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Consolidated Statements of Earnings - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Interest income:      
Loans and leases $ 996,457 $ 993,138 $ 1,097,845
Investment securities 153,468 106,770 115,569
Deposits in financial institutions 8,804 3,583 6,479
Total interest income 1,158,729 1,103,491 1,219,893
Interest expense:      
Deposits 27,808 59,663 148,460
Borrowings 623 8,161 26,961
Subordinated debt 26,474 21,109 29,843
Total interest expense 54,905 88,933 205,264
Net interest income 1,103,824 1,014,558 1,014,629
Provision for credit losses (162,000) 339,000 22,000
Net interest income after provision for credit losses 1,265,824 675,558 992,629
Noninterest income:      
Other commissions and fees 42,287 40,347 43,623
Leased equipment income 45,746 43,628 38,727
Service charges on deposit accounts 13,269 10,351 14,637
Gain on sale of loans and leases 1,733 2,139 1,114
Gain on sale of securities 1,615 13,171 25,445
Dividends and gains (losses) on equity investments 23,115 14,984 (567)
Warrant income 49,341 10,609 8,669
Other income 16,821 10,831 10,914
Total noninterest income 193,927 146,060 142,562
Noninterest expense:      
Compensation 368,450 271,494 285,862
Occupancy 58,422 57,555 57,407
Leased equipment depreciation 35,755 28,865 24,016
Data processing 30,277 26,779 27,556
Insurance and assessments 17,365 22,625 16,404
Other professional services 21,492 19,917 17,803
Customer related expense 20,504 17,532 13,839
Intangible asset amortization 12,734 14,753 18,726
Loan expense 17,031 13,454 12,931
Acquisition, integration and reorganization costs 9,415 1,060 349
Foreclosed assets income, net (213) (17) (3,555)
Goodwill impairment 0 1,470,000 0
Other expense 46,185 40,002 30,913
Total noninterest expense 637,417 1,984,019 502,251
Earnings (loss) before income taxes 822,334 (1,162,401) 632,940
Income tax expense (215,375) (75,173) (164,304)
Net earnings (loss) $ 606,959 $ (1,237,574) $ 468,636
Basic income per share (usd per share) $ 5.10 $ (10.61) $ 3.90
Diluted income per share (usd per share) $ 5.10 $ (10.61) $ 3.90