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Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Interest income:        
Real estate secured loans $ 58,897 $ 56,402 $ 162,635 $ 167,051
Commercial loans 20,622 20,104 58,238 63,788
Consumer loans 4,305 4,648 12,024 14,216
Available for sale debt securities, equity securities and Federal Home Loan Bank stock 6,321 7,918 19,669 24,584
Held to maturity debt securities 2,836 3,075 8,661 9,408
Deposits, Federal funds sold and other short-term investments 472 879 1,932 2,038
Total interest income 93,453 93,026 263,159 281,085
Interest expense:        
Deposits 7,400 11,730 26,000 33,940
Borrowed funds 3,862 7,768 13,120 22,055
Subordinated debt 206 0 206 0
Total interest expense 11,468 19,498 39,326 55,995
Net interest income 81,985 73,528 223,833 225,090
Provision for credit losses 6,400 500 32,017 10,200
Net interest income after provision for credit losses 75,585 73,028 191,816 214,890
Non-interest income:        
Fees 5,736 7,634 17,179 20,617
Wealth management income 6,847 6,084 19,075 16,406
Insurance agency income 1,711 0 1,711 0
Bank-owned life insurance 1,644 1,272 4,290 4,253
Net gains on securities transactions 0 0 55 29
Other income 4,688 3,057 9,672 4,764
Total non-interest income 20,626 18,047 51,982 46,069
Non-interest expense:        
Compensation and employee benefits 35,700 29,376 96,095 86,735
Net occupancy expense 6,993 6,413 19,362 19,629
Data processing expense 5,026 4,114 14,439 12,447
FDIC insurance 1,185 0 1,953 1,167
Amortization of intangibles 918 827 2,373 2,161
Advertising and promotion expense 773 1,098 2,774 3,059
Credit loss (benefit) expense for off-balance sheet credit exposures (575) 0 5,714 0
Other operating expenses 9,763 7,910 26,447 22,650
Total non-interest expense 59,783 49,738 169,157 147,848
Income before income tax expense 36,428 41,337 74,641 113,111
Income tax expense 9,285 9,938 18,257 26,429
Net income $ 27,143 $ 31,399 $ 56,384 $ 86,682
Basic earnings per share (usd per share) $ 0.37 $ 0.49 $ 0.84 $ 1.34
Weighted average basic shares outstanding (in shares) 72,519,123 64,511,956 67,093,442 64,720,642
Diluted earnings per share (usd per share) $ 0.37 $ 0.49 $ 0.84 $ 1.34
Weighted average diluted shares outstanding (in shares) 72,604,298 64,632,285 67,173,876 64,852,983