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Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Interest, fee and dividend income        
Interest and fees on loans $ 74,795 $ 77,270 $ 149,888 $ 155,998
Securities available for sale 5,762 5,600 11,306 11,353
Securities held to maturity 3,096 3,926 6,478 8,017
Other 391 650 682 1,479
Total interest, fee and dividend income 84,044 87,446 168,354 176,847
Interest expense        
Deposits 2,862 4,812 6,034 13,916
Short-term borrowings 32 972 102 2,769
Long-term debt 88 393 212 786
Subordinated debt 1,359 128 2,718 128
Junior subordinated debt 525 695 1,055 1,621
Total interest expense 4,866 7,000 10,121 19,220
Net interest income 79,178 80,446 158,233 157,627
Provision for loan losses (5,216) 18,840 (8,012) 48,480
Net interest income after provision for loan losses 84,394 61,606 166,245 109,147
Noninterest income        
Service charges on deposit accounts 3,028 2,529 6,055 6,526
ATM and debit card fees 8,309 6,136 15,171 11,990
Retirement plan administration fees 9,779 9,214 19,877 17,155
Wealth management fees 8,406 6,823 16,316 14,096
Insurance services 3,508 3,292 6,969 7,561
Bank owned life insurance income 1,659 1,381 3,040 2,755
Net securities gains (losses) 201 180 668 (632)
Other 4,426 5,456 8,258 10,983
Total noninterest income 39,316 35,011 76,354 70,434
Noninterest expense        
Salaries and employee benefits 42,671 39,717 84,272 80,467
Occupancy 5,291 5,065 11,164 11,060
Data processing and communications 4,427 4,079 9,158 8,312
Professional fees and outside services 4,030 3,403 7,619 7,300
Equipment 5,493 4,779 10,670 9,421
Office supplies and postage 1,615 1,455 3,114 3,091
FDIC expense 663 993 1,471 1,304
Advertising 468 322 919 931
Amortization of intangible assets 682 883 1,494 1,717
Loan collection and other real estate owned, net 663 728 1,253 1,745
Other 5,416 3,916 8,173 10,873
Total noninterest expense 71,419 65,340 139,307 136,221
Income before income tax expense 52,291 31,277 103,292 43,360
Income tax expense 11,995 6,564 23,150 8,279
Net income $ 40,296 $ 24,713 $ 80,142 $ 35,081
Earnings per share        
Basic (in dollars per share) $ 0.93 $ 0.57 $ 1.84 $ 0.80
Diluted (in dollars per share) $ 0.92 $ 0.56 $ 1.83 $ 0.80