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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Interest income    
Loans and lease financing $ 103,732 $ 110,939
Available-for-sale securities 32,107 23,146
Other 782 491
Total interest income 136,621 134,576
Interest expense    
Deposits 2,749 4,056
Short-term and long-term borrowings   1,362
Total interest expense 2,749 5,418
Net interest income 133,872 129,158
Provision for credit losses (5,747)  
Net interest income after provision for credit losses 139,619 129,158
Noninterest income    
Service charges on deposit accounts 7,501 6,718
Credit and debit card fees 14,850 14,551
Other service charges and fees 9,654 8,846
Trust and investment services income 8,883 8,492
Bank-owned life insurance (417) 2,389
Other 909 2,872
Total noninterest income 41,380 43,868
Noninterest expense    
Salaries and employee benefits 48,226 43,936
Contracted services and professional fees 17,147 17,188
Occupancy 7,410 7,170
Equipment 5,977 5,491
Regulatory assessment and fees 2,224 2,034
Advertising and marketing 2,028 1,591
Card rewards program 6,883 4,835
Other 14,147 14,061
Total noninterest expense 104,042 96,306
Income before provision for income taxes 76,957 76,720
Provision for income taxes 19,238 19,027
Net income $ 57,719 $ 57,693
Basic earnings per share (in dollars per share) $ 0.45 $ 0.44
Diluted earnings per share (in dollars per share) $ 0.45 $ 0.44
Basic weighted-average outstanding shares (in shares) 127,556,242 129,933,104
Diluted weighted-average outstanding shares (in shares) 128,121,126 130,589,878