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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 $ 716,456 $ 479,910 $ 435,464
Securities      
Taxable 44,482 45,523 24,732
Tax-exempt 6,006 7,524 6,800
Other 30,375 8,853 1,689
Total interest income 797,319 541,810 468,685
Interest expense      
Deposits 232,331 35,208 28,976
Borrowings 45,661 25,304 15,708
Total interest expense 277,992 60,512 44,684
Net interest income 519,327 481,298 424,001
Provision for (recovery of) credit losses on loans 18,793 23,788 (1,700)
(Recovery of) provision for credit losses on unfunded commitments (3,200) 83 (500)
Provision for credit losses on held to maturity securities 0 0 32
Provision for (recovery of) credit losses 15,593 23,871 (2,168)
Net interest income after provision for (recovery of) credit losses 503,734 457,427 426,169
Noninterest income      
Service charges on deposit accounts 39,199 39,957 36,569
Fees and commissions 17,901 17,268 15,732
Insurance commissions 11,102 10,754 9,841
Wealth management revenue 22,132 22,339 20,455
Mortgage banking income 32,413 35,794 109,604
Swap termination gains 0 0 4,676
Gain on debt extinguishment 620 0 0
Net (losses) gains on sales of securities (22,438) 0 2,170
Impairment losses on securities (19,352) 0 0
BOLI income 10,463 9,267 7,366
Other 21,035 13,874 20,571
Total noninterest income 113,075 149,253 226,984
Noninterest expense      
Salaries and employee benefits 281,768 261,654 280,627
Data processing 15,195 14,900 21,726
Net occupancy and equipment 46,471 44,819 46,837
Other real estate owned 267 (453) 253
Professional fees 13,671 11,872 11,776
Advertising and public relations 14,726 14,325 12,203
Intangible amortization 5,380 5,122 6,042
Communications 8,238 7,958 8,869
Merger and conversion related expenses 0 1,787 0
Restructuring charges 0 732 368
Debt prepayment penalty 0 0 6,123
Other 53,906 32,656 35,502
Total noninterest expense 439,622 395,372 430,326
Income before income taxes 177,187 211,308 222,827
Income taxes 32,509 45,240 46,935
Net income (loss) $ 144,678 $ 166,068 $ 175,892
Basic earnings per share (usd per share) $ 2.58 $ 2.97 $ 3.13
Diluted earnings per share (usd per share) 2.56 2.95 3.12
Cash dividends per common share (usd per share) $ 0.88 $ 0.88 $ 0.88