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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Interest income    
Loans and lease financing $ 192,102 $ 199,844
Available-for-sale investment securities 13,150 14,546
Held-to-maturity investment securities 16,647 17,793
Other 13,251 12,769
Total interest income 235,150 244,952
Interest expense    
Deposits 71,709 84,143
Short-term borrowings 2,599 5,953
Other 316 429
Total interest expense 74,624 90,525
Net interest income 160,526 154,427
Provision for credit losses 10,500 6,300
Net interest income after provision for credit losses 150,026 148,127
Noninterest income    
Service charges on deposit accounts 7,535 7,546
Credit and debit card fees 14,474 16,173
Other service charges and fees 12,167 9,904
Trust and investment services income 9,370 10,354
Bank-owned life insurance 4,371 4,286
Investment securities gains, net 37  
Other 2,523 3,108
Total noninterest income 50,477 51,371
Noninterest expense    
Salaries and employee benefits 60,104 59,262
Contracted services and professional fees 14,839 15,739
Occupancy 8,100 6,941
Equipment 13,871 13,413
Regulatory assessment and fees 3,823 8,120
Advertising and marketing 2,179 2,612
Card rewards program 7,919 8,508
Other 12,725 14,218
Total noninterest expense 123,560 128,813
Income before provision for income taxes 76,943 70,685
Provision for income taxes 17,695 16,465
Net income $ 59,248 $ 54,220
Basic earnings per share $ 0.47 $ 0.42
Diluted earnings per share $ 0.47 $ 0.42
Basic weighted-average outstanding shares 126,281,802 127,707,354
Diluted weighted-average outstanding shares 127,166,932 128,217,689