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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
INTEREST AND DIVIDEND INCOME      
Loans, including fees $ 415,965 $ 465,677 $ 393,166
Interest and dividends on securities:      
Taxable 50,401 53,594 65,648
Tax-exempt 16,161 16,999 20,006
Total interest and dividends on securities 66,562 70,593 85,654
Other interest income 2,440 5,007 5,433
Total interest and dividend income 484,967 541,277 484,253
INTEREST EXPENSE      
Interest bearing demand deposits 3,669 7,069 16,805
Money market deposits 1,803 4,616 8,024
Savings deposits 1,031 1,802 2,995
Certificates of deposit 7,623 13,562 15,631
Total interest expense on deposits 14,126 27,049 43,455
Federal Home Loan Bank borrowings 6,167 24,701 26,548
Other short-term borrowings 227 1,729 5,401
Subordinated debt and junior subordinated debt 6,514 8,318 8,945
Total interest expense 27,034 61,797 84,349
NET INTEREST INCOME 457,933 479,480 399,904
Provision for credit losses (64,274) 107,741 11,198
Net interest income after provision for credit losses 522,207 371,739 388,706
NON-INTEREST INCOME      
Trust fees 29,511 26,335 26,579
Service charges on deposits 22,412 21,943 26,974
Electronic banking fees 19,318 17,524 22,634
Net securities brokerage revenue 6,896 6,189 6,990
Bank-owned life insurance 8,936 7,359 5,913
Mortgage banking income 19,528 22,736 8,219
Net securities gains 1,113 4,268 4,320
Net gains on other real estate owned and other assets 4,816 103 732
Other income 20,255 21,728 14,355
Total non-interest income 132,785 128,185 116,716
NON-INTEREST EXPENSE      
Salaries and wages 154,242 153,166 132,485
Employee benefits 41,033 41,723 39,313
Net occupancy 26,843 27,580 22,505
Equipment and software 30,006 24,801 20,494
Marketing 8,634 5,957 6,062
FDIC insurance 4,150 7,734 1,956
Amortization of intangible assets 11,457 13,411 10,340
Restructuring and merger-related expense 6,717 9,725 16,397
Other operating expenses 70,061 70,748 62,656
Total non-interest expense 353,143 354,845 312,208
Income before provision for income taxes 301,849 145,079 193,214
Provision for income taxes 59,589 23,035 34,341
Net income 242,260 122,044 158,873
Preferred stock dividends 10,125 2,644  
Net income available to common shareholders $ 232,135 $ 119,400 $ 158,873
EARNINGS PER COMMON SHARE      
Basic $ 3.54 $ 1.78 $ 2.83
Diluted $ 3.53 $ 1.77 $ 2.83
AVERAGE COMMON SHARES OUTSTANDING      
Basic 65,520,527 67,260,796 56,108,084
Diluted 65,669,970 67,310,584 56,214,364
DIVIDENDS DECLARED PER COMMON SHARE $ 1.32 $ 1.28 $ 1.24