v3.26.1
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ 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 $ 338,931 $ 338,413 $ 670,286 $ 669,901
Loans held for sale 745 399 1,111 740
Securities-taxable 65,169 54,046 127,294 105,945
Securities-tax exempt 3,286 4,007 6,996 8,225
Short-term investments 4,756 5,716 8,582 13,091
Total interest income 412,887 402,581 814,269 797,902
Interest expense:        
Deposits 102,565 117,766 207,011 238,273
Short-term borrowings 14,504 4,865 23,393 6,710
Long-term debt 2,806 2,991 5,688 6,055
Total interest expense 119,875 125,622 236,092 251,038
Net interest income 293,012 276,959 578,177 546,864
Provision for credit losses 13,775 14,925 26,947 25,387
Net interest income after provision for credit losses 279,237 262,034 551,230 521,477
Noninterest income:        
Securities transactions, net     (98,595)  
Other income 14,541 14,761 31,915 31,814
Total noninterest income 108,350 98,524 115,832 193,315
Noninterest expense:        
Compensation expense 105,579 95,875 204,367 184,827
Employee benefits 24,612 20,637 52,972 46,032
Personnel expense 130,191 116,512 257,339 230,859
Net occupancy expense 13,857 13,825 26,986 27,405
Equipment expense 4,410 4,541 8,567 8,632
Data processing expense 31,701 33,448 64,497 64,698
Professional services expense 14,538 16,371 28,138 28,606
Amortization of intangible assets 2,222 2,524 4,770 4,637
Deposit insurance and regulatory fees 5,019 4,822 10,007 9,848
Other real estate and foreclosed assets expense, net 214 1,181 655 2,961
Other expense 23,284 22,755 45,225 43,392
Total noninterest expense 225,436 215,979 446,184 421,038
Income before income taxes 162,151 144,579 220,878 293,754
Income taxes expense 35,190 31,048 46,495 60,719
Net income $ 126,961 $ 113,531 $ 174,383 $ 233,035
Earnings per common share-basic $ 1.56 $ 1.32 $ 2.14 $ 2.70
Earnings per common share-diluted 1.55 1.32 2.12 2.69
Dividends paid per share $ 0.50 $ 0.45 $ 1.00 $ 0.90
Weighted average shares outstanding-basic 80,934 85,577 81,302 85,833
Weighted average shares outstanding-diluted 81,485 85,943 81,868 86,203
Service charges on deposit accounts        
Noninterest income:        
Service charges on deposit accounts $ 25,897 $ 24,256 $ 51,799 $ 48,375
Trust fees        
Noninterest income:        
Service charges on deposit accounts 26,049 22,753 50,623 40,775
Bank card and ATM fees        
Noninterest income:        
Service charges on deposit accounts 23,181 22,004 45,307 42,718
Investment and annuity fees and insurance commissions        
Noninterest income:        
Service charges on deposit accounts 14,617 10,603 27,189 22,018
Secondary mortgage market operations        
Noninterest income:        
Service charges on deposit accounts $ 4,065 $ 4,147 $ 7,594 $ 7,615