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Consolidated Statements of Income (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Loans including fees:    
Taxable $ 122,529 $ 128,727
Nontaxable 3,357 3,625
Investment securities:    
Taxable 24,131 27,356
Nontaxable 9,132 7,942
Money market and other interest-earning investments 88 349
Total interest income 159,237 167,999
Interest Expense    
Deposits 3,159 12,298
Federal funds purchased and interbank borrowings 0 1,240
Securities sold under agreements to repurchase 120 384
Federal Home Loan Bank advances 5,409 7,768
Other borrowings 2,429 2,538
Total interest expense 11,117 24,228
Net interest income 148,120 143,771
Provision for credit losses (17,356) 16,950
Net interest income after provision for credit losses 165,476 126,821
Noninterest Income    
Wealth management fees 9,708 8,884
Service charges on deposit accounts 8,124 10,077
Debit card and ATM fees 5,143 4,998
Mortgage banking revenue 16,525 11,119
Investment product fees 5,864 5,874
Capital markets income 3,715 4,328
Company-owned life insurance 2,714 3,080
Debt securities gains (losses), net 1,993 5,174
Other income 2,926 3,968
Total noninterest income 56,712 57,502
Noninterest Expense    
Salaries and employee benefits 68,117 79,173
Occupancy 14,872 15,133
Equipment 3,969 5,305
Marketing 2,062 3,097
Data processing 12,353 9,467
Communication 2,878 2,798
Professional fees 2,724 4,293
FDIC assessment 1,607 1,609
Amortization of intangibles 3,075 3,776
Amortization of tax credit investments 1,202 5,515
Other expense 4,881 28,578
Total noninterest expense 117,740 158,744
Income before income taxes 104,448 25,579
Income tax expense 17,630 2,939
Net income $ 86,818 $ 22,640
Net income per common share - basic (in dollars per share) $ 0.53 $ 0.13
Net income per common share - diluted (in dollars per share) $ 0.52 $ 0.13
Weighted average number of common shares outstanding - basic (in shares) 164,997 167,748
Weighted average number of common shares outstanding - diluted (in shares) 165,707 168,404
Dividends per common share (in dollars per share) $ 0.14 $ 0.14