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Condensed Consolidated Statements of Earnings and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Interest income:        
Loans and leases, including fees $ 95,352 $ 101,843 $ 187,469 $ 201,530
Investment securities:        
Investment securities available-for-sale 8,449 10,118 18,498 20,763
Investment securities held-to-maturity 3,660 4,426 7,658 8,951
Total investment income 12,109 14,544 26,156 29,714
Dividends from FHLB stock 214 298 546 630
Interest-earning deposits with other institutions 283 100 896 194
Total interest income 107,958 116,785 215,067 232,068
Interest expense:        
Deposits 2,995 4,093 7,119 7,964
Borrowings and customer repurchase agreements 261 1,377 740 2,987
Junior subordinated debentures 133 258 333 524
Total interest expense 3,389 5,728 8,192 11,475
Net interest income before provision for credit losses 104,569 111,057 206,875 220,593
Provision for credit losses 11,500 2,000 23,500 3,500
Net interest income after provision for credit losses 93,069 109,057 183,375 217,093
Noninterest income:        
BOLI income 1,683 1,349 3,742 2,685
Gain on OREO, net   24 10 129
Gain on sale of building, net     0 4,545
Gain on eminent domain condemnation, net   5,685 0 5,685
Other 3,778 2,603 5,576 4,647
Total noninterest income 12,152 18,205 23,792 34,508
Noninterest expense:        
Salaries and employee benefits 28,706 28,862 59,583 58,164
Occupancy and equipment 5,031 5,427 9,868 10,851
Professional services 2,368 2,040 4,624 3,965
Computer software expense 2,754 2,756 5,570 5,369
Marketing and promotion 1,255 1,238 2,810 2,632
Amortization of intangible assets 2,445 2,833 4,890 5,690
Acquisition related expenses   2,612   5,761
Other 3,839 4,760 7,694 9,700
Total noninterest expense 46,398 50,528 95,039 102,132
Earnings before income taxes 58,823 76,734 112,128 149,469
Income taxes 17,192 22,253 32,517 43,346
Net earnings 41,631 54,481 79,611 106,123
Other comprehensive income:        
Unrealized (loss) gain on securities arising during the period, before tax (1,280) 19,486 35,338 37,713
Less: Income tax benefit (expense) related to items of other comprehensive income 378 (5,761) (10,448) (11,149)
Other comprehensive income (loss), net of tax (902) 13,725 24,890 26,564
Comprehensive income $ 40,729 $ 68,206 $ 104,501 $ 132,687
Basic earnings per common share $ 0.31 $ 0.39 $ 0.58 $ 0.76
Diluted earnings per common share $ 0.31 $ 0.39 $ 0.58 $ 0.76
Service Charges on Deposit Accounts [Member]        
Noninterest income:        
Revenue from contract with customer, including assessed tax $ 3,809 $ 5,065 $ 8,585 $ 10,206
Trust and Investment Services [Member]        
Noninterest income:        
Revenue from contract with customer, including assessed tax 2,477 2,452 4,897 4,634
Bankcard Services [Member]        
Noninterest income:        
Revenue from contract with customer, including assessed tax $ 405 $ 1,027 $ 982 $ 1,977