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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest income      
Interest and fees on loans $ 834,969 $ 676,089 $ 690,909
Interest on taxable securities 34,656 22,524 33,086
Interest on nontaxable securities 1,176 575 623
Interest on deposits in other banks 23,008 3,882 1,739
Interest on federal funds sold 77 42 146
Total interest income 893,886 703,112 726,503
Interest expense      
Interest on deposits 56,105 22,357 59,067
Interest on other borrowings 36,755 25,428 29,683
Total interest expense 92,860 47,785 88,750
Net interest income 801,026 655,327 637,753
Provision for loan losses 52,610 (35,081) 125,488
Provision for unfunded commitments 19,226 332 19,062
Provision for other credit losses (139) (616) 830
Provision for credit losses 71,697 (35,365) 145,380
Net interest income after provision for credit losses 729,329 690,692 492,373
Noninterest income      
Service charges on deposit accounts 44,499 45,106 44,145
Mortgage banking activity 184,904 285,900 374,077
Other service charges, commissions and fees 3,875 4,188 3,914
Net gain on securities 203 515 5
Gain on sale of SBA loans 5,552 6,623 7,226
Other noninterest income 45,391 23,212 17,133
Total noninterest income 284,424 365,544 446,500
Noninterest expense      
Salaries and employee benefits 319,719 337,776 360,278
Occupancy and equipment 51,361 48,066 52,349
Advertising and marketing 12,481 8,434 8,046
Amortization of intangible assets 19,744 14,965 19,612
Data processing and communications expenses 49,228 45,976 46,017
Legal and other professional fees 16,439 11,920 15,972
Credit resolution-related expenses 29 3,538 5,106
Merger and conversion charges 1,212 4,206 1,391
FDIC insurance 8,063 5,614 14,078
Loan servicing expenses 36,835 26,481 20,910
Other noninterest expenses 45,544 53,148 54,870
Total noninterest expense 560,655 560,124 598,629
Income before income tax expense 453,098 496,112 340,244
Income tax expense 106,558 119,199 78,256
Net income $ 346,540 $ 376,913 $ 261,988
Basic earnings per common share (in dollars per share) $ 5.01 $ 5.43 $ 3.78
Diluted earnings per common share (in dollars per share) $ 4.99 $ 5.40 $ 3.77
Weighted average common shares outstanding      
Basic (in shares) 69,194 69,432 69,256
Diluted (in shares) 69,420 69,761 69,426