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Condensed Consolidated Statements of Earnings and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Interest income:        
Loans and leases, including fees $ 92,770 $ 91,726 $ 182,231 $ 183,521
Investment securities:        
Investment securities available-for-sale 17,042 9,410 29,874 18,569
Investment securities held-to-maturity 11,714 5,130 22,377 9,070
Total investment income 28,756 14,540 52,251 27,639
Dividends from FHLB stock 273 283 644 500
Interest-earning deposits with other institutions 1,463 479 2,236 892
Total interest income 123,262 107,028 237,362 212,552
Interest expense:        
Deposits 1,201 1,425 2,328 3,237
Borrowings and customer repurchase agreements 121 132 254 273
Junior subordinated debentures 83 186
Total interest expense 1,322 1,640 2,582 3,696
Net interest income before (recapture of) provision for credit losses 121,940 105,388 234,780 208,856
Provision for (recapture of) credit losses 3,600 (2,000) 6,100 (21,500)
Net interest income after (recapture of)  provision for credit losses 118,340 107,388 228,680 230,356
Noninterest income:        
BOLI income 603 1,240 1,952 5,864
Gain on OREO, net 48 477
Gain on sale of building, net (2,717) (2,717)
Other 2,745 1,679 4,363 3,361
Total noninterest income 14,670 10,836 25,934 24,517
Noninterest expense:        
Salaries and employee benefits 31,553 28,836 64,209 58,542
Occupancy and equipment 5,567 4,949 11,138 9,812
Professional services 2,305 2,248 4,350 4,416
Computer software expense 3,103 2,657 6,898 5,501
Marketing and promotion 1,638 1,799 3,096 2,524
Amortization of intangible assets 1,998 2,167 3,996 4,334
(Recapture of) provision for unfunded loan commitments 0 (1,000) 0 (1,000)
Acquisition related expenses 375 6,013
Other 4,332 4,889 9,409 9,579
Total noninterest expense 50,871 46,545 109,109 93,708
Earnings before income taxes 82,139 71,679 145,505 161,165
Income taxes 23,081 20,500 40,887 46,093
Net earnings 59,058 51,179 104,618 115,072
Other comprehensive (loss) income:        
Unrealized gain (loss) on securities arising during the period, before tax (142,790) 8,937 (344,809) (31,373)
Less: Income tax benefit (expense) related to items of other comprehensive (loss) income 42,213 (2,642) 101,938 9,275
Other comprehensive (loss) income, net of tax (100,577) 6,295 (242,871) (22,098)
Comprehensive (loss) income $ (41,519) $ 57,474 $ (138,253) $ 92,974
Basic earnings per common share $ 0.42 $ 0.38 $ 0.74 $ 0.85
Diluted earnings per common share $ 0.42 $ 0.38 $ 0.74 $ 0.85
Service Charges on Deposit Accounts [Member]        
Noninterest income:        
Revenue from contract with customer, including assessed tax $ 5,333 $ 4,169 $ 10,392 $ 8,154
Trust and Investment Services [Member]        
Noninterest income:        
Revenue from contract with customer, including assessed tax 2,962 3,167 5,784 5,778
Bankcard Services [Member]        
Noninterest income:        
Revenue from contract with customer, including assessed tax $ 310 $ 533 $ 726 $ 883