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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
INTEREST INCOME:        
Loans, including fees $ 337,451 $ 308,678 $ 980,107 $ 842,434
Securities 59,617 69,987 188,466 215,225
Federal funds sold and other earning assets 20,835 1,689 44,195 10,452
Total interest income 417,903 380,354 1,212,768 1,068,111
INTEREST EXPENSE:        
Deposits 107,758 76,069 306,574 187,376
Other borrowings 46,792 62,190 142,020 153,937
Securities sold under repurchase agreements 1,662 2,533 5,453 7,310
Subordinated debentures   38   38
Total interest expense 156,212 140,830 454,047 348,661
NET INTEREST INCOME 261,691 239,524 758,721 719,450
PROVISION FOR CREDIT LOSSES 0 0 9,066 18,540
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 261,691 239,524 749,655 700,910
NONINTEREST INCOME:        
Nonsufficient funds (NSF) fees 9,016 8,719 25,457 25,326
Credit card, debit card and ATM card income 9,620 9,285 27,865 27,157
Service charges on deposit accounts 6,664 6,262 19,506 18,266
Trust income 3,479 3,326 11,236 9,909
Mortgage income 962 857 2,317 1,756
Brokerage income 1,258 1,067 3,679 3,216
Net gain (loss) on sale or write-down of assets 3,178 (45) 2,240 2,070
Net gain on sale or write-up of securities 224   11,245  
Other 6,698 9,272 22,427 28,997
Total noninterest income 41,099 38,743 125,972 116,697
NONINTEREST EXPENSE:        
Salaries and employee benefits 88,367 85,423 263,722 247,944
Net occupancy and equipment 9,291 9,464 26,829 26,424
Credit and debit card, data processing and software amortization 11,985 10,919 34,958 30,829
Regulatory assessments and FDIC insurance 5,726 5,155 21,581 15,225
Core deposit intangibles amortization 4,146 3,576 11,539 9,117
Depreciation 4,741 4,585 14,263 13,676
Communications 3,360 3,686 10,247 10,841
Net other real estate income (85) (581) 64 (1,033)
Merger related expenses 63 1,104 4,444 14,855
Other 12,744 12,326 41,381 36,649
Total noninterest expense 140,338 135,657 429,028 404,527
INCOME BEFORE INCOME TAXES 162,452 142,610 446,599 413,080
PROVISION FOR INCOME TAXES 35,170 30,402 97,289 89,240
NET INCOME $ 127,282 $ 112,208 $ 349,310 $ 323,840
EARNINGS PER SHARE:        
Basic $ 1.34 $ 1.2 $ 3.68 $ 3.5
Diluted $ 1.34 $ 1.2 $ 3.68 $ 3.5