XML 21 R4.htm IDEA: XBRL DOCUMENT v3.25.4
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Interest income:      
Loans, including fees $ 1,383,694 $ 1,375,442 $ 1,189,377
Securities:      
Taxable 488,257 396,224 406,289
Tax-exempt 239,259 218,177 240,131
Interest-bearing deposits 308,751 397,414 376,010
Federal funds sold 196 270 1,288
Resell agreements 590 3,110 4,621
Total interest income 2,420,747 2,390,637 2,217,716
Interest expense:      
Deposits 533,265 629,107 508,255
Federal funds purchased 1,079 1,556 1,524
Repurchase agreements 137,908 141,833 135,969
Junior subordinated deferrable interest debentures 7,689 8,872 8,647
Subordinated notes 4,657 4,657 4,657
Total interest expense 684,598 786,025 659,052
Net interest income 1,736,149 1,604,612 1,558,664
Credit loss expense 44,202 64,985 46,171
Net interest income after credit loss expense 1,691,947 1,539,627 1,512,493
Non-interest income:      
Trust and investment management fees 177,097 165,270 153,315
Service charges on deposit accounts 121,572 106,230 93,504
Insurance commissions and fees 65,502 61,269 58,271
Interchange and card transaction fees 22,858 21,017 19,419
Other charges, commissions and fees 57,511 53,348 49,026
Net gain (loss) on securities transactions (850) (96) 66
Other 55,405 52,060 54,941
Total non-interest income 499,095 459,098 428,542
Non-interest expense:      
Salaries and wages 674,647 621,394 547,718
Employee benefits 146,101 122,446 115,306
Net occupancy 136,940 128,751 124,396
Technology, furniture and equipment 165,744 148,487 135,286
Deposit insurance 18,752 37,269 76,589
Other 277,156 244,411 229,367
Total non-interest expense 1,419,340 1,302,758 1,228,662
Income before income taxes 771,702 695,967 712,373
Income taxes 123,145 113,425 114,400
Net income 648,557 582,542 597,973
Preferred stock dividends 6,675 6,675 6,675
Net income available to common shareholders $ 641,882 $ 575,867 $ 591,298
Earnings per common share:      
Basic (in dollars per share) $ 9.92 $ 8.88 $ 9.11
Diluted (in dollars per share) $ 9.92 $ 8.87 $ 9.10