v3.26.1
Consolidated Statements of Income and Comprehensive 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        
Interest and fees on loans $ 326,705 $ 315,893 $ 644,588 $ 620,061
Interest on taxable securities 30,217 20,696 55,691 39,188
Interest on nontaxable securities 383 334 757 663
Interest on deposits in other banks 8,270 10,715 16,310 21,504
Total interest income 365,575 347,638 717,346 681,416
Interest expense        
Interest on deposits 98,995 106,796 195,222 212,011
Interest on other borrowings 14,096 9,029 25,204 15,753
Total interest expense 113,091 115,825 220,426 227,764
Net interest income 252,484 231,813 496,920 453,652
Provision for loan losses 15,894 3,110 33,789 19,629
Provision for unfunded commitments 1,360 (335) 22 5,038
Provision for other credit losses (1) (3) (7) (3)
Provision for credit losses 17,253 2,772 33,804 24,664
Net interest income after provision for credit losses 235,231 229,041 463,116 428,988
Noninterest income        
Service charges on deposit accounts 14,044 13,493 27,723 26,626
Mortgage banking activity 32,526 39,221 69,534 74,475
Other service charges, commissions and fees 1,065 1,158 2,092 2,267
Net gain on securities 7,392 0 7,392 40
Equipment finance activity 8,948 6,572 18,034 13,270
Other noninterest income 9,557 8,467 18,677 16,256
Total noninterest income 73,532 68,911 143,452 132,934
Noninterest expense        
Salaries and employee benefits 91,494 89,308 182,860 175,923
Occupancy and equipment 12,555 11,401 24,180 22,078
Advertising and marketing 3,452 3,745 6,748 6,628
Amortization of intangible assets 3,114 4,076 6,507 8,179
Data processing and communications expenses 15,571 15,366 32,364 30,221
Legal and other professional fees 6,866 4,380 11,898 8,082
Credit resolution-related expenses 798 657 1,307 1,422
FDIC insurance 3,287 2,749 6,224 5,988
Loan servicing expense 7,205 7,897 14,585 15,720
Litigation accrual 82,530 121 82,625 1,191
Other noninterest expenses 15,842 15,560 30,496 30,862
Total noninterest expense 242,714 155,260 399,794 306,294
Income before income tax expense 66,049 142,692 206,774 255,628
Income tax expense 14,603 32,858 44,836 57,859
Net income 51,446 109,834 161,938 197,769
Other comprehensive income (loss)        
Net unrealized holding gains (losses) arising during period on debt securities available-for-sale, net of tax expense (benefit) of $(4,841), $2,392, $(8,015) and $7,612 (14,985) 7,544 (24,773) 23,233
Reclassification adjustment for gains on debt securities included in earnings, net of tax expense of $15, $0, $15, and $0 (47) 0 (47) 0
Total other comprehensive income (loss) (15,032) 7,544 (24,820) 23,233
Comprehensive income $ 36,414 $ 117,378 $ 137,118 $ 221,002
Basic earnings per common share (in dollars per share) $ 0.77 $ 1.60 $ 2.41 $ 2.88
Diluted earnings per common share (in dollars per share) $ 0.77 $ 1.60 $ 2.40 $ 2.87
Weighted average common shares outstanding        
Basic (in shares) 66,883,935 68,594,608 67,210,376 68,689,506
Diluted (in shares) 67,099,941 68,796,577 67,430,193 68,912,750