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Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Interest, fee and dividend income    
Interest and fees on loans $ 78,728 $ 79,321
Securities available for sale 5,753 5,922
Securities held to maturity 4,091 5,217
Other 829 884
Total interest, fee and dividend income 89,401 91,344
Interest expense    
Deposits 9,104 8,826
Short-term borrowings 1,797 3,237
Long-term debt 393 422
Junior subordinated debt 926 1,168
Total interest expense 12,220 13,653
Net interest income 77,181 77,691
Provision for loan losses [1] 29,640 5,807
Net interest income after provision for loan losses 47,541 71,884
Noninterest income    
Service charges on deposit accounts 3,997 4,236
ATM and debit card fees 5,854 5,525
Retirement plan administration fees 7,941 7,734
Wealth management 7,273 6,563
Insurance 4,269 4,744
Bank owned life insurance income 1,374 1,377
Net securities (losses) gains (812) 57
Other 5,527 3,585
Total noninterest income 35,423 33,821
Noninterest expense    
Salaries and employee benefits 40,750 39,356
Occupancy 5,995 6,275
Data processing and communications 4,233 4,414
Professional fees and outside services 3,897 3,668
Equipment 4,642 4,757
Office supplies and postage 1,636 1,591
FDIC expenses 311 1,017
Advertising 609 503
Amortization of intangible assets 834 968
Loan collection and other real estate owned, net 1,017 785
Other 6,957 5,126
Total noninterest expense 70,881 68,460
Income before income tax expense 12,083 37,245
Income tax expense 1,715 8,118
Net income $ 10,368 $ 29,127
Earnings per share    
Basic (in dollars per share) $ 0.24 $ 0.67
Diluted (in dollars per share) $ 0.23 $ 0.66
[1] Beginning January 1, 2020, calculation is based on current expected loss methodology. Prior to January 1, 2020, calculation was based on incurred loss methodology.