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Consolidated statements of income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Interest income:        
Interest and fees on loans $ 61,092 $ 66,276 $ 124,846 $ 126,724
Interest on securities        
Taxable 2,619 3,548 5,675 7,117
Tax-exempt 1,590 1,160 3,023 2,304
Other 306 735 1,737 1,507
Total interest income 65,607 71,719 135,281 137,652
Interest expense:        
Deposits 9,309 13,488 21,477 25,343
Borrowings 961 1,208 2,218 2,270
Total interest expense 10,270 14,696 23,695 27,613
Net interest income 55,337 57,023 111,586 110,039
Provision for credit losses 24,039 881 52,003 2,272
Provision for credit losses on unfunded commitments 1,882 0 3,483 0
Net interest income after provisions for credit losses 29,416 56,142 56,100 107,767
Noninterest income:        
(Loss) gain from securities, net (28) 52 35 95
Gain on sales or write-downs of other real estate owned 86 277 137 238
(Loss) gain from other assets (54) (183) (382) 8
Other income 2,487 1,691 5,262 3,484
Total noninterest income 81,491 32,979 124,191 62,018
Noninterest expenses:        
Salaries, commissions and employee benefits 55,258 37,918 98,880 71,615
Occupancy and equipment expense 4,096 4,319 8,274 8,049
Legal and professional fees 1,952 1,694 3,510 3,419
Data processing 2,782 2,643 5,235 5,027
Merger costs 1,586 3,783 4,636 4,404
Amortization of core deposit and other intangibles 1,205 1,254 2,408 1,983
Advertising 2,591 2,434 4,980 5,171
Other expense 11,109 10,074 21,215 19,552
Total noninterest expense 80,579 64,119 149,138 119,220
Income before income taxes 30,328 25,002 31,153 50,565
Income tax expense 7,455 6,314 7,535 12,289
Net income $ 22,873 $ 18,688 $ 23,618 $ 38,276
Earnings per common share        
Basic (in dollars per share) $ 0.71 $ 0.60 $ 0.75 $ 1.24
Diluted (in dollars per share) $ 0.70 $ 0.59 $ 0.74 $ 1.21
Mortgage banking income        
Noninterest income:        
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income $ 72,168 $ 24,526 $ 104,913 $ 45,547
Service charges on deposit accounts        
Noninterest income:        
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income 1,858 2,327 4,421 4,406
ATM and interchange fees        
Noninterest income:        
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income 3,606 3,002 6,740 5,658
Investment services and trust income        
Noninterest income:        
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income $ 1,368 $ 1,287 $ 3,065 $ 2,582