XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Interest income:    
Loans, including fees $ 149,977 $ 167,483
Securities:    
Taxable 43,058 20,028
Tax-exempt 56,866 56,663
Interest-bearing deposits 6,343 2,433
Federal funds sold 13 3
Resell agreements 4 1
Total interest income 256,261 246,611
Interest expense:    
Deposits 4,912 3,517
Federal funds purchased 12 8
Repurchase agreements 518 395
Junior subordinated deferrable interest debentures 584 646
Subordinated notes 1,164 1,164
Total interest expense 7,190 5,730
Net interest income 249,071 240,881
Credit loss expense 0 63
Net interest income after credit loss expense 249,071 240,818
Non-interest income:    
Trust and investment management fees 38,656 35,314
Service charges on deposit accounts 22,740 19,993
Insurance commissions and fees 16,608 17,313
Interchange and card transaction fees 4,226 4,093
Other charges, commissions and fees 9,627 8,304
Net gain (loss) on securities transactions 0 0
Other 9,533 8,219
Total non-interest income 101,390 93,236
Non-interest expense:    
Salaries and wages 111,329 93,458
Employee benefits 24,220 22,536
Net occupancy 27,411 26,051
Technology, furniture and equipment 29,157 28,016
Deposit insurance 3,633 2,928
Intangible amortization 146 202
Other 42,836 36,951
Total non-interest expense 238,732 210,142
Income before income taxes 111,729 123,912
Income taxes 12,627 7,897
Net income 99,102 116,015
Preferred stock dividends 1,669 2,151
Net income available to common shareholders $ 97,433 $ 113,864
Earnings per common share:    
Basic $ 1.51 $ 1.78
Diluted $ 1.50 $ 1.77