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Consolidated Statements of Income (Loss) (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Loans including fees:    
Taxable $ 184,015 $ 122,529
Nontaxable 3,507 3,357
Investment securities:    
Taxable 37,409 24,131
Nontaxable 10,266 9,132
Money market and other interest-earning investments 308 88
Total interest income 235,505 159,237
Interest Expense    
Deposits 3,194 3,159
Securities sold under agreements to repurchase 96 120
Federal Home Loan Bank advances 5,963 5,409
Other borrowings 3,467 2,429
Total interest expense 12,720 11,117
Net interest income 222,785 148,120
Provision for credit losses 97,569 (17,356)
Net interest income after provision for credit losses 125,216 165,476
Noninterest Income    
Wealth management fees 14,630 9,708
Service charges on deposit accounts 14,726 8,124
Debit card and ATM fees 6,899 5,143
Mortgage banking revenue 7,245 16,525
Investment product fees 7,322 5,864
Capital markets income 4,442 3,715
Company-owned life insurance 3,524 2,714
Debt securities gains (losses), net 342 1,993
Other income 6,110 2,926
Total noninterest income 65,240 56,712
Noninterest Expense    
Salaries and employee benefits 124,147 68,117
Occupancy 21,019 14,872
Equipment 5,168 3,969
Marketing 4,276 2,062
Data processing 18,762 12,353
Communication 3,417 2,878
Professional fees 19,791 2,724
FDIC assessment 2,575 1,607
Amortization of intangibles 4,811 3,075
Amortization of tax credit investments 1,516 1,202
Other expense 21,274 4,881
Total noninterest expense 226,756 117,740
Income (loss) before income taxes (36,300) 104,448
Income tax expense (benefit) (8,714) 17,630
Net income (loss) (27,586) 86,818
Preferred dividends (2,017) 0
Net income (loss) applicable to common shareholders $ (29,603) $ 86,818
Net income (loss) per common share - basic (in dollars per share) $ (0.13) $ 0.53
Net income (loss) per common share - diluted (in dollars per share) $ (0.13) $ 0.52
Weighted average number of common shares outstanding - basic (in shares) 227,002 164,997
Weighted average number of common shares outstanding - diluted (in shares) 227,002 165,707
Dividends per common share (in dollars per share) $ 0.14 $ 0.14