Fiscal period | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
Period End Date | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 |
Interest Income:Loans | 2,320.36 | 2,113.62 | 495.83 | 415.77 | 426.00 | 448.04 | 428.20 | 324.23 | 291.47 | 286.17 |
Interest Income:Dividends on Federal Home Loan Bank Stock | 11.96 | 13.10 | -- | -- | -- | -- | -- | -- | -- | -- |
Interest Income:Taxable securities | 305.17 | 276.84 | 133.08 | 107.59 | 81.58 | 69.86 | 55.97 | 38.66 | 35.17 | 30.77 |
Interest Income:Tax-exempt securities | 27.52 | 24.11 | 14.82 | 11.75 | 9.57 | 10.74 | 12.20 | 11.05 | 11.12 | 11.84 |
Interest Income:Securities available for sale | -- | 111.66 | -- | -- | -- | -- | -- | -- | -- | -- |
Interest Income:Securities held to maturity | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Interest Income:Deposits in other banks | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.11 |
Interest Income:Deposits with banks | -- | -- | 2.75 | 0.96 | 0.66 | 1.31 | 0.70 | 0.81 | 0.22 | -- |
Interest Income:Federal funds sold and deposits with banks | 90.23 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Total Interest Income | 2,755.24 | 2,539.33 | 646.48 | 536.07 | 517.81 | 529.95 | 497.07 | 374.75 | 337.97 | 328.89 |
Interest Expense:Deposits | 802.81 | 461.65 | 16.53 | 6.19 | 9.37 | 22.15 | 12.11 | 4.80 | 3.13 | 2.98 |
Subordinated debentures | 38.92 | 37.67 | 0.81 | 1.93 | 1.87 | 1.87 | 1.87 | 0.30 | -- | -- |
Interest Expense:Long-term obligations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Interest Expense:Federal Home Loan Bank advances | -- | -- | 4.66 | 0.29 | 6.26 | 11.86 | 3.75 | 1.08 | 0.67 | 0.47 |
Prepayment charge on Federal Home Loan Bank advances | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 |
Securities sold under agreement to repurchase and federal funds purchased | 4.87 | 3.92 | -- | -- | -- | -- | -- | -- | -- | -- |
Interest Expense:Other borrowings | 190.24 | 242.91 | 1.65 | 0.14 | 0.20 | 0.67 | 0.50 | 0.58 | 0.55 | 0.55 |
Total interest expense | 1,036.84 | 746.16 | 23.65 | 8.55 | 17.70 | 36.55 | 18.23 | 6.76 | 4.35 | 4.00 |
Net Interest Income | 1,718.40 | 1,793.17 | 622.84 | 527.52 | 500.11 | 493.41 | 478.84 | 367.99 | 333.62 | 324.89 |
Provision for loan and lease losses | 105.92 | 213.20 | 1.95 | 4.80 | 77.70 | 3.49 | 14.77 | 8.63 | 10.78 | 8.59 |
Provision for losses on covered loans | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net interest income after provision for loan and lease losses | 1,612.48 | 1,579.97 | 620.89 | 522.72 | 422.41 | 489.91 | 464.07 | 359.36 | 322.84 | 316.30 |
Service charges and other fees | 71.52 | 65.53 | -- | -- | -- | -- | -- | -- | -- | 61.88 |
Merchant services fees | -- | -- | -- | -- | -- | -- | -- | 14.00 | -- | 8.98 |
Service charges and other fees | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Financial services and trust revenue | 20.21 | 13.47 | 17.66 | 15.75 | 12.83 | 12.80 | 12.14 | 11.48 | 11.27 | -- |
Deposit account and treasury management fees | -- | -- | 31.50 | 27.11 | 27.02 | 35.70 | 36.07 | 30.38 | 28.50 | -- |
Impairment charge on investment securities | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Gain (loss) on sale of investment securities, net | (0.39) | 2.30 | (0.01) | 0.31 | 16.71 | 2.13 | (0.09) | (0.01) | 1.18 | 1.58 |
Gain (loss) on sale of securities available for sale, net | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Redemption of Visa and Mastercard shares | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Gain on sale of debt securities, net | 0.02 | 0.01 | -- | -- | -- | -- | -- | -- | -- | -- |
Loan revenue | (2.85) | 4.41 | 12.58 | 22.04 | 24.80 | 13.47 | 11.87 | 12.40 | 10.97 | -- |
Mortgage banking | 24.11 | 16.79 | -- | -- | -- | -- | -- | -- | -- | -- |
Other non-interest (loss) income | 22.51 | 30.53 | 9.59 | 3.84 | 2.79 | 11.60 | 2.55 | 6.55 | 1.86 | 18.61 |
Bank owned life insurance (BOLI) | 18.76 | 15.62 | 7.64 | 6.53 | 6.42 | 6.29 | 6.01 | 5.38 | 4.55 | 4.44 |
Gain on bank acquisition | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Change in FDIC loss sharing asset | -- | -- | -- | -- | -- | -- | -- | (0.45) | (2.59) | (4.01) |
Card revenue | 57.09 | 55.26 | 20.19 | 18.50 | 13.93 | 15.20 | 19.72 | 25.63 | 23.62 | -- |
Merchant processing revenue | -- | -- | -- | -- | -- | -- | -- | 4.28 | 8.73 | -- |
Total Noninterest Income | 210.97 | 203.93 | 99.14 | 94.09 | 104.50 | 97.18 | 88.26 | 109.64 | 88.08 | 91.47 |
Salaries, Compensation and employee benefits | 588.83 | 616.10 | 241.14 | 224.03 | 209.72 | 212.87 | 200.20 | 169.67 | 150.28 | 149.41 |
Marketing | 11.04 | 11.40 | -- | -- | -- | -- | -- | -- | -- | -- |
Advertising and promotion | -- | -- | 3.96 | 3.38 | 4.47 | 4.93 | 5.58 | 4.47 | 4.60 | 4.71 |
Occupancy | 182.37 | 183.48 | 41.15 | 37.82 | 36.01 | 35.18 | 36.58 | 32.41 | 33.73 | 34.82 |
FDIC clawback liability | 41.58 | 71.40 | -- | -- | -- | -- | -- | -- | -- | -- |
Amortization of Intangibles | 119.43 | 111.30 | 8.70 | 7.99 | 8.72 | 10.48 | 12.24 | 6.33 | 5.95 | 6.88 |
Net (gain) cost of other real estate owned | -- | -- | -- | -- | -- | -- | 1.22 | 0.47 | 0.55 | (1.63) |
Merger related expense | 23.71 | 171.66 | -- | -- | -- | -- | -- | -- | -- | -- |
Other | 66.25 | 73.47 | 32.21 | 23.80 | 36.46 | 34.15 | 36.63 | 34.16 | 28.36 | 30.52 |
Communications | 13.87 | 16.25 | -- | -- | -- | -- | -- | -- | -- | -- |
Data processing | -- | -- | 41.12 | 33.50 | 19.37 | 19.16 | 20.24 | 18.21 | 16.49 | 17.42 |
Supplies and postage | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Merchant processing | -- | -- | -- | -- | -- | 0.00 | -- | 2.20 | 4.33 | 4.20 |
Taxes, licenses and fees | -- | -- | -- | -- | -- | -- | 6.06 | 4.77 | 5.19 | 5.40 |
Legal and professional services | 57.61 | 57.64 | 20.58 | 18.91 | 12.16 | 21.65 | 18.04 | 15.15 | 7.89 | 9.61 |
Net cost of operation of other real estate | -- | -- | 0.11 | 0.07 | (0.32) | (0.69) | -- | -- | -- | -- |
Regulatory premiums | -- | -- | 6.62 | 4.91 | 2.96 | 1.92 | 3.71 | 3.18 | 3.78 | 4.81 |
B&O taxes | -- | -- | 6.80 | 5.90 | 4.97 | 5.85 | -- | -- | -- | -- |
Total Noninterest Expense | 1,104.69 | 1,312.70 | 402.38 | 360.30 | 334.52 | 345.48 | 340.49 | 291.02 | 261.14 | 266.15 |
Income Before Income Taxes | 718.75 | 471.20 | 317.65 | 256.51 | 192.39 | 241.61 | 211.84 | 177.98 | 149.78 | 141.62 |
Current Tax Expense | -- | -- | 73.58 | 60.32 | -- | 46.83 | -- | 42.72 | 43.07 | 36.43 |
Provision (benefit) for income taxes | 185.08 | 122.48 | 67.47 | 53.69 | 38.15 | 47.16 | 38.95 | 65.16 | 44.92 | 42.79 |
Deferred (benefit) expense | -- | -- | (6.11) | (6.63) | -- | 0.33 | -- | 22.43 | 1.85 | 6.37 |
Net Income (loss) | 533.68 | 348.72 | 250.18 | 202.82 | 154.24 | 194.45 | 172.88 | 112.83 | 104.87 | 98.83 |
Less: earnings allocated to participating securities | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Preferred shares | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.19 | 0.18 |
Nonvested restricted shares | -- | -- | -- | -- | -- | 1.53 | 1.89 | 1.50 | 1.37 | 1.08 |
Net income (loss) available to common shareholders | 533.68 | 348.72 | 250.18 | 202.82 | 154.24 | 192.92 | 170.99 | 111.32 | 103.31 | 97.58 |
Earnings (loss) allocated to common shareholders Diluted | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net income per common share:Basic | 2.56 | 1.79 | 3.20 | 2.79 | 2.17 | 2.68 | 2.36 | 1.86 | 1.81 | 1.71 |
Net income per common share:Diluted | 2.55 | 1.78 | 3.20 | 2.78 | 2.17 | 2.68 | 2.36 | 1.86 | 1.81 | 1.71 |
Weighted Average Shares Outstanding (Basic) | 208.46 | 195.30 | 78.05 | 72.68 | 70.84 | 72.00 | 72.39 | 59.88 | 57.18 | 57.02 |
Weighted Average Shares Outstanding (Diluted) | 209.34 | 195.87 | 78.19 | 72.87 | 70.88 | 72.03 | 72.39 | 59.89 | 57.19 | 57.03 |