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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest, fee and dividend income      
Interest and fees on loans $ 462,669 $ 332,768 $ 302,175
Securities available for sale 29,812 29,653 23,305
Securities held to maturity 20,681 17,582 12,551
Other 9,627 4,067 1,845
Total interest, fee and dividend income 522,789 384,070 339,876
Interest expense      
Deposits 104,641 9,923 10,714
Short-term borrowings 25,608 2,623 158
Long-term debt 925 161 389
Subordinated debt 6,076 5,424 5,437
Junior subordinated debt 7,320 3,749 2,090
Total interest expense 144,570 21,880 18,788
Net interest income 378,219 362,190 321,088
Provision for loan losses 25,274 17,147 (8,257)
Net interest income after provision for loan losses 352,945 345,043 329,345
Noninterest income      
Service charges on deposit accounts 15,425 14,630 13,348
Card services income 20,829 29,058 34,682
Retirement plan administration fees 47,221 48,112 42,188
Wealth management 34,763 33,311 33,718
Insurance services 15,667 14,696 14,083
Bank owned life insurance income 6,750 6,044 6,217
Net securities (losses) gains (9,315) (1,131) 566
Other 10,838 10,858 12,992
Total noninterest income 142,178 155,578 157,794
Noninterest expense      
Salaries and employee benefits 194,250 187,830 172,580
Technology and data services 38,163 35,712 34,717
Occupancy 28,408 26,282 26,048
Professional fees and outside services 17,601 16,810 16,306
Office supplies and postage 6,917 6,140 6,006
FDIC assessment 6,257 3,197 3,041
Advertising 3,054 2,822 2,521
Amortization of intangible assets 4,734 2,263 2,808
Loan collection and other real estate owned, net 2,618 2,647 2,915
Acquisition expenses 9,978 967 0
Other 29,684 19,795 20,339
Total noninterest expense 341,664 304,465 287,281
Income before income tax expense 153,459 196,156 199,858
Income tax expense 34,677 44,161 44,973
Net income $ 118,782 $ 151,995 $ 154,885
Earnings per share      
Basic (in dollars per share) $ 2.67 $ 3.54 $ 3.57
Diluted (in dollars per share) $ 2.65 $ 3.52 $ 3.54