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Condensed Consolidated Statements of Net Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Interest income:    
Loans, including fees $ 259,967 $ 133,034
Investment securities:    
Taxable 15,425 11,915
Tax-exempt 2,095 1,399
Federal funds sold, securities purchased under agreements to resell and interest-bearing deposits with banks 989 1,452
Total interest income 278,476 147,800
Interest expense:    
Deposits 11,257 14,437
Federal funds purchased and securities sold under agreements to repurchase 351 615
Corporate and subordinated debentures 4,870 1,192
Other borrowings   3,543
Total interest expense 16,478 19,787
Net interest income 261,998 128,013
(Recovery) provision for credit losses (58,420) 36,533
Net interest income after (recovery) provision for credit losses 320,418 91,480
Noninterest income:    
Other 6,797 3,461
Total noninterest income 96,285 44,132
Noninterest expense:    
Salaries and employee benefits 140,361 60,978
Occupancy expense 23,331 12,287
Information services expense 18,789 9,306
OREO expense and loan related 1,002 587
Amortization of intangibles 9,164 3,007
Supplies, printing and postage expense 2,670 1,505
Professional fees 3,274 2,494
FDIC assessment and other regulatory charges 3,771 2,058
Advertising and marketing 1,740 814
Merger and branch consolidation related expense 10,009 4,129
Other 14,600 10,082
Total noninterest expense 228,711 107,247
Earnings:    
Income before provision for income taxes 187,992 28,365
Provision for income taxes 41,043 4,255
Net income $ 146,949 $ 24,110
Earnings per common share:    
Basic (in dollars per share) $ 2.07 $ 0.72
Diluted (in dollars per share) $ 2.06 $ 0.71
Weighted average common shares outstanding:    
Basic (in shares) 71,009 33,566
Diluted (in shares) 71,484 33,805
Fees on deposit accounts    
Noninterest income:    
Noninterest income $ 25,282 $ 18,141
Mortgage banking income    
Noninterest income:    
Noninterest income 26,880 14,647
Trust and investment services income    
Noninterest income:    
Noninterest income 8,578 7,389
Correspondent banking and capital market income    
Noninterest income:    
Noninterest income $ 28,748 $ 494