XML 25 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Interest income    
Interest and fees on loans $ 158,854 $ 164,871
Interest on federal funds sold and other short-term investments 3,965 5,837
Interest and dividends on securities:    
Taxable 16,969 17,363
Tax-exempt 694 1,026
Total interest income 180,482 189,097
Interest expense    
Interest on deposits 27,477 32,638
Interest on short-term borrowings 458 691
Interest on long-term borrowings 11,029 11,600
Total interest expense 38,964 44,929
Net interest income 141,518 144,168
Provision for credit losses 27,119 4,996
Net interest income after provision for credit losses 114,399 139,172
Other income    
Income from bank-owned life insurance 2,388 1,827
Net investment securities gains (losses) 196 (159)
Other income 724 356
Total other income 36,806 31,223
Other expense    
Employee compensation 44,541 38,949
Employee benefits 10,786 9,431
Net occupancy expense 9,062 8,751
Other real estate owned (OREO) expense 906 1,416
Equipment expense 3,845 3,315
Data processing expense 5,506 5,162
Bankcard processing expense 477 480
FDIC insurance expense 2,400 3,300
Other expense 23,610 18,621
Total other expense 101,133 89,425
Income before income taxes 50,072 80,970
Income taxes 9,889 17,328
Net income $ 40,183 $ 63,642
Earnings per common share:    
Basic $ 0.40 $ 0.62
Diluted $ 0.40 $ 0.62
Average outstanding shares:    
Basic 101,295,073 101,894,786
Diluted 101,399,181 102,162,704
Fees From Trust Services [Member]    
Other income    
Revenue from contract $ 3,483 $ 3,264
Fees from Brokerage Services [Member]    
Other income    
Revenue from contract 2,916 2,524
Fees from Deposit Services [Member]    
Other income    
Revenue from contract 7,957 8,053
Bankcard Fees and Merchant Discounts [Member]    
Other income    
Revenue from contract 993 1,156
Other Service Charges, Commissions, and Fees [Member]    
Other income    
Revenue from contract 518 521
Mortgage Banking [Member]    
Other income    
Revenue from contract $ 17,631 $ 13,681