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UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Interest income:    
Loans $ 153,408 $ 149,594
Mortgage-backed securities 28,457 19,793
Investment securities and other 7,357 14,039
Total interest income 189,222 183,426
Interest expense:    
Deposits 36,292 36,792
Securities sold under agreements to repurchase 710 0
Advances from FHLB and other borrowings 3,149 2,532
Total interest expense 40,151 39,324
Net interest income 149,071 144,102
Provision for credit losses 25,688 15,121
Net interest income after provision for credit losses 123,383 128,981
Non-interest income:    
Banking service revenue 15,981 17,259
Wealth management revenue 8,455 8,107
Mortgage banking activities 4,776 4,693
Total banking and financial service revenues 29,212 30,059
Net loss on sale of securities 0 (7)
Other non-interest income 305 296
Total non-interest income 29,517 30,348
Non-interest expense:    
Compensation and employee benefits 39,932 39,816
Occupancy, equipment and infrastructure costs 14,820 14,322
Electronic banking charges 9,670 10,366
Information technology expenses 6,287 6,603
Professional and service fees 5,118 4,004
Taxes, other than payroll and income taxes 3,726 3,243
Insurance 2,766 2,676
Loan servicing and clearing expenses 2,234 2,110
Advertising, business promotion, and strategic initiatives 2,617 2,379
Communication 1,120 1,081
Printing, postage, stationery and supplies 1,147 959
Foreclosed real estate and other repossessed assets expenses 1,028 668
Other 2,987 3,185
Total non-interest expense 93,452 91,412
Income before income taxes 59,448 67,917
Income tax expense 13,876 18,225
Net income available to common shareholders $ 45,572 $ 49,692
Earnings per common share:    
Basic (in dollars per share) $ 1.01 $ 1.06
Diluted (in dollars per share) $ 1.00 $ 1.05
Average common shares outstanding and equivalents (in shares) 45,509 47,343
Cash dividends per share of common stock (in dollars per share) $ 0.30 $ 0.25