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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest income:      
Interest and fees on loans $ 462,121 $ 423,152 $ 393,477
Interest on loans held for sale 738 1,736 1,686
Interest on deposits with banks 2,672 725 446
Interest and dividend income on investment securities:      
Taxable 20,519 16,118 22,136
Tax-advantaged 9,609 8,552 5,814
Interest on federal funds sold 8 1 1
Total interest income 495,667 450,284 423,560
Interest expense:      
Interest on deposits 43,854 15,022 41,651
Interest on retail repurchase agreements and federal funds purchased 2,929 182 1,965
Interest on advances from FHLB 7,825 2,649 6,593
Interest on subordinated debt 14,055 7,913 10,192
Total interest expense 68,663 25,766 60,401
Net interest income 427,004 424,518 363,159
Provision/ (credit) for credit losses 34,372 (45,556) 85,669
Net interest income after provision/ (credit) for credit losses 392,632 470,074 277,490
Non-interest income:      
Investment securities gains/ (losses) (345) 212 467
Gain on disposal of assets 16,516 0 0
Insurance agency commissions 2,927 7,017 6,795
Income from bank owned life insurance 3,141 3,022 2,867
Other income 8,694 15,317 9,221
Total non-interest income 87,019 102,055 102,716
Non-interest expense:      
Salaries and employee benefits 158,504 155,830 134,471
Occupancy expense of premises 19,255 22,405 21,383
Equipment expenses 14,779 12,883 12,224
Marketing 5,197 4,730 4,281
Outside data services 10,199 8,983 8,759
FDIC insurance 4,792 4,294 4,727
Amortization of intangible assets 5,814 6,600 6,221
Merger, acquisition and disposal expense 1,068 45 25,174
Professional fees and services 9,169 10,308 7,939
Other expenses 28,516 34,392 30,603
Total non-interest expense 257,293 260,470 255,782
Income before income tax expense 222,358 311,659 124,424
Income tax expense 56,059 76,552 27,471
Net income $ 166,299 $ 235,107 $ 96,953
Net income per common share amounts:      
Basic net income per common share (in dollars per share) $ 3.69 $ 5.00 $ 2.19
Diluted net income per common share (in dollars per share) 3.68 4.98 2.18
Dividends declared per share (in dollars per share) $ 1.36 $ 1.28 $ 1.20
Service charges on deposit accounts      
Non-interest income:      
Fees and commissions, mortgage banking and servicing $ 9,803 $ 8,241 $ 7,066
Mortgage banking activities      
Non-interest income:      
Fees and commissions, mortgage banking and servicing 6,130 24,509 40,058
Wealth management income      
Non-interest income:      
Fees and commissions, mortgage banking and servicing 35,774 36,841 30,570
Bank card fees      
Non-interest income:      
Fees and commissions, mortgage banking and servicing $ 4,379 $ 6,896 $ 5,672