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Consolidated Statements of Income (unaudited) - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Interest income:        
Loans, including fees $ 443,805,000 $ 312,856,000 $ 1,256,525,000 $ 818,473,000
Investment securities:        
Taxable 40,330,000 39,300,000 123,149,000 108,368,000
Tax-exempt 5,543,000 5,986,000 17,687,000 15,937,000
Federal funds sold, securities purchased under agreements to resell and interest-bearing deposits with banks 10,831,000 18,190,000 31,610,000 30,359,000
Total interest income 500,509,000 376,332,000 1,428,971,000 973,137,000
Interest expense:        
Deposits 133,944,000 7,534,000 290,673,000 17,040,000
Federal funds purchased and securities sold under agreements to repurchase 4,291,000 1,506,000 10,679,000 2,556,000
Corporate and subordinated debentures 6,014,000 4,958,000 17,572,000 13,874,000
Other borrowings 889,000   11,670,000  
Total interest expense 145,138,000 13,998,000 330,594,000 33,470,000
Net interest income 355,371,000 362,334,000 1,098,377,000 939,667,000
Provision for credit losses 32,709,000 23,876,000 104,189,000 34,713,000
Net interest income after provision for credit losses 322,662,000 338,458,000 994,188,000 904,954,000
Noninterest income:        
Securities gains, net 0 30,000 45,000 30,000
Other income 12,035,000 8,004,000 29,765,000 22,770,000
Total noninterest income 72,848,000 73,053,000 221,417,000 245,855,000
Noninterest expense:        
Salaries and employee benefits 146,146,000 139,554,000 437,548,000 414,264,000
Occupancy expense 22,251,000 22,490,000 65,980,000 67,089,000
Information services expense 21,428,000 20,714,000 62,472,000 59,854,000
OREO and loan related expense 613,000 532,000 768,000 291,000
Amortization of intangibles 6,616,000 7,837,000 20,943,000 25,178,000
Supplies, printing and postage expense 2,623,000 2,621,000 7,817,000 7,210,000
Professional fees 3,456,000 3,495,000 11,522,000 11,575,000
FDIC assessment and other regulatory charges 8,632,000 6,300,000 24,745,000 16,444,000
Advertising and marketing 3,009,000 2,170,000 6,648,000 6,219,000
Merger, branch consolidation and severance related expense 164,000 13,679,000 11,384,000 29,345,000
Other expense 23,268,000 21,041,000 71,510,000 62,733,000
Total noninterest expense 238,206,000 240,433,000 721,337,000 700,202,000
Earnings:        
Income before provision for income taxes 157,304,000 171,078,000 494,268,000 450,607,000
Provision for income taxes 33,160,000 38,035,000 106,751,000 98,060,000
Net income $ 124,144,000 $ 133,043,000 $ 387,517,000 $ 352,547,000
Earnings per common share:        
Basic (in dollars per share) $ 1.63 $ 1.76 $ 5.10 $ 4.75
Diluted (in dollars per share) $ 1.62 $ 1.75 $ 5.07 $ 4.71
Weighted average common shares outstanding:        
Basic (in shares) 76,139 75,606 76,034 74,185
Diluted (in shares) 76,571 76,182 76,446 74,791
Fees on deposit accounts        
Noninterest income:        
Noninterest income $ 32,830,000 $ 30,326,000 $ 95,790,000 $ 91,198,000
Mortgage banking income        
Noninterest income:        
Noninterest income 2,478,000 2,262,000 11,164,000 18,336,000
Trust and investment services income        
Noninterest income:        
Noninterest income 9,556,000 9,603,000 29,316,000 29,152,000
Correspondent banking and capital markets income        
Noninterest income:        
Noninterest income 12,916,000 16,427,000 45,697,000 70,445,000
SBA income        
Noninterest income:        
Noninterest income $ 3,033,000 $ 6,401,000 $ 9,640,000 $ 13,924,000