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Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
The following table sets forth information concerning the compensation of our NEOs for each of the fiscal years ended December 31, 2021, 2022, 2023 and 2024, and our financial performance for each such fiscal year:

Pay Versus Performance Table

YearSummary Compensation Table Total for PEO(1)Compensation Actually Paid to PEO (2)Average Summary Compensation Table Total for Non-PEO NEOs(3)Average Compensation Actually Paid to Non-PEO NEOs(4)Value of Initial Fixed $100 Investment Based On:Net Income(7)
Return on Average Assets, As Adjusted (non-GAAP)(8)
Total Shareholder Return(5)Peer Group Total Shareholder Return(6)
2024$6,166,326 $7,238,291 $2,116,737 $2,351,307 166.26 143.68 $402,241 1.77 %
20235,788,859 6,915,992 873,521 995,491 144.61 128.14 392,929 1.79 
20225,747,086 5,182,217 2,108,999 1,902,898 125.94 98.38 305,262 1.67 
20215,124,814 6,328,924 809,480 999,978 130.83 118.61 319,021 1.73 
20204,639,256 4,644,946 770,234 742,853 102.25 86.77 214,448 1.30 
       
Company Selected Measure Name return on average assets, as adjusted        
Named Executive Officers, Footnote Represents the total compensation of our principal executive officer (PEO), John W. Allison, as reported in the Summary Compensation Table for each year indicated.Represents the average of the total compensation of each of our non-PEO NEOs as reported in the Summary Compensation     Table for each year indicated. The non-PEO NEOs included in this calculation for 2020, 2021, 2023 and 2024 are Brian S. Davis, Tracy M. French, Kevin D. Hester and J. Stephen Tipton. The non-PEO NEOs included in this calculation for 2022 are Brian S. Davis, Tracy M. French, J. Stephen Tipton and Mikel Williamson.        
Peer Group Issuers, Footnote Represents a cumulative five-year total return of shareholders of a peer group calculated using the same method described in footnote (5). The peer group used for each year reported in the table is the S&P U.S. BMI Banks Index as listed under Item 5 of our Annual Report on Form 10-K for the year ended December 31, 2024.        
PEO Total Compensation Amount $ 6,166,326 $ 5,788,859 $ 5,747,086 $ 5,124,814 $ 4,639,256
PEO Actually Paid Compensation Amount $ 7,238,291 6,915,992 5,182,217 6,328,924 4,644,946
Adjustment To PEO Compensation, Footnote The amount reported in this column for each year indicated is calculated as follows:
Reconciliation of PEO SCT Total and
Compensation Actually Paid.
20242023202220212020
Total Compensation as reported SCT$6,166,326 $5,788,859 $5,747,086 $5,124,814 $4,639,256 
SubtractPension values reported in SCT for covered fiscal year(71,075)(84,787)(97,449)(109,140)(119,935)
SubtractFair value of equity awards granted during covered fiscal year(3,765,330)(3,431,790)(3,661,290)(3,381,000)(2,887,500)
AddPension value attributable to covered fiscal year's service and any change in pension value attributable to plan amendments made in the covered year— — — — — 
AddFair value of equity awards granted in covered fiscal year and that are unvested at end of such covered fiscal year - valued at year-end4,329,900 3,875,490 3,486,870 3,652,500 2,922,000 
AddFair value of equity awards granted in covered fiscal year that vested during such covered fiscal year - valued on date of vesting— — — — — 
AddDividends or other earnings paid on stock or option awards in the covered fiscal year prior to the vesting date that are not otherwise included in the total compensation for the covered fiscal year— — — — — 
Add/SubtractChange in fair value from end of prior fiscal year to end of covered fiscal year for awards made in prior fiscal years that were unvested at end of current fiscal year899,910 767,080 (312,000)730,500 (29,250)
Add/SubtractChange in fair value from end of prior fiscal year to vesting date for awards made in prior fiscal years that vested during covered fiscal year(321,440)1,140 19,000 311,250 120,375 
SubtractFair value of awards forfeited in current fiscal year determined at end of prior fiscal year— — — — — 
EqualsCompensation Actually Paid to PEO$7,238,291 $6,915,992 $5,182,217 $6,328,924 $4,644,946 
       
Non-PEO NEO Average Total Compensation Amount $ 2,116,737 873,521 2,108,999 809,480 770,234
Non-PEO NEO Average Compensation Actually Paid Amount $ 2,351,307 995,491 1,902,898 999,978 742,853
Adjustment to Non-PEO NEO Compensation Footnote The amount reported in this column for each year indicated is calculated as follows:
Reconciliation of Non-PEO NEOs SCT Total and Compensation Actually Paid.20242023202220212020
Total Compensation as reported SCT$2,116,737 $873,521 $2,108,999 $809,480 $770,234 
SubtractPension values reported in SCT for covered fiscal year(17,172)(15,915)(15,108)(13,662)(11,691)
SubtractFair value of equity awards granted during covered fiscal year(1,271,915)(33,645)(314,145)(33,270)(28,875)
AddPension value attributable to covered fiscal year's service and any change in pension value attributable to plan amendments made in the covered year— — 8,207 — — 
AddFair value of equity awards granted in covered fiscal year and that are unvested at end of such covered fiscal year - valued at year-end1,457,450 75,990 182,320 24,350 38,960 
AddFair value of equity awards granted in covered fiscal year that vested during such covered fiscal year - valued on date of vesting— — — — — 
AddDividends or other earnings paid on stock or option awards in the covered fiscal year prior to the vesting date that are not otherwise included in the total compensation for the covered fiscal year— — — — — 
Add/SubtractChange in fair value from end of prior fiscal year to end of covered fiscal year for awards made in prior fiscal years that were unvested at end of current fiscal year76,230 95,885 (66,690)181,408 (7,650)
Add/SubtractChange in fair value from end of prior fiscal year to vesting date for awards made in prior fiscal years that vested during covered fiscal year(10,023)(345)(685)31,673 (18,125)
SubtractFair value of awards forfeited in current fiscal year determined at end of prior fiscal year— — — — — 
EqualsCompensation Actually Paid to Non-PEO NEOs$2,351,307 $995,491 $1,902,898 $999,978 $742,853 
       
Compensation Actually Paid vs. Total Shareholder Return
The following graphs show the relationship between the compensation actually paid to our PEO and the average of the compensation actually paid to our other NEOs to our total shareholder return, net income and return on average assets, as adjusted, and the relationship between our cumulative total shareholder return and the cumulative total shareholder return of the peer group, each over the fiscal years ending December 31, 2024 as reported in the table above:

3014
       
Compensation Actually Paid vs. Net Income
3017
       
Compensation Actually Paid vs. Company Selected Measure
3021
       
Total Shareholder Return Vs Peer Group
3023
       
Tabular List, Table
Financial Performance Measures Used to Link Executive Compensation to Company Performance
The following list presents the most important financial measures, as determined by the Compensation Committee, used by the Company to link compensation actually paid to our NEOs, for fiscal year 2024, to the Company’s performance:
Return on average assets, as adjusted
Return on tangible common equity, as adjusted
Efficiency ratio, as adjusted
Net charge-off ratio
Net interest margin
       
Total Shareholder Return Amount $ 166.26 144.61 125.94 130.83 102.25
Peer Group Total Shareholder Return Amount 143.68 128.14 98.38 118.61 86.77
Net Income (Loss) $ 402,241,000 $ 392,929,000 $ 305,262,000 $ 319,021,000 $ 214,448,000
Company Selected Measure Amount 0.0177 0.0179 0.0167 0.0173 0.0130
PEO Name John W. Allison        
Measure:: 1          
Pay vs Performance Disclosure          
Name •Return on average assets, as adjusted        
Non-GAAP Measure Description Represents our return on average assets, as adjusted, for each year indicated, which we believe represents the most important financial performance measure that was used to link compensation actually paid to our PEO and non-PEOs for the most recent fiscal year to Company performance. See Appendix A to this Proxy Statement for a reconciliation of return on average assets, as adjusted, a non-GAAP measure, to the most directly comparable GAAP financial measure.        
Measure:: 2          
Pay vs Performance Disclosure          
Name •Return on tangible common equity, as adjusted        
Measure:: 3          
Pay vs Performance Disclosure          
Name •Efficiency ratio, as adjusted        
Measure:: 4          
Pay vs Performance Disclosure          
Name •Net charge-off ratio        
Measure:: 5          
Pay vs Performance Disclosure          
Name •Net interest margin        
PEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (71,075) $ (84,787) $ (97,449) $ (109,140) $ (119,935)
PEO | Aggregate Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (3,765,330) (3,431,790) (3,661,290) (3,381,000) (2,887,500)
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 4,329,900 3,875,490 3,486,870 3,652,500 2,922,000
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 899,910 767,080 (312,000) 730,500 (29,250)
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (321,440) 1,140 19,000 311,250 120,375
PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
PEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
Non-PEO NEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (17,172) (15,915) (15,108) (13,662) (11,691)
Non-PEO NEO | Aggregate Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 8,207 0 0
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,271,915) (33,645) (314,145) (33,270) (28,875)
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,457,450 75,990 182,320 24,350 38,960
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 76,230 95,885 (66,690) 181,408 (7,650)
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (10,023) (345) (685) 31,673 (18,125)
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 0 $ 0 $ 0 $ 0 $ 0