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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
INTEREST INCOME        
Interest and fees on loans and leases $ 278,830 $ 224,403 $ 727,908 $ 669,014
Interest and dividends on investment securities:        
Taxable 18,175 16,102 54,156 43,833
Exempt from federal income tax 1,322 1,470 4,063 4,491
Dividends 86 213 256 1,216
Interest on temporary investments and interest bearing deposits 5,115 1,237 9,387 2,635
Total interest income 303,528 243,425 795,770 721,189
INTEREST EXPENSE        
Interest on deposits 9,090 5,100 17,021 22,794
Interest on securities sold under agreement to repurchase and federal funds purchased 545 88 674 232
Interest on borrowings 798 149 897 2,787
Interest on junior subordinated debentures 5,491 3,014 12,641 9,108
Total interest expense 15,924 8,351 31,233 34,921
Net interest income 287,604 235,074 764,537 686,268
PROVISION (RECAPTURE) FOR CREDIT LOSSES  27,572 (18,919) 51,068 (41,915)
Net interest income after provision (recapture) for credit losses 260,032 253,993 713,469 728,183
NON-INTEREST INCOME        
Residential mortgage banking revenue, net 17,341 34,150 108,671 143,626
Gain on sale of debt securities, net 0 0 2 4
Loss on equity securities, net (2,647) (343) (7,383) (1,045)
Gain on loan and lease sales, net 1,525 4,208 5,165 10,899
Bank owned life insurance income 2,023 2,038 6,220 6,201
Noninterest Income, Other Operating Income (10,571) 13,569 (12,670) 51,157
Total non-interest income 29,445 73,705 164,649 273,580
NON-INTEREST EXPENSE        
Salaries and employee benefits 109,164 117,636 333,244 363,343
Occupancy and equipment, net 35,042 33,944 104,430 103,236
Communications 2,542 2,866 7,881 8,633
Marketing 1,505 1,651 5,552 5,077
Services 13,355 12,017 39,094 36,279
FDIC assessments 3,007 2,136 10,477 6,342
Intangible amortization 1,025 1,130 3,076 3,390
Merger related expenses 769 0 5,719 0
Other expenses 11,555 12,373 30,495 34,445
Total non-interest expense 177,964 183,753 539,968 560,745
Income before provision for income taxes 111,513 143,945 338,150 441,018
Provision for income taxes 27,473 35,879 84,362 109,072
Net income $ 84,040 $ 108,066 $ 253,788 $ 331,946
Earnings per common share:        
Basic (in dollars per share) $ 0.39 $ 0.49 $ 1.17 $ 1.51
Diluted (in dollars per share) $ 0.39 $ 0.49 $ 1.17 $ 1.51
Weighted average number of common shares outstanding:        
Basic (in shares) 217,051 218,416 216,955 219,791
Diluted (in shares) 217,386 218,978 217,353 220,278
Service charges on deposits        
NON-INTEREST INCOME        
Revenue from contract with customer $ 12,632 $ 10,941 $ 36,226 $ 30,898
Card-based Fees        
NON-INTEREST INCOME        
Revenue from contract with customer 9,115 9,111 28,353 26,759
Brokerage revenue        
NON-INTEREST INCOME        
Revenue from contract with customer $ 27 $ 31 $ 65 $ 5,081