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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Interest and divided income:    
Loans $ 173,787 $ 179,973
Investment securities 23,247 14,320
Money martket investments and interest-bearing cash accounts 820 349
Total interest income and dividend income 197,854 194,642
Interest expense:    
Deposits 7,652 12,342
Securities sold under agreements to repurchase 2,182 2,278
Advances from FHLB 1,063 2,463
Other borrowings 1,333 1,294
Total interest expense 12,230 18,377
Net interest income 185,624 176,265
Provision for credit losses - (benefit) expense:    
Loans and finance leases (16,989) (14,443)
Provision for credit losses - (benefit) expense (13,802) (15,252)
Net interest income after provision for credit losses 199,426 191,517
Non-interest income:    
Service charges and fees on deposit accounts 9,363 8,304
Mortgage banking activities 5,206 7,273
Insurance commission income 5,275 5,241
Other non-interest income 13,014 10,138
Total non-interest income 32,858 30,956
Non-interest expenses:    
Employees' compensation and benefits 49,554 50,842
Occupancy and equipment 22,386 24,242
Business promotion 3,463 2,970
Professional fees 10,594 17,701
Taxes, other than income taxes 5,018 6,199
FDIC deposit insurance 1,673 1,988
Net (gain) loss on OREO and OREO expenses (720) 1,898
Credit and debit card processing expenses 4,121 4,278
Communications 2,151 2,462
Merger and restructuring costs 0 11,267
Other non-interest expenses 8,419 9,454
Total non-interest expenses 106,659 133,301
Income before income taxes 125,625 89,172
Income tax expense 43,025 28,022
Net income 82,600 61,150
Net income attributable to common stockholders $ 82,600 $ 60,481
Net income per common share:    
Basic $ 0.42 $ 0.28
Diluted $ 0.41 $ 0.28
Debt Securities [Member]    
Provision for credit losses - (benefit) expense:    
Other credit losses $ 3,365 $ (103)
Unfunded Loan Commitment [Member]    
Provision for credit losses - (benefit) expense:    
Other credit losses $ (178) $ (706)