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Consolidated Statements of Income (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
INTEREST INCOME:    
Loans, including fees $ 306,228,000 $ 247,118,000
Securities 66,421,000 73,185,000
Federal funds sold and other earning assets 9,265,000 7,006,000
Total interest income 381,914,000 327,309,000
INTEREST EXPENSE:    
Deposits 92,692,000 47,343,000
Other borrowings 48,946,000 34,396,000
Securities sold under repurchase agreements 2,032,000 2,103,000
Total interest expense 143,670,000 83,842,000
NET INTEREST INCOME 238,244,000 243,467,000
PROVISION FOR CREDIT LOSSES 0 0
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 238,244,000 243,467,000
NONINTEREST INCOME:    
Nonsufficient funds (NSF) fees 8,288,000 8,095,000
Credit card, debit card and ATM card income 8,861,000 8,666,000
Service charges on deposit accounts 6,406,000 5,926,000
Trust income 4,156,000 3,225,000
Mortgage income 610,000 238,000
Brokerage income 1,235,000 1,149,000
Net (loss) gain on sale or write-down of assets (35,000) 121,000
Net gain on sale of securities 298,000 0
Other 9,051,000 10,846,000
Total noninterest income 38,870,000 38,266,000
NONINTEREST EXPENSE:    
Salaries and employee benefits 85,771,000 77,798,000
Net occupancy and equipment 8,623,000 8,025,000
Credit and debit card, data processing and software amortization 10,975,000 9,566,000
Regulatory assessments and FDIC insurance 5,538,000 4,973,000
Core deposit intangibles amortization 3,237,000 2,374,000
Depreciation 4,686,000 4,433,000
Communications 3,402,000 3,462,000
Net other real estate income 49,000 45,000
Merger related expenses 0 860,000
Other 13,567,000 11,464,000
Total noninterest expense 135,848,000 123,000,000
INCOME BEFORE INCOME TAXES 141,266,000 158,733,000
PROVISION FOR INCOME TAXES 30,840,000 34,039,000
NET INCOME $ 110,426,000 $ 124,694,000
EARNINGS PER SHARE:    
Basic $ 1.18 $ 1.37
Diluted $ 1.18 $ 1.37