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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
INTEREST INCOME    
Loans $ 527,404 $ 385,566
Securities:    
Taxable interest 98,296 61,111
Tax-exempt interest 29,963 25,333
Total securities income 128,259 86,444
Federal funds and resell agreements 6,952 3,062
Interest-bearing due from banks 74,985 44,688
Trading securities 370 305
Total interest income 737,970 520,065
INTEREST EXPENSE    
Deposits 303,406 223,875
Federal funds and repurchase agreements 25,790 27,662
Other 11,135 29,094
Total interest expense 340,331 280,631
Net interest income 397,639 239,434
Provision for credit losses 86,000 10,000
Net interest income after provision for credit losses 311,639 229,434
NONINTEREST INCOME    
Trust and securities processing 79,781 69,478
Trading and investment banking 5,911 5,462
Service charges on deposit accounts 27,457 20,757
Insurance fees and commissions 178 283
Brokerage fees 18,102 13,160
Bankcard fees 26,293 21,968
Investment securities (losses) gains, net (4,782) 9,371
Other 13,258 18,765
Total noninterest income 166,198 159,244
NONINTEREST EXPENSE    
Salaries and employee benefits 221,398 143,006
Occupancy, net 16,069 12,270
Equipment 16,948 16,503
Supplies and services 4,785 3,301
Marketing and business development 7,998 6,025
Processing fees 40,850 27,936
Legal and consulting 28,606 7,894
Bankcard 12,795 10,567
Amortization of other intangible assets 17,482 1,960
Regulatory fees 8,237 19,395
Other 9,619 5,947
Total noninterest expense 384,787 254,804
Income before income taxes 93,050 133,874
Income tax expense 11,717 23,616
NET INCOME 81,333 110,258
Less: Preferred dividends 2,013  
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS $ 79,320 $ 110,258
PER SHARE DATA    
Net income per common share -- basic $ 1.22 $ 2.27
Net income per common share -- diluted 1.21 2.25
Dividends $ 0.40 $ 0.39
Weighted average common shares outstanding -- basic 65,063,262 48,663,515
Weighted average common shares outstanding -- diluted 65,496,058 48,920,863