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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
INTEREST INCOME      
Loans, including fees $ 1,083,093 $ 989,196 $ 694,192
Interest bearing balances due from banks and federal funds sold 11,808 13,490 5,500
Investment securities 216,433 206,918 158,203
Mortgage loans held for sale 731 557 720
Other loans held for sale 0 0 3,120
TOTAL INTEREST INCOME 1,312,065 1,210,161 861,735
INTEREST EXPENSE      
Deposits 600,240 472,919 99,049
Federal funds purchased and securities sold under agreements to repurchase 602 1,150 941
Other borrowings 55,127 60,517 24,934
Subordinated notes and debentures 27,631 25,449 19,495
TOTAL INTEREST EXPENSE 683,600 560,035 144,419
NET INTEREST INCOME 628,465 650,126 717,316
Provision for credit losses 46,785 42,028 14,074
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 581,680 608,098 703,242
NONINTEREST INCOME      
Bank owned life insurance income 15,227 11,717 11,146
Loss on sale of securities, net (28,393) (20,609) (278)
Gain on insurance settlement 0 0 4,074
Other income 27,493 35,398 27,361
TOTAL NONINTEREST INCOME 147,171 155,566 170,066
NONINTEREST EXPENSE      
Salaries and employee benefits 284,124 286,117 286,982
Occupancy expense, net 48,214 46,741 44,321
Furniture and equipment expense 22,047 20,741 20,665
Other real estate and foreclosure expense 700 892 1,003
Deposit insurance 23,938 29,986 11,608
Merger related costs 0 1,420 22,476
Other operating expenses 178,520 177,164 179,693
TOTAL NONINTEREST EXPENSE 557,543 563,061 566,748
INCOME BEFORE INCOME TAXES 171,308 200,603 306,560
Provision for income taxes 18,615 25,546 50,148
NET INCOME $ 152,693 $ 175,057 $ 256,412
BASIC EARNINGS PER SHARE (in dollars per share) $ 1.22 $ 1.39 $ 2.07
DILUTED EARNINGS PER SHARE (in dollars per share) $ 1.21 $ 1.38 $ 2.06
Service charges on deposit accounts      
NONINTEREST INCOME      
Non-interest income $ 49,898 $ 50,530 $ 46,527
Debit and credit card fees      
NONINTEREST INCOME      
Non-interest income 32,875 31,472 31,203
Wealth management fees      
NONINTEREST INCOME      
Non-interest income 32,806 30,203 31,895
Mortgage lending income      
NONINTEREST INCOME      
Non-interest income 8,077 7,733 10,522
Other service charges and fees      
NONINTEREST INCOME      
Non-interest income $ 9,188 $ 9,122 $ 7,616