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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      
Interest and Fees on Loans and Leases $ 590,611 $ 439,798 $ 398,616
Income on Investment Securities      
Available-for-Sale 93,528 70,555 64,550
Held-to-Maturity 92,750 81,490 61,955
Deposits 86 32 10
Funds Sold 28,294 4,274 883
Other 5,106 1,217 702
Total Interest Income 810,375 597,366 526,716
Interest Expense      
Deposits 250,847 39,678 15,216
Securities Sold Under Agreements to Repurchase 16,306 12,600 13,260
Funds Purchased 888 417 7
Short-Term Borrowings 5,713 2,070  
Other Debt 39,596 2,043 943
Total Interest Expense 313,350 56,808 29,426
Net Interest Income 497,025 540,558 497,290
Provision for Credit Losses 9,000 (7,800) (50,500)
Net Interest Income After Provision for Credit Losses 488,025 548,358 547,790
Noninterest Income      
Trust and Asset Management 43,597 43,803 46,068
Mortgage Banking 4,255 5,980 14,964
Service Charges on Deposit Accounts 31,116 29,620 25,564
Fees, Exchange, and Other Service Charges 55,556 54,914 55,457
Investment Securities Losses, Net (11,455) (6,111) (1,297)
Annuity and Insurance 4,736 3,782 3,224
Bank-Owned Life Insurance 11,643 9,968 7,784
Other 37,161 15,585 19,589
Total Noninterest Income 176,609 157,541 171,353
Noninterest Expense      
Salaries and Benefits 234,079 235,270 228,293
Net Occupancy 39,924 39,441 26,244
Net Equipment 40,251 38,374 35,703
Data Processing 18,836 18,362 20,297
Professional Fees 17,459 14,557 12,895
FDIC Insurance 28,313 6,546 6,536
Other 58,656 62,715 63,621
Total Noninterest Expense 437,518 415,265 393,589
Income Before Provision for Income Taxes 227,116 290,634 325,554
Provision for Income Taxes 55,914 64,830 72,182
Net Income 171,202 225,804 253,372
Preferred Stock Dividends 7,877 7,877 2,975
Net Income Available to Common Shareholders $ 163,325 $ 217,927 $ 250,397
Basic Earnings Per Common Share $ 4.16 $ 5.50 $ 6.29
Diluted Earnings Per Common Share 4.14 5.48 6.25
Dividends Declared Per Common Share $ 2.80 $ 2.80 $ 2.74
Basic Weighted Average Common Shares 39,274,291 39,601,089 39,837,798
Diluted Weighted Average Common Shares 39,428,912 39,788,002 40,053,664