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Consolidated Statements of Earnings and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Interest income:      
Loans and leases, including fees $ 377,402 $ 397,628 $ 293,284
Investment securities:      
Investment securities available-for-sale 36,052 39,330 45,988
Investment securities held-to-maturity 14,223 17,388 18,901
Total investment income 50,275 56,718 64,889
Dividends from FHLB stock 978 1,235 2,045
Interest-earning deposits with other institutions 1,682 2,269 1,642
Total interest income 430,337 457,850 361,860
Interest expense:      
Deposits 12,602 17,120 9,825
Borrowings and customer repurchase agreements 1,131 3,959 2,067
Junior subordinated debentures 551 999 923
Total interest expense 14,284 22,078 12,815
Net interest income before provision for credit losses 416,053 435,772 349,045
Provision for credit losses 23,500 5,000 1,500
Net interest income after provision for credit losses 392,553 430,772 347,545
Noninterest income:      
BOLI income 8,100 5,798 4,018
Gain on OREO, net 388 129 3,546
Gain on sale of building, net 1,680 4,776 0
Gain on eminent domain condemnation, net 0 5,685 0
Other 11,277 9,956 6,588
Total noninterest income 49,870 59,042 43,481
Noninterest expense:      
Salaries and employee benefits 119,759 119,475 100,601
Occupancy and equipment 20,622 20,457 20,153
Professional services 9,460 7,752 6,477
Computer software expense 11,302 10,658 9,343
Marketing and promotion 4,488 5,890 5,302
Recapture of provision for unfunded loan commitments 0 0 (250)
Amortization of intangible assets 9,352 10,798 5,254
Acquisition related expenses 0 6,447 16,404
Other 17,920 17,263 16,627
Total noninterest expense 192,903 198,740 179,911
Earnings before income taxes 249,520 291,074 211,115
Income taxes 72,361 83,247 59,112
Net earnings 177,159 207,827 152,003
Other comprehensive income (loss):      
Unrealized gain (loss) on securities arising during the period, before tax 32,277 43,872 (28,526)
Less: Reclassification adjustment for net gain on securities included in net income 0 (5) 0
Other comprehensive income (loss), before tax 32,277 43,867 (28,526)
Less: Income tax (expense) benefit related to items of other comprehensive income (9,542) (12,969) 8,434
Other comprehensive income (loss), net of tax 22,735 30,898 (20,092)
Comprehensive income $ 199,894 $ 238,725 $ 131,911
Basic earnings per common share $ 1.30 $ 1.48 $ 1.25
Diluted earnings per common share $ 1.30 $ 1.48 $ 1.24
Service Charges on Deposit Accounts [Member]      
Noninterest income:      
Revenue from contract with customer, including assessed tax $ 16,561 $ 20,010 $ 17,070
Trust and Investment Services [Member]      
Noninterest income:      
Revenue from contract with customer, including assessed tax 9,978 9,525 8,774
Bankcard Services [Member]      
Noninterest income:      
Revenue from contract with customer, including assessed tax $ 1,886 $ 3,163 $ 3,485