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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest income:    
Loans, including fees $ 330,540 $ 269,715
Securities:    
Taxable 98,062 97,775
Tax-exempt 55,259 66,634
Interest-bearing deposits 100,361 99,245
Federal funds sold 80 758
Resell agreements 1,198 1,068
Total interest income 585,500 535,195
Interest expense:    
Deposits 155,634 97,989
Federal funds purchased 444 583
Repurchase agreements 35,948 33,651
Junior subordinated deferrable interest debentures 2,259 1,988
Subordinated notes 1,164 1,164
Total interest expense 195,449 135,375
Net interest income 390,051 399,820
Credit loss expense 13,650 9,104
Net interest income after credit loss expense 376,401 390,716
Non-interest income:    
Trust and investment management fees 39,085 36,144
Service charges on deposit accounts 24,795 21,879
Insurance commissions and fees 18,296 18,952
Interchange and card transaction fees 4,474 4,889
Other charges, commissions, and fees 12,060 11,704
Net gain (loss) on securities transactions 0 21
Other 12,667 11,676
Total non-interest income 111,377 105,265
Non-interest expense:    
Salaries and wages 148,000 130,345
Employee benefits 35,970 33,922
Net occupancy 31,778 30,349
Technology, furniture, and equipment 34,995 32,481
Deposit insurance 14,724 6,245
Other 60,750 51,800
Total non-interest expense 326,217 285,142
Income before income taxes 161,561 210,839
Income taxes 25,871 33,186
Net income 135,690 177,653
Preferred stock dividends 1,669 1,669
Net income available to common shareholders $ 134,021 $ 175,984
Earnings per common share:    
Basic $ 2.06 $ 2.71
Diluted $ 2.06 $ 2.70