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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Interest Income      
Loans $ 426,003 $ 448,041 $ 428,197
Taxable securities 81,578 69,864 55,969
Tax-exempt securities 9,567 10,735 12,201
Deposits in banks 661 1,312 702
Total interest income 517,809 529,952 497,069
Interest Expense      
Deposits 9,367 22,146 12,105
FHLB advances and FRB borrowings 6,264 11,861 3,750
Subordinated debentures 1,871 1,871 1,871
Other borrowings 196 669 504
Total interest expense 17,698 36,547 18,230
Net Interest Income 500,111 493,405 478,839
Provision for credit losses 77,700 3,493 14,769
Net interest income after provision for credit losses 422,411 489,912 464,070
Noninterest Income      
Deposit account and treasury management fees 27,019 35,695 36,072
Card revenue 13,928 15,198 19,719
Financial services and trust revenue 12,830 12,799 12,135
Loan revenue 24,802 13,465 11,866
Bank owned life insurance 6,418 6,294 6,007
Investment securities gains (losses), net 16,710 2,132 (89)
Other 2,793 11,598 2,546
Total noninterest income 104,500 97,181 88,256
Noninterest Expense      
Compensation and employee benefits 209,722 212,867 200,199
Occupancy 36,013 35,176 36,576
Data processing 19,370 19,164 20,235
Legal and professional fees 12,158 21,645 18,044
Amortization of intangibles 8,724 10,479 12,236
Business and Occupation taxes 4,970 5,846 5,664
Advertising and promotion 4,466 4,925 5,584
Regulatory premiums 2,956 1,920 3,710
Net cost (benefit) of operation of OREO (315) (692) 1,218
Other 36,455 34,152 37,024
Total noninterest expense 334,519 345,482 340,490
Income before income taxes 192,392 241,611 211,836
Income tax provision 38,148 47,160 38,954
Net Income $ 154,244 $ 194,451 $ 172,882
Per Common Share      
Basic earnings per common share $ 2.17 $ 2.68 $ 2.36
Diluted earnings per common share $ 2.17 $ 2.68 $ 2.36
Weighted average number of common shares outstanding 70,835 71,999 72,385
Weighted average number of diluted common shares outstanding 70,880 72,032 72,390