XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]    
Interest and fees on loans $ 150,640 $ 147,095
Interest and dividends on securities 29,415 22,427
Interest on interest bearing deposits and other investments 4,200 6,184
Total Interest Income 184,255 175,706
Interest on deposits 43,626 47,534
Interest on time certificates 14,973 17,121
Interest on borrowed money 7,139 5,973
Total Interest Expense 65,738 70,628
Net Interest Income 118,517 105,078
Provision for credit losses 9,250 1,368
Net Interest Income after Provision for Credit Losses 109,267 103,710
Noninterest income:    
Service charges on deposit accounts 5,180 4,960
Interchange income 1,807 1,888
Wealth management income 4,248 3,540
Mortgage banking fees 404 381
Insurance agency income 1,620 1,291
BOLI income 2,468 2,264
Other 6,257 5,944
Noninterest income, excluding securities gains (losses) 21,984 20,268
Securities gains, net 196 229
Total Noninterest Income 22,180 20,497
Noninterest expense:    
Salaries and wages 42,248 40,304
Employee benefits 8,861 7,889
Outsourced data processing costs 8,504 12,118
Occupancy 7,350 8,037
Furniture and equipment 2,128 2,011
Marketing 2,748 2,655
Legal and professional fees 2,740 2,151
FDIC assessments 2,194 2,158
Amortization of intangibles 5,309 6,292
OREO expense and net loss (gain) on sale 241 (26)
Provision for credit losses on unfunded commitments 150 250
Merger-related charges 1,051 0
Other 7,073 6,532
Total Noninterest Expense 90,597 90,371
Income Before Income Taxes 40,850 33,836
Income tax expense 9,386 7,830
Net Income $ 31,464 $ 26,006
Net income per share of common stock    
Diluted (in dollars per share) $ 0.37 $ 0.31
Basic (in dollars per share) $ 0.37 $ 0.31
Average common shares outstanding    
Diluted (in shares) 85,388 85,270
Basic (in shares) 84,648 84,908