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Consolidated Statements of Earnings - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
INTEREST INCOME:      
Interest and fees on loans $ 296,114 $ 271,638 $ 263,320
Interest on investment securities:      
Taxable 78,924 47,390 51,456
Exempt from federal income tax 54,121 56,638 48,399
Interest on federal funds sold and interest-bearing deposits in banks 3,695 739 953
Total interest income 432,854 376,405 364,128
INTEREST EXPENSE:      
Interest on deposits 26,246 5,705 13,118
Interest on borrowings 5,194 337 1,125
Total interest expense 31,440 6,042 14,243
Net interest income 401,414 370,363 349,885
PROVISION FOR CREDIT LOSSES 17,427 (1,139) 19,517
Net interest income after provisions for credit losses 383,987 371,502 330,368
NONINTEREST INCOME:      
Trust fees 39,995 36,145 29,531
Service charges on deposit accounts 24,540 21,156 20,572
Debit card fees 30,280 35,905 30,298
Credit card fees 2,585 2,373 2,171
Gain on sale and fees on mortgage loans 19,035 33,245 43,872
Net gain on sale of available-for-sale securities 2,144 815 3,633
Net gain on sale of foreclosed assets 1,451 190 159
Net gain on sale of assets 520 210 112
Interest on loan recoveries 2,840 4,039 856
Other 8,275 8,098 8,731
Total noninterest income 131,665 142,176 139,935
NONINTEREST EXPENSE:      
Salaries, commissions and employee benefits 134,133 142,042 135,123
Net occupancy expense 13,307 13,009 12,388
Equipment expense 9,052 9,173 8,396
FDIC insurance premiums 3,711 3,130 1,758
Debit card expense 12,231 11,957 11,215
Professional and service fees 8,770 9,334 9,346
Printing, stationery and supplies 2,114 1,910 2,163
Operational and other losses 3,229 3,293 2,462
Software amortization and expense 9,963 11,120 8,862
Amortization of intangible assets 1,245 1,613 1,990
Other 37,023 35,127 34,235
Total noninterest expense 234,778 241,708 227,938
EARNINGS BEFORE INCOME TAXES 280,874 271,970 242,365
INCOME TAX EXPENSE 46,399 44,408 40,331
NET EARNINGS $ 234,475 $ 227,562 $ 202,034
NET EARNINGS PER SHARE, BASIC $ 1.64 $ 1.60 $ 1.42
NET EARNINGS PER SHARE, DILUTED 1.64 1.59 1.42
DIVIDENDS PER SHARE $ 0.66 $ 0.58 $ 0.51