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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
INTEREST INCOME    
Interest and fees on loans and leases $ 245,993 $ 258,747
Interest and dividends on investment securities:    
Taxable 16,605 19,956
Exempt from federal income tax 1,562 2,114
Dividends 678 517
Interest on temporary investments and interest bearing deposits 3,331 925
Total interest income 268,169 282,259
INTEREST EXPENSE    
Interest on deposits 40,290 34,094
Interest on securities sold under agreement to repurchase and federal funds purchased 395 810
Interest on borrowings 4,046 3,683
Interest on junior subordinated debentures 4,903 5,987
Total interest expense 49,634 44,574
Net interest income 218,535 237,685
PROVISION FOR CREDIT LOSSES  118,085 13,684
Net interest income after provision for credit losses 100,450 224,001
NON-INTEREST INCOME    
Residential mortgage banking revenue, net 17,540 11,231
Loss on sale of debt securities, net (133) 0
Gain on equity securities, net 814 695
Gain on loan and lease sales, net 1,167 769
BOLI income 2,129 2,168
Total non-interest income 40,645 45,740
NON-INTEREST EXPENSE    
Salaries and employee benefits 109,774 100,658
Occupancy and equipment, net 37,001 36,245
Communications 3,128 4,220
Marketing 2,530 2,726
Services 10,770 12,210
FDIC assessments 2,542 2,942
Intangible amortization 1,247 1,404
Goodwill impairment 1,784,936 0
Other expenses 10,730 11,187
Total non-interest expense 1,962,658 171,592
(Loss) income before provision for income taxes (1,821,563) 98,149
Provision for income taxes 30,384 24,116
Net (loss) income $ (1,851,947) $ 74,033
(Loss) earnings per common share:    
Basic (in dollars per share) $ (8.41) $ 0.34
Diluted (in dollars per share) $ (8.41) $ 0.34
Weighted average number of common shares outstanding:    
Basic (in shares) 220,216 220,366
Diluted (in shares) 220,216 220,655
Service charges on deposits    
NON-INTEREST INCOME    
Revenue from contract with customer $ 15,638 $ 15,278
Brokerage revenue    
NON-INTEREST INCOME    
Revenue from contract with customer 4,015 3,810
Other (expense) income    
NON-INTEREST INCOME    
Revenue from contract with customer $ (525) $ 11,789