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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Interest income:      
Loans, including fees $ 699,871 $ 681,280 $ 620,048
Investment securities:      
Taxable 164,572 153,486 132,151
Tax-exempt 5,955 6,146 6,259
Other interest income 15,876 25,070 41,704
Total interest income 886,274 865,982 800,162
Interest expense:      
Savings deposits 82,920 81,912 60,337
Time deposits 102,916 96,968 53,158
Securities sold under repurchase agreements 18,964 22,340 14,760
Other borrowings 2,330 281 283
Junior subordinated deferrable interest debentures 6,722 7,762 8,123
Total interest expense 213,852 209,263 136,661
Net interest income 672,422 656,719 663,501
Credit loss expense 15,092 31,802 34,576
Net interest income after provision for credit losses 657,330 624,917 628,925
Non-interest income:      
Investment securities transactions, net (1) (1) (3)
Other investments income, net 6,910 13,133 9,601
Other income 19,080 21,042 18,941
Total non-interest income 169,750 176,922 169,941
Non-interest expense:      
Employee compensation and benefits 153,342 145,944 134,441
Occupancy 29,705 27,012 25,832
Depreciation of bank premises and equipment 23,349 22,524 21,944
Professional fees 13,577 15,726 14,000
Deposit insurance assessments 7,151 6,865 6,285
Net operations, other real estate owned 2,389 1,298 (3,983)
Advertising 5,311 6,289 5,010
Software and software maintenance 22,614 21,093 20,046
Other 49,280 46,368 51,779
Total non-interest expense 306,718 293,119 275,354
Income before income taxes 520,362 508,720 523,512
Provision for income taxes 108,069 99,553 111,744
Net income $ 412,293 $ 409,167 $ 411,768
Basic earnings per common share:      
Weighted average number of shares outstanding (in shares) 62,171,914 62,180,448 62,082,827
Net income per common share (in dollars per share) $ 6.63 $ 6.58 $ 6.63
Fully diluted earnings per common share:      
Weighted average number of shares outstanding (in shares) 62,256,907 62,298,278 62,221,601
Net income per common share (in dollars per share) $ 6.62 $ 6.57 $ 6.62
Service charges on deposit accounts      
Non-interest income:      
Service charges on deposit accounts $ 74,316 $ 73,714 $ 73,933
Other service charges, commissions and fees, Banking      
Non-interest income:      
Service charges on deposit accounts 58,987 58,682 57,923
Other service charges, commissions and fees, Non-banking      
Non-interest income:      
Service charges on deposit accounts $ 10,458 $ 10,352 $ 9,546