XML 16 R4.htm IDEA: XBRL DOCUMENT v3.26.1
Consolidated Statements of Income and Comprehensive Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest income    
Interest and fees on loans $ 317,883 $ 304,168
Interest on taxable securities 25,474 18,492
Interest on nontaxable securities 374 329
Interest on deposits in other banks 8,040 10,789
Total interest income 351,771 333,778
Interest expense    
Interest on deposits 96,227 105,215
Interest on other borrowings 11,108 6,724
Total interest expense 107,335 111,939
Net interest income 244,436 221,839
Provision for loan losses 17,895 16,519
Provision for unfunded commitments (1,338) 5,373
Provision for other credit losses (6) 0
Provision for credit losses 16,551 21,892
Net interest income after provision for credit losses 227,885 199,947
Noninterest income    
Service charges on deposit accounts 13,679 13,133
Mortgage banking activity 37,008 35,254
Other service charges, commissions and fees 1,027 1,109
Net gain on securities 0 40
Equipment finance activity 9,086 6,698
Other noninterest income 9,120 7,789
Total noninterest income 69,920 64,023
Noninterest expense    
Salaries and employee benefits 91,366 86,615
Occupancy and equipment 11,625 10,677
Advertising and marketing 3,296 2,883
Amortization of intangible assets 3,393 4,103
Data processing and communications expenses 16,793 14,855
Legal and other professional fees 5,032 3,702
Credit resolution-related expenses 509 765
FDIC insurance 2,937 3,239
Loan servicing expense 7,380 7,823
Other noninterest expenses 14,749 16,372
Total noninterest expense 157,080 151,034
Income before income tax expense 140,725 112,936
Income tax expense 30,233 25,001
Net income 110,492 87,935
Other comprehensive income (loss)    
Net unrealized holding gains (losses) arising during period on debt securities available-for-sale, net of tax expense (benefit) of $(3,174) and $5,220 (9,788) 15,689
Total other comprehensive income (loss) (9,788) 15,689
Comprehensive income $ 100,704 $ 103,624
Basic earnings per common share (in dollars per share) $ 1.64 $ 1.28
Diluted earnings per common share (in dollars per share) $ 1.63 $ 1.27
Weighted average common shares outstanding    
Basic (in shares) 67,540,444 68,785,458
Diluted (in shares) 67,766,997 69,030,331