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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Interest Income      
Interest and Fees on Loans and Leases $ 653,615 $ 590,611 $ 439,798
Income on Investment Securities      
Available-for-Sale 89,705 93,528 70,555
Held-to-Maturity 85,515 92,750 81,490
Cash and Cash Equivalents 30,701 28,380 4,306
Other 4,215 5,106 1,217
Total Interest Income 863,751 810,375 597,366
Interest Expense      
Deposits 368,764 250,847 39,678
Securities Sold Under Agreements to Repurchase 4,608 16,306 12,600
Funds Purchased 44 888 417
Short-Term Borrowings   5,713 2,070
Other Debt 23,755 39,596 2,043
Total Interest Expense 397,171 313,350 56,808
Net Interest Income 466,580 497,025 540,558
Provision for Credit Losses 11,150 9,000 (7,800)
Net Interest Income After Provision for Credit Losses 455,430 488,025 548,358
Noninterest Income      
Fees, Exchange, and Other Service Charges 57,236 55,556 54,914
Trust and Asset Management 47,485 43,597 43,803
Service Charges on Deposit Accounts 32,430 31,116 29,620
Bank-Owned Life Insurance 13,568 11,643 9,968
Annuity and Insurance 5,436 4,736 3,782
Mortgage Banking 4,109 4,255 5,980
Investment Securities Losses, Net (7,507) (11,455) (6,111)
Other 19,772 37,161 15,585
Total Noninterest Income 172,529 176,609 157,541
Noninterest Expense      
Salaries and Benefits 232,564 234,079 235,270
Net Occupancy 42,084 39,924 39,441
Net Equipment 40,886 40,251 38,374
Data Processing 19,540 18,836 18,362
Professional Fees 19,319 17,459 14,557
FDIC Insurance 17,850 28,313 6,546
Other 57,865 58,656 62,715
Total Noninterest Expense 430,108 437,518 415,265
Income Before Provision for Income Taxes 197,851 227,116 290,634
Provision (Benefit) for Income Taxes 47,857 55,914 64,830
Net Income 149,994 171,202 225,804
Preferred Stock Dividends 12,644 7,877 7,877
Net Income Available to Common Shareholders $ 137,350 $ 163,325 $ 217,927
Basic Earnings Per Common Share $ 3.48 $ 4.16 $ 5.50
Diluted Earnings Per Common Share 3.46 4.14 5.48
Dividends Declared Per Common Share $ 2.80 $ 2.80 $ 2.80
Basic Weighted Average Common Shares 39,450,737 39,274,291 39,601,089
Diluted Weighted Average Common Shares 39,700,388 39,428,912 39,788,002