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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Interest Income      
Interest and fees on loans $ 1,284,707 $ 1,198,908 $ 1,033,993
Interest and dividends on investment securities:      
Taxable 70,249 86,926 87,306
Tax-exempt 14,563 17,420 21,504
Dividends 11,644 12,023 13,209
Interest on federal funds sold and other short-term investments 2,556 5,723 3,236
Total interest income 1,383,719 1,321,000 1,159,248
Interest on deposits:      
Savings, NOW and money market 76,169 145,177 108,394
Time 106,067 166,693 81,959
Interest on short-term borrowings 11,372 47,862 45,930
Interest on long-term borrowings and junior subordinated debentures 71,207 63,220 65,762
Total interest expense 264,815 422,952 302,045
Net Interest Income 1,118,904 898,048 857,203
Provision for credit losses for held to maturity securities 635 0 0
Provision for credit losses for loans 125,087 24,218 32,501
Net Interest Income After Provision for Credit Losses 993,182 873,830 824,702
Non-Interest Income      
Insurance commissions 7,398 10,409 15,213
Gains (losses) on securities transactions, net 524 (150) (2,342)
Other-than-temporary impairment losses on securities 0 (2,928) 0
Fees from loan servicing 10,352 9,794 9,319
Gains on sales of loans, net 42,251 18,914 20,515
(Losses) gains on sales of assets, net (1,891) 78,333 (2,401)
Bank owned life insurance 10,083 8,232 8,691
Other 83,643 55,634 45,607
Non-interest income 183,032 214,520 134,052
Non-Interest Expense      
Salary and employee benefits expense 333,221 327,431 333,816
Net occupancy and equipment expense 129,002 118,191 108,763
FDIC insurance assessment 18,949 21,710 28,266
Amortization of other intangible assets 24,645 18,080 18,416
Professional and legal fees 32,348 20,810 34,141
Loss on extinguishment of debt 12,036 31,995 0
Amortization of tax credit investments 13,335 20,392 24,200
Telecommunication expenses 10,737 9,883 12,102
Other 71,875 63,063 69,357
Total non-interest expense 646,148 631,555 629,061
Income Before Income Taxes 530,066 456,795 329,693
Income tax expense 139,460 147,002 68,265
Net Income 390,606 309,793 261,428
Dividends on preferred stock 12,688 12,688 12,688
Net Income Available to Common Shareholders $ 377,918 $ 297,105 $ 248,740
Earnings Per Common Share:      
Basic (in USD per share) $ 0.94 $ 0.88 $ 0.75
Diluted (in USD per share) 0.93 0.87 0.75
Cash dividends declared per common share (in USD per share) $ 0.44 $ 0.44 $ 0.44
Weighted Average Number of Common Shares Outstanding:      
Basic (in shares) 403,754,356 337,792,270 331,258,964
Diluted (in shares) 405,046,207 340,117,808 332,693,718
Trust and Investment Services      
Non-Interest Income      
Services $ 12,415 $ 12,646 $ 12,633
Deposit Account      
Non-Interest Income      
Services $ 18,257 $ 23,636 $ 26,817