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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Interest income      
Interest and fees on loans $ 252,097 $ 284,959 $ 304,193
Interest and dividends on investment securities:      
Taxable interest income 41,787 35,364 41,090
Non-taxable interest income 3,765 4,552 4,631
Other interest income 1,151 1,723 6,320
Total interest income 298,800 326,598 356,234
Interest expense      
Deposits 12,583 30,691 55,077
Federal funds purchased and securities sold under agreements to repurchase 227 660 2,348
Short-term borrowings 279 234 1,041
Long-term debt 657 525 2,608
Senior notes 1,598 1,598 1,599
Subordinated notes 9,918 6,995 2,924
Junior subordinated debt owed to unconsolidated trusts 2,840 2,960 3,414
Total interest expense 28,102 43,663 69,011
Net interest income 270,698 282,935 287,223
Provision for credit losses (15,101) 38,797 10,406
Net interest income after provision for credit losses 285,799 244,138 276,817
Noninterest income      
Income on bank owned life insurance 5,166 5,380 5,795
Net gains (losses) on sales of securities 29 1,724 741
Unrealized gains (losses) recognized on equity securities 3,041 (393) (759)
Other income 10,292 8,356 8,048
Total noninterest income 132,804 118,265 116,415
Noninterest expense      
Salaries, wages, and employee benefits 145,312 126,719 140,473
Data processing 21,862 16,426 21,511
Net occupancy expense of premises 18,346 17,607 18,176
Furniture and equipment expenses 8,301 9,550 9,506
Professional fees 7,549 8,396 11,104
Amortization of intangible assets 11,274 10,008 9,547
Interchange expense 5,792 4,810 4,141
Other expense 43,344 40,681 44,336
Total noninterest expense 261,780 234,197 258,794
Income before income taxes 156,823 128,206 134,438
Income taxes 33,374 27,862 31,485
Net income $ 123,449 $ 100,344 $ 102,953
Basic earnings per common share (in dollars per share) $ 2.23 $ 1.84 $ 1.88
Diluted earnings per common share (in dollars per share) 2.20 1.83 1.87
Dividends declared per share of common stock (in dollars per share) $ 0.92 $ 0.88 $ 0.84
Wealth management fees      
Noninterest income      
Non-interest income $ 53,086 $ 42,928 $ 38,561
Fees for customer services      
Noninterest income      
Non-interest income 35,604 31,604 36,683
Payment technology solutions      
Noninterest income      
Non-interest income 18,347 15,628 15,643
Mortgage revenue      
Noninterest income      
Mortgage revenue $ 7,239 $ 13,038 $ 11,703