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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Interest income:    
Loans, including fees $ 170,160 $ 168,328
Investment securities:    
Taxable 40,932 36,263
Tax-exempt 1,527 1,546
Other interest income 2,020 5,952
Total interest income 214,639 212,089
Interest expense:    
Savings deposits 20,450 19,916
Time deposits 25,500 21,276
Securities sold under repurchase agreements 4,304 5,240
Other borrowings 1,476 70
Junior subordinated deferrable interest debentures 1,690 1,979
Total interest expense 53,420 48,481
Net interest income 161,219 163,608
Credit loss expense 3,329 12,978
Net interest income after provision for credit losses 157,890 150,630
Non-interest income:    
Other investments (loss) income, net (1,258) 1,623
Other income 4,194 5,603
Total non-interest income 37,003 42,242
Non-interest expense:    
Employee compensation and benefits 38,611 35,867
Occupancy 6,406 5,677
Depreciation of bank premises and equipment 5,613 5,629
Professional fees 3,571 3,691
Deposit insurance assessments 1,770 1,699
Net operations, other real estate owned 376 30
Advertising 1,721 1,820
Software and software maintenance 5,410 5,312
Other 10,297 9,918
Total non-interest expense 73,775 69,643
Income before income taxes 121,118 123,229
Provision for income taxes 24,226 25,898
Net income $ 96,892 $ 97,331
Basic earnings per common share:    
Weighted average number of shares outstanding (in shares) 62,213,966 62,150,378
Net income per common share (in dollars per share) $ 1.56 $ 1.57
Fully diluted earnings per common share:    
Weighted average number of shares outstanding (in shares) 62,304,991 62,267,293
Net income per common share (in dollars per share) $ 1.56 $ 1.56
Service charges on deposit accounts    
Non-interest income:    
Service charges on deposit accounts $ 17,667 $ 18,267
Other service charges, commissions and fees, Banking    
Non-interest income:    
Service charges on deposit accounts 14,065 14,475
Other service charges, commissions and fees, Non-banking    
Non-interest income:    
Service charges on deposit accounts $ 2,335 $ 2,274