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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Interest Income    
Interest and Fees on Loans and Leases $ 163,082 $ 159,336
Income on Investment Securities    
Available-for-Sale 24,368 21,757
Held-to-Maturity 20,291 22,136
Cash and Cash Equivalents 5,460 6,157
Other 1,085 970
Total Interest Income 214,286 210,356
Interest Expense    
Deposits 81,692 89,056
Securities Sold Under Agreements to Repurchase 744 1,443
Other Debt 6,043 5,919
Total Interest Expense 88,479 96,418
Net Interest Income 125,807 113,938
Provision for Credit Losses 3,250 2,000
Net Interest Income After Provision for Credit Losses 122,557 111,938
Noninterest Income    
Fees, Exchange, and Other Service Charges 14,437 14,123
Trust and Asset Management 11,741 11,189
Service Charges on Deposit Accounts 8,259 7,947
Bank-Owned Life Insurance 3,611 3,356
Annuity and Insurance 1,555 1,046
Mortgage Banking 988 951
Investment Securities Losses, Net (1,607) (1,497)
Other 5,074 5,170
Total Noninterest Income 44,058 42,285
Noninterest Expense    
Salaries and Benefits 62,884 58,215
Net Occupancy 10,559 10,456
Net Equipment 10,192 10,103
Data Processing 5,267 4,770
Professional Fees 4,264 4,677
FDIC Insurance 1,642 3,614
Other 15,651 14,024
Total Noninterest Expense 110,459 105,859
Income Before Provision for Income Taxes 56,156 48,364
Provision for Income Taxes 12,171 11,973
Net Income 43,985 36,391
Preferred Stock Dividends 5,269 1,969
Net Income Available to Common Shareholders $ 38,716 $ 34,422
Basic Earnings Per Common Share $ 0.98 $ 0.87
Diluted Earnings Per Common Share 0.97 0.87
Dividends Declared Per Common Share $ 0.70 $ 0.70
Basic Weighted Average Common Shares 39,554,834 39,350,390
Diluted Weighted Average Common Shares 39,876,406 39,626,463