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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
Loans including fees:      
Taxable $ 490,042 $ 515,980 $ 569,718
Nontaxable 12,392 13,908 15,919
Investment securities:      
Taxable 98,031 98,953 113,832
Nontaxable 37,595 33,899 29,248
Money market and other interest-earning investments 589 568 1,670
Total interest income 638,649 663,308 730,387
Interest Expense      
Deposits 10,954 28,169 69,364
Federal funds purchased and interbank borrowings 0 1,296 5,656
Securities sold under agreements to repurchase 397 854 2,517
Federal Home Loan Bank advances 21,075 27,274 37,452
Other borrowings 9,823 9,621 11,125
Total interest expense 42,249 67,214 126,114
Net interest income 596,400 596,094 604,273
Provision for credit losses [1] (28,812) 38,395 4,747
Net interest income after provision for credit losses 625,212 557,699 599,526
Noninterest Income      
Wealth management fees 40,409 36,806 37,072
Service charges on deposit accounts 34,685 35,081 44,915
Debit card and ATM fees 20,739 20,178 21,652
Mortgage banking revenue 42,558 62,775 26,622
Investment product fees 24,639 21,614 21,785
Capital markets income 21,997 22,480 13,270
Company-owned life insurance 10,589 12,031 11,539
Debt securities gains (losses), net 4,327 10,767 1,923
Other income 14,276 17,542 20,539
Total noninterest income 214,219 239,274 199,317
Noninterest Expense      
Salaries and employee benefits 284,098 293,590 289,452
Occupancy 54,834 55,316 55,255
Equipment 16,704 16,690 16,903
Marketing 12,684 10,874 15,898
Data processing 47,047 41,086 37,589
Communication 10,073 9,731 10,702
Professional fees 20,077 15,755 22,854
FDIC assessment 6,059 6,722 6,030
Amortization of intangibles 11,336 14,091 16,911
Amortization of tax credit investments 6,770 18,788 2,749
Other expense 30,887 58,774 34,144
Total noninterest expense 500,569 541,417 508,487
Income before income taxes 338,862 255,556 290,356
Income tax expense 61,324 29,147 52,150
Net income $ 277,538 $ 226,409 $ 238,206
Net income per common share - basic (in dollars per share) $ 1.68 $ 1.37 $ 1.39
Net income per common share - diluted (in dollars per share) $ 1.67 $ 1.36 $ 1.38
Weighted average number of common shares outstanding - basic (in shares) 165,178 165,509 171,907
Weighted average number of common shares outstanding - diluted (in shares) 165,929 166,177 172,687
Dividends per common share (in dollars per share) $ 0.56 $ 0.56 $ 0.52
[1] Beginning January 1, 2020, with the adoption of CECL, calculation is based on current expected credit loss methodology. Prior to January 1, 2020, calculation was based on incurred loss methodology.