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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      
Loans, including fees $ 1,156,373 $ 758,609 $ 638,595
Investment securities 101,518 98,115 79,821
Other interest income 15,345 8,114 4,996
Total Interest Income 1,273,236 864,838 723,412
INTEREST EXPENSE      
Deposits 292,205 43,829 30,005
Federal funds purchased 30,417 2,967 0
Federal Home Loan Bank advances 46,965 7,334 2,286
Senior debt and subordinated debt 21,361 22,257 26,784
Other borrowings and interest-bearing liabilities 28,002 6,817 607
Total Interest Expense 418,950 83,204 59,682
Net Interest Income 854,286 781,634 663,730
Provision for credit losses 54,036 28,021 (14,600)
Net Interest Income After Provision for Credit Losses 800,250 753,613 678,330
NON-INTEREST INCOME      
Non-interest income before investment securities gains 228,411 227,157 240,229
Investment securities gains (losses), net (733) (27) 33,516
Total Non-Interest Income 227,678 227,130 273,745
NON-INTEREST EXPENSE      
Salaries and employee benefits 377,417 356,884 329,138
Data processing and software 66,471 60,255 56,440
Net occupancy 58,019 56,195 53,799
Other outside services 47,724 37,152 34,194
FDIC insurance 25,565 12,547 10,665
Equipment 14,390 14,033 13,807
Professional fees 8,392 9,123 9,647
Marketing 9,004 6,885 5,275
Intangible amortization 2,944 1,731 589
Debt extinguishment cost 0 0 33,249
Merger-related expenses 0 10,328 0
Other 69,281 68,595 71,027
Total Non-Interest Expense 679,207 633,728 617,830
Income Before Income Taxes 348,721 347,015 334,245
Income taxes 64,441 60,034 58,748
Net Income 284,280 286,981 275,497
Preferred stock dividends (10,248) (10,248) (10,277)
Net Income Available to Common Shareholders $ 274,032 $ 276,733 $ 265,220
PER SHARE:      
Net income available to common shareholders (basic) (in dollars per share) $ 1.66 $ 1.69 $ 1.63
Net income available to common shareholders (diluted) (in dollars per share) 1.64 1.67 1.62
Cash Dividends (in dollars per share) $ 0.64 $ 0.66 $ 0.64
Commercial banking      
NON-INTEREST INCOME      
Non-interest income before investment securities gains $ 81,160 $ 75,779 $ 68,689
Consumer banking      
NON-INTEREST INCOME      
Non-interest income before investment securities gains 47,197 49,496 45,544
Wealth management      
NON-INTEREST INCOME      
Non-interest income before investment securities gains 75,541 72,843 71,798
Mortgage banking      
NON-INTEREST INCOME      
Non-interest income before investment securities gains 10,388 14,204 33,576
Other      
NON-INTEREST INCOME      
Non-interest income before investment securities gains $ 14,125 $ 14,835 $ 20,622