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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Intangible assets amortization $ 9,671 $ 7,359 $ 1,298
Interest income      
Loans and leases, including fees 499,009 447,187 280,111
Investment securities      
Taxable 90,168 79,076 50,568
Tax-exempt 17,596 13,428 5,918
Total interest on investment securities 107,764 92,504 56,486
Other earning assets 805 691 (3,524)
Total interest income 607,578 540,382 333,073
Interest expense      
Deposits 79,032 56,962 35,182
Short-term borrowings 25,235 18,033 8,193
Long-term borrowings 19,057 16,152 6,153
Total interest expense 123,324 91,147 49,528
Net interest income 484,254 449,235 283,545
Provision for loan and lease losses 30,598 14,586 3,582
Net interest income after provision for loan and lease losses 453,656 434,649 279,963
Noninterest income      
Service charges on deposit accounts 37,939 35,108 19,775
Investment Banking, Advisory, Brokerage, and Underwriting Fees and Commissions 15,644 15,082 14,073
Bankcard income 18,804 20,245 13,298
Client derivative fees 15,662 7,682 6,418
Foreign exchange income 7,739 0 0
Net gain from sales of loans 14,851 6,071 5,169
Net gain (loss) on sales/transfers of investment securities (406) (161) 1,649
Other 21,140 19,355 15,760
Total noninterest income 131,373 103,382 76,142
Noninterest expenses      
Salaries and employee benefits 209,061 188,990 137,240
Net occupancy 24,069 24,215 17,397
Furniture and equipment 15,903 14,908 8,443
Data processing 21,881 28,077 14,022
Marketing 6,908 7,598 3,201
Communication 3,267 3,167 1,819
Professional services 11,254 12,272 15,023
State intangible tax 5,829 4,152 2,655
FDIC assessments 1,973 3,969 3,944
Other 32,351 29,103 34,900
Total noninterest expenses 342,167 323,810 239,942
Income before income taxes 242,862 214,221 116,163
Income tax expense 44,787 41,626 19,376
Net income $ 198,075 $ 172,595 $ 96,787
Earnings per common share      
Basic $ 2.01 $ 1.95 $ 1.57
Diluted $ 2.00 $ 1.93 $ 1.56
Average common shares outstanding - basic 98,305,570 88,582,090 61,529,460
Average common shares outstanding - diluted 98,851,471 89,614,205 62,171,590