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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Interest income        
Loans $ 312,785 $ 206,867 $ 818,792 $ 603,492
Securities        
Taxable 27,108 9,212 62,996 27,975
Tax-exempt 3,109 1,092 7,746 3,439
Other 8,096 11,872 25,792 27,527
Total interest income 351,098 229,043 915,326 662,433
Interest expense        
Deposits 115,573 90,787 306,880 261,021
Borrowings 12,005 7,258 31,870 22,098
Total interest expense 127,578 98,045 338,750 283,119
Net interest income 223,520 130,998 576,576 379,314
Provision for credit losses on loans 9,650 1,210 87,100 8,148
Provision for (recovery of) credit losses on unfunded commitments 800 (275) 9,422 (1,475)
Provision for credit losses 10,450 935 96,522 6,673
Net interest income after provision for credit losses 213,070 130,063 480,054 372,641
Noninterest income        
Service charges on deposit accounts 13,416 10,438 37,398 31,230
Fees and commissions 4,167 4,116 14,604 12,009
Insurance commissions 0 0 0 5,474
Wealth management revenue 8,217 5,835 22,629 17,188
Mortgage banking income 9,017 8,447 28,427 29,515
Gain on sale of insurance agency 0 53,349 0 53,349
Gain on debt extinguishment 0 0 0 56
BOLI income 4,235 2,858 10,547 8,250
Other 6,974 4,256 17,150 12,371
Total noninterest income 46,026 89,299 130,755 169,442
Noninterest expense        
Salaries and employee benefits 98,982 71,307 270,481 213,508
Data processing 5,541 4,133 15,068 11,885
Net occupancy and equipment 18,415 11,415 47,528 34,648
Other real estate owned 328 56 1,170 268
Professional fees 3,435 3,189 10,542 9,732
Advertising and public relations 5,254 3,677 14,041 12,370
Intangible amortization 8,674 1,160 18,638 3,558
Communications 3,955 2,176 9,172 6,312
Merger and conversion related expenses 17,494 11,273 38,764 11,273
Other 21,752 13,597 55,506 43,317
Total noninterest expense 183,830 121,983 480,910 346,871
Income (loss) before income taxes 75,266 97,379 129,899 195,212
Income taxes 15,478 24,924 27,575 44,502
Net income (loss) $ 59,788 $ 72,455 $ 102,324 $ 150,710
Basic earnings per share (in usd per share) $ 0.63 $ 1.18 $ 1.21 $ 2.60
Diluted earnings per share (in usd per share) $ 0.63 $ 1.18 $ 1.20 $ 2.59