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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest Income    
Interest and fees on LHFS & LHFI $ 206,092 $ 175,509
Interest on securities:    
Taxable 15,634 16,761
Tax exempt 3 73
Interest on federal funds sold and securities purchased under reverse repurchase agreements 1 30
Other interest income 8,110 6,527
Total Interest Income 229,840 198,900
Interest Expense    
Interest on deposits 83,716 40,898
Interest on federal funds purchased and securities sold under repurchase agreements 5,591 4,832
Other interest expense 7,703 15,575
Total Interest Expense 97,010 61,305
Net Interest Income 132,830 137,595
Provision for credit losses (PCL), LHFI 7,708 3,244
PCL, off-balance sheet credit exposures (192) (2,242)
Net Interest Income After PCL 125,314 136,593
Noninterest Income    
Service charges on deposit accounts 10,958 10,336
Bank card and other fees 7,428 7,803
Mortgage banking, net 8,915 7,639
Insurance commissions 15,464 14,305
Wealth management 8,952 8,780
Other, net 3,632 2,514
Total Noninterest Income 55,349 51,377
Noninterest Expense    
Salaries and employee benefits 75,458 74,056
Services and fees 24,839 25,426
Net occupancy - premises 7,496 7,629
Equipment expense 6,385 6,405
Other expense 16,968 14,811
Total Noninterest Expense 131,146 128,327
Income Before Income Taxes 49,517 59,643
Income taxes 7,982 9,343
Net Income $ 41,535 $ 50,300
Earnings Per Share    
Basic $ 0.68 $ 0.82
Diluted $ 0.68 $ 0.82