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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Interest income        
Loans $ 105,004 $ 114,914 $ 333,334 $ 351,192
Securities        
Taxable 6,749 5,499 17,285 19,219
Tax-exempt 1,667 1,573 5,025 4,697
Other 593 92 1,122 1,098
Total interest income 114,013 122,078 356,766 376,206
Interest expense        
Deposits 6,972 11,810 22,920 44,175
Borrowings 3,749 3,982 11,327 13,361
Total interest expense 10,721 15,792 34,247 57,536
Net interest income 103,292 106,286 322,519 318,670
(Recovery of) provision for loan losses (1,200) 23,100 (1,200) 76,350
Provision for other credit losses 0 0 0 0
(Recovery of) provision for credit losses (1,200) 23,100 (1,200) 76,350
Net interest income after provision for credit losses 104,492 83,186 323,719 242,320
Noninterest income        
Service charges on deposit accounts 9,337 7,486 26,818 23,388
Fees and commissions 3,837 3,402 11,847 9,427
Insurance commissions 2,829 2,681 7,488 6,797
Wealth management revenue 5,371 4,364 15,182 12,190
Mortgage banking income 23,292 49,714 94,878 110,739
Net gain on sales of securities 764 0 2,121 31
BOLI income 1,602 1,267 5,318 3,759
Other 3,723 2,014 15,750 6,337
Total noninterest income 50,755 70,928 179,402 172,668
Noninterest expense        
Salaries and employee benefits 69,115 75,406 218,104 227,956
Data processing 5,277 5,259 16,380 15,312
Net occupancy and equipment 11,748 13,296 35,660 40,927
Other real estate owned 168 1,033 313 2,071
Professional fees 2,972 3,197 8,566 8,355
Advertising and public relations 2,922 2,240 9,274 8,560
Intangible amortization 1,481 1,733 4,618 5,462
Communications 2,198 2,319 6,781 6,698
Restructuring charges 0 0 307 0
Debt prepayment penalty   28 0 118
Other 8,118 11,999 28,708 34,377
Total noninterest expense 103,999 116,510 328,711 349,836
Income (loss) before income taxes 51,248 37,604 174,410 65,152
Income taxes 11,185 7,612 35,572 13,022
Net income (loss) $ 40,063 $ 29,992 $ 138,838 $ 52,130
Basic earnings per share (usd per share) $ 0.71 $ 0.53 $ 2.47 $ 0.93
Diluted earnings per share (usd per share) 0.71 0.53 2.46 0.92
Cash dividends per common share (usd per share) $ 0.22 $ 0.22 $ 0.66 $ 0.66