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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
INTEREST INCOME      
Loans $ 717,615 $ 673,720 $ 622,033
Investment securities and other interest-earning assets 170,370 94,858 74,706
Total interest income 887,985 768,578 696,739
INTEREST EXPENSE      
Deposits 217,447 40,093 11,817
FHLB advances and other borrowings 27,255 13,131 99
Subordinated debentures 18,244 18,242 22,449
Total interest expense 262,946 71,466 34,365
Net interest income before provision for credit losses 625,039 697,112 662,374
Provision for credit losses 10,129 4,832 (70,876)
Net interest income after provision for credit losses 614,910 692,280 733,250
NONINTEREST INCOME      
Loan servicing income 1,958 1,664 2,121
Earnings on bank owned life insurance 14,118 13,159 11,299
Net gain from sales of loans 415 3,238 4,428
Net (loss) gain from sales of investment securities (253,927) 1,710 16,906
Other income 5,077 5,369 13,360
Total noninterest (loss) income (173,918) 88,748 107,850
NONINTEREST EXPENSE      
Compensation and benefits 213,692 225,245 215,690
Premises and occupancy 45,922 47,433 48,234
Data processing 29,679 26,649 23,770
Other real estate owned operations, net 215 0 0
FDIC insurance premiums 11,373 5,772 5,274
Legal and professional services 19,123 17,947 18,554
Marketing expense 7,080 7,632 6,917
Office expense 4,958 5,103 5,957
Loan expense 2,126 3,810 4,469
Deposit expense 39,593 19,448 15,654
Merger-related expense 0 0 5
Amortization of intangible assets 12,303 13,983 15,936
Other expense 20,887 23,648 19,817
Total noninterest expense 406,951 396,670 380,277
Net income before income taxes 34,041 384,358 460,823
Income tax expense 3,189 100,615 120,934
Net income $ 30,852 $ 283,743 $ 339,889
EARNINGS PER SHARE      
Basic (in dollars per share) $ 0.31 $ 2.99 $ 3.60
Diluted (in dollars per share) $ 0.31 $ 2.98 $ 3.58
WEIGHTED AVERAGE SHARES OUTSTANDING      
Basic (in shares) 94,113,132 93,718,293 93,532,109
Diluted (in shares) 94,236,875 94,091,461 94,012,137
Service charges on deposit accounts      
NONINTEREST INCOME      
Noninterest income $ 10,620 $ 10,698 $ 9,219
Other service fee income      
NONINTEREST INCOME      
Noninterest income 1,213 1,351 1,566
Debit card interchange fee income      
NONINTEREST INCOME      
Noninterest income 3,485 3,628 3,489
Trust custodial account fees      
NONINTEREST INCOME      
Noninterest income 39,129 41,606 38,176
Escrow and exchange fees      
NONINTEREST INCOME      
Noninterest income $ 3,994 $ 6,325 $ 7,286