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Condensed 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 $ 142,972 $ 135,674 $ 275,106 $ 268,434
Interest and dividends on investments:        
Taxable interest 14,448 11,558 27,916 21,975
Interest exempt from federal income taxes 91 107 186 215
Dividends 694 450 1,231 1,054
Interest on bank deposits 721 2,893 1,615 4,466
Total interest income 158,926 150,682 306,054 296,144
Interest Expense        
Interest on deposits 47,919 47,004 95,923 90,724
Interest on short-term borrowings 1,506 6,339 1,866 13,104
Interest on subordinated debentures 1,838 2,264 3,676 4,851
Interest on other long-term debt 1,381 36 2,743 74
Interest on lease obligations 41 47 83 95
Total interest expense 52,685 55,690 104,291 108,848
Net Interest Income 106,241 94,992 201,763 187,296
Provision for credit losses - portfolio 8,898 7,827 14,634 12,065
Net Interest Income after Provision for Credit Losses 93,584 87,165 183,370 175,231
Noninterest Income        
Gain Losses Maturities And Impairment 0 (5,535) (5,142) (5,535)
Gain (Loss) on Equity Securities 0 5,558 5,146 5,558
Trust income 3,029 2,821 6,051 5,548
Service charges on deposit accounts 5,595 5,546 11,033 10,929
Insurance and retail brokerage commissions 3,097 3,154 6,267 5,805
Income from bank owned life insurance 1,938 1,371 3,440 2,665
Gain on sale of mortgage loans 1,836 1,671 3,223 2,999
Gain on sale of other loans and assets 2,217 1,408 3,605 3,459
Card-related interchange income 3,998 7,137 7,652 13,827
Derivatives mark to market 0 0 (153) 12
Swap fee income 439 0 1,274 0
Other income 2,600 2,079 4,855 3,931
Total noninterest income 24,749 25,210 47,251 49,198
Amortization of Debt Issuance Costs 0 369 0 369
Noninterest Expense        
Salaries and employee benefits 40,584 37,320 80,999 72,644
Net occupancy expense 4,894 4,822 10,623 10,156
Furniture and equipment expense 4,547 4,278 8,740 8,758
Data processing expense 4,085 3,840 7,902 7,664
Advertising and promotion 1,457 898 2,829 2,217
Intangible amortization 1,338 1,126 2,675 2,328
Intangible amortization 1,311 1,169 2,442 2,433
Other professional fees and services 1,903 1,286 3,523 2,528
FDIC insurance 1,550 1,286 2,929 2,899
Loss on sale or write-down of assets 71 77 286 220
Litigation and operational losses 470 494 1,263 1,491
Business Combination, Integration-Related Cost, Expense (3,955) 0 (4,064) (114)
Other Noninterest Expense 10,103 8,833 19,243 17,550
Total noninterest expense 76,268 65,798 147,518 131,371
Income Before Income Taxes 42,065 46,577 83,103 93,058
Income tax provision 8,663 9,489 17,005 18,421
Net Income $ 33,402 $ 37,088 $ 66,098 $ 74,637
Average Shares Outstanding (in shares) 103,628,392 102,047,224 102,602,937 102,014,236
Average Shares Outstanding Assuming Dilution (in shares) 103,928,428 102,287,598 102,886,345 102,238,489
Per Share Data:        
Basic Earnings per Share (in dollars per share) $ 0.32 $ 0.36 $ 0.64 $ 0.73
Diluted Earnings per Share (in dollars per share) 0.32 0.36 0.64 0.73
Cash Dividends Declared per Common Share (in dollars per share) $ 0.135 $ 0.130 $ 0.265 $ 0.255