XML 20 R4.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Interest income:      
Interest and fees on loans $ 270,238 $ 269,406 $ 217,212
Interest on debt securities:      
Taxable 24,629 29,030 17,469
Nontaxable 8,397 3,515 1,074
Interest on interest-earning deposits 620 2,128 1,141
Dividends on equity securities 895 1,055 906
Total interest income 304,779 305,134 237,802
Interest expense:      
Interest Expense, Deposits 21,049 49,856 33,769
Subordinated debentures and notes 9,885 7,507 5,798
FHLB advances 2,673 6,668 5,556
Notes payable and other borrowings 1,171 2,386 774
Total interest expense 34,778 66,417 45,897
Net interest income 270,001 238,717 191,905
Provision for credit losses 65,398 6,372 6,644
Net interest income after provision for credit losses 204,603 232,345 185,261
Noninterest income:      
Total noninterest income 54,503 49,176 38,347
Noninterest expense:      
Employee compensation and benefits 92,288 81,295 66,039
Occupancy 13,457 12,465 9,550
Data processing 9,050 8,242 6,321
Professional fees 3,940 3,683 3,134
Merger Related Expenses 4,174 17,969 1,271
Other 44,250 41,831 32,716
Total noninterest expense 167,159 165,485 119,031
Income before income tax expense 91,947 116,036 104,577
Income tax expense 17,563 23,297 15,360
Net income $ 74,384 $ 92,739 $ 89,217
Earnings per common share      
Basic (usd per share) $ 2.76 $ 3.56 $ 3.86
Diluted (usd per share) $ 2.76 $ 3.55 $ 3.83
Deposit Account [Member]      
Noninterest income:      
Total noninterest income $ 11,717 $ 12,801 $ 11,749
Fiduciary and Trust [Member]      
Noninterest income:      
Total noninterest income 9,732 9,932 8,241
Card Services Revenue [Member]      
Noninterest income:      
Total noninterest income 9,481 9,154 6,686
Tax credit activity, net [Member]      
Noninterest income:      
Total noninterest income 6,611 5,393 2,820
Financial Service, Other [Member]      
Noninterest income:      
Total noninterest income $ 16,962 $ 11,896 $ 8,851