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Consolidated Statements of Income (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Loans including fees:    
Taxable $ 515,766 $ 487,361
Nontaxable 10,177 13,102
Investment securities:    
Taxable 85,534 75,027
Nontaxable 10,107 10,506
Money market and other interest-earning investments 8,815 9,985
Total interest income 630,399 595,981
Interest Expense    
Deposits 190,495 185,439
Federal funds purchased and interbank borrowings 1,625 961
Securities sold under agreements to repurchase 551 917
Federal Home Loan Bank advances 41,896 41,167
Other borrowings 8,189 11,039
Total interest expense 242,756 239,523
Net interest income 387,643 356,458
Provision for credit losses 31,403 18,891
Net interest income after provision for credit losses 356,240 337,567
Noninterest Income    
Wealth and investment services fees 29,648 28,304
Service charges on deposit accounts 21,156 17,898
Debit card and ATM fees 9,991 10,054
Mortgage banking revenue 6,879 4,478
Capital markets income 4,506 2,900
Company-owned life insurance 5,381 3,434
Debt securities gains (losses), net (76) (16)
Other income 16,309 10,470
Total noninterest income 93,794 77,522
Noninterest Expense    
Salaries and employee benefits 148,305 149,803
Occupancy 29,053 27,019
Equipment 8,901 8,671
Marketing 11,940 10,634
Technology 22,020 20,023
Communication 4,134 4,000
Professional fees 7,919 6,406
FDIC assessment 9,700 11,313
Amortization of intangibles 6,830 5,455
Amortization of tax credit investments 3,424 2,749
Other expense 16,245 16,244
Total noninterest expense 268,471 262,317
Income before income taxes 181,563 152,772
Income tax expense 36,904 32,488
Net income 144,659 120,284
Preferred dividends (4,034) (4,034)
Net income applicable to common shareholders $ 140,625 $ 116,250
Net income per common share - basic (in dollars per share) $ 0.45 $ 0.40
Net income per common share - diluted (in dollars per share) $ 0.44 $ 0.40
Weighted average number of common shares outstanding - basic (in shares) 315,925 290,980
Weighted average number of common shares outstanding - diluted (in shares) 321,016 292,207
Dividends per common share (in dollars per share) $ 0.14 $ 0.14