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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
INTEREST INCOME    
Loans, including fees $ 132,126 $ 104,396
Securities:    
Taxable 9,181 8,991
Tax-exempt 20 7
Federal funds sold 19 32
Interest-bearing deposits with banks 30,297 32,020
Total interest income 171,643 145,446
INTEREST EXPENSE    
Deposits 64,413 35,177
Short-term borrowings 96 83
Subordinated debt 1,030 1,030
Total interest expense 65,539 36,290
Net interest income 106,104 109,156
Provision for credit losses 4,015 2,322
Net interest income after provision for credit losses 102,089 106,834
NONINTEREST INCOME    
Securities transactions (267) (213)
Sales of loans 491 604
Insurance commissions 9,455 8,741
Cash management 8,651 6,734
(Loss)/gain on sale of other assets (59) 479
Other 5,113 6,030
Total noninterest income 44,900 47,828
NONINTEREST EXPENSE    
Salaries and employee benefits 51,528 49,252
Occupancy, net 5,206 4,983
Depreciation 4,556 4,643
Amortization of intangible assets 886 880
Data processing services 2,616 2,107
Net expense from other real estate owned 2,202 2,459
Marketing and business promotion 2,256 2,527
Deposit insurance 1,438 1,613
Other 12,091 11,853
Total noninterest expense 82,779 80,317
Income before taxes 64,210 74,345
Income tax expense 13,876 16,812
Net income $ 50,334 $ 57,533
NET INCOME PER COMMON SHARE    
Basic $ 1.53 $ 1.75
Diluted $ 1.5 $ 1.72
OTHER COMPREHENSIVE (LOSS)/GAIN    
Unrealized (losses)/gains on debt securities, net of tax benefit/(expense) of $728 and $(4,504), respectively $ (2,304) $ 14,649
Other comprehensive (loss)/gain, net of tax benefit/(expense) of $728 and $(4,504), respectively (2,304) 14,649
Comprehensive income 48,030 72,182
Trust Revenue [Member]    
NONINTEREST INCOME    
Revenue 5,088 4,222
Service Charges on Deposits [Member]    
NONINTEREST INCOME    
Revenue $ 16,428 $ 21,231