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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
INTEREST INCOME    
Loans, including fees $ 257,755 $ 261,490
Interest bearing balances due from banks and federal funds sold 2,703 3,010
Investment securities 47,257 58,001
Mortgage loans held for sale 122 148
TOTAL INTEREST INCOME 307,837 322,649
INTEREST EXPENSE    
Deposits 130,454 151,933
Federal funds purchased and securities sold under agreements to repurchase 113 189
Other borrowings 7,714 11,649
Subordinated notes and debentures 6,134 6,972
TOTAL INTEREST EXPENSE 144,415 170,743
NET INTEREST INCOME 163,422 151,906
Provision for credit losses 26,797 10,206
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 136,625 141,700
NONINTEREST INCOME    
Bank owned life insurance income 4,092 3,814
Other income 8,007 7,172
TOTAL NONINTEREST INCOME 46,155 43,184
NONINTEREST EXPENSE    
Salaries and employee benefits 74,824 72,653
Occupancy expense, net 12,651 12,258
Furniture and equipment expense 5,465 5,141
Other real estate and foreclosure expense 198 179
Deposit insurance 5,391 7,135
Other operating expenses 46,051 42,513
TOTAL NONINTEREST EXPENSE 144,580 139,879
INCOME BEFORE INCOME TAXES 38,200 45,005
Provision for income taxes 5,812 6,134
NET INCOME $ 32,388 $ 38,871
BASIC EARNINGS PER SHARE (in dollars per share) $ 0.26 $ 0.31
DILUTED EARNINGS PER SHARE (in dollars per share) $ 0.26 $ 0.31
Service charges on deposit accounts    
NONINTEREST INCOME    
Non-interest income $ 12,635 $ 11,955
Debit and credit card fees    
NONINTEREST INCOME    
Non-interest income 8,446 8,246
Wealth management fees    
NONINTEREST INCOME    
Non-interest income 9,629 8,398
Mortgage lending income    
NONINTEREST INCOME    
Non-interest income 2,013 2,320
Other service charges and fees    
NONINTEREST INCOME    
Non-interest income $ 1,333 $ 1,279