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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Interest Income    
Loans $ 107,366 $ 108,416
Taxable securities 21,088 17,415
Tax-exempt securities 2,302 2,969
Deposits in banks 141 88
Total interest income 130,897 128,888
Interest Expense    
Deposits 3,642 4,498
FHLB advances and FRB borrowings 4,229 2,685
Subordinated debentures 468 468
Other borrowings 136 215
Total interest expense 8,475 7,866
Net Interest Income 122,422 121,022
Provision for credit losses 41,500 1,362
Net interest income after provision for credit losses 80,922 119,660
Noninterest Income    
Deposit account and treasury management fees 7,788 8,980
Card revenue 3,518 3,662
Financial services and trust revenue 3,065 2,957
Loan revenue 4,590 2,389
Bank owned life insurance 1,596 1,519
Investment securities gains, net 249 1,847
Other 401 342
Total noninterest income 21,207 21,696
Noninterest Expense    
Compensation and employee benefits 54,842 52,085
Occupancy 9,197 8,809
Data processing 4,840 4,669
Legal and professional fees 2,102 4,573
Amortization of intangibles 2,310 2,748
B&O taxes 624 1,876
Advertising and promotion 1,305 974
Regulatory premiums 34 984
Net cost of operation of OREO 12 113
Other 9,005 7,869
Total noninterest expense 84,271 84,700
Income before income taxes 17,858 56,656
Income tax provision 3,230 10,785
Net Income $ 14,628 $ 45,871
Earnings per common share    
Basic $ 0.20 $ 0.63
Diluted $ 0.20 $ 0.63
Weighted average number of common shares outstanding 71,206 72,521
Weighted average number of diluted common shares outstanding 71,264 72,524