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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Interest Income        
Interest and Fees on Loans and Leases $ 107,628 $ 110,401 $ 215,838 $ 218,912
Income on Investment Securities        
Available-for-Sale 14,576 15,072 31,287 28,504
Held-to-Maturity 16,723 22,149 35,975 44,070
Deposits 1 9 10 24
Funds Sold 92 730 638 2,174
Other 125 210 343 529
Total Interest Income 139,145 148,571 284,091 294,213
Interest Expense        
Deposits 7,954 18,628 22,214 33,912
Securities Sold Under Agreements to Repurchase 4,020 4,623 8,045 9,194
Funds Purchased 18 512 90 669
Short-Term Borrowings 22 1 61 37
Other Debt 440 710 1,024 1,467
Total Interest Expense 12,454 24,474 31,434 45,279
Net Interest Income 126,691 124,097 252,657 248,934
Provision for Credit Losses 40,400 4,000 74,000 7,000
Net Interest Income After Provision for Credit Losses 86,291 120,097 178,657 241,934
Noninterest Income        
Trust and Asset Management 10,550 11,385 21,465 22,146
Mortgage Banking 4,278 3,336 6,973 5,623
Service Charges on Deposit Accounts 5,097 7,283 12,548 14,647
Fees, Exchange, and Other Service Charges 9,417 14,252 22,617 28,460
Investment Securities Gains (Losses), Net 13,216 (776) 12,246 (1,611)
Annuity and Insurance 883 1,806 1,811 4,384
Bank-Owned Life Insurance 1,649 1,779 3,229 3,489
Other 6,178 6,385 16,528 11,991
Total Noninterest Income 51,268 45,450 97,417 89,129
Noninterest Expense        
Salaries and Benefits 50,715 53,511 105,178 110,097
Net Occupancy 8,761 8,579 17,716 16,173
Net Equipment 8,195 6,895 16,651 13,728
Data Processing 4,416 4,727 9,204 9,253
Professional Fees 3,061 2,177 6,269 4,630
FDIC Insurance 1,558 1,290 3,014 2,559
Other 12,186 15,546 27,172 29,342
Total Noninterest Expense 88,892 92,725 185,204 185,782
Income Before Provision for Income Taxes 48,667 72,822 90,870 145,281
Provision for Income Taxes 9,759 15,903 17,220 29,563
Net Income $ 38,908 $ 56,919 $ 73,650 $ 115,718
Basic Earnings Per Share (in dollars per share) $ 0.98 $ 1.40 $ 1.86 $ 2.84
Diluted Earnings Per Share (in dollars per share) 0.98 1.40 1.85 2.82
Dividends Declared Per Share (in dollars per share) $ 0.67 $ 0.65 $ 1.34 $ 1.27
Basic Weighted Average Shares (in shares) 39,703,735 40,541,594 39,692,695 40,738,772
Diluted Weighted Average Shares (in shares) 39,832,475 40,769,767 39,873,334 40,988,001