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Condensed Consolidated Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Interest income:    
Loans and leases $ 430,685 $ 267,759
Investment securities 44,237 53,422
Deposits in financial institutions 42,866 1,723
Total interest income 517,788 322,904
Interest expense:    
Deposits 155,892 6,208
Borrowings 69,122 161
Subordinated debt 13,502 7,818
Total interest expense 238,516 14,187
Net interest income 279,272 308,717
Provision for credit losses 3,000 0
Net interest income after provision for credit losses 276,272 308,717
Noninterest income:    
Leased equipment income 13,857 13,094
Other commissions and fees 10,344 11,580
Service charges on deposit accounts 3,573 3,571
Gain on sale of loans and leases 2,962 60
Gain on sale of securities 0 104
Dividends and gains (losses) on equity investments 1,098 (11,375)
Warrant (loss) income (333) 629
Other income 4,890 3,155
Total noninterest income 36,391 20,818
Noninterest expense:    
Compensation 88,476 92,240
Occupancy 15,067 15,200
Leased equipment depreciation 9,375 9,189
Data processing 10,938 9,629
Other professional services 6,073 5,954
Insurance and assessments 11,717 5,490
Customer related expense 24,005 12,655
Loan expense 6,524 5,157
Intangible asset amortization 2,411 3,649
Acquisition, integration and reorganization costs 8,514 0
Goodwill impairment 1,376,736 0
Foreclosed assets expense (income), net 363 (3,353)
Other expense 12,804 11,616
Total noninterest expense 1,573,003 167,426
(Loss) earnings before income taxes (1,260,340) 162,109
Income tax (benefit) expense 64,916 (41,981)
Net (loss) earnings (1,195,424) 120,128
Preferred Stock Dividends, Income Statement Impact 9,947 0
Net Income (Loss) Available to Common Stockholders, Diluted (1,205,371) 120,128
Net Income (Loss) Available to Common Stockholders, Basic $ (1,205,371) $ 120,128
(Loss) earnings per common share:    
Basic (usd per share) $ (10.22) $ 1.01
Diluted (usd per share) $ (10.22) $ 1.01