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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Interest income:        
Loans, including fees $ 588,131 $ 570,489 $ 1,704,356 $ 1,663,347
Securities:        
Taxable 67,158 65,776 196,000 161,824
Tax-exempt 27,646 23,860 79,980 72,832
Federal funds sold and other 38,312 34,740 103,841 115,735
Total interest income 721,247 694,865 2,084,177 2,013,738
Interest expense:        
Deposits 294,164 310,527 852,171 915,944
Securities sold under agreements to repurchase 1,423 1,495 3,671 4,210
Federal Home Loan Bank advances and other borrowings 28,795 31,339 87,509 91,784
Total interest expense 324,382 343,361 943,351 1,011,938
Net interest income 396,865 351,504 1,140,826 1,001,800
Provision for credit losses 31,939 26,281 73,144 90,937
Net interest income after provision for credit losses 364,926 325,223 1,067,682 910,863
Noninterest income:        
Total noninterest income 147,938 115,242 371,821 259,633
Noninterest expense:        
Salaries and employee benefits 187,001 160,234 540,336 456,361
Equipment and occupancy 48,910 42,564 143,133 123,246
Other real estate expense, net 146 56 341 162
Marketing and other business development 7,902 5,599 25,340 18,500
Postage and supplies 3,401 2,965 9,963 8,871
Amortization of intangibles 1,398 1,558 4,215 4,710
Merger-related expenses 7,727 0 7,727 0
Other noninterest expense 46,654 46,343 134,017 161,223
Total noninterest expense 303,139 259,319 865,072 773,073
Income before income taxes 209,725 181,146 574,431 397,423
Income tax expense 36,589 34,455 102,347 73,626
Net income 173,136 146,691 472,084 323,797
Preferred stock dividends (3,798) (3,798) (11,394) (11,394)
Net income available to common shareholders $ 169,338 $ 142,893 $ 460,690 $ 312,403
Per share information:        
Basic net income per common share $ 2.20 $ 1.87 $ 6.00 $ 4.09
Diluted net income per common share $ 2.19 $ 1.86 $ 5.96 $ 4.08
Weighted average common shares outstanding:        
Basic 76,904,045 76,520,599 76,841,192 76,435,370
Diluted 77,310,293 76,765,586 77,242,533 76,606,329
Service charges on deposit accounts        
Noninterest income:        
Total noninterest income $ 18,290 $ 16,217 $ 52,410 $ 44,219
Investment services        
Noninterest income:        
Total noninterest income 23,910 17,868 62,051 48,339
Insurance sales commissions        
Noninterest income:        
Total noninterest income 4,016 3,286 12,383 10,853
Gain on mortgage loans sold, net        
Noninterest income:        
Total noninterest income 1,828 2,643 6,300 8,792
Investment losses on sales, net        
Noninterest income:        
Total noninterest income 0 0 (12,512) (72,103)
Trust fees        
Noninterest income:        
Total noninterest income 10,316 8,383 28,936 24,121
Income from equity method investment        
Noninterest income:        
Total noninterest income 40,614 16,379 87,046 51,102
Gain on sale of fixed assets        
Noninterest income:        
Total noninterest income 0 1,837 412 2,220
Other noninterest income        
Noninterest income:        
Total noninterest income $ 48,964 $ 48,629 $ 134,795 $ 142,090