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Consolidated Statements of Earnings - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest income:      
Loans and leases $ 1,312,580 $ 996,457 $ 993,138
Investment securities 209,751 153,468 106,770
Deposits in financial institutions 34,158 8,804 3,583
Total interest income 1,556,489 1,158,729 1,103,491
Interest expense:      
Deposits 200,449 27,808 59,663
Borrowings 25,645 623 8,161
Subordinated debt 39,633 26,474 21,109
Total interest expense 265,727 54,905 88,933
Net interest income 1,290,762 1,103,824 1,014,558
Provision for credit losses 24,500 (162,000) 339,000
Net interest income after provision for credit losses 1,266,262 1,265,824 675,558
Noninterest income:      
Other commissions and fees 43,635 42,287 40,347
Leased equipment income 50,586 45,746 43,628
Service charges on deposit accounts 13,991 13,269 10,351
Gain on sale of loans and leases 518 1,733 2,139
(Loss) gain on sale of securities (50,321) 1,615 13,171
Dividends and (losses) gains on equity investments (3,389) 23,115 14,984
Warrant income 2,490 49,341 10,609
Other income 17,317 16,821 10,831
Total noninterest income 74,827 193,927 146,060
Noninterest expense:      
Compensation 406,839 368,450 271,494
Occupancy 60,964 58,422 57,555
Leased equipment depreciation 35,658 35,755 28,865
Data processing 38,177 30,277 26,779
Insurance and assessments 25,486 17,365 22,625
Other professional services 30,278 21,492 19,917
Customer related expense 55,273 20,504 17,532
Intangible asset amortization 13,576 12,734 14,753
Loan expense 24,572 17,031 13,454
Acquisition, integration and reorganization costs 5,703 9,415 1,060
Foreclosed assets income, net (3,737) (213) (17)
Goodwill impairment 29,000 0 1,470,000
Other expense 51,732 46,185 40,002
Total noninterest expense 773,521 637,417 1,984,019
Earnings (loss) before income taxes 567,568 822,334 (1,162,401)
Income tax expense (143,955) (215,375) (75,173)
Net earnings (loss) $ 423,613 $ 606,959 $ (1,237,574)
Basic income per share (usd per share) $ 3.37 $ 5.10 $ (10.61)
Diluted income per share (usd per share) $ 3.37 $ 5.10 $ (10.61)
Preferred Stock Dividends, Income Statement Impact $ 19,339 $ 0 $ 0
Net Income (Loss) Available to Common Stockholders, Diluted 404,274 606,959 (1,237,574)
Net Income (Loss) Available to Common Stockholders, Basic $ 404,274 $ 606,959 $ (1,237,574)