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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
Income Statement [Abstract]      
Loans, including fees $ 1,482,567 $ 1,600,462 $ 1,817,285
Investment securities available for sale 140,077 178,575 208,826
Loans held for sale 23,809 15,078 3,254
Federal Reserve Bank balances 3,777 2,839 10,384
Other earning assets 3,113 7,541 10,889
Total interest income 1,653,343 1,804,495 2,050,638
Interest expense:      
Deposits 74,919 217,777 356,949
Federal funds purchased, securities sold under repurchase agreements, and other liabilities 128 7,917 26,185
Long-term debt 45,349 66,053 71,701
Total interest expense 120,396 291,747 454,835
Net interest income 1,532,947 1,512,748 1,595,803
Provision for (reversal of) credit losses [1] (106,251) 355,022 87,720
Net interest income after provision for credit losses 1,639,198 1,157,726 1,508,083
Non-interest revenue:      
Service charges on deposit accounts 86,310 73,132 88,190
Fiduciary and asset management fees 77,147 63,251 58,388
Card fees 51,399 42,702 45,659
Brokerage revenue 56,439 44,781 41,608
Mortgage banking income 54,371 91,413 32,599
Capital markets income 26,118 27,336 30,529
Income from bank-owned life insurance 38,019 31,297 21,226
Investment securities gains (losses), net (799) 78,931 (7,659)
Other non-interest revenue 61,062 53,670 45,360
Total non-interest revenue 450,066 506,513 355,900
Non-interest expense:      
Salaries and other personnel expense 649,426 618,214 570,036
Net occupancy, equipment, and software expense 169,222 169,658 161,906
Third-party processing and other services 86,688 87,992 79,225
Professional fees 32,785 56,899 35,300
FDIC insurance and other regulatory fees 22,355 25,210 31,696
Goodwill impairment 0 44,877 0
Restructuring charges 7,223 26,991 1,230
Merger-related expense 0 0 56,580
Other operating expense 132,205 149,733 162,995
Non-interest expense 1,099,904 1,179,574 1,098,968
Income before income taxes 989,360 484,665 765,015
Income tax expense 228,893 110,970 201,235
Net income 760,467 373,695 563,780
Less: Preferred stock dividends 33,163 33,163 22,881
Net income available to common shareholders $ 727,304 $ 340,532 $ 540,899
Net income per common share, basic (in dollars per share) $ 4.95 $ 2.31 $ 3.50
Net income per common share, diluted (in dollars per share) $ 4.90 $ 2.30 $ 3.47
Weighted average common shares outstanding, basic (in shares) 147,041 147,415 154,331
Weighted average common shares outstanding, diluted (in shares) 148,495 148,210 156,058
[1] Beginning January 1, 2020, provision calculation is based on current expected credit loss methodology. Prior to January 1, 2020, calculation was based on incurred loss methodology.