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Consolidated Statements of Income (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Interest income:        
Loans, including fees $ 494,082 $ 443,805 $ 1,436,130 $ 1,256,525
Investment securities:        
Taxable 37,900 40,330 116,391 123,149
Tax-exempt 5,734 5,543 17,072 17,687
Federal funds sold, securities purchased under agreements to resell and interest-bearing deposits with banks 6,462 10,831 22,964 31,610
Total interest income 544,178 500,509 1,592,557 1,428,971
Interest expense:        
Deposits 177,919 133,944 503,562 290,673
Federal funds purchased and securities sold under agreements to repurchase 5,697 4,291 15,407 10,679
Corporate and subordinated debentures 6,007 6,014 18,014 17,572
Other borrowings 3,075 889 9,899 11,670
Total interest expense 192,698 145,138 546,882 330,594
Net interest income 351,480 355,371 1,045,675 1,098,377
(Recovery) provision for credit losses (6,971) 32,709 9,604 104,189
Net interest income after (recovery) provision for credit losses 358,451 322,662 1,036,071 994,188
Noninterest income:        
Securities gains, net       45
Other income 12,413 12,035 41,157 29,765
Total noninterest income 74,934 72,848 221,717 221,417
Noninterest expense:        
Salaries and employee benefits 150,865 146,146 452,753 437,548
Occupancy expense 22,242 22,251 67,272 65,980
Information services expense 23,280 21,428 68,777 62,472
OREO and loan related expense 1,358 613 3,271 768
Amortization of intangibles 5,327 6,616 17,069 20,943
Supplies, printing and postage expense 2,762 2,623 7,828 7,817
Professional fees 4,017 3,456 11,038 11,522
FDIC assessment and other regulatory charges 7,482 8,632 23,787 24,745
FDIC special assessment     4,473  
Advertising and marketing 2,296 3,009 6,874 6,648
Merger, branch consolidation, severance related and other expense 3,303 164 13,602 11,384
Other expense 23,915 23,268 68,140 71,510
Total noninterest expense 246,847 238,206 744,884 721,337
Earnings:        
Income before provision for income taxes 186,538 157,304 512,904 494,268
Provision for income taxes 43,359 33,160 122,299 106,751
Net income $ 143,179 $ 124,144 $ 390,605 $ 387,517
Earnings per common share:        
Basic (in dollars per share) $ 1.88 $ 1.63 $ 5.12 $ 5.10
Diluted (in dollars per share) $ 1.86 $ 1.62 $ 5.09 $ 5.07
Weighted average common shares outstanding:        
Basic (in shares) 76,299 76,139 76,284 76,034
Diluted (in shares) 76,805 76,571 76,691 76,446
Fees on deposit accounts        
Noninterest income:        
Noninterest income $ 33,986 $ 32,830 $ 100,973 $ 95,790
Mortgage banking income        
Noninterest income:        
Noninterest income 3,189 2,478 15,270 11,164
Trust and investment services income        
Noninterest income:        
Noninterest income 11,578 9,556 33,060 29,316
Correspondent banking and capital markets income        
Noninterest income:        
Noninterest income 9,893 12,916 19,064 45,697
SBA income        
Noninterest income:        
Noninterest income $ 3,875 $ 3,033 $ 12,193 $ 9,640