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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
INTEREST AND DIVIDEND INCOME    
Loans, including fees $ 109,358 $ 119,503
Interest and dividends on securities:    
Taxable 11,127 16,986
Tax-exempt 3,910 4,456
Total interest and dividends on securities 15,037 21,442
Other interest income 659 1,503
Total interest and dividend income 125,054 142,448
INTEREST EXPENSE    
Interest bearing demand deposits 1,043 3,394
Money market deposits 578 2,352
Savings deposits 264 923
Certificates of deposit 2,370 4,054
Total interest expense on deposits 4,255 10,723
Federal Home Loan Bank borrowings 2,414 8,232
Other short-term borrowings 118 870
Subordinated debt and junior subordinated debt 1,789 2,461
Total interest expense 8,576 22,286
NET INTEREST INCOME 116,478 120,162
Provision for credit losses (27,958) 29,821
Net interest income after provision for credit losses 144,436 90,341
NON-INTEREST INCOME    
Electronic banking fees 4,365 4,254
Net securities brokerage revenue 1,524 1,679
Bank-owned life insurance 1,709 1,769
Mortgage banking income 4,264 1,276
Net securities gains 279 1,491
Net gain on other real estate owned and other assets 175 169
Other income 8,367 3,802
Total non-interest income 33,208 28,009
NON-INTEREST EXPENSE    
Salaries and wages 36,890 38,910
Employee benefits 10,266 10,373
Net occupancy 7,177 7,084
Equipment and software 6,765 6,039
Marketing 2,384 1,138
FDIC insurance 1,282 2,113
Amortization of intangible assets 2,896 3,374
Restructuring and merger-related expense 851 5,164
Other operating expenses 17,816 17,138
Total non-interest expense 86,327 91,333
Income before provision for income taxes 91,317 27,017
Provision for income taxes 18,202 3,621
Net income 73,115 23,396
Preferred stock dividends 2,531  
Net income available to common shareholders $ 70,584 $ 23,396
EARNINGS PER COMMON SHARE    
Basic $ 1.05 $ 0.35
Diluted $ 1.05 $ 0.35
AVERAGE COMMON SHARES OUTSTANDING    
Basic 67,263,714 67,486,550
Diluted 67,355,418 67,587,446
DIVIDENDS DECLARED PER COMMON SHARE $ 0.33 $ 0.32
COMPREHENSIVE INCOME $ 51,559 $ 63,336
Total Trust Fees [Member]    
NON-INTEREST INCOME    
NON-INTEREST INCOME 7,631 6,952
Service Charges on Deposits [Member]    
NON-INTEREST INCOME    
NON-INTEREST INCOME $ 4,894 $ 6,617