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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Interest Income        
Interest and Fees on Loans and Leases $ 100,894 $ 107,628 $ 200,193 $ 215,838
Income on Investment Securities        
Available-for-Sale 16,467 14,576 32,304 31,287
Held-to-Maturity 13,576 16,723 26,876 35,975
Deposits   1 7 10
Funds Sold 260 92 397 638
Other 182 125 367 343
Total Interest Income 131,379 139,145 260,144 284,091
Interest Expense        
Deposits 4,152 7,954 8,481 22,214
Securities Sold Under Agreements to Repurchase 3,470 4,020 7,003 8,045
Funds Purchased   18 1 90
Short-Term Borrowings   22   61
Other Debt 243 440 576 1,024
Total Interest Expense 7,865 12,454 16,061 31,434
Net Interest Income 123,514 126,691 244,083 252,657
Provision for Credit Losses (16,100) 40,400 (30,400) 74,000
Net Interest Income After Provision for Credit Losses 139,614 86,291 274,483 178,657
Noninterest Income        
Trust and Asset Management 11,682 10,550 22,960 21,465
Mortgage Banking 3,058 4,278 8,920 6,973
Service Charges on Deposit Accounts 6,065 5,097 12,193 12,548
Fees, Exchange, and Other Service Charges 13,807 9,417 27,414 22,617
Investment Securities Gains, Net 2,423 13,216 1,220 12,246
Annuity and Insurance 911 883 1,613 1,811
Bank-Owned Life Insurance 2,063 1,649 3,980 3,229
Other 4,422 6,178 9,101 16,528
Total Noninterest Income 44,431 51,268 87,401 97,417
Noninterest Expense        
Salaries and Benefits 56,161 50,715 112,412 105,178
Net Occupancy 5,047 8,761 14,137 17,716
Net Equipment 8,796 8,195 17,674 16,651
Data Processing 4,557 4,416 10,879 9,204
Professional Fees 3,114 3,061 6,520 6,269
FDIC Insurance 1,669 1,558 3,323 3,014
Other 17,183 12,186 30,447 27,172
Total Noninterest Expense 96,527 88,892 195,392 185,204
Income Before Provision for Income Taxes 87,518 48,667 166,492 90,870
Provision for Income Taxes 19,985 9,759 39,010 17,220
Net Income $ 67,533 $ 38,908 $ 127,482 $ 73,650
Basic Earnings Per Common Share $ 1.69 $ 0.98 $ 3.20 $ 1.86
Diluted Earnings Per Common Share 1.68 0.98 3.18 1.85
Dividends Declared Per Common Share $ 0.67 $ 0.67 $ 1.34 $ 1.34
Basic Weighted Average Common Shares 39,902,583 39,703,735 39,865,268 39,692,695
Diluted Weighted Average Common Shares 40,122,905 39,832,475 40,096,527 39,873,334