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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
INTEREST INCOME        
Loans $ 612,414 $ 400,351 $ 1,139,818 $ 785,917
Securities:        
Taxable interest 122,237 61,582 220,533 122,693
Tax-exempt interest 33,024 25,077 62,987 50,410
Total securities income 155,261 86,659 283,520 173,103
Federal funds and resell agreements 8,733 3,674 15,685 6,736
Interest-bearing due from banks 73,874 47,174 148,859 91,862
Trading securities 255 424 625 729
Total interest income 850,537 538,282 1,588,507 1,058,347
INTEREST EXPENSE        
Deposits 343,153 240,525 646,559 464,400
Federal funds and repurchase agreements 27,423 28,081 53,213 55,743
Other 12,937 24,568 24,072 53,662
Total interest expense 383,513 293,174 723,844 573,805
Net interest income 467,024 245,108 864,663 484,542
Provision for credit losses 21,000 14,050 107,000 24,050
Net interest income after provision for credit losses 446,024 231,058 757,663 460,492
NONINTEREST INCOME        
Trust and securities processing 83,263 70,010 163,044 139,488
Trading and investment banking 6,170 5,461 12,081 10,923
Service charges on deposit accounts 28,865 22,261 56,322 43,018
Insurance fees and commissions 189 267 367 550
Brokerage fees 20,525 14,020 38,627 27,180
Bankcard fees 29,018 22,346 55,311 44,314
Investment securities gains (losses), net 37,685 (1,867) 32,903 7,504
Other 16,470 12,421 29,728 31,186
Total noninterest income 222,185 144,919 388,383 304,163
NONINTEREST EXPENSE        
Salaries and employee benefits 213,551 142,861 434,949 285,867
Occupancy, net 18,571 11,723 34,640 23,993
Equipment 16,426 15,603 33,374 32,106
Supplies and services 6,383 3,404 11,168 6,705
Marketing and business development 11,344 6,598 19,342 12,623
Processing fees 43,638 29,701 84,488 57,637
Legal and consulting 18,468 16,566 47,074 24,460
Bankcard 12,363 11,818 25,158 22,385
Amortization of other intangible assets 25,268 1,911 42,750 3,871
Regulatory fees 9,259 2,568 17,496 21,963
Other 17,897 6,314 27,516 12,261
Total noninterest expense 393,168 249,067 777,955 503,871
Income before income taxes 275,041 126,910 368,091 260,784
Income tax expense 57,647 25,565 69,364 49,181
NET INCOME 217,394 101,345 298,727 211,603
Less: Preferred dividends 2,012   4,025  
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS $ 215,382 $ 101,345 $ 294,702 $ 211,603
PER SHARE DATA        
Net income per common share -- basic $ 2.84 $ 2.08 $ 4.18 $ 4.34
Net income per common share -- diluted 2.82 2.07 4.16 4.32
Dividends per common share $ 0.4 $ 0.39 $ 0.8 $ 0.78
Weighted average common shares outstanding -- basic 75,923,082 48,744,636 70,523,171 48,704,075
Weighted average common shares outstanding -- diluted 76,241,798 48,974,265 70,901,635 48,952,054