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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Interest income:    
Loans, including fees $ 269,715 $ 149,977
Securities:    
Taxable 97,775 43,058
Tax-exempt 66,634 56,866
Interest-bearing deposits 99,245 6,343
Federal funds sold 758 13
Resell agreements 1,068 4
Total interest income 535,195 256,261
Interest expense:    
Deposits 97,989 4,912
Federal funds purchased 583 12
Repurchase agreements 33,651 518
Junior subordinated deferrable interest debentures 1,988 584
Subordinated notes 1,164 1,164
Total interest expense 135,375 7,190
Net interest income 399,820 249,071
Credit loss expense 9,104 0
Net interest income after credit loss expense 390,716 249,071
Non-interest income:    
Trust and investment management fees 36,144 38,656
Service charges on deposit accounts 21,879 22,740
Insurance commissions and fees 18,952 16,608
Interchange and card transaction fees 4,889 4,226
Other charges, commissions and fees 11,704 9,627
Net gain (loss) on securities transactions 21 0
Other 11,676 9,533
Total non-interest income 105,265 101,390
Non-interest expense:    
Salaries and wages 130,345 111,329
Employee benefits 33,922 24,220
Net occupancy 30,349 27,411
Technology, furniture and equipment 32,481 29,157
Deposit insurance 6,245 3,633
Intangible amortization 96 146
Other 51,704 42,836
Total non-interest expense 285,142 238,732
Income before income taxes 210,839 111,729
Income taxes 33,186 12,627
Net income 177,653 99,102
Preferred stock dividends 1,669 1,669
Net income available to common shareholders $ 175,984 $ 97,433
Earnings per common share:    
Basic $ 2.71 $ 1.51
Diluted $ 2.70 $ 1.50