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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest income      
Loans $ 479,910 $ 435,464 $ 466,432
Securities      
Taxable 45,523 24,732 24,224
Tax-exempt 7,524 6,800 6,287
Other 8,853 1,689 1,189
Total interest income 541,810 468,685 498,132
Interest expense      
Deposits 35,208 28,976 54,016
Borrowings 25,304 15,708 17,319
Total interest expense 60,512 44,684 71,335
Net interest income 481,298 424,001 426,797
Provision for (recovery of) credit losses on loans 23,788 (1,700) 85,350
Provision for credit losses on held to maturity securities 0 32 0
Provision for other credit losses 0 0 1,500
Provision for (recovery of) credit losses 23,788 (1,668) 86,850
Net interest income after provision for credit losses 457,510 425,669 339,947
Noninterest income      
Service charges on deposit accounts 39,957 36,569 31,326
Fees and commissions 17,268 15,732 13,043
Insurance commissions 10,754 9,841 8,990
Wealth management revenue 22,339 20,455 16,504
Mortgage banking income 35,794 109,604 150,499
Swap termination gains 0 4,676 0
Net gains on sales of securities 0 2,170 46
BOLI income 9,267 7,366 5,627
Other 13,874 20,571 9,497
Total noninterest income 149,253 226,984 235,532
Noninterest expense      
Salaries and employee benefits 261,654 280,627 302,388
Data processing 14,900 21,726 20,685
Net occupancy and equipment 44,819 46,837 54,080
Other real estate owned (453) 253 2,754
Professional fees 11,872 11,776 11,293
Advertising and public relations 14,325 12,203 10,322
Intangible amortization 5,122 6,042 7,121
Communications 7,958 8,869 8,866
Merger and conversion related expenses 1,787 0 0
Restructuring charges 732 368 7,365
Swap termination charges 0 0 2,040
Debt prepayment penalty 0 6,123 121
Other 32,739 35,002 44,953
Total noninterest expense 395,455 429,826 471,988
Income before income taxes 211,308 222,827 103,491
Income taxes 45,240 46,935 19,840
Net income (loss) $ 166,068 $ 175,892 $ 83,651
Basic earnings per share (usd per share) $ 2.97 $ 3.13 $ 1.49
Diluted earnings per share (usd per share) 2.95 3.12 1.48
Cash dividends per common share (usd per share) $ 0.88 $ 0.88 $ 0.88