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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Interest income      
Interest and fees on loans $ 676,089 $ 690,909 $ 586,848
Interest on taxable securities 22,524 33,086 40,138
Interest on nontaxable securities 575 623 593
Interest on deposits in other banks 3,882 1,739 8,139
Interest on federal funds sold 42 146 676
Total interest income 703,112 726,503 636,394
Interest expense      
Interest on deposits 22,357 59,067 102,533
Interest on other borrowings 25,428 29,683 28,695
Total interest expense 47,785 88,750 131,228
Net interest income 655,327 637,753 505,166
Provision for loan losses (35,081) 125,488 19,758
Provision for unfunded commitments 332 19,062 0
Provision for other credit losses (616) 830 0
Provision for credit losses (35,365) 145,380 19,758
Net interest income after provision for credit losses 690,692 492,373 485,408
Noninterest income      
Service charges on deposit accounts 45,106 44,145 50,792
Mortgage banking activity 285,900 374,077 119,409
Other service charges, commissions and fees 4,188 3,914 3,566
Net gain (loss) on securities 515 5 138
Gain on sale of SBA loans 6,623 7,226 6,058
Other noninterest income 23,212 17,133 18,150
Total noninterest income 365,544 446,500 198,113
Noninterest expense      
Salaries and employee benefits 337,776 360,278 223,938
Occupancy and equipment 48,066 52,349 40,596
Advertising and marketing 8,434 8,046 7,927
Amortization of intangible assets 14,965 19,612 17,713
Data processing and communications expenses 45,976 46,017 38,513
Legal and other professional fees 11,920 15,972 10,634
Credit resolution-related expenses 3,538 5,106 4,082
Merger and conversion charges 4,206 1,391 73,105
FDIC insurance 5,614 14,078 1,945
Loan servicing expenses 26,481 20,910 10,817
Other noninterest expenses 53,148 54,870 42,667
Total noninterest expense 560,124 598,629 471,937
Income before income tax expense 496,112 340,244 211,584
Income tax expense 119,199 78,256 50,143
Net income $ 376,913 $ 261,988 $ 161,441
Basic earnings per common share (in dollars per share) $ 5.43 $ 3.78 $ 2.76
Diluted earnings per common share (in dollars per share) $ 5.40 $ 3.77 $ 2.75
Weighted average common shares outstanding      
Basic (in shares) 69,432 69,256 58,462
Diluted (in shares) 69,761 69,426 58,614