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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
INTEREST INCOME      
Loans $ 810,007 $ 619,273 $ 585,957
Securities:      
Taxable interest 192,121 127,625 105,701
Tax-exempt interest 97,190 98,305 99,820
Total securities income 289,311 225,930 205,521
Federal funds and resell agreements 19,109 10,048 11,840
Interest-bearing due from banks 18,582 5,417 3,744
Trading securities 511 854 1,427
Total interest income 1,137,520 861,522 808,489
INTEREST EXPENSE      
Deposits 167,553 26,412 58,214
Federal funds and repurchase agreements 40,703 6,934 11,787
Other 15,467 12,655 7,259
Total interest expense 223,723 46,001 77,260
Net interest income 913,797 815,521 731,229
Provision for credit losses 37,900 20,000 130,500
Net interest income after provision for credit losses 875,897 795,521 600,729
NONINTEREST INCOME      
Trust and securities processing 237,207 224,126 194,646
Trading and investment banking 23,201 30,939 32,945
Service charges on deposit accounts 85,167 86,056 83,879
Insurance fees and commissions 1,338 1,309 1,369
Brokerage fees 43,019 12,171 24,350
Bankcard fees 73,451 64,576 60,544
Investment securities gains, net 58,444 5,057 120,634
Other 32,406 42,941 41,799
Total noninterest income 554,233 467,175 560,166
NONINTEREST EXPENSE      
Salaries and employee benefits 524,431 504,442 495,464
Occupancy, net 48,848 47,345 47,476
Equipment 74,259 78,398 85,719
Supplies and services 13,590 14,986 15,537
Marketing and business development 25,699 18,533 14,679
Processing fees 82,227 67,563 54,213
Legal and consulting 39,095 32,406 29,765
Bankcard 26,367 19,145 18,954
Amortization of other intangible assets 5,037 4,757 6,517
Regulatory fees 15,378 11,894 10,279
Other 43,188 34,167 43,402
Total noninterest expense 898,119 833,636 822,005
Income before income taxes 532,011 429,060 338,890
Income tax expense 100,329 76,042 52,388
NET INCOME $ 431,682 $ 353,018 $ 286,502
PER SHARE DATA      
Net income – basic $ 8.93 $ 7.31 $ 5.95
Net income – diluted 8.86 7.24 5.93
Dividends $ 1.49 $ 1.38 $ 1.25
Weighted average shares outstanding – basic 48,340,922 48,271,462 48,137,791
Weighted average shares outstanding – diluted 48,747,399 48,738,292 48,343,750