XML 17 R4.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Interest income:    
Loans, including fees $ 547,368 $ 541,199
Securities:    
Taxable 61,853 44,470
Tax-exempt 25,230 24,600
Federal funds sold and other 33,709 40,214
Total interest income 668,160 650,483
Interest expense:    
Deposits 273,393 300,968
Securities sold under agreements to repurchase 1,026 1,399
Federal Home Loan Bank advances and other borrowings 29,313 30,082
Total interest expense 303,732 332,449
Net interest income 364,428 318,034
Provision for credit losses 16,960 34,497
Net interest income after provision for credit losses 347,468 283,537
Noninterest income:    
Total noninterest income 98,426 110,103
Noninterest expense:    
Salaries and employee benefits 172,089 146,010
Equipment and occupancy 46,180 39,646
Other real estate expense, net 58 84
Marketing and other business development 8,666 6,125
Postage and supplies 3,370 2,771
Amortization of intangibles 1,417 1,584
Other noninterest expense 43,707 46,145
Total noninterest expense 275,487 242,365
Income before income taxes 170,407 151,275
Income tax expense 29,999 27,331
Net income 140,408 123,944
Preferred stock dividends (3,798) (3,798)
Net income available to common shareholders $ 136,610 $ 120,146
Per share information:    
Basic net income per common share $ 1.78 $ 1.58
Diluted net income per common share $ 1.77 $ 1.57
Weighted average common shares outstanding:    
Basic 76,726,545 76,278,453
Diluted 76,964,625 76,428,885
Service charges on deposit accounts    
Noninterest income:    
Total noninterest income $ 17,028 $ 13,439
Investment services    
Noninterest income:    
Total noninterest income 18,817 14,751
Insurance sales commissions    
Noninterest income:    
Total noninterest income 4,674 3,852
Gain on mortgage loans sold, net    
Noninterest income:    
Total noninterest income 2,507 2,879
Investment losses on sales, net    
Noninterest income:    
Total noninterest income (12,512) 0
Trust fees    
Noninterest income:    
Total noninterest income 9,340 7,415
Income from equity method investment    
Noninterest income:    
Total noninterest income 20,405 16,035
Gain on sale of fixed assets    
Noninterest income:    
Total noninterest income 210 58
Other noninterest income    
Noninterest income:    
Total noninterest income $ 37,957 $ 51,674