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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Interest income    
Loans, including fees $ 87,182 $ 98,931
Investment securities    
Taxable 22,096 18,607
Tax-exempt 4,431 5,043
Total interest on investment securities 26,527 23,650
Other earning assets 121 28
Total interest income 113,830 122,609
Interest expense    
Deposits 2,623 4,333
Short-term borrowings 317 67
Long-term borrowings 4,544 4,333
Total interest expense 7,484 8,733
Net interest income 106,346 113,876
Provision for Credit Losses-loans and leases (5,589) 3,450
Provision for credit losses-unfunded commitments (226) 538
Net interest income after provision for credit losses 112,161 109,888
Noninterest income    
Service Charges on Deposit Accounts 7,729 7,146
Trust and wealth management fees 6,060 5,630
Bankcard income 3,337 3,128
Client derivative fees 799 1,556
Foreign exchange income 10,151 10,757
Operating Lease, Lease Income 6,076 0
Net gain from sales of loans 3,872 9,454
Net gain (loss) on sales/transfers of investment securities 3 (166)
Net gain (loss) on equity securities (199) 112
Other 3,465 2,705
Total noninterest income 41,293 40,322
Noninterest expenses    
Salaries and employee benefits 63,947 61,253
Net occupancy 5,746 5,704
Furniture and equipment 3,567 3,969
Data processing 8,264 7,287
Marketing 1,700 1,361
Communication 666 838
Professional services 2,159 1,450
State intangible tax 1,131 1,202
FDIC assessments 1,459 1,349
Intangible assets amortization 2,914 2,479
Amortization of operating leases 3,869 0
Other 7,383 5,614
Total noninterest expenses 102,805 92,506
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 50,649 57,704
Income tax expense 9,348 10,389
Net income $ 41,301 $ 47,315
Earnings per common share    
Basic $ 0.44 $ 0.49
Diluted $ 0.44 $ 0.48
Average common shares outstanding - basic 93,383,932 96,873,940
Average common shares outstanding - diluted 94,263,925 97,727,527