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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Interest income:      
Loans $ 349,221 $ 279,931 $ 249,549
Mortgage-backed securities 14,037 15,300 16,034
Debt securities, equity investments and other 16,350 13,563 11,071
Total interest income 379,608 308,794 276,654
Interest expense:      
Deposits 48,290 38,432 22,578
Borrowed funds 18,367 14,391 13,574
Total interest expense 66,657 52,823 36,152
Net interest income 312,951 255,971 240,502
Credit loss expense 59,404 1,636 3,490
Net interest income after credit loss expense 253,547 254,335 237,012
Other income:      
Bankcard services revenue 11,417 10,263 9,228
Net gain on sales of loans 8,278 16 668
Net gain (loss) on equity investments 21,214 267 (199)
Net gain (loss) from other real estate operations 35 (330) (3,812)
Income from bank owned life insurance 6,424 5,420 5,105
Commercial loan swap income 8,080 5,285 669
Other 618 642 1,462
Total other income 73,926 42,165 34,827
Operating expenses:      
Compensation and employee benefits 114,155 89,912 83,135
Occupancy 20,782 17,159 17,915
Equipment 7,769 7,719 8,319
Marketing 3,117 3,469 3,415
Federal deposit insurance and regulatory assessments 4,871 2,227 3,713
Data processing 17,467 14,814 13,286
Check card processing 5,458 5,956 4,209
Professional fees 12,247 9,338 4,963
Other operating expense 16,552 14,968 13,509
Amortization of core deposit intangible 6,186 4,027 3,811
FHLB advance prepayment fees 14,257   0
Branch consolidation expenses 7,623 9,050 3,151
Merger related expenses 15,947 10,503 26,911
Total operating expenses 246,431 189,142 186,337
Income before provision for income taxes 81,042 107,358 85,502
Provision for income taxes 17,733 18,784 13,570
Net income 63,309 88,574 71,932
Dividends on preferred shares (2,097) 0 0
Net income available to common stockholders $ (61,212) $ (88,574) $ (71,932)
Basic earnings per share (in dollars per share) $ 1.02 $ 1.77 $ 1.54
Diluted earnings per share (in dollars per share) $ 1.02 $ 1.75 $ 1.51
Average basic shares outstanding (in shares) 59,919 50,166 46,773
Average diluted shares outstanding (in shares) 60,072 50,746 47,657
Trust and asset management revenue      
Other income:      
Trust and asset management revenue and fees and service charges $ 2,052 $ 2,102 $ 2,245
Fees and service charges      
Other income:      
Trust and asset management revenue and fees and service charges $ 15,808 $ 18,500 $ 19,461