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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Interest income:      
Loans, including fees $ 1,452,402 $ 1,379,263 $ 940,629
Loans held for sale 1,640 1,723 1,814
Securities-taxable 194,227 189,386 166,731
Securities-tax exempt 17,698 18,627 18,847
Short-term investments 27,024 31,498 9,042
Total interest income 1,692,991 1,620,497 1,137,063
Interest expense:      
Deposits 574,441 443,924 58,439
Short-term borrowings 24,372 66,657 16,191
Long-term debt 12,257 12,317 12,430
Total interest expense 611,070 522,898 87,060
Net interest income 1,081,921 1,097,599 1,050,003
Provision for credit losses 52,167 59,103 (28,399)
Net interest income after provision for credit losses 1,029,754 1,038,496 1,078,402
Noninterest income:      
Securities transactions, net 0 (65,380) (87)
Other income 60,001 71,436 53,911
Total noninterest income 364,129 288,480 331,486
Noninterest expense:      
Compensation expense 380,591 376,055 378,482
Employee benefits 88,786 84,740 82,153
Personnel expense 469,377 460,795 460,635
Net occupancy expense 53,650 51,573 48,767
Equipment expense 17,432 18,852 18,573
Data processing expense 121,880 117,694 103,942
Professional services expense 41,935 38,331 36,065
Amortization of intangibles 9,413 11,556 14,033
Deposit insurance and regulatory fees 24,209 49,979 14,889
Other real estate and foreclosed assets income (2,469) (624) (4,407)
Other expense 84,483 88,692 58,195
Total noninterest expense 819,910 836,848 750,692
Income before income taxes 573,973 490,128 659,196
Income tax expense 113,158 97,526 135,107
Net income $ 460,815 $ 392,602 $ 524,089
Earnings per common share - basic $ 5.3 $ 4.51 $ 6
Earnings per common share - diluted 5.28 4.5 5.98
Dividends paid per share $ 1.5 $ 1.2 $ 1.08
Weighted average shares outstanding - basic 86,346 86,130 86,068
Weighted average shares outstanding - diluted 86,648 86,423 86,394
Service charges on deposit accounts      
Noninterest income:      
Service charges on deposit accounts $ 91,105 $ 86,020 $ 87,663
Trust fees      
Noninterest income:      
Service charges on deposit accounts 71,734 67,565 65,132
Bank card and ATM fees      
Noninterest income:      
Service charges on deposit accounts 85,491 82,966 84,591
Investment and annuity fees and insurance commissions      
Noninterest income:      
Service charges on deposit accounts 43,424 36,714 28,752
Secondary mortgage market operations      
Noninterest income:      
Service charges on deposit accounts $ 12,374 $ 9,159 $ 11,524