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Consolidated Statements Of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Interest income    
Interest and fees on loans $ 274,100 $ 301,839
Mortgage loans held-for-sale 9,036 3,165
Interest-bearing deposits with banks 1,199 4,768
Federal funds sold and securities purchased under resale agreements 0 86
Investment securities 19,264 32,467
Trading account securities 2 7
Federal Home Loan Bank and Federal Reserve Bank stock 1,745 1,577
Brokerage customer receivables 123 158
Total interest income 305,469 344,067
Interest expense    
Interest on deposits 27,944 67,435
Interest on Federal Home Loan Bank advances 4,840 3,360
Interest on other borrowings 2,609 3,546
Interest on subordinated notes 5,477 5,472
Interest on junior subordinated debentures 2,704 2,811
Total interest expense 43,574 82,624
Net interest income 261,895 261,443
Provision for credit losses (45,347) 52,961
Net interest income after provision for credit losses 307,242 208,482
Non-interest income    
Revenue from contracts with customers 47,768 43,655
Mortgage banking 113,494 48,326
Gains (losses) on investment securities, net 1,154 (4,359)
Fees from covered call options 0 2,292
Trading gains (losses), net 419 (451)
Operating lease income, net 14,440 11,984
Other 15,654 18,244
Total non-interest income 186,506 113,242
Non-interest expense    
Salaries and employee benefits 180,809 136,762
Equipment 20,912 14,834
Operating lease equipment depreciation 10,771 9,260
Occupancy, net 19,996 17,547
Data processing 6,048 8,373
Advertising and marketing 8,546 10,862
Professional fees 7,587 6,721
Amortization of other intangible assets 2,007 2,863
FDIC insurance 6,558 4,135
OREO expense, net (251) (876)
Other 23,906 24,160
Total non-interest expense 286,889 234,641
Income before taxes 206,859 87,083
Income tax expense 53,711 24,271
Net income 153,148 62,812
Preferred stock dividends 6,991 2,050
Net income applicable to common shares $ 146,157 $ 60,762
Net income per common share-Basic (usd per share) $ 2.57 $ 1.05
Net income per common share-Diluted (usd per share) 2.54 1.04
Cash dividends declared per common share (usd per share) $ 0.31 $ 0.28
Weighted average common shares outstanding (in shares) 56,904 57,620
Dilutive potential common shares (in shares) 681 575
Average common shares and dilutive common shares (in shares) 57,585 58,195
Wealth management    
Non-interest income    
Revenue from contracts with customers $ 29,309 $ 25,941
Service charges on deposit accounts    
Non-interest income    
Revenue from contracts with customers $ 12,036 $ 11,265