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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 $ 673,720 $ 622,033 $ 577,558
Investment securities and other interest-earning assets 94,858 74,706 53,168
Total interest income 768,578 696,739 630,726
INTEREST EXPENSE      
Deposits 40,093 11,817 34,336
FHLB advances and other borrowings 13,131 99 1,532
Subordinated debentures 18,242 22,449 20,647
Total interest expense 71,466 34,365 56,515
Net interest income before provision for credit losses 697,112 662,374 574,211
Provision for credit losses 4,832 (70,876) 191,816
Net interest income after provision for credit losses 692,280 733,250 382,395
NONINTEREST INCOME      
Loan servicing income 1,664 2,121 2,028
Earnings on bank-owned life insurance 13,159 11,299 7,160
Net gain from sales of loans 3,238 4,428 8,609
Net gain from sales of investment securities 1,710 16,906 13,882
Other income 5,369 13,360 9,538
Total noninterest income 88,748 107,850 71,325
NONINTEREST EXPENSE      
Compensation and benefits 225,245 215,690 180,452
Premises and occupancy 47,433 48,234 43,296
Data processing 26,649 23,770 20,491
FDIC insurance premiums 5,772 5,274 3,571
Legal and professional services 17,947 18,554 15,633
Marketing expense 7,632 6,917 5,891
Office expense 5,103 5,957 7,216
Loan expense 3,810 4,469 3,531
Deposit expense 19,448 15,654 19,700
Merger-related expense 0 5 49,129
Amortization of intangible assets 13,983 15,936 17,072
Other expense 23,648 19,817 15,137
Total noninterest expense 396,670 380,277 381,119
Net income before income taxes 384,358 460,823 72,601
Income tax expense 100,615 120,934 12,250
Net income $ 283,743 $ 339,889 $ 60,351
EARNINGS PER SHARE      
Basic (in dollars per share) $ 2.99 $ 3.60 $ 0.75
Diluted (in dollars per share) $ 2.98 $ 3.58 $ 0.75
WEIGHTED AVERAGE SHARES OUTSTANDING      
Basic (in shares) 93,718,293 93,532,109 79,209,560
Diluted (in shares) 94,091,461 94,012,137 79,506,274
Service charges on deposit accounts      
NONINTEREST INCOME      
Noninterest income $ 10,698 $ 9,219 $ 6,712
Other service fee income      
NONINTEREST INCOME      
Noninterest income 1,351 1,566 1,554
Debit card interchange fee income      
NONINTEREST INCOME      
Noninterest income 3,628 3,489 2,526
Trust custodial account fees      
NONINTEREST INCOME      
Noninterest income 41,606 38,176 16,653
Escrow and exchange fees      
NONINTEREST INCOME      
Noninterest income $ 6,325 $ 7,286 $ 2,663