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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Interest income:    
Loans, including fees $ 81,488 $ 92,114
Investment securities:    
Taxable 13,190 4,875
Tax-exempt 350 395
Other interest income 1,404 490
Total interest income 96,432 97,874
Interest expense:    
Savings deposits 1,101 929
Time deposits 2,504 3,198
Securities sold under repurchase agreements 184 141
Other borrowings 1,888 1,889
Junior subordinated deferrable interest debentures 709 708
Total interest expense 6,386 6,865
Net interest income 90,046 91,009
Provision for credit losses 1,481 1,192
Net interest income after provision for credit losses 88,565 89,817
Non-interest income:    
Investment securities transactions, net   (4)
Other investments, net 2,882 4,085
Other income 9,092 3,630
Total non-interest income 43,512 36,237
Non-interest expense:    
Employee compensation and benefits 31,119 30,162
Occupancy 6,272 5,617
Depreciation of bank premises and equipment 5,475 6,799
Professional fees 2,318 2,836
Deposit insurance assessments 1,057 887
Net operations, other real estate owned (408) 1,245
Advertising 1,440 1,423
Software and software maintenance 4,177 4,440
Other 12,668 8,776
Total non-interest expense 64,118 62,185
Income before income taxes 67,959 63,869
Provision for income taxes 14,466 13,098
Net income $ 53,493 $ 50,771
Basic earnings per common share:    
Weighted average number of shares outstanding (in shares) 63,352,240 63,307,455
Net income (in dollars per share) $ 0.84 $ 0.80
Fully diluted earnings per common share:    
Weighted average number of shares outstanding (in shares) 63,498,268 63,419,706
Net income (in dollars per share) $ 0.84 $ 0.80
Services charges on deposit accounts    
Non-interest income:    
Service charges $ 17,257 $ 14,903
Other service charges, commissions and fees, Banking    
Non-interest income:    
Service charges 12,516 12,183
Other service charges, commissions and fees, Non-banking    
Non-interest income:    
Service charges $ 1,765 $ 1,440