v3.26.3
Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
INTEREST AND DIVIDEND INCOME        
Loans, including fees $ 298,089 $ 295,482 $ 866,993 $ 803,994
Interest and dividends on securities:        
Taxable 33,223 31,483 96,749 84,797
Tax-exempt 4,841 4,692 14,498 13,837
Total interest and dividends on securities 38,064 36,175 111,247 98,634
Other interest income 8,395 11,229 24,982 29,872
Total interest and dividend income 344,548 342,886 1,003,222 932,500
INTEREST EXPENSE        
Interest bearing demand deposits 31,134 31,351 91,070 91,132
Money market deposits 35,873 38,249 101,676 95,672
Savings deposits 11,350 9,577 32,497 25,606
Certificates of deposit 19,683 23,554 62,863 63,553
Total interest expense on deposits 98,040 102,731 288,106 275,963
Federal Home Loan Bank borrowings 15,103 17,337 36,808 47,056
Other short-term borrowings 555 766 1,719 2,703
Subordinated debt and junior subordinated debt 3,973 5,336 12,150 14,774
Total interest expense 117,671 126,170 338,783 340,496
NET INTEREST INCOME 226,877 216,716 664,439 592,004
Provision for credit losses 8,661 2,082 16,949 74,183
Net interest income after provision for credit losses 218,216 214,634 647,490 517,821
NON-INTEREST INCOME        
Trust fees 9,666 8,987 29,938 27,342
Service charges on deposits 12,263 11,163 34,769 30,233
Digital banking income 7,476 7,324 21,485 20,053
Net swap fee and valuation income 4,857 3,231 9,054 4,937
Net securities brokerage revenue 3,267 2,961 10,408 9,010
Bank-owned life insurance 4,311 3,765 12,439 10,643
Mortgage banking income 123 1,898 2,096 5,402
Net securities (losses) gains (151) 1,210 1,480 2,302
Net gains on other real estate owned and other assets 194 329 2,776 400
Other income 3,860 3,996 16,883 13,164
Total non-interest income 45,866 44,864 141,328 123,486
NON-INTEREST EXPENSE        
Salaries and wages 69,079 60,583 199,444 169,314
Employee benefits 14,853 18,040 51,613 49,867
Net occupancy 7,927 8,819 24,320 24,716
Equipment and software 15,613 16,310 46,930 46,500
Marketing 4,965 2,979 8,763 7,225
FDIC insurance 4,631 5,820 13,582 15,487
Amortization of intangible assets 7,122 8,425 21,423 21,853
Restructuring and merger-related expense 730 11,383 5,446 72,449
Other operating expenses 25,947 23,829 75,135 69,278
Total non-interest expense 150,867 156,188 446,656 476,689
Income before provision for income taxes 113,215 103,310 342,162 164,618
Provision for income taxes 23,710 19,737 71,345 32,623
Net income 89,505 83,573 270,817 131,995
Preferred stock dividends 4,240 2,531 12,721 7,594
Net income available to common shareholders $ 85,265 $ 81,042 $ 258,096 $ 124,401
EARNINGS PER COMMON SHARE        
Basic $ 0.89 $ 0.84 $ 2.69 $ 1.39
Diluted $ 0.88 $ 0.84 $ 2.67 $ 1.39
AVERAGE COMMON SHARES OUTSTANDING        
Basic 95,950,360 95,995,174 96,027,044 89,593,739
Diluted 96,632,946 96,116,617 96,548,165 89,718,706
DIVIDENDS DECLARED PER COMMON SHARE $ 0.38 $ 0.37 $ 1.14 $ 1.11