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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest income      
Loans and lease financing $ 509,820 $ 444,488 $ 496,523
Available-for-sale investment securities 87,108 101,410 81,808
Held-to-maturity investment securities 55,376    
Other 10,916 3,413 4,428
Total interest income 663,220 549,311 582,759
Interest expense      
Deposits 49,201 13,853 35,471
Short-term and long-term borrowings 470 4,899 11,554
Total interest expense 49,671 18,752 47,025
Net interest income 613,549 530,559 535,734
Provision for credit losses 1,392 (39,000) 121,718
Net interest income after provision for credit losses 612,157 569,559 414,016
Noninterest income      
Service charges on deposit accounts 28,809 27,510 28,169
Credit and debit card fees 66,028 63,580 55,451
Other service charges and fees 37,036 38,578 33,876
Trust and investment services income 36,465 34,719 35,652
Bank-owned life insurance 1,248 13,185 15,754
Investment securities gains, net   102 (114)
Other 9,939 7,242 28,592
Total noninterest income 179,525 184,916 197,380
Noninterest expense      
Salaries and employee benefits 199,129 182,384 174,221
Contracted services and professional fees 70,027 63,349 60,546
Occupancy 31,034 29,348 28,821
Equipment 34,506 24,719 20,277
Regulatory assessment and fees 9,603 8,245 8,659
Advertising and marketing 7,996 6,108 5,695
Card rewards program 30,990 25,244 22,114
Other 57,186 66,082 47,339
Total noninterest expense 440,471 405,479 367,672
Income before provision for income taxes 351,211 348,996 243,724
Provision for income taxes 85,526 83,261 57,970
Net income $ 265,685 $ 265,735 $ 185,754
Basic earnings per share (in dollars per share) $ 2.08 $ 2.06 $ 1.43
Diluted earnings per share (in dollars per share) $ 2.08 $ 2.05 $ 1.43
Basic weighted-average outstanding shares (in shares) 127,489,889 128,963,131 129,890,225
Diluted weighted-average outstanding shares (in shares) 127,981,699 129,537,922 130,220,077