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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      
Interest and fees on loans $ 1,265,522 $ 1,172,162 $ 834,969
Interest on taxable securities 61,518 59,002 34,656
Interest on nontaxable securities 1,338 1,335 1,176
Interest on deposits in other banks 49,906 47,936 23,008
Interest on federal funds sold 0 0 77
Total interest income 1,378,284 1,280,435 893,886
Interest expense      
Interest on deposits 484,673 356,017 56,105
Interest on other borrowings 44,421 89,374 36,755
Total interest expense 529,094 445,391 92,860
Net interest income 849,190 835,044 801,026
Provision for loan losses 69,841 153,515 52,610
Provision for unfunded commitments (11,048) (10,853) 19,226
Provision for other credit losses 0 (6) (139)
Provision for credit losses 58,793 142,656 71,697
Net interest income after provision for credit losses 790,397 692,388 729,329
Noninterest income      
Service charges on deposit accounts 50,893 46,575 44,499
Mortgage banking activity 160,475 139,885 184,904
Other service charges, commissions and fees 4,758 4,401 3,875
Net gain (loss) on securities 12,304 (304) 203
Equipment finance activity 21,664 23,349 19,178
Other noninterest income 43,163 28,922 31,765
Total noninterest income 293,257 242,828 284,424
Noninterest expense      
Salaries and employee benefits 347,641 320,110 319,719
Occupancy and equipment 48,784 51,450 51,361
Advertising and marketing 12,612 11,638 12,032
Amortization of intangible assets 17,189 18,244 19,744
Data processing and communications expenses 59,699 53,486 49,228
Legal and other professional fees 16,737 17,726 16,439
Credit resolution-related expenses 2,487 80 29
Merger and conversion charges 0 0 1,212
FDIC insurance 15,499 26,940 8,063
Loan servicing expenses 36,157 35,283 36,835
Other noninterest expenses 50,989 43,324 45,993
Total noninterest expense 607,794 578,281 560,655
Income before income tax expense 475,860 356,935 453,098
Income tax expense 117,175 87,830 106,558
Net income $ 358,685 $ 269,105 $ 346,540
Basic earnings per common share (in dollars per share) $ 5.21 $ 3.90 $ 5.01
Diluted earnings per common share (in dollars per share) $ 5.19 $ 3.89 $ 4.99
Weighted average common shares outstanding      
Basic (in shares) 68,808,830 68,977,453 69,193,591
Diluted (in shares) 69,061,832 69,104,158 69,419,721