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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
INTEREST INCOME    
Loans, including fees $ 104,396 $ 72,954
Debt securities:    
Taxable 8,991 3,781
Tax-exempt 7 26
Federal funds sold 32 1
Interest-bearing deposits with banks 32,020 1,757
Total interest income 145,446 78,519
INTEREST EXPENSE    
Deposits 35,177 1,981
Short-term borrowings 83 1
Subordinated debt 1,030 1,030
Total interest expense 36,290 3,012
Net interest income 109,156 75,507
Provision for credit losses 2,322 2,936
Net interest income after provision for credit losses 106,834 72,571
NONINTEREST INCOME    
Securities transactions (includes accumulated other comprehensive loss reclassifications of $0 and $1,536, respectively) (213) (3,915)
Income from sales of loans 604 1,666
Insurance commissions 8,741 7,427
Cash management 6,734 3,131
Gain on sale of other assets 479 45
Other 6,030 10,415
Total noninterest income 47,828 43,650
NONINTEREST EXPENSE    
Salaries and employee benefits 49,252 43,932
Occupancy, net 4,983 4,403
Depreciation 4,643 4,775
Amortization of intangible assets 880 831
Data processing services 2,107 1,805
Net expense from other real estate owned 2,459 1,794
Marketing and business promotion 2,527 2,073
Deposit insurance 1,613 1,128
Other 11,853 11,771
Total noninterest expense 80,317 72,512
Income before taxes 74,345 43,709
Income tax expense 16,812 7,794
Net income $ 57,533 $ 35,915
NET INCOME PER COMMON SHARE    
Basic $ 1.75 $ 1.10
Diluted $ 1.72 $ 1.08
OTHER COMPREHENSIVE (LOSS)/GAIN    
Unrealized income/(losses) on debt securities, net of tax (expense)/benefit of $(4,504) and $10,219, respectively $ 14,649 $ (32,833)
Reclassification adjustment for losses included in net income, net of tax expense of $0 and $369, respectively 0 1,167
Other comprehensive income/(loss), net of tax (expense)/benefit of $(4,504) and $9,850, respectively 14,649 (31,666)
Comprehensive income 72,182 4,249
Trust Revenue [Member]    
NONINTEREST INCOME    
Revenue 4,222 3,506
Service Charges on Deposits [Member]    
NONINTEREST INCOME    
Revenue $ 21,231 $ 21,375