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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Interest Income    
Interest and fees on loans $ 71,740 $ 70,421
Interest and dividends on investments:    
Taxable interest 6,973 8,164
Interest exempt from federal income taxes 315 418
Dividends 264 537
Interest on bank deposits 37 54
Total interest income 79,329 79,594
Interest Expense    
Interest on deposits 8,449 8,175
Interest on short-term borrowings 588 3,438
Interest on subordinated debentures 2,146 2,354
Interest on other long-term debt 355 71
Interest on lease obligations 67 70
Total interest expense 11,605 14,108
Net Interest Income 67,724 65,486
Provision for credit losses 30,967 4,095
Net Interest Income after Provision for Credit Losses 36,757 61,391
Noninterest Income    
Net securities gains 19 0
Trust income 2,111 1,926
Service charges on deposit accounts 4,745 4,245
Insurance and retail brokerage commissions 1,995 1,961
Income from bank owned life insurance 1,616 1,426
Gain on sale of mortgage loans 2,546 1,428
Gain on sale of other loans and assets 699 1,084
Card-related interchange income 5,262 4,730
Derivatives mark to market (1,741) (26)
Swap fee income 214 393
Other income 1,807 1,705
Total noninterest income 19,273 18,872
Noninterest Expense    
Salaries and employee benefits 29,977 27,220
Net occupancy expense 4,973 4,916
Furniture and equipment expense 3,778 3,668
Data processing expense 2,467 2,544
Advertising and promotion 1,150 1,240
Intangible amortization 738 916
Intangible amortization 934 754
Collection and repossession expense 564 547
Other professional fees and services 910 754
FDIC insurance 28 574
Loss on sale or write-down of assets 213 65
Litigation and operational losses 390 401
Other Noninterest Expense 6,688 6,512
Total noninterest expense 50,271 49,730
Income Before Income Taxes 5,759 30,533
Income tax provision 1,032 5,944
Net Income $ 4,727 $ 24,589
Average Shares Outstanding (in shares) 98,123,627 98,479,041
Average Shares Outstanding Assuming Dilution (in shares) 98,361,494 98,706,827
Per Share Data:    
Basic Earnings per Share (in dollars per share) $ 0.05 $ 0.25
Diluted Earnings per Share (in dollars per share) 0.05 0.25
Cash Dividends Declared per Common Share (in dollars per share) $ 0.11 $ 0.10
Off-Balance Sheet, Credit Loss, Liability, Change in Method, Credit Loss Expense (Reversal) $ (2,539) $ (381)