v3.26.3
CONSOLIDATED CONDENSED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Loans:        
Taxable $ 230,072 $ 200,406 $ 670,230 $ 583,307
Tax exempt 11,379 11,173 34,791 32,510
Investment securities:        
Taxable 7,331 8,288 22,233 24,926
Tax exempt 12,279 12,460 37,334 37,493
Deposits with financial institutions 1,308 1,676 3,699 5,940
Federal Home Loan Bank stock 1,578 1,092 5,068 3,172
Total Interest Income 263,947 235,095 773,355 687,348
INTEREST EXPENSE        
Deposits 91,313 90,821 261,660 255,609
Federal funds purchased 225 224 1,532 2,001
Securities sold under repurchase agreements 378 654 1,129 2,059
Federal Home Loan Bank advances 9,537 8,638 33,775 27,716
Subordinated notes, debentures and other borrowings 1,426 1,093 3,947 3,014
Total Interest Expense 102,879 101,430 302,043 290,399
NET INTEREST INCOME 161,068 133,665 471,312 396,949
Provision for credit losses 3,300 4,300 41,200 14,100
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 157,768 129,365 430,112 382,849
NONINTEREST INCOME        
Net gains and fees on sales of loans 7,428 4,983 21,681 15,854
Earnings on bank-owned life insurance 2,353 1,667 8,124 5,759
Net realized losses on sales of available for sale securities 0 0 0 (8)
Net loss on mortgage loans reclassified to held for sale 0 0 (29,755) 0
Other income 1,391 1,546 2,358 2,320
Total Noninterest Income 38,005 32,477 80,990 93,828
NONINTEREST EXPENSE        
Salaries and employee benefits 66,339 57,317 201,556 166,826
Net occupancy 8,807 7,057 25,335 21,118
Equipment 8,061 6,998 24,482 20,933
Marketing 3,630 2,120 7,601 5,470
Outside data processing fees 7,883 6,943 23,118 19,979
Printing and office supplies 481 311 1,349 930
Intangible asset amortization 2,652 1,499 7,660 4,530
FDIC assessments 4,381 3,526 12,664 10,726
Other real estate owned and foreclosure expenses 1,594 121 3,746 750
Professional and other outside services 4,665 3,718 24,237 10,720
Other expenses 7,761 6,951 24,998 21,079
Total Noninterest Expense 116,254 96,561 356,746 283,061
Income Before Income Taxes 79,519 65,281 154,356 193,616
Income tax expense 11,204 8,516 13,905 24,680
NET INCOME 68,315 56,765 140,451 168,936
Preferred stock dividends 468 468 1,406 1,406
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS $ 67,847 $ 56,297 $ 139,045 $ 167,530
Per Share Data:        
Basic Net Income Available to Common Stockholders (in dollars per share) $ 1.09 $ 0.98 $ 2.25 $ 2.91
Diluted Net Income Available to Common Stockholders (in dollars per share) 1.09 0.98 2.24 2.90
Cash Dividends Paid (in dollars per share) $ 0.37 $ 0.36 $ 1.10 $ 1.07
Average Diluted Common Shares Outstanding (in shares) 62,410,640 57,447,801 62,003,042 57,817,391
Service charges on deposit accounts        
NONINTEREST INCOME        
Other income $ 9,775 $ 8,921 $ 28,184 $ 25,559
Fiduciary and wealth management fees        
NONINTEREST INCOME        
Other income 9,786 8,842 29,192 26,317
Card payment fees        
NONINTEREST INCOME        
Other income 5,606 5,007 16,386 14,465
Derivative hedge fees        
NONINTEREST INCOME        
Other income 1,082 1,097 2,763 2,332
Other customer fees        
NONINTEREST INCOME        
Other income $ 584 $ 414 $ 2,057 $ 1,230