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Condensed Consolidated Statements of Earnings and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Interest income:    
Loans and leases, including fees $ 92,117 $ 99,687
Investment securities:    
Investment securities available-for-sale 10,049 10,645
Investment securities held-to-maturity 3,998 4,525
Total investment income 14,047 15,170
Dividends from FHLB stock 332 332
Interest-earning deposits with other institutions 613 94
Total interest income 107,109 115,283
Interest expense:    
Deposits 4,124 3,871
Borrowings and customer repurchase agreements 479 1,610
Junior subordinated debentures 200 266
Total interest expense 4,803 5,747
Net interest income before provision for credit losses 102,306 109,536
Provision for credit losses 12,000 1,500
Net interest income after provision for credit losses 90,306 108,036
Noninterest income:    
BOLI income 2,059 1,336
Gain on OREO, net 10 105
Gain on sale of building, net 0 4,545
Other 1,798 2,044
Total noninterest income 11,640 16,303
Noninterest expense:    
Salaries and employee benefits 30,877 29,302
Occupancy and equipment 4,837 5,424
Professional services 2,256 1,925
Software licenses and maintenance 2,816 2,613
Marketing and promotion 1,555 1,394
Amortization of intangible assets 2,445 2,857
Acquisition related expenses 0 3,149
Other 3,855 4,940
Total noninterest expense 48,641 51,604
Earnings before income taxes 53,305 72,735
Income taxes 15,325 21,093
Net earnings 37,980 51,642
Other comprehensive income:    
Unrealized gain on securities arising during the period, before tax 36,618 18,227
Less: Income tax benefit related to items of other comprehensive income (10,826) (5,388)
Other comprehensive income, net of tax 25,792 12,839
Comprehensive income $ 63,772 $ 64,481
Basic earnings per common share $ 0.27 $ 0.37
Diluted earnings per common share $ 0.27 $ 0.37
Service Charges on Deposit Accounts [Member]    
Noninterest income:    
Revenue from contract with customer, including assessed tax $ 4,776 $ 5,141
Trust and Investment Services [Member]    
Noninterest income:    
Revenue from contract with customer, including assessed tax 2,420 2,182
Bankcard Services [Member]    
Noninterest income:    
Revenue from contract with customer, including assessed tax $ 577 $ 950