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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
INTEREST INCOME      
Loans, including fees $ 694,192 $ 555,008 $ 687,771
Interest bearing balances due from banks and federal funds sold 5,500 2,795 4,383
Investment securities 158,203 111,693 64,533
Mortgage loans held for sale 720 1,565 3,031
Other loans held for sale 3,120 0 0
TOTAL INTEREST INCOME 861,735 671,061 759,718
INTEREST EXPENSE      
Deposits 99,049 41,172 79,860
Federal funds purchased and securities sold under agreements to repurchase 941 579 1,715
Other borrowings 24,934 19,495 19,652
Subordinated notes and debentures 19,495 18,283 18,757
TOTAL INTEREST EXPENSE 144,419 79,529 119,984
NET INTEREST INCOME 717,316 591,532 639,734
Provision for credit losses 14,074 (32,704) 74,973
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 703,242 624,236 564,761
NONINTEREST INCOME      
Bank owned life insurance income 11,146 8,902 5,815
Gain (loss) on sale of securities, net (278) 15,498 54,806
Gain on insurance settlement 4,074 0 0
Other income 27,361 35,273 39,876
TOTAL NONINTEREST INCOME 170,066 191,815 239,769
NONINTEREST EXPENSE      
Salaries and employee benefits 286,982 246,335 242,474
Occupancy expense, net 44,321 38,797 37,556
Furniture and equipment expense 20,665 19,890 24,038
Other real estate and foreclosure expense 1,003 2,121 1,752
Deposit insurance 11,608 6,973 9,184
Merger related costs 22,476 15,911 4,531
Other operating expenses 179,693 153,562 165,201
TOTAL NONINTEREST EXPENSE 566,748 483,589 484,736
INCOME BEFORE INCOME TAXES 306,560 332,462 319,794
Provision for income taxes 50,148 61,306 64,890
NET INCOME 256,412 271,156 254,904
Preferred stock dividends 0 47 52
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS $ 256,412 $ 271,109 $ 254,852
BASIC EARNINGS PER SHARE (in dollars per share) $ 2.07 $ 2.47 $ 2.32
DILUTED EARNINGS PER SHARE (in dollars per share) $ 2.06 $ 2.46 $ 2.31
Service charges on deposit accounts      
NONINTEREST INCOME      
Non-interest income $ 46,527 $ 43,231 $ 43,082
Debit and credit card fees      
NONINTEREST INCOME      
Non-interest income 31,203 28,245 24,711
Wealth management fees      
NONINTEREST INCOME      
Non-interest income 31,895 31,172 30,386
Mortgage lending income      
NONINTEREST INCOME      
Non-interest income 10,522 21,798 34,469
Other service charges and fees      
NONINTEREST INCOME      
Non-interest income $ 7,616 $ 7,696 $ 6,624