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Condensed Consolidated Statements of Earnings and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Interest income:        
Loans and leases, including fees $ 88,390 $ 94,200 $ 271,911 $ 281,669
Investment securities:        
Investment securities available-for-sale 9,813 8,447 28,382 26,945
Investment securities held-to-maturity 5,188 3,375 14,258 11,033
Total investment income 15,001 11,822 42,640 37,978
Dividends from FHLB stock 258 215 758 761
Interest-earning deposits with other institutions 898 389 1,790 1,285
Total interest income 104,547 106,626 317,099 321,693
Interest expense:        
Deposits 1,113 2,958 4,350 10,077
Borrowings and customer repurchase agreements 135 232 408 972
Junior subordinated debentures 0 111 186 444
Total interest expense 1,248 3,301 4,944 11,493
Net interest income before (recapture of) provision for credit losses 103,299 103,325 312,155 310,200
(Recapture of) provision for credit losses (4,000) 0 (25,500) 23,500
Net interest income after (recapture of)  provision for credit losses 107,299 103,325 337,655 286,700
Noninterest income:        
BOLI income 1,229 1,469 7,093 5,211
Gain on OREO, net 0 13 477 23
Gain on sale of building, net   1,680   1,680
Other 1,581 3,160 4,942 8,736
Total noninterest income 10,483 13,153 35,000 36,945
Noninterest expense:        
Salaries and employee benefits 29,741 31,034 88,283 90,617
Occupancy and equipment 5,122 5,275 14,934 15,143
Professional services 1,626 2,019 6,042 6,643
Computer software expense 3,020 2,837 8,521 8,407
Marketing and promotion 857 728 3,381 3,538
Amortization of intangible assets 2,014 2,292 6,348 7,182
(Recapture of) provision for unfunded loan commitments 0 0 (1,000) 0
Acquisition related expenses 809 0 809 0
Other 4,910 5,403 14,489 13,097
Total noninterest expense 48,099 49,588 141,807 144,627
Earnings before income taxes 69,683 66,890 230,848 179,018
Income taxes 19,930 19,398 66,023 51,915
Net earnings 49,753 47,492 164,825 127,103
Other comprehensive (loss) income:        
Unrealized gain (loss) on securities arising during the period, before tax (14,443) (2,004) (45,816) 33,334
Less: Income tax (expense) benefit related to items of other comprehensive income 4,270 593 13,545 (9,855)
Other comprehensive income (loss), net of tax (10,173) (1,411) (32,271) 23,479
Comprehensive income $ 39,580 $ 46,081 $ 132,554 $ 150,582
Basic earnings per common share $ 0.37 $ 0.35 $ 1.21 $ 0.93
Diluted earnings per common share $ 0.37 $ 0.35 $ 1.21 $ 0.93
Service Charges on Deposit Accounts [Member]        
Noninterest income:        
Revenue from contract with customer, including assessed tax $ 4,513 $ 3,970 $ 12,667 $ 12,555
Trust and Investment Services [Member]        
Noninterest income:        
Revenue from contract with customer, including assessed tax 2,681 2,405 8,459 7,302
Bankcard Services [Member]        
Noninterest income:        
Revenue from contract with customer, including assessed tax $ 479 $ 456 $ 1,362 $ 1,438