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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Interest Income    
Interest and fees on LHFS & LHFI $ 90,561 $ 106,345
Interest and fees on PPP loans 9,241  
Interest on securities:    
Taxable 8,938 12,948
Tax exempt 229 361
Other interest income 503 740
Total Interest Income 109,472 120,394
Interest Expense    
Interest on deposits 5,223 14,957
Interest on federal funds purchased and securities sold under repurchase agreements 56 625
Other interest expense 1,857 860
Total Interest Expense 7,136 16,442
Net Interest Income 102,336 103,952
Provision for credit losses (PCL) (10,501) 20,581
Net Interest Income After PCL 112,837 83,371
Noninterest Income    
Service charges on deposit accounts 7,356 10,032
Bank card and other fees 9,472 5,355
Mortgage banking, net 20,804 27,483
Insurance commissions 12,445 11,550
Wealth management 8,416 8,537
Other, net 2,090 2,307
Total Noninterest Income 60,583 65,264
Noninterest Expense    
Salaries and employee benefits 71,162 69,148
Services and fees 22,484 19,930
Net occupancy - premises 6,795 6,286
Equipment expense 6,244 5,616
Other real estate expense, net 324 1,294
Credit loss expense related to off-balance sheet credit exposures (9,367) 6,783
Other expense 14,539 14,753
Total Noninterest Expense 112,181 123,810
Income Before Income Taxes 61,239 24,825
Income taxes 9,277 2,607
Net Income $ 51,962 $ 22,218
Earnings Per Share    
Basic $ 0.82 $ 0.35
Diluted $ 0.82 $ 0.35