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 income:        
Interest and fees on loans $ 157,530 $ 146,534 $ 311,908 $ 289,438
Interest and dividends on taxable investments 23,932 23,581 46,819 45,550
Interest and dividends on nontaxable investments 2,890 2,763 5,612 5,537
Total interest income 184,352 172,878 364,339 340,525
Interest expense:        
Interest on deposits 39,382 40,637 78,755 79,924
Interest on borrowings 5,826 7,493 11,728 15,641
Total interest expense 45,208 48,130 90,483 95,565
Net interest income 139,144 124,748 273,856 244,960
Provision for credit losses 4,607 4,117 10,243 10,807
Net interest income after provision for credit losses 134,537 120,631 263,613 234,153
Noninterest revenues:        
Deposit service fees 15,493 14,519 31,410 28,826
Mortgage banking 1,191 972 2,291 1,970
Other banking services 4,605 4,567 9,399 8,368
Employee benefit services 34,877 32,380 69,449 65,002
Insurance services 13,195 13,388 25,781 27,589
Wealth management services 10,403 8,683 20,735 18,545
Net (loss) gain recognized on equity securities 4,710 (1) 4,309 244
Loss from equity method investments (463) 0 (789) 0
Total noninterest revenues 84,011 74,508 162,585 150,544
Noninterest expenses:        
Salaries and employee benefits 82,431 79,021 162,753 155,463
Data processing and communications 19,686 16,699 37,557 32,821
Occupancy and equipment 13,885 11,486 28,767 24,184
Business development and marketing 2,556 4,001 5,091 7,131
Legal and professional fees 4,314 4,368 9,384 9,217
Amortization of intangible assets 4,408 3,369 8,654 6,851
Other expenses 10,453 10,158 18,563 18,725
Total noninterest expenses 137,733 129,102 270,769 254,392
Income before income taxes 80,815 66,037 155,429 130,305
Income taxes 19,481 14,706 36,877 29,360
Net income $ 61,334 $ 51,331 $ 118,552 $ 100,945
Basic earnings per share (in dollars per shares) $ 1.16 $ 0.97 $ 2.25 $ 1.91
Diluted earnings per share (in dollars per shares) $ 1.16 $ 0.97 $ 2.24 $ 1.9