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Consolidated Statements of Income and Comprehensive Income (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Interest income    
Interest and fees on loans $ 171,157 $ 171,242
Interest on taxable securities 6,118 10,082
Interest on nontaxable securities 141 157
Interest on deposits in other banks and federal funds sold 534 1,287
Total interest income 177,950 182,768
Interest expense    
Interest on deposits 6,798 24,102
Interest on other borrowings 6,175 10,721
Total interest expense 12,973 34,823
Net interest income 164,977 147,945
Provision for loan losses (16,579) 37,047
Provision for unfunded commitments (11,839) 4,000
Provision for other credit losses (173) 0
Provision for credit losses (28,591) 41,047
Net interest income after provision for credit losses 193,568 106,898
Noninterest income    
Service charges on deposit accounts 10,829 11,844
Mortgage banking activity 98,486 35,333
Other service charges, commissions and fees 1,016 961
Net loss on securities (12) (9)
Other noninterest income 7,654 6,250
Total noninterest income 117,973 54,379
Noninterest expense    
Salaries and employee benefits 95,985 75,946
Occupancy and equipment 11,781 12,028
Data processing and communications expenses 11,884 11,954
Credit resolution-related expenses 547 2,198
Advertising and marketing 1,431 2,358
Amortization of intangible assets 4,126 5,631
Merger and conversion charges 0 540
Other noninterest expenses 23,044 27,398
Total noninterest expense 148,798 138,053
Income (loss) before income tax expense 162,743 23,224
Income tax expense 37,781 3,902
Net income 124,962 19,322
Other comprehensive income (loss)    
Net unrealized holding gains (losses) arising during period on investment securities available for sale, net of tax expense (benefit) of $(1,972) and $5,756 (7,415) 21,653
Net unrealized losses on cash flow hedge during the period, net of tax benefit of $0 and $(26) 0 (97)
Total other comprehensive income (loss) (7,415) 21,556
Comprehensive income $ 117,547 $ 40,878
Basic earnings per common share (in dollars per share) $ 1.80 $ 0.28
Diluted earnings per common share (in dollars per share) $ 1.79 $ 0.28
Weighted average common shares outstanding    
Basic (in shares) 69,392 69,248
Diluted (in shares) 69,741 69,502