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Consolidated Statements of Earnings - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
INTEREST INCOME:      
Interest and fees on loans $ 271,638 $ 263,320 $ 224,556
Interest on investment securities:      
Taxable 47,390 51,456 55,670
Exempt from federal income tax 56,638 48,399 37,075
Interest on federal funds sold and interest-bearing deposits in banks 739 953 1,891
Total interest income 376,405 364,128 319,192
INTEREST EXPENSE:      
Interest on deposits 5,705 13,118 27,122
Other 337 1,125 2,980
Total interest expense 6,042 14,243 30,102
Net interest income 370,363 349,885 289,090
PROVISION FOR CREDIT LOSSES (1,139) 19,517 2,965
Net interest income after provisions for credit losses 371,502 330,368 286,125
NONINTEREST INCOME:      
Trust fees 36,145 29,531 28,401
Service charges on deposit accounts 21,156 20,572 22,039
ATM, interchange and credit card fees 38,278 32,469 29,863
Gain on sale and fees on mortgage loans 33,245 43,872 18,144
Net gain on sale of available-for-sale securities 815 3,633 733
Net gain on sale of foreclosed assets 190 159 274
Net gain on sale of assets 210 112 319
Interest on loan recoveries 4,039 856 2,092
Other 8,098 8,731 6,563
Total noninterest income 142,176 139,935 108,428
NONINTEREST EXPENSE:      
Salaries and employee benefits 142,042 135,123 112,336
Cost related to termination of pension plan     2,673
Net occupancy expense 13,009 12,388 11,156
Equipment expense 9,173 8,396 9,052
FDIC insurance premiums 3,130 1,758 1,091
ATM, interchange and credit card expenses 11,973 11,235 9,856
Professional and service fees 9,334 9,346 7,853
Printing, stationery and supplies 1,910 2,163 1,812
Operational and other losses 3,293 2,462 1,879
Software amortization and expense 11,120 8,862 7,305
Amortization of intangible assets 1,613 1,990 1,016
Other 35,111 34,215 30,492
Total noninterest expense 241,708 227,938 196,521
EARNINGS BEFORE INCOME TAXES 271,970 242,365 198,032
INCOME TAX EXPENSE 44,408 40,331 33,220
NET EARNINGS $ 227,562 $ 202,034 $ 164,812
NET EARNINGS PER SHARE, BASIC $ 1.60 $ 1.42 $ 1.22
NET EARNINGS PER SHARE, DILUTED 1.59 1.42 1.21
DIVIDENDS PER SHARE $ 0.58 $ 0.51 $ 0.47