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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
INTEREST INCOME:        
Loans, including fees $ 325,490 $ 336,428 $ 644,513 $ 642,656
Securities 57,836 62,428 115,722 128,849
Federal funds sold and other earning assets 9,438 14,095 25,334 23,360
Total interest income 392,764 412,951 785,569 794,865
INTEREST EXPENSE:        
Deposits 93,790 106,124 189,387 198,816
Other borrowings 30,101 46,282 60,593 95,228
Securities sold under repurchase agreements 1,151 1,759 2,485 3,791
Total interest expense 125,042 154,165 252,465 297,835
NET INTEREST INCOME 267,722 258,786 533,104 497,030
PROVISION FOR CREDIT LOSSES 0 9,066 0 9,066
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 267,722 249,720 533,104 487,964
NONINTEREST INCOME:        
Nonsufficient funds (NSF) fees 8,885 8,153 18,032 16,441
Credit card, debit card and ATM card income 9,761 9,384 18,500 18,245
Service charges on deposit accounts 7,645 6,436 15,053 12,842
Trust income 3,859 3,601 7,460 7,757
Mortgage income 965 745 1,974 1,355
Brokerage income 1,225 1,186 2,487 2,421
Net gain (loss) on sale or write-down of assets 1,414 (903) 1,179 (938)
Net gain on sale or write-up of securities   10,723 0 11,021
Other 9,228 6,678 19,598 15,729
Total noninterest income 42,982 46,003 84,283 84,873
NONINTEREST EXPENSE:        
Salaries and employee benefits 87,296 89,584 176,772 175,355
Net occupancy and equipment 9,168 8,915 18,314 17,538
Credit and debit card, data processing and software amortization 12,056 11,998 23,478 22,973
Regulatory assessments and FDIC insurance 5,508 10,317 11,297 15,855
Core deposit intangibles amortization 3,610 4,156 7,251 7,393
Depreciation 4,779 4,836 9,553 9,522
Communications 3,507 3,485 6,980 6,887
Net other real estate income (18) 100 92 149
Merger related expenses   4,381   4,381
Other 12,659 15,070 25,129 28,637
Total noninterest expense 138,565 152,842 278,866 288,690
INCOME BEFORE INCOME TAXES 172,139 142,881 338,521 284,147
PROVISION FOR INCOME TAXES 36,984 31,279 73,141 62,119
NET INCOME $ 135,155 $ 111,602 $ 265,380 $ 222,028
EARNINGS PER SHARE:        
Basic $ 1.42 $ 1.17 $ 2.79 $ 2.34
Diluted $ 1.42 $ 1.17 $ 2.79 $ 2.34