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Consolidated Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
INTEREST INCOME:    
Interest and fees on loans $ 66,435 $ 62,995
Interest on investment securities:    
Taxable 10,264 14,655
Exempt from federal income tax 13,749 9,694
Interest on federal funds sold and interest-bearing demand deposits in banks 162 756
Total interest income 90,610 88,100
INTEREST EXPENSE:    
Interest on deposits 1,695 6,681
Other 91 517
Total interest expense 1,786 7,198
Net interest income 88,824 80,902
PROVISION FOR CREDIT LOSSES (1,997) 9,850
Net interest income after provisions for credit losses 90,821 71,052
NONINTEREST INCOME:    
Trust fees 8,299 7,437
Service charges on deposit accounts 4,793 5,915
ATM, interchange and credit card fees 8,677 7,400
Gain on sale and fees on mortgage loans 9,894 3,852
Net gain on sale of available-for-sale securities 808 2,062
Net gain on sale of foreclosed assets 55 1
Net gain on sale of assets 145 116
Interest on loan recoveries 382 265
Other 1,821 1,684
Total noninterest income 34,874 28,732
NONINTEREST EXPENSE:    
Salaries, commissions and employee benefits 34,931 29,642
Net occupancy expense 3,147 3,027
Equipment expense 2,164 2,075
FDIC insurance premiums 701 45
ATM, interchange and credit card expenses 2,772 2,985
Professional and service fees 2,139 2,594
Printing, stationery and supplies 325 566
Operational and other losses 287 576
Software amortization and expense 2,619 2,024
Amortization of intangible assets 412 509
Other 8,226 11,275
Total noninterest expense 57,723 55,318
EARNINGS BEFORE INCOME TAXES 67,972 44,466
INCOME TAX EXPENSE 11,054 7,234
NET EARNINGS $ 56,918 $ 37,232
NET EARNINGS PER SHARE, BASIC $ 0.40 $ 0.26
NET EARNINGS PER SHARE, DILUTED 0.40 0.26
DIVIDENDS PER SHARE $ 0.13 $ 0.12