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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
INTEREST INCOME    
Loans $ 385,566 $ 308,441
Securities:    
Taxable interest 61,111 53,049
Tax-exempt interest 25,333 25,306
Total securities income 86,444 78,355
Federal funds and resell agreements 3,062 5,651
Interest-bearing due from banks 44,688 16,166
Trading securities 305 134
Total interest income 520,065 408,747
INTEREST EXPENSE    
Deposits 223,875 127,899
Federal funds and repurchase agreements 27,662 23,302
Other 29,094 15,850
Total interest expense 280,631 167,051
Net interest income 239,434 241,696
Provision for credit losses 10,000 23,250
Net interest income after provision for credit losses 229,434 218,446
NONINTEREST INCOME    
Trust and securities processing 69,478 62,359
Trading and investment banking 5,462 5,308
Service charges on deposit accounts 20,757 21,159
Insurance fees and commissions 283 274
Brokerage fees 13,160 13,676
Bankcard fees 21,968 18,172
Investment securities gains (losses), net 9,371 (5,324)
Other 18,765 14,576
Total noninterest income 159,244 130,200
NONINTEREST EXPENSE    
Salaries and employee benefits 143,006 142,498
Occupancy, net 12,270 12,177
Equipment 16,503 17,849
Supplies and services 3,301 3,875
Marketing and business development 6,025 5,335
Processing fees 27,936 23,240
Legal and consulting 7,894 7,285
Bankcard 10,567 7,133
Amortization of other intangible assets 1,960 2,298
Regulatory fees 19,395 5,551
Other 5,947 9,811
Total noninterest expense 254,804 237,052
Income (loss) before income taxes 133,874 111,594
Income tax expense 23,616 19,157
Net income (loss) $ 110,258 $ 92,437
PER SHARE DATA    
Net income – basic $ 2.27 $ 1.91
Net income – diluted 2.25 1.90
Dividends $ 0.39 $ 0.38
Weighted average shares outstanding – basic 48,663,515 48,435,016
Weighted average shares outstanding – diluted 48,920,863 48,746,562