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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Interest Income      
Loans, including fees $ 737,932 $ 683,042 $ 603,961
Investment securities:      
Taxable 62,556 56,039 47,028
Tax-exempt 14,218 12,076 11,566
Dividends 0 5 369
Loans held for sale 1,351 1,159 876
Other interest income 9,249 6,193 5,066
Total Interest Income 825,306 758,514 668,866
Interest Expense      
Deposits 131,775 87,712 57,791
Short-term borrowings 14,543 8,489 2,779
Long-term debt 30,599 31,857 32,932
Total Interest Expense 176,917 128,058 93,502
Net Interest Income 648,389 630,456 575,364
Provision for credit losses 32,825 46,907 23,305
Net Interest Income After Provision for Credit Losses 615,564 583,549 552,059
Non-Interest Income      
Non-interest income before investment securities gains 211,427 195,488 198,903
Investment securities gains, net 4,733 37 9,071
Total Non-Interest Income 216,160 195,525 207,974
Non-Interest Expense      
Salaries and employee benefits 311,934 303,202 290,130
Net occupancy 52,826 51,678 49,708
Data processing and software 44,679 41,286 38,735
Other outside services 39,989 33,758 27,501
Equipment 13,575 13,243 12,935
Professional 13,134 14,161 12,688
Federal Deposit Insurance Corporation (FDIC) 7,780 10,993 11,049
Amortization of tax credit investments 6,021 11,449 11,028
Prepayment penalty on Federal Home Loan Bank (FHLB) advances 4,326 0 0
Intangible amortization 1,427 0 0
Other 72,045 66,334 71,805
Total Non-Interest Expense 567,736 546,104 525,579
Income Before Income Taxes 263,988 232,970 234,454
Income taxes 37,649 24,577 62,701
Net Income $ 226,339 $ 208,393 $ 171,753
PER COMMON SHARE:      
Net Income (Basic) (usd per share) $ 1.36 $ 1.19 $ 0.98
Net Income (Diluted) (usd per share) 1.35 1.18 0.98
Cash Dividends (usd per share) $ 0.56 $ 0.52 $ 0.47
Commercial banking      
Non-Interest Income      
Non-interest income before investment securities gains $ 71,117 $ 63,929 $ 65,730
Consumer banking      
Non-Interest Income      
Non-interest income before investment securities gains 49,503 48,422 48,918
Investment management and trust services      
Non-Interest Income      
Non-interest income before investment securities gains 55,678 52,148 49,249
Mortgage banking      
Non-Interest Income      
Non-interest income before investment securities gains 23,099 19,026 19,928
Other      
Non-Interest Income      
Non-interest income before investment securities gains $ 12,030 $ 11,963 $ 15,078