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Consolidated Statements of Earnings - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
INTEREST INCOME:      
Interest and fees on loans $ 502,945 $ 405,939 $ 296,114
Interest on investment securities:      
Taxable 81,626 79,925 78,924
Exempt from federal income tax 30,908 36,194 54,121
Interest on federal funds sold and interest-bearing deposits in banks 13,439 6,012 3,695
Total interest income 628,918 528,070 432,854
INTEREST EXPENSE:      
Interest on deposits 194,800 124,830 26,246
Interest on borrowings 7,377 19,431 5,194
Total interest expense 202,177 144,261 31,440
Net interest income 426,741 383,809 401,414
PROVISION FOR CREDIT LOSSES 13,821 10,631 17,427
Net interest income after provisions for credit losses 412,920 373,178 383,987
NONINTEREST INCOME:      
Trust fees 47,449 40,456 39,995
Service charges on deposit accounts 24,988 25,378 24,540
Debit card fees 21,070 21,721 30,280
Credit card fees 2,537 2,645 2,585
Gain on sale and fees on mortgage loans 13,183 11,890 19,035
Net gain (loss) on sale of available-for-sale securities 0 (7,119) 2,144
Net gain (loss) on sale of foreclosed assets (51) 46 1,451
Net gain on sale of assets 484 1,525 520
Interest on loan recoveries 3,010 2,055 2,840
Other 11,319 9,406 8,275
Total noninterest income 123,989 108,003 131,665
NONINTEREST EXPENSE:      
Salaries, commissions and employee benefits 153,296 131,915 134,133
Net occupancy expense 14,579 13,766 13,307
Equipment expense 9,065 8,545 9,052
FDIC insurance premiums 6,498 7,749 3,711
Debit card expense 12,768 12,933 12,231
Professional and service fees 10,690 9,810 8,770
Printing, stationery and supplies 1,364 2,454 2,114
Operational and other losses 3,741 3,842 3,229
Software amortization and expense 13,523 10,288 9,963
Amortization of intangible assets 618 912 1,245
Other 38,921 35,668 37,023
Total noninterest expense 265,063 237,882 234,778
Earnings before income taxes 271,846 243,299 280,874
INCOME TAX EXPENSE 48,335 44,322 46,399
NET EARNINGS $ 223,511 $ 198,977 $ 234,475
NET EARNINGS PER SHARE, BASIC $ 1.56 $ 1.39 $ 1.64
NET EARNINGS PER SHARE, DILUTED 1.56 1.39 1.64
DIVIDENDS PER SHARE $ 0.72 $ 0.71 $ 0.66