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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Interest income:      
Loans and leases $ 235,031 $ 242,772 $ 258,348
Investment securities, taxable 17,767 18,080 20,946
Investment securities, tax-exempt 601 895 1,351
Other 1,373 1,284 2,232
Total interest income 254,772 263,031 282,877
Interest expense:      
Deposits 12,276 30,459 50,495
Short-term borrowings 115 517 1,934
Subordinated notes 3,267 3,367 3,677
Long-term debt and mandatorily redeemable securities 2,476 2,868 2,905
Total interest expense 18,134 37,211 59,011
Net interest income 236,638 225,820 223,866
(Recovery of) provision for credit losses (4,303) 36,001 15,833 [1]
Net interest income after provision for credit losses 240,941 189,819 208,033
Noninterest income:      
Mortgage banking 11,822 15,674 4,698
Insurance commissions 7,247 7,025 6,761
Income related to lease payments 16,647 23,380 30,741
(Losses) gains on investment securities available-for-sale (680) 279 0
Other 12,560 11,949 13,019
Total noninterest income 100,092 103,889 101,130
Noninterest expense:      
Salaries and employee benefits 105,808 101,556 97,098
Net occupancy 10,524 10,276 10,528
Furniture and equipment 25,854 25,688 24,815
Depreciation - leased equipment 13,694 20,203 25,128
Professional fees 8,676 6,317 6,952
Supplies and communication 5,942 5,563 6,454
FDIC and other insurance 2,677 2,606 1,795
Business development and marketing 8,013 4,157 6,303
Loan and lease collection and repossession 30 3,099 3,402
Other 4,930 7,902 6,534
Total noninterest expense 186,148 187,367 189,009
Income before income taxes 154,885 106,341 120,154
Income tax expense 36,328 24,880 28,139
Net income 118,557 81,461 92,015
Net (income) loss attributable to noncontrolling interests (23) (24) (55)
Net income available to common shareholders $ 118,534 $ 81,437 $ 91,960
Basic net income per common share, in dollars per share $ 4.70 $ 3.17 $ 3.57
Diluted net income per common share, in dollars per share $ 4.70 $ 3.17 $ 3.57
Trust and wealth advisory      
Noninterest income:      
Trust and wealth advisory, service charges on deposit accounts, and debit card income $ 23,782 $ 21,114 $ 20,692
Service charges on deposit accounts      
Noninterest income:      
Trust and wealth advisory, service charges on deposit accounts, and debit card income 10,589 9,485 11,010
Debit card      
Noninterest income:      
Trust and wealth advisory, service charges on deposit accounts, and debit card income $ 18,125 $ 14,983 $ 14,209
[1] ASU 2016-13 adopted during 2020 therefore 2019 provision amount reflects the incurred method.