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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Interest income:      
Loans and leases $ 242,772 $ 258,348 $ 234,455
Investment securities, taxable 18,080 20,946 19,356
Investment securities, tax-exempt 895 1,351 1,857
Other 1,284 2,232 1,648
Total interest income 263,031 282,877 257,316
Interest expense:      
Deposits 30,459 50,495 34,631
Short-term borrowings 517 1,934 2,838
Subordinated notes 3,367 3,677 3,625
Long-term debt and mandatorily redeemable securities 2,868 2,905 2,316
Total interest expense 37,211 59,011 43,410
Net interest income 225,820 223,866 213,906
Provision for credit losses 36,001 15,833 19,462
Net interest income after provision for credit losses 189,819 208,033 194,444
Noninterest income:      
Mortgage banking 15,674 4,698 3,844
Insurance commissions 7,025 6,761 6,502
Income related to lease payments 23,380 30,741 31,793
Gains (losses) on investment securities available-for-sale 279 0 (345)
Other 11,949 13,019 10,362
Total noninterest income 103,889 101,130 97,050
Noninterest expense:      
Salaries and employee benefits 101,556 97,098 93,857
Net occupancy 10,276 10,528 10,041
Furniture and equipment 25,688 24,815 23,433
Professional fees 6,317 6,952 7,680
Supplies and communication 5,563 6,454 6,320
FDIC and other insurance 2,606 1,795 2,923
Business development and marketing 4,157 6,303 6,112
Loan and lease collection and repossession 3,099 3,402 3,375
Other 7,902 6,534 6,478
Total noninterest expense 187,367 189,009 186,467
Income before income taxes 106,341 120,154 105,027
Income tax expense 24,880 28,139 22,613
Net income 81,461 92,015 82,414
Net (income) loss attributable to noncontrolling interests (24) (55) 0
Net income available to common shareholders $ 81,437 $ 91,960 $ 82,414
Basic net income per common share, in dollars per share $ 3.17 $ 3.57 $ 3.16
Diluted net income per common share, in dollars per share $ 3.17 $ 3.57 $ 3.16
Trust and wealth advisory      
Noninterest income:      
Trust and wealth advisory, service charges on deposit accounts, and debit card income $ 21,114 $ 20,692 $ 21,071
Service charges on deposit accounts      
Noninterest income:      
Trust and wealth advisory, service charges on deposit accounts, and debit card income 9,485 11,010 10,454
Debit card      
Noninterest income:      
Trust and wealth advisory, service charges on deposit accounts, and debit card income 14,983 14,209 13,369
Leased equipment      
Noninterest expense:      
Depreciation $ 20,203 $ 25,128 $ 26,248