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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
INTEREST INCOME    
Loans $ 180,958 $ 150,604
Investment securities and other interest-earning assets 40,385 17,942
Total interest income 221,343 168,546
INTEREST EXPENSE    
Deposits 40,234 1,673
FHLB advances and other borrowings 7,938 474
Subordinated debentures 4,561 4,560
Total interest expense 52,733 6,707
Net interest income before provision for credit losses 168,610 161,839
Provision for credit losses 3,016 448
Net interest income after provision for credit losses 165,594 161,391
NONINTEREST INCOME    
Loan servicing income 573 419
Earnings on bank owned life insurance 3,374 3,221
Net gain from sales of loans 29 1,494
Net gain from sales of investment securities 138 2,134
Other income 1,261 1,568
Total noninterest income 21,186 25,894
NONINTEREST EXPENSE    
Compensation and benefits 54,293 56,981
Premises and occupancy 11,742 11,952
Data processing 7,265 5,996
Other real estate owned operations, net 108 0
FDIC insurance premiums 2,425 1,396
Legal and professional services 5,501 4,068
Marketing expense 1,838 1,809
Office expense 1,232 1,203
Loan expense 646 1,134
Deposit expense 8,436 3,751
Amortization of intangible assets 3,171 3,592
Other expense 4,695 5,766
Total noninterest expense 101,352 97,648
Net income before income taxes 85,428 89,637
Income tax expense 22,866 22,733
Net income $ 62,562 $ 66,904
EARNINGS PER SHARE    
Basic (in dollars per share) $ 0.66 $ 0.71
Diluted (in dollars per share) $ 0.66 $ 0.70
WEIGHTED AVERAGE SHARES OUTSTANDING    
Basic (in shares) 93,857,812 93,499,695
Diluted (in shares) 94,182,522 93,946,074
Service charges on deposit accounts    
NONINTEREST INCOME    
Noninterest income $ 2,629 $ 2,615
Other service fee income    
NONINTEREST INCOME    
Noninterest income 296 367
Debit card interchange fee income    
NONINTEREST INCOME    
Noninterest income 803 836
Trust custodial account fees    
NONINTEREST INCOME    
Noninterest income 11,025 11,579
Escrow and exchange fees    
NONINTEREST INCOME    
Noninterest income $ 1,058 $ 1,661