v3.25.3
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Interest income        
Loans, including fees $ 204,865 $ 215,433 $ 603,488 $ 629,033
Investment securities        
Taxable 36,421 32,367 107,065 90,958
Tax-exempt 2,195 2,616 6,632 8,412
Total interest on investment securities 38,616 34,983 113,697 99,370
Other earning assets 6,773 6,703 19,388 22,121
Total interest income 250,254 257,119 736,573 750,524
Interest expense        
Deposits 77,766 86,554 231,891 245,651
Short-term borrowings 5,979 9,932 19,917 32,270
Long-term borrowings 6,023 5,073 16,714 14,992
Total interest expense 89,768 101,559 268,522 292,913
Net interest income 160,486 155,560 468,051 457,611
Provision for Credit Losses-loans and leases 8,612 9,930 26,837 39,506
Provision for credit losses-unfunded commitments 453 694 730 (1,279)
Net interest income after provision for credit losses 151,421 144,936 440,484 419,384
Noninterest income        
Service Charges on Deposit Accounts 7,829 7,547 23,058 21,647
Wealth management fees 7,351 6,910 23,275 20,758
Bankcard income 3,589 3,698 10,636 10,740
Client derivative fees 1,876 1,160 5,121 3,173
Foreign exchange income 16,666 12,048 42,970 39,270
Operating Lease, Lease Income 20,997 16,811 60,497 48,228
Net gains from sales of loans 6,835 5,021 17,844 13,284
Net gain (loss) on investment securities (42) (17,468) (9,748) (22,719)
Other 8,424 9,974 19,018 19,333
Total noninterest income 73,525 45,701 192,671 153,714
Noninterest expenses        
Salaries and employee benefits 80,607 74,813 230,762 224,075
Net occupancy 6,003 5,919 17,867 17,635
Furniture and equipment 3,582 3,617 10,836 10,951
Data processing 9,591 8,857 27,370 26,039
Marketing 2,359 2,255 7,114 6,822
Communication 695 851 2,188 2,462
Professional services 2,314 2,303 8,602 7,456
State intangible tax 1,531 876 3,925 2,628
FDIC assessments 2,611 3,036 8,281 8,473
Intangible amortization 2,359 2,395 7,076 7,092
Amortization of operating leases 13,911 11,899 39,868 31,781
Other 8,594 8,906 26,792 26,180
Total noninterest expenses 134,269 125,759 391,016 371,688
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 90,677 64,878 242,139 201,410
Income tax expense 18,754 12,427 48,927 37,465
Net income $ 71,923 $ 52,451 $ 193,212 $ 163,945
Earnings per common share        
Basic $ 0.76 $ 0.56 $ 2.04 $ 1.74
Diluted $ 0.75 $ 0.55 $ 2.02 $ 1.72
Average common shares outstanding - basic 94,889,341 94,473,666 94,799,411 94,377,010
Average common shares outstanding - diluted 95,753,798 95,479,510 95,674,093 95,378,238
Investment Program, Proportional Amortization Method, Elected, Equity Method Investment, Income (Loss) from Tax Credit Investment $ 112 $ 32 $ 335 $ 94