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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      
Interest and fees on loans $ 337,749 $ 368,854 $ 400,923
Interest and dividends on investment securities 23,205 18,440 21,037
Interest on balances with other banks and short-term investments 3,511 2,601 7,438
Interest on federal funds sold 31 91 232
Total interest income 364,496 389,986 429,630
Interest Expense      
Interest on deposits 27,772 53,566 91,026
Interest on customer repurchase agreements 51 293 345
Interest on short-term borrowings 2,008 1,869 2,298
Interest on long-term borrowings 10,151 12,696 11,916
Total interest expense 39,982 68,424 105,585
Net Interest Income 324,514 321,562 324,045
Provision (reversal) for Credit Losses (20,821) 45,571 13,091
Provision (reversal) for Unfunded Commitments (1,119) 1,380 0
Net Interest Income After Provision For Credit Losses 346,454 274,611 310,954
Noninterest Income      
Service charges on deposits 4,562 4,416 6,247
Gain on sale of loans 14,045 22,089 8,474
Gain on sale of investment securities 2,964 1,815 1,517
Increase in the cash surrender value of bank owned life insurance 2,059 2,071 1,703
Other income 16,755 15,305 7,758
Total noninterest income 40,385 45,696 25,699
Noninterest Expense      
Salaries and employee benefits 88,398 74,440 79,842
Premises and equipment expenses 14,876 15,715 14,387
Marketing and advertising 4,165 4,278 4,826
Data processing 11,709 10,702 9,412
Legal, accounting and professional fees 11,510 16,406 12,195
FDIC insurance 5,897 7,941 3,206
Other expenses 12,610 14,680 15,994
Total noninterest expense 149,165 144,162 139,862
Income (Loss) Before Income Tax (Benefit) and Equity in Undistributed Income of Subsidiaries 237,674 176,145 196,791
Income Tax Expense 60,983 43,928 53,848
Net Income $ 176,691 $ 132,217 $ 142,943
Earnings Per Common Share      
Basic (in dollars per share) $ 5.53 $ 4.09 $ 4.18
Diluted (in dollars per share) $ 5.52 $ 4.09 $ 4.18