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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
INTEREST INCOME        
Interest and fees on loans and leases $ 234,674 $ 223,470 $ 449,078 $ 444,611
Interest and dividends on investment securities:        
Taxable 17,256 14,619 35,981 27,731
Exempt from federal income tax 1,369 1,487 2,741 3,021
Dividends 84 405 170 1,003
Interest on temporary investments and interest bearing deposits 2,919 774 4,272 1,398
Total interest income 256,302 240,755 492,242 477,764
INTEREST EXPENSE        
Interest on deposits 4,015 7,016 7,931 17,694
Interest on securities sold under agreement to repurchase and federal funds purchased 66 68 129 144
Interest on borrowings 50 866 99 2,638
Interest on junior subordinated debentures 4,001 3,042 7,150 6,094
Total interest expense 8,132 10,992 15,309 26,570
Net interest income 248,170 229,763 476,933 451,194
PROVISION (RECAPTURE) FOR CREDIT LOSSES  18,692 (22,996) 23,496 (22,996)
Net interest income after provision (recapture) for credit losses 229,478 252,759 453,437 474,190
NON-INTEREST INCOME        
Residential mortgage banking revenue, net 30,544 44,443 91,330 109,476
Gain on sale of debt securities, net 0 0 2 4
(Loss) gain on equity securities, net (2,075) 4 (4,736) (702)
Gain on loan and lease sales, net 1,303 5,318 3,640 6,691
Bank owned life insurance income 2,110 2,092 4,197 4,163
Noninterest Income, Other Operating Income 785 17,499 (2,099) 37,588
Total non-interest income 55,235 91,075 135,204 199,875
NON-INTEREST EXPENSE        
Salaries and employee benefits 110,942 121,573 224,080 245,707
Occupancy and equipment, net 34,559 34,657 69,388 69,292
Communications 2,585 3,004 5,339 5,767
Marketing 1,649 2,054 4,047 3,426
Services 14,402 13,512 25,739 24,262
FDIC assessments 2,954 1,607 7,470 4,206
Intangible amortization 1,026 1,130 2,051 2,260
Merger related expenses 2,672 0 4,950 0
Other expenses 8,785 11,863 18,940 22,072
Total non-interest expense 179,574 189,400 362,004 376,992
Income before provision for income taxes 105,139 154,434 226,637 297,073
Provision for income taxes 26,548 38,291 56,889 73,193
Net income $ 78,591 $ 116,143 $ 169,748 $ 223,880
Earnings per common share:        
Basic (in dollars per share) $ 0.36 $ 0.53 $ 0.78 $ 1.02
Diluted (in dollars per share) $ 0.36 $ 0.53 $ 0.78 $ 1.01
Weighted average number of common shares outstanding:        
Basic (in shares) 217,030 220,593 216,906 220,481
Diluted (in shares) 217,279 221,022 217,333 220,928
Service charges on deposits        
NON-INTEREST INCOME        
Revenue from contract with customer $ 12,011 $ 10,310 $ 23,594 $ 19,957
Card-based Fees        
NON-INTEREST INCOME        
Revenue from contract with customer 10,530 10,274 19,238 17,648
Brokerage revenue        
NON-INTEREST INCOME        
Revenue from contract with customer $ 27 $ 1,135 $ 38 $ 5,050