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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      
Interest and fees on loans $ 2,886,930 $ 1,828,477 $ 1,257,389
Interest and dividends on investment securities:      
Taxable 130,708 105,716 56,026
Tax-exempt 20,305 17,958 11,716
Dividends 24,139 11,468 7,357
Interest on federal funds sold and other short-term investments 76,809 13,064 1,738
Total interest income 3,138,891 1,976,683 1,334,226
Interest on deposits:      
Savings, NOW and money market 739,025 186,709 42,879
Time 535,749 69,691 25,094
Interest on short-term borrowings 94,869 17,453 5,374
Interest on long-term borrowings and junior subordinated debentures 103,770 47,190 50,978
Total interest expense 1,473,413 321,043 124,325
Net Interest Income 1,665,478 1,655,640 1,209,901
Provision for credit losses for available for sale and held to maturity securities 4,559 481 (263)
Provision for credit losses for loans 45,625 56,336 32,896
Net Interest Income After Provision for Credit Losses 1,615,294 1,598,823 1,177,268
Non-Interest Income      
Insurance commissions 11,116 11,975 7,810
Capital markets 41,489 52,362 27,377
Gains (losses) on securities transactions, net 1,104 (1,230) 1,758
Fees from loan servicing 10,670 11,273 11,651
Gains on sales of loans, net 6,054 6,418 26,669
Gains on sales of assets, net 6,809 897 901
Bank owned life insurance 11,843 8,040 8,817
Other 51,180 45,419 33,696
Total non-interest income 225,729 206,793 155,013
Non-Interest Expense      
Salary and employee benefits expense 563,591 526,737 375,865
Net occupancy expense 101,470 94,352 79,355
Technology, furniture and equipment expense 150,708 161,752 89,221
FDIC insurance assessment 88,154 22,836 14,183
Amortization of other intangible assets 39,768 37,825 21,827
Professional and legal fees 80,567 82,618 38,432
Loss on extinguishment of debt 0 0 8,406
Amortization of tax credit investments 18,009 12,407 10,910
Other 120,424 86,422 53,343
Total non-interest expense 1,162,691 1,024,949 691,542
Income Before Income Taxes 678,332 780,667 640,739
Income tax expense 179,821 211,816 166,899
Net Income 498,511 568,851 473,840
Dividends on preferred stock 16,135 13,146 12,688
Net Income Available to Common Shareholders $ 482,376 $ 555,705 $ 461,152
Earnings Per Common Share:      
Basic (in USD per share) $ 0.95 $ 1.14 $ 1.13
Diluted (in USD per share) $ 0.95 $ 1.14 $ 1.12
Wealth management and trust fees      
Non-Interest Income      
Service charges on deposit accounts $ 44,158 $ 34,709 $ 14,910
Service charges on deposit accounts      
Non-Interest Income      
Service charges on deposit accounts $ 41,306 $ 36,930 $ 21,424