In the normal course of business, the Bank enters into financial instruments, such as commitments to extend credit and letters of credit, to meet the financing needs of its customers. Such instruments are not reflected in the accompanying consolidated financial statements until they are funded, although they expose the Bank to varying degrees of credit risk and interest rate risk in much the same way as funded loans. Under regulatory capital guidelines, the Company and Bank must include unfunded commitments meeting certain criteria in risk-weighted capital calculations. Commitments to extend credit include revolving commercial credit lines, nonrevolving loan commitments issued mainly to finance the acquisition and development or construction of real property or equipment, and credit card and personal credit lines. The availability of funds under commercial credit lines and loan commitments generally depends on whether the borrower continues to meet credit standards established in the underlying contract and other contractual conditions. Loan commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee by the borrower. Credit card and personal credit lines are generally subject to cancellation if the borrower’s credit quality deteriorates. A number of commercial and personal credit lines are used only partially or, in some cases, not at all before they expire, and the total commitment amounts do not necessarily represent future cash requirements of the Company. A substantial majority of the letters of credit are standby agreements that obligate the Bank to fulfill a customer’s financial commitments to a third party if the customer is unable to perform. The Bank issues standby letters of credit primarily to provide credit enhancement to its customers’ other commercial or public financing arrangements and to help them demonstrate financial capacity to vendors of essential goods and services. The contractual amounts of these instruments reflect the Company’s exposure to credit risk. The Company undertakes the same credit evaluation in making loan commitments and assuming conditional obligations as it does for on-balance sheet instruments and may require collateral or other credit support. At December 31, 2025 and 2024, the Company had a reserve for unfunded lending commitments totaling $33.9 million and $24.1 million, respectively.
The following table presents a summary of the Company’s off-balance sheet financial instruments as of December 31, 2025 and December 31, 2024:
Legal Proceedings The Company is party to various legal proceedings arising in the ordinary course of business. Management does not believe that loss contingencies, if any, arising from pending litigation and regulatory matters will have a material adverse effect on the consolidated financial position or liquidity of the Company. Federal Deposit Insurance Corporation (FDIC) Special Assessment In November 2023, the FDIC approved a final rule to implement a special deposit insurance assessment to recover losses to the Deposit Insurance Fund (DIF) arising from the full protection of uninsured depositors under the systemic risk exception following the receiverships of Silicon Valley Bank and Signature Bank in the spring of 2023. To-date, the Company has expensed $27.6 million related to this special assessment based on loss estimate information provided by the FDIC. The loss estimates resulting from the failures of these institutions may be subject to further change pending the projected and actual outcome of loss share agreements, joint ventures, and outstanding litigation. The exact amount of losses incurred will not be determined until the FDIC terminates the receiverships of these banks; therefore, the Company’s exact exposure for FDIC special assessment remains unknown. |
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Fair Value Measurements |
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| Fair Value Measurements | Note 21. Fair Value Measurements The FASB defines fair value as the exchange price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The FASB’s guidance also establishes a fair value hierarchy that prioritizes the inputs to these valuation techniques used to measure fair value, giving preference to quoted prices in active markets for identical assets or liabilities (level 1) and the lowest priority to unobservable inputs such as a reporting entity’s own data (level 3). Level 2 inputs include quoted prices for similar assets or liabilities in active markets, quoted prices for identical assets or liabilities in markets that are not active, observable inputs other than quoted prices, such as interest rates and yield curves, and inputs that are derived principally from or corroborated by observable market data by correlation or other means. Fair Value of Assets and Liabilities Measured on a Recurring Basis The following tables present, for each of the fair value hierarchy levels, the Company’s financial assets and liabilities that are measured at fair value on a recurring basis on the consolidated balance sheets at December 31, 2025 and 2024:
(1) For further disaggregation of derivative assets and liabilities, see Note 12 – Derivatives.
(1) For further disaggregation of derivative assets and liabilities, see Note 12 – Derivatives. Securities classified as level 2 include obligations of U.S. Government agencies and U.S. Government-sponsored agencies, including U.S. Treasury securities, residential and commercial mortgage-backed securities and collateralized mortgage obligations that are issued or guaranteed by U.S. government agencies, and state and municipal bonds. The level 2 fair value measurements for investment securities are obtained quarterly from a third-party pricing service that uses industry-standard pricing models. Substantially all of the model inputs are observable in the marketplace or can be supported by observable data. The Company invests only in securities of investment grade quality with a targeted duration, for the overall portfolio, generally between and . Company policies generally limit U.S. investments to agency securities and municipal securities determined to be investment grade according to an internally generated score which generally includes a rating of not less than “Baa” or its equivalent by a nationally recognized statistical rating agency.
Loans held for sale consist of residential mortgage loans carried under the fair value option. The fair value for these instruments is classified as level 2 based on market prices obtained from potential buyers.
For the Company’s derivative financial instruments designated as hedges and those under the customer interest rate program, the fair value is obtained from a third-party pricing service that uses an industry-standard discounted cash flow model that relies on inputs, Overnight Index swap rate curves, and SOFR swap curves (where applicable); all observable in the marketplace. To comply with the accounting guidance, credit valuation adjustments are incorporated in the fair values to appropriately reflect nonperformance risk for both the Company and the counterparties. Although the Company has determined that the majority of the inputs used to value these derivative instruments fall within level 2 of the fair value hierarchy, the credit value adjustments utilize level 3 inputs, such as estimates of current credit spreads. The Company has determined that the impact of the credit valuation adjustments is not significant to the overall valuation of these derivatives. As a result, the Company has classified its derivative valuations for these instruments in level 2 of the fair value hierarchy. The Company’s policy is to measure counterparty credit risk quarterly for derivative instruments, which are all subject to master netting arrangements consistent with how market participants would price the net risk exposure at the measurement date. The Company also has certain derivative instruments associated with the Bank’s mortgage-banking activities. These derivative instruments include interest rate lock commitments on prospective residential mortgage loans and forward commitments to sell these loans to investors on a best efforts delivery basis and To Be Announced securities for mandatory delivery contracts. The fair value of these derivative instruments is measured using observable market prices for similar instruments and is classified as a level 2 measurement.
The Company’s level 3 liability consists of a derivative contract with the purchaser of 192,163 shares of Visa Class B common stock. Pursuant to the agreement, the Company retains the risks associated with the ultimate conversion of the Visa Class B common shares into shares of Visa Class A common stock, such that the counterparty will be compensated for any dilutive adjustments to the conversion ratio and the Company will be compensated for any anti-dilutive adjustments to the ratio. The agreement also requires periodic payments by the Company to the counterparty calculated by reference to the market price of Visa Class A common shares at the time of sale and a fixed rate of interest that stepped up once after the eighth scheduled quarterly payment. The fair value of the liability is determined using a discounted cash flow methodology. The significant unobservable inputs used in the fair value measurement are the Company’s own assumptions about estimated changes in the conversion rate of the Visa Class B common shares into Visa Class A common shares, the date on which such conversion is expected to occur and the estimated growth rate of the Visa Class A common share price. Refer to Note 12 – Derivatives for information about the derivative contract with the counterparty.
The Company believes its valuation methods for its assets and liabilities carried at fair value are appropriate; however, the use of different methodologies or assumptions, particularly as applied to level 3 assets and liabilities, could have a material effect on the computation of their estimated fair values.
Changes in Level 3 Fair Value Measurements and Quantitative Information about Level 3 Fair Value Measurements
The nominal changes in the fair value of level 3 financial instruments is due to the net impact of cash settlements and losses included in earnings. The level 3 fair value measurement was based on discounted cash flows, with a Visa Class B common share conversion ratio range of 1.55x to 1.54x and an estimated time to resolution of 21 to 33 months. The range of sensitivities that management utilized in its fair value calculations is deemed acceptable in the industry with respect to the identified financial instrument. The Company’s policy is to recognize transfers between valuation hierarchy levels as of the end of a reporting period. Fair Value of Assets Measured on a Nonrecurring Basis Certain assets and liabilities are measured at fair value on a nonrecurring basis. Collateral-dependent loans individually evaluated for credit loss are measured at the fair value of the underlying collateral based on independent third-party appraisals that take into consideration market-based information such as recent sales activity for similar assets in the property’s market. Other real estate owned and foreclosed assets, including both foreclosed property and surplus banking property, are level 3 assets that are adjusted to fair value, less estimated selling costs, upon transfer from loans or property and equipment. Subsequently, other real estate owned and foreclosed assets are carried at the lower of carrying value or fair value less estimated selling costs. Fair values are determined by sales agreement or third-party appraisals as discounted for estimated selling costs, information from comparable sales, and marketability of the assets. The fair value information presented below is not as of the period end, rather it was as of the date the fair value adjustment was recorded during the twelve months for each of the dates presented below, and excludes nonrecurring fair value measurements of assets no longer on the balance sheet. The following tables present the Company’s financial assets that are measured at fair value on a nonrecurring basis for each of the fair value hierarchy levels:
Accounting guidance from the FASB requires the disclosure of estimated fair value information about certain on- and off-balance sheet financial instruments, including those financial instruments that are not measured and reported at fair value on a recurring basis. The significant methods and assumptions used by the Company to estimate the fair value of financial instruments are discussed below. Cash, Short-Term Investments and Federal Funds Sold – For these short-term instruments, the carrying amount is a reasonable estimate of fair value. Securities – The fair value measurement for securities available for sale is discussed earlier in this note. The same measurement techniques were applied to the valuation of securities held to maturity. Loans, Net – The fair value measurement for certain collateral dependent loans that are individually evaluated for credit loss was described earlier in this note. For the remaining portfolio, fair values were generally determined by discounting scheduled cash flows using discount rates determined with reference to current market rates at which loans with similar terms would be made to borrowers of similar credit quality. Loans Held For Sale – These loans are either carried under the fair value option or at the lower of cost or market. Given the short duration of these instruments, the carrying amount is considered a reasonable estimate of fair value. Deposits – The accounting guidance requires that the fair value of deposits with no stated maturity, such as noninterest-bearing demand deposits and interest-bearing checking and savings accounts, be assigned fair values equal to amounts payable upon demand (carrying amounts). The fair value of fixed-maturity certificates of deposit is estimated using the rates currently offered for deposits of similar remaining maturities. Federal Funds Purchased and Securities Sold under Agreements to Repurchase– For these short-term liabilities, the carrying amount is a reasonable estimate of fair value. Short-Term FHLB Borrowings – FHLB borrowings at December 31, 2025 consisted of one short-term fixed rate borrowings (two calendar days outstanding); as such, the carrying amount of the instrument is a reasonable estimate of fair value. There were no FHLB borrowings at December 31, 2024 Long-Term Debt – The fair value is estimated by discounting the future contractual cash flows using current market rates at which debt with similar terms could be obtained. Derivative Financial Instruments – The fair value measurement for derivative financial instruments is described earlier in this note. The following tables present the estimated fair values of the Company’s financial instruments by fair value hierarchy levels and the corresponding carrying amounts.
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| Condensed Financial Information Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Condensed Parent Company Information | Note 22. Condensed Parent Company Information The following condensed financial statements reflect the accounts and transactions of Hancock Whitney Corporation only: Condensed Balance Sheets
Condensed Statements of Income
Condensed Statements of Cash Flows
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Subsequent Event |
12 Months Ended |
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Dec. 31, 2025 | |
| Subsequent Events [Abstract] | |
| Subsequent Event | Note 23. Subsequent Event
Subsequent to December 31, 2025, in January 2026, the Company completed a restructuring of its available for sale investment securities portfolio, whereby lower-yielding securities were sold and the proceeds were reinvested in higher-yielding securities. The portfolio restructure included the sale of securities with an amortized cost of $1.5 billion for proceeds of $1.4 billion, resulting in a net pre-tax loss of approximately $98.5 million that will be reflected in earnings for the quarter ending March 31, 2026. Management has evaluated this portfolio restructure in accordance with ASC 855, Subsequent Events, and determined that it represents a nonrecognized subsequent event that did not require an adjustment to the accompanying consolidated financial statements as of December 31, 2025. |
Summary of Significant Accounting Policies and Recent Accounting Pronouncements (Policies) |
12 Months Ended |
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Dec. 31, 2025 | |
| Accounting Policies [Abstract] | |
| Description of Business | DESCRIPTION OF BUSINESS Hancock Whitney Corporation (the “Company”) is a financial services company headquartered in Gulfport, Mississippi that is both a financial holding company and a bank holding company registered under the Bank Holding Company Act of 1956, as amended. The Company provides a comprehensive and fully integrated suite of financial choices to customers through its bank subsidiary, Hancock Whitney Bank (the “Bank”), a Mississippi state bank. The Bank offers a broad range of traditional and online banking services to commercial, small business and retail customers, providing a variety of transaction and savings deposit products, treasury management services, secured and unsecured loan products (including revolving credit facilities), and letters of credit and similar financial guarantees. The Bank also provides access to trust and investment management services to retirement plans, corporations and individuals, as well as investment advisory and brokerage products. In addition, the Company offers its customers access to fixed annuity and life insurance products and investment management and other services through its limited purpose broker-dealer subsidiary, Hancock Whitney Investment Services, Inc., a nonbank subsidiary of the holding company. The Company primarily operates across the Gulf South region, including southern and central Mississippi; southern and central Alabama; southern, central and northwest Louisiana; the northern, central, and panhandle regions of Florida; and certain areas of east and northeast Texas. In addition, the Company operates loan and deposit production offices in the metropolitan areas of Nashville, Tennessee and Atlanta, Georgia. |
| Basis of Presentation | Basis of Presentation The consolidated financial statements include the accounts of the Company and all other entities in which the Company has a controlling interest. Variable interest entities for which the Company has been deemed the primary beneficiary are also consolidated. Significant intercompany transactions and balances have been eliminated in consolidation. Certain prior period amounts have been reclassified to conform to the current-period presentation. The presentation of our income tax effective rate reconciliation, as presented in Note 15 – Income Taxes, as well as income taxes paid on the face of the Consolidated Statement of Cash Flows has been modified from prior filings with the retroactive adoption of Accounting Standards Update (ASU) 2023-09. See further discussion of ASU 2023-09 in the Recent Accounting Pronouncement section later in this footnote. |
| Use of Estimates | Use of Estimates The accounting principles the Company follows and the methods for applying these principles conform to U.S. GAAP and general practices followed by the banking industry. These accounting principles and practices require management to make estimates and assumptions about future events that affect the amounts reported in the consolidated financial statements and the accompanying notes. Actual results could differ from those estimates. |
| Fair Value Accounting | Fair Value Accounting Fair value is generally defined as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in an orderly transaction between market participants at the measurement date under current market conditions. U.S. GAAP requires the use of fair values in determining the carrying values of certain assets and liabilities in the financial statements, as well as for specific disclosures about certain assets and liabilities. Accounting guidance establishes a fair value hierarchy that prioritizes the inputs to the valuation techniques used to measure fair value, giving preference to quoted prices in active markets (level 1) and the lowest priority to unobservable inputs such as a reporting entity’s own data or information or assumptions developed from this data (level 3). Level 2 inputs include quoted prices for similar assets or liabilities in active markets, quoted prices for identical assets or liabilities in markets that are not active, observable inputs other than quoted prices, such as interest rates and yield curves, and inputs that are derived principally from or corroborated by observable market data by correlation or other means. |
| Business Combinations | Business Combinations Business combinations are accounted for under the purchase method of accounting. Purchased assets, including identifiable intangibles, and assumed liabilities are recorded at their respective acquisition date fair values. If the fair value of net assets purchased exceeds the consideration given, a bargain purchase gain is recognized. If the consideration given exceeds the fair value of the net assets received or if the fair value of the net liabilities assumed exceeds the consideration received, goodwill is recognized. Fair values are subject to refinement for up to one year after the closing date of an acquisition as information relative to closing date fair values becomes available. Acquisition costs are expensed as incurred. All identifiable intangible assets that are acquired in a business combination are recognized at the acquisition date fair value. Identifiable intangible assets are recognized separately if they arise from contractual or other legal rights or if they are separable (i.e., capable of being sold, transferred, licensed, rented, or exchanged separately from the entity). |
| Cash and Due from Banks | Cash and Due from Banks The Company considers only cash on hand, cash items in process of collection and noninterest-bearing balances due from financial institutions as cash and due from banks. |
| Securities | Securities Securities are classified as trading, held to maturity or available for sale. Management determines the appropriate classification of debt and equity securities at the time of purchase and reevaluates this classification periodically as conditions change that could require reclassification. Available for sale securities are stated at fair value. Unrealized holding gains and unrealized holding losses are reported net of tax in other comprehensive income or loss and in accumulated other comprehensive income or loss (AOCI) until realized. Securities that the Company both positively intends and has the ability to hold to maturity are classified as securities held to maturity and are carried at amortized cost. The intent and ability to hold are not considered satisfied when a security is available to be sold in response to changes in interest rates, prepayment rates, liquidity needs or other reasons as part of an overall asset/liability management strategy. Premiums and discounts on securities, both those held to maturity and those available for sale, are amortized and accreted to income as an adjustment to the securities’ yields using the effective interest method. Realized gains and losses on the sale of securities are reported net as a component of noninterest income. The cost of securities sold is specifically identified for use in calculating realized gains and losses. Credit Losses on Securities At least quarterly, or more often when warranted, the Company performs an assessment of held to maturity debt securities for expected credit losses and available for sale debt securities for credit-related impairment, resulting in an allowance for credit losses, if applicable. The Company applies the practical expedient to exclude the accrued interest receivable balance from amortized cost basis of securities. The allowance for credit losses on held to maturity debt securities is estimated at the individual security level when there is a more than inconsequential risk of default. The assessment uses probability of default and loss given default models based on public ratings, where available, or mapped internally developed risk grades to public ratings and forecasted cash flows using the same economic forecasts and probability weighting as used for the Company’s evaluation of the loan portfolio. Qualitative adjustments to the output of the quantitative calculation are made when management deems it necessary to reflect differences in current and forecasted conditions as compared to those during the historical loss period used in model development. The Company evaluates credit impairment on available for sale debt securities at an individual security level. This evaluation is done for securities whose fair value is below amortized cost with a more than inconsequential risk of default and where the Company has assessed the decline in fair value is significant enough to suggest a credit event occurred. Credit events are generally assessed based on adverse conditions specifically related to the security, an industry, or geographic area, changes in the financial condition of the issuer of the security, or in the case of an asset-backed debt security, changes in the financial condition of the underlying loan obligors. The allowance for credit losses for such securities is measured using a discounted cash flow methodology, through which management compares the present value of expected cash flows with the amortized cost basis of the security. The allowance for credit loss is limited to the amount by which the fair value is less than the amortized cost basis. The Company records changes in the allowance for credit losses on securities with a corresponding adjustment recorded in the provision for credit losses. If the Company intends to sell the debt security, or more likely than not will be required to sell the security before recovery of its amortized cost basis, the security is charged down to fair value against the allowance for credit losses, with any incremental impairment reported in earnings. |
| Loans | Loans Loans Held for Sale Residential mortgage loans originated for sale are classified as loans held for sale on the Consolidated Balance Sheets. The Company generally elects the fair value option on funded residential mortgage loans originated for sale that are associated with forward sales contracts. For mortgage loans for which the Company has elected the fair value option, gains and losses are included in noninterest income within secondary mortgage market operations. Held for sale loans also includes residential construction loans that are anticipated to be sold upon completion of the construction term. At times, management may originate other types of loans with the intent to sell or decide to sell loans that were not originated for that purpose. Such loans are reclassified as held for sale at the lower of cost or market when that decision is made. Loans Held for Investment Loans that the Company has the intent and ability to hold for the foreseeable future or until maturity or payoff are considered loans held for investment and reported as loans on the Consolidated Balance Sheets and in the related footnote disclosures. Loans held for investment include loans originated for investment and loans acquired in purchase transactions. Loans are reported at the principal balance outstanding net of unearned income. Interest on loans and accretion of unearned income, including net deferred loan fees and costs, are computed in a manner that approximates a level yield on recorded principal. Interest on loans is recognized in income as earned. The accrual of interest is discontinued (“nonaccrual status”) when, in management’s opinion, it is probable that the borrower will be unable to meet payment obligations as they become due, as well as when required by regulatory provisions. When accrual of interest is discontinued on a loan, all unpaid accrued interest is reversed and payments subsequently received are applied first to recover principal. Interest income is recognized for payments received after contractual principal has been satisfied. Loans are returned to accrual status when all the principal and interest contractually due are brought current and future payment performance is reasonably assured. Acquired Loans Acquired loans are segregated between those purchased with credit deterioration (PCD) and those that are not (non-PCD). Loans considered PCD include those individual loans (or groups of loans with similar risk characteristics) that, as of the date of acquisition, are assessed as having experienced a more-than-insignificant deterioration in credit quality since origination. The assessment of what is more-than-insignificant credit deterioration since origination considers information including, but not limited to, financial assets that are delinquent, on nonaccrual and/or otherwise adversely risk rated as of the acquisition date, those that have been downgraded since origination, and those for which, after origination, credit spreads have widened beyond the threshold specified in policy. For PCD loans, the Company bifurcates the fair value discount between the credit and noncredit components and the credit portion of the fair value discount is added to the initial amortized cost basis with a corresponding increase to the allowance for credit losses at the date of acquisition. Any noncredit discount or premium resulting from acquiring loans with credit deterioration is allocated to each individual asset. All non-PCD loans acquired are recorded at the estimated fair value of the loan at acquisition, with the estimated allowance for credit loss recorded as a provision for credit losses through earnings in the period in which the acquisition has occurred. The noncredit discount or premium for PCD loans and full discount for non-PCD loans will be accreted to interest income using the interest method based on the effective interest rate at the acquisition date. Modifications of Loans to Borrowers Experiencing Financial Difficulty As part of our loss mitigation efforts, we may provide modifications to borrowers experiencing financial difficulty to improve long-term collectability of the loans and to avoid the need for repossession or foreclosure of collateral. Accounting standards require monitoring and reporting of certain qualifying modifications, including renewals and refinancings where the borrowers are experiencing financial difficulty (MEFDs). Qualifying modifications are interest rate reductions, other-than-insignificant payment delays, term extensions, or any combination of these terms. Our MEFD policy generally considers six months or less to be the time frame that is considered insignificant for payment delays and/or term extensions. Multiple payment delays and/or term extensions to borrowers experiencing financial difficulty within a twelve-month period are evaluated collectively. Qualifying modified loans are subject to reporting requirements for the twelve-month period following the modification. MEFDs can continue to accrue interest, move to nonaccrual, remain on nonaccrual or return to accrual, depending on the individual facts and circumstances of the borrower. The Company has elected to evaluate these modified loans for credit loss consistent with policies for the non-modified portfolio, which includes individually evaluating for specific reserves all nonaccrual MEFDs over our existing materiality threshold and collectively evaluating credit loss for all other MEFDs, including those that continue to accrue interest. The credit loss methodology for MEFDs is the same as described in the Allowance for Credit Losses section that follows. |
| Allowance for Credit Losses | Allowance for Credit Losses The allowance for credit losses (ACL) is comprised of the allowance for loan and lease losses (ALLL), a valuation account available to absorb losses on loans and leases held for investment, and the reserve for unfunded lending commitments, a liability established to absorb credit losses for the expected life of the contractual term of off-balance sheet exposures as of the date of the determination. Quarterly, management estimates losses in the portfolio and unfunded exposures based on a number of factors, including the Company’s past loan loss experience, known and potential risks in the portfolio, adverse situations that may affect the borrowers’ ability to repay, the estimated value of any underlying collateral, and current and forecasted economic conditions. The analysis and methodology for estimating the ACL includes two primary elements: a collective approach for pools of loans that have similar risk characteristics using a loss rate analysis, and a specific reserve analysis for credits individually evaluated for credit loss. For the collective approach, the Company segments loans into commercial non-real estate, commercial real estate – owner occupied, commercial real estate – income producing, construction and land development, residential mortgage and consumer, with further segmentation by region and sub-portfolio, as deemed appropriate. Both quantitative and qualitative factors are applied at the portfolio segment levels. The Company applies the practical expedient that permits the exclusion of the accrued interest receivable balance from amortized cost basis of financing receivables for all classes of loans as our nonaccrual policy results in the timely write-off of interest accrued but uncollected. For the collectively evaluated portfolios, the Company utilizes internally developed credit models and third-party economic forecasts to estimate expected credit losses over a reasonable and supportable forecast period for the majority of the portfolio and other methods, generally historical loss based, for select portfolios. The Company estimates a collective allowance for a two-year reasonable and supportable forecast period utilizing probability weighted multiple macroeconomic scenarios, and then reverts on a linear basis over four quarters to an average historical loss rate for the remaining term. The credit models consist primarily of multivariate regression and autoregressive models that correlate our historical net charge-off rates with select macroeconomic variables at a collective level. Forward-looking macroeconomic forecasts are applied as inputs to the credit models to predict quarterly collective net charge-off rates over the reasonable and supportable period. The net charge-off rates from the credit models for the reasonable and supportable period, the linear reversion rates, and the average historical loss rates for the post reasonable and supportable periods are applied to forecasted balance runoff for the estimated remaining term. The balance runoff incorporates prepayment assumptions developed from historical experience that are applied to the multiple macroeconomic forecasts. Forecasted net charge-off rates are also applied to forecasted draws and subsequent runoff of unfunded commitments in the estimate of the reserve for unfunded lending commitments. Qualitative adjustments to the output of quantitative estimates are made when management deems it necessary to reflect differences in current and forecasted conditions as compared to those during the historical loss period used in model development. Conditions to be considered include, but are not limited to, problem loan trends, current business and economic conditions, credit concentrations, lending policies and procedures, lending staff, collateral values, loan profiles and volumes, loan review quality, changes in competition and regulations, and other adjustments for model limitations or other variables not specifically captured. The Company establishes specific reserves using an individually evaluated approach for nonaccrual loans and any other financial instruments that are deemed to not share risk characteristics with other collectively evaluated financial assets. For loans individually evaluated, a specific allowance is recognized for any shortfall between the loan’s value and its recorded investment. The loan’s value is measured by either the loan’s observable market price, the fair value of the collateral of the loan (less liquidation costs) if it is collateral dependent, or by the present value of expected future cash flows discounted at the loan’s effective interest rate. The Company applies the practical expedient and defines collateral dependent loans as those where the borrower is experiencing financial difficulty and on which repayment is expected to be provided substantially through the operation or sale of the collateral. Loans individually analyzed are not incorporated into the collective analysis to avoid double counting. The Company limits the individually evaluated specific reserve analysis to include commercial and residential mortgage loans with relationship balances of $1 million or greater. It is the policy of the Company to promptly charge off all commercial and residential mortgage loans, or portions of loans, when available information reasonably confirms that they are wholly or partially uncollectible. Prior to recording a charge, the loan’s value is established based on an assessment of the value of the collateral securing the loan, the borrower’s and the guarantor’s ability and willingness to pay, and the status of the account in bankruptcy court, if applicable. Consumer loans are generally charged down when the loan is 120 days past due for most secured and unsecured loans and 150 days past due for consumer credit card loans, unless the loan is clearly both well secured and in the process of collection. Loans are charged down to the fair value of the collateral, if any, less estimated selling costs. Loans are charged off against the allowance for loan losses, with subsequent recoveries added back to the allowance. |
| Property and Equipment | Property and Equipment Property and equipment are recorded at cost, less accumulated depreciation and amortization. Depreciation is charged to expense using the straight-line method over the estimated useful lives of the assets, which are up to 30 years for buildings and to ten years for most furniture and equipment. Amortization expense for software is generally charged over three years, or seven years for core systems. Leasehold improvements are amortized over the terms of the respective leases or the estimated useful lives of the improvements, whichever is shorter. The Company evaluates whether events and circumstances have occurred that indicate that such long-lived assets have been impaired. Measurement of any impairment of such long-lived assets is based on their fair values. Property and equipment used in operations is considered held for sale when certain criteria are met, including when management has committed to a plan to sell the asset, the asset is available for sale in its immediate condition, and the sale is probable within one year of the reporting date. Assets held for sale are reported at the lower of cost or fair value less costs to sell. Gains and losses related to retirement or disposition of property and equipment are recorded in the consolidated statements of income as realized, reflected in either other income under noninterest income or other expense under noninterest expense, depending on the nature of the item. |
| Operating Leases | Operating Leases The Company recognizes a liability representing the present value of future lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset over the lease term in the Consolidated Balance Sheets. The Company determines if an arrangement is a lease at inception of the contract and assesses the appropriate classification as finance or operating. Operating leases with terms greater than one year are included in right-of-use lease assets and lease obligations on the Company’s Consolidated Balance Sheets. The lease term includes payments to be made in optional or renewal periods only if the lessee is reasonably certain to exercise an option to extend the lease or not to exercise an option to terminate the lease. Operating lease right-of-use assets and lease liabilities are recognized at commencement date based on the present value of lease payments over the lease term using the interest rate implicit in the contract, when available, or the Company’s incremental collateralized borrowing rate with similar terms. Agreements with both lease and non-lease components are accounted for separately, with only the lease component capitalized. The right-of-use asset is the amount of the lease liability adjusted for prepaid or accrued lease payments, remaining balance of any lease incentives received, unamortized initial direct costs, and impairment. Lease expense is recorded on a straight-line basis over the lease term through amortization of the right-of-use asset plus implicit interest accreted on the operating lease liability obligation, and is reflected in net occupancy expense in the Consolidated Statements of Income. The Company evaluates whether events and circumstances have occurred that indicate right-of-use assets have been impaired. Measurement of any impairment of such assets is based on their fair values. Once a right-of-use asset for an operating lease is impaired, the carrying amount of the right-of-use asset is reduced through expense and the remaining balance is subsequently amortized on a straight-line basis. Certain of the Company’s leases contain variable components, such as annual changes to rent based on the consumer price index. Operating lease liabilities are not re-measured as a result of changes to variable components unless the lease must be re-measured for some other reason such as a renewal that was not reasonably certain of being exercised. Changes to the variable components are treated as variable lease payments and recognized in the period in which the obligation for those payments was incurred. As allowed in the transition guidance in Topic 842, "Leases," the Company elected to use the standard’s “package of practical expedients,” which allowed for the use of previous conclusions about lease identification, lease classification and the accounting treatment for initial direct costs. The Company also elected the short-term lease recognition exemption for all leases with lease terms of one year or less; as such, the Company does not recognize right-of-use assets or lease liabilities on the consolidated balance sheet for such leases. |
| Other Real Estate and Foreclosed Assets | Other Real Estate and Foreclosed Assets Other real estate and foreclosed assets includes real property and other assets that have been acquired in satisfaction of loans and leases, as well as real property no longer used in the Bank’s business. These assets are recorded at the estimated fair value less the estimated cost of disposition and carried at the lower of either cost or market. Fair value is based on independent appraisals and other relevant factors. Any initial reduction in the carrying amount of a loan to the fair value of the collateral received less selling costs is charged to the allowance for loan losses. Each asset is revalued on an annual basis, or more often if market conditions necessitate. Subsequent losses on the periodic revaluation of these assets and gains or losses recognized on disposition are charged to current earnings, as are revenues from and costs of operating and maintaining real property; with the resulting net (income) expense reflected in noninterest expense in the Consolidated Statements of Income. Improvements made to real property are capitalized if the expenditures are expected to be recovered upon the sale of the property. |
| Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets Goodwill represents the excess of consideration paid over the fair value of net assets acquired or the excess of the fair value liabilities assumed over consideration received in a business combination. Goodwill is not amortized but assessed for impairment on an annual basis, or more often if events or circumstances indicate there may be impairment. Accounting guidance permits the Company to first assess qualitative factors to determine if it is more likely than not that the fair value of a reporting unit exceeds its carrying value. If the Company determines it is more likely than not that the fair value exceeds book value, then a quantitative impairment test is not necessary. If the Company elects to bypass the qualitative assessment, or concludes that it is more likely than not that the fair value is less than the carrying value, a quantitative goodwill impairment test is performed. In addition, absent any triggering events, a quantitative impairment test will be performed every three years to ensure goodwill is periodically reviewed within a reasonable timeframe. The quantitative impairment test compares the estimated fair value of a reporting unit with its net book value. The Company has assigned all goodwill to one reporting unit that represents overall banking operations. The fair value of the reporting unit is based on valuation techniques that market participants would use in an acquisition of the whole unit, and may include analysis such as estimated discounted cash flows, the quoted market price of the Company’s stock adjusted for a control premium, and observable average price-to-earnings and price-to-book multiples of competitors. If the unit’s fair value is less than its carrying value, an estimate of the implied fair value of the goodwill is compared to the goodwill’s carrying value, and any impairment is recognized. Other identifiable intangible assets with finite lives, such as core deposit intangibles, customer lists and trade names, are initially recorded at fair value and are generally amortized over the periods benefited. These assets are evaluated for impairment in a similar manner to long-lived assets. |
| Life Insurance Contracts | Life Insurance Contracts Bank-owned life insurance contracts (BOLI) are comprised of long-term life insurance contracts on the lives of certain current and past employees where the insurance policy benefits and ownership are retained by the employer. Its cash surrender value is an asset that the Company uses to partially offset the future cost of employee benefits. The cash value accumulation on BOLI is permanently tax deferred if the policy is held to the insured person’s death and certain other conditions are met. |
| Federal Home Loan Bank Stock | Federal Home Loan Bank Stock As a member of the Federal Home Loan Bank (FHLB), the Company is required to purchase and hold shares of capital stock in the FHLB in an amount equal to a membership investment plus an activity-based investment determined according to the level of outstanding FHLB advances. The shares are recorded at amortized cost, which approximates fair value, and is reflected in Other Assets in the Consolidated Balance Sheets. |
| Derivative Instruments and Hedging Activities | Derivative Instruments and Hedging Activities The Company records all derivatives on the Consolidated Balance Sheets at fair value as components of other assets and other liabilities. The accounting for changes in the fair value of derivatives depends on the intended use of the derivative, whether the Company has elected to designate a derivative in a hedging relationship and apply hedge accounting and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. Derivatives designated and qualifying as a hedge of the exposure to changes in the fair value of an asset, liability, or firm commitment attributable to a particular risk, such as interest rate risk, are considered fair value hedges. Derivatives designated and qualifying as a hedge of the exposure to variability in expected future cash flows, or other types of forecasted transactions, are considered cash flow hedges. Hedge accounting generally provides for the matching of the timing of gain or loss recognition on the hedging instrument with the recognition of the changes in the fair value of the hedged asset or liability that are attributable to the hedged risk in a fair value hedge or the earnings effect of the hedged forecasted transactions in a cash flow hedge. For derivatives designated as hedging the exposure to changes in the fair value of an asset or liability (fair value hedge), the gain or loss is recognized in earnings in the period of the fair value change together with the offsetting loss or gain on the hedged item attributable to the risk being hedged. Derivatives designated as hedging exposure to variable cash flows of a forecasted transaction (cash flow hedge), are reported as a component of other comprehensive income or loss and subsequently reclassified into earnings when the forecasted transaction affects earnings or, in certain circumstances, when the hedge is terminated, with the full impact of hedge gains and losses recognized in the period in which the hedged transaction impacts the entity’s earnings. For derivatives that are not designated as hedging instruments, changes in the fair value of the derivatives are recognized in earnings immediately. Note 12 - Derivatives describes the derivative instruments currently used by the Company and discloses how these derivatives impact the Company’s financial condition and results of operations. |
| Stockholders' Equity | Stockholders’ Equity Common stock reflects shares issued at par value. Repurchase of the Company’s common stock (treasury stock) is recorded at cost as a reduction of stockholders’ equity within capital surplus in the accompanying Consolidated Balance Sheets and the Statements of Changes in Stockholders’ Equity. When treasury shares are subsequently reissued, treasury stock is reduced by the cost of such stock using the first-in-first-out method, with the difference recorded in capital surplus or retained earnings, as applicable. |
| Revenue Recognition | Revenue Recognition Interest Income Interest income is recognized on an accrual basis driven by written contracts, such as loan agreements or securities contracts. Loan origination fees and costs are recognized over the life of the loan as an adjustment to yield. Unamortized premiums, discounts and other basis adjustments on loans and investment securities are recognized in interest income as a yield adjustment over the contractual lives. However, premiums for certain callable investment securities are amortized to the earliest call date. Service Charges on Deposit Accounts Service charges on deposit accounts include transaction-based fees for nonsufficient funds, account analysis fees, and other service charges on deposits, including monthly account service fees. Nonsufficient funds fees are recognized at the time when the account overdraft occurs in accordance with regulatory guidelines. Account analysis fees consist of fees charged on certain business deposit accounts based upon account activity as well as other monthly account fees, and are recorded under the accrual method of accounting as services are performed. Other service charges are earned by providing depositors safeguard and remittance of funds as well as by providing other elective services for depositors that are performed upon the depositor’s request. Charges for deposit services for the safeguard and remittance of funds are recognized at the end of the statement cycle, after services are provided, as the customer retains funds in the account. Revenue for other elective services is earned at the point in time the customer uses the service. Trust Fees Trust fee income represents revenue generated from asset management services provided to individuals, businesses, and institutions. The Company has a fiduciary responsibility to the beneficiary of the trust to perform agreed upon services which can include investing assets, periodic reporting, and providing tax information regarding the trust. In exchange for these trust and custodial services, the Company collects fee income from beneficiaries as contractually determined via fee schedules. The Company’s performance obligation is primarily satisfied over time as the services are performed and provided to the customer. These fees are recorded under the accrual method of accounting as the services are performed. The Company generally acts as the principal in these transactions and records revenue and expenses on a gross basis. Bank Card and Automated Teller Machine (ATM) Fees Bank card and ATM fees include credit card, debit card and ATM transaction revenue. The majority of this revenue is card interchange fees earned through a third-party network. Performance obligations are satisfied for each transaction when the card is used and the funds are remitted. The network establishes interchange fees that the merchant remits for each transaction, and costs are incurred from the network for facilitating the interchange with the merchant. Card fees also include merchant services fees earned for providing merchants with card processing capabilities. ATM income is generated from allowing customers to withdraw funds from other banks’ machines and from allowing a non-customer cardholder to withdraw funds from the Company’s machines. The Company satisfies its performance obligations for each transaction at the point in time that the withdrawal is processed. Bank card and ATM fee income is recorded on accrual basis as services are provided with the related expense reflected in data processing expense. Investment and Annuity Fees and Insurance Commissions Investment and annuity services fee income represents income earned from investment, annuity, insurance and advisory services. The Company provides its customers with access to these products using a third-party broker dealer that provides full-service brokerage, insurance and investment advisory activities to meet their financial needs and investment objectives. As the agent in the arrangement, the Company recognizes service commissions on a net basis. Upon selection of a product, the customer enters into an agreement with the third-party service provider. The performance obligation is satisfied by fulfilling its responsibility to place customers in the product for which a commission fee is earned from our third-party service provider based on agreed-upon fee percentages. Fees are recorded on a trade date basis, net of any associated costs. Investment revenue also includes portfolio management fees, which represent quarterly fees charged on a contractual basis to customers for the management of their investment portfolios and are recorded under the accrual method of accounting. This revenue line item also includes investment banking income, which includes fees for services arising from securities offerings or placements in which the Company acts as a principal. Revenue is recognized at the time the underwriting is completed and the revenue is reasonably determinable. Any costs associated with these transactions are reflected in the appropriate expense line item. Insurance commission revenue is recognized as of the effective date of the insurance policy, as the Company’s performance obligation is connecting the customer to the insurance products. Fees for policy renewals are recognized when determinable, which is generally when such commissions are received or when we receive data from our third-party service provider that allows the reasonable estimation of these amounts. As the Company is agent in these transactions, expenses are recorded net in this revenue line item. Secondary Mortgage Market Operations Secondary mortgage market operations revenue is primarily comprised of service release premiums earned on the sale of closed-end mortgage loans to other financial institutions or government agencies that are recognized in revenue as each sales transaction occurs. This revenue line item also includes derivative income associated with our mortgage banking operations. Refer to Note 12 – Derivatives for a discussion of these derivative instruments. Securities Transactions, net Securities transactions include net realized gain (losses) on securities sold reflecting the excess (deficiency) of proceeds received over the specifically identified carrying amount of the assets being sold plus cost to sell. Securities sales are recorded as each transaction occurs on a trade-date basis. Income from Bank-Owned Life Insurance Bank-owned life insurance income primarily represents income earned from the appreciation of the cash surrender value of insurance contracts held and the proceeds of insurance benefits. Revenue from the proceeds of insurance benefits is recognized at the time a claim is confirmed. Credit Related Fees Credit-related fee income is primarily composed of letter of credit fees and unused commercial commitment fees. Revenue for letters of credit fees is recognized over time. Revenue for unused commercial commitment fees are recognized based on contractual terms, generally when collected. Income from Derivatives Income from derivatives consists primarily of income from interest rate swaps, net of fair value adjustments for customer derivatives and the related offsetting agreements with unrelated financial institutions for which the derivative instruments are not designated as hedges. Net Gains on Sales of Premises, Equipment and Other Assets Net gains on sales of premises, equipment and other assets consists primarily of net revenue earned from sales of excess-bank owned facilities and equipment no longer in use, gains on sales of non-residential mortgage loans and leases and other assets associated with the equipment finance line of business. Gains or losses are generally recognized when the asset has been legally transferred to the buyer, net of costs to sell. Other Miscellaneous Income Other miscellaneous income represents a variety of revenue streams, including safe deposit box income, wire transfer fees, syndication fees, and any other income not reflected above. Income is recorded once the performance obligation is satisfied, generally on the accrual basis or on a cash basis if not material and/or considered constrained. |
| Advertising Costs | Advertising Costs Advertising costs are expensed as incurred and recorded as a component of noninterest expense. |
| Income Taxes | Income Taxes Income taxes are accounted for using the asset and liability method. Current tax liabilities or assets are recognized for the estimated income taxes payable or refundable on tax returns to be filed with respect to the current year. Deferred tax assets and liabilities are based on temporary differences between the financial statement carrying amounts and the tax bases of the Company’s assets and liabilities. Deferred tax assets and liabilities are measured using the enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be realized or settled. Valuation allowances are established against deferred tax assets if, based on all available evidence, it is more likely than not that some or all of the assets will not be realized. The benefit of a position taken or expected to be taken in a tax return is recognized when it is more likely than not that the position will be sustained on its technical merits. The effects of changes in tax rates and laws upon deferred tax balances are recognized in the period in which the legislation is enacted. The Company makes investments that generate solar investment tax credits (solar ITC). The Company uses the deferral method of accounting for solar ITC investments whereby the tax benefit from the investment tax credits is recognized as a reduction of the book basis of the related asset and is amortized into income over the tax life of the underlying investment. The Company also made investments in projects that yield tax credits issued under the Qualified Zone Academy Bonds (QZAB) and Qualified School Construction Bonds (QSCB) prior to December 31, 2017, as well as Federal and State New Market Tax Credit (NMTC) programs. Returns on these investments are generated through the receipt of federal and state tax credits. The tax credits are recorded as a reduction to the income tax provision in the year that they are earned. Tax credits from QZAB and QSCB bonds are generally earned over the life of the bonds in lieu of interest income. Credits on Federal NMTC investments are earned over the seven-year compliance period beginning with the year of investment. Credits on State NMTC investments are generally earned over a three to five-year period depending upon the specific state program. The Company has elected not to apply the proportional amortization method to the qualifying NMTC program for any existing and future eligible investments. As such, any investment income, gains and losses, and tax credits are presented gross in the statement of income, where income and gains and losses on the investment are reported as a component of pre-tax book income/loss while the tax credits are reported as a component of income tax expense. The election for any eligible future investments in other tax credit programs will be made at the time of investment. The Company also invests in affordable housing projects that generate low-income tax credits (LIHTC) that are earned over a 10-year period, beginning with the year the rental activity begins. The Company has elected to use the practical expedient method to amortize the investment cost, which approximates the proportional amortization method, over the 10-year tax credit period. With the exception of QZAB and QSCB tax credits, all of the tax credits described above can be carried back one-year and carried forward 20 years if the credit cannot be fully used in the year the credits first become available for use. QZAB and QSCB tax credits generally can be carried forward indefinitely if they cannot be fully used in the year the credits are generated. |
| Retirement Benefits | Retirement Benefits The Company sponsors defined benefit pension plans and certain other defined benefit postretirement plans for eligible employees. The amounts reported in the consolidated financial statements with respect to these plans are based on actuarial valuations that incorporate various assumptions regarding future experience under the plans. Note 18 – Retirement Benefit Plans discusses the actuarial assumptions and provides information about the liabilities or assets recognized for the funded status of the Company’s obligations under these plans, the net benefit expense charged to current operations, and the amounts recognized as a component of other comprehensive income or loss and AOCI. |
| Share-Based Payment Arrangements | Share-Based Payment Arrangements The grant date fair value of equity instruments awarded to employees and directors establishes the cost of the services received in exchange, and the cost associated with awards that are expected to vest is recognized over the requisite service period. Share-based compensation for service-based awards that contain a graded vesting schedule is recognized on a straight-line basis over the requisite service period for the entire award. Forfeitures of unvested awards are recognized in earnings in the period in which they occur. Refer to Note 19 – Share-Based Payment Arrangements for additional information. |
| Earnings (Loss) per Common Share | Earnings (Loss) per Common Share The Company computes earnings (loss) per share using the two-class method. The two-class method allocates net income to each class of common stock and participating security according to the common dividends declared and participation rights in undistributed earnings. For reporting periods in which a net loss is recorded, net loss is not allocated to participating securities because the holders of such securities bear no contractual obligation to fund or otherwise share in the loss. Participating securities currently consist of unvested share-based payment awards that contain nonforfeitable rights to dividends or dividend equivalents. Basic earnings (loss) per common share is computed by dividing income or loss available to common shareholders by the weighted-average number of common shares outstanding for the applicable period. Shares outstanding exclude treasury shares and unvested share-based payment awards under long-term incentive compensation plans and directors’ compensation plans. Diluted earnings per common share is computed using the weighted-average number of common shares outstanding increased by (1) the number of shares in which employees would vest under performance-based stock awards and stock unit awards based on expected performance factors and (2) the number of additional shares that would have been issued if potentially dilutive stock options were exercised; each as determined using the treasury stock method. For reporting periods in which a net loss is recorded, no effect is given to potentially dilutive shares as the impact of such shares would be anti-dilutive. |
| Reportable Segment Disclosures | Reportable Segment Disclosures U.S. GAAP requires that information be reported about a company’s operating segments using a “management approach.” Reportable segments are identified in these standards as those revenue-producing components for which discrete financial information is produced internally and which are subject to evaluation by the chief operating decision maker in deciding how to allocate resources to segments. The Company’s stated strategy is to provide a consistent package of banking products and services throughout a coherent market area; as such, the Company has identified its overall banking operations as its only reportable segment. Because the overall banking operations comprise substantially all of the Company’s consolidated operations, no separate financial segment disclosures are presented. See additional segment disclosure information in Note 17 – Segment Reporting. |
| Other | Other Assets held by the Bank in a fiduciary capacity are not assets of the Bank and are not included in the Consolidated Balance Sheets. |
| Recent Accounting Pronouncements | RECENT ACCOUNTING PRONOUNCEMENTS Accounting Standards Adopted in 2025 In December 2023, the FASB issued ASU 2023-09 "Income Taxes (Topic 740): Improvements to Income Tax Disclosures," to enhance the transparency and decision usefulness of income tax disclosures by requiring additional categories of information about federal, state, and foreign income taxes to be included in the rate reconciliation and by requiring more detail to be disclosed on certain reconciling item categories that meet a quantitative threshold. Additionally, the amendment requires all entities to annually disclose disaggregated information about income taxes paid using specific quantitative thresholds and income tax expense (or benefit) from continuing operations. The amendments in this update are effective for annual periods beginning after December 15, 2024. Entities should apply the amendments on a prospective basis and retrospective application is permitted. The Company has adopted the standard and elected to apply retrospective application. Refer to Note 15 – Income Taxes for the required disclosures. As the update contains only amendments to disclosure requirements, adoption of this standard had no impact to the Company’s consolidated results of operations or financial condition. Accounting Standards Issued But Not Yet Adopted In November 2024, the FASB issued ASU 2024-03, “Income Statement – Reporting Comprehensive Income – Expense Disaggregation Disclosures (Subtopic 220-40),” to improve the disclosures about a public business entity’s expenses in commonly presented expense captions. The amendments in this update require disclosure of specified information about certain costs and expenses in the notes to financial statements. Disclosure requirements also include a qualitative description of the amounts remaining in relevant expense captions that are not separately disaggregated quantitatively, among other items. An entity is not precluded from providing additional voluntary disclosures that may provide investors with additional decision-useful information. This update, as amended, is effective for annual reporting periods beginning after December 15, 2026, and interim periods within annual reporting periods beginning after December 15, 2027. Early adoption is permitted. The amendments in this update should be applied either prospectively to financial statements issued for reporting periods after the effective date of this update, or retrospectively to any or all prior periods presented in the financial statements. The Company is currently assessing the provisions of this guidance. As the update contains only amendments to disclosure requirements, adoption will have no impact to the Company’s consolidated results of operations or financial condition. In September 2025, the FASB issued ASU 2025-06, “Intangibles – Goodwill and Other – Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software,” to modernize the accounting for software costs that are accounted for under Subtopic 350-40. The amendments in this update remove all references to prescriptive and sequential software development stages in Subtopic 350-40 and instead require an entity to begin capitalizing software costs when both of the following occur: (1) management has authorized and committed to funding the software project, and (2) it is probable that the project will be completed and the software will be used to perform the function. The amendment also provides factors to consider when evaluating probable-to-complete recognition thresholds and specifies that the disclosures in Subtopic 360-10, “Property, Plant and Equipment,” are required for all capitalized internal-use software. Further, the amendment supersedes website development costs guidance and incorporates the recognition requirements in this subtopic. The amendments in this update are effective for all entities for annual reporting periods beginning after December 15, 2027, and interim reporting periods within those annual reporting periods. Early adoption is permitted as of the beginning of an annual reporting period. Entities may apply a prospective transition approach, a modified transition approach or a retrospective approach. The Company is currently assessing the provisions of this guidance, but does not expect adoption to have a material impact to the Company’s consolidated results of operations or financial condition. In November 2025, the FASB issued ASU 2025-08, “Financial Instruments – Credit Losses (Topic 326): Purchased Loans,” to expand the population of acquired assets subject to the gross-up approach in Topic 326. Under the amendments in this update, loans (excluding credit cards) acquired without credit deterioration that are deemed “seasoned” are considered purchased seasoned loans and accounted for using the gross-up approach at acquisition. Non-purchased credit deteriorated loans (excluding credit cards) are seasoned if they are acquired in a business combination or were purchased at least 90 days after origination and the acquirer was not involved in the origination of the loans. Under the gross-up approach, the fair value discount is bifurcated between the credit and noncredit components, and the credit portion of the fair value discount is added to the initial amortized cost basis with a corresponding increase in the allowance for credit losses at the date of acquisition. Any noncredit premium or discount resulting from acquiring these seasoned loans is allocated to each individual asset and accreted or amortized to interest income using the effective yield method. Prior to this amendment, all non-purchased credit deteriorated loans acquired were recorded at the estimated fair value of the loan at acquisition, with the estimated allowance for credit loss recorded as a provision for credit losses through earnings in the period in which the acquisition occurred. The amendments in this update are effective for all entities for annual reporting periods beginning after December 15, 2026, and interim reporting periods within those annual reporting periods. The amendments should be applied prospectively to loans that are acquired on or after the initial application date. Early adoption is permitted in an interim or annual reporting period in which financial statements have not yet been issued or made available for issuance. The Company has elected to early adopt this standard as of January 1, 2026. As of the date of this filing there are no pending acquisitions, and therefore, the early adoption of this standard is not expected to have an impact on the Company’s consolidated results of operations or financial condition. In November 2025, the FASB issued ASU 2025-09, “Derivative and Hedging (Topic 815): Hedge Accounting Improvements,” to clarify certain aspects of the guidance on hedge accounting and to address several incremental hedge accounting issues arising from the global reference rate reform initiative. The update addresses five issues: (1) the ability to group individual forecasted transactions in a cash flow hedge, modifying the term “shared risk exposure” to “similar risk exposure;” (2) the ability to apply cash flow hedge accounting to “choose your rate” debt instruments; (3) the application of cash flow hedge accounting to forecasted purchases and sales of nonfinancial assets; (4) the use of net written options has hedging instruments; and (5) the mechanics of assessing hedge effectiveness for foreign-currency-denominated dual hedge strategies. This update is effective for public business entities in the interim and annual reporting periods beginning after December 15, 2026, with early adoptions permitted. Entities should apply the amendments on a prospective basis for all hedging relationships. An entity may elect to adopt the amendments for hedging relationships that exist as of the date of adoption. Upon adoption, entities are permitted to modify certain critical terms of certain existing hedging relationships without dedesignating the hedge. The Company is currently assessing the provisions of this guidance but does not expect adoption to have a material impact to the Company’s consolidated results of operations or financial condition. In December 2025, the FASB issued ASU 2025-11, “Interim Reporting (Topic 270): Narrow Scope Improvements," to improve interim reporting guidance in Topic 270 by improving the navigability of the required interim disclosures, clarifying when that guidance is applicable, and providing additional guidance on what disclosures should be provided in interim reporting periods. This update reorganizes and clarifies interim reporting guidance without expanding disclosure requirements. Key provisions include clarification of entities in scope of ASC 270, updates to the form and content requirements for condensed interim financial statements, and a new disclosure principle requiring disclosure of material events since year-end. This update is effective for public entities for interim reporting periods within annual reporting periods beginning after December 15, 2027, with early adoption permitted. The amendments in this update can be applied either prospectively or retrospectively to any or all prior periods presented in the financial statements. The Company is currently assessing the provisions of this guidance. As the update contains only clarification of disclosure requirements, adoption will have no impact to the Company’s consolidated results of operations or financial condition. |
Acquisition (Tables) |
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| Summary of Preliminary Acquisition Date Fair Value of Assets Acquired and Liabilities Assumed, Consideration Paid, and Resulting Goodwill | The following table sets forth the preliminary acquisition date fair value of the assets acquired and the liabilities assumed, the consideration paid, and the resulting goodwill as of December 31, 2025.
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Securities (Tables) |
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| Schedule Of Gain Loss On Investments Including Marketable Securities And Investments Held At Cost Income Statement Reported Amounts Summary [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Amortized Cost and Fair Value of Debt Securities Available for Sale |
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| Amortized Cost and Fair Value of Debt Securities Held to Maturity |
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| Proceeds from Gross Gains on and Gross Losses on Sale of Securities | The following table presents the proceeds from, gross gains on, and gross losses on sales of securities during the years ended December 31, 2025, 2024 and 2023. Net gains or losses are reflected in the "Securities transactions, net" line item on the Consolidated Statements of Income.
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| Available for Sale Securities [Member] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule Of Gain Loss On Investments Including Marketable Securities And Investments Held At Cost Income Statement Reported Amounts Summary [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Amortized Cost and Fair Value of Debt Securities by Contractual Maturity |
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| Securities with Unrealized Losses |
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| Held-to-maturity Securities [Member] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule Of Gain Loss On Investments Including Marketable Securities And Investments Held At Cost Income Statement Reported Amounts Summary [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Amortized Cost and Fair Value of Debt Securities by Contractual Maturity |
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| Securities with Unrealized Losses |
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Loans and Allowance for Credit Losses (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
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| Accounts Notes And Loans Receivable [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Loans, Net of Unearned Income |
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| Allowance for Credit Losses by Portfolio Class | The following schedules show activity in the allowance for credit losses by portfolio class for the years ended December 31, 2025, 2024 and 2023, as well as the allowance for credit loss by primary calculation method at the end of each period.
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| Composition of Nonaccrual Loans and Without an Allowance for Loan Loss by Portfolio Class | The following table shows the composition of nonaccrual loans and those without an allowance for loan losses, by portfolio class at December 31, 2025 and 2024.
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| Provides Detail by Portfolio Class for Reportable MEFDs | The tables below provide detail by portfolio class for reportable MEFDs entered into during the years ended December 31, 2025 2024 and 2023. Modified facilities are reported using the balance at the end of each period reported and are reflected only once in each table based on the type of modification or combination of modification.
(1) Includes interest rate reduction and a combination of interest rate reduction and term extension.
(1) Includes interest rate reduction and other than insignificant payment delays.
(1) Includes interest rate reduction and other than insignificant payment delays. |
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| Aging Analysis of Reportable Modifications To Borrowers Experiencing Financial Difficulty by Portfolio Class | The tables below present the aging analysis of reportable modifications to borrowers experiencing financial difficulty by portfolio class at December 31, 2025 and 2024.
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| Aging Analysis of Past Due Loans by Portfolio Class | The tables below present the aging analysis of past due loans by portfolio class at December 31, 2025 and 2024.
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| Credit Quality Indicators by Segment and Portfolio Class | The following tables present credit quality disclosures of amortized cost by class and vintage for term loans and by revolving and revolving converted to amortizing at December 31, 2025 and 2024. The Company defines vintage as the later of origination, renewal or modification date. The gross charge-offs presented in the tables that follow are for the years ended December 31, 2025 and December 31, 2024.
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| Total Commercial [Member] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accounts Notes And Loans Receivable [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Credit Quality Indicators by Segment and Portfolio Class | The following tables present the credit quality indicators by segment and portfolio class of loans at December 31, 2025 and 2024.
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| Residential Mortgage and Consumer [Member] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accounts Notes And Loans Receivable [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Credit Quality Indicators by Segment and Portfolio Class |
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Property and Equipment (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property, Plant and Equipment [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property and Equipment | Property and equipment consisted of the following at December 31, 2025 and 2024:
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Operating Leases (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Leases [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Summary of Supplemental Information Pertaining To Operating Leases and Lease Expense | The following tables present supplemental information pertaining to operating leases at and for the years ended December 31, 2025 and 2024.
The following table sets forth the components of the Company’s lease expense for the years ended December 31, 2025, 2024 and 2023.
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| Summary Maturities of Lease Liabilities and Present Value Discount | The following table sets forth the maturities of the Company’s lease liabilities and the present value discount at December 31, 2025.
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Goodwill and Other Intangible Assets (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill and Intangible Assets Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Carrying Value of Intangible Assets Subject to Amortization | Identifiable intangible assets with finite lives are amortized over the periods benefited and are evaluated for impairment similar to other long-lived assets. The purchase and carrying values of intangible assets subject to amortization at December 31, 2025 and 2024 were as follows:
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| Aggregate Amortization Expense | Aggregate amortization expense by category of finite lived intangible assets for the years ended December 31, 2025, 2024, and 2023 are as follows:
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| Estimated Amortization Expense of Other Intangible Assets | The following table shows estimated amortization expense of other intangible assets at December 31, 2025 for the succeeding years and all years thereafter, calculated based on current amortization schedules.
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Other Assets (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Other Assets [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Significant Balances Included in Other Assets | Significant balances included in Other Assets in the Consolidated Balance Sheets at December 31, 2025 and 2024 are presented below.
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Deposits (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Banking and Thrift, Interest [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Detailed Deposits | The following table presents a detail of deposits at December 31, 2025 and 2024:
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| Maturity of Time Deposits | The maturity of time deposits at December 31, 2025 follows.
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Short-Term Borrowings (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Short-Term Debt [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Short-Term Borrowings | The following table presents information concerning short-term borrowings at and for the years ended December 31, 2025 and 2024:
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Long-Term Debt (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | At December 31, 2025 and 2024, long-term debt was comprised of the following:
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| Long-Term Debt with Related Unamortized Debt Issuance Cost | The following table sets forth unamortized debt issuance costs associated with the respective debt instruments at December 31, 2025:
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Derivatives (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Derivative Instruments and Hedging Activities Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fair Values of Derivative Financial Instruments | Fair Values of Derivative Instruments on the Balance Sheet The table below presents the notional or contractual amounts and fair values of the Company’s derivative financial instruments as well as their classification on the consolidated balance sheets at December 31, 2025 and 2024.
(1) Derivative assets and liabilities are reported in other assets or other liabilities, respectively, in the consolidated balance sheets. (2) Represents balance sheet netting of derivative assets and liabilities for variation margin collateral held or placed with the same central clearing counterparty. See offsetting assets and liabilities for further information. |
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| Effects of Derivative Instruments on the Statement of Income | The effects of derivative instruments on the Consolidated Statements of Income for the years ended December 31, 2025, 2024, and 2023 are presented in the table below.
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| Offsetting Derivative Assets and Liabilities Subject to Master Netting Arrangements | Offsetting information in regards to all derivative assets and liabilities, including accrued interest subject to these master netting agreements at December 31, 2025 and 2024 is presented in the following tables:
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Stockholders' Equity (Tables) |
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stockholders' Equity Note [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Components of Accumulated Other Comprehensive Income (Loss) | A rollforward of the components of Accumulated Other Comprehensive Income (Loss) is presented in the table that follows:
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| Line Items in Consolidated Income Statements Affected by Amounts Reclassified from Accumulated Other Comprehensive Income | The following table shows the line items in the consolidated statements of income affected by amounts reclassified from AOCI:
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| Compliance with Regulatory Capital Requirements | Following is a summary of the actual regulatory capital amounts and ratios for the Company and the Bank together with corresponding regulatory capital requirements at December 31, 2025 and 2024.
Regulatory Restrictions on Dividends Regulatory policy statements provide that generally, bank holding companies should pay dividends only out of current operating earnings and that the level of dividends must be consistent with current and expected capital requirements. Dividends received from the Bank have been the primary source of funds available to the Company for the payment of dividends to its stockholders. Federal and State banking laws and regulations restrict the amount of dividends the Bank may distribute to the Company without prior regulatory approval, as well as the amount of loans it may make to the Company. Dividends paid by the Bank are subject to approval by the Commissioner of Banking and Consumer Finance of the State of Mississippi. Further, a capital conservation buffer of 2.5% above each of the minimum capital ratio requirements (Common Equity Tier 1, Tier 1, and Total risk-based capital) must be met for a bank or bank holding company to be able to pay dividends without restrictions. |
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Other Noninterest Income and Other Noninterest Expense (Tables) |
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Other Income and Expenses [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Components of Other Noninterest Income and Other Noninterest Expense | The components of other noninterest income and other noninterest expense are as follows:
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Income Taxes (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Income Tax Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | Income tax expense included in net income consisted of the following components:
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| Deferred Tax Assets and Liabilities | Significant components of the Company’s deferred tax assets and liabilities were as follows:
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| Effective Income Tax Rate Reconciliation | A reconciliation between reported income tax expense and the amounts computed by applying the U.S. federal statutory income tax rate of 21% to income before taxes, prepared in accordance with the revised disclosure requirements of Topic 740, is presented in the table below. Disclosures for the comparative prior periods have been reclassified to conform to the current presentation.
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| Summary of Income Taxes Paid (Net of Refunds Received) | Income taxes paid (net of refunds received), disaggregated by jurisdictional categories (U.S. federal, U.S. state and local and non-U.S.) required by the revised requirements of Topic 740, is presented in the table below. The Company did not pay any non-U.S. taxes in years ended December 31, 2025, 2024 or 2023.
* The amount of income tax paid (net of refunds received) during this year does not meet the 5% disaggregation threshold. |
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Earnings Per Share (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Earnings Per Share [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Computation of Earnings Per Common Share | A summary of the information used in the computation of earnings per common share follows.
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Retirement Benefit Plans (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retirement Benefits [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Changes in Benefit Obligations and Plan Assets | The following tables detail the changes in the benefit obligations and plan assets of the defined benefit plans for the years ended December 31, 2025 and 2024, as well as the funded status of the plans at each year end and the amounts recognized in the Company’s Consolidated Balance Sheets. The Company uses a December 31 measurement date for all defined benefit pension plans and other postretirement benefit plans.
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| Components of Net Periodic (Benefits) Cost | The following table shows net periodic (benefit) cost included in expense and the changes in the amounts recognized in AOCI during the years ended December 31, 2025, 2024, and 2023.
*Graded scale, declining from 7.25% at age 20 to 2.25% at age 65 |
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| Expected Plan Benefit Payments | The following table presents expected plan benefit payments over the ten years succeeding December 31, 2025:
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| Fair Values of Pension Plan Assets | For all investments, the plan attempts to use quoted market prices of identical assets on active exchanges, or Level 1 measurements. Where such quoted market prices are not available, the plan will use quoted prices for similar instruments or discounted cash flows to estimate the value, reported as Level 2.
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| Percentage and Target Allocations | The following table presents the percentage allocation of the plan assets by asset category and corresponding target allocations at December 31, 2025 and 2024.
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Share-Based Payment Arrangements (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Share-Based Payment Arrangement [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Summary of Nonvested Restricted and Performance Shares | A summary of the Company’s nonvested restricted and performance shares for the year ended December 31, 2025 is presented below:
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Commitments and Contingencies (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | ||||||||||||||||||||||||||||||||||||
| Commitments and Contingencies Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||
| Off-Balance Sheet Financial Instruments | The following table presents a summary of the Company’s off-balance sheet financial instruments as of December 31, 2025 and December 31, 2024:
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Fair Value Measurements (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fair Value Disclosures [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Assets and Liabilities Measured at Fair Value on Recurring Basis | The following tables present, for each of the fair value hierarchy levels, the Company’s financial assets and liabilities that are measured at fair value on a recurring basis on the consolidated balance sheets at December 31, 2025 and 2024:
(1) For further disaggregation of derivative assets and liabilities, see Note 12 – Derivatives.
(1) For further disaggregation of derivative assets and liabilities, see Note 12 – Derivatives. |
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| Financial Assets Measured at Fair Value on Nonrecurring Basis | The following tables present the Company’s financial assets that are measured at fair value on a nonrecurring basis for each of the fair value hierarchy levels:
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| Estimated Fair Values of Financial Instruments | The following tables present the estimated fair values of the Company’s financial instruments by fair value hierarchy levels and the corresponding carrying amounts.
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Condensed Parent Company Information (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Condensed Financial Information Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Condensed Balance Sheets | The following condensed financial statements reflect the accounts and transactions of Hancock Whitney Corporation only: Condensed Balance Sheets
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| Condensed Statements of Income |
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| Condensed Statements of Cash Flows |
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Summary of Significant Accounting Policies and Recent Accounting Pronouncements (Impact of Adoption Reflected in the Consolidated Balance Sheet) (Details) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2022 |
|---|---|---|---|---|
| Summary Of Significant Accounting Policies And Recent Accounting Pronouncements [Line Items] | ||||
| Allowance for loan and lease losses | $ 307,731 | $ 318,882 | ||
| Reserve for unfunded lending commitments | $ 33,928 | $ 24,053 | $ 28,894 | $ 33,309 |
Acquisition (Narrative) (Details) - Sabal Trust Company [Member] - USD ($) $ in Millions |
12 Months Ended | |
|---|---|---|
May 02, 2025 |
Dec. 31, 2025 |
|
| Business Acquisition [Line Items] | ||
| Acquisition date | May 02, 2025 | |
| Identifiable intangible assets useful life | 24 years | |
| Acquisition related costs | $ 5.9 |
Acquisition - Summary of Preliminary Acquisition Date Fair Value of Assets Acquired and Liabilities Assumed, Consideration Paid, and Resulting Goodwill (Details) - USD ($) $ in Thousands |
12 Months Ended | |
|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|
| LIABILITIES | ||
| Goodwill | $ 925,404 | $ 855,453 |
| Sabal Trust Company [Member] | ||
| ASSETS | ||
| Cash and due from banks | 2,417 | |
| Property and equipment | 1,048 | |
| Right of use assets | 5,047 | |
| Identifiable intangible assets | 41,800 | |
| Other assets | 1,191 | |
| Total identifiable assets | 51,503 | |
| LIABILITIES | ||
| Lease liabilities | 4,709 | |
| Other liabilities | 2,257 | |
| Total liabilities | 6,966 | |
| Net assets acquired | 44,537 | |
| Consideration paid | 114,488 | |
| Goodwill | $ 69,951 |
Securities (Narrative) (Details) |
Dec. 31, 2025
USD ($)
Security
|
Dec. 31, 2024
USD ($)
Security
|
|---|---|---|
| Debt and Equity Securities, FV-NI [Line Items] | ||
| Securities with an aggregate fair value | $ 4,226,864,000 | $ 4,608,320,000 |
| Securities available for sale, amortized cost | 6,341,322,000 | 5,774,133,000 |
| Securities classified as trading | 0 | $ 0 |
| Allowance for credit loss | $ 0 | |
| Securities that met the criteria of a credit loss event | Security | 0 | |
| Number of securities with market values below their cost basis | Security | 604 | 729 |
| Asset Pledged as Collateral without Right [Member] | ||
| Debt and Equity Securities, FV-NI [Line Items] | ||
| Securities pledged as collateral | $ 3,900,000,000 | |
| Available for Sale and Held to Maturity [Member] | ||
| Debt and Equity Securities, FV-NI [Line Items] | ||
| Amortized cost of securities excluding accrued interest | $ 31,700,000 | $ 29,800,000 |
Securities (Proceeds from Gross Gains on and Gross Losses on Sale of Securities) (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Investments, Debt and Equity Securities [Abstract] | |||
| Proceeds | $ 229,200 | $ 0 | $ 977,114 |
| Gross gains | 4,197 | 0 | |
| Gross losses | $ 4,208 | $ 0 | $ 65,380 |
Loans and Allowance for Credit Losses (Aging Analysis of Reportable Modifications To Borrowers Experiencing Financial Difficulty by Portfolio Class) (Details) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | $ 162,849 | $ 99,499 |
| 30-59 Days Past Due [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 1,285 | 2,154 |
| 60-89 Days Past Due [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 28,086 | 1,075 |
| Greater Than 90 Days Past Due [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 882 | 13,049 |
| Total Past Due [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 30,253 | 16,278 |
| Current [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 132,596 | 83,221 |
| Construction and Land Development [Member] | Current [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 147 | |
| Total Commercial [Member] | Commercial Real Estate - Income Producing [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 14,914 | 2,741 |
| Total Commercial [Member] | Commercial Real Estate - Income Producing [Member] | 60-89 Days Past Due [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 826 | |
| Total Commercial [Member] | Commercial Real Estate - Income Producing [Member] | Total Past Due [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 826 | |
| Total Commercial [Member] | Commercial Real Estate - Income Producing [Member] | Current [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 14,914 | 1,915 |
| Total Commercial [Member] | Construction and Land Development [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 147 | |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 132,254 | 93,457 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | 30-59 Days Past Due [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 1,975 | |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | 60-89 Days Past Due [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 27,670 | |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | Greater Than 90 Days Past Due [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 734 | 12,548 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | Total Past Due [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 28,404 | 14,523 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | Current [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 103,850 | 78,934 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | Commercial Non-Real Estate [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 103,315 | 93,457 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | Commercial Non-Real Estate [Member] | 30-59 Days Past Due [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 1,975 | |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | Commercial Non-Real Estate [Member] | 60-89 Days Past Due [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 27,670 | |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | Commercial Non-Real Estate [Member] | Greater Than 90 Days Past Due [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 734 | 12,548 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | Commercial Non-Real Estate [Member] | Total Past Due [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 28,404 | 14,523 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | Commercial Non-Real Estate [Member] | Current [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 74,911 | 78,934 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | Commercial Real Estate - Owner Occupied [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 28,939 | |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | Commercial Real Estate - Owner Occupied [Member] | Current [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 28,939 | |
| Residential Mortgages [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 15,159 | 3,170 |
| Residential Mortgages [Member] | 30-59 Days Past Due [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 1,285 | 179 |
| Residential Mortgages [Member] | 60-89 Days Past Due [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 416 | 249 |
| Residential Mortgages [Member] | Greater Than 90 Days Past Due [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 501 | |
| Residential Mortgages [Member] | Total Past Due [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 1,701 | 929 |
| Residential Mortgages [Member] | Current [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 13,458 | 2,241 |
| Consumer [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 375 | 131 |
| Consumer [Member] | Greater Than 90 Days Past Due [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 148 | |
| Consumer [Member] | Total Past Due [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | 148 | |
| Consumer [Member] | Current [Member] | ||
| Financing Receivable, Modified, Past Due [Line Items] | ||
| Total reportable modified loans | $ 227 | $ 131 |
Loans and Allowance for Credit Losses (Aging Analysis of Past Due Loans by Portfolio Class) (Details) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | $ 23,958,440 | $ 23,299,447 |
| Recorded Investment > 90 Days and Accruing | 28,798 | 21,852 |
| 30-59 Days Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 88,351 | 74,706 |
| 60-89 Days Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 69,653 | 44,923 |
| Greater Than 90 Days Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 102,723 | 79,898 |
| Total Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 260,727 | 199,527 |
| Current [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 23,697,713 | 23,099,920 |
| Total Commercial [Member] | Commercial Real Estate - Income Producing [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 4,283,168 | 3,798,612 |
| Recorded Investment > 90 Days and Accruing | 2,928 | 150 |
| Total Commercial [Member] | Commercial Real Estate - Income Producing [Member] | 30-59 Days Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 990 | 220 |
| Total Commercial [Member] | Commercial Real Estate - Income Producing [Member] | 60-89 Days Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 2,806 | 5,417 |
| Total Commercial [Member] | Commercial Real Estate - Income Producing [Member] | Greater Than 90 Days Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 7,177 | 464 |
| Total Commercial [Member] | Commercial Real Estate - Income Producing [Member] | Total Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 10,973 | 6,101 |
| Total Commercial [Member] | Commercial Real Estate - Income Producing [Member] | Current [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 4,272,195 | 3,792,511 |
| Total Commercial [Member] | Construction and Land Development [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 1,239,086 | 1,281,115 |
| Recorded Investment > 90 Days and Accruing | 565 | 3,563 |
| Total Commercial [Member] | Construction and Land Development [Member] | 30-59 Days Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 1,754 | 1,066 |
| Total Commercial [Member] | Construction and Land Development [Member] | 60-89 Days Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 564 | 3,773 |
| Total Commercial [Member] | Construction and Land Development [Member] | Greater Than 90 Days Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 3,488 | 5,314 |
| Total Commercial [Member] | Construction and Land Development [Member] | Total Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 5,806 | 10,153 |
| Total Commercial [Member] | Construction and Land Development [Member] | Current [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 1,233,280 | 1,270,962 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 13,079,091 | 12,888,547 |
| Recorded Investment > 90 Days and Accruing | 21,944 | 15,654 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | 30-59 Days Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 34,021 | 20,439 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | 60-89 Days Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 43,624 | 5,302 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | Greater Than 90 Days Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 47,563 | 31,503 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | Total Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 125,208 | 57,244 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | Current [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 12,953,883 | 12,831,303 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | Commercial Non-Real Estate [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 9,809,011 | 9,876,592 |
| Recorded Investment > 90 Days and Accruing | 20,358 | 14,557 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | Commercial Non-Real Estate [Member] | 30-59 Days Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 19,008 | 19,326 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | Commercial Non-Real Estate [Member] | 60-89 Days Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 43,316 | 5,264 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | Commercial Non-Real Estate [Member] | Greater Than 90 Days Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 39,954 | 27,756 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | Commercial Non-Real Estate [Member] | Total Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 102,278 | 52,346 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | Commercial Non-Real Estate [Member] | Current [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 9,706,733 | 9,824,246 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | Commercial Real Estate - Owner Occupied [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 3,270,080 | 3,011,955 |
| Recorded Investment > 90 Days and Accruing | 1,586 | 1,097 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | Commercial Real Estate - Owner Occupied [Member] | 30-59 Days Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 15,013 | 1,113 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | Commercial Real Estate - Owner Occupied [Member] | 60-89 Days Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 308 | 38 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | Commercial Real Estate - Owner Occupied [Member] | Greater Than 90 Days Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 7,609 | 3,747 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | Commercial Real Estate - Owner Occupied [Member] | Total Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 22,930 | 4,898 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | Commercial Real Estate - Owner Occupied [Member] | Current [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 3,247,150 | 3,007,057 |
| Residential Mortgages [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 4,016,917 | 3,961,328 |
| Recorded Investment > 90 Days and Accruing | 116 | 27 |
| Residential Mortgages [Member] | 30-59 Days Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 42,302 | 42,211 |
| Residential Mortgages [Member] | 60-89 Days Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 17,984 | 25,050 |
| Residential Mortgages [Member] | Greater Than 90 Days Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 34,656 | 34,113 |
| Residential Mortgages [Member] | Total Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 94,942 | 101,374 |
| Residential Mortgages [Member] | Current [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 3,921,975 | 3,859,954 |
| Consumer [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 1,340,178 | 1,369,845 |
| Recorded Investment > 90 Days and Accruing | 3,245 | 2,458 |
| Consumer [Member] | 30-59 Days Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 9,284 | 10,770 |
| Consumer [Member] | 60-89 Days Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 4,675 | 5,381 |
| Consumer [Member] | Greater Than 90 Days Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 9,839 | 8,504 |
| Consumer [Member] | Total Past Due [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | 23,798 | 24,655 |
| Consumer [Member] | Current [Member] | ||
| Financing Receivable, Recorded Investment, Past Due [Line Items] | ||
| Total loans | $ 1,316,380 | $ 1,345,190 |
Loans and Allowance for Credit Losses (Credit Quality Indicators by Segment and Portfolio Class) (Details) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Total Commercial [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | $ 18,601,345 | $ 17,968,274 |
| Total Commercial [Member] | Total Commercial And Industrial [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 13,079,091 | 12,888,547 |
| Total Commercial [Member] | Pass [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 17,451,198 | 16,823,845 |
| Total Commercial [Member] | Pass [Member] | Total Commercial And Industrial [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 12,244,949 | 11,990,460 |
| Total Commercial [Member] | Pass-Watch [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 614,792 | 521,400 |
| Total Commercial [Member] | Pass-Watch [Member] | Total Commercial And Industrial [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 389,493 | 355,541 |
| Total Commercial [Member] | Special Mention [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 148,383 | 190,898 |
| Total Commercial [Member] | Special Mention [Member] | Total Commercial And Industrial [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 111,924 | 167,606 |
| Total Commercial [Member] | Substandard [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 386,972 | 432,131 |
| Total Commercial [Member] | Substandard [Member] | Total Commercial And Industrial [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 332,725 | 374,940 |
| Residential Mortgages [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 4,016,917 | 3,961,328 |
| Residential Mortgages [Member] | Performing [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 3,969,931 | 3,917,242 |
| Residential Mortgages [Member] | Nonperforming [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 46,986 | 44,086 |
| Consumer [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 1,340,178 | 1,369,845 |
| Consumer [Member] | Performing [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 1,329,475 | 1,358,658 |
| Consumer [Member] | Nonperforming [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 10,703 | 11,187 |
| Residential Mortgage and Consumer [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 5,357,095 | 5,331,173 |
| Residential Mortgage and Consumer [Member] | Performing [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 5,299,406 | 5,275,900 |
| Residential Mortgage and Consumer [Member] | Nonperforming [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 57,689 | 55,273 |
| Commercial Non-Real Estate [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 9,809,011 | 9,876,592 |
| Commercial Non-Real Estate [Member] | Pass [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 9,180,624 | 9,157,232 |
| Commercial Non-Real Estate [Member] | Pass-Watch [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 266,120 | 219,975 |
| Commercial Non-Real Estate [Member] | Special Mention [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 88,729 | 149,705 |
| Commercial Non-Real Estate [Member] | Substandard [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 273,538 | 349,680 |
| Commercial Non-Real Estate [Member] | Total Commercial [Member] | Total Commercial And Industrial [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 9,809,011 | 9,876,592 |
| Commercial Non-Real Estate [Member] | Total Commercial [Member] | Pass [Member] | Total Commercial And Industrial [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 9,180,624 | 9,157,232 |
| Commercial Non-Real Estate [Member] | Total Commercial [Member] | Pass-Watch [Member] | Total Commercial And Industrial [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 266,120 | 219,975 |
| Commercial Non-Real Estate [Member] | Total Commercial [Member] | Special Mention [Member] | Total Commercial And Industrial [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 88,729 | 149,705 |
| Commercial Non-Real Estate [Member] | Total Commercial [Member] | Substandard [Member] | Total Commercial And Industrial [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 273,538 | 349,680 |
| Commercial Real Estate - Owner Occupied [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 3,270,080 | 3,011,955 |
| Commercial Real Estate - Owner Occupied [Member] | Pass [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 3,064,325 | 2,833,228 |
| Commercial Real Estate - Owner Occupied [Member] | Pass-Watch [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 123,373 | 135,566 |
| Commercial Real Estate - Owner Occupied [Member] | Special Mention [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 23,195 | 17,901 |
| Commercial Real Estate - Owner Occupied [Member] | Substandard [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 59,187 | 25,260 |
| Commercial Real Estate - Owner Occupied [Member] | Total Commercial [Member] | Total Commercial And Industrial [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 3,270,080 | 3,011,955 |
| Commercial Real Estate - Owner Occupied [Member] | Total Commercial [Member] | Pass [Member] | Total Commercial And Industrial [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 3,064,325 | 2,833,228 |
| Commercial Real Estate - Owner Occupied [Member] | Total Commercial [Member] | Pass-Watch [Member] | Total Commercial And Industrial [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 123,373 | 135,566 |
| Commercial Real Estate - Owner Occupied [Member] | Total Commercial [Member] | Special Mention [Member] | Total Commercial And Industrial [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 23,195 | 17,901 |
| Commercial Real Estate - Owner Occupied [Member] | Total Commercial [Member] | Substandard [Member] | Total Commercial And Industrial [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 59,187 | 25,260 |
| Commercial Real Estate - Income Producing [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 4,283,168 | 3,798,612 |
| Commercial Real Estate - Income Producing [Member] | Pass [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 4,035,415 | 3,625,981 |
| Commercial Real Estate - Income Producing [Member] | Pass-Watch [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 189,994 | 99,638 |
| Commercial Real Estate - Income Producing [Member] | Special Mention [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 8,251 | 22,278 |
| Commercial Real Estate - Income Producing [Member] | Substandard [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 49,508 | 50,715 |
| Commercial Real Estate - Income Producing [Member] | Total Commercial [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 4,283,168 | 3,798,612 |
| Commercial Real Estate - Income Producing [Member] | Total Commercial [Member] | Pass [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 4,035,415 | 3,625,981 |
| Commercial Real Estate - Income Producing [Member] | Total Commercial [Member] | Pass-Watch [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 189,994 | 99,638 |
| Commercial Real Estate - Income Producing [Member] | Total Commercial [Member] | Special Mention [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 8,251 | 22,278 |
| Commercial Real Estate - Income Producing [Member] | Total Commercial [Member] | Substandard [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 49,508 | 50,715 |
| Construction and Land Development [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 1,239,086 | 1,281,115 |
| Construction and Land Development [Member] | Pass [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 1,170,834 | 1,207,404 |
| Construction and Land Development [Member] | Pass-Watch [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 35,305 | 66,221 |
| Construction and Land Development [Member] | Special Mention [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 28,208 | 1,014 |
| Construction and Land Development [Member] | Substandard [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 4,739 | 6,476 |
| Construction and Land Development [Member] | Total Commercial [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 1,239,086 | 1,281,115 |
| Construction and Land Development [Member] | Total Commercial [Member] | Pass [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 1,170,834 | 1,207,404 |
| Construction and Land Development [Member] | Total Commercial [Member] | Pass-Watch [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 35,305 | 66,221 |
| Construction and Land Development [Member] | Total Commercial [Member] | Special Mention [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | 28,208 | 1,014 |
| Construction and Land Development [Member] | Total Commercial [Member] | Substandard [Member] | ||
| Financing Receivable Recorded Investment [Line Items] | ||
| Total loans | $ 4,739 | $ 6,476 |
Loans and Allowance for Credit Losses (Disaggregation of Credit Quality Disclosures) (Details) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Total Commercial [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Notes Receivable Gross | $ 18,601,345 | $ 17,968,274 |
| Total Commercial [Member] | Pass [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Notes Receivable Gross | 17,451,198 | 16,823,845 |
| Total Commercial [Member] | Pass-Watch [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Notes Receivable Gross | 614,792 | 521,400 |
| Total Commercial [Member] | Special Mention [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Notes Receivable Gross | 148,383 | 190,898 |
| Total Commercial [Member] | Substandard [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Notes Receivable Gross | 386,972 | 432,131 |
| Residential Mortgages [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 361,057 | 161,346 |
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 134,228 | 429,993 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 400,858 | 1,079,165 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 1,050,128 | 889,605 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 830,347 | 448,889 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 1,237,442 | 949,357 |
| Revolving Loans | 2,857 | 2,772 |
| Revolving Loans Converted to Term Loans | 201 | |
| Notes Receivable Gross | 4,016,917 | 3,961,328 |
| Residential Mortgages [Member] | Performing [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 360,686 | 161,019 |
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 131,928 | 422,269 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 390,276 | 1,068,191 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 1,039,884 | 882,918 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 824,012 | 447,690 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 1,220,288 | 932,182 |
| Revolving Loans | 2,857 | 2,772 |
| Revolving Loans Converted to Term Loans | 201 | |
| Notes Receivable Gross | 3,969,931 | 3,917,242 |
| Residential Mortgages [Member] | Nonperforming [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 371 | 327 |
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 2,300 | 7,724 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 10,582 | 10,974 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 10,244 | 6,687 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 6,335 | 1,199 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 17,154 | 17,175 |
| Notes Receivable Gross | 46,986 | 44,086 |
| Residential Mortgages [Member] | Gross Charge-offs [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 36 | 57 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 502 | 189 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 335 | 2 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 49 | 132 |
| Notes Receivable Gross | 922 | 380 |
| Consumer [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 50,563 | 57,034 |
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 24,737 | 39,347 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 23,312 | 35,640 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 18,945 | 21,036 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 9,555 | 15,802 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 51,498 | 44,741 |
| Revolving Loans | 1,123,879 | 1,120,562 |
| Revolving Loans Converted to Term Loans | 37,689 | 35,683 |
| Notes Receivable Gross | 1,340,178 | 1,369,845 |
| Consumer [Member] | Performing [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 50,512 | 56,983 |
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 24,693 | 39,301 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 22,963 | 35,320 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 18,103 | 20,397 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 8,928 | 15,035 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 47,131 | 41,299 |
| Revolving Loans | 1,123,471 | 1,120,027 |
| Revolving Loans Converted to Term Loans | 33,674 | 30,296 |
| Notes Receivable Gross | 1,329,475 | 1,358,658 |
| Consumer [Member] | Nonperforming [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 51 | 51 |
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 44 | 46 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 349 | 320 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 842 | 639 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 627 | 767 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 4,367 | 3,442 |
| Revolving Loans | 408 | 535 |
| Revolving Loans Converted to Term Loans | 4,015 | 5,387 |
| Notes Receivable Gross | 10,703 | 11,187 |
| Consumer [Member] | Gross Charge-offs [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 85 | 92 |
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 952 | 1,733 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 1,104 | 2,474 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 1,277 | 1,173 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 528 | 180 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 695 | 985 |
| Revolving Loans | 9,228 | 8,826 |
| Revolving Loans Converted to Term Loans | 2,137 | 2,524 |
| Notes Receivable Gross | 16,006 | 17,987 |
| Residential Mortgage and Consumer [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Notes Receivable Gross | 5,357,095 | 5,331,173 |
| Residential Mortgage and Consumer [Member] | Performing [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Notes Receivable Gross | 5,299,406 | 5,275,900 |
| Residential Mortgage and Consumer [Member] | Nonperforming [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Notes Receivable Gross | 57,689 | 55,273 |
| Commercial Non-Real Estate [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 2,071,467 | 1,823,621 |
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 1,205,168 | 1,228,847 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 838,368 | 1,367,968 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 961,751 | 869,982 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 559,830 | 366,796 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 920,199 | 937,836 |
| Revolving Loans | 3,129,584 | 3,135,647 |
| Revolving Loans Converted to Term Loans | 122,644 | 145,895 |
| Notes Receivable Gross | 9,809,011 | 9,876,592 |
| Commercial Non-Real Estate [Member] | Pass [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 2,030,587 | 1,794,904 |
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 1,164,266 | 1,069,637 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 711,218 | 1,154,669 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 812,902 | 819,520 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 525,095 | 339,594 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 891,032 | 925,046 |
| Revolving Loans | 2,955,174 | 2,946,499 |
| Revolving Loans Converted to Term Loans | 90,350 | 107,363 |
| Notes Receivable Gross | 9,180,624 | 9,157,232 |
| Commercial Non-Real Estate [Member] | Pass-Watch [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 24,737 | 8,466 |
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 27,477 | 46,681 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 39,683 | 43,379 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 33,385 | 29,193 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 12,896 | 12,768 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 18,064 | 9,851 |
| Revolving Loans | 94,461 | 61,076 |
| Revolving Loans Converted to Term Loans | 15,417 | 8,561 |
| Notes Receivable Gross | 266,120 | 219,975 |
| Commercial Non-Real Estate [Member] | Special Mention [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 2,405 | 412 |
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 6,975 | 21,337 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 6,239 | 52,375 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 27,719 | 6,044 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 10,564 | 6,234 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 4,305 | 41 |
| Revolving Loans | 28,330 | 62,934 |
| Revolving Loans Converted to Term Loans | 2,192 | 328 |
| Notes Receivable Gross | 88,729 | 149,705 |
| Commercial Non-Real Estate [Member] | Substandard [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 13,738 | 19,839 |
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 6,450 | 91,192 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 81,228 | 117,545 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 87,745 | 15,225 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 11,275 | 8,200 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 6,798 | 2,898 |
| Revolving Loans | 51,619 | 65,138 |
| Revolving Loans Converted to Term Loans | 14,685 | 29,643 |
| Notes Receivable Gross | 273,538 | 349,680 |
| Commercial Non-Real Estate [Member] | Gross Charge-offs [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 4,798 | 705 |
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 2,718 | 7,575 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 15,397 | 7,494 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 2,888 | 11,090 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 74 | 213 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 531 | 1,837 |
| Revolving Loans | 3,722 | 5,952 |
| Revolving Loans Converted to Term Loans | 15,436 | 10,622 |
| Notes Receivable Gross | 45,564 | 45,488 |
| Commercial Real Estate - Owner Occupied [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 647,755 | 389,834 |
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 410,820 | 331,299 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 322,445 | 615,688 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 536,684 | 535,438 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 480,413 | 437,787 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 767,116 | 598,853 |
| Revolving Loans | 54,351 | 101,726 |
| Revolving Loans Converted to Term Loans | 50,496 | 1,330 |
| Notes Receivable Gross | 3,270,080 | 3,011,955 |
| Commercial Real Estate - Owner Occupied [Member] | Pass [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 616,536 | 365,158 |
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 401,399 | 319,684 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 312,006 | 537,069 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 461,247 | 524,572 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 459,700 | 433,844 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 711,509 | 554,293 |
| Revolving Loans | 51,600 | 97,999 |
| Revolving Loans Converted to Term Loans | 50,328 | 609 |
| Notes Receivable Gross | 3,064,325 | 2,833,228 |
| Commercial Real Estate - Owner Occupied [Member] | Pass-Watch [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 26,766 | 18,937 |
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 6,397 | 8,575 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 2,746 | 66,286 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 43,060 | 5,547 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 14,187 | 2,695 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 27,591 | 29,078 |
| Revolving Loans | 2,506 | 3,727 |
| Revolving Loans Converted to Term Loans | 120 | 721 |
| Notes Receivable Gross | 123,373 | 135,566 |
| Commercial Real Estate - Owner Occupied [Member] | Special Mention [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 2,371 | 4,417 |
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 2,202 | 410 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 1,008 | 6,759 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 12,024 | 3,756 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 5,054 | |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 293 | 2,559 |
| Revolving Loans | 195 | |
| Revolving Loans Converted to Term Loans | 48 | |
| Notes Receivable Gross | 23,195 | 17,901 |
| Commercial Real Estate - Owner Occupied [Member] | Substandard [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 2,082 | 1,322 |
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 822 | 2,630 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 6,685 | 5,574 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 20,353 | 1,563 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 1,472 | 1,248 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 27,723 | 12,923 |
| Revolving Loans | 50 | |
| Notes Receivable Gross | 59,187 | 25,260 |
| Commercial Real Estate - Owner Occupied [Member] | Gross Charge-offs [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 86 | 131 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 2,741 | |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 1,799 | 12 |
| Notes Receivable Gross | 4,626 | 143 |
| Commercial Real Estate - Income Producing [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 1,140,627 | 441,643 |
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 431,658 | 478,622 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 532,132 | 1,028,886 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 836,726 | 762,516 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 564,483 | 535,350 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 710,562 | 517,906 |
| Revolving Loans | 65,490 | 31,893 |
| Revolving Loans Converted to Term Loans | 1,490 | 1,796 |
| Notes Receivable Gross | 4,283,168 | 3,798,612 |
| Commercial Real Estate - Income Producing [Member] | Pass [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 1,110,044 | 416,947 |
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 416,052 | 453,428 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 519,955 | 975,075 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 724,326 | 750,907 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 549,335 | 494,925 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 649,996 | 501,389 |
| Revolving Loans | 64,217 | 31,673 |
| Revolving Loans Converted to Term Loans | 1,490 | 1,637 |
| Notes Receivable Gross | 4,035,415 | 3,625,981 |
| Commercial Real Estate - Income Producing [Member] | Pass-Watch [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 22,429 | 2,586 |
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 15,606 | 7,005 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 4,219 | 43,221 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 101,959 | 9,399 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 4,277 | 20,694 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 40,381 | 16,354 |
| Revolving Loans | 1,123 | 220 |
| Revolving Loans Converted to Term Loans | 159 | |
| Notes Receivable Gross | 189,994 | 99,638 |
| Commercial Real Estate - Income Producing [Member] | Special Mention [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 7,962 | 20,292 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 289 | 1,986 |
| Notes Receivable Gross | 8,251 | 22,278 |
| Commercial Real Estate - Income Producing [Member] | Substandard [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 192 | 1,818 |
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 18,189 | |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 7,669 | 8,604 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 10,441 | 2,210 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 10,871 | 19,731 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 20,185 | 163 |
| Revolving Loans | 150 | |
| Notes Receivable Gross | 49,508 | 50,715 |
| Commercial Real Estate - Income Producing [Member] | Gross Charge-offs [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 8,819 | |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 34 | |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 3 | |
| Notes Receivable Gross | 34 | 8,822 |
| Commercial Real Estate - Income Producing [Member] | Total Commercial [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Notes Receivable Gross | 4,283,168 | 3,798,612 |
| Commercial Real Estate - Income Producing [Member] | Total Commercial [Member] | Pass [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Notes Receivable Gross | 4,035,415 | 3,625,981 |
| Commercial Real Estate - Income Producing [Member] | Total Commercial [Member] | Pass-Watch [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Notes Receivable Gross | 189,994 | 99,638 |
| Commercial Real Estate - Income Producing [Member] | Total Commercial [Member] | Special Mention [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Notes Receivable Gross | 8,251 | 22,278 |
| Commercial Real Estate - Income Producing [Member] | Total Commercial [Member] | Substandard [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Notes Receivable Gross | 49,508 | 50,715 |
| Construction and Land Development [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 379,266 | 239,098 |
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 359,826 | 421,077 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 188,837 | 360,277 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 88,693 | 107,204 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 75,459 | 33,575 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 15,317 | 15,000 |
| Revolving Loans | 131,153 | 102,853 |
| Revolving Loans Converted to Term Loans | 535 | 2,031 |
| Notes Receivable Gross | 1,239,086 | 1,281,115 |
| Construction and Land Development [Member] | Pass [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 349,811 | 237,136 |
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 358,827 | 418,002 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 185,672 | 296,286 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 54,798 | 103,259 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 75,084 | 33,519 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 14,954 | 14,477 |
| Revolving Loans | 131,153 | 102,694 |
| Revolving Loans Converted to Term Loans | 535 | 2,031 |
| Notes Receivable Gross | 1,170,834 | 1,207,404 |
| Construction and Land Development [Member] | Pass-Watch [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 29,323 | 624 |
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 814 | 2,279 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 1,500 | 62,415 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 3,299 | 391 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 128 | 30 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 241 | 323 |
| Revolving Loans | 0 | 159 |
| Notes Receivable Gross | 35,305 | 66,221 |
| Construction and Land Development [Member] | Special Mention [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 60 | 1,014 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 28,036 | |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 112 | |
| Notes Receivable Gross | 28,208 | 1,014 |
| Construction and Land Development [Member] | Substandard [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2025 | 72 | 324 |
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 185 | 796 |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 1,665 | 1,576 |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 2,560 | 3,554 |
| Term Loans, Amortized Cost Basis by Origination Year, 2021 | 135 | 26 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 122 | 200 |
| Notes Receivable Gross | 4,739 | 6,476 |
| Construction and Land Development [Member] | Gross Charge-offs [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Term Loans, Amortized Cost Basis by Origination Year, 2024 | 113 | |
| Term Loans, Amortized Cost Basis by Origination Year, 2023 | 94 | |
| Term Loans, Amortized Cost Basis by Origination Year, 2022 | 1,297 | 30 |
| Term Loans, Amortized Cost Basis by Origination Year, Prior | 17 | 20 |
| Revolving Loans Converted to Term Loans | 7 | |
| Notes Receivable Gross | 1,314 | 264 |
| Construction and Land Development [Member] | Total Commercial [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Notes Receivable Gross | 1,239,086 | 1,281,115 |
| Construction and Land Development [Member] | Total Commercial [Member] | Pass [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Notes Receivable Gross | 1,170,834 | 1,207,404 |
| Construction and Land Development [Member] | Total Commercial [Member] | Pass-Watch [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Notes Receivable Gross | 35,305 | 66,221 |
| Construction and Land Development [Member] | Total Commercial [Member] | Special Mention [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Notes Receivable Gross | 28,208 | 1,014 |
| Construction and Land Development [Member] | Total Commercial [Member] | Substandard [Member] | ||
| Accounts Notes And Loans Receivable [Line Items] | ||
| Notes Receivable Gross | $ 4,739 | $ 6,476 |
Property and Equipment (Property and Equipment) (Details) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Property, Plant and Equipment [Line Items] | ||
| Property and equipment, gross | $ 631,999 | $ 625,729 |
| Accumulated depreciation and amortization | (370,818) | (345,962) |
| Property and equipment, net | 261,181 | 279,767 |
| Land and Land Improvements [Member] | ||
| Property, Plant and Equipment [Line Items] | ||
| Property and equipment, gross | 63,067 | 63,016 |
| Buildings and Leasehold Improvements [Member] | ||
| Property, Plant and Equipment [Line Items] | ||
| Property and equipment, gross | 316,628 | 312,871 |
| Furniture, Fixtures and Equipment [Member] | ||
| Property, Plant and Equipment [Line Items] | ||
| Property and equipment, gross | 131,149 | 128,401 |
| Software [Member] | ||
| Property, Plant and Equipment [Line Items] | ||
| Property and equipment, gross | 107,771 | 106,884 |
| Assets Under Development [Member] | ||
| Property, Plant and Equipment [Line Items] | ||
| Property and equipment, gross | $ 13,384 | $ 14,557 |
Property and Equipment (Narrative) (Details) - USD ($) |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Property, Plant and Equipment [Abstract] | |||
| Depreciation and amortization | $ 27,314,000 | $ 32,301,000 | $ 34,720,000 |
| Property and equipment, held for sale | $ 0 | $ 0 | |
Operating Leases - (Narrative) (Details) $ in Millions |
12 Months Ended |
|---|---|
|
Dec. 31, 2025
USD ($)
Leases
| |
| Leases [Line Items] | |
| Lessee, operating lease, existence of option to extend [true/false] | false |
| Lessee, operating lease, option to extend | As these extension options are not generally considered reasonably certain of renewal, they are not included in the lease term |
| Number of operating leases not yet commenced | Leases | 4 |
| Discounted lease obligations | $ | $ 7.4 |
| Minimum [Member] | |
| Leases [Line Items] | |
| Lessee, operating lease, term of contract | 5 years |
| Lessee, operating lease, renewal term | 1 year |
| Maximum [Member] | |
| Leases [Line Items] | |
| Lessee, operating lease, term of contract | 20 years |
| Lessee, operating lease, renewal term | 20 years |
Operating Leases - Summary of Supplemental Information Pertaining To Operating Leases (Details) - USD ($) $ in Thousands |
12 Months Ended | |
|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|
| Leases [Abstract] | ||
| Cash paid for amounts included in the measurement of lease liabilities for operating leases | $ 17,370 | $ 16,992 |
| Right of use assets obtained in exchange for lease liabilities | $ 11,932 | $ 5,749 |
| Weighted average remaining lease term (in years) | 9 years 8 months 26 days | 10 years 4 months 24 days |
| Weighted average discount rate | 3.92% | 3.77% |
Operating Leases - Summary Maturities of Lease Liabilities and Present Value Discount (Details) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Leases [Abstract] | ||
| 2026 | $ 18,737 | |
| 2027 | 18,728 | |
| 2028 | 17,559 | |
| 2029 | 15,679 | |
| 2030 | 12,881 | |
| Thereafter | 64,025 | |
| Total | 147,609 | |
| Present value discount | (26,104) | |
| Lease liability | $ 121,505 | $ 117,817 |
Operating Leases - Components of Lease Expense (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Leases [Abstract] | |||
| Operating lease expense | $ 17,275 | $ 16,358 | $ 16,545 |
| Short-term lease expense | 645 | 323 | 144 |
| Variable lease expense | 399 | 329 | 243 |
| Sublease income | (440) | (391) | (403) |
| Total | $ 17,879 | $ 16,619 | $ 16,529 |
Goodwill and Other Intangible Assets (Narrative) (Details) - USD ($) |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Finite-Lived Intangible Assets [Line Items] | |||
| Goodwill | $ 925,404,000 | $ 855,453,000 | |
| Goodwill impairment charges | $ 0 | $ 0 | $ 0 |
| Estimated amortization expense succeeding period | 5 years | ||
| Core Deposit Intangibles [Member] | |||
| Finite-Lived Intangible Assets [Line Items] | |||
| Weighted-average remaining life | 8 years | ||
| Other Identifiable Intangibles [Member] | |||
| Finite-Lived Intangible Assets [Line Items] | |||
| Weighted-average remaining life | 20 years | ||
Goodwill and Other Intangible Assets (Carrying Value of Intangible Assets Subject to Amortization) (Details) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Finite-Lived Intangible Assets [Line Items] | ||
| Purchase Value | $ 316,507 | $ 285,807 |
| Accumulated Amortization | 249,436 | 250,583 |
| Carrying Value | 67,071 | 35,224 |
| Core Deposit Intangibles [Member] | ||
| Finite-Lived Intangible Assets [Line Items] | ||
| Purchase Value | 235,845 | 235,845 |
| Accumulated Amortization | 223,561 | 217,260 |
| Carrying Value | 12,284 | 18,585 |
| Credit Card and Trust Relationships [Member] | ||
| Finite-Lived Intangible Assets [Line Items] | ||
| Purchase Value | 80,662 | 49,962 |
| Accumulated Amortization | 25,875 | 33,323 |
| Carrying Value | $ 54,787 | $ 16,639 |
Goodwill and Other Intangible Assets (Aggregate Amortization Expense) (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Finite-Lived Intangible Assets [Line Items] | |||
| Amortization of intangible assets | $ 9,953 | $ 9,413 | $ 11,556 |
| Core Deposit Intangibles [Member] | |||
| Finite-Lived Intangible Assets [Line Items] | |||
| Amortization of intangible assets | 6,301 | 7,602 | 9,613 |
| Credit Card and Trust Relationships [Member] | |||
| Finite-Lived Intangible Assets [Line Items] | |||
| Amortization of intangible assets | $ 3,652 | $ 1,811 | $ 1,943 |
Goodwill and Other Intangible Assets (Estimated Amortization Expense of Other Intangible Assets) (Details) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Goodwill and Intangible Assets Disclosure [Abstract] | ||
| 2026 | $ 8,175 | |
| 2027 | 6,393 | |
| 2028 | 5,881 | |
| 2029 | 5,429 | |
| 2030 | 5,016 | |
| Thereafter | 36,177 | |
| Carrying Value | $ 67,071 | $ 35,224 |
Other Assets (Schedule of Significant Balances Included in Other Assets) (Details) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Other Assets [Line Items] | ||
| Derivative collateral | $ 0 | $ 0 |
| Investments in low income housing tax credit entities | 37,500 | 37,500 |
| Total | 284,235 | 300,741 |
| Other Assets [Member] | ||
| Other Assets [Line Items] | ||
| Investments in small business investment and other companies | 64,203 | 61,952 |
| Derivative assets | 63,126 | 73,840 |
| Derivative collateral | 32,890 | 64,260 |
| FHLB stock | 29,713 | 11,958 |
| Income tax receivable | 23,004 | 19,207 |
| Investments in low income housing tax credit entities | 21,836 | 25,577 |
| Other | 49,463 | 43,947 |
| Total | $ 284,235 | $ 300,741 |
Other Assets (Narrative) (Details) - USD ($) $ in Thousands |
12 Months Ended | |
|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|
| Other Assets [Line Items] | ||
| Investments in low income housing tax credit entities | $ 37,500 | $ 37,500 |
| Low Income Housing Credit Investments [Member] | ||
| Other Assets [Line Items] | ||
| Tax credit earning period | 10 years | |
| Other Assets [Member] | ||
| Other Assets [Line Items] | ||
| Investments in low income housing tax credit entities | $ 21,836 | $ 25,577 |
Deposits (Schedule of Detailed Deposits) (Details) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Banking and Thrift, Interest [Abstract] | ||
| Noninterest-bearing deposits | $ 10,374,991 | $ 10,597,461 |
| Interest-bearing retail transaction and savings deposits | 11,998,892 | 11,327,725 |
| Interest-bearing public fund deposits, Public fund transaction and savings deposits | 3,120,389 | 3,127,427 |
| Interest-bearing public fund deposits, Public fund time deposits | 96,925 | 85,072 |
| Total interest-bearing public fund deposits | 3,217,314 | 3,212,499 |
| Retail time deposits | 3,688,577 | 4,348,265 |
| Brokered time deposits | 0 | 6,901 |
| Total interest-bearing deposits | 18,904,783 | 18,895,390 |
| Total deposits | $ 29,279,774 | $ 29,492,851 |
Deposits (Maturity of Time Deposits) (Details) $ in Thousands |
Dec. 31, 2025
USD ($)
|
|---|---|
| Banking and Thrift, Interest [Abstract] | |
| 2026 | $ 3,739,010 |
| 2027 | 25,322 |
| 2028 | 11,710 |
| 2029 | 4,286 |
| 2030 | 4,057 |
| Thereafter | 1,117 |
| Total time deposits | $ 3,785,502 |
Deposits (Narrative) (Details) $ in Billions |
Dec. 31, 2025
USD ($)
|
|---|---|
| Banking and Thrift, Interest [Abstract] | |
| Certificates of deposits more than or equal to $250,000 | $ 1.5 |
Short-Term Borrowings (Short-Term Borrowings) (Details) - USD ($) |
12 Months Ended | |
|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|
| Short-term Debt [Line Items] | ||
| Amount outstanding at period end | $ 1,017,292,000 | $ 639,015,000 |
| Federal Funds Purchased [Member] | ||
| Short-term Debt [Line Items] | ||
| Amount outstanding at period end | 70,400,000 | 300,000 |
| Average amount outstanding during period | 16,879,000 | 12,935,000 |
| Maximum amount at any month end during period | $ 110,300,000 | $ 200,275,000 |
| Weighted-average interest rate at period end | 3.74% | 3.90% |
| Weighted-average interest rate during period | 4.84% | 5.61% |
| Securities Sold Under Agreements to Repurchase [Member] | ||
| Short-term Debt [Line Items] | ||
| Amount outstanding at period end | $ 546,892,000 | $ 638,715,000 |
| Average amount outstanding during period | 613,630,000 | 639,912,000 |
| Maximum amount at any month end during period | $ 734,288,000 | $ 792,589,000 |
| Weighted-average interest rate at period end | 1.18% | 0.95% |
| Weighted-average interest rate during period | 1.36% | 1.65% |
| FHLB Borrowings [Member] | ||
| Short-term Debt [Line Items] | ||
| Amount outstanding at period end | $ 400,000,000 | $ 0 |
| Average amount outstanding during period | 339,044,000 | 238,593,000 |
| Maximum amount at any month end during period | $ 1,275,000,000 | $ 650,000,000 |
| Weighted-average interest rate at period end | 3.62% | 0.00% |
| Weighted-average interest rate during period | 4.28% | 5.48% |
Short-Term Borrowings (Narrative) (Details) - USD ($) |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Short-term Debt [Line Items] | ||
| Short-term borrowings | $ 1,017,292,000 | $ 639,015,000 |
| FHLB Borrowings [Member] | ||
| Short-term Debt [Line Items] | ||
| Short-term borrowings | $ 400,000,000 | $ 0 |
Long-Term Debt (Long-Term Debt) (Details) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Dec. 31, 2024 |
Jun. 09, 2020 |
|---|---|---|---|
| Debt Instrument [Line Items] | |||
| Gross long-term debt | $ 204,635 | ||
| Less: unamortized debt issuance costs | (5,228) | $ (5,380) | |
| Total long-term debt | 199,407 | 210,544 | |
| Subordinated Notes [Member] | Subordinated Notes Payable, Maturing June 2060 [Member] | |||
| Debt Instrument [Line Items] | |||
| Gross long-term debt | 172,500 | 172,500 | $ 172,500 |
| Less: unamortized debt issuance costs | (5,228) | ||
| Other Long-Term Debt [Member] | |||
| Debt Instrument [Line Items] | |||
| Gross long-term debt | 32,135 | $ 43,424 | |
| Less: unamortized debt issuance costs | $ 0 |
Long-Term Debt (Long-Term Debt with Related Unamortized Debt Issuance Cost) (Details) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Dec. 31, 2024 |
Jun. 09, 2020 |
|---|---|---|---|
| Debt Instrument [Line Items] | |||
| Principal | $ 204,635 | ||
| Unamortized Debt Issuance Costs | 5,228 | $ 5,380 | |
| Subordinated Notes [Member] | Subordinated Notes Payable, Maturing June 2060 [Member] | |||
| Debt Instrument [Line Items] | |||
| Principal | 172,500 | 172,500 | $ 172,500 |
| Unamortized Debt Issuance Costs | 5,228 | ||
| Other Long-Term Debt [Member] | |||
| Debt Instrument [Line Items] | |||
| Principal | 32,135 | $ 43,424 | |
| Unamortized Debt Issuance Costs | $ 0 |
Long-Term Debt (Narrative) (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Jun. 09, 2020 |
Dec. 31, 2025 |
Dec. 31, 2024 |
|
| Debt Instrument [Line Items] | |||
| Notes payable aggregate principal amount | $ 204,635 | ||
| Other long-term debt maturity year | 2052 | ||
| Subordinated Notes [Member] | Subordinated Notes Payable, Maturing June 2060 [Member] | |||
| Debt Instrument [Line Items] | |||
| Notes payable interest rate | 6.25% | ||
| Notes payable aggregate principal amount | $ 172,500 | $ 172,500 | $ 172,500 |
| Notes payable issuance date | Jun. 09, 2020 | ||
| Notes payable maturity date | Jun. 15, 2060 | ||
| Notes payable beginning payment date | Sep. 15, 2020 | ||
| Other Long-Term Debt [Member] | |||
| Debt Instrument [Line Items] | |||
| Notes payable aggregate principal amount | $ 32,135 | $ 43,424 | |
| Notes payable agreement period | 7 years |
Derivatives (Fair Values of Derivative Financial Instruments) (Details) - USD ($) |
12 Months Ended | ||||||
|---|---|---|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
||||||
| Derivatives Fair Value [Line Items] | |||||||
| Notional or Contractual Amount | $ 8,040,346,000 | $ 7,392,532,000 | |||||
| Fair Values, Assets | 46,120,000 | 71,893,000 | |||||
| Fair Values, Assets | [1] | 105,612,000 | 150,253,000 | ||||
| Less: netting adjustments | [1],[2] | (42,486,000) | (76,413,000) | ||||
| Total derivative assets/liabilities | [1] | 63,126,000 | 73,840,000 | ||||
| Fair Values, Liabilities | 36,259,000 | 54,707,000 | |||||
| Fair Values, Liabilities | [1] | 95,373,000 | 160,623,000 | ||||
| Less: netting adjustments | (6,000) | 0 | [1],[2] | ||||
| Other Liabilities [Member] | |||||||
| Derivatives Fair Value [Line Items] | |||||||
| Total derivative assets/liabilities | [1] | 95,367,000 | 160,623,000 | ||||
| Derivatives Designated as Hedging Instruments [Member] | |||||||
| Derivatives Fair Value [Line Items] | |||||||
| Notional or Contractual Amount | 2,172,500,000 | 1,827,500,000 | |||||
| Fair Values, Assets | [1] | 27,595,000 | 39,647,000 | ||||
| Fair Values, Liabilities | [1] | 16,335,000 | 48,022,000 | ||||
| Derivatives Not Designated as Hedging Instruments [Member] | |||||||
| Derivatives Fair Value [Line Items] | |||||||
| Notional or Contractual Amount | 5,867,846,000 | 5,565,032,000 | |||||
| Fair Values, Assets | [1] | 78,017,000 | 110,606,000 | ||||
| Fair Values, Liabilities | [1] | 79,038,000 | 112,601,000 | ||||
| Derivatives Not Designated as Hedging Instruments [Member] | Interest Rate Swaps [Member] | |||||||
| Derivatives Fair Value [Line Items] | |||||||
| Notional or Contractual Amount | 5,308,711,000 | 4,926,461,000 | |||||
| Fair Values, Assets | [1] | 73,725,000 | 108,702,000 | ||||
| Fair Values, Liabilities | [1] | 73,829,000 | 108,761,000 | ||||
| Derivatives Not Designated as Hedging Instruments [Member] | Risk Participation Agreements [Member] | |||||||
| Derivatives Fair Value [Line Items] | |||||||
| Notional or Contractual Amount | 373,117,000 | 445,554,000 | |||||
| Fair Values, Assets | [1] | 10,000 | 7,000 | ||||
| Fair Values, Liabilities | [1] | 10,000 | 9,000 | ||||
| Derivatives Not Designated as Hedging Instruments [Member] | Forward Commitments to Sell Residential Mortgage Loans [Member] | |||||||
| Derivatives Fair Value [Line Items] | |||||||
| Notional or Contractual Amount | 9,081,000 | 25,526,000 | |||||
| Fair Values, Assets | [1] | 2,000 | |||||
| Fair Values, Liabilities | [1] | 108,000 | 383,000 | ||||
| Derivatives Not Designated as Hedging Instruments [Member] | To Be Announced (TBA) Securities [Member] | |||||||
| Derivatives Fair Value [Line Items] | |||||||
| Notional or Contractual Amount | 30,000,000 | 15,250,000 | |||||
| Fair Values, Assets | [1] | 4,000 | 88,000 | ||||
| Fair Values, Liabilities | [1] | 62,000 | 1,000 | ||||
| Derivatives Not Designated as Hedging Instruments [Member] | Interest Rate-Lock Commitments on Residential Mortgage Loans [Member] | |||||||
| Derivatives Fair Value [Line Items] | |||||||
| Notional or Contractual Amount | 23,192,000 | 27,465,000 | |||||
| Fair Values, Assets | [1] | 497,000 | 420,000 | ||||
| Fair Values, Liabilities | [1] | 0 | |||||
| Derivatives Not Designated as Hedging Instruments [Member] | Foreign Exchange Forward Contracts [Member] | |||||||
| Derivatives Fair Value [Line Items] | |||||||
| Notional or Contractual Amount | 82,157,000 | 82,756,000 | |||||
| Fair Values, Assets | [1] | 3,779,000 | 1,389,000 | ||||
| Fair Values, Liabilities | [1] | 3,745,000 | 1,358,000 | ||||
| Derivatives Not Designated as Hedging Instruments [Member] | Visa Class B derivative contract [Member] | |||||||
| Derivatives Fair Value [Line Items] | |||||||
| Notional or Contractual Amount | 41,588,000 | 42,020,000 | |||||
| Fair Values, Liabilities | [1] | 1,284,000 | 2,089,000 | ||||
| Cash Flow Hedge [Member] | Derivatives Designated as Hedging Instruments [Member] | Interest Rate Swaps - Variable Rate Loans [Member] | |||||||
| Derivatives Fair Value [Line Items] | |||||||
| Notional or Contractual Amount | 1,775,000,000 | 1,350,000,000 | |||||
| Fair Values, Assets | [1] | 4,026,000 | |||||
| Fair Values, Liabilities | [1] | 16,335,000 | 48,022,000 | ||||
| Fair Value Hedging [Member] | Derivatives Designated as Hedging Instruments [Member] | Interest Rate Swaps - Securities [Member] | |||||||
| Derivatives Fair Value [Line Items] | |||||||
| Notional or Contractual Amount | 397,500,000 | 477,500,000 | |||||
| Fair Values, Assets | [1] | $ 23,569,000 | $ 39,647,000 | ||||
| |||||||
Derivatives (Narrative) (Details) |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 31, 2025
USD ($)
SwapAgreements
|
Dec. 31, 2024
USD ($)
|
Dec. 31, 2023
USD ($)
|
|
| Derivative [Line Items] | |||
| Notional amount of derivatives | $ 8,040,346,000 | $ 7,392,532,000 | |
| Payments for (Proceeds from) Hedge, Investing Activities, Total | (2,270,000) | 13,730,000 | $ (16,360,000) |
| Fair value liability | 1,300,000 | 2,100,000 | |
| Credit risk-related contingent features, net liability position | 13,200,000 | 39,100,000 | |
| Credit risk-related contingent features, posted collateral | 13,000,000 | 38,000,000 | |
| Derivatives Designated as Hedging Instruments [Member] | |||
| Derivative [Line Items] | |||
| Notional amount of derivatives | $ 2,172,500,000 | 1,827,500,000 | |
| Interest Rate Swaps [Member] | Derivatives Designated as Hedging Instruments [Member] | Cash Flow Hedge [Member] | |||
| Derivative [Line Items] | |||
| Amortization of accumulated other comprehensive loss on terminated cash flow hedges | $ 13,700,000 | 2,900,000 | |
| Number of terminated interest rate swap agreements | SwapAgreements | 0 | ||
| Derivative Maturity Year | 2029 | ||
| Derivative maturity expiration year | 2029 | ||
| Interest Rate Swaps [Member] | Derivatives Designated as Hedging Instruments [Member] | Cash Flow Hedge [Member] | Swap Agreement 3, Expires 2025 [Member] | |||
| Derivative [Line Items] | |||
| Notional amount of derivatives | $ 425,000,000 | ||
| Derivative Maturity Year | 2026 | ||
| Derivative maturity expiration year | 2026 | ||
| Interest Rate Swaps [Member] | Derivatives Designated as Hedging Instruments [Member] | Cash Flow Hedge [Member] | Swap Agreement 4, Expires 2026 [Member] | |||
| Derivative [Line Items] | |||
| Notional amount of derivatives | $ 825,000,000 | ||
| Derivative Maturity Year | 2027 | ||
| Derivative maturity expiration year | 2027 | ||
| Interest Rate Swaps [Member] | Derivatives Designated as Hedging Instruments [Member] | Cash Flow Hedge [Member] | Swap Agreement 5, Expires 2027 [Member] | |||
| Derivative [Line Items] | |||
| Notional amount of derivatives | $ 50,000,000 | ||
| Derivative Maturity Year | 2028 | ||
| Derivative maturity expiration year | 2028 | ||
| Interest Rate Swaps [Member] | Derivatives Designated as Hedging Instruments [Member] | Cash Flow Hedge [Member] | Swap Agreement 6, Expires Thereafter [Member] | |||
| Derivative [Line Items] | |||
| Notional amount of derivatives | 275,000,000 | ||
| Interest Rate Swaps [Member] | Derivatives Designated as Hedging Instruments [Member] | Cash Flow Hedge [Member] | Swap Agreement 7, Expires 2030 [Member] | |||
| Derivative [Line Items] | |||
| Notional amount of derivatives | $ 200,000,000 | ||
| Derivative Maturity Year | 2030 | ||
| Derivative maturity expiration year | 2030 | ||
| Interest Rate Swaps [Member] | Derivatives Designated as Hedging Instruments [Member] | Fair Value Hedging [Member] | |||
| Derivative [Line Items] | |||
| Payments for (Proceeds from) Hedge, Investing Activities, Total | $ 2,300 | $ 19,300 | |
| Interest Rate Swaps - Securities [Member] | Derivatives Designated as Hedging Instruments [Member] | Fair Value Hedging [Member] | |||
| Derivative [Line Items] | |||
| Notional amount of derivatives | 397,500,000 | $ 477,500,000 | |
| Derivative hedged item | $ 373,800,000 | ||
| Basis adjustment associated with hedged items loss | 23,700,000 | ||
| Interest Rate Swaps - Securities [Member] | Derivatives Designated as Hedging Instruments [Member] | Fair Value Hedging [Member] | Commercial Mortgage-Backed Securities [Member] | |||
| Derivative [Line Items] | |||
| Amortized cost basis of closed portfolio of pre-payable securities | $ 432,000,000 | ||
Derivatives (Effects of Derivative Instruments on the Statements of Income) (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Derivative Instruments, Gain (Loss) [Line Items] | |||
| Derivative income reflected in income statement | $ (9,441) | $ (38,772) | $ (24,871) |
| Fair Value Hedging [Member] | |||
| Derivative Instruments, Gain (Loss) [Line Items] | |||
| Derivative income reflected in income statement | $ 248,500 | ||
| Derivatives Designated as Hedging Instruments [Member] | Cash Flow Hedge [Member] | Interest Rate Swaps - Variable Rate Loans [Member] | |||
| Derivative Instruments, Gain (Loss) [Line Items] | |||
| Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Interest and Fee Income, Loan and Lease, Held-in-Portfolio | Interest and Fee Income, Loan and Lease, Held-in-Portfolio | Interest and Fee Income, Loan and Lease, Held-in-Portfolio |
| Derivative income reflected in income statement | $ (33,743) | $ (47,944) | $ (40,714) |
| Derivatives Designated as Hedging Instruments [Member] | Fair Value Hedging [Member] | Interest Rate Swaps - Securities [Member] | |||
| Derivative Instruments, Gain (Loss) [Line Items] | |||
| Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Interest Income, Securities, Operating, Taxable | Interest Income, Securities, Operating, Taxable | Interest Income, Securities, Operating, Taxable |
| Derivative income reflected in income statement | $ 18,096 | $ 12,627 | $ 11,945 |
| Derivatives Designated as Hedging Instruments [Member] | Fair Value Hedging [Member] | Securities Termination [Member] | |||
| Derivative Instruments, Gain (Loss) [Line Items] | |||
| Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Debt and Equity Securities, Gain (Loss) | Debt and Equity Securities, Gain (Loss) | Debt and Equity Securities, Gain (Loss) |
| Derivative income reflected in income statement | $ 399 | $ 0 | $ 2,725 |
| Derivatives Not Designated as Hedging Instruments [Member] | |||
| Derivative Instruments, Gain (Loss) [Line Items] | |||
| Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Noninterest Income, Other | Noninterest Income, Other | Noninterest Income, Other |
| Derivative income reflected in income statement | $ 5,819 | $ (3,790) | $ 420 |
| Derivatives Not Designated as Hedging Instruments [Member] | Residential mortgage banking | |||
| Derivative Instruments, Gain (Loss) [Line Items] | |||
| Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Noninterest Income | Noninterest Income | Noninterest Income |
| Derivative income reflected in income statement | $ (12) | $ 335 | $ 753 |
Derivatives (Offsetting Derivative Assets and Liabilities Subject to Master Netting Arrangements) (Details) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Derivative Instruments and Hedging Activities Disclosure [Abstract] | ||
| Gross Amounts Recognized, Derivative Assets | $ 89,930 | $ 149,808 |
| Gross Amounts Offset in the Statement of Financial Position, Derivative Assets | (43,810) | (77,915) |
| Net Amounts Presented in the Statement of Financial Position, Derivative Assets | 46,120 | 71,893 |
| Gross Amounts Not Offset in the Statement of Financial Position - Financial Instruments, Derivative Assets | 36,259 | 54,707 |
| Gross Amounts Not offset in the Statement of Financial Position - Cash Collateral, Derivative Assets | 32,890 | 64,260 |
| Net Amounts Presented in the Statement of Financial Position, Derivative Assets | 42,751 | 81,446 |
| Gross Amounts Recognized, Derivative Liabilities | 36,264 | 54,707 |
| Gross Amounts Offset in the Statement of Financial Position, Derivative Liabilities | (5) | 0 |
| Net Amounts Presented in the Statement of Financial Position, Derivative Liabilities | 36,259 | 54,707 |
| Gross Amounts Not Offset in the Statement of Financial Position - Financial Instruments, Derivative Liabilities | 36,259 | 54,707 |
| Gross Amounts Not Offset in the Statement of Financial Position - Cash Collateral, Derivative Liabilities | 0 | 0 |
| Gross Amounts Not Offset in the Statement of Financial Position - Net Amount, Derivatives Liabilities | $ 0 | $ (0) |
Stockholders' Equity (Narrative) (Details) $ / shares in Units, $ in Millions |
12 Months Ended | ||||||
|---|---|---|---|---|---|---|---|
|
Dec. 10, 2025
shares
|
Dec. 09, 2024
shares
|
Jan. 26, 2023
shares
|
Dec. 31, 2025
USD ($)
$ / shares
shares
|
Dec. 31, 2024
USD ($)
$ / shares
shares
|
Dec. 31, 2023
shares
|
Dec. 31, 2018 |
|
| Equity, Class of Treasury Stock [Line Items] | |||||||
| Treasury stock, shares | 10,700,000 | 6,700,000 | |||||
| Treasury stock, Cost basis | $ | $ 502.9 | $ 264.1 | |||||
| Shares repurchased | 4,306,200 | 762,993 | |||||
| Excise tax | $ | $ 2.2 | $ 0.1 | |||||
| Minimum risk-based capital ratio | 0.08 | 0.08 | 0.08 | ||||
| Minimum Tier 1 common equity | 4.50% | 4.50% | 4.50% | ||||
| Minimum Tier 1 capital ratio | 0.06 | 0.06 | 0.06 | ||||
| Minimum Tier 1 leverage capital ratio | 0.04 | 0.04 | 0.04 | ||||
| Well capitalized total risk based capital ratio | 0.10 | 0.10 | 0.10 | ||||
| Well capitalized Tier 1 common equity | 6.50% | 6.50% | 6.50% | ||||
| Well capitalized Tier 1 risk-based capital ratio | 0.08 | 0.08 | 0.08 | ||||
| Well capitalized Tier 1 leverage capital ratio | 0.05 | 0.05 | 0.05 | ||||
| Minimum requirement of capital conservation buffer ratio | 2.50% | ||||||
| Bank Holding Companies and Banks that Meet Certain Criteria [Member] | |||||||
| Equity, Class of Treasury Stock [Line Items] | |||||||
| Minimum Tier 1 leverage capital ratio | 0.03 | ||||||
| 2018 Stock Buyback Program [Member] | |||||||
| Equity, Class of Treasury Stock [Line Items] | |||||||
| Percentage of shares authorized to be repurchased | 5.00% | 5.00% | 5.00% | ||||
| Number of shares authorized for repurchase | 4,100,000 | 4,300,000 | 4,300,000 | ||||
| Stock repurchase expiration date | Dec. 31, 2026 | ||||||
| Shares repurchased | 4,306,200 | 762,993 | 0 | ||||
| 2018 Stock Buyback Program [Member] | Common Stock [Member] | |||||||
| Equity, Class of Treasury Stock [Line Items] | |||||||
| Shares purchased average cost per share | $ / shares | $ 57.3 | $ 49.4 | |||||
| Restricted Stock [Member] | |||||||
| Equity, Class of Treasury Stock [Line Items] | |||||||
| Number of shares nonvested | 8,520 | 111,964 | |||||
Stockholders' Equity (Components of Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
| Balance | $ 4,127,636 | $ 3,803,661 | $ 3,342,628 |
| Net change in unrealized gain (loss) | 243,977 | (65,141) | 91,061 |
| Reclassification of net (gain) loss realized and included in earnings | 35,033 | 52,832 | 115,619 |
| Valuation adjustments for employee benefit plans | 17,231 | 28,191 | (13,325) |
| Amortization of unrealized net (gain) loss on securities transferred to held to maturity | 1,580 | 1,670 | 1,747 |
| Income tax (expense) benefit | (67,980) | (2,517) | (44,047) |
| Balance | 4,460,117 | 4,127,636 | 3,803,661 |
| Accumulated Other Comprehensive Loss Available for Sale Securities [Member] | |||
| Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
| Balance | (473,679) | (450,748) | (584,408) |
| Net change in unrealized gain (loss) | 232,827 | (31,119) | 104,543 |
| Reclassification of net (gain) loss realized and included in earnings | 410 | 68,105 | |
| Income tax (expense) benefit | (53,393) | 8,188 | (38,988) |
| Balance | (293,835) | (473,679) | (450,748) |
| Held to Maturity Securities Transferred from AFS [Member] | |||
| Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
| Balance | (8,071) | (9,385) | (10,734) |
| Net change in unrealized gain (loss) | 0 | 0 | 0 |
| Amortization of unrealized net (gain) loss on securities transferred to held to maturity | 1,580 | 1,670 | 1,747 |
| Income tax (expense) benefit | (367) | (356) | (398) |
| Balance | (6,858) | (8,071) | (9,385) |
| Employee Benefit Plans [Member] | |||
| Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
| Balance | (77,235) | (103,061) | (97,952) |
| Reclassification of net (gain) loss realized and included in earnings | 3,281 | 4,888 | 6,800 |
| Valuation adjustments for employee benefit plans | 17,231 | 28,191 | (13,325) |
| Income tax (expense) benefit | (4,725) | (7,253) | 1,416 |
| Balance | (61,448) | (77,235) | (103,061) |
| Accumulated Net Gain Loss From Designated Or Qualifying Cash Flow Hedge [Member] | |||
| Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
| Balance | (47,136) | (58,306) | (79,093) |
| Net change in unrealized gain (loss) | 8,094 | (33,678) | (13,850) |
| Reclassification of net (gain) loss realized and included in earnings | 33,742 | 47,944 | 40,714 |
| Income tax (expense) benefit | (9,495) | (3,096) | (6,077) |
| Balance | (14,795) | (47,136) | (58,306) |
| Accumulated Other Comprehensive Loss [Member] | |||
| Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
| Balance | (606,092) | (621,127) | (772,182) |
| Balance | (376,251) | (606,092) | (621,127) |
| Equity Method Investment [Member] | |||
| Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
| Balance | 29 | 373 | 5 |
| Net change in unrealized gain (loss) | 3,056 | (344) | 368 |
| Reclassification of net (gain) loss realized and included in earnings | (2,400) | ||
| Amortization of unrealized net (gain) loss on securities transferred to held to maturity | 0 | 0 | 0 |
| Income tax (expense) benefit | 0 | 0 | 0 |
| Balance | $ 685 | $ 29 | $ 373 |
Stockholders' Equity (Line Items in Consolidated Income Statements Affected by Amounts Reclassified from Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | |||
| Amortization of defined benefit pension and post-retirement items | $ 17,231 | $ 28,191 | $ (13,325) |
| Employee Benefit Plans [Member] | |||
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | |||
| Amortization of defined benefit pension and post-retirement items | 17,231 | 28,191 | $ (13,325) |
| Reclassification out of Accumulated Other Comprehensive Income [Member] | |||
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | |||
| Total reclassifications, net of tax | (27,738) | (42,670) | |
| Reclassification out of Accumulated Other Comprehensive Income [Member] | Held to Maturity Securities Transferred from AFS [Member] | |||
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | |||
| Amortization of unrealized net loss on securities transferred to HTM | (1,580) | (1,670) | |
| Tax effect | 367 | 356 | |
| Net of tax | (1,213) | (1,314) | |
| Reclassification out of Accumulated Other Comprehensive Income [Member] | Available for Sale Securities [Member] | |||
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | |||
| Loss on sale of AFS securities | (410) | 0 | |
| Tax effect | 94 | 0 | |
| Net of tax | (316) | 0 | |
| Reclassification out of Accumulated Other Comprehensive Income [Member] | Employee Benefit Plans [Member] | |||
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | |||
| Amortization of defined benefit pension and post-retirement items | (3,281) | (4,888) | |
| Tax effect | 756 | 1,072 | |
| Net of tax | (2,525) | (3,816) | |
| Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent | |||
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | |||
| Reclassification of unrealized loss on cash flow hedges | (27,619) | (45,537) | |
| Tax effect | 6,268 | 9,882 | |
| Net of tax | (21,351) | (35,655) | |
| Amortization of loss on terminated cash flow hedges | $ (6,123) | $ (2,407) | |
| OCI, Cash Flow Hedge, Reclassification for Discontinuance, Statement of Income or Comprehensive Income [Extensible Enumeration] | Interest and Dividend Income, Operating | Interest and Dividend Income, Operating | |
| Tax effect | $ 1,390 | $ 522 | |
| Net of tax | (4,733) | (1,885) | |
| Reclassification out of Accumulated Other Comprehensive Income [Member] | Gains and Losses on Equity Method Investment [Member] | |||
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | |||
| Reclassification of unrealized gain on equity method investment | 2,400 | 0 | |
| Tax effect | 0 | 0 | |
| Net of Tax | $ 2,400 | $ 0 | |
Stockholders' Equity (Compliance with Regulatory Capital Requirements) (Details) $ in Thousands |
Dec. 31, 2025
USD ($)
|
Dec. 31, 2024
USD ($)
|
Dec. 31, 2018 |
|---|---|---|---|
| Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items] | |||
| Tier 1 leverage capital, Actual, Amount | $ 3,872,490 | $ 3,886,926 | |
| Common equity tier 1 (to risk weighted assets), Actual, Amount | 3,872,490 | 3,886,926 | |
| Tier 1 capital (to risk weighted assets), Actual, Amount | 3,872,490 | 3,886,926 | |
| Total capital (to risk weighted assets), Actual, Amount | $ 4,383,948 | $ 4,378,748 | |
| Tier 1 leverage capital, Actual, Ratio % | 0.1117 | 0.1129 | |
| Common equity tier 1 (to risk weighted assets), Actual, Ratio % | 13.65% | 14.14% | |
| Tier 1 capital (to risk weighted assets), Actual, Ratio % | 0.1365 | 0.1414 | |
| Total capital (to risk weighted assets), Actual, Ratio % | 0.1545 | 0.1593 | |
| Tier 1 leverage capital, Required for Minimum Capital Adequacy, Amount | $ 1,386,435 | $ 1,377,216 | |
| Common equity tier 1 (to risk weighted assets), Required for Minimum Capital Adequacy, Amount | 1,276,984 | 1,237,066 | |
| Tier 1 capital (to risk weighted assets), Required for Minimum Capital Adequacy, Amount | 1,702,645 | 1,649,421 | |
| Total capital (to risk weighted assets), Required for Minimum Capital Adequacy, Amount | $ 2,270,193 | $ 2,199,228 | |
| Tier 1 leverage capital, Required for Minimum Capital Adequacy, Ratio % | 0.04 | 0.04 | 0.04 |
| Common equity tier 1 (to risk weighted assets), Required for Minimum Capital Adequacy, Ratio % | 4.50% | 4.50% | 4.50% |
| Tier 1 capital (to risk weighted assets), Required for Minimum Capital Adequacy, Ratio % | 0.06 | 0.06 | 0.06 |
| Total capital (to risk weighted assets), Required for Minimum Capital Adequacy, Ratio % | 0.08 | 0.08 | 0.08 |
| Tier 1 leverage capital, Required To Be Well Capitalized, Amount | $ 1,733,044 | $ 1,721,520 | |
| Common equity tier 1 (to risk weighted assets), Required To Be Well Capitalized, Amount | 1,844,532 | 1,786,873 | |
| Tier 1 capital (to risk weighted assets), Required To Be Well Capitalized, Amount | 2,270,193 | 2,199,228 | |
| Total capital (to risk weighted assets), Required To Be Well Capitalized, Amount | $ 2,837,741 | $ 2,749,036 | |
| Tier 1 leverage capital, Required To Be Well Capitalized, Ratio % | 0.05 | 0.05 | 0.05 |
| Common equity tier 1 (to risk weighted assets), Required To Be Well Capitalized, Ratio % | 6.50% | 6.50% | 6.50% |
| Tier 1 capital (to risk weighted assets), Required To Be Well Capitalized, Ratio % | 0.08 | 0.08 | 0.08 |
| Total capital (to risk weighted assets), Required To Be Well Capitalized, Ratio % | 0.10 | 0.10 | 0.10 |
| Hancock Whitney Bank [Member] | |||
| Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items] | |||
| Tier 1 leverage capital, Actual, Amount | $ 3,753,825 | $ 3,754,217 | |
| Common equity tier 1 (to risk weighted assets), Actual, Amount | 3,753,825 | 3,754,217 | |
| Tier 1 capital (to risk weighted assets), Actual, Amount | 3,753,825 | 3,754,217 | |
| Total capital (to risk weighted assets), Actual, Amount | $ 4,092,783 | $ 4,073,539 | |
| Tier 1 leverage capital, Actual, Ratio % | 0.1084 | 0.1091 | |
| Common equity tier 1 (to risk weighted assets), Actual, Ratio % | 13.24% | 13.67% | |
| Tier 1 capital (to risk weighted assets), Actual, Ratio % | 0.1324 | 0.1367 | |
| Total capital (to risk weighted assets), Actual, Ratio % | 0.1443 | 0.1483 | |
| Tier 1 leverage capital, Required for Minimum Capital Adequacy, Amount | $ 1,385,477 | $ 1,376,113 | |
| Common equity tier 1 (to risk weighted assets), Required for Minimum Capital Adequacy, Amount | 1,275,931 | 1,235,956 | |
| Tier 1 capital (to risk weighted assets), Required for Minimum Capital Adequacy, Amount | 1,701,241 | 1,647,942 | |
| Total capital (to risk weighted assets), Required for Minimum Capital Adequacy, Amount | $ 2,268,322 | $ 2,197,256 | |
| Tier 1 leverage capital, Required for Minimum Capital Adequacy, Ratio % | 0.04 | 0.04 | |
| Common equity tier 1 (to risk weighted assets), Required for Minimum Capital Adequacy, Ratio % | 4.50% | 4.50% | |
| Tier 1 capital (to risk weighted assets), Required for Minimum Capital Adequacy, Ratio % | 0.06 | 0.06 | |
| Total capital (to risk weighted assets), Required for Minimum Capital Adequacy, Ratio % | 0.08 | 0.08 | |
| Tier 1 leverage capital, Required To Be Well Capitalized, Amount | $ 1,731,847 | $ 1,720,142 | |
| Common equity tier 1 (to risk weighted assets), Required To Be Well Capitalized, Amount | 1,843,011 | 1,785,270 | |
| Tier 1 capital (to risk weighted assets), Required To Be Well Capitalized, Amount | 2,268,322 | 2,197,256 | |
| Total capital (to risk weighted assets), Required To Be Well Capitalized, Amount | $ 2,835,402 | $ 2,746,570 | |
| Tier 1 leverage capital, Required To Be Well Capitalized, Ratio % | 0.05 | 0.05 | |
| Common equity tier 1 (to risk weighted assets), Required To Be Well Capitalized, Ratio % | 6.50% | 6.50% | |
| Tier 1 capital (to risk weighted assets), Required To Be Well Capitalized, Ratio % | 0.08 | 0.08 | |
| Total capital (to risk weighted assets), Required To Be Well Capitalized, Ratio % | 0.10 |
Other Noninterest Income and Other Noninterest Expense (Components of Other Noninterest Income and Other Noninterest Expense) (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Other noninterest income: | |||
| Income from bank-owned life insurance | $ 21,348 | $ 16,944 | $ 15,454 |
| Credit-related fees | 11,273 | 12,036 | 12,557 |
| Income (loss) from derivatives | 5,819 | (3,790) | 420 |
| Net gains on sales of premises, equipment and other assets | 6,119 | 7,820 | 19,388 |
| Other miscellaneous income | 23,023 | 26,991 | 23,617 |
| Total other noninterest income | 67,582 | 60,001 | 71,436 |
| Other noninterest expense: | |||
| Corporate value and franchise taxes | 17,272 | 19,002 | 20,355 |
| Advertising | 14,261 | 13,298 | 13,454 |
| Telecommunication and postage | 10,134 | 9,519 | 10,773 |
| Entertainment and contributions | 12,900 | 11,849 | 10,664 |
| Tax credit investment amortization | 4,258 | 6,250 | 5,791 |
| Travel expenses | 7,115 | 5,965 | 5,469 |
| Printing and supplies | 3,981 | 3,939 | 4,073 |
| Other retirement expense | (16,172) | (18,112) | (13,460) |
| Other miscellaneous expense | 34,267 | 32,773 | 31,573 |
| Total other noninterest expense | $ 88,016 | $ 84,483 | $ 88,692 |
Income Taxes (Income Tax Expense) (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Income Tax Disclosure [Abstract] | |||
| Current federal | $ 89,830 | $ 94,382 | $ 72,884 |
| Current state | 13,270 | 14,477 | 10,656 |
| Total current provision | 103,100 | 108,859 | 83,540 |
| Deferred federal | 21,114 | 3,648 | 12,139 |
| Deferred state | 2,108 | 651 | 1,847 |
| Total deferred provision | 23,222 | 4,299 | 13,986 |
| Total expense included in net income | $ 126,322 | $ 113,158 | $ 97,526 |
Income Taxes (Deferred Tax Assets and Liabilities) (Details) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Income Tax Disclosure [Abstract] | ||
| Allowance for loan losses | $ 73,479 | $ 80,270 |
| Federal and state net operating loss | 8,483 | 2,560 |
| Lease liability | 27,399 | 26,686 |
| Net unrealized losses on securities available-for-sale and cash flow hedges | 93,189 | 155,432 |
| Derivatives | 12,304 | 22,840 |
| Other | 10,015 | 14,271 |
| Gross deferred tax assets | 224,869 | 302,059 |
| Valuation allowance | (5,928) | (4,623) |
| Net deferred tax assets | 218,941 | 297,436 |
| Employee compensation and benefits | (20,660) | (14,708) |
| Fixed assets & intangibles | (35,435) | (33,500) |
| Lease financing | (66,455) | (60,354) |
| Right-of-use asset | (23,014) | (22,383) |
| Loan purchase accounting adjustments | (8) | |
| Other | (17,579) | (19,916) |
| Gross deferred tax liabilities | (163,143) | (150,869) |
| Net deferred tax asset | $ 55,798 | $ 146,567 |
Income Taxes (Narrative) (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Income Tax [Line Items] | |||
| Tax computed at statutory rate | 21.00% | 21.00% | 21.00% |
| Deferred tax assets valuation allowance | $ 5,928 | $ 4,623 | |
| Income tax examination, description | Generally, the federal returns for years prior to 2022 are no longer subject to examination. State returns that are open to examination vary by jurisdiction and are generally open three to four years. | ||
| State [Member] | 2003 Through 2020 Tax Years [Member] | |||
| Income Tax [Line Items] | |||
| Net operating loss carryforwards | $ 79,200 | ||
| Operating loss carryforwards, originated tax years | 2003 through 2025 | ||
| Net operating loss carryforwards, expiration year | 2032 | ||
| Operating loss carryforwards valuation allowance | $ 79,200 | ||
| Deferred tax assets valuation allowance | $ 3,700 | ||
Income Taxes (Effective Income Tax Rate Reconciliation) (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Income Tax Disclosure [Abstract] | |||
| U.S. federal statutory tax rate, amount | $ 128,603 | $ 120,534 | $ 102,927 |
| State income taxes, net of federal income tax effect, amount | 11,808 | 11,953 | 9,703 |
| Effects of cross-border tax laws | |||
| Other, amount | 19 | 0 | 2 |
| Tax credits | |||
| New market tax credit, amount | (4,805) | (7,268) | (6,924) |
| Other, amount | (2,098) | (1,743) | (2,650) |
| Changes in valuation allowances, amount | 205 | 234 | 1,679 |
| Nontaxable or nondeductible Items | |||
| Tax-exempt interest, amount | (7,773) | (8,443) | (8,755) |
| Life insurance contracts, amount | (5,882) | (6,017) | (4,020) |
| Other, amount | 5,571 | 3,908 | 5,136 |
| Changes in unrecognized tax benefits, amount | 674 | 0 | 428 |
| Total expense included in net income | $ 126,322 | $ 113,158 | $ 97,526 |
| U.S. federal statutory tax rate | 21.00% | 21.00% | 21.00% |
| State income taxes, net of federal income tax effect | 1.90% | 2.10% | 2.00% |
| Effects of cross-border tax laws | |||
| Other | 0.00% | 0.00% | 0.00% |
| Tax credits | |||
| New market tax credit | (0.80%) | (1.30%) | (1.40%) |
| Other | (0.30%) | (0.30%) | (0.50%) |
| Changes in valuation allowances | 0.00% | 0.00% | 0.30% |
| Nontaxable or nondeductible Items | |||
| Tax-exempt interest | (1.30%) | (1.50%) | (1.80%) |
| Life insurance contracts | (1.00%) | (1.00%) | (0.80%) |
| Other | 1.00% | 0.70% | 1.00% |
| Changes in unrecognized tax benefits | 0.10% | 0.00% | 0.10% |
| Income tax expense | 20.60% | 19.70% | 19.90% |
Income Taxes (Summary of Income Taxes Paid (Net of Refunds Received)) (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Income Tax Paid, by Individual Jurisdiction [Line Items] | |||
| U.S. Federal | $ 90,888 | $ 52,731 | $ 88,668 |
| Total U.S. state and local | 12,254 | 13,380 | 13,081 |
| Total income taxes paid (net of refunds received) | 103,142 | 66,111 | 101,749 |
| Florida [Member] | |||
| Income Tax Paid, by Individual Jurisdiction [Line Items] | |||
| Total U.S. state and local | 3,480 | ||
| Other [Member] | |||
| Income Tax Paid, by Individual Jurisdiction [Line Items] | |||
| Total U.S. state and local | $ 12,254 | $ 9,900 | $ 13,081 |
Earnings Per Share (Computation of Earnings Per Common Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Earnings Per Share [Abstract] | |||
| Net income to common shareholders | $ 486,073 | $ 460,815 | $ 392,602 |
| Net income or dividends allocated to participating securities - basic and diluted | 2,042 | 3,027 | 4,014 |
| Net income allocated to common shareholders - basic | 484,031 | 457,788 | 388,588 |
| Net income allocated to common shareholders - diluted | $ 484,031 | $ 457,788 | $ 388,588 |
| Weighted-average common shares - basic | 84,905 | 86,346 | 86,130 |
| Dilutive potential common shares | 535 | 302 | 293 |
| Weighted average common shares - diluted | 85,440 | 86,648 | 86,423 |
| Earnings per common share: Basic | $ 5.7 | $ 5.3 | $ 4.51 |
| Earnings per common share: Diluted | $ 5.67 | $ 5.28 | $ 4.5 |
Earnings Per Share (Narrative) (Details) - shares |
12 Months Ended | |||
|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2020 |
|
| Earnings Per Share [Abstract] | ||||
| Weighted-average anti-dilutive potential common shares | 5,394 | 16,338 | 100,391 | 0 |
Retirement Benefit Plans (Narrative) (Details) - USD ($) |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Defined Benefit Plan Disclosure [Line Items] | |||
| Newly eligible associates initial savings rate | 3.00% | ||
| First 1% Of Contribution Saved [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Matching percentage | 100.00% | ||
| Percentage of compensation saved | 1.00% | ||
| Next 5% Of Contribution Saved [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Matching percentage | 50.00% | ||
| Percentage of compensation saved | 5.00% | ||
| Amended Hancock 401K Plan [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Additional matching percentage | 2.00% | ||
| Period of employment for eligibility | 3 years | ||
| Amended Hancock 401K Plan [Member] | 2% Of Contribution [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Matching percentage | 2.00% | ||
| Amended Hancock 401K Plan [Member] | 4% Of Contribution [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Matching percentage | 4.00% | ||
| Amended Hancock 401K Plan [Member] | 6% Of Contribution [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Matching percentage | 6.00% | ||
| Whitney 401K Plan [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Employer contributions | $ 18,800,000 | $ 17,800,000 | $ 17,900,000 |
| Minimum age for increase in per capita cost of health care benefit | 55 years | ||
| Years of credited service reaching 55 years of age | 10 years | ||
| Hancock Plans [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Minimum age for increase in per capita cost of health care benefit | 55 years | ||
| Years of credited service reaching 55 years of age | 10 years | ||
| Increase (decrease) in pre- and post-Medicare age health costs rate | 7.50% | ||
| Increased (decreased) pre- and post-Medicare age health costs rate | 8.00% | ||
| Period of assumed health rate decline | 3 years | ||
| Decrease in ultimate rate over a period of time | 5.75% | ||
| Pension Benefits [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Contributed to pension plan | $ 0 | 0 | |
| Employer contributions | 1,320,000 | 1,264,000 | |
| Funded status at end of year-net asset (liability) | 281,094,000 | $ 248,589,000 | |
| Excess of plan assets over the benefit obligation | 292,400,000 | ||
| Unfunded benefit obligation | $ 11,300,000 | ||
Retirement Benefit Plans (Changes in Benefit Obligations and Plan Assets) (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Pension Benefits [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Benefit obligation at beginning of year | $ 486,231 | $ 517,648 | |
| Service cost | 6,061 | 7,707 | |
| Interest cost | $ 25,086 | $ 24,047 | $ 23,854 |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Interest Cost, Statement of Income or Comprehensive Income [Extensible Enumeration] | Payroll Taxes Healthcare Costs Pension And Other Postretirement Benefit Expense | Payroll Taxes Healthcare Costs Pension And Other Postretirement Benefit Expense | Payroll Taxes Healthcare Costs Pension And Other Postretirement Benefit Expense |
| Net actuarial gain (loss) | $ 16,517 | $ (35,453) | |
| Benefits paid | (27,988) | (27,718) | |
| Benefit obligation, end of year | 505,907 | 486,231 | $ 517,648 |
| Fair value of plan assets at beginning of year | 734,820 | 723,064 | |
| Actual return on plan assets | 81,135 | 40,388 | |
| Employer contributions | 1,320 | 1,264 | |
| Benefit payments | (27,988) | (27,718) | |
| Expenses | (2,286) | (2,178) | |
| Fair value of plan assets, end of year | 787,001 | 734,820 | 723,064 |
| Funded status at end of year - net asset (liability) | 281,094 | 248,589 | |
| Unrecognized loss (gain) at beginning of year | 109,324 | 141,049 | |
| Net actuarial loss (gain) | (21,678) | (31,725) | |
| Unrecognized loss (gain) at end of year | 87,646 | 109,324 | 141,049 |
| Accumulated benefit obligation | 488,780 | 467,634 | |
| Other Post-Retirement Benefits [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Benefit obligation at beginning of year | 10,447 | 13,404 | |
| Service cost | 24 | 31 | |
| Interest cost | $ 520 | $ 578 | $ 622 |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Interest Cost, Statement of Income or Comprehensive Income [Extensible Enumeration] | Payroll Taxes Healthcare Costs Pension And Other Postretirement Benefit Expense | Payroll Taxes Healthcare Costs Pension And Other Postretirement Benefit Expense | Payroll Taxes Healthcare Costs Pension And Other Postretirement Benefit Expense |
| Plan participants' contributions | $ 549 | $ 608 | |
| Plan amendments | 369 | ||
| Net actuarial gain (loss) | 170 | (2,371) | |
| Benefits paid | (1,469) | (1,803) | |
| Benefit obligation, end of year | 10,610 | 10,447 | $ 13,404 |
| Employer contributions | 920 | 1,196 | |
| Plan participants' contributions | 549 | 608 | |
| Benefit payments | (1,469) | (1,804) | |
| Funded status at end of year - net asset (liability) | (10,610) | (10,447) | |
| Unrecognized loss (gain) at beginning of year | (9,474) | (7,902) | |
| Net actuarial loss (gain) | 1,166 | (1,572) | |
| Unrecognized loss (gain) at end of year | $ (8,308) | $ (9,474) | $ (7,902) |
Retirement Benefit Plans (Components of Net Periodic (Benefits) Cost) (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Defined Benefit Plan Disclosure [Line Items] | |||
| Total recognized in other comprehensive income | $ (17,231) | $ (28,191) | $ 13,325 |
| Pension Benefits [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Service cost | 6,061 | 7,707 | 7,916 |
| Interest cost | $ 25,086 | $ 24,047 | $ 23,854 |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Interest Cost, Statement of Income or Comprehensive Income [Extensible Enumeration] | Payroll Taxes Healthcare Costs Pension And Other Postretirement Benefit Expense | Payroll Taxes Healthcare Costs Pension And Other Postretirement Benefit Expense | Payroll Taxes Healthcare Costs Pension And Other Postretirement Benefit Expense |
| Expected return on plan assets | $ (45,059) | $ (47,626) | $ (44,710) |
| Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Expected Return (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Payroll Taxes Healthcare Costs Pension And Other Postretirement Benefit Expense | Payroll Taxes Healthcare Costs Pension And Other Postretirement Benefit Expense | Payroll Taxes Healthcare Costs Pension And Other Postretirement Benefit Expense |
| Amortization of net (gain) loss/ prior service cost | $ 4,404 | $ 5,687 | $ 7,643 |
| Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Amortization of Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Payroll Taxes Healthcare Costs Pension And Other Postretirement Benefit Expense | Payroll Taxes Healthcare Costs Pension And Other Postretirement Benefit Expense | Payroll Taxes Healthcare Costs Pension And Other Postretirement Benefit Expense |
| Net periodic benefit cost | $ (9,508) | $ (10,185) | $ (5,297) |
| Net (loss) gain recognized during the year | (4,404) | (5,687) | (7,643) |
| Net actuarial loss (gain) | (17,274) | (26,038) | 13,449 |
| Total recognized in other comprehensive income | (21,678) | (31,725) | 5,806 |
| Total recognized in net periodic benefit cost and other comprehensive income | $ (31,186) | $ (41,910) | $ 509 |
| Discount rate for benefit obligations | 5.35% | 5.62% | 4.83% |
| Discount rate for net periodic benefit cost | 5.62% | 4.83% | 5.00% |
| Expected long-term return on plan assets | 6.25% | 6.50% | 6.50% |
| Pension Benefits [Member] | Graded Scale, 7.25% At Age 20 [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Rate of compensation increase | 7.25% | 7.25% | 7.25% |
| Pension Benefits [Member] | Graded Scale, 2.25% At Age 65 [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Rate of compensation increase | 2.25% | 2.25% | 2.25% |
| Other Post-Retirement Benefits [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Service cost | $ 24 | $ 31 | $ 34 |
| Interest cost | $ 520 | $ 578 | $ 622 |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Interest Cost, Statement of Income or Comprehensive Income [Extensible Enumeration] | Payroll Taxes Healthcare Costs Pension And Other Postretirement Benefit Expense | Payroll Taxes Healthcare Costs Pension And Other Postretirement Benefit Expense | Payroll Taxes Healthcare Costs Pension And Other Postretirement Benefit Expense |
| Amortization of net (gain) loss/ prior service cost | $ (1,123) | $ (799) | $ (843) |
| Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Amortization of Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Payroll Taxes Healthcare Costs Pension And Other Postretirement Benefit Expense | Payroll Taxes Healthcare Costs Pension And Other Postretirement Benefit Expense | Payroll Taxes Healthcare Costs Pension And Other Postretirement Benefit Expense |
| Net periodic benefit cost | $ (579) | $ (190) | $ (187) |
| Net (loss) gain recognized during the year | 1,123 | 799 | 843 |
| Net actuarial loss (gain) | 43 | (2,371) | 92 |
| Total recognized in other comprehensive income | 1,166 | (1,572) | 935 |
| Total recognized in net periodic benefit cost and other comprehensive income | $ 587 | $ (1,762) | $ 748 |
| Discount rate for benefit obligations | 5.28% | 5.56% | 4.81% |
| Discount rate for net periodic benefit cost | 5.56% | 4.81% | 4.98% |
Retirement Benefit Plans (Expected Plan Benefit Payments) (Details) $ in Thousands |
Dec. 31, 2025
USD ($)
|
|---|---|
| Defined Benefit Plan Disclosure [Line Items] | |
| 2026 | $ 31,759 |
| 2027 | 33,225 |
| 2028 | 34,464 |
| 2029 | 35,643 |
| 2030 | 36,825 |
| 2031-2035 | 193,881 |
| Total | 365,797 |
| Pension Benefits [Member] | |
| Defined Benefit Plan Disclosure [Line Items] | |
| 2026 | 30,922 |
| 2027 | 32,352 |
| 2028 | 33,579 |
| 2029 | 34,791 |
| 2030 | 36,008 |
| 2031-2035 | 190,109 |
| Total | 357,761 |
| Other Post-Retirement Benefits [Member] | |
| Defined Benefit Plan Disclosure [Line Items] | |
| 2026 | 837 |
| 2027 | 873 |
| 2028 | 885 |
| 2029 | 852 |
| 2030 | 817 |
| 2031-2035 | 3,772 |
| Total | $ 8,036 |
Retirement Benefit Plans (Fair Values of Pension Plan Assets) (Details) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Total Assets including Common Trust Funds [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | $ 787,001 | $ 734,820 |
| Level 1 [Member] | Total Assets including Common Trust Funds [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | 139,350 | 124,057 |
| Level 2 [Member] | Total Assets including Common Trust Funds [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | 34,384 | 37,726 |
| Pension Benefits [Member] | Cash And Equivalents [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | 5,732 | 6,357 |
| Pension Benefits [Member] | Total Cash and Cash-Equivalents [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | 5,732 | 6,357 |
| Pension Benefits [Member] | Fixed Income Securities [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | 71,622 | 64,202 |
| Pension Benefits [Member] | Exchange Traded Fund (ETF)-Fixed Income [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | 4,834 | 4,133 |
| Pension Benefits [Member] | Total Fixed Income [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | 76,456 | 68,335 |
| Pension Benefits [Member] | Domestic And Foreign Stock [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | 50,646 | 48,279 |
| Pension Benefits [Member] | Mutual Funds-Equity [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | 40,900 | 38,812 |
| Pension Benefits [Member] | Total Equity [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | 91,546 | 87,091 |
| Pension Benefits [Member] | Total Real Assets At Fair Value [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | 173,734 | 161,783 |
| Pension Benefits [Member] | Collective Investment Trust Fund - Equity [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | 62,901 | |
| Pension Benefits [Member] | Common Trust Fund (Fixed Income) [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | 483,491 | 514,562 |
| Pension Benefits [Member] | Common Trust Fund (Real Assets) [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | 66,875 | 58,475 |
| Pension Benefits [Member] | Level 1 [Member] | Cash And Equivalents [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | 5,732 | 6,357 |
| Pension Benefits [Member] | Level 1 [Member] | Total Cash and Cash-Equivalents [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | 5,732 | 6,357 |
| Pension Benefits [Member] | Level 1 [Member] | Fixed Income Securities [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | 37,238 | 26,476 |
| Pension Benefits [Member] | Level 1 [Member] | Exchange Traded Fund (ETF)-Fixed Income [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | 4,834 | 4,133 |
| Pension Benefits [Member] | Level 1 [Member] | Total Fixed Income [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | 42,072 | 30,609 |
| Pension Benefits [Member] | Level 1 [Member] | Domestic And Foreign Stock [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | 50,646 | 48,279 |
| Pension Benefits [Member] | Level 1 [Member] | Mutual Funds-Equity [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | 40,900 | 38,812 |
| Pension Benefits [Member] | Level 1 [Member] | Total Equity [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | 91,546 | 87,091 |
| Pension Benefits [Member] | Level 1 [Member] | Total Real Assets At Fair Value [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | 139,350 | 124,057 |
| Pension Benefits [Member] | Level 2 [Member] | Fixed Income Securities [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | 34,384 | 37,726 |
| Pension Benefits [Member] | Level 2 [Member] | Total Fixed Income [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | 34,384 | 37,726 |
| Pension Benefits [Member] | Level 2 [Member] | Total Real Assets At Fair Value [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | $ 34,384 | $ 37,726 |
Retirement Benefit Plans (Percentage and Target Allocations) (Details) |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Defined Benefit Plan Disclosure [Line Items] | ||
| Plan Assets | 100.00% | 100.00% |
| Cash And Equivalents [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Plan Assets | 1.00% | 1.00% |
| Cash And Equivalents [Member] | Minimum [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Target Allocation | 0.00% | 0.00% |
| Cash And Equivalents [Member] | Maximum [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Target Allocation | 5.00% | 5.00% |
| Fixed Income Securities [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Plan Assets | 71.00% | 79.00% |
| Fixed Income Securities [Member] | Minimum [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Target Allocation | 8.00% | 8.00% |
| Fixed Income Securities [Member] | Maximum [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Target Allocation | 72.00% | 72.00% |
| Equity Securities [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Plan Assets | 20.00% | 12.00% |
| Equity Securities [Member] | Minimum [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Target Allocation | 16.00% | 16.00% |
| Equity Securities [Member] | Maximum [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Target Allocation | 22.00% | 22.00% |
| Real Assets Fund [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Plan Assets | 8.00% | 8.00% |
| Real Assets Fund [Member] | Minimum [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Target Allocation | 4.00% | 4.00% |
| Real Assets Fund [Member] | Maximum [Member] | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Target Allocation | 10.00% | 10.00% |
Share-Based Payment Arrangements (Narrative) (Details) $ / shares in Units, $ in Millions |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 31, 2025
USD ($)
Entity
$ / shares
shares
|
Dec. 31, 2024
USD ($)
|
Dec. 31, 2023
USD ($)
|
|
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
| Share-based compensation expense recognized | $ | $ 24.4 | $ 22.7 | $ 24.7 |
| Recognized tax benefit related to share-based compensation | $ | 6.7 | 6.3 | $ 5.7 |
| Restricted and Performance Shares [Member] | |||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
| Total unrecognized compensation expense | $ | $ 47.8 | ||
| Weighted-average period | 2 years 10 months 24 days | ||
| Total fair value of shares vested | $ | $ 21.5 | $ 24.0 | |
| Shares granted | 561,240 | ||
| Grant date fair value per share | $ / shares | $ 56.14 | ||
| Performance Shares [Member] | Executive Management [Member] | |||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
| Service period | 3 years | ||
| Performance Shares [Member] | Total Shareholder Return [Member] | Executive Management [Member] | |||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
| Shares granted | 445,989 | ||
| Vesting performance period | 3 years | ||
| Number of peer group regional banks | Entity | 49 | ||
| Performance Shares [Member] | Total Shareholder Return [Member] | Executive Management [Member] | Tranche One [Member] | |||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
| Percentage of maximum number of shares vested | 200.00% | ||
| Performance Shares [Member] | Adjusted Earnings Per Share [Member] | Executive Management [Member] | |||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
| Shares granted | 66.84 | ||
| Performance Shares [Member] | Average Earnings Per Share [Member] | Executive Management [Member] | |||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
| Shares granted | 26,198 | ||
| Performance Shares [Member] | Average tangible common equity Earnings Per Share [Member] | Executive Management [Member] | |||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
| Shares granted | 26,198 | ||
| Grant date fair value per share | $ / shares | $ 52.02 | ||
| Restricted Stock Units (RSUs) [Member] | |||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
| Shares granted | 26,989 | ||
| 2020 Long Term Incentive Plan [Member] | Options [Member] | |||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
| Aggregate awards authorized for grant | 5,200,000 | ||
| Maximum number of shares which may be granted to participant | 250,000 | ||
| Shares available for future issuance | 2,200,000 | ||
| 2020 Long Term Incentive Plan [Member] | Options [Member] | Maximum [Member] | |||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
| Aggregate awards authorized for grant | 1,000,000 | ||
Share-Based Payment Arrangements (Summary of Nonvested Restricted and Performance Shares) (Details) - Restricted and Performance Shares [Member] |
12 Months Ended |
|---|---|
|
Dec. 31, 2025
$ / shares
shares
| |
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |
| Number of Shares, Nonvested at Beginning | shares | 1,391,236 |
| Number of Shares, Granted | shares | 561,240 |
| Number of Shares, Vested | shares | (481,141) |
| Number of Shares, Cancelled/Forfeited | shares | (71,140) |
| Number of Shares, Nonvested at Ending | shares | 1,400,195 |
| Weighted Average Grant Date Fair Value, Nonvested at Beginning | $ / shares | $ 46.14 |
| Weighted Average Grant Date Fair Value, Granted | $ / shares | 56.14 |
| Weighted Average Grant Date Fair Value, Vested | $ / shares | 44.84 |
| Weighted Average Grant Date Fair Value, Cancelled/Forfeited | $ / shares | 48.02 |
| Weighted Average Grant Date Fair Value, Nonvested at Ending | $ / shares | $ 50.51 |
Commitments and Contingencies (Narrative) (Details) - USD ($) $ in Thousands |
12 Months Ended | |||
|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2022 |
|
| Other Commitments [Line Items] | ||||
| Reserve for unfunded lending commitments | $ 33,928 | $ 24,053 | $ 28,894 | $ 33,309 |
| Federal Deposit Insurance Corporation (FDIC) Special Assessment [Member] | ||||
| Other Commitments [Line Items] | ||||
| Special assessment expense | $ 27,600 |
Commitments and Contingencies (Off-Balance Sheet Financial Instruments) (Details) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Commitments to Extend Credit [Member] | ||
| Loss Contingencies [Line Items] | ||
| Contract amounts | $ 9,650,197 | $ 9,249,468 |
| Letters of Credit [Member] | ||
| Loss Contingencies [Line Items] | ||
| Contract amounts | $ 409,010 | $ 420,614 |
Fair Value Measurements (Financial Assets and Liabilities Measured at Fair Value on Recurring Basis) (Details) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Dec. 31, 2024 |
||||||
|---|---|---|---|---|---|---|---|---|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||
| Derivative assets | $ 46,120 | $ 71,893 | ||||||
| Derivative liabilities | 36,259 | 54,707 | ||||||
| Total recurring fair value measurements - liabilities | 1,300 | 2,100 | ||||||
| Recurring [Member] | ||||||||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||
| Available for sale debt securities | 5,961,917 | 5,161,491 | ||||||
| Mortgage loans held for sale | 33,158 | 18,929 | ||||||
| Derivative assets | 63,126 | [1] | 73,840 | [2] | ||||
| Total fair value measurements | 6,058,201 | 5,254,260 | ||||||
| Derivative liabilities | 95,367 | [1] | 160,623 | [2] | ||||
| Total recurring fair value measurements - liabilities | 95,367 | 160,623 | ||||||
| Recurring [Member] | U.S. Treasury And Government Agency Securities [Member] | ||||||||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||
| Available for sale debt securities | 269,332 | 182,282 | ||||||
| Recurring [Member] | Municipal Obligations [Member] | ||||||||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||
| Available for sale debt securities | 191,328 | 196,330 | ||||||
| Recurring [Member] | Corporate Debt Securities [Member] | ||||||||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||
| Available for sale debt securities | 16,357 | 17,616 | ||||||
| Recurring [Member] | Residential Mortgage-Backed Securities [Member] | ||||||||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||
| Available for sale debt securities | 2,375,629 | 2,129,051 | ||||||
| Recurring [Member] | Commercial Mortgage-Backed Securities [Member] | ||||||||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||
| Available for sale debt securities | 3,083,325 | 2,600,965 | ||||||
| Recurring [Member] | Collateralized Mortgage Obligations [Member] | ||||||||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||
| Available for sale debt securities | 25,946 | 35,247 | ||||||
| Recurring [Member] | Level 2 [Member] | ||||||||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||
| Available for sale debt securities | 5,961,917 | 5,161,491 | ||||||
| Mortgage loans held for sale | 33,158 | 18,929 | ||||||
| Derivative assets | 63,126 | [1] | 73,840 | [2] | ||||
| Total fair value measurements | 6,058,201 | 5,254,260 | ||||||
| Derivative liabilities | 94,083 | [1] | 158,534 | [2] | ||||
| Total recurring fair value measurements - liabilities | 94,083 | 158,534 | ||||||
| Recurring [Member] | Level 2 [Member] | U.S. Treasury And Government Agency Securities [Member] | ||||||||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||
| Available for sale debt securities | 269,332 | 182,282 | ||||||
| Recurring [Member] | Level 2 [Member] | Municipal Obligations [Member] | ||||||||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||
| Available for sale debt securities | 191,328 | 196,330 | ||||||
| Recurring [Member] | Level 2 [Member] | Corporate Debt Securities [Member] | ||||||||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||
| Available for sale debt securities | 16,357 | 17,616 | ||||||
| Recurring [Member] | Level 2 [Member] | Residential Mortgage-Backed Securities [Member] | ||||||||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||
| Available for sale debt securities | 2,375,629 | 2,129,051 | ||||||
| Recurring [Member] | Level 2 [Member] | Commercial Mortgage-Backed Securities [Member] | ||||||||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||
| Available for sale debt securities | 3,083,325 | 2,600,965 | ||||||
| Recurring [Member] | Level 2 [Member] | Collateralized Mortgage Obligations [Member] | ||||||||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||
| Available for sale debt securities | 25,946 | 35,247 | ||||||
| Recurring [Member] | Level 3 [Member] | ||||||||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||||
| Derivative liabilities | 1,284 | [1] | 2,089 | [2] | ||||
| Total recurring fair value measurements - liabilities | $ 1,284 | $ 2,089 | ||||||
| ||||||||
Fair Value Measurements (Narrative) (Details) - Recurring [Member] |
12 Months Ended |
|---|---|
|
Dec. 31, 2025
shares
| |
| Visa Inc [Member] | |
| Fair Value of Financial Instruments, Recurring and Nonrecurring, Valuation Techniques [Line Items] | |
| Number of shares of Visa Class B common stock | 192,163 |
| Minimum [Member] | Fair Value, Inputs, Level 3 [Member] | Measurement Input, Conversion Price [Member] | |
| Fair Value of Financial Instruments, Recurring and Nonrecurring, Valuation Techniques [Line Items] | |
| Values Utilized | 1.55 |
| Minimum [Member] | Fair Value, Inputs, Level 3 [Member] | Measurement Input Visa Class B Common Stock [Member] | |
| Fair Value of Financial Instruments, Recurring and Nonrecurring, Valuation Techniques [Line Items] | |
| Time until resolution | 21 months |
| Maximum [Member] | Fair Value, Inputs, Level 3 [Member] | Measurement Input, Conversion Price [Member] | |
| Fair Value of Financial Instruments, Recurring and Nonrecurring, Valuation Techniques [Line Items] | |
| Values Utilized | 1.54 |
| Maximum [Member] | Fair Value, Inputs, Level 3 [Member] | Measurement Input Visa Class B Common Stock [Member] | |
| Fair Value of Financial Instruments, Recurring and Nonrecurring, Valuation Techniques [Line Items] | |
| Time until resolution | 33 months |
| Investment Securities [Member] | Minimum [Member] | |
| Fair Value of Financial Instruments, Recurring and Nonrecurring, Valuation Techniques [Line Items] | |
| Targeted duration | 2 years |
| Investment Securities [Member] | Maximum [Member] | |
| Fair Value of Financial Instruments, Recurring and Nonrecurring, Valuation Techniques [Line Items] | |
| Targeted duration | 5 years 6 months |
Fair Value Measurements (Financial Assets Measured at Fair Value on Nonrecurring Basis) (Details) - Fair Value, Nonrecurring [Member] - USD ($) $ in Thousands |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Collateral dependent individually evaluated loans | $ 33,762 | $ 28,301 |
| Other real estate owned and foreclosed assets | 14,788 | 27,797 |
| Total fair value measurements | 48,550 | 56,098 |
| Level 3 [Member] | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Collateral dependent individually evaluated loans | 33,762 | 28,301 |
| Other real estate owned and foreclosed assets | 14,788 | 27,797 |
| Total fair value measurements | $ 48,550 | $ 56,098 |
Fair Value Measurements (Estimated Fair Values of Financial Instruments) (Details) - USD ($) $ in Thousands |
12 Months Ended | |
|---|---|---|
Dec. 31, 2024 |
Dec. 31, 2025 |
|
| Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items] | ||
| Held to maturity securities | $ 2,435,663 | $ 2,132,882 |
| Loans held for sale | 18,929 | 33,158 |
| Derivative financial instruments, Financial assets | $ 71,893 | 46,120 |
| Derivative Asset Statement Of Financial Position Extensible Enumeration Not Disclosed Flag | false | |
| Derivative financial instruments, Financial liabilities | $ 54,707 | 36,259 |
| Derivative Liability Statement Of Financial Position Extensible Enumeration Not Disclosed Flag | false | |
| Total Fair Value [Member] | ||
| Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items] | ||
| Cash, interest-bearing bank deposits, and federal funds sold | $ 1,514,625 | 695,261 |
| Available for sale securities | 5,161,491 | 5,961,917 |
| Held to maturity securities | 2,233,526 | 2,011,026 |
| Loans, net | 22,562,577 | 23,588,681 |
| Loans held for sale | 21,525 | 33,158 |
| Derivative financial instruments, Financial assets | 73,840 | 63,126 |
| Deposits | 29,482,628 | 29,274,190 |
| Federal funds purchased | 300 | 70,400 |
| Securities sold under agreements to repurchase | 638,715 | 546,892 |
| Short-term FHLB Borrowings | 400,000 | |
| Long-term debt | 174,660 | 162,257 |
| Derivative financial instruments, Financial liabilities | 160,623 | 95,367 |
| Total Fair Value [Member] | Level 1 [Member] | ||
| Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items] | ||
| Cash, interest-bearing bank deposits, and federal funds sold | 1,514,216 | 695,032 |
| Total Fair Value [Member] | Level 2 [Member] | ||
| Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items] | ||
| Cash, interest-bearing bank deposits, and federal funds sold | 409 | 229 |
| Available for sale securities | 5,161,491 | 5,961,917 |
| Held to maturity securities | 2,233,526 | 2,011,026 |
| Loans held for sale | 21,525 | 33,158 |
| Derivative financial instruments, Financial assets | 73,840 | 63,126 |
| Federal funds purchased | 300 | 70,400 |
| Securities sold under agreements to repurchase | 638,715 | 546,892 |
| Short-term FHLB Borrowings | 400,000 | |
| Long-term debt | 174,660 | 162,257 |
| Derivative financial instruments, Financial liabilities | 158,534 | 94,083 |
| Total Fair Value [Member] | Level 3 [Member] | ||
| Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items] | ||
| Loans, net | 22,562,577 | 23,588,681 |
| Deposits | 29,482,628 | 29,274,190 |
| Derivative financial instruments, Financial liabilities | 2,089 | 1,284 |
| Carrying Amount [Member] | ||
| Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items] | ||
| Cash, interest-bearing bank deposits, and federal funds sold | 1,514,625 | 695,261 |
| Available for sale securities | 5,161,491 | 5,961,917 |
| Held to maturity securities | 2,435,663 | 2,132,882 |
| Loans, net | 22,980,565 | 23,650,709 |
| Loans held for sale | 21,525 | 33,158 |
| Derivative financial instruments, Financial assets | 73,840 | 63,126 |
| Deposits | 29,492,851 | 29,279,774 |
| Federal funds purchased | 300 | 70,400 |
| Securities sold under agreements to repurchase | 638,715 | 546,892 |
| Short-term FHLB Borrowings | 400,000 | |
| Long-term debt | 210,544 | 199,407 |
| Derivative financial instruments, Financial liabilities | $ 160,623 | $ 95,367 |
Condensed Parent Company Information (Condensed Balance Sheets) (Details) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2022 |
|---|---|---|---|---|
| Condensed Balance Sheet Statements, Captions [Line Items] | ||||
| Total assets | $ 35,472,762 | $ 35,081,785 | ||
| Long term debt | 199,407 | 210,544 | ||
| Other liabilities | 380,182 | 473,774 | ||
| Stockholders' equity | 4,460,117 | 4,127,636 | $ 3,803,661 | $ 3,342,628 |
| Total liabilities and stockholders' equity | 35,472,762 | 35,081,785 | ||
| Hancock Whitney Corporation [Member] | ||||
| Condensed Balance Sheet Statements, Captions [Line Items] | ||||
| Cash | 264,514 | 272,693 | ||
| Investment in bank subsidiaries | 4,341,452 | 3,994,927 | ||
| Investment in non-bank subsidiaries | 25,830 | 27,460 | ||
| Due from subsidiaries and other assets | 3,182 | 3,301 | ||
| Total assets | 4,634,978 | 4,298,381 | ||
| Long term debt | 167,272 | 167,120 | ||
| Other liabilities | 7,589 | 3,625 | ||
| Stockholders' equity | 4,460,117 | 4,127,636 | ||
| Total liabilities and stockholders' equity | $ 4,634,978 | $ 4,298,381 |
Condensed Parent Company Information (Condensed Statements of Income) (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Condensed Income Statements, Captions [Line Items] | |||
| Income tax benefit | $ 126,322 | $ 113,158 | $ 97,526 |
| Net income | 486,073 | 460,815 | 392,602 |
| Other comprehensive income, net of tax | 229,841 | 15,035 | 151,055 |
| Comprehensive income | 715,914 | 475,850 | 543,657 |
| Hancock Whitney Corporation [Member] | |||
| Condensed Income Statements, Captions [Line Items] | |||
| Cash dividends received from bank subsidiaries | 380,000 | 205,000 | 185,000 |
| Cash dividend from nonbank subsidiary | 6,000 | 6,000 | |
| Equity in earnings of subsidiaries greater than dividends received | 115,053 | 265,188 | 222,731 |
| Total operating income | 501,053 | 476,188 | 407,731 |
| Other expense, net | 19,885 | 19,828 | 19,587 |
| Income tax benefit | (4,905) | (4,455) | (4,458) |
| Net income | 486,073 | 460,815 | 392,602 |
| Other comprehensive income, net of tax | 229,841 | 15,035 | 151,055 |
| Comprehensive income | $ 715,914 | $ 475,850 | $ 543,657 |
Condensed Parent Company Information (Condensed Statements of Cash Flows) (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Condensed Cash Flow Statements, Captions [Line Items] | |||
| Net cash provided by operating activities | $ 541,778 | $ 625,742 | $ 495,249 |
| Proceeds from sale of premises and equipment | 6,144 | 33,130 | |
| Net cash provided by (used in) investing activities | (314,356) | 274,756 | (295,211) |
| Dividends paid to stockholders | (153,803) | (130,840) | (104,697) |
| Other repurchases of common stock | (246,874) | (37,690) | |
| Proceeds from dividend reinvestment and other incentive plans | 4,441 | 4,120 | 3,815 |
| Payroll tax remitted on net share settlement of equity awards | (8,301) | (9,358) | (5,681) |
| Net cash used in financing activities | (239,337) | (886,790) | (203,295) |
| NET INCREASE (DECREASE) IN CASH AND DUE FROM BANKS | (11,915) | 13,708 | (3,257) |
| CASH AND DUE FROM BANKS, BEGINNING | 574,910 | 561,202 | 564,459 |
| CASH AND DUE FROM BANKS, ENDING | 562,995 | 574,910 | 561,202 |
| Hancock Whitney Corporation [Member] | |||
| Condensed Cash Flow Statements, Captions [Line Items] | |||
| Cash flows from operating activities - principally dividends received from subsidiaries | 396,358 | 227,125 | 198,093 |
| Net cash provided by operating activities | 396,358 | 227,125 | 198,093 |
| Proceeds from sale of premises and equipment | 0 | 320 | |
| Net cash provided by (used in) investing activities | 0 | 320 | |
| Dividends paid to stockholders | (153,803) | (130,840) | (104,697) |
| Other repurchases of common stock | (246,874) | (37,690) | |
| Proceeds from dividend reinvestment and other incentive plans | 4,441 | 4,422 | 3,815 |
| Payroll tax remitted on net share settlement of equity awards | (8,301) | (9,358) | (5,681) |
| Net cash used in financing activities | (404,537) | (173,466) | (106,563) |
| NET INCREASE (DECREASE) IN CASH AND DUE FROM BANKS | (8,179) | 53,979 | 91,530 |
| CASH AND DUE FROM BANKS, BEGINNING | 272,693 | 218,714 | 127,184 |
| CASH AND DUE FROM BANKS, ENDING | $ 264,514 | $ 272,693 | $ 218,714 |
Subsequent Event -Additional Information (Details) - Subsequent Event [Member] $ in Millions |
1 Months Ended |
|---|---|
|
Jan. 31, 2026
USD ($)
| |
| Subsequent Event [Line Items] | |
| Restructuring costs | $ 1,500.0 |
| Restructuring charges | 1,400.0 |
| Effect on future earnings | $ 98.5 |