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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Interest income:      
Loans, including fees $ 674,611 $ 680,064 $ 741,747
Securities:      
Taxable 89,550 93,569 117,082
Tax-exempt 226,683 233,614 233,842
Interest-bearing deposits 17,878 12,893 35,590
Federal funds sold 31 723 5,260
Resell agreements 16 172 264
Total interest income 1,008,769 1,021,035 1,133,785
Interest expense:      
Deposits 14,520 32,018 99,742
Federal funds purchased 32 100 347
Repurchase agreements 2,209 4,382 19,328
Junior subordinated deferrable interest debentures 2,484 3,560 5,706
Subordinated notes 4,657 4,656 4,657
Federal Home Loan Bank advances 0 318 0
Total interest expense 23,902 45,034 129,780
Net interest income 984,867 976,001 1,004,005
Credit loss expense 63 241,230 33,759
Net interest income after credit loss expense 984,804 734,771 970,246
Non-interest income:      
Trust and investment management fees 148,994 129,272 126,722
Service charges on deposit accounts 83,292 80,873 88,983
Insurance commissions and fees 51,548 50,313 52,345
Interchange and card transaction fees 17,461 13,470 14,873
Other charges, commissions and fees 36,836 34,825 37,123
Net gain (loss) on securities transactions 69 108,989 293
Other 48,528 47,712 43,563
Total non-interest income 386,728 465,454 363,902
Non-interest expense:      
Salaries and wages 395,497 387,328 375,029
Employee benefits 82,029 75,676 86,230
Net occupancy 107,344 102,938 89,466
Technology, furniture and equipment 112,738 105,232 91,995
Deposit insurance 12,232 10,502 10,126
Intangible amortization 697 918 1,168
Other 171,457 166,310 180,665
Total non-interest expense 881,994 848,904 834,679
Income before income taxes 489,538 351,321 499,469
Income taxes 46,459 20,170 55,870
Net income 443,079 331,151 443,599
Preferred stock dividends 7,157 2,016 8,063
Redemption of preferred stock 0 5,514 0
Net income available to common shareholders $ 435,922 $ 323,621 $ 435,536
Earnings per common share:      
Basic (in dollars per share) $ 6.79 $ 5.11 $ 6.89
Diluted (in dollars per share) $ 6.76 $ 5.10 $ 6.84