v3.25.4
Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Interest and fee income on loans:      
Taxable $ 407,520 $ 404,040 $ 366,523
Tax exempt 17,939 17,919 19,114
Interest and dividend income on securities:      
Taxable 17,430 18,454 17,014
Tax exempt 32 14 18
Other interest income 24,848 19,113 11,015
Total interest income 467,769 459,540 413,684
Interest expense:      
Interest expense on deposits 145,338 150,651 101,355
Interest expense on securities sold under agreements to repurchase 150 188 225
Interest expense on other borrowed funds 4,890 11,791 18,673
Total interest expense 150,378 162,630 120,253
Net interest income 317,391 296,910 293,431
Provision for credit losses 24,600 27,550 18,247
Net interest income after credit loss expense 292,791 269,360 275,184
Noninterest income:      
Deposit account service fees 8,321 9,495 9,940
Treasury management service fees 17,473 14,829 11,724
Credit and debit card fees 10,729 11,153 11,681
Trust and investment advisory fees 5,945 5,787 5,693
Mortgage banking services, net 47,072 39,014 31,384
Other noninterest income 12,339 9,514 8,670
Total noninterest income 101,879 89,792 79,092
Noninterest expense:      
Salary and employee benefits 171,824 154,985 133,231
Occupancy, equipment and software 38,244 36,282 33,426
Amortization and impairment of intangible assets 2,412 3,549 4,822
Merger related expenses 2,743 13,178 0
Other noninterest expenses 56,551 56,046 51,314
Total noninterest expense 271,774 264,040 222,793
Income before income taxes 122,896 95,112 131,483
Provision for income taxes 24,960 19,484 27,950
Net income 97,936 75,628 103,533
Other comprehensive income:      
Net unrealized gain on securities available-for-sale 11,762 3,895 976
Other comprehensive income 11,762 3,895 976
Comprehensive income 109,698 79,523 104,509
Earnings per share:      
Net income available to common stockholders, basic (in shares) 97,936 75,628 103,533
Net income available to common stockholders, diluted (in shares) $ 97,936 $ 75,628 $ 103,533
Basic (in dollars per share) $ 3.52 $ 2.76 $ 4.15
Diluted (in dollars per share) $ 3.47 $ 2.69 $ 4.08