v3.25.2
Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Interest income:        
Loans, including fees $ 344,689 $ 343,776 $ 679,297 $ 674,316
Securities:        
Taxable 130,127 99,012 246,383 197,074
Tax-exempt 58,041 54,579 112,648 109,838
Interest-bearing deposits 68,740 97,639 148,235 198,000
Federal funds sold 97 80 137 160
Resell agreements 264 1,199 375 2,397
Total interest income 601,958 596,285 1,187,075 1,181,785
Interest expense:        
Deposits 134,293 159,260 267,461 314,894
Federal funds purchased 281 547 482 991
Repurchase agreements 34,677 36,302 67,096 72,250
Junior subordinated deferrable interest debentures 1,939 2,300 3,884 4,559
Subordinated notes 1,164 1,164 2,328 2,328
Total interest expense 172,354 199,573 341,251 395,022
Net interest income 429,604 396,712 845,824 786,763
Credit loss expense 13,129 15,787 26,199 29,437
Net interest income after credit loss expense 416,475 380,925 819,625 757,326
Non-interest income:        
Trust and investment management fees 43,669 41,404 86,600 80,489
Service charges on deposit accounts 29,151 26,114 57,772 50,909
Insurance commissions and fees 13,879 13,919 34,898 32,215
Interchange and card transaction fees 5,619 5,351 11,021 9,825
Other charges, commissions, and fees 13,967 13,020 27,553 25,080
Net gain (loss) on securities transactions 0 0 (14) 0
Other 10,988 11,382 23,454 24,049
Total non-interest income 117,273 111,190 241,284 222,567
Non-interest expense:        
Salaries and wages 162,149 151,237 323,006 299,237
Employee benefits 32,826 28,802 74,983 64,772
Net occupancy 34,640 32,374 67,917 64,152
Technology, furniture, and equipment 40,572 35,951 80,690 70,946
Deposit insurance 6,590 8,383 13,774 23,107
Other 70,351 60,217 134,824 120,967
Total non-interest expense 347,128 316,964 695,194 643,181
Income before income taxes 186,620 175,151 365,715 336,712
Income taxes 29,617 29,652 57,790 55,523
Net income 157,003 145,499 307,925 281,189
Preferred stock dividends 1,669 1,669 3,338 3,338
Net income available to common shareholders $ 155,334 $ 143,830 $ 304,587 $ 277,851
Earnings per common share:        
Basic $ 2.39 $ 2.21 $ 4.69 $ 4.27
Diluted $ 2.39 $ 2.21 $ 4.69 $ 4.27