Financials

Income Statement

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2025 Q YTD2024 Y2023 Y2022 Y2021 Y
Interest Income
Interest and fees on loans123,505241,521212,693146,538136,676
Interest and dividends on investment securities
Taxable29,29254,13248,33534,44523,071
Tax-exempt1,4363,2813,8544,9115,027
Interest on deposits in depository institutions3,4467,4956,3823,794693
Total Interest Income157,679306,429271,264189,688165,467
Interest Expense
Interest on deposits33,34464,52937,2877,4449,405
Interest on short-term borrowings6,47615,50012,0272,211489
Interest on FHLB long-term advances3,1206,1632,70900
Total Interest Expense42,94086,19252,0239,6559,894
Net Interest Income114,739220,237219,241180,033155,573
Provision for credit losses-2,0001,8203,243474-3,165
Net Interest Income After Provision for Credit Losses116,739218,417215,998179,559158,738
Non-Interest Income
(Losses) gains on sale of investment securities, net150-2,825-4,9084312
Unrealized gains recognized on equity securities still held, net-268175432-1,585504
Service charges14,41529,22527,75128,33525,539
Bankcard revenue14,04028,50027,96027,34926,987
Trust and investment management fee income5,91811,2559,5638,7988,415
Bank owned life insurance2,0953,9926,0375,5593,895
Sale of VISA sharesN/AN/AN/A00
Other income1,6233,0123,7943,6173,989
Total Non-Interest Income37,97373,33470,62972,07769,641
Non-Interest Expense
Salaries and employee benefits39,18976,36373,16366,53661,850
Occupancy related expense4,8989,61511,31810,71810,083
Equipment and software related expense7,02413,17311,62911,79110,486
FDIC insurance expense1,5322,8922,9221,6731,583
Advertising1,8373,8213,1123,4053,091
Bankcard expenses4,4188,5097,4476,0326,455
Postage, delivery, and statement mailingsN/A2,7302,5262,3622,323
Office suppliesN/A1,8091,9451,7441,547
Legal and professional fees1,2332,1622,0352,1942,279
TelecommunicationsN/A2,3122,4112,6162,858
Repossessed asset losses, net of expenses2262462859-57
Merger related expensesN/A05,1502680
Other expenses11,68815,92619,83514,90414,687
Total Non-Interest Expense76,634147,235143,521124,302117,185
Income Before Income Taxes78,078144,516143,106127,334111,194
Income tax expense14,34927,41528,74125,26323,114
Net Income Available to Common Shareholders63,729117,101114,365102,07188,080
Average shares outstanding, basic14,54114,67614,86814,84715,381
Effect of dilutive securitiesN/A21232626
Average shares outstanding, diluted14,55114,69714,89114,87315,407
Basic earnings per common share4.357.917.626.815.67
Diluted earnings per common share4.357.897.616.805.66
Consolidated Statements of Comprehensive Income (Loss)
Net income available to common shareholders 63,729117,101114,365102,07188,080
Available-for-Sale Securities
Unrealized gains (losses) on available-for-sale securities arising during the period26,553-11,09221,442-192,359-24,857
Reclassification adjustment for net losses (gains)-1502,8254,908-4-312
Reclassification of unrealized gain on held-to-maturity securities to available-for-saleN/AN/AN/A00
Other comprehensive income (loss) related to available-for-sale securities26,403-8,26726,350-192,363-25,169
Other comprehensive income (loss) before income taxesN/A-6,76727,471-192,280-22,321
Tax effect-6,1821,587-6,52246,5325,348
Other comprehensive income (loss), net of tax20,221-5,18020,949-145,748-16,973
Defined Benefit Pension Plan
Net gain (loss) arising during periodN/A1,128777-6971,726
Reclassification adjustment for amortization of actuarial net gains in net periodic pension costN/A3723447801,122
Change in underfunded pension liabilityN/A1,5001,121832,848
Comprehensive Income (Loss), Net of Tax83,950111,921135,314-43,67771,107

Data shown on this page is for convenience only, extracted from SEC filings.
For access to the original filings, please click the headers to be taken directly to the filing at the SEC website.