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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest income:      
Loans, including fees $ 1,189,377 $ 770,391 $ 674,611
Securities:      
Taxable 406,289 249,797 89,550
Tax-exempt 240,131 237,626 226,683
Interest-bearing deposits 376,010 216,367 17,878
Federal funds sold 1,288 948 31
Resell agreements 4,621 592 16
Total interest income 2,217,716 1,475,721 1,008,769
Interest expense:      
Deposits 508,255 140,476 14,520
Federal funds purchased 1,524 690 32
Repurchase agreements 135,969 34,443 2,209
Junior subordinated deferrable interest debentures 8,647 4,172 2,484
Subordinated notes 4,657 4,657 4,657
Total interest expense 659,052 184,438 23,902
Net interest income 1,558,664 1,291,283 984,867
Credit loss expense 46,171 3,000 63
Net interest income after credit loss expense 1,512,493 1,288,283 984,804
Non-interest income:      
Trust and investment management fees 153,315 154,679 148,994
Service charges on deposit accounts 93,504 91,891 83,292
Insurance commissions and fees 58,271 53,210 51,548
Interchange and card transaction fees 19,419 18,231 17,461
Other charges, commissions and fees 49,026 41,590 36,836
Net gain (loss) on securities transactions 66 0 69
Other 54,941 45,217 48,528
Total non-interest income 428,542 404,818 386,728
Non-interest expense:      
Salaries and wages 547,718 492,096 395,497
Employee benefits 115,306 88,608 82,029
Net occupancy 124,396 112,495 107,344
Technology, furniture and equipment 135,286 120,771 112,738
Deposit insurance 76,589 15,603 12,232
Other 229,367 194,701 172,154
Total non-interest expense 1,228,662 1,024,274 881,994
Income before income taxes 712,373 668,827 489,538
Income taxes 114,400 89,677 46,459
Net income 597,973 579,150 443,079
Preferred stock dividends 6,675 6,675 7,157
Net income available to common shareholders $ 591,298 $ 572,475 $ 435,922
Earnings per common share:      
Basic (in dollars per share) $ 9.11 $ 8.84 $ 6.79
Diluted (in dollars per share) $ 9.10 $ 8.81 $ 6.76