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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Interest Income        
Interest and Fees on Loans and Leases $ 101,663 $ 100,894 $ 196,102 $ 200,193
Income on Investment Securities        
Available-for-Sale 17,984 16,467 35,084 32,304
Held-to-Maturity 18,838 13,576 37,539 26,876
Deposits 5   9 7
Funds Sold 719 260 846 397
Other 353 182 555 367
Total Interest Income 139,562 131,379 270,135 260,144
Interest Expense        
Deposits 3,535 4,152 5,888 8,481
Securities Sold Under Agreements to Repurchase 2,794 3,470 5,566 7,003
Funds Purchased 57   59 1
Short-Term Borrowings 92   92  
Other Debt 182 243 365 576
Total Interest Expense 6,660 7,865 11,970 16,061
Net Interest Income 132,902 123,514 258,165 244,083
Provision for Credit Losses (2,500) (16,100) (8,000) (30,400)
Net Interest Income After Provision for Credit Losses 135,402 139,614 266,165 274,483
Noninterest Income        
Trust and Asset Management 11,457 11,682 22,733 22,960
Mortgage Banking 1,247 3,058 3,987 8,920
Service Charges on Deposit Accounts 7,309 6,065 14,581 12,193
Fees, Exchange, and Other Service Charges 14,193 13,807 27,145 27,414
Investment Securities Gains (Losses), Net (1,295) 2,423 (2,840) 1,220
Annuity and Insurance 870 911 1,661 1,613
Bank-Owned Life Insurance 2,658 2,063 5,007 3,980
Other 5,719 4,422 13,435 9,101
Total Noninterest Income 42,158 44,431 85,709 87,401
Noninterest Expense        
Salaries and Benefits 57,769 56,161 117,693 112,412
Net Occupancy 9,930 5,047 19,756 14,137
Net Equipment 9,543 8,796 18,696 17,674
Data Processing 4,607 4,557 9,167 10,879
Professional Fees 3,542 3,114 6,800 6,520
FDIC Insurance 1,590 1,669 3,092 3,323
Other 15,958 17,183 31,609 30,447
Total Noninterest Expense 102,939 96,527 206,813 195,392
Income Before Provision for Income Taxes 74,621 87,518 145,061 166,492
Provision for Income Taxes 17,759 19,985 33,365 39,010
Net Income 56,862 67,533 111,696 127,482
Preferred Stock Dividends 1,969   3,938  
Net Income Available to Common Shareholders $ 54,893 $ 67,533 $ 107,758 $ 127,482
Basic Earnings Per Common Share $ 1.38 $ 1.69 $ 2.71 $ 3.20
Diluted Earnings Per Common Share 1.38 1.68 2.70 3.18
Dividends Declared Per Common Share $ 0.70 $ 0.67 $ 1.40 $ 1.34
Basic Weighted Average Common Shares 39,693,593 39,902,583 39,722,985 39,865,268
Diluted Weighted Average Common Shares 39,842,608 40,122,905 39,896,700 40,096,527