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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Interest income:        
Loans $ 107,937 $ 112,047 $ 326,209 $ 347,014
Mortgage-backed securities 3,060 1,498 7,657 5,890
Investment securities and other 1,142 1,392 2,718 7,422
Total interest income 112,139 114,937 336,584 360,326
Interest expense:        
Deposits 8,691 14,620 31,175 46,685
Securities sold under agreements to repurchase 0 0 0 1,335
Advances from FHLB and other borrowings 450 476 1,361 1,521
Subordinated capital notes 293 308 882 1,091
Total interest expense 9,434 15,404 33,418 50,632
Net interest income 102,705 99,533 303,166 309,694
(Recapture) provision for credit losses (4,997) 13,669 (6,978) 78,496
Net interest income after (recapture) provision for credit losses 107,702 85,864 310,144 231,198
Non-interest income:        
Banking service revenue 18,198 16,297 52,939 45,678
Wealth management revenue 7,619 7,272 23,270 20,924
Mortgage banking activities 6,195 3,917 16,303 10,223
Total banking and financial service revenues 32,012 27,486 92,512 76,825
Net gain on:        
Sale of securities 0 0 0 4,728
Bargain purchase from Scotiabank acquistion 0 3,465 0 7,336
Other non-interest income 505 375 2,603 1,039
Total non-interest income, net 32,517 31,326 95,115 89,928
Non-interest expense:        
Compensation and employee benefits 33,745 31,955 99,282 102,005
Occupancy, equipment and infrastructure costs 12,078 11,943 37,734 35,220
Electronic banking charges 9,615 8,734 27,163 26,284
Information technology expenses 3,621 5,381 13,407 16,259
Professional and service fees 5,003 3,331 14,938 12,596
Taxes, other than payroll and income taxes 3,257 3,774 10,535 10,123
Insurance 2,530 2,428 7,659 8,667
Foreclosed real estate and other repossessed assets (income) expenses (2,163) 1,323 (1,885) 6,763
Loan servicing and clearing expenses 1,908 2,345 5,690 4,836
Advertising, business promotion, and strategic initiatives 1,646 1,481 4,783 4,643
Communication 1,327 1,117 3,332 2,993
Printing, postage, stationary and supplies 878 1,094 3,037 2,767
Director and investor relations 243 302 867 928
Merger and restructuring charges 0 2,681 0 5,991
Pandemic expenses 1,223 2,090 4,523 4,291
Other 4,013 3,465 8,201 11,881
Total non-interest expense 78,924 83,444 239,266 256,247
Income (loss) before income taxes 61,295 33,746 165,993 64,879
Income tax expense 19,624 6,308 53,122 13,853
Net income 41,671 27,438 112,871 51,026
Less: dividends on preferred stock 0 (1,628) (1,255) (4,884)
Income available to common shareholders $ 41,671 $ 25,810 $ 111,616 $ 46,142
Earnings per common share:        
Basic $ 0.82 $ 0.50 $ 2.18 $ 0.90
Diluted $ 0.81 $ 0.50 $ 2.15 $ 0.89
Average common shares outstanding and equivalents 51,516 51,527 51,748 51,563
Cash dividends per share of common stock $ 0.12 $ 0.07 $ 0.28 $ 0.21