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Condensed Consolidated Statements of Earnings and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Interest income:    
Loans and leases, including fees $ 89,461 $ 91,795
Investment securities:    
Investment securities available-for-sale 12,832 9,159
Investment securities held-to-maturity 10,663 3,940
Total investment income 23,495 13,099
Dividends from FHLB stock 371 217
Interest-earning deposits with other institutions 773 413
Total interest income 114,100 105,524
Interest expense:    
Deposits 1,127 1,812
Borrowings and customer repurchase agreements 133 141
Junior subordinated debentures 0 103
Total interest expense 1,260 2,056
Net interest income before provision for (recapture of) credit losses 112,840 103,468
Provision for (recapture of) credit losses 2,500 (19,500)
Net interest income after provision for (recapture of) credit losses 110,340 122,968
Noninterest income:    
BOLI income 1,349 4,624
Gain on OREO, net 0 429
Other 1,618 1,682
Total noninterest income 11,264 13,681
Noninterest expense:    
Salaries and employee benefits 32,656 29,706
Occupancy and equipment 5,571 4,863
Professional services 2,045 2,168
Computer software expense 3,795 2,844
Marketing and promotion 1,458 725
Amortization of intangible assets 1,998 2,167
Acquisition related expenses 5,638 0
Other 5,077 4,690
Total noninterest expense 58,238 47,163
Earnings before income taxes 63,366 89,486
Income taxes 17,806 25,593
Net earnings 45,560 63,893
Other comprehensive (loss) income:    
Unrealized (loss) gain on securities arising during the period, before tax (202,018) (40,310)
Less: Income tax benefit (expense) related to items of other comprehensive income 59,724 11,917
Other comprehensive (loss), net of tax (142,294) (28,393)
Comprehensive (loss) income $ (96,734) $ 35,500
Basic earnings per common share $ 0.31 $ 0.47
Diluted earnings per common share $ 0.31 $ 0.47
Service Charges on Deposit Accounts [Member]    
Noninterest income:    
Revenue from contract with customer, including assessed tax $ 5,059 $ 3,985
Trust and Investment Services [Member]    
Noninterest income:    
Revenue from contract with customer, including assessed tax 2,822 2,611
Bankcard Services [Member]    
Noninterest income:    
Revenue from contract with customer, including assessed tax $ 416 $ 350