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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Interest Income        
Interest and Fees on Loans and Leases $ 166,779 $ 163,208 $ 329,861 $ 322,544
Income on Investment Securities        
Available-for-Sale 27,007 21,468 51,375 43,225
Held-to-Maturity 19,835 21,595 40,126 43,731
Cash and Cash Equivalents 3,817 6,139 9,277 12,296
Other 1,097 1,120 2,182 2,090
Total Interest Income 218,535 213,530 432,821 423,886
Interest Expense        
Deposits 82,476 91,542 164,168 180,598
Securities Sold Under Agreements to Repurchase 491 1,180 1,235 2,623
Other Debt 5,885 5,962 11,928 11,881
Total Interest Expense 88,852 98,684 177,331 195,102
Net Interest Income 129,683 114,846 255,490 228,784
Provision for Credit Losses 3,250 2,400 6,500 4,400
Net Interest Income After Provision for Credit Losses 126,433 112,446 248,990 224,384
Noninterest Income        
Fees, Exchange, and Other Service Charges 14,383 13,769 28,820 27,892
Trust and Asset Management 12,097 12,223 23,838 23,412
Service Charges on Deposit Accounts 8,119 7,730 16,378 15,677
Bank-Owned Life Insurance 3,714 3,396 7,325 6,752
Annuity and Insurance 1,437 1,583 2,992 2,629
Mortgage Banking 849 1,028 1,837 1,979
Investment Securities Losses, Net (1,126) (1,601) (2,733) (3,098)
Other 5,322 3,959 10,396 9,129
Total Noninterest Income 44,795 42,087 88,853 84,372
Noninterest Expense        
Salaries and Benefits 61,308 57,033 124,192 115,248
Net Occupancy 10,499 10,559 21,058 21,015
Net Equipment 9,977 10,355 20,169 20,458
Data Processing 5,456 4,745 10,723 9,515
Professional Fees 4,263 4,929 8,527 9,606
FDIC Insurance 3,640 7,170 5,282 10,784
Other 15,640 14,435 31,291 28,459
Total Noninterest Expense 110,783 109,226 221,242 215,085
Income Before Provision for Income Taxes 60,445 45,307 116,601 93,671
Provision for Income Taxes 12,808 11,224 24,979 23,197
Net Income 47,637 34,083 91,622 70,474
Preferred Stock Dividends 5,269 1,969 10,538 3,938
Net Income Available to Common Shareholders $ 42,368 $ 32,114 $ 81,084 $ 66,536
Basic Earnings Per Common Share (in USD per share) $ 1.07 $ 0.81 $ 2.05 $ 1.69
Diluted Earnings Per Common Share (in USD per share) 1.06 0.81 2.03 1.68
Dividends Declared Per Common Share (in USD per share) $ 0.70 $ 0.70 $ 1.40 $ 1.40
Basic Weighted Average Common Shares (in shares) 39,622,998 39,450,551 39,588,916 39,400,452
Diluted Weighted Average Common Shares (in shares) 39,895,093 39,618,705 39,888,294 39,618,774