v3.26.1
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
INTEREST INCOME:        
Loans, including fees $ 369,574 $ 325,490 $ 731,330 $ 644,513
Securities 81,200 57,836 151,731 115,722
Federal funds sold and other earning assets 8,719 9,438 18,207 25,334
Total interest income 459,493 392,764 901,268 785,569
INTEREST EXPENSE:        
Deposits 107,084 93,790 211,321 189,387
Other borrowings 20,094 30,101 34,877 60,593
Securities sold under repurchase agreements 1,019 1,151 1,921 2,485
Subordinated notes and junior subordinated debentures 746   1,449  
Total interest expense 128,943 125,042 249,568 252,465
NET INTEREST INCOME 330,550 267,722 651,700 533,104
PROVISION FOR CREDIT LOSSES 0 0 0 0
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 330,550 267,722 651,700 533,104
NONINTEREST INCOME:        
Nonsufficient funds (NSF) fees 11,349 8,885 22,216 18,032
Credit card, debit card and ATM card income 10,303 9,761 19,786 18,500
Service charges on deposit accounts 9,235 7,645 17,915 15,053
Trust income 4,943 3,859 9,865 7,460
Mortgage income 1,363 965 2,643 1,974
Brokerage income 1,478 1,225 3,046 2,487
Net (loss) gain on sale or write-down of assets (42) 1,414 276 1,179
Net gain on sale or write-up of securities 8,235   8,235  
Other 13,841 9,228 23,197 19,598
Total noninterest income 60,705 42,982 107,179 84,283
NONINTEREST EXPENSE:        
Salaries and employee benefits 110,965 87,296 220,176 176,772
Net occupancy and equipment 10,685 9,168 21,339 18,314
Credit and debit card, data processing and software amortization 16,121 12,056 34,235 23,478
Regulatory assessments and FDIC insurance 5,287 5,508 11,328 11,297
Core deposit intangibles amortization 5,661 3,610 10,920 7,251
Depreciation 5,795 4,779 11,343 9,553
Communications 4,271 3,507 8,105 6,980
Net other real estate expense 309 (18) 609 92
Merger related expenses 755   43,271  
Other 16,327 12,659 32,137 25,129
Total noninterest expense 176,176 138,565 393,463 278,866
INCOME BEFORE INCOME TAXES 215,079 172,139 365,416 338,521
PROVISION FOR INCOME TAXES 46,496 36,984 80,566 73,141
NET INCOME $ 168,583 $ 135,155 $ 284,850 $ 265,380
EARNINGS PER SHARE:        
Per Share Amount, Basic $ 1.67 $ 1.42 $ 2.84 $ 2.79
Per Share Amount, Diluted $ 1.67 $ 1.42 $ 2.84 $ 2.79