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Consolidated Statements of Income and Comprehensive Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Interest income        
Interest and fees on loans $ 321,457 $ 325,622 $ 941,518 $ 946,679
Interest on taxable securities 23,253 15,555 62,441 45,595
Interest on nontaxable securities 343 336 1,006 1,001
Interest on deposits in other banks and federal funds sold 9,993 13,633 31,497 38,646
Total interest income 355,046 355,146 1,036,462 1,031,921
Interest expense        
Interest on deposits 106,851 129,698 318,862 369,117
Interest on other borrowings 10,231 11,388 25,984 35,435
Total interest expense 117,082 141,086 344,846 404,552
Net interest income 237,964 214,060 691,616 627,369
Provision for loan losses 11,176 6,313 30,805 57,184
Provision for unfunded commitments 11,446 (204) 16,484 (11,196)
Provision for other credit losses 8 (2) 5 (3)
Provision for credit losses 22,630 6,107 47,294 45,985
Net interest income after provision for credit losses 215,334 207,953 644,322 581,384
Noninterest income        
Service charges on deposit accounts 13,931 12,918 40,557 37,349
Mortgage banking activity 40,666 37,947 115,141 123,776
Other service charges, commissions and fees 1,124 1,163 3,391 3,576
Net gain (loss) on securities 1,581 (8) 1,621 12,320
Equipment finance activity 8,858 5,398 22,128 15,717
Other noninterest income 10,114 12,291 26,370 31,560
Total noninterest income 76,274 69,709 209,208 224,298
Noninterest expense        
Salaries and employee benefits 90,948 88,700 266,871 259,831
Occupancy and equipment 11,524 11,716 33,602 37,160
Data processing and communications expenses 16,058 15,221 46,279 45,068
Credit resolution-related expenses 770 (110) 2,192 1,216
Advertising and marketing 3,377 3,959 10,005 9,882
Amortization of intangible assets 3,879 4,180 12,058 13,009
Loan servicing expense 8,142 8,626 23,862 27,857
Other noninterest expenses 19,868 19,485 65,991 61,822
Total noninterest expense 154,566 151,777 460,860 455,845
Income before income tax expense 137,042 125,885 392,670 349,837
Income tax expense 31,013 26,673 88,872 85,528
Net income 106,029 99,212 303,798 264,309
Other comprehensive income        
Net unrealized holding gains arising during period on debt securities available-for-sale, net of tax expense of $3,988, $7,427, $11,600 and $6,710 12,145 22,296 35,378 20,215
Reclassification adjustment for gains on debt securities included in earnings, net of tax expense of $28, $0, $28 and $0 (88) 0 (88) 0
Total other comprehensive income 12,057 22,296 35,290 20,215
Comprehensive income $ 118,086 $ 121,508 $ 339,088 $ 284,524
Basic earnings per common share (in dollars per share) $ 1.55 $ 1.44 $ 4.43 $ 3.84
Diluted earnings per common share (in dollars per share) $ 1.54 $ 1.44 $ 4.41 $ 3.83
Weighted average common shares outstanding        
Basic (in shares) 68,401,737 68,798,093 68,592,529 68,811,727
Diluted (in shares) 68,665,669 69,066,298 68,830,787 69,031,666