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Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest income:    
Loans $ 265,294 $ 236,997
Investment securities    
Taxable 33,229 35,288
Tax-exempt 7,803 7,963
Deposits – other banks 10,528 4,685
Federal funds sold 61 6
Total interest income 316,915 284,939
Interest expense:    
Interest on deposits 92,548 59,162
Federal funds purchased 0 0
FHLB and other borrowed funds 14,276 6,190
Securities sold under agreements to repurchase 1,404 868
Subordinated debentures 4,097 4,124
Total interest expense 112,325 70,344
Net interest income 204,590 214,595
Provision for credit losses on loans 5,500 1,200
Recovery of credit losses on unfunded commitments (1,000) 0
Provision for credit losses on investment securities 0 0
Total credit loss expense 4,500 1,200
Net interest income after credit loss expense 200,090 213,395
Non-interest income:    
Trust fees 5,066 4,864
Mortgage lending income 3,558 2,571
Insurance commissions 508 526
Increase in cash value of life insurance 1,195 1,104
Dividends from FHLB, FRB, FNBB & other 3,007 2,794
Gain on sale of SBA loans 198 139
(Loss) gain on sale of branches, equipment and other assets, net (8) 7
Gain on OREO, net 17 0
Fair value adjustment for marketable securities 1,003 (11,408)
Other income 7,380 11,850
Total non-interest income 41,799 34,164
Non-interest expense:    
Salaries and employee benefits 60,910 64,490
Occupancy and equipment 14,551 14,952
Data processing expense 9,147 8,968
Merger and acquisition expenses 0 0
Other operating expenses 26,888 26,234
Total non-interest expense 111,496 114,644
Income before income taxes 130,393 132,915
Income tax expense 30,284 29,953
Net income $ 100,109 $ 102,962
Basic earnings per share (in dollars per share) $ 0.50 $ 0.51
Diluted earnings per share (in dollars per share) $ 0.50 $ 0.51
Service charges on deposit accounts    
Non-interest income:    
Service charges $ 9,686 $ 9,842
Other service charges and fees    
Non-interest income:    
Service charges $ 10,189 $ 11,875