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Consolidated Statements of Income (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Interest income:        
Loans, including fees $ 478,360 $ 419,355 $ 942,048 $ 812,720
Investment securities:        
Taxable 38,747 41,254 78,492 82,819
Tax-exempt 5,769 5,586 11,337 12,144
Federal funds sold, securities purchased under agreements to resell and interest-bearing deposits with banks 8,248 11,858 16,502 20,779
Total interest income 531,124 478,053 1,048,379 928,462
Interest expense:        
Deposits 165,481 100,787 325,643 156,729
Federal funds purchased and securities sold under agreements to repurchase 4,983 3,535 9,710 6,388
Corporate and subordinated debentures 5,999 5,823 12,008 11,558
Other borrowings 4,402 6,165 6,823 10,781
Total interest expense 180,865 116,310 354,184 185,456
Net interest income 350,259 361,743 694,195 743,006
Provision for credit losses 3,889 38,389 16,575 71,480
Net interest income after provision for credit losses 346,370 323,354 677,620 671,526
Noninterest income:        
Securities gains, net       45
Other income 15,565 7,864 28,744 17,730
Total noninterest income 75,225 77,214 146,783 148,569
Noninterest expense:        
Salaries and employee benefits 151,435 147,342 301,888 291,402
Occupancy expense 22,453 22,196 45,030 43,729
Information services expense 23,144 21,119 45,497 41,044
OREO and loan related expense 1,307 (14) 1,913 155
Amortization of intangibles 5,744 7,028 11,742 14,327
Supplies, printing and postage expense 2,526 2,554 5,066 5,194
Professional fees 3,906 4,364 7,021 8,066
FDIC assessment and other regulatory charges 7,771 9,819 16,305 16,113
FDIC special assessment 619   4,473  
Advertising and marketing 2,594 1,521 4,578 3,639
Merger, branch consolidation, severance related and other expense 5,785 1,808 10,298 11,220
Other expense 21,463 24,889 44,226 48,242
Total noninterest expense 248,747 242,626 498,037 483,131
Earnings:        
Income before provision for income taxes 172,848 157,942 326,366 336,964
Provision for income taxes 40,478 34,495 78,940 73,591
Net income $ 132,370 $ 123,447 $ 247,426 $ 263,373
Earnings per common share:        
Basic (in dollars per share) $ 1.74 $ 1.62 $ 3.24 $ 3.47
Diluted (in dollars per share) $ 1.73 $ 1.62 $ 3.23 $ 3.45
Weighted average common shares outstanding:        
Basic (in shares) 76,251 76,058 76,276 75,981
Diluted (in shares) 76,607 76,418 76,630 76,394
Fees on deposit accounts        
Noninterest income:        
Noninterest income $ 33,842 $ 33,101 $ 66,987 $ 62,960
Mortgage banking income        
Noninterest income:        
Noninterest income 5,912 4,354 12,081 8,686
Trust and investment services income        
Noninterest income:        
Noninterest income 11,091 9,823 21,482 19,760
Correspondent banking and capital markets income        
Noninterest income:        
Noninterest income 4,860 19,187 9,171 32,781
SBA income        
Noninterest income:        
Noninterest income $ 3,955 $ 2,885 $ 8,318 $ 6,607