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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
INTEREST INCOME      
Loans $ 655,206 $ 717,615 $ 673,720
Investment securities and other interest-earning assets 167,362 170,370 94,858
Total interest income 822,568 887,985 768,578
INTEREST EXPENSE      
Deposits 257,988 217,447 40,093
FHLB advances and other borrowings 8,083 27,255 13,131
Subordinated debentures 19,546 18,244 18,242
Total interest expense 285,617 262,946 71,466
Net interest income before provision for credit losses 536,951 625,039 697,112
Provision for credit losses 4,789 10,129 4,832
Net interest income after provision for credit losses 532,162 614,910 692,280
NONINTEREST INCOME      
Loan servicing income 2,084 1,958 1,664
Earnings on bank owned life insurance 17,094 14,118 13,159
Net gain from sales of loans 205 415 3,238
Net (loss) gain from sales of investment securities 0 (253,927) 1,710
Other income 7,934 5,077 5,369
Total noninterest income (loss) 82,838 (173,918) 88,748
NONINTEREST EXPENSE      
Compensation and benefits 211,057 213,692 225,245
Premises and occupancy 42,380 45,922 47,433
Data processing 30,796 29,679 26,649
Other real estate owned operations, net 44 215 0
FDIC insurance premiums 8,374 11,373 5,772
Legal and professional services 19,242 19,123 17,947
Marketing expense 5,073 7,080 7,632
Office expense 4,344 4,958 5,103
Loan expense 2,900 2,126 3,810
Deposit expense 49,117 39,593 19,448
Amortization of intangible assets 11,091 12,303 13,983
Other expense 18,113 20,887 23,648
Total noninterest expense 402,531 406,951 396,670
Net income before income taxes 212,469 34,041 384,358
Income tax expense 53,667 3,189 100,615
Net income $ 158,802 $ 30,852 $ 283,743
EARNINGS PER SHARE      
Basic (in dollars per share) $ 1.65 $ 0.31 $ 2.99
Diluted (in dollars per share) $ 1.65 $ 0.31 $ 2.98
WEIGHTED AVERAGE SHARES OUTSTANDING      
Basic (in shares) 94,579,358 94,113,132 93,718,293
Diluted (in shares) 94,682,886 94,236,875 94,091,461
Service charges on deposit accounts      
NONINTEREST INCOME      
Noninterest income $ 10,875 $ 10,620 $ 10,698
Other service fee income      
NONINTEREST INCOME      
Noninterest income 1,236 1,213 1,351
Debit card interchange fee income      
NONINTEREST INCOME      
Noninterest income 3,452 3,485 3,628
Trust custodial account fees      
NONINTEREST INCOME      
Noninterest income 37,119 39,129 41,606
Escrow and exchange fees      
NONINTEREST INCOME      
Noninterest income $ 2,839 $ 3,994 $ 6,325