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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Interest income:        
Loans, including fees $ 338,413 $ 369,990 $ 669,901 $ 733,283
Loans held for sale 399 440 740 743
Securities-taxable 54,046 47,752 105,945 94,537
Securities-tax exempt 4,007 4,471 8,225 8,997
Short-term investments 5,716 4,892 13,091 11,669
Total interest income 402,581 427,545 797,902 849,229
Interest expense:        
Deposits 117,766 144,610 238,273 292,093
Short-term borrowings 4,865 9,441 6,710 14,407
Long-term debt 2,991 3,064 6,055 6,128
Total interest expense 125,622 157,115 251,038 312,628
Net interest income 276,959 270,430 546,864 536,601
Provision for credit losses 14,925 8,723 25,387 21,691
Net interest income after provision for credit losses 262,034 261,707 521,477 514,910
Noninterest income:        
Other income 14,761 13,264 31,814 26,442
Total noninterest income 98,524 89,174 193,315 177,025
Noninterest expense:        
Compensation expense 95,875 97,121 184,827 193,690
Employee benefits 20,637 21,605 46,032 46,193
Personnel expense 116,512 118,726 230,859 239,883
Net occupancy expense 13,825 13,158 27,405 26,553
Equipment expense 4,541 4,312 8,632 8,540
Data processing expense 33,448 31,371 64,698 60,108
Professional services expense 16,371 9,458 28,606 18,494
Amortization of intangible assets 2,524 2,389 4,637 4,915
Deposit insurance and regulatory fees 4,822 6,008 9,848 14,939
Other real estate and foreclosed assets expense (income), net 1,181 (1,099) 2,961 (1,295)
Other expense 22,755 21,693 43,392 41,601
Total noninterest expense 215,979 206,016 421,038 413,738
Income before income taxes 144,579 144,865 293,754 278,197
Income taxes expense 31,048 30,308 60,719 55,028
Net income $ 113,531 $ 114,557 $ 233,035 $ 223,169
Earnings per common share-basic $ 1.32 $ 1.31 $ 2.7 $ 2.56
Earnings per common share-diluted 1.32 1.31 2.69 2.55
Dividends paid per share $ 0.45 $ 0.40 $ 0.9 $ 0.7
Weighted average shares outstanding-basic 85,577 86,510 85,833 86,515
Weighted average shares outstanding-diluted 85,943 86,765 86,203 86,768
Service charges on deposit accounts        
Noninterest income:        
Service charges on deposit accounts $ 24,256 $ 22,275 $ 48,375 $ 44,514
Trust fees        
Noninterest income:        
Service charges on deposit accounts 22,753 18,473 40,775 35,550
Bank card and ATM fees        
Noninterest income:        
Service charges on deposit accounts 22,004 21,827 42,718 42,449
Investment and annuity fees and insurance commissions        
Noninterest income:        
Service charges on deposit accounts 10,603 9,789 22,018 21,633
Secondary mortgage market operations        
Noninterest income:        
Service charges on deposit accounts $ 4,147 $ 3,546 $ 7,615 $ 6,437