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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest income:      
Loans, including fees $ 1,379,263 $ 940,629 $ 825,862
Loans held for sale 1,723 1,814 2,543
Securities-taxable 189,386 166,731 131,382
Securities-tax exempt 18,627 18,847 18,969
Short-term investments 31,498 9,042 3,502
Total interest income 1,620,497 1,137,063 982,258
Interest expense:      
Deposits 443,924 58,439 26,246
Short-term borrowings 66,657 16,191 6,015
Long-term debt 12,317 12,430 16,762
Total interest expense 522,898 87,060 49,023
Net interest income 1,097,599 1,050,003 933,235
Provision for credit losses 59,103 (28,399) (77,494)
Net interest income after provision for credit losses 1,038,496 1,078,402 1,010,729
Noninterest income:      
Securities transactions, net (65,380) (87) 333
Other income 71,436 53,911 74,801
Total noninterest income 288,480 331,486 364,334
Noninterest expense:      
Compensation expense 376,055 378,482 378,589
Employee benefits 84,740 82,153 103,786
Personnel expense 460,795 460,635 482,375
Net occupancy expense 51,573 48,767 49,786
Equipment expense 18,852 18,573 18,167
Data processing expense 117,694 103,942 96,755
Professional services expense 38,331 36,065 48,678
Amortization of intangibles 11,556 14,033 16,665
Deposit insurance and regulatory fees 49,979 14,889 13,582
Other real estate and foreclosed assets income (624) (4,407) (210)
Other expense 88,692 58,195 81,209
Total noninterest expense 836,848 750,692 807,007
Income before income taxes 490,128 659,196 568,056
Income tax expense 97,526 135,107 104,841
Net income $ 392,602 $ 524,089 $ 463,215
Earnings per common share - basic $ 4.51 $ 6 $ 5.23
Earnings per common share - diluted 4.5 5.98 5.22
Dividends paid per share $ 1.2 $ 1.08 $ 1.08
Weighted average shares outstanding - basic 86,130 86,068 86,823
Weighted average shares outstanding - diluted 86,423 86,394 87,027
Service charges on deposit accounts      
Noninterest income:      
Service charges on deposit accounts $ 86,020 $ 87,663 $ 81,032
Trust fees      
Noninterest income:      
Service charges on deposit accounts 67,565 65,132 62,898
Bank card and ATM fees      
Noninterest income:      
Service charges on deposit accounts 82,966 84,591 79,074
Investment and annuity fees and insurance commissions      
Noninterest income:      
Service charges on deposit accounts 36,714 28,752 29,502
Secondary mortgage market operations      
Noninterest income:      
Service charges on deposit accounts $ 9,159 $ 11,524 $ 36,694