XML 18 R4.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Earnings - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Interest income:      
Loans and leases $ 993,138 $ 1,097,845 $ 1,047,969
Investment securities 106,770 115,569 111,619
Deposits in financial institutions 3,583 6,479 2,082
Total interest income 1,103,491 1,219,893 1,161,670
Interest expense:      
Deposits 59,663 148,460 80,140
Borrowings 8,161 26,961 11,985
Subordinated debentures 21,109 29,843 28,631
Total interest expense 88,933 205,264 120,756
Net interest income 1,014,558 1,014,629 1,040,914
Provision for credit losses 339,000 22,000 45,000
Net interest income after provision for credit losses 675,558 992,629 995,914
Noninterest income:      
Other commissions and fees 40,347 43,623 45,543
Leased equipment income 43,628 38,727 37,881
Service charges on deposit accounts 10,351 14,637 16,509
Gain on sale of loans and leases 2,139 1,114 4,675
Gain on sale of securities 13,171 25,445 8,176
Other income 36,424 19,016 35,851
Total noninterest income 146,060 142,562 148,635
Noninterest expense:      
Compensation 271,494 285,862 282,568
Occupancy 57,555 57,407 53,223
Data processing 26,779 27,556 27,225
Other professional services 19,917 17,803 21,952
Insurance and assessments 22,625 16,404 20,705
Customer related expense 14,753 18,726 22,506
Loan expense 28,865 24,016 21,371
Foreclosed assets income, net (17) (3,555) (751)
Customer Related Expense 17,532 13,839 10,353
Loan expense 13,454 12,931 10,569
Acquisition, integration and reorganization costs 1,060 349 1,770
Goodwill impairment 1,470,000 0 0
Other expense 40,002 30,913 39,741
Total noninterest expense 1,984,019 502,251 511,232
Earnings (loss) before income taxes (1,162,401) 632,940 633,317
Income tax expense (75,173) (164,304) (167,978)
Net earnings (loss) $ (1,237,574) $ 468,636 $ 465,339
Earnings Per Share, Basic (usd per share) $ (10.61) $ 3.90 $ 3.72
Diluted income per share (usd per share) (10.61) 3.90 3.72
Dividends declared per share (usd per share) $ 2.30 $ 2.40 $ 1.35