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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
INTEREST INCOME      
Loans, including fees $ 989,196 $ 694,192 $ 555,008
Interest bearing balances due from banks and federal funds sold 13,490 5,500 2,795
Investment securities 206,918 158,203 111,693
Mortgage loans held for sale 557 720 1,565
Other loans held for sale 0 3,120 0
TOTAL INTEREST INCOME 1,210,161 861,735 671,061
INTEREST EXPENSE      
Deposits 472,919 99,049 41,172
Federal funds purchased and securities sold under agreements to repurchase 1,150 941 579
Other borrowings 60,517 24,934 19,495
Subordinated notes and debentures 25,449 19,495 18,283
TOTAL INTEREST EXPENSE 560,035 144,419 79,529
NET INTEREST INCOME 650,126 717,316 591,532
Provision for credit losses 42,028 14,074 (32,704)
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 608,098 703,242 624,236
NONINTEREST INCOME      
Bank owned life insurance income 11,717 11,146 8,902
(Loss) gain on sale of securities, net (20,609) (278) 15,498
Gain on insurance settlement 0 4,074 0
Other income 35,398 27,361 35,273
TOTAL NONINTEREST INCOME 155,566 170,066 191,815
NONINTEREST EXPENSE      
Salaries and employee benefits 286,117 286,982 246,335
Occupancy expense, net 46,741 44,321 38,797
Furniture and equipment expense 20,741 20,665 19,890
Other real estate and foreclosure expense 892 1,003 2,121
Deposit insurance 29,986 11,608 6,973
Merger related costs 1,420 22,476 15,911
Other operating expenses 177,164 179,693 153,562
TOTAL NONINTEREST EXPENSE 563,061 566,748 483,589
INCOME BEFORE INCOME TAXES 200,603 306,560 332,462
Provision for income taxes 25,546 50,148 61,306
NET INCOME 175,057 256,412 271,156
Preferred stock dividends 0 0 47
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS $ 175,057 $ 256,412 $ 271,109
BASIC EARNINGS PER SHARE (in dollars per share) $ 1.39 $ 2.07 $ 2.47
DILUTED EARNINGS PER SHARE (in dollars per share) $ 1.38 $ 2.06 $ 2.46
Service charges on deposit accounts      
NONINTEREST INCOME      
Non-interest income $ 50,530 $ 46,527 $ 43,231
Debit and credit card fees      
NONINTEREST INCOME      
Non-interest income 31,472 31,203 28,245
Wealth management fees      
NONINTEREST INCOME      
Non-interest income 30,203 31,895 31,172
Mortgage lending income      
NONINTEREST INCOME      
Non-interest income 7,733 10,522 21,798
Other service charges and fees      
NONINTEREST INCOME      
Non-interest income $ 9,122 $ 7,616 $ 7,696