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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
INTEREST INCOME        
Loans $ 629,057 $ 416,400 $ 1,768,875 $ 1,202,317
Securities:        
Taxable interest 138,176 63,466 358,709 186,159
Tax-exempt interest 33,035 24,578 96,022 74,988
Total securities income 171,211 88,044 454,731 261,147
Federal funds and resell agreements 9,365 4,990 25,050 11,726
Interest-bearing due from banks 68,952 47,969 217,811 139,831
Trading securities 312 291 937 1,020
Total interest income 878,897 557,694 2,467,404 1,616,041
INTEREST EXPENSE        
Deposits 362,882 262,599 1,009,441 726,999
Federal funds and repurchase agreements 28,632 27,070 81,845 82,813
Other 12,341 20,649 36,413 74,311
Total interest expense 403,855 310,318 1,127,699 884,123
Net interest income 475,042 247,376 1,339,705 731,918
Provision for credit losses 22,500 18,000 129,500 42,050
Net interest income after provision for credit losses 452,542 229,376 1,210,205 689,868
NONINTEREST INCOME        
Trust and securities processing 87,926 74,222 250,970 213,710
Trading and investment banking 7,026 7,118 19,107 18,041
Service charges on deposit accounts 29,150 20,089 85,472 63,107
Insurance fees and commissions 307 282 674 832
Brokerage fees 20,470 15,749 59,097 42,929
Bankcard fees 29,561 22,394 84,872 66,708
Investment securities (losses) gains, net (4,093) 2,623 28,810 10,127
Other 32,951 16,266 62,679 47,452
Total noninterest income 203,298 158,743 591,681 462,906
NONINTEREST EXPENSE        
Salaries and employee benefits 220,329 146,984 655,278 432,851
Occupancy, net 19,149 12,274 53,789 36,267
Equipment 16,563 15,988 49,937 48,094
Supplies and services 10,492 4,967 21,660 11,672
Marketing and business development 11,094 6,817 30,436 19,440
Processing fees 45,008 29,697 129,496 87,334
Legal and consulting 21,616 9,518 68,690 33,978
Bankcard 11,775 12,482 36,933 34,867
Amortization of other intangible assets 25,317 1,917 68,067 5,788
Regulatory fees 8,091 4,686 25,587 26,649
Other 29,851 7,124 57,367 19,385
Total noninterest expense 419,285 252,454 1,197,240 756,325
Income before income taxes 236,555 135,665 604,646 396,449
Income tax expense 48,239 26,022 117,603 75,203
NET INCOME 188,316 109,643 487,043 321,246
Less: Preferred dividends 7,944   11,969  
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS $ 180,372 $ 109,643 $ 475,074 $ 321,246
PER SHARE DATA        
Net income per common share -- basic $ 2.38 $ 2.25 $ 6.57 $ 6.59
Net income per common share -- diluted 2.36 2.23 6.53 6.56
Dividends per common share $ 0.4 $ 0.39 $ 1.2 $ 1.17
Weighted average common shares outstanding -- basic 75,943,943 48,775,072 72,349,952 48,727,914
Weighted average common shares outstanding -- diluted 76,366,818 49,078,497 72,744,289 48,993,581