Income Statement

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2025 Q YTD2024 Y2023 Y2022 Y2021 Y
Interest Income
Interest and fees on loans188,111241,521212,693146,538136,676
Interest and dividends on investment securities
Taxable45,23954,13248,33534,44523,071
Tax-exempt2,1443,2813,8544,9115,027
Interest on deposits in depository institutions4,2757,4956,3823,794693
Total Interest Income239,769306,429271,264189,688165,467
Interest Expense
Interest on deposits49,54564,52937,2877,4449,405
Interest on short-term borrowings9,67215,50012,0272,211489
Interest on FHLB long-term advances4,7066,1632,70900
Total Interest Expense63,92386,19252,0239,6559,894
Net Interest Income175,846220,237219,241180,033155,573
Provision for credit losses-2,5001,8203,243474-3,165
Net Interest Income After Provision for Credit Losses178,346218,417215,998179,559158,738
Non-Interest Income
(Losses) gains on sale of investment securities, net187-2,825-4,9084312
Unrealized gains recognized on equity securities still held, net-172175432-1,585504
Service charges22,26729,22527,75128,33525,539
Bankcard revenue21,36428,50027,96027,34926,987
Trust and investment management fee income8,99311,2559,5638,7988,415
Bank owned life insurance3,0143,9926,0375,5593,895
Sale of VISA sharesN/AN/AN/A00
Other income2,4743,0123,7943,6173,989
Total Non-Interest Income58,12773,33470,62972,07769,641
Non-Interest Expense
Salaries and employee benefits58,96876,36373,16366,53661,850
Occupancy related expense7,2389,61511,31810,71810,083
Equipment and software related expense10,64213,17311,62911,79110,486
FDIC insurance expense2,2932,8922,9221,6731,583
Advertising2,5053,8213,1123,4053,091
Bankcard expenses6,6098,5097,4476,0326,455
Postage, delivery, and statement mailingsN/A2,7302,5262,3622,323
Office suppliesN/A1,8091,9451,7441,547
Legal and professional fees1,7822,1622,0352,1942,279
TelecommunicationsN/A2,3122,4112,6162,858
Repossessed asset losses, net of expenses2632462859-57
Merger related expensesN/A05,1502680
Other expenses17,55615,92619,83514,90414,687
Total Non-Interest Expense114,549147,235143,521124,302117,185
Income Before Income Taxes121,924144,516143,106127,334111,194
Income tax expense23,00727,41528,74125,26323,114
Net Income Available to Common Shareholders98,917117,101114,365102,07188,080
Average shares outstanding, basic14,51214,67614,86814,84715,381
Effect of dilutive securitiesN/A21232626
Average shares outstanding, diluted14,52114,69714,89114,87315,407
Basic earnings per common share6.767.917.626.815.67
Diluted earnings per common share6.757.897.616.805.66
Consolidated Statements of Comprehensive Income (Loss)
Net income available to common shareholders 98,917117,101114,365102,07188,080
Available-for-Sale Securities
Unrealized gains (losses) on available-for-sale securities arising during the period41,314-11,09221,442-192,359-24,857
Reclassification adjustment for net losses (gains)-1872,8254,908-4-312
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 securities41,127-8,26726,350-192,363-25,169
Other comprehensive income (loss) before income taxesN/A-6,76727,471-192,280-22,321
Tax effect-9,6351,587-6,52246,5325,348
Other comprehensive income (loss), net of tax31,492-5,18020,949-145,748-16,973
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 Tax130,409111,921135,314-43,67771,107

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.