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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Interest Income    
Interest and Fees on Loans and Leases $ 108,210 $ 108,511
Income on Investment Securities    
Available-for-Sale 16,711 13,432
Held-to-Maturity 19,252 21,921
Deposits 9 15
Funds Sold 546 1,444
Other 218 319
Total Interest Income 144,946 145,642
Interest Expense    
Deposits 14,260 15,284
Securities Sold Under Agreements to Repurchase 4,025 4,571
Funds Purchased 72 157
Short-Term Borrowings 39 36
Other Debt 584 757
Total Interest Expense 18,980 20,805
Net Interest Income 125,966 124,837
Provision for Credit Losses 33,600 3,000
Net Interest Income After Provision for Credit Losses 92,366 121,837
Noninterest Income    
Trust and Asset Management 10,915 10,761
Mortgage Banking 2,695 2,287
Service Charges on Deposit Accounts 7,451 7,364
Fees, Exchange, and Other Service Charges 13,200 14,208
Investment Securities Gains (Losses), Net (970) (835)
Annuity and Insurance 928 2,578
Bank-Owned Life Insurance 1,580 1,710
Other 10,350 5,606
Total Noninterest Income 46,149 43,679
Noninterest Expense    
Salaries and Benefits 54,463 56,586
Net Occupancy 8,955 7,594
Net Equipment 8,456 6,833
Data Processing 4,788 4,526
Professional Fees 3,208 2,453
FDIC Insurance 1,456 1,269
Other 14,986 13,796
Total Noninterest Expense 96,312 93,057
Income Before Provision for Income Taxes 42,203 72,459
Provision for Income Taxes 7,461 13,660
Net Income $ 34,742 $ 58,799
Basic Earnings Per Share (in dollars per share) $ 0.88 $ 1.44
Diluted Earnings Per Share (in dollars per share) 0.87 1.43
Dividends Declared Per Share (in dollars per share) $ 0.67 $ 0.62
Basic Weighted Average Shares (in shares) 39,681,611 40,938,318
Diluted Weighted Average Shares (in shares) 39,916,986 41,213,453