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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Interest Income      
Loans $ 415,770 $ 426,003 $ 448,041
Taxable securities 107,594 81,578 69,864
Tax-exempt securities 11,746 9,567 10,735
Deposits in banks 955 661 1,312
Total interest income 536,065 517,809 529,952
Interest Expense      
Deposits 6,186 9,367 22,146
FHLB advances and FRB borrowings 291 6,264 11,861
Subordinated debentures 1,932 1,871 1,871
Other borrowings 137 196 669
Total interest expense 8,546 17,698 36,547
Net Interest Income 527,519 500,111 493,405
Provision for credit losses 4,800 77,700 3,493
Net interest income after provision for credit losses 522,719 422,411 489,912
Noninterest Income      
Deposit account and treasury management fees 27,107 27,019 35,695
Card revenue 18,503 13,928 15,198
Financial services and trust revenue 15,753 12,830 12,799
Loan revenue 22,044 24,802 13,465
Bank owned life insurance 6,533 6,418 6,294
Investment securities gains (losses), net 314 16,710 2,132
Other 3,840 2,793 11,598
Total noninterest income 94,094 104,500 97,181
Noninterest Expense      
Compensation and employee benefits 224,034 209,722 212,867
Occupancy 37,815 36,013 35,176
Data processing and software 33,498 29,449 27,095
Legal and professional fees 18,910 12,158 21,645
Amortization of intangibles 7,987 8,724 10,479
Business and Occupation taxes 5,903 4,970 5,846
Advertising and promotion 3,383 4,466 4,925
Regulatory premiums 4,912 2,956 1,920
Net cost (benefit) of operation of OREO 66 (315) (692)
Other 23,796 26,376 26,221
Total noninterest expense 360,304 334,519 345,482
Income before income taxes 256,509 192,392 241,611
Income tax provision 53,689 38,148 47,160
Net Income $ 202,820 $ 154,244 $ 194,451
Per Common Share      
Basic earnings per common share $ 2.79 $ 2.17 $ 2.68
Diluted earnings per common share $ 2.78 $ 2.17 $ 2.68
Weighted average number of common shares outstanding 72,683 70,835 71,999
Weighted average number of diluted common shares outstanding 72,873 70,880 72,032