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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Interest income      
Loans $ 806,296 $ 716,456 $ 479,910
Securities      
Taxable 37,383 44,482 45,523
Tax-exempt 4,541 6,006 7,524
Other 39,557 30,375 8,853
Total interest income 887,777 797,319 541,810
Interest expense      
Deposits 346,592 232,331 35,208
Borrowings 28,989 45,661 25,304
Total interest expense 375,581 277,992 60,512
Net interest income 512,196 519,327 481,298
Provision for credit losses on loans 11,248 18,793 23,788
(Recovery of) provision for credit losses on unfunded commitments (1,975) (3,200) 83
Provision for credit losses 9,273 15,593 23,871
Net interest income after provision for credit losses 502,923 503,734 457,427
Noninterest income      
Service charges on deposit accounts 41,779 39,199 39,957
Fees and commissions 16,190 17,901 17,268
Insurance commissions 5,473 11,102 10,754
Wealth management revenue 23,559 22,132 22,339
Mortgage banking income 36,376 32,413 35,794
Gain on sale of insurance agency 53,349 0 0
Gain on debt extinguishment 56 620 0
Net losses on sales of securities 0 (22,438) 0
Impairment losses on securities 0 (19,352) 0
BOLI income 11,567 10,463 9,267
Other 15,311 21,035 13,874
Total noninterest income 203,660 113,075 149,253
Noninterest expense      
Salaries and employee benefits 283,768 281,768 261,654
Data processing 16,030 15,195 14,900
Net occupancy and equipment 45,960 46,471 44,819
Other real estate owned 858 267 (453)
Professional fees 12,418 13,671 11,872
Advertising and public relations 16,210 14,726 14,325
Intangible amortization 4,691 5,380 5,122
Communications 8,379 8,238 7,958
Merger and conversion related expenses 13,349 0 1,787
Restructuring charges 0 0 732
Other 59,955 53,906 32,656
Total noninterest expense 461,618 439,622 395,372
Income before income taxes 244,965 177,187 211,308
Income taxes 49,508 32,509 45,240
Net income (loss) $ 195,457 $ 144,678 $ 166,068
Basic earnings per share (usd per share) $ 3.29 $ 2.58 $ 2.97
Diluted earnings per share (usd per share) 3.27 2.56 2.95
Cash dividends per common share (usd per share) $ 0.88 $ 0.88 $ 0.88