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Condensed Consolidated Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Interest income:    
Loans and leases $ 267,759 $ 241,544
Investment securities 53,422 30,265
Deposits in financial institutions 1,723 1,528
Total interest income 322,904 273,337
Interest expense:    
Deposits 6,208 7,500
Borrowings 161 193
Subordinated debt 7,818 4,375
Total interest expense 14,187 12,068
Net interest income 308,717 261,269
Provision for credit losses 0 (48,000)
Net interest income after provision for credit losses 308,717 309,269
Noninterest income:    
Leased equipment income 13,094 11,354
Other commissions and fees 11,580 9,158
Service charges on deposit accounts 3,571 2,934
Gain on sale of loans and leases 60 139
Gain on sale of securities 104 101
Dividends and (losses) gains on equity investments (11,375) 10,904
Warrant income 629 6,123
Other income 3,155 4,116
Total noninterest income 20,818 44,829
Noninterest expense:    
Compensation 92,240 79,882
Occupancy 15,200 14,054
Leased equipment depreciation 9,189 8,969
Data processing 9,629 6,957
Other professional services 5,954 5,126
Insurance and assessments 5,490 4,903
Customer related expense 12,655 4,818
Loan expense 5,157 3,193
Intangible asset amortization 3,649 3,079
Acquisition, integration and reorganization costs 0 3,425
Foreclosed assets (income) expense, net (3,353) 1
Other expense 11,616 15,729
Total noninterest expense 167,426 150,136
Earnings before income taxes 162,109 203,962
Income tax expense (41,981) (53,556)
Net earnings $ 120,128 $ 150,406
Earnings per share:    
Basic (usd per share) $ 1.01 $ 1.27
Diluted (usd per share) $ 1.01 $ 1.27