v3.26.1
Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Interest and dividend income        
Interest and fees on loans $ 121,857 $ 121,239 $ 236,018 $ 238,314
Investment securities-taxable 9,039 7,692 17,815 15,768
Investment securities-nontaxable 1,517 1,425 3,003 2,393
Interest and dividend income on assets held in other financial institutions 3,310 4,281 10,183 10,705
Total interest and dividend income 135,723 134,637 267,019 267,180
Interest expense        
Interest-bearing deposits 42,001 50,152 85,703 101,931
FHLB advances and other borrowings 1,283 1,216 1,394 1,312
Subordinated indebtedness 239 1,133 478 3,342
Total interest expense 43,523 52,501 87,575 106,585
Net interest income 92,200 82,136 179,444 160,595
Provision for credit losses 65 2,862 5,030 6,306
Net interest income after provision for credit losses 92,135 79,274 174,414 154,289
Noninterest income        
Other fee income 2,321 2,809 4,616 5,110
Mortgage banking revenue 848 1,369 1,411 2,284
Swap fee income 32 1,435 86 1,968
Gain (loss) on sales of securities, net 1 (14,448) 1 (14,448)
Equity method investment loss (612) (1,909) (2,129) (3,601)
Other income 586 524 1,438 1,426
Total noninterest income 15,393 1,368 32,188 16,970
Noninterest expense        
Salaries and employee benefits 40,374 38,280 78,771 76,011
Occupancy and equipment, net 7,201 7,187 14,185 15,731
Data processing 3,738 3,432 7,788 6,389
Office and operations 3,174 3,337 6,111 6,309
Professional services 1,809 1,285 4,458 2,535
Intangible asset amortization 1,484 1,768 2,969 3,529
Electronic banking 935 1,359 2,377 2,713
Advertising and marketing 1,650 1,158 3,010 2,291
Regulatory assessments 1,364 1,345 2,699 2,737
Loan-related expense 1,045 669 1,940 1,268
Other expense 1,638 2,163 3,901 4,538
Total noninterest expense 64,412 61,983 128,209 124,051
Income before income tax expense 43,116 18,659 78,393 47,208
Income tax expense 9,270 4,012 16,854 10,150
Net income $ 33,846 $ 14,647 $ 61,539 $ 37,058
Basic earnings per common share (in dollars per share) $ 1.10 $ 0.47 $ 1.99 $ 1.19
Diluted earnings per common share (in dollars per share) $ 1.09 $ 0.47 $ 1.97 $ 1.18
Insurance commission and fee income        
Noninterest income        
Revenue from contracts with customers $ 6,883 $ 6,661 $ 16,480 $ 14,588
Service charges and fees        
Noninterest income        
Revenue from contracts with customers $ 5,334 $ 4,927 $ 10,285 $ 9,643