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PARENT COMPANY FINANCIAL INFORMATION (Tables) 10K | 12 Months Ended
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Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract] |
Financial Information for the Parent Company - Balance Sheets | Financial information for the Parent Company is as follows: PARENT COMPANY CONDENSED BALANCE SHEETS AS OF DECEMBER 31, 2024 and 2023 (Dollars in thousands) ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2024 |  | 2023
ASSETS |  | ​ |  |  | ​ |
Cash | ​ | $ | 15,221 | ​ | $ | 32,336
Investments | ​ | ​ | 1,681 | ​ | ​ | —
Other assets | ​ |  | 24,028 | ​ |  | 30,344
Investment in subsidiaries | ​ |  | 3,565,243 | ​ |  | 2,927,459
Total assets | ​ | $ | 3,606,173 | ​ | $ | 2,990,139
LIABILITIES AND STOCKHOLDERS' EQUITY | ​ |  |  | ​ |  |
Long-term borrowings | ​ | $ | 247,826 | ​ | $ | 247,516
Trust preferred capital notes | ​ |  | 170,476 | ​ |  | 143,509
Other liabilities | ​ |  | 44,992 | ​ |  | 42,787
Total liabilities | ​ |  | 463,294 | ​ |  | 433,812
Total stockholders' equity | ​ |  | 3,142,879 | ​ |  | 2,556,327
Total liabilities and stockholders' equity | ​ | $ | 3,606,173 | ​ | $ | 2,990,139
Financial Information for the Parent Company - Statements of Income and Comprehensive Income | PARENT COMPANY CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (LOSS) YEARS ENDED DECEMBER 31, 2024, 2023, and 2022 (Dollars in thousands) ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2024 |  | 2023 |  | 2022
Income: |  | ​ |  |  | ​ |  |  | ​ |
Interest and dividend income | ​ | $ | 99 | ​ | $ | — | ​ | $ | —
Dividends received from subsidiaries | ​ | ​ | 132,750 | ​ | ​ | 122,000 | ​ | ​ | 102,215
Other operating loss | ​ |  | (97) | ​ |  | (1,136) | ​ |  | (286)
Total income | ​ |  | 132,752 | ​ |  | 120,864 | ​ |  | 101,929
Expenses: | ​ |  |  | ​ |  |  | ​ |  |
Interest expense | ​ |  | 21,791 | ​ |  | 19,511 | ​ |  | 14,477
Other operating expenses | ​ |  | 19,550 | ​ |  | 12,479 | ​ |  | 9,819
Total expenses | ​ |  | 41,341 | ​ |  | 31,990 | ​ |  | 24,296
Income before income taxes and equity in undistributed net income from subsidiaries | ​ |  | 91,411 | ​ |  | 88,874 | ​ |  | 77,633
Income tax benefit | ​ |  | (547) | ​ |  | (9,210) | ​ |  | (10,892)
Equity in undistributed net income from subsidiaries | ​ |  | 117,173 | ​ |  | 103,734 | ​ |  | 145,985
Net income | ​ | $ | 209,131 | ​ | $ | 201,818 | ​ | $ | 234,510
Comprehensive income (loss) | ​ | $ | 192,794 | ​ | $ | 276,755 | ​ | $ | (202,411)
Financial Information for the Parent Company - Statements of Cash Flows | PARENT COMPANY CONDENSED STATEMENTS OF CASH FLOWS YEARS ENDED DECEMBER 31, 2024, 2023, and 2022 (Dollars in thousands) ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2024 |  | 2023 |  | 2022
Operating activities: |  | ​ |  |  | ​ |  |  | ​ |
Net income | ​ | $ | 209,131 | ​ | $ | 201,818 | ​ | $ | 234,510
Adjustments to reconcile net income to net cash provided by (used in) operating activities: | ​ |  |  | ​ |  |  | ​ |  |
Equity in undistributed net income of subsidiaries | ​ |  | (117,173) | ​ |  | (103,734) | ​ |  | (145,985)
Non-cash dividend | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (27,215)
Acquisition accounting amortization, net | ​ |  | 1,078 | ​ |  | 851 | ​ |  | 829
Stock-based compensation expense | ​ | ​ | 13,796 | ​ | ​ | 11,101 | ​ | ​ | 10,609
Deferred tax asset write-down | ​ | ​ | 4,419 | ​ | ​ | — | ​ | ​ | —
Issuance of common stock for services | ​ |  | 970 | ​ |  | 735 | ​ |  | 819
Net decrease (increase) in other assets | ​ |  | 1,536 | ​ |  | 3,256 | ​ |  | (9,663)
Net increase in other liabilities | ​ |  | 1,040 | ​ |  | 13,201 | ​ |  | 761
Net cash provided by operating activities | ​ |  | 114,797 | ​ |  | 127,228 | ​ |  | 64,665
Investing activities: | ​ |  |  | ​ |  |  | ​ |  |
Proceeds from sale of former bank premises | ​ |  | — | ​ |  | — | ​ |  | 2,524
Increase in equity method investments | ​ | ​ | (4,516) | ​ | ​ | (7,363) | ​ | ​ | (8,830)
Net cash received in acquisitions | ​ | ​ | 212 | ​ | ​ | — | ​ | ​ | —
Net cash used in investing activities | ​ |  | (4,304) | ​ |  | (7,363) | ​ |  | (6,306)
Financing activities: | ​ |  |  | ​ |  |  | ​ |  |
Cash dividends paid | ​ | ​ | (123,875) | ​ | ​ | (103,285) | ​ | ​ | (98,767)
Repurchase of common stock | ​ |  | — | ​ |  | — | ​ |  | (48,231)
Issuance of common stock | ​ | ​ | 228 | ​ | ​ | 778 | ​ | ​ | 3,875
Vesting of restricted stock, net of shares held for taxes | ​ |  | (3,961) | ​ |  | (2,494) | ​ |  | (3,228)
Net cash used in financing activities | ​ |  | (127,608) | ​ |  | (105,001) | ​ |  | (146,351)
Increase (decrease) in cash and cash equivalents | ​ |  | (17,115) | ​ |  | 14,864 | ​ |  | (87,992)
Cash, cash equivalents and restricted cash at beginning of the period | ​ |  | 32,336 | ​ |  | 17,472 | ​ |  | 105,464
Cash, cash equivalents and restricted cash at end of the period | ​ | $ | 15,221 | ​ | $ | 32,336 | ​ | $ | 17,472
Supplemental schedule of noncash investing and financing activities | ​ |  |  | ​ |  |  | ​ |  |
Issuance of common stock in exchange for net assets in acquisition | ​ | $ | 505,402 | ​ | $ | — | ​ | $ | —
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Transactions related to bank acquisition | ​ |  |  | ​ |  |  | ​ |  |
Assets acquired | ​ |  | 521,218 | ​ |  | — | ​ |  | —
Liabilities assumed | ​ |  | 30,398 | ​ |  | — | ​ |  | —
​

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