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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 191,467 $ 171,615
Interest bearing deposits with other banks 309,105 304,992
Total cash and cash equivalents 500,572 476,607
Time deposits with other banks 1,494 3,215
Debt securities:    
Securities available-for-sale (at fair value) 2,627,959 2,226,543
Securities held-to-maturity (fair value $509.8 million at March 31, 2025 and $507.6 million at December 31, 2024) 624,650 635,186
Total debt securities 3,252,609 2,861,729
Loans held for sale 16,016 17,277
Loans 10,443,021 10,299,950
Allowance for credit losses (140,267) (138,055)
Loans, net of allowance for credit losses 10,302,754 10,161,895
Bank premises and equipment, net 108,478 107,555
OREO 7,176 6,421
Goodwill 732,417 732,417
Other intangible assets, net 66,372 71,723
Bank owned life insurance 311,453 308,995
Net deferred tax assets 93,595 102,989
Other assets 339,549 325,485
Total Assets 15,732,485 15,176,308
Liabilities    
Deposits 12,574,796 12,242,427
Securities sold under agreements to repurchase 201,128 232,071
FHLB borrowings 465,000 245,000
Long-term debt, net 107,132 106,966
Other liabilities 154,689 166,601
Total Liabilities 13,502,745 12,993,065
Shareholders’ Equity    
Common stock, par value $0.10 per share, authorized 120,000,000 shares, issued 86,333,738 and outstanding 85,618,257 at March 31, 2025, and authorized 120,000,000, issued 86,284,017 and outstanding 85,567,712 shares at December 31, 2024 8,633 8,628
Additional paid-in capital 1,828,234 1,824,935
Retained earnings 542,665 526,642
Treasury stock (19,072) (19,095)
Total shareholders' equity, before accumulated other comprehensive (loss) income, net 2,360,460 2,341,110
Accumulated other comprehensive loss, net (130,720) (157,867)
Total Shareholders’ Equity 2,229,740 2,183,243
Total Liabilities and Shareholders’ Equity $ 15,732,485 $ 15,176,308