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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest Income      
Loans $ 495,829 $ 415,770 $ 426,003
Taxable securities 133,084 107,594 81,578
Tax-exempt securities 14,820 11,746 9,567
Deposits in banks 2,748 955 661
Total interest income 646,481 536,065 517,809
Interest Expense      
Deposits 16,533 6,186 9,367
FHLB advances and FRB borrowings 4,659 291 6,264
Subordinated debentures 807 1,932 1,871
Other borrowings 1,646 137 196
Total interest expense 23,645 8,546 17,698
Net Interest Income 622,836 527,519 500,111
Provision for credit losses 1,950 4,800 77,700
Net interest income after provision for credit losses 620,886 522,719 422,411
Noninterest Income      
Deposit account and treasury management fees 31,498 27,107 27,019
Card revenue 20,186 18,503 13,928
Financial services and trust revenue 17,659 15,753 12,830
Loan revenue 12,582 22,044 24,802
Bank owned life insurance 7,636 6,533 6,418
Investment securities gains (losses), net (9) 314 16,710
Other 9,592 3,840 2,793
Total noninterest income 99,144 94,094 104,500
Noninterest Expense      
Compensation and employee benefits 241,139 224,034 209,722
Occupancy 41,150 37,815 36,013
Data processing and software 41,117 33,498 29,449
Legal and professional fees 20,578 18,910 12,158
Amortization of intangibles 8,698 7,987 8,724
Business and Occupation taxes 6,797 5,903 4,970
Advertising and promotion 3,962 3,383 4,466
Regulatory premiums 6,619 4,912 2,956
Net cost (benefit) of operation of OREO 114 66 (315)
Other 32,209 23,796 26,376
Total noninterest expense 402,383 360,304 334,519
Income before income taxes 317,647 256,509 192,392
Income tax provision 67,469 53,689 38,148
Net Income $ 250,178 $ 202,820 $ 154,244
Per Common Share      
Basic earnings per common share $ 3.20 $ 2.79 $ 2.17
Diluted earnings per common share $ 3.20 $ 2.78 $ 2.17
Weighted average number of common shares outstanding 78,047 72,683 70,835
Weighted average number of diluted common shares outstanding 78,193 72,873 70,880