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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Interest Income        
Interest and Fees on Loans and Leases $ 115,013 $ 100,570 $ 311,115 $ 300,763
Income on Investment Securities        
Available-for-Sale 16,995 16,396 52,079 48,700
Held-to-Maturity 20,243 16,754 57,782 43,630
Deposits 10 2 19 9
Funds Sold 2,335 382 3,181 779
Other 322 159 877 526
Total Interest Income 154,918 134,263 425,053 394,407
Interest Expense        
Deposits 10,296 3,837 16,184 12,318
Securities Sold Under Agreements to Repurchase 2,745 3,423 8,311 10,426
Funds Purchased 40   99 1
Short-Term Borrowings     92  
Other Debt 182 184 547 760
Total Interest Expense 13,263 7,444 25,233 23,505
Net Interest Income 141,655 126,819 399,820 370,902
Provision for Credit Losses   (10,400) (8,000) (40,800)
Net Interest Income After Provision for Credit Losses 141,655 137,219 407,820 411,702
Noninterest Income        
Trust and Asset Management 10,418 11,415 33,151 34,375
Mortgage Banking 1,002 3,136 4,989 12,056
Service Charges on Deposit Accounts 7,526 6,510 22,107 18,703
Fees, Exchange, and Other Service Charges 13,863 13,604 41,008 41,018
Investment Securities Losses, Net (2,147) (1,259) (4,987) (39)
Annuity and Insurance 1,034 735 2,695 2,348
Bank-Owned Life Insurance 2,486 1,897 7,493 5,877
Other (3,522) 5,340 9,913 14,441
Total Noninterest Income 30,660 41,378 116,369 128,779
Noninterest Expense        
Salaries and Benefits 59,938 56,447 177,631 168,859
Net Occupancy 10,186 3,079 29,942 17,216
Net Equipment 9,736 8,924 28,432 26,598
Data Processing 4,616 4,722 13,783 15,601
Professional Fees 3,799 2,948 10,599 9,468
FDIC Insurance 1,680 1,594 4,772 4,917
Other 15,794 18,805 47,403 49,252
Total Noninterest Expense 105,749 96,519 312,562 291,911
Income Before Provision for Income Taxes 66,566 82,078 211,627 248,570
Provision for Income Taxes 13,765 20,025 47,130 59,035
Net Income 52,801 62,053 164,497 189,535
Preferred Stock Dividends 1,969 1,006 5,908 1,006
Net Income Available to Common Shareholders $ 50,832 $ 61,047 $ 158,589 $ 188,529
Basic Earnings Per Common Share $ 1.28 $ 1.53 $ 4.00 $ 4.73
Diluted Earnings Per Common Share 1.28 1.52 3.98 4.70
Dividends Declared Per Common Share $ 0.70 $ 0.70 $ 2.10 $ 2.04
Basic Weighted Average Common Shares 39,567,047 39,881,437 39,670,409 39,870,450
Diluted Weighted Average Common Shares 39,758,209 40,080,919 39,848,795 40,088,899