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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest Income    
Interest and Fees on Loans and Leases $ 159,336 $ 136,501
Income on Investment Securities    
Available-for-Sale 21,757 23,893
Held-to-Maturity 22,136 23,948
Deposits 30 27
Funds Sold 6,127 3,366
Other 970 597
Total Interest Income 210,356 188,332
Interest Expense    
Deposits 89,056 37,794
Securities Sold Under Agreements to Repurchase 1,443 5,377
Funds Purchased   704
Short-Term Borrowings   3,203
Other Debt 5,919 5,299
Total Interest Expense 96,418 52,377
Net Interest Income 113,938 135,955
Provision for Credit Losses 2,000 2,000
Net Interest Income After Provision for Credit Losses 111,938 133,955
Noninterest Income    
Trust and Asset Management 11,189 10,690
Mortgage Banking 951 1,004
Service Charges on Deposit Accounts 7,947 7,737
Fees, Exchange, and Other Service Charges 14,123 13,808
Investment Securities Losses, Net (1,497) (1,792)
Annuity and Insurance 1,046 1,271
Bank-Owned Life Insurance 3,356 2,842
Other 5,170 5,177
Total Noninterest Income 42,285 40,737
Noninterest Expense    
Salaries and Benefits 58,215 65,088
Net Occupancy 10,456 9,872
Net Equipment 10,103 10,375
Data Processing 4,770 4,583
Professional Fees 4,677 3,883
FDIC Insurance 3,614 3,234
Other 14,024 14,884
Total Noninterest Expense 105,859 111,919
Income Before Provision for Income Taxes 48,364 62,773
Provision for Income Taxes 11,973 15,931
Net Income 36,391 46,842
Preferred Stock Dividends 1,969 1,969
Net Income Available to Common Shareholders $ 34,422 $ 44,873
Basic Earnings Per Common Share $ 0.87 $ 1.14
Diluted Earnings Per Common Share 0.87 1.14
Dividends Declared Per Common Share $ 0.7 $ 0.7
Basic Weighted Average Common Shares 39,350,390 39,276,833
Diluted Weighted Average Common Shares 39,626,463 39,465,889