Business Segments (Tables)

6 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Financial Information by Business Segment

Condensed financial information by business segment is presented below:

				Trust and
	Community			Investment
(unaudited, in thousands)	Banking			Services		Consolidated
For The Three Months Ended June 30, 2021
Interest and dividend income	$	123,327		$	—	$	123,327
Interest expense		7,472			—		7,472
Net interest income		115,855			—		115,855
Provision for credit losses		(21,025	)		—		(21,025	)
Net interest income after provision for credit losses		136,880			—		136,880
Non-interest income		28,963			7,149		36,112
Non-interest expense		79,818			3,994		83,812
Income before provision for income taxes		86,025			3,155		89,180
Provision for income taxes		17,929			663		18,592
Net income		68,096			2,492		70,588
Preferred stock dividends		2,531			—		2,531
Net income available to common shareholders	$	65,565		$	2,492	$	68,057
For The Three Months Ended June 30, 2020
Interest and dividend income	$	134,694		$	—	$	134,694
Interest expense		15,681			—		15,681
Net interest income		119,013			—		119,013
Provision for credit losses		61,841			—		61,841
Net interest income after provision for credit losses		57,172			—		57,172
Non-interest income		26,659			6,201		32,860
Non-interest expense		81,588			3,914		85,502
Income before provision for income taxes		2,243			2,287		4,530
Provision for income taxes		(438	)		480		42
Net income available to common shareholders	$	2,681		$	1,807	$	4,488
For the Six Months Ended June 30, 2021
Interest and dividend income	$	248,382		$	—	$	248,382
Interest expense		16,050			—		16,050
Net interest income		232,332			—		232,332
Provision for credit losses		(48,984	)		—		(48,984	)
Net interest income after provision for credit losses		281,316			—		281,316
Non-interest income		54,540			14,780		69,320
Non-interest expense		161,829			8,310		170,139
Income before provision for income taxes		174,027			6,470		180,497
Provision for income taxes		35,434			1,359		36,793
Net income		138,593			5,111		143,704
Preferred stock dividends		5,063			—		5,063
Net income available to common shareholders	$	133,530		$	5,111	$	138,641
For the Six Months Ended June 30, 2020
Interest and dividend income	$	277,142		$	—	$	277,142
Interest expense		37,968			—		37,968
Net interest income		239,174			—		239,174
Provision for credit losses		91,661			—		91,661
Net interest income after provision for credit losses		147,513			—		147,513
Non-interest income		47,715			13,154		60,869
Non-interest expense		168,505			8,330		176,835
Income before provision for income taxes		26,723			4,824		31,547
Provision for income taxes		2,650			1,013		3,663
Net income available to common shareholders	$	24,073		$	3,811	$	27,884